International City is Doing Great

[wayneis]

Originally Posted by sanairug

Your case is a bit complicated fist of all what is UPSA?

Sorry I meant USPA
Unit Sale & Purchase Agreement. This document is required to obtain a Bank Loan. Nakheel had huge problems getting this document out in the beginning. My experience 17 months until I received a USPA, which meant that at any time the Agent could have done a runner and absolutely no come back at all to Nakheel.

Nakheel's Position at all times was that the initial agreement was between agent and buyer and until the USPA was signed dated and provided then they had no liability. Talk about a cop out!

Admin Fee = An excuse to charge $$$$$$ with no accountability and very little transparency. Owners and Buyers like my self are entitled to an answer instead of the wishy washy response we have had to date.

Considering that office staff here in Dubai are paid a pittance then the charge is just another way of milking the cash cow.

[qurema0c]

sanairug, in your last message you hoped that wayneis has not bought his apartment from ARY. I know they are not good and causing a lot of trouble. We have gone through hell because of those bad people.

I have a Studio in Persia and still no sign of possession.

Can you please explain a bit more about ARY. What is wrong about their buildings?

I would appreciate your assistance.

All I know isthat ARY is a mess and saty away from them If you have aunbit in ARY then let me know other wise do not buy there period.

[qurema0c]

Well really i have no idea what to do now as i have already bought from ARY and they are really giving hard time to us all.

[laguna33p]

well what do you all mean by hard time??? Not answering emails? have they run away with your money? i checked their website and it still appears to be very professional and genuine.

[anwar khan]

hi sanairug..i ve been reading ur msgs which i found quite interesting.. hope we all get our apartments keys soon.. thts true our investments have appreciated quite alot thts the only thing that calm me down... bcz handing over process driving me mad...

[Lsab]

Originally Posted by sanairug

1 Bed room Ready unit you can sell in todays market fm 410K to 460K depending on the location and the floors. the lower end is France and Greece the higher end is England. genrally any unit can sell over night for 435K net to you apart from France and Greece. Studio are from 290K to 330K same story France and greece are lower end England is the highest. you can move easy ly for 315K let me know if you want to sell i have some ready invertors in my panel. Welcome to Home4Uintl.com.
Rental is Studio from 36K to 40K 1 Bed 48K to 52K per years rent paid in two cheques and you will get 5% to 10% security deposit.

Hi sanairug. You said on the Greece thread that Greece will be the most profitable in terms of sale and rent. On this thread you say it is at the lower end. Which is it please?

[paul889]

Hi gentlement,

Had read all the msgs which helping me a lot. Do you anyone have some suggestion on how to get the home lone or mortgage? thanks in advance...

i am looking into the Global Green View2.... Does anyone have idea with that building?

paul

[reddevil82]

Originally Posted by paul889

Hi gentlement,

Had read all the msgs which helping me a lot. Do you anyone have some suggestion on how to get the home lone or mortgage? thanks in advance...

i am looking into the Global Green View2.... Does anyone have idea with that building?

paul

You can go to lenders' websites and check which projects and developers they have approved. If you have UAE resident visa, you have more chance to get a finance but normally Europeans and Americans non-UAE residents get upto 60% finance (70% in rare cases).

When I last checked Global Green View 2, it was not financable and the building is ready for some time now and still not leased out. I'm not sure if it was views 1 or 2. Whichever building they made first. I have not been inside myself but second hand info is that its not that good. CBD is supposed to have better quality buildings with gym and pools but its not the case with all and you need to check properly.

[reddevil82]

ARY sold apartments confirming finance will be available. Non resident Pakistanis do not qualify and ARY themselves did not give any finance and people had to forfeit apartments or sell them back to ARY at original price minus service charges. Then ARY sold those again making another killing! Bravo!