Search results

First time I have looked at a property forum for a whilst, just depressing! In Dubai next week and thought I would see if anything new occurring at la Hoya bay. It is clear there is no money available from frank, so the only way I foresee gaining any funds back is if the land is auctioned and...

I'm in Dubai next week and hoping to met Frank Khoie, desperate to know what the current situation is. No newsletters or correspondence for a while. I want to either draw a line under the project and put it behind me or look at seeking a possible way of getting my investment back. I am hoping...

Any news on la Hoya bay project, or khoie properties.

Hi Sam I have invested in Sports city and the prices are back to pre-2008 levels. 2013 saw big gains from the announcement of Expo 2020, however 2014 stabilised. Thinking about investing again, but just no sure where the market is likely to go from here? Most experts are saying modest...

There is very little communication with other investors in La Hoya Bay. Very disappointed to see the investors forum close some time ago as it was a good way to keep in touch with other investors.

The business village is currently being built on by another developer. This was the plot of land that Khoie bounced a cheque on so Khoie Properties do not own this part of the land. It has obviously been sold onto someone else. I went to RAKIA's office in November 2014 to get more...

Invested in La Hoya Bay with two apartments in 2008. Just returned back to the UK from staying at Rixos Bab Al Bahr on Al Marjan Island. I was hoping to meet with Frank Khoie or one of his colleagues, however no answer from there phone number or emails. Very disappointing! Whilst I was on...

I am an investor in elite 6 and have been extremely frustrated by the broken promises of completion. Last completion promise end of 2013. Anyone know why triplanet is not updating the construction works at elite 6?

Has anyone seen the latest RERA payment plan with Elite 6. I have paid 60% and im being aked to pay more. They are only at 3rd floor level. I understood that payment should be inline with construction. The big part of the construction cost will be the fit out, so I do not see why I should be...

I have just returned from a site visit with Kazim Triplanet sales executive. Elite 6 is up to second floor level, there seems to be more of a buzz around sports city which is encouraging. Most of the golf villas behind are completed and people have moved in. The football stadium has started...

I have just returned from Dubai Sport City and was very pleased to see the progress being made at last on the elite residences. Elite 1, 2, 3 and 6 seem to be moving the most. There seems to be a buzz around the place, there are many golf villas completed and people living there now. The...

Apologies for the incorrect information given on my previous post. This post has now been removed. I have bought a unit in elite 6 through Dream Homes and I'm increasing concerned over there inability to communicate current issues.

What a great site, thanks for the link. The problem I find is that in Dubai decrees are updated and laws changed to suit the circumstances. Dubai is a very young city with grand ambitions. Unfortunately in a world downturn investments suffer. It is not known if REFA will support defering...

My next instalment is due end of next week. Have paid around 60% already. Can not really see a reason not to forward. Construction has started. Triplanet are a cash positive company. KEEP POSITIVE. I have not heard of anyone defaulting on payments. This will cause problems if investors...

I understand from other users on this forum and others that Elite 6 has not been registered with RERA. I have paid around 60% of the purchase already with three payments left. If the property is not registered with RERA will this mean RERA has no control over the property. In which case if I...

I have a payment due on March 15th. With the new RERA regulations, should I withheld until construction is further progressed. Do not want to be in situation where I am in default and lose all monies already paid. I am confused over RERA regs, are they for new developments only or do they...

I have invested in Elite 6 May 2008, made around 60% payment with three quarter payments left, i.e December 2009 will have paid in full. Building progress just started. It is difficult at this stage to establish whether there is an issue or not. Obviously Elite 1 and 2 are well behind. This...

I was under the impression construction had started. Triplanet are given monthly updates on the web site.

Co Blimey.* I haven't read this forum since beginning of December, what a change.* Spent the last hour catching up. I didn't realise there to be such an issue with payments.* I hope RERA push forward there regulation to link site progress to payment plans.* I can't understand why developers like...