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Should Dubai developers ‘return to basics’?

Posted on 18 September 2012

The real estate market in Dubai has certainly had its share of booms and slumps and has been one of the most popular topics of discussion and investigation. It still stands as an icon of the city’s most vital sectors to salvation and analysts say that for the economy to continue booming, the real estate market must once again serve as a prominent pillar.
Now, as faith begins to seep back into the hearts of potential investors and hope rises with announcements of new projects what should property developers do differently this time around? Emaar has recently announced their first post-crisis luxury hotel, a seemingly positive indication of a stronger revenue stream and confident strategy moving ahead but will it be enough………………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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