Investors cry foul over Dubai property |
|
Dubai - Complaints by investors and buyers are piling up against brokers and developers as Dubai's real estate market enters the New Year.
The latest complaints are regarding EmaarEmaar
's treatment of investors and unresolved maintenance. Homeowners of serviced apartments in The Address in Downtown Burj Dubai say they have complained about nearly 100 problems but none have been dealt with yet. "I was charged fees from December 21 and I went to stay there on December 26. The apartment was open and it was filthy. We called security and housekeeping but [were told] 'sorry' and nothing more," one apartment owner said in an e-mail to Gulf News.
One owner also said there has been a 300 per cent increase in management service fees.
EmaarEmaar
, however, say the apartments are furnished and meet international standards. "EmaarEmaar
's Quality Assurance team is working with contractors to rectify any concerns," a spokesperson said. There has also been some confusion regarding developer DamacDamac
. Buyers of one-bed apartments in the company's Lakeside project were offered a BMW 3-series as part of a promotional deal in February. The cars were supposed to be delivered to buyers in the third quarter of 2008, but around 130 people are still waiting for their cars, said one investor.
DamacDamac
was quick to respond and requested that unhappy investors contact them directly. By Suzanne Fenton
© Gulf News 2009
Zawya Comment Policy:
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Loading ...
Post Your Tender Notices for FREE


(No Sign-in Required)
Zawya Tenders is a Tender Notices service entirely driven by contribution
from issuers in both public and private sectors. It is not an e-tendering service and is entirely FREE.
As an Issuer, you can benefit from posting an unlimited number of Tender
Notices for FREE and reaching out to an online community of bidders.
The service also offers you a tool to track the interest of bidders to your
tenders 'live' online.
from issuers in both public and private sectors. It is not an e-tendering service and is entirely FREE.
As an Issuer, you can benefit from posting an unlimited number of Tender
Notices for FREE and reaching out to an online community of bidders.
The service also offers you a tool to track the interest of bidders to your
tenders 'live' online.
| Real Estate Tenders | Due Date |
Community Buzz
Stories
Companies
Most viewed companies by Community in the last 24 hrs
| Company Name | Country | Industry |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Saudi Telecom | Saudi Arabia | Telecommunications Services |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Emirates Aluminium Company | UAE | Metal Production |
| Saudi Electricity Company | Saudi Arabia | Electric Utilities |
| Emirates Telecommunications Corporation | UAE | Telecommunications Services |
| Dodsal Engineering and Construction | UAE | Construction and Design |
| Roads and Transport Authority - Dubai | UAE | Regulatory and Administrative Bodies |
| Dubai Natural Gas Company | UAE | Gas |
| Pepsi Cola International (Middle East) | Region-wide | Beverages |
Projects
Most viewed projects by Community in the last 24 hrs
| Project Name | Country | Sector |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 | UAE | Industry |
| ENEC - Nuclear Power Plant | UAE | Power and Water |
| Abu Dhabi DOT - Abu Dhabi Metro | UAE | Infrastructure |
| Dubai RTA - Dubai Metro | UAE | Infrastructure |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Al Safwa - Jeddah Cement Plant | Saudi Arabia | Industry |
| Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway | Qatar | Infrastructure |
| Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway | Bahrain | Infrastructure |
| Al Futtaim Carillion - Marina Hotel (Yas Island) | UAE | Real Estate |







Loading ...
I think such problems in such high class apartments is usually unheard of, so shocking to hear something like this. [Report Abuse | Email to a Friend | Reply to this Comment]