October 19th, 2007
Annual property prices in Dubai are set to be up by 25% over the next ten years said a senior official of a Dubai based developer. He also predicted that 45,000 additional units of property are needed per year in Dubai until 2020.
Announcing it at Cityscape, a trade show for institutional investors in the real estate industry, the developer cited Dubai’s growing population and steady economic growth as the reason.
