An aerial view of Dubai from Burj Khalifa, the tallest building in the world. File photo: REUTERS/AHMED JADALLAH
Robust demand, peaking supply growth and long lead times for new projects could lead to a tighter-than-expected market over the next several years, analysts Katherine Carpenter and Nida Iqbal wrote in a report. For properties worth at least 10-million dirhams , a record 84 changed hands in March, according to data from real estate consultant Property Monitor.
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