Gormandy, any chance you can PM me with the details of your sale, my wife & I are thinking of doing the same with our large studio on the 7th floor

Post here the detalis how much did you get, hopefully you did a good deal :)

Post here the detalis how much did you get, hopefully you did a good deal :)

Not sure you'd call this a good deal, but here goes: 397 sqf, 3rd flr for 390,000 AED including all transfer fees, which amount to a hefty 18,000 AED.
Money made? Sure, since I bought mid-2006, but I did see it rise as high as 700,000 AED so that hurts a bit. :hammer:
Guess I'll just be lurking here for a while to see how things go with the building.
Good luck to all.
G

why is everyone suddenly deciding to sell right now? Maybe wait till completion and then these units will be worth a lot more....and ofcourse JLT is one of the best locations there is.

I am not selling , I tried last year and my apartment still with 2-3 agents but the price 1-1.4 m dhs for a 1 B/r which means I dont want to sell now.

I see the JLT every day just getting better , yesterday opened the first Jumeirah Business Centre (JBC2) which is just amazing and 8 more coming in the future ,so many office towers and I am sure that the licence rules will be changing soon and the rent will be very easy.

As I said before , JLT will be the first freehold area which would be done in Dubai.

Not sure you'd call this a good deal, but here goes: 397 sqf, 3rd flr for 390,000 AED including all transfer fees, which amount to a hefty 18,000 AED.
Money made? Sure, since I bought mid-2006, but I did see it rise as high as 700,000 AED so that hurts a bit. :hammer:
Guess I'll just be lurking here for a while to see how things go with the building.
Good luck to all.
G

Sold my 1 bedroom apartment 796sq ft for 610000.00 net , gained on the exchange difference pound sterling

29/November/2009

Goldcrest Views 2 , Bonnington Tower, Mohammed Ibrahim Tower

http://i45.tinypic.com/xc2nwx.jpg

http://i47.tinypic.com/1zlcbut.jpg

http://i49.tinypic.com/124hcwp.jpg

http://i47.tinypic.com/14me51l.jpg

In the 1st pic, what is the low-rise building (arch shaped) in the foreground? And the 3 similar looking towers to the left opposite the service rd?

In the 1st pic, what is the low-rise building (arch shaped) in the foreground? And the 3 similar looking towers to the left opposite the service rd?

Jumeirah Heights (ON HOLD) and the Mazaya Business Avenue

The ETA Star website now says that they are going to invite customers for pre-inspection some time in mid-December.

http://www.etastar.com/news-1-653-1-Pre-inspection-of-Goldcrest-Views-2-expected-to.html

What exactly is a pre-inspection? There is still scaffolding outside the building.
Any idea on when we can take posession?

Also, I got an email from a lady called Roopa asking for my details such as passport Number etc for the unit under my name. Did any of you provide such information?

What exactly is a pre-inspection? There is still scaffolding outside the building.
Any idea on when we can take posession?

Also, I got an email from a lady called Roopa asking for my details such as passport Number etc for the unit under my name. Did any of you provide such information?

I believe that a pre-inspection allows you to view your unit and use that opportunity to report any faults that you may find.

I have not yet been asked for any of my personal details but I think that they already have them.

The ETA Star website now says that they are going to invite customers for pre-inspection some time in mid-December.

http://www.etastar.com/news-1-653-1-Pre-inspection-of-Goldcrest-Views-2-expected-to.html

Good news , I got the same by email

:banana::cheers:

We have not received the email, does that mean our floor 7th, isn't ready to be released.
Does the email mention compensation or how much more money they want off us & for what ?

So are they going invite all the customers in turn or select a handful of people?

Has anybody have information on what we are expected to pay for when we are asked to snag our apartment ie: utility connections etc.
We have not been given any idea what its going to cost us to set things up.
Any information on compensation which we should be entitled to, in view of the long delay & being out of pocket

Has anybody have information on what we are expected to pay for when we are asked to snag our apartment ie: utility connections etc.
We have not been given any idea what its going to cost us to set things up.
Any information on compensation which we should be entitled to, in view of the long delay & being out of pocket

My apartment full paid now, they asked only the service charge, 12 dhs/sqft/year.

Few months ago they asked some details so maybe later we have to pay the land registration as well.

I think some of the the answers we will find in the GV1 and G.Executive threads........we need to learn from there and not make any mistakes!

How do I link to GCV 1 and GoldCrest Executive site..?

^^ http://www.skyscrapercity.com/showthread.php?t=126620

http://www.skyscrapercity.com/showthread.php?t=175117

EMAIL FROM ROOPA TODAY

WITH REGARDS TO THE PRE INSPECTION YOU WILL BE RECEIVING A LETTER SHORTLY WITH ALL THE DETAILS.

HOPE THIS HELPS

REGARDS ANDY LONDON UK

If any one is having problem's paying there last installment contact me because the developer owns me 115,000 AED, Im sure we can work something out.

Good news, cladding almost done, started to remove the window AC's from the temporary offices so hopefully they will have DEWA and PDC connection soon.

10/December/2009

Goldcrest Views 2

http://i45.tinypic.com/2j3fk2h.jpg

http://i48.tinypic.com/o0dmk9.jpg

http://i50.tinypic.com/drcf1t.jpg

http://i46.tinypic.com/wumi47.jpg

http://i46.tinypic.com/zt6dua.jpg

http://i47.tinypic.com/6t1b37.jpg

http://i48.tinypic.com/2moy3js.jpg

http://i45.tinypic.com/30trml0.jpg

Looks like good progress recently, just lot of cleaning and final touches required in the whole building before ready for handover.

http://i49.tinypic.com/35ibyic.jpg

Now that looks dangerous...! :ohno:

Anyone any idea how much roughly it would cost to furnish a studio, I'm not from dubai so how long would the whole thing take in terms of furniture, beds to be delivered, or would i need to hire a van? And which stores are near jlt for such things?

Anyone any idea how much roughly it would cost to furnish a studio, I'm not from dubai so how long would the whole thing take in terms of furniture, beds to be delivered, or would i need to hire a van? And which stores are near jlt for such things?

Home Center is good (MOE) delivery and installation free , I paid for my 1 B/R all furniture around 10.000 AED so I think the studio is 5000 AED+ the kitchen and washing m. 5000 AED depends on the quality.

Maximum 10K enough for a studio and you will have everything.

Hopefully we can catch the Dubai Shopping Festival :)

Home Center is good (MOE) delivery and installation free , I paid for my 1 B/R all furniture around 10.000 AED so I think the studio is 5000 AED+ the kitchen and washing m. 5000 AED depends on the quality.

Maximum 10K enough for a studio and you will have everything.

Hopefully we can catch the Dubai Shopping Festival :)

HI IMRE THANK YOU FOR THE GREAT PHOTES

DO YOU THINK WE COULD HAVE HANDOVER BY DUBAI SHOPPING FESTIVAL?
AS I AM IN DUBAI FROM THE 4TH FEB TO 14TH AND GOING TO STAY AT BONNINGTON NEXT DOOR .I WOULD VERY MUCH LIKE TO BUY YOU A BEER OR TWO FOR YOUR GREAT UPDATES AND PHOTES.:cheers:

Thanks Imre, but I'm in two minds whether to furnish my studio or not. I want to use my unit for myself as holiday accommodation but that would be for only a few weeks in the year so I guess it would be better to rent out and in that case would a potential tenant want it furnished or unfurnished?

Good news:)


Mr. IMRE SOLT
Dubai-UAE

Dear Sir / Madam:

You’re invited for the pre-inspection of your unit# at goldcrest views 2.

We are very pleased to invite you to inspect your apartment in Goldcrest Views 2; this will allow us to fix the necessary defects (if there are any) and to proceed with the final coating of your apartment.

The inspection time will be from 10:00 AM to 3:00 PM, from Saturday to Wednesday; it is imperative that you take a prior appointment to manage our resources and time effectively and to allow us to serve you better. Our customer support executives will be available to assist you on +971-4-3307640 / gcv2@stargiga.ae and our office timings are from Saturday to Wednesday: 9:00 AM to 6:00 PM and Thursday: 9:00AM to 2:00 PM. The inspection commences from 27th Dec 2009.

A summary of your accounts can be found at the end of this email for your reference and to confirm the final settlement payments before handing over of the unit. Please advice of any discrepancies (if any) you may find in these details at the earliest or contact us for a detailed statement.

Your personal presence will be appreciated and if incase you are unable to visit, you may appoint a representative on your behalf by the means of an authority letter and your passport copy attached with the same. It is important that the signature in the letter matches with the signature in the passport and or the sale and purchase agreement.

We thank you for the support and look forward to meet your future needs for properties and investments.


Yours sincerely,

Suresh Thirumalai

For: STAR GIGA ESTABLISHMENT LIMITED

:cheers::cheers:

That's good news, anyone had the same email? I haven't.

That's good news, anyone had the same email? I haven't.

Dont worry you will get it soon.

Anyway my total area became less , the original was 826.68 sqft but now 818 sqft .

Magic numbers:)

Good news:)


Mr. IMRE SOLT
Dubai-UAE

Dear Sir / Madam:

You’re invited for the pre-inspection of your unit# at goldcrest views 2.

We are very pleased to invite you to inspect your apartment in Goldcrest Views 2; this will allow us to fix the necessary defects (if there are any) and to proceed with the final coating of your apartment.

The inspection time will be from 10:00 AM to 3:00 PM, from Saturday to Wednesday; it is imperative that you take a prior appointment to manage our resources and time effectively and to allow us to serve you better. Our customer support executives will be available to assist you on +971-4-3307640 / gcv2@stargiga.ae and our office timings are from Saturday to Wednesday: 9:00 AM to 6:00 PM and Thursday: 9:00AM to 2:00 PM. The inspection commences from 27th Dec 2009.

A summary of your accounts can be found at the end of this email for your reference and to confirm the final settlement payments before handing over of the unit. Please advice of any discrepancies (if any) you may find in these details at the earliest or contact us for a detailed statement.

Your personal presence will be appreciated and if incase you are unable to visit, you may appoint a representative on your behalf by the means of an authority letter and your passport copy attached with the same. It is important that the signature in the letter matches with the signature in the passport and or the sale and purchase agreement.

We thank you for the support and look forward to meet your future needs for properties and investments.


Yours sincerely,

Suresh Thirumalai

For: STAR GIGA ESTABLISHMENT LIMITED

:cheers::cheers:

Yep, also received. Maintenance is stated as 12 Dh/sq ft.

Dont worry you will get it soon.

Anyway my total area became less , the original was 826.68 sqft but now 818 sqft .

Magic numbers:)

Imre,

How did you find out the real sqft? Did they tell you? Doesn't that mean that they have to compensate the difference since prices are on a sqft basis?

Imre,

How did you find out the real sqft? Did they tell you? Doesn't that mean that they have to compensate the difference since prices are on a sqft basis?

I think they measured again because it needs for the land registration.

Contract said if the difference is 3 % or less then they dont need to pay back anything or you dont need to pay more.

But if its more than 3 % you have to pay the difference on handover or they will pay back the difference.

I think they measured again because it needs for the land registration.

Contract said if the difference is 3 % or less then they dont need to pay back anything or you dont need to pay more.

But if its more than 3 % you have to pay the difference on handover or they will pay back the difference.


Thanks for clarifying.

That's good news, anyone had the same email? I haven't.

YES I HAVE THE SAME AS IMRE.:):banana:

I ALSO HAVE CORPUS FUND ON MINE.

I ALSO HAVE CORPUS FUND ON MINE.

Mine same , they ask undated cheque for the Owner Ass. , what about if you dont have cheque?

:lol:

Mine same , they ask undated cheque for the Owner Ass. , what about if you dont have cheque?

:lol:

Hope you are going to use Healy's Bar at Bonningtons as your local then I can meet you and shake your hand.

Your photo's make this site much more interesting.

I may even let you buy me a pint.:lol::lol::lol:

Have read all the replies with interest, cannot beleive no mention of compensation when they ask for final payment plus maintenance charge. Why do we pay for maintenance when its a new building for the forthcoming year. Why are we not paying monthly just as if it was a community charge or council charge.
Plus the old chestnut, CORPUS FUND. Why ? & at 50 dhms per sq ft.
Has anybody got the meaning of a corpus fund. Again what has been considered for the sq ft charge, does anybody know ?
Our contract does not state anywhere that there is going to be an Owners account, corpus fund. What is it going to be used for, as far as we know nobody has been informed until this letter. Surprised again that no mention has been made. Surely amongst the potentail buyers somebody must have some working knowledge of this jargon & charges that this type of property warrants.
At bit of a cheek when time & again we have asked what payments or charges will there be on completion, we have been told twice no hidden charges, now look what is coming out of the woodwork or should it be brickwork.
Big regret, didn't get it in writing only over the phone, one more lesson on trusting people, not!!!!!
After all this still no mention of compensation from any quarter. Don't forget the loss of rental due to delays whatever they call it, plus buying extra dhms at this moment in time will cost everybody more money, when if told earlier we all would have had the chance to get a better rate.
Certainly hope to hear other owners views, the 2 - hidden charges have really taken the shine off purchasing & the completion.

The cladding almost done , just the top part left.

18/December/2009

Goldcrest Views 2

http://i46.tinypic.com/35knyhx.jpg

http://i45.tinypic.com/w0mb8n.jpg

http://i45.tinypic.com/2n030gm.jpg

http://i45.tinypic.com/2dhzqed.jpg

http://i49.tinypic.com/2mm8h7l.jpg

http://i49.tinypic.com/mjtq89.jpg

http://i50.tinypic.com/2vw6vlh.jpg

Ok I have now received my invitation too (they had the wrong email address). Does not say when the inspections will close because I was planning to go in Feb. Due to the revised size, my balance is showing -19000aed, does that mean eta owe me money? In that case, it will cover the corpus fund!!!

I have still not heard from eta about my inspection, anyone else who hasn't heard from them or is it just me? Should I contact eta and what is their number?

+971 4 3307640

EMAIL GCV2@STARGIGA.AE

HOPE THIS HELPS
I EMAILED THEM YESTERDAY RE PRE-INSPECTION AND GOT A REPLY TODAY
SO THAY SEEM TO BE ON THE BALL.. AT LAST.
KIND REGARDS ANDY. :cheers:

I asked the corpus fund , answer here:

"Corpus Fund - is the initial contribution of the apartment owner to the apartment owners association. It is a onetime payment used for future expenditure. This will allow be a part of apartment owners contribution which will be Goldcrest Views 2 Association Account. You are requested to give an undated cheque in favor of Goldcrest Views 2 Owners Association and same shall be deposited after the incorporation of association and after opening the account in the association's name. The Owners association gives the power to the association to decide on the utilization and investment of fund. Or else you can give an undertaking for your unit stating that once the association is formed you will pay within ten days from the receipt of request to pay."

I will choose this because I dont like to give an undated cheques :

"Or else you can give an undertaking for your unit stating that once the association is formed you will pay within ten days from the receipt of request to pay."

I booked for the pre-inspection on 27th December, so only 8 days left.

:cheers:

Thanks Imre for that information, regarding the corpus fund, I think we will go with the 10 day cheque payment, if for no other reason undated cheques are a no no.
We can watch the markets & try to get the best for our GBP,
I assume we will be notified on what the funds will be used for by our elected representatives.
Has there been any enquiries about compensation after the long wait we have all had. I think we are entitled to something in view of the long wait, from what we can read something like Goldcrest Executive ie: furnishing etc
After all we all have lost a lot of rental or living accomodation.

Thanks Imre for that information, regarding the corpus fund, I think we will go with the 10 day cheque payment, if for no other reason undated cheques are a no no.
We can watch the markets & try to get the best for our GBP,
I assume we will be notified on what the funds will be used for by our elected representatives.
Has there been any enquiries about compensation after the long wait we have all had. I think we are entitled to something in view of the long wait, from what we can read something like Goldcrest Executive ie: furnishing etc
After all we all have lost a lot of rental or living accomodation.

well said!

My account is in credit due to the size changes, can eta not just take the amount due for the corpus fund from that?

My account is in credit due to the size changes, can eta not just take the amount due for the corpus fund from that?

Yes, they can. Mine was in credit too and the first year's maintenance charges were taken out. However, I'd opt for what Imre's suggesting as at least there's no guarantee they'll cash anything. If you use your credit, that money's GONE.

What are we going to do regarding the corpus fund and compensations? Accept the cheating?
Does anybody know what other people in this situation have done? Did they have any success or they just lost more time and money?

I've emailed eta regarding compensation because the ultimate longstop date was march 2009. I have also enquired when the inspections will close.

Our ultimate longstop in the contract was Sept. 2008 so surely we all must be entitled to something.
I emailed Etastar last week regarding the charges & am now waiting for their reply, I won't hold my breath!!!!!!!!!!!!!
I didn't know there was a time limit on inspections, we are not prepared to fly to Dubai yet + we are at the moment looking for an agent, to possibly snag & look for rental for us just in case we can't get over.

Will look forward to hearing any news on the compensation issues - our longstop date was March 2008.

We still have to compile an e-mail to Etastar on the same matter - albeit we did raise the same issue serveral months ago - needless to say - we didn't receive a respose!

I also sent a letter about the compensation , still no answer:)

I have an old email from them , they promised something about the LIBOR , lets see!

I also sent a letter about the compensation , still no answer:)

I have an old email from them , they promised something about the LIBOR , lets see!

I HAVE THE SAME. ALL SO ROOPER TOLD ME COMPENSATION STARTED FROM DECEMBER 2008 ETA DID NOT CALL ON SO CALLED FORCE MAJOUR TILL MARCH SO WE SHOULD GET 3 MOUNTHS COMPENSATION AT LEAST BUT DONT HOLD YOUR BREATH.:nuts:

I think we will be waiting forever for an email response, if anyone who is in dubai could pay them a visit in their office then we could get some answers.

Ok guys this forum is too public to discuss sensitive matters, we will have to work as a group to secure the best deal. I am part of another investors group and we have approx 110 members, so I have created GV2 investors group on google...not sure how this works but please let me have your email address (PM me) so I can add you to the group, I will require your location and unit number in order that only genuine GV2 owners become members. This is a group restricted to GV2 owners and only members can view and send messages. The more members the better. :)

21/December/2009

Goldcrest Views 2

http://i50.tinypic.com/2ex32iv.jpg

http://i50.tinypic.com/de7gv6.jpg

http://i47.tinypic.com/34pyttd.jpg

http://i49.tinypic.com/ir7woo.jpg

http://i49.tinypic.com/35192ci.jpg

http://i45.tinypic.com/az9wkl.jpg

21/December/2009

Goldcrest Views 2

http://i50.tinypic.com/2ex32iv.jpg

http://i50.tinypic.com/de7gv6.jpg

http://i47.tinypic.com/34pyttd.jpg

http://i49.tinypic.com/ir7woo.jpg

http://i49.tinypic.com/35192ci.jpg

http://i45.tinypic.com/az9wkl.jpg

Imre....It does not look anywhere near completion.
The pre-inspection is going to start next week....!

Dont worry , just a small works left, they can do it :)

The invitation is to inspect your unit not the building which can be finished at anytime. When I was there last month the basement was far from finished and even the elevators looked as though they had been put together the night before, lets hope they have been working hard since then. I'm sure Imre will tell us soon!

The pre-ins[ection just sounds like a deterrent to anyone looking to take any actions for the delays. I called the office a few days back and apparently it is only for the first few floors. I asked if I can come in during the month of Feb as I am awayon holiday and they said it is fine. So you can take your estimates from there.

I have just had an email from Mr Ahmed, inspection finishes end of Jan 2010 and compensation will be discussed during handover/delivery.

Tthe handover can be end of January or February depends on the DEWA connection and the other permissions.

The main contractor (Al Meraikhi) has many workers in that area , they are doing the Mohammed Ibrahim Tower (J2) also so hopefully wont be problems there. That tower also looks almost done from outside.

NEW UPDATE ON ETA WEB SITE.
HAPPY CHRISTMAS TO YOU ALL.

^^ Last update 30 Nov for GV2....couldn't find a new update????????

Eta have confirmed inspection to be carried out before Jan end, that means if you do not give them a list of faults by then then they are under no obligation to put right the defects.....any ideas when investors are planning to inspect their units?

25/December/2009

Goldcrest Views 2 , neon sign done , cladding almost done

http://i46.tinypic.com/29ntni9.jpg

http://i49.tinypic.com/16glwzp.jpg

http://i49.tinypic.com/53leh0.jpg

http://i46.tinypic.com/9jqcdt.jpg

Saw yesterday , cladding done and already started to remove the protective layers of the last side, just need to change few broken glasses but that is not a big issue.

I am going there today for making the pre-inspection, will post pics after :)

Just received by email:
http://i424.photobucket.com/albums/pp325/baboonfez/eta27dec.jpg

27/December/2009

Goldcrest Views 2

I did my pre-inspection today,it was very fast and was difficult to find any mistakes,finishing is really good even better then the Goldcrest Views:)

One tile to be replaced in my flat , also few false ceiling tiles and need the final painting and cleaning (already in progress), thats all.

The contractor ( Al Meraikhi ) done really good job here, congratulations all owners here:)

I am going there after 10 days for checking again, lights and electric system will be checked after the handover when I have more time.

Expected handover date is in February, first or second week.

Lobby almost done , didnt see the roof , I will check next time.

Bedroom and balcony:

http://i49.tinypic.com/2czo8w.jpg

http://i45.tinypic.com/16ito2c.jpg

http://i46.tinypic.com/2nc16xw.jpg

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http://i50.tinypic.com/68hfgz.jpg

http://i48.tinypic.com/fth7hu.jpg

27/December/2009

Goldcrest Views 2

bathroom and small room for the washing machine

http://i47.tinypic.com/314p09e.jpg

http://i48.tinypic.com/9fzadv.jpg

http://i49.tinypic.com/iyinon.jpg

http://i45.tinypic.com/9s57h0.jpg

http://i49.tinypic.com/20r02vl.jpg

27/December/2009

Goldcrest Views 2

living room and kitchen

http://i48.tinypic.com/15dry8n.jpg

http://i48.tinypic.com/35d2593.jpg

http://i45.tinypic.com/14u7qyg.jpg

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http://i45.tinypic.com/2ahf8n4.jpg

http://i45.tinypic.com/2mott1v.jpg

27/December/2009

Goldcrest Views 2

view from my balcony and lobby

http://i46.tinypic.com/23kq00o.jpg

http://i50.tinypic.com/2v92ccp.jpg

http://i48.tinypic.com/104nd34.jpg

http://i48.tinypic.com/2pqji91.jpg

http://i47.tinypic.com/5br50y.jpg

congratulations all owners here:)

:banana::banana:

Thanks Imre for taking and sharing the pictures.

Congrat's Imre.

Just by interest, does this building also have a swimming pool on the roof ?

Imre, so there isn't a built-in hob or oven either??

Congrat's Imre.

Just by interest, does this building also have a swimming pool on the roof ?

Thanks.

Yes, I will check next time the roof as well.

Have you all received email regarding the pre-inspection? I haven't been informed about anything so far. Is that only me or anyone else?

By the way Imre, Which floor were these pictures taking from? Cheers!

Have you all received email regarding the pre-inspection? I haven't been informed about anything so far. Is that only me or anyone else?

By the way Imre, Which floor were these pictures taking from? Cheers!

Maybe you should write them and ask.

Pics were taken from the 9th floor, 1 B/r apartment, 818 sqft.

Thanks for the update with pics

Like you say it is looking very good now - I am viewing on 15th Jan and am now looking forward to it rather than dreading it. Its been a long wait - I bought on launch day which seems such a very long time ago now.

thanks for your efforts in keeping us updated

London UK

If any new members want to join the GV investors google group pls send me a message with your email address and unit number. Only members with GV2 units can join the group..:)

:banana:
Thanks for the fantastic photos, as your apartment looks towards the Zayed road, we are in studio 718, which face of the tower are we situated. We think its on the opposite face to the GGG Refinery. Is this correct ?
We always eagerly await your photos thanks for time & effort.

Just received email with handover procedures.
G

Just received email with handover procedures.
G

Me too :

http://i47.tinypic.com/f0ss2x.jpg

What's all the palm district cooling about???????

If any new members want to join the GV investors google group pls send me a message with your email address and unit number. Only members with GV2 units can join the group..:)

Hi, please add me in: email - jairajbhatia@gmail.com Unit - 2601

I just got a courier from the Star Giga now, I thought some Christmas or New Year gift but it was my account statement :)

Tower shown completed and in 3D in google maps :)

I think that those of us on higher floors will have to wait longer. I spoke to someone at Star Giga and he said that I couldn't have a pre-inspection appointment until 14th January. He said they were doing it on a floor-by-floor basis.

Not sure how accurate that is. Good luck to all of you that are yet to have yours.

Tower shown completed and in 3D in google maps :)

How do I see this on google...?

^^Arshad, I have sent the link on GV2-investors group

^^Arshad, I have sent the link on GV2-investors group

Thank You

Windows cleaning has begun at the Jumeirah Island side.

08/January/2010

Goldcrest Views 2

http://i47.tinypic.com/1zxwevc.jpg

http://i47.tinypic.com/zy5zpf.jpg

http://i49.tinypic.com/zu0c4z.jpg

THANK YOU IMRE LOOKING GOOD.
GREAT PICTURES ONCE AGAIN.
HAVE YOU SEEN YOUR UNIT AGAIN SINCE 27TH DECEMBER?

Not yet, they said I should go back after 10 days to check again but I was busy.

I am going there next week.

http://i48.tinypic.com/30ng51x.jpg

THANK YOU IMRE LOOKING GOOD.
GREAT PICTURES ONCE AGAIN.
HAVE YOU SEEN YOUR UNIT AGAIN SINCE 27TH DECEMBER?

I went back today for checking the pre-inspection, they said still in progress and will be done by end of January. :)

The fence removed front of the entrance now they are cleaning the area.

^^ Eta by their own words only needed 5-7 days to complete the faults informed by the buyer, if at the end on month for another inspection then it looks they need the whole month!! :ohno:

Children are not allowed at Goldcrest Views-2 premises.

Dear Sir or Madam:

We wish to advice our customers that children under the age of 12 are strictly not allowed whilst visiting the Goldcrest Views-2 premises. The current state of the building may prove hazardous for the safety and or the health of children.

You’re therefore requested not to accompany children whilst you visit the site for the pre-inspection of your apartment.

We regret we will not be able to entertain visitors who fail to observe the above.

Thanking you for your cooperation.


Customer Support Team

Star Giga Establishment Limited

Hi all, I monitor this forum but don't post much. I thought I'd give an update on my situation. I have two studios - one in GCE and one in GCV2...

GCE - final 70% balance & maintenance fee paid. Inspection carried out by 3rd party with minimal problems that were rectified quickly. Studio furnished and looks to be to good standard. Getting very close to completion and handover. Apparently there are about 100 people living in the tower and all facilites are completed and working (reception, security, lifts, gym, etc).

GCV2 - final 20% balance & maintenance fee outstanding. Inspection being carried out by 3rd party today. I will update when I know the outcome. This studio is unfurnished.

I'm hoping to complete both studios at the same time and only make the trip to Dubai once. The 3rd party charges 1000dhs for snagging service and I've been very happy. I will post photos in due course.

Now we have finally got to this stage everything seems to be going well. Touch wood. The surrounding area is still a building site of course and it will be some time before it looks nice.

I have enquired with ETA about rental services and they have passed me a contact to discuss requirements. I intend to secure long term rental for both properties.

I have paid no Corpus fund as yet and have nothing in my contract that says I need to. I will be raising the issue of compensation when I complete handover of the properties. That should be interesting!

ETA Star were understanding in my struggle to secure finance on GCE (a long story). I have been unable to secure finance as yet and have had to pay the balance myself. ETA extended my deadline and now everything has gone through. I'd be interested to hear of other people's attempts to secure finance on Dubai properties.

I will also post this on the GCE thread. Hope it helps! Lee.

I have my inspection on Sat. I need some advice on what to look out for so if there are any hints and tips then please advise. It is only a studio.

Surrounding areas and tower amenities/services.
Public access & communal areas.
Front door/entrance way.
All doors, walls & windows.
Finishing & quality on all surfaces - floors, tiling, glasswork, kitchen tops, bath tiles.
Fixtures, fittings & switches - ensure all work and appear safe.
Check in and under any cupboard spaces.
Check windows & air con work.
Check any other electrics/electronics. Wifi, intercom, etc.
Check furniture if applicable - that it is complete as per contract and in good working order.
Check appliances work.
Bedrooms - furniture and finishing acceptable.
Check water flow & drainage where applicable.

Take photos. Report EVERYTHING no matter how minimal. Secure a timeframe for rectifying any issues and ensure they stick to it.

Hope this helps!

any one wants to rent his 1 bedroom in GV2 for myself?email me plz thanks

What is the expected rate for studios and 1B/r's here now?

What is the expected rate for studios and 1B/r's here now?

A friend of mine rented his studio in GCE for 45,000 over 4 cheques. GCE is fully furnished and maybe slightly better location (closer to Metro etc) so maybe GCV2 studios could go for 40-43k...

But I don't think anyone will rent a studio without furnishing.

Why not?

People would usually be single looking for a small place to crash. Hardly expect them to have furniture etc.

Hello GV2 Group

I did my pre-inspection today.

Lots of snagging for the final finish - every door and cupboard surface was scratched. Granite edges need finishing, some tiles cracked. The window frames are in bad condition from scratches as well. I brought along an agent to take notes and photos and draw up a list, we got ETA rep to go through every item and we had him sign the list and take a copy.

The ETA rep said that all the scratches, edging and finishing was not a concern and that ll apartments will be done properly - they were working upwards. To be fair everywhere we went there were lots of workers making good on finishes.

I think it will take some time yet to get the finish to a deliverable standard, my agent thinks a couple of months

There was a lot of workers there so things are moving ahead.

We managed to sneak on the roof - don't know how to post them on here but will post on the google group

Good luck..

We have a 2 bed on the 24th floor and viewed it last week.
There is a lot of finishing yet to happen. Loads of scratches to the wood, cracked tiles and some of the door frames honestly looked like they needed replacing as they were so badly damaged.
The ETA star rep told us it would be finished by end of Jan but i very much doubt that...i think 2 months...
Also the kitchen layout was disappointing and not as in the original plan. Rather than being a neat rectangle, they have a wall coming in and hence making the space next to the sink unusable.
Apartment definitely smaller and layout slightly different (doors in diff places etc)
How do i get into the GCV2 investors group?
Appreciate and have been following all of the postings. This is a great forum.

Hi

I have made it clear that I will not take possession and pay the last 15% due on the apartment until all defects noted today are done. I think that this is probably the only way to pressure ETA to get it done. If everyone takes this stance then at least there will be more pressure for them to act. Does anyone agree?

Had my pre-inspection yesterday by Bhomes. They have identified 38 faults and the pics show very poor workmanship. This tower is definitely not ready for handover, I would be happy if they delayed the handover by another 6months and did the finishing properly.

Eta's website describes GV2 as prestige, luxury and using the finest fittings and materials...this is anything but that. :ohno:

It seems I was lucky with my apartment, I had just few small problems.

Same here. I did my inspection last sat and there were a few cracked tiles in the bathroom. The kitchen did not have a cut-out for the hob and I asked them to do that. The most dissapointing for me is that the doors do not have an eye-hole. How cheap is that?

But I am all for not paying a penny till everything is delivered properly.

Ditto - i am not signing anything until they rectify everything. That will not happen i believe til end of Feb.
Did anyone notice they have not even installed any toilet roll holders....seems they have cut corners....disappointing considering the wait!

As I have seen the final paint for public areas still pending, it's will be nice after completion!!! aNYONE test see the clubhouse? seem not yet finish~~

Same here. I did my inspection last sat and there were a few cracked tiles in the bathroom. The kitchen did not have a cut-out for the hob and I asked them to do that. The most dissapointing for me is that the doors do not have an eye-hole. How cheap is that?

But I am all for not paying a penny till everything is delivered properly.
So hopefully everyone is agreed that they will withhold any money owed until defects are rectified.

I think this will be more powerful at getting a result than trying to get things sorted out afterwards

Any thoughts anyone?

As I have seen the final paint for public areas still pending, it's will be nice after completion!!! aNYONE test see the clubhouse? seem not yet finish~~
I have seen the pool area - it is going to be very nice up there, I will post photos if someone can tell me how to do it:)

I have seen the pool area - it is going to be very nice up there, I will post photos if someone can tell me how to do it:)

first you should upload somewhere like:

www.tinypic.com

or

www.imageshack.us

and after just copy the link here (IMG Code for Forums & Message Boards )

If you put too big size here , many people will not see thats why better to use the 800*600 or 1024*768 .

first you should upload somewhere like:

www.tinypic.com

or

www.imageshack.us

and after just copy the link here (IMG Code for Forums & Message Boards )

If you put too big size here , many people will not see thats why better to use the 800*600 or 1024*768 .

Cheers fella!

hope this works...


http://img197.imageshack.us/i/pool1v.jpg/
http://img197.imageshack.us/i/pool3a.jpg/
http://img706.imageshack.us/i/pool2g.jpg/

Thanks, you should copy this line:

Embed this image--- Forum , like this:

http://img197.imageshack.us/img197/47/pool1v.jpg (http://img197.imageshack.us/i/pool1v.jpg/)

I checked the pool area as well. The deck flooring was looking very good. The gym area was also looking good.

We need to put together a union on payment before fixes and on the corpus fund. We have all mentioned it a million times on this forum but no action. Should I setup a conference call. Please send me your vote and I will plan accordingly

I will agree with you and would like us to establish a fund for legal action if need be...
Let me know about the time of conference call.

Just had a preinspection report & photos, we are just having a scotch to get over the shock of how many defects there are, 5-star huh! totally disillusioned at the moment in our book 1-star
Every door scratched, double figures in chipped tiles, cooker hood fitted no space underneath for cooker etc etc etc etc
Other owners have reported that their apartments have been finished to a very high standard, was this on GV2 or GVE.
We cannot get our heads around the stanadard of finished work, where was the supervision. How was everything scratched & chipped when everybody knows materials are usually delivered with protection + holes in ceilings.
When we signed up we were told Etastar were one of the best builders, wonder what went wrong & what are they going to do to put it right & make 5-star for us all.

^^ yes I've written to Eta to say this is the opposite of prestige, luxury and finest workmanship as stated on their website...i wouldn't even give it 1 star.

Do you have any pictures of the kind of problems you mention? Could be useful for others to keep an eye out for.

I had the same issues - shit workmanship!

- Every door was scratched
- Marble edges in both bathrooms did not line up and edges are not polished
- Window frames are shocking - look like they have had building materials pulled accross them
- plus all the other stuff, bad finish etc.

We made the ETA guy sign our list and he was adamant that all these issues were only small and would be sorted. I asked him how he planned to fix the doors and he said that they would be sanded and re-polished!?

When I pointed out that the bedroom fitted cupboards were laminate finish he did not seem to have an answer. Marble would be polished he said.

My agent says she thinks we will get them done but that it will not be totally perfect in all areas.

Oh yeah - someone had taken a shit in one of the toilets - there is no water yet so go figure - I asked the rep if this was a metaphore for the way ETA operate:ohno:

I still think that if everyone refuses to pay any more money until we are satisfied then we will have a greater chance of getting them to fix problems

Also, I have loads of pictures in high resolution

I will make a pdf of them all and will post it on the goolge group in the next day or so

Sorry, Also again

They can do it well judging by the pictures that were posted by Imre a couple of weeks back - perhaps Imre has an opinion on whether his apartmen was in poor condition prior to the last photos he took. This would at least explain the comments that the ETA people are saying "that they are working their way up the building". I'm Irish but I would have thought working your way down would be the proper way:lol:

I have just few problems with my apartment , only 1 tile was brooken and small things , it seems I was lucky with the finishing after reading your comments.

We can try to push ETA to fix the apartment , but the true in the end that if the delievery as they say in first of next month , so the contracter or the major force will leave the building and they will keep some people only to fix some stuff, in another hand what quality has done is not going to be change.....ofcourse they can do some cleaning or painting or change some tiles but not upgrade, what is done is done .

I agree this is a possibility - in which case it will be up to each individual whether they decide to pay the final instalment or refuse and ask for a refund based on the non delivery of what was specified as a high quality build. More lawyers fees I'm afraid...

I have posted some pics from the snagging on the gv2-investors group, I suggest every owner refuse handover until all things fixed and the whole building properly completed.

I have posted some pics from the snagging on the gv2-investors group, I suggest every owner refuse handover until all things fixed and the whole building properly completed.
I agree, but this will only be possible if all of us stick together.

There are only a few owners posting on here and 18 members of the gv2-investors group, so we are the minority, where are the 100s of other investors? We cant have much of a voice as the minority..

How do i join the investors group?

Had my first visit to GV2 yesterday and have seen the workmanship in a number of the apartments which for those not familiar with Dubai standards is actually above average. 5 star luxury apartments never matches 5 star hotel its a sad fact of life here! They have screwed up the studios by putting the extractor hood in the middle of the kitchen then having the space for the cooker off at one side. Not sure if Stevie Wonder designed this?

Also feel that they have wasted a huge amount of space on the rooftop with large raised planters and the huge glass lobby area. It will be tough to find somewhere to put chairs so you can relax and catch some sun. The gym is huge especially if they don't divide it but the Sauna and Steam room seem designed for Ken and Barbi (they are miniscule!)

By the way I don't own in GV2 so tried to be objective and impartial about the quality. I think you are looking at a further 1 - 2 months for handover, whatever you may think it is still better than 70% of the other towers in JLT.

Here are a few photos.

http://img44.imageshack.us/img44/3659/dsc0291d.jpg

http://img138.imageshack.us/img138/9428/dsc0294p.jpg

http://img138.imageshack.us/img138/3833/corridor.jpg

http://img691.imageshack.us/img691/5938/dsc0303dp.jpg

http://img29.imageshack.us/img29/4300/dsc0306kv.jpg

http://img29.imageshack.us/img29/5615/dsc0311vf.jpg

http://img704.imageshack.us/img704/2977/dsc0313x.jpg

http://img29.imageshack.us/img29/3669/dsc0305l.jpg

http://img693.imageshack.us/img693/1690/dsc0304o.jpg

Chefdude, can I ask why you were "inspecting" GV2 when you dont own a unit there?? Or did you accompany someone? :?

i need one bedroom in this tower for rent ? plz PM

Have an acquaintance in the company and he invited me to go take a look. I did the same in GE a few months back, and its been interesting to compare to the original where I do own.

Chefdude, can I ask why you were "inspecting" GV2 when you dont own a unit there?? Or did you accompany someone? :?

Have an acquaintance in the company and he invited me to go take a look. I did the same in GE a few months back, and its been interesting to compare to the original where I do own.

So what are the differences between these three buildings GV1, GE and GV2 in your point of view? It would be interesting to know:)
Thanks dude!

I haven't seen any apartments in GE, just the office space and communal areas. I didn't think the internal communal area materials where of as good a standard as GV. On the ground floor and elevators it feels more commercial than residential.

GV2 they have used similar marbles, woods and tiling in the lobby with a different style of tiling in the communal corridors. I thought the apartment fittings in GV2 where pretty much on a par with GV. Apart from the large gym (No windows or view though) I think the remainder of the leisure facilities are not as good as GV as I already stated I think they have wasted the rooftop it could have been so much better!

Done !

29/January/2010

Goldcrest Views 2

http://i46.tinypic.com/2e6hcpg.jpg

http://i45.tinypic.com/2nvcj61.jpg

http://i49.tinypic.com/3169n9h.jpg

r u interested in 2BR in GCV2..let me know

r u interested in 2BR in GCV2..let me know

Yes I am. Can you PM me with pricing details.

New to the forum...but like most of you iv observed ETA re-write their own version of Pinocchio. Lies, Lies and more Lies!!

Buying a home should never be this exhausting or drawn-out. Im still trying to get through to them for a viewing. I will be chaining myself to their front door tomorrow so feel free to provide food and water if any of you are kind enough to drive down SZR during my "friendly" protest!!

Imre thanks for the "done" pics, I wish it was the same for the inside!

anybody interested in renting the largest sized studio, we believe on the side furthest from the Bonnington. have been told good views.
Would prefer long term rental.
May consider selling snagging done in process of rectifying.

New to the forum...but like most of you iv observed ETA re-write their own version of Pinocchio. Lies, Lies and more Lies!!

Buying a home should never be this exhausting or drawn-out. Im still trying to get through to them for a viewing. I will be chaining myself to their front door tomorrow so feel free to provide food and water if any of you are kind enough to drive down SZR during my "friendly" protest!!
Any luck...?

I want to buy 1-bedroom with 827 sq.ft type, lake view & mid floor, PM me with price detailes

:cheers:

I have the same apartment but I think the correct size is 818 sqft now,826.67 was before but changed.

Snagging pics from several investors...awful quality and workmanship in my opinion.......:bash:

http://i48.tinypic.com/2a94bhi.jpg

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http://i45.tinypic.com/imji1l.jpg

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http://i47.tinypic.com/syqjv5.jpg

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Five years I have waited & just so they can try to get to this deadline they rush it at the very end. This is disgusting. Has anyone actually done a handover yet & paid?

Maybe they should demolish the tower and start again!

Maybe they should demolish the tower and start again!
When I called them, they said we should be happy thet they did not abandon this tower unfinished like some of the other developers have done. My feeling is that they need the balance of the money and they rushed it. We will not get any thing done unless we are all together and demand that they have to deliver what they promised in their marketing material and and booklets and advertisements.

^^ so that's the truth, eta would have abondoned and disappeared, so instead they give us a tower which is a joke.

Disgusting pictures, is there any legal system in place to protect the consumer and bring the developer to justice.

I saw lights there today , so maybe DEWA connected.

http://www.arabianbusiness.com/581252-saampp-lowers-ratings-on-eta-group-over-dubai-worries

After seeing such appauling workmanship I am begining to think that Goldcrest views 1 is far better in terms of quality. I some what thought that with the experience with Goldcrest Views 1, Goldcrest views 2 would be far superior. But seems not the case. If I were you guys I would not make the final payment and seek legal action. Best of luck guys. I sincerely hope things get sorted for all those who have invested here.

Guys

There is a clause in the sales contract that states you are not allowed to withhold payment because of snagging etc. with the penalty being they cancel your contract and sell your apartment - something along these line I can't remember exactly, I checked last month after my inspection.

The difficulty in legal route is time, money and the fact that Star Giga probably have deeper pockets than us!

We cannot even sort this through the owners association I don't think because it's likely that ETA or Star Giga will have control of this (and it's funds - which will most likely be diverted!)

The only thing that works in this world is money and all companies are terrified of adverse publicity, particularly as we all know that bad news travels fast. With this in mind, I believe that any action is better focussed towards getting media coverage of this shambles - after all ETA/Star Giga still want to sell other projects and if their name is associated with a crap product then they may consider doing something to save their reputation. Recent Toyota issue as an example.

We have the evidence, we just have to figure out the best way to use it to get ETA/Star Giga to pull their socks up and sort this mess.

Guys

There is a clause in the sales contract that states you are not allowed to withhold payment because of snagging etc. with the penalty being they cancel your contract and sell your apartment - something along these line I can't remember exactly, I checked last month after my inspection.

The difficulty in legal route is time, money and the fact that Star Giga probably have deeper pockets than us!

We cannot even sort this through the owners association I don't think because it's likely that ETA or Star Giga will have control of this (and it's funds - which will most likely be diverted!)

The only thing that works in this world is money and all companies are terrified of adverse publicity, particularly as we all know that bad news travels fast. With this in mind, I believe that any action is better focussed towards getting media coverage of this shambles - after all ETA/Star Giga still want to sell other projects and if their name is associated with a crap product then they may consider doing something to save their reputation. Recent Toyota issue as an example.

We have the evidence, we just have to figure out the best way to use it to get ETA/Star Giga to pull their socks up and sort this mess.

I see your point and if you go public than the other side of the coin is that no one will want to rent in this tower nor will you be able to sell any units in this tower. Make sure you look at the pros and cons before you decide on a strategy. Good Luck!

This is very true so any action would need to be well thought out and targetted correctly.

The reality is that it is going to be difficult to rent or sell these anyway, I mean, what would anyone in their right mind do with all the available choice out there.

My unit was sold in September 2007 for £270,000 GBP (1,550,000 AED) although it fell through because of buyer/bank problems.

I doubt it is worth half that price now. The reality is that a very large percentage of us are going to have to refit our units at our own cost to make them habitable - while we may be "lucky" according to Star Giga, this is something that they must be held accountable for.

I am now more concerned about the more serious side of this building, is it built correctly, doeas all the utilities work correctly - nothing was working when I was there.

These Star Giga Guys are running a very serious defecit on their Karma account...

Well guys in my opinion it's simple, to refuse handover until it's properly rectified. No handover = no funds for eta

I agree with that 100%, we just have to figure out the best way to act. Each individual has no chance. Collectively there may be more pressure on ETA/Star Giga.

Perhaps we could all agree an owners petition and deliver it to ETA stating that there will be no handover until snagging is put right properly.

I agree with that 100%, we just have to figure out the best way to act. Each individual has no chance. Collectively there may be more pressure on ETA/Star Giga.

Perhaps we could all agree an owners petition and deliver it to ETA stating that there will be no handover until snagging is put right properly.

I agree.
How do we start the process..?

suggestions are being put on the google group

I have a unit in the Grandeur Residences , the handover is expected for middle of juny! I see some pics and quality its a real crap, i send some emails of complaints to ETA and no answer!
waiting since 5 Jan , I think that what you says of no handover until snagging is put right properly is the best way to pressure
Good luck

Email from the developer:

Dear Sir,

We are happy to notify you that we now have the necessary approvals for handover. We therefore expect handover to start in the next 2/3 weeks. We will send you a detailed mail with handover dates/procedures shortly.

Regards,


Star Giga Establishment Limited

:cheers:

Imre, have you had your 2nd inspection? Looks like they made a special effort with your unit, I think most of us have ended up with poor quality and workmanship.

Imre, have you had your 2nd inspection? Looks like they made a special effort with your unit, I think most of us have ended up with poor quality and workmanship.

I was there but they said still not ready ,I will try to organise when I get the keys and I am there.

As I said before I am lucky with my apartment , I had just few issue but I still need to check the bathroom because there was no electricity and water.

I think I had no special effort , I was there few times in 2008 and 2009 and quality was good but I saw just my apartment on the 9th floor and others on lower floors.

I got another email just now: (I wrote them 2 emails before and asked about the handover date, this is the answer for the second one)

Dear Sir

Thanks for your mail and noted its contents. Please find below the latest status as of date.
We will be sending you the final hand-over / completion notice very shortly.
We are in the final stages of getting the completion letter as we have already received No Objection to Issuance of Building Completion Certificate from DMCC & EHS NOC – Building Completion Certificate from Department of Planning & Development, Government of Dubai and likely to get in the next couple of days the final completion certificate from Civil Engineering Department, JAFZA.

Mostly by the beginning of next week, you might receive the final completion notice information.Then the final hand-over process will start.
All the Best

Regards,
Customer Support Team
Star Giga Establishment Limited

Has anyone else seen their unit lately?

Any reports on the snagging - was it done?

Seems like eta are more worried about handover than trying to put the units right, there wont be much of a handover if they fail to satisfy the investors.

Just received a notice of completion email with an invite to take possession of my unit. Check your emails as letters normally arrive 2 weeks after.

All settlements are due by 30th March. If you are a mortgaged customer you have to start liasing with your bank etc.

I also got the email, just called them, handover will start from 1st of March.

Is it true that all the snags have been completed upto floor 15?

Is it true that all the snags have been completed upto floor 15?
I WAS THERE 6TH FEB IT LOOKED LIKE IT TO ME.

does anyone have any photos of apartments where snagging is done? Apartment all ready and clean??

Word is out that HANDOVER delayed until 3oth March and maybe even into April...........:bash:

I got an email from GCV2 saying that the apartment is ready and I can come in for Handover.

We are happy to notify you that we now have the building completion certificate for our project Goldcrest Views 2 and invite you to take possession of your unit in the project.

We have enclosed a summary of handover guidelines and a summary of account statement for your unit including the final payment as per the agreement and other charges, i.e. maintenance which needs to be paid prior to final handing over.

If your property is financed, kindly liaise with your bank or financial institution to arrange payment one week before your handover appointment and obtain a ‘No Objection Letter’ from the bank to take possession of your unit.

As mentioned in the handover guidelines, please contact our customer service representatives to make an appointment for handover.

You are requested to settle all dues by Manager’s Cheque or Demand draft by 30th Mar 2010. If you choose to pay using a personal cheque please allow time for the cheque to clear before making an appointment to take possession of your unit.

Given below are our bank details for your reference:

Account Name : Star Giga Establishment Ltd.
Account No : 1011147925601
Swift Code : EBILAEAD
Bank Name : Emirates NBD
Branch : Al Maktoum road branch, Dubai.

We thank you for your patronage and looking forward to meet your future needs for properties and investments. Should you require any further assistance we will be happy to assist you.

Yours sincerely,
For Star Giga Establishment LTD,


Suresh Thirumalai
Head of Operations

^^That was a few days ago, the news today is that has been delayed till march/april

^^That was a few days ago, the news today is that has been delayed till march/april

But that hasn't stopped them from contacting my bank and asking for the final payment. I told the bank no way - not until I can see that my unit is completed. Then I phoned Giga and asked them why they contacted my bank if the apartment is not ready and they said they were doing it "unofficially" and that it would be fine if I wanted to wait to see if my unit was OK first. They said that they would be sending the completion notices to all banks next week.

But that hasn't stopped them from contacting my bank and asking for the final payment. I told the bank no way - not until I can see that my unit is completed. Then I phoned Giga and asked them why they contacted my bank if the apartment is not ready and they said they were doing it "unofficially" and that it would be fine if I wanted to wait to see if my unit was OK first. They said that they would be sending the completion notices to all banks next week.


:ohno: unbelievable...

glad that you told your bank the truth - these guys really are priceless. WTF does "unofficially" mean.

Like many others I have had the final statement informing that all monies must be cleared by March 30th - even though there will not be an apartment ready!

There is a petition online if anyone wants to add their name to it:
http://www.ipetitions.com/petition/goldcrestviews2/

:ohno: unbelievable...

glad that you told your bank the truth - these guys really are priceless. WTF does "unofficially" mean.

Like many others I have had the final statement informing that all monies must be cleared by March 30th - even though there will not be an apartment ready!

There is a petition online if anyone wants to add their name to it:
http://www.ipetitions.com/petition/goldcrestviews2/

Please sign this petition as it is the only real leverage that we have to get this building into any sort of acceptable condition. If you know someone who has a GV2 apartment please pass on.

The ipetition will be forwarded to ETA/Stargiga this coming Monday, so please we need as many signatures as possible, as it stands now with 13 signatures we dont stand a chance of making any positive impact.

I checked my apartment today again, most of issues done, they are making the final painting now , after doing the painting and polishing of the doors.

They said that already got all permissions but I think they need 3-4 weeks to finish everything.

April for the handover is realistic.

I have received the notice of "completion" form Star Giga, signed by Suresh Thirumalai who is Head of Operations and when I contacted him to ask when the apartment will be ready, he DIDN’T KNOW.
I cannot believe. They are asking us to contact our banks for the final disbursement and they don’t know when the building will be completed. And this is from the Head of Operations.
What kind of company is this???

does anyone have this Suresh Thirumalai's email address??

I would like to sell my Apt. in GCV-2
It is 2 bed room and 2 bath on 20th. floor.

It will be ready for occupancy by April 1, 2010.

Arshad

After getting the completion letter, I visited my unit yesterday. The unit is far from completion the final painting and polishing is still pending in my unit and my floor lobby is yet to get the final painting and FINISHING.

Did any one speak to Giga for penalty for delay and how and when it is going to be paid.

I would like to sell my Apt. in GCV-2
It is 2 bed room and 2 bath on 20th. floor.

It will be ready for occupancy by April 1, 2010.

Arshad

How much are you looking for & what view do you have?
Thanks

How much are you looking for & what view do you have?
Thanks

You can e mail me at arshad922 at gmail dot com

Any updates guys?:ohno:

Is anyone else being given the runaround regarding second inspections?

My sister lives in Dubai and is acting on my behalf and is encountering no end of problems trying to arrange the second inspection. She was told originally to phone Aslam at the office on 11th March to arrange to inspect on 13th March, but guess what, no reply!

Having had no luck on Thursday, she tried eta star again on Saturday at 9.15am and was told Aslam would be in the office at 10, (no answer on his mobile). She rang back after 10 and was told he was off that day! They said to speak to a Mr Shabin, who'd been in a meeting most of day but said he would be finished in half an hour - they gave her his mobile number - still to no avail!

Having spoken to my sister yesterday she said she's just going to drive to the site on Wednesday and demand to see the apartment!

Given we were told handover was 30th March I am fully expecting further delays.

Has anyone else managed their second inspection? If so, was it an improvement on the first?!

^^ To be honest, I would just sit tight until ETA get in touch with you, I am sure they will inform you once the apartment is ready for inspection. More than likely, the 2nd inspection likely to be the at time of handover, and you can refuse handover until the defects (of which there are many) have been rectified.

Incredible Cybercarter! Did you do last installment to do thr first inspection?Is anyone else being given the runaround regarding second inspections?

My sister lives in Dubai and is acting on my behalf and is encountering no end of problems trying to arrange the second inspection. She was told originally to phone Aslam at the office on 11th March to arrange to inspect on 13th March, but guess what, no reply!

Having had no luck on Thursday, she tried eta star again on Saturday at 9.15am and was told Aslam would be in the office at 10, (no answer on his mobile). She rang back after 10 and was told he was off that day! They said to speak to a Mr Shabin, who'd been in a meeting most of day but said he would be finished in half an hour - they gave her his mobile number - still to no avail!

Having spoken to my sister yesterday she said she's just going to drive to the site on Wednesday and demand to see the apartment!

Given we were told handover was 30th March I am fully expecting further delays.

Has anyone else managed their second inspection? If so, was it an improvement on the first?!

Just to let you know my sister inspected my apartment today.

She reported there were still minor snags to put right which were mainly down to poor workmanship ie the siliconing round the bath area, nasty scratches on the front and internal doors (which, had by the way, been there on the first inspection!) a handful of loose floor tiles, the sliding doors onto the balcony wouldn't lock. She also said the walls could do with another coat of paint. Overall it was alot better than the first inspection. Hopefully she's going to re-visit next week.

She said the reception/lobby area is much improved ie clean/tidy with a guy manning the reception desk.

She also said the lifts and corridors had been cleaned and looked much better.

There's also a supermarket next door which she was told is due to open at the end of this month.

With everything else going on I forgot to ask if any progress had been made on the roof top area, but I'm sure had she been up there she would have mentioned it.

She did take some photos which unfortunately I can't upload!

PS: haven't paid the final instalment yet

looks better news cybercarter about snags!!:cheers:
could owners do the final payment after second,thirth... inspection?i mean not pay until all snags be solutioned?
Thanks

I will not be arranging the final payment until I'm 100% happy with the apartment.

Will let you know the outcome of next weeks visit.

I will not be arranging the final payment until I'm 100% happy with the apartment.

Will let you know the outcome of next weeks visit.
:cheers:

I got by email:

We would like to inform you that your property referenced above is now ready for possession. We invite you for a final inspection and handover. Please note that you must clear all pending dues before the handing over takes place.

For arranging final inspections of your property please contact: Jilani at 055-4026108 or Niaz at 050-7641620 at the site at any time between 9 AM to 3 PM.

Sincerely

I got by email:

We would like to inform you that your property referenced above is now ready for possession. We invite you for a final inspection and handover. Please note that you must clear all pending dues before the handing over takes place.

For arranging final inspections of your property please contact: Jilani at 055-4026108 or Niaz at 050-7641620 at the site at any time between 9 AM to 3 PM.

Sincerely

I got the same e mail and will be going for final inspection this week but won't accept the delivery unless all the defects were taken care of.

I got the same mail too & as said before wont take delivery until all sorted.

I've not had any email from them.....maybe my unit is not ready :ohno:

I've not had any email from them.....maybe my unit is not ready :ohno:

You should ask them.

I asked again yesterday because I am not in Dubai now and I have to organise the return trip.

Answer:

Your apartment is ready to move in and please keep us informed when you are coming for the handover. The keys will be handed over at the time of hand over and settlement of final payments.

I've not had any email from them.....maybe my unit is not ready :ohno:

I have spoken with them few days back and Hamza told me they will start the hand over for the apartments up to 10th floor.
Mine is at 19th floor and he told me to expect the handover after 3 weeks.

I called star giga office this morning and have been advised that handover has already begun for apartments located up to 9th floor. Others located in 10, 11 and 12th floor are expected to start from next week.
Anyone here has completed the handover and got the key?

I called star giga office this morning and have been advised that handover has already begun for apartments located up to 9th floor. Others located in 10, 11 and 12th floor are expected to start from next week.
Anyone here has completed the handover and got the key?

Yes I have moved in on 16th March, I am on 27th Floor

Yes I have moved in on 16th March, I am on 27th Floor

Wow, you were the first one who moved in I suppose. How is the condition of the building and did you get compensation from them?

Hi,
I am a bit concerned. I was hoping that I could get resident visa for my wife. Apparently the rules have changed and quite horrific. The property has to be worth a million or more and the visa is only for 6 months.

I was not planning to live in Dubai, just wanted to keep the flat as a place to stay when I come on visits or for get aways. But did not wan to go through the hassle of applying for a visa for my wife. I do not need a visa myself. Is there a way around.

I have actually lost heart after hearing this.

Hi,
I am a bit concerned. I was hoping that I could get resident visa for my wife. Apparently the rules have changed and quite horrific. The property has to be worth a million or more and the visa is only for 6 months.

I was not planning to live in Dubai, just wanted to keep the flat as a place to stay when I come on visits or for get aways. But did not wan to go through the hassle of applying for a visa for my wife. I do not need a visa myself. Is there a way around.

I have actually lost heart after hearing this.

I think this is one of the reasons real estate has taken a nose dive.

I have also taken the delivery of my Apt. on 20th. floor

I have also taken the delivery of my Apt. on 20th. floor

Hi Arshad,
So does this mean you have done the handover & paid final installment. What was the compensation & have all defects been attended to?
Thanks

Hi, if there is any body who needs funds to pay there last installment please contact me, I have cash credits with Star Giga.

I have already been in touch with new joiner.

Basically I have the green light from Star Giga to do this.

You can save on your last payment with me buy buying my credit notes at 0.8 to the dollar.

All transactions will take place in the Star Giga office, you pay me once they confirm transaction, it's very simple, and easy.

I will most likely be coming down to Dubai at end of April.

My unit is on floor 12, so if they are only handing over units upto floor 10 why have some investors already taken possession on higher floors?

Has anybody received compensation?

Noir-Dresses Sent you a PM

Hi Does anyone have credit notes gor GV2 that they wish to do a deal on? Can settle at the office in cash if preferred.

Please PM me.

Many Thanks

I am looking to buy a studio or one bed room Flat.
Any body interested to sell.
Please send me private message

To any resident of GV2, what is the situation at present? What proportion of the building is occupied and are there any workers on site?

I was there last week. No body was working at that time for about 4 days due to worker's strike.
About 15 families have moved in more are moving in.

Building looks good, still lot of dust and construction material all over the hallways.

I was there yesterday (Sunday 10th April). The strike came to a (temporary?) end yesterday. I could see that work had resumed as the labourers seemed to be busy again. My apartment is still not finished (top floor) and it could be a while longer although they seemed optimistic (I’ve heard it all before so I won’t get my hopes up). The contractor I spoke to said that negotiations were still underway as ETA still owes them 5 months pay and the only reason they resumed work is because ETA managed to pay them 2 months money. So there is a risk that they could strike again but let’s hope not.

However, the good news is that the roof is looking good – the pools and Jacuzzi had water in them. They were planting flowers up there too. The gym is practically complete and fully equipped (although lights were off but that’s because it’s not officially open). The steam rooms and saunas (women and mens) are all ready too. The other good thing is that they have at least 3 elevators in operation now so I didn’t have to wait 20 mins for a lift as I did 2 weeks before that. So there is hope that we are all closer to the finishing line now…

I am looking to buy a studio or one bed room Flat.
Any body interested to sell.
Please send me private message

or e mail at ams922@aol.com

I checked my apartment, snagging done , I will get the keys tomorrow :)

Pop your head in 1413 for me Imre and see if YOU can give me an update that ETA Star are unable to give me after asking about 10 times.

Pop your head in 1413 for me Imre and see if YOU can give me an update that ETA Star are unable to give me after asking about 10 times.

ETA-STAR, only may talk if you have Paid them in full.

I checked my apartment, snagging done , I will get the keys tomorrow :)

Goodluck Imre, hope you give us all all the info that we have been longing for, and maybe some pics too!

ETA-STAR, only may talk if you have Paid them in full.

I PAID IN FULL OVER TWO YEARS AGO.
SENT 20 EMAILS STILL NO ANSWERS RE HAND OVER :ohno:

I checked my apartment, snagging done , I will get the keys tomorrow :)

I got the keys about 3 week ago but can't move in due to electrical issues in the building......they are promising to get everything done in couple of days.....
So make sure they give you in writting that all systems are properly working and it is safe to move in...
Good Luck

I must say that finishing is good in my Apt.

Regards

I got the keys today, handover was more professional as the Goldcrest Views 1, I got the parking bay and the access card as well.

Nice tower, good quality , with one of the best roof and one of the biggest gym in Dubai.

Only some wood painting (door) left in my apartment , going back tomorrow afternoon to fix it.

Pics coming soon.

20/April/2010

Goldcrest Views 2

few pics of my apartment (1 B/r , 818 sqft)

http://i40.tinypic.com/sdd4yg.jpg

http://i40.tinypic.com/bdmp3s.jpg

http://i44.tinypic.com/nb4x2v.jpg

http://i39.tinypic.com/2qvfd42.jpg

http://i43.tinypic.com/np4eh3.jpg

http://i43.tinypic.com/25ywthu.jpg

http://i40.tinypic.com/6fy1z8.jpg

20/April/2010

Goldcrest Views 2 , huge gym

http://i40.tinypic.com/vmqa0x.jpg

http://i44.tinypic.com/2ldj290.jpg

http://i41.tinypic.com/jtkhsm.jpg

http://i39.tinypic.com/xpr68g.jpg

http://i41.tinypic.com/rc3v2s.jpg

http://i40.tinypic.com/1hqhrb.jpg

20/April/2010

Goldcrest Views 2 ,roof, swimming pool, jacuzzi , kids pool

This roof even better than the Goldcrest Views , pool is smaller but more space for sunbeds and tables abd the landscaping looks much better with these big palms.

http://i41.tinypic.com/213klj9.jpg

http://i41.tinypic.com/34h8if4.jpg

http://i43.tinypic.com/20zprbm.jpg

http://i40.tinypic.com/1zr2gd5.jpg

http://i43.tinypic.com/33m8z1z.jpg

http://i39.tinypic.com/53mk3p.jpg

http://i42.tinypic.com/2na7mdd.jpg

http://i39.tinypic.com/n6azh4.jpg

http://i42.tinypic.com/b6cwoz.jpg

Thanks Imre, nice pictures! I am looking forward to move in soon.
By the way, did they ask you to pay first year maintenance fee prior to handover the key? I thought that has been waived to compensate for the delay.

Thanks Imre, nice pictures! I am looking forward to move in soon.
By the way, did they ask you to pay first year maintenance fee prior to handover the key? I thought that has been waived to compensate for the delay.

Thanks,

I paid everything before but they will refund the first year maintenance as compensation for the delays, its just 10.000 AED but better than nothing :)

Imre, when you transfered your funds from Ajman to final payment in GCV2, how much did they charge you for cancelation fee's ??

They want to charge me 3 percent.

3 % is good , I think I paid more.

3 % is good , I think I paid more.

Is that 3 percent of how much money you gave them, or total value of apartment ?

I got the ok from Star Giga to transfer funds, and how it can be done.

Should be in Dubai in the next couple of weeks, see you there.

IMRE. THANK YOU VERY MUCH FOR PHOTOS
ALWAYS MUCH APPRECIATED.

anyone wants to sell a studio here for around AED 650-750 psqf please contact me. cash buyer.

I moved in a couple weeks back and i was quite impressed with the quality of the finish. Everyday there appears to be a few more cars in the carpark so it looks like the community is forming nicely. Im still owed money by ETA but i guess i have to wait as they tend to work on their own schedule. (I know for sure that it doesnt take a month to issue a cheque but they seem to think so!!)
Apart from the the odd fire alarm going off at random times in the evening i am quite content. If anyone wants anymore feedback please drop me a line or two!!

anyone wants to sell a studio here for around AED 650-750 psqf please contact me. cash buyer.

Honestly I doubt that someone will sell a studio here for 250-300K , if yes it would be a good business:)

^^^ JLT is going to be flooded with apartments in the next 2 years. if someone is holding for long term (7-10 years), then that price would not suit them. but there are some out there who are either distressed or short term investors who feel that it's better to put their money somewhere else than in an apartment in JLT!

i am not buying as an investment, its for my own use. and i know once i buy one, it would be hard to sell in the next 2-3 years except at a distressed price.

just my own thoughts.

I moved in a couple weeks back and i was quite impressed with the quality of the finish. Everyday there appears to be a few more cars in the carpark so it looks like the community is forming nicely. Im still owed money by ETA but i guess i have to wait as they tend to work on their own schedule. (I know for sure that it doesnt take a month to issue a cheque but they seem to think so!!)
Apart from the the odd fire alarm going off at random times in the evening i am quite content. If anyone wants anymore feedback please drop me a line or two!!

I too am concerned about the fire alarm, I have once see the workers running down out of the building, but sorry to say that the tenants are not notified. I guess we are living at RISK!!!!

^^^ JLT is going to be flooded with apartments in the next 2 years.

Mostly just office towers left , many residentials wont be ready in the next 3-5 years like, Wind 1, Wind 2, Dubai Star,Al Saqran,Vue De Lac, Vista De Lago etc..

Only few residential towers coming on the market in the next 2 years.

anyone wants to sell a studio here for around AED 650-750 psqf please contact me. cash buyer.

I don't think you can get studio apartment in this tower for that price unless someone is financially in trouble. Maybe you can easily find apartments in towers such as Icon, Dubai Gate or Lake City as their average selling price is within your budget.
Good luck!

Glover must be dreaming :nuts: