Sunday, March 2, 2008

House prices in UAE to climb...


Supported by both rapid economic growth, the Gulf region incorporates some of the most unique and ambitious projects in the world.
With pending construction supply being delayed, but demand for property buoyant, developers are easily able to pass on higher costs to potential buyers
As UAE mortgage rates have declined from 7.9 % to 5.8 % and the demand for properties have increased, the market prices will rise higher in 2008.

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