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Dec

07

Emaar’s Alabbar Sees Dubai Property Market Rebalancing Next Year

By Tony Seruga

Dubai’s real-estate market will see a “rebalancing” between supply and demand into next year, according to the head of the emirate’s largest developer.

The company expects growth next year even amid the correction in the housing market, Emaar Properties PJSC Chairman Mohamed Alabbar said Wednesday at the Bloomberg Markets Most Influential summit in Abu Dhabi. He’s targeting expansion in India and said that Egypt remains a good market for Emaar…

Emaar’s Alabbar Sees Dubai Property Market Rebalancing Next Year

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