14.01.2013 - Dubai’s property market awaits MBR City effect
This could well be Dubai’s version of “Quantitative Easing”. With the announcement of the massive Mohammad Bin Rashid (MBR) City, the emirate is trying to rework the entire dynamics of its real estate marketplace post the downturn. And it is going to have a multi-billion dollar (no estimates have been announced publicly so far) knock-on impact for the broader economy..............................................Full Article: Source
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