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Real Estate Briefing - Categorized | Finance, Investment, Market Moves more

Dubai real estate market witnesses a significant drop in cash buyers

Posted on 02 May 2011

The number of cash buyers in Dubai has reduced significantly as the market now driven by end users and home finance being readily available, according to experts.
“The market is now being dominated by end users rather than speculators. This is coupled with the fact that finance is now more readily available from banks at attractive rates. So I assume that the number of cash purchasers in the market has reduced,” Gregory Antioch, Head of Residential Sales, Cluttons Dubai, said……………………………………….Full Article: Source


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