Dubai Developers To Work Tighter To Hold Back Property - 12/02/08 07:56 PM

The Dubai government has recently hinted it will work towards holding back some the Dubai property that is currently under construction in order to maintain a healthy level of new property supplied onto the market, and to help strengthen the property market in what are testing times all around. The idea is to manage the supply of new properties coming to market to ensure there is no large influx of properties which current market demand levels could not account for, and that could lead to a further reduction in freehold property prices. Is such an idea workable under the current … (2 comments)