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Emaar may scrap Burj Dubai towers project
- United Arab Emirates: Monday, October 19 - 2009 at 12:07
Emaar may cancel plans to build 13 high-rise buildings near Burj Dubai, the world's tallest building, the National has reported. The developer of the Downtown Burj Dubai project has allowed buyers since the start of the year to transfer their down payments on the buildings to other projects on the secondary market after sales dried up. However, brokers report that there has been almost no buying and selling of credit on the towers.
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StaffMonday, October 19 - 2009 at 12:07 UAE local time (GMT+4)
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