Although PIC is UK-based, its members come from many parts of the world. They all have one thing in common: they have invested in property projects in Dubai being managed by the same developer..
To date, the developer has acted, its members believe, inappropriately and, in some instances, verging on illegal. Individual members' attempts to seek information, compensation, direction and support from the developer, RERA, and the Dubai Land Department, have provided no results.
PIC Ltd was established to help generate a stronger voice for its members. Working under the guiding principle that ‘together we are stronger’, it is hoped that, by representing a significant number of investors, the developer and the local authorities will need to respond our combined calls for equitable treatment and appropriate dialogue.
It is to help get better engagement from the developer and, where needed, the authorities, that members join PIC Ltd; to help them try and make the most out of their current investments.