2016 completion date set for troubled Dubai Lagoon

Posted by: martin Sunday, 29 June 2014 9:29 AM[UAE] - thailand

now they have retracted the 15-20% discount offered as compensation and are charging full price. The payment plan they won't talk about and are demanding the balance on completion, and are sending me bullying emails to send them 1000dhs for off plan registration. They inform by email, failing to register now i will lose all rights to my purchase, of which I've payed 247,000dhs. What rights??????? Anybody else would be in jail like many of my friends for small money. How have these directors not been dealt with by UAE law???????

Posted by: Sam Wednesday, 4 June 2014 1:48 PM[UAE] - UK

Sam,

this is obsolutely untrue, have just been to Land Department in the month of April and they have informed , that, this project is cancelled and they even mentioned that, anothe builder might come forward for completion of th project, no idea , so far. Howeve, nobody has approached me until this day , hence, its looks false news. Any confirmation, please visit Land department and they will give you the same reply.

Posted by: Zaid aziz Friday, 23 May 2014 5:23 PM[UAE] - Birmingham uk

we have purchased two apts. in 2006. we were told that apt. will be handed over to us by 2008. but nothing has come out yet. every time different person calls and says apt will be ready by this year end . but so many years passed by nothing has happened. every time they call us with 10 or 20% discount if u pay the balance money now and they hurrying us for the payment. they will call us several times for payment but no outcome. they sending the progress report but same structure without any development. we have invested more than .half million. . this is our hard earned money. we did win the lottery
I wish if Dubai govt interfered. and give our money back at least. we wud be more than happy .t.. ;please we do not want their promises we want action.
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Posted by: jean shenava Friday, 9 May 2014 10:40 AM[UAE] - United Kingdom

I have invested my life savings into Dubai lagoon and still nothing to show for it. I do not get progress reports unless I contact them. I have never been offered any discount. I have repeatedly asked for the return of my life savings and been refused. Schon have had my money since 2006 and I've nothing to show for it.

Posted by: lina saldanha Friday, 14 March 2014 11:23 AM[UAE] - qatar

we have purchased two apts. in 2006. we were told that apt. will be handed over to us by 2008. but nothing has come out yet. every time different person calls and says apt will be ready by this year end . but so many years passed by nothing has happened. every time they call us with 10 or 20% discount if u pay the balance money now and they hurrying us for the payment. they will call us several times for payment but no outcome. they sending the progress report but same structure without any development. we have invested more than .half million. . this is our hard earned money. we did win the lottery
I wish if Dubai govt interfered. and give our money back at least. we wud be more than happy .t.. ;please we do not want their promises we want action.
.