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Dubai property prices rise
- United Arab Emirates: Sunday, September 21 - 2008 at 10:14
Dubai property prices have risen sharply this year on strong economic growth and higher construction costs, The National reported, citing a survey it conducted with banks and real-estate companies in the emirate. Prices for villas rose 76% in the year to August, while office prices gained 74%, the newspaper reported. Prices for apartments increased 63%.
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Jeff Florian, Senior ReporterSunday, September 21 - 2008 at 10:14 UAE local time (GMT+4)
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