Dubai property not a bubble
The Dubai real estate market has not yet reached a state of oversupply versus waning demand, and is unlikely to in the short to medium term, according to Hassan Jarrar, Senior VP, Abu Dhabi Commercial Bank.Jarrar says it is impossible to weed out speculation, but Dubai is likely to be a place of long-term investment.
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Lisa Creffield, CorrespondentWednesday, December 21 - 2005 at 08:24 UAE local time (GMT+4)
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