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Investments Rcovery Ideas

bismillah

dear all investores I thing you all looking for the best way of getting your hard earned money from the waste field that is called emirates city. we though this was a golden opportunity and a life changing moment when we all put our hard earned dollars/pounds/dirhams, riyaals etc. unfortunately there is no a single way right now even no legal way to get back something lost. ARRA, AJMAN GOV, LEGAL intitutions, COURTS and DEVELOPERS are all working together behind scense to get most out of investors and they are all protecting each other. A legal action would be good if you have a working system and I doubt very much that ther is on there. I would suggest try to form a larg group reperesenting all projects and the group must travel to UAE to carry out a planned legal protest in which we demand to speak to ajman governement and ARRA officials. in this way we could attract attentions and hopefully something may come out of this.
so far we have taken no action and this enables develepoers and their LAW making friends in AJMAN stay off any bad publicities. taking such action is now urgently required by investors.

looking for up date on the pardise lake tower b5

I would like to join you
Hello to all investors, I bought a flat in tower B5 in the paradise lake in 2007, I paid 58 present from the price, on the condition of receiving the flat in 2009, so far I did not get the flat and I stop paying money, sweet home keeps given wrong dates for completion, could anyone tell me what to do, as I am fed up with this story, and if there are any action, inventories would like to take, I will be happy to join them.

i'm agree

I support and adhere to the petition even if no live in UAE, how can I participate?

best suggestion

we are all with your suggestion MR ABDUL REHMAN best strategy described.

akhiabani's picture

Best...

These people are professional crooks and have no shame what so ever.Over two years past the completion of the worlds largest single phase construction,They just put a new billboard saying it will grow bigger.... Yes it will ...in twenty years maybe. More lies ....
The only way to get money is by going to court.

akhiabani's picture

Legal aid

We need to find a lawyer that will take small amount upfront as a retainer with a promise of bigger pay after winning the case. I have tried at least 20 law firms with no luck so far. Can not afford 1500 dhs. per hour right now.It is a crime that Arra did not set up a dispute committee as promised.

lawyers

they are so expensive every one wants money upfront need to find one who will take some fixed amount after winning he can make lots of money after all the members pay him after winning

active lawyer

i know one who is also actively involved in the media but wants money upfront how can one convince the lawyer to be paid after the big win?

I will join in for legal action

I will join in for legal action. There is no other way but direct action against these shameless theives.

akhiabani

Did you find a good lawyer????

akhiabani's picture

Lawyers

There are two that I like. Afridi &Angell and TLG. If you are in uae you can go and talk to them for free.

no

not in uae

Afridi &Angell

i saw their website got really impressed with them these are really the kind of people we need very professional.

D 14 Pearl tower

Hello to all investors. If ARRA is not taking any action , why can't we approach our concerned Embassies/Consulates in UAE to act on our behalf ? Let the grievances of the investors should be brought to the notice of the concerned Foreign Minister as they are the sole guardian to protect our investment and to take follow up action with ARRA. This is only a suggestion.
Hope this suggestion is acceptable to all investors.

Lets approach our embassies

Acchutan, you are right. Our government should help us. Anybody can check or have ideas of how we can approach?

sabitha achtuthan

your proposel its really great in simple way .i have unit with my wife in emirat city ( lake view real estate )-we have diffrent nationality ( switzerland and finnland ).we went to both ambassy in Dubai .they told as its privat things .you invest alone and even if we have some possiblity to do something we cant do nothing beacuse Dubai govermnet have diffrent low as in europ .they told us if in europ will be much much easy.that mean they cant take the case to UAE foreign minster .they advice us to take some lawer .

Thank u sukri. I agree with

Thank u sukri. I agree with u. The law of Dubai Govt. is entirely different. If any other source to get back our hard earned money Pl. enlighten. Trying to open all the doors, but it seems of no use. Only pray to God. HE will show us the way.

umahmed's picture

I am in Dubai,

Hello everybody,
I am in Dubai and I waiting if we make a group but no one take any action.
Atleast as a group we can even see a lawyer and pay all of us little money.
Please don't waste ur time, unity is strength so let's together face these frauds.
Thanks

hello investors, Since

hello investors, Since Umahmed is in Dubai, investors based in UAE may please contact him and make his efforts successful to meeting a lawyer. Time is running out and it is high time to meet the lawyer and to discuss with him about the future course of action. I will be one of u to bear the cost as I am away from UAE. Best of luck.
Sabitha

akhiabani's picture

umahmed

Which project have you invested in?

hi, I have invested in D-14

hi, I have invested in D-14 Pearl Tower of BSEL. I will be happy to support to those who come forward to recover our hard earned money which is blocked for more than 4 years. Thanks

i am in

Please contact lawyer its high time we need compensation for our FINANCIAL ,PHYSICAL,MENTAL AND EMOTIONAL SUFFERING.can t take it any more

Combined action

It's about time to take combined action. Pls all u guys who live in UAE try to meet a lawyer n assess any possibilities. As far as those residing outside UAE, will definitely come & discuss the case n cost. But firstly, initial step must be taken by u guys living local. V all know very well now that they won't budge unless v get together.

umahmed's picture

I purchased in FR

Me and my husband purchased 2 units in fortune building, please contact me we all go first to Dubai police and then see a lawyer. ARRA until now not given us any solution so don't waste our time. We bought from fortune homes in Dubai, they also making investors fool as they change their name, it's now 3G. So let's cooperate. My # 0507748272. My Email omahmed5@hotmail.com. Also went to ARRA and R holdings before 1 year, it was useless they are making us fool by offering swap in their(r holding) building with higher price!! In the EC.
So it is better we all together face these crooks. Thanks.

umahmed

Please keep up the good work please give us the details of legal action talk to the lawyers that we not only want refund but also compensation for our
emotional financial and mental suffering.ANGELL AND AFRIDI LAW FIRM is excellent .

We are joing in in taking legal action

I visited Sweet Homes office in September 2011 and they told me completion will be in December 2011. I then drove to the site and saw no activity and very little progress from my last visit in December 2009 so was wondering how would that possible they can complete in three month.

Within a week or so I received an email stating that it could take a little extra time to complete but by February 2012, it would be complete and handed over. In the sme email they said if we pay the balance which was only 13%, they would waive the penalty charges due to us stopping the instament payments(almost 80% paid) which I thought was adding insult to injury.

So we have lost confidence and the only action left is to take legal action. I was visiting Dubai again in January this year so I visited a local lawyer and he suggested all victims to get together in taking legal action as otherwise it can be costly for one person. He was mentioning cost approximately around 70,000 dirhams to bring the case to court.

Waiting for members feed back and a speedy cooperation among us victims to recoup our hard earned investment, loss of interest and the stress and pain we suffered as a result.

Thank you.

updates on ajman uptown project and legal action to recover fund

I suport join action, have you found the lawyer in dubai
There is TLG solicitor in dubai - their advert on website says they take case on no win no fees basis, I got these contact details from forum members who posted in 2010/11 - worth trying
I have villa in erica in ajman uptown, I know some members
sunil@sunilthacker.com
Te: 00971 50 2427334
www.tlg.ae
www.sunilthacker.com

www.ecademy.com/sunilthacker

contact him to find out what happen about the cases which was dealing with no win no fees basis for goldcrest dreams project of star giga
see there testimonials

i am in

i am also victim of sweet homes i am ready to persue legal action TLG is very good legal firm.Lets get together

EC Investors Meeting......... BE THERE....

Dear Investors,
We a group of EC investors are meeting tomorrow at Al Safa Park, Dubai at 4.30 Pm. Pls be there....
More details are available captioned as EC Investor meeting in the recent posts....
Regards,
Philip

Please attend the meeting

Dear friends,

Please make sure to attend the EC meeting tomorrow the 23rd March. Unity is strength. We must show our strength and also pl. speak and share ur ideas. Investors in uae, pl. do not miss this golden opportunity. We, the outside uae, are always with u for everything. All the best for a fruitful meeting. May God bless u all.
sabitha

I will join in for legal action

It seems to me that the intention of Sweethomes looks more like a robber than a trusted developer. They would use all their means to run aways with the cheques that the unsuspecting investors had trusted them for. They seem to talk like a big company of robbers who are trying to show a sweet face of innocent front desk ladies to trap more of the investors money. I will join with you people for any joint legal effort.

I will join in for legal action

It seems to me that the intention of Sweethomes looks more like a robber than a trusted developer. They would use all their means to run away with the cheques that the unsuspecting investors had trusted them for. They seem to talk like a big company of robbers who are trying to show a sweet face of innocent front desk ladies to trap more of the investors money. I will join with you people for any joint legal effort.

see below what I received

see below what I received from Sweethomes ... for any legal action please count me in quick!!!

"Greetings!
We would like to remind you that your outstanding amounts are still remain unsettled ‘til this date. Please find attached your statement of accounts along with the details of uncollected installments for your reference.

We request you to come forward and clear your outstanding and other related issues regarding your property. Management is open to provide you several options to re negotiate your payments by offering DISCOUNTS, ALTERNATE soon to be ready properties (Ajman Uptown Villas), construction link payment plan, merging or swapping of the properties.

Your earliest response with in 7 days of receiving this letter will be really highly appreciated. Your ignorance will not finish or waive your liability.

Note: To keep you posted regarding the construction progress please visit our website (www.sweethomesuae.com). In case you already paid please disregard this reminder and send us your proof of payments so we can easily trace the amounts and update your payments accordingly.

Thanking you and we look forward for your immediate reply.

For any further clarification and assistance please do not hesitate to contact me.

Kind Regards,

Naima
Customer Care Department
Email Logo.JPG
5th Floor, Falcon Towers (B1)
Al Rashidiya Area, Ajman
United Arab Emirates
Tel : +971 6 7499090
Fax : +971 6 7315978
www.sweethomesuae.com"

akhiabani's picture

Legal action

I have been preaching this for a while..Seems like most of the investors have given up.
10 investors from the same project each puts 6000 dhs or less. We file a case. After winning the rest of refunds can easily be negotiated from the losers. To me it seems to be the best way of getting our money back.

see below what I received

see below what I received from Sweethomes ... for any legal action please count me in quick!!!

"Greetings!
We would like to remind you that your outstanding amounts are still remain unsettled ‘til this date. Please find attached your statement of accounts along with the details of uncollected installments for your reference.

We request you to come forward and clear your outstanding and other related issues regarding your property. Management is open to provide you several options to re negotiate your payments by offering DISCOUNTS, ALTERNATE soon to be ready properties (Ajman Uptown Villas), construction link payment plan, merging or swapping of the properties.

Your earliest response with in 7 days of receiving this letter will be really highly appreciated. Your ignorance will not finish or waive your liability.

Note: To keep you posted regarding the construction progress please visit our website (www.sweethomesuae.com). In case you already paid please disregard this reminder and send us your proof of payments so we can easily trace the amounts and update your payments accordingly.

Thanking you and we look forward for your immediate reply.

For any further clarification and assistance please do not hesitate to contact me.

Kind Regards,

Naima
Customer Care Department
Email Logo.JPG
5th Floor, Falcon Towers (B1)
Al Rashidiya Area, Ajman
United Arab Emirates
Tel : +971 6 7499090
Fax : +971 6 7315978
www.sweethomesuae.com"

akhiabani's picture

Re Legal action

It is just mind bugling that day after day there is absolutely no response from the crooks.Something needs to be done.Obviously they are not building so we should get our money back and there is no authority to question them.

dont be afraid

I received similar mail , went to the office any my answer to them u wl find it as seperate post under my name 2 weeks back , they have nothing against us ,just crying to suck more money from inocent investors