Quote:
Originally Posted by georgihh
Dear all,
Jafza is a problem to get a license than comes nakhell, EHS, CEO to many problems
We have bought a shop last year October and still not pass CEO.
But the same procedure becomes standard for Dubai.
It is very difficult to run a business
Some people are already very upset and sell the shops for 600 per sqft.
Around 100 shops are occupied from the total of 3000
That’s mean if nothing changes all of us will loose
I remember at the beginning the price per sq ft for a shop was 600 and now is the same.
Unfortunately 3000 shops is a lot and will never happen.
This is to show that the property market is cracking from the ground floor.
If they build the metro to international city things might change but for now nothing is happening
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if the owners write to jafza collectivly , and tell them about the plight maybe they increas there saff . in the long term maybe they have to think that ,they may be able to sell a million reidential properties but only give licence to a few to open the buisness . the bubble has to burst .