CLEAN : Dubai developers unveil mega projects despite downturn

CLEAN : Dubai developers unveil mega projects despite downturn

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video discusses the maturity of certain markets and the lack of price escalation expected in the coming years, as noted by Beatrice. Over the past three years, Dubai has experienced a 14% price drop, with current prices 30% lower than in 2008. Out of 32 markets monitored in Dubai, 25 have shown no price change this year. The market appears to be reaching the bottom of its current cycle, with Expo 2020 acting as a potential catalyst for future changes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many markets in Dubai are being monitored according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the current cycle of the market?

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