| 29.07.2009 - Moody's sees Dubai real estate in decline until Q2 next year |
| From Arabianbusiness.com: The decline in Dubai’s residential property market is likely to continue until the second quarter of next year, Moody’s has said. “Moody's notes that the Dubai residential property market generally remains oversupplied, and the downward trend in the market is unlikely to stabilise before Q2 2010,” the credit rating agency said in a special comment on Dubai-based developer Emaar.........Full Article: Source |