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Investors increase property rates by up to 25% in Dubai South due to Dubai Airport relocation.
Due to the relocation of Dubai Airport (DXB) to Dubai South, many investors have increased property rates by up to 25% in the area, leading some to hold off sales. Industry executives report sellers raising prices after the announcement of Al Maktoum International airport in Dubai South. Some investors are hesitant to sell, expecting further property value appreciation.
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