Is the property bubble in #Dubai about to burst? #house #realestate #luxury #shorts
Bloomberg Televisionยท2025-08-16 01:00
Dubai is seeing a wave of outlandish new developments as its real estate market booms. The question is, is it a bubble ready to burst. Ewa, a 21-story residential tower designed to look like the Halleluja Mountains from the Avatar movies, is currently under construction.Developments like this have some observers wondering if they're well timed entries into a roaring market or warning signs of a coming slowdown. Foreign professionals continue to flood into Dubai, pushing prices ever higher. House prices have ...