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Some of the 180 odd projects that the Dubai Courts have now formally adjudged as being ‘cancelled’ could still have their uses.

Investors are sounding out the possibility of acquiring those cancelled projects, which stand a better chance of being revived by virtue of being in a desirable location or do not have substantial payment issues assigned to them.

“As many as 20-25 per cent of these can be revived if the right investor support levels can be found ... and they are present,” (Source: GN Property)

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Real Estate Dubai
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