Sunday, 4 December 2011

Lawsuits filed over Abu Dhabi property - The National

Abu Dhabi is starting to experience many of the same issues that plagued Dubai's property market, with more buyers complaining about construction delays and treatment by developers.

Dozens of lawsuits have been filed over stalled projects. And many buyers have been upset at unexpected fees and the quality of construction in newly completed developments, agents say.

"You would have thought Abu Dhabi would have learnt from the mistakes Dubai made," said Paul Preston, the managing director of Elysian Real Estate. "But that doesn't seem to be the case."

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