DAMAC Properties review: Unpaid settlements 70

After now waiting over 2 months since my settlement was agreed, and mya I add other people (ex employees) also have not received settlement. I have not had one single phone call or email now for weeks, every time you call anyone you are put through to answer machines and I cannot find any where to make the complaint.

For a long time they spoken badly to us, and pressured us to do everything they wanted, now they still advertise like everything is ok, and they are not paying commisions or settlements, only to selected people. The senior management mr ziad chaar and mr john especially are known as the damac mafia and are only interested in telling lies to the investors and destroying lots of lives while holding a fake smile, and all this to win a higher position in the chairmans eyes.

Someone needs to bring this company to answer, his heighness should shut this company down or force a take over, there are things going on internally that are not right.

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I totally agree withyou. The situation is till the same you left.
They are a bunch of incompetent ###s. Good luck to whoever had to do with them!

I was working in Damac Properties in sales. The property Consultants are send through such a pressure. They are made to work like slaves ( mostly Pakistanis and Indians). The pressure is so high, that the directors and VP's make the consultants lie to their clients.the customers are duped high time even now.. Even the sales force is duped by Damac. They hire sales managers from India, pakistan who mostly don't know about reputation of the company. Then they go through intense mental torchure of getting fired.. and hence made to sell properties.. before joining the HR tells us that the contract is for 2yrs but in reality before completion 6months(probation) they are fired. Guys from India and Pakistan and Russia and other nationalities please beware of Damac's recruitment. Don't join his company. even if you sell you will be fired and after that ban by Damac. You will be helpless after losing job.. I was not able to sell with 6-7 members, so the Managing Director along with VP's and Directors made us work for 10 to 10 shift. One of the director MR. Adam he removed chair of his team member and told them that if anyone does'nt sell or get meeting daily will have to stand in the office. This is human curelty by arabs. The MD Ziad Elchaar in one of the management meetings that I don't want to fire anyone but I will put you all under such pressure and torchure that you will resign yourself. One of my team members was told to resign byhis Director and if he doesn't resign they put a fake fraud case on him. this the truth about Damac Properties..

mr hardik thakkar,
can i have ur contact no, my younger brother has got an offer from the same company in context, which is damac property
wanted some feed back of urs

Hi Mr. Hardik,
I have got the offer from Damac Properties for Dubai. I would like to have your feedback specially after reading the reviews of the company. May I ask your email address or contact no. ?

Can anyone offer any help when it comes to Damac legal matters.
Damac are forcing to sign an addendum sales purchase agreement which I do not agree with because the new terms they are imposing are in their favour.
They are refusing to release my original agreement which was signed back in 2008 so I cannot see what was agreed in the original sale agreement.
There has been long delay in constructing the apartments (Suburbia in Jebel Ali) and I have ask on many occasions to cancel the agreement but Damac have refused or offered any compensation for the long delays occurred and loss of rental income.
They have threatened me with penalties for late payments and hounded me for money.
I’ve had to borrow more money to keep up with the payments and I find myself in spiralling circle going downwards.
If anyone can offer any light or have similar stories and have advice on how I can come through this then I would be very grateful.

Can anyone offer any assistants, I’m really at an end and could do with some help.
Damac are really awful company to deal with and all they are interested in screwing you for your money. I am so anger I even got in touch with RERA last week but not an even an acknowledgment reply back. Investing in this country has been my biggest regret, all my life saving have gone and I have fear of losing more than half if not all.
It seems no one give a dam when you try to complain even when you write to RERA an UAE government body. You really not protected in this country. It’s not like UK where people are willing to listen and help against rogue developers.
The law in UAE is a very grey and it’s doesn’t protect the innocent against developer such as Damac who only want to shaft you.
If there is anyone, anyone at all who can help please get in touch it would be much appreciated.

Someone should contact media like BBC news, to make a dokumentary about the fraud company that is Damac. Thousands of innoncent clients are victims.

Damac took money form my father over 6 years ago and have issued threats for any late payments and then denied he paid an installment, making him go to an accountant to justify the accounts which were debited and not credited on his paperwork. He is old and has lost everything - they never respond to his calls or our letters to confirm progress on the apartments - after 7 years! No building is in place, I think and they want the money up front.
I have decided to hire a lawyer - if anyone else has problems (I know there are many who have been misled) or want to try to claim back their money on unfair contract, perhaps can recommend a good international law firm to sort these fraudsters out - protected by corrupt systems and Arabs who have fleeced foreigners. I doubt if the locals have any problems with this scam - just overseas victims.

Someone should contact media like BBC news, to make a dokumentary about the fraud company that is Damac. Thousands of innoncent clients are victims.

is this company worth working for in terms of job assurance and growth because i got an offer that i couldnt resist. would appreciate much assistance from anyone who could do so. cheers!

John M.P. Senior Vice President Talent Acquisition at Damac Holding Dubai UAE is ###

The Man Mentioned above toyed and crushed my best friend .Promised her, Used her, got her pregnant and told her to get lost once she gave him the news about her pregnancy. Threw money on her face to get an abortion.He didn't even offer to stand beside her for moral support.This really shows what kind of a man he is.
This man even forced my friend to sleep with his client so that he could hook a huge deal.Sell your Mother why don't you?

John, seems she wasn't the only one who fell into your trap.There were 2 other girls from India whom I know you took advantage of .Hopefully if they read this they will be able to share their insight about their experience with you.

My friend was innocent, thought you really loved her but you took advantage of her innocence and abused her mentally.Remember John "KARMA IS A B**** ".

For ladies, interested to work in Damac Dubai be extremely careful of this man and associates especially when "dinner invitation with clients " or " career promotion" are mentioned. If he threatens to fire you directly go to the board and file a complaint and bring it to their attention.

Interesting reading the comments above. Thought I would give a few thoughts on my experience in real estate in Dubai and with Damac to offer a bit of perspective.
I was in Dubai for just over two years during the good times, and found it a really exciting industry. Commissions were good, clients were plentiful and there was a real buzz around the place. I guess it was tougher after the crisis, but I still have mates out there who are making a good living.
I must say I was paid on time by DAMAC and they always had a reputation for providing some of the best incentives and commissions.
A lot of buyers made a lot of money from real estate in Dubai . it got tougher for them when the prices dropped and turned to the developer for a refund. Laws and regulations are much sticker nowadays too.

I am glad you were able to get your payments and commission through so quickly MJacobs008! Not everyone was so forthcoming! You can get it, but it is a fight! I am still here working in the real estate market and it is a tough environment. There are so many new buildings being announced and a lot of buyers, but it is still a tough climate! DAMAC, Emaar, Nakheel are all still there after the crash, and seem to be flying again - they must be doing something right and there must still be many keen buyers!

I sincerely hope so, SharonGG! I presume they're forced to. At least, you gave me a hope things might improve.😢

Never buy from this company damac it's all a scam I bought 4 apartments they messed me about so much and since 2007 they still no done this is lakeside project and when I refused to give any more money until there finished they got a letter from the government that they can sell them they have sold them for full price now and won't return my money I put in its all scam stay well away from Dubai

Damac is one big fraud, the management are all liars, this company is Mafia and now they even try to go on the stock market, selling their lies to investors.

Making big advertisements with Donald Trump and Fendi but in reality the finishing of their construction is 3e class, cheap materials, poor finishing and bad design

Don't buy from Damac, you will regret it, stay away from Damac .

DAMAC is not a company to do business with.Stay well clear.Iwish they open an office in the UK so i can take them to court.

Hi can anyone please give me some advice in what I should do next . I purchased a lakeside property from Damac and have now received a default notice from Damac today claiming that I have defaulted in my payments.I have tried to submit my objection by email that was given to me with default letter but cant seem to send email to them im very worried in what they might do next
regards A.B

i went into damac s office 2007 glasgow scotland was promised the world ? £25000 pound s and seven years later iam skint scottish for no money left ? on the bus . no car.. cant cant get loan ? lakeside ended up a mirage in the desert ? jockeyes in dubai horse race es get more £25000 tips for winning a race? i should be on the beach somewhere in thailand or dubai ? insted in queue for food bank ? when they; found oil in dubai they said god opened the gates of heaven $$$$$$$ for us ? the gates closed for me 7 years in hell? the sun just come out in scotland spring is here ?can enybody help? erikodonnell358yahoo.co.uk . thank you good luck?

Hello everyone i have an interview this Thursday with the MD for a sales manager position, I would to ask if its safe to work with them because I'm currently based in Kuwait and they told me you don't have any individual target does it worth to move from kuwait to dubai i have 8 years of experience in insurance industry. PLEASE HELP.

Let me make this very very clear. Damac is a very high pressure unethical operation. It is a cut throat sales call centre style operation and should not be classified as real estate. You biggest threat are your co-workers who are ubnder so much pressure they will try and steal your clients. There are approximately 400+ indians, pakistanis. russians and similar working for Damac. Around 65% of the staff will not pass the 6 month probationary period. You will only pass if you show your bosses how you can be devious and steal. The MD Mr Ziad El Chaar, believes people who steal, cheat and take for themselves are natures strongest? Very Very Wierd. Youc an get a very clear picture of what they are trying to attract when you read any job description from them which all say: Timeshare background is preferred. They do however prey on life insurance sale people to target. Now you have been warned! Dont fall for their bull. The titles are all fake too. There are carousels in EVERY sales department of Damac. Sales consultants all the way to relationship manager do same job (just different pay grade). The assistant sales managers all the way to directors of sales, all do exactly the same job (just different pay grade) and they all sit at the end of each carousel. Damac has approximately one manager/director per 8 sales consultants. The best way to descrive their sales operation is a BOILER ROOM. google it!

Avoid Damac. They have a business model which relies heavily on cancellations and recoveries. Essentially, the investors get scared after paying a huge lum sum deposit or a few down payments as once you've signed and paid something, they dont want to deal with you again. Investor then thinks, i'll stop paying until I see either work happening on project or someone comes back to me. This then means the investor is in breach of the contract and a huge penalty is applied. Should you fail to pay, Damac will simply issue a DLD (Dubai Land Department) default notice, with an order of recovery. Eg The investors right to purchase is cancelled, contract is cancelled and anything paid towards unit if forfeited. Investor is left our of pocket and scammed and Damac have the investors hard earned cash. VERY VERY VERY wrong! A bad scam from start to finish.

i read all the reveiws and it made me so scared to enter my second round of interview. The postion is " sales consultant property" i live in another country and i have been directed by a head hunter for this postion. I went thier i passed the first round now they asked for me again for second round. After reading the reviews i do not know what to do, can somebody give me more advise.

Guy only one advice stay away from the developer Damac. It is a con organisation. The company hire professional females for all the non-sense jobs. To investors listen this very carefully, according to the CRM officer "Damac give a F*** about their reputation. Company doesnt care about the investors as the investor only invest once or the most twice in real estate and no matter how bad is the company reputation people come and buy their property if the value is good for them." I was recently conned by them when they took over my unit after a handover. Till date nothing resolved. The biggest hand they have got is from RERA who arbitrarily cancel the clients unit if Damac wish to for their fraud. I went to RERA and the minute i mentioned Damac name, they rather taking my concenrs and talking to me, referred be back to the developer. In case of any other developer they will fill up a form and take up the issue and have it documented, but not in case of Damac. Second news to all the investors in Dubai, be careful from developer like Damac. As per the UAE law one can only get a compensation from a developer in the tune of 8% per annum interest. No legal cost or any other claim are entertained. Despite of the fact one get a favourable judgement in his/her name, the developer can continue to not honor the judgement for years. It is this kind of assurance that developer like Damac are continued to play in the market fearlessly. Investors rush to buy the property without actually doing proper resarch. Most of the information is not available as people dont have the time to share such things in open. The lawyers cost you a hell lot and you have to consider 2-3 years fighting the case. In the end developer like Damac walk away free from any obligations. In my case they completely fraudulently occupy my unit without my consent and i can not do much about it. All investor should be very very careful dealing with this developer especially from Africa, india, europe and other gulf countries. For job seeker, it is a truth what has been mentioned by someone that they use sales people in all the odd things which i do not wish to mention here.