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First 'accurate' real estate index for Dubai shows property prices increased 0.7% in the final quart

Discussion in 'Dubai property' started by Nicholas Wallwork, Feb 4, 2010.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Dubai property prices rose 0.7% in the final quarter of 2009, compared to the previous quarter,*according to new research.

    The figures from the new Sales Price Index for Dubai (SPID), which has been launched by*REIDIN.com in partnership with the Real Estate Regulatory Agency and Dubai Land Department, is*regarded as the emirate's first accurate property index that will be a benchmark for the industry.



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  2. kully sanghera

    kully sanghera New Member

  3. georgihh

    georgihh New Member

  4. Brendan R

    Brendan R New Member

    is the oil to be distributed to people that got screwed or waiting for their developments to be completed?

    If your development got postponed by 12 months, do you get any oil as compensation?

    How can prices have gone up in the last quaret when there is so much pent-up supply? How can prices go up when projects are postponed and do not even pay you any return on money deposited?

    This place is amazing. They keep on feeding BS to people and people keep on eating it. Unbelievable.
     
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