Good News : 18.3% price increase puts Dubai among world's hottest property markets
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| Dubai Real Estate | Dubai Property |
Prices rose 5.4%, the third highest in the world, in last three months
Property prices in Dubai rose 18.3 per cent in the past one year (March
2012 to March 2013), with the emirate maintaining it’s position among
the top five best performing real estate market in the world, according
to a new report.
According to Knight Frank’s first quarter 2013 Prime Global Cities Index, the emirate is ranked fourth in the list of 29 global cities. Prices rose 5.4 per cent in the last three months (December 2012 to March 2013), the third highest in among the global cities compared.
Ranked higher than prime markets such as Monaco, London, Hong Kong and Moscow, Dubai is to the only city from the Middle East on the list.
According to Knight Frank’s first quarter 2013 Prime Global Cities Index, the emirate is ranked fourth in the list of 29 global cities. Prices rose 5.4 per cent in the last three months (December 2012 to March 2013), the third highest in among the global cities compared.
Ranked higher than prime markets such as Monaco, London, Hong Kong and Moscow, Dubai is to the only city from the Middle East on the list.
Seriously there are some great deals to be had here. Find out at PowerHouse | Dubai Real Estate Agent
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