| 16.06.2009 - Dubai house prices to fall another 20 pct in 2009 |
| From Guardian: Dubai house prices will fall another 20 percent this year, as the former boomtown continues to suffer a sharp economic downturn, a Reuters poll showed. Residential real estate prices in Dubai -- home to man-made islands in the shape of palm trees and the world's tallest building -- have a less than 20 percent chance of picking up before 2011, according to the median forecast of ten analysts at banks, investment firms and research institutions.......Full Article: Source |