Palm Jebel Ali investors reject Nakheel’s offer for studios
Investor’s in property develop Nakheel’s second palm-tree shaped island, Palm Jebel Ali
November 14, 2009 9:33 by kippreport
Investor’s in Nakheel’s second palm-tree shaped island, Palm Jebel Ali, have rejected the Dubai-based developer’s offer for studios in compensation for delays in delivering villas, Bloomberg reported on Friday, citing Arabic language newspaper Al-Ittihad. The newspaper cited an unconfirmed department official.
The Dubai Land Department received approximately 600 calls from investors who rejected Nakheel’s offer.