About Malik Ishmuratov

The property market in Dubai seems to be up to 2012 to 2013. The main reason daunting recovery, according to it, of producing properties. On the other hand, the banks can not increase demand by lowering interest rates to a minimum due to substantial refinancing risks of them. As a result, a sufficient amount of the mortgage is not available and interest rates rise on them, keep the sector under constant pressure. Fitch predicted that Dubai rental market will face a decline of 20% to 40% over the next few quarters 2011th This reduction is likely to continue over the next 12 to 18 months. This is due to the reason why many developers continue to lower rents to rent out their property at the price they get for it. For more information about Dubai propery, please visit the link to Malik Ishmuratov