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Wednesday, December 24, 2008

Dubai market at 'tipping point' as Real Estate Regulatory Authority warns against halting payments

Capitalising on this sentiment of uncertainty a number of groups have been messaging investors in Dubai's property sector via email and SMS, urging them to stop all payments for their units.

Dubai's Real Estate Regulatory Authority has responded by advising residents to ignore these messages, cautioning that stopping payments without verifying their contracts or seeking legal advice could result in the loss of their investment.
To read more, please, visit - ameinfo:

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