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Email this article: Dubai villa market experienced positive rental rate growth for the first time since 2008, says CBRE
Posted: Tue May 15, 2012 11:03 am
UAE. Rental rate levels for freehold villa properties grew by around 3% in Q1,2012, whilst growth in units in leasehold areas was significantly less, at around 1%.
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UAE. "Prospects for economic growth in the Gulf region remain healthy for the next few years. We expect most Gulf banks to continue to benefit from robust corporate activity and consumer consumption over the next 18-24 months."
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