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18.3pct price increase puts Dubai among world’s hottest property markets

Posted on 14 May 2013

Property prices in Dubai rose 18.3 per cent in the past one year (March 2012 to March 2013), with the emirate maintaining it’s position among the top five best performing real estate markets in the world, according to a new report.
According to Knight Frank’s first quarter 2013 Prime Global Cities Index, the emirate is ranked fourth in the list of 29 global cities. Prices rose 5.4 per cent in the last three months (December 2012 to March 2013), the third highest in among the global cities compared………………………………………..Full Article: Source


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