Overseas property news - Dubai property prices to climb at least 10pc

Dubai property prices to climb at least 10pc

Dubai property prices will climb at least 10 per cent in 2014, according to HSBC.

Dubai's property prices have risen dramatically since its rebound from financial crash. Indeed, values soared over 30 per cent in 2013, according to HSBC Global Research. Those rises are forecast to continue through this year with a project climb of 10 to 15 per cent with “relatively stable” net yields of 4.5 to 5 per cent.

Source: Emirates 247

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