Dubai Property CEO Expects Supply of New Homes to Moderate

The chief executive officer of Dubai’s Union Properties PJSC expects surging construction and land costs to put the brakes on the supply of new homes in the emirate’s booming real-estate...

By Zainab Fattah, Joumanna Bercetche · Bloomberg Markets

The chief executive officer of Dubai’s Union Properties PJSC expects surging construction and land costs to put the brakes on the supply of new homes in the emirate’s booming real-estate market.