JLL: Temporary negative impact on real estate from Brexit
The Brexit decision may have a temporary negative effect on Dubai real estate market, as British investors are hit by the depreciation of the GBP, according to a recent report by JLL. The decision is believed to have already impacted the retail and the hospitality segments, according to the same report. British nationals are the second largest international investors in Dubai real estate, according to data from Dubai Land Department (DLD). (Arabian Business, Emirates 247)
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.