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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 August 25th, 2015, 10:28 PM   #61
Investor2015
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The google group is not working. It shows a 404 error page? Further good idea about this page and google comment. I hate the situation we are in and the moment I chose to invest here.
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Old August 27th, 2015, 11:15 AM   #62
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So what are they doing now?
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Old August 27th, 2015, 11:15 AM   #63
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Worst project in Dubai
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Old August 27th, 2015, 11:16 AM   #64
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How do they do it, fail twice
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Old September 2nd, 2015, 03:35 PM   #65
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Please if anybody still thinking about investing in this failed project don't go through Nesterz real estate and Texture real estate. They are the worst agencies I have ever seen. It can't be any worse really. They will sell you air and later you don't hear anything when you have difficult questions they don't want to answer. But guys you should be able to get your your money back, as they are not doing anything they promised and they are working against the law by not providing you with SPA within time. Talk to DLD and inform them. They must give you your money back as they also know its against the law not to give you SPA.
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Old September 10th, 2015, 09:20 AM   #66
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Hi, does anyone paid the second installment? What's going on.
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Old September 10th, 2015, 07:37 PM   #67
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I didn't. Im not sure about this project whats going on, but for sure they didnt start yet and not looking they will start real soon.
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Old September 14th, 2015, 10:12 AM   #68
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Went to see the construction site. Seems like something is happening, they have an office there and stuff like that.
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Old September 14th, 2015, 06:43 PM   #69
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To be honest good luck with it, I have never seen a more unprofessional developer than this one in my life. They are just thugs. I could have better gambled my money in casino then give it to those sharks. Have you seen something like this: I put a google review on them, 2 min later it has been removed while it didn't contain anything against google terms and so perfectly normal for a review. I try this more often, and they constantly delete it somehow, so this so called developer is more busy deleting bad comments (also from this forum it has happened so many times) on them than building anything. Lets not speak about them not obeying Dubai law. They stole money of me and many other investors, read the stories.
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Old September 18th, 2015, 02:30 PM   #70
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They have put up a few new billboards, and they have done a very nice job of them.
Based on the historical evidence, this should lead to a flurry of marketing activity, the collection of some deposits, and then it will go quiet again for a while. It is most unlikely that they will build much, and even less likely that they will build what they say is planned.
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Old September 21st, 2015, 11:05 PM   #71
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Hi Guys

Not a Good news. This project is going to be delayed more as the founder parent coy Royal Estate sold the project to Texture real estate. Project name will be still Royal Estate but all controlled and managed by texture.
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Old September 21st, 2015, 11:08 PM   #72
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Hi
It will take 4 weeks for all legal paper work to take place.
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Old September 23rd, 2015, 10:28 AM   #73
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http://www.toxicfox.co.uk/updates/wp...-day-gif-4.gif
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Old September 24th, 2015, 11:22 AM   #74
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I have not received legal paper work so I can not contact Texture.
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Old September 24th, 2015, 11:31 AM   #75
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Old September 25th, 2015, 10:30 PM   #76
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Nothing has been sold to Texture, its just another brand they have added to the growing list, Aristocrat Star, PAL Developments , Pacific Ventures, now Texture.
If you download the latest brochure from Textures website, you will find a disclaimer at the bottom of page 24 , which clearly states:

Royal Estates is not owned nor developed by Shah Rukh Khan or any of his affiliates. Aristocrat Star Real Estate Developments LLC , is the owner and developer of the project........

As I understand it Aristocrat has been the developer from day one...2006? The project has been of a pretty similar design for almost ten years...the only thing that hasn't happened in that period is that the project itself hasn't actually been built.

Earlier this year, there was the following announcement: Aristocrat Star Investment awarded a Dh600 million construction contract yesterday to Power Line Gulf Construction for the Dh5 billion Royal Estates project. That's a pretty significant project for a company that doesn't seem to have done anything before, and appears not even to have a website?
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Old September 26th, 2015, 02:15 PM   #77
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Please check this on the website of
lookup.ae


September 2015 Update


It appears there has been a change in management and the developer of the Royal Estates is now Texture Holding (the same developer who is currently completing work on the Al Khail Heights project). The developer confirms that construction has not yet commenced on the site, however, mobilization is ongoing and expectations are that activity will be visible on site wtihin 30 - 60 days.

The developer also confirmed that out of the two parcels of land, one is active, where the current block of apartments consisting of studio and 1 bedroom units are available for sale. The second parcel will have townhouses, apartments and retail.



Cityscape 2015


During Cityscape 2015, Royal Estates announced the re-commencement of sales of there townhouse component. The developer is now offering 2, 3 and 4 bedroom townhouses for sale on a 4 year payment plan. As per the developer's payment-plan, the townhouses will be delivered in 2017. 40% of the sale price would be payable over 2 years after handover
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Old September 26th, 2015, 02:18 PM   #78
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lookup.ae


Property Types Available: Apartments
Location: Mohammad Bin Zayed Road
Status: Under Construction
Year Launched: 2014
Estimated Completion Date: June 2018
Developer: Texture Holding Ltd.
Title Type: Leasehold
Quality Classification: Mid-end
Life Cycle: Under Contruction
Under-Construction Apartments: 1,178
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Old September 27th, 2015, 08:29 AM   #79
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The information on lookup.ae is provided by the promoter, Aristocrat, who have re-branded themselves once again. Today Texture , tomorrow, who knows? History suggests that in a few years you will be gone and all that will remain is sand!
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Old December 14th, 2015, 12:06 AM   #80
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I will be in Dubai next week. Where exactly is the location of the 'supposed' project? I'll make some time to go and take some photos as well, if indeed i'm able to take any. Knowing the way Aristocrat has operated i would imagine that it wont be too easy to access, or even view the development. But it would be nice to see if there is any evidence of the construction of 40 units, as mentioned above.
I spoke some months back to a Polish woman who was trying to convince me that the project was progressing as normal and that the next instalment should be paid. No thanks, i said, not throwing good money after bad.
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