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Real Estate Briefing - Categorized | Market Moves, Middle East and Africa more

Dubai real estate market remains on growth track

Posted on 19 April 2013

Ample demand for private and commercial properties fuel the real estate sector in the Gulf Arab sheikhdom which benefits from ongoing turmoil in some Arab countries.
Earlier in the week, real estate service provider REIDIN said in a study released last Sunday that property sales prices increased in Dubai (2.5 million inhabitants) on average by 18 percent year on year in the first three months of 2013. This increase was even more an indication for Dubai’s new economic strength, added REIDIN, as during the first quarter 2,200 new objects were added to the market in the sheikhdom………………………………………Full Article: Source


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