Wednesday 9 May 2012

Talk of 'the bottom' buoys property sector - The National

Dubai residential property prices have been the talk of the town for some weeks after a number of research experts began using the coveted words "the bottom".

Jones Lang LaSalle, one of the most highly reputed property specialists worldwide, believes that residential prices are bottoming out in a number of locations in Dubai, with prices already rising in some prime residential spots in a recovery from the crash of 2008.

But does this confident talk mean retail investors should once again dip their toes in the property waters? Maybe, say analysts, as long as investors are picky about their choices.

No comments:

Post a Comment