Dubai property developers are still turning out some larger-than-life projects even though prices are heading south again after clawing back a good chunk of their losses in the 2008 crash.
The Gulf emirate’s annual Cityscape property fair opened on Tuesday with developers foreseeing price declines of about 15% this year, yet confident there would be no return to the days when huge projects were abandoned half finished.
Scale models of new skyscrapers, sprawling villa compounds and leisure centres, including a new indoor ski slope, were rolled out by several companies.
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The Gulf emirate’s annual Cityscape property fair opened on Tuesday with developers foreseeing price declines of about 15% this year, yet confident there would be no return to the days when huge projects were abandoned half finished.
Scale models of new skyscrapers, sprawling villa compounds and leisure centres, including a new indoor ski slope, were rolled out by several companies.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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