#GROUND WORK: THE LAWNS, 5X5F Res (JV South)

[wissam11]

Latest photos:

http://www.facebook.com/media/set/?s...6098231&type=1

[burntfingers]

Has anyone still to pay Interim Registration Fee on L4 or other ? Is this Interim Fee a LEGAL REQUIREMENT. Reason for asking is I have been aasked to pay this recently, but another L4 investor has NEVER been asked to pay ?????????
Any views on what rental income could be.....or will completed Apts remain unrentable once they are handed over ???

[SagarDubai]

Interim Fee is a legal requirement by Govt of Dubai. This interim registration is done in the lands Dept in a system called the Oqood System. More details u can look up on the web. DEC is charging 3000 for this, which is totally incorrect. The actual govt charges is 1000. But again do we have a choice, we ar at their mercy. They are trying to make money out of this as well. I paid paid 3000 for L4 as well as L2. This is a rip off! But have paid it!

The L4 works are going on well. Hopefully it should be ready for handover by Q2 -2013. I plan to visit the site L4 soon and will surely get back to you all details (especially for those who are not in UAE) with details of L4 + L5.

L2 is cancelled. So followup for your refunds!! Else ask them to transfer to L4.
For the rest of the people, pls do keep this site active with your comments and feedbacks of the project. take care and all the best.

[sgn7200]

Originally Posted by SagarDubai

Interim Fee is a legal requirement by Govt of Dubai. This interim registration is done in the lands Dept in a system called the Oqood System. More details u can look up on the web. DEC is charging 3000 for this, which is totally incorrect. The actual govt charges is 1000. But again do we have a choice, we ar at their mercy. They are trying to make money out of this as well. I paid paid 3000 for L4 as well as L2. This is a rip off! But have paid it!

The L4 works are going on well. Hopefully it should be ready for handover by Q2 -2013. I plan to visit the site L4 soon and will surely get back to you all details (especially for those who are not in UAE) with details of L4 + L5.

L2 is cancelled. So followup for your refunds!! Else ask them to transfer to L4.
For the rest of the people, pls do keep this site active with your comments and feedbacks of the project. take care and all the best.

Hello SagarDubai! Thanks for your feedback. When you visit Lawns, please do visit Lawn 5 as we are completely in the dark. Please look particularly whether they have done the Raft Foundation or what stage of foundation work they have reached at this point of time. Also see whether they are employing just a handful of people or have they brought in sizeable number of people to complete the project and hand over later next year. Thanks again and take care!

[RP2]

Hi! I have 2 apartments in lawns iii and am not sure if the project has been shelved. I too was offered to swap but i didnt go ahead as they were not bringing the price down to the current market rate, nor were they ready to wait for the completion to collect the balance payment.
Today when i called their office to my horror and shock i was informed the number no longer exists. Am open to some support and advise. Please help!

Originally Posted by SagarDubai

Interim Fee is a legal requirement by Govt of Dubai. This interim registration is done in the lands Dept in a system called the Oqood System. More details u can look up on the web. DEC is charging 3000 for this, which is totally incorrect. The actual govt charges is 1000. But again do we have a choice, we ar at their mercy. They are trying to make money out of this as well. I paid paid 3000 for L4 as well as L2. This is a rip off! But have paid it!

The L4 works are going on well. Hopefully it should be ready for handover by Q2 -2013. I plan to visit the site L4 soon and will surely get back to you all details (especially for those who are not in UAE) with details of L4 + L5.

L2 is cancelled. So followup for your refunds!! Else ask them to transfer to L4.
For the rest of the people, pls do keep this site active with your comments and feedbacks of the project. take care and all the best.

[burntfingers]

Do not panic,

DEC advised me of new address and contact numbers. Please see below.
Kind Regards
Burntfingers

We thank you for your continued support & patronage towards our company and our projects.



We are glad to inform you that we are in process of shifting to our new office by 15th July-2012 and would like you to kindly make a note of the change of address in your records .



From 15th July 2012 onwards please note that the below mentioned will be the contact details:


Our New Address & Numbers are as follows:-

Dheeraj & East Coast LLC

1st Floor , Indigo Towers,

Sheikh Zayed Road, Between 2nd & 3rd Interchange,

Near Noor Islamic Metro Station.

Dubai.

Phone No: +9714 3791630

Fax No: +9714 3791631

[sgn7200]

Originally Posted by RP2

Hi! I have 2 apartments in lawns iii and am not sure if the project has been shelved. I too was offered to swap but i didnt go ahead as they were not bringing the price down to the current market rate, nor were they ready to wait for the completion to collect the balance payment.
Today when i called their office to my horror and shock i was informed the number no longer exists. Am open to some support and advise. Please help!

They have moved to a new address and their contact details are as follows:-

Dheeraj & East Coast LLC

1st Floor , Indigo Towers,

Sheikh Zayed Road, Between 2nd & 3rd Interchange,

Near Noor Islamic Bank Metro Station.

Dubai.

Phone No: +9714 3791630

Fax No: +9714 3791631

Postal Address:-

Dheeraj & East Coast LLC,

P.O. Box no:- 333876

Dubai, UAE .

[RP2]

Grateful to burntfingers and sgn7200 for their update.

Originally Posted by sgn7200

They have moved to a new address and their contact details are as follows:-

Dheeraj & East Coast LLC

1st Floor , Indigo Towers,

Sheikh Zayed Road, Between 2nd & 3rd Interchange,

Near Noor Islamic Bank Metro Station.

Dubai.

Phone No: +9714 3791630

Fax No: +9714 3791631

Postal Address:-

Dheeraj & East Coast LLC,

P.O. Box no:- 333876

Dubai, UAE .

[MMDXB]

I send today DEC an email and asking to start refund process on Lawns 2. Further RERA informed me that the project Lawns 2 is already handover to Dubai Court and they gave me a contact address.

That person informed they creating a committee which will start in October with clearing with the stalled projects. I'm awaiting further info.

Further I asked my Bank to reduce the mortgage interest rate since project is canceled. Someone did the same and can advise what to expect ?

[wissam11]

Is anyone interested in transferring from a cancelled lawns project to one in lawns 5 or lawns 4. I would be interested to sell my apartment in lawns 5.

[Wac]

Originally Posted by MMDXB

I send today DEC an email and asking to start refund process on Lawns 2. Further RERA informed me that the project Lawns 2 is already handover to Dubai Court and they gave me a contact address.

That person informed they creating a committee which will start in October with clearing with the stalled projects. I'm awaiting further info.

Further I asked my Bank to reduce the mortgage interest rate since project is canceled. Someone did the same and can advise what to expect ?

MMDXB thanks for sharing this news. I have one apartment in Lawns 2. Please keep us informed regarding the court ruling etc as like me, many others may not be residing in the UAE now-a-days.

[RP2]

Any news on Lawns 3 project?

[T-800]

Hey everyone, just a quick intro, I too have been a customer of DEC since 2007 and opted to purchase a couple of properties with them at the Lawns 2 project. Unfortunately as you know it's a hole in the ground 5 years on.

I've been following the thread and appreciate everyone's feedback and willingness to share information.

Personally I have given this issue some time since the industry has been suffering and even the authorities have not been sure how to handle all of this however DEC have opted to stick their heads in the ground and ignore us.

I tried repeatedly to meet/call/email for updates but they played their usual game.

I consulted a lawyer who from his experience dealing with such cases felt I had a very strong case however the fees are pretty high.

Seems now that RERA have cancelled the project so hopefully we will get some of the investment back.

The neighborhood which the Lawns buildings are located in is not bad, it just needs a number of years before it takes shape and with Nakheel still limping to recovery it could take a while before infrastructure shapes up over there.

However DEC has tried to play games and instead of making it easy for investors to transfer into a building under development they just want more money.

I've lost all confidence in them for sure. Will wait and see how the authorities will resolve this one.

Looking forward to hearing any updates you have.

[T-800]

Originally Posted by MMDXB

I send today DEC an email and asking to start refund process on Lawns 2. Further RERA informed me that the project Lawns 2 is already handover to Dubai Court and they gave me a contact address.

That person informed they creating a committee which will start in October with clearing with the stalled projects. I'm awaiting further info.

Further I asked my Bank to reduce the mortgage interest rate since project is canceled. Someone did the same and can advise what to expect ?

Thanks for sharing this. I'm impressed that DEC admitted this. Can you please share the contact address?

According to someone at DEC they claim Lawns 2 has had many defaulters so I wonder if this is how they are positioning it with RERA. Let's hope Dubai Courts are fair and award investors that continued to pay their money back.


Which bank is your mortgage with? Have they agreed to lower the rate?

[MMDXB]

here we go:

Dear Mr. Maik ,

The project has been transferred to Dubai Courts; if you need further information, go to Dubai Courts and meet with Mr. Abddulrahem Muhammed Abddulrahem Ghareb, Ground floor, Office number 113 in Real-Estate Case Section. His contact number 04-3030377 and email abdulrahimg@dc.gov.ae

[sgn7200]

Hello Everyone! How come there has been no activity in this column for quite some time. Please keep the information flow going. Has anyone got any UPDATE on Lawns V. DEC website is as good as looking for the moon in a cloudy sky. So we have to look to you good people for some information.

[MMDXB]

Hi Guys, yes correct it's been a while. So far I have no news from the Lawns however I want to share some infos and situation I face with ADCB bank. I send them an email telling the Lawns 2 is cancelled. Immediately I got a reply that they send a request for a reduction of interest and will let me know about the outcome. I thought "wow...even without asking". With this in mind I kept on hold my September payment and of course what happens is that ADCB collection department started calling where is my payment. I told them I complaint and it is on progress. However same day I got a reply from mortgage department telling me it was rejected and no chance. So I was wondering why they did not inform me ? Again collection department keeps calling and I told them I will go there this Thursday and want to talk to a higher manager as this is not acceptable. I paid in 4 years almost 1/3 in interest of the amount they lend me so far back. They insist that I'm paying and I told them I won't unless I spoke to someone in person because what will happen if I pay they won't care at all anymore. I also told them they should not forget in the end I'm still a customer for them who failed a complaint and they should handle it with a bit more care. So if any of you can advise or know a higher manager of ADCB to talk to please let me know. I know someone who is the head of an ADCB department as he was my client 4 years back, thinking of send him an email and see how it goes. Please give me any ideas.

[T-800]

Originally Posted by MMDXB

here we go:

Dear Mr. Maik ,

The project has been transferred to Dubai Courts; if you need further information, go to Dubai Courts and meet with Mr. Abddulrahem Muhammed Abddulrahem Ghareb, Ground floor, Office number 113 in Real-Estate Case Section. His contact number 04-3030377 and email abdulrahimg@dc.gov.ae

I contacted Mr. Abddulrahem at the Dubai Courts and he replied suggesting that in November a committee would begin reviewing the stalled projects. Let's see how that goes.
Let's see what happens. I'll let you all know if I hear something else.

[T-800]

Originally Posted by MMDXB

Hi Guys, yes correct it's been a while. So far I have no news from the Lawns however I want to share some infos and situation I face with ADCB bank. I send them an email telling the Lawns 2 is cancelled. Immediately I got a reply that they send a request for a reduction of interest and will let me know about the outcome. I thought "wow...even without asking". With this in mind I kept on hold my September payment and of course what happens is that ADCB collection department started calling where is my payment. I told them I complaint and it is on progress. However same day I got a reply from mortgage department telling me it was rejected and no chance. So I was wondering why they did not inform me ? Again collection department keeps calling and I told them I will go there this Thursday and want to talk to a higher manager as this is not acceptable. I paid in 4 years almost 1/3 in interest of the amount they lend me so far back. They insist that I'm paying and I told them I won't unless I spoke to someone in person because what will happen if I pay they won't care at all anymore. I also told them they should not forget in the end I'm still a customer for them who failed a complaint and they should handle it with a bit more care. So if any of you can advise or know a higher manager of ADCB to talk to please let me know. I know someone who is the head of an ADCB department as he was my client 4 years back, thinking of send him an email and see how it goes. Please give me any ideas.

Hey MMDXB, I strongly suggest you make the payments. Yes it's ridiculous because 99% we will never see the project but for now we have an obligation to ADCB to pay what they have paid to DEC. If you skip payments they may hold this against you and make it difficult to settle or recover anything later on. I'm sure hundreds of people have stopped paying them and they may take them to court so avoid legal headaches continue paying on time while discussing with them a way to lower interest.
I also plan to speaking to them soon about a solution to the mortgage I have.

[parisanddubai]

Dear All Dheeraj clients,

Will be great to get all together

Thanks for updating, sharing on this website, very helpful

I am on Lawns V

I have no idea if Lawns V is progressing, paid already 60%