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Real Estate Briefing - Categorized | Middle East and Africa, Performance more

Dubai’s property market – not everyone’s a loser

Posted on 13 September 2011

With property prices in some parts of Dubai said to have dropped by up to 64 per cent last year, it comes as no surprise to read that Knight Frank’s Global House Price Index ranked Dubai as the ninth worst performing property market in the world last year.
It’s the kind of news story that causes people in the UK to rub their hands together and ask friends in Dubai, a bit too gleefully, if their house is now worth less than the paper the sales agreement’s written on – a question that draws a weary sigh from most of us because those type of headline figures only tell a part of the story……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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