Any news on MD 7 or the others? Are they on hold?

http://www.thenational.ae/deployedfiles//Assets/Richmedia/Image/SaxoPress/AD20101230654669-UAE%20-%20Dubai%20-%20D.jpg
Diamond 2 tower at Dubai Marina area. Jaime Puebla / The National

Bradley Hope and Kevin Brass | Last Updated: Dec 30, 2010

Residents of a Dubai Marina tower have been told that the power will be cut off to the common areas and lifts unless a Dh316,000 (US$86,029) electricity bill is paid.

Thousands of residents in Dubai complexes are facing a similar scenario wheremaintenance fees have not been paid and cash-strapped developers are reluctant to make up the shortfall. It comes as the new strata law, giving owners the right to oversee the running of their buildings, comes into effect. "It's terrible," said Rob Richards, 38, from New Zealand, who rents an apartment on the 15th floor of the Marina Diamond II. "We don't know what to do."

http://www.thenational.ae/business/property/dubai-residents-face-power-cut-off-over-unpaid-bill

^^This is a sad inditement of a multicultural society. Some cultures don't respect their "foreign" neighbours and think they are not liable for their share if they don't use the building personaly. Some stick their heads in the sand while others think if they avoid paying eventually the bills will go away or they can negotiate to pay less.

Until the authorities make it easier for building managers to seize property and sell to pay off over due accounts, this will not go away.

^^This is a sad inditement of a multicultural society. Some cultures don't respect their "foreign" neighbours and think they are not liable for their share if they don't use the building personaly. Some stick their heads in the sand while others think if they avoid paying eventually the bills will go away or they can negotiate to pay less.

Until the authorities make it easier for building managers to seize property and sell to pay off over due accounts, this will not go away.

I agree, its a bloody disgrace. However it just shows you what people can be capable of when there aren't any controls in place, there aren't many that will 'pay there way' because quite simply its the right thing to do, but will use any excuse not to , and if they believe they can get away with it, they will continue .
The Dubai Authorites need to get a rocket up there arse and get things sorted,from where im sitting more and more of Dubai is going pear shaped all the time...........

I agree, its a bloody disgrace. However it just shows you what people can be capable of when there aren't any controls in place, there aren't many that will 'pay there way' because quite simply its the right thing to do, but will use any excuse not to , and if they believe they can get away with it, they will continue .
The Dubai Authorites need to get a rocket up there arse and get things sorted,from where im sitting more and more of Dubai is going pear shaped all the time...........

Probably should be same treatment as cheques lock em up until paid ?

Probably should be same treatment as cheques lock em up until paid ?
^^You can't lock them up, most of the landlords are outside the country. The only way would be repossession, but with prices of property tumbeling and oversupply it still would be hard to recover any cash. It is a tricky one and all investors should be concerned as this seems not to be an isolated case.

They should work more closely with DEWA, and as soon as the maintenance fees arent paid for one month the electricity and water supply should be turned off to the apartment in question. The owner will then have a very angry tenant, so the owner will either pay and cough up or the tenant moves out. Rent cheques should be paid a month in advance,(so tenant can make quick exit if owner doesn't cough) and if the owner doesn't keep his side of the bargain and pay maintenance , DEWA are called to disconnect. Tenant moves out. Owner is forced to pay maintenance in order to get the power and water turned on again, so he can relet the flat.SIMPLES!

Does anyone know who is the new maintenance company for MD6 or the contact or email to the HOA?