Dubai’s house prices dropped 35% over a year earlier, and 42% over a quarter earlier.
Have a look at this page, it gives a good overview of what the international market is at the moment and wether it's the right time or not to apply for a mortgage.
http://www.globalpropertyguide.com/press-relations/House-price-falls-during-year-to-end-Q1-2009-the-worst-ever
Tuesday, June 9, 2009
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