Browse
related articles
Nakheel asks buyers to pay cash
- United Arab Emirates: Saturday, August 22 - 2009 at 11:16
Nakheel is asking investors using credit transfers for property purchases to top up their payments with cash, The National has reported. According to brokers, Nakheel has allowed investors in delayed projects to sell their downpayments to other investors who have already invested in other Nakheel developments through credit transfers. Brokers say it no longer allows customers to use credit transfers alone to fund instalments, and demands 30% of the payments to be made in cash.
Related Content
Article Options
Medilyn Manibo, Assistant News EditorSaturday, August 22 - 2009 at 11:16 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
