Dubai to hold three-day property sales
Event kicks off from April 9 and even feature auctions for distressed properties
Published: 10:28 January 8, 2018, GULF NEWS
Dubai: Dubai will host a three-day mega property sale from April 9 to11.
This is a strategy that has served key sectors of the economy in the past, particularly retail.
Now, the Dubai Land Department reckons the same model can be deployed in jacking up property demand. It has brought on board developers to offer properties at special prices and with incentives to match.
There will also be live auctions held simultaneously featuring “distressed properties” as well.