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Rainbow Towers!

I was wondering if anyone was able to get a refund, complete or partial refund on their Rainbow Tower apartment.
I'm beyond disappointed with the way they have treated their customers. I'm not exactly sure how much has been paid, but I'm most it. So if you have any advice on what to do? What you've done? Who to speak to? I'd appreciate it. I do not live in the UAE so is there any action I could take from a distance? Thank you very much, and the best of luck to us all!

My email address is

My email address is salma.babakir@yahoo.com, if you could contact me by email if you have any further information or any way to help, thank you!

sweethomesgroup's picture

Do not worry

The work will complete as soon as possible.Your money is safe in bank Escrow account.Do not worry you will get your apartment as soon possible.From the side of sweet homes group they are trying their level best.

akhiabani's picture

The money in the escrow

The money in the escrow is either working for you or the ajman ruling family since its their bank and has no benefit for the poor investor. Every court case against sweethomes have been successful. They have to pay full amount plus interest.

Rainbow 14

Dear Sweet homes,
Thank you for your sweet words, how ever we are waiting since 2008, to get what we paid for , do you need more time than what you got already , 8years you could made a city of buildings by now if you really wanted too !!!!

Laris's picture

Lessons of life; drowning in the ocean Hard Earned Money in sand

Lessons of life; drowning in the ocean Hard Earned Money in sand....Greetings to all who read this message. Nearly all those involved in real estate in the UAE has encountered problems in one way or another. Sometimes the situation seems to be good and sometime worst but mine is drowning in the ocean Hard Earned Money in sand............Don’t Invest money in negligence; project Rainbow Tower. "SWEET HOMES AJMAN"A lot of problems with this construction project. For a long time A Decade to complete but no results yet…Investors to this project like me Paid (80%) on time not a single day delay in any of the payment; almost 8 Years nothing in Hand; there were no children’s at the time of investment today they are grownup; Visited all the Doors from ARRA to Sweet Homes office. But the result is close to zero.. Project halfway though no Progress since years and years; It Looks Dead Investment with Sweet Homes Ajman;
And it is the Biggest Ever mistake of My Life….NO Money Return After waiting for A Decade to finish; Asked to Pay more and move once again to almost another dead Project; It’s Like hard earned money in SAND… waiting since 6 years with false date of completion, How long this will continue? ! No entity is bothered to provide help; All what you see to mislead people like me; And Busy catching New Big Fishes The Villa …..
I was trapped with advertisement almost a decade ago; Its Sad Story of Life When it Will End…??????????????. For Arbitration “a lawsuit in court” will cost Extra; Please make sure that there is no arbitration clause in your agreement; What a Bully Investment is this ? I beg always my dear Brothers and Friends Think well before you buy property like the one I have invested. Its nothing but Sweet Homes Ajman – Rainbow Projects Lessons of life; Drowning in the ocean Hard Earned Money in sand....

Laris's picture

Lessons of life; drowning in the ocean Hard Earned Money in sand

Greetings to all who read this message. Nearly all those involved in real estate in the UAE has encountered problems in one way or another. Sometimes the situation seems to be good and sometime worst but mine is drowning in the ocean Hard Earned Money in sand............Don’t Invest money in negligence; project Rainbow Tower. "SWEET HOMES AJMAN"A lot of problems with this construction project. For a long time A Decade to complete but no results yet…Investors to this project like me Paid (80%) on time not a single day delay in any of the payment; almost 8 Years nothing in Hand; there were no children’s at the time of investment today they are grownup; Visited all the Doors from ARRA to Sweet Homes office. But the result is close to zero.. Project halfway though no Progress since years and years; It Looks Dead Investment with Sweet Homes Ajman;
And it is the Biggest Ever mistake of My Life….NO Money Return After waiting for A Decade to finish; Asked to Pay more and move once again to almost another dead Project; It’s Like hard earned money in SAND… waiting since 6 years with false date of completion, How long this will continue? ! No entity is bothered to provide help; All what you see to mislead people like me; And Busy catching New Big Fishes The Villa …..
I was trapped with advertisement almost a decade ago; Its Sad Story of Life When it Will End…??????????????. For Arbitration “a lawsuit in court” will cost Extra; Please make sure that there is no arbitration clause in your agreement; What a Bully Investment is this ? I beg always my dear Brothers and Friends Think well before you buy property like the one I have invested. Its nothing but Sweet Homes Ajman – Rainbow Projects Lessons of life; Drowning in the ocean Hard Earned Money in sand....

@akhiabani

Perfect. I just want my money back. I am no longer in need of a flat in the UAE just want what I invested back. @akhiabani do you know anyone who has got their money back from Sweethomes? Any help will be appreciated. Im in desperate need thanks a lot.

akhiabani's picture

According to faisalek

According to faisalek, al Salim advocates is the most recent attorney to win a case against sweethomes. . At this point it's a no Brainer. Any case filled will be won by investors and I am in contact with them regarding Chapal crooks. Good luck to you.

Dear akhiabani please provide a Web address and tel for solicito

Dear akhiabani please provide a Web address and tel for solicitor. I would definitely like to bring a case against sweethomes. Is there anywhere we can read about these victories against swethomes? Waslam

Also any ideas how long it takes and how much it cost

Also any ideas

1. how long it takes
2. how much it cost
3. If sweethomes actually did give cough up the money and abide by the court ruling

akhiabani's picture

Advocates will answer all your questions

alsalim.advocates@gmail.com

+971 50 767 7972

Mr Hamdi al kadi

Many thanks

Many thanks

Advice

Akhiabani are you using alsalim or do you know anyone personally that recommends him?

I was previously in contact with a solicitor sunil thacker but was then warned against. I just don't want to throw more money away.

akhiabani's picture

@ukbuyer

I had few emails with them.They sound nice.Yes I will file with them next year even though we have language barrier. I had to use Google translate.Yes they won the case against sweethomes and they will file against Chapal as well.

akhiabani's picture

sunil Thacker was a fraud

I talked to him personally 5 or 6 times when I was living in Alain.
Alsalim.advocates just got recommended to me by a member whose friend just won a case against SH.

Costs

Seems to cost about 25000 aed to bring case. Have you paid money yet?

Sweet homes (Rainbow14)

Guys,
if you have any idea to get our money back , please do share with me as well , my 140K is with sweet homes since 2008!

Waiting 8 years is not a damn joke!

I had given the hard earned 150k in the mouth of Sweet home not for them to gobble it down their throat.

For sure i will not let them run away and get my money back through Court.

Look at their shamelessness, they are attending Cityscape in DWTC to loot more and more people. We need to spread awareness so that new investors dont fall in this trap.

I LIVE IN UAE , AND I

I LIVE IN UAE , AND I HAVE FLAT IN RAINBOW 10 , MY LAST VISIT TO SWEETHOMES 2 MONTHS BACK AND TO THE SITE IS NOT PROMISING , NO REFUND AND THEY KEEP GIVING FALSE DATES TO START RE-BUILDING , I CONSIDER MONEY I PAID IS NEARLY GONE WITH THE WIND ESPECIALLY EC IS IN SEVERE MESS AND MASTER DEVELOPER --- SORRY MASTER CHEATER R-HOLDING FAILED TO COMPLETE THEIR OBLIGATIONS , I DO NOT KNOW HOW PEOPLE LIVE THERE

Laris's picture

@ reyadalany

Do you join with me to file a court case ? I have Unit in Rainbow Tower paid 80% on time;
Successful Team can make 1+1 = 11 ; Waiting for the group to join !

Filing legal case will

Filing legal case will cost 10% from the claim as lawyer fees and 7.5% court fees all will go to local uae , even if you get decision they will tell you must be sure that this developer has assets in uae otherwise they are not responsible for anything but they will take their money from us in advance leaving us with paper , if you find a lawyer accept no win no fees , i am ready to file the case even if i lose the court fees , i have few friends in Rainbow towers in similar situation

I visited the main office

I visited the main office in ajman 2 weeks back , tried to meet any of the admins like hussain , anwar but failed bec they are hiding behind bars and some CRM poor people , i met duraid ,he started telling the same song that there was a court case against the contractor and they will re-start work 1st 1/4 next year , i told him i am not concerned about this and i will not pay anything without new deal at 20% price cut for the delay and damage ppted by SH and flat cost 405k now not more than 200k , 10 k paid extra for lake view ? what a joke .
he said he will discuss with his boss but no reply although i heared they gave some people 12% price cut which is very low ,but even this they are hiding and not given to everyone , my be friends or pakistani origin like them , they are criminal keep withdrawing money for PDC even when there is no constriction , only i stopped them when i closed the account and only they got 52% from total cost , they sent several threats to take legal action against me that i issued cheques but no account ,i refused to pay them single dirhm since 2010 ,
everything in ajman is corrupted ,developer , R-holding , courts and can not go higher level .
allah will revenge from them and i can see signs very clear .
this money is dead with current situation where there is no protection for investors and authorities there do not bother about the reputation of there emirate and country .

Laris's picture

@Successful Team can make 1+1=11;

Visited Their office many times; Same Songs; Fed-up Now; Need Unity among all Rainbow Tower Investors

Chapal

Good evening! Any news on Chapal projects ???

Rainbow Towers B10

I booked an apartment in Rainbow Towers B10 in 2008. I paid total around 250k AED until 2010 and then stopped paying when i saw no progress. They offered me the construction link plan, which i did not accept. Then i moved to Qatar in August 2010 and requested them to cancel my contract and refund my hard earned money. They said, out of AED 250K paid, i would get back only about 56k and rest will be deducted in penalty. I having no other way, accepted and asked them to prepare the cancellation agreement.

Then they sent the agreement, stating that money of 56K to be returned only after the unit is resold to other user investor. Again i tried to negotiate but in vain. I did not have any choice as they had my PDCs and i didn't want a bed name in banks. So i accepted and signed the cancellation agreement.

Since then, i am waiting for my money. They don't reply to my emails and calls.

Can someone help, or advise how to get my money back?