#PROJECT-Ras Al Khaimah: BLU MIRAGE

[beer51]

Sorry to hear the death of Sheikh Sultan Bin Saqr Bin Mohammad Al Qasimi my condolences to all his families.

[Lannoun]

as per their e-mail about visiting the site, we requested to go in 2 weeks time but they replied back that they couldn't accomodate our request for the site visit on that day. we sent them an e-mail asking for the reason, still awaiting their reply.

[Ali_Syed]

Was Shaykh Al-Qasimi the ruler of RAK?

[Jasmine's Dad]

Originally Posted by Ali_Syed

Was Shaykh Al-Qasimi the ruler of RAK?

He was one of the sons of Sheikh Saqr al Qassimi [incidentally the world's oldest reigning monarch at 91] who rules with H. H. Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah.

[paddystani]

Originally Posted by Lannoun

as per their e-mail about visiting the site, we requested to go in 2 weeks time but they replied back that they couldn't accomodate our request for the site visit on that day. we sent them an e-mail asking for the reason, still awaiting their reply.

The first 90% of a project takes 90% of the time, the last 10% takes the other 90% of the time
You pay peanuts and you get monkeys. In some organizations you pay doughnuts and you still get monkeys.

[LAXEY]

Originally Posted by Lannoun

as per their e-mail about visiting the site, we requested to go in 2 weeks time but they replied back that they couldn't accomodate our request for the site visit on that day. we sent them an e-mail asking for the reason, still awaiting their reply.

Hi Lannoun

I also will be visiting dubai in a couple of weeks to see the site so i have e-mailed jin and i am awaiting reply - lets see what happens! Good luck to us both

[Jasmine's Dad]

Originally Posted by LAXEY

Hi Lannoun

I also will be visiting dubai in a couple of weeks to see the site so i have e-mailed jin and i am awaiting reply - lets see what happens! Good luck to us both

Yep - good luck to you both - we really could do with some independent assessment of status & you can ask all the questions you want!! Given that this stupid process was supposed to make things more efficient you would think they would have it working like a well oiled machine. Then again...

[paddystani]

Originally Posted by LAXEY

Hi Lannoun

I also will be visiting dubai in a couple of weeks to see the site so i have e-mailed jin and i am awaiting reply - lets see what happens! Good luck to us both

Hi LAXEY, I noticed that there's a group of investors from 5th avenue that are trying to get together to get their refund.
I'm getting to a point where I believe that this project is going to get dark clouds of Chinese Whispers over the horizon. With soo many Escrow protected Developments being frozen, can we put blind faith and hope for the best outcome????
Let me quote some Shakespear,"Now is the winter of our discontent
Made glorious summer by Paramount Properties;
And all the clouds that low'r'd upon our Blu Mirage Project
In the deep bosom of the ocean buried."

Hmmmm...Well I guess we'll have to grin and bear it


I'm planning to go to Dubai next year hopefully before Easter or during Easter Holiday period.
I visited Paramount Properties Dubai Office, in November 2008 it all felt soo positive...Ummmm....Ahhhh....Hmmmmm..However alot has happenend since then.
Que sera sera. Whatever will be will be. The future's not ours to see. Que sera sera

[Lannoun]

Originally Posted by LAXEY

Hi Lannoun

I also will be visiting dubai in a couple of weeks to see the site so i have e-mailed jin and i am awaiting reply - lets see what happens! Good luck to us both

please let me know when you get the reply, i find it strange that they sent an e-mail telling us we can visit and when we request a date they say they cannot accomodate

[paddystani]

Originally Posted by Lannoun

please let me know when you get the reply, i find it strange that they sent an e-mail telling us we can visit and when we request a date they say they cannot accomodate

Yeah it's a bummer...Firstly they e-mail us and state...Errrmmmm.....Yeah vist the building site...Than....They go silent.
Ahhh...Geeeeezzeeeee...Double talk sucks

[mushy199]

Originally Posted by paddystani

Hi LAXEY, I noticed that there's a group of investors from 5th avenue that are trying to get together to get their refund.
I'm getting to a point where I believe that this project is going to get dark clouds of Chinese Whispers over the horizon. With soo many Escrow protected Developments being frozen, can we put blind faith and hope for the best outcome????
Let me quote some Shakespear,"Now is the winter of our discontent
Made glorious summer by Paramount Properties;
And all the clouds that low'r'd upon our Blu Mirage Project
In the deep bosom of the ocean buried."

Hmmmm...Well I guess we'll have to grin and bear it


I'm planning to go to Dubai next year hopefully before Easter or during Easter Holiday period.
I visited Paramount Properties Dubai Office, in November 2008 it all felt soo positive...Ummmm....Ahhhh....Hmmmmm..However alot has happenend since then.
Que sera sera. Whatever will be will be. The future's not ours to see. Que sera sera

Who are these 'group of investors from 5th Avenue ? I want to join them..

[paddystani]

Originally Posted by mushy199

Who are these 'group of investors from 5th Avenue ? I want to join them..

Hi mushy199,

There's a group of investors from 5th avenue that are trying to get together to get their refund.These are people who invested in scam developments and are now going to Dubai to seek their refunds...Just look at the shit with LHB, I mean honestly RAKIA is a toothless tiger...C'mon Khoie scammed people, and yet RAKIA have to get this fraudsters permission before they can take over the project? So I guess this will take years & years to complete......
there will be more and more Dubai scandals being exposed in British media
and that will have a negative impact on the property market.
I mean just take the example with Damac's Lincoln Park Development..The poor Investors know that this project is going down the crapper, they have been told unintelligible bullsh#t by DAMAC'S customer relations team of poppycock-peddlers, dispite Channel 4's exposing DAMAC'S lies in a documentary on TV (CHANNEL4)...Hmmm..So..DAMAC reassures the investors and keeps telling them relax your funds are safe in the Escrow account, however unless DAMAC states that the project has been cancelled the investors will not be able to get their money back! It's a Catch 22 situation!If brains were dynamite, DAMAC wouldn't have enough to blow the kneecap off a flea!

Just read this following thread from a disgruntled DAMAC investor:
November 12th, 2009, 12:48 AM #22
azadforty
Registered User

Join Date: Nov 2009
Posts: 3

We secured a unit on the Westside Lincoln Park building in Nov 2007. We are aware that there has been a long delay in construction and it should have been completed in mid-2010. I have checked my contract and there is no mention of the anticpated completion date. Has anyone been given a date? I think it will be at least 2012, five yaers after the launch. But I think that Damac are trying to get out of compensation by not commiting to a completion date. Should they not be paying for lost rental income because of delay? Plus, I hope that any design changes does not mean that I have to pay more for the unit. Plus, I think the delay is strategic between master developer , mizin and the RERA and Government to slowdown development and re-dress the supply-demand equation. Would welcome any opiions on this. Plus, I dont know the true market value of my unit given the recent price changes. I secured for 447,300 AED, 375 sq ft studio in Nov 2007. All replies answered.

Regards
azadforty@yahoo.co.uk

I mean Frankie boy wouldn't know a clue if it walked up to him, bit him on the ass in his jail cell, and announced 'I AM A CLUE.
Please check the 2 relevant threads at the following website. Viva RAKIA! Lets hope they kick start the LHB project soon.

http://www.propertycommunity.com/forum/uae-property/

[paddystani]

Originally Posted by paddystani

The first 90% of a project takes 90% of the time, the last 10% takes the other 90% of the time
You pay peanuts and you get monkeys. In some organizations you pay doughnuts and you still get monkeys.

One more important point, delay in handover with regards to the Blu Mirage, may come under the 'Force Majure' provision in your contract - 'Act of God' - in the sense that it was beyond the developers control and as such, will not be held liable. In addition, as we all know from previous cases, going to court in that jurisdiction - the chances of you prevailing based on the 'completion date / cancellation' clause in your contract - will be slim and none - AND - it will probably cost you a hefty sum to take to take it court, as many of the attys in that part of the woods seem to share the Lost Kray genes... You'll fork over the money, months will drag and then you will lose, totally forked

[paddystani]

Hi Guys & Dolls, this news article is not exactly good for RAK'S image is it??

Message
RAK rejection as America's Cup venue unfair: official
Swiss team Alinghi training off the coast of Ras Al Khaimah earlier this year. (AFP)
Print storyContact newspaper editorSend to a friend
By

Bilal Mohammed on Thursday, December 17, 2009

Tuesday's decision by New York State Supreme Court's appellate division not to hold the world's most prestigious yachting race in the UAE is unfair, a top yachting official said.

Saeed Harib, President of the UAE Marine Sports Federation and CEO of Dubai International Marine Club told Emirates Business that Ras Al Khaimah's suitability as host had been examined and okayed by an official committee. "A small island in the sea has been prepared for each team – the America's Cup cannot dream of this anywhere else in the world,"?he said.

"The UAE is known for its safety and its organisation of big international events such as the Formula 1 Grand Prix and the Fifa Club World Cup. So, it's clear organising the event will not be a problem."

Defending champion Alinghi of Switzerland wanted the race to be held in Ras Al Khaimah in February or May, citing ideal sailing conditions as its justification.

The court's decision made it almost certain that the Spanish city of Valencia will host the 33rd racing of the America's Cup next year, and it marked a possible end to a more than two-year legal battle over the terms of the race. The Alinghi team, which sails under the colours of Societe Nautique de Geneve (SNG), said after the ruling it looked forward to racing in Valencia in February next year.

Defending champions are normally entitled to name a venue for the next race as long as it meets Cup rules.

California-based challenger BMW Oracle, which sails under the Golden Gate Yacht Club colours, objected to the UAE venue, saying it was unfair because it was transporting equipment to Valencia.

"I think there was conflict between two teams, and Ras Al Khaimah was a victim at the end,"?Harib said. "The second party (BMW Oracle) should have met with concerned bodies and offered its requirements, but they committed a big mistake when they raised the issue in the media. They did not show co-operation."

According to the Deed of Gift, the document that established those rules, races held between November and May must take place in the southern hemisphere.

Although Spain, like the UAE, is in the northern hemisphere, Valencia has been deemed acceptable because it was the site of the previous race in 2007.

On October 30, the New York State Supreme Court ruled the UAE choice violated the rules, a ruling that prompted Alinghi to offer Valencia as a substitute before it reversed course and settled on the UAE again.

The appeals court on Tuesday reinstated that earlier ruling.

http://www.business24-7.ae/Articles/...459dc1809.aspx

[paddystani]

http://www.cityoflifefilm.com/

Looks interesting?

[paddystani]

Merry Xmas to you all and & a prosperous 2010

[Jasmine's Dad]

2009 has been a challenging year for us poor old BluM investors - this forum has been a help to me allowing us to sometimes sound off, sometimes pull together and sometimes laugh out loud!!

I am off on my Christmas holiday so I hope everyone invested in BluM & across Al Marjan has a great Christmas & a new flat in the new year

[LAXEY]

[QUOTE=Jasmine's Dad;48896563]2009 has been a challenging year for us poor old BluM investors - this forum has been a help to me allowing us to sometimes sound off, sometimes pull together and sometimes laugh out loud!!

I am off on my Christmas holiday so I hope everyone invested in BluM & across Al Marjan has a great Christmas & a new flat in the new year [/QUO

Do you really think BluM investors will get a new flat in the new year? Well anyway the world lives in hope! Merry Christmas and a happy new year to all!

[LAXEY]

Originally Posted by Lannoun

please let me know when you get the reply, i find it strange that they sent an e-mail telling us we can visit and when we request a date they say they cannot accomodate

I am still waiting for a reply from jin! have you heard anything yet? Let us know.

[Lannoun]

Originally Posted by LAXEY

I am still waiting for a reply from jin! have you heard anything yet? Let us know.

i have requested to go to the site but my request was refused so i called Jin to see why and of course she couldn't give me a straight answer, first she said that the person who is supposed to take us is not there then in the same conversation she said he is taking people so i asked her to book us at a later date and of course i haven't heard anything from her yet even though i have e-mailed her twice, i really don't know what's happening there it all sounds a bit fishy to me. are you still coming to dubai?