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Ownerinvest............. Whats happening with my deal in Spain.....Royal Suites Marbella. You guys don't return emails and your website has dissapeared? I smell a rat with you lot!

Hi Jim, As always, I stand open to correction, however........ I am not sure where the others get their info from, but here is a link to the text of the actual law. Welcome to the Official Dubai Real Estate Community Th one you are looking for is about halfway down and is called law...

Hi Dobuy, The only catch with telling the tenant you gonna live there is that you may not "change" your mind and rent it out for at least 1 year. If the tenant finds out that this is what you have done, he can approach the rent committe for compensation. Regards Kenny

Hi Jim, Also see my response to your other thread. I am not sure why you have a problem. If the contract period is stated then you may tell the tenants to move out at the end of the contract period. However, law 26 article 6 states the following :- This means that you are stuck with...

Hi Jim, I understand that the government here will be releasing a rental list in the near future giving giudelines on what rents may be charged in what areas. Based on this, you may increase the rents of your apartments if it is in line with the stated market rates. Furthermore, you can...

Sasher, Actually, if you bother to read what I had wrote, you will see that to a very limited extent, I support some of your views. We just disagree on the extent. Furthermore, I never said your view was bull.....I said your "not having time to write a report" was bull......and I stand by...

Hi guys, Sasha, corruption happens all over the world. I do not see how it is any worse here in Dubai. Did you read about Enron....how about the South African arms deal(for which our soon to be president is up on corruption charges) I have no interest in buying a plot from Nakheel, I...

Sasher, I have to agree with the other guys....this is a very negative opinion and you are most welcome to express it....however, your sentiments are a dime a dozen and apart from the fact that the rest of the world is "falling apart", do you have any information that may substantiate your...

Hi Safrica, I speak under correction but I don't think it is up to DAMAC to decide of a notary is acceptable or not. My immediate thought is that, perhaps, the seller failed to get the Notary's signature verified in Malta. This is a standard procedure when dealing with important international...

Hi guys, Just a quick question please............. When you buy a property direct from Emaar, they have a restriction that says you may only sell after 30% of the property is paid......... I have seen guys advertise these properties for sale on POA, which I assume means Power of...

Hi jennie, I agree with you......flipping should be part of an overall strategy. I would just like to make 2 points here :- 1. Flipping takes a certain level of expertise and know how......I don't think it a good strategy for a first time investor. 2. Leverage, leverage...

samsaf, I think before you leap into the market, there are some funadamentals that you need to look at. What kind of investor are you? Do you wish to trade properties or do you wish to own for the long term. I believe that the only reason to flip a property is because you need cash...

Hi AA, Thanks and good luck to you. As a matter of interest, I will probably use Mashreq for this deal. They seem to be offering the best terms on a long term basis at the moment with the lowest rates(6.25%). Since I have 6 months to raise the mortgage, their slow processing time won't be...

Hi AAPROP, There are probably people here that are better qualified than me to provide info on mortgage brokers. Being resident, I have always just gone direct to the financing institutions myself. Each of the institutions have different pros and cons. The choice would also be affected by...

Hi AAPROP, Yup, I think I will. I dunno if it will be for a quick flip. I may take a mortgage and keep it until completion. I did quite well out of my last Emaar property, which I kept for 18 months. I know they say its expensive, however, the end product is excellent and there is no...

Hi guys, Any ideas what the payment schedule might be? Maybe some-one could lay out the schedule for one of the recent launches as that would probably be a good comparson. Thanks Kenny

Hi andi, Go to emaar.ae and click on the main banner on their home page. I did a test run about half an hour ago and they already down to U tokens. iimz, Many thanks for your info.......I managed to get an A token:) I suspect that Emaar issued the first 50 tokens, at least, before...

Hi guys, Just a couple of questions..... Has anyone figured out how the token numbering system works? What do the letters signify and how far up must one be to be sure of getting a unit? If one chooses to flip, does the new buyer still have to pay the transfer fee to Emaar, or is there...

Hi guys, Any ideas on the seling price psqf in DG at the moment? I would also need to know who is financing them these days? Regards Kenny

Hi guys, I have an idea that I a working on and would like to get some input. I am planning to set up an infrastrucure through which players in the real estate market can trade options on off plan properties. The way that it works is as follows..... You buy a property off plan, just...