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Real estate giant Knight Frank predicts bottoming of UAE property markets during 2022

Posted on February 15, 2021   |  

  • Average mainstream prices in Dubai fell by 7.1% y-o-y in 2020, while Abu Dhabi values dropped just 2%, following a 7.5% decrease in 2019.
  • New property supply levels are expected to ease in 2023 in Dubai and 2022 in Abu Dhabi.