Even those experts who did not believe in the Moody’s predication to kick start recovery in 2016, and had a strong faith that the recovery would initiate in 2012 are also confused since UAE real estate is showing mixed performance. According to a new report, prices of the properties in the UAE have still not [...]

The major reason behind the collapse of Dubai real estate was the lower corporate earnings. The corporations in Dubai witnessed very low profitability in 2008 due to global recession, and as a result, they had no other option then to fire employees and cut short their cost of productions. This unemployment mainly originated from downsizing [...]

You might have read the reports about Dubai real estate highlighting kick-start to recovery in 2012, but I would say, this is merely a predication based on “the feel good factor” of the property stakeholders. I believe property prices in Dubai have not shown any remarkable recovery in 2011, which reports show. These are just [...]