View Full Version : #PROJECT: Jumeriah Village Villas
bizzybonita September 8th, 2008, 11:52 PM Part of the distinctive Jumeirah Family of Brands and set amid luscious landscaping and unsurpassed leisure and lifestyle amenities, Jumeirah Village encompasses more than 2,000 two-bedroom villas and one- and two-bedroom townhouses and will include an exceptional array of amenities and services - all providing peace of mind and a real sense of community.
Variety is what Jumeirah Village is all about, from outdoor and indoor activities to expansive, convenient shopping. This philosophy also extends to the types of homes available. Residents can choose from a selection of distinctive villas and spacious apartments of diverse sizes and locations, to the Mediterranean or Arabic-themed style of architecture with balconies to enjoy the lush landscaping and scenery.
Gateway Village
Diverse retail and restaurants offer a warm greeting for residents and visitors.
Serentity Village
Open green areas inspire tranquility.
Waterscape Village
A scenic waterfront features sparkling water views.
Marina Village
A vibrant maritime centre offers an ideal location for water sports.
Lake Village
Calm water and soothing surroundings is perfect for families.
Garden Village
Native desert plants create a peaceful, picturesque environment .
Wadi Village
Winding paths and water features for active lifestyles .
Source http://www.jumeirahvillage.ae
kano September 10th, 2008, 04:13 PM Are these new villas ?
bizzybonita September 10th, 2008, 06:01 PM nope .
Olivio October 16th, 2008, 03:14 PM Hi,
Has anybody taken any photos of the Jumeirah Village Triangle area?
They are supposed to hand over by Dec 08, seems they are delayed by at least 3-6 months?
hamed_r_i November 11th, 2008, 01:30 PM Updated pictues of Jumeirah Village
hamed_r_i November 11th, 2008, 01:41 PM JUMEIRAH VILLAGE TRIANGLE UPDATED PICTURES
http://img143.imageshack.us/img143/3112/img0076ry8.jpg (http://imageshack.us)
http://img519.imageshack.us/img519/7500/img0080xw1.jpg (http://imageshack.us)
http://img49.imageshack.us/img49/816/img0108pf2.jpg (http://imageshack.us)
AND, THE GOOD NEWS.......:
http://img152.imageshack.us/img152/7603/handoverletterrkg2.jpg (http://imageshack.us)
http://img152.imageshack.us/img152/handoverletterrkg2.jpg/1/w565.png (http://g.imageshack.us/img152/handoverletterrkg2.jpg/1/)
IF ANYONE IS INTERESTED, PM ME, WE HAVE MANY VILLAS
:banana::banana::banana::banana:
bizzybonita November 12th, 2008, 02:20 PM Good news indeed :) Thanks for sharing nice pictures .
hamed_r_i November 13th, 2008, 08:10 AM here is some more
Townhouse
http://img407.imageshack.us/img407/3924/sg325wy7.jpg (http://imageshack.us)
http://img392.imageshack.us/img392/1689/sg318kb9.jpg (http://imageshack.us)
Med Villa
http://img147.imageshack.us/img147/2108/14032008008hj3.jpg (http://imageshack.us)
Arabic Villa
http://img359.imageshack.us/img359/2817/dsc00777jm5.jpg (http://imageshack.us)
^^available at 1,000 Dh per sqft ONLY^^
.
.
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porshe911 November 13th, 2008, 07:35 PM how much the price for this villa?
Wannaberich November 13th, 2008, 09:32 PM Wow,great pics.So JV isnt such a dead loss after all !(well maybe)
How the hell can a completed villa be 1000psf?!
hamed_r_i November 15th, 2008, 08:08 AM I have some investors that have huge payments for other properties and are selling at these prices(AED 2,690,000 all inclusive!!!!!!).
But you are completely right, it is cheap! Maybe the safest investment at the moment, If Interested, pm me
Correct me if I am wrong, but I think this will at least reach 3.8 to 4 mill in completion
bizzybonita November 16th, 2008, 03:54 PM http://www.jumeirahvillage.com/images/img-about-image05-big.jpg
http://www.jumeirahvillage.com/images/img-about-image07-big.jpg
http://www.jumeirahvillage.com/images/img-about-image02-big.jpg
http://www.jumeirahvillage.com/images/img-about-image09-big.jpg
http://www.jumeirahvillage.com/jumeirah-village.php
The-King November 16th, 2008, 07:35 PM incredibly fantastic photos bizzybonita!!
:banana:for me it looks like Jumeirah Village Triangle is nearly finished in parts:banana:
A.U.S. arch. Student November 16th, 2008, 08:41 PM well it looks like jv villas have more than the usual garden space compared to other developments in dubai, now lets see some green!
notanagent November 18th, 2008, 04:22 PM I have some investors that have huge payments for other properties and are selling at these prices(AED 2,690,000 all inclusive!!!!!!).
But you are completely right, it is cheap! Maybe the safest investment at the moment, If Interested, pm me
Correct me if I am wrong, but I think this will at least reach 3.8 to 4 mill in completion
You are dreaming, these times are over.
The highest price the 1BR Townhouses reached was 2mill. AED around 3 weeks ago.
Last week they were 1.840 mill AED
3 days ago 1.700 mill. AED
....and today I saw one listed for 1.500 mill. AED (check out Bayut.com and select JVT).
That's a 354k drop within a few days. Price is going down as fast as it went up.
...banks don't give money and investors with money are watching from the sidelines.
Watch what the guys are going to do who get cold feet and want to get out.
To be realistic, even if they go down to 1mill AED, that's 215.000 Euro for a 1 Bedroom in the desert. That's far more than enough....
sophia6396 November 26th, 2008, 09:15 AM Wow some great pics guys, i think JV Villa's are a much better investment in the long run than the Springs! hope the completion is soon though!:)
notanagent November 26th, 2008, 03:40 PM You are dreaming, these times are over.
The highest price the 1BR Townhouses reached was 2mill. AED around 3 weeks ago.
Last week they were 1.840 mill AED
3 days ago 1.700 mill. AED
....and today I saw one listed for 1.500 mill. AED (check out Bayut.com and select JVT).
That's a 354k drop within a few days. Price is going down as fast as it went up.
...banks don't give money and investors with money are watching from the sidelines.
Watch what the guys are going to do who get cold feet and want to get out.
To be realistic, even if they go down to 1mill AED, that's 215.000 Euro for a 1 Bedroom in the desert. That's far more than enough....
Update: Now 1BR goes for 1.4mill AED
Minus 10% which the seller still has to pay to Nakheel from his premium ... makes it 1.36mill. AED. for the buyer.
Nice, already 640k AED down in 2 month from 2mill.AED...the real value seems to come true.
http://http://www.gnads4u.com/search.html?t=properties&keywords=triangle
camelrider December 18th, 2008, 12:58 PM any news about the completion of the JVT Independent Villas?
It's all crap what Nakheel has sent us, with Transfer of Villas commencing in DECEMBER 2008!
Perhaps, was there a mis-type?? they meant 2009 instead of 2008?:bash:
I have physically seen my own villa under construction, which was SUPPOSED to be completed by DEC 2008.. It aint gonna be ready in at least 5months from NOW!!:bash:
Any COMPENSATION...???? This term is UNHEARD of here in UAE!!:bash::bash:
hamed_r_i December 20th, 2008, 09:39 AM Phase 1 is really being handed over, I had to cross out villa no., customer no,……...privacy issues.
http://img67.imageshack.us/img67/8508/handover1yo3.jpg (http://imageshack.us)
http://img214.imageshack.us/img214/2489/handover2tp1.jpg (http://imageshack.us)
hamed_r_i December 21st, 2008, 01:31 PM any news about the completion of the JVT Independent Villas?
It's all crap what Nakheel has sent us, with Transfer of Villas commencing in DECEMBER 2008!
Perhaps, was there a mis-type?? they meant 2009 instead of 2008?:bash:
I have physically seen my own villa under construction, which was SUPPOSED to be completed by DEC 2008.. It aint gonna be ready in at least 5months from NOW!!:bash:
Any COMPENSATION...???? This term is UNHEARD of here in UAE!!:bash::bash:
I have no idea where your villa is located but have a look at District 2: LAST PIC IS DISTRICT 7
All of the triangle will be ready by June 2009, its being done in phases.
and yes we have more villas available if anyone is interested.
I honestly think they have done a great job
(PICS TAKEN TODAY)
http://img187.imageshack.us/img187/742/img5115xs0.jpg (http://imageshack.us)
http://img176.imageshack.us/img176/5744/img5112hu0.jpg (http://imageshack.us)
http://img176.imageshack.us/img176/3543/img5152wc3.jpg (http://imageshack.us)
baba toto December 21st, 2008, 05:35 PM Great Pictures!!:cheers:
Do you have any more pictures of JV Triangle?
hamed_r_i December 22nd, 2008, 11:09 AM I'll be going to the sight again to get more pics soon .
baba toto December 22nd, 2008, 12:20 PM :cheers: Maybe you can take some pictures for the JV Triangle area in general....To get an overall view of the area....
Nachkebia December 23rd, 2008, 09:33 AM Very nice! alot of road work going on this region, all the way through huge jebel ali roundabout to emirates to al khail roundabout, even until springs and barsha cross.....
Nachkebia December 23rd, 2008, 09:49 AM Dh1.29b project in Dubai will create new traffic corridor, says RTA
http://www.gulfnews.com/images/08/07/19/20_nt_alkhail_road1_5.gif
Dubai: Al Khail Road - a major road parallel to Shaikh Zayed Road, will be turned into a six-lane highway to cope with increasing traffic congestion, said a senior official.
His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has approved Dh1.29 billion contracts for Phase 2 and 3 of the Al Khail Road Upgrading Project being undertaken by the Dubai Roads and Transport Authority (RTA).
The project includes widening and upgrading the 15km-long Al Khail Road between the junction of Muscat Road up to the junction of Emirates Road.
The existing road will be widened from four to six lanes, and the existing four roundabouts on the road will be transformed into interchanges.
The project also includes an extension of the Al Khail Road for nine kilometres providing a link between the Emirates Road interchange and the Dubai Bypass Road to serve new communities.
Al Khail Road is a key road parallel to Shaikh Zayed Road and Emirates Road. It starts from the Bu Khadra Interchange (Interchange of Oud Metha-Al Khor roads) and terminates at Emirates Road. Its expansion will help ease traffic on Shaikh Zayed Road and will provide an alternative route for motorists.
"The project aims to create a new traffic corridor to support Shaikh Zayed Road and Emirates Road," said Mattar Al Tayer, Chairman of the Board and Executive Director of the RTA.
The RTA is also upgrading the Parallel Roads Project and Dubai Bypass Road; which serve residential projects under construction such as Jumeirah Village South, Dubai Land, Dubai Sports City and the International Media Production Zone.
"It has been divided into six phases. Three of them have been completed and one is underway, pushing the value of contracts so far awarded under the project to more than Dh1.8 billion.
"Phase II of the project, which has been awarded to the Gunal Construction Company at a cost of Dh851.9 million includes construction of two multi-level interchanges to replace the existing two roundabouts at the intersection of Al Khail Road with Road 319 and Road 323 at Al Qouz residential and industrial areas.
Traffic jams
Phase III of the project has been awarded to the Ascon Road Contracting Co at a cost of Dh438.2 million. It covers upgrading the road from Al Khail-Umm Suqueim interchange to the Emirates Road.
It includes widening the existing road, constructing a bridge at the intersection of Road 331, and a new bridge for Jumeirah Village South.
An interchange at the junction of Al Khail Road and Emirates Road will be constructed to ease traffic jams.
Original post - http://www.skyscrapercity.com/showpost.php?p=22875714&postcount=1717
baba toto December 29th, 2008, 12:34 PM Has anyone received handover of their villa?
DUBAI INVESTOR January 1st, 2009, 05:54 PM Nakheel called me and said handover next week. Looks like a 4 wheel job getting to the villa as the infrastructure not fully completed. Maintenance fee AED12K/year. Quite reasonable I think but not as good as Emaar's the Springs across the power cables where a similar size villa is at AED7K/year. My villa is arabic type at the southern end of the triangle facing the power cables.
Had an offer at AED3.3MIL in Sept 08 and now lucky to get AED2.1MIL which is pretty much original price. Just curious, did anyone out there buy these villas at AED1.4MIL from Nakheel at launch ? Rumour floating around....I bought at AED1.9MIL from Nakheel...
sophia6396 January 4th, 2009, 11:12 AM Hamed i think i bought mine off you!! i just rang them and they told me it would be June 09 i am hoping it will be earlier, i bought mine for 3 mil, will the value go up again once the handover has taken place? mine is the meditteranean independant villa, just worried about the whole thing..
DUBAI INVESTOR January 7th, 2009, 02:44 PM Oh, ok, more info on my above post...these villas were launched by Nakheel at AED1.4 mil but, unless you were quick or had inside info, you ended up on secondary market like me...I bought thru Tamweel thinking I was buying at Nakheel original prices but it turns my villa was one that Tamweel had bought themselves and then subsequently flipped to me at AED500K profit ...my villa ready...it looked pretty good I must say...Now, to sell or rent...decisions, decisions..
rexdmx January 7th, 2009, 07:38 PM villas are almost ready anyway which is splendid. the prices have gone down.
2 br are now at Aed 1.9mil upwards
EKN January 11th, 2009, 11:48 AM Hello,
Does anyone know what was the original price of 2BR townhouse? Is there somewhere inside photos available from JVT townhouses or villas? I am seriously considering to buy townhouse once I will find person who will sell it with good price << 2 mil AED.
Cheers
Juha
hamed_r_i January 11th, 2009, 12:15 PM Hi i have a unit below 2 mil AED and far from the cables. PM me if interested.
Regards, Hamed
rexdmx January 11th, 2009, 07:45 PM Hello,
Does anyone know what was the original price of 2BR townhouse? Is there somewhere inside photos available from JVT townhouses or villas? I am seriously considering to buy townhouse once I will find person who will sell it with good price << 2 mil AED.
Cheers
Juha
why buy a townhouse when u can get a villa for less than 2 mil :dunno:
hamed_r_i January 11th, 2009, 10:04 PM townhouse has a bigger builtup area 2992 sqft, villa is 2692sqft. The floor plan is also much nicer, and for some people 1000 sqt garden is more than enough. But again many people prefer an independant villa
baba toto January 17th, 2009, 11:10 PM I'll be going to the sight again to get more pics soon .
Well - Did you?
sophia6396 January 18th, 2009, 09:06 AM How do you get into the site, they wouldnt let us in, anybody know how to get a pass!
EKN January 19th, 2009, 11:47 AM I have been there twice. The first time I just drove in boldly without asking anything. Second time they stopped me and they were not allowing woman (my wife) to enter contraction area. So it seems to depends who is working next to entrance. You should be able to access Limitless office which is inside JVT and then drive around. Mainly district 2 is best place to see ready buildings (doors might be locked) since there is no contstruction going on anymore.
Cheers
Juha
sophia6396 January 20th, 2009, 10:12 AM Thanks Juha i will try that, they now have a residents entrance in place and the guy at the gate wants to know which villa your visiting (must be one that is handed over) if any agents out there can give me an address (handed over) i can pass to security i will be obliged!!
camelrider January 24th, 2009, 12:21 AM does anybody have some real info when the Mediterranean Villas in 'I' section, I'm not sure if it is also called Phase 3, will be complete?
I been there, on-site havin a look, & all I could see was a 'skeleton-form villa'...in the shape of Concrete Pillars & Concrete Ceilings ONLY!!
I bet it won;t be ready till after summer!:bash:
baba toto January 28th, 2009, 10:40 AM Has anybody actually moved into a villa? Or rented one out?
hamed_r_i January 29th, 2009, 04:08 PM website is up----lots of info
:banana::banana::banana:
http://www.jumeirahvillage.com/
notanagent February 9th, 2009, 06:32 PM website is up----lots of info
:banana::banana::banana:
http://www.jumeirahvillage.com/
You still seem quite happy for a guy who wanted to sell the 2BR villas for 3.8mill back in November ;-)
hamed_r_i February 9th, 2009, 09:00 PM You still seem quite happy for a guy who wanted to sell the 2BR villas for 3.8mill back in November ;-)
still happy man, look at the bright side, its getting ready and handed over. I know we'll never see the day of 3.8 , but at least you will own an actual villa and not a piece of paper . being negative will not help the market :cheers1:
bizzybonita February 10th, 2009, 12:30 AM You still seem quite happy for a guy who wanted to sell the 2BR villas for 3.8mill back in November ;-)
C/ U ( video )
http://www.jumeirahvillage.com/#fLytHroughvIdeo
:banana::banana:
dbxdude February 10th, 2009, 10:06 PM I have some investors that have huge payments for other properties and are selling at these prices(AED 2,690,000 all inclusive!!!!!!).
But you are completely right, it is cheap! Maybe the safest investment at the moment, If Interested, pm me
Correct me if I am wrong, but I think this will at least reach 3.8 to 4 mill in completion
:lol::lol::lol::lol::lol::lol:
1.2 - 1.6
dbxdude February 10th, 2009, 10:07 PM On the bright side you can get a NOC letter from nakheel and add 60% more BUA and thus end up with a villa the size of J ISland ones, right next door for 2.8m
1.7-8 for the villa, another mill extending.
Best deal in Dubai
Cayman February 11th, 2009, 09:29 PM ^^
This is a good idea. How sure are you of obtaining the NOC for such a large scale change?
camelrider February 15th, 2009, 09:47 PM On the bright side you can get a NOC letter from nakheel and add 60% more BUA and thus end up with a villa the size of J ISland ones, right next door for 2.8m
1.7-8 for the villa, another mill extending.
Best deal in Dubai
hei mate,
excuse me, but what have you been smoking or drinking when you wrote this?
Do you REALLY THINK one can add 60% BUA??
I have been in contact with Nakheel, & all I got is CRAP , CRAP & CRAP replies....in other words BULLSH!T......
This is the bull I got from them, apart from the other questions & enquiries ,which I asked & they chose to ignore!;
"Nakheel understands your needs and those of many of your fellow future Jumeirah Village community members in preparing a Code to assist in the Villa Modification process. It is expected that this Code will be released mid year well before your Villa is handed over. It is anticipated that the Code will provide detailed plans which will enable a very streamlined process for building modifications. In order to guide you as to the likely permitted modifications in the future, you are welcome to submit a concept plan of the changes you are proposing for preliminary feedback.
The Code will be made available to residents via the Community Portal and will also be provided to residents at the time of handover. I would encourage you to review the Community Portal towards the middle of this year, (http://communities.nakheel.com) for updates in relation to this matter."
If you are sure on what you have posted, let us know, please!!!
Crystalmaze February 18th, 2009, 03:02 PM Hi
I am new to this thread. I own 2 villas in JVT which I bought in Nov 07 at 2.4 Million each. Recently I visited the villas which have been handed over and are being offered at rent. These handed over villas seem to be on TEMPORARY POWER. I saw a lot of cables going under wooden raised platform in front of all the villas in two sets of row. Does anybody have any idea that these villas have actual DEWA supply as I also saw lot of silent gensets running next to villas and there is no construction site nearby to these handed villas.
Second set of query :-
The possession letter posted in this thread mentions various charges which are nowhere in the Nakheel contract that I have. In fact these are the first time I ever saw or realised these extras ????
1) Admin Fund -- what is this and how much ??
2) Annual Expenditure Fund - for ongoing maintenance and capital expenditure ?? how much
3) Sinking Fund/ Capital Reseve fund - major mtn ???? again how much
4) In addition the service charges which are at about AED 12 K for a 2 BR
5) Title Deed/Land regis fee etc
The above makes me worried in current climate.
Pls let us know if anyone has some info
Thx
Crystalmaze February 18th, 2009, 03:05 PM [[I]"Nakheel understands your needs and those of many of your fellow future Jumeirah Village community members in preparing a Code to assist in the Villa Modification process. It is expected that this Code will be released mid year well before your Villa is handed over. It is anticipated that the Code will provide detailed plans which will enable a very streamlined process for building modifications. In order to guide you as to the likely permitted modifications in the future, you are welcome to submit a concept plan of the changes you are proposing for preliminary feedback.
The Code will be made available to residents via the Community Portal and will also be provided to residents at the time of handover. I would encourage you to review the Community Portal towards the middle of this year, (http://communities.nakheel.com) for updates in relation to this matter."[/I
--------------------------------------------------------------------------
Hi
Again here I am being told by agents that various villa owners who have yet to get the possession have got the PRICIPAL APPROVAL for modifications and large scale additions of 2 rooms in these villas. From above post it looks false.
Any comments
Ciao
Crystalmaze February 18th, 2009, 03:06 PM On the bright side you can get a NOC letter from nakheel and add 60% more BUA and thus end up with a villa the size of J ISland ones, right next door for 2.8m
1.7-8 for the villa, another mill extending.
Best deal in Dubai
Hi dxbdude
Have you seen any such approval letter or all this is air air and air.................
ciao
dbxdude February 18th, 2009, 03:57 PM Customer service told me when i enquired about buying 1. They are selling them at OP now at Nakheel. 2.1m i think for the 2 bed.
camelrider February 18th, 2009, 08:52 PM [[I]"Nakheel understands your needs and those of many of your fellow future Jumeirah Village community members in preparing a Code to assist in the Villa Modification process. It is expected that this Code will be released mid year well before your Villa is handed over. It is anticipated that the Code will provide detailed plans which will enable a very streamlined process for building modifications. In order to guide you as to the likely permitted modifications in the future, you are welcome to submit a concept plan of the changes you are proposing for preliminary feedback.
The Code will be made available to residents via the Community Portal and will also be provided to residents at the time of handover. I would encourage you to review the Community Portal towards the middle of this year, (http://communities.nakheel.com) for updates in relation to this matter."[/I
--------------------------------------------------------------------------
Hi
Again here I am being told by agents that various villa owners who have yet to get the possession have got the PRICIPAL APPROVAL for modifications and large scale additions of 2 rooms in these villas. From above post it looks false.
Any comments
Ciao
guys,
besides what I posted previously, the only bla bla bla I got when visiting ON-SITE, IF there will be any approval, for external modification in building (which Nakheel are ONLY VERBALLY Stating this = which in other words VERBALLY MEANS NOTHING!) that probably one could be given approval to build up 2 rooms, & these could probably be built on the rear side of the Villa, so as not to spoil the facade or fron part of the Villa!
So AGAIN, if anyone has further PROOF of what has been stated by dbxdude, then kindly let us know!
Thanks!
camelrider February 18th, 2009, 08:54 PM Customer service told me when i enquired about buying 1. They are selling them at OP now at Nakheel. 2.1m i think for the 2 bed.
ORIGINAL SELLING Price by Nakheel was between 1.4M - 1.5M
Crystalmaze February 19th, 2009, 07:05 AM guys,
besides what I posted previously, the only bla bla bla I got when visiting ON-SITE, IF there will be any approval, for external modification in building (which Nakheel are ONLY VERBALLY Stating this = which in other words VERBALLY MEANS NOTHING!) that probably one could be given approval to build up 2 rooms, & these could probably be built on the rear side of the Villa, so as not to spoil the facade or fron part of the Villa!
So AGAIN, if anyone has further PROOF of what has been stated by dbxdude, then kindly let us know!
Thanks!
Hi Camelrider
I also have a feeling that IF ( a big IF ) the extensions are allowed they would be at the back of villas.
Does anyone out here know what kind of modifications has Nakheel allowed in its other Villa projects. All said and done the guidelines when they appear in the middle of year ( which year 2010/2011 ??) community portal will reflect past history of Nakheel allowing such changes in its villas.
My knowledge says in villas in PALM - a big NO for any kind of change , which is understandable.
Again I am told that major changes have been done in internal structures in Jum Islands where a few houses have a lot of walls removed etc.
Does anyone has idea about such extensions by EMAAR as that can also serve as a guideline for Nakheel.
Any information on Nakheel past policy/experience will be welcome.
DUBAI INVESTOR February 20th, 2009, 07:38 AM Had my 2 bed villa handed over, rented out for AED150K ( would like to sell but market price way below what I bought it for ), great finish and loving the fact that Nakheel picking up the bill for water/electricity until DEWA all hooked up....
dwell February 21st, 2009, 06:36 AM Had my 2 bed villa handed over, rented out for AED150K ( would like to sell but market price way below what I bought it for ), great finish and loving the fact that Nakheel picking up the bill for water/electricity until DEWA all hooked up....
Hi Dubai Investor, Can i ask how many cheques did you offer the tenant for 150k...you are in phase i presume which is the only ready phase
dwell February 21st, 2009, 06:39 AM Customer service told me when i enquired about buying 1. They are selling them at OP now at Nakheel. 2.1m i think for the 2 bed.
Hey man, R u sure Nakheel is still selling...which phase? Who shall i speak to? Appreciate your inputs.
CreditCrunched February 23rd, 2009, 10:52 AM Had my 2 bed villa handed over, rented out for AED150K ( would like to sell but market price way below what I bought it for ), great finish and loving the fact that Nakheel picking up the bill for water/electricity until DEWA all hooked up....
Hi Dubai Investor.
Was it a problem to have your Villa rented out for 150k.How long is it since you took hand over?
Did you furnish it or add a pool?
Thanks
nicky1980 February 24th, 2009, 03:15 PM I have a 2 bed townhouse in JV circle district 12. was supposed to ready in dec 2008 but is obviously delayed..Nakheel says it will be ready by dec 2009 but i am not so sure..Does anyone have any info on the townhouses in the circle district 12? Also, since there is a lot of construction going on there in the circle, will i be able to live there once my townhouse is ready? Does any one have picture of the 2 bed townhouse including the rooms and the garden area. i wish i had bought in the triangle but then as per the plot map ,my townhouse is to face a park..Are they handing over properties with the landscaping and parks and amenities all done ?? Also, if i want to rent it out, how much can i expect ?? Will i be able to get more than the villa since the townhouse built up is more ??Any info is appreciated ...
camelrider February 25th, 2009, 09:04 AM Hi Dubai Investor.
Was it a problem to have your Villa rented out for 150k.How long is it since you took hand over?
Did you furnish it or add a pool?
Thanks
Presently, Nakheel are not authorising landlords to build their own private pool, in THEIR OWN PRIVATE PLOT!!
This whole place UAE is just a MESS!!:bash:
baba toto March 1st, 2009, 11:08 AM Has Nakheel done any landscaping yet? Any greenery to be seen yet?
DUBAI INVESTOR March 3rd, 2009, 06:43 PM My villa was one of the first to be handed over...arabic style...4 checks..rented quickly...maybe I was lucky...the AED150K is way below what I pay in mortgage though...I bought for AED1.9 from Tamweel who had picked up a bunch of villas and offered 95 % mortgage, waaaay back when.
Original price Tamweel paid Nakheel was AED1.4 mil per the Nakheel PSA ( contract ). Even if Nakheel had more JVT villas for sale, why would you buy from them when you can pick much cheaper distress villas/sales in secondary market. I predict purchase prices will fall below AED1.0 mil in secondary market and you will be lucky to get anything above 100K rent as summer approaching....free water and electrics, why would you care if they have unsightly temporary cables running the garage ???
They wont alow you to install pools currently as they dont want private contractors running around an already congested project site, guessing same reason there is no general landscaping yet....
CreditCrunched March 3rd, 2009, 09:59 PM My villa was one of the first to be handed over...arabic style...4 checks..rented quickly...maybe I was lucky...the AED150K is way below what I pay in mortgage though...I bought for AED1.9 from Tamweel who had picked up a bunch of villas and offered 95 % mortgage, waaaay back when.
Original price Tamweel paid Nakheel was AED1.4 mil per the Nakheel PSA ( contract ). Even if Nakheel had more JVT villas for sale, why would you buy from them when you can pick much cheaper distress villas/sales in secondary market. I predict purchase prices will fall below AED1.0 mil in secondary market and you will be lucky to get anything above 100K rent as summer approaching....free water and electrics, why would you care if they have unsightly temporary cables running the garage ???
They wont alow you to install pools currently as they dont want private contractors running around an already congested project site, guessing same reason there is no general landscaping yet....
Ok thanks for the Info.It all helps to know what is happening.
dbxdude March 8th, 2009, 07:33 AM i have 1.35m credit note from nakheel for sale at discount if anyone is interested PM me.
PS. you can get a NOC letter to extend your villa to 4000sft.
I think the villas will come good and if they ever get to 1m what a bargin assuming your not under power lines....
baba toto March 9th, 2009, 12:24 AM Any idea when the rest of the villas to be handed over?.......Does anybody have any up to date photos?
Are there any private contractors working in JV Triangle? :ohno: There were other buildings to be build in JV Triangle i.e. low rise flats and high rise buildings.... Have any of these started? :ohno:..... Does anyone know??
Crystalmaze March 9th, 2009, 09:13 AM i have 1.35m credit note from nakheel for sale at discount if anyone is interested PM me.
PS. you can get a NOC letter to extend your villa to 4000sft.
I think the villas will come good and if they ever get to 1m what a bargin assuming your not under power lines....
Hi Dbxdude
Pls clarfiy what is meanth by Credit Note of Nakheel. Does it mean that you can ''sell''/ transfer the credit note to me and I can use it to buy Nakheel Villa at a prices.
Is Nakheel offering any 2 BR Villa in JVT at 1.5 M mark if yes I would be considering yoir credit note. Pls tell me how does it work ?
Also pls clarify how can you get NOC for extension upto 4000 Sq Feet. I should approach whom.
Cheers
Naz UK March 9th, 2009, 11:11 AM Reminds me of a local retailer in the UK called Empire Direct, who mysteriously began issuing credit notes over cash on refunds - but no one suspected a thing as it was amongst the top electrical outlets in the north of England and arguably the no.1 electrical website in the UK - a few months later, the company went bust leaving thousands of customers with worthless bits of paper, not to mention the thousands who had paid for goods that would never be delivered.
Credits notes, my arse! :ohno:
Golucky200 March 10th, 2009, 01:35 PM Gentlemen, anyone want to sell the 2 bed villa for 1.4 million, let me know.
camelrider March 11th, 2009, 12:52 PM i have 1.35m credit note from nakheel for sale at discount if anyone is interested PM me.
PS. you can get a NOC letter to extend your villa to 4000sft.
I think the villas will come good and if they ever get to 1m what a bargin assuming your not under power lines....
hello mate,
I really wonder what you were smoking or drinking when you wrote this!!
I have been chasing Nakheel about this for a long time now, & TODAY I was AGAIN on the phone with one of Nakheel's reps.....
She told me that up to date nothin has been approved for extensions, so I'm keeping my fingers crossed, maybe one day EXTENSION to build on our OWN Plot is granted by Nakheel!
Crystalmaze March 12th, 2009, 06:58 AM hello mate,
I really wonder what you were smoking or drinking when you wrote this!!
I have been chasing Nakheel about this for a long time now, & TODAY I was AGAIN on the phone with one of Nakheel's reps.....
She told me that up to date nothin has been approved for extensions, so I'm keeping my fingers crossed, maybe one day EXTENSION to build on our OWN Plot is granted by Nakheel!
Dear Camelrider
Who do you speak to Nakheel on this issue. Pls pass me the phone number and name of the concerned person. I would also start chasing them for extensions -- it might help our cause.
Ciao
camelrider March 12th, 2009, 10:35 AM hei mate
either call Nakheel Customer service on 390 3333, & ask for Ms.Soad el Husseini.....
Last time I spoke to her, she said that due to the many job sackings, certain departments within Nakheel are no longer operative!
We can say we are lucky we still got our jobs here!
In the meantime she is still waiting for replies, & this has been since JANUARY 2009... = 3months ago nearly, & still NO REPLY from her to me....
Conclusion, all this UAE is just a Mega Jungle!! I feel so sorry for myself to be honest, for leading myself to believe that this Country had potential.........
well.. potentail down the drain......:bash:
Will keep fingers crossed, perhaps some common sense prevails!
WAITINGggggggggggggggggg.....
bizzybonita March 13th, 2009, 08:37 AM 10/March/09
Jumeirah Village, Nakheel Villa's, 2+ Maids
http://www.youtube.com/watch?v=GpyFoAKpcU4&feature=channel_page
baba toto March 13th, 2009, 10:07 PM Does anyone know if villas in JV Triangle have been handed over?......:)
If so has anyone moved into their villa and have people started to live in Villas?
If so where are the nearest shops and where do you shop?
Canard March 13th, 2009, 10:16 PM 10/March/09
Jumeirah Village, Nakheel Villa's, 2+ Maids
http://www.youtube.com/watch?v=GpyFoAKpcU4&feature=channel_page
Is it true? The villas for 1.5 to 1.8 M. ?
Cayman March 14th, 2009, 01:19 AM I spoke to an advert who had advertised at 1.4M and they confirmed it was available at that price.
camelrider March 14th, 2009, 09:13 AM I spoke to an advert who had advertised at 1.4M and they confirmed it was available at that price.
It's probably below the 'CABLE LINES'.....
No chance of getting rid of it, unless you are betting to sell it at a loss!
Cayman March 14th, 2009, 10:18 AM ^^
Yes, it was in the area closer to cables.
They also said they had another one closer to Emirates road, but that was 1.5M.
camelrider March 14th, 2009, 08:12 PM ^^
Yes, it was in the area closer to cables.
They also said they had another one closer to Emirates road, but that was 1.5M.
What a bargain!!:wtf:
sanddunes March 24th, 2009, 06:13 PM Looks like there is finally light at the end of the tunnel :-)
found this on the community site
Important Notification for property modifications
In our continuous efforts to streamline our services and ensure a "one stop shop" service for our clients, changes to application and reporting processes have been made, with immediate effect, as follows:
All Trade Licence applications are to be lodged directly to TRAKHEES Commercial Licensing Department (CLD), located at Dragon Mart (1st floor).
All Property Modification, Shop Fit Out, Landscaping Works and Signage applications are to be lodged directly to Trakhees Civil Engineering Department (CED) and Environment Health & Safety (EHS) Departments, located at Jebel Ali Free Zone and Dragon Mart. Please contact CED directly for enquiries relating to matters by emailing ced.modifications@trakhees.ae.
Compliance matters can now be reported to the Community Manager or directly to Trakhees Compliance Unit by emailing them directly at compliance@trakhees.ae
Should you require further assistance or clarification, please contact Ammar Juma Al Bloki on telephone 050 1891885
Additional TRAKHEES Contacts
CED Ismaeil Al Housani (Modifications Manager)
p: 04 881 9444
e: ismaeil.alhousani@trakhees.ae
w: http://ced.dubaitrade.ae
EHS Mohammed Al Fardan (Operations Manager)
p: 04 881 1881
e: mohammed.alfardan@dubaiworld.ae
w: http://www.ehss.ae/
CLD Dawood Ahmed (Manager - Commercial Registration)
p: 04 436 4607
e: dawood.ahmed@dubaiworld.ae
w:http://www.cld.ae/
Yours Sincerely,
Nakheel Asset Management and Design
http://communities.nakheel.com/portal/site/namcommunities/menuitem.fa024e5a64f94b0f8ceb84ae3b4251ca/?vgnextoid=16c1ca9eebcaf110VgnVCM10000077101dacRCRD&vgnextchannel=de038beb3f769110VgnVCM10000067101dacRCRD
Then on the CED site:
TRAKHEES - CIVIL ENGINEERING DEPARTMENT
Submission requirements for Villa Modifications
All the documents and drawings shall be submitted in Portable Documentation Format (PDF)
Documents Required:
1.
Cover Letter from contractor / owner requesting NOC for proposed Modifications.
2.
Details of the proposed modifications
3.
Contractor appointment letter.
4.
Copy of Contractor’s trade license.
5.
Copy of first two pages of Sale/ lease agreement.
6.
If modification is for the tenant, no objection letter from the Owner & Tenancy Contract
7.
Clearance letter & approved drawings from Business Unit (Nakheel Asset Management Etc.).
8.
EHS NOC if the modification involves change in room usage / addition of room/ extension of slab/swimming pool/addition or deletion of toilets.
9.
Drawings required. (in PDF format )
a.
Setting out plan highlighting the modification area.
b.
Existing and proposed floor plans.
c.
Elevations.
d.
Cross sections.
e.
Structural drawings (If any)
f.
Others as required, to cover the scope of work.
Note: Ensure that the modifications are highlighted/ clouded on the drawings.
Complete the entire required document above for your proposed modification work and send it to the E-mail: ced.modifications@ced.ae
(Please note that the maximum allowable size of each email is 5Mb only. You may split the submission in to parts, if required.)
For more details, please visit our web site: http://ced.dubaitrade.ae
Or
Contact us:
Help Disk Telephone 04-8819444
Department Fax: 04-8815227
you can find the forms here
http://ced.dubaitrade.ae/cedprod/cedepermit.nsf/hscedupdates?OpenForm
naturally I dont have a clue yet if they will approve any modifications etc, generally it is my understanding the the bi-laws should provide for a 40% max of the land, so you can likely just about double the current foot print of the 2BR villas in JVT
have fun and let us know how it goes
Sanddunes
camelrider March 24th, 2009, 09:01 PM Looks like there is finally light at the end of the tunnel :-)
found this on the community site
Important Notification for property modifications
In our continuous efforts to streamline our services and ensure a "one stop shop" service for our clients, changes to application and reporting processes have been made, with immediate effect, as follows:
All Trade Licence applications are to be lodged directly to TRAKHEES Commercial Licensing Department (CLD), located at Dragon Mart (1st floor).
All Property Modification, Shop Fit Out, Landscaping Works and Signage applications are to be lodged directly to Trakhees Civil Engineering Department (CED) and Environment Health & Safety (EHS) Departments, located at Jebel Ali Free Zone and Dragon Mart. Please contact CED directly for enquiries relating to matters by emailing ced.modifications@trakhees.ae.
Compliance matters can now be reported to the Community Manager or directly to Trakhees Compliance Unit by emailing them directly at compliance@trakhees.ae
Should you require further assistance or clarification, please contact Ammar Juma Al Bloki on telephone 050 1891885
Additional TRAKHEES Contacts
CED Ismaeil Al Housani (Modifications Manager)
p: 04 881 9444
e: ismaeil.alhousani@trakhees.ae
w: http://ced.dubaitrade.ae
EHS Mohammed Al Fardan (Operations Manager)
p: 04 881 1881
e: mohammed.alfardan@dubaiworld.ae
w: http://www.ehss.ae/
CLD Dawood Ahmed (Manager - Commercial Registration)
p: 04 436 4607
e: dawood.ahmed@dubaiworld.ae
w:http://www.cld.ae/
Yours Sincerely,
Nakheel Asset Management and Design
http://communities.nakheel.com/portal/site/namcommunities/menuitem.fa024e5a64f94b0f8ceb84ae3b4251ca/?vgnextoid=16c1ca9eebcaf110VgnVCM10000077101dacRCRD&vgnextchannel=de038beb3f769110VgnVCM10000067101dacRCRD
Then on the CED site:
TRAKHEES - CIVIL ENGINEERING DEPARTMENT
Submission requirements for Villa Modifications
All the documents and drawings shall be submitted in Portable Documentation Format (PDF)
Documents Required:
1.
Cover Letter from contractor / owner requesting NOC for proposed Modifications.
2.
Details of the proposed modifications
3.
Contractor appointment letter.
4.
Copy of Contractor’s trade license.
5.
Copy of first two pages of Sale/ lease agreement.
6.
If modification is for the tenant, no objection letter from the Owner & Tenancy Contract
7.
Clearance letter & approved drawings from Business Unit (Nakheel Asset Management Etc.).
8.
EHS NOC if the modification involves change in room usage / addition of room/ extension of slab/swimming pool/addition or deletion of toilets.
9.
Drawings required. (in PDF format )
a.
Setting out plan highlighting the modification area.
b.
Existing and proposed floor plans.
c.
Elevations.
d.
Cross sections.
e.
Structural drawings (If any)
f.
Others as required, to cover the scope of work.
Note: Ensure that the modifications are highlighted/ clouded on the drawings.
Complete the entire required document above for your proposed modification work and send it to the E-mail: ced.modifications@ced.ae
(Please note that the maximum allowable size of each email is 5Mb only. You may split the submission in to parts, if required.)
For more details, please visit our web site: http://ced.dubaitrade.ae
Or
Contact us:
Help Disk Telephone 04-8819444
Department Fax: 04-8815227
you can find the forms here
http://ced.dubaitrade.ae/cedprod/cedepermit.nsf/hscedupdates?OpenForm
naturally I dont have a clue yet if they will approve any modifications etc, generally it is my understanding the the bi-laws should provide for a 40% max of the land, so you can likely just about double the current foot print of the 2BR villas in JVT
have fun and let us know how it goes
Sanddunes
May I ask who do you WORK for? or just COPY/PASTE that you are doing? & if so, from where did you get this info???
I have 'SIMILAR Info'....but UP TO DATE, there's NOTHING to CONFIRM what you have posted...+40% increase.........
sanddunes March 25th, 2009, 08:18 AM Hi
Not that it really matters, but I work for a IT consultancy, and have nothing to do with Nakheel, apart from being the owner of one of their villas (that I am looking to extend)
To answer the 2nd question, I got the info from the internet, I think that should be pretty clear from the posting.
If you bothered to read all of it and look at the embedded links, you would find that I indeed did copy & paste and included the links where I found it, so thats where the info is from......
http://communities.nakheel.com/porta...0067101dacRCRD
Now, it up to YOU if you want to make any extentions to your residence to contact the people listed there and go thru the process with them...
Will it work and will you get a permission for an extention this way ??? - I have NO clue, but at least we have for the first time, what looks like a real process from Nakheel for this, not just rumors and hearsay...
Good luck to all, and do let us know if you actually manages to get this done.
Sincerely
Sanddunes
sanddunes March 25th, 2009, 08:24 AM Hi again
sorry, double checked the links, and it looks like Nakheel's site gave me a broken link
If you go to the main page here, you will see the info listed on the first page as "Important Notification for property modifications"
http://communities.nakheel.com/portal/site/namcommunities
Hereunder you will find an announcement dated 23rd of march list all that was described above
Sanddunes
Nachkebia March 25th, 2009, 09:27 AM Can I undertake modifications to my Villa or Townhouse?
At this stage modifications to Villas & Townhouses are not permitted, with the exception of some minor modifications. Minor modifications
are defined only as:
• Addition of a Garage Door (see below); and
• Minor internal changes such as minor kitchen or bathroom renovations (e.g. replacing cabinets, appliances or kitchen tops), where no
structural changes are required. These minor changes will require a minor works approval from NAM.
Room enlargements, demolition/addition of walls, additional floor area (such as additional bedrooms) and other such changes are not
minor modifications and are not permitted at this stage. This is to ensure that disturbance to residents is kept to a minimum, and to allow
residents to ‘settle-in’ to the community over the next few months. Please check the Community Portal on a regular basis for updates to this
policy.
Please be advised that if a modification (including landscaping) is made without the relevant approvals it will be classed as ‘unauthorised’
and the contractor involved will be directed to stop work immediately, with the case referred to the building authority TRAKHEES for
enforcement action. Please note that unauthorised work is likely to void the Defect Liability Period for the property, may have property
insurance implications and may delay resale of a property where NAM is requested to provide an NOC to the vendor.
A site access pass/permit to work will also need to be obtained by contractors to enter Jumeirah Village to undertake the minor modification
works. Unauthorised contractors will be removed from the community.
Can I install a garage door?
NAM encourages residents to install a door to the front of their garages. Garage Doors can only be installed by a NAM approved contractor.
A pre-approved door and contractor is supplied by the Premium Services section of NAM. If you wish to install a garage door, please contact
Premium Services on 800 6267 or via info@nakheel.com.
Can I change the colour of my Villa or Townhouse?
Changes to the colours or finishes of the external facades of Villas or Townhouses will not be permitted at this stage. If you wish to simply
repaint the façades with the existing colours in the future, the appropriate colour palette can be obtained by contacting NAM.
Can I install a satellite dish?
DU is the designated provider of telecommunications services to Jumeirah Village. DU subscribers do not require a satellite dish in order to
receive their television service. Therefore, satellite dishes should not be required by residents.
If you have a valid subscription to an alternative service provider, or access to other free-to-air channels is desired, you must submit an
application to NAM for approval to erect the dish. Approval will only be given where the dish is appropriately sited and screened completely
from view.
How do I landscape my plot?
NAM has prepared several template design options for residents to use when landscaping their plots. The designs include planting and
irrigation layouts and a plant palette from which you can choose your desired plant species.
These pre-prepared designs can be provided to residents or their contractors via a streamlined approval process. They do not require any
further approvals (aside from a site access/work permit for the contractor to enter Jumeirah Village) in order to commence work.
More complex landscaping (i.e. proposals that include water features, pergolas or other similar minor built structures), or a designs alternate to
the design options prepared by NAM will require a formal application and approval process to be undertaken through NAM (and TRAKHEES
where applicable) prior to works commencing on site. Such work will need to comply with NAM’s Landscape Design Code (available upon
request) in order to be approved.
Can I install a swimming pool or other similar structure?
Please note swimming pools, excavation (e.g. sunken lounge) or filling (e.g. raised ground levels), or large built structures such as servant’s
quarters will not be permitted at this stage. Please check the Community Portal on a regular basis for updates to this policy.
Can I alter the fence/boundary wall around my property?
Please do not alter the existing fences and boundary walls in any way. This includes colour changes, changing the metal infill design or
the light fittings, or the addition of any materials that alter the appearance of the fences (such as Perspex/glass/polycarbonate sheeting). If
privacy is a concern, this is to be addressed through landscaping.
Who can I contact for further information?
The NAM Land Use and Compliance (LUC) section administers the modification process, and can provide you with advice on the modifications
policy, assessment processes and application fees. Along with modification assessment, LUC also assists in compliance matters related to
these modifications.
If you would like to get in contact with the Land Use and Compliance section you can do so via the Customer Care Centre by calling 04 800
6267 or emailing propmodifications@nakheel.com.
Additional information or updates to the information outlined above will be provided from time to time on the NAM Communities Portal –
please visit http://communities.nakheel.com.
sanddunes March 25th, 2009, 11:36 AM Hi
I did some more digging, and called the Nakheel Asset Management customer care centre on 800 6267 for more information.
1: They said that (for now) NO modifications are permitted until after July 09 since the handover of the villas has not completed.
They did however, also confirm that the Civil Engineering Department are in charge of given all approval prior to any commencement of work.
When asking for the actual guidelines, i.e. what will be permitted, they told me to contact the Civil Engineering Department
2: Looking over their website, you will find a number of documents and guidelines for how to apply & pay (looks like the modification approval fee is 0.5 AED per SQF as an example) etc.
http://ced.dubaitrade.ae/CEDPROD/CEDePermit.nsf
I called the Civil Engineering Department and spoke to an engineer who told me that the guidelines for what modifications are allowed and their extend can be found in the "Building Regulation and Guidelines".
It is a book that can be purchased for 200 AED at their counter in Jafza 14, see link below. In fact any engineering and construction company around here should already have one.
http://ced.dubaitrade.ae/cedprod/cedepermit.nsf/(LookupContent1)/Rcc10/$file/Rcc10.pdf?Open
3: He did also say that the best way of knowing, was to write a short email to them on the following email address detailing the intended modification and then they will reply if this can be done in principle before submitting all the actual structural drawings etc. the email address was
Ced.Modification@ced.ae
Sanddunes
baba toto April 2nd, 2009, 11:38 AM Does anyone know if villas in JV Triangle have been handed over?......:)
If so has anyone moved into their villa and have people started to live in Villas?
If so where are the nearest shops and where do you shop?
Anyone know??
camelrider April 3rd, 2009, 05:03 PM People have moved into their Villas in JVT & others (owners) have also rented their villas out!
It is still a building site, however the 'closest necessity' one can fin is just off Emirates road, South of the intersection/roundabout 'BIG CONSTRUCTION SITE NOW' between Al Khail Road & Emirates Road, in the direction of Abu Dhabi, is the Petrol Station, just BEFORE the JVT Entrance.
However things are limited here.....
Closest supermarkets, can be found either at IBN Battuta Mall, or else in the Springs, Choitrams or Spinneys....
Unless one feels like a longer drive to go to Mall of Emirates!
It's gonna be a loooong time till the 1st outlets start operating in JVT, as now it's just a construction site.......
tcstrd April 13th, 2009, 11:32 AM Business Bay
when the extension of canal work will start towards safa park and to the jumeirah sea side final opening ?
baba toto April 13th, 2009, 12:12 PM People have moved into their Villas in JVT & others (owners) have also rented their villas out!
It is still a building site, however the 'closest necessity' one can fin is just off Emirates road, South of the intersection/roundabout 'BIG CONSTRUCTION SITE NOW' between Al Khail Road & Emirates Road, in the direction of Abu Dhabi, is the Petrol Station, just BEFORE the JVT Entrance.
However things are limited here.....
Closest supermarkets, can be found either at IBN Battuta Mall, or else in the Springs, Choitrams or Spinneys....
Unless one feels like a longer drive to go to Mall of Emirates!
It's gonna be a loooong time till the 1st outlets start operating in JVT, as now it's just a construction site.......
Does anyone know if I can either franchise a supermarket or rent out a shop to a supermarket chain (for the size of 1250 sq ft) in JV Triangle?
hamed_r_i April 13th, 2009, 08:05 PM Does anyone know if I can either franchise a supermarket or rent out a shop to a supermarket chain (for the size of 1250 sq ft) in JV Triangle?
which project in the triangle do you have your shop at?, I think the completion of the private developers in the Triangle will take at least another 2 years....
baba toto April 13th, 2009, 08:15 PM which project in the triangle do you have your shop at?, I think the completion of the private developers in the Triangle will take at least another 2 years....
It is a G+4 building, Lawns III by DEC...
nicky1980 April 15th, 2009, 11:44 AM Any information on the circle ?? esp on Nakheel townhouses (district 12)and villas (district 16)?? will they be ready by dec 2009 (as per nakheel) ??? any one have any info on the circle..feeling so bad i bought in the circle rather than the triangle :(
ehonda May 7th, 2009, 03:52 PM Anyone know??
another place is Le Marche supermarket in Arabian Ranches... but you got to turn back at Jebel Ali roundabout, enter AR backdoor, then drive to the community supermarket... the time needed will be the same as driving to battuta
Barracuda May 9th, 2009, 01:53 PM I would like to buy a Villa in JVT, away from the power lines for OP.
Any help?
MANUTD May 9th, 2009, 07:03 PM I would like to buy a Villa in JVT, away from the power lines for OP.
Any help?
http://www.gnads4u.com/doc.html?_a=view&id=5480623
any good ?
camelrider June 5th, 2009, 12:16 AM has anyone recently had his property, that is Independent Villas in JVT been contacted by Nakheel, or had their Property handed over to them?
this thread has been silent for quite a while now, & so have Nakheel!
Any news please?:ohno:
Arno Salzl June 7th, 2009, 01:27 PM Hi all,
Can somebody explain me why these JVT Nakheel Villas (huge 2BR, over 2600 sqft / on huge plot, over 6000 sqft / very close to Springs and Jumeirah Island/Park) are selling for approx. 550 AED/sqft?
Because there is still a small profit from original price? Because of the location close to power lines and noisy Al Khail road?
docc June 8th, 2009, 09:09 AM ^^ I'm actually considering these myself. For 1.4-1.5M i can get a independent 2 bed villa (with permission to add 2 more rooms) in JV as opposed to a 2 bed townhouse in Springs. Personally, i see the JV villa's appreciating more in the long term as opposed to Springs which quite possibly will max out at around 1.75M (2 bed).
As for why it is cheaper, well majority of the investors are again speculators and just getting rid of stock. Also, there aren't any amenities YET, so that could be a deterring factor in terms of rental potential. Value will pick up for both capital and rental values in the next few years IMO. Again, it all depends on whether the investor has the patience to wait for 2-3 years for this.
SOUL1 FOOD1 June 9th, 2009, 10:47 AM This is my frist message on this thread.
I agree with you. I have been looking for a villa for last couple of months, did my research but ended up at JVT time and again.
Positives - 2690 built up, 6900 plot. Good finish, very good size bed rooms, ample space to built at a later date. Closest possible to OP. I wonder why they are still available, they should fly off the rack. If you are not in a hurry and want to build your portfolio then this is perfect place to put in your money instead of a 2 bedroom flat else where. I see prices reaching in excess of 2 mill by the year end.
Compared to springs - Brand new, better built for sure, independent villas and well planned community in future.
Cons - No facilities nearby at the moment apart from Emarat petrol pump, community will take shape only in year and a half.
Once it is done apart from the cables issue this will be very good investment and an asset. Just imagine all these villas with their independent gardens and the extra space.
So I am sure I made a good purchase.
camelrider June 12th, 2009, 09:39 PM Hi all,
Can somebody explain me why these JVT Nakheel Villas (huge 2BR, over 2600 sqft / on huge plot, over 6000 sqft / very close to Springs and Jumeirah Island/Park) are selling for approx. 550 AED/sqft?
Because there is still a small profit from original price? Because of the location close to power lines and noisy Al Khail road?
The reason being that many specualtors are now panicking & as rightly said wanna get rid of their stock, as they are UNABLE to pay further!
The ones which are selling at close to the original price, are those Villas which were bought without doing some proper homework on the locations in JVT, & now realised that their Villas close to the powerlines will be very hard to get rid of!!!:lol:
camelrider June 12th, 2009, 09:43 PM ^^ I'm actually considering these myself. For 1.4-1.5M i can get a independent 2 bed villa (with permission to add 2 more rooms)
HaHa...good one mate......
Where did you get this info from? for NOW...DREAM ON!!!!!!
Nakheel are not giving permission to nobody for now! & I have been in contact with Nakheel several times on this issue!!!
Unless you have this official from Nakheel, which I DOUBT IT,you have been lied to, about this!!
docc June 15th, 2009, 10:25 AM Hi,
You're right that there is no permission to build the extra rooms (cannot exceed 1600 Sft total) for now. I've been told verbally that there will be provision to add the extra rooms provided uniformity to the external facade is maintained. Also, the rooms can only be added towards the back as frontal elevation cannot be disturbed.
Rents here are at 130k now and i can see them dropping to 110-120k soon. With maintenance at 13.5k-16k/year, return on investment becomes close to 6-7% (assuming purchase price for handed over villa's is around 1.6M). Again, this is a long term investment and one needs patience to really be able to appreciate its true and full value.
Btw, if anyone has a villa for sale for around 1.5-1.6 (preferably handed over), send me a pm as i am interested in buying one (mediterranean style only).
camelrider June 15th, 2009, 07:26 PM Hi,
You're right that there is no permission to build the extra rooms (cannot exceed 1600 Sft total) for now. I've been told verbally that there will be provision to add the extra rooms provided uniformity to the external facade is maintained. Also, the rooms can only be added towards the back as frontal elevation cannot be disturbed.
Rents here are at 130k now and i can see them dropping to 110-120k soon. With maintenance at 13.5k-16k/year, return on investment becomes close to 6-7% (assuming purchase price for handed over villa's is around 1.6M). Again, this is a long term investment and one needs patience to really be able to appreciate its true and full value.
Btw, if anyone has a villa for sale for around 1.5-1.6 (preferably handed over), send me a pm as i am interested in buying one (mediterranean style only).
Verbally = Means NOTHING, not a guaranteed increase!
Patience = Only those speculators or who are willing to do a distress sale will sell at those prices you mentioned.... Most of them I bet will be close to the powerlines, which you can hardly get rid of, unless below their real value!!!
docc June 15th, 2009, 08:43 PM ^^ Actually, i just turned down an offer of 1.6M today and it was for a handed over villa. I'm not convinced about the prices as at present the fundamentals are really not there. Only 90 villa's so far have been handed over with around 1100 coming online. With only 10% payments left for a lot of villa's to be handed over, Nakheel is pushing hard to handover other sectors. Once more villa's come into the market (which they will in August), the prices will drop some more unless all the owners stick together to hold prices.
Dicey situation. Personally, i'm waiting till the end of summer to see what happens. With Ramadan from August 19th to September 19th, its going to be a slow few months.
Just my 2 bits. Someone correct me if i'm wrong please.
Crystalmaze June 16th, 2009, 07:26 AM Hi
About 2 months back a possession letter was posted on this thread:-
The possession letter posted in this thread mentions various charges which are nowhere in the Nakheel contract that I have. In fact these are the first time I ever saw or realised these extras ????
1) Admin Fund -- what is this and how much ??
2) Annual Expenditure Fund - for ongoing maintenance and capital expenditure ?? how much
3) Sinking Fund/ Capital Reseve fund - major mtn ???? again how much
Any ideas what are these and what is approximate AED
Crystalmaze
Crystalmaze June 16th, 2009, 07:34 AM Hi
Has anyone been in handed over villas lately in JVT.
Has the landscaping jobs being done there.
On passing through Emirates Road , I see at least 200 villas closer to road nearly complete and on inquiring Nakheel they are saying possession soon.
Does anyone know the real reason for delay. Does it have something to do with the fact that 90 handed over villas were on temporarry power ie gensets till very recently.
I have a suspicion that ready villas not being handed over has something to do with no power or sub station not ready
Does anyone has any comments.
What is best guess that when next lot of villas will be handed over. On asking Nakheel what you get is a standard reply big project, phased handover etc etc.
When only 90 villas being handed over for name sake in Dec 2008 , why there is no movement since then.
Any guesses or comments, pls update
Cheers
Crystalmaze
docc June 16th, 2009, 08:40 AM ^^ I was at JVT yesterday in sector 2 (handed over). Landscaping has started, but only preparation i.e creating outlines, setting up drip water irrigation etc. There are no green patches except for the lawns of villas (occupied owners/tenants).
As for the delay in handover of the villas, it has to do with DEWA connection (or lack of it) as Nakheel had to pay almost AED 4k/month per villa to have water and electricity connected through massive generators. They don't want to go through this cycle again and are hence waiting for DEWA to connect utilities before they can start handover of the next phase (which i believe is in August).
They are however plenty of workers on site so i don't think there is anything to worry about in terms of extended delays due to slow construction.
Crystalmaze June 16th, 2009, 09:01 AM Verbally = Means NOTHING, not a guaranteed increase!
Patience = Only those speculators or who are willing to do a distress sale will sell at those prices you mentioned.... Most of them I bet will be close to the powerlines, which you can hardly get rid of, unless below their real value!!!
Hi Camel Rider
I know you have been doing a lot of hard work on following up with Nakheel regarding finding '' exact status on the fact that room modifications are allowed or not''.
I do not know who gave verbal commitment to DOCC - was it some Nakheel person or Sales Agent( ?? - you know what it means)
I visited Nakheel office and they later sent me this for modifications. I will go and try this route and kindly you are give it a go again. 1 + 1 will make 11.
-----------------------------------------------------------------------
Important Notification for property modifications
In our continuous efforts to streamline our services and ensure a "one stop shop" service for our clients, changes to application and reporting processes have been made, with immediate effect, as follows:
All Trade Licence applications are to be lodged directly to TRAKHEES Commercial Licensing Department (CLD), located at Dragon Mart (1st floor).
All Property Modification, Shop Fit Out, Landscaping Works and Signage applications are to be lodged directly to Trakhees Civil Engineering Department (CED) and Environment Health & Safety (EHS) Departments, located at Jebel Ali Free Zone and Dragon Mart. Please contact CED directly for enquiries relating to matters by emailing ced.modifications@trakhees.ae.
Compliance matters can now be reported to the Community Manager or directly to Trakhees Compliance Unit by emailing them directly at compliance@trakhees.ae
Should you require further assistance or clarification, please contact Ammar Juma Al Bloki on telephone 050 1891885
Additional TRAKHEES Contacts
CED Ismaeil Al Housani (Modifications Manager)
p: 04 881 9444
e: ismaeil.alhousani@trakhees.ae
w: http://ced.dubaitrade.ae
EHS Mohammed Al Fardan (Operations Manager)
p: 04 881 1881
e: mohammed.alfardan@dubaiworld.ae
w: http://www.ehss.ae/
CLD Dawood Ahmed (Manager - Commercial Registration)
p: 04 436 4607
e: dawood.ahmed@dubaiworld.ae
w:http://www.cld.ae/
Yours Sincerely,
Nakheel Asset Management and Design
docc June 16th, 2009, 11:36 AM ^^ Hi, i was given the information by an agent (highly reputed).
camelrider June 18th, 2009, 08:55 PM ^^ Hi, i was given the information by an agent (highly reputed).
DON'T trust Agents!
Most of them are only after commission!
How many of us have been told about 'RESIDENCE VISAS'?? ha ha another good joke, & even a bigger joke now by the UAE Govt. for 6 months bla bla bla....
A good way of treating present Investors, & ATTRACTING FUTURE Investors!:bash:
camelrider June 18th, 2009, 08:58 PM @Crystalmaze
Good work there too!
It's ALSO a Standard COPY/PASTE of one of their Standard replies! :blahblah: :blahblah:
hamed_r_i August 8th, 2009, 11:47 AM does anyone have any idea if ALL of triangle villas will be completed by December '09 ?
The completion date was due december '08, but the developer has the right to delay for a year till Dec. 09, so what happens next if they cant handover by then??
What can the owners do?
Crystalmaze August 16th, 2009, 07:04 AM Hi
I hear that second lot of villas like district 2 G has also been handed over. Is it correct
Does anyone have any other idea.
We all know that some villas were handed over in Dec 08.
Has something handed over since then ?
Any news will help as official Nakheel answer is no help at all
Cheers
baba toto August 20th, 2009, 09:17 PM Hi
I hear that second lot of villas like district 2 G has also been handed over. Is it correct
Does anyone have any other idea.
We all know that some villas were handed over in Dec 08.
Has something handed over since then ?
Any news will help as official Nakheel answer is no help at all
Cheers
Anybody know??
camelrider August 24th, 2009, 11:39 AM does anyone have any idea if ALL of triangle villas will be completed by December '09 ?
The completion date was due december '08, but the developer has the right to delay for a year till Dec. 09, so what happens next if they cant handover by then??
What can the owners do?
Hei mate,
don't believe whatever you are promised..even though I have to 'assume' that what you have posted is what you have been told, probably verbally!
I don't know what you have in your contract, but again I am 'assuming' AGAIN, that if your contract by Nakheel is like mine, it simply states, "Handover STARTING from December 2008".....
Remember, Nakheel is a Government run organisation, so guaranteed you have NO CHANCE AT ALL of trying to sue them for any delays, & getting reimbursed with some sort of deal!
I would keep my fingers crossed & hoping that INSH'ALLAH (magic word frequently used here) our Villa's WILL BE Handed to us by December 2009!!
Waiting & Hoping.......:gunz:
camelrider September 16th, 2009, 02:45 PM Yesterday I have visited JVT, some SLOW Progress has been done since my last visit there..which was a looooong time ago.......approximately in January...
For sure either the workforce has been reduced (not including this period of Ramadan), as the progress is a really SLOW Progress!
Most of the access roads between the districts have been done, though not fully complete!
Managed to go to my Villa, which is still not what I wanted to see.....it's definitely a looooong way to go until it will be handed over to me!
or
NAKHEEL.... do they still exist? for sure rumours are not always rumours.....it REALLY Shows they are running or have run out of money!!!!!:ohno:
hamed_r_i October 3rd, 2009, 09:45 AM any updates ? pictures?
perrywinch October 28th, 2009, 05:31 PM hi everyone , new to this site , i have a med villa in the circle , plot JVC2VS16-L-31 , does anyone know if these are near cables and likely handover. Nakheel have advised today better info will be available next month.
baba toto October 28th, 2009, 06:58 PM Anyone have any photos??? :)
camelrider October 28th, 2009, 08:29 PM hi everyone , new to this site , i have a med villa in the circle , plot JVC2VS16-L-31 , does anyone know if these are near cables and likely handover. Nakheel have advised today better info will be available next month.
The Villas which are NEAREST to the overhead Cables are the ones in JVT, which are facing the Springs/Meadows/JLT.
Having said this, JVT is at a more advanced stage than JVC, even when comparing the prices from JVT to JVC there is a difference in price - JVT are slightly more expensive......
But still, those owners having their JVT Villas facing the Cables, have a much steeper hill to climb if they ever want to get rid of their Villas...unless they do so at a loss!!:dizzy:
nicky1980 October 29th, 2009, 06:53 AM I have a townhouse in JVC in district 12. As per Nakheel , all they have been saying this year and are still saying is it will be ready in dec 2009. However i dont think thats true at all judging by the construction work that still needs to be done. So, my question is what happens if Nakeel dont deliver by Dec. Are we paid a compensation ?? They cant delay further since the contract says they can delay only a year after the expected delivery date which was dec 2008. So, what can we do ?
Secondly, as per previous studies done , there are no harmful effects on people by living near to power lines. I wouldn't know for sure but thats what the studies have shown.
TMZ October 29th, 2009, 07:39 PM as per previous studies done , there are no harmful effects on people by living near to power lines. I wouldn't know for sure but thats what the studies have shown.
HAHAHAHAHAH, what study was this, forward it to me, nothing happens to u now, 15 years down the road when u get some sort of cancer or blood disease than you'll see the harmful effects, I wouldn't live beside a electrical transistor if it was free.
nicky1980 October 29th, 2009, 08:03 PM Hi TMZ,
The internet would be a good resource for those studies. As such no study actually has proved that EMF from power lines causes cancer. They only suspect it in a few studies but viable logic to that is yet to be deduced (as far as i'm aware).
But yes i completely understand the reluctance in staying in such places, i would hesitate too.
I hope u can answer my first query on Nakheel.
Thank you.
Regds
baba toto November 9th, 2009, 01:44 PM I have a townhouse in JVC in district 12. As per Nakheel , all they have been saying this year and are still saying is it will be ready in dec 2009. However i dont think thats true at all judging by the construction work that still needs to be done. So, my question is what happens if Nakeel dont deliver by Dec. Are we paid a compensation ?? They cant delay further since the contract says they can delay only a year after the expected delivery date which was dec 2008. So, what can we do ?
Secondly, as per previous studies done , there are no harmful effects on people by living near to power lines. I wouldn't know for sure but thats what the studies have shown.
How do you know how much construction work has been done. Have you visited the site? If so have you any pictures?
nicky1980 November 9th, 2009, 03:32 PM District 12 is at the corner of emirates road and barsha road as per the plot map. Judging by what i can see from the main road, that construction doesnt seem to have progressed much. However i can get a better idea only if i can see the site itself from inside JVC. I hope and pray it has progressed more than what i can see....
camelrider November 11th, 2009, 11:21 AM Have AGAIN contacted Nakheel to enquire about the progress of my Villa, & guess what I get as a reply?? ANOTHER 'Computer Generated Auto-Reply';
Thanks for your enquiry,
Please note that we are expecting to receive an update from our Project office, on the construction status and completion dates for the different phases of Jumeirah Village, by the end of November. We would be then able to revert with more specific information; in the meantime, we ask for your kind understanding and patience.
No wonder this place can't ever improve! Developers & all Developers wHOEVER they are need to come clean with us investors & be STRAIGHTFORWARD with us, insteadof these bag of lies! If it was'nt for us to invest, what would happen here? & besides, why does any communication have to come from our side to get some feedback ,instead of the other way round............:ohno:
baba toto November 11th, 2009, 12:47 PM Have AGAIN contacted Nakheel to enquire about the progress of my Villa, & guess what I get as a reply?? ANOTHER 'Computer Generated Auto-Reply';
Thanks for your enquiry,
Please note that we are expecting to receive an update from our Project office, on the construction status and completion dates for the different phases of Jumeirah Village, by the end of November. We would be then able to revert with more specific information; in the meantime, we ask for your kind understanding and patience.
No wonder this place can't ever improve! Developers & all Developers wHOEVER they are need to come clean with us investors & be STRAIGHTFORWARD with us, insteadof these bag of lies! If it was'nt for us to invest, what would happen here? & besides, why does any communication have to come from our side to get some feedback ,instead of the other way round............:ohno:
I suppose Nakheel being owned by the Government means they can get away with bad customer service at best ...:ohno:
jediknight29 November 12th, 2009, 01:21 AM District 12 is at the corner of emirates road and barsha road as per the plot map. Judging by what i can see from the main road, that construction doesnt seem to have progressed much. However i can get a better idea only if i can see the site itself from inside JVC. I hope and pray it has progressed more than what i can see....
But did you see the prawns in District 9? Make sure you have catfood on you... :lol:
camelrider November 12th, 2009, 12:16 PM I suppose Nakheel being owned by the Government means they can get away with bad customer service at best ...:ohno:
hei mate,
you DON't NEED TO SUPPOSE...
Unfortunately it's a FACT!! That's the way they get away with things here!
Bottom Line;
Who is to SUFFER the consequences?? = US the INVESTORS!!:bash:
eltel11 November 17th, 2009, 07:30 AM District 12 is at the corner of emirates road and barsha road as per the plot map. Judging by what i can see from the main road, that construction doesnt seem to have progressed much. However i can get a better idea only if i can see the site itself from inside JVC. I hope and pray it has progressed more than what i can see....
Hi Nicky,
This is my first post as I am new to this forum. I bought in JVS, a 1 bed Townhouse also in District 12. I have been on site many times, the last of which was 2 wknds ago. From what I have seen the substructures of all properties have started and many of the superstructures are complete with only really finishing works to be completed. There is one mock-up which is 95% complete and they look very nice. The last time I was up they had started to put hoarding around each of individual areas of townhouses.
I spoke to Nakheel yesterday who I have pestered constantly for some time now!! The lady I spoke with acknowledged that they are in delay and breach of contract as of 31st Dec '09 but they do not as yet have a revised completion date for the properties in the Circle. She advised that it is likely that buyers will be contacted 4wks prior to the Completion Date (31st Dec '09) and offered a similar property in JVT or in one of Nakheel's other projects. I do not take anything they say for granted but time will tell.
I will try and get some of my photos on here from my last visit on site.
hamed_r_i November 17th, 2009, 08:14 AM a friend of mine has financed a property in the circle and the bank ha already put out around 1,200,000. So what happens if nakheel wants to change the property to the triangle or some other property, the banks will never except.
camelrider November 17th, 2009, 10:45 PM Hi Nicky,
This is my first post as I am new to this forum. I bought in JVS, a 1 bed Townhouse also in District 12. I have been on site many times, the last of which was 2 wknds ago. From what I have seen the substructures of all properties have started and many of the superstructures are complete with only really finishing works to be completed. There is one mock-up which is 95% complete and they look very nice. The last time I was up they had started to put hoarding around each of individual areas of townhouses.
I spoke to Nakheel yesterday who I have pestered constantly for some time now!! The lady I spoke with acknowledged that they are in delay and breach of contract as of 31st Dec '09 but they do not as yet have a revised completion date for the properties in the Circle. She advised that it is likely that buyers will be contacted 4wks prior to the Completion Date (31st Dec '09) and offered a similar property in JVT or in one of Nakheel's other projects. I do not take anything they say for granted but time will tell.
I will try and get some of my photos on here from my last visit on site.
So what happens if Nakheel PROLONG the delay after the 31st December 2009? will they pay compensation to the investors???
Ha Ha.. Likely NOT!!!!
eltel11 November 18th, 2009, 03:07 PM So what happens if Nakheel PROLONG the delay after the 31st December 2009? will they pay compensation to the investors???
Ha Ha.. Likely NOT!!!!
It's not a matter of IF, it is definite that they will. When I contacted RERA to ask if there was any means of getting compensation from Nakheel they basically said you can take them to court but are unlikely to be awarded anything due to the current financial climate!!!! Great help they are!!
DUBAI INVESTOR November 21st, 2009, 10:23 AM Nakheel are late or are "delaying" ( Nakheel speak for cancelled ) many of their projects due Dubai's lack of cash and inability to raise new loans. Nakheel owes billions to local contractors whom many have walked of the construction sites due non payment. In Jumeirah Park, your neighbour essentially, the main contractor walked of the site last November 2008 owed at the time AED430mil and sent 4000 workers home. Investors On Palm Jebel Ali, Veneto Waterfront, Al Furjan and Badra facing similar situation. Nahkeel is offering customers credit notes or poperties in other projects as Int'l village and Discovery Gardens. RERA is a toothless tiger saying " try taking legal action in court" but that would be pointless as a Dubai Court would never rule against themselves as Nakheel is essentially the Dubai goverment. I recommend investors to join up together and go public thru the media as the Shame Factor is the thing Dubai fears the most....
baba toto November 21st, 2009, 10:57 AM Nakheel are late or are "delaying" ( Nakheel speak for cancelled ) many of their projects due Dubai's lack of cash and inability to raise new loans. Nakheel owes billions to local contractors whom many have walked of the construction sites due non payment. In Jumeirah Park, your neighbour essentially, the main contractor walked of the site last November 2008 owed at the time AED430mil and sent 4000 workers home. Investors On Palm Jebel Ali, Veneto Waterfront, Al Furjan and Badra facing similar situation. Nahkeel is offering customers credit notes or poperties in other projects as Int'l village and Discovery Gardens. RERA is a toothless tiger saying " try taking legal action in court" but that would be pointless as a Dubai Court would never rule against themselves as Nakheel is essentially the Dubai goverment. I recommend investors to join up together and go public thru the media as the Shame Factor is the thing Dubai fears the most....
This is the only way they will take notice. A group has already attempted to do this. Checkout www.concerneddubaisportscityinvestors.com.
Where developers are in breach of contract by failing to complete within a reasonable period, RERA must offer a 100% refund to investors (and show transparency on the amounts they are holding, on trust, on behalf of buyers) rather than offering hopeless advice to them to take legal action. They only need to look at buyer's contracts that show completion dates which developers, for what ever reason, have failed to honour by years (in my case bought in 2006 and currently just a hole in the ground)!! RERA cannot be allowed to be a party in this injustice by holding OUR money indefinately!! RERA must distinguish between such buyers i.e. who cancel because their completion dates have been exceeded by a reasonable time period, and other reasons for cancelling; It is a scandal to deduct at least 30% of the purchase price from the former rather than the latter.
:bash:
spiderwoman November 22nd, 2009, 12:44 AM Hi Everyone,
I have reading the below posts with interest and frustration. We have purchased a 2 bed TH in JV Triangle. Just so that I have understood you guys correctly, do you all think that the completion date of December 31 2009 is going to be delayed further??
baba toto November 22nd, 2009, 12:49 PM Hi Everyone,
I have reading the below posts with interest and frustration. We have purchased a 2 bed TH in JV Triangle. Just so that I have understood you guys correctly, do you all think that the completion date of December 31 2009 is going to be delayed further??
You wanna bet?
spiderwoman November 22nd, 2009, 03:38 PM You wanna bet?
Hi BT, is there any word on the ground as to what this may be? As we are overseas trying to deal with family health emergencies and I am absolutely sick with worry as to when this is going to be completed. What are your instincts?
baba toto November 22nd, 2009, 04:53 PM Hi BT, is there any word on the ground as to what this may be? As we are overseas trying to deal with family health emergencies and I am absolutely sick with worry as to when this is going to be completed. What are your instincts?
Part of the problem is general lack of customer service and transparency. Nakheel, being state owned, is "a law unto themselves"!! What is the latest update on the Jumeirah Village website? A flyby video that dates back to October 2008!!! If you look at Dubai Sports City website and www.choppershoot.com, the project has been delayed, but you can notice a degree of progress has taken place over time. We simply don't have a clue what's happening in Jumeirah Village now so how can we be confident about any completion dates?
I have limited options: Forget my money and wait indefinately?; take expensive legal action and lose at least 30% of the purchase price? I invested in 2006 and it's almost 2010; All I have to show for it is a hole in the ground!!! What I want now is a 100% refund but that's not an option! - But why not? Why should RERA continue to hold (assuming they have it) my money indefinately?!!
spiderwoman November 23rd, 2009, 02:22 PM Hi BT, I have sent another email to Nakheel. Let's see what they come back with.
AjmanOwner December 8th, 2009, 10:15 AM Does anyone know the price of a 1bedroom Town House at JVT is at the moment(after all the bad news of Nakheels finances)
spiderwoman December 8th, 2009, 09:47 PM Are there any updates on completion dates for JVT? I sent an email and recieved a standard response saying the concerned department would be in touch, but have heard nothing since? Was just wondering if anyone has an update of some sort?
camelrider December 8th, 2009, 10:03 PM Are there any updates on completion dates for JVT? I sent an email and recieved a standard response saying the concerned department would be in touch, but have heard nothing since? Was just wondering if anyone has an update of some sort?
with respect = SAME SH!T DIFFERENT DAY!!......:bash:
eltel11 December 10th, 2009, 01:02 PM For any of you who may be interested this is the email I have received today from Nakheel:
I deeply apologize for the lack of communication.
We are unfortunately, still waiting to receive communication on the handover plans for Jumeirah Village Circle .
We do not currently have any firm timeframes to provide you with in terms of delivering your property. We are currently preparing realistic timeframes and options, will contact you once these become available.
We expect to be able to inform all customers in JV-Circle prior to the end of the year.
We beg for your understanding and thank you for your patience
I was on site last wknd and very little progress has been made with regards to the 1 & 2 bed townhouses in JVS district 12. Some infrastructure works had progressed and maybe slight progress in the structures of some of the TH's but nothing on any significance. In my mind I am thinking a minimum of 6 months before they start handing over. :badnews:
baba toto December 10th, 2009, 01:21 PM Are there any updates on completion dates for JVT? I sent an email and recieved a standard response saying the concerned department would be in touch, but have heard nothing since? Was just wondering if anyone has an update of some sort?
For any of you who may be interested this is the email I have received today from Nakheel:
I deeply apologize for the lack of communication.
We are unfortunately, still waiting to receive communication on the handover plans for Jumeirah Village Circle .
We do not currently have any firm timeframes to provide you with in terms of delivering your property. We are currently preparing realistic timeframes and options, will contact you once these become available.
We expect to be able to inform all customers in JV-Circle prior to the end of the year.
We beg for your understanding and thank you for your patience
I was on site last wknd and very little progress has been made with regards to the 1 & 2 bed townhouses in JVS district 12. Some infrastructure works had progressed and maybe slight progress in the structures of some of the TH's but nothing on any significance. In my mind I am thinking a minimum of 6 months before they start handing over.
See above quote from eltel11 which refers to JV Circle.
Maybe if you pursue you can receive an update for JV Triangle?
ashishmahal December 10th, 2009, 07:58 PM Hi All,
I have got a property in JVT - 2 Bed Mediterranean in District 5. As per the contract, the original anticipated completion date was Dec 2008 which they can delay by upto 1 year i.e we should have got possession by Dec 2009. I have been closely chasing up Nakheel on this. Until September / October, they had given an email confirmation saying that it would be ready by December 2009. However, upon repeated followups they have now informed that it is not being handed over this month and are NOT giving any indication to expected date.
I am sure there are many such purchasers who are being kept in Dark by Nakheel. Their inability to handover this month is breach of contractual terms.
Anyone else has any further information?
camelrider December 14th, 2009, 02:46 PM Hi All,
I have got a property in JVT - 2 Bed Mediterranean in District 5. As per the contract, the original anticipated completion date was Dec 2008 which they can delay by upto 1 year i.e we should have got possession by Dec 2009. I have been closely chasing up Nakheel on this. Until September / October, they had given an email confirmation saying that it would be ready by December 2009. However, upon repeated followups they have now informed that it is not being handed over this month and are NOT giving any indication to expected date.
I am sure there are many such purchasers who are being kept in Dark by Nakheel. Their inability to handover this month is breach of contractual terms.
Anyone else has any further information?
check your pm......
rehan727 December 15th, 2009, 11:03 PM Is there any cash penalty clause for delayed delivery beyond Dec 2009. I know that there are similar clauses in other developments.
Tonisop09 December 20th, 2009, 04:26 PM Hi i'm new to this site. I have purchased a 2 bed villa in Jumeriah Village in 2007, it was from an agent who had purchased direct from NAKHEEL and i have the mortage agreed with NAKHEEL & Tamweel. Unfortunatley i have returned to my home country due to an family illness. I have been frantically trying to resolve the completion date and my finances for this property which was due for completion in 2008, i have recorded to NAKHEEL that if they cannot advise me of the completion date and that i am willing to complete the purchase, however there non response is confirmation that they are in default of the purchase agreement and cannot complete the sale. I have referred this case to a solicitor and am trying to lodge a case with RERA all of which i know is futile as there are no laws to protect investors. I have requested from the agent to provide me a copy of the original purchase agreement as i am interested in what it states on the completion date of Dec 08 and if the property is not handed over in Dec 09 what are my rights. From the above posts it seems some peoplehave identified this and i am wondering if you could let me know what is happening with this or could you post the extract of this clause. I would gladly walk away from my booking deposit as and put the whole experience down to a lesson of never trusting an investment in a third world, dictatorship that make and change the laws as required to suit themselves...
rehan727 December 20th, 2009, 11:09 PM These are pictures of JVT district 9 as of last week of November 2009. I was told by a construction staff that a lot of contractor manpower has been removed as payments are pending.
http://img262.imageshack.us/img262/3183/jvt9thnov003.jpg
http://img189.imageshack.us/img189/5163/jvt9thnov020.jpg
http://img2.imageshack.us/img2/6526/jvt9thnov005.jpg
http://img3.imageshack.us/img3/7594/jvt9thnov006.jpg
http://img189.imageshack.us/img189/7789/jvt9thnov007.jpg
http://img442.imageshack.us/img442/3731/jvt9thnov008.jpg
http://img46.imageshack.us/img46/1097/jvt9thnov011.jpg
http://img706.imageshack.us/img706/3231/jvt9thnov016.jpg
http://img3.imageshack.us/img3/1076/jvt9thnov019.jpg
http://img204.imageshack.us/img204/3126/jvt9thnov004.jpg
rehan727 December 24th, 2009, 03:15 PM Hi All,
I have got a property in JVT - 2 Bed Mediterranean in District 5. As per the contract, the original anticipated completion date was Dec 2008 which they can delay by upto 1 year i.e we should have got possession by Dec 2009. I have been closely chasing up Nakheel on this. Until September / October, they had given an email confirmation saying that it would be ready by December 2009. However, upon repeated followups they have now informed that it is not being handed over this month and are NOT giving any indication to expected date.
I am sure there are many such purchasers who are being kept in Dark by Nakheel. Their inability to handover this month is breach of contractual terms.
Anyone else has any further information?
I don't have a copy of the contract with me, as my mortgage provider got the contract, and I only had 30 mins to browse through it and sign it. But I remember clearly that the delivery date was Dec 2008, and Nakheel had 1 year before penalties are imposed. However, I don't remember what the penalties were!I read the contract today. The one year extension for delivery would lapse in Dec 2009. The contract has no penalty clause for Nakheel due to delay in delivery. This can mean many things such as
-there is no penalty
-JVT LLC(Nakheel) is in breach of contract because it did not fulfill contract obligation of delivery. The contract can be considered void or terminated.
- Rules issued by authorities need to be consulted.
camelrider December 30th, 2009, 04:49 PM Today visited JVT & precisely District 9 where my 2BR Med is under construction........
Some VERY SLOW Progress has been noticed since my last visit, back in August.........
I reckon another GOOD 6 months MINIMUM for something to be close to completion - & this is NOT HANDOVER!
Nurol Labourers including Engineer on-site, said there is Very Minimal Numbers of Labourers & Stock to supply finish & completion of Villas!
Best bet DEC 2010.....??? If so, would anyone be surprised?:bash:
baba toto December 30th, 2009, 09:46 PM Today visited JVT & precisely District 9 where my 2BR Med is under construction........
Some VERY SLOW Progress has been noticed since my last visit, back in August.........
I reckon another GOOD 6 months MINIMUM for something to be close to completion - & this is NOT HANDOVER!
Nurol Labourers including Engineer on-site, said there is Very Minimal Numbers of Labourers & Stock to supply finish & completion of Villas!
Best bet DEC 2010.....??? If so, would anyone be surprised?:bash:
Sue Nakheel for breach of contract!!
rehan727 December 30th, 2009, 11:06 PM If I wanted to get my money back then yes that would be the option. We need legal advice. Anyone knows any civil lawyers who can provide sound advice?
baba toto December 30th, 2009, 11:59 PM If I wanted to get my money back then yes that would be the option. We need legal advice. Anyone knows any civil lawyers who can provide sound advice?
HKH Kenwright & Cox Solicitors - see: www.skyscrapercity.com/showthread.php?t=379115&page=7
(no-win-no-fee basis)
Also:
www.hadefpartners.com
rehan727 January 3rd, 2010, 11:40 AM Received an update from Nakheel. They have suggested(yes not definite) completion schedule of 3rd/4th quarter 2010.
nicky1980 January 4th, 2010, 08:32 PM what if the new completion dates are not acceptable to us ? Do we have any other alternative ? There was some talk of a swap deal ? What happened to that ? This is really terrible. Never expected this from Nakheel.
nicky1980 January 5th, 2010, 04:48 PM I have a very troublesome issue as well. I had taken a loan from Amlak for this property in JVC. I am liable to pay interest accrued during construction which is called profit under construction to Amlak. This is a huge amount . As and when Nakheel delays the handover, i keep accumulating interest to be paid to Amlak.This is NOT FAIR at all. Why should i pay for a delay caused by the developer. Does anyone have any suggestions on what i can do.
Lavjit January 10th, 2010, 06:18 AM Dear All,
My name is Lavjit Sra i work for Smith and Ken Real estate and i am the specialist for Jumeirah Village triangle and circle.
If anyone requires any details please call me on 0501155476
i will be happy to assist you
Lavjit Sra
lavjit.sra@smithandken.com
bayass January 10th, 2010, 08:13 PM Just wanted to let all know...
I got a call from Nakheel today. My 2 bedroom villa in District 8 - Block 8G in the Jumeirah Village Triangle is getting handed over on Feb 4, 2010.
I have 2 visits for snagging purposes, which I'm in the process of scheduling right now...
Keep the Faith... People
baba toto January 10th, 2010, 09:57 PM Just wanted to let all know...
I got a call from Nakheel today. My 2 bedroom villa in District 8 - Block 8G in the Jumeirah Village Triangle is getting handed over on Feb 4, 2010.
I have 2 visits for snagging purposes, which I'm in the process of scheduling right now...
Keep the Faith... People
:banana:
More like this please!! :cheers:
rehan727 January 11th, 2010, 03:53 PM I have a very troublesome issue as well. I had taken a loan from Amlak for this property in JVC. I am liable to pay interest accrued during construction which is called profit under construction to Amlak. This is a huge amount . As and when Nakheel delays the handover, i keep accumulating interest to be paid to Amlak.This is NOT FAIR at all. Why should i pay for a delay caused by the developer. Does anyone have any suggestions on what i can do.
Is it Shariah loan? If so then profit will not be charged to you for the period of delay cased by developer.
This information was received from DIB and you should talk to Amlak to verify this for your case.
rehan727 January 11th, 2010, 04:49 PM what if the new completion dates are not acceptable to us ? Do we have any other alternative ? There was some talk of a swap deal ? What happened to that ? This is really terrible. Never expected this from Nakheel.
Talk to Nakheel, talk to the bank(if you have taken a loan),talk to rera. You can find some solutions or options.
Old Town Resident January 12th, 2010, 02:08 PM Is it Shariah loan? If so then profit will not be charged to you for the period of delay cased by developer.
This information was received from DIB and you should talk to Amlak to verify this for your case.
Amlak will milk the last drop over the full duration.
Duration being from the day of signing the contract, to the date you get your keys.
It will also include the massive interest rate increase they applied last year (plus 2%) even although every other instituation decreased interest.
camelrider January 12th, 2010, 05:31 PM @ baba toto
Quote:Originally Posted by camelrider
Today visited JVT & precisely District 9 where my 2BR Med is under construction........
Some VERY SLOW Progress has been noticed since my last visit, back in August.........
I reckon another GOOD 6 months MINIMUM for something to be close to completion - & this is NOT HANDOVER!
Nurol Labourers including Engineer on-site, said there is Very Minimal Numbers of Labourers & Stock to supply finish & completion of Villas!
Best bet DEC 2010.....??? If so, would anyone be surprised?
Sue Nakheel for breach of contract!!
In their contract, it is written in a very 'grey area' = Handover STARTING FROM December 2009
My feeling is; HOW LONG can this delay keep going on? is there anything that RERA stipulates to HOW LONG a delay can be extended?
@ rehan727
Received an update from Nakheel. They have suggested(yes not definite) completion schedule of 3rd/4th quarter 2010.
The update you received, for which type of Villa/Town House? & in Which District?
Regards:nuts:
dwell January 12th, 2010, 07:10 PM Just wanted to let all know...
I got a call from Nakheel today. My 2 bedroom villa in District 8 - Block 8G in the Jumeirah Village Triangle is getting handed over on Feb 4, 2010.
I have 2 visits for snagging purposes, which I'm in the process of scheduling right now...
Keep the Faith... People
Hi bayass, mine is in district 8 as well but D...didnt get a call yet but i asume will be getting it soon...
pls keep us updated on the snagging and let me know how is i like.
do u know anything about the cables?? it is so close to dist 8
rehan727 January 12th, 2010, 07:30 PM @ camel rider
The update you received, for which type of Villa/Town House? & in Which District?
Regards:nuts:
JV district 9 townhouse
bayass January 16th, 2010, 07:28 PM "do u know anything about the cables?? it is so close to dist 8"
It really depends on where you villa is in District 8. Villa numbers 1,2,3 are right across from the cables...
I've cropped out the majority of district 8 from the plot map and attached it here.
http://img442.imageshack.us/img442/7652/jvtdistrict8partial.jpg
The red line is the cables. I got the distance measurements using the ruler feature of Google Earth.
I hope this helps!
Tonisop09 January 18th, 2010, 11:00 PM I have purchased a Townhouse through an agent and mortaged via Tamweel. When i reviewed the original contract it stated that the project could not be delayed by more than 12 months and the handover was to be Dec 2008, as the 12 months has expired i would rather cancel the purchase as Nakheel are in Breach of contract. I realise it is a very grey area, but i have been in contact with nakheel to record that i had my funds available and wanted to complete the sale, Nakheel however did not seem to acknowledge this as serious and hence they could not notify me when the property could be handed over or clarify any issues i had with the sale. As nakheel could not respond, i recorded that it was unreasonable to not respond and for them to not try and complete the sale is an acknowledgement that they are in breach of contract... I realise the above will probably mean nothing in the grand scheme of things... The copy of the purchase agreement that Tamweel issued me does not have the clarification of the project not being delayed by more than 12 months. Does anybody know if this is in the original contract ? or has anybody tried to pursue this option or heard of anybody using this option ? any advice or comments would be appreciated.... Thanks...
Lavjit January 20th, 2010, 12:19 PM depends if off plan or built, distance from cable and view call me if you like or private message me
ADCB January 20th, 2010, 05:41 PM I would like to know did anybody here have idea whether JVT got permanent power & water from DEWA yet? how about the District Cooling? And any landscaping works started??
baba toto January 20th, 2010, 06:30 PM I would like to know did anybody here have idea whether JVT got permanent power & water from DEWA yet? how about the District Cooling? And any landscaping works started??
Good question - Anyone know??? :)
eltel11 February 14th, 2010, 02:37 PM All, I don't know if any of you have managed to get any sort of information from Nakheel? I have continually pestered them for information and this is the latest I have received. Yet another stalling tactic....note the "...it is anticipated that the delivery date of your property will face a delay", that's good anticipation cosndering it's already 42 days in delay from receipt of their email!!!!.
Dear Mr Terry,
Hope this email finds you well,
With reference to your request number 1122314
Please note that currently all project schedules are being reviewed as part of the current restructuring process. As you will appreciate this process needs sufficient time to ensure that the interests of all stakeholders are taken into consideration. Therefore and due to circumstances beyond our control, it is anticipated that the delivery date of your property will face a delay. Whilst we cannot advise the date for completion at this time, we are working closely with our advisors and expect to be able to provide you with fuller information by the end of April, when the restructuring process is due to have been completed.
We do understand the inconvenience that this is causing and thank you for your continued patience
Should you require any further assistance please feel free to contact us.
Thanks and best regards
camelrider February 15th, 2010, 10:07 PM hi mate
I called Nakheel today, & was told that MY particular Villa Handover is ANTICIPATED for AUGUST 2010.......
Another joke I guess....... I have visited JVT ON SITE 3 times, & since August 2009, December 2009 & now last week in February 2010, very little progress has been done in my property which is in District 9.
For sure when compared to the bigger sister development in JVC, JVT is MUCH MUCH more advanced.....not that I like to do these type of comparisons, but at the end of the day all us investors are cheated by these greedy ONE WAY Traffic Developers!
hamed_r_i February 20th, 2010, 10:54 AM any news on the handover???
mtl1632005 February 23rd, 2010, 07:07 PM Today visited JVT & precisely District 9 where my 2BR Med is under construction........
Some VERY SLOW Progress has been noticed since my last visit, back in August.........
I reckon another GOOD 6 months MINIMUM for something to be close to completion - & this is NOT HANDOVER!
Nurol Labourers including Engineer on-site, said there is Very Minimal Numbers of Labourers & Stock to supply finish & completion of Villas!
Best bet DEC 2010.....??? If so, would anyone be surprised?:bash:
Hi Camelrider,
I am also an owner(God knows when) in District 9, should we form an forum and work together. We need volume to presure Nakeel. Pls kindly reply
mtl1632005 February 23rd, 2010, 07:11 PM @ camel rider
JV district 9 townhouse
Hi, this is also a district 9 owner. I sugguest we should all team up and appeal Nakeel for at least to resume working on the project. Wait for ur reply
mtl1632005 February 24th, 2010, 11:41 AM Hi,
I have just visit Nakeel office this morning and I encourage all JVT owner to visit and isue an case as Nakeel is making a big negation with all the lendors to come up an settlement. The more complain, the more serious they have to to be
camelrider February 25th, 2010, 06:19 PM Hi,
I have just visit Nakeel office this morning and I encourage all JVT owner to visit and isue an case as Nakeel is making a big negation with all the lendors to come up an settlement. The more complain, the more serious they have to to be
hi mate,
whilst Iunderstand what your effort in sort of 'making some noise'.....it is very hard against Nakheel in these difficult times of the crisis!....though I must say nothing is impossible!
I have again been in contact with Nakheel, & as usual alot of bs.......AS USUAL! I even wrote to RERA...but they are TOO BUSY to even acknowledge my complaint, which was posted on their website more than a month ago, & recently last week!
The only 'bright side' for us investors in JVT, is that more than 90% of the Villas / Townhouses have been built, comparing to even worse developments by the SAME NAKHEEL which haven't even got off ground!
Keep fingers x'd mate, but don't worry I aint giving up...everynow & then I personally go on-site & check myself what's going on, as I too am really fed up of this all!,,,,,,
We gotta wait unfortunately!!!:grouphug:
TMZ February 26th, 2010, 12:45 AM hi mate,
whilst Iunderstand what your effort in sort of 'making some noise'.....it is very hard against Nakheel in these difficult times of the crisis!....though I must say nothing is impossible!
I have again been in contact with Nakheel, & as usual alot of bs.......AS USUAL! I even wrote to RERA...but they are TOO BUSY to even acknowledge my complaint, which was posted on their website more than a month ago, & recently last week!
The only 'bright side' for us investors in JVT, is that more than 90% of the Villas / Townhouses have been built, comparing to even worse developments by the SAME NAKHEEL which haven't even got off ground!
Keep fingers x'd mate, but don't worry I aint giving up...everynow & then I personally go on-site & check myself what's going on, as I too am really fed up of this all!,,,,,,
We gotta wait unfortunately!!!:grouphug:
forget about the rera complaint system , i have sent 3 complaints ranging from March 2008 to December 2009, nothing has been done, not even a "we will get back to you" nothing at all. Rera is usless, anyone and everyone who has purchased in Dubai knows that, unfortunently they are just a bunch of fat girls/guys driving $250,000 USD Ferrari doing nothing.
and BTW you can not go against Nakheel and win, they will do anything they want anytime they want it.
ahmedfathyeid February 26th, 2010, 08:37 PM Dear all,
I just got a call from Nakheel that my 2 bed room villa in 8E is ready for handover by 18/3/2010. But i am not intersted of getting it now as i want to swap it with 2 bedroom townhouse as i just got new baby and i need more space inside the home.
So if anyone is interested to swap with me , i am ready (any phase , and no problem for me for the late delivery date)
Thank you
nicky1980 March 2nd, 2010, 10:16 AM Hello Ahmed,
Pl do send me your email address or number so i could send you details of my townhouse.
nicky1980 March 2nd, 2010, 10:19 AM also ,could you please tell me what is your villa no in district 8 E
Tonisop09 March 3rd, 2010, 05:35 PM Hi,
I have lodged a case with RERA due to the delayed handover. I have a mortage in place with TAMWEEL and when i was signing the Contract There Was A Clause in the Original Contract that the 'Handover of the Property could not be delayed by more than 1 year' However this was not in the contract Tamweel forwarded to me.. Has Anybody any Information on this clause being included or excluded in there contract? or was it in the original Contracts? i would really appreciate the feedback, thanks.
kxs March 4th, 2010, 08:01 AM Most of the Nakheel contracts, have this clause, which states that Nakheel can delay the project by up to 1 year without any ramifications. But it has been stated what would happen, once that 1 year is over; which is not very helpful.
I don't understand what you mean by "the contract Tamweel forwarded to me", there should be one contract between you and Nakheel, and the mortgage provider would simply register itself with Nakheel, so you wouldn't be able to sell the property without first paying them off.
mtl1632005 March 9th, 2010, 06:28 PM Hi Ahmed, I have TH at 9E which will be ready by Agust(expected). I am interesting in swap with u. Pls kindly forward your number or u can call me at 0504464713. many thanks. br william
hamed_r_i April 3rd, 2010, 01:08 PM http://www.nakheel.com/en/news/nakheel-launches-comprehensive-recapitalisation-plan
some good news.............Finally!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
TMZ April 3rd, 2010, 03:31 PM that does not mean anything lol, watch another 6 months and you are still where you are today
camelrider April 13th, 2010, 11:39 PM that does not mean anything lol, watch another 6 months and you are still where you are today
You could not have said it BETTER!
I have visited JVT ON SITE 4 times this year, ONCE EVERY MONTH! & yeah I was BLOODY Disappointed, but NOT SURPRISED!
Hardly anything is going on, & with this rate of development, I bet most of the Villas would not be handed to us BEFORE DECEMBER 2010....EARLIEST!
I was told by Nakheel, that I should have my Villa handed to me in August 2010...but I will not be surprised if the delay is longer!
If they really wanted, my Villa would be handed to me within 2 months MAXIMUM......but it would only happen in a NORMAL World!!:ohno:
JVT April 14th, 2010, 10:22 PM Dear All,
On 12.04.2010 Nakheel has contacted me and… :
My Villa in District 8V will be ready for hand over on 12.05.2010
Some other info you might be interested with:
Major media suppliers:
DU, DEWA, Lootah GAS
Major charges:
- Master Community – from 12.05.2010 till 31.12.2010 – 8,250 Dhs (10,300 – 20% discount for “timely payment” IoI)
- Land Registration – 15,250 Dhs (my approx plot size is 7,300)
I hope it will help and... Good luck Dear Neighbours!
Regards,
W
ZZ 101 April 17th, 2010, 02:38 PM I also am the owner of a villa in disctrict 7, due for handover Dec 2009. THe majority of work has been done, I believe its only a couple of months away from completeion. There has been no progress on the villa over the past few months. I have been in constant contact with Nakheel but seem to get the standard answer, until now ..I have been told that the new hand over dates will be released end of April ? I have been to site today nothing happening in ditrict 7 although lots of ladders and buckets lying around which were previously not there.
Pradeep123456 April 18th, 2010, 01:21 PM Join us on facebook
http://www.facebook.com/home.php#!/group.php?gid=110216132349506
dingdong74 May 4th, 2010, 04:35 PM does anyone have news if there are workers back on nakheel townhouses in the circle
mtl1632005 May 5th, 2010, 09:48 PM Hi Lads and Gents,
Should we make a gathering this Friday morning on site 9:00am.
Pls post ur reply if u can make it! See u//William
You could not have said it BETTER!
I have visited JVT ON SITE 4 times this year, ONCE EVERY MONTH! & yeah I was BLOODY Disappointed, but NOT SURPRISED!
Hardly anything is going on, & with this rate of development, I bet most of the Villas would not be handed to us BEFORE DECEMBER 2010....EARLIEST!
I was told by Nakheel, that I should have my Villa handed to me in August 2010...but I will not be surprised if the delay is longer!
If they really wanted, my Villa would be handed to me within 2 months MAXIMUM......but it would only happen in a NORMAL World!!:ohno:
ZZ 101 May 10th, 2010, 03:29 PM Where on site are you meeting ?
syhab444 May 13th, 2010, 09:17 AM Hi There,
Have you moved in or planning to rent. I am expecting delivery NOW as Nakheel calims that they have sent the letters for 8L but dont know for how long will Tamweel sit on them:)
Lets see.
Thanks for the info you posted and would love to ctch up with you for more details.
Regard
Dear All,
On 12.04.2010 Nakheel has contacted me and… :
My Villa in District 8V will be ready for hand over on 12.05.2010
Some other info you might be interested with:
Major media suppliers:
DU, DEWA, Lootah GAS
Major charges:
- Master Community – from 12.05.2010 till 31.12.2010 – 8,250 Dhs (10,300 – 20% discount for “timely payment” IoI)
- Land Registration – 15,250 Dhs (my approx plot size is 7,300)
I hope it will help and... Good luck Dear Neighbours!
Regards,
W
camelrider May 15th, 2010, 05:01 PM Where on site are you meeting ?
hi,
sorry for late reply / acknowledgement. Was away,just back in town.
Was any sort of meeting held? anyone of 'US' has received any update or info re JVT?
Look forward to hear some positive news.. :dj: ..INSH'ALLAH........
sophia6396 May 17th, 2010, 03:57 PM Please contact Hugh from THE NATIONAL he is doing an article on JVT Villa owners/delays etc his number is 050-998-1855, also if there are any meetings count me please! I will check the FB group for updates.
Also I have just received this rather lame response from NAKHELL today:
Dear ,
As a follow-up to your phone call this morning, I would like to share that I obtained feedback from the Project Team and your property is unfortunately not eligible for early handover – We look forward to inform you the new handover dates, as soon as we are thru the re-structuring process.
Kind regards,
Maricruz Franceschi
Customer Confidence | Customer Service | Nakheel PJSC
tyehia May 18th, 2010, 08:26 AM Please contact Hugh from THE NATIONAL he is doing an article on JVT Villa owners/delays etc his number is 050-998-1855, also if there are any meetings count me please! I will check the FB group for updates.
Also I have just received this rather lame response from NAKHELL today:
Dear ,
As a follow-up to your phone call this morning, I would like to share that I obtained feedback from the Project Team and your property is unfortunately not eligible for early handover – We look forward to inform you the new handover dates, as soon as we are thru the re-structuring process.
Kind regards,
Maricruz Franceschi
Customer Confidence | Customer Service | Nakheel PJSC
After many trials to reach this lady below as advised by customer service as she is the one who knows the updates for JV and for sure she never answers the phone. i filed a request for my townhouse updates and thats the reply i received from Nakheel. Not the first time to receive such response though.
"Please be advised that that currently all Nakheel project schedules are currently being reviewed as part of the current restructuring process. Therefore it is anticipated that the delivery date of your properties will face a delay. Unfortunately we cannot advise the date for completion at this time, as we are working closely with all parties involved and are focusing on getting into a position to proceed with delivery of the project as soon as possible and expect to be able to provide you with fuller information in the forthcoming coming weeks"
Kind regards,
Dima El Kheir
Customer Relationship Officer | Customer Service Centre | Nakheel PJSC
camelrider May 18th, 2010, 10:08 PM SAME SH!T I Received........
Well, at least Ms.Maricruz had the 'guts' to call me back, after I felt like exploding through emails !!!
I understand her position being just an employee with Nakheel...
It's Nakheeel & THEIR BULLSH!T that pisses all of us off!:bash:
tyehia May 24th, 2010, 09:07 AM Nakheel home buyers seek talks over delayed project
by Jason on Friday, 21 May 2010
Investors who bought homes on a delayed project by troubled Dubai developer Nakheel are hiring a law firm to represent them as they seek negotiations with the company, a spokeswoman said on Thursday.
"Nakheel have recently informed owners of further delays of at least five to 10 years," said Aarti Chana, spokeswoman for Palm Jebel Ali Homeowners.
"The owners voiced major concern over the fact that Nakheel's statement has broken key terms in our contract without seeking owners agreement," she said.
A Nakheel spokeswoman declined to comment, when reached by Reuters by telephone.
The builder of the palm shaped island, one of three off Dubai's coast on the Gulf, repaid a $980 million Islamic bond on schedule earlier in May.
Its parent company, state-owned conglomerate Dubai World reached a deal in principle to restructure $23.5 billion in debt with core lenders holding 60 percent of the exposure.
The developer has restarted work on some of its projects put on hold as a result of the global economic downturn, local newspapers have reported.
"Why not Palm Jebel Ali? That is what we want to know," Peter Frayling, UK investor and group board member, told some 60 home buyers assembled at a meeting. "We want them to build today."
"There wasn't much hope for us when we thought Nakheel was going bankrupt but at least now they have some money and they should start our projet."
Among its high-profile projects that have been put on hold or cancelled as a result of the global downturn are a kilometre-high tower and the $789.5 million Trump Tower, a project designed by property magnate Donald Trump.
Frayling said negotiation was the preferred course for the group. "In terms of litigation, we are not at that stage yet."
Investors in the developer's Palm Jebel Ali have been offered options, including staying in the project, swapping the project into near-term projects or getting the cash back after five years without interest, Chama said.
Investors say they are unhappy with the developer's offer of alternative properties, saying that they are unacceptable.
"Alternative properties they are offering us are much more expensive," a UK investor told Reuters, declining to be named. "We don't want our cash back we want Nakheel to build."
Nakheel planned to build 1,300 villas by mid-2008. The project was launched in 2003.
While most investors have paid as much as 30 percent of the total cost of the properties, some have paid up to 50 percent. (Reuters)
italiano_pellicano June 1st, 2010, 03:30 AM what is the price of a house in this area
hamed_r_i June 20th, 2010, 11:03 AM I spoke to a lady in Nakheel called Dima, she is supposed to be the one handling Jumeirah Village, previously in March she said that Nakheel is speaking to the contractors to renegotiate their agreements for them to start again and by the end of March they will start construction again.
I called again today to get news on districts 9M and 8T, she basically said that she has no news whatsoever on start or completion dates!! I asked her if it will take a year, 2, or is it cancelled???!!!!
She replied: “I have no idea and anything is possible”
Something has to be done………specially for people like us that have mortgages on the properties and are paying monthly installments for NOTHING!!!!
Please HELPPPPPPPPPPPPPPPPPPPP:?
camelrider July 10th, 2010, 12:30 PM I spoke to a lady in Nakheel called Dima, she is supposed to be the one handling Jumeirah Village, previously in March she said that Nakheel is speaking to the contractors to renegotiate their agreements for them to start again and by the end of March they will start construction again.
I called again today to get news on districts 9M and 8T, she basically said that she has no news whatsoever on start or completion dates!! I asked her if it will take a year, 2, or is it cancelled???!!!!
She replied: “I have no idea and anything is possible”
Something has to be done………specially for people like us that have mortgages on the properties and are paying monthly installments for NOTHING!!!!
Please HELPPPPPPPPPPPPPPPPPPPP:?
unfortunately = SAME SH!T I was told..............Just bloody CHEATS!:wallbash:
baba toto July 10th, 2010, 04:17 PM unfortunately = SAME SH!T I was told..............Just bloody CHEATS!:wallbash:
You need to consider taking legal action. This way, at least the end result will be within a certain time frame. RERA is and will remain useless and how long it will take them to take any action, if ever, is anybody's guess...
:ohno:
camelrider July 14th, 2010, 11:10 PM You need to consider taking legal action. This way, at least the end result will be within a certain time frame. RERA is and will remain useless and how long it will take them to take any action, if ever, is anybody's guess...
:ohno:
According to Nakheel's Contract, it is stipulated that;
"HANDOVER STARTING FROM DECEMBER 2008"......
Do you understand this? it's NOT a Handover date.......just an ANTICIPATED date...
It is true a FEW Properties have been handed over...but when one takes into consideration the progress Month AFTER Month...Year AFTER Year, then it is like a dead end, it seems.....& to be told by Nakheel Staff, "At least you are lucky, you property is being built & OFF the ground".. yeahhhhh right....! HOW LOW CAN THEY GO???
Although there needs to be a TIME FRAME where one should/could expect a handover!
Nakheel DO NOT EVEN TRY to inform us as INVESTORS of ANY PROGRESS, If ANY.......so when Investors decide to obtain 2nd hand info/pictures of the PRESENT STATUS of Construction, then surely this leaves much to be desired from the main developer - NAKHEEL.....
If NAKHEEL are in SH!T, it is definitely NOT OUR FAULT, as most of us have paid according to Nakheel's payment Schedule!
Commencing Legal Action is not easy in this part of the World, & especially NAKHEEL being WHO THEY ARE!!!
RERA... ha ha.. ANOTHER Joke! I tried contacting them SEVERAL Times, without success..just another waste of time & resources......
It's a tough life out here dealing with cheats!
We wait & see & still thinking about what needs & what CAN be done from our side as Investors!.......:dunno:
HH JAD July 15th, 2010, 03:47 PM According to Nakheel's Contract, it is stipulated that;
"HANDOVER STARTING FROM DECEMBER 2008"......
Do you understand this? it's NOT a Handover date.......just an ANTICIPATED date...
It is true a FEW Properties have been handed over...but when one takes into consideration the progress Month AFTER Month...Year AFTER Year, then it is like a dead end, it seems.....& to be told by Nakheel Staff, "At least you are lucky, you property is being built & OFF the ground".. yeahhhhh right....! HOW LOW CAN THEY GO???
Although there needs to be a TIME FRAME where one should/could expect a handover!
Nakheel DO NOT EVEN TRY to inform us as INVESTORS of ANY PROGRESS, If ANY.......so when Investors decide to obtain 2nd hand info/pictures of the PRESENT STATUS of Construction, then surely this leaves much to be desired from the main developer - NAKHEEL.....
If NAKHEEL are in SH!T, it is definitely NOT OUR FAULT, as most of us have paid according to Nakheel's payment Schedule!
Commencing Legal Action is not easy in this part of the World, & especially NAKHEEL being WHO THEY ARE!!!
RERA... ha ha.. ANOTHER Joke! I tried contacting them SEVERAL Times, without success..just another waste of time & resources......
It's a tough life out here dealing with cheats!
We wait & see & still thinking about what needs & what CAN be done from our side as Investors!.......:dunno:
Here's the deal -
1. Jum Village sold at low prices with maximum (90%) payment taken so far.
2. Jum Park sold at higher prices with medium (60%) payment taken so far.
3. Al Furjan sold at highest prices with least (40%) payment taken so far.
Maximum money yet to be collected is from Al Furjan, then Jum Park and least of all from Jum Village. Where do you suppose they will focus on right now. Check for updates on Al Furjan; work is going on full swing.
Bottom-line is they know that even if they dont deliver the Jum Village villas to you they dont have to worry about over priced stock for which least money has been paid-up. With Furjan & Jum park the situation is exactly the reverse. If they dont deliver fast they will end up stting with loads of expensive stock for which not much has been paid-up yet.
podium July 17th, 2010, 04:12 PM HH ' check for updates on Al Furjan; work is going on full swing'/!
Where in heavens name did you get that information?
I drive past the site every single day, and I've not seen a brick move this year. Sorry to say this but Arabtec have completely abandoned the site! If the buyers are only 40% in, then the defaults must be 'through the roof'.............the units are certainly worth 40% less than they were two years ago. Shame really, it was beginning to look quite nice.
camelrider July 21st, 2010, 06:57 PM @HH JAD
Here's the deal -
1. Jum Village sold at low prices with maximum (90%) payment taken so far.
2. Jum Park sold at higher prices with medium (60%) payment taken so far.
3. Al Furjan sold at highest prices with least (40%) payment taken so far.
Maximum money yet to be collected is from Al Furjan, then Jum Park and least of all from Jum Village. Where do you suppose they will focus on right now. Check for updates on Al Furjan; work is going on full swing.
Bottom-line is they know that even if they dont deliver the Jum Village villas to you they dont have to worry about over priced stock for which least money has been paid-up. With Furjan & Jum park the situation is exactly the reverse. If they dont deliver fast they will end up stting with loads of expensive stock for which not much has been paid-up yet.
Whilst I understand what tou are 'trying' to say, it still means close to 'nothing' to US INVESTORS!!
It's about time somthing serious is done for a solution to our Investments!:ohno:
baba toto July 22nd, 2010, 10:04 AM According to Nakheel's Contract, it is stipulated that;
"HANDOVER STARTING FROM DECEMBER 2008"......
Do you understand this? it's NOT a Handover date.......just an ANTICIPATED date...
It is true a FEW Properties have been handed over...but when one takes into consideration the progress Month AFTER Month...Year AFTER Year, then it is like a dead end, it seems.....& to be told by Nakheel Staff, "At least you are lucky, you property is being built & OFF the ground".. yeahhhhh right....! HOW LOW CAN THEY GO???
Although there needs to be a TIME FRAME where one should/could expect a handover!
Nakheel DO NOT EVEN TRY to inform us as INVESTORS of ANY PROGRESS, If ANY.......so when Investors decide to obtain 2nd hand info/pictures of the PRESENT STATUS of Construction, then surely this leaves much to be desired from the main developer - NAKHEEL.....
If NAKHEEL are in SH!T, it is definitely NOT OUR FAULT, as most of us have paid according to Nakheel's payment Schedule!
Commencing Legal Action is not easy in this part of the World, & especially NAKHEEL being WHO THEY ARE!!!
RERA... ha ha.. ANOTHER Joke! I tried contacting them SEVERAL Times, without success..just another waste of time & resources......
It's a tough life out here dealing with cheats!
We wait & see & still thinking about what needs & what CAN be done from our side as Investors!.......:dunno:
Have you at least spoken to a lawyer? In some cases the contract may not apply; I am no legal expert but I would have thought that various facts need to be considered e.g. delivery date, current development status, stage of development....
I have filed a case against an off plan property in a low rise building planned in JVT...
camelrider August 8th, 2010, 12:55 PM hi All,
just a small update.......
AGAIN visited JVT 'On-Site' & NO SIGN of any workers & / or ANY CONSTRUCTION Works going on!
Managed to barge my way in the contractor's on-site offices, spoke to the project manager Mr.S, & another Manage from Nakheel side, & they said "talk were on-going" to resume works possibly AFTER Ramadan.........
In short IF THIS REALLY MATERIALISES, then we can HOPE that some of our properties can be completed & handed on to us.....
& yes....... using the magic word "INSH'ALLAH" :gaah:
hamed_r_i September 5th, 2010, 10:04 AM has anyone got any news on this project?
eltel11 September 7th, 2010, 10:48 AM has anyone got any news on this project?
Hamed, are you referring to JVT or JVC? I last spoke to Nakheel a few weeks back regarding JVC and they advised that they hope to re-commence works on site around November which seems to coincide with what has been said in the local press recently. I'm not holding my breath on this as i've been told the same thing on previous occasions but what to do :dunno:
I have a 1 bed TH in JVC district 12 and at the earliest I would hope it would be handed over by this time next year!!! May be a bit ambitious though!!!
abdullahi September 11th, 2010, 06:47 PM I have a 1 bed TH in JVC district 12 and at the earliest I would hope it would be handed over by this time next year!!! May be a bit ambitious though!!![/QUOTE]
Very ambitious, why would the Contractors ever come back to finish either the infrastructure or the townhouses when neither will ever be paid in full.
eltel11 September 15th, 2010, 06:34 AM I have a 1 bed TH in JVC district 12 and at the earliest I would hope it would be handed over by this time next year!!! May be a bit ambitious though!!!
Very ambitious, why would the Contractors ever come back to finish either the infrastructure or the townhouses when neither will ever be paid in full.[/QUOTE]
Does this mean that you think the project will remain as it is for ever more?
In my opinion, whether or not the Contractor will ever be paid in full will not determine the outcome of the project, the conditions of Contract into which they entered will determine the outcome of the project as this may well allow the Employer to mobilise another Contractor on site.
Either way, it's all hear say and to be honest I don't believe anything that Nakheel tell me as they've told so many lies in the past.
abdullahi September 22nd, 2010, 11:03 PM Does this mean that you think the project will remain as it is for ever more?
More than likely!
My company has also be lied to for the last 2 years about payments, and until cash (Not credit notes) is received we have no intention of fully mobilizing.
eltel11 September 23rd, 2010, 07:59 AM Does this mean that you think the project will remain as it is for ever more?
More than likely!
My company has also be lied to for the last 2 years about payments, and until cash (Not credit notes) is received we have no intention of fully mobilizing.
Reports over the past couple of days say that Nakheel should be re-commencing all short term projects by October 2010, I hope this isn't more 'pie in the sky'!! I presume by short term projects they mean the likes of Al Furjan, Jumeirah Village C&T, Jumeirah Islands and Jumeirah Park.....here's hoping!! :ohno:
Hope your company get paid there dues soon....
rowood October 1st, 2010, 02:52 PM As an owner of a Villa in this district I made another visit to the site managers office on 30th September. There are no workers on site, the site manager informed me that there is no news on when work will re commence, and the rumours he has heard is that the Nakheel will be asking companies to tender to complete the work. The contractor has been paid some of the money they are owed but those funds have been frozen by the bank as they owe money to third partys. I spoke to Nakheel customer services prior to my visit and they were there usual sorry we have no news. I also managed to speak to someone at Nakheel (Director of Construction) over the phone ( he wasnt happy that I managed to have his mobile number ), and he said his hands are tied and he couldnt tell me anything.
eltel11 October 3rd, 2010, 10:18 AM As an owner of a Villa in this district I made another visit to the site managers office on 30th September. There are no workers on site, the site manager informed me that there is no news on when work will re commence, and the rumours he has heard is that the Nakheel will be asking companies to tender to complete the work. The contractor has been paid some of the money they are owed but those funds have been frozen by the bank as they owe money to third partys. I spoke to Nakheel customer services prior to my visit and they were there usual sorry we have no news. I also managed to speak to someone at Nakheel (Director of Construction) over the phone ( he wasnt happy that I managed to have his mobile number ), and he said his hands are tied and he couldnt tell me anything.
Unless Nakheel have carried out a comprehensive review of the works during the time which the works have been on hold then re-tendering the works will be a timely process. Many of the buildings are semi-built and therefore any newly appointed Contractor will have to assume full liability for the existing works this will increase the duration of the tendering period as each of the Contractors will want to fully inspect all the works previously carried out. Depending on how Nakheel decided to tender the works it may take them months to get a Contractor appointed and mobilised on site.
I just wish for once they would provide some honest information and adhere to it.
camelrider October 3rd, 2010, 08:05 PM Unless Nakheel have carried out a comprehensive review of the works during the time which the works have been on hold then re-tendering the works will be a timely process. Many of the buildings are semi-built and therefore any newly appointed Contractor will have to assume full liability for the existing works this will increase the duration of the tendering period as each of the Contractors will want to fully inspect all the works previously carried out. Depending on how Nakheel decided to tender the works it may take them months to get a Contractor appointed and mobilised on site.
I just wish for once they would provide some honest information and adhere to it.
Unfortunately that word is non in this part of the world's vocabulary!! We are all in the same boat!:bash:
camelrider October 3rd, 2010, 08:06 PM Unless Nakheel have carried out a comprehensive review of the works during the time which the works have been on hold then re-tendering the works will be a timely process. Many of the buildings are semi-built and therefore any newly appointed Contractor will have to assume full liability for the existing works this will increase the duration of the tendering period as each of the Contractors will want to fully inspect all the works previously carried out. Depending on how Nakheel decided to tender the works it may take them months to get a Contractor appointed and mobilised on site.
I just wish for once they would provide some honest information and adhere to it.
Unfortunately that word is NOT in this part of the world's vocabulary!! We are all in the same boat!:bash:
camelrider October 25th, 2010, 08:59 PM has anyone received text messages 'SMS' from Nakheel, so that we update Nakheel with our contact details, so that Nakheel can update us with any progress?
Wow.. what a surprise!!!! And ABOUT TIME TOO....Last communication I received from them was way back in the end of 2008!
Cayman October 26th, 2010, 04:24 AM I am sorry if this may sound in-sensitive to those who are patiently awaiting the delivery of their homes, but I have a quesiton with regards to extension to the houses that were delivered.
It was said sometime ago that approval could be obtained to add more space / rooms. Has anyone done this?
eltel11 October 26th, 2010, 06:36 AM has anyone received text messages 'SMS' from Nakheel, so that we update Nakheel with our contact details, so that Nakheel can update us with any progress?
Wow.. what a surprise!!!! And ABOUT TIME TOO....Last communication I received from them was way back in the end of 2008!
Camelrider, I got the same text from Nakheel yesterday. They had told me previously that they would be updating all customers before the end of October. I had been given similar promises on previous occasions which had never materialised however this time they do seem to be serious.
I called Nakheel and made sure they had all my details correct and the customer rep. believed that we should have the revised programmes within a maximum of 2 weeks so fingers crossed we do and the news is positive.
I'll let you know when or if I recieve any info - i'm in district 12 in the circle.
eltel11 October 26th, 2010, 06:41 AM I am sorry if this may sound in-sensitive to those who are patiently awaiting the delivery of their homes, but I have a quesiton with regards to extension to the houses that were delivered.
It was said sometime ago that approval could be obtained to add more space / rooms. Has anyone done this?
Cayman, I know people have definitely done this. I recently saw a 1 bed TH advertised on dubizzle for rent which had been converted to a 2 bedroom. I would like to do the same thing with my TH so I contacted the person who was advertising and they said they had done it relatively easily. Unfortunately they had already rented the place and I wasn't able to go and view it (have a nosey at what they had done). If my memory serves me correctly i'm sure they said they didn't have to obtain permission to carry out the works......
camelrider October 28th, 2010, 07:45 PM I am sorry if this may sound in-sensitive to those who are patiently awaiting the delivery of their homes, but I have a quesiton with regards to extension to the houses that were delivered.
It was said sometime ago that approval could be obtained to add more space / rooms. Has anyone done this?
I believe TRAKHEES & PROPMODIFICATIONS 'in-house' departments of Nakheel were taking care of this. However a considerable time has gone by since this was communicated, so would not be surprised once again if this has been changed!
It will be good to contact Nakheel & re-confirm if these 2 departments are still up & running!........
Until then... it's a GOOD GUESS!!.... I also contacted Nakheel & AGAIN no credible info was passed to me on the phone to me, even though it looked 'so rosy' in the media that Nakheel have agreed terms with most contractors on the work to be resumed........:nuts:
Cayman October 30th, 2010, 02:01 PM Thanks eltel11 and camelrider.
Very interesting to see how the 1BR town house was modified without permission.
Perhaps Nakhee does not care, since they have a larger pile of feces to dea with than policing the neighborhood for modifications?
Cayman October 30th, 2010, 02:03 PM Guys,
Any idea on how much the 2 bed stand along villas are going for thesedays?
I have seen prices advertised between 1.38M-1.8M, but would like to know the actual transaction prices, if someone cold throw some light.
camelrider October 30th, 2010, 05:48 PM Guys,
Any idea on how much the 2 bed stand along villas are going for thesedays?
I have seen prices advertised between 1.38M-1.8M, but would like to know the actual transaction prices, if someone cold throw some light.
You have 2 choices with 2 options it seems!
Those Villas that are ready to move in to, or those under construction
Those Villas in a 'good location', that is in the Centre of the Community (away from the overhead power cables), & those exactly under the power cables!
If you choose, those which are ready to be handed over & which are located in Centre of the Community, then expect to see an asking price of approx AED1.9m,
whilst, if you choose one which is still under construction or under the cables, prices range from O.P to around AED1.4m.....
If you want a bargain, & you'll be lucky to find an investor who wants to get rid of his property asap, then, you might find one at a very good price around O.P.......
But of course, when one comes to sign & negotiate it could also be a different story!
If you manage to get a good deal, & then be ready to extend your BUA, then you are even looking at a better deal, once all is complete, because the price for BUA has gone low now, compared to what the Developer was charging....& modifications can only be done, once the property has been handed over!
Cayman October 30th, 2010, 08:28 PM ^^
Thanks a million camelrider.
If I may ask, what was the OP?
Also, who is the general contractor? Arabtec?
Thanks again.
JVT Victim November 17th, 2010, 10:04 AM Any news about JVT
camelrider November 19th, 2010, 09:14 PM Any news about JVT
Today,
visited JVT On-Site, & GUESS WHAT??????
NO CHANGE.....or let's try to be positive.....
The ONLY noticeable improvement in construction was that the 'PAVEMENT' was nearly finished!
Other than that...NOTHINGGGGGGGGGG
JUST A BAG OF LIES from NAKHEEL & all those broadcasting on TV/Media/Newspapers.....just a BAG OF LIES.....
Unfortunately ACTING & not living, & most of ALL living a LIE is the STRONGEST VALUE that exists in the UAE's Culture! It would have been better for NAKHEEL to say NOTHING on the news, instead of ONCE AGAIN try to fool us with more lies!
Just don't believe any crap you are told, unless you personally go on-site or receive authentic pictures of your property...IF...you know what you have bought & where your property stands.....
Honestly I was not surprised with what I saw today.....but still feel annoyed!
Remember one thing.... "FEAR For the WORST"....& you won't be disappointed!
JVT Victim November 20th, 2010, 05:24 AM Today,
visited JVT On-Site, & GUESS WHAT??????
NO CHANGE.....or let's try to be positive.....
The ONLY noticeable improvement in construction was that the 'PAVEMENT' was nearly finished!
Other than that...NOTHINGGGGGGGGGG
JUST A BAG OF LIES from NAKHEEL & all those broadcasting on TV/Media/Newspapers.....just a BAG OF LIES.....
Unfortunately ACTING & not living, & most of ALL living a LIE is the STRONGEST VALUE that exists in the UAE's Culture! It would have been better for NAKHEEL to say NOTHING on the news, instead of ONCE AGAIN try to fool us with more lies!
Just don't believe any crap you are told, unless you personally go on-site or receive authentic pictures of your property...IF...you know what you have bought & where your property stands.....
Honestly I was not surprised with what I saw today.....but still feel annoyed!
Remember one thing.... "FEAR For the WORST"....& you won't be disappointed!
Dear Camelrider and all JVT investors,
1-All what you heard from Nakheel about resuming construction in september,and then October,and lately November........................all are false.
2-I visited the site lately ,no activity what so ever any where.
3- Dima and Khadijah who are responsible for JVT queries are not responding to telephone calls or emails since 6 months.
4-When I called Nakheel to update my contact details and ask about updating ,I was referred to a Phippino lady who told me( as usual ) that they have no information when work will resume in JVT,but she assured me that the target of nakheel is to deliver JVT not after 2012 !!!!!!!!!!!!!!!!!!
5-I think they will continue to play games with us unless we show them some seriousness and think as a group to file a case against them in the court and ask for compensation.
camelrider November 20th, 2010, 10:32 AM @ JVT Victim
4-When I called Nakheel to update my contact details and ask about updating ,I was referred to a Phippino lady who told me( as usual ) that they have no information when work will resume in JVT,but she assured me that the target of nakheel is to deliver JVT not after 2012 !!!!!!!!!!!!!!!!!!
Can you elaborate PRECISELY & CONCISELY please?
When you say not after 2012, does it mean BY 31st December 2012, & BEFORE 1st January 2013?
JVT Victim November 20th, 2010, 10:51 AM @ JVT Victim
Can you elaborate PRECISELY & CONCISELY please?
When you say not after 2012, does it mean BY 31st December 2012, & BEFORE 1st January 2013?
Hi Camelrider,
She said that by the end of 2012 all projects under construction should be delivered.
They dont give precise dates at all ,they always give floating promises.
Any way they do not respect their promises.
izziere November 23rd, 2010, 05:55 AM Hi Camelrider,
She said that by the end of 2012 all projects under construction should be delivered.
They dont give precise dates at all ,they always give floating promises.
Any way they do not respect their promises.
Respecting promises is the prerogative of the rich. It's hard to respect your promises when you are broke and have no money to do so. Nakheel has no money, the money you paid them has not been sitting in a separate account building only your property, it has been mixed with general funds and used to reclaim land or dig holes for nonsense mothballed projects.
Buyers and sellers are both part of the problem (the speculative bubble) and part of the solution. For those wanting to live in their villa, patience will reward you. For those who saw it as an investment, time will dull the pain. Driving round the JVT area makes it patently clear that the property oversupply is going to get worse before it gets better and that is not good for prices.
camelrider November 24th, 2010, 12:59 PM Respecting promises is the prerogative of the rich. It's hard to respect your promises when you are broke and have no money to do so. Nakheel has no money, the money you paid them has not been sitting in a separate account building only your property, it has been mixed with general funds and used to reclaim land or dig holes for nonsense mothballed projects.
Buyers and sellers are both part of the problem (the speculative bubble) and part of the solution. For those wanting to live in their villa, patience will reward you. For those who saw it as an investment, time will dull the pain. Driving round the JVT area makes it patently clear that the property oversupply is going to get worse before it gets better and that is not good for prices.
I bought my Villa WITH THE INTENTION of LIVING IN IT & ACTUALLY MOVING IN according to what Nakheel HAD STATED with their false promise of 'HANDOVER from DECEMBER 2008......'
Perhaps I was too 'naive' to BELIEVE them!
We'll see WHEN PATIENCE WILL ACTUALLY Reward us....one day....one day...one day.....BUT WHICH Year???:ohno:
The thing that annoys me, is all the LIES they broadcast & also lack of INFO..IF any......
And paying Interest instead of my principle covering the mortgage...
But YEAHHHH RIGHT.. they can delay as much as they deem fit so......
NOW...IMAGINE one of US INVESTORS, delays paying Nakheel a Payment......take a GUESS what might happen to you & your property???!!:wallbash:
spiderwoman November 24th, 2010, 11:26 PM Does anyone have any idea what the story is on District 9 in the Triangle? Has anything been built there?
camelrider November 25th, 2010, 07:17 PM Does anyone have any idea what the story is on District 9 in the Triangle? Has anything been built there?
Depending in which 'ROW' your villa is, can give you an answer.....
District 9 most villas construction are either;
WORST CASE SCENARIO = Built in Shell form, some with A/C ducting nearly complete, others JUST shell form WITHOUT A/C ducting.
BEST CASE SCENARIO = I'd say 90& complete finish, wiht windows, but no glass panes & without doors...but could be very well handed over WITHIN a MONTH or 2 Maximum.
But still, NOTHING happening, we have to wait n see WHEN work will FINALLY BE RESUMED!!!:bash:
spiderwoman November 27th, 2010, 12:29 AM Hi Camelrider, thanks for that - the town house reference is JVT09E2TH012 - does that at all tell you which row it is in? Would be much obliged if you are able to shed further light on what the status is? Much much appreciated.
camelrider November 28th, 2010, 11:10 AM Hi Camelrider, thanks for that - the town house reference is JVT09E2TH012 - does that at all tell you which row it is in? Would be much obliged if you are able to shed further light on what the status is? Much much appreciated.
JVT09E2TH012
JVT = Jumeirah Village Triangle
09 = District 9
E = Row E
2TH = 2 bedroom t/h
012 = building no.12
I wasn't planning to do another on-site visit for now, because you might understand I have wasted enough time already visiting & ALWAYS ending with a DISAPPOINTING 'result'!
However, the 1st time I go, I'll check out for you, perhaps I can also get some pictures along too ;)
Don't keep your hopes too high.....just wait. like WE HAVE TO DO, as unfortunately we are ONLY told lies, IF ANY info gets to us!
If you need an aerial view through google maps or google earth, I can upload one, unless you are able to do so yourself. Although at times google takes time to 'refresh' us with latest aerial images, keep in mind this time it's not the case, as NO WORK has been done in 2010, so no matter how old the aerial images are, they still reflect the present state of construction !
spiderwoman November 29th, 2010, 11:55 PM Thanks very much, I can't tell you how grateful I would be for any assistance you can offer.
tyehia December 16th, 2010, 06:08 AM Camelrider, i have very similar situation like yours. please send me your details on this email tarekbarbary@hotmail.com. i want to discuss with you possible actions to be taken.
thanks,
Tarek
I bought my Villa WITH THE INTENTION of LIVING IN IT & ACTUALLY MOVING IN according to what Nakheel HAD STATED with their false promise of 'HANDOVER from DECEMBER 2008......'
Perhaps I was too 'naive' to BELIEVE them!
We'll see WHEN PATIENCE WILL ACTUALLY Reward us....one day....one day...one day.....BUT WHICH Year???:ohno:
The thing that annoys me, is all the LIES they broadcast & also lack of INFO..IF any......
And paying Interest instead of my principle covering the mortgage...
But YEAHHHH RIGHT.. they can delay as much as they deem fit so......
NOW...IMAGINE one of US INVESTORS, delays paying Nakheel a Payment......take a GUESS what might happen to you & your property???!!:wallbash:
sophia6396 December 30th, 2010, 10:49 AM We are still awaiting delivery for our JV Villa after paying 3 mil for it two years ago, I also noticed there has not been any progress at the site, if anybody wants any assistance to take legal actions then please count me in. I despise Nakheel and the way they treat customers! I don't think this kind of daylight robbery would be allowed in any civilized country.
ZakNaz December 31st, 2010, 01:57 AM Greetings,I am Zak and my wife Naz,recently found this site and we must say we have read all the comments from all of the members.
We have 2 bed villa in JVC in district 16 I .We got the same promises from Nakheel and careless frustating reply regarding the unknown hand over update. 2010 is over and we had enough of waiting.
Our property is financed by Amlak who is piling up our so called "Advance rental payment" to the hand over date which has reached today to 350000 aed. This amount does not even deduct from the principle borrowed amount!!!???..
Our last visit to the construction site was in early dec 2010.No contruction!!!
Previous to that we visitedthe construction site in Oct 2010. The only person we saw was the watch man for the site, we took the site engineer contact from the old hanging sign board who claimed that he does not work with "AlMaraikhi Contractor" assigned for this site any more,he informed us that it has been one year since the construction STOPED due to lack of payments from Nakheel ?
Why Nakheel did not inform us about that is what i do not understand.While our banks kept payments as per payment plan then.!!?
Myself and my wife are ready to team up and hire a good lawfirm.
please any one to tip us on a good law firm or lawyer?
as we cant afford to gamble with deadend useless lawyers.
We used to take pride to live and work here.Now Because of what nakheel is doing or NOT DOING we are Slaves in this city of life....HAppy new Year..
baba toto December 31st, 2010, 09:55 PM Greetings,I am Zak and my wife Naz,recently found this site and we must say we have read all the comments from all of the members.
We have 2 bed villa in JVC in district 16 I .We got the same promises from Nakheel and careless frustating reply regarding the unknown hand over update. 2010 is over and we had enough of waiting.
Our property is financed by Amlak who is piling up our so called "Advance rental payment" to the hand over date which has reached today to 350000 aed. This amount does not even deduct from the principle borrowed amount!!!???..
Our last visit to the construction site was in early dec 2010.No contruction!!!
Previous to that we visitedthe construction site in Oct 2010. The only person we saw was the watch man for the site, we took the site engineer contact from the old hanging sign board who claimed that he does not work with "AlMaraikhi Contractor" assigned for this site any more,he informed us that it has been one year since the construction STOPED due to lack of payments from Nakheel ?
Why Nakheel did not inform us about that is what i do not understand.While our banks kept payments as per payment plan then.!!?
Myself and my wife are ready to team up and hire a good lawfirm.
please any one to tip us on a good law firm or lawyer?
as we cant afford to gamble with deadend useless lawyers.
We used to take pride to live and work here.Now Because of what nakheel is doing or NOT DOING we are Slaves in this city of life....HAppy new Year..
I've sent you a PM
ZakNaz January 2nd, 2011, 04:08 AM We are still awaiting delivery for our JV Villa after paying 3 mil for it two years ago, I also noticed there has not been any progress at the site, if anybody wants any assistance to take legal actions then please count me in. I despise Nakheel and the way they treat customers! I don't think this kind of daylight robbery would be allowed in any civilized country.
Hi. me and my wife are ready for taking legal action against Nakheel .we want to assist and be assisted for taking legal action,I have villa in JVC .Lets JOIN ,contact us or give us your contact and organise this. one voice at a time will not be heard or they might brush us under their rugs.BUT when all UNITED we will be heard.
unknownpleasures January 2nd, 2011, 07:27 PM We are still awaiting delivery for our JV Villa after paying 3 mil for it two years ago, I also noticed there has not been any progress at the site, if anybody wants any assistance to take legal actions then please count me in. I despise Nakheel and the way they treat customers! I don't think this kind of daylight robbery would be allowed in any civilized country.
^^^^^^
I tend to agree with you...robbery is the keyword it appears...thank goodness someone else calls it as it is!:):):)
samdxb January 5th, 2011, 10:04 AM Hi all
Happy new year.
I have same issue
Jumeirah Village Triangle
District 9
Paying installament for nothing , my house valus is also 3M ....
what do you think if we all meet and take decision.
let me know ASAP.
Thanks
DUBAI INVESTOR January 5th, 2011, 01:49 PM Homeowners already furious over the stalled completion of Nakheel’s Jumeirah Village housing complex in Dubai have said the developer is now demanding service charges for incomplete infrastructure.
Ahmed Fathy, a senior manager at Du and owner of a villa in the project, said he was considering appointing a lawyer after refusing to pay what he says is an exorbitant AED13,500 community service fee – without which Nakheel will not hand over his villa.
According to residents, the fees have not been approved by Dubai real estate watchdog RERA, as the village remains still under construction without promised roads, parks and other community facilities.
Instead, approval for the annual service fees – cash which is used to maintain communal facilities - been granted by Dubai Port Authority.
http://www.arabianbusiness.com/tensions-high-in-jumeirah-village-service-fees-row-371479.html
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