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Originally Posted by wayneis
Sorry to here about your delay Mansoor Alam
ikqureshi The reason you were told sounds like a cop out as my I.C. has been delayed around a year with no explanations and I am in Phase 1. nakheel has known for a long time that the projects would not be out on the published time
You will have a hard time proving Force Majeure some examples here
Facts are virtually NO PROPERTIES come on line in the advertised time line.
There are STILL many projects being sold off the plan when the developers and the Agents both no there is a delay however they are not advertising this for obvious reasons.
As I have mentioned before you have a problem here that is not yet covered by legislation to protect the consumer, that is there are virtually no consumer protection laws in Dubai.
Developers can and do advertise glossy brochures with claims that give the purchaser the impression the development will be surrounded by greenery or water when the end result will be very different.
To sum it up there are delays in all building projects in Dubai, just that many are not advertised. |
Thanks Wayneis for an enlightened explanation. I am still hopeful that it will be a fruitful investment. But the Developer must bear some penalty, like payment re-scheduling in case of delays.