Dubai property price slide slowing down: Knight Frank

House prices in Dubai suffered the biggest 12-month fall among global property markets but the declines are easing as markets recover, a real estate brokerage said. Prices in the emirate fell 47.3 per cent from Q2' 08 to Q2' 09, Knight Frank said. "Prices are still falling, but the decline has slowed sharply... Transaction volumes have started to increase," it said.

 

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