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Dubai property market cools

Wednesday, August 16th, 2006    Posted by Overseas Property Mall in Dubai Property

Dubai property prices are cooling, but there is no sign of a ‘bubble burst’, according to a survey of real estate brokerages, dealerships and consultants by DSL Exhibitions cited by TradeArabia. Dubai property price rises have slowed to between 10%-25% per year, with individual listings now making up around 30% of properties for sale, according to the survey. Nearly 50% of all listings are for one and two bedroom apartments.

Source: Ame Info

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