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Prices of apartments in Dubai rose nearly two percent in the second quarter of 2012, according to the new Knight Frank Prime Global Cities Index.
Sales prices across the emirate rose 1.8 percent between March and June, the index showed.
Prices rose 5.6 percent over the past six months, the index said, adding that 12-month price growth stood at 2.3 percent.
The increase in prices put Dubai in 12th position in the index out of 27 real estate markets around the world.