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  • 08-11-21

    UAE real estate market to sustain strong growth

    (MENAFN) Based on industry experts, there is a "true rebound" in the UAE’s real estate market, pushed by government enterprises with the market drive predicted to maintain for the following 12 to 18 months as more individuals acquire houses.

    On Sunday, the chief commercial officer of the Dubai Holding Real Estate told the Cityscape Global Summit, Alexander Davies, “there is a lot being done in Dubai and in the UAE to ensure longevity of residency and that’s very important for us as developers and that’s really underpinning the real estate recovery that we’ve seen.”

    Throughout last year, the government of UAE has presented many procedures to fund the economy, which compromises of visas for retired citizens and professionals working distantly as well as the growth of the 10-year golden visa initiative.

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