10000 villas shortage

Dubai faces shortage of 10,000 villas as demand outpaces supply

Dubai is grappling with a shortage of around 10,000 villas, as the emirate’s booming real estate market struggles to keep pace with surging demand from buyers, industry experts told Al Arabiya English.The scarcity of villas, a popular housing option in the UAE emirate, is driving up prices and pushing developers to launch new projects in emerging areas of the city, say experts. The trend reflects...

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