The market of Dubai Real Estate could not occur up to 2011 late because of the moderate feeling of investor, according to a new report/ratio by EFG Hermes.The analysts at the bank of businesses Egypt-based, in a report/ratio published Wednesday, said that it had expected that the recent clarifications of the government of UAE on the owner of housing improve the feeling of investor.
The new federal law earlier spent this month indicated than the foreigners buying a house with UAE evaluated with more than 1 million dirhams would be entitled to six months a renewable visa of residence.
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