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

Iran military conflict would harm U.A.E. real estate market, JLL says

Posted on 23 January 2012

A military conflict between Iran and Western powers would be detrimental to property prices in the United Arab Emirates as the country would lose its safe haven status, according to Jones Lang LaSalle Inc.
A confrontation will affect “confidence in the U.A.E. and the impact on real-estate prices would be certainly negative,” said Fadi Moussalli, regional director for Middle East and North Africa at Jones Lang LaSalle………………………………………..Full Article: Source


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