10.06.2009 - Dubai's realty market signs encouraging, but further declines expected
From Khaleejtimes.com: Commercial real estate in Dubai needs to come down further in price if the emirate is to compete effectively with other global financial hubs such as New York City, Standard Chartered bank said on Tuesday. Standard Chartered analyst Philippe Dauba-Pantanacce argued in a report that the emirate’s commercial property market remains overvalued........Full Article: Source
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