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Real Estate Briefing - Categorized | Market Moves, Middle East and Africa, Research more

UAE property market still struggling

Posted on 02 August 2010

From Gulfnews.com: Prices for UAE property came down again in the last quarter at an average of 4 per cent, with villas performing the strongest, according to Colliers International House Price Index, suggesting a trend for the remainder of the year.
“We anticipate a further slowdown and we have an ongoing concern of the new supply entering the market, which will further impede recovery,” said Ian Albert, regional director, Colliers International……………………………………….Full Article: Source

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