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I would like to coordinate with everyone and get in touch with paparulo since I assume he is the facilitator of the team.

As you know, a new developer (IAH) has taken over the project from the original one (KM Properties). Now they are sending out NEW contracts to investors where they change areas, payment plans, etc, adding new clauses, etc.... It is important that we as a group review the changes and negotiate what is best to our interests.

Please join the discussion and see how we can accomplish this! We appointed a lawyer and filled cases in the court. In case you need assistance of our lawyer, I can give you his name and his contact. We appointed a lawyer and filled cases in the court.

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If you know one, and I know another one, we are already 4 investors with the same concerns: changes in the area, new additional terms like the right to increase the price (!

According to the law in Dubai, if the property is not complete in the date mentioned in the Sale and purchase agreement, or if the apartment sale and purchase not registered in Dubai Land Department, the purchaser or the investor can go to the court to claim his money back from the Developer.


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