This sounds like an investment,” said Marwan bin Ghalita, the chief executive of Dubai’s Real Estate Regulatory Agency. An agent at JCA Real Estate, a Dubai-based broker which also operates in Ajman, said: “We are asking for the total amount in cash and give the client a postdated cheque on behalf of our developer, with 10 per cent profit after one year.A broker at Bhakti Real Estate has offered such deals on a case-by-case basis.
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Australian Real Estate Blog
