Thread Status:
Not open for further replies.

Court asks developer to return Dh7.5 millon to investor

Discussion in 'Dubai property' started by NwAli, Mar 24, 2009.

  1. NwAli

    NwAli New Member

  2. PropGuy

    PropGuy New Member

    Interesting :)

    Finally some pressure on the developers to do things correctly.
  3. financier888

    financier888 New Member

  4. Doobedoo

    Doobedoo New Member


    Are Emaar & Nakheel exempt from this? How do you find out if a unit has been registered with the land dept?
  5. PropGuy

    PropGuy New Member

    I suppose not, above developer is Mizin which is also a Govt. developer like Emaar and Nakheel.
  6. sunitachadha

    sunitachadha New Member

    hi does anybody know how to find out if the developer has registered you with land department?
  7. NwAli

    NwAli New Member

    you need to go to land department to find out . if the project and the unit is registered in the land department ...

    if not the answer you will need to go to dubai court and file a case aganist them .
    to register . you need to pay 7.5% of the unit value or max of 30,000 per unit lawyer cost transalation cost you need to pay for them aswell .. and if their is Arbitration in your contract will take a minimium of 6 months when the court case starts and then will take time for the judgement . if in your favor its no garantee you will get ur money back as the developer time have ran away or be bankrupct.

  8. guillaume hess

    guillaume hess New Member


    Project and unit registration are not the only arguments that work! Strong delays and cancellations by developers can also get your money back!

    I work as a lawyer in Dubai and we have won a few cases against developers making them refund the entire sums invested and the 30 000 dposit for court expenses.
Thread Status:
Not open for further replies.

Share This Page