Has anybody bought in Lusail with DAMAC? ATTENTION - IMPORTANT!
To all Damac Owners,
This is a message for anybody out there who had bought a property with DAMAC in Lusail. For those who haven’t been informed DAMAC hasn’t even started the construction of any of Lusail projects. Therefore some of the Banks who gave us a loan had stopped their payments due to this situation. Banks in Qatar had requested DAMAC to be provided with certain guarantees that the projects will be finalized or at least the construction would start. DAMAC had failed to provide these documents because they haven’t initiated anything.
Is anybody out there is in my situation please contact me and together we can demand explanations to DAMAC. If we fight together our force will be bigger and our voice will be heard.
I had paid 40% of a unit there and if they haven’t started construction and they are facing a delay of a minimum of 3- 4 years, I would like my money back….
Please let me know and inform all of your friends who had bought properties there. This is the biggest scam in the Middle East since it’s not only happening in Qatar, but also in Jordan and Egypt AND WHO KNOWS WHERE ELSE???. Before we lose all of our investment we should act now.
And we should make sure that everybody in the country will hear about it!!!!
I have invested QR.400,000 and they promised to hand over flat by July 2010. Till date no works have been started. So all the money is gone??? How to get the refund?? Please some one reply ad help me get back my money. [email protected]
We have the same situation, I want also to know the contact numbers of DAmac customers. maybe we can go together!!!
Diar was late in handing over the plots. I heard Damac should be starting in about a month, "normal" delays...
So that means that until now they aren't in breach of contract, right?
It does say it had to be handed over by the beginning of next year, somthing that would never happen off course....
DAMAC has a history of shady dealings hidden behind glitzy marketing hype! Check out its history in the UAE! Conmen all.
Oh my god..dont i know it.
I have come all the way from UK to see if i can get my money back. I have been battling since Sept 2008.
I managed to get the CEO on Thursday and demanded for answers, he said he will get in contact with me with some answer by Monday.
They have refused to liase with my lawyers in UK, not answered my emails, or calls. I have had to dig into my savings and make a trip here.
I have sent you a private message please get in contact so i can tell you what i have done ...
Does your contract with Damac say that the property has to be handed over within a certain timeframe?