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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.
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With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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