Property agents excluded from draws

ABU DHABI — Property agents and their staff are no longer entitled to apply in property draws, as per a decision taken by the Department of Commercial Buildings, Khaleej Times has learnt.


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By A Staff Reporter

Published: Wed 22 Aug 2007, 9:11 AM

Last updated: Sun 5 Apr 2015, 1:57 AM

The decision is aimed at giving greater chances to accommodation seekers, and preventing property agents from keying in their data in the computer system, which randomly picks up applicants to win any of the vacant apartments available, informed sources said.

A number of property agents, who won some of the apartments in the draw system, were found to have subleased the apartments at higher prices.

A Staff Reporter

Published: Wed 22 Aug 2007, 9:11 AM

Last updated: Sun 5 Apr 2015, 1:57 AM

 
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