UAE Firm to Invest Dhs1bn in Dubai Real Estate

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Al Hamra Village

AED 270,000 - Ras Al Khaimah

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Published: 20/01/2010

A UAE investment firm, ‘Dubai International Holding Company’ (owned by a Dubai Sheikh) will be investing over Dhs1bn ($272m) in Dubai’s real estate sector this year. Sheikh Maktoum told the Emirates Business newspaper “...if you look at all the asset classes internationally, stock markets or anything else, right now the most depressed prices are for properties. We will be investing Dhs1bn in different projects across Dubai.” (AMEinfo, 06/01/10)

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