UAE Real Estate Market on an Upward Trajectory — by Michael Lahyani

This year we’re ‘celebrating’ the 10th anniversary of one of the scariest economic crises of the modern era: the 2008 ‘bubble burst’ that started the “Great Recession”. I would like to believe that every one of us who had a lesson to learn has learned it

Today, what may appear to some as a bottoming out of the market is in fact an essential, natural adjustment. The savvy will have noticed that the level of transactions in comparison to the same period as last year have declined, and over the next few pages you will see how rental prices have been declining alongside, and in some areas are at, 2013 levels. For more, read Property Finder’s Chief Commercial Officer, Lukman Hajje’s overview on the state of the market.