Just when the sheik of Dubai is trying his best to make Dubai real estate marked as bountiful and straight as possible, there are unfortunately smelly fish in the water!
Al Zahra Real Estate is apparently one of them.
Even by looking at their website one can tell that there is something fishy there.
The latest news on their website were added on 21 July 2007, so more than a year ago.
The 4 projects on their website that flashes in your eyes are:
1. Eden Blue (which has nothing to do with Al Zahra as far as I am informed).
2. Sunrise Gardens, not existent if you enter this site, you get transferred to Sunset Gardens.
3. Eden Residence, non existent!
4. Sunset Gardens, well this is the whole reason for this website!
What is going on with Sunset Gardens B? Nothing except Al Zahra has taken the investors money, and this is apperently where the story ends. Or does it?
Companies like Al Zahra Real Estate and Aspire give Dubai a bad name, investors will move out of Dubai and invest in more safe places. The media in Europe are just waiting for a scandal in Dubai after all the happy stories of being the best in the world and the crime free environment. Well maybe it is not so crime free after all.
