Muhammad Ajmal | Dubai Real Estate Investment Consultant
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Muhammad Ajmal
Emaar founder Mohamed Alabbar has reaffirmed the developer’s no-discount policy, even if property sales slow down.
Speaking at the RISE Summit in Dubai, Alabbar argued that reducing prices after buyers have purchased at the original price would be unfair to existing customers. He also suggested that some developers resort to steep discounts to manage debt and cash-flow pressures.
5 days ago |[YT] | 1
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