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Overprices villas in Dubai, survey suggests
Overprices villas in Dubai, survey suggests.
Brokers in the emirate claim that owners of villas in Dubai are asking for overarching prices taking account of the conditions of the current estate market. This leads to fewer enquiries translating into less sales. According to real estate website propertyfinder.ae there has been a 2% increase in searches for villas but a 13% fall in viewing. According to agents, this decline reflects a jump in villa prices in the city’s more established areas, following signs of a tentative recovery in the property market.
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