Real Estate and Property News

The UAE’s property market saw some of the largest drops in relation to global real estate prices and while the area remains of interest internationally the market has yet to indicate it has turned the corner to a full upward trend. There are plenty of bargains to be had if seeking a quality product at very low rates. Occupancy is reasonable and all indications are that long term the UAE will recover but not at the speed of pre recession levels but it will recover as this remains a major trading and commercial hub in the Middle East.