Price bubble. Is Dubai at risk?

Dubai is a city with high residential property demand. In Q3 2022, the number of sales transactions increased by 60% and their value – by 64% compared to Q3 2021. We discussed whether there is a risk of overheating in the Dubai real estate market with AX CAPITAL expert Aram Grigorian.

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Timeline

01:00What is a property “bubble”?

01:50From passion to panic: 5 stages of a financial bubble

04:30The most beautiful financial bubble in history

05:30What is the risk of a property bubble in Dubai?

06:45Key reasons for the increase in property prices