Faced with a slowed market, property developers in Abu Dhabi are altering their projects, cutting prices and planning a raft of incentives to revive cash flow this year, executives at Cityscape said.
'There is a buzz that things are going to pick up,' said Jassem Busaibe, the chief executive of Arady, a property development and investment company. 'You don’t have that at last year’s Cityscape, where people were clamouring for plots and fighting for part of the action.'
The National
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