View Full Version : #COMPLETED: Park Island, 2x28F & 2x24F Res (Dubai Marina)


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klausen
November 30th, 2009, 01:46 PM
Just received an email from Emaar PHD dpts. after asking when would be the Orientation visit for my mid floor Bonaire apt:

"Kindly be advised that the unit is not certified ready for Home Orientation yet, we anticipate the same by the mid of December. Depending on the actual readiness of the apartment your unit will be certified ready for the Customer Home Orientation and you will be contacted by our team to visit the property."

in other words: keep waiting without clear information...

speedpete
November 30th, 2009, 01:51 PM
I got kind of the same reply in regards to my mid-floor Fairfield apt. (except that they were not specific with an approximate date in December).

Bavarian
November 30th, 2009, 01:59 PM
Just received an email from Emaar PHD dpts. after asking when would be the Orientation visit for my mid floor Bonaire apt:

"Kindly be advised that the unit is not certified ready for Home Orientation yet, we anticipate the same by the mid of December. Depending on the actual readiness of the apartment your unit will be certified ready for the Customer Home Orientation and you will be contacted by our team to visit the property."

in other words: keep waiting without clear information...

From all the posts, It looks like Emaar placed loads of workers into a few appartments to ready them for orientation. The purpose was to create an illusion of readiness to calm frustrated owners and avoid more
terminaton requests/law suites than they can swallow.:ohno:

irk72@hotmail.com
December 1st, 2009, 01:49 AM
From all the posts, It looks like Emaar placed loads of workers into a few appartments to ready them for orientation. The purpose was to create an illusion of readiness to calm frustrated owners and avoid more
terminaton requests/law suites than they can swallow.:ohno:

Law suits, In Dubai ?
Against Emaar ??

You really do live in cloud cuckoo land.

Has anyone not realised they are completely beyond reproach.
There is NOTHING we can do if they string us along, default on their debt, decide to liquidate...

Just pray they make it through to handover and finish off the grounds and parking. If they do, be thankful, thats all.
Put your law suits away or all you will be left with is your birthday suit.

btw If anyone read the worldwide media over the weekend - Dubai is a laughing stock. Are they bothered ?

detract
December 1st, 2009, 03:02 AM
I think we just going to have to be grateful that we get handover early or late. The number of projects not completing and now Nakheel projects being under the spotlight, I will be glad just to get handover. Just read some of the other forums. Would you like to be a holder of a Nakheel credit note now?

Most projects are delayed in some way or another and I can imagine any project which has a handover process will take months to complete.

dirtyharry1
December 1st, 2009, 09:21 AM
Yes, imagine you purchased on The Palm Jebel Ali:-)

Nakheel is completely finished and the 2 other Palms will be swallowed by the ocean...

Doctor_UK
December 1st, 2009, 05:42 PM
i own fairfield 2405 and still have not been contacted by emaar (thru phone or mail) regarding anything

received a call from my mortgage providers (hsbc) today. they wanted me to pay emaar 500 dirhams before the bank can do the completion evaluation.

all this lack of communication..... between the owners and the developer. emaar is contacting the banks directly but not bothered to tell us anything about whats happening and what do we need to do !!




....

Bavarian
December 1st, 2009, 05:43 PM
Law suits, In Dubai ?
Against Emaar ??

You really do live in cloud cuckoo land.

Has anyone not realised they are completely beyond reproach.
There is NOTHING we can do if they string us along, default on their debt, decide to liquidate...

Just pray they make it through to handover and finish off the grounds and parking. If they do, be thankful, thats all.
Put your law suits away or all you will be left with is your birthday suit.

btw If anyone read the worldwide media over the weekend - Dubai is a laughing stock. Are they bothered ?


What do you know,, after a long sleep, Mr. IRKed is striking again, with his miserable sower pos remarks. So miserable that you should pack up your rags and go home before you get a heart attack.
what a dungum doo. :)

irk72@hotmail.com
December 1st, 2009, 11:54 PM
What do you know,, after a long sleep, Mr. IRKed is striking again, with his miserable sower pos remarks. So miserable that you should pack up your rags and go home before you get a heart attack.
what a dungum doo. :)

Sue me too, why don't you.

I was just pointing out the ridiculousness of your comment about the threat of law suits in Dubai.
I knew what i was getting in to when i signed on the dotted line and have already paid all dues.

And btw i think you meant 'sour'.

Bavarian
December 2nd, 2009, 01:42 AM
Sue me too, why don't you.

I was just pointing out the ridiculousness of your comment about the threat of law suits in Dubai.
I knew what i was getting in to when i signed on the dotted line and have already paid all dues.

And btw i think you meant 'sour'.

You are obviously too greedy to leave Dubai, Literarly enslaved by material with little or no principles. Why live in what you describe as a lawless country, unless you
are prostituting your self as you earlier described people living in Dubai. Next time your miserable mind feels screwed by Dubai you will be cleaning streets in your hometown. Keep-up the good work.:)

Areadubai
December 2nd, 2009, 09:48 AM
You are obviously too greedy to leave Dubai, Literarly enslaved by material with little or no principles. Why live in what you describe as a lawless country, unless you
are prostituting your self as you earlier described people living in Dubai. Next time your miserable mind feels screwed by Dubai you will be cleaning streets in your hometown. Keep-up the good work.:)
Ladies,

Do us all a favor and get a room! This is a property forum not a "Lets bitch about each other" forum!

Thx

Bavarian
December 2nd, 2009, 11:51 AM
Ladies,

Do us all a favor and get a room! This is a property forum not a "Lets bitch about each other" forum!

Thx

Cool Down little girl ,, The use of the forum to slander your host country and it's people didn't get much of
your attention? Stay Tuned. you too IRKed :)

Finetune
December 2nd, 2009, 12:22 PM
Come on guys, move the slagging match to somewhere else, let's get on with worrying about the snagging, DEWA tie in, the completion date, and the resale potential of the units.

charlie big potatoes
December 2nd, 2009, 01:16 PM
Agreed, one thing you wont have to worry about is the resale potential! Try below OP.

Finetune
December 3rd, 2009, 07:37 AM
Agreed, one thing you wont have to worry about is the resale potential! Try below OP.

Thanks Charlie, my main concern is where I will tie up my 120 ft yacht.

charlie big potatoes
December 3rd, 2009, 08:18 AM
Behave and I will let you tie up along side me. Actually your very welcome, I could use it as a tender:lol: Keep dreaming.

One cheque
December 3rd, 2009, 08:58 AM
Hi, we are a professional couple looking to rent a two bed apartment in Park Island starting at the beginning of Feb.

Please PM me if you are interested.

Thanks

Finetune
December 3rd, 2009, 11:58 AM
Behave and I will let you tie up along side me. Actually your very welcome, I could use it as a tender:lol: Keep dreaming.

Thanks Charlie, could you loan me a few barrels of Diesel and a cup of sugar.

paki979
December 3rd, 2009, 12:24 PM
any update? are there workers on the site?

AppleMac
December 3rd, 2009, 12:40 PM
any update? are there workers on the site?

yes

kskumar
December 3rd, 2009, 01:03 PM
Has anybody recd. the handover intimation post snagging??Also any official intimation on service charges..??

Celtic Warrior
December 6th, 2009, 12:23 PM
Wow, it's quiet in here!

irk72@hotmail.com
December 6th, 2009, 01:02 PM
In writing from Emaar:

Service fees
AED 18.57/sq. ft. based on your saleable area

Payable as four post dated cheques.

Due from handover.

detract
December 6th, 2009, 02:52 PM
In writing from Emaar:

Service fees
AED 18.57/sq. ft. based on your saleable area

Payable as four post dated cheques.

Due from handover.

As someone who dosent live in Dubai is this reasonable or a rip off?

AppleMac
December 6th, 2009, 02:56 PM
As someone who dosent live in Dubai is this reasonable or a rip off?

By Dubai standards its about par for the course for developments of this standard.

M.I.T
December 7th, 2009, 05:27 AM
Hi!! If you need the assistance of orientation, please PM me. TKS

kskumar
December 7th, 2009, 06:20 AM
In writing from Emaar:

Service fees
AED 18.57/sq. ft. based on your saleable area

Payable as four post dated cheques.

Due from handover.


Tks for info. Has anybody recd. a handover date post snagging. Yesterday was told by emaar PHD that they hope to get Dewa approvals latest by 15th dec 2009.

detract
December 7th, 2009, 08:49 AM
By Dubai standards its about par for the course for developments of this standard.

Thanks!, can I feel a little more confident that things are progressing albeit slowly?

I've been informed by Emaar to wait to get a letter stating that everything has been fixed as per snag issues, to arrange handover, and presumably pay the completion amount.

Cockatoo
December 7th, 2009, 09:29 AM
Does anybody know anyone in Senior management in DEWA that might be able to provide some useful information to us or confirm that it is the power and water that we are waiting for? EMAAR seem to have there mouths full of bullshit excuses on a daily basis!!

ThunderRoad
December 7th, 2009, 09:45 AM
Was told by Emaar about 10 days ago that I would be advised a 'home orientation' date after EID holidays...I called yesterday and was told it would be sometime this week, and I would get a call back

Just received that call, and now it maybe sometime next week, due to problems with DEWA and Civil Defence...do they just pickl an excuse from a list ??

I said to them realistically, when do they think I will be in my apartment after home orientation / snagging etc.....and was told....'hopefully Mid Jan' !

I complained bitterly that this was a joke / fiasco, but frankly I am wasting my breath, so whats the point !

What a complete bunch of w***ers !. Am really fed up to the back teeth with it all

AppleMac
December 7th, 2009, 11:24 AM
I said to them realistically, when do they think I will be in my apartment after home orientation / snagging etc.....and was told....'hopefully Mid Jan' !

I complained bitterly that this was a joke / fiasco, but frankly I am wasting my breath, so whats the point !


Enough of us on this forum have pointed out all year that it would not be complete until 2010 so this shouldn't have come as a complete surprise.

ThunderRoad
December 7th, 2009, 11:33 AM
Applemac, No, it was not a suprise, but its the principle of the matter that is pissing me off!

Anyway, seeing as you are so knowledgable on all matters in the future, could you please let me have next Fridays UK lottery numbers....cheers !

AppleMac
December 7th, 2009, 11:52 AM
^^^^

Now now - no need to be cheeky :ohno:


Simply believe what you can see with your own eyes rather than what Emaar tell you - the reason that PI looks like a building site is that it is a building site.

Cockatoo
December 7th, 2009, 02:28 PM
EMAAR just announced in Arabian business:

"......We have taken brave & decisive steps, agreed on an ambitious outcome & reaffirmed our commitment to lower expectations by at least 50% by 2010......"

dirtyharry1
December 7th, 2009, 02:33 PM
Only 50% less? We don't expect anything again from Emaar...

docc
December 7th, 2009, 03:03 PM
In writing from Emaar:

Service fees
AED 18.57/sq. ft. based on your saleable area

Payable as four post dated cheques.

Due from handover.

Is that including the chiller fees? Service fees are charges separately from chiller charges so i'd advise you to check with Emaar regarding that. In Burj Views, i pay around AED 16 for service fees and AED 8 as chiller charges.

enriquedubai2
December 7th, 2009, 04:40 PM
My appointment for handover is on January 17th. EMAAR says that DEWA is not ready and the expected date for it is on Dec 15th, which I don't think it will happen.

I saw a DEWA car this morning in front of the buildings, I hope they can fix this ASAP in order for us to move into the proeprty

AppleMac
December 7th, 2009, 05:29 PM
I saw a DEWA car this morning in front of the buildings, I hope they can fix this ASAP in order for us to move into the proeprty

Dewa were installing new mains power cables in the building today - I would have thought that would have been one of the first jobs months ago :dunno:

dxbcelts
December 9th, 2009, 07:32 AM
Being a non Dubai resident i am looking for a dependable real estate company to rent out when the apartment ready without having to travel there. Appreciate your help.

Cockatoo
December 9th, 2009, 12:31 PM
Being a non Dubai resident i am looking for a dependable real estate company to rent out when the apartment ready without having to travel there. Appreciate your help.


I don't think the UAE actually understands the word 'dependable'. Look at the financial mess the Government is in!

Bavarian
December 9th, 2009, 01:32 PM
Being a non Dubai resident i am looking for a dependable real estate company to rent out when the apartment ready without having to travel there. Appreciate your help.

Better Homes seem reliable. Not sure how quick you can get a contract though, given market oversuply.

www.bhomes.com (http://www.bhomes.com)

paki979
December 10th, 2009, 11:49 AM
still not contacted for home orientation........

dosser
December 11th, 2009, 12:23 PM
I have an 06 Unit with marina view in Bonaire. How much would one of these be worth if I was to sell now or how much should i expect to get in rental? Thanks in advance for any advice.

And how realistic are the prices on GNAds property section because there is a huge variation?

Areadubai
December 11th, 2009, 06:12 PM
I have an 06 Unit with marina view in Bonaire. How much would one of these be worth if I was to sell now or how much should i expect to get in rental? Thanks in advance for any advice.

And how realistic are the prices on GNAds property section because there is a huge variation?

Sale, Worth - Aed.1,250,000, realistic selling price - Aed.1,125,000
Rent, Worth - Aed.105,000, realistic rental price - Aed.100,000/

Bavarian
December 12th, 2009, 11:57 AM
I have an 06 Unit with marina view in Bonaire. How much would one of these be worth if I was to sell now or how much should i expect to get in rental? Thanks in advance for any advice.

And how realistic are the prices on GNAds property section because there is a huge variation?

Your best estimates are with reputable realestate agencies, they will show you similar documented closed deals. Agents operating the internet forums often create dialogues with purpose to further drive down the market to persuade owners to transact with them at much lower prices. The goal is "quick bucks" rather than building long term customer-base (you will see examples in this forum).

dosser
December 13th, 2009, 04:27 PM
Thanks for the advice guys.

I'd consider selling at 1.2m. Could you recommend a decent agent?

googly
December 13th, 2009, 07:45 PM
Guys what the status on this project? I received a letter asking me to book an appointment for handover and pay the last installment. This is strange when I havent even been invited for Snagging.

I was expecting a letter informing me of a further delay. :bash:

m2
December 14th, 2009, 07:12 AM
Guys what the status on this project? I received a letter asking me to book an appointment for handover and pay the last installment. This is strange when I havent even been invited for Snagging.

I was expecting a letter informing me of a further delay. :bash:

Googly did you get the letter form Emaar or from your bank? If from Emaar is it the Project Update letter where they are saying that they will start handover on 30 Nov and that you should book your appointment or something else?

googly
December 14th, 2009, 08:33 AM
I got it from Emaar and it said I should contact the handover department for an appointment. Yet they didnt contact me for snagging! Funny. :nuts:

kskumar
December 14th, 2009, 11:00 AM
Just recd. a call from Emaar PHD that my Appt orientation is likely to be before 30th Dec.
Asked him about DEWA approval and also Civil defence. He cfmed that both are yet to be done. Looks the handover date will extend to end Jan 2010 on an optimistic note..

m2
December 14th, 2009, 12:16 PM
The date in Emaar's system for start of handover is 19 Jan 2010.

dxbcelts
December 14th, 2009, 02:44 PM
I wanted to find out about final payment and hand over and this is the response:

Thank you for your mail to Emaar Property Handover Department with regards to your unit at DM 9Q Sanibel-10-1006. We would like to take this opportunity to thank you for your continued loyalty to Emaar and assure you of the highest standards of service at all times.

Kindly be advised that after the Home Orientation de-snagging is in progress and once all the snags will be completed we will be getting in touch with you regarding the Handover. We anticipate the unit to be ready by the next month for handover after completing the deficiencies which were noted during the home orientation visit. The Home Orientations and Handovers are put on hold at present, as there are inspections and testing going on site.
As soon as this is over and unit is ready for handover, we will advise you. We anticipate this will be only by mid of January.

The handover process will follow after the unit is ready. Handovers of the apartment will be done on an appointment basis. Please contact us once you have completed all payment formalities to book an appointment.

Should you require any additional assistance or information, please feel free to contact us on our contact numbers + 971 4 3661688 or toll free 800 Emaar (36227).

Areadubai
December 14th, 2009, 10:21 PM
Your best estimates are with reputable realestate agencies, they will show you similar documented closed deals. Agents operating the internet forums often create dialogues with purpose to further drive down the market to persuade owners to transact with them at much lower prices. The goal is "quick bucks" rather than building long term customer-base (you will see examples in this forum).

Agreed! Be careful about these agents. I have sold several units to and on behalf of members of this forum and they have all been more than happy with my service! I have already sent you a PM so get in touch if you please.

thanks

Mark

THFC
December 15th, 2009, 10:51 AM
As someone who dosent live in Dubai is this reasonable or a rip off?

It isnt bad however does this include the buildings chiller charges as well (charge for centralised air conditioning)

If they are planning on charging you for AC on top of this as well then I would say it is a little on the steep side, but then its Emaar and their properties will always be slightly above the average. Most on the marina (with the exception of JBR) are around the 14-17 (incl Chiller) mark

THFC
December 15th, 2009, 10:57 AM
Thanks for the advice guys.

I'd consider selling at 1.2m. Could you recommend a decent agent?

what type of unit do you have? and how big is it?

googly
December 15th, 2009, 11:52 AM
I received this response from EMAAR regarding their letter for making appointments:

"As advised in our letter date 22-Nov-09 to you, Home Orientations and Handovers will be conducted by appointment provided the final payment is completed. Kindly confirm back to us once you have completed your final payment, as we will place your unit on priority to be made ready for home orientation and subsequently for snags rectification so that you can take the handover."

So now they want me to make the final payment BEFORE snagging. Doesnt make any sense. :bash:

Celtic Warrior
December 15th, 2009, 01:04 PM
I received this response from EMAAR regarding their letter for making appointments:

"As advised in our letter date 22-Nov-09 to you, Home Orientations and Handovers will be conducted by appointment provided the final payment is completed. Kindly confirm back to us once you have completed your final payment, as we will place your unit on priority to be made ready for home orientation and subsequently for snags rectification so that you can take the handover."

So now they want me to make the final payment BEFORE snagging. Doesnt make any sense. :bash:

Not supported by the contract. You have a right to inspect the property for snags before the final installment is due.

Bavarian
December 15th, 2009, 01:16 PM
Apple Mac/Imre

Any progress with the landscape arround the towers/Pool Area, would appreciate a picture update.

googly,

Welcome to the club, I now have no choice but to make the final payment and hope for the best :)

AppleMac
December 15th, 2009, 02:05 PM
Not much changed in the last few weeks - the pool area seems to be complete (lots of loungers stacked around) and the only real change is a couple of more palm trees in the front of Bonaire and Fairfield. They did have water in the pool last week although it looked to be gone today (probably leaked into the garage!).

http://i97.photobucket.com/albums/l212/sids666/P1000280.jpg

Bavarian
December 15th, 2009, 03:30 PM
Not much changed in the last few weeks - the pool area seems to be complete (lots of loungers stacked around) and the only real change is a couple of more palm trees in the front of Bonaire and Fairfield. They did have water in the pool last week although it looked to be gone today (probably leaked into the garage!).

http://i97.photobucket.com/albums/l212/sids666/P1000280.jpg
Thanks AppleMac. Leakage of pool into the guarage is a good reason for Emaar to freeze orientation visits, another more serious is leakage in the Marina-Wall, Let's see if Emaar tells us why the buildings are failing to pass authorities inspections.:ohno:

dosser
December 16th, 2009, 01:13 AM
THFC

It's an 06 unit in Bonaire with full marina view.

Cockatoo
December 16th, 2009, 02:02 AM
Apple Mac/Imre

Any progress with the landscape arround the towers/Pool Area, would appreciate a picture update.

googly,

Welcome to the club, I now have no choice but to make the final payment and hope for the best :)

Bavarian, are you really that stupid? EMAAR just change the rules as they see fit and you just take it? Why don't you just do what I'm doing and wait for them to call? When they want my money I'm sure they'll come running for it. It's people like you who that make it difficult for people like me! I mean really, hope for the best? EMAAR can shove there final payment up there arse until they show me that the snags have been completed as per my contract. I can't believe how stupid and how blind you are! I bet you probably work for EMAAR...!!

kskumar
December 16th, 2009, 05:35 AM
Bavarian, are you really that stupid? EMAAR just change the rules as they see fit and you just take it? Why don't you just do what I'm doing and wait for them to call? When they want my money I'm sure they'll come running for it. It's people like you who that make it difficult for people like me! I mean really, hope for the best? EMAAR can shove there final payment up there arse until they show me that the snags have been completed as per my contract. I can't believe how stupid and how blind you are! I bet you probably work for EMAAR...!!

I agree that last payment must be made only after snagging gets completed and Appt is ready for handover.. Emaar have cheated us enough.... Let them find some other route to find the money and complete the project..Obviously they have diverted the funds collected on this project...

Nberardis
December 16th, 2009, 08:07 AM
I agree that last payment must be made only after snagging gets completed and Appt is ready for handover.. Emaar have cheated us enough.... Let them find some other route to find the money and complete the project..Obviously they have diverted the funds collected on this project...

I agree with cockatoo, bavarian what are you drinking. I say screw emaar until I get my keys in my hand they will not recieve the last payment. Cockatoo for head of the home owners association.

italyindubai
December 16th, 2009, 12:24 PM
Emaar is sending now sms to force last installment. What kind of a f ...... co. is this if they don't have the cash to finish cleaning the entrance? I feel no one should pay until everything is finished, like in any civilized country in the world.

dirtyharry1
December 16th, 2009, 12:31 PM
They send sms? My god, that is a new dimension of screwing your customers. They seem to know exactly that nobody will buy ever again from these gangsters.

italyindubai, it is not a civilized country and they do whatever they want to suit their own interest, that's it. You are trapped and they know that. And since this happened to many thousands of investors and customers the property market in Dubai will remain be f...d up for a long time.

kskumar
December 16th, 2009, 12:40 PM
Have recd an sms too... They now seem to be desperate ... We are certainly in a barbaric country to say the least.. I guess Collectively we should hv a Media briefing and inform about the unehical practice being resorted by Emaar..

detract
December 16th, 2009, 12:45 PM
Yep received my SMS and email from credit control. Sent them an email from property handover saying they will come back to me when snags have been fixed and when they can arrange handover. Am I really going to pay when I havent received a date on when I will get my apartment, snags fixed? Does anyone in Emaar talk to each other?

Dear Valued Customer,


Kindly note that the final installment for your property in DM Park Island remains unsettled since 30-Nov-09.

Kindly settle your final payment to get payment completion certificate and appointment date for the handover of your property.


If payment is made/transferred, please advise us by sending a swift copy/deposit slip for us to account and issue a receipt.

If you would like to transfer the funds, please find below Emaar bank details as:-

Beneficiary Name: Dubai Marina Phase 1 LLC

Bank Name: Mashreq Bank

Branch: Khor, Dubai

Account No: 0494314315

Swift Code: BOMLAEAD

ABA Routing No: 026011743

If you require any assistance or wish to contact us directly please feel free to call our contact center on 800-36227(within UAE) or 043661688 (from outside UAE)

Kind regards

detract
December 16th, 2009, 12:50 PM
I agree that last payment must be made only after snagging gets completed and Appt is ready for handover.. Emaar have cheated us enough.... Let them find some other route to find the money and complete the project..Obviously they have diverted the funds collected on this project...

I think this is more an automated responses as opposed to trying to cheat us. The guy is just "doing his job".

kskumar
December 16th, 2009, 01:03 PM
I think this is more an automated responses as opposed to trying to cheat us. The guy is just "doing his job".


Agreed it is a automated response. We never get to talk to somebody higher up at Emaar. Am sure they will also start accruing interest on the last instalment effective from 30th Nov 2009-- That too will be an automated follow up..

daywalker
December 16th, 2009, 01:07 PM
got the e-mail and the sms.... I don't think anyone should pay before snagging...

detract
December 16th, 2009, 01:16 PM
My argument is that final payment is on completion so if Emaar can tell me its completed then I will pay. Not some arbitary date. I wait for that letter.

googly
December 16th, 2009, 01:20 PM
got the e-mail and the sms.... I don't think anyone should pay before snagging...

Same here. However, what choice do we have here? Why risk 80-90% of your money by not paying the final installments?

I have exchanged some emails with EMAAR and their reply is always the same...pay the damn money. They just dont listen. :ohno:

ThunderRoad
December 16th, 2009, 01:22 PM
I had my sms today, got straight onto them and told them to f*** off, as I havent even had a home orientation date fixed yet, and told them they could shove their call reference no too, as no fcuker ever calls back anyway, so its a waste of time.

They will not get a penny off of me, until a) my home orienation date is fixed and I see the apartment and b) fix any snags, and boy oh boy, am i going to go to town on that, I will check every screw, fitting, tile....and make them fcking work for their balance 20%, I dont care how long it takes

ThunderRoad
December 16th, 2009, 01:26 PM
What choice do you have ? Whats the matter with you people....have some fcking balls !

How can you 'be risking 80-90% if you dont pay the balance ?

They are already out of contract by not handing over on 30 Nov, and are now trying to get final payments out of Owners, before snagging has been done, or in my case, before I have even seen the apartment, never mind had it snagged !!!

shinobi888
December 16th, 2009, 01:33 PM
It seems I am probably one of the only ones to have paid the final installment without ever having seen the property. Foolish? Perhaps, but I trust that they will fix all the snags as promised. if not, then god help them.

detract
December 16th, 2009, 01:52 PM
I'm not paying my final payment just to be given a completion date, hell that date could be December 2010!
No my final payment will be made when they can give me a handover date with confirmation that snags have been fixed. Thats completion, not a "payment completion date" as Emaar finance call it.

Bavarian
December 16th, 2009, 02:45 PM
Bavarian, are you really that stupid? EMAAR just change the rules as they see fit and you just take it? Why don't you just do what I'm doing and wait for them to call? When they want my money I'm sure they'll come running for it. It's people like you who that make it difficult for people like me! I mean really, hope for the best? EMAAR can shove there final payment up there arse until they show me that the snags have been completed as per my contract. I can't believe how stupid and how blind you are! I bet you probably work for EMAAR...!!
Cockatoo,
Stop acting like a baby :), these tantrums will get you nowhere. You have no one to blame but yourself for signing such a one sided contract, there are so many gaps in this contract to the advantage of Emaar and they sure came in handy to them, an example, there is no clear definition of "handover" you can define it anyway you like, what the contract says is what matters (take a closer look). Did you have the contract reviewed by a lawyer before singing ?. I bet not, I didn't either. Also you may have seen clauses in the contract that you weren't comfortable with, but you couldn't convince Emaar to add or modify the standard clauses and went right ahead with signing it "no one forced you to sign". If you agreed to sign this contract for your company you would probably be fired. Im' not stupid or crazy I'm just taking responsibility for my own actions or lack-of :)

paki979
December 16th, 2009, 02:58 PM
I will pay when I have my home orientation done and all snags fixed. It is just stupid pay now and then do not know when the apartment will be hand over. If they haven't contacted me for home orientation it means the apartment is not ready yet. I am ready to pay, but I want the keys.

That said,, does anyone know the real status of PI?

italyindubai
December 16th, 2009, 11:34 PM
It cannot be a coincidence http://www.arabianbusiness.com/576197-emaar-chief-hails-10bn-dubai-support-package . The right title should have been "Emaar gets nothing of 10 bn and greets the last instalments of its clients" :gaah:

Celtic Warrior
December 17th, 2009, 06:59 AM
Considering the money people have already paid for these units, I’m surprised (and amused) no one seems to have read the very basic document that outlines your rights (yes, you DO have rights). You can either pay a few thousand dirhams to a lawyer to review the contract for you -- or you can take my word for it, read the following summary and do your own homework.

Bavarian, while there may be no specific definition of “handover” there is a clear obligation on Emaar to deliver the unit “…in a professionally finished condition, clean and ready for occupancy…” (see Clause 5.5).

The payment schedule we all signed at the time of signing the Contract also states that the final instalment is due and payable on the Completion Date (a term which, as defined, now means 30 November 2009), but which continues to “rollover” until Emaar gives you an opportunity to inspect the Unit (as per Clause 7).

In short, you are fully, and legally, entitled to withhold the final payment until at least you are given an opportunity to inspect the Unit. During the inspection, you create a snag list (or what the contract terms “Deficiencies”) and Emaar must rectify these within the agreed timeframe. You CANNOT, however, withhold the final payment until the snags are completed, otherwise you are in default and interest will be applied on a daily basis.

So, for those who have not yet been offered an inspection date, no final payment should be made. For those who have carried out their inspection, then Emaar must be ready to deliver the Unit to you in the condition mentioned in Clause 5.5 (with snags) – again, until they do so, you do not need to pay the final instalment.

The tricky part is that Emaar is obviously in default because they have not complied with Clause 5.5 (handed over the Units) by 30 November. You will remain in limbo, however, until you formally issue a Termination Notice to Emaar. From that point in time, they have 90 days to complete and handover the property to you. If they do not, then you get your money back, with interest (90 day EBOR). Termination and refund is your only remedy.

So what do you do? Wait until they’re ready to handover or claim a refund? It’s likely they’ll finish in 90 days, so “waiting” seems the only option. If you believe they will take longer than 90 days (and let’s face it, given the current status of the building works, if they do take longer, there are some real fundamental problems with the project) then you should immediately issue the Termination Notice to begin ticking the clock.

There’s no scenario, however, that would see anyone paying the final instalment before the Units are ready to be occupied. For those of you who have paid, or are considering paying, maybe I can interest you in buying some plots of land on the moon that I own :-)

khl
December 17th, 2009, 10:30 AM
Not supported by the contract. You have a right to inspect the property for snags before the final installment is due.

Are the payments in Emaar sales contract are scheduled in linked to the percentage of work completion or specific dates?

detract
December 17th, 2009, 10:53 AM
Great stuff Celtic Warrior. I have done my snag so we're part of the way but what Emaar told me was that once the snags have been fixed AND they have notified me of the fixes I have 10days to make the final payment.

Considering the not too bad state the apartment was in, I will comply as I suspect that the apartment (not counting communial areas) will be in a fit habitable state ready for occupation. When obviously Emaar tell me its ready!

khl
December 17th, 2009, 11:26 AM
The payment schedule we all signed at the time of signing the Contract also states that the final instalment is due and payable on the Completion Date (a term which, as defined, now means 30 November 2009), but which continues to “rollover” until Emaar gives you an opportunity to inspect the Unit (as per Clause 7).

item No 7 is COVENANTS AND WARRANTIES OF THE PURCHASER

kskumar
December 17th, 2009, 11:48 AM
Are the payments in Emaar sales contract are scheduled in linked to the percentage of work completion or specific dates?

Payments are linked to dates except for last instalment which is linked to handover.
Based on CelticWarriors analysis it would be worthwhile for us to join togeather and engage a lawyer-- intention of serving notice for default on final date of handover. Today I was at Emaar customer care office. The Lady at the desk has no clue on handover date and she confirms that Civil defence approval yet to come. . On advancing payments she has no explanation... Guess we need to take some decisive steps and not get conned anymore..

alexpk
December 17th, 2009, 03:01 PM
a question how much interest?? then surely it would just get together to protect ourselves better.
Per gli amici italiani, gli interessi sul ritardo si pagano mensilmente su base giornaliera ed a che tasso, sarebbe meglio fare un fronte comune per tutelarci ???? rimango in attesa

Celtic Warrior
December 17th, 2009, 06:07 PM
item No 7 is COVENANTS AND WARRANTIES OF THE PURCHASER

Your version of contract must be different, which is a bit surprising considering they use non-negotiable templates. Look for the clause headed "Unit Inspection"

LongLiveDubai
December 20th, 2009, 08:37 AM
Does anyone have a 2 bed room 02 series unit in Park Islands looking into selling it.

Tasy
December 20th, 2009, 12:27 PM
Has anyone made the final payment without carrying out a home inspection for snagging. Emaar keeps telling me that in order to book an appointment for Home Orientation I need to make payment. Then I will be contacted thereafter when the snags are fixed for handover. This sounds a little illogical to me, but heck this is Dubai, nothing makes sense here anymore.

Can someone please give me any insight into what they have done.

Nberardis
December 20th, 2009, 02:13 PM
Dear Abhay,



I am now writing to you, such that I inform you that I will NOT be paying the final instalment on my apartment until I do my orientation and if any snagging is required it will be fixed to my standard and you advise me when there is a firm date when I will recieve my keys. My apartment is still yet to be certified ready and I have spoken to the project manager on site and he has confirmed that DEWA is still not connected. If you will schedule me for my orientation and only after any snagging work needs to be completed to my satisfaction, and a firm date of handover with keys ready , it is only then I will instruct the Bank to make the final payment


TASY hope this helps

kskumar
December 20th, 2009, 04:11 PM
I too have been told by the Emaar PHD that the last instalment must be paid for fixing home orientation. PI does not have Dewa and Civil defence approval as yet.
Hv written to them stating that I need a firm date of handover after snagging --- and only on that basis the last instalment can be paid. This is as per our contract as well...

italyindubai
December 21st, 2009, 12:31 AM
hey guys, you don't seem to get the point. They are without money. Why don't we get together and buy the whole city and send them back into the desert?

AppleMac
December 21st, 2009, 12:51 PM
Can someone please give me any insight into what they have done.

Went down to Emaar handover department today and this is what we were told.

The rules have changed - you must pay final installment before orientation irrespective of what is written in your contract.

Although I dislike doing it, personally I am going pay before orientation simply to get the whole thing over with as soon as possible. As the wife pointed out last night, we have already paid 90% sight unseen so is the last 10% the end of the world?

I'm not happy but dont really see much other option.

hourad
December 21st, 2009, 12:56 PM
Went down to Emaar handover department today and this is what we were told.

The rules have changed - you must pay final installment before orientation irrespective of what is written in your contract.

Although I dislike doing it, personally I am going pay before orientation simply to get the whole thing over with as soon as possible. As the wife pointed out last night, we have already paid 90% sight unseen so is the last 10% the end of the world?

I'm not happy but dont really see much other option.

AppleMac, Do you have any updateing news for handover date?

AppleMac
December 21st, 2009, 01:01 PM
AppleMac, Do you have any updateing news for handover date?

We were told that handover would be at the end of January, which looking at the amount of work still to be done on site seems a reasonable guess.

Bavarian
December 21st, 2009, 01:51 PM
Has anyone made the final payment without carrying out a home inspection for snagging. Emaar keeps telling me that in order to book an appointment for Home Orientation I need to make payment. Then I will be contacted thereafter when the snags are fixed for handover. This sounds a little illogical to me, but heck this is Dubai, nothing makes sense here anymore.

Can someone please give me any insight into what they have done.

Hi Tasy,

I spoke with a senior in Emaar and was told off the record that "There are about 2400 handovers to be conducted in the next 6 months and with short staffing, the priority will be given for those with no outstanding payments. Emaar does not intend to consider those who do not pay the last payment (before orientation) as defaults". I told him Emaar has lost a great deal of credibility and customer loyalty for trying to use "lack of transparancy" to it's advantage and against their customer's interest.

Despite all, I'm convinced that paying sooner than later is the best option for obvious reasons.

paki979
December 21st, 2009, 02:46 PM
if they want and need money they should better hand over the apt asap!!!

hourad
December 21st, 2009, 02:53 PM
if they want and need money they should better hand over the apt asap!!!

I'm agreeing with you. I paid my last installment, before 30 November.

paki979
December 23rd, 2009, 03:37 PM
emaar is still emailing and texting!

hand over was supposed on nov the 30th...

then I was told I would be contacted for home orientation mid december.....

not even an updating about the real status of the project and a certain date for hand over!!!

AppleMac
December 23rd, 2009, 04:22 PM
emaar is still emailing and texting!


Yes - the one I had today told me to pay up and get a handover date - no mention of any orientation. :nuts:

italyindubai
December 23rd, 2009, 10:02 PM
I begin to wonder if there is some other kind of problem aside short of liquidity. I think we should pay only if there is a written guarantee that the unit will be ready, with all snags removed within the 31st of January. Should that not be the case we should have a discount on the service charges. The amount should be 24,5 fils per day per sqf.
That means on a average of 900 sqf are 220,5 Aed/day. This is an estimate very reasonable rental return which the delay results as a loss.

Bavarian
December 23rd, 2009, 10:16 PM
Guys,

I took the plunge and paid the final payment ,,,let's see how long it will take Emaar to give me an orientation date.:ohno:

I still keep getting the anoying SMS's :lol:

Cockatoo
December 24th, 2009, 04:23 AM
Guys,

I took the plunge and paid the final payment ,,,let's see how long it will take Emaar to give me an orientation date.:ohno:

I still keep getting the anoying SMS's :lol:

You really are a fool Bavarian. I have taken the step of not paying the final instalment. Let's see how long it will take EMAAR to handover my apartment!
I keep receiving the sms's and email's as well.....

Bavarian
December 24th, 2009, 08:03 AM
You really are a fool Bavarian. I have taken the step of not paying the final instalment.

Cockatoo Welcome back :)

Yes, me and another 160 people who paid in the last 5 days (check your sources). We figured why risk 90% for 10% ?:)

It's called risk management. You pay now and increase the probability for handover or earlier handover, eliminate the probability of having to pay for arbitration fees, possibly in 5 or 6 digits or , stay in a state of limbo for months or more.

No matter how you look at it, Emaar did finish your unit (may not be the best of shape yet) and the last payment belongs to them. So wake-up, everyone ends-up losing somthing in this crises you, me and Emaar are included.

Celtic Warrior
December 24th, 2009, 09:04 AM
You guys are focusing on the wrong company. Do you really think Emaar will be paying the construction company (DCE?) THEIR final installments before the project is handed over as a whole to Emaar? Payment to Emaar today is simply improving their cash position, but they will not be paying out any money to the contractor. Anyone have any update on the actual construction work on-site? Has anyone actually taken possession as yet? Any pictures?

paki979
December 24th, 2009, 10:56 AM
I am ready to pay when they give me an appointment for home orientation and a certain date of hand over. That's it. And I really hope they will complete the project as soon as possible because I want to get in my apartment.

Bavarian
December 24th, 2009, 03:49 PM
You guys are focusing on the wrong company. Do you really think Emaar will be paying the construction company (DCE?) THEIR final installments before the project is handed over as a whole to Emaar? Payment to Emaar today is simply improving their cash position, but they will not be paying out any money to the contractor. Anyone have any update on the actual construction work on-site? Has anyone actually taken possession as yet? Any pictures?

I agree, also banks are not financing developers or construction companies, so no one gets paid and everyone waits (for how long)?. Owners are most likely to lose in this deadlock unless they fund the last mile of finishing their units.

Celtic Warrior
December 24th, 2009, 05:50 PM
...unless they fund the last mile of finishing their units.

The point is, any final payment will not make it to the contractor until the project is handed over to Emaar (and then to us). So, the payment will not finance the "last mile" at all. It will only sit in Emaar's pocket.

AppleMac
December 24th, 2009, 07:30 PM
Anyone have any update on the actual construction work on-site? Has anyone actually taken possession as yet?

The site does not have DEWA connection or Civil Defence approval so nobody will have possession yet.

There are quite a few guys on site from DCE - trouble is, as has been the case all year, they are not doing much. I walked past the site yesterday and counted over 25 guys milling around outside - only 1 was working and he was digging up the paving that had been laid 2 weeks ago :wallbash:

If DCE were organised and worked their guys as efficiently as they do on other sites then we would have had completion 6 months ago.

Bavarian
December 24th, 2009, 07:36 PM
The point is, any final payment will not make it to the contractor until the project is handed over to Emaar (and then to us). So, the payment will not finance the "last mile" at all. It will only sit in Emaar's pocket.

Sure, Final payments leads to better cash position, stronger balance sheet, which translates to better funding oportunities of it's operations.

I think Emaar is looking to revive their revenue cycle rather than hord cash indefinitly.

Cockatoo
December 25th, 2009, 03:08 AM
Cockatoo Welcome back :)

Yes, me and another 160 people who paid in the last 5 days (check your sources). We figured why risk 90% for 10% ?:)

It's called risk management. You pay now and increase the probability for handover or earlier handover, eliminate the probability of having to pay for arbitration fees, possibly in 5 or 6 digits or , stay in a state of limbo for months or more.

No matter how you look at it, Emaar did finish your unit (may not be the best of shape yet) and the last payment belongs to them. So wake-up, everyone ends-up losing somthing in this crises you, me and Emaar are included.

Bavarian, let me guess....you did Risk Management 101 at the Umm Al Quwain Community college and failed? I'm not even going to get into an argument with you. I have received 2 emails and 2 sms's. I have received NO phonecalls and not once have the emails/sms's mentioned late payment fees! and yes, I have already done my home orientation. What I see is obviously differen't to what you see. EMAAR will not get my final payment until the keys are in my hand.

Bavarian
December 25th, 2009, 09:29 AM
Bavarian, let me guess....you did Risk Management 101 at the Umm Al Quwain Community college and failed? I'm not even going to get into an argument with you. I have received 2 emails and 2 sms's. I have received NO phonecalls and not once have the emails/sms's mentioned late payment fees! and yes, I have already done my home orientation. What I see is obviously differen't to what you see. EMAAR will not get my final payment until the keys are in my hand.

Cockatoo, grow-up :) A delay of 2 months in handover is Risk that some people like to mitigate.

No i took it during my MBA program at Columbia University.

kskumar
December 25th, 2009, 11:01 AM
We seem to have reached a dead end with Emaar. The final payment can be done provided we have a gurantee from Emaar on the Handover date. This is daylight robbery and we are succubing to this. Maybe we as a Group can meet at a fixed time at the Emaar office and demand meeting a senior official who can at least address our concerns and give a commitment date on handover.
We do not need to be any Management specialists to avoid getting screwed on the last instalment -- the idea is to minimise our losses from now at least...

ankaboottx
December 25th, 2009, 12:29 PM
Emaar having the incentive to get the final payment is dragging its feet to complete this project and hand over. Then what makes one think once you have make the final payment, thereby eliminating all incentive to handover, Emaar will make the handover, or make it sooner?

I won't pay, until orientation and key in my hand. They don't like it? Then lets go to court.

Tasy
December 27th, 2009, 07:41 PM
Just as a point of note: I have not received any sms's /emails / calls from Emaar asking for final payment. Is this wierd? Could this have something to do with properties being financed? Are all those receiving payment requests financed or does this have nothing to do with it?

Doctor_UK
December 28th, 2009, 12:01 AM
i went to see emaar recently regarding hand over..... they have asked me to pay a PRE-REGISTRATION FEES of AED3000..... what is this??

i asked HSBC, my mortgage provider about this... and they have advised me not to pay another penny to emaar regarding the registration process.

i feel this is what the general consensus on this forum is as well.... the registration fees (or this new pre-registration fees) should be sorted out between the owner and the land department....


...

Bavarian
December 28th, 2009, 12:13 AM
Just as a point of note: I have not received any sms's /emails / calls from Emaar asking for final payment. Is this wierd? Could this have something to do with properties being financed? Are all those receiving payment requests financed or does this have nothing to do with it?

Yes I was getting these SMS and Mine is not financed.

Nberardis
December 28th, 2009, 06:26 AM
OK for those of you whom have not paid the last instalment and think you will not receive a orientation tour without paying, cockatoo is right, I totally agree with him. I am doing my orientation today and will not pay the last instalment till I see snags complete and keys in hand, all it takes is some stern words

kskumar
December 28th, 2009, 10:17 AM
Just as a point of note: I have not received any sms's /emails / calls from Emaar asking for final payment. Is this wierd? Could this have something to do with properties being financed? Are all those receiving payment requests financed or does this have nothing to do with it?

My Appt is not Mortgaged / Financed -- but have recd. the annoying the sms/emails.
Coming to pre registration ooqud -- i had paid immdly on receiving the notification ( dhs 3000 ) but for almost 3 months thereafter Emaar was not able to provide the LD documentation .They took yr money and kept it..
The last instalment too will meet the same fate. My approach is will wait till DEWA and Civil defence clearance gets done and also observe if they commence Home orientation for those who have already paid..
Better to hold cash in yr hand till you are sure of developments..

dirtyharry1
December 28th, 2009, 10:40 AM
The (real) registration at the Land Department will take place quite a while after your posession... against payment of 1% of the original purchase price from Emaar.

This ooqud thing is just in Emaar's system... you will not receive any confirmation or certificate etc. unless you register at the Land Department.

PARKIS102
December 28th, 2009, 02:48 PM
Hi all - i´m from Denmark and is looking foreward to see the projekt when it is ready. have anybody some fresch fotos from the plot....? is there workers on the site every day.....?

I havent heard from Emaar - and have not been told to pay the last payment - which I dont attent to before final handover.

Thanks

globalsimo
December 28th, 2009, 03:15 PM
Hey guys,

I'm flying to Dubai this week (arrive Wednesday night) for some Dubai Marina house hunting and am looking to a buy a 2 bedroom in Park Towers. Plz contact me if you are eager to sell. My number is +968 92890060 and my email is simo.chen@yahoo.com No real estate agents plz!

globalsimo
December 28th, 2009, 03:16 PM
Hey guys,

I'm flying to Dubai this week (arrive Wednesday night) for some Dubai Marina house hunting and am looking to a buy a 2 bedroom in Park Towers. Plz contact me if you are eager to sell. My number is +968 92890060 and my email is simo.chen@yahoo.com No real estate agents plz!

marina view is a MUST, preferably on higher floor

Starcom647
December 30th, 2009, 04:07 AM
marina view is a MUST, preferably on higher floor

I have One Bedrom on the higher floor Bonaire 05 unit.

AppleMac
December 30th, 2009, 05:00 AM
latest update from Du on phone/internet/tv connection is that due to failures in the testing of the fibre-optic link estimated connection date has gone back to March 18.

However further delays cannot be ruled out if more failures come to light during testing.:(

GreenKiwi
December 30th, 2009, 08:43 AM
Told by Emaar today that problem with slow progress is due to contractor with many projects and labour problems due to non payment of their workers and there have even been labour strikes. Anyway whilst I sympathise with all the concerns about late delivery, we are far better off than those who are 50-60% paid on many projects in Dubai and nothing to show but a hole in the ground or worse. If payment delayed then I get the impression Emaar will not prepare the apartment for orientation ie to the back of the queue so up to you but I paid and given a date of 7th February to collect keys and they are now preparing the unit for orientation/handover.

Bavarian
December 30th, 2009, 09:40 AM
Told by Emaar today that problem with slow progress is due to contractor with many projects and labour problems due to non payment of their workers and there have even been labour strikes. Anyway whilst I sympathise with all the concerns about late delivery, we are far better off than those who are 50-60% paid on many projects in Dubai and nothing to show but a hole in the ground or worse. If payment delayed then I get the impression Emaar will not prepare the apartment for orientation ie to the back of the queue so up to you but I paid and given a date of 7th February to collect keys and they are now preparing the unit for orientation/handover.

Greenkiwi, thanks for the update. What % is expected to be paid on February 7th for maintenance.?

GreenKiwi
December 30th, 2009, 09:58 AM
I think someone else posted re management fee but it is AED 18.?? PSF. Not sure if it includes air con. Told the fee is payable when I collect keys and runs from the actual handover date. Just had a look at the Jumeirah Village section and again anyone still moaning about Park Island just take a look and you might feel better. I must say though that Emaar have been pathetic about giving realistic dates which hasn't affected me as I am just going to rent out the unit but for end users it must have been a real pain.

Bavarian
December 30th, 2009, 12:03 PM
Told the fee is payable when I collect keys .

The full fee for one year.? or 25% for the quarter as some estimate .?

AppleMac
December 30th, 2009, 02:14 PM
Told by Emaar today that problem with slow progress is due to contractor with many projects and labour problems due to non payment of their workers and there have even been labour strikes.

Pretty poor excuse as it is Emaar's refusal to pay their contractors that is leading to the unpaid workers. :ohno:

Emaar only posted a profit this year by stopping payment to their creditors.

kskumar
December 30th, 2009, 03:41 PM
Told by Emaar today that problem with slow progress is due to contractor with many projects and labour problems due to non payment of their workers and there have even been labour strikes. Anyway whilst I sympathise with all the concerns about late delivery, we are far better off than those who are 50-60% paid on many projects in Dubai and nothing to show but a hole in the ground or worse. If payment delayed then I get the impression Emaar will not prepare the apartment for orientation ie to the back of the queue so up to you but I paid and given a date of 7th February to collect keys and they are now preparing the unit for orientation/handover.

Logical to sympathise with Emaar when they have run out of cash.But how can anyone occupy the premises without DeWA approval/ connection and civil defence approval.
Have been told by reliable sources at the site that Dewa approval not there till today 30th Dec 2009 and thereafter civil defence approval will take at least 10 days optimistically.

PARKIS102
December 30th, 2009, 03:44 PM
marina view is a MUST, preferably on higher floor

Hi Globalsimo - i have 3400 sqf - 3 bed room - it is what Emaars calls Villa. With fantastic Marina view.

option is sale and lease.....?

Dec21
December 31st, 2009, 08:25 AM
The full fee for one year.? or 25% for the quarter as some estimate .?

From my previous experience, they will ask you to pay whole year maintenance fee, which will be mostly divided by four payments. In other word, you have to pay 25% for the first quarter and 3 PDC.

Finetune
December 31st, 2009, 09:51 AM
Has anyone inspected the car parking area during home orientation and snagging ?

Bavarian
December 31st, 2009, 01:59 PM
Good point.!

Bavarian
December 31st, 2009, 02:00 PM
Has anyone inspected the car parking area during home orientation and snagging ?

Good point.!

detract
December 31st, 2009, 02:37 PM
Good point.!

Did ask when I did my snagging at Sanibel. It wasnt ready, I wasnt allowed to see it plus spaces hadnt been allocated yet. This may happen even after handover. I did my snagging at the beginning of Nov so things may have progressed.

Bavarian
December 31st, 2009, 02:55 PM
Did ask when I did my snagging at Sanibel. It wasnt ready, I wasnt allowed to see it plus spaces hadnt been allocated yet. This may happen even after handover. I did my snagging at the beginning of Nov so things may have progressed.

I hope there would be an alternate place for people to park when they finally move in.

italyindubai
December 31st, 2009, 08:25 PM
Did ask when I did my snagging at Sanibel. It wasnt ready, I wasnt allowed to see it plus spaces hadnt been allocated yet. This may happen even after handover. I did my snagging at the beginning of Nov so things may have progressed.

Are you saying the snagging has been done almost 2 months ago and you still haven't see your apartment finished?
Are they hiding an indoor swimming pool in the parking area?:rant:

detract
January 1st, 2010, 01:38 AM
Are you saying the snagging has been done almost 2 months ago and you still haven't see your apartment finished?
Are they hiding an indoor swimming pool in the parking area?:rant:

Tell me about it, Emaar accounts are asking for my final payment, while handover team have told me to wait for them to inform when the snags have been fixed and then they will contact me regarding handover, afterwhich I have 10days to make final payment. I'm tempted just to pay up considering how little additional work was required on my apartment.

Celtic Warrior
January 2nd, 2010, 10:06 AM
Tell me about it, Emaar accounts are asking for my final payment, while handover team have told me to wait for them to inform when the snags have been fixed and then they will contact me regarding handover, afterwhich I have 10days to make final payment. I'm tempted just to pay up considering how little additional work was required on my apartment.

Emaar usually give owners the right to accept a unit "as is", with an understanding that the snags will be corrected under warranty. If yours are minor, then it would be interesting to see what would happen if you told them you would take the unit and then made your final payment. Would they immediately handover? Somehow I doubt it.

Bavarian
January 2nd, 2010, 12:18 PM
Emaar usually give owners the right to accept a unit "as is", with an understanding that the snags will be corrected under warranty. If yours are minor, then it would be interesting to see what would happen if you told them you would take the unit and then made your final payment. Would they immediately handover? Somehow I doubt it.

Seems like a win/win if the buildings are already cleared for occupancy.

AppleMac
January 2nd, 2010, 12:56 PM
Would they immediately handover? Somehow I doubt it.

They cannot legally handover until DEWA is connected and Civil defence have issued their cert - after that, then it is possible. When DEWA will be connected and Civil Defence finished is the $65,000 question :dunno:

GreenKiwi
January 2nd, 2010, 04:03 PM
Applemac - so you think a company can post a profit by not paying it's creditors!!! Ha ha ha ...I am not an accountant but if it was that easy why would everyone not do it. Suggest you buy a dummies guide to basic accounts and learn the difference between cash flow and profit and loss accounts -- which must show all unpaid creditors as a liability ie reduces and profits or increases losses.

AppleMac
January 2nd, 2010, 04:57 PM
Applemac - so you think a company can post a profit by not paying it's creditors!!! Ha ha ha ...I am not an accountant but if it was that easy why would everyone not do it. Suggest you buy a dummies guide to basic accounts and learn the difference between cash flow and profit and loss accounts -- which must show all unpaid creditors as a liability ie reduces and profits or increases losses.

I suggest you stop being offensive and buy a dummies guide to life in the Middle East.

Emaar posted a 655 million Dhs profit in the 3rd quarter 2009 and considering that many of their contractors have not been paid all year your idea that normal accounting rules apply here is simple ignorance - keep discovering :lol:

Bavarian
January 2nd, 2010, 05:36 PM
Applemac - so you think a company can post a profit by not paying it's creditors!!! Ha ha ha ...I am not an accountant but if it was that easy why would everyone not do it. Suggest you buy a dummies guide to basic accounts and learn the difference between cash flow and profit and loss accounts -- which must show all unpaid creditors as a liability ie reduces and profits or increases losses.

kiwi are you o.k .?

Celtic Warrior
January 3rd, 2010, 01:06 AM
They cannot legally handover until DEWA is connected and Civil defence have issued their cert - after that, then it is possible. When DEWA will be connected and Civil Defence finished is the $65,000 question :dunno:

Agreed. The real worry is that Emaar is STILL awaiting the DEWA connection! Is this a sign of a greater and more fundamental problem with the project? Emaar are over one month late on the last stated completion date and no official updates. Surely, they should have had a committed connection date BEFORE they told us the handover woud be 30 Nov! I'm even more disappointed tonight as I just drove past PI and it looks like NOTHING has happened in the last 4 weeks since I last drove by. There's something very worrying going on here -- beyond mere cash flow issues!

AppleMac
January 3rd, 2010, 06:29 AM
Agreed. The real worry is that Emaar is STILL awaiting the DEWA connection! Is this a sign of a greater and more fundamental problem with the project?

DEWA were there the week before last installing main power cables into the blocks - they had a few guys on site all last week so hopefully it is just slow progress.

Considering how late the project is, this last few months panic to get people to pay by effectively lying to them about a handover date is a very bad show by Emaar - I only hope it is just 'normal' cash flow problems.

Celtic Warrior
January 3rd, 2010, 02:23 PM
Went down to Emaar today. They confirmed (i) DEWA is nearly finished, (ii) Civil Defence Certificate is imminent (certainly by next week), (iii) contractor will be leaving the site at the end of Jan., (iv) invitations to arrange orientation visits should re-commence next week, (v) handover expected to begin in the first week of Feb., and (vi) final payment not a prerequisite to orientation visit. All in all, good news. However, the girl I spoke with seemed very nervous, which may mean she is shell-shocked by the numerous complaints, or she knew she made herself "guilty of a terminological inexactitude"! TIme will tell!

:soon::cheers:

AppleMac
January 3rd, 2010, 02:41 PM
Had a similar story today as well - got a handover appointment for 16th Feb (they actually said it might be sooner!) :lol:

It remains to be seen whether this date is any more accurate than their previous offerings...

evien
January 3rd, 2010, 02:57 PM
/Users/elma/Pictures/iPhoto Library/Originals/2009/21 dec 2009/IMG_0283.JPG

jmilkhan
January 3rd, 2010, 07:09 PM
/Users/elma/Pictures/iPhoto Library/Originals/2009/21 dec 2009/IMG_0283.JPG

Can not see the images. Has some one the lattest photos?

jmilkhan
January 3rd, 2010, 07:22 PM
Planning to travel to Dubai. How many working days would be enough for take over and transfer deed? A non resident can not open a bank account in Dubai, how to arrange post dated cheques for service charges and drafts for transfer fees to the Land Department? Foreign cheques are subject to charges of AED 500 and would like to avoid it. What would be the best approach? Need advice.

GreenKiwi
January 3rd, 2010, 08:38 PM
So Ernst & Young the auditors are colluding with Emaar to cook the books of a publicly listed company with substantial foreign institutional investors and thereby face claims in Courts worldwide for fraud and misrepresentation!! I think not.

Bavarian
January 3rd, 2010, 09:02 PM
- Arthur Anderson was bigger than Ernst & Young.
- Enron was bigger than Emaar.
- Both were not "Middle-East" :)

AppleMac
January 4th, 2010, 01:53 AM
GreenKiwi you are free to believe whatever you want - if you want to believe that Emaar are the only developer in Dubai who has paid all of their contractors then thats up to you. I would just suggest that before setting your views in concrete as it were you actually talk to some of Emaars sub-contactors. :wink2:

The construction trade press have been full of stories like this all year:

Some contractors and consultants have not been paid for up to six months, and large Dubai-affiliated developers owe billions of dollars, according to contractors, lawyers and executives.

They say large government-controlled developers in the emirate, such as Nakheel and Emaar, are among those failing to pay.

Even when Emaar annouced their 3rd quarter profits their contractors were still complaining they hadn't been paid.

But as I say - you can believe what you like.

Starcom647
January 4th, 2010, 04:20 AM
Planning to travel to Dubai. How many working days would be enough for take over and transfer deed? A non resident can not open a bank account in Dubai, how to arrange post dated cheques for service charges and drafts for transfer fees to the Land Department? Foreign cheques are subject to charges of AED 500 and would like to avoid it. What would be the best approach? Need advice.

I think Bank of Emirates open up the checking account for foreign.
when i was in dubai last time i have check with them.

GreenKiwi
January 4th, 2010, 05:49 AM
Applemac - I know Emaar and Nakheel haven't been paying. My point was just that those liabilities would still need to be reflected in the accounts of both companies. I believe Nakheel just posted a massive loss.

christian875
January 4th, 2010, 06:56 AM
Went down to Emaar today. They confirmed (i) DEWA is nearly finished, (ii) Civil Defence Certificate is imminent (certainly by next week), (iii) contractor will be leaving the site at the end of Jan., (iv) invitations to arrange orientation visits should re-commence next week, (v) handover expected to begin in the first week of Feb., and (vi) final payment not a prerequisite to orientation visit. All in all, good news. However, the girl I spoke with seemed very nervous, which may mean she is shell-shocked by the numerous complaints, or she knew she made herself "guilty of a terminological inexactitude"! TIme will tell!

:soon::cheers:

Celtic Warrior is pt vi correct? I spoke with EMAAR before the holidays and they told me i had to arrange final payment for them to schedule me an orientation / snagging appointment. Has this changed? Thanks for any info.

AppleMac
January 4th, 2010, 10:09 AM
Celtic Warrior is pt vi correct? I spoke with EMAAR before the holidays and they told me i had to arrange final payment for them to schedule me an orientation / snagging appointment. Has this changed? Thanks for any info.

I think as is the case with many things in the UAE - it depends on who you speak to.

Mind you we have had both stories (no you dont need to pay, yes you do need to pay( from the same 'customer service' rep in the past month :nuts:

I'm guessing that Bavarian was correct when he said that he had been told that if you pay you go to the front of the queue for handover, if you dont you wait until everyone else is done - FWIW we paid the final installment without orientation and were given a handover appointment there and then, orientation to be slotted in sometime ahead of handover.

christian875
January 4th, 2010, 10:25 AM
I think as is the case with many things in the UAE - it depends on who you speak to.

Mind you we have had both stories (no you dont need to pay, yes you do need to pay( from the same 'customer service' rep in the past month :nuts:

I'm guessing that Bavarian was correct when he said that he had been told that if you pay you go to the front of the queue for handover, if you dont you wait until everyone else is done - FWIW we paid the final installment without orientation and were given a handover appointment there and then, orientation to be slotted in sometime ahead of handover.

Thanks Applemac! Unfortunately i've already renewed the lease to my current apt because of the PI delays. So for me, i'm not really in any type of rush so i may just wait. In any case, i'll call EMAAR again just in case the requirements change (again).

googly
January 4th, 2010, 01:23 PM
...we paid the final installment without orientation and were given a handover appointment there and then, orientation to be slotted in sometime ahead of handover.

I did the same and have gotten a handover appointment for 27 Jan. Emaar said that home orientation will be before this date. What are your dates?

Lets hope they handover by the above date.

jmilkhan
January 4th, 2010, 06:37 PM
Thanks for the information

Tasy
January 5th, 2010, 07:47 AM
If the DEWA is not connected and the civil defence certificate still outstanding I think I will wait before making the final payment till these are in place and they can actually start handover. By the way, has anyone that has paid in full received handover yet? or just probable handover dates?

christian875
January 5th, 2010, 09:32 AM
I'm telling you..EMAAR has no clue. I've been getting notices to settle final payment like everyone else here and called my bank to do so.

The bank (AMLAK) stated that they won't issue final payment until they have done an inspection with me on the unit and approve / grant acceptance..and rightfully so. But EMAAR won't schedule an inspection until they get final payment!

I called EMAAR about this and they actually are aware of the situation with the banks about this! They had no answer for me so they said they will call me back...wow..things here in Dubai never ceases to amaze me.

We'll see what happens....

klausen
January 5th, 2010, 10:03 AM
Lucky I did not buy that ticket to spend NYE in Dubai back in October... It will be very interesting to see if the new handover dates given to the paid appartments are real this time...

Bavarian
January 5th, 2010, 01:09 PM
I'm telling you..EMAAR has no clue. I've been getting notices to settle final payment like everyone else here and called my bank to do so.

The bank (AMLAK) stated that they won't issue final payment until they have done an inspection with me on the unit and approve / grant acceptance..and rightfully so. But EMAAR won't schedule an inspection until they get final payment!

I called EMAAR about this and they actually are aware of the situation with the banks about this! They had no answer for me so they said they will call me back...wow..things here in Dubai never ceases to amaze me.

We'll see what happens....

This was in the press yesterday by Emaar CEO on Burj Khalifa/Dubai ;

"Alabbar revealed for "Arabiya" that 90% of the tower have been sold, and that 85% of the amount owed has been paid by buyers to the company, noting that the amounts remaining on each buyer is no more than 20% of the value which will be paid upon delivery of the units"

The Internal memo version probably says ;

"Which will be paid upon arm twisting, manipulating, ignoring and threatning our valued customers with late delivery".

Also in the news, Arabtec CEO hopes to collect AED 2 Billion from developers in 2010 with late payments. (Good Luck Arabtec :lol:)

kskumar
January 5th, 2010, 04:32 PM
Met the site manager at PI. He is optimistic of getting Dewa connected by end of this week. Than CD approval will take abt 10days.
We just have to closely monitor these milestones.. on a daily basis..

kskumar
January 5th, 2010, 06:42 PM
This was in the press yesterday by Emaar CEO on Burj Khalifa/Dubai ;

"Alabbar revealed for "Arabiya" that 90% of the tower have been sold, and that 85% of the amount owed has been paid by buyers to the company, noting that the amounts remaining on each buyer is no more than 20% of the value which will be paid upon delivery of the units"

The Internal memo version probably says ;

"Which will be paid upon arm twisting, manipulating, ignoring and threatning our valued customers with late delivery".

Also in the news, Arabtec CEO hopes to collect AED 2 Billion from developers in 2010 with late payments. (Good Luck Arabtec :lol:)

Emaar has now earned a reputation for cheating the public.. .:bash:

Dubai_
January 5th, 2010, 09:22 PM
marina view is a MUST, preferably on higher floor
May i ask i question, why would you quote in your message when searching for a property "No real estate agents please"

The obvious answer would be you are trying to save a buck in agency fees..? Believe it or not, real estate agents have a purpose in the whole buying process. I have personally heard of 3 cases on the last 6 months of where someone just like you has tried to skip the middle man to save a buck and ended up losing hundreds of thousands of dollars.

One example would be an old friend of mine who seen an advert on the internet.. Sounded too good to be true so without further ado he places a deposit. No agent. He is going to save Aed.10,000 by going direct.. What he doesn’t know is that the person saying he is the owner of the property has taken the same deposit (Aed.300,000) from 10 different (Very foolish) keen buyers ready to find themselves that dubai bargain!! Before you know it the seller has left Dubai (after selling his property to one of the 10 buyers who gave the deposit) leaving the other 9 people minus Aed.300,000.. I can tell these stories all day..

Having an agent would avoid small things like this. Also here is a few more good reasons to choose an agent: Negotiation power, Receiving and holder a deposit, Writing the MOU, making sure the owner is the actual owner, guiding buyer and seller through the now very complicated sale procedure (Do you even know the procedure, the new procedure?) Accompanying buyer and seller at the land dept where the land dept will insist on a RERA reg card for transfer.. (Do you have a RERA Card?) The list goes on and on..
Take my advice, don’t be so quick to save a few thousand. Stick to a good registered broker who will guide and assist you through the whole process. Also apart from the above, the agents that i have dealt with have the prime properties at the best prices.. The REALISTIC prices!

Good luck!

Dubai_
January 5th, 2010, 09:26 PM
Cockatoo, grow-up :) A delay of 2 months in handover is Risk that some people like to mitigate.

No i took it during my MBA program at Columbia University.
"my MBA program at Columbia University" That's nothing too shout about my friend.. You can find more recognized universities online. I've been reading your posts. Your a bigger joke than Emaar! Get a life!

Finetune
January 6th, 2010, 07:35 AM
If anyone is booked to do orientation / snagging in the near future, can they try to look at the parking area, or find out how the spaces are allocated, and if the storage lockers that are mentioned in the sales spiel actually exist.

Omar 4321
January 6th, 2010, 09:56 AM
Hi guys,

Went to Emaar yesterday regarding handover.

They are still waiting on civil defense certificates etc so are unable to give a definite handover date, those that have been given a date to collect keys this is not definite and is likely to be changed.

Those that have done their orientation and have not paid the final payment, I have been advised that the sooner the final payment is made the quicker you will be handed over once dates are given.

With regards to service charge, Emaar have confirmed it will be 18.57 Aed /sqft

To arrange handover all dues must be paid, in my case the final payment and 3k Aed pre registration. Once Emaar have received this they will give me a date for handover on receipt of the civil defense docs.

Maintenance charges should be paid on the day of handover, payable in 4 installments (1st must clear to obtain key, following 3 in PDC)

Sure most of you know all the above already but some of you may find it useful.

Regards

Omar

P_I
January 6th, 2010, 10:35 AM
If anyone is booked to do orientation / snagging in the near future, can they try to look at the parking area, or find out how the spaces are allocated, and if the storage lockers that are mentioned in the sales spiel actually exist.

Home Orientation is booked in for Tuesday next week. I will let you know.

Bavarian
January 6th, 2010, 11:54 AM
If anyone is booked to do orientation / snagging in the near future, can they try to look at the parking area, or find out how the spaces are allocated, and if the storage lockers that are mentioned in the sales spiel actually exist.

Good questions! I will give you an update after my orientation visit scheduled in a couple of days. :)

Stephan23
January 7th, 2010, 05:41 PM
Is complete section ok? Imre?

Imre
January 8th, 2010, 05:10 PM
Looks done from outside , no idea about the DEWA connection, done?

paki979
January 8th, 2010, 05:17 PM
Looks done from outside , no idea about the DEWA connection, done?

not yet

Stephan23
January 8th, 2010, 08:21 PM
Than wait...

evien
January 9th, 2010, 07:31 PM
not yet
The DEWA is allready connected. The delivery will become within three weeks.

ThunderRoad
January 9th, 2010, 09:47 PM
Does anyone know what the area that is flattened to the left of the 4 towers, at the Grosvenor House end, is for / to become ??

Finetune
January 10th, 2010, 05:51 AM
Does anyone know what the area that is flattened to the left of the 4 towers, at the Grosvenor House end, is for / to become ??

See Page 9 of this forum, although now this site may not be developed for a long time, only hope that it is not a permanent parking area for the site buses.

kskumar
January 10th, 2010, 06:51 AM
The DEWA is allready connected. The delivery will become within three weeks.


Grt news indeed. Now Civil defense approval may take maximum of a week..and hope handover to commence before end Jan 2010 :nuts:

Sandancer Dave
January 10th, 2010, 10:49 AM
does this mean that the power/lights are on ?

Sandancer Dave
January 10th, 2010, 10:51 AM
does this mean that the power/lights are on ?

Celtic Warrior
January 10th, 2010, 10:53 AM
does this mean that the power/lights are on ?

"The lights are on but nobody's home!" Good description of Emaar! :lol:

ThunderRoad
January 10th, 2010, 04:12 PM
Right brace yourself people.......I have just driven past Park Island, and as at 6pm this evening the tower nearest The Grosvenor House has LIGHTS ON in majority of the floors !!!!!!

One down....threee to go !!!:banana:

kskumar
January 10th, 2010, 06:23 PM
Today late evening I got a call from Emaar stating that Bonair and Blakley Towers have been given DEWA connection. My Appt happens to bein Bonair and the person stated that the Orientation would be in the 3rd week Jan and the handover by early Feb.
They also hope to have the CD approval simultaneously.

italyindubai
January 11th, 2010, 12:24 AM
Today late evening I got a call from Emaar stating that Bonair and Blakley Towers have been given DEWA connection. My Appt happens to bein Bonair and the person stated that the Orientation would be in the 3rd week Jan and the handover by early Feb.
They also hope to have the CD approval simultaneously.

Well guys, that's great news. It means the owners of Fairfield and Sanibel should buy some 50 meters electrical wire so they can connect to the other buildings :lol:

enriquedubai2
January 11th, 2010, 09:07 AM
I just got a call from EMAAR further delaying the Handover of my unit in Sanibel from January 17th to Feb 8th. They mentioned that the DEWA is ready, I noticed last night that most of the lights are ON in Blakely, the rest of the towers were OFF, will check further tonight.

They're optimistic in receiving the Civil Defence Certificate very soon. The orientations will start again this week as per their comments.

For the people with orientation tours scheduled on the next days, can you please share some pictures from the facilities (pool, squash courts, gym, parking area etc), I'm curious to know if they're ready

P_I
January 11th, 2010, 09:20 AM
I just got a call from EMAAR further delaying the Handover of my unit in Sanibel from January 17th to Feb 8th. They mentioned that the DEWA is ready, I noticed last night that most of the lights are ON in Blakely, the rest of the towers were OFF, will check further tonight.

They're optimistic in receiving the Civil Defence Certificate very soon. The orientations will start again this week as per their comments.

For the people with orientation tours scheduled on the next days, can you please share some pictures from the facilities (pool, squash courts, gym, parking area etc), I'm curious to know if they're ready

I will be going tomorrow so will post some images following the home orientation. Emaar confirmed today that they are still waiting for DEWA to be connected to Fairfield.

Bavarian
January 11th, 2010, 02:55 PM
I just got a call from EMAAR further delaying the Handover of my unit in Sanibel from January 17th to Feb 8th. They mentioned that the DEWA is ready, I noticed last night that most of the lights are ON in Blakely, the rest of the towers were OFF, will check further tonight.

They're optimistic in receiving the Civil Defence Certificate very soon. The orientations will start again this week as per their comments.

For the people with orientation tours scheduled on the next days, can you please share some pictures from the facilities (pool, squash courts, gym, parking area etc), I'm curious to know if they're ready

Finished My Orientation today (This may answer some past questions) ;

- Landscaping will look great once complete.
- Grouting and woodwork needs lots of fixing. Way below Emaar's Stndrd.
- Another coating of paint is required and promissed by the Emaar's rep.
- Finetune - No Storage space is available. :ohno:
- Parking space will be allocated based on unit price & Handycap status.
- DEWA is connected as everyone is saying.
- DU connection will be done soon after the SD permit.
- Unit Marnia Views are spectacular (Far better than expected).
- Woodwork is dark (Boanire-01).
- Estimated Handover February-end.

Will post pictures as soon as i load them into the picture portal.

Bavarian
January 11th, 2010, 04:33 PM
http://i908.photobucket.com/albums/ac286/sawsaw777/DSC01409.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/DSC01411.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/DSC01412.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/DSC01413.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/DSC01414.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/DSC01415.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/DSC01415.jpg

Pascul
January 11th, 2010, 05:54 PM
Hi Bavarian,

Just a question , did you see broken windows ? I have heard that some of these were broken ..

carpetking
January 11th, 2010, 08:54 PM
Maybe DEWA light tests today in one Tower ?

http://i48.tinypic.com/sbj7ua.jpg

Bavarian
January 11th, 2010, 10:54 PM
Hi Bavarian,

Just a question , did you see broken windows ? I have heard that some of these were broken ..

Yep,, the livingroom balcony glass-door was broken.

Finetune
January 12th, 2010, 05:23 AM
Finished My Orientation today (This may answer some past questions) ;

- Landscaping will look great once complete.
- Grouting and woodwork needs lots of fixing. Way below Emaar's Stndrd.
- Another coating of paint is required and promissed by the Emaar's rep.
- Finetune - No Storage space is available. :ohno:
- Parking space will be allocated based on unit price & Handycap status.
- DEWA is connected as everyone is saying.
- DU connection will be done soon after the SD permit.
- Unit Marnia Views are spectacular (Far better than expected).
- Woodwork is dark (Boanire-01).
- Estimated Handover February-end.

Will post pictures as soon as i load them into the picture portal.

Thanks Bavarian, No storage lockers ! so now where can I keep my mother in law ?

Celtic Warrior
January 12th, 2010, 08:34 AM
I went to the Emaar offices this morning and spoke to the PHD (CG). They had an internal meeting this morning and were advised that Bonaire and Blakley were ready for Orientation visits. They will begin calling people to arrange appointments from today, starting on the bottom floors and working their way up. It is expected that orientations will be carried out over the next 2 weeks. The CD Certificate is due this week or next (at the latest). They will be advising customers that Handover (i.e. occupancy) will begin 15th Feb., although there is a likelihood this will be earlier (they are not telling people this so they can try to manage expectations). Emaar still have their own "snag list" inspectations of the common areas to carry out with the builder and Handover will not occur until this is complete. No mention of last payment (I won't be paying before Orientation, but will do so after Orientation and before Handover -- all as per contract).

enriquedubai2
January 12th, 2010, 12:06 PM
I just passed by the site now, they're doing the installation on the Park Island sign in both English and Arabic. Had a chat with the guys over there and DEWA is ready in a couple of the towers, it's expected to have by tomorrow or day after the rest.

Can somebody during the orientation take a look on the gym, squash courts and multipurpose rooms?

Tasy
January 12th, 2010, 12:12 PM
I went to the Emaar offices this morning and spoke to the PHD (CG). They had an internal meeting this morning and were advised that Bonaire and Blakley were ready for Orientation visits. They will begin calling people to arrange appointments from today, starting on the bottom floors and working their way up. It is expected that orientations will be carried out over the next 2 weeks. The CD Certificate is due this week or next (at the latest). They will be advising customers that Handover (i.e. occupancy) will begin 15th Feb., although there is a likelihood this will be earlier (they are not telling people this so they can try to manage expectations). Emaar still have their own "snag list" inspectations of the common areas to carry out with the builder and Handover will not occur until this is complete. No mention of last payment (I won't be paying before Orientation, but will do so after Orientation and before Handover -- all as per contract).

I agree with you, final payment to be made only after orientation as per contract.

Bavarian
January 12th, 2010, 04:42 PM
Thanks Bavarian, No storage lockers ! so now where can I keep my mother in law ?

:):)

docc
January 12th, 2010, 04:53 PM
^^ No shots of the apartment interiors? It'd be great if you could post those as well.

Bavarian
January 12th, 2010, 06:29 PM
^^ No shots of the apartment interiors? It'd be great if you could post those as well.

http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01395.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01394.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01379.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01375.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01372.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01365.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01354.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01352.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01350.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01345.jpg
http://i908.photobucket.com/albums/ac286/sawsaw777/paint/DSC01344.jpg

christian875
January 13th, 2010, 12:51 PM
EMAAR just called me and my orientation is to be scheduled at the end of this month with no mention of the issue of handing over the final payment prior to handover :cheers:

AppleMac
January 13th, 2010, 01:57 PM
Well we have a permanent sign - cant say I'm that impressed but in the great scheme of things it is a minor detail.

http://i97.photobucket.com/albums/l212/sids666/P1000296.jpg

http://i97.photobucket.com/albums/l212/sids666/P1000297.jpg

Finetune
January 13th, 2010, 02:39 PM
Great pictures guys, can anyone comment on the common areas as mentioned in the contract , gymnasium, squash court, children's play area etc.

christian875
January 13th, 2010, 08:11 PM
Thanks applemac for the pics but i definitely agree with you...the signs are a bit...underwhelming :ohno:

threeputt
January 14th, 2010, 05:55 AM
Hello Gents,

I have a 2 bed in Fairfield bought direct from Emaar at launch and now 90% paid. Haven't been contacted yet for orientation or handover, receiving instead only pressure to release final payment and thinly veiled threats if I do not.

It goes against the grain, and contravenes the contract terms, to do so without having had an opportunity to view the apartment first. However I have been a long time in Dubai and know that in a fight against Emaar I will be the only loser.

As I see the buildings from the outside they have produced more or less what the promised, what i haven't seen is the interiors.

So my question if any of you are able or kind enough to answer...has anyone had an orientation visit in Fairfield or Bonaire to a 2 bed and how did you find it? Was it the specified 1248 sqft, did it have the promised marina view, was it a luxury finish at the upper end of the Emaar scale, where all the appliances installed and of a good standard? Are you satisfied with what you are to receive?

Oh yes and is that swimming pool really as small as it seems from the Marina bridge? While the plan was for a large pool adaquate for the occupants of 400+ apartments what is there seems from afar more of a water feature/plunge pool. I hope it is just an issue of viewing perspective but any comments or information you have would be most appreciated.

threeputt

Barracuda
January 14th, 2010, 07:59 AM
I was in Fairfield yesterday and fairly disappointed, but it is still a good project. I'm sure you will receive the promised size and also the promised Marina view, so that's clear.

However the finishing is not as good as previous Emaar buildings. First of all the wood in the Hallways and the main door is dark and the inside is light wood. So looking towards the entrance from inside you will see a mix of light and dark wood, which is quite disturbing for an Emaar project. Also all the little corners around switches, lights and sideboards are not very neat.

As for the pool, it is quite a good size, but for the amount of units it is too little, that's for sure.

Dec21
January 14th, 2010, 08:02 AM
Can anyone post a picture from 05 unit in Blakely? I am really wondering if I can have a so called sea view from my unit.

Thanks

Dec21
January 14th, 2010, 08:07 AM
Can anyone advise me for the proper market value for sale & rent for 05 unit (onebed, 726 sqf, no balcony) in Blakely? (high floor)

Do you think after one or two years, the market situation will be improved ?

AppleMac
January 14th, 2010, 08:16 AM
Can anyone post a picture from 05 unit in Blakely? I am really wondering if I can have a so called sea view from my unit.

Thanks

Depends how high it is - if over about 12th floor then you get a good view out over the top of TGR's podium and the Meridien hotel.

However directly across the road they are building 2 new towers (KPM and Dream Tower) when/if they get built your view will be restricted.

Dec21
January 14th, 2010, 08:27 AM
Depends how high it is - if over about 12th floor then you get a good view out over the top of TGR's podium and the Meridien hotel.

However directly across the road they are building 2 new towers (KPM and Dream Tower) when/if they get built your view will be restricted.

Thank you, hope not completely block the view...

AppleMac
January 14th, 2010, 11:38 AM
Well you will always get a bit of sea view.

http://i97.photobucket.com/albums/l212/sids666/P1000299.jpg

paki979
January 14th, 2010, 06:38 PM
.........they are really taking it too long! :down:

Dec21
January 14th, 2010, 06:54 PM
Well you will always get a bit of sea view.

http://i97.photobucket.com/albums/l212/sids666/P1000299.jpg

Cheers ! :cheers:

Areadubai
January 16th, 2010, 11:48 AM
Hi,

PM me your email address and i will send you some good photos. Its a very nice project and im sure you will be happy with the finished product. Compared to another recent Emaar handover (names not mentioned) its VERY good.

Cheers!

Areadubai
January 16th, 2010, 11:55 AM
Can anyone advise me for the proper market value for sale & rent for 05 unit (onebed, 726 sqf, no balcony) in Blakely? (high floor)

Do you think after one or two years, the market situation will be improved ?
Todays Value: Aed.825k - Aed.900k (depending on time frame)

Will the market improve in the next 2 years? YES!

jmilkhan
January 16th, 2010, 04:55 PM
Hi,

PM me your email address and i will send you some good photos. Its a very nice project and im sure you will be happy with the finished product. Compared to another recent Emaar handover (names not mentioned) its VERY good.

Cheers!

Hi Areadubai
As a new member, I am very keen to have some good photos of Fairfield. Would appreciate if you or any other forum member could email me on jmilkhan@hotmail.com
Thanks

Tasy
January 17th, 2010, 11:53 AM
Can anyone offer me some assistance please. I have a friend who wants to rent my apartment directly from me. Where can I find a lease agreement as I am not a real estate agent. Is there a standard lease agreement? I am not sure how this works in Dubai.

Thanks

speedpete
January 17th, 2010, 12:02 PM
Hi everyone.

Has anyone had their home orientation completed in the Fairfield building? I'm on the 10th floor myself.

AppleMac
January 17th, 2010, 12:06 PM
Where can I find a lease agreement as I am not a real estate agent. Is there a standard lease agreement?

You can download a standard lease agreement from RERA (http://www.ejari.ae/rera/index.jsp)

Tasy
January 17th, 2010, 12:56 PM
You can download a standard lease agreement from RERA (http://www.ejari.ae/rera/index.jsp)

Thanks, much appreciated.

Dec21
January 17th, 2010, 02:52 PM
You can download a standard lease agreement from RERA (http://www.ejari.ae/rera/index.jsp)

Have some questions regarding direct deal:
1. I understand that direct buying & selling is not recommendable due to lack of security & complexity of process. (and maybe RERA will not accept register without registered agent no.)
2. Then what about rent? My agent told me that I need to contact him for rent renewal because only registered agent has the form. For renewal, the fee is AED 500.
3. If I can download the form from RERA site mentioned above (actually it doesn't include mandatory terms & conditions which normally we can see in the other type of form), then can I go with it for renewal ?
4. According to RERA, we need to register rent but I believe nobody is doing it at the moment. Does anyone have experience of registering rent to RERA ?

enriquedubai2
January 17th, 2010, 06:30 PM
just passed by the site tonight, I can see some lights on in all the 4 towers, it seems that DEWA got connected finally in all of them.

Any news about the civil defence certificate?

Guys, any pictures from the gym and facilities?

Bavarian
January 17th, 2010, 07:18 PM
just passed by the site tonight, I can see some lights on in all the 4 towers, it seems that DEWA got connected finally in all of them.

Any news about the civil defence certificate?

Guys, any pictures from the gym and facilities?

Asked to see it during orienation and was told the facilities were not ready for access/viewing.

Dubai_
January 17th, 2010, 07:51 PM
Have some questions regarding direct deal:
1. I understand that direct buying & selling is not recommendable due to lack of security & complexity of process. (and maybe RERA will not accept register without registered agent no.)
2. Then what about rent? My agent told me that I need to contact him for rent renewal because only registered agent has the form. For renewal, the fee is AED 500.
3. If I can download the form from RERA site mentioned above (actually it doesn't include mandatory terms & conditions which normally we can see in the other type of form), then can I go with it for renewal ?
4. According to RERA, we need to register rent but I believe nobody is doing it at the moment. Does anyone have experience of registering rent to RERA ?
Answer 1. = No question asked?

Answer 2. = You do not need an agent to renew the contract. Your agent is feeding you with the usual BS!

Answer 3. = No as this is just a sample and like everything else in RERA, nothing has actually been implemented yet. RERA is simply milking the real estate market by sending all brokers through the most embarrassing training ever and OVER 2 YEARS later they have still not implemented the things learnt in that training. The only one who benefits from this is RERA as they charge 2000 per person each year..

Answer 4. = You are correct, no one is registering with RERA as it is totally pointless (unless you want to pay RERA again a few thousand dirham’s per yr.. ) For What? Nothing! The whole of RERA is a complete joke.

Final thought:

Please go an read the "Standard RERA contract.." There are around 30 IMPORTANT clauses missing.. Where in the world would you use a contract that consists of 1 page for a rental agreement? What about bounced chqs? What about notice? What about damage to the property? What about property maintenance.....?? Many, many more..!

Do yourself a favor and stick to your Aed.500 agent.. that’s pretty cheap if you ask me.. i pay my agent Aed.2000/

Tasy
January 18th, 2010, 07:01 AM
I agree. It's easier to let an agent handle trentng out a property. Everything in Dubai is so complicated. Nothing is simple.

Tasy
January 18th, 2010, 07:02 AM
I agree. Let the agents handle renting out a property. Nothing is simple in this country.

Stephan23
January 18th, 2010, 12:00 PM
Done?

paki979
January 18th, 2010, 02:13 PM
any news? I can't get any info by emaar customer service...

Finetune
January 18th, 2010, 02:26 PM
Done?

Hey Stephan, get a life!

Bavarian
January 18th, 2010, 03:46 PM
Hey Stephan, get a life!

A new keyboard too ? :)

YOUSIF
January 19th, 2010, 03:35 AM
Please would love some pics of fairfield(specially lower floors facing marina).
How about rental value for a 1 bed(no balcony).
thanks

Dec21
January 19th, 2010, 08:07 AM
Yesterday received email from Emaar saying that handover appointment is on 25th of February.

paki979
January 20th, 2010, 09:35 AM
Yesterday received email from Emaar saying that handover appointment is on 25th of February.

did you had home orientation?

Emaar is still telling appointment for home orientation will be given only after the payment!!

evapau
January 21st, 2010, 12:42 PM
Hi All,

Thanks lots for all you info on this thread, feel considerably better than i did while i was just in contact with Emaar.

I am desperate to get moved in as my lease ran out last Dec so i have been in a hotel while waiting for the completion of this development.

I did have my handover booked for Jan 21st(today) ,but this has now moved to February 15th. Due to being desperate to move i paid the final payment in December and have already had 2 morgage payments on top of my hotel and storage fees so i do not advise that strategy!:ohno: I have been told i am on the priority list and as my apartment is Bonaire on the 2nd floor hopefully this will stand me in good stead!

Problem is still have not received my orientation date so was wondering if anyone had any more info on when the CD approval will be and the likely hood that the 15th Feb will be the final handover date!

Cheers all

jmilkhan
January 23rd, 2010, 10:19 PM
Hi All
Our representative had the orientation of our unit at Fairfield on 21 January and found a lot of defective work, missing items, incomplete work, un-cleaned and dirty floors, damaged windows and cupboards, broken/stripped tile, not water tank not oprational, etc,. etc. We have paid in full in December, which was a pre condition for orientation. The orientation staff was a new employee and had no background of such work. We believe that Emaar took the unit without even bothering to check the basic work durig constructin or at the time of completion. Emaar was in a hurry to advise the customers for attending orientation and for that it pressed for final settlement.

Post orientation snagging clearance will require a lot of efforts and time. One should be prepared to wait for months to have the work professionally completed. If some one is in a hurry, he may take over the units and then spend extra finance to rectify the defects to make it habitable.

Emaar will be charging interest from the date customers were asked to settle the final dues. Please check with emaar on this point in advance, or you will
be asked to pay it at the time of obtaining payment completion certificate, a condition for hand over.

Frankly, I was much disappointed with the inordinate delay in handing over of the unit and now with the quality of work as evidenced by the orientation experience.

Wake up and be prepared for the tough ordeal from now on ward.

JK

evapau
January 24th, 2010, 01:46 PM
Thanks JK,

Surely Emaar have to complete incomplete work between the time of teh orientation and the final handover date?

jsmith6
January 25th, 2010, 05:17 AM
Hi All,

Thanks lots for all you info on this thread, feel considerably better than i did while i was just in contact with Emaar.

I am desperate to get moved in as my lease ran out last Dec so i have been in a hotel while waiting for the completion of this development.

I did have my handover booked for Jan 21st(today) ,but this has now moved to February 15th. Due to being desperate to move i paid the final payment in December and have already had 2 morgage payments on top of my hotel and storage fees so i do not advise that strategy!:ohno: I have been told i am on the priority list and as my apartment is Bonaire on the 2nd floor hopefully this will stand me in good stead!

Problem is still have not received my orientation date so was wondering if anyone had any more info on when the CD approval will be and the likely hood that the 15th Feb will be the final handover date!

Cheers all

Did you ask Emaar to pay your hotel bills? That might get their attention, but probably not.

On the other hand, why don't you ask them if they can put you up in one of their furnished apartments somewhere in Dubai while you wait? It seems like you be a good month or two before you're into your place.

christian875
January 25th, 2010, 07:46 AM
Just spoke with EMAAR..my unit (05 unit at Bonaire, high floor) is not ready so my orientation will not be scheduled until after Feb 7th.

hourad
January 25th, 2010, 08:52 AM
Dears, I received bellow email from Emaar yesterday. :bash:

----------------------

Dear Mr. ...

Thank you for your email.

We would like to take this opportunity to thank you for your continued loyalty to Emaar and assure you of the highest standards of service at all times.
Please be advised that your unit has been placed on priority for snag rectification and we are constantly following up with our Projects team to ensure that this is done at the earliest.

The handover appointment given to you at the moment is 25th February 2010. Please note this is earliest appointment available with us at the moment. If in case we can accommodate you on any earlier dates, then we would surely be able to let you know on the same.

Should you require any further assistance, please do not hesitate to contact us on the below

Regards,

Property Handover Department
Emaar Properties PJSC

Dec21
January 25th, 2010, 10:16 AM
Hi All,

Thanks lots for all you info on this thread, feel considerably better than i did while i was just in contact with Emaar.

I am desperate to get moved in as my lease ran out last Dec so i have been in a hotel while waiting for the completion of this development.

I did have my handover booked for Jan 21st(today) ,but this has now moved to February 15th. Due to being desperate to move i paid the final payment in December and have already had 2 morgage payments on top of my hotel and storage fees so i do not advise that strategy!:ohno: I have been told i am on the priority list and as my apartment is Bonaire on the 2nd floor hopefully this will stand me in good stead!

Problem is still have not received my orientation date so was wondering if anyone had any more info on when the CD approval will be and the likely hood that the 15th Feb will be the final handover date!

Cheers all

Well, for the new home buyers... (I have one in South Ridge from Emaar and had gone through all this procedure & problems, even though two years back, it was not that messy..)

This snagging is not very important, I can say honestly, for anyone in desperate to move in asap. At least you can sleep in your apartment without paying extra cost (hotel, etc). (Of course you may face lots of problems during your stay in early stage but Emaar will provide 1 year free service for any defects)

And for your information, Emaar will give you a voucher for professional cleaning and pest control, so don't worry about current cleaning status.

So my advise to anyone in hurry for moving in, minimize snagging procedure or if possible, skip it (not sure if it's possible), and move in first. Then you will be able to arrange snagging with less tension.

Kindly don't blame me for any inconvenience will be caused but I think it's worth to consider it.

Today's lesson:
1. Emaar will provide 1 year free service for defects
2. Emaar will provide voucher for professional cleaning & pest control

Bavarian
January 25th, 2010, 10:22 AM
Hi Hourad,

When was your orientation.?

hourad
January 25th, 2010, 10:49 AM
Hi Hourad,

When was your orientation.?

Hi
Mid November 2009.

Bavarian
January 25th, 2010, 11:03 AM
Hi
Mid November 2009.

Thanks Hourad, So it looks like "snagin is dragin" for months, It's interesting, even in their memo , they say ;

"at the moment" for the handover date, this doesn't sound good :nuts:

evapau
January 25th, 2010, 07:04 PM
thanks all

Emaar won't provide any compensation and their legal department won't see you without a lawyer .....oooch

Still hopeful for my move in date on February 15th....but have a nasty feeling that will be delayed yet again.

Why don't Emaar just be honest and tell you the truth and provide a realistic move in date?

Anyone heard anything about the CD approval?

advlive
January 25th, 2010, 08:50 PM
The rate for Community Service Fees Dubai Marina Park Island has been determined as AED 18.57/sq. ft. (Service fees) based on the saleable area.

Omar 4321
January 26th, 2010, 12:57 AM
Well, for the new home buyers... (I have one in South Ridge from Emaar and had gone through all this procedure & problems, even though two years back, it was not that messy..)

This snagging is not very important, I can say honestly, for anyone in desperate to move in asap. At least you can sleep in your apartment without paying extra cost (hotel, etc). (Of course you may face lots of problems during your stay in early stage but Emaar will provide 1 year free service for any defects)

And for your information, Emaar will give you a voucher for professional cleaning and pest control, so don't worry about current cleaning status.

So my advise to anyone in hurry for moving in, minimize snagging procedure or if possible, skip it (not sure if it's possible), and move in first. Then you will be able to arrange snagging with less tension.

Kindly don't blame me for any inconvenience will be caused but I think it's worth to consider it.

Today's lesson:
1. Emaar will provide 1 year free service for defects
2. Emaar will provide voucher for professional cleaning & pest control

Very true on all points although I wouldnt advise skipping snagging on this case as some of it is that bad you would not want to/be able to move in without completing this.

All four towers were lit up this evening and looking good, its almost there which is more than can be said for a lot of developments.

Beginning of the end....almost there guys.

evapau
January 26th, 2010, 02:55 PM
Thanks Advlive

Seems a bit expensive as my friends have a 5 bedroom Emaar Villa at Farooz in the Marina and only pay AED 42,000pa although not sure on exact size must must be approx 3500 sq ft which would equate to about 12AED?

Are fees charged upfront ? if so as soon as you move in or when ever Emaar complete teh entire project?