Dubai: Why some investors have put property sales on hold
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Khaleej Times
- Published on
19
Property owners in Dubai South and its vicinity have begun to raise prices – by up to 25 percent
Many investors are demanding higher rates than earlier for their properties on sale in Dubai South and its vicinity, while many have decided to hold off on the sales for the time being. The reason is the announcement of the relocation of the Dubai Airport (DXB) airport to Dubai South.
Industry executives said that ever since the Dubai government announced the Al Maktoum International in Dubai South, many sellers have raised the price of their properties by up to 25 percent.
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Khaleej Times
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