(MENAFN) The GCC investors did not let local economic concerns weaken their interest in Dubai residential property, which is still seen as offering long-term fiscal security.
Furthermore, Dubai market is experiencing a period of healthy stabilization pacing the way for strong growth in the build-up to Expo 2020.
Accordingly, the country remains an appealing investment destination for local investors due to its central location, shared religious and cultural values.
Recently, selling prices are close to construction costs and the country has not experienced reduced enquiries due to oil prices as their property.
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