Hi all,

Having read through the thread about the Badrah launch I must say that i missed out upon the most important issue about this launch. It is for me funny and also typical for Dubai, that you hear some blaming Nakheel for un organized and un ethical treading towards investors or others claiming that it's the investors that are greedy. However what I miss is someone questioning the main purpose of this development and the success of achieving this purpose by Nakheel.

Nakheel stated that with Badrah "we want to create more affordable options for middle and moderate income buyers." and that "Badrah is an ideal opportunity for a new group of professionals to get onto the Dubai property ladder."

Both with the way Badrah units were distributed and sold, and the premiums going around in re-sale, I am wondering how affordable this units will be to moderate income buyers...

Were there any mechanisms (such as no re-sale possibility or others) put in place to make sure this development will reach it's goal, to be a accommodation the middle calss residents in Dubai...

Please note that I am not criticizing either Nakheel or the Investors, as I know, it's difficult to achieve this, but just wanted to give an other insight to the discussion about the Badrah development.

Regards,

Salman