Dubai Property Seen too Expensive to Get Iran Sanctions BounceBy
Homes 4.4 times more expensive for Iranian rial buyers
Sanctions relief would boost Iranians' developed market access
Dubai homes are 4.4 times more expensive for Iranians using local currency than they were five years ago, meaning a lifting of sanctions against the Islamic republic would have little short-term effect on the emirate’s slumping real estate market, according to Phidar Advisory.
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