29.10.2010 - Dubai property prices yet to hit bottom: Prince Alwaleed
From AFP: Saudi billionaire Prince Alwaleed bin Talal has forecast that Dubai's depressed property prices will take several more years to hit bottom and start a recovery because the market is still oversupplied. "There are new buildings coming out. I think we have not seen the bottom in real estate (in Dubai), there are years to come," Alwaleed said in excerpts of an interview with Arabian Business online magazine posted on Thursday..............................................Full Article: Source
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