DAMAC Properties review: Very bad experience Aykon city tower B
Yes, be wary of them. I bought an apartment in Aykon City Tower B and got completely ripped off. I signed thinking I was buying an apartment that I could rent out (as guaranteed by Damac's salespeople), but once the apartment was finished and delivered, they told me that I couldn't rent out my apartment and that I had to go through Damac for rental and management. At first I thought, why not, but then I realized it was a scam because the rental price is below market value, Damac takes a large percentage, and worse still, they charge exorbitant service fees (“service charges”). In the end, there's almost nothing left!
Today, the apartment I paid 1.5 million AED for is worth nothing to me! It is stuck with Damac, who are making a fortune off my back. If I want to sell it, I won't get a good price given the bad reputation of Aykon City Tower B! It's a real nightmare. Apparently, there are other people in court with Damac over this issue, according to several people I have spoken to. I don't want to go to court because I'm abroad and I don't want to lose any more money in this case.
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We sincerely regret the distress this may have caused and would like to assure you that this is certainly not the level of service we aim to provide. Could you help us with your contact number and unit details via our Facebook Inbox/Twitter DM? Our team will reach out to you promptly to take this further.
Regards,
Team DAMAC
The complaint has been investigated and resolved to the customer's satisfaction.
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