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Residential capital value up in March 2022

Dubai’s residential capital value grew 18.8 per cent annually and 1.2 per cent monthly in March 2022, according to a report. The report, published by Dubai-based consulting firm Valustrat, shows that villa properties spearheaded this trend, with prices jumping 34.1 per cent annually and a stable monthly growth rate of 2.1 per cent. Meanwhile, apartments witnessed single digit growth of 8.4 per cent annually with marginal monthly growth of 0.4 per cent.