Dubai home sale transactions fall in third quarter due to regional uncertainty

The National ·
United Arab Emirates

The volume and value of residential property transactions in Dubai fell sharply in the third quarter of this year as buyers became “more cautious” amid regional uncertainty over the Iran war, according to a new report. Dubai recorded home sales worth a total of Dh72.6 billion ($19.7 billion) in the three months to the end of September, down 47 per cent compared to the same period last year. The…

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