[georgihh]

The supply is starting to speed up; most of the International city flats will be handed over during the year,
The delivery of Discovery gardens will start very soon
Only those 2 projects will delivery 30000 flats another 30000 to be delivered from various projects.
60000 thousands flats in one year.
That’s 200000 middle class people.
That’s 4 times more people (from the above category) immigrating to Dubai every year.
Or that’s 25% of the Dubai population (not counting the people with less income).

How long the investors can keep the flats empty – I say 6 months

And if they start selling at any cost the future development will hang over the economy will slow down and will take at least 3 years for the market to recover.
So good luck everybody and expect some great deals during the year