News tagged "Sameer lakhani"

Dubai developers taking every precaution not to flood the market with launches

Dubai developers taking every precaution not to flood the market with launches

7th June 2019

According to *Gulf News report, developers in Dubai are taking every precaution not to flood the market with too many launches or ready homes. The latest numbers prove this is so. In the first five months, there were just over 3,200 new off-plan units released against 13,684 units for the same period last year. When it comes to completed units and handovers, the slowdown from last year is just as stark — 7,000 homes so far this year against 8,942 units last, according to the latest Reidin-GCP data.[..]

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