The UAE's real estate market has bottomed out and will begin to recover in 2010, according to economic analysts speaking at a panel discussion in Dubai.

'I think the real estate market has bottomed [and] I include Dubai in that,' Neven Hendricks, COO at Deloitte Corporate Finance Ltd - MENA region, said on the sidelines of the Dubai Knowledge Village Breakfast Club panel discussion.

'I see real estate market trending upwards gradually towards the end of 2010,' he added.

arabianbusiness.com