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UAE real-estate business to witness robust bounce
(MENAFN) UAE’s real-estate business witnesses “true rebound” led by government’s enterprises with the market driving force predicted to maintain for coming 12-18 months while additional numbers of individuals purchase houses, announced the sector’s specialist.
On Sunday, Nov. 7 Alexander Davies, the chief commercial officer of the Dubai Holding Real Estate reported to the Cityscape Global Summit: “There is a lot being done in Dubai and in the UAE to ensure longevity of residency and that’s very important for us as developers and that’s really underpinning the real estate recovery that we’ve seen.”
Davies additionally stated: “This is a true rebound and there are very good fundamentals underlying it.”
On Sunday, Nov. 7 Alexander Davies, the chief commercial officer of the Dubai Holding Real Estate reported to the Cityscape Global Summit: “There is a lot being done in Dubai and in the UAE to ensure longevity of residency and that’s very important for us as developers and that’s really underpinning the real estate recovery that we’ve seen.”
Davies additionally stated: “This is a true rebound and there are very good fundamentals underlying it.”
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