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FINANCIAL NEWS
Dubai home prices grow 1.8% in Q2: Knight Frank study
28 Jul 2012
(MENAFN) A recent survey released by Knight Frank found that prices of apartments in Dubai saw nearly two percent increase during the second quarter of 2012, Arabian Business reported.
The Knight Frank Prime Global Cities Index showed that house prices across the emirate increased by 1.8 percent between March and June.
The study also found that home prices rose 5.6 percent during the first six months of the year, adding that 12-month price growth stood at 2.3 percent.
The volume of transactions in the Gulf emirate totaled USD1.9 billion, while the number of residential real estate deals rose 15 percent in the second quarter.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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