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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Thursday, March 19, 2009

Best Time to Buy UAE Real Estate

Real deal: Best time to buy property
XPRESS - Dubai, Dubai,United Arab Emirates
With property prices dropping, buyers are slowly returning. According to Samir Lakhani, a Pakistani real estate executive, end-user purchases are trickling in as property prices in Dubai have dropped between 35 and 50 per cent in recent times.
"For end-users, this is the best time to invest in property … prices are close to the bottom, if they haven't hit the bottom yet," said Lakhani who bought a villa at Emirates Hills last February. ...

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