Dubai's bourse slipped off its 16-week high on Sunday as traders booked recent gains on technical cues, while other regional markets were mixed in lacklustre trade with many investors still away after Eid holidays.
In the United Arab Emirates, Dubai's index fell 0.9 percent to 1,573 points. Investors are booking gains in property stocks that have rallied after strong quarterly earnings signalled the start of a real estate market recovery in Dubai.
Bellwether Emaar Properties lost 1.7 percent, Deyaar Development dropped back 8.5 percent, after soaring 13 percent on Thursday because of a burst of buying in the last minute of trade, and contractor Arabtec shed 1.4 percent.
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