| It was announced by the head of Dubai RERA the land regulatory authority at yesterdays 3rd Arab Real Estate development conference that 220 stalled Real estate projects will move forward following evaluation, many off plan projects have been in limbo since the real estate market crash of 2008 and many property investors have sought advice and filed complaints with RERA, in a bid to improve transparency the regulatory body will identify projects moving forward and equally draw a line under projects that are stalled that ultimately should be cancelled.
It was also stated that the market is improving with 1647 real estate transactions already taken place this year, many believe that investors from local GCC countries will look to move investments from troubled home countries and move them to Dubai which is believed will have a positive effect on the
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