Dubai emerges as world’s strongest housing market

by Paul Joseph on January 27, 2013 · 0 comments

The resurgence in the Dubai property market over the past year has seen it being ranked as the strongest housing market in the world, by Global Property Guide. The recently released independent report shows Dubai’s residential property index jump 13.46 per cent during the year, compared to a 1.8 per cent decline in 2011. During the same period, the report shows that the UK fell 3.97 per cent, Singapore 2.88 per cent and Tokyo by 1.94 per cent. Welcoming the report, Senior Vice President, DAMAC Properties, Niall McLoughlin said: “Even the steady and consistent growth to pricing we have seen in the past year in Dubai is truly impressive when

[via India Properties – Real Estate India – Indian Property News Site]

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