New property valuation guidelines for Dubai within months confirmed

[Nicholas Wallwork]

New guidelines for property valuations in Dubai are planned for the middle of 2010 aimed at making*the emirate's real estate industry more professional, it has been announced.

Dubai's real estate watchdog is looking to bring in new legislation to regulate how house*valuations are conducted, following the slump in prices which saw well over $100 billion wiped off*its property market assets.

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