Dubai property prices to rise 10-15% in 2014

Property price rise in Dubai will continue to be much higher than rest of the world in 2014 though it will slow down compared to 2013, according to a new report.

Knight Frank?s Prime Global Forecast report reveals that Dubai will top of the list for global cities that will witness double digit price growth in 2014.

Liam Bailey, Global Head of Residential Research, states in the report that Dubai will see prices jump by 10 to 15 per cent in 2014 driven mostly by Expo 2020 development, buyer incentives and a relaxation of cooling measures.

via Dubai property prices to rise 10-15% in 2014: Report – Emirates 24/7.