To: The Management of Yas Beach Residence

Dear Esteemed Management Team,

We, the undersigned investors of Yas Beach Residence, write to you with utmost concern and urgency. Our financial stakes, aspirations, and trust are deeply vested in the success of this ambitious development. However, the current state of affairs has left us disheartened, anxious, and compelled to seek immediate action.

1. Project Delays and Transparency:

We acknowledge that large-scale construction projects can encounter unforeseen challenges. Nevertheless, the lack of transparency regarding the specific issues causing delays is both disconcerting and detrimental.

As investors, we demand a comprehensive account of the obstacles faced by the project. We seek clarity on the following critical points:

Contractor Challenges: What precisely are the issues with the current contractors? Are there contractual disputes, financial constraints, or technical hurdles? We require a detailed assessment.

Communication Breakdown: Why has information flow to investors been inadequate? Transparency is not a mere courtesy; it is our fundamental right. We insist on regular, substantive updates.

Mitigation Strategies: What concrete steps are being taken to address the delays? We need assurance that every effort is being made to expedite progress and safeguard our investments.

2. Revised Completion Date:

The original completion date of Q4 2025 was a beacon of hope for us—a promise of a vibrant community rising from the sands. However, recent developments have shattered that optimism.

We implore you to provide a realistic and precise revised completion date. Our financial planning, commitments, and expectations hinge on this crucial information. Transparency in this matter is non-negotiable.

Furthermore, we seek details on the measures being implemented to ensure adherence to the new timeline. Accountability rests squarely on your shoulders.

3. Legal Obligations and Investor Rights:

Under Abu Dhabi and Federal law, both you and the management team bear legal responsibilities toward investors. These obligations extend beyond mere fiduciary duty; they encompass ethical stewardship.

We remind you that our investments represent hard-earned savings, retirement funds, and dreams of a better future. We deserve respect, transparency, and unwavering commitment to our collective well-being.

Immediate Action Required:

We set a deadline of 30 days for your response. During this period, we expect the following:

A comprehensive report on the project’s status, including challenges, solutions, and revised timelines.

A commitment to regular updates moving forward. Silence is not an option.

A strategic plan to address investor concerns and restore confidence.

Should our reasonable requests go unanswered, we will explore all available avenues:

Legal Recourse: As a collective, we will seek legal guidance to protect our rights and interests. Our resolve is unwavering.

Conclusion:

Yas Beach Residence embodies more than bricks and mortar; it symbolizes our shared vision—a testament to collaboration, innovation, and prosperity.

However, we cannot remain passive observers while our investments languish. We urge you to act swiftly, transparently, and with unwavering commitment to our collective success.

Thank you for your attention to this critical matter. We await your prompt response—a response that echoes the gravity of our concerns.

Sincerely,

The Concerned Investors of Yas Beach Residence