Thu, Oct 23, 2014
A A A
Welcome hendrik.absolut
RSS

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

Dubai at risk of two-tier real estate market

Posted on 14 October 2011

Prices in Dubai’s Discovery Gardens plunged 10 percent in the third quarter as developer Nakheel released new units to the market at rents that undercut owners, said Asteco.
Landlords in the development cut their losses after failing to attract tenants at rates to cover their mortgage payments, the real estate consultancy said in a report……………………………………….Full Article: Source


 Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031