#UNDER C: RUFI TWIN TOWERS 16F+16F Res (Sports City) - Page 10

maeag · November 21st, 2009, 04:46 PM

Quote:

Originally Posted by cityyyyy

What is happing on Rufi Twin Towers; Anybody can tell me. I have bought several units with possession date Nov 2007. So far no possession. They are demanding 90% money on a plan based on slab construction. On this plan they can take 90% payment simply by constructing floor slabs.
I do not know what to do. All those who have bought flats in Rufi tower please advise me.

Most of us already paid 90 or 95%
It is under construction but slow from few months now.
Today again, Tower A was working and nobody on tower B
Should be delivered in 2010, they informed about April, I believe more October/November 2010.

pisandre · November 21st, 2009, 07:49 PM

Quote:

Originally Posted by maeag

Most of us already paid 90 or 95%.

Guys, I don't really understand how you had paid 90% and more for a project lagging that much.... Seriously, I would hang up as soon as an agent is calling me.

maeag · November 22nd, 2009, 06:40 AM

Quote:

Originally Posted by pisandre

Guys, I don't really understand how you had paid 90% and more for a project lagging that much.... Seriously, I would hang up as soon as an agent is calling me.

From my side, it was a montlhy paiment plan organized by Rufi from 2005 to 2008 I think.. and as I bought it in 2008 (when the construction started well), then I had no other choice than to follow the contract...

ianxgrant · November 23rd, 2009, 12:04 PM

Quote:

Originally Posted by pisandre

Guys, I don't really understand how you had paid 90% and more for a project lagging that much.... Seriously, I would hang up as soon as an agent is calling me.

I've paid 90% of it as well - The exchange rate was 7 to 1 so it has saved me a lot of money. Keep in mind that this money was all paid before the crunch. People who stopped paying their contracts have perpetuated the delays, as it has contributed to the developers running out of money.

pisandre · November 23rd, 2009, 12:59 PM

Quote:

Originally Posted by ianxgrant

People who stopped paying their contracts have perpetuated the delays, as it has contributed to the developers running out of money.

May be. So how Rufi is going to complete the project then? Cancelling contracts and find new buyers?

mpat · November 26th, 2009, 11:27 AM

Quote:

Originally Posted by pisandre

May be. So how Rufi is going to complete the project then? Cancelling contracts and find new buyers?

No , I think they r waiting for real estate market to pick up again, so that they an start selling OFF PLAN.... They usuallay delay their projects , its their habits, no matter if all investors paid up 90 %. Becos they said that its only 10 % customers who defaulted with them. so meaning to say rest all might have paid around 90 %....

pisandre · November 26th, 2009, 07:31 PM

Quote:

Originally Posted by mpat

No , I think they r waiting for real estate market to pick up again, so that they an start selling OFF PLAN....

Interesting. In 10 or 20 years from now?

rjd · November 30th, 2009, 09:36 PM

new to this site. has anyone got any further updates on rufi twin towers as im getting no response from rufi themselves. getting a little concerned as to whats happening

mpat · December 1st, 2009, 05:31 AM

Quote:

Originally Posted by rjd

new to this site. has anyone got any further updates on rufi twin towers as im getting no response from rufi themselves. getting a little concerned as to whats happening

I got a call from them last week regarding some balance issues with me. . . I hope they are still in Dubai. . .

May be they have gone for EID holidays, , , ! ! !

pisandre · December 1st, 2009, 07:23 AM

Quote:

Originally Posted by mpat

I got a call from them last week regarding some balance issues with me. . .

You paid too much and they wanted to give you money back

maeag · December 1st, 2009, 08:37 AM

Just pass in front of Rufi Twin Towers,
There are some activities on both towers A&B

rjd · December 1st, 2009, 10:15 AM

had replies from rufi stating tower B construction due to continue very soon once tower A is complete. also completion date around July/August then once inspections done hand over of keys!!!!!! ( heared that before). so should be able to use it by January 2050!!!

برشلونــــي · December 3rd, 2009, 08:26 PM

any new photos

Tankstar · December 8th, 2009, 02:15 PM

Just got this email today guys: "This is to inform you that we have already casted the 18th floor slab on Tower A and are waiting the green light from Dubai Municipality to move forward with the 19th Slab (ceiling of 18th Floor) and top roof floor on Tower A. In the meanwhile and in order not to stop activity on site we have tackled Tower B and 13th Slab is expected to be casted before December 15th 09. Furthermore block works' activity is progressing on lower floors."
With pics to prove it.

maeag · December 9th, 2009, 05:21 AM

Quote:

Originally Posted by Tankstar

Just got this email today guys: "This is to inform you that we have already casted the 18th floor slab on Tower A and are waiting the green light from Dubai Municipality to move forward with the 19th Slab (ceiling of 18th Floor) and top roof floor on Tower A. In the meanwhile and in order not to stop activity on site we have tackled Tower B and 13th Slab is expected to be casted before December 15th 09. Furthermore block works' activity is progressing on lower floors."
With pics to prove it.

Hi,
I confirm, for the last few days, there is slow activities on Tower B and look like no more on tower A.
I went inside and saw that for the lower floors, block works was done, pipe also already installed
But still a massive work to do...

mpat · December 10th, 2009, 11:11 AM

they will keep working on it for a year or two, minimum ! ! !

pisandre · December 10th, 2009, 11:35 AM

Quote:

Originally Posted by mpat

they will keep working on it for a year or two, minimum ! ! !

No one will try to get penalties from Rufi on this project? If so, what are the compensations offered by Rufi?

mpat · December 11th, 2009, 07:53 AM

Actually there is a very nice clause put in the contract, If tehre are some investors in RTT , we can get all our money back from them,. ,. ,. generally this clause is not put in by all developers.

ianxgrant · December 11th, 2009, 08:01 AM

Quote:

Originally Posted by mpat

Actually there is a very nice clause put in the contract, If tehre are some investors in RTT , we can get all our money back from them,. ,. ,. generally this clause is not put in by all developers.

The only clause I believe in is Santa Clause.

pisandre · December 11th, 2009, 08:31 AM

Quote:

Originally Posted by ianxgrant

The only clause I believe in is Santa Clause.

Agreed. I heard directly from Rufi that RERA considers it is normal in Dubai to have delayed projects. So nothing to hope...

December 8th, 2009, 02:15 PM	#194
Tankstar BANNED Join Date: Sep 2009 Posts: 11 Likes (Received): 0	let's go rufi! Just got this email today guys: "This is to inform you that we have already casted the 18th floor slab on Tower A and are waiting the green light from Dubai Municipality to move forward with the 19th Slab (ceiling of 18th Floor) and top roof floor on Tower A. In the meanwhile and in order not to stop activity on site we have tackled Tower B and 13th Slab is expected to be casted before December 15th 09. Furthermore block works' activity is progressing on lower floors." With pics to prove it.

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November 30th, 2009, 09:36 PM	#188
rjd Registered User Join Date: Nov 2009 Posts: 5 Likes (Received): 0	new to this site. has anyone got any further updates on rufi twin towers as im getting no response from rufi themselves. getting a little concerned as to whats happening

December 1st, 2009, 08:37 AM	#191
maeag Registered User Join Date: Aug 2007 Posts: 233 Likes (Received): 0	Just pass in front of Rufi Twin Towers, There are some activities on both towers A&B

December 1st, 2009, 10:15 AM	#192
rjd Registered User Join Date: Nov 2009 Posts: 5 Likes (Received): 0	had replies from rufi stating tower B construction due to continue very soon once tower A is complete. also completion date around July/August then once inspections done hand over of keys!!!!!! ( heared that before). so should be able to use it by January 2050!!!

December 3rd, 2009, 08:26 PM	#193
برشلونــــي Registered User Join Date: Sep 2008 Posts: 57 Likes (Received): 0	any new photos

December 10th, 2009, 11:11 AM	#196
mpat Registered User Join Date: Feb 2008 Posts: 110 Likes (Received): 0	they will keep working on it for a year or two, minimum ! ! !

December 11th, 2009, 07:53 AM	#198
mpat Registered User Join Date: Feb 2008 Posts: 110 Likes (Received): 0	Actually there is a very nice clause put in the contract, If tehre are some investors in RTT , we can get all our money back from them,. ,. ,. generally this clause is not put in by all developers.