Real Estate


UAE Ppty Seen Falling Further 15-20% Until Yr End - Deutsche

DUBAI (Zawya Dow Jones)--Property prices in the United Arab Emirates will bottom out at the end of the year after falling a further 15-20%, Deutsche Bank said in report released Thursday.

UAE real estate sector to recover by year end: Arqaam Capital

Arqaam Capital, investment bank in Middle East, stated that the recovery in UAE real estate stocks signals a recovery in Dubai property prices later this year. The bank predicted that Dubai real estate would bottom out in the second quarter of 2009.


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