If you cast doubt on the future of the Dubai real estate market, those with stakes invariably tell you that they have heard it all before. “Every year they tell me something will go wrong, and every year I see Dubai growing stronger,” Adel Al-Shirawi, CFO of Dubai home financier Tamweel, told Euromoney earlier this year.
As the decade draws to a close, however, it would appear more likely that the factors conspiring to prove the nay-sayers right might finally triumph.
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