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Dubai Developers Reduce Prices to 2006 Levels, 24/7 Reports (Bloomberg)

Submitted by on December 26, 2009 – 12:05 pmNo Comment

Dec. 26 (Bloomberg) — Some real-estate developers in Dubai, who withheld properties from the market after prices fell as much as 50 percent, are now selling at levels last seen in 2006, Emirates Business 24/7 reported, citing company officials.

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Dubai Developers Reduce Prices to 2006 Levels, 24/7 Reports (Bloomberg)

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