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Dubai rents set for a slow decline in 2011

Posted on 12 January 2011

From Emirates247.com: Residential rental rates are expected to continue their downward trend in 2011, albeit at a slower pace, as more supply enters the market, Asteco said.
According to the Dubai-based property management company, rentals fell by mere three per cent in the fourth quarter compared to the third quarter, the decline being the lowest quarter-on-quarter, showing indications of market stabilisation……………………………………….Full Article: Source


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