Talking with different Banks I get the impression that one of the main reasons Finance is challenging with the International City Project is that the Developer Nakheel has "dropped the ball" several times as well as "moved the goal posts" so they are reluctance to lend funds.
Nakheel is the "Master Developer" of International City however the plots were all sold to developers who the had to construct buildings that were in line with International City’s themes and aesthetics.
Once again when the project is completed more Banks will jump on board.
eyeC I checked with JBR they are saying they have 6,500 apartments 36 Residential Towers
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