31.03.2011 - UAE: Real estate rising in Ras Al Khaimah
Real estate in Ras Al Khaimah appears set to rebound from the regional downturn in the property market, with experts predicting an increase in sales and building activity, but prices seem unlikely to reach pre-economic crisis levels, Global Arab Network reports according to OBG. Starting in 2009 and continuing into 2010, demand for properties in RAK tapered off, an easing in line with the general trend across the UAE and the wider region. This in turn saw work on a number of developments either put on hold or slowed as demand dropped and some buyers who bought off-plan struggled to make payments.............................................Full Article: Source
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