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Dubai residential rents up 17pct in 2012 - CBRE

Posted on 22 January 2013

Average rental rates for residential property in Dubai increased 17 percent last year while villa rentals rose 14 percent following a rebound in the emirate’s real estate sector, according to a new report.
The rise in property prices has helped spur a number of developers to launch off-plan properties but speculative buyers could be a concern, real estate consultants CB Richard Ellis (CBRE) said in its quarterly review of the Dubai property market………………………………………..Full Article: Source


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