Dubai real estate prices are “very close” to a correction, but investors should view a slowdown in the market as a buying opportunity, the regional head of research at Standard Chartered has said.
“I think we’re very close to this being over, I don’t think it’s a healthy situation,” Marios Maratheftis told Arabian Business in an interview.
“The fundamentals are positive but doubling your money in one or two months is not just driven by fundamentals, it’s driven by market psychology and excessive speculation, which is not healthy.”

Dubai real estate correction 'very close' - Real Estate - ArabianBusiness.com