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solution is simple... maybe This issue has been s a chronic problem and needs to be addressed in earnest. Of course, officialdom will tell you - FORM AN OWNERS ASSOCIATION - which allows the owners to take control of the management and thus, the costs. However, with many of the owners not...

investing in Dubai I would follow DuBuy's advice and wait - take your time and don't jump into anything! The closer you wait till summer the better as prices will continue to decline - irrespective of what hype you may read in the media. The first thing you need to do is to source a good...

I would suggest you consult ESCROW OFFICER on this forum and just run it by him - also ask him about what is involved with getting your refund back from the developer - as to your recourse - just to make sure. Will your refund come out of the escrow acct? etc.. good luck.

It's a fairly large development, so I am sure some parts are OK - but most reports I hear - the flats are way over crowded and I did see the photos of the garbage - which they eventually cleaned-up after numerous complaints... Not sure if they sorted out the smell from the sewage plant though

I would agree with you that some 'insiders' are of the opinion 'yes, we want foreigners to invest but not to live here' and see expats as 'targets' ripe for the plucking. However, I disagree with you about the infrastructure. The roads / highways are there - the metro is going forward and the...

I would urge you to contact recruiters and get their feedback - which may save you much valuable time and energy. I would think it may be difficult, (although not impossible) as much of the demand for 'high-end' has dropped significantly - also considering your experience level, you are no doubt...

who's coming? Hi Devaya, Let's assume for the purposes of discussion that your claim ' for every person leaving Dubai, there are two 'wanting' to come in.' is accurate. There are two issues, (which is why these stats can be misleading) 1) 'Wanting' to come in and work and actually...

IC Commercial Gotta love it ! Glad to see that someone still has a sense of humour ! I am going to send this link to an expat friend that just stayed in IC for two months. He sent me photos of the basement areas and stairwells that were strewn with garbage, replete with rats and vermin. He...

You are absolutely correct ! I have asked the same question many, many times and can only conclude they (RERA) are choosing NOT to enforce the very laws that were created to protect investors. Their inaction sends a clear signal - 'THEY DO NOT CARE' as many of these errant developers have...

freehold expats hi Paul - for a start - Singapore / Malaysia and Indonesia - you can get a residency visa if your purchase property - and can apply for long term visa's if you are over 55 years of age - even if YOU DON"T purchase. In Singapore - there are no age restrictions to getting...

Income Tax? I totally agree with you Sixgun. All indications, actions and reversals clearly point in the same direction - 'they don't want 'foreigners' on a long term basis - the absence of which, the city will never grow nor attract enough critical mass to attract investors OR residents to...

I just want my deposit back ... familiar ??

recourse You'd be well advised to personally take a trip to Dubai & visit the RERA office in person - in addition, visit the bank that holds the escrow - they MUST disclose the balance and supply you with the record of your payments... Very hard to do vis a vis emails... The other response...

if you can earn the same or a bit more in Turkey - better stay there. They don't provide transport - you better make sure public transport (new train) is close to work - as the cost of taxi's etc has gotten expensive. Better check out the company also and see how 'solid' they are...

good point That is a very good point but we must face the facts at this late date that the laws that were enacted to protect the investors are not being enforced. What should be regarded as 'criminal actions' in most jurisdictions are being referred to civil court - which is costly, time...

It could be said that bonds, especially those issued from gov't linked companies, (although the govt does NOT guarantee them) are considered very similar to a POST DATED CHECK (PDC) ? Dubai should change the law on the bounced PDC's and let those people out of jail so they can start to...

Jim, if I had rental units and deemed the tenants to be good and reliable, I would reduce the rents to keep them. Especially, if it may take you a month or two to re-rent the flat - money lost you'll never be able to recapture only to find that you'll have to re-rent it at a lower rate anyway...

Many people were attracted to Dubai for the business opportunities. During the peak it was some like mining towns that popped-up during the gold rush and became ghost towns after the mines were spent. After the global collapse whereupon many people and institutions heavily invested in the...

operative question ? This can be misleading. What we really need to know is 'how many transactions' this was based on? 5 - 10 - 20? and what that constitutes against the amount of the inventory that is on the market and NOT being sold? Are the buyers end users? or speculators? There is...

H Darius , not sure what other market you are working in but before starting to consider new approaches and models for building - we need to address the facts that there is an oversupply in the market and do to the fact that many of the existing buyers / investors do not have Dubai as their...