United Arab Emirates Real Estate Q1 2020
The supply glut continues to cause downward pressure on rentals costs across all three sub-sectors. As a result, themarket is expected to remain tenant-favourable well into 2020. Furthermore, the strong dollar and tensions with Qatar haveweighed on investment returns as property owners absorb higher costs amid soft market conditions. Falling rents are anticipatedover the near term, as the market is expected to witness a number of project completions in the run up to the World Expo 2020.
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