Whilst we anticipate a slowdown in the rapid price will increase observed since 2019, we foresee continued progress at more sustainable ranges, reflecting the evolution and maturity of Dubai’s real estate market. This yr will see a multi-fold growth in real estate investments since the true estate market is much less risky than other investment markets and delivers larger returns. High property costs and mortgage charges have left extra traders claiming negative gearing tax deductions, consultants say.
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- The recently launched Dubai Economic Agenda D33 options total financial targets of Dh32 trillion over the next 10 years.
- The Indonesian authorities gradually relaxed social restrictions since the beginning of 2022, which resulted in additional strong economic development.
- On September 8, Friday, StockEdge reported that 27 shares had been trading in the overbought zone however had bearish or declining Relative Strength Index tendencies.
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