Friday 19 September 2014

No repayment from failed Abu Dhabi development, despite court order | The National

No repayment from failed Abu Dhabi development, despite court order | The National:



"In 2008, my husband and I invested in some off-plan hotel-serviced apartments with a major developer based in Abu Dhabi. Unfortunately the developer decided not to go ahead with the project, building normal residential towers instead. The developer would not offer compensation or any refund to us, so we had no choice but to take legal action. Four years ago we won our case in the Abu Dhabi courts, which then gave an execution order for the developer to pay back our money. Four years on we still have not received a dime and the developer is still operating and has now finished building some of these residential towers on Al Reem island. Our lawyer based in Abu Dhabi is no longer pursuing the matter and is not replying to our phone calls or emails. I have been in touch with others in a similar situation who also won their court case but have not received any money back. The amount of money owed to us is substantial. What can I do now to enforce the court’s execution order? MD, Abu Dhabi"



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