Location: Intersection of Mehwar Road and the Desert Road
Initially, in post devaluation property prices soared. I mean seriously we are talking huge numbers in some reports I have 300% and more. So obviously sales soared as people scrabbled to make the big buck and then because prices got so high and developers began saying affordability, affordability their prices did not increase with inflation. It's funny because in that way they lost a significant portion of their clients. But the good news is that with the lowering of interest rates investors will begin looking again at properties.