Middle East Economic Survey

VOL. LII

No 6

9-Feb-2009

UAE

UAE Property Prices Fall Sharply, Number Of Delayed Projects Increasing

UAE property prices have fallen off a cliff, according to Morgan Stanley Research Europe. In theUAE Property report of 30 January, Morgan Stanley says that UAE property prices have come down across the board since their peak in September 2008, albeit at a much faster rate than anticipated because of the global financial crisis. According to our proprietary property price...