Kingdom of Sheba plans shelved
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
IFA Hotels & Resorts upcoming resort located on the Palm Jumeirah island in Dubai has been put on hold, according to local trade reports.The Kingdom of Sheba resort, which was scheduled to open later this year, has been shelved, pending an improvement in market conditions.Dubai faces significant oversupply in the coming years, following the economic downturn which wreaked havoc in the emirate’s property sector.
Comments are closed.