With the cost of a whopping AED1 billion, the Marina 101 skyscraper in Dubai is about to get finished, but the catch is that no one wants to buy it. It is the 28th highest building in the world, with 101 floors (hence the name Marina 101) and 426m in length. Recently, it was up for sale at the rate of AED361.45 million, but not even a single bid was made. They reduced the price by another AED 90 million, but still no buyers. This is quite a worrisome situation for the people who have bought apartments here at the price of AED 1 million.
#Dubai skyscraper #Marina101 finds no takers even after Dh90m offer price cut. Property owners reckon only RERA and other authorities can revive stalled 426m tower https://t.co/8YIDGYsD9o
— Gulf News (@gulf_news) June 25, 2021
