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Dubai developer forced to cut prices

Discussion in 'Dubai property' started by georgihh, Nov 8, 2008.

  1. georgihh

    georgihh New Member

    In a turn-around for the Dubai real estate market, Ukranian company VIP Waterfront have been forced to cut prices for the newly launched project by a third from those planned earlier in the year, according to the National. The units are currently being offered at Dhs2,300 per square foot.

    Where is Emaar to cut the prices by 30% ?
     
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