http://www.homeguru.ae/news.aspx?id=121

http://www.homeguru.ae/news.aspx?id=122

http://www.homeguru.ae/news.aspx?id=123

http://www.homeguru.ae/news.aspx?id=124

Dear All

I please be informed you might have not noticed the mistake in the GLUF NEWS
today

Mistake on the last part of refunds--it should be 30percent of the monies
paid and not the purchase price.

Quote from the paper “Where the developer has not started construction, the
buyer must forfeit 30 per cent of the purchase price.”

 This is not what is in the Law 9 states.

Mr Mawan has confirmed that this is a mistake by the writer.

Also in this article Mr Marwan states that refunds will be based on the
amount of Construction completed, this to me is a very good thing

This was confirmed by Mr.Rakesh one of the most active member of Dubai
property investors group.

Mohiibul Haque
Director

International Member - National Association of Realtors – USA- NAR
Member of Indian Institute of Real Estate - IIRE
Certified & Trained Property Consultant - RERA
Home Guru Real Estate
www.homeguru.ae
Mobile: + 971-50 5511566

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