Rumours but still not a confirmed source but almost true , tht nakheel already fired 400 staff and kepp firing till it reaches 1000 mark. Also Wind Properties are about to declare banktupcy, so anyone who has a tower in JLT with Wind should be very very careful. They have already defaulted on their plot payments .
Several top men at Emaar were sacked this week. As far as I know all westerners, seems Emaar wants to move backwards.
Source
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