Dubai one of worst performing global housing markets in Q1 | The National:
"Dubai was one of the worst-performing housing markets in the first quarter of 2015, according to new research.
Knight Frank’s Global House Prices Index scored the city 53rd out of 56 locations monitored - one place lower than Greece but higher than China, Cyprus and Ukraine.
Property prices in the emirate fell by 6.1 per cent over a 12-month period, according to the firm, and were 3.7 per cent lower than the previous quarter."
'via Blog this'
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