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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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italian cluster

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  #1  
Old 23-04-2007, 02:57 PM
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Default italian cluster

Hi, I am a new member. I purchased an apartment in the italian cluster and still waiting for possession. I received a recent letter from the Agent who is ARY asking for the outstanding balance to be paid. This included amongst other things a breakdown on behalf of Nakheel a late payment surcharge with a 10% mark up. Did anyone else have such an item. I did query the items listed from the deveolpers directly who are Nakheel. They have not stated that I owe them a late payment surcharge.They did however say that they are still due the land registration fee at 1% (ARY were charging me 2%-so I have had ARY change this.) But for some reason ARY are still pursuing the late payment surcharge for nakheel and now decided to add on other items and sothe amount they say I owe is increasing . Has anyone else had such a problem with ARY?
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Old 23-04-2007, 07:28 PM
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ARY are obviously trying to pull a fast one, the greedy idiots
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  #3  
Old 23-04-2007, 07:51 PM
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Default italian cluster

I agree. But what am I meant to do to get the property? Do I just hand over the money which they keep increasing.

Had I known of these so called 'hidden' charges I do not think I would have bothered buying through them!

Also I would like to know what fixtures and fittings they are suppying with the apartment. Does anyone out there know???
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  #4  
Old 24-04-2007, 09:02 AM
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Ms Aliya,
I too purchased from ARY, am in Italian sector U8 building. I paid all the charges cuz they said if i dont they r gonna fine me for delayed payment. I paid 5% charge as service/documentation charge, 2% registration charge, various other charges not mentioned to me before purchase. did you pay 5% as service documentation charge? or is it only for ppl who have paid on time and disguised as "late payment penalty" for people who have paid late?
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Old 24-04-2007, 11:14 AM
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Cool italian cluster

Hi, I bought in IC4. I had to pay 2% registration fee. I received a letter dated 1 March 07 stating that the apartment was ready for handover provided I pay the outstanding balance. This was divided into 2 parts. Payment owed to Nakheel which included a late penalty fine with a 10% markup also the service charge and land registration fee at 2%. Their side I owed them a small balance plus 5% for the service/documentation charges. I queried the items for Nakheel, but as I got no response from ARY I sent an email to Nakheel. It was answered by Sara Mohammed who stated that they required the service charge and land registration fee at 1%. I then wrote another email to ARY for the attention of the G. Manager raising this and that Nakheel have not asked for a penalty charge and secondly that the land registration was 1%. I recently got a reply with an updated balance outstanding.....listen to this.......it has kept in the penalty charge, taken out the markup, reduced the land registration fee to 1%. But then the amount that they say is owed to them, ARY, is their service charge....this has now been itemised....and the total is more than they asked for in their previous letter. The reduction from Nakheel seems to have shifted to their side.....again I have queried this and I am currently waiting for a reply...it has been 2 days now...and still waiting!!!!
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Old 24-04-2007, 12:17 PM
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Red face

Unfortunately many Real Estate Agents charge "Service Fee" and this is nothing other than day light robbery.

My did much the same as you have experienced invoicing me for much inflated Land registration charges ( nearly double )

Why do they continue to do this?

Answer : because they can.

Last edited by wayneis; 11-02-2008 at 04:56 AM. Reason: spelling
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Old 24-04-2007, 12:50 PM
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aliya,

U have been told by ary that your apartment is ready for handover, i bet it is not, they just say that to get the fees. Same thing happened to me with Gowealthy, they said apartment was ready for handover, I paid about 5 weeks ago and I am still waiting for handover
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  #8  
Old 24-04-2007, 01:11 PM
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Smile

I have been waiting for over a year!!

And you know what....I actually went to Dubai so see the apartment in Dec 06.....they did not let me see inside as developers had not handed over the property to ARY. I had a quick view of the area.....construction was still taking place at other clusters.....across the road from the complex was empty land. I was told by the ARY driver that the government have retained responsibility of it to build schools, hosp etc.....is this true??? Even if I took possession I am not sure if I could find anyone to rent it from me yet. I will try to wait as long as I can to get the keys. Give it time to let people move in and get the construction out. I was told that the Chinese cluster has been occupied and that was only because the Govt of China bought it for the chinese workers to live in....??? I do have some pictures that I took of the site. I will upload it as soon as I can for all to see.I am a bit 'naff' with my computer skills!!!
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Old 24-04-2007, 02:54 PM
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well, aliya these guys lie cuz nothing is on paper, and you know what. the contract was on paper if still they can cheat and lie then what goes and saying something unrecording in the world?
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Old 24-04-2007, 03:37 PM
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you are right.
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