Home prices in Dubai, the Middle East’s main business and financial hub, have slumped by more than 30% since 2014. The oversupply was exacerbated by the pandemic, as demand from foreign and local investors dropped. Still, Damac’s stock has doubled over the past year, with the shares up more than 40% this month alone.

Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *