Abu Dhabi developer Al Maabar won't allow anyone to buy more than two units in its Morocco development in an effort to limit the role of speculators.
"We don't want the area to be empty," managing director Yousef Al Nowais said in an interview with The National this week.
Al Maabar is building the 512,000-square-metre Bab Al Bahr development outside Morocco. The project will eventually include 1,700 apartments and villas.
The first phase of 150 apartments is due for completion by the end of June.
The role of investors has become a hot topic for developers. Many builders believe speculators helped cause the market crash by artificially driving up prices and subsequently defaulting on purchases when the market declined.
Some developments turned into ghost towns, with homes owned by absentee investors.
Al Maabar also will likely limit purchases in its Aqaba development in Jordan, Mr Nowais said.
"In order to keep the sustainability, you have to keep a development alive with people," he said.
To read more of the interview with Mr Nowais, click here.