Dubai property prices jump 21.1% in Q1
Property prices in Dubai rose 21.1 per cent in the year to the end of March, according to a Knight Frank report.Published on Tuesday, 11 June 2013 Source: Emirates247
Property prices in Dubai rose 21.1 per cent in the year to the end of March, according to a Knight Frank report.Published on Tuesday, 11 June 2013 Source: Emirates247
Property prices in Dubai rose 21.1 per cent in the year to the end of March, according to a Knight Frank report.
Property prices in Dubai saw a 6.2 per cent growth in the first three months of 2013
Dubai was the only Middle East city on the list and ranked higher than traditionally popular real estate markets like Monaco, London, Hong Kong and Moscow.
With the property price crash of 2008/09, induced as it was by the global economic slowdown, now a thing of past, Dubai has emerged as the second hottest property market in 2012.
Project expected to be launched in next six weeks, says Meydan Chairman. Dubai’s Meydan Group will launch Meydan Tower, a 111-storey high tower, on Sheikh Zayed Road in the next six weeks, Emirates 24|7 can reveal.
Dubai can accommodate a tower taller than Burj Khalifa, said Mohammed Alabbar, Chairman of Emaar Properties.
Dubai-based developer Seven Tides has announced the release of the first phase of apartments for sale on Wednesday May 1, as part of the exclusive Anantara Residences Dubai, on the sought-after Palm Jumeirah island.
Rental rates in Springs community registered an increase of 32 per cent
Real estate transactions in Dubai reached AED44bn ($11.9bn) in the first quarter of 2013, up 63 percent on the same period last year, according to new figures released by the emirate's Land Department.
Dubai real estate prices and rents rose for the 16th consecutive month in March, continuing the steady recovery in the sector, according to a new report by Deutsche Bank.
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