Diabytes
Dubai real estate News
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To be clear, Jamuar isn’t saying Dubai’s real estate market is better than India’s. In fact, he acknowledges that property prices in India tend to grow faster.
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Indians invested nearly USD 2 billion in the Dubai's real estate during the first half of this year.
Indians were the largest investors in the promising Dubai real estate market in terms of the number of buyers and transactions made in 2014 followed by Emiratis, Saudis and Kuwaitis, according to a new report.
Driven by tighter government regulations and an increasing mismatch between consumer and seller expectations, Dubai's real estate market is now experiencing a period of stability, according to a report.
Sales volumes have declined in all sectors recently, with data from the Dubai Land Department showing villa sales in May 2014 declining almost 50 percent against same month in 2013.
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