Quote:
Originally Posted by drew95k9  hi,
I also have this same problem, I have bought a flat in 'Dubai Star' tower and have heard nothing from them since 2004. When I called yesterday I was told that construction has still not started and that there is no completion date? completion was due in May 2007 and now its indefinite?
Can they really get away with this? I have made up-to-date payments and they have never contacted me. |
i'm sorry to hear that so many people are being fooled by construction companies and agencies. i've been surfing real estate forums for some time now and posts like yours exist in every single of these.
all investors: try everything you can to get some kind of a guarantee by a local bank or other investors for your down payments.