UAE central bank warns on property prices

[totallyproperty]

Today has seen a strong warning from the United Arab Emirates central bank suggesting that property prices in Dubai and Abu Dhabi are now running out of control. This is not the first time that concerns have been expressed about the state of the UAE property market but perhaps with these comments coming from the UAE central bank they will carry more weight?

Do you believe that property prices in the UAE, with Dubai and Abu Dhabi in particular in focus, are running out of control?

 

[dubaiguyver]

I don´t know, but it´s possible, dubai properties prices will crashes in the next 10 years.