Hot property: Newly-launched Dubai villa projects claim sell-outs

27/08/2014 (Emirates 24/7 – UAE): The slow rate of growth being witnessed in property prices and a delcine in number of real estate transactions have not deterred Dubai developers from launching new projects. In the last few weeks, two developers have announced projects in Dubailand – once touted as the leisure and entertainment district for the emirate. And these developers, in fact, have even claimed to have sold their units, put for sale, on the launch date itself. Damac Properties said the first release of houses in Akoya Oxygen, a master development in Dubailand, have been sold out and that, too, in record time…




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