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End users will find more modern units for cheaper prices.

Rentals in the mature communities will remain on growth, supported by corporate tenants( specially for small units ) while border areas will definitely rise supported by migration from expensive areas by non corporate tenants. Considering poor credit loans 3500000 Expo 2020 jobs supply, it will push a lot of demand in the market more towards affordable accommodation which will be around borders( Sport City, IMPZ, DIP, JVC).

Basically investment in Dubai now is kind of limited to off plan properties with fair payment plans. Investors tend more toward this direction as a guaranteed form of investment in selected projected either by location or quality. I think we are unlikely to see rapid capital appreciation as witnessed between 2007 - 2008 and 2012 - 2013. Prices are coming down, sellers are available in the market but buyers are awaiting right moment. Things will remain like this for at least 8-12 more months. Medium Term: Starting from mid of 2016 until 2020, i see a huge demand of occupancy arriving in the market and developers need to be ready to make sure they can supply as per demand. That will be a good time for investors to make money as more sellers will be easily available in the market. Long Term: well it depends on the policies of Dubai Government that what they have planned in the pipeline.

I think Dubai is better option for long term investment as per current scenario and one more thing is that we can get high ROI if invest in commercial property like office, retail spaces, etc... As you know, self employed loan a new developer (IAH) has taken over the project from the original one (KM Properties).

Now they are sending out NEW contracts to investors where they change areas, payment plans, etc, adding new clauses, etc.... It is important that we as a group review the changes and negotiate what is best to our interests. Please join the discussion and see how we can accomplish this! My original office area was 575 sqf which they increased to 717, but news developers are saying that the net area is like 334 which is less than half of total gross. They are saying that KM Properties cheated us by increasing the common area, but the new developers are carrying on with the cheat!!.


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I think they should revert it back to 575 which was the original area. I only know one other investor, otherwise if we knew a few, we could employ a lawyer to act on our behalf and advise us as to sign the new contract or not. If you know one, and I know another one, we are already 4 investors with the same concerns: changes in the area, new additional terms like the right to increase the price (! This is just to let you know that I have registered with mexico employers payroll loans the property forum and I saw your messages on Tamani Arts Bldg. Thanks - Mohammad I have written to them asking why they want to charge us so much more area when they know that KM cheated us by increasing the common area e. Thank you for sharing your experience on Tamani Arts. My experience with them is so bad since the i need a payday loan asap time of the old developer, KM Properties.

They were not just cheating on floor mexico employers payroll loans areas they were in fact stealing money. There is a major discrepancy of over half a million AED between the amount of money I paid and the amount received and shown under the escrow account of the project. I told KM Properties from 2008 that I will not make any further payment and I will not sign any contract until this issue is resolved. However, since then no action was taken from their side. Now, IAH have inherited this problem and I am not sure how they are going to deal with it. If you know one, and I know another one, we are already 4 investors with the same concerns: changes in the area, new additional terms like how to borrow money mexico employers payroll loans online websites the right to increase the price (! As I said originally, it is important to get as many dissapointed investors as possible in order to get our voice heard when we complain. I offer myself to collect and coordinate info, but we need the invaluable help of investors residing in Dubai, as many of us are abroad and therefore contacts with RERA and others are not so easy. As I said originally, it is important to get as many dissapointed investors as possible in order to get our voice heard when we complain. I offer myself to collect and coordinate info, but we need the invaluable help of investors residing in Dubai, as many of us are abroad and therefore contacts with RERA and others are not so easy.


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The whole point of forums such as this are for people to exchange infomation and views openly. If everything is done by private message or email this forum would be dead. Please use private messaging and email each mexico employers payroll loans other only if the information is confidential or delicate. That way EVERYONE can benefit from the information.

The developer is a company called The Developer Properties LLC , as it shows in the new PSA contract you must have received. They have crated this company to conclude stalled projects and ensure completion (interesting enough, they have only engaged in the 2-3 projects that KM properties did not conclude.. I have one unit and received the new contract that I will never sign.

Size cut has no formula since each investor got different size cut using the excuse of common area. Interestingly enough discount is also given with different figures to each unit, just randomly I guess. I have no intention to sign whatsoever and will seek a group to join for legal claim against original developer since new developer has no credible status even in RERA. It seems there are about 160 unfinished developements and IAH has been given these 3 and if they do a good job, then more will be given to them.

It seems there are about 160 unfinished developements and IAH has been given these 3 and if they do a good job, then more will be given to them.

I think you are referring to the ratio gross to net area, right?

I am meeting AMLAK next week and will ask them not to sign the SPA.. New Developer cannot waive emergency bad credit loans off obligations of Old Developer towards investors.

Please inform how many of you have received Oqood registration document from Dubai Land Department. Normally investors were not even aware regarding such huge difference between gross and net area.

I was called by the new developer today and basically was told they will carry on with the areas as they are. I am also ready to get a lawyer if all of us can join in. New Developer cannot waive off obligations of Old Developer towards investors. Please inform how many of you have received Oqood registration document from Dubai Land Department.


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Normally investors were not even aware regarding such huge difference between gross and net area. New Developer cannot waive off obligations of Old Developer towards investors.

Please inform how many of you have received Oqood registration document from Dubai Land Department. Normally investors were not even aware regarding such huge difference between gross and net area. My original SPA duly signed on 31st May 2009 states, Gross sold area : 1233. We must open a case in Dubai courts and we will get results. I live in UK so I have payday loans lubbock to plan a visit to Dubai, but I would join a group action and if possible seek the help of a lawyer. Individually it would cost a lot but if we join together it would be cheaper to have a good private personal loan lawyer. A group action is effective with individual power of attorney by each member in the group is given to a lawyer will fetch results.

Opening a case in the court may mexico employers payroll loans require solid evidence of irregularities and may be the last resort by a lawyer on a point of law.

Simplicity of the matter is that we all have original contracts mexico employers payroll loans and those contracts have been breached hence we are entitle for a full refund plus compensation. On Sunday, we have meeting with person in charge at Dubai Land Department to discuss this matter on behalf of our Client. However, legally going through Arbitration is not advisable, as this property no longer belongs to KM. Three major issues- size difference, unacceptable delay in construction work and quality of construction work (it is grade b).

If money lenders bad credit group approaches us, we will provide full assistance and solution. A group action is effective with individual power of attorney by each member in the group is given to a lawyer will fetch results.

Opening easy installment loans a case in the court may require solid evidence of irregularities and may be the last resort by a lawyer on a point of law.