It seems to have ended. Qatar Cool's fees are reasonable and First Qatar have handed over their apartments and did not charge the extortonate fees they were asking to connect basic services like water, power, telephone, sewage, etc to the building in exhange for early exchange of settlement.... They needed money to complete the building.
The next issue was either the developer or the Pearl attempted to change the Sales and Purchasing Agreement (SPA) just before the handover came. you had to sign this new SPA or they would not allow you to recieve your apartment. Under the "Amended Agreement" you basically signed over your bank account to the pearl by allowing them to claim any and all costs from you with no limitation and no recourse of action. I believe this was solved by a court case which a gutsy developer -- who was not my developer, First Qatar - who took them to court on behalf of their owners and won.
The whole purchasing experience was certainly not an enjoyable one but, now i have a tenant in there who enjoys living there, the hassles seem to have disappeared somewhat.
It seems to have ended. Qatar Cool's fees are reasonable and First Qatar have handed over their apartments and did not charge the extortonate fees they were asking to connect basic services like water, power, telephone, sewage, etc to the building in exhange for early exchange of settlement.... They needed money to complete the building.
The next issue was either the developer or the Pearl attempted to change the Sales and Purchasing Agreement (SPA) just before the handover came. you had to sign this new SPA or they would not allow you to recieve your apartment. Under the "Amended Agreement" you basically signed over your bank account to the pearl by allowing them to claim any and all costs from you with no limitation and no recourse of action. I believe this was solved by a court case which a gutsy developer -- who was not my developer, First Qatar - who took them to court on behalf of their owners and won.
The whole purchasing experience was certainly not an enjoyable one but, now i have a tenant in there who enjoys living there, the hassles seem to have disappeared somewhat.