Dubai housing stock to bounce back as developers revive projects

... An initial attempt by the United Arab Emirates central bank to curb speculative buying by introducing limits on mortgage lending for residential properties was softened in March following a plea from commercial banks. ($1 = 3.6727 UAE dirhams) ...

http://www.reuters.com/article/2013/04/14/emirates-dubai-property-idUSL5N0D10GZ20130414?feedType=RSS&feedName=financialsSector