Why now’s the time to buy a Dubai dream home
The prime property has become more affordable in Dubai as prices continued their downward trajectory in the third quarter of 2018. The emirate was ranked 39th in the Global Residential Cities Index by consultancy Knight Frank.
The real estate consultancy said prices in Dubai declined 3.8 percent year on year in the third quarter of 2018; 4.2 percent in the last six months and 2.6 percent on a quarter-on-quarter basis. Dubai prime property prices witnessed the second highest decline in the Middle East after Istanbul, which saw a 6.3 percent drop in super prime home prices.