Fears of up to a 10% drop in property prices in Dubai
January 8, 2019
Globally there is a touch of unrest within major real estate locations including Hong Kong, London and Vancouver. Adding to the negative news is Dubai with recent headlines stating that fear is growing regarding a 5 to 10% drop in property prices for 2019.
Blamed for the forecast are the growing new supply numbers, a strong dollar and lower oil prices.
Varied news media outlets lead with this story to include Reuters and Khaleej Times.
You May Also Enjoy
UK Construction Activity Collapses
Glenigan’s April Construction Index uncovers an industry struggling to cushion the blows from ongoing international conflict and a persistently weak economy. Work starting on-site declined by 17% compared to Q4, remaining 18% below 2025 levels. Residential construction starts dropped by 13% during the Index period and fell by 30% against 2025 figures. Non-residential project-starts dipped…
Read More 
Homebuyer demand down in Q1 2026
Buyer demand slips in Q1 2026, with South of England outperformed by North and Midlands The latest Sales Demand Index from eXp UK has revealed that homebuyer demand in England slipped by -1.6% in Q1 2026. The analysis also reveals a clear north-south divide with counties located in the midlands or north of the country recording…
Read More 
Check your rights now or risk being caught out by new rental laws
Renters have been urged to check their rights now or risk being caught out, as sweeping new laws prepare to transform the rental market from May. The warning comes ahead of the Renters’ Rights Act, with major reforms set to affect millions of tenants, fundamentally changing how tenancies are managed and challenged. Housing law expert…
Read More 
East London dominates on annual growth for property values over the last decade
The latest analysis by Foxtons has revealed that, alongside a consistent average annual rate of growth in property values of 1.3% across the capital over the last decade, the east of London dominates when it comes to stand out borough performance – with Redbridge, Havering and Barking and Dagenham topping the table for house price…
Read More 
Homebuyers face longer buying timelines
The latest research from Lyons Bowe suggests the homebuying process could become even slower in 2026: as the number of conveyancers operating across the UK is thought to have fallen by almost -13% while transaction volumes rise, placing further pressure on completion timelines. Lyons Bowe has analysed data on the number of active conveyancers in…
Read More 
Breaking Property News 1/4/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Winning the AI Era: A Playbook for UK Estate Agencies The AI-Driven Rewiring of UK Estate Agency Thought Leadership by Andrew Stanton CEO Proptech-PR Real estate has historically been conservative, fragmented, and inefficient. A surge of startups, is introducing automation, data-driven decision-making, and better customer experiences. This…
Read More