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Go Back   Overseas Property Investment Forum > Middle East property > Dubai property > International City - Dubai - Owners Group Forum

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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Miscellaneous Questions: Post them here - Page 13

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  #121  
Old 12-07-2007, 10:41 PM
SAH SAH is offline
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Join Date: Apr 2007
Posts: 78
Default

i suggest you pay order the best because money out from the account and you have verify pay order from the issuer bank this is original or not once bank OK then you accept pay order and submit into your account anywhere in the world
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  #122  
Old 13-07-2007, 06:13 PM
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Join Date: May 2007
Posts: 48
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Whatever happened to Thailand? Are they not going ahead with that then?
What are they going to do with all that space?
Maybe a giant communal sandpit maybe?
And what happened to the public park I was promised/
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  #123  
Old 15-07-2007, 10:39 AM
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Join Date: Jul 2007
Posts: 9
Default China cluster

Hi guys,

I live in china cluster. It stinks like hell here. Though its not a regular thing, when the smell is out, u r better off in locked doors r out of that area cos its quite bad. But i got no choice, hopin dat somethin will happen...
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  #124  
Old 15-07-2007, 01:24 PM
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Join Date: Jan 2007
Posts: 212
Red face

dadruid has been coverd in the press on several occassions, looks like it will be some time though before a solution is implemented

Below from Emirates Today Press report March 2007
Quote:
Emirates Today reported in Feb 2007 that several residents of China Town at the International City had complained about an unbearable smell from the treatment plant in Al Awir that gave them sleepless nights.

About 700 tonnes of sludge is generated each day following treatment of dirty water. The sludge is left uncovered, resulting in a foul smell.

By the end of the year, facilities will be created to either incinerate the sludge or treat it said Talib Abdul Karim Julfar, Director of the Drainage and Irrigation Department.
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  #125  
Old 15-07-2007, 05:01 PM
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Join Date: Jan 2007
Posts: 212
Red face What Bank Finance is Available for International City Please Post Information here

One of our members asked about Bank Finance. If any one has up to date experience on rates and conditions could they post the information here.
Quote:
Originally Posted by eyeC
hi wayneis
i was wondering if you know if anyone is financing IC property i went to tamweel today they said they finance only 70% for a max price of 600 AED/sft
so they think the property in IC is worth 600/ft AED only and they dont agree to give finance for all buildings
do you know any other financer
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  #126  
Old 16-07-2007, 03:52 PM
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Join Date: Feb 2007
Posts: 197
Default no wonder

No wonder why they r not financing or financing at such a low value
35000 units will be released very soon in JBR going rate 100,000 for 2 BR apartments even less direct from some owners is this THE START
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  #127  
Old 17-07-2007, 07:19 AM
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Posts: 212
Red face

Talking with different Banks I get the impression that one of the main reasons Finance is challenging with the International City Project is that the Developer Nakheel has "dropped the ball" several times as well as "moved the goal posts" so they are reluctance to lend funds.

Nakheel is the "Master Developer" of International City however the plots were all sold to developers who the had to construct buildings that were in line with International City’s themes and aesthetics.

Once again when the project is completed more Banks will jump on board.

eyeC I checked with JBR they are saying they have 6,500 apartments 36 Residential Towers
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  #128  
Old 17-07-2007, 02:12 PM
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Default hi wayneis

this what a construction manager told me 35,000 apartments hes working in JBR
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  #129  
Old 17-07-2007, 03:48 PM
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Exclamation hi wayneis

maybe you right about the JBR what about TAMWEEL valuation any comments why its so low please explain
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  #130  
Old 17-07-2007, 03:51 PM
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Posts: 197
Thumbs down i think they r building somwheer else now

only dust they left behind them
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