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Dubai's Al Barari villa prices fall by 30%
- United Arab Emirates: Wednesday, September 02 - 2009 at 11:43
Prices of luxury villas in the Al Barari Development in Dubailand have dropped by 30% in the past one year due to the downturn in the real estate sector, Emirates Business has reported. Mohanad Alwadiya, director of Harbor Real Estate said prices for the villas now range between Dhs12m and Dhs20m compared to last year's Dhs15m-Dhs30m.
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StaffWednesday, September 02 - 2009 at 11:43 UAE local time (GMT+4)
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