Monday, April 27, 2009
UBS: Dubai property & rent prices
Masud of UBS gave good estimates. For sure residential property prices and rents are going down till 12 at earliest. Not bad as all will come down to realistic levels which will help Dubai & UAE. As Mcdonnell wrote authorities must do something about bank interest rates on loans, mortgages. What happened to central Bank 120 billion aeds pumped to the banks??? There must be stricter laws on banks rates.
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1 comment:
I think,many people have expected this news on dubai property.Decrease in rent in due to reduction in employment opportunities in dubai
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