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Dubai, UAE

How can I get refund for a canceled project and delay in handover?

Good evening,

I invested 90% in a property in 2006. The initial developer was jailed, and then it was sold on to another developer.

When I lived in Dubai, I went to the Land Department many times but got nowhere. The new developer was given a deadline to start, and that kept changing.

I am now in the UK and have emailed the land department many times, but they don't reply. Finally, they replied to me on Twitter on 21 December 2021. Their words were:

'We would like to inform you that the project is under transfer to the Cancelled Projects Committee. It is currently under study. Time took: about two months'

I'm not sure if 'time took' is just a language error, and they mean that it will take two months. And I don't know what will take two months, to transfer, to cancel or to get a refund?

Obviously, the main thing I want to know is how to get my money refunded as it has been 16 years!!!!! But I'd like to know what the process is. I still have the original contract.

Thank you

Momentum Legal & Management Consultancy
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7 Jan 2022, 18:56

Hi,

The canceled projects committee has a project liquidation process and then they can find out if the amounts and assets available are enough to compensate the full amount or part of it.

Please share more info on the project to advise how you can register your rights and follow it up.

Sayed Abdalla

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