Dubai in global top five for residential capital value growth ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
When it comes to growth in prime residential capital value, the leader board has traditionally been dominated by US cities. Now, Dubai has become the only non-US city to make it to the top five, ranking fourth for prime residential capital value growth in the first half of 2022, says global real estate advisor Savills. What’s more, of all the other contenders, Savills says that it believes Dubai is set to perform the strongest for the remainder of 2022. In its bi-annual study of prime residential capital values and rents across 30 major global cities, Savills notes Dubai has recorded strong performance on both prime residential capital growth and rental growth assessments for the period ende

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