Great law but a little too late from what I see.I would imagine that the majority of developments which are to be built in dubai have already been launched?
On the other hand perhaps it will have an effect on existing projects in terms of their price going up as I assume there could be a lot less developers wishing to proceed in dubai halting this relentless flow of new properties?
Also,surely far more foreign investors will be attracted to dubai thus again pushing prices up?
|