| As a severe oversupply of residential and office real estate pushes prices of those properties lower, developers in the emirate are seeing opportunity in retail space—a relatively underdeveloped sector that has performed well despite the economic crisis.
While commercial office rents fell by as much as 20% last year, average rents in Dubai's retail sector were unchanged, due in part to limited retail space. Increased shopping by tourists boosted profits for retailers...............................................Full Article: Source
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