The Dubai real estate market is expected to bottom out by the end of 2017 with a downtrend across all sectors of the market, Invest-Gate reports.

Factors such as increasing supply, changing demand in employment market, and hikes in rent moderation will impact the residential market in 2017, according to a report released by prominent property market research company Cluttons.

Office rents recorded stability in 2016 and achieved growth within 12 to 18 months. However, the resilience of rents are negatively impacted by the delay of short-term expansion projects especially that of international companies.