Browse related articlesSecondary property market emerging
United Arab Emirates: Wednesday, November 29 - 2006 at 15:34
A strong secondary real estate market is emerging in Dubai, with residential developments showing high capital increases on resale, according to a report by Colliers International. Villas in the Arabian Ranches, Meadows, Jumeirah Islands and Springs are averaging 50-70% capital appreciation within 2-3 years. Apartments in The Greens have appreciated by 100-120%, and Dubai Marina apartments by 40-55%.
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James McInerney, News EditorWednesday, November 29 - 2006 at 15:34 UAE local time (GMT+4)
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This Article was updated on Wednesday, December 06 - 2006
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