Showing posts with label Palm Jumeirah Dubai. Show all posts
Showing posts with label Palm Jumeirah Dubai. Show all posts

Monday, 16 May 2011

Dubai Palm Jumeriah - Investors plan to take legal action

Investors in Dubai Palm Jumeirah’s Golden Mile complex will this week serve
the developer behind the project with a legal ultimatum to hand over
their units or issue them with a refund.


Up to ten investors in the luxury complex plan to issue Souq
Residences with legal notice in a bid to force a resolution to a dispute
that has been ongoing for more than a year.

 “Most of us purchased these properties back in 2004, we paid for them
in full back in August 2009,” investor Martin Lawrence told Arabian
Business.

source Arabian Business continue reading.....