Hi Mro,

Is It According To Uae Law(bank Interest Rate +1%)

Bye

hi MB.
Yes It is according to UAE bank on Dirham I think it is mentioned on section 13 of the contract

hi i like to be in contact with other investors in this matter

I too as an invester with Al Attar would also be interested to know if there is any action to be taken and the best way forward.

hi all
SEEK TORONTO TOWER HERE: ALATTAR-PROPERTIES COM

Hi All

Pardon my ignorance, but what is International city phase 111 all about? I got a studio in IC Greece…..what phase is that?

Sorry Ali54 your posts from a couple of pages back (page 11) takes me to task about comments regarding Metro Line Location at or near I.C.

You can read the response from Mohamed Essa Al Rowaished ,Deputy Director & Rail Design Manger;RTA - Rail Agency on the location of a Metro Route on this thread here
In summary
Nothing wrong with speculating on possible Future Routes and "informed sources" can often provide reliable "leaks and information" however as it stands today the RTA take the view that nothing is on the drawing board for I.C..... YET

Guess I'm not color blind after all...thats a relief

Well this does not reveal any new information. I expect such a response from a government official regarding IC3 with most of its areas not even built on as yet. Obviously we are all aware that a bureaucrat will not stick his head out and say they are going to build a station in the desert(IC) (in which a few people live at the moment) and therefore where there is no need for it at this present time.
As I have indicated before, some of us have seen the transit station on the revised Nakheel masterplan sent last year. Its just a matter of time that this part of town gets its share of the city-wide plan for the transit system. If there are no plans as at yet, its just exciting to know that its being talked about at this stage even when the area is so sparsely populated.
All in all its been a very good investment despite the delays even in construction!

ALATTAR:
A Letter from the Managing Director about the International City Project
Dear Valued Clients:

At the heart of any organization’s success is the ability to adapt to the changing times, and what it brings forth from technological advancement to the dynamics of delivering brand standards and managing customer’s expectations. The latter two are indefinitely intertwined, and while Al Attar Properties in the last months like any organization has had its shares of woes, we stand steadfast in our commitment to deliver our brand promise and to delight those we serve.

Our International City Project in gestation have experienced many a number of challenges. Working in conjunction with the Master Developer Nakheel it has seen an original master plan as illustrated here, and evolved to be an amended and integrated new plan, joining International City Phase II and III.

This new master plan albeit has made an impact on project timelines now showcases a more functional lay-out, promoting a mix-use environment that maximizes owners and investors’ returns and ensures the long term-viability of the region in general, and the area development in particular.

The new master plan as per Nakheel’s communication paved the way for a more community-centered infrastructure from civic facilities i.e., police fire station, library and post offices, to amenities and utilities that factored in educational and religious needs, better transportation access, more open space for a plaza, parks and water features.

At the heart of these changes lies our projects and your property, Toronto, Global Point and Vancouver facing three largest parks and landscape areas in the vicinity.

These dynamic changes and development entail that we revisit our anticipated handover dates. Our Customer Relationship Management System and Team while adapting to measures it must implement, is also undergoing the needed structural changes to serve you better.

We have hired dedicated agents first to update your information on our database so we ensure you get the periodic update that will take you throughout the completion of your
property. We are undergoing systems, process and people innovation so we can respond to you better, cater to and meet your requirements. While these certainly do not happen in the blink of an eye, from this point on, Al Attar Properties will see a level of activity geared towards better customer service.

We have lined-up options and measures our sales team can discuss with you at your convenience. These measures will tackle a new repayment schedule in view of the changes in timelines of the project and handover date.

Appointments can be made with our Sales and Customer Service Department through Ms. Gerly Calica and/or Ms. Menchie Ricafrente between 9 a.m. to 2 p.m. and 4 p.m. to 7 p.m., Saturdays to Thursdays at telephone no: 04-3322233 or at info@alattar-properties com.

Thank you very much, and we hope that you will find merit on our future initiatives and efforts towards a more customer-centric service.

Yours truly,

MAJID AL ATTAR

hi ikqureshi i would be very interested in the contact you mentioned thanks