Kuwait: 20 hours, 39 minutes ago
According to a report by Kuwait Finance House, the country's real estate market, especially the investment property sector, is gradually recovering with high demand by investors looking to achieve regular revenues, Kuna has reported. Total real estate investments grew to KD150.7m in the third quarter of this year, the report said. The report also lauded a recent decision by the Kuwaiti cabinet to ban building in four new housing cities where infrastructure is still incomplete, saying it has added 'a fresh dimension to the housing movement in the country.'
United Arab Emirates: Thursday, October 29 - 2009 at 16:39
A number of market reports released at the beginning of Q4 2009 have broadly concurred on the state of Dubai's property market. The consensus appears to be that while villa sale and leasing prices will broadly stabilise from September onwards, apartments are likely to come under further pressure as new units come online over the next two years.
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