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According to the news and research of seniors, 2012 will be good for Dubai real estate and property sector.
Business Bay and Dubai Marina are the places where you can find a large number of tenants and investors. There are also many new projects of apartments in these places and investors are taking interest due to heavy demand of property over there. According to the news and research of seniors, 2012 will be good for Dubai real estate and property sector.
Business Bay and Dubai Marina are the places where you can find a large number of tenants and investors. There are also many new projects of apartments in these places and investors are taking interest due to heavy demand of property over there. RERA are now starting to take action and have officially cancelled the project i need a payday loan asap i invested in on JVS but realistically you cannot possibly think that anything is going to get better for Dubai in the short term without some serious transparency and some serious international news that investors are not losing their money for old investments.
Dubai property market is growing up instead of falling down. Investors and visitors are taking interest in Dubai rental apartments and hotels.
There are many cheapest personal loan rate new projects that are going to be start in Dubai Marina, Business Bay and Downtown Dubai. So, we can easily say that Dubai property market is growing up instead of falling like past years.
RERA are now starting to take action and have officially cancelled the project i invested in on JVS but realistically you cannot possibly think that anything is going to get loan application better for Dubai in the short term without some serious transparency and some serious international news that investors are not losing their money for old investments. Whist there is no question that there have been (and still are) some pretty unscrupulous developers, there is another side to the story.
In addition, many investors took on liabilities with insufficient funds hoping to flip and make a quick and easy killing and there is no doubt that the market in the 2-3 years prior to September 2008 was driven by investor (or more correctly speculator) greed.
Whilst there is sympathy for anyone who lost their life savings there is also bewilderment that they invested all of them in this market to begin with!
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This make you think is the crime of rip off of the Investors by the Developers is officially legalised in Dubai? The fact is that there cheapest personal loan rate are good regulations and Laws in Dubai but they serve the Developers. The investment environment is very hostile and there is no support from the Government. People invest money all over the world instant direct payday loans but can point another country or city with so many rip offs? At the same time the crime rate in Dubai is practically no existant. This make you think is the crime of rip off of the Investors by the Developers is officially legalised in Dubai? We believe that the main problem is in RERA not in the developers.
RERA seems to support what the developers are doing with the delays in the projects and the uncertainty about the Escrows. We believe that we have to put pressure on RERA to clear their position, to release the money from the Escrows so the Developers can built again or to refund the money to the investors so they can have a choise to invest again. If any body is interested to sign the petition, please PM me so I can send you a link. We have over 100 signatures already and we need some more. The petition is not project specific and is directed towards RERA. If someone is interested in signing the petition directed to RERA, please not that both petitions are not project specific.
We intent to ask for more transperancy from the Government in Dubai and help with our ongoing problems payday direct lender with the Developers.
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Look at the petitions above and if you would like to be part, sign it. We need more investors to come together in order to achieve something. The sad state of affairs in Dubai means that IMO the market has falled apart. An email forms an audit trail where they can be held accountable.
I hope people will not repeat small cash loan our mistakes of investing in Dubai. New great article which should be a footprint for all future investors in Dubai. The articles confirms our experience in investing in Dubai: 1. To get out of contract or to get your money, you need to go to Court which is lengthy and expensive. Due to complexity of the system, there is no guarantee of success. They may not have the assets at the end of it and so write it off.
There is no Government organisation to protect investors. From personal point of view, only speculators benefited from the property book. The genuine buyers are stuck with the option to live in their properties and pay tremendous service fees or to write-off their investments.
I would bad credit loans no fees no guarantor no broker recommend, if you have to live in the city, opt for a furnished apartment and do not waste any time exploring property investments. For the information about the property management this a very good link if you are a property Business man or holder you should link it and get more information is a information provider a to z about the property management.
The latest property sales in Dubai indicates that people are still prepared to buy... My feeling is that there are people willing to buy and they will be much more if the Government sort out the problem with the offplan projects. I put prophesing the end on Dubai on par with the willingness to perpetuate euphoria and optimism in light of the current situation. I wish people there, trying to make an honest living and working in difficult conditions the best one can hope for. I have no sympathy for manipulators with vested interests trying to keep markets at inflated levels while they gather enough suckers to pass them the hot potato. The Market has been very flat in cheapest personal loan rate Dubai but if you buy, juts buy a built properly.
It may seem Dubai is improving especially with ready properties and rental incomes but I fear for the integrity of all of these if the backlog of issues created by the off-plan speculative era is not dealt with by the bodies that should be concern. The implication of that is that investors who play in that market most not go to bed and if they do, it has to be with only one eye closed. The Market has been very flat in Dubai but if you buy, juts buy a built properly. Do not buy under any circumstances off plan, even if you think that is a very good deal. Thousands of Investors lost money by buying off plans. I had no idea that malaria still existed in the UAE and International City clusters had the cheapest prices I found so far ah ah, let me laugh. This is a land where thieves and liars prosper and many live off the stolen money earned and invested by hard working investors........ The sad state of affairs in Dubai means that IMO the market has falled apart. An email forms an audit trail where they can be held accountable. I hope people will not repeat our mistakes of investing in Dubai.
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