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Dubai set for first residential Reit amid softening prices

A general view shows the part of the skyline of Dubai covered in an early morning fog on October 5, 2015.


EMIRATES Reit (CEIC) Ltd plans to start Dubai's first residential real estate investment trust as falling property prices boost potential returns from rental income.

The new trust is expected to start operating later this year or early in 2016 depending on regulatory approval

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