[reeta]

Hi,
One of the biggest concerns in recent times for the outlook for the UAE economy has been the risk that a property bubble is developing and could later implode leading to a sharp deterioration in the outlook for the local economy. We feel this argument is oversimplified for several reasons, which we outline below. We also unveil our new Dubai residential real estate index, which tracks price changes for the market as a whole and has villa and apartment sub-indices.
Regards
Kameron