Dubai is back! But global headwinds a serious concern

Hasnain Malik

Strategy & Head of Equity Research @ Tellimer Research

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24 July 2022

• Efficient Covid response, residency visa reform, high oil prices have driven a sharp Dubai property recovery post-2020

• But global headwinds, which have derailed Dubai property before (2008-09 GFC, 2014-15 oil price crash), again picking up

• Equity market bellwether Emaar and broader Dubai equity index do not appear compellingly valued versus history

Hasnain Malik

Strategy & Head of Equity Research @ Tellimer Research

Follow

24 July 2022

24 July 2022

Published byTellimer Research

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