| UAE real estate prices showed monthly gains in April and May, suggesting that the property market is bottoming out, HSBC said on Sunday.
Agreed prices in Dubai and Abu Dhabi showed a 4 percent gain in April compared to the previous month, followed by a 5 percent rise in May, according to the bank’s latest transaction survey.
With the return of financial investors the market has increased significantly many see the bottom of the pricing crash so many ivestors taking advantage of much reduced prices from a year ago. and many Dubai based Real Esate Agencies have noticed promising trading.
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