how will the latest economic worries can affect the reality prices in uae?
Thursday, December 24th, 2009 at
4:43 am
is there a problem in buying now
or can we expect a property market crash in coming months
Sell and Rent Back
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Tagged with: Economic Worries • Market Crash • Uae
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it depends…. noone knows where it’s going… there is still demand the only problem is that bank are only financing up to 40% while before they used to finance up to 95%
so the decrease in demand is due to that…
in dubai or people out of dubai wanting to invest there are quite liquid so it really depends on what the gov will do…
the problem in dubai is that they have a lot of ongoing projects all at one time… noone knows where this is going.