Real Estate Market

Edit1: Yes, I have a signed agreement. I just want to resolve it without court process not to bundle the money in until the verdict which may or may not be fast. In some countries it takes up to years.

Edit2: Come on guys, 8 mil for a penthouse appartment in Dubai is not that expensive any more, ordinary apartments are 2-3 mil now and I didn’t pay 8 mil; I paid only the deposit which is 400 K.

Edit3: Why the heck everyone thinks I am a teenager; I am not.

I was trying to buy a penthouse in Dubai, the broker (Indian but working for a firm owned by Asians) told me I need to pay 8 mil dhs and that is a “final” price. I send the firm 400K as a deposit.

At the last minute the broker told me the owner increased the price to 8,4 and that I shall pay. I said the deal is off send me my money back. The whole point of sending a deposit is to fix the price.

Now he tells he cannot do that since the owner does not send the money to them. I said it is your problem, I send this money to u, u shouldn’t have paid him until u close the paperwork.

Whatever, now I don’t know what to do next, the broker says call the guy, I don’t want to. My lawyer says sue them but I am not sure how it works in UAE.

Any ideas?