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business16h ago
Dubai's premium real estate segments are recovering despite Iran uncertainty: DAMAC Group
- DAMAC reports a pickup in sales as Dubai's luxury real estate rebounds amid regional uncertainty.
- Government incentives and $2.5 billion in hospitality incentives fuel the Dubai market.
- Smaller developers may disappear as the industry consolidates, Sajwani warns.
- DAMAC Group sees resilience in Dubai's real estate amid Iran uncertainty.
- Ali Sajwani comments from DAMAC Group on market dynamics and incentives.
- Dubai's hospitality incentive package is a key factor in market strength.
- Industry consolidation may reshape Dubai's real estate landscape.
- DAMAC Group links performance to Dubai's regulatory and economic environment.
- Market signals point to a reshaping of Dubai's luxury property segment.
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