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$4.3bn in Dubai properties sold by Gulf nationals
- Middle East: Monday, October 26 - 2009 at 11:18
GCC nationals sold properties valued at Dhs15.7bn ($4.3bn) in Dubai during the eight months ended August, according to Dubai's Real Estate Regulatory Agency (RERA) and the Land Department. Land sales by developers and individuals had accounted for Dhs10.8bn of Dubai's total property sales between January and August. Apartment sales followed with Dhs2.9bn, while villa sales reached Dhs2bn, reported Bloomberg.
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StaffMonday, October 26 - 2009 at 11:18 UAE local time (GMT+4)
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