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Abu Dhabi real estate leaps five fold in 2004-2009

Posted on 15 November 2010

From Emirates247.com: Abu Dhabi’s real estate sector jumped by nearly five times during 2004-2009 to surpass Dh46 billion and become one of the largest components of the emirate’s GDP, government figures showed on Saturday.
From around Dh9.5 billion in 2004, the value added of the sector, or its contribution to GDP, leaped to a record high level of Dh46.03 billion in 2009, the Abu Dhabi Department of Economic Development (ADDED) said in it a report……………………………………….Full Article: Source


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