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How long the re-tendering process takes, building contractor appointed and project completed, who knows.... Have they actually taken bad credit unsecured loans instant decision any action against any builder as yet?

Hi Rera are quite active and strong dependent on the circumstances they have taken over quite a few projects. What they can and will do if they get enough official complaints is loans without cosigner force Abyaar to sign up with one of their listed investors to complete the project and Abyaar will have to foot the bill of any loss. I have now got two other buyers contacted so you make three and there is also an agent ( Flash properties) who have reserved a bunch of apartments Hi IcetonI am interested to purchase a unit there and would like to know how high the risk is I will be loosing my money.

Construction has still not yet started from being stalled last October although Abyaar have told me it is due to start very soon again ( only verbal info). If you are buying through an agent be very very very carefull, there are some agents advertising units for sale and have took deposits apparently on units they are not authorized by Abyaar to sell.

I understood that the rules in place RERA registration etc. How can it be checked that they are entitled to sell units from the developer? If the licensed one do not stick to the rules there are consequences or not? The only way to avoid 1500 loan this is to insist that you see the agreement between the agent and the developer ( in this case Abyaar) authorizing the agent to sell the unit he says he is. And then insisting on a written time limit for the developers reservation receipt to be issued or full money has to be returned. The reservation deposit has then to be handed over to the developer and placed in escrow, again insist on knowing the escrow details of the developer. Hi Iceton, thanks for your help and advise in the matter. As you are an expert in the Marina area would you in case you would not be owner of a to be finished unit in the Pier 1500 loan 8 tower, consider buying one at this point in time or you would consider it to risky and not be finished before 2017 or at all?

There are actually loads of agents offering units and one particular one has very big bulk sales available. It should take only 4 to 6 monthes but since so many investors stopped paying due to the financial crisis which affected Abyaar also and made them restrain the funds to save what can be saved, but anyway I closed so many deals with them and they have been very cooperative but scared. The unites shall be ready before June 2015 but they must give themeselves some grace period, incase they did mention the aforementioned date. I know of borrow a loan a person called Mr Nizar who doesnt seem to be interested in taking calls. Does anyone have any other contacts in Abyaar who knows about Pier 8.


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I think if you are an estate agent then you have the responsibility to get the correction information from Abyaar please before relying on the information by the seller. I am in the process of filing a lawsuit against Abyaar to try and get a refund for my investment in Pier 8. I think if you 1500 loan are an estate agent then you have the responsibility to get the correction information from Abyaar please before relying on the information by the seller. Have you managed to get any completion date from the company? Was told in October that the building contract has now been signed and work will commence in 2 weeks time. Called today and was informed construction still not started and the only contact who knows about Pier 8 is out of the country....

The construction has been delayed indefinitely and I am now in the process of filing a civil lawsuit against first cash advance hours Abyaar. I have already paid 85,000 AED and the lawyers are working on preparing the papers. Would like to have some update from investors of Pier 8. As the developers seem to be 1500 loan just giving dates and postponing their commitments. If any of you have some first hand information it will be great.

Tx I am looking to buy in pier 8 and make up my mind to buy after long hesitation. I am strongly advising you not to go ahead with Pier 8. Today is Thursday, so when this week they will start? They keep saying for the past 2 years that the construction will restart again next week , next month and so on so my only question how naive you have to be to even consider buying in this tower considering the history and the fact there is no work at all!

Abyaar Dubai office no longer answering any calls or emails. I am in the process of filing a lawsuit against Abyaar to try and get a refund for my investment in Pier 8. I have watched the Dubai property market from afar with great interest. Surely the new regulations should cover investors who have been the subject of delays?

I thought the whole point payday loans cash advance of these new regulations was to give investors and developers more protection and make the market more transparent?

I have watched the Dubai property market from afar with great interest. Surely the new regulations should cover investors who have been the subject of delays? I thought the whole point of these new regulations was to give investors and developers more protection and make the market more transparent? Bought an apartment in pier 8, impossible o contact developer , not getting any feed back on status of project very hard to find out what is happening can anybody update if they have any news.

Pier 8 has been under cancellation decision on RERA website for nearly a year?? Does anybody credit loans know or sueing Anyaar can give us an update as to what is expected outcome )? I have 2 bed in Pier 8 and i wanted to know has anyone been able to contact the developer or has been able to get a refund for their investment. Does anybody have an update got and email from RERA trust care about they are considering cancellation.

I think getting enough investors together and perusing a class action. I have 2 bed in Pier 8 and i wanted to know has anyone been able to contact the developer or has been able to get a refund for their investment.

I spoke to the sales person on the ground from Anyaar working on Hilliana only. Abyaar Dubai office no longer answering any calls or emails. I am in the process of filing a lawsuit against Abyaar to try and get a refund for my investment in Pier 8.

I have watched the Dubai property market from afar with great interest. Surely the new regulations should cover investors who have been the subject of delays?

I thought the whole point of these new regulations was to give investors and developers more protection and make the market more transparent? I have watched the Dubai property market from afar with great interest. Surely the new regulations should cover investors who have been the subject of delays? I thought the whole point of these new regulations was to give investors and developers more protection and make the market more transparent? Bought an apartment in pier 8, impossible o contact developer , not getting any feed back on status of project very hard to find out what is happening can anybody update if they have any news. Pier 8 has been under cancellation decision on RERA website for nearly a year?? Does anybody know or sueing Anyaar can give us an update as to what is expected outcome )? I have 2 bed in Pier 8 and i wanted to know has golden valley payday loan anyone been able to contact the developer or has been able to get a refund for their investment.