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Dubai Property Boom Fueled by Surge in Mortgage Activity

This is an article about Dubai’s property market. It discusses a recent surge in mortgage activity, which analysts attribute to a combination of factors. Dubai’s reputation as a global business hub and luxury destination continues to attract international investors. The emirate’s government has also implemented policies to make the property market more attractive. Interest rates are rising across the UAE, but competition among lenders is keeping mortgage rates stable. Property prices are expected to continue rising throughout 2023.

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