Better Homes News

Commercial REview Issue 7, Q1 2008

Commercial Review Issue 7, Quarter 1 2008

Although the weakening US dollar has cast a shadow over the global economy, the real estate market in Q1 2008 has remained robust with the UAE continuing to generate significant interest from both local and foreign investors. In the office sector, the Burj Dubai set another milestone for office prices while the Dubai shopping festival gave a boost to the retail sector. Tourism in Dubai is expected to gain momentum with the recent announcements of various leisure and entertainment projects. Abu Dhabi is currently experiencing tremendous growth, with a large number of commercial and residential projects due for completion within the next two years.

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Date posted: March 31st, 2008

Posted by: betterhomes

Category: Commercial, Quarterly Reviews

Tags: ,


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