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UAE property The UAE Property Forum has been created to service a growing demand for overseas investment property in new emerging markets within the UAE and outside of Dubai. Please use this new section to discuss property in these other Emirtaes such as; property in Abu Dhabi, Ajman, Ras al-Khaimah and Sharjah.

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UAE - Ras Al-Khaimah - La Hoya Bay Residence - Page 15

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  #141  
Old 19-06-2008, 04:52 PM
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Quote:
Originally Posted by kk1974 View Post
In RAK, the government has two criteria for developers: either they go through escrow or they need a bank guarantee for the value of the project, in the case something goes wrong.
Thanks for the info, i have just sent an email to Khoie asking them to clarify the situation
Cheers
Bruce
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  #142  
Old 19-06-2008, 07:05 PM
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Default Lahoya Bay flip opportunity

From only 1000 AED per sqft, you can buy 1, 2 and 3 beds units in Lahoya Bay with only 15% initial payment! The next payment of 15% is due in 6 month time and we will flip them for you before then for quick returns.
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  #143  
Old 20-06-2008, 12:30 PM
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Which building and what apt numbers are you referring to at this price?
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  #144  
Old 20-06-2008, 02:40 PM
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Currently in Blocks A, B and C. More units for other blocks will be available later on. For a flip opportunity, it doesn't matter where you buy really.
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  #145  
Old 20-06-2008, 05:09 PM
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Default Lhb

Quote:
Originally Posted by sammy1003 View Post
Currently in Blocks A, B and C. More units for other blocks will be available later on. For a flip opportunity, it doesn't matter where you buy really.
Not clear how it works. Is this for flipping only? Can you cite clear example please?
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  #146  
Old 20-06-2008, 05:24 PM
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Quote:
Originally Posted by rags View Post
Not clear how it works. Is this for flipping only? Can you cite clear example please?
It is not for flipping only but flipping is a good opportunity you have.

Simply invest in 1,2 & 3beds units at a low rate from 1000/sqft and you pay 15%. Before the next payment due in 6 months, we flip them at a higher rate and cash in on the profit. Alternatively, you can keep them and anyway you would have bought a good deal, or you can buy few units, flip some and sell some. It's very simple!
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  #147  
Old 20-06-2008, 06:06 PM
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[Can you give details of a one-bed apt please - area, view and price? Thanks.
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  #148  
Old 20-06-2008, 06:07 PM
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Originally Posted by rags View Post
[Can you give details of a one-bed apt please - area, view and price? Thanks.
Also, building and floor.
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  #149  
Old 20-06-2008, 10:28 PM
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A friendly agent has been trying to shove 1BR in La Hoya Bay down my throat and says that 1,000 per sqft direct from developer will be the greatest bargain on earth! I would have thought 1000 would be an average price around DSC or JV and hence find 1000 to be on the higher side for Hoya Bay. Can anyone advise me on this? Will La Hoya be a good flip investment in the short term? Is the developer a good one? Do they have RERA and ESCROW as mandatory in RAK?

Will appreciate whatever advice I can get. If you can offer the same to me for under 1,000, im sitting at the other end of empirexp@gmail.com
__________________
Looking to invest in Offices and Apartments in JLT, JV, DSC, Dubailand, Marina
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  #150  
Old 26-06-2008, 06:27 PM
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Does anyone have an idea on on prices for Harbour Beach Residence on Al Marjan Island, RAK ?

any views on Ras al Khaimah in terms of flipping ?

Many thx
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