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Rise in real estate deals reflects recovery of Dubai’s economy

Posted on 04 April 2012

British and Indian buyers dominated Dubai’s villa and land market in 2011, but GCC nationals were the biggest investors in the apartment sector, government data show.
Dubai’s Land Department, which issued its annual report yesterday, claims that a 20 per cent increase in property transactions in 2011 — at a value of Dh143 billion — is a sign of real estate market recovery and growth………………………………………..Full Article: Source


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