Monday 12 August 2013

Cash transactions worry Dubai property regulators | GulfNews.com

Cash transactions worry Dubai property regulators | GulfNews.com:

"Dubai’s property market will continue to experience growth for the remainder of the year as expatriates look at the emirate as a safe haven for investment, experts say.
“There are a number of reasons people look to Dubai — the emirate has good capital growth compared to other markets,” Matthew Green, head of research at property consultancy CB Richard Ellis in Dubai, said.
But Green said that an increase in property transactions in 2013 leading to market growth had also contributed to increasing sales and rental prices."

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