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Real Estate Briefing - Categorized | Investment, Middle East and Africa more

Dubai real estate deals down as investors stay wary

Posted on 24 October 2011

Transactions in Dubai’s battered property market fell by 45 percent in the third quarter of the year as wary investors stayed on the sidelines, real estate consultancy CBRE has said.

The number of residential deals tumbled to 1,459 in the quarter, down from 2,648 in the year-earlier period, despite rents in the emirate’s prime developments showing signs of steadying………………………………………Full Article: Source


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