Jun 21, 2009
Sulaiman al Fahim and Hydra ....plus his football interest in Manchester City are mentioned on visit-dubai.co.uk .
What is the latest news regarding the Hydra developments? Are they ALL on stop with him in both Dubai and Abu Dhabi ??
If so, Hydra is going to get a very BAD reputation abroad. Investors need to be able to TRUST developers. Otherwise, the news will travel like wildfire and no-one will buy anything from Sulaiman al Fahim.
You cannot leave a multi-storey building half finished. That's why it is better to build villas one small section at a time instead of high-rise apartments. Then you have a chance to sell them off to finance the next lot of villas.
High -rise blocks are a HUGE gamble !! Of course, the profits are bigger if they come off !!