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