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Old 08-03-2007, 08:57 PM
romaforever romaforever is offline
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Join Date: Mar 2007
Posts: 24
Default How do I know that the developer finishes the building?

I am thinking to invest in Dubai,
But I read an article that several developers have serous economical problems and they risk bankrupcy. To avoid this, they try to have some cash flow and so they put prices BELOW the actual cost to build the apartment. This may create a HUGE risks for new investors like me. The risk is to buy and never see the property completed, so legal actions, loss of large portion of the invested money....
How do I protect myself? What are the "solid" developers with a good financial situation that I can trust? Thank you.
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