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Dubai developers cut prices to 2006 levels
- United Arab Emirates: Sunday, December 27 - 2009 at 11:11
Some real estate developers in Dubai, who withheld properties from the market after prices fell as much as 50%, are now selling at levels last seen in 2006, Emirates Business has reported. MAG Group Property Development, CHI Development Group and Tiger Properties are among developers cutting prices, the newspaper reported.
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StaffSunday, December 27 - 2009 at 11:11 UAE local time (GMT+4)
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