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    Investors against interpretation of law no 13

    There was no meeting in th eLand Department yesterday. Nothing has changed at the moment ! The only reason behind this interpreation is: The Government and the Developers were afraid that nearly all their clients want to default purposely to get 70% of what they paid back. This would have...
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    No more frustration over project delays

    Please check out this article which I found: https://www.zawya.com/story.cfm?id=ZAWYA20080925084445&page=emailstory&section=main ...... All three officials said the global financial credit crunch, negative market reports or the recent wave of investigations in Dubai will not damage the...
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    Investors against interpretation of law no 13

    Please Guys, dont forget to register in our group thrugh the following email: investorslaw13 @ hotmail . com (remove blanks please) We will than invite you to the google group ! We have already 122 memebers and all of them own approx. 1 Billion AED in offplan projects ! We received...
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    Investors against interpretation of law no 13

    NEWSPAPER TODAY ! On a night like this: The biggest party ever Industry leaders and A-list celebrities join Kylie Minogue for the grand opening of Atlantis The Palm. I am so happy that we dont have any other problems ! Btw. lets say: the show is over !
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    Investors against interpretation of law no 13

    Please join up the group as we will take care of all these topics. Already until 7pm we have 108 members, and we are preparing a lot of good actions like: 1. General and Official meeting to discuss the current matters 2. Set up an google group to spread informations fast 3. Prepare a...
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    Developer demanding £££££££s

    The resale for this project is dead ! The developer is asking for 1000 AED to cover the cost ! He is lying and cheating again ! If you look in my calculation his total overhead is covered with a maximum of 900 AED per Sqft. If he wants 1000 that means he want to get 12% profit !! Cheap...
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    D1 Tower Dubai Creek

    We should all fight thet the law stays at it was published. No matter when you signed you contract, you should get you money paid back less 30%. Any matured developer shall approach his clients and work out feasible solutions to save his project. No one shall be blackmailed or forced...
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    Developer demanding £££££££s

    Just spoke to a developer about this matter and I can give you some facts: 1. Everything they explained regarding their difficulties is right, especially the problems with Nakheel as Master developer. Now some numbers and I hope I can help you guys: Land Cost in Jumeirah Village: 120...
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    Investorslaw13 @ hotmail . com -> THE BALL STARTED TO ROLL ! GULF NEWS CONTACTED US !

    Dear forum, today is the first day the ball starts to roll, thanks to all you effort we received today an email from Gulf News. They want to join us ! Lets see if it is serious ! Please continue now even more to spread this email adress, if Gulf News will join us wenn we meet in front...
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    Correction or Crash?

    Water Home Palm Jebel Ali: 3.800.000 negotiable Garden Home Palm Jebel Ali: 5.000.000 negotiable Springs Townhouses: 20% compared to 6 month ago Plots in Dubail Land and Jumeirah Village: 130 AED/Sqft. price from December 2006 Jumeirah Lake Towers: One bedroom in Goldcrest 900.000...
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    Correction or Crash?

    Figures for the next year in a conservative and realistic way: 1) Ready Properties will decrease to the level of 2006 maybe Middle 2007 if we are lucky. I am connected to agents networks and I receive tons of mails with distressed sales. Already with prices from Middle of 2007 and even less...
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    JOIN FORCES -> investorslaw13 @ hotmail . com (remove blanks please)

    Many people send me already an email, and circulated this email adress throughout their friends !!! The current update: No of poeple who joint: 45 Total Property Value: 460 MIO AED I will wait until Wednesday, than I will consolidate the list and I will organize the first meeting...
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    Correction or Crash?

    Some Comments to this Dreamer in this forum: SOme informations are already published some are rumors, which I heard from reliable sources in the Dubai government. 1. Dubai is bancrupt everybody knows this, dont close you eyes just look at the numbers. 2. Dubai has nearly now oil...
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    Be Ready

    Are you guys living in a dreamworld ????????? 1. Projects like Jumeirah Gardens from MEERAS will be postponed. (read newspaper) 2. Nakheel Harbour postponed 3. Arabian Canal Limitless postponed Dubai is bancrupt guys, there is no plan to save everybody. Dubai Government will sell...
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    Investors against interpretation of law no 13

    NEW EMAIL: Please try the new email adress, please remove theblank before and after the @ symbol and of course before and after the dot. I cannot post it without the blank because it says that I need to be an active member investorslaw13 @ hotmail . com If it is working can someone...
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    Investors against interpretation of law no 13

    From my understanding you do have the rights. But I am also sure that some developers will try not to register you name, with the reason that you are in default of payment. And than the will try to say that as per article 3, any ancilary rights are void. Anyway you can only secure 70% of...
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    Investors against interpretation of law no 13

    1)Does your off plan purchase have to be registered with the land department before you can benefit from law 13, which would mean having to find 2% of the purchase price? Answer: You will benefit from law no 13, Article 11 only if you have a new contract. New means as the Land Department...
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    Investors against interpretation of law no 13

    Dear all, thanks to the huge respond about the topic. We really need to join and fight for our money. Most of us worked hard for the money, maybe it is their lifes savings. To recover from a collateral damage with the upcoming recession will be tough or impossible. As the developers...
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