Dubai property developer increases services charges by 129%!!!

7,000 apartment owners on Dubai’s Jumeirah Beach have been hit with a massive increase in service charges. 

Salwan Property Management, formerly Idama, is a subsidiary of the project developer, Dubai Properties, which is linked to the Dubai government.

The Jumeirah Beach Residence project has been controversial due to its non-completion, shoddy exterior finishes, and failed promises to deliver recreational facilities, beach parks, and gymnasiums. More...

See also:

1. Dubai: is the bubble about to burst?
2. Dubai's rotating skyscraper: a fraud?
3. Dubai's Palm Jumeirah: wonder or blunder?