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Posts Tagged ‘palm island dubai’

Dubai Property Prices Falling


Homes on Palm Jumeirah Island

It’s not news that Dubai’s property market is expected to experience corrections next year and according to Morgan Stanley gradually decline by up to 10 percent by 2010. However, a real bombshell was dropped last Thursday when Arabian Business reported that Palm Jebel Ali’s island prices have depreciated some 40 percent in the last two months.

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