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  1. P

    What happened to Elite investors group?

    Yea they are still building, but slow. Anyhow, they are building.
  2. P

    What happened to Elite investors group?

    What happened to Elite investors group? Where are the people?
  3. P

    Elite 7 unit owners/investors.

    Hi to all Elite 7, To get a fair solution from Triplanet, lets group ourselves for negotiations. Regards,
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    Elite in sports city

    I didn't get the credit but I'm trying to convenience them about the credit transfer (credit note),since it has worked for many developers and investors. It depends on the developer, if they can, then they should be able to transfer the credit into a unit in another project. Some developer...
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    Credit notes\consolidation

    First you need a trust-able brokerage firm. Hamptons was perfect for me. The will first take the cheque from buyer and deposit in their account. When the get the money than you can move forward without any worries. This was for emaar, you need to give power of attorney to the buyer of credit...
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    Got the money back

    With Emaar the best thing I had was the credit transfer (credit note). Lost 40% because Emaar credit notes were selling at 40% discount, but market is down by 40% to 50% so it didn't matter much. In fact, it helped me to re-invest in the place of my choice. When market recovers 40% loss will...
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    Consolidation

    Well, that one depends on the developer if the developer will allow such consolidation.
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    Consolidation

    you can sign a join ownership agreement. But depends on the price, you have to think why somebody has to invest 50% in your property?
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    Elite in sports city

    I agree with the above. As for Elite7 I think we need to go as a group and work something out. I'm willing to sell my credit, it help some other person with discount, Triplanet would get some cash too, and I'll get some of my cash without waiting an year.
  10. P

    Elite in sports city

    Elite investors, join the group: http://groups.google.com/group/triplanet_investors_group
  11. P

    Cnn interview

    What is the exact time and location?
  12. P

    Elite in sports city

    What happened to the Elite group? Now Triplanet is threating to forfeit the 40% I paid in Elite 7. I told them give me credit note, other developers are doing this. Other person will get discount, it saves them giving discount as they are not giving any discount, and I'll recover some cash. But...
  13. P

    ITV series wants Dubai property stories to investigate

    I hope they do justice and don't make it about Dubai and show the corrupt developers. These developers need some media bashing who have taken life savings of many people and not behaving in investor friendly manner.
  14. P

    Power of Attorney

    Yup you need all the documents got to court to revoke it, but don't know how it will work from outside dubai
  15. P

    Spain: Paradise lost

    video is available online: ?????????
  16. P

    Spain: Paradise lost

    Over a million Britons now call Spain home. They left behind grey skies and the daily grind, hoping for a better life in the sunshine. And for some, the dream came true. But some would have been better off staying in Blighty. In the first of this two part series, ITV looks at the crash of...
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    Is the Dubai property market falling apart or finding a level?

    Depends on which emiratis. I'm talking about allowing to buy property in local areas. If emirati already has property in those locations then they will see their wealth double, as for Emiratis who can't afford to buy they will be pushed down further. In Al barsha and Jumeriah you can see the...
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    Is the Dubai property market falling apart or finding a level?

    That will drop the prices further in freehold areas.
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    Is the Dubai property market falling apart or finding a level?

    imo, there is another wave coming of panic selling, but that would be last wave. Don't expect price to go lower after that. It is just my technical and financial analysis, but I could be wrong. Your price would make dhs 524 per sq ft. I don't think you will find that price in a good and new...
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    Is the Dubai property market falling apart or finding a level?

    if you find one at that price let me know.
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