Property sales in the UAE are expected to rise this year and there will be increases in rents and prices in the residential market in some locations in Dubai, according to Jones Lang LaSalle.
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Sections of Dubai's battered property market could show some signs of recovery in 2012 but the release of new supply coupled with wider global economic woes will seen an overall decline in prices, an Arabian Business poll found.
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Changes in visa rules was the most significant
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It started in early 2010, with Standard Chartered offering a 6.5 per cent rate to customers seeking to roll over mortgages.
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