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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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  #11  
Old 08-06-2008, 07:09 PM
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Originally Posted by SAH View Post
Wow! i have just purchased a shop in Greece K10, 474 sqrfet 430000DHS
i think i lost my investment is it true?
did u buy it as gross area or net area ?
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  #12  
Old 08-06-2008, 07:47 PM
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Originally Posted by kaku67 View Post
did u buy it as gross area or net area ?
Including all fees commission etc 429,000 DHS in paper it says 464. area
i lost my money or what?
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  #13  
Old 09-06-2008, 10:13 AM
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June : International City, Dubai – A Commercial Gold Mine : Gowealthy.com
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  #14  
Old 09-06-2008, 12:19 PM
SAH SAH is offline
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Demoniise
- its a nice dream?
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  #15  
Old 09-06-2008, 07:43 PM
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Demoniise
- its a nice dream?
i just want to know . the square feet area u quoting is it gross area or net area . because net area is around 20 % more than gross area . for example i bought my shops on net area which was about 750 sq feet and its grossarea is 927 sq feeet . u should ask ur agent if its net area or gross area .
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  #16  
Old 09-06-2008, 07:47 PM
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Originally Posted by SAH View Post
Including all fees commission etc 429,000 DHS in paper it says 464. area
i lost my money or what?
it all depends , on jafza if they keep on tsking ages to give licence than no one can start buisness , and prices will keep on coming down , we are very small fish in the ocean , maybe they waiting for some big invester to finish the project first.
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  #17  
Old 09-06-2008, 10:22 PM
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it all depends , on jafza if they keep on tsking ages to give licence than no one can start buisness , and prices will keep on coming down , we are very small fish in the ocean , maybe they waiting for some big invester to finish the project first.


Dear all,

Jafza is a problem to get a license than comes nakhell, EHS, CEO to many problems
We have bought a shop last year October and still not pass CEO.
But the same procedure becomes standard for Dubai.
It is very difficult to run a business
Some people are already very upset and sell the shops for 600 per sqft.
Around 100 shops are occupied from the total of 3000
That’s mean if nothing changes all of us will loose
I remember at the beginning the price per sq ft for a shop was 600 and now is the same.
Unfortunately 3000 shops is a lot and will never happen.
This is to show that the property market is cracking from the ground floor.
If they build the metro to international city things might change but for now nothing is happening
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  #18  
Old 09-06-2008, 10:38 PM
SAH SAH is offline
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Originally Posted by georgihh View Post
Dear all,

Jafza is a problem to get a license than comes nakhell, EHS, CEO to many problems
We have bought a shop last year October and still not pass CEO.
But the same procedure becomes standard for Dubai.
It is very difficult to run a business
Some people are already very upset and sell the shops for 600 per sqft.
Around 100 shops are occupied from the total of 3000
That’s mean if nothing changes all of us will loose
I remember at the beginning the price per sq ft for a shop was 600 and now is the same.
Unfortunately 3000 shops is a lot and will never happen.
This is to show that the property market is cracking from the ground floor.
If they build the metro to international city things might change but for now nothing is happening

i purchased around per 860sqft 4 weeks before how can u say 600 now? located in greece cornor at front huge parking space also the shop still not transfered on my name becoz the agent says waiting for titledeed and it takes weeks maybe a month something strange goingon with this.....
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  #19  
Old 16-06-2008, 12:55 PM
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Originally Posted by SAH View Post
i purchased around per 860sqft 4 weeks before how can u say 600 now? located in greece cornor at front huge parking space also the shop still not transfered on my name becoz the agent says waiting for titledeed and it takes weeks maybe a month something strange goingon with this.....
who recommended u to buy a shop . dont u read this blog . i am tring to sell my shop in england cluster corner on the main road with lots of parking , best location . and u bought a shop in greece r 860 sq feet . u shold have ocntacted me .
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  #20  
Old 16-06-2008, 02:06 PM
SAH SAH is offline
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Originally Posted by kaku67 View Post
who recommended u to buy a shop . dont u read this blog . i am tring to sell my shop in england cluster corner on the main road with lots of parking , best location . and u bought a shop in greece r 860 sq feet . u shold have ocntacted me .
Send me ur details plans etc still not transfered on my name agent says after 45 days mou contract will go void and if you want to wait then wait otherwise you can buy other without losing money so please send ur shop details to me price etc.
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