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Wednesday, 03 December 2008 07:58 UAE time

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RAK records third-quarter sales boost

by ArabianBusiness.com staff writer  on Saturday, 03 November 2007

RAK Properties has recorded a 229% increase in sales in the third quarter of 2007, compared to the third quarter of 2006.

The total sales value was US $205 million (AED755 million), against $62 million for the same period in 2006.

This growth has beenattributed to the strong and sustained investor interest from the UAE, UK, Far East, USA and Russia.

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READER COMMENTS

  1. Dubai Lagoon chiefs vow: 'No more delays' 2
    02 Dec ' 08 at 14:57
    If any developer says they are not affected in this turmoil, it is a mere PR stunt, plain and simple!  More »
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