Failed to complete project; court also cancels purchase deal
The Dubai Real Estate Court has ruled recently that a real estate firm should pay back Dh423,000 to a customer (the complainant in the case), after it has been proved that it had failed to complete a property project he had signed up to purchase.
According to a Khaleej Times report, the court also cancelled the purchase deal which had been signed by the complainant and the property developer in September 2008.
According to the court order, the firm has also to pay up a legal interest of 5 per cent as of the claiming date in September 2010.
The complainant sued the firm after it had failed to complete the property project he had signed up to purchase.
To prove his claims, the complainant provided the court with an original copy of a letter from the Land Department showing the details of the project.
He also presented a copy of the purchase deal of the plot with its proper legal translation.
In the course of the legal proceedings, a report issued by the department showed that only 1.5 per cent of the project had been completed.
The findings were confirmed by an independent engineering expert hired by the complainant.
© Emirates 24|7 2011
