DUBAI, July 11 (Xinhua) -- Dubai's average residential property prices in the year through June increased by 16.9 percent, the fastest growth in almost a decade, according to a report issued by property consultancy CBRE on Tuesday.
Apartments and villas in Dubai, the major commercial hub in the United Arab Emirates, averaged 1,294 dirhams (352.3 U.S. dollars) and 1,525 dirhams per square foot, respectively, said the report.
