Here They Go Again: Dubai Real Estate Boom 2.0 Hits The Skids

The strategy of investing in Dubai property in the hope of doubling or even tripling your money is now over, according to a new report. ……Prices plummeted in Downtown Dubai, down 16%, prices at the world’s tallest building Burj Khalifa, known as the Burj Dubai, down nearly 12% and the Palm Jumeirah and Dubai Marine down by 5% to 7%.

 

 

 

https://www.zerohedge.com/news/2019-02-26/bubble-warning-property-prices-dubai-continue-plummet