JLL expects outdated existing developments to continue to face pressure particularly apartment developments in the Dubai property market, “as new developments with larger unit layouts, attractive payment plans, and community amenities have a stronger appeal to tenants and investors alike.” According to the firm, Dubai’s residential market stock increased to 618,000 units with the addition of 10,000 units over the quarter. For the remainder of 2021, an additional 36,000 units are expected to be added. In Abu Dhabi, 815 residential units were delivered during the quarter, bringing the total stock to roughly 267,000 units. By end of 2021, approximately 6,360 units are scheduled to enter the mar
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