US bank Citigroup is gauging the strength of Dubai's real estate sector by working out how many expat children are enrolled in schools there. A novel method of gauging the property market in Dubai has been launched that involves counting the number of expat schoolchildren around the city.
US banking giant Citigroup has issued a report which uses school enrolment patterns to estimate growth levels among the expat population. This, in turn, links to economic wellbeing in Dubai, which is a good indicator of the health of the property sector...............................................Full Article: Source
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