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FINANCIAL NEWS
UAE property back as preferred for investors: Survey
23 Jun 2012
(MENAFN) A recent survey issued by Friends Provident International (FPI) found that UAE’s real estate is becoming again a preferred asset class among investors, Arabian Business reported.
The survey showed that the preference for investing in property is currently at its highest ever level, with a score of 17 from -2 in the initial wave of research in the second quarter of 2010.
Research leader Oxford Business Group (OBG) said on earlier this month that Dubai’s property slump was over, with the residential sector having posted solid growth over the past few months.
Property prices in Dubai saw prices jump after the city opened its real estate sector to foreign investors in 2002, granting them freehold ownership rights at many developments.
On the wake of the global economic and financial crisis in 2008, however, badly hurt Gulf emirate’s property market, dragging hose prices to about 60 percent drop.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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