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Dubai Real Estate vs. Oil Prices - Reidin

Dubai Oil prices (being a liquid barometer) have had a high correlation on real estate prices in the short term; a longer term time series analysis reveals however that the underlying relationship is a weaker one, and will be felt indirectly through other pass through effects. We opine that oil price volatility has a weak impact on underlying real estate price fundamentals in the medium term.

Dubai Real Estate Oil Prices