#UNDER C: Elite 7 Sports Residence , 16F Res ( Sports City ) - Page 2

Freestyler · May 3rd, 2010, 12:26 PM

Quote:

Originally Posted by FARIBA

Even if anyone wants to sell at the very high 40 to %50 discount there are no buyers at this time. so you can't sell and most developers aren't going to give people any price reduction so what elss is left to do?
atleast if they complete the project you will have your apt to sell or rent or live in it as of now you can't do any of it.
or we can take our loss now and just walk away from it all do you agree?

Yes there are no buyers for off-plan even at 50% discount. But what is the point of paying them more to complete it? I'm gonna lose 50% anyway even if they complete and I sell at 50% loss. So whats the point? Walking away is the better option, but why do I've to lose all of my paid amount? Other developers are transferring credit so at least investor can get some of the cash back. It developing goodwill for the developer, and perhaps helping them with cash too.

amplesou · November 22nd, 2010, 07:27 PM

unknownpleasures · November 23rd, 2010, 02:25 PM

All quiet on the range!

komer64 · October 20th, 2011, 03:10 PM

Fellow investors

Those investors how are paying for Elites 3 , 5 and 6 should stop paying any further instalments for just empty concrete shell.
Triplanet has just shown its ugly face and it it’s disturbing.
Today I just received the progress report to date for Elite 4, which shows no progress from August 2011.
in the past they have done 2 floors in a month to rake as much as the installment as possible and now they can’t put one nail on a wall in 2 months.
The project has now stopped and there is no way they can complete in summer 2012.
All above project will face the same fate.
Please force them to link your payments to the progress of the block work, mechanical, electrical , window & doors etc.
Be careful guys

unknownpleasures · May 29th, 2012, 09:05 PM

The A-Z of construction projects on hold in Dubai

Elite 7 Sports Residence
AL HEBIAH FOURTH
Triplanet International Limited
DUBAI SPORTS CITY ( L.L.C )

mwaqasch · October 9th, 2012, 08:52 AM

Dear Investors of Elite project .

contact the investors group on eliteinvestors(at)patronnetwork(dot)com

remove the words in brackets and place @ and . in that .

join us ... we will be a groupe so can share our thoughts and will discuss how we can move fwd...

waiting for your response....

We all need our money back....

Mohammad Waqas

Quote:

Originally Posted by bizzybonita

Property # : Elite 7 Sports Residence
Property Type : Apartment
Property Status : Off Plan
Country : United Arab Emirates
Apartment Types : Studio & 1 Bed
View : Golf & Neighbourhood
Area From : 500-1600 Sq.Ft
Parking Type : Allocated
Pool Type : Health Club
Garden Type : Communal
No Of Floors : G+19
Completion Date : Dec 2010

FULLY FURNISHED APARTMENTS

YOUR LIFESTYLE

Elite 7 Sports Residences provides you with unlimited opportunities for an active life. Situated in an impressive location in Dubai Sports City, And having full golf course views along with canal view. This tower offers the buyer a truly desirable home.

YOUR BUSINESS

For business, Elite 7 Sports Residence is so near to the commercial and trade hub of Dubai, that commuting is relegated to a distant memory. Strategically located near to the striking landmarks of Dubai International Airport, Dubai Internet City, Dubai Media City and Jebel Ali Port, Elite 7 Sports Residence is every business person’s dream.

YOUR HOME

The sleek simplicity of the exterior complements the modern luxury of the interiors to create a living space that is exclusive, beautiful and unique. With stunning interiors combined with ultra-modern finishes, Elite 7 Sports Residence gives you the choice of apartments with stadium, waterfront, park and golf course views.

Image a destination where the world of sport unites where people with a passion for the game combine with the very best in global sporting facilites. It is the vision that produced the master plan for Dubai Sports facilites. Set on 50 million square feet of land and located with in Dubailand, The ultimate entertainment, leisure and tourism destination, Dubai Sports City will be the world's first intergrated sports city incorporting world class sporting venues and academeis, as well as offering an active way of life, unsurpassed anywhere in the world.

LOCATION OF DUBAI SPORTS CITY

Located in Dubailand.
5 minutes drive to Sheikh Zayed Road
20 minutes drive to the heart of city and airport
15 minutes drive to beach.
5 minutes drive to the Autodrome (racetrack for motor sport)

Facilities & Amenities

Rooftop facilities like health club, swimming pool, steam and sauna room
Fully equipped gymnasium
Recreation facilities like table tennis and billiards room
Apartments with sizeable terraces.
Spacious kitchen with appliances included
Jacuzzi with master bathroom
Wooden flooring with master Bedroom

Source
http://www.safahomes.com/Properties/...Residence.html

UAE Investor · October 9th, 2012, 10:12 AM

half of these Apartments have no views...will be impossible to rent..

ostendadler · October 9th, 2012, 02:59 PM

well rent it dirt cheap ... better than nothing

UAE Investor · October 9th, 2012, 05:37 PM

Quote:

Originally Posted by ostendadler

well rent it dirt cheap ... better than nothing

na you don,t understand

the maintenance and chiller fees /dewa will be more than its worth

also try finding an agent who would be bothered with such low commission..

sorry for this ..but those apartments will remain empty other than owners/short lets maybe ...?

ostendadler · October 9th, 2012, 06:41 PM

well with rents going berzerk everywhere ( I rent for 65k in Marina, similar places now go for 85 90 ) once my 2 year lease ends i'm gonnna have a price hike. i'm sure other people will face the same and move to cheaper places .. unless we crash again! stay positive it will work out

UAE Investor · October 9th, 2012, 07:38 PM

Quote:

Originally Posted by ostendadler

well with rents going berzerk everywhere ( I rent for 65k in Marina, similar places now go for 85 90 ) once my 2 year lease ends i'm gonnna have a price hike. i'm sure other people will face the same and move to cheaper places .. unless we crash again! stay positive it will work out

good point ...maybe these apartments could work out in out favour..

sorry "O" just in a negative mood today, dealing with idiots at work...

tomorrow will deal with nice people and i will be too ..

kamenoff · October 10th, 2012, 04:07 AM

Well, first they have to finish the project (s) before you start renting them..If they build with the same speed, you won't see your appartment soon...

Freestyler · December 20th, 2012, 08:58 PM

This project is not listed on RERA website any more. What that means?

unknownpleasures · February 7th, 2013, 10:45 PM

http://www.elite-sports-residence.com/elite7.html

9 photos showing in gallery for Elite 7....long way to go here...

Freestyler · February 14th, 2013, 08:25 PM

First thing first, RERA has removed this project from their list. Is it cancelled?

UAE Investor · February 14th, 2013, 11:10 PM

Quote:

Originally Posted by Freestyler

First thing first, RERA has removed this project from their list. Is it cancelled?

Elite 4 is nearly completed, yet that does,nt appear to be registered there also, so ..no worries!

What,s this UAE forum about?, part of your signature,do you have to sign in for any forum action there or ....?

unknownpleasures · February 14th, 2013, 11:59 PM

Why would RERA remove it from their list????? It's not completed...still plenty to go...why are others not listed also...destiny is another....

Freestyler · February 25th, 2013, 08:46 PM

Quote:

Originally Posted by UAE Investor

What,s this UAE forum about?, part of your signature,do you have to sign in for any forum action there or ....?

It used to be general forum for UAE, but I've taken it down. I wanted to build social network type thing for UAE, but don't have much time these days to work on it. I'm thinking of starting something there that would require less development time.

Freestyler · February 25th, 2013, 08:49 PM

Quote:

Originally Posted by UAE Investor

no worries!

I'm filing a case on the developer

We'll see how it goes. And Elite 4 is on RERA project list, but not 7 anymore. This project will not go through they better return my money back. I'm not gonna settle with them with some other project with twice the current market price for that area.

unknownpleasures · February 25th, 2013, 10:23 PM

Good Luck.....Isn't RERA saying they will give your money back if cancelled??

October 9th, 2012, 02:59 PM	#28
ostendadler Beat the Heat Join Date: Aug 2012 Location: Dubai Posts: 421 Likes (Received): 9	well rent it dirt cheap ... better than nothing __________________ "Quis custodiet ipsos custodes?"

October 9th, 2012, 06:41 PM	#30
ostendadler Beat the Heat Join Date: Aug 2012 Location: Dubai Posts: 421 Likes (Received): 9	well with rents going berzerk everywhere ( I rent for 65k in Marina, similar places now go for 85 90 ) once my 2 year lease ends i'm gonnna have a price hike. i'm sure other people will face the same and move to cheaper places .. unless we crash again! stay positive it will work out __________________ "Quis custodiet ipsos custodes?"

December 20th, 2012, 08:58 PM	#33
Freestyler Registered User Join Date: May 2006 Posts: 477 Likes (Received): 1	This project is not listed on RERA website any more. What that means? __________________ http://www.facebook.com/dxbdays

February 14th, 2013, 08:25 PM	#35
Freestyler Registered User Join Date: May 2006 Posts: 477 Likes (Received): 1	First thing first, RERA has removed this project from their list. Is it cancelled? __________________ http://www.facebook.com/dxbdays

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November 22nd, 2010, 07:27 PM	#22
amplesou BANNED Join Date: Mar 2007 Location: Dubai/London Posts: 1,526 Likes (Received): 2

November 23rd, 2010, 02:25 PM	#23
unknownpleasures Registered User Join Date: Dec 2009 Posts: 1,859 Likes (Received): 23	All quiet on the range!

October 20th, 2011, 03:10 PM	#24
komer64 Registered User Join Date: Jan 2008 Posts: 150 Likes (Received): 1	Fellow investors Those investors how are paying for Elites 3 , 5 and 6 should stop paying any further instalments for just empty concrete shell. Triplanet has just shown its ugly face and it it’s disturbing. Today I just received the progress report to date for Elite 4, which shows no progress from August 2011. in the past they have done 2 floors in a month to rake as much as the installment as possible and now they can’t put one nail on a wall in 2 months. The project has now stopped and there is no way they can complete in summer 2012. All above project will face the same fate. Please force them to link your payments to the progress of the block work, mechanical, electrical , window & doors etc. Be careful guys

May 29th, 2012, 09:05 PM	#25
unknownpleasures Registered User Join Date: Dec 2009 Posts: 1,859 Likes (Received): 23	The A-Z of construction projects on hold in Dubai Elite 7 Sports Residence AL HEBIAH FOURTH Triplanet International Limited DUBAI SPORTS CITY ( L.L.C )

October 9th, 2012, 10:12 AM	#27
UAE Investor http://www.skyscraperlist Join Date: Jan 2011 Posts: 953 Likes (Received): 16	half of these Apartments have no views...will be impossible to rent..

October 10th, 2012, 04:07 AM	#32
kamenoff Registered User Join Date: Oct 2011 Posts: 142 Likes (Received): 1	Well, first they have to finish the project (s) before you start renting them..If they build with the same speed, you won't see your appartment soon...

February 7th, 2013, 10:45 PM	#34
unknownpleasures Registered User Join Date: Dec 2009 Posts: 1,859 Likes (Received): 23	http://www.elite-sports-residence.com/elite7.html 9 photos showing in gallery for Elite 7....long way to go here...

February 14th, 2013, 11:59 PM	#37
unknownpleasures Registered User Join Date: Dec 2009 Posts: 1,859 Likes (Received): 23	Why would RERA remove it from their list????? It's not completed...still plenty to go...why are others not listed also...destiny is another....

February 25th, 2013, 10:23 PM	#40
unknownpleasures Registered User Join Date: Dec 2009 Posts: 1,859 Likes (Received): 23	Good Luck.....Isn't RERA saying they will give your money back if cancelled??