I think you will find that ARY are the property owners, and as such Nakheel must honour their agreement with them. They do not have any control over second hand sales, but are getting involved as is the UAE goverment and putting tremendous pressure on them to sort themselves out. Which is a lot more than would happen anywhere else in the world. If this were to happen in the UK, we all know the property developer or the goverment would not give a damn. All you would get from them is caveat emptor!
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