29.04.2009 - UAE real estate 'up to 50% dearer than Europe'
From Arabianbusiness.com: Real estate in the UAE is up to 50 percent more expensive than in Europe if comparisons are based on median income estimates rather than GDP per capita, Al Mal Capital’s head of equity research has said. Based on calculations using the gross domestic product (GDP) per capita as a key indicator of wealth, house prices in the UAE are roughly on par with those in Europe......Full Article: Source
Print