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Asif Kamil

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Dec 9, 2014, 11:23:28 PM12/9/14
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real_estate_cancelled_projects_details1.pdf

datum1m

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Dec 11, 2014, 9:53:12 PM12/11/14
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Thanks for the information, I see only one development so far where investors have received some money back and a long list where they have been heard by the committee and are in the process of sorting out what the investors might get back, do we know if this includes selling the land (providing it was paid for by the developer in the first place) to gain some funds to enable a payments to investors?  

Farah Agha

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Jan 14, 2015, 5:34:32 AM1/14/15
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two according to my info where payments have been refunded.Some of the lands are not fully paid for so the gov is in process of resolving that issue with master developers like nakheel. i have spoken with the people who are handling this in the gov. Not simple unfortunately. They are saying we will see money back.

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