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Dubai’s government-owned developers must now focus on rentals
There is one way to drastically reduce the risk of oversupply in Dubai’s property market — get government-owned developers to stop selling freehold. “Instead, these developers should only focus on building assets that are then leased out,” said P.N.C. Menon, Chairman of Sobha Realty. “They should not be in the…
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Click here to read the full story: Gulf News