| In a Massive shake up senior leaders of the Dubai Property sector,Dubai Holding Chairman Mohammed al-Gergawi, Dubai World Chairman Sultan Ahmed bin Sulayem and Emaar Chairman Mohamed Ali Alabbar all lost their seats on the board of the Investment Corporation of Dubai. In an attempt to revive the Real estate fortunes of Dubai Sheik Maktoum announced major changes to the real estate investment board the individuals concerned are household names in Dubai’s Property Industry .
The Real Estate environment needs new guidance in order to recover the fortunes of the Dubai real estate market and the limit of control of spending on past projects was not financial sustainable certainly in today’s world economic stage.
With recent positive reports on the condition of the property and real estate economy will improve property investor confidence.
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