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UAE firm plans $272m investment in Dubai

12:29 - 6 Jan '10

Dubai International Holding Company, an investment firm owned by a Dubai sheikh, plans to invest more than Dhs1bn ($272m) in Dubai's real estate sector in 2010, Emirates Business has reported. 'If you look at all the asset classes internationally, stock markets or anything else, right now the most depressed prices are for properties. We will be investing Dhs1bn in different projects across Dubai,' Sheikh Maktoum told the paper.

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