With more than 400 queuing overnight on Friday to be first in the queue to buy off-plan apartments in Emaar’s first sksycraper launch since the real estate crash of four years ago, the Dubai property booms seems to be officially back in business.
A Day One sell-out for this massive project looked all but guaranteed. Emaar is only selling two units per buyer. Some estate agents paid up to 25 labourers to queue up over night to ensure all their clients got property.
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