According to Alalam.ir Website : Analysts had predicted that the wheel of the real estate crisis in Dubai will never return to the pre-two thousand and eight, and that infection increased losses and the possibility of facing financial hurdles to face debt maturities of many real estate companies operating in Dubai are still plaguingIt clearly shows the decline in prices of residential and commercial units in the Emirate of Dubai, because of the large difference between the required real estate and supply, with the anticipation for a great imbalance in this equationVmtardh DEFAULTERS banks of the Dubai real estate will decline, as many companies follow the same methods of funding and work in the same sector in the same market, and therefore they will suffer what suffered Nakheel and Dubai World and Dubai HoldingThis means the entry of new apartments, where the supply becomes greater than the required 50 per cent in two years, and this will drive prices continue to decline in the residential and commercial unitsA group of Dubai Holding Commercial Operations, a subsidiary of the parent company owned by the Dubai government, which owns Dubai Properties Group and "TECOM Investments," and the Jumeirah Group has revealed a loss of 62 billion dollars in 2009, saying it was negotiating with creditors to defer payment of the debts owed ...
Original Text At Alalam.ir
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