Wednesday 17 August 2011

Dhahi for regulation of real estate sector

Lieutenant General Dhahi Khalfan Tamim, Commander in Chief of Dubai Police, has advised caution on real estate development in the emirate, while calling for regulation of new projects.

Speaking at a Ramadan Majlis organised by the Dubai Press Club on Monday night, the police chief, said: ‘‘Real estate should be allowed to slow down.’’

Dhahi said investment in real estate had created a beautiful city, the tallest building in the world and the largest mall. ‘‘We should calm down construction and the introduction of more foreign workers."

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