Tuesday 15, April 2008 by

UAE mortgage market will leap to nearly $20 billion by 2011

The UAE’s mortgage market will leap from $5.5 billion by the end of this year to nearly $20 billion over the next three years, and more than 60 per cent of house financing will be Shari’ah compliant, the International Ras Al Khaimah Family Office and Investment summit was told.

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