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Dubai home prices up 27.7% in one year

: Tuesday, June 03 - 2014 @ 02:09

Global real estate broker, Knight Frank has said Dubai home-price gains slowed in the first quarter after financial authorities took steps to cool the booming market, Bloomberg has reported. Values in the emirate rose 3.4%, less than Lithuania, Estonia and Malta, Knight Frank said. That compared with a 9.2% jump a year earlier. Even so, Dubai home prices climbed 27.7% during the 12 months through March, the most in the world.

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Tuesday, June 3- 2014 @ 2:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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