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DAMAC Properties

DAMAC Properties review: Unpaid settlements 70

C
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8:20 am EDT
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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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70 comments
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Someone1983
, KW
Apr 29, 2014 1:33 am EDT
Verified customer This comment was posted by a verified customer. Learn more

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.

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patrik odonnell
Lanark, GB
Mar 11, 2014 10:02 am EDT
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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?

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patrik odonnell
Lanark, GB
Mar 10, 2014 10:42 am EDT
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damac time wasters 2008 still waieting lakeside life rouend

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P.R.B
GLASGOW, GB
Jan 31, 2014 6:49 am EST

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

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suburbia project
london, GB
Jan 25, 2014 6:47 pm EST

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.

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Denback
San Jose, US
Dec 02, 2013 6:49 pm EST

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 ...

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C Rafiq
Birningham, GB
Nov 21, 2013 11:48 pm EST

Stay well away from damac it's all scam

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SharonGG
, AE
Sep 26, 2013 5:06 am EDT

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!

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A Bajaba
, US
Nov 03, 2019 10:00 am EST
Replying to comment of SharonGG

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

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MJacobs008
Cambridge, GB
Sep 26, 2013 1:38 am EDT

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.

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Kaori Kimura
, JP
Sep 20, 2013 4:50 am EDT
Verified customer This comment was posted by a verified customer. Learn more

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.

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gibran shaikh
, IN
Sep 07, 2013 4:44 pm EDT

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!

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Kim Barlow
Slough, GB
Aug 06, 2013 9:44 am EDT

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.

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Shah75
, NO
Feb 26, 2020 10:03 am EST
Verified customer This comment was posted by a verified customer. Learn more
Replying to comment of Kim Barlow

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

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Raj UK
Newbury Park, GB
Mar 23, 2013 8:31 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

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.

Rajuk

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Shah75
, NO
Feb 26, 2020 10:02 am EST
Verified customer This comment was posted by a verified customer. Learn more
Replying to comment of Raj UK

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

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Raj UK
Newbury Park, GB
Mar 16, 2013 10:43 am EDT
Verified customer This comment was posted by a verified customer. Learn more

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.

Regards
Raj Uk

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bhav_india
, IN
Mar 16, 2013 7:17 am EDT

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. ?

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yashver
, IN
Feb 23, 2013 2:15 am EST

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

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HardikThakkar
, US
Jan 05, 2013 2:57 pm EST

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..

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blabla vlabla
, UA
Sep 20, 2011 2:29 pm EDT

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!