3dventure emirate pearls

fery's picture

Hi investors
Is there anyone who has any news about this project and its developer 3dventure cause its 3 month their
website is closed and there is no news of them neither their project.
have they run away again for second time?

fery's picture

3dventure A13&A14

Company: 3D Venture Real Estate
Type: Property developer
Country: United Arab Emirates
City: Dubai
Postcode:
Address: PO Box 44582 Dubai UAE
Claim title: Legal Advice
Claim value: £30,000
Incident Date: August 2009
I have tried to speak with Mr Syed Arshi Mefhooz who tells me I am making deflammatory and uncalled for remarks about him on this website. Mr Mehfooz claims I dont know what I am talking about and that the property we have paid for is in fact our property. Mr Mehfooz claims he is no longer connected to this company 3D Venture real Estate and I should now deal with a Mr Rabi Youssef

This letter was sent to 3D venture real Estate regarding our legal position and still they claim they are doing nothing illegal.
Fax: 04-359353630th.August.2009

To,M/s. 3D Venture Real Estate
Tel: 04-3593535

P.O. Box 44582
Dubai, UAE
Without Prejudice.
As we act on behalf of our clients, in our capacity as their legal counsellors & representatives in the UAE, who has made available to us the documents pertaining to their claim whereby we are hereby instructed to notify you of the following:
Our clients have purchased Unit No. 412 in building D-21, Dubai Lagoon Project in the Emirate of Dubai.
Our clients have settled the sum amount of AED 171,500 (UAE Dirhams towards the abovementioned property.
To date, our clients have not received a sale and purchase contract to guarantee their ownership rights in the above mentioned property despite numerous reminders, verbal & written from our clients’ end.
Our clients were appalled in utterly shocked to realize that your company had purchased the above mentioned property from a principal developer and have resold it to our clients without obtaining consent from the principal developer which is contrary to the applicable laws governing the real estate market in the Emirate of Dubai.
Your above mentioned acts are in clear violation to the Civil Transactio Law, Article 246.1.
In the circumstances, we are instructed by our client to call upon you, which we hereby do, to notify you to furnish our client with the sale and purchase contract for the above-mentioned purchased property, whereby you are hereby obliged to comply within a time period not exceeding (5) working days from the date hereto, failing of which our client shall be constrained to initiate appropriate legal proceedings against you before the Property Court in the Emirate of Dubai where you shall bear entire risk as to all costs and consequences.
The foregoing is without prejudice to our clients’ right to seek any other legal remedies, which are available to them under law or equity, all of which are hereby reserved.
We reserve all the rights.
With respect,

On Apr 11, 2010, at 12:51 PM, I wrote

Hi Rabi
I have been given your details by Syed Arshi Mehfooz (he is copied into this e-mail) who tells me he no longer works for 3D Venture Real Estate. I always dealt with this person, and have been misled by Arsh/3d Venture for quite sometime now, therefore I dont trust anyone connected to 3D Venture Real Estate any longer. I have taken legal advice in UK and Dubai on this matter and know my legal rights therefore dont try to fool me as it wont work.
We purchased a studio apartment D412 on Dubai Lagoon development in 2006, to date we have, no contract, no property and you have £30k sterling of our money. You are grossly in breach of the sales agreement we originally made and we do have receipts for the purchase of this studio.
I worked in the construction industry and if the company I worked for,(who also have business interests in Dubai) delivered their contracts this late, there were very serious penalty clauses for late completions resulting in millions of pounds, this project is already 2 years over the due date.
I have reported this matter to Interpol as you, Arshi or whoever have obtained money by deception because you have offered us nothing in 4 years. Now I want my money back forthwith along with interest, and I want this money back right now. I hope this is clear and you fully understand where I am coming from, as this fiasco has gone on for long enough, and someone has/will take responsibility for stealing my money.
I have supplied Interpol with Syed Arsi Mehfooz name and details and I am now supplying Interpol with your details, therefore it wont take too long before they start making arrests I would hope.
Please do not ignore this e-mail because I am in no mood to be messed around or misled any longer - I hope this is perfectly clear.
Following a skype conversation with Mr Mehfooz I then send an e-mail to Mr Youssef who responds like this
HAHAHAHAHAHA!
Your email really made my day! Its really funny what inferiority complexes some people can have.
My Name is:Rabi Youssef
My Phone number: +971 509956777
my email: rabi@3d-venture.com
Now, please also report me to Interpol.
From now on, you can do whatever you want, i will only deal with you once i get a phone call from Interpol, followed by a fax from them.
Stamped and signed.
If not, forget to get any response from our side.
Lets see who is the liar here!
The language you use, is unacceptable and very rude. You can speak like this to your family, but not to me or my team.
I wish you a nice day.
Rabi Youssef
Head of Sales
After sending Mr Youssef the legal letter and advising him of this website which he chooses to denounce as per the latest e-mail
Thank you for suppliing me with a private made homepage where endusers exchange experience.
And you think we are foolish enough to believe your kindergarten-stories.
I wish you a nice day
This is our savings we are talking about and these people seem to think its all a big joke, therefore please do not take your custom to this company as this is what they actually think of their clients.