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By Peter J. Cooper, AME Info, Abu Dhabi, United Arab Emirates Knight Ridder/Tribune Business News
May 27--WEAKER DOLLAR FAVOURS REAL ESTATE: Real estate investment by Europeans in Dubai will get a boost from the low US dollar, analysts told AME Info. The fall in the value of the dollar means that euro buyers are getting a 30 per cent discount on a year ago. Many of the sales in the Dubai Marina towers to date have been to Europeans buying a place in the sun.
MASTER-PLANNED COMMUNITIES SELL: Master-planned communities around the world have proved good buys, Emaar Properties director Robert Booth told Gulf News. He said Emaar had pioneered such projects …