Dubai: Real estate market to hit $50 billion in five years
Representatives of the United Arab Emirates government and the business sector are going to provide the most updated data about the current and future real estate projects during the conference entiteleld "Major Project Developments in Dubai" to be orginised by MEED in Dubai's Shangri-La Hotel on March 15-16, 2005.
According to the Kuwaiti newspaper Al-Qabas, economists estimate that the value of the real estate market of Dubai alone will hit $50 billion in 2010, up from its $30 billion current level. The participants in the conference will receive, inter alia, the most recent reports regarding the development projects in Dubai international airport and the new airport in Jabel Ali.
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