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House prices in Dubai fell by 4%

03.08.2010
Homesoverseas.ru editorial office
32
Residential property prices in Dubai in the second quarter of this year decreased by 4% compared with the first quarter. The current decline in prices was the first in the quarterly comparisons, - the report said the consulting company Colliers International. Company experts predict a further decline in prices due to the appearance of an already overheated market of new offerings. "We expect a further decline due to the appearance on the market of new proposals, which seriously hinders the restoration of the sector", - said Ian Albert, regional director of Colliers. Last year, prices for the second quarter increased by 7% compared to the first quarter of 2009. On this Site: business.maktoob.com
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from 594 949 €
2 bedrooms
build area 103 sq. m
pool
sea/ocean view
air conditioning
furniture
seller: Royal Home Real Estate
243 737 €
1 bedroom
build area 71 sq. m
pool
household appliances
sea/ocean view
negotiable price
seller: Royal Home Real Estate
158 333 €
1 bedroom
build area 49 sq. m
pool
garage
mortgages available
payment by installments
seller: Royal Home Real Estate