The property markets in the Middle East will start to recover by the beginning of 2011, the head of a firm, a Dubai-based interior fit-out giant has said.

Mohannad Sweid, the chief executive officer of Depa Ltd as saying: 'Slowly we will see at the beginning of 2011 or the end of 2010 the start of a good revival. Next year will be difficult, especially for companies that focused on one city or region.'

Depa is doing the fit out for apartments between the 12th and 117th floors on the middle tiers, above the Armani hotel, and below the office space on the top section of Burj Dubai, the world’s tallest building, when completed.

arabianbusiness.com