In Dubai property market, will ‘buyback’ schemes be a new sales strategy for developers?

Dubai: Buy back, sell, or build? Some Dubai engineers are reflecting on the choice of offering 'buyback' plans as a component of their offplan send off offers, and gain favor with expected dealers. One such designer, Dugasta, has quite recently done as such with a venture, Al Haseen Homes, where the commitment is to repurchase the sold unit in full following 5 years. If the mortgage holder has any...

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