* Dubai's Emaar Properties Q3 net operating profit
387 million dirhams versus 406 million dirhams year-ago
* Q3 revenue 1.6 billion dirhams versus 1.9 billion dirhams
year-ago - statement
* Emaar chairman says Dubai property sector witnessing "upward
revision" in prices
* Says seeing high-level demand for new projects in strategic
locations
* Average forecast of analysts polled by Reuters expected Q3
earnings of 516.2 mln
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