Dubai Financial Market-listed Union Properties said cooling services had been restored to common areas and apartments at Dubai Motor City after a dispute involving the developer, owners' management association Edacom, and district cooling company Emicool resulted in the latter cutting off its services during the Eid Al-Fitr weekend in June.
Union Properties said in a statement: “Following an extended conversation with [Dubai's] Real Estate Regulatory Agency (Rera), Union Properties has this morning resolved the matter to everyone’s satisfaction and ensured that there will be no service disruption in the future.”
Gulf News reported earlier this week that Union Properties’ subsidiary Edacom told tenants to that all defaulters would have to “to pay up” to restore services.
Sources told the daily that Emicool had offered to put them up in hotels during the interim, but that it still “wasn’t fair” considering the annual maintenance fees they already paid.
Union Properties said Edacom had worked with Rera on the issue, adding: “There has been no official communication from Rera terminating Edacom’s contract by next week as suggested in some media reports.”