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- Despite various significant initiatives and broad-based recovery in oil prices, property prices in Dubai are under pressure mainly due to rising volumes of supply. Also, with transactions running at approximately 25 per cent lower rates on a year-on-year basis, launches by developers have also slowed down.
What Impact Will Rate Hike In UAE Have?As the Central Bank of UAE hiked the rates by 25 basis points for the second time in 2018, personal, auto and mortgage loans are set to get costlier.
Why You Should Invest In Dubai’s Property Market Right NowThere have been other attempts by the government to bring in more stability to the investment market.
Middle East Back On Growth TrackAmid all the challenges, Middle-Eastern countries are back on growth, according to a report by The Institute of Chartered Accountants in England and Wales (ICAEW) and Oxford Economics.
Virtual Reality Is Changing Face Of UAE RealtyVirtual Reality and Augmented Reality are not mere entertainment technologies. They have started to take a distinct form when it comes to the public sector in the United Arab Emirates.