Realty News from UAE

Property refunds to be issued under new Dubai law

17:40 - 25 Jan '10

Under new laws planned in Dubai property investors will be eligible for refunds or replacement property if they fall victim to unscrupulous or failing developers, the National has reported. Developers also will face new financial penalties if the buildings they promise are not delivered on time, or to agreed specifications.

Comments



Join our mailing list!
First name:
Family name:
E-mail: *
Subscribe
Unsubscribe

[an error occurred while processing this directive]

[an error occurred while processing this directive]


© 2005-2006 RealtyMarket.AE

http://www.RealtyMarket.AE