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Lukman Hajje

Lukman Hajje latest

UAE property prices are considerably cheaper than in other leading cities in the world and have dropped significantly since mid-2014. (Shutterstock)
July 18th, 2016 - 08:00 GMT

Only 30 percent of UAE residents own homes, citing affordability concerns

High mortgage deposit requirements, doubling transfer fees and stringent lending policies remain major barriers to home ownership in the UAE.
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