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Dubai Waterfront and Palm Jebel Ali Developments on Nakheel's second palm and the new surrounding city


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Old March 8th, 2009, 03:36 AM   #321
houshang
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Quote:
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Houshang, thanks I've mailed you

Cheers

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I am afraid I have not received any mail from you.You only need to send me your e-mail by a private message.
Thanks
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Old March 28th, 2009, 12:11 PM   #322
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RERA Construction Update

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Old July 20th, 2009, 01:11 PM   #323
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http://www.arabianbusiness.com/56224...-site-in-dubai
Damac accused over selling flats on UN site in Dubai
https://www.skyscrapercity.com/showth...=411757&page=8
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Old September 7th, 2009, 06:52 AM   #324
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Quote:
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I don't really understand what this has to do with this thread??

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Family Hotels Palm Springs
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Old September 7th, 2009, 02:21 PM   #325
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http://www.gulfnews.com/business/Rea.../10346931.html
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Old November 5th, 2009, 12:13 AM   #326
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I've heard back and forth? Like they were possibly planning on canceling this? It sounds like a bit of a mess.


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Last edited by DBray; November 10th, 2009 at 10:00 PM.
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Old November 5th, 2009, 09:30 PM   #327
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I think Nakheel are about to suspend PJA indefinately. Damac will move to cancel and move investors to other developments. Ocean Heights would be my choice.
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Old November 5th, 2009, 09:33 PM   #328
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Nakheel has only a month left...

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Nakheel offer casts doubt on project


Last Updated: November 05. 2009 11:32PM UAE / November 5. 2009 7:32PM GMT

The future of the vast reclaimed island is now in doubt.

Nakheel has offered investors in the stalled Palm Jebel Ali development alternative homes on other projects, casting further uncertainty over the future of the vast reclaimed island.

http://www.thenational.ae/apps/pbcs....711059912/1040
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Old June 10th, 2010, 02:17 PM   #329
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Good News for Investors

Have you burnt your fingers investing in the UAE off-plan real estate market, with varying circumstances such as incomplete projects, unresponsive developers, uncertified projects, uncaring brokers or unknown promoters contributing to your ill-fate? Here is some much needed respite for you: We have partnered with various reputed and government-backed developers to offer your ready projects, wherein you can take advantage of unique recovery programs that give due consideration to the investments you have already made and considered lost.

Our Real Estate Recovery Scheme is one such program that takes into account your current investments on a failed or distressed project and adjusts that against payments towards a choice of ready projects. Furthermore, our selection of affordable properties, combined with competitive payment plans through select local banks gives you the opportunity to own your own property at monthly payment outflows that are even comparable to current rental payouts for similarly classified units at other locations. The added benefits of future rental and capital gains potential make this offering an opportunity not to be missed.

Please contact us for Further details.


James Varghese – [email protected] + 971 50 2159441
Inas Shlibak - [email protected] +971 50 1427988
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Old August 23rd, 2011, 07:47 AM   #330
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So you can move to the NEVER BUILT now:


Damac Properties offer cash refund options to Palm Springs investors


Options include 70% refund in two weeks, or 100% with 25% paid in two weeks and rest at 25% over three years

By Parag DeulgaonkarPublished Tuesday, August 23, 2011

In an effort to end the stalemate with investors of Palm Springs project in Palm Jebel Ali, Damac Properties has offered them cash refund options, 'Emirates 24|7' can reveal.

Investors claim that company executives of the Dubai-based developer, who recently met them, offered the options of cash refund at 70 per cent within two weeks, or 100 per cent with 25 per cent paid within two weeks and the rest paid at 25 per cent over the three subsequent years.

Although the developer did not respond to our queries, Niall McLoughlin, Senior Vice-President Corporate Communication, Damac Properties, in an emailed statement, said: “Damac is fully committed to working with Palm Springs Investors to bring closure to this issue.”

http://www.emirates247.com/property/...08-23-1.414652
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Old March 1st, 2012, 03:01 PM   #331
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Hi:

I need to get in touch with Craig Murray, the spokesman for the palm springs investor group please. Can you pm if you have any contact details please.

http://www.emirates247.com/property/...08-24-1.414992

Need some advice...
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Old April 8th, 2012, 08:14 PM   #332
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Remaining Palm Springs investors secure 100% refund

Quote:
By Elizabeth Broomhall | Sunday, 8 April 2012 2:24 PM

Almost all of the investors in Dubai’s incomplete Palm Springs project have received a refund from the developer.
http://www.arabianbusiness.com/remai...nd-453142.html
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Old October 2nd, 2013, 10:15 AM   #333
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So, can we claim that it is cancelled?
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Old October 16th, 2015, 09:28 AM   #334
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Cancelled or not?
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