Home Property News Damac accused over selling flats on UN site in Dubai
 
Damac accused over selling flats on UN site in Dubai PDF Print E-mail
Written by Administrator   
Thursday, 16 July 2009 13:53

A UK lawyer has accused Dubai property group Damac of selling off-plan units on a plot which it knew was occupied by the United Nations (UN).

The UN has a considerable presence in Business Bay - and occupies the site where Damac plans to build two residential projects: La Residence and La Residence 2 at the Lotus.

The projects were launched in late 2006 and early 2007.

Retired lawyer Jeff Kershaw, who lived in Dubai for 11 years but is now based in the UK, is preparing legal action against the private developer over the dispute.
His UK-based client, who is one third of the way into the payment plan - having paid instalments worth AED420,000 on the property worth AED1.39m - is demanding a refund, which the developer is so far refusing.

Damac accused over selling flats on UN site in Dubai - Real Estate - ArabianBusiness.com

Last Updated on Thursday, 16 July 2009 13:54
 
You need to login or register to post comments.
Discuss this item on the forums. (0 posts)

No Comments.
 
Featured Links:
Sugarsync
2GB Free online storage - automatic sync even with multiple computers

Polls

Dubai Property Will you invest?