June 09 – Ajman Uptown / Sweethomes – Oman

Have a look at the attached blog -

I think this blog captures the crap we’ve been subjected to – specifically (see pdf file or link at bottom):
Muscat Confidential_ Omani papers continue to print any PR crap they are sent

” Basic story: Sweet Homes apparently advertise a deal based on a 10% deposit, regular payments until 50% paid, followed by 25% on completion and a further 25% after that. It seems Sweet Homes asks for post-dated cheques from ‘investors’ who purchase, and then proceed to cash them, because the contract is in reality based on a pre-defined project time schedule and is not related to actual physical construction milestones, simply against a promise to finalise contruction.”

http://muscatconfidential.blogspot.com/2008/12/omani-papers-continue-to-print-any-pr.html

Jun 09 – Post Dated Cheques – PDC – UAE Central Bank

Here’s the link to the UAE Central Bank. I’d urge those whose PDC’s (Post Dated Cheques) are being mis-used by developers &/or cashed at will, without progress, unauthorized endorsements etc. – to write to the bank.

Don’t know if it will work – but they seem to have a well laid out process see;

http://www.centralbank.ae/complaints/complaints.php

Here is the page with specific email addresses:

http://www.centralbank.ae/contact_us.php

Or – Complaints and Suggestions Section

Direct telephone:	02- 6915290 / 02- 6915453
Fax No.:	02-6916004
E-mail:	complaint@cbuae.gov.ae

Jun 09 – Sweethomes Business Practices

As you’ll see below, I rcvd a fax from Sweethomes, on the 21st of June – giving me 3 days to sign and return the cancellation agreement.

Not long after this letter was sent, they tried to cash another 2 cheques – just plain incompetence. These kind of practices, very much summarize my experience with Sweethomes. The more I interact with them, the less trust there is.

There were 7 pages in all – I am just posting the 1st page of the letter. The other 6 were some pictures, notice of setting up the Escrow account etc. All written to suit them.

————————————————————————————
From:
Subject: Re: – Termination of Agreement – 4th request – Real Estate Purchase gone bad in Ajman/Sweethomes
Date: 21 June 2009 9:56:02 PM GMT+07:00

to: husain@sweethomesuae.com, ivy@sweethomesuae.com, saher@sweethomesuae.com, shalin@sweethomesuae.com, rafail@sweethomesuae.com, tabis@sweethomesuae.com, ahmed2@sweethomesuae.com, resine@sweethomesuae.com, mukhtar@sweethomesuae.com, fahad@sweethomesuae.com, commme@emirates.net.ae, amal.h@Arra.ae, latifa.n@Arra.ae, omar.b@arra.ae, info@rholding.com, ialyassi@ajmanrulerscourt.gov.ae, msuwaidi@ajmanrulerscourt.gov.ae, rana.mubarak, husain@sweethomesuae.com, bhope@thenational.ae, ngillet@thenational.ae, lmorris@thenational.ae, content@zawya.com, agiuffrida@thenational.ae, info@rholding.ae, readers@gulfnews.com, richard.spencer@telegraph.co.uk, chip.cummins@wsj.com, stefania.bianchi@dowjones.com, editor@mediaguardian.co.uk, simon.jenkins@guardian.co.uk, joanna.hartley@itp.com, alex.morgan@itp.com, anil.bhoyrul@itp.com, andrew.white@itp.com, desert_blogger@hotmail.com, sean.odriscoll@7days.ae, cranecountry@thenational.ae, abdulbasit@khaleejtimes.com, aneela@khaleejtimes.com, nouf.k@arra.ae, parag.deulgaonkar@awraqpublishing.com, uharnischfeger@thenational.ae, tpantin@thenational.ae.

Dear:

I rcvd a fax from you, date stamped on the 21st of June – faxed earlier today – giving me 3 days from 18th June to sign and return. If it was sent directly to me, it expired before arrival.

If the letter was sent to the law firm – you sent it on Thursday night, to take advantage of the weekend – knowing full well that no one could respond.

I think you, and your company’s ways speak for themselves in ways that I cannot express any better.

Your firm, and other developers in Ajman are taking advantage of the fact that there are more rules governing post dated cheques – than there are around construction start, construction quality and delivery.

Regards
Unit B- Ajman Uptown
SH Letter-June 21st