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.

Sunday, April 26, 2009

RAK Properties Disclosure

RAK Properties 
Posted at ArabianBusiness.com by Mohamed Djirdeh, Dubai, UAE on Sunday 26 April 2009 at 07:13 UAE time


This straight, full disclosure is what has and is missing in the U.A.E property market. Congratulations. I hope the authorities will make developers to be fully transparent. Lack of transparency is hurting the U.A.E property market. Most customers including me are not getting any information! 

Good RAK Properties