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Dubai’s safe haven status pushes property villa prices up by 20%

Posted on 05 November 2012

The status of being a safe haven for Middle East and North Africa buyers post Arab Spring has pushed villas prices in Dubai by almost 20 per cent in the year to September 2012.
The increase makes the emirate the second best performing market of the 26 cities tracked by Knight Frank Prime Global Cities Index. In the second quarter report, the emirate, however, was positioned at the 12th spot, with a yearly increase until June 2012 being mere 2.2 per cent for apartments………………………………………..Full Article: Source


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