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UAE property sees “less negative” media coverage in Q3

The negative media coverage of the UAE’s real estate…

November 22, 2009 4:56 by

The negative media coverage of the UAE’s real estate sector has reduced in the third quarter of the year as compared to the same period last year, according to a report released by media monitoring firm Mediastow.

“The overall volume of coverage has dropped compared to the golden era of the early 2008, but strong signs of recovery are evident,” Mohamed Elzubeir, the head of Mediastow said in the release. “Negative coverage is now confined to the tumbling stocks, and positive coverage is increasing with projects getting back on track,” he said.

The report analyzed the media coverage of developers Emaar, Sorouh, Dubai Properties, Nakheel, Sama Dubai, Damac, Aldar Properties and Al Qudra Real Estate.

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