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International City - Dubai - Owners Group Forum The diverse International City real estate project in Dubai will provide affordable living to over 60,000 people. International City has been described as an architectural and cultural melting pot of societies that include; Russia, Italy, Spain, England, France, Morocco, Persia, Greece and China. This forum is dedicated to those investors that have bought property in the International City project in Dubai.

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International City - Spanish Cluster - Page 11

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  #101  
Old 15-04-2007, 04:12 PM
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Posts: 19
Default zero charges

hi all,

i received a notification of the following charges:

registration charges: 5250 (1.5% of value)
nakheel affection plan: 850
nakheel admin fee: 3000
service charges: 8865.69
last installment charge also

the service charge sounds ridiculous.

anyone else got any feedback on any of the above, do the charges sound ok?
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  #102  
Old 18-04-2007, 07:48 PM
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Posts: 31
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what's an affection plan????- never heard of one of those!..and as for administration charges, there's never anyone there..or they don't even answer phone calls/ e-mails- so why admin. charges on work that's been done for ages, or sin't even getting done??- registrationion- thought we would have been by now. so in answer to your question, no i think these charges are a total rip off, but, pointless complaining, because it all falls on deaf ears!!!
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  #103  
Old 20-04-2007, 09:09 AM
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Join Date: Feb 2007
Posts: 52
Default

Quote:
Originally Posted by colum1975
hi all,

i received a notification of the following charges:

registration charges: 5250 (1.5% of value)
nakheel affection plan: 850
nakheel admin fee: 3000
service charges: 8865.69
last installment charge also

the service charge sounds ridiculous.

anyone else got any feedback on any of the above, do the charges sound ok?
Dude, your agent is trying to rip you off. The 850 charge is correct. The Nakheel admin fee is 2000. A lot of agents add their own 1000 to that number. The service charges seem correct for a 1-bd ( but I haven't calculated). There is a grey area over whether the LAND reg charges are 1% or 1.5%, but I did NOT have to pay that to get handover.
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  #104  
Old 20-04-2007, 10:08 AM
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Posts: 19
Default charges

Thanks!

I have just queried the charge with Nakheel.

I'll post here as soon as I get a reply.

Anyone else got on any feedback on whether the registration charge should be 1% or 1.5%?

Finally, does anyone know what the procedure is with regards to insurance on the apartments once ownership is handed over?

colum
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  #105  
Old 20-04-2007, 11:50 AM
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Red face

colum1975 If you use the search function topic has been discussed you will some answers here on this thread
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  #106  
Old 20-04-2007, 12:07 PM
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thanks wayneis, looks like the nakheel admin charge is the only thing i have to query.

cheers,
colum
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  #107  
Old 20-04-2007, 10:26 PM
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Location: London
Posts: 103
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Quote:
Originally Posted by gtmash
Dude, your agent is trying to rip you off. The 850 charge is correct. The Nakheel admin fee is 2000. A lot of agents add their own 1000 to that number. The service charges seem correct for a 1-bd ( but I haven't calculated). There is a grey area over whether the LAND reg charges are 1% or 1.5%, but I did NOT have to pay that to get handover.
Hi everyone

I received a letter today dated 10th April informing to pay all outstanding instalments plus the following charges:

Registration Chagres = 5100
Nakheel Affection Chagres = 850
Nakheel Administration Charges = 3000
Service Charges = 7196.85

Anyone else had a letter from Zero4 yet?
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  #108  
Old 21-04-2007, 03:51 AM
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Posts: 212
Red face Not necersary to pay Land Registration Charge First

Quote:
There is a grey area over whether the LAND reg charges are 1% or 1.5%, but I did NOT have to pay that to get handover.
Land Department were very clear on this contracts before December 17th 2006 charge 1.5% after this date 1%

Lands Department as well as Nakheel very clear that this charge is not required to be paid before building will be handed over.

Razneer Nakheel asked me why I did not confirm directly with them charges that were asked from the Real Estate Agent.

I did not have a
Quote:
Nakheel Affection Chagres
to pay
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  #109  
Old 22-04-2007, 07:39 PM
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Location: London
Posts: 103
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Quote:
Originally Posted by wayneis
Land Department were very clear on this contracts before December 17th 2006 charge 1.5% after this date 1%

Lands Department as well as Nakheel very clear that this charge is not required to be paid before building will be handed over.

Razneer Nakheel asked me why I did not confirm directly with them charges that were asked from the Real Estate Agent.

I did not have a to pay

Wayne

Who at Nahkeel did you speak to and do you have any contact details such telephone number or email address?
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  #110  
Old 23-04-2007, 12:36 AM
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no letter about that yet, will be in touch with them though!!!!
let you know as it happens.
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