6,500 housing units likely to be finalised in Dubai in Q1-2020

Around 6,500 housing units are expected to be completed in Dubai between the last quarter of the year and first three months of 2020 (it means within the first quarter of 2020), a new report said on Monday.

According to Data Finder, the real estate insights and data platform under the Property Finder Group, a total of 13,216 units are scheduled to be completed in Dubai towards the end of 2019 or the first quarter of 2020.

However, since the actual completion rate has generally been 40 percent to 50 percent of expected completion, developers will most likely deliver around 6,500 units.

Source: Zawya