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FINANCIAL NEWS
Dubai real estate prices up 2% last month: Reiden
28 Jun 2013
(MENAFN) Residential property prices rose by just over two percent in May, taking the annual increase to 16.1 percent, according to latest figures released by REIDIN.
The REIDIN.com Sales Price Indices, which is put together in partnership with Dubai Land Department, showed prices rose 2.01 percent compared to April.
The index showed apartment sales prices registered an increase of 2.13 percent month-on-month and 17.3 percent year-on-year.
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