Statistics recently published by a new study by the Dubai Chamber of Commerce and Industry revealed that Dubai's real estate and finance markets are more closely linked than previously thought.
Based on the findings of the DCCI study, the share prices of financial institutions, construction firms and developers rise and fall together in the emirate Dubai, showing more correlation than analysts believed to exist in the markets. "The relationship between them is very closely related," he said. "If one crashes, the other one would crash, too," said DCCI economist Eisa Abdelgalil according to Gulf News.
