Dubai, Abu Dhabi property markets could gain if Trump’s midterm losses help end Iran war
GlobeAlert Desk · curated from South China Morning Post · Middle East
The United Arab Emirates, a favoured destination for foreign property investment, could see support for housing demand and prices if heavy midterm losses for US President Donald Trump’s Republican Party help bring an end to the Iran war, analysts said, adding that housing markets across the wider Middle East could also benefit. Property demand in Abu Dhabi and Dubai, the two largest emirates in the UAE, cooled in recent months, according to data tracked by JLL, following the US-Israel war on...
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