Realty firm ordered to refund Dh1.9m to woman

The Dubai Court of First Instance ordered a real estate development company to refund Dhs1,935,000 (Dhs 1.935 million) to an Arab woman after it was proved that the company failed to fulfill its obligations under an agreement following the cancellation of a real estate project, on the basis of which the woman had contracted to purchase a plot of land to build a villa on it.

- Mohammed Yaseen

The court obligated the company to return Dhsl,785,000, representing the amount owed to the plaintiff under the settlement, in addition to Dhs150,000 as compensation for the damages she incurred due to the delayed payment. The case details date back to the time when an Arab woman filed a lawsuit with the Dubai Real Estate Court, demanding the refund of Dhs2.6 million she had paid to a real estate development company, along with a 12% legal interest.