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Dubai property prices slide more in Q2

Posted on 16 July 2009

From Maktoob.com: Dubai home prices continued to fall in the second quarter but some areas, such as the man-made Palm Island - one of the worst hit places by the slump - saw an increase, property services firm Asteco said in a study released on Thursday.

Average home prices in Dubai fell 15 percent during the April-June period, compared with the first quarter, Asteco said, adding that the rate of decline has slowed compared with the previous two quarters because of a fall in distress sales……..Full Article: Source


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