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About 30% of habitation in Dubai will become empty

16 June 2009

Number of empty habitation in Dubai can double by the end of 2010.
UBS analysts prove that the number of empty houses can sharply grow – from today’s 15 % to 30 % of all housing market by the end of next year.
Real estate market of Dubai is stronger than others has suffered from world financial crisis. According to Deutsche Bank’s report prices for habitation in Emirates have already fallen on 50 % and can decrease on 20 % this year.

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