The property market in the GCC and the UAE in 2004 was worth $90 billion (Dh330 billion) and $30 billion (Dh110 billion) respectively, said recently Adel Al Shirawi, CEO of Tamweel, the mortgage financing company. Shirawi was speaking on current state and future prospects of the UAE property market at an event organised by ABN Amro Bank for its Van Gogh Preferred Banking clients in Dubai.