Apartments on the Palm Jumeirah in Dubai, whose property market recovery has prompted efforts to halt speculation. Photo: Bloomberg

Dubai raises property-sale fees, hoping to avoid another crash

Concerned about a repeat of the 2008 housing crash, and with prices rising at fastest pace in world, Dubai raises property transfer fee to 4pc

TOP PICKS

Apartments on the Palm Jumeirah in Dubai, whose property market recovery has prompted efforts to halt speculation. Photo: Bloomberg
READ FULL ARTICLE