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Condo developer defaults on delivery

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1 Condo developer defaults on delivery on Mon Feb 13, 2012 5:15 pm


Arresto Menor
Hi, i have been paying for a condo unit in The Gallery Salcedo being developed by Crown Asia since 2007 and the agreed turnover date is 2012. Last month, i went to visit the site of the property since i am currenly based abroad and to my surprise, the developer is still in the groundbreaking stage. I havent been notified by email or calls from any of their representatives here in Dubai. My question is, what are my rights if i want to recoup my money back and am i gonna get all what i paid plus interest?

Thanks much - Jan Marquee

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