PPRuNe Forums - View Single Post - Dubai's Palm Jumeirah sees prices fall over 40 pc as crunch moves in
Old 11th Jan 2009, 17:57
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BYMONEK
 
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Croc

keep your scales on! The 55,000dhs is per YEAR , not per month. It was for apartments in International ****y.

A reliable source has it on good authority that the banks here will be lending 90% again on certain villas from March onwards. Apartments 60%. Now that the prices have tumbled, I guess that makes sense.
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