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Realty developer, four officials face Dhs84m fine

Four officials of a real estate developer pocketed Dhs84m and kept stalling to deliver five villas to investors.  Investors have appealed demanding a refund. In 2007, three investors signed an agreement to purchase 14 villas at a total cost of Dhs341,272,200.  They were part of a multi-purpose development project, the…

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