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UAE commercial property deals slow

United Arab Emirates: Wednesday, October 31 - 2007 at 07:51

UAE commercial property deals declined by 12% in September, despite a marginal price increase due to the lack of commercial space, reported Emirates Today citing a report by Al Mazaya Real Estate. The report said the total value of deals was down by 11%, although average prices rose by 1.2%. Meanwhile, the total deal volumes in all GCC states increased by 42.2% in September.

Jeff  Florian Jeff Florian, Senior Reporter
Wednesday, October 31 - 2007 at 07:51 UAE local time (GMT+4)

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