03.06.2011 - Islamic trusts could revive Gulf property market
Jordanian Ashraf Hamdan began investing in Dubai's real estate market in 2006, with a few modest rental investment forays before turning his sights on flashier projects as a wave of luxury developments hit the market. The real estate bust in 2008 left investors like Hamdan with half-finished projects sitting in the desert sun and losses that were unlikely to be recouped..............................................Full Article: Source
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