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LOL, so wrong on so many levels. Unless of course you're comparing sporting facilities, infrastructue and ease of business start ups etc. (in fact pretty much the entire contents of your post) with Botswana. Low cost work environment? What state of the art sporting facilities? Name one (exc. Ski...

OK, you obviously have a different contractual relationship to me. Good luck.

Our contract (or MOU) states if Hydra offer the product (which, I repeat, they are) then the deposit is not refundable, there is no mention of a time bar.

I would say no because, although the Hydra offer is late they are still offering you the property.

It's as good as cancelled, believe me I know several of the key consultants, they aren't expecting it to go ahead for several years if ever.

Don't forget to add the 30,000+ new apartments coming on stream this year.

I can't even be bothered to read it LOL, so typical.

Dhs. 21.75/ft2 up from about Dhs. 10.

It also means people like me who charge somewhat under market levels may be able to increase rents to allow for the 100% increase in Idama service charges on JBR.

Not residential as far as I know but it's happened on hotels.

Or a sponsor.

Out of interest when a developer leaves the country and his debts behind why can't his local sponsor/partner (who owns a majority holding in the company) be persued by the debtors?

Who was ruling it out?

Can someone please confirm that RERA is only applicable for Dubai?

You won't see another bubble with 9-10% interest rates.

Of course, and if I had 5 minutes to spare I could make the list for you now. This list will just be to prop up the government developments and put them in a good light. 'Watchdog' my @rse.

Payment will be as follows for the 2 B/R town house from March 2009. 2.5% March 2009 2.5% June 2009 5% Sep. 2009 5% Dec. 2009 5% March 2010 10% July 2010 10% Nov. 2010 10% March 2011 10% July 2011 40% on completion (expected Dec. 2011) first phase and last phase will be...

Only 62 units were sold at the Sharjah Expo and 50 of those were sold to the Sharjah royal family. Hydra don't appear interested in reducing the asking price, they are in a dream world if they think these properties are worth over Dhs. 1,000/ft2.

Anyone at the Sharjah Expo today? I'd be interested to hear any feedback.

It's good to talk as they say... I was told Dhs. 1,050 but the first payment was 5% not 2.5%.