Pre Launch permanent thread ! ! !

[mazi]

Originally Posted by Roshan

Verde by ETA star at Dubai Maritime city. Not a pre launch but a launch.

How do you guys feel about Maritime city.

Good idea to keep it on top of the list.

Roshan

Hi Roshan, do you know wherre i can get more info about this project and what do you think about it yourself?

[New_Investor]

Originally Posted by Roshan

Verde by ETA star at Dubai Maritime city. Not a pre launch but a launch.

How do you guys feel about Maritime city.

Good idea to keep it on top of the list.

Roshan

Dear all,

one of my agents says there will be a new prelaunch in the upcoming days at maritime city do you have any information about maritime city?

is it a good investment or not?

[Sixgun]

Hi, I will help keep this on top,

Regarding escrow, can anyone give advice on this situation ??

I was about to pay my 30% deposit to developer, (for sportscity) and they said
"wait for 4-5 days, we are currently having to swap all accounts to a new one to comply with RERA escrow laws etc etc"- fair enough

When they sent me account details, it was simply in the developers name.

I witheld payment, enquired why it was not an escrow account, and was told, "because mine is a re-sale, therefore that money will go to previous owner, and the money currently in his escrow will be used to pay for your 30%. basically said that once money is paid into an escrow, it cant be removed, so this is how re-sales are acheived.

sort of makes sense, and I pretty much trust them, but i was also informed that i could not receive my S&P contract for 4-8 weeks, because they have re-submitted licience/plans to add extra floors.etc.

All seems complicated, but I understand that building a new city will be, i still have not transferred the funds, but i will lose the place if I dont soon.

Any ideas??

[Roshan]

Originally Posted by Sixgun

Hi, I will help keep this on top,

Regarding escrow, can anyone give advice on this situation ??

I was about to pay my 30% deposit to developer, (for sportscity) and they said
"wait for 4-5 days, we are currently having to swap all accounts to a new one to comply with RERA escrow laws etc etc"- fair enough

When they sent me account details, it was simply in the developers name.

I witheld payment, enquired why it was not an escrow account, and was told, "because mine is a re-sale, therefore that money will go to previous owner, and the money currently in his escrow will be used to pay for your 30%. basically said that once money is paid into an escrow, it cant be removed, so this is how re-sales are acheived.

sort of makes sense, and I pretty much trust them, but i was also informed that i could not receive my S&P contract for 4-8 weeks, because they have re-submitted licience/plans to add extra floors.etc.

All seems complicated, but I understand that building a new city will be, i still have not transferred the funds, but i will lose the place if I dont soon.

Any ideas??

Right on. Everybody whether big or small have to go as per Escrow. Pls refer to the post " RERA complaint site ".

What the developer says make sense provided he gives you a receipt.

RERA is going all out to streamline procedures. Met them at a DPG meeting yesterday and they have openly said to come to them if there are any doubts. From the positive energy I saw, I knew that they were dead keen.

I am taking my 2 investments to them and ensure that I do not pay the developer anymore.

Regards

Roshan

[want2invetinuae]

Hi

Are you aware of any forthcoming developments in the above area. I know Pacific and la hoya bay in almarjan. I am looking into waterfront apartment for investment at good price to allow for a good appreciation.

thanks

Originally Posted by Roshan

Right on. Everybody whether big or small have to go as per Escrow. Pls refer to the post " RERA complaint site ".

What the developer says make sense provided he gives you a receipt.

RERA is going all out to streamline procedures. Met them at a DPG meeting yesterday and they have openly said to come to them if there are any doubts. From the positive energy I saw, I knew that they were dead keen.

I am taking my 2 investments to them and ensure that I do not pay the developer anymore.

Regards

Roshan

[Roshan]

Originally Posted by mazi

Hi Roshan, do you know wherre i can get more info about this project and what do you think about it yourself?

You could access the ETA star site. I feel Maritime city will be a good investment considering that Dubai heavily revolves around trading, dry docking shipping & logistics.

I will try and get some details for you.

Regards

Roshan

[mpat]

Deyar launched OAKWOOD RESIDENCY in IMPZ for 1350 AED per sq ft 2 days back

[New_Investor]

Originally Posted by mpat

Deyar launched OAKWOOD RESIDENCY in IMPZ for 1350 AED per sq ft 2 days back

this is going crasy !! 1350 is too much for IMPZ and the project is sold out as per Deyaar - thanks for the pre launch not the end users !

[manman]

Hi
Does any one know about TWO Towers in Tecom area. Located near GREENS. 30 Second drive from the GREENS Gate.

The two towers are almost ready, the developer will give possession in Dec 09.

They didnt sell anything when they were constructing. They have just launched the project

The flats are quite spacious. 1 bed is 1400 sq feet. They are selling a one bed for 1350 psf.

I want to know if this is a realistic price?

[Roshan]

Originally Posted by manman

Hi
Does any one know about TWO Towers in Tecom area. Located near GREENS. 30 Second drive from the GREENS Gate.

The two towers are almost ready, the developer will give possession in Dec 09.

They didnt sell anything when they were constructing. They have just launched the project

The flats are quite spacious. 1 bed is 1400 sq feet. They are selling a one bed for 1350 psf.

I want to know if this is a realistic price?
Pictures
www--skyscrapercity--com--/showthread.php?t=289653

Looks to be a good price for towers which are ready. Tamweel towers in JLT is selling for Dhs 1600 psf.

In time to come, you will not get anything for this price.

Regards

Roshan