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Observer Dubai Market Report, Q4 2018

The UAE government have announced new initiative to mitigate the disparity in supply and demand. Removal of the 20% cap on an individual bank’s real estate lending as a percentage of its total deposits. Another change is in the rental sector, to focus on the holiday let market which has been legal in the Emirate since 2016.

Read the full Chestertons MENA Dubai Market report for a full evaluation of the current residential property market.