Mohammed Abdulmohsin Al-Rharafi & Sons (1.c)
Dubai Branch
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Ref: A3/0496/2022
iGNMENT.
‘Més. DUBAI SOUTH PROPERTIES DWC-
LLC, P.O Box: 282228, Dubai, U.A.E.
Date: 22" March 2022
Valued at AED 898,231,355.00 (AED E
‘Ninety-Bight Million Two Hundred Thirty-One
‘Thousand Three Hundred Fifty Five Only)
Project :-Design and Build of the Pulse Beachfront at
Residential District of Dubai South.
We refer to the above contract awarded to us.
‘We are writing to inform you that we have absolutely and
irrevocably assigned to Commercial Bank of Dubai, P.O
Box:2668, Dubai,UAE all of our right, title and interest
in all payments and monies due or to become due and
payable to us under or in respect of the abovementioned
contract or under any variations/- additions thereto,
including retention money and any other claim or
‘compensation arising under or out of the above contract.
We, therefore, instruct you to make payments of all
‘monies due or to become due and payable to us under the
above contract.
Commercial Bank of Dubai, P.O Box: 2668,
Dubai, U.A.E Account No, 1008403231 (IBAN. No.
AE120230000001005403231)for Mohammed Abdulmohsin
At Kharafi& Sons (L:L.C) Dubai Branch.
These instructions are irrevocable and may only be amended or
cancelled with the written consent of Commercial Bank of
Dubs
Kindly sign and return tous the duplicate copy of this notice in
confirmation of your consent to the assignment and acceptance
of the contents hereof,
Yours faithfully,
Mohammed Abdulmohsin Al Kharafi & Sons (L.L.C)
Dubai Branch, .
Date:17 August 2022
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E-mail : karafiad@emirates.net.ae ‘25S yl