Dubai builders get the axe at Cityscape Jeddah

In a surprising ordainment, government on the Cityscape Jeddah forced closure of stands installation by way of some of the most outstanding real property companies of United Arab Emirates (UAE).

The price? Saudi department of exchange and commerce claimed the flow followed “direct” sales of developers’ off-plan homes in Dubai. The stalls have been set up about every week ago Jumeirah Park Villas for Rent.

Insiders gift on the cityscape advised Dubaijumeirahpark.Com, UAE’s smartest assets portal, Saudi government first engaged plainclothesmen to gauge if the companies have been “making direct sales”.

“They could not find any proof of that,” the supply side.

But that di ... Read more »