
Dear xxx
Your account continues to remain in serious default.
We are sure that this is an oversight from your side and now need your attention to make an IMMEDIATE payment of the overdue total installment(s) amount ( 166,000.00 AED ) and penality charges ( 144,839.80 AED, )
in the Escrow account Provided below , Please give this matter your URGENT attention and send your payment at the earliest.
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LOL LOL LOL
my reply was as follows...


I looked through the recent photos and I am in shock. I believe EC will at completion a substandard housing project: Let's compare to finished projects in Ajman City: Falcon Towers, Horizon Towers etc.
They look pretty good from the outside and seem to have a ll the amenities promised. The shock comes, when you see the flats from the inside and you discover, how dated and old fashioned everything is.
I have created a facebook page for discussions about Ajman property. Please use the page to get connected and discuss all issues including opportunities..
http://www.facebook.com/AjmanInvestors
I will be traveling to Ajman next week and figure out what's actually going on..

After I took photo from towers in EC , I went to REAL ESTATE INVESTMENT office in Ajman and spoked with agents there.
The result could be nice for many investors.
Thay said we never refund cash to the investors and also may never continue to build Rose tower again but we shift them to other place.
they delivere ready flat around garden city in ajman in 20 days then investors start to pay its amount till 36 months.
for example :
If an investor paid 100,000 Aed till now, thay give you a ready flat 250000 AEd then they consider the 100000 AEd that investor paid and finally

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