Monday, July 2, 2012

Dubai residential property market turns the corner

Quality residential developments in Dubai bounced back during Q2 2012 after a stable first quarter, with average rent increases of 6% for apartments and 9% for villas. Sales prices recorded double-digit increases in three developments, with rises of 6-8% elsewhere, according to the latest H1 2012 report from leading UAE property management company, Asteco.

Dubai
© 2012 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/pr/dubai-property-432060

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