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Dubai still most popular despite 2009 property woes

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More than 43 percent of respondents to the FutureBrand Gulf Real Estate Study, released on Tuesday, said Dubai was their number one choice in the region despite house prices slumping by up to 50 percent in some parts of the city during 2009. He said mega projects like the Burj Khalifa and Dubai Metro becoming a reality added to the city’s appeal to would-be home buyers.

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