Property prices and rental rates in Dubai are expected to fall further in 2016, according to estate agency Cluttons. The firm's latest report says the average price of a new home has fallen by about five per cent from last year’s, while rents are down by a tenth. But the office market looks steady, with rents and demand unchanged across most areas. The head of Cluttons Dubai, Murray Strang, discussed factors affecting the market with ARN.
Listen

UAE-Russia services and investment agreement takes effect
UAE backs closer tourism cooperation at BRICS meeting
Abu Dhabi DoE expands tech partnerships during US visit
US, Canada fail to reach a tariff deal, deepen trade war
Hudayriyat Island tops Abu Dhabi property sales
