Nakheel impounds children’s toys on Palm Jumeirah

Debt ridden Dubai developer confiscates bicycles, strollers and games
By Staff writer
Thu 17 Jan 2013 10:29 AM

Debt ridden Dubai developer Nakheel has confiscated a large number of children’s toys lying outside apartments on the Palm Jumeriah.

The move – which has shocked residents  - came after the company sent residents a notice on January 9, warning that all personal belongings in common areas had to be removed within 24 hours.

The notice, on Nakheel headed paper, said: “Any belongings such as bikes, bicycles, strollers table, chair, toys, found in the common areas after 24 hours will be considered abandoned and will be removed by the security.”

Residents told Arabian Business they were shocked after several children’s toys – many which were Christmas gifts – were taken.

“I’m staggered, the notice said common areas, and it wasn’t clear that meant the area outside your own door. They didn’t even knock, they just took all my kids toys. I’ve never seen any company behave like this,” said one.

Other residents said the company was refusing to return the toys. “I had to threaten to call the police. They told me I needed a release form just to get my two-year old daughter’s bicycle back. After what happened last year with service charges, this is the last straw, we will move out as soon as possible. The atmosphere is very bad to say the least.”

Nakheel did not respond to enquiries from Arabian Business.

The company has been made to write down the value of its real estate assets by US$21.4bn since 2008 and has been forced into a US$16bn debt restructuring plan.

It has also been in a  long-running battle with its customers on the Palm Jumeirah since December 2011, when it banned more than 1,300 residents from using the beaches and gyms at its Shoreline Apartments residences and claimed it was owed US$20m in unpaid service charges.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.