DUBAI - The Dubai real estate market will continue to suffer over the next few years amid an "inherent oversupply situation", said an analyst at S&P Global Ratings.

"We expect more downside especially in residential prices and rents," Sapna Jagtiani, director for corporate ratings, told a virtual conference.

(Reporting by Davide Barbuscia; editing by Jason Neely) ((Davide.Barbuscia@thomsonreuters.com; +971522604297; Reuters Messaging: davide.barbuscia.reuters.com@reuters.net))