Damac Warns Dubai Must Halt New Building or Face Disaster

The video discusses the challenges facing the property market, highlighting the city's strong infrastructure and political stability. It addresses the cyclical nature of the market, current supply issues, and the role of payment plans in speculation. The speaker suggests reducing supply temporarily to stabilize the market. The company's strategy focuses on financial health, reducing land purchases, and managing assets effectively, despite stock market challenges.

What are some of the key strengths of the city mentioned in the video?

• World-class infrastructure and safety

• Lack of infrastructure

• High crime rates

• Political instability

What is the nature of the property market as described in the video?

• Linear and predictable

• Cyclical with periods of growth and slowdown

• Always growing

• Always declining

What issue is caused by the payment plans in the property market?

• They stabilize the market

• They encourage speculation

• They benefit developers

• They reduce supply

What is the proposed solution to address the market crisis?

• Increase interest rates

• Increase supply

• Stop supply temporarily

• Lower property prices

What is the current financial strategy of the company discussed in the video?

• Buying more land

• Increasing dividends

• Maintaining cash flow and paying bonds

• Launching more projects

Why is the company not giving dividends currently?

• To increase stock prices

• Due to high profitability

• Because of market celebration

• To keep cash in the company

What is the company's approach to new launches in the current market?

• Increase the number of launches

• Focus on selling existing products

• Buy more land

• Ignore market conditions