Dubai Property Market Could Bounce Back Quickly

Dubai may be poised to bounce back quickly after steep price falls caused mostly by failings within the financial system, but it's unclear how much the largest development firms will suffer before the market is restored, according to experts.

It is a failure of the financial system that has prompted steep price falls in some parts of Dubai, it is claimed.

Once the financial system is restored the uncertainty about property prices will disappear and the sector will be able to resume