With the creation of half a million jobs and the influx of new residents there is a predicted shortage of affordable housing in Dubai South over the coming 5 to 10 years. Developers are starting to build but the scale of the demand shock from the ai…
With the creation of half a million jobs and the influx of new residents there is a predicted shortage of affordable housing in Dubai South over the coming 5 to 10 years. Developers are starting to build but the scale of the demand shock from the airport expansion is likely to outpace supply. Properties that are built now will be perfectly positioned to absorb this demand leading to high occupancy rates and increasing rental prices.
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