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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.

Property deeds international city

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  #1  
Old 12-07-2008, 08:56 PM
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Default Property deeds international city

Hi

I bought a one bed flat in IC Persia last August - generally pretty pleased with it - rented out within 2 weeks.

However I have still not received deeds - just sales and purchase agreement when I completed.

I assume I would need deeds if I ever wanted to resell.
Has anyone received deeds ?

Any advice would be gratefully reduced.

Thanks John
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  #2  
Old 18-07-2008, 08:42 AM
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I have owned my 1 bed in China on paper since Jan 07 and in reality since April 07 and have been advised that it is still awaiting registration at the Land Dept and it could be many more months until that happens. This means that I can't sell yet and I'm not happy about it! This may be a problem just for my building as there were some problems locating all the buyers and they wanted to do the whole building together for some reason but I don't know, sounds like others may have the same problem too.
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Old 19-07-2008, 09:43 AM
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Haven't heard a thing about deeds yet (although paid already), or even about this year's maintenance fees. I've had my place since Feb 2007.
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Old 25-07-2008, 10:53 PM
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Isn't this why one can't finance properties in International City?? Also has anyone received a residency visa from their property in International City??
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Old 26-07-2008, 12:00 AM
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Yes I know people with title deeds and visa but not many 5-6 building from the whole city/
The process is on hold and nobody knows for how long/
The business, the property owner ship, people movement all of those have been restricted for the last one year and more restriction to follow – with few worlds no money no fun.
Unfortunately to many reach people and most of them end up in Dubai
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Old 29-07-2008, 11:43 PM
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Default Title Deeds

Hi Guys,
I own A property in the morocco sector,
And have just been contacted by the building owner to supply him with information,passport copy/contract details/etc, looks as though things might be moving?he says the process is begining by land registery to get deeds sent out.
happy days.
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