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FINANCIAL NEWS
Dubai’s real estate market needs more regulations
07 Dec 2013
(MENAFN) Cluttons said that the real estate market in Dubai needs more work to tighten regulations, Arabian Business reported.
The of Cluttons Middle east said the property mortgage cap implemented by the UAE Central Bank limiting the amount that can borrowed against a new home is a positive step, but more is needed.
He said: “The new mortgage cap regulations will go some way to deliver a more stable property market in the UAE and stabilise the recent surge in activity.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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