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Dubai real estate market on cusp of recovery

Posted on 03 October 2011

Dubai’s battered property market is on the cusp of a rebound as real estate prices in the city’s prime locations show their first increases since the recession, said property broker Cluttons.
Villas located in projects including Palm Jumeirah, Arabian Ranches and the Meadows have seen a one percent price rise since the second quarter, the consultancy said a research report, with villa rents across the emirate rising by 0.7 percent during the period……………………………………….Full Article: Source

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