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Industrial Zones Development Industrial projects in Jebel Ali including Dubai World Central, Dubai Industrial City, Dubai Investments Park, Jebel Ali Free Zone South and more



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Old December 11th, 2013, 08:23 PM   #21
VR6
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Quote:
Originally Posted by 3smiles1day View Post
Any latest update?

By the way, what has happened to this thread? I don't seem to be able to access previous replies.
Looks like it has been trimmed right back.

So is there actually any development going on here, that we know of?
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Old January 29th, 2014, 04:49 PM   #22
robbedindxb
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where is my blog? very fishy
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Old February 13th, 2014, 07:50 PM   #23
alik100
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Anyone got an update? has anyone visited the construction site this year?
any news? any idea?
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Old February 13th, 2014, 07:54 PM   #24
alik100
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تحية للجميع

هل لديكم اي معلومات عن اي تقدم بالمشروع؟ هل هناك افكار او حل؟
الرجاء اعلامنا
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Old March 8th, 2014, 04:12 PM   #25
methodinmadness
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Dear All

Myself and another investor visited Royal Estates development recently. They have been building Townhouses within the development area. There is one 'showhouse' apparently finished so we went in and had a look around.

The quality of the build and the materials used are not even 1*. Some of the labourers have been 'using the facilities' so you can imagine its not exactly clean. Poorest standards I have ever seen! What a load of rubbish. Royal Estates should build sandcastles instead. At least you could knock these down and easily start again!

It is extremely unlikey they will ever build a shopping centre or any commercial offices. So if like us you invested in offices, its now time to confront Royal Estates and get our/your money back. Otherwise they will pour all our money into cheap build town houses and sell off the rest of the land to another developer.
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Old March 12th, 2014, 02:03 PM   #26
VR6
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this is really very disappointing, to say the least. Methodinmadness did you take any photos? If so, would you mind posting them up?
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Old March 12th, 2014, 02:08 PM   #27
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Quote:
Originally Posted by VR6 View Post
this is really very disappointing, to say the least. Methodinmadness did you take any photos? If so, would you mind posting them up?
Are you really surprised???
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Old March 16th, 2014, 08:50 PM   #28
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Hi all, I went to the site on Saturday 15th March and have taken some pictures. I will try to upload later.
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Old March 21st, 2014, 01:08 PM   #29
VR6
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Look forward to seeing them, although with due respect to youdesertlife24 I would be keener to see methodinmadness' photos.
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Old March 22nd, 2014, 10:55 PM   #30
alik100
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Hi guys

I would be grateful if you upload the photos you took recently.
we want to get an idea about the situation there.
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Old March 27th, 2014, 11:31 AM   #31
shah100
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Royal Estate

Hi
I have checked on the RERA web site Royal estate is shown as a cancelled project. If anybody has information please let me know.

Shah
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Old April 2nd, 2014, 09:45 PM   #32
shah100
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Project Status Detail for Royal Estate Dubai Investment Park
Its cancelled project.
See project Status


Land Number 3
Area 458
Project Number 945
Project Name THE ROYAL ESTATES
Project Location DUBAI INVESTMENT PARK FIRST
Project Adoption Date 12/13/2007
Project Percentage 6.63
Real Estate Developer Name: ARISTOCRAT STAR INVESTMENT L.L.C
Master Developer Name: DUBAI INVESTMENT PARK DEVELOPMENT CO (LLC)
Trust Account Number: 4498001154
Bank Name: MASHREQ BANK PSC
Project Status Cancelled
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Old April 7th, 2014, 01:04 AM   #33
alik100
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Hi all

yes it has been cancelled. I checked it as well and in both arabic and english version confirmed it.

so, what will happen?

how can we recover our money? any suggestion?
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Old April 7th, 2014, 09:33 AM   #34
shah100
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Royal estate

Dear Sir

1) Please let me know If your investment is in Town Houses or offices or flat.

2) Are you based in Dubai?

Pl let me know then we take this further action.


Regards

Shah
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Old April 7th, 2014, 11:33 PM   #35
alik100
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hi

I do not live in UAE.
I have invested in a flat.

do you know what are the procedures to recover the money?
are they going to give our money back without troubles? or do we need to take a particular action against them to get our money back?

in the past, how did the investors who were in similar situation got their money back? what did they do?

guys, do you know anything about that?

now, the situation become clear after they confirmed they cancelled the project, we have to take a step to get our money back.
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Old April 8th, 2014, 08:54 AM   #36
Colorful
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Quote:
Originally Posted by shah100 View Post
Dear Sir

1) Please let me know If your investment is in Town Houses or offices or flat.

2) Are you based in Dubai?

Pl let me know then we take this further action.


Regards

Shah
Hi Shah,

I have invested in Town House and flat studio. According to RERA website the project has been cancelled and transferred to the liquidation committee of the stalled projects in Dubai Courts, but my lawyer said it still hasn't operated yet. Shall we go to the court or RERA first?
Please, if you are ready for further action, contact me - 0506457232. I live in Dubai.

Regards, colorful.
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Old April 8th, 2014, 03:49 PM   #37
shah100
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Dear Sir

This is the reply received from customer care Royal Estate. Pl ring them for more clarification and also update me.

Shah

Hope to find you well.
The project in process of re-registration , that’s why taking time for status to be an “active”. In case of cancel- Government will never allow to do any work at the side. But there are people on construction side. I’ve been informed by represent on the side - as soon status will be “Active” , work will be speedy, coz will be with pre-cast at the side.


Best regards,


Raisa Gaynutdinova, Customer Relation Executive
Direct: +971 4 306 2993 | customercare@pal.ae
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Old April 16th, 2014, 07:48 PM   #38
shah100
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Land Number 3
Area 458
Project Number 945
Project Name THE ROYAL ESTATES
Project Location DUBAI INVESTMENT PARK FIRST
Project Adoption Date 12/13/2007
Project Percentage 6.63
Real Estate Developer Name: ARISTOCRAT STAR INVESTMENT L.L.C
Master Developer Name: DUBAI INVESTMENT PARK DEVELOPMENT CO (LLC)
Trust Account Number: 4498001154
Bank Name: MASHREQ BANK PSC
Project Status Cancelled
Project Status Detail The project is register in RERA for off plan sales and the records indicate that the project has been canceled and transferred to the liquidation Section of the stalled projects under Trust Account department in order to complete the procedures of adjustments. Please contact the liquidation Section department on the following Email address liquidation@rera.gov.ae.
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Old April 16th, 2014, 11:59 PM   #39
alik100
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Hi shah

can you confirm that is this project the same as palisade project, or is it different?
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