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.
You don't need the actual contract. I went to DEWA without the contract. Found out I needed it. Called building owner's office and had the sales agreement page faxed directly to the desk of the DEWA person I was dealing with (or you take a copy with you beforehand). Apparently DEWA is set up for a case like mine. And a DEWA connection won't cost you anything if no one enters your place. You get your 1k desposit back when a tenant transfers billing.
GTMASH
Since you have been to the DEWA office, can I ask you if it's necessary for non UAE owners to have a residence visa in order to get the elec & water connected?
Ok... this is scary stuff that you guys are telling me. here is the full story.
Last July i bought three studios in IC. one in china cluster in my name & two in persia in my two brothers' names. I was given three MOUs attested by the dubai court. I have these documents which have the arabic translation of the MOUs with the court stamp. Please tell me what r those documents & if they r worth something legally
Anyway, whenever i asked whether the apartments have been registered in our names the agents told me it'll take more time since Nakheel ppl r very busy.
Then in january i received this contract but the first few pages had a stranger's name as the joint owner along with my brother. so we refused to sign the contract & returned it to nakheel for correction. I have yet to receive any response.
Now all i have r the keys to that very apartment & the MOUs & the court documents. Please tell me i have something
Sadozai We are all posting information here based on our own experience and knowledge.
My advise get on the phone to Nakheel and call them. You will get the run around, tell them you need to speak urgently as you paid money for an apartment have the keys however only have MOU's attested by the Dubai court and believe fraud may be involved.
If you have been told that registration has been delayed since July 2006 I would be very concerned as yes there is a back log however it is only 3 to 4 weeks to get an appointment to sell / transfer your International City Apartment at the Nakheel Head Office.
Nakheel do not recognize MOU's. ONLY the Nakheel Contract.
Last month there was a 3 week waiting period to do a property transfer with Nakheel for the International City Apartments, this can be brought forward if the Agent or buyer/seller has any connections, this has been my experience.
To do a transfer you need an appointment with Nakheel to do the transfer at their head office on Beach Road located near The Palm Turn off. If you can not be present then you need to delegate this to another party and I believe give them power of Attorney to do this.
Both the Building Owner and Owner or Seller of the Apartment must also be present and both parties must have the Nakheel Unit Sales Purchase Agreement so that a transfer can take place.
Hate to get you worried however if the other party was being fraudulent they could sell your apartment and you would not even know about it.
when you say stranger's name, are you sure it is not the building owner you are referring to??? i noticed on my contract the seller's name (building owner) was someone i did not recognise
In answer to your question, whether the court attestation has any legal significance, I don't know. It may have some.
The reason I say this is that I am in very much the same position as you. I purchased three apartments. I have received Nakheel contracts (the USPA, that is) for two of them, but have received nothing for the third. All I have is a series of payment receipts, booking forms, etc. from the agency/realtor, but these are worthless. I know this because I have been double-booked four times now for, and of all of these receipts counted for nothing with regards to ownership of the previous four apartments.
In your case, with regard to the apartment they have given you the key for, I think you have some grounds to be optimistic. The very fact that Nakheel have previously registered your brother's name (even if they did it incorrectly) does mean at least your apartment hasn't been sold to somebody else.
The legal attestation in the court may or may not be strong enough to guarantee you eventual ownership of the three apartments. But if your agent has sworn in front of the court, I definitely think it would make harder for them to run off with your money and deny giving it you back.
If your agent is well known and well established, I think you will at least get your money back.
In my case, I have to admit the probability of getting the third apartment is not certain at the minute. I know for a fact at least two of the previous apartments I had been booked for have been sold to other people. I know this since my mother has found and actually met them.
However, I am confident I will get my money back and I am definitely going to demand some kind of compensation, say current market value for the apartment plus any legal or other expenses incurred. I don't want to sound smug, but I did consider all these possibilities before buying. Ultimately if you are dealing with a well known agency, they can ill-afford the bad publicity. Some agents are admittedly hard-faced and so completely unscrupulous that they couldn't care less how much bad press they get. I, however, calculated for the bigger and better known agencies, it would not be worth their while to generate such bad press over one or two sales. So far, I am inclined to believe that my agent Gowealthy will do the honourable thing. Let's hope I am right. I hope your agent also behaves correctly with you.
Is land Registration Fee & Nakheel Registration Fee Same?
I have paid, so far, to ARY AED 17.000 more than it was promised for a one bed apartment in Italian.
Having said that, I want to have info about another matter:
I paid to ARY AED 6,300 for “Nakheel Registration “fee” back in year 2005.
And now they charged me same amount in the name of “Land Registration Fee”.
I sent their demanded money (the subject money and much more under "Other Expenses"), immediately, as I did not want to provide them an excuse for cheating me and canceling my apartment or charging me a fine for a delay in dues payment.
My question is: Am I supposed to pay those BOTH payments separately or it is only ONE payment and ARY is simply exercising their known ethics, they are now very famous for?
If I am right than I can at least take the matter to Nakheel, if I am ever successful in getting the keys from the cheaters at ARY.
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