It's ironic that a city that prides itself on towering skyscrapers and a billion-dollar skyline has seen quite a few years with a lukewarm real estate market. But so it is with Dubai, where muted demand has resulted in falling sales and a steady price-correction. But CNBC-TV18's Jude Sannith reports that things are now beginning to improve and a slight spike in property transactions has real estate observers sitting up.