Reality Check on the Dubai Real Estate Market

The transcript discusses recent fire incidents in Dubai and the impact of new regulations. It analyzes the real estate market trends in 2017, highlighting the resilience of off-plan sales despite a drop in residential prices. The introduction of VAT and its potential effects on the property market are examined. The discussion also covers market trends, predictions, and economic factors affecting Dubai, with recommendations for authorities to remain flexible and responsive to changes.

How has the off-plan residential sales market performed despite the drop in residential prices?

What impact does the value-added tax (VAT) have on the property sector in Dubai?

Which areas in Dubai are experiencing growth despite the overall market challenges?