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.

How does the cyclical nature of the property market affect its performance?

Evaluate responses using AI:

OFF

What are the potential consequences if the current issues in the property market are not addressed?

Evaluate responses using AI:

OFF

What is the current financial position of the company in relation to the market?

Evaluate responses using AI:

OFF