Dossier
property sales
Coverage of property sales in the Nexus archive.
- Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
Dubai property sales have dropped 19% in May compared to the previous month, with luxury villa sellers reducing prices by tens of millions of pounds. A researcher named ValuStrat attributed the decline to a slowdown caused by war in the Middle East.
- Property sales fall 41% in a YEAR as buyers lose tax break and Iran war uncertainty takes toll
Property sales declined by 41% in a year due to the removal of a buyer tax break and uncertainty from the Iran war. The drop highlights economic strain from policy changes and geopolitical tensions.