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.