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English news

05-Mar-2017

GCC luxury real estate prices decline Y-o-Y

Prime property prices in Abu Dhabi slid by 1.5% and in Doha by 0.5% in 2016, according to a recent report by Knight Frank Consultancy. Prices in Riyadh showed roughly no change. Lower oil prices and global economic uncertainties impacted investor sentiment in the region, according to the report. 

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