Property. New projects mushroom in the Gulf region

Through . Published on 13 December 2021 à 14h56 - Update on 13 December 2021 à 14h56

Whilst the Central Bank forecasts a GDP of 2.1% in 2021 and 4.2% in 2022 for the United Arab Emirates, the property market is catching up. In the first half of 2021, Dubai’s hotels returned to an occupancy rate of 62%, which favored consumer spending.…