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Dubai property market remains 'challenging', says Damac chairman
Damac Properties chairman Hussain Sajwani has described Dubai’s property market conditions as “challenging”, after the company's net profit fell 11.7 percent for the third quarter 2016. The Dubai developer reported a net profit of $245.6 million, AED902 million for the three months ended September 30, down from AED1.02 billion a…
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Click here to read the full story: Arabian Business