The Guardian Australia – Business
·business
·5 hours ago
Dubai property sales plunge 19% in May amid ongoing Middle East conflict
Dubai property sales dropped 19% in May as the Middle East war continued to affect the market. The decline accelerates from a 4% drop in April, leaving transactions below half their level from last year. Sellers have slashed asking prices by tens of millions, as uncertainty lingers over the geopolitical situation.
Summary by OZbrief · The Guardian Australia – Business
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