Answered by Dr. Hassan Elhais A Dubai developer has been ordered to pay three men Dh84m after they failed to deliver villas the men had purchased from a housing project near Dubai Land.
The three Asian investors told Dubai Real Estate Court that in 2007 they made an agreement with the developer to purchase 14 villas at a total cost of Dh341.2m from which they paid Dh84m.
The villas were part of a multi-purpose development project in the Dubai Land area covering over 4.15 million square feet, which was going to consist of villas and low-rise apartment buildings surrounding a golf course.
In 2012 none of the villas had yet been delivered so the trio made a new agreement with the developer.
They cancelled their order for 14 villas and replaced it with a new order for five villas on the condition that the new villas be delivered by June 30, 2014 and the difference in price to be returned to them.
Documents provided to the court by the trio's legal consultant, Hasan Elhais from Al Rowad Advocates, proved that the three men had made the Dh84m payment but had not received the remaining balance after decreasing the number of villas they had purchased.
An expert, who was assigned by the court to perform an assessment of the development project, said the project was pending closure as only 19 per cent of it had been completed over nine years. In addition, the developer was found to have insufficient funds and labour to deliver the project.
The report was backed by a letter from the Dubai Land Department.
The assessment also showed that the investors paid more than the value of five villas and had not been returned the difference in price.
The trio's lawyer asked the court to cancel all agreements between his clients and the developer and to order the return of the full paid amount of Dh84m.
The court obliged but ordered the developer to return the amount in addition to an annual 9 per cent interest from the date of the original agreement in 2007.
Your email address will not be published. Required fields are marked *
I owe the success of my case to Dr. Hassan's diligent approach. He remained focused, put me at ease and always went the extra mile. Dr. Hassan tirelessly put my case in the best possible light and I cannot thank him enough. I would highly recommend Dr. Hassan - I am grateful to him from the bottom of my heart.
Dr. Hassan Elhais is among the best legal consultants I have ever worked with. He has an amazing ability to reduce complex issues into a simple concept that non-legal people can understand. He consistently develops innovative litigation strategies that help us to achieve our ultimate legal goals.
...the extraordinary effort that has been exerted by the staff, and we specially thank Dr. Hassan Mohsen Alhais. Wishing your continues success & excellence...
I believe everyone should recognize what a difference Dr. Hassan Elhais work has made to people's lives; and especially to our family's life, because we will remain forever grateful to each and every one of his team.
Dr. Hassan Elhais never fears cases that involve exposure and he always gives me his honest assessment of our chances of success, which is invaluable to me.
He aided us not only in providing legal advice but also in all legal issues that required a long term strategic approach to achieve most favorable and optimum outcomes he provided us with high level of professional service.
Dr. Hassan Elhais is a responsible, reputable counsel who operates to high levels of service.
Dr Hassan Elhais is responsive, thorough and creative with his advice, and is a valued advisor and legal consultant.
Regardless of the complexity of the matter I know Dr. Hassan Elhais will consider not only legal strategy but also business practicalities in providing advice and litigation options.
I recommend Dr. Hassan Elhais to anyone who says 'I'm in legal trouble'. I was extremely satisfied with the high standard of his work. He has always been there when I have needed him and I refer all my clients, family and friends to him/his firm.
Dr. Hassan Elhais was very professional and he listened to my needs. He was very prompt, efficient and always kept me informed. Dr. Hassan Elhais's service was excellent and I would definitely recommend him to friends and colleagues.
Contact Me
