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Dubai rentals up by 24pct

Posted on 12 December 2012

Residential rents and property prices in Dubai’s prime locations have risen on an average of 17 and 16 per cent, respectively, in the past one year (December 2011 to November 2012), according to CB Richard Ellis (CBRE).
“Dubai is seeing higher rental growth this year due to a sustained period of population growth, positive economic performance, increased occupier demand, and limited availability of quality units in the most desirable locations,” says Matthew Green, Head of Research & Consultancy UAE, CBRE Middle East………………………………………..Full Article: Source


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