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  • February 2008
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    Jo Hopworth on Justice For Natalie – Na…
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    Martin Kraeter on ACI Dubai Funds filed bankrupt…
    Independent Observer on Iranian’s lawsuit reveals roya…
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    jamesl fayad on RERA Dubai – Dubai Prope…
    Jacques on Malika Karoum finally arrested…
    James Brown on ACI – Alternative Capita…
    Journalist on Al Fajer Properties-500 Invest…
    ron oakeley on ACI – Alternative Capita…
    Benson Fu on Shahram Zadeh against Al Fajer…
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    Ali Varahram on Shahram Zadeh against Al Fajer…
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      Criminal Complaint filed in Germany against Sheikh Maktoum Hasher Maktoum Juma Al Maktoum CEO of Dubai Developer Al Fajer Properties The Dubai Sheikh who mislead and extort a German Couple  Germany – Dubai 2011 A German elderly couple , today 80 + 50 years old who have been Dubai Tourists since a decade, bought in 2005 an apartment at Nakheel´s Dubai Residen […]
    • UAE: Human Rights Blogger, Sorbonne Lecturer Charged With ‘Humiliating' Officials
      source Human Rights Watch www.hrw.org (Beirut) - The United Arab Emirates attorney general should immediately drop all charges against five pro-democracy activists to halt their trial, Human Rights Watch said today. The charges of "humiliating" top officials relate solely to the defendants' peaceful use of speech to criticize the UAE governmen […]
    • Nakheel Dubai Sunland Case
      June 5, 2011After 21 hearings, Chris O'Donnell, the Australian chief executive of Dubai's major developer, Nakheel, came to the defence of his former colleagues Matthew Joyce and Marcus Lee. Mr Joyce and Mr Lee are accused of profiting from the sale of land that had been earmarked for a colossal high-rise development, which was to include the futur […]
    • Dubai Nakheel CEO decided to leave the company
      Dubai June 7, 2011 Nakheel said on Wednesday that its CEO Chris O'Donnell had left the company "after completing his contract terms". O'Donnell, an Australian who joined the developer in 2006, said he had decided to leave Nakheel following five years spent with the company, the statement added. O'Donnell has overseen a traumatic time […]
    • Owner of Dubai Developer Damac Hussain Sajwani files case against Egypt corruption ruling
      Dubai property developer Damac said on Tuesday it had filed an international arbitration case against Egypt over a land dispute and the conviction of its chairman and owner, Hussain Sajwani.A Cairo court last week sentenced Sajwani in his absence to jail and ordered him to pay a $40.5 million fine in connection with his 2006 purchase of land at Egypt's […]
    • Dubai Palm Jumeriah - Investors plan to take legal action
      Investors in Dubai Palm Jumeirah’s Golden Mile complex will this week serve the developer behind the project with a legal ultimatum to hand over their units or issue them with a refund.Up to ten investors in the luxury complex plan to issue Souq Residences with legal notice in a bid to force a resolution to a dispute that has been ongoing for more than a yea […]
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Archive for February, 2008

Dubai – Lawyer says check your contract first

Posted by 7starsdubai on February 26, 2008

Lawyer says check your contract first
Helga Jensen –Forde, Freelance Writer

Dubai has gone some way towards ensuring the rights of property owners, but a feeling persists that more will need to be done to get developers to translate promises into reality.

It is very easy to become carried away with glossy brochures and thoughts of a beachfront home. But it must not be forgotten that buying a property is one of the biggest investments one will ever make.

To ensure that the investments are protected, the legal side to buying property should also be taken into consideration — every time.

“The laws are in place to protect homeowners to some degree, however the contracts are definitely biased in favour of the developers,” articulates Carol Alderson, a practising lawyer and Partner at Al Midfa & Associates.

“Most contracts I see are distinctly one-sided and becoming increasingly more so.

“Some contracts don’t even refer to the title. When you buy a property you should know this. A number of contracts do not define the amount of the service charge.

“One other element is that the contract between the master and sub-developer is often cut and pasted and the contract that you, as end-user, receive is not particularly relevant.”

Despite a number of ambiguities in the sales contracts, it does seem that many investors just do not care and not reading the fine print closely enough.

Alderson says, “It is very difficult to persuade certain developers to change their contracts.

“I may represent one client but the developer will say that, because they have sold a hundred other apartments and no one has complained, why should they change it for me? A lot of people are buying property here and not consulting a lawyer or reading their contract thoroughly.”

Over the last few months, the market has been rife with instances of steep increases in maintenance charges at some of the leading residential developments in the city.

“The increase in maintenance charges has been a challenge. It should be the right of every homeowner to see a copy of the accounts, but a number of developers are refusing to give these out,” the lawyer notes.

Car parking is quite an issue for apartment owners.

“The Dubai Municipality stipulates that every apartment should have parking, but some people have purchased an apartment and are then subsequently told that they have to pay an extra Dh75,000 for a space.”

This is where additional laws or even updates on the existing ones can come in real handy, for homeowner and developer alike.

Alderson says, “The law here is still not as complete as it could be. I would like to see an Unfair Contract Law, which would stop the bias in favour of one party.

“In addition, there should be a Misrepresentation Act, which would prevent developers and real estate agents from advertising any developments that are not as they will ultimately be constructed. ‘Caveat emptor’ springs to mind, which means ‘Let the buyer beware’.”

To read this and many other articles in full get the latest issue of PropertyWeekly.

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Dubai Nakheel takes legal action against PalmInvest

Posted by 7starsdubai on February 18, 2008

Nakheel takes legal action against PalmInvest

By Suzzanne FentonStaff Reporter
Published: GulfNews January 22, 2008, 22:13

Dubai: Dubai’s master developer Nakheel, which has more than $60 billion worth of projects in its portfolio, has taken legal action against PalmInvest – an unscrupulous real estate investment broker based in the Netherlands for fraudulently selling bonds with a nine per cent interest rate for property on Palm Jumeirah in Dubai.

Although PalmInvest is not an officially registered company in Dubai, the PR Manager for Nakheel, master developer of the Palm, told Gulf News, “Yes, I’ve heard of them. In fact, we’ve taken legal action against them in the past to stop them using our projects and our name in their marketing and advertising.

“They’ve no connection or affiliation with Nakheel.”

According to an employee of the company, PalmInvest is owned by Dutchman Remy Bal and is based in Hilversum in the Netherlands. However, neither the General Manager nor the Press Officer of PalmInvest was available for comment.

On the company website, PalmInvest invites prospective buyers to ‘invest in the Palm Dubai’ and promises that it is ‘in all respects legal and fiscally responsible’.

It also states that Dubai is ‘the right breeding ground for safe investments’.

PalmInvest is selling bonds guaranteeing a nine per cent interest rate per year over a three-year period to investors willing to pay a minimum of Dh266,385 ($72,525).

Marwan bin Galita, chief executive of the Real Estate Regulatory Agency (Rera), on Monday highlighted the importance of investing safely within the new framework put in place by Rera, “No transactions can be processed outside the land department system, improving confidence and security in the market.”

Dutch authorities arrested five on suspicion of fraud on Tuesday. The Netherlands’ financial prosecutor said in a statement that documents and luxury goods were seized during raids on eight offices and five homes in the Netherlands and one in Monaco.

A research associate at Jones Lang LaSalle, said, “The new Escrow Account Law put in place by Rera now ensures this kind of fraud doesn’t happen. There is full consumer protection in play. So now the developer can’t take any money before he’s got something to show for it.”

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Dubai Appeals court upholds 15-year jail terms for two in rape case

Posted by 7starsdubai on February 18, 2008

By Bassam Zaza, Senior Reporter
GulfNews – Published: February 17, 2008, 12:18

Dubai: An appeals court on Sunday upheld 15-year jail terms handed down to two Emiratis convicted of raping a French-Swiss teenager.

Saeed Ghailani, lawyer of the convicts, told Gulf News that he would appeal the ruling at the Court of Cessation.

Earlier, the Dubai Court of First Instance sentenced the men—a 35-year-old who is HIV positive and his 18-year-old compatriot—and referred the victim’s compensation claim of Dh15 million to a civil court.

The Public Prosecution charged the two men along with a 17-year-old teenager, prosecuted at Juvenile Court, with deceiving and kidnapping the 15-year-old boy and his 16-year-old compatriot.

They were also charged with forcefully undressing the 15-year old, threatening him with a knife, before having sex with him against his will.

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Sheikh Mohammed`s Speech at the Free University of Berlin- Many Leaders promise – we deliver

Posted by 7starsdubai on February 17, 2008

February 7, 2008

A representative of the Free University of Berlin presented Sheikh Mohammed with an honorary medal for his efforts to promote education in the UAE and throughout the Arab and Islamic worlds. After he accepted the medal, His Highness delivered a speech. A transcript of the speech follows.

In the name of Allah, the Merciful, the Compassionate.

Thank you very much for this award, thank you, sir. Thank you everybody who thought about it and thank you this magnificent university, thank you Berlin. This award not only for me but for United Arab Emirates people and Dubai people, this give me really great pleasure to receive this on their behalf.

If you want me to tell you – I didn’t prepare any speech – but I will tell you a little bit about my country. We are the fastest growing … country and economical growth very fast also. Success come from careful planning, teamwork and strong leadership; the strong leadership to push the plan forward. I come – my background education is military and I am a fighter pilot. Also, I come from Arabian peninsula, that’s where United Arab Emirates and Dubai, I come from Bani Yas tribe, and Bani Yas tribe leads many, many tribes for hundreds and hundreds of years in Arabia.

The people of those tribes – everyday there is a challenge, challenge of finding a food to eat next day or a challenge to walk miles to get some water. Not like people who, living by the rivers, would make gardens; they don’t travel too much, they stay in their settlement. But those tribes in the Arabian peninsula who took the Islam to Europe, Asia and China and other places.

I want to tell you another story. I have a small stable in the desert, so I planted a few trees and a little bit of grass, and I’m talking now about tourism. I travel to Europe and I see tourism from Australia and America, Italy. So I’m thinking of tourism – how can we make people to come and look at this, our beautiful country? So, I know the local birds and the migration birds who comes to Arabia and some don’t stop, some just fly over from Africa to Russia and from Russia to Africa. At my pleasant surprise when I came one day, I saw those birds who flew over Arabian peninsula were landing there in the shade drinking water. So that came an idea and we made a lot of oases. Now and we make it better for where they were going, so they stay there.

In a hot summer one day in the middle of the day, I was driving from Jumeirah from Dubai toward Jebel Ali and between them, empty place, beautiful beach – white sand and beautiful beach – but nobody there. So I was driving alone and I saw a car and I saw a European family by the beach and I said how come they stand this sun – very hot – and they are swimming? It’s a man and his wife, a girl and a boy, about 9-10 years old. So I approached the man and I said, “Can I ask you a question please?” He said “Yes.” I said, “Where you come from?” He said, “Germany.” And I said, “Isn’t it hot for you, this sun?” He said, “No, I like the sun.” And you know, giving me more idea about what tourists do.

I know you think – most of you think – that you have democracy but we don’t have democracy. You have in it in the Parliament and the parties but we do have – we have the Majlis and if I explain to you what the Majlis is, the Majlis is where the leader and wise men gather together and they discuss everything what’s going on: what they want, what they don’t want, what the government want to do or what they don’t want to do. If they don’t have that right – to do that and to exchange – I mean, I saw my father and Sheikh Zayed forming the Union – United Arab Emirates – they were discussing details. He said, because before they come united they said, “But what can we do? Your law in your emirates is like this – the money – how can we spend the money?” and they were discussing till they reached from what they do and they formed the formation, so we do have democracy. You cannot persuade me to wear your suit in United Arab Emirates and I cannot persuade you to wear my clothes in Berlin. We have democracy and we have free nation who can say what they want and act what they want as long as they don’t step on somebody else’s toe.

In this university, you study a lot of things and also you study theories – theories and marketing research, we challenge. I tell you the story. For example, we made, we tried to make Emirates airlines and marketing research said “Don’t do it, because big companies is losing money and you are starting and you have no chance.” We started Emirates airlines and now it is the biggest airlines in the area.

We have a port – Jebel Ali Port – and few years ago there were ships making big ships that carries 7,000 containers, 10,000 containers so we do marketing research. And we ask the companies of the ships, “Do you want us to make the port bigger and deeper for these ships?” They said, “Don’t bother, we are not coming.” “Why?” They said, “Because from the Red Sea it will take us 72 hours to come there. No, we will drop your containers somewhere and these ships come to you now will come and pick it up.”

I gather my team and we decided to go ahead – to make it bigger and deeper. Now, our best customer is the big ships -10,000-50,000 containers.

In the Gulf War, the insurance company went high sky so Sheikh Ahmed in charge of the Emirates airline came to me and said, “The insurance is so high and we are in the war zone and I cannot park the plane together, where do I put them? I have a lot of planes, what do I do?” So I thought about it and I said, “Okay, I’m going to insure all the airplanes coming to the Gulf, to United Arab Emirates and Dubai, and all the ships.” So all the ships, all the cargo of Iran, Iraq, Saudi Arabia, Qatar, Kuwait, they all came to United Arab Emirates and then we ship them in small ships to there. And they took us from the war zone.

I can give you a lot of examples, we teaching now the Arab young leaders and some other leaders in Dubai – I’m very proud – and some minister we’re teaching there. One day I was speaking to them and I want to bring a saying – it’s a European saying, I don’t know where I read it or saw it, but it says, “Better a lion to lead the sheep than a sheep lead the lions.” And I said to myself, “What a bad example!” So I said, “No, the leader should teach his follower to be lions so he can – the lion lead the lions and teach them what he know and show them the way to be lions.”

People get slow down, for example if my team do something very good, they say, “Okay, Sheikh Mohammed now happy I will going to slow down, take rest.”

So, I wrote them this. I said, “Every morning when the gazelle wake up in Africa, he make sure he outrun the fastest lion or he be killed.” I said, “Every morning in Africa when the lion wake up, he make sure that he outrun the slowest gazelle or he be starved.” I said, “In UAE and Dubai, I don’t care if you are gazelle or lion, when you wake up you better start running.”

Now, Dubai World, which is the harbour Jebel Ali that we make it bigger and deeper, managing about 50 ports through the world in 25 countries. Our companies – private and public – I told them, “Act locally but think globally”. Few years ago, I told them, “No, go global.” And then now our companies bigger – very big companies and they are building cities and projects in Africa, North Africa, China – name it – Europe, America, England. So they’re really doing very well.

Two years ago, I formed the United Arab Emirates government as a Prime Minister. When I formed the government, it was 4 billion debt for the banks for the government and now this year we paid all the debts and we gave 70% salary increase throughout and we are now building 40,000 villas because of course in UAE the government school are free, the government hospital is free and housing also is free. I have a challenge in front of me now – to make all the other emirates like Dubai and Abu Dhabi. This is a challenge, but I like a challenge. The day that I don’t have a challenge, I get sad. I’m concentrating on education, health and housing and – by the way – we are number one in the world from the high school going to the University specially the girls and that’s about 94 or 93% – very high, because we are concentrating on education.

I think Dubai and UAE should be a sign for all of you that many people live from different countries and different races and religion happily and, if we can do it in UAE, why we can’t do it throughout the world?

I want to stay here long but what I want to say is, “Many leaders promise, we deliver.”

Thank you.

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Dubai – Security of tourists high on agenda

Posted by 7starsdubai on February 17, 2008

By Agencies on Friday, February 15 , 2008

Maintaining the safety and security of tourists is key to creating a popular destination in the coming years, officials have said.

Police and tourism officials met yesterday to discuss the wide range of issues concerning the soaring numbers of people choosing the emirate as a holiday destination.

Other topics at the head office of Dubai Department of Tourism and Commerce Marketing (DTCM) included regulation violations by hotels, and restricting activities that threaten the culture of the country.

Brigadier Khamis Al Muzinah, Director of Dubai Police’s Criminal Investigation Department, outlined the role and initiatives of Dubai Police and its strategy on crime prevention, tourist security and public order.

He said: “The Tourist Security Department was set up with the aim of taking care of tourists. This department seeks to provide utmost security to tourists as the Government of Dubai considers tourism as one of the pillars of its economy.

DTCM Director-General Khalid bin Sulayem said there was a need for greater co-ordination between the tourism organisations and Dubai Police to ensure higher level of service. He praised Dubai Police, especially for containing “vices” that contradict Emirati culture and Islamic values. (Wam)

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Mehr als riskant – Immobilienerwerb in Dubai

Posted by 7starsdubai on February 13, 2008

Wer in Dubai seinen Platz an der Sonne sucht, liegt klimatisch richtig.

Weniger sonnig sind die Vertragsbedingungen in Dubai, die der Immobilienkäufer unterzeichnen muss. Meist weht ihm ein arktischer Orkan ins Gesicht, der schon manchen an den Rand des Ruins getrieben hat. In der Presse und im TV stellen sich die grossen wie Nakheel und Co. mit farbenfrohen Luxusbildern gern als die zuverlässigen Macher dar, doch der Schein trügt. Das die Käufer dieser angeblichen Luxusobjekte reihenweise vorgeführt werden wird in den Medien natürlich nicht gezeigt.

Oft geht der Albtraum schon nach der sogenannten Reservierung für das Traumferienhaus oder das Apartment los. Inzwischen liebgewonnene Praxis auch sogenannter renomierter Bauträger in Dubai ist eine kurios anmutende Hinhaltetaktik. Nachdem ein Käufer seine Anzahlung Kraft des unterzeichneten Reservierungsvertrages geleistet hat wartet er oft vergeblich auf den zugesagten Vertrag. Die in dem Reservierungsvetrag ausgemachten weiteren Raten möchte man dann aber schon fristgemäß haben. Nakheel, so haben wir erfahren spielt dieses Spiel gern.

Briefe werden nicht beantwortet, die vereinbarten Ratenzahlungen jedoch verlangt. Die angegebenen Fertigstellungsangaben sind oft reine Fantasie.  Sobald sich ein Käufer erlaubt einen Anwalt zu nehmen , in der Hoffnung auf rechtlichem Weg zu einer Antwort auf seine Frage zu kommen, wird auch dieser Versuch oftmals scheitern. Dieses Hinhaltetaktik Spiel wird genüsslich von so vielen – auch den sogenannten renomierten – Developern betrieben.

Zu guter letzt bringt man es in Dubai sogar fertig dem Käufer zu drohen, und zwar in massiver Weise, wenn er nicht Ruhe gibt. Das sind die wahren Machenschaften von Nakheel und Co. wie Emaar , Al Fajer Properties und wie sie so alle heisen, die grossen renomierten die sich gern auf gigantischen Messeständen und in den Medien als die vertrauenwürdigen von Dubai darstellen.

Bezeichnend daher auch der Satz am Ende der Rede von Sheikh Mohammed bin Rashid als Maktoum and der FU Berlin: Many Leaders promise – we deliver.

Wenn man annehmen könnte, der Mann wisse nicht was in seinen eigenen Firmen wie Nakheel und der seiner Verwandten wie AL FajerProperties in Sachen Kundenfreundlichkeit von statten geht, dann könnte man ihm glauben.
Natürlich ist auch diesem Mann bekannt was tagtäglich in Dubai internationalen Immobilienkäufern mit unglaublicher Kaltschnäuzigkeit widerfährt und das tausenden eben nicht – delivered weerden wird …was ge-promised wurde.

Da fragt man sich natürlich: Warum läßt es dieser Mann zu, das auf diesem Weg das einst so PR reich aufgebaute Image vom Dubai Immobilienmarkt wie ein Kartenhaus zusammen brechen wird, das in Firmen wie Nakheel einstmals euphorische Kunden derart behandelt werden – damit der einstmalige Vertrauensbonus den die Kunden diesem Unternehmen entgegenbrachten – von Tag zu Tag auf Null sinkt ?
Teilweise haben Käufer mehr als 50 % der Kaufpreises gezahlt und warten seit Jahren darauf das auf der Baustelle mit den Arbeiten begonnen wird. Im schlechtesten Fall erhalten diese dann einen schlichten Brief mit dem Inhalt: Projekt gestrichen – Geld zurück, aber ohne Zinsen oder Entschädigung.  Nach dem Motto: So wie es uns gefällt – nach dem Grund fragt man besser nicht – denn eine Antwort wird man nach der 100ersten Anfrage so oder so nicht bekommen.
Hinhaltetaktik, ein Flipping Spiel …..nichts sagen, nichts schreiben ist besser als jede weitere Ausrede die dann vielleicht noch zur Lüge motiert, besser Hoffnung und Geduld suggerieren , das funktioniert anscheinend.

Käufer warten Jahre hoffnungsvoll auf ihr Haus oder Apartment für das sie bereits die geforderten Raten gezahlt haben und finden dann nach Jahren Nichts oder etwas vor was so nicht gekauft wurde, was in den Hochglanzbroschüren und selbst in Verträgen so nicht angegeben war.  Auch hier, ganz einfach nach Dubai Art. Wenn s dem Käufer nicht passt: Geld ohne Zinsen oder sogar nur einen Teil des gezahlten Gelde zurück… und tschüss.

Der letzte Hit um angebliches Vertrauen zu schaffen:

Der Gesetzgeber hatte nun ein Einsehen und erließ Vorschriften, die die Entwicklungsgesellschaften zwingen, den Kaufpreis bis zur Fertigstellung einer Immobilie auf einem Treuhandkonto anzulegen. Dort sind sie vor dem Zugriff der Gläubiger sicher.

Doch Achtung, auch diese könnte reiner Kulissenzauber sein.

In den Vereinigten Arabischen Emiraten gibt es in der Regel keine “Häuslebauer”, die ihre eigenen vier Wände nach Maß errichten lassen. In der Praxis werden vor allem Ausländer Immobilien zunächst von einer der großen Projektentwicklungsgesellschaften erwerben. Dabei handelt es sich meist um halbstaatliche Firmen wie Emaar, Dubai Properties, Nakheel (Dubai), Mubadala, TDIC (Abu Dhabi), Tameer (Sharjah) oder RAK Properties (Ras Al Khaimah), um nur die größten zu nennen. Diese Megagesellschaften treten zwar in privatrechtlich organisierter Form auf – in der Regel als Aktiengesellschaften oder Holdings – befinden sich aber zum Großteil in Hand des Staates beziehungsweise in Händen der Entscheidungsträger in Staat und Gesellschaft. Von ihnen erwirbt der Käufer dann Eigentum, Nießbrauch oder ein ähnliches Nutzungsrecht – was Ausländern ohnehin nur in besonders ausgewiesenen Gebieten möglich ist.

Harsche Bedingungen für Erwerber

Im Normalfall sind die Verträge nicht aushandelbar, der Käufer wird vor die Wahl gestellt “friss oder stirb”, und das letztere ist beinahe wörtlich zu nehmen – bedenkt man das finanzielle Risiko, das dem vertraglichen Ungleichgewicht in der Regel anhaftet. So verwendet zum Beispiel Emaar eine Allgemeine Geschäftsbedingung, nach der bei Verzug einer einzigen Kaufpreisrate der Verkäufer – also Emaar – zur Kündigung des Vertrags berechtigt ist und die bereits angezahlten Raten nicht rückerstatten muss, sofern eine Mahnung erfolglos geblieben ist. Unabhängig von ihrer bereits geleisteten Höhe verfällt dann die gesamte Anzahlung – eine mehr als harsche Konsequenz für den Käufer.

Umgekehrt kann es passieren, dass der Käufer den Kaufpreis beinahe abgestottert hat und das Projekt – aus welchen Gründen auch immer – nicht oder nicht ordnungsgemäß fertig gestellt wird. In der Praxis ist es gang und gäbe, Apartments sofort nach der Planung zu verkaufen. Eigentum oder Nutzungsrechte kann der Käufer erst nach Fertigstellung eintragen lassen. Zuvor muss er alle Raten gezahlt haben. Sicherheiten hat er keine – sieht man einmal von der Quasi-Vormerkung ab, die Art. 24 Abs. 2 Dubai Land Registration Law (Gesetz Nr. 7/2006) normiert. Entspricht das Apartment nicht dem Kaufvertrag oder wird es nie fertig gestellt, dann nützt dem Käufer auch eine Vormerkung wenig. Er muss in langwierigen Prozessen versuchen, an sein Geld zu kommen. Fällt die Entwicklungsgesellschaft in Konkurs, sieht er im schlimmsten Fall keinen Dirhem wieder.

Genau hier setzt der Gesetzgeber den Hebel an. Das Dubai-Gesetz Nr. 8/2007 über Sicherheitskonten für Immobilienentwicklungsprojekte bedient sich einer doppelten Strategie – Einrichtung von Sicherheitskonten und höhere gewerberechtliche Anforderungen an Entwicklungsgesellschaften.


Zum einen sind die Entwicklungsgesellschaften gehalten, Treuhandkonten einzurichten, auf die die Zahlungen der Käufer eingehen. Darüber hinaus sind Darlehen Dritter, die mit dem Projekt dinglich abgesichert werden – etwa im Wege einer Hypothek – auf das Konto einzuzahlen. Dort ist es der Verfügungsgewalt der Entwicklungsgesellschaft entzogen. Erst nach Bescheinigung der Fertigstellung (arab. schahâda al-indschâz), also nach Abnahme, sind 95% der Beträge frei gegeben. Die Gelder sind jedoch zweckgebunden und dürfen ausschließlich dafür verwendet werden, Ausgaben des Projekts zu decken. Eine Stufenabnahme ist denkbar, so dass nach jedem Bauabschnitt über die Freigabe der Gelder zu entscheiden ist. Die Verfügungsgewalt über die restlichen 5% bekommt das Unternehmen erst, nachdem ein Jahr verstrichen ist, seit die Erwerber als Eigentümer oder Nutzungsberechtigte in das Grundbuch eingetragen sind. Dadurch wird das Unternehmen zur zügigen Umschreibung der Eigentums-/ Nutzungsrechte und der Beseitigung von Mängeln, die dieser entgegenstehen, angehalten.

Für jedes Immobilienprojekt ist ein solches Konto zu eröffnen (Art. 9 Abs. 2). Eine Entwicklungsgesellschaft richtet also so viele Konten ein, wie sie Projekte hat, wobei ein Projekt auch aus mehreren Gebäuden bestehen kann, sofern diese einen “Komplex” bilden. Das Gesetz definiert nämlich die “Entwicklung” (arab. tatwîr) als ein Projekt für mehrstöckige Gebäude oder einen “Komplex” (arab. mudschamma’ât) für Zwecke des Wohnens oder der Ausübung eines Handelsgewerbes (Art. 2).

Gläubiger der Entwicklungsgesellschaft haben keinen Zugriff auf das Geld. Sie können die Sonderkonten nicht pfänden (Art. 9 Abs. 1).

Spezielle Registrierungs- und Lizenzierungspflichten

Zum anderen dreht der Gesetzgeber an der gewerberechtlichen Schraube und verschärft die Anforderungen an Projektentwicklungsgesellschaften. Diese müssen sich nun in ein spezielles Register beim Dubai Land Department, das unter anderem die Funktion eines Grundbuchamtes wahrnimmt, registrieren lassen (Art. 4). Zuvor müssen sie eine Lizenz des Dubai Department of Economic Development einholen. Sie dürfen kein Marketing mehr betreiben ohne schriftliche Genehmigung des Land Departments (Art. 5). Auch der Verkauf einer noch nicht fertig gestellten Immobilien bedarf einer Sondergenehmigung. Wird mit der Bauausführung nicht innerhalb einer Frist von sechs Monaten nach Erteilung der Genehmigung begonnen, löscht das Land Department die Gesellschaft aus dem Register (Art. 17). Bereits bestehende Unternehmen haben bis zum 28.12.07 Zeit, den neuen Anforderungen nachzukommen (Art. 18) – wobei das Land Department diese Frist nach seinem Ermessen verlängern darf. Die Behörde hat bereits angekündigt, Projekte, die zu mehr als 80% fertig gestellt sind, von der Pflicht zur Einrichtung eines Sicherheitskontos auszunehmen.

Zur Klarstellung: Das Gesetz gilt nur im Emirat Dubai. Andere Emirate haben bislang keine entsprechenden Regeln getroffen. Das Gesetz ist im Amtsblatt von Dubai Nr. 323 vom 28.6.07 auf den Seiten 5 – 11 verkündet worden. Es trat am gleichen Tag in Kraft. Eine englische Übersetzung stellt das Land Department unter http://www.dubailand.gov.ae/ld_website/PDFS/trust_law_eng.pdf zur Verfügung.

Posted in Dubai, Dubai Developer, Jumeirah Business Centre, Nakheel | Tagged: , , , , , , | Comments Off on Mehr als riskant – Immobilienerwerb in Dubai

Sheikh Mohammed bin Rashid Al Maktoum- Many Leaders promise we deliver

Posted by 7starsdubai on February 10, 2008

source KhaleejTimes

His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, won over a distinguished German audience on Thursday when he said: “Many leaders promise, we deliver.”

Delivering a speech during a felicitation at the Free University of Berlin where he was honoured with a gold medal for his support and promotion of cultural exchanges between peoples of the two countries, Shaikh Mohammed received several rounds of applause from the gathering as he provided an insight into the UAE’s work culture and ethics.

The audience listened in rapt attention as Shaikh Mohammed, speaking in English, explained his philosophy of economics and how the UAE is today one of the world’s fastest developing nations. Shaikh Mohammed, on the second day of his two-day state visit to Germany, was received at the Free Berlin University by former German Chancellor and Chairman of the Arab-German Friendship Association Gerhard Schroeder, Chancellor of the University and staff.

“I like a challenge. When there is no challenge I feel sad,” he said explaining how the UAE managed to overcome hurdles and build up the infrastructure that is now the focus of world attention. Many people, he said, were sceptical when initial plans of what the UAE wanted to build and do were known. But later these people realised the wise economic decisions of the country.

Regarding democratic values in Arab society, Shaikh Mohammed told the audience that the “majlis” has been a central point in decision-making since times immemorial. He said this in the context of modern democracy. All decisions that affect society, he added, were taken after due consultations.

continue reading………

Posted in Democracy United Arab Emirates, Dubai Democracy, Sheikh Mohammed bin Rashid Al Maktoum, United Arab Emirates, Vereinigte Arabische Emirate | Tagged: , | Comments Off on Sheikh Mohammed bin Rashid Al Maktoum- Many Leaders promise we deliver

Dubai Rape case A.Robert – It´s a pack of lies

Posted by 7starsdubai on February 6, 2008

Last Updated : Monday 04 Feb, 2008 – 3 comments

By Ali Al Shouk

The defence lawyer for two men convicted of raping a teenage boy yesterday told the Court of Appeal his clients were innocent and that the prosecution’s case had been based on lies. The pair, one of whom has AIDS and hepatitis, were given 15-year jail terms in December after being found guilty of driving the 15-year-old French-Swiss teen into the desert, forcing him to strip at knifepoint and brutally raping him.
Defence lawyer Said Al-Gelani, from Al-Gelani Advocates and Legal Consultants, said: “The victim wanted to destroy the suspects’ life, and he fabricates the whole story.” He also claimed that the fact that the boy had not become infected with HIV proved that his clients were not guilty.
“The victim’s mother has said in news reports that she is happy because her son is clean six months after the incident, but we know that hepatitis and AIDS are both transferred very fast, so how did he not become infected? Especially as he said in the records that the rape continued for 20 minutes without protection,” he said.
Al-Gelani went on to criticise the Public Prosecution for seeking harsher sentences, alleging there was not enough evidence to convict the men. “The prosecution referred the case in August to the court but they withdraw it because there wasn’t enough evidence. They then referred the case again in October,” he said. “They have manipulated the records.”
In the Court of Appeal, the prosecution are seeking harsher sentences. The defence wants the convictions quashed or at the least see the jail terms reduced. The result of the appeal will be issued later this month. At the time of the original sentencing, Judge Fahmi Monier said he had absolutely no doubt about the charged men’s guilt.
“We are sure of what happ-ened and the suspects’ denials were lies used in the hope of escaping the penalties,” he said. The victim’s mother, Veronique Robert, said of the sentencing in December: “Fifteen years is nothing for someone who knew he had AIDS.” The case is also going to be heard in the Civil Court where the victim is seeking dhs15 million in damages from his attackers.

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Unbelievable-Lawyer of a defendant state: Negative Aids test proves boy was not raped

Posted by 7starsdubai on February 4, 2008

Gulf News

By Bassam Za’za’, Staff Reporter
Published: February 04, 2008, 00:21

Dubai: The acquittal of a defendant (who has hepatitis and Aids) of having forceful sex with a 15-year-old boy prevailed after the victim’s examination proved he didn’t contract any disease, a lawyer told a court on Sunday.

“The medical examination of 15-year-old French boy, A.R., has shown that he didn’t contract Aids or hepatitis. This fact comes six months following the incident and it proves that my 35-year-old Emirati client, A.K., didn’t penetrate or have any intercourse with the boy, otherwise the claimant would have contracted any of the diseases. A.K. and his 18-year-old compatriot I.M. are innocent,” lawyer Saeed Al Ghailani, of Saeed Al Ghailani Advocates and Legal Consultants, who is representing the Emirati defendants, told the Dubai Appeals Court yesterday.
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“May God bless you and thank you for your efforts,” A.K. told Al Ghailani before Presiding Judge Eisa Al Sharif.

The defendants are serving a 15-year imprisonment term after the Dubai Court of First Instance incriminated them of kidnapping and having sex against the boy’s will in a desert area.

False allegations

“Since the litigation process started, the victim has been bluffing and giving false accusations claiming that his abusers (each of whom had 20-minute intercourse with him) didn’t use condoms. Yet, the medical results have contradicted the boy’s allegations and were to the advantage of A.K. who should be happy,” argued Al Ghailani.

The lawyer also accused the Public Prosecution of fabricating evidence against his clients and failing to carry out the law enforcement procedures against the defendants who were referred to court before the issuance of the accusation sheet.

The Public Prosecution charged A.K., I.M. and their 17-year-old compatriot, I.S., (prosecuted at Juvenile Court) with deceiving and kidnapping A.R. and his 16-year-old compatriot, F.K., by offering to drive them home.

They were charged with forcefully undressing A.R., threatening him with a knife and stick before having sex with him against his will, while F.K. was kept outside the vehicle.

Al Ghailani asked the court to refer the victim to Rashid Hospital for a medical examination for the “claimant in the civil case to corroborate his Dh15 million compensation claim”.

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