Property prices in Ajman have fallen by 20 per cent this year compared to 2010, with the market likely to stabilise next year, according to a senior government official.
“We have seen a price correction of 20 per cent from last year. We expect the market to stabilise next year with prices likely to fall by another five per cent,” Ajman Real Estate Regulatory Agency (Arra) Executive-Director Yafea Eid Al Faraj told 'Emirates24|7'.
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