Dubai targets Chinese real estate investors in global push:
The Dubai Land Department (DLD) will host a real estate exhibition in Shanghai today as part of a series of events showcasing the sector worldwide.
It comes as the real estate sector in the emirate struggles with a glut of new homes and comes under pressure from rising interest rates which make mortgage payments more expensive.
Chinese interest in Dubai real estate has increased in recent years amid warnings that the domestic property market in China is becoming over-heated in some cities.
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