A recent report has been relapsed following a study conducted by the Middle East Economic Digest (MEED) following on from numerous reports on the Dubai property market and the current property boom which has been progressing at a relentless pace. The report suggests that the supply and demand inequality in Dubai is such that even with the high volumes of properties due to come onto the market in the next 2 years, that the supply will still not meet the demand, and that the boom is set to continue until at least 2010.

MEED Estimates that there will be 175,000 new residences constructed by 2010, however with estimations that 181,000 units will be required to satisfy the demand.

Further information on this report can be found on the following links:

Arabian Business.com

Middle East Times