Banks in the UAE have grown alongside the property boom. Since the banks had been a bit too ambitious in lending in the past, we are expecting large-scale consolidations and mergers to happen amidst projections that the banking sector will face hardship for another 12 months at least.
Real estate values have achieved some of their highest levels in years, for both housing and commercial properties. Yet, news reports advertise dangerously high vacancies in office space markets nationwide. How can these two contradictory events coexist? They have occurred as a result of disparate events, both of which stem from the same origin.
Many businessmen have been involved in real estate industry day by day. Real Estate industry is a big industry to invest money to get a huge returns but we require keep patience for a long time we can't get huge amount of profit in less time.