Dubai Property Revival Gathers Pace

Home prices in Dubai are climbing, with the average sale price of mid-range villas soaring 47 percent in the year to May and mid-range apartment prices advancing 32 percent, according to data compiled by Cluttons LLC.

Emaar Properties has started two new projects and began expansion of its flagship shopping mall as the developer of the world’s tallest tower leads companies seeking to benefit from the rebound in Dubai’s real-estate market.

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