Dubai Property Prices Fall Most in the World, Knight Frank Says

  • Real estate prices in Dubai fell 12.2 percent in year to June
  • Drop set to continue during the second half, says Cluttons

Over the past decade, Dubai’s property market has swung from boom to bust and back again.

Photographer: Chris Ratcliffe/Bloomberg

Dubai property prices fell by 12.2 percent during the past year, the largest drop in the world, according to real estate consultancy Knight Frank.

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