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Dubai real estate market promises to flourish in 2013

Posted on 02 January 2013

Property investors eyeing golden investment opportunities in Mena for 2013 should bank on residential assets, specifically buildings and compounds. According to a recent report by Jones Lang LaSalle, the residential sector is most in demand in Mena, mainly by private investors that dominate the Middle East market. Investment activity and prices in the residential segment have been up in the past 12 to 18 months.
The total residential transactions for 2012 totaled to Dh10.3 billion, up 49 per cent from Dh6.9 billion for the corresponding time a year ago, read a recent CBRE report………………………………………..Full Article: Source


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