Confusion around Dubai's commercial property market

Thursday, 29 October 2015 14:28

There is confusion around Dubai’s commercial property market. That’s according to the latest report by the Royal Institution of Chartered Surveyors (RICS), which says despite the fall in oil prices, the UAE economy is not struggling as much as many other countries in the GCC. However, 36% of property professionals in the emirates believe the commercial property market is just beginning to decline. Other countries seeing the same situation include Singapore at 58%, Jakarata at 55% and Perth at 33%.

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UAE offers condolences following Saudi helicopter crash
The UAE has expressed its solidarity with Saudi Arabia and the victims of the crash of a helicopter on Sunday belonging to Saudi Aramco in the Ras Tanura region, which resulted in the death of all its passengers.
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Confusion around Dubai's commercial property market

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