30.11.2009 - Dubai: Property prices may fall 30 pct
From Gulf-daily-news.com: Dubai's property market is likely to face further price falls and increased concerns over the availability of finance after the emirate said it would delay debt payment issued by two of its flagship firms, analysts said. Dubai rocked the financial world when it said it would ask creditors of Dubai World and Nakheel to agree to a standstill on billions of dollars of debt as a first step to restructuring.................................Full Article: Source
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