#PROJECT: JUMEIRAH PARK (previously known as JV North)

[Juless]

We tried yesterday...got turned back at security at the entrance near meadows 9.. Whereas last few weeks we have just drove in..

[Juless]

Has any been handed over??? There's 3 x 3 bed smalls for rent on Dibbizle??..starting at 180.000 per year

[DUBAI INVESTOR]

Just received an email from Better Homes stating that JP 5 beds started handover today, anyone have info ? Could just be a PR stunt I suppose....

[smtk]

We own a 5 bedroom, and we received a call from courier saying they want to deliver a package from Nakheel. I am assuming this is the handover notice. I also passed by and went into Jumeirah Park a couple of hours ago. The 5 bedroom area is completely cleared out of all caravans and construction staff and materials.

[share.info]

SMTK, that's great news for you I wish you all the best.

Anybody else out there with some good news???

[nagshah]

I have just talked to Nakheel and they confirmed that the notices went out and they started the delivery of 5br villas

[DXBFan79]

Originally Posted by nagshah

I have just talked to Nakheel and they confirmed that the notices went out and they started the delivery of 5br villas

Just received the following SMS from Nakheel for my 4br villa :

Please note that the snagging for your property in Jumeirah Park package 2 is to commence. Please contact Nakheel to confirm your appointment.
Nakheel.

[hamadah]

Originally Posted by nagshah

I have just talked to Nakheel and they confirmed that the notices went out and they started the delivery of 5br villas

Thank you for the good news, is there any update on the 4 B/R package 2 ?

[jp4v]

Originally Posted by DXBFan79

Just received the following SMS from Nakheel for my 4br villa :

Please note that the snagging for your property in Jumeirah Park package 2 is to commence. Please contact Nakheel to confirm your appointment.
Nakheel.

I also received the same message

[share.info]

Hi all congratulations finally the time has arrived.
I am in the uk I also received the same by email.
Package 2 is complete and to book an appointment for snagging.
Whoever goes for snagging their property please post you thoghts

[nagshah]

Just came out of JP phase 1 and 2 and it is really great.

[jpk]

i have been getting calls every hour from brokers for my regional 4 bed, there seems to be a lot of interest in the property. infact 1 broker went to the extent of offering me 4.3 million without me showing any intrest to sell. i believe the the news going around about the hand over being soon has suddenly created a market and a price. lets hope for the best and many congratulations to us all who've spent years on this forum just in the hope of this day to come. and goin by that i can already see that we'll have quite an efficient and effective owners association.

[Desertrose]

Good news indeed! Congratulations to all, please update us on the snagging details as we are still waiting for Package 2a. Also, any updates on the service charges?

[DUBAI INVESTOR]

The service charges for Jumeirah Village next door, if thats an indicator, where ca AED6/sqft and that would put a JP villa of 3600 sqft at AED22000/year. I question why Nakhel would even charge us a service fee at all as the community is a moon landscape and will so remain for a long time. The villas themselves are under warranty so we are only talking about common area community service charges.

Emaar charges ca AED2,5/sqft for the Springs villas next door putting a 2400 sqft villa at ca AED6000/year. Springs or or all of the Emaar living area is a matured area with lots of greenary and lakes in the neighbourhood requiring lots of care.

Bottom line regarding the servive fees, the budget the service fees are based on need RERA's approval. I kind of doubt that Nakheel will bother to get RERA's approval ( although I suspect its just a rubber stamp job anyway ). Technically, per Dubai Strata Law, the owners of the JP villas are free to contract with any company for the service of the common areas. But based on experience I know that Nakheel will force you to sign a service contract with a quasi Nakheel subsidy service company at high price or, illegally, withhold the key. But as Nakheel is well aware of the fact that most owners having waited a very long time for handover, Nakheel know that we will sign whatever papers are put in front of us to get the key.

[ollitrade]

Originally Posted by jpk

..... and goin by that i can already see that we'll have quite an efficient and effective owners association.

as I have already mentioned...there will be no owner association. nakheel
falls under a special law which makes it impossible to form any kind of owner association for villa developments.
I own a villa in JI and know what I am talking about....anyway...I am happy for you guys that you finally will get your villas delivered!

[mansouqa]

Good Day JP's and Congratulations ... .. finally some good news.
did any1 recieve the keys yet?? any comments on the property.. spaces.. finishes.. quality..!!??

Any news on package 3??

Regards,,,.

[DXBFan79]

Originally Posted by mansouqa

Good Day JP's and Congratulations ... .. finally some good news.
did any1 recieve the keys yet?? any comments on the property.. spaces.. finishes.. quality..!!??

Any news on package 3??

Regards,,,.

Let the fun begin...........fyi
_____________________________________________________________
03/06/2012,

Notice of Completion - Jumeirah Park – Package 2


Dear Property Owner,
Further to our snagging letter dated 31st May 2012, we would like to take this opportunity to inform you that your property in the Jumeirah Park is ready for handover. The completion date for the property is 3rd June 2012 and the handover date for the property is 3rd July 2012.


Further to this notification, we also write to inform you that you will be able to begin the snagging process on an immediate basis. You can contact the Nakheel Customer Services on +971 4 390 3333 to confirm the appointments for the snag visit. In the event that you have not signed the Sale and Purchase Agreement for the property, we request you to first contact Nakheel Customer Services for the same. Please note that the snag visits will commence only after the Sale and Purchase Agreement is signed.


Further to this notice, we would also like to bring to your attention that all customers will be required to complete the payments due towards the final instalment of the property and land registration prior to the Completion date. The details of the payments to be completed will be provided to you upon contacting Nakheel Customer services prior to the handover.


If your property is financed, you will need to liaise with your lender to arrange for final payment and for them to issue a No Objection letter for you to take possession of your property on the Completion Date. Please bring a copy of this letter with you on the date of handover.


Kindly note that Jumeirah Park LLC will only issue the Certificate of Final Payment and No Objection to Property Handover upon clearance of funds. Please allow 10 days for funds to clear if making payment through the wire transfer process and make sure the SWIFT copy is scanned and sent to info@nakheel.com in order for us to track your transfer.

Please clearly highlight the bank transfer SWIFT code, your name and property number on the transmittal. Once payments are settled, you will receive a Certificate of Final Payment & No Objection to Property Handover which will enable you to proceed with the handover process.
Kindly ensure that you have obtained your Certificate of Final Payment and No Objection to Property Handover before confirming your appointment for handover.

If you have any other queries in the meantime, please feel free to contact Nakheel Customer Services Centre on +971 4 390 3333 or info@nakheel.com.
Yours sincerely,

For and on behalf of
Jumeirah Park LLC
Nakheel Customer Services

[ash_ak]

congratulations to all JP Owners, the wait is over!
On the note of service charges, I wonder if they will waive the 1st year charges like some properties have done.
Secondly, any news on the service charges itself, this will be the make or break in the viability of this project as a rent driver, consequently, affecting the property values also.
As a owner, if one is not getting a 5% return after service fees, there is the danger of low resale values & low interest from investment buyers.

[DXBFan79]

Kindly be informed that the 30 Day Notice has been issued for your property in Jumeirah Park , this has been issued by the Nakheel Customer Service Department courier, if you are financed please kindly contact your bank for the handover documents.

I am contacting you from the Handover Team regarding the snagging site visit, if you would like to make an appointment please kindly contact Nakheel Customer Services Centre to arrange this.


Kindly note that the snagging site visit would need to occur prior to the expiry of your Completion Date 3/07/2012,


A minimum of 48 hours notice is required prior to the 1st snagging inspection.
A minimum of 24 hours notice is required for cancellation of the snagging appointment, no further appointment will be allowed if cancellation is made in less than the 24 hours period.
Only one rescheduling of snagging appointment will be allowed.
Only one snag list will be accepted during the 30 day notice period.
The snag list prepared will be in Nakheel’s snag sheet format only and no other formats (i.e. consultant’s format) will be accepted.
The Owners are to be advised that they should arrange their snagging inspection during the first week of the 30 Day Notice period to allow enough time for all snags to be completed prior to the handover the property.
Snagging appointments can be made from Sunday to Thursday, between the following times: -
- 8.00am to 12pm - Please note that if you are more than 30 minutes late for the appointment, the appointment will be lost and no further appointment will be allowed.


The Snagging time allowed is a maximum of 1 hour per property.
The snags recorded will only be accepted from the owner of the property and no other third parties.
Only the owner(s) of the property should attend for the snagging inspection and there will be a maximum of 2 persons allowed within the property. Additional parties other than the owner will be asked to leave the property during the snagging inspection.


If the owners cannot attend the snagging inspection or do not attend for the appointment made, no further appointment will be arranged and Nakheel’s PMT and contractors will snag the villa on the owner’s behalf.
Snagging appointments will not be accepted 2 days prior to the expiration of the 30 day notice period.
Owners will not be allowed a site visit or snagging inspection on expiry of the 30 days notice period. These properties will be snagged by Nakheel/Contractor on the owners behalf.
Minor snags will not prevent the property from being handed over to the Owner as per the PSA.
The “Service and Community Charges” will be effective from the ‘Completion Date’ as notified by Nakheel in the ‘Notice of Completion’ letter.

[mansouqa]

Hi JP's...

Did anyone get their villa yet??
they said the handover is ongoing... but i dont see anyone getting their units..
any comments on that?