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Investors move in on Dubai property bargains

With mortgages scarce and interest rates running at between 8.5 and 9 percent prices are set to decrease further but bottom out towards the end of the year.

Some areas show signs of recovery including luxury homes on palm Island as investors with cash jump on bargains.

For the full story go to http://www.middle-east-online.com/english/?id=33730

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2 thoughts on “Investors move in on Dubai property bargains

  1. Prices are actually rising in some areas like The Springs, Jumeirah Village, Dubai Marina etc. where projects/infrastructure are complete or nearing completion…

    The market is stagnant in areas which have been delayed such as Dubailand, Dubai Sports City, Dubai Waterfront…

  2. Ann Julie says:

    Dubai property situation is much better and surely has got everything in place for it to get back on track. Dubai has got an excellent financial system and the completion of DIFC would further enhance its position in the region.

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