Dubai property Stock rose on the announcement that one of Dubai's largest property developer have been given the go ahead for Indian Joint venture was authorised to be offered to the Public.

Property developer shares rose 5% on this announcement, many property investors are sitting on the fence awaiting for announcements regarding the liquidity of Dubai Major developers and a pending announcement of Dubai Worlds restructuring of debt if positive will kick-start the real estate Industry in the Emirate.

Dubai Property industry saw prices for villas and apartments fall by 50% in the last 18 months know it is considered a great time for Property investors to re-enter the market, it is widely thought that positive announcements will drive this. April is traditionally a strong time for property purchases mainly due to European investors taking first annual holidays which entailed property buying on the agenda