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Looks like this might get very messy unless you are careful. Its best to get advice from a Mortgage company as these issue can get complicated based on your country of residence.

Invested money for 6 studios in Paramount Hotel Jumeirah Waterfront with Damac Properties. The construction of project has been stopped since the government is expanding the port in that area. The project is on the stage of cancelation but not canceled yet.

What is the procedure of getting the refund if the constructor had refused to return the amount? I am seeing more and more people seeking government assistance to get their Dubai investment monies back. Is there a big problem in Dubai or is this simply historic issues now being addressed?

The site owners will not appreciate you using the forum to take members off line.

If you have info for other investors it is probably best to post it online - assume they are factual and wont attract legal action from the developer.

Reliance 1, 7, 11, cheap pay day loans 13, 14, 16, 17 transferred to Tanmiya Committee. So who knows what about Reliance 2, 3, 8, 10, 15?????

A Reliance investor who has been to the courts has been told there are no assets relating to Reliance and that is why they have been removed from the website. I am sorry but forced to ask , how reliable these sources are who inform on the course of actions taken in the court. Also at such instances there are rumors in the market. But seeing the businesses of Reliance in India, one cannot believe that they are cheating in Dubai. I thought that the legal system covering the UAE property market had been updated in recent years? Have the authorities learnt nothing since the 2008 US mortgage crisis? I remember there was a multi page thread about Al Khail Heights where investors would discuss the situation and updates from Texture. Rent to own schemes are slowly getting popularity in Dubai. In these schemes, they need to pay a bit higher rent than normal but they own a property in the longer run. When signing up to a rent to buy deal how does this work? Is it a form of shared ownership or am I getting this all wrong? When signing up to a rent to buy deal how does this work? Is it a form of shared ownership or am I getting this all wrong?


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The extra rent you pay depends on a lot of factors. The tenant has no rights on the property until he pays the full amount to own that bad credit instant loans property. If he is unable to pay the amount, then the owner has need 5000 loan the right to sell it for others and he will not return the paid amount to the earlier tenant.

They do this by some agreement, I guess (Not sure abt this). Surely if the developer is funding the scheme in Dubai then they are taking on the cost of building the homes and then retaining them for rent to payday loans surrey buy participants? Or do they simply refinance the properties when they are complete (banking a paper profit) and retain ownership with a constant flow of rental income until the homes are eventually sold? Reliance 1, 7, 11, 13, 14, 16, 17 transferred to Tanmiya Committee. So who knows what about Reliance 2, 3, 8, 10, 15????? A Reliance investor who has been to the courts has been told there are no assets relating to Reliance and that is why they have been removed from the website. I am sorry but forced to ask , how reliable these sources are who inform on the course of actions taken in the court. Also at such instances there are rumors in the market. But seeing the businesses of Reliance in India, one cannot believe that they are cheating in Dubai.

I thought that the legal system covering the UAE property market had been updated in recent years? Have the authorities learnt nothing since the 2008 US mortgage crisis? Hey, I know one of the companies who is providing these short-term rental services. If you are attempting to advertise a business to members I think you should be contacting the forum owners as a matter of courtesy? There is this new neighbourhood called Dubai South there are a lot of new properties single mother loans there that are really affordable.

Dubai South is supposed to be close to the Expo 2020. I just wanted to know if anyone was investing in property there? I found a few really good deals but I am a quick money loans online bit skeptical about it all. The property I was initially looking for was The Pulse, I contacted them and they told me they sold out on the first day.


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This is the property I am looking into investing in.

They are offering really flexible payment plans and the price is really hard to beat. When it comes to prices, i can not tell you how expensive this is, but i think 280000 dhirman is very cheap! The point of property is not cheap, is keeping values. The new airport, potentially the largest in the world when fully operational is a needed infrastructure that will allow Dubai need 5000 loan to maintain and grow its lead as the busiest airport hub in the world, currently catering to about 80 million passengers annually. Fly Dubai is already moving its entire base of operations here.

The first projects in this area will offer the most significant opportunity for capital need 5000 loan gains and strong rental yields. Over last few months we have seen a number of high-profile skyscraper fires across the United Arab Emirates. The authorities have seemingly unearthed a material called ACP (aluminium composite panels) which is used in two thirds of buildings around Dubai. We will need to await the official report into these latest fires but there would The authorities seem to have identified potential issues with the structure of the buildings in question and we should hear more in due course. Whether this will slow down the constant need amongst developers to build the highest skyscrapers remains to be seen but it is of concern. The Torch tower in Dubai Marina caught fire 3 times in 3 years and this happens to be one of the foremost communities in Dubai. Surely there must be a physical limit when the height of a skyscraper tips the balance between safe and unsafe? We just cannot keep on building higher and higher buildings with no increase in danger? The human race continues to push and push at the natural boundaries and, while fascinating to watch, surely the risk factor must rise as these huge buildings stretch further and further into the sky? Rent to own schemes are slowly getting popularity in Dubai. In these schemes, they need to pay a bit need 5000 loan higher rent than normal but they own a property in the longer run. When signing up to a rent to buy deal how does this work? Is it a form of shared ownership or am I getting this all wrong? When signing up to a rent to loan payday buy deal how does this work?

Is it a form of shared ownership or am I getting this all wrong?

The extra rent you pay depends on a lot of factors. The cash advance tampa tenant has no rights on the property until he pays the full amount to own that property. If he is unable to pay the amount, then the owner has the right to sell it for others and he will not return the paid amount to the earlier tenant. They do this by some agreement, I guess (Not sure abt this). Surely if the developer is funding the scheme in Dubai then they are taking on the cost of building the homes and then retaining them for rent to buy participants? Or do they simply refinance the properties when they are complete (banking a paper profit) and retain ownership with a constant flow of rental income until the homes are eventually sold? The lawer is very optimistic (there is good chance of getting the money back) and already has pretty much of clients.

A lot of people will bw trying to get their money back through the court. So are there any people who would like to get their money back? When I spoke with Tameer in September 2012 they confirmed that they are waiting for approval from the master developer to allow their new main contractor on site but they did not know when this will happen.

This story they have been telling me since January 2012. They offer no money back but are willing to offer discounts and extending the payment terms.

This I have rejected because I have lost confidence in them. I have instructed a solicitor and we are filing for arbitration in Abu Dhabi in the new year. Hey, I know one of the companies who is providing these short-term rental services. If you are attempting to advertise a business to members I think you should be contacting the forum owners as a matter of courtesy? There is this new neighbourhood called Dubai South there are a need 5000 loan lot of new properties there that are really affordable. Dubai South is supposed to be close to the Expo 2020. I just wanted to know if anyone was investing in property there?