Dubai expects to see fresh supply of 50000 residential units and 2.5 million square foot of office space in 2020

Posted on March 9, 2020

Sale price declines are likely to ease this year, particularly for newly launched projects, as development costs are approaching the lowest level Residential real estate prices has already dropped by almost 6% last year with a total of 31,000 residential units being handed over in Dubai and commercial sector received 3.1 million square feet of new office space last year