Dubai remains the hottest property market in the world with prices rising at the fastest pace this year amongst the 41 global cities compared by UK-based Global Property Guide. The organisation, which collates real estate data from across the world, revealed price jumped 6.48 per cent in third quarter compared to second quarter, while year-on-year increase was 21.37 per cent.
“The world housing markets recorded their strongest performance since the boom years of 2006/7. House prices are rising in many more countries than not, and the momentum trend is strongly upwards,” the organization said.
