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Moody's agency reported that real estate development companies in the UAE have demonstrated significant resilience in their financial and operational performance, despite disruptions in global supply chains and a surge in material costs ranging between 20% and 25%. The country's real estate sector continues to execute construction projects on schedule, as companies have managed to contain the impact of high costs thanks to sufficient stockpiles of materials and financial procedures. Additionally, the markets in Abu Dhabi and Sharjah show strong demand, while Dubai relies more heavily on investors, with developers adopting precautionary financial measures to maintain liquidity.
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