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According to Colliers property prices in Dubai have raised over the previous year. Dubai has observed incredible expansion in the real estate sector over the previous year, with an increase in the number of foreign home purchasers and investors. Dubai has benefited from a 6year real estate rapid growth ignited by the introduction of foreign ownership rights in the emirate while an arrival of expatriates has driven prices higher.

The United Arab Emirates, home to about 8% of the world’s oil reserves, is continuing to see unprecedented economic growth which will keep the demand for property high as the expatriate population continues to grow to sustain the economic growth.