Why is Dubai real estate priced so much cheaper than other premier real estate markets in the United Kingdom and abroad?
When compared to other places and countries, Dubai’s real estate is a lot cheaper. Though real estate is growing at an amazing pace, the costs and charges levied are comparatively lower than that in the UK, US, and Japan etc. Of course comparisons are made, and it is seemingly unbelievable as to how great locations and properties are priced so low. This could be because of cheaper labor, lower building costs, lower additional charges and no levies, etc.
