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“But these non-oil sectors, outside the luxury segment, remain constrained by. If that requirement persists, many foreigners may remain reluctant to buy homes and there may be little benefit for Du.

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The government-run Dubai Media Office said it could not comment on the report. For its part, the center known by the acronym C4ADS said Dubai has a “high-end luxury real estate. through its currenc.

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“That suggests that buying right now won’t result. A recovery isn’t likely before 2020, when Dubai is set to host the World Expo, S&P Global Ratings said in a report in February. Transactions of co.

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