Arab Today, arab today dubai house prices up 23 in q4
Last Updated : GMT 08:59:11
Arab Today, arab today
Arab Today, arab today

Dubai house prices up 2.3% in Q4

Arab Today, arab today

Arab Today, arab today Dubai house prices up 2.3% in Q4

Dubai - Arabstoday

Dubai\'s house prices rose by 2.3 percent in the last three months of 2011, according to the latest Knight Frank Global House Price Index. The real estate firm ranked Dubai 26th out of 52 property markets around the world - a list it once propped up after the house price crash in 2009. Knight Frank said Dubai house prices rose 0.5 percent over the full year of 2011, while they increased by 0.4 percent between the second and fourth quarters of last year. The index showed that Dubai saw a bigger recovery in the final quarter with a 2.3 percent rise, putting the emirate in the top 10 performers in the world for the period. Overall, the Knight Frank Global House Price Index rose 0.5 percent in 2011 but prices fell 0.3 percent in the final three months of the year.     The gap between the top (Brazil up 26 percent on the year) and bottom (Ireland down 17 percent) performers in the index was 43 percent, Knight Frank added.      On a regional basis house prices fell fastest in Europe (-0.8 percent) while growth in Asia Pacific slowed to 2.8 percent.      During the final quarter of 2011, house prices fell in 60 percent of the countries surveyed, Knight Frank said. Knight Frank international researcher Kate Everett-Allen said the Q4 results represented the Global House Price index’s weakest quarterly performance since Q2 2009. \"This suggests that a return to significant house price growth around the world is some way off yet,\" she said. \"No improvement is expected until the gap between house prices and two of its key determinants – incomes and rents – starts to shrink and the excess supply of new homes built in many locations during the boom years prior to 2008 is absorbed.\" Asia’s downturn has proved highly influential. In 2007 China, Hong Kong and Singapore saw price rises of 42 percent, 21 percent and 33 percent respectively. Last year, growth was -2 percent, 11 percent and 5 percent. Brazil, a new addition to the index this quarter, topped the rankings with 26 percent price growth in 2011. All 12 of the bottom rankings were occupied by European markets with Ireland, down 17 percent, in last place.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai house prices up 23 in q4 Arab Today, arab today dubai house prices up 23 in q4

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday