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DUBAI: Dubai-based developer Meraas said it will review a recently launched US billion (US = RM3.64) property project, as more developers reassess and scale back work due to the global financial crisis.

The government-owned developer said it was reviewing the phasing and rollout of its Jumeirah Gardens project which was launched at a Dubai property exhibition in October.

There would be more clarity and details on the project’s masterplan and the product rollout by the beginning of 2009, the statement said.

By Reuters

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