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Danube Properties sales rise 14% despite Dubai slowdown

Positive+41

GreyOak summary

Danube Properties reported a 14% year-on-year sales increase in Dubai, driven by new launches and a flexible 30:70 payment plan. This growth occurred despite a regional market slowdown caused by geopolitical conflict, which saw high-value transaction volumes drop 34% and prices fall 5% in prime neighborhoods.

What it affects

  • DANUBEPositive +41

    Sales rose 14% despite market slowdown.Rolling sentiment Positive +31

Source

Read the original at Moneycontrol

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