UAE’s real estate market on cusp of robust recovery in 2019: Al Ruwad CEO | ZAWYA MENA Edition:
The UAE’s real estate market has managed to remain stable during 2018 after overcoming the price correction wave and slowdown that began two years ago, the CEO of Al Ruwad Real Estate said.
Catalysts and laws are two key factors that will help the UAE property market witness a robust recovery in 2019, Ismail Al Hammadi told Mubasher in an exclusive interview.
He noted that the market saw the most severe price correction movement resulting from lower oil prices, the foreign-currency exchange rate against the greenback, coupled with the regional political crisis.
No comments:
Post a Comment