Tuesday 19, March 2013 by Robin Amlôt
Knight Frank sees clear signs of rising real estate values in UAE
The latest Knight Frank Global Development Review 2013 notes that bank lending has proved difficult to come by across the MENA region. In Dubai the market continues to be impacted by historic oversupply, while a lack of confidence following delays in delivery and cancellations has made lenders – as well as buyers – wary. However, there are clear signs of the beginnings of a recovery in sales activity with Dubai seen as a safe location for MENA buyers in the wake of the Arab Spring.
