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Joint ventures can be a win-win in Dubai’s real estate
Source : Gulf News
Authors
Shahram Safai and
In anticipation of the World Expo 2020 and as part of the broader UAE vision 2021, the Dubai real estate market has experienced an increase in the use of joint venture arrangements between foreign developers and local land owners as a means of developing real estate. More often than not, such joint venture arrangements are proposed by experienced foreign developers to land owners who may not have the time or know-how to monetise the land.
