Property prices in prime locations of Dubai, particularly Downtown Dubai and the Palm Jumeirah, rose by over 30 per cent in 2012, according to Hamptons MENA.
The real estate consultancy, in its 2012 property report, put average price jumped between 20 and 30 per cent with Arabian Ranches leading the villa segment and Downtown Dubai and Emirates Living the high-end apartment market.
Global property consultancies such as Jones Lang LaSalle and Knight Frank have put price rise in prime villa communities at 20 per cent year-on-year.
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