FINANCIAL NEWS

Dubais property prices hit 42 pct growth in 2012

02 Oct 2013

(MENAFN) Market analyst reported that property prices in Dubai have increased 42 percent in 2012, while rentals rose 23 percent, according to Arabian Business.

Major reasons played a role in causing the accelerated activity during the mentioned period, such as political stability, trade links, a buoyant and diversified economy.

The emirates property prices are expected to continue increasing and to reach their highest rate since 2008.

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