Dubai house prices stable for three months running – first time in five years

DUBAI: Dubai property prices have now been stable for three months on the trot – the first time that has happened in five years, notes Tellimer.
“Visa and ownership rules have no doubt moved in the right direction and may be underpinning the stabilization in completed real estate prices in both Dubai and Abu Dhabi,” the research company said in a note to clients on Tuesday.
A slew of positive indicators have emerged from the UAE real estate sector in recent days and not just in Dubai.