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X Posted - hope this is of some help --- but it looks bleak

This was posted in a local newspaper My lawyer expained that this means Basically in case of a house sold at a contract value of 1M against which (say 80%) 800K has been already paid, and the buyer defaults - then he is penalized 1) 300K - 30% of contract value 2) 150K - 30% of...

What investors failed to see was the population statistics of UAE. The last census figures released with nationality breakdown was of 2005 Population of Asians - 75% Population of Locals - 11% Population of Arabs - 6% Population of Egyptians - 5% Other Nationalities - 3% Nationality breakdown...