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Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
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Do you trust your insurance provider?
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Dubai’s property prices may fall by another 30 percent

House prices in Dubai could drop by…


November 18, 2009 4:16 by

House prices in Dubai could drop by another 30 percent and could take at least 10 years to recover, according to a report issued by financial services firm UBS. The report blamed the slow recovery on oversupply in the market and Dubai’s shrinking population.

The city’s residential property market may be 25 percent oversupplied by the end of next year, UBS analyst Saud Masud said in a statement. Meanwhile the city’s population may fall 8 percent this year and another 2 percent in 2010, he added.


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