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Nakheel ponders cheaper housing
- United Arab Emirates: Wednesday, October 25 - 2006 at 07:30
Nakheel is studying plans to integrate "affordable housing" into its future developments - meaning properties would be pegged at rental levels affordable for low-income earners, CEO Chris O'Donnell told Emirates Today. Meanwhile, the developer will have 3,000 of 3,900 apartments and villas on its high-end Palm Jumeirah development ready for handover by April 2007, Gulf News reported. The handover process starts at the end of November this year.
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James McInerney, News EditorWednesday, October 25 - 2006 at 07:30 UAE local time (GMT+4)
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This article was updated on Sat Nov 11 2006.
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