In
the recent news, Mr. Abu Backer Al Khouri, Chairman of Aldar, Saleh Rashid Al
Dhahiri, A UAE businessman, and Mr. Khalid Mohammad Al Badie, vice president
and the director of the Al Badie Group
for trading and investments with other visitors just look out the projects by
Al Dar. Yes, the project will be started soon on Yas Island at their pavilion
during Cityscape Abu Dhabi.
It
is predicted that the upcoming years will be the solid years and all businessmen
including- Khaledal
Badie will look up the volume of business to be 10 to 20 percent up on
the last year. Not only this, they really believe that in line with what most
of the banks are predicting in terms of their balance sheets. As for the
overall real estate sector the CEO said that they are expecting relative
stability throughout the year and for the same they are working on various
projects for their substantial growth.
Not
only this, they have also seen six months of stabilisation and they are moving
to the period where single digit growth is going in terms of both- rental and
sales prices. Khaled
Al Badie Dubai is also concerned about the various projects and
investing options and he is looking for something the best for ultimate growth
of the business and ultimately the group.
The
real estate sector CEO also said that they don’t like a lot of volatility just
because it either attracts the wrong kind of buyer or sometimes it scares
people off. There is also the project layout Mohammad Abdul Hakeem, the
chairman of Le-Vallee Retreats has checked out by Reem Developers in Reem
Island. It is also said that there is a rising rental rates offset impact of
oil prices on sales as well.
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