Tuesday, 1 October 2013

Property prices in Dubai and Abu Dhabi rise for 3rd consecutive quarter

News from The National today on rising real estate prices in UAE.

Home prices and rents in Dubai and Abu Dhabi have continued to rise for the third quarter in a row.

Figures posted by the classified website Dubizzleon Tuesday showed prices rose in the past quarter by up to 29 per cent for a three-bedroom home on Dubai’s Palm Jumeirah, with a 30 per cent increase for a similar unit in Abu Dhabi’s Al Raha Beach.

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