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UAE Real estate market heats up

Posted on 28 January 2013

The cost of accommodation in UAE increased at a rapid pace in 2012, with prices of villas and rents climbing up by 23 per cent and 17 per cent, respectively.
The upward trend in property prices is expected to continue in the coming months. As investors showed renewed interest in the real estate market, villa prices increased at the highest rate in four years. The prices of apartments jumped by 14 per cent in 2012………………………………………..Full Article: Source


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