#GROUND WORK: PRODIGY PROJECTS (6 Buildings), 6x5F Res (JV South) - Page 6

oryx12 · August 3rd, 2009, 09:24 AM

Hi All,
I have been recieving calls and also emails from MINC for paying the admin fee for the title registration, but i am not really comfortable with paying them anything more, and definitely not the admin fee! Does anyone know what is the progress of Prodigy 1, when is the expected completion date and also the payment plan dates, as i have not been sent those updates yet.
How many investors do we have on this forum for Prodigy 1? do we all agree on not paying the admin fee???

stevegerald2000 · August 3rd, 2009, 07:15 PM

I am also getting calls for admin fee. I visited UAE last month and the ground work is progressing. They say it is on track for Oct 2010. I am not comfortable paying more but probably we have to end up paying it as they say only developer can do the registration.

arash89 · August 4th, 2009, 05:40 PM

you can register the unit ur self, who told u only developer can register,

laguna33p · August 4th, 2009, 08:44 PM

In my opinion the admin fee can be paid at anytime to register the unit, I dont see why Minc are trying to rush the registration process.

stevegerald2000 · August 4th, 2009, 10:14 PM

A lady who called from MiNC told me that only developer can use Qdoos software and register and if admin fee is not sent they will not be responsible for registring. I don't believe them however I don't know what will be the result if I don't pay.

stevegerald2000 · August 4th, 2009, 10:23 PM

If any of you guys decide on paying or not paying please post on this forum.

kingv · August 5th, 2009, 07:08 PM

I have had emails back and forth regarding the admin fees. They confirmed this was not a legal fee but admin costs they incurred in their training to use the system etc. This is rubbish because they cant ask this from all 500 or so property owners from all flats in prodigy 1-6 as the amount is large if you add it!

I see this fees as an overhead to the company not on my property as the company has to do this if they want to stay in this line of business in the future.... so why should I pay for this? Next they will be asking us to pay for an upgrade to their email system, or training/expenses to do something else. When will this stop!

I am a contractor myself and I never ask my customers to pay to train me!

k4 · August 7th, 2009, 06:52 PM

These guys do not seem to be trustworthy & their approach is unprofessional. I received an email requesting admin fee & 2% for the land fee. Then a few weeks later (on a different letterhead) they change their story & only ask for the admin fee!! I have emailed them on both occasions without a response from them. There were also supposed to be some forms attached but of course there was not.

I am also not comfortable paying anything more to them until they can at least prove that the project is progressing & stop changing their story & be truthful.

These people have messed us around enough & they need to show a sign of good faith by at least registering the units which will give us some reassurance!

Probably like everyone else I have no idea if you can register yourself.

oryx12 · August 9th, 2009, 09:27 AM

What is the progress on this project anyways? how far has prodigy 1 reached and what is the estimated compeletion date and new payment plan structure has anyone recieved this info??

k4 · August 17th, 2009, 01:05 PM

Anybody heard anything or has anyone paid the admin fee so far?

ziggy786 · August 17th, 2009, 01:08 PM

Are u suppose to pay the land registry fee of 2% as well?

laguna33p · August 17th, 2009, 03:57 PM

The 2% they only want on completion.

oryx12 · August 25th, 2009, 10:52 AM

I recieved a call from Minc saying i have to pay this pre registration otheriwse i will have to bear the responsblity of any penalties dues to the unit being registered????? has anyone else recieved such call? what is everyone doing? Is this somethign that has to be done? what are the penalties?

laguna33p · August 25th, 2009, 11:09 AM

As far as I'm aware only a few investors have paid the registration fee and I've not had the call from Minc about penalties. Im sure registration can be delayed until completion.

oryx12 · August 25th, 2009, 11:20 AM

according to the land department all units have to be registered and any such units will not be considered as proper sales, and the developer can cancel the sale too!! reatining 30% of the amount paid!!!

kingv · September 1st, 2009, 05:50 PM

still have not paid anything. I did receive the phone call and emails etc but still don't believe it is something they should charge us for.

Anyone know if there has been any progress on Prodigy3?

I still haven't signed the new contract papers and revised payment schedule they sent 6 months ago! Should I? I do plan to pay them if there is any progress but why include a new schedule of payments tied to dates when they have no clue themselves....not happy to sign that.

ziggy786 · September 2nd, 2009, 10:45 AM

What do people think of the Project service charges on top of Nakheels service charges. Also did you know that you cannot form your own association until after 4 yrs so you will have to allow Minc to run the building and charge you Project service charge

mokha · September 2nd, 2009, 06:41 PM

Ziggy786 what do you mean by Project service charges I have never heard of this?
What project are are you refering to?

ziggy786 · September 2nd, 2009, 07:17 PM

with Each building, Minc will charge a service charge to run the building they call it a project charge

mokha · September 3rd, 2009, 11:12 AM

Any figures given for the amount Minc want for these Project service charges ?

August 3rd, 2009, 09:24 AM	#101
oryx12 Registered User Join Date: Feb 2009 Posts: 45 Likes (Received): 0	Prodigy 1 Hi All, I have been recieving calls and also emails from MINC for paying the admin fee for the title registration, but i am not really comfortable with paying them anything more, and definitely not the admin fee! Does anyone know what is the progress of Prodigy 1, when is the expected completion date and also the payment plan dates, as i have not been sent those updates yet. How many investors do we have on this forum for Prodigy 1? do we all agree on not paying the admin fee???

August 5th, 2009, 07:08 PM	#107
kingv Kingv Join Date: Jan 2009 Posts: 9 Likes (Received): 0	admin fees of 1500AED I have had emails back and forth regarding the admin fees. They confirmed this was not a legal fee but admin costs they incurred in their training to use the system etc. This is rubbish because they cant ask this from all 500 or so property owners from all flats in prodigy 1-6 as the amount is large if you add it! I see this fees as an overhead to the company not on my property as the company has to do this if they want to stay in this line of business in the future.... so why should I pay for this? Next they will be asking us to pay for an upgrade to their email system, or training/expenses to do something else. When will this stop! I am a contractor myself and I never ask my customers to pay to train me!

August 25th, 2009, 10:52 AM	#113
oryx12 Registered User Join Date: Feb 2009 Posts: 45 Likes (Received): 0	Prodigy pre registration I recieved a call from Minc saying i have to pay this pre registration otheriwse i will have to bear the responsblity of any penalties dues to the unit being registered????? has anyone else recieved such call? what is everyone doing? Is this somethign that has to be done? what are the penalties?

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

August 3rd, 2009, 07:15 PM	#102
stevegerald2000 Registered User Join Date: May 2009 Posts: 46 Likes (Received): 0	I am also getting calls for admin fee. I visited UAE last month and the ground work is progressing. They say it is on track for Oct 2010. I am not comfortable paying more but probably we have to end up paying it as they say only developer can do the registration.

August 4th, 2009, 05:40 PM	#103
arash89 Registered User Join Date: Sep 2007 Posts: 21 Likes (Received): 0	you can register the unit ur self, who told u only developer can register,

August 4th, 2009, 08:44 PM	#104
laguna33p Registered User Join Date: Oct 2006 Posts: 425 Likes (Received): 0	In my opinion the admin fee can be paid at anytime to register the unit, I dont see why Minc are trying to rush the registration process.

August 4th, 2009, 10:14 PM	#105
stevegerald2000 Registered User Join Date: May 2009 Posts: 46 Likes (Received): 0	A lady who called from MiNC told me that only developer can use Qdoos software and register and if admin fee is not sent they will not be responsible for registring. I don't believe them however I don't know what will be the result if I don't pay.

August 4th, 2009, 10:23 PM	#106
stevegerald2000 Registered User Join Date: May 2009 Posts: 46 Likes (Received): 0	If any of you guys decide on paying or not paying please post on this forum.

August 7th, 2009, 06:52 PM	#108
k4 Registered User Join Date: Aug 2009 Posts: 14 Likes (Received): 0	These guys do not seem to be trustworthy & their approach is unprofessional. I received an email requesting admin fee & 2% for the land fee. Then a few weeks later (on a different letterhead) they change their story & only ask for the admin fee!! I have emailed them on both occasions without a response from them. There were also supposed to be some forms attached but of course there was not. I am also not comfortable paying anything more to them until they can at least prove that the project is progressing & stop changing their story & be truthful. These people have messed us around enough & they need to show a sign of good faith by at least registering the units which will give us some reassurance! Probably like everyone else I have no idea if you can register yourself.

August 9th, 2009, 09:27 AM	#109
oryx12 Registered User Join Date: Feb 2009 Posts: 45 Likes (Received): 0	What is the progress on this project anyways? how far has prodigy 1 reached and what is the estimated compeletion date and new payment plan structure has anyone recieved this info??

August 17th, 2009, 01:05 PM	#110
k4 Registered User Join Date: Aug 2009 Posts: 14 Likes (Received): 0	Anybody heard anything or has anyone paid the admin fee so far?

August 17th, 2009, 01:08 PM	#111
ziggy786 Registered User Join Date: Aug 2009 Posts: 13 Likes (Received): 0	Are u suppose to pay the land registry fee of 2% as well?

August 17th, 2009, 03:57 PM	#112
laguna33p Registered User Join Date: Oct 2006 Posts: 425 Likes (Received): 0	The 2% they only want on completion.

August 25th, 2009, 11:09 AM	#114
laguna33p Registered User Join Date: Oct 2006 Posts: 425 Likes (Received): 0	As far as I'm aware only a few investors have paid the registration fee and I've not had the call from Minc about penalties. Im sure registration can be delayed until completion.

August 25th, 2009, 11:20 AM	#115
oryx12 Registered User Join Date: Feb 2009 Posts: 45 Likes (Received): 0	according to the land department all units have to be registered and any such units will not be considered as proper sales, and the developer can cancel the sale too!! reatining 30% of the amount paid!!!

September 1st, 2009, 05:50 PM	#116
kingv Kingv Join Date: Jan 2009 Posts: 9 Likes (Received): 0	still have not paid anything. I did receive the phone call and emails etc but still don't believe it is something they should charge us for. Anyone know if there has been any progress on Prodigy3? I still haven't signed the new contract papers and revised payment schedule they sent 6 months ago! Should I? I do plan to pay them if there is any progress but why include a new schedule of payments tied to dates when they have no clue themselves....not happy to sign that.

September 2nd, 2009, 10:45 AM	#117
ziggy786 Registered User Join Date: Aug 2009 Posts: 13 Likes (Received): 0	What do people think of the Project service charges on top of Nakheels service charges. Also did you know that you cannot form your own association until after 4 yrs so you will have to allow Minc to run the building and charge you Project service charge

September 2nd, 2009, 06:41 PM	#118
mokha Registered User Join Date: Feb 2009 Posts: 15 Likes (Received): 0	Ziggy786 what do you mean by Project service charges I have never heard of this? What project are are you refering to?

September 2nd, 2009, 07:17 PM	#119
ziggy786 Registered User Join Date: Aug 2009 Posts: 13 Likes (Received): 0	with Each building, Minc will charge a service charge to run the building they call it a project charge

September 3rd, 2009, 11:12 AM	#120
mokha Registered User Join Date: Feb 2009 Posts: 15 Likes (Received): 0	Any figures given for the amount Minc want for these Project service charges ?