Why are new developers able to compete with established giants like Emaar or Nakheel?

Many new entrants have successfully "snapped up" waterfront plots near older districts. By offering competitive payment plans and smart positioning, they are earning substantial margins and selling out before even delivering their first project.

The full explanation

Many new entrants have successfully "snapped up" waterfront plots near older districts. By offering competitive payment plans and smart positioning, they are earning substantial margins and selling out before even delivering their first project.

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