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Old July 6th, 2012, 05:54 PM   #1101
ayashaam
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Quote:
Originally Posted by Finality View Post
I used one to pay off my entire property in full. You just need to make sure you get a reputable agent to take care of it for you. Only issue now is credit note prices have risen to 80% of face value I believe. PM and I can point you in the right direction.
please contact me on ayashaam@gmail.com - i can help you with the credit note issue
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Old July 6th, 2012, 06:07 PM   #1102
ayashaam
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Quote:
Originally Posted by durbech View Post
We are in the same situation as a lot of you posting to this forum. We are in the process of rearranging finance with our bank - HSBC (don't even get me started) and have also made some initial queries with a couple of local law firms. They have suggested that the best way to go forward is to get a group together, however Class Actions are not recognised here in the UAE. As a group we may have more success in bringing this to the attention of Nakheel and even media - similar to recent stories in local newspapers about people starting to take action as groups against developers. If you are interested in doing something similar, even if it is to share information, please let me know via this forum initially, then perhaps we can take it off line.

I think I read in an earlier posting that a group were getting together in JBR. Unfortunately we missed this - is this group still together -we would be interested to find out what you discussed and if you have made any progress.
Thank you
I invested in JP which is financed by a local bank.
The bank has paid 50% of the sale price and I have paid the remaining.
The bank is claiming “ADDITIONAL RENTAL” as per shariah compliance towards the money paid to the developer which works out to be more than 30% (of the total sum paid). I don’t know if this claim is valid. I seek your advice.
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Old July 7th, 2012, 08:42 AM   #1103
jp4v
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Quote:
Originally Posted by mansouqa

Congrats jp4v hope it's what you expected?
How is the roads to get in is it easy? Is there a security or require a gate pass?
Kindly give us some feedback?

Regards,
The house is ok, there are a few things that need doing, but given that we have waitied 4years , we were very happy to move in and take care of those things over time. The roads within phase 1 and phase 2 are all good, we havent ventured beyond phase 2, whiere there is still construction going on. Pauling the contractors have been round a couple of times, we have found them to be very helpful. There are no gate passes at the moment, the security were not informed that we had taken possesion, but we have had people coming in and out, and i think now they have grasped that we are living here. I think once more people have moved in I think that it will be a great community, and hopefully Nakheel will start the landscaping.
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Old July 7th, 2012, 11:21 AM   #1104
Oryx
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Congrats JP4V!
Any idea if the water connections to the pool is functional. What about telecommunication - DU connections ? Have you heard from them?

Would appreciate your feedback.
Thx
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Old July 7th, 2012, 03:10 PM   #1105
jp4v
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Quote:
Originally Posted by Oryx
Congrats JP4V!
Any idea if the water connections to the pool is functional. What about telecommunication - DU connections ? Have you heard from them?

Would appreciate your feedback.
Thx
DU and Dewa connected
The pool is going to be commissioned and tested next week
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Old July 7th, 2012, 09:12 PM   #1106
DUBAI INVESTOR
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What maintenance fee did Nakheel charge you on handover ?
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Old July 9th, 2012, 12:04 AM   #1107
share.info
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Originally Posted by DUBAI INVESTOR View Post
What maintenance fee did Nakheel charge you on handover ?
Nakheels main focus is to handover all the villas at this stage,
I've heard that service charges will be announced soon.
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Old July 9th, 2012, 09:29 AM   #1108
Finality
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Quote:
Originally Posted by ayashaam View Post
what is the status on the issue of “additional rental” being forced by some of the sharia compliant banks? While some banks have waived it.
Appreciate if some light is thrown by anyone experiencing this matter
From what I understand there was a directive saying that this is not allowed if the property is not completed. I believe it was by Dubais grand Mufti.
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Old July 10th, 2012, 02:18 AM   #1109
share.info
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Has anybody received the keys for their villa?
Has there been any 5 bed handed over?
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Old July 10th, 2012, 11:31 AM   #1110
jpdxb
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For sale and rent please visit on http://www.jumeirahparkdubai.com/
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Old July 10th, 2012, 12:23 PM   #1111
nagshah
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I was at the site and several villas in both package 1 & 2 were occupied

Last edited by nagshah; July 16th, 2012 at 05:29 PM.
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Old July 15th, 2012, 11:33 PM   #1112
share.info
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Anybody else moved in J.P on this forum?
Has Nakheel handed over anymore villas?
Any rentals taken place?
I've been told the 20th of July for Desnagging followed by handover!!
Looking forward to that
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Old July 17th, 2012, 11:14 AM   #1113
mansouqa
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Hi

Good JP's ... any updates on package 3?

anyone interested in swapping his ready 4BR legacy with 3BR legacy?

Regards,
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Old July 24th, 2012, 09:48 AM   #1114
princeofpersia
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Quote:
Originally Posted by mansouqa View Post
Good JP's ... any updates on package 3?

anyone interested in swapping his ready 4BR legacy with 3BR legacy?

Regards,
Mansouqa...Nakheel is still staying firm on its statement that we should expect handover of Package 3 in October 2012....I have heard that the subcontractor - Al-Huda will be replaced soon..

Last edited by princeofpersia; September 25th, 2012 at 09:52 AM.
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Old July 24th, 2012, 09:58 AM   #1115
princeofpersia
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Updates on Package 1 & 2

Hi JPs - its been quiet for some time now...Any news on Package 1 & 2 - Have more people moved in? What are the impressions? Quality? Has Nakheel started to work on the parks in those packages? Are people able to rent villas in those packages now? Any news on the service charges?

Last edited by princeofpersia; August 2nd, 2012 at 08:59 AM.
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Old July 26th, 2012, 02:31 AM   #1116
share.info
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Hi Princeofpersia
Just waiting for the final inspection followed by handover.
Yes people have moved in to their own villas, villas are overall very high standerd,
Few rentals have taken place from what I know on the 4 beds but I think the main activity will take place at the end of Ramadhan,
That's when you will see demand for rentals.
Works on parks and community centre to start immediately after summer holidays
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Old July 26th, 2012, 09:18 AM   #1117
steeldesign
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Does anyone know how to get a look at progress in Package 6?
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Old July 26th, 2012, 11:16 PM   #1118
JP-O3VL
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I have been to couple of villas at package 6 and most of the villas are ready, work in progress at rest of them.
It seems development focus is more at package-6 at the moment.
any idea about handhour sequence/time line for remaining packages? package 4a and 4b is shapping up fairly quaicky.
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Old July 29th, 2012, 06:55 AM   #1119
jellyfish
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Update on package 4

Can anyone out there help me out. I need to know if anyone's heard about the handover for package 4. I heard that it's scheduled for October. Has anyone heard anything else at all? Also, for those that moved in, how long did the handover process take. Any advice will be greatly appreciated
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Old August 13th, 2012, 08:39 PM   #1120
nagshah
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Hi everyone, can someon help me to find credit notes for my JP villa? What is the current discount in the market? Thanx so much
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