Dubai's real estate committee increasingly curbing oversupply
Dubai’s Higher Committee of Real Estate will be increasingly active in monitoring and regulating oversupply in the market, according to Dana Salbak, the head of MENA research at real estate investment and advisory firm JLL. Announced in September 2019, the committee – which is chaired by Dubai Deputy Ruler Sheikh Maktoum Mohammed bin Rashid Al Maktoum – includes senior representatives of major property developers among its members and aims to avoid duplication of projects in the sector.
Tags : INTERNATIONAL