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    • Criminal Complaint filed against Al Fajer Properties Sheikh Maktoum
      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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Dubai Investors appeal in property Fraud Case

Posted on July 20, 2010


Dubai Investors appeal in Dynasty Zarooni Scandal. The project Ebony and Ivory Tower brought by Al Fajer Proeprties are involved in the assumed dubai property fraud case

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Posted in Al Fajer Properties, Al Shaali Advocates, Dubai Legal - Real Estate Lawsuits, Dynasty Zarooni, Fraud, Hilal Zarooni, Immobilienbetrug Dubai, Jumeirah Business Centre, Kabir Mulchandani, Sheikh Maktoum Hasher Maktoum Juma Al Maktoum-2 | Comments Off on Dubai Investors appeal in property Fraud Case

Dubai seize properties from off-plan investors

Posted on May 5, 2010


Dubai RERA seize properties from off plan investors. George Ezman, a businessman from the Czech Republic who bought several office units in Jumeirah Business Centre 5, a project by the Dubai developer Al Fajer Properties, has received a similar notice. He has paid 30 per cent of the total cost and is due to pay the remainder on completion.
Al Fajer Properties is a national Dubai company owned by Sheikh Hasher Maktoum Juma Al Maktoum. President of Al Fajer Properties is Sheikh Maktoum Hasher Makotum Juma Al Maktoum.

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Posted in Al Fajer Properties, Dubai, Dubai Legal - Real Estate Lawsuits, Dubai Properties, Real Estate Scandal Dubai, Rera Dubai, Sheikh Maktoum Al Maktoum | Comments Off on Dubai seize properties from off-plan investors

Dubai a legal system on trial

Posted on November 9, 2009


Since then, the authorities have refused to accept attempts by Mr Zadeh to launch criminal proceedings against members of the ruling family over the ownership of Al Fajer Properties.

Al Fajer claims Mr Zadeh stole money from the company, but the courts are hearing a $1.9bn civil law suit filed by Mr Zadeh against Sheikh Hasher bin Maktoum Al Maktoum and two of his children in which he claims they used the detention to seize the company illegally. He alleges that they were only sponsors and did not invest. They deny the allegation.

Lawyers say defendants should be allowed to have a legal representative present when they are being questioned, and police should stop sitting in on the weekly conversations lawyers are permitted to have with detained clients in the run-up to and during court hearings.

The public prosecution’s file of evidence should also be made available if suspects are detained for long periods before being charged and tried, the lawyers say.

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Posted in Al Fajer Properties, Dubai, Dubai Fraud, Dubai Justice, Dubai Legal - Real Estate Lawsuits | Comments Off on Dubai a legal system on trial

Iranian’s lawsuit reveals royal power in Dubai

Posted on July 22, 2009


Sheikh Maktoum Hasher Maktoum Al Fajer Properties sued by Shahram Zadeh former CEO of Al Fajer Properties in an civil action Dubai UAE Court. Also investors of Al Fajer Properties projects Ebony and Ivory Jumeirah Business Centre Dubai, alleging fraud, have called on the Dubai Real Estate Regulatory Agency to force Al Fajer and Sheikh Maktoum Hasher Maktoum Al Maktoum to issue a refund.

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Posted in Al Fajer Properties, Dubai, Jumeirah Business Centre, Shahram Abdullah Zadeh, Sheikh Maktoum Al Maktoum | 1 Comment »

Dubai Where Are The Locals ? Forbes Headlines

Posted on June 3, 2009


Forbes March 11, 2009 Seven suspects have reportedly been singled out by the authorities, but all of them are foreigners. Dubai’s anti-corruption probe seemed in full swing Tuesday, after seven expatriate businessmen were reportedly accused by prosecutors of taking part in a $500.0 million fraud at Dubai Islamic Bank. The suspects included three Britons, two […]

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Posted in Dubai, Dubai corruption, Fraud Dubai, Jumeirah Business Centre, Kabir Mulchandani | Comments Off on Dubai Where Are The Locals ? Forbes Headlines

Maktoum Hasher Maktoum Al Maktoum Interview – The easy money maker – From the Archive

Posted on March 4, 2009


Maktoum Hasher Maktoum Al Maktoum the easy money maker

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Posted in Dubai, Jumeirah Business Centre, Sheikh Maktoum Hasher Al Maktoum | Comments Off on Maktoum Hasher Maktoum Al Maktoum Interview – The easy money maker – From the Archive

An Example of : The differenence between PR and Reality – 5 Towers Jumeirah Business Centres will be delivered in September 2009 ?????

Posted on February 12, 2009


Jumeirah Business Centre 1 , Developer Al Fajer Properties  was launched Dezember 2005. Sold within a few weeks after the launch, said by the company. The completion of this Office Tower was announced first for end 2007 , after this end 2008 and now end….. of year ……… ??? The History between PR and Reality show […]

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Posted in Dubai, Jumeirah Business Centre | Comments Off on An Example of : The differenence between PR and Reality – 5 Towers Jumeirah Business Centres will be delivered in September 2009 ?????

Dynasty Zarooni Real Estate Chairman arrested in Dubai

Posted on January 7, 2009


 http://www.zawya.com/story.cfm/sidZW20090106000081/Dynasty%20Zarooni%20Chmn%20Arrested%20In%20Dubai%20-%20OfficialTuesday, Jan 06, 2009                  DUBAI (Zawya Dow Jones)–Kabir Mulchandani, chairman of Dubai property company Dynasty Al Zarooni Real Estate The official confirmed that a case has been filed against Indian businessman Mulchandani in Dubai for an alleged liquor related offense and bouncing a cheque for an undisclosed amount, which is an offense […]

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Posted in Dubai, Jumeirah Business Centre, Kabir Mulchandani | Comments Off on Dynasty Zarooni Real Estate Chairman arrested in Dubai

The False Story ? Mumbai Mirrow – Dynasty Zarooni Dubai

Posted on August 26, 2008


original published Mumbai Mirrow Kabir Mulchandani, owner of Baron International, the company that pioneered cheap colour TVs and music systems under the brand names AIWA and AKAI, and who fled Mumbai after scrutiny by the DRI and Enforcement Directorate, is once again at the centre of controversy. This time in Dubai. Mulchandani had left Mumbai […]

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Posted in Dubai, Jumeirah Business Centre, Kabir Mulchandani | Comments Off on The False Story ? Mumbai Mirrow – Dynasty Zarooni Dubai

Mehr als riskant – Immobilienerwerb in Dubai

Posted 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 […]

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

Sheikh Maktoum Hasher admits slowdown hasn’t been easy for anyone

Posted on December 1, 2010


Ebony and Ivory Towers Al FAjer Properties Developer Jumeirah Lake Towers Al Fajer Properties Sheikh Maktoum Dubai Properties Crisis

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Posted in Al Fajer Properties, Dubai Properties, Jumeirah Business Centre, Sheikh Maktoum Al Maktoum | Comments Off on Sheikh Maktoum Hasher admits slowdown hasn’t been easy for anyone

Dubai – Property Investors formed groups to take class actions against developer

Posted on May 19, 2010


Abu Dhabi Commercial Bank (ADCB), for example, agreed with Al Fajer Properties in 2005 to offer 60 per cent financing to customers in Jumeirah Business Centre 5.The deal involved buyers making payments over 10 years from the project’s completion, making it appealing to those who were unseasoned investors.
Both Al Fajer and ADCB recently confirmed that the credit line, which was worth about Dh500 million (US$136.1m), was cut towards the end of 2008 as the financial crisis took hold in the emirate’s property sector.One British investor, who asked not to be named, bought two floors of office units in Jumeirah Business Centre 5 on the understanding that she would get a mortgage.At the height of the boom in 2008, she paid 40 per cent for one floor of office space and 50 per cent on the other at Dh1,100 a square foot. She is also among the dozens of investors in the project who recently received termination notices.
“I actually have a brochure that states we’d get preapproved finance,” she said. “We paid a big premium to get the comfort of having pre-approved finance … We weren’t told until recently that we wouldn’t get it. When the market and the world economy changed, we raised this issue and were told, ‘don’t worry about it, we’ll work something out’ … We proposed to do a merger of the two floors and pay additional funds but were told ‘no’.”

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Posted in Al Fajer Properties, Dubai, Dubai Legal - Real Estate Lawsuits, Jumeirah Business Centre | Comments Off on Dubai – Property Investors formed groups to take class actions against developer

Dynasty Zarooni Executives charged with defrauding 25 Million

Posted on February 18, 2010


Dubai Dynasty Zarooni Executive Kabir Mulchandani and Hilal Zarooni charged with defrauding 25 Million attended hearing at the doubai court. The court handeled only the swindling of 25 Million by establing an allegedly bogos investment portfolio. prosecutors dismissed the charges of real estate fraud Ebony Ivory Jumeirah Business Centre Al Fajer Properties, worth hundreds of millions of dirhams, against the suspects for lack of crime. Al Shaali appealed the dismissal of the real estate fraud charge

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Posted in Al Fajer Properties, Dubai, Dubai law, Dubai Property Investors, Dubai Real Estate Scandal, Dynasty Zarooni, Fraud Dubai, Lawsuit Dubai | Comments Off on Dynasty Zarooni Executives charged with defrauding 25 Million

Dubai Lawsuits

Posted on May 23, 2012


Criminal Complaint filed in Germany against Sheikh Maktoum Hasher CEO  of Al Fajer Properties Dubai Property Developer Fraud Dubai 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 Residential Falcon Tower located on Plot H3 Jumeirah Lake […]

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Emirates Press Law and the Media Blackout

Posted on April 9, 2011


source arbabMediasociety October 2009 On May 29, the London-based daily The Independent published an article entitled Dubai property scandal claim emerges amid media blackout. According to the report, a group of investors who had bought properties in buildings by Al Fajer Group, a company run by Sheikh Maktoum Hasher Maktoum , held a press conference […]

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Posted in Al Fajer Properties, Dubai, Dubai Government, Human Rights Dubai, Maktoum Hasher Maktoum, Media Control | Comments Off on Emirates Press Law and the Media Blackout

Dubai Immobilenkauf und die Folgen

Posted on March 18, 2010


Horror Szenarien eines Immobilienkaufs in Dubai – Al Fajer Properties Immobilienkaufs in Dubai – Al Fajer Properties – Betrug und Psychoterror March, 2010 Schilderung– Sachverhalt Massive Probleme seit dem Kauf eines Apartments in Dubai 2005 Nakheel – DMCC – Al Fajer Properties – Sheikh Maktoum Hasher Juma Al Maktoum Meine Lebensgefährtin ( 48) und ich […]

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Iranian conned by Dubai ruling family

Posted on February 18, 2009


original published http://www.presstv.ir/Detail.aspx?id=86038&sectionid=3510212 Dubai’s royal family, mired in controversy and scandal, has reportedly swindled a prominent Iranian investor out of millions of dollars. Exposing the seamy underbelly of Dubai’s real-estate sector, The Wall Street Journal recently revealed how an elite Iranian expatriate, Shahram Abdullah-Zadeh, was kicked out of a USD 750-million real-estate company he had […]

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Posted in Dubai, Jumeirah Business Centre | Comments Off on Iranian conned by Dubai ruling family

Something about the 20 % deposit mentioned by Dynasty Zarooni

Posted on January 13, 2009


In a Forum of Skyscrapercity this comment was left directly by Dynasty Zarooni August 20, 2008 http://www.skyscrapercity.com/showthread.php?p=24219792 FOR THE ATTENTION OF JUNIOR MEMBER : rohitd The nature of the blog comments which you have posted regarding our company have been brought to my attention and I would like to very clearly, formally respond and clarify […]

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Posted in Dubai, Jumeirah Business Centre | Comments Off on Something about the 20 % deposit mentioned by Dynasty Zarooni

Gulfnews: Dynasty Zarooni gets clean chit

Posted on August 26, 2008


Dynasty Zarooni gets clean chit By Saifur Rahman, Business Editor Published: August 25, 2008, 23:12 Dubai: Dynasty Al Zarooni Real Estate is considering legal action against some Indian publications and those behind an alleged ‘smear campaign’ to malign its reputation, officials said. The campaign has allegedly been launched by a former employee of Kabir Mulchandani, […]

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Posted in Dubai, Jumeirah Business Centre, Kabir Mulchandani | Comments Off on Gulfnews: Dynasty Zarooni gets clean chit

ArabianBusiness.com Damac threatened with lawsuit after project axed

Posted on April 1, 2008


original published: arabianbusiness.com 31.March 2008http://www.arabianbusiness.com/514985-legal-action-threatened-after-damac-axes-project Investors in Damac Properties’ Palm Springs project on the Palm Jebel Ali are threatening legal action after the developer cancelled the venture five years after launch.The project was axed due to changes made to the Palm Jebel Ali masterplan, which meant Damac would suffer a significant loss if it continued […]

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Comment of the day

Posted on April 14, 2009


Comment by “Criminology Professor” to Al  Fajer Properties – April 8, 2009 – Dubai court postpones 1,9 Billion Dollar case against Sheikh Maktoum Hasher bin Juma Al Maktoum, Sheikh Hasher Maktoum Juma Al Maktoum and Sheikha Maryam In criminology, state crime is activity or failures to act that break the state’s own criminal law or […]

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Posted in Dubai, Jumeirah Business Centre | 3 Comments »

The Case Dynasty Zarooni – Dubai Prosecutors Rejected Bail of Kabir Mulchandani

Posted on March 25, 2009


source WallStreetJournal 7starsdubai Dubai prosecutors Sunday rejected a bail application from Dynasty Zarooni‘s Chairman Kabir Mulchandani who is being held by police on 450 million U.A.E. dirhams ($123 million) fraud allegations, according to documents seen by Zawya Dow Jones. Mulchandani, who couldn’t be contacted by Zawya Dow Jones, has previously denied any wrongdoing. Ayman Merdas, […]

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Posted in Dubai, Jumeirah Business Centre, Kabir Mulchandani | Comments Off on The Case Dynasty Zarooni – Dubai Prosecutors Rejected Bail of Kabir Mulchandani

Forbes: ‘Madoff Of The Mideast’ Denies Charges

Posted on January 15, 2009


original published Forbes 14-01-2009 http://www.forbes.com/facesinthenews/2009/01/14/mulchandani-zarooni-dubai-markets-face-cx_ll_0113autofacescan01.html A representative of Kabir Mulchandani hits back at accusations of fraud. As dozens of angry investors clamor for their money back from Dubai-based property mogul Kabir Mulchandani, whom they accuse of being a fraudster, the stage seems to be set for a Middle Eastern version of the Bernie Madoff scandal. […]

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Posted in Dubai Real Estate Scandal, Dynasty Zarooni, Ebony Ivory Towers Dubai, Fraud, Jumeirah Business Centre, Kabir Mulchandani, Maktoum Hasher Maktoum | Comments Off on Forbes: ‘Madoff Of The Mideast’ Denies Charges