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Fortune

Melissa Hancock

Property prices are down in Dubai. Is it a war-induced blip, or something more serious?

Dubai Fitch UAE Capital Economics Fortune

(Credit: bortnikau via Getty)

Dubai’s real estate market has often defied expectations.

And the news that the emirate had set a new record in early March for the largest residential land transaction, valued at AED400m ($100m), was no exception.

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Top stories on inkl right now

Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

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One subscription that gives you access to news from hundreds of sites

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