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Global woes stall Dubai real estate further: Reuters poll

Posted on 25 October 2011

Dubai’s housing market will witness further delays in its recovery path and plummet another 10 percent, as it faces a slowdown amid renewed global financial woes and European sovereign debt crisis, a Reuters poll showed on Monday.

Home prices and rents in the Gulf emirate has already plunged nearly 60 percent from its peak before the global financial crisis………………………………………Full Article: Source


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