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Dubai house prices to ease in 2015: JLL

Emirate's robust economy is helping it avoid repeat of crash in 2008-9 despite a slump in oil prices

Dubai

DUBAI house prices will fall by up to 10 per cent in 2015 after rising almost 60 per cent in two years, with the emirate's robust economy helping it avoid a repeat of a crash in 2008-9 despite a slump in oil prices, property consultants Jones Lang Lasalle (JLL) said on Tuesday.

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