Dubai real estate boom: Property prices in Dubai South, neighbouring areas post 15% spike following Al Maktoum International Airport expansion announcement
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Arabian Business
- Published on
17
Industry insiders predicted a massive demand for properties – both housing and commercial spaces – pegging the numbers at upwards of 100,000 properties in the airport vicinities over the next decade, leading to a further surge in prices
The massive expansion project at Al Maktoum International Airport seemed to have set off a real estate boom in the surrounding areas, pushing up property prices upward, with industry projections indicating a potential price rise of up to 15 percent in Dubai South and neighbouring areas this year alone.
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Arabian Business
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