Posted on July 1, 2009 - by admin
Dubai property prices beginning to witness the Metro effect
The prices of properties located close to metro stations in Dubai are already beginning to rise, marking the first signs of a Metro effect on the property market , reported analysts in Dubai. The Jumeirah Lakes Towers (JLT) on Sheikh Zayed Road, located directly opposite the Dubai Marina station are being sold for 6.5 percent more than units in buildings located further away. The difference in prices could equate to tens of thousands of dirhams, pointed out a Dubai-based real estate agency.
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Dubai property prices beginning to witness the Metro effect
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