Saturday, July 15, 2006

Standard Chartered: UAE economy supporting Dubai house prices | Dubai Property

Standard Chartered: UAE economy supporting Dubai house prices | Dubai Property: "UAE economy supporting Dubai house prices
In a briefing on the bank's latest economic forecast for the UAE its economists spelt out just how supportive the local economy was for the real estate sector. This is an argument worth examining in some detail as it sheds considerable light on the outlook for Dubai property at a time of year when inevitably sales are slack."

2 comments:

aisha said...

Prices of Dubai apartments have soared 125 per cent over the past year around the Burj, catalysed by new laws that came into force only at the start of this year allowing, for the first time, foreign ownership of residential Dubai property. House-price inflation in other parts of the city has risen by between 20 per cent and 100 per cent over the past year, mirroring similar rates of annual inflation every year since the turn of the millennium.

vinesh said...

Thanks for u r information

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