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Status: Closed — this petition is no longer accepting signatures.

RERA Help us

RERA Help us

Closed — 480 supporters Verified

Final supporters

F
fayyaz
J
James& P.
S
Shahab A.
C
chahla
A
Andrew H.
N
nasser
D
Darren C.
S
Someone
H
Hong S.
H
Hanah K.
+470 more
IK
Started by Ilian Kamenoff 14 years, 6 months ago
We are the 2005/07 Investors of Dubai Sports City. Many of us wanted a holiday home in Dubai for our families and before that we were part of the successful Tourism Industry that frequents Dubai every year. Some of us were planning to make Dubai our new home. We are not gamblers or speculators that invested beyond our means. Our money was supposed to be protected by the escrow accounts. We were promised stadia and infrastructure. It is now 2012 with no end in sight... The Developers have defaulted on mass scale since according to our contracts our projects were supposed to be completed between 2008 and 2010. Until today we have not received any request for an extension ofour contracts and noexplanation about why the projects have been stalled. Many of us were askedformore money and some of us were told thatthe construction was in progresswhen it was not. Many projects have stalled for years,but those Developers are still allowed to hold our money until "the market improves". Despite numerous contacts withRERA our rights have not been upheld. Furthermore RERA is delaying the cancellation ofnon-vital projects. We feel thatthis inaction has an additional negative impact on theDubai economy and more precisely on itsreal estate market. It is our belief thatif RERA applied the law equally to Developers and Investors, we would be allowed to choose to receive refund of our money as per our contractsandcouldthen reinvest the moneyin viable projects. If the Developers have misused the money they should be penalised according to the law. We, the undersigned hope for the best future of Dubai. As Investors in Dubai we ask: 1. The Government to stop the Developersdemands for additional payments beyond those already contracted; 2. To provide every Investor with escrow/trust fund/invested money information in every project in DSC so Investors can make informed decisions, 3. Create new escrow accounts for new payments, 4. Require the Developers to use themoney already invested into the projects tocomplete them; 5.Mediate disputes between investors and Developers and come up with practical solutions -don't send everybody to courts.

Updates

May 6, 2013

we are almost at 500 signatures and i really need everyone to help us push past this milestone today. if you can drop the link in a group chat or post it to your feed it would mean a lot since we need this momentum to show rera we arent going anywhere.

April 10, 2012

it feels good to see so many of us finally connecting on this since we have been stuck in the dark for so long. seeing this kind of energy shows that we arent alone in waiting for answers from rera. lets keep this momentum going so they cant keep ignoring us.

Reached 100 supporters

March 10, 2012

March 8, 2012

we are getting so near to 100 signatures and its really starting to pick up steam. lets keep this momentum moving so we can show them how many people are actually being hurt by this.

10 Comments

T
Talib Al-Jalili
10 years ago Featured

I was lured to the scam deal of Chapal the Glory in Ajman, where the fraudulent developer collected 70% of the purchase price while the progress did not reach even 5%. Where is RERA and the authority from such a scam. We all need to scream loud and employ whatever diplomatic and / or legal action possible to get back our money. Initially , we were excited to have a winter home in the UAE escaping the freezing winter in Canada. We did not realized that we are going to live with nightmare due to the scam deals of such crooks. We need to join forces to combat those dishonest thieves and hold them accountable to their theft and criminal act.. T. Al - Jalili , Canadian In Bahrain

A
Ashraf Abumaraq
12 years ago Featured

I am a 2007 investor in the Cube and Wings of Arabia and was a victim of a double scam!

A
Andrew Haynes
12 years ago Featured

I purchased an apartment in Dubai Dunes which was launched 2007, it was due for completion in 2010. Now early 2014 i have had no contact with the developer in several years!

D
Darren Chatwin
12 years ago Featured

Why isn't RERA pressing the banks who are responsible for setting up the escrow accounts to honour their agreements.

A
Anonymous
12 years ago Featured

My parents have invested and bought an apartment in Dubai with the dream of having this place available for the kids and as an investment for their hard earning money in the current uncertain situation in Iran. They have made all the payments and they have been running around by the institution that have orginialy sold them the apartment. Please help us and many others to get these apartments back. This is not right! My parents are old and don't know much about the current systems specially in language other than their own native language. Please help!! Thank you,

A
Anonymous
12 years ago Featured

In 2007 I have bought studio in Jouri 1 from Al Masah Development. I have paid all the amount, but still no the apartment, no money. Hope Government can help us! We love Dubai and want our family to go there every year.

J
James& Patricia ONeill
12 years ago

Our Suite is 520

C
chahla
12 years ago

escroque par un français expatrier a dubai dans l'acquisition d'un achat sur plan avec le promoteur Chapal et Triplanet nous sommes deux victimes nous voulons vous rejoindre dans votre groupe