Property prices and rental rates in Dubai are expected to fall further in 2016, according to estate agency Cluttons. The firm's latest report says the average price of a new home has fallen by about five per cent from last year’s, while rents are down by a tenth. But the office market looks steady, with rents and demand unchanged across most areas. The head of Cluttons Dubai, Murray Strang, discussed factors affecting the market with ARN.
Listen

Parkin and Bahrain's Amakin team up on smarter parking solutions
Trump threatens 50% tariffs on all cars and trucks from Canada
Over 7,000 new Indian companies join Dubai Chamber of Commerce
Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO
