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Dubai Left Behind as World’s Prime Property Hotspots Thrive

  • Knight Frank sees Dubai, Buenos Aires prime homes losing value
  • Next year could hand Dubai its biggest home supply since 2009
Gloom Deepens For Dubai Property Slump
Photographer: Christopher Pike/Bloomberg
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A supply glut that’s held down Dubai’s property prices for over half a decade will likely keep it on the sidelines of a global upswing in values of prime residential real estate.