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Corrections are seen to be the way to go for Dubai's real property sector, according to a top asset management company official, cited by Gulf News. Shehab Gargash, CEO of Daman Investments dismissed the idea of a crash. Some developers also agree that prices are unreasonably high. Overall, the recent slowdown in the market is seen as temporary shake up but onwards to continued growth.
Posted originally: 2008-09-01 07:26:49 |
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