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Has anyone else received notification that their apartment is ready for handover?

Hi Jamieybug. My thoughts are as follows: (a) I have a contract with MED and it is in regard to that contract I am registering the apartment with DLD. (b) I have not received any notification that MED will not fulfil the terms of the contract. (c) The law of Dubai requires that initial...

Hi Jaimeybug. Thanks for your post. I am not convinced MED will complete and offer handover of the units before the end of October! At this point it is our belief MED will not deliver in accordance with our contracts but until that happens I don't believe there is any choice but to complete the...

How do I actually register the unit with Dubai Land? It appears from the DLD website that only Initial registration is possible until the unit is complete and full payment has been made. The following information was on their site: Service Details Request of Registering Property Transaction in...

This is increasingly worrying! MED are behaving in an unbelievably high handed manner. Even with the unpredictability of Dubai law it is hard to believe MED would not be found in serious breach of contract. They also appear incapable of completing the development with an 'estimated' further four...

Now up to speed thank you! We have no option but to await developments from MED ..... However it would be interesting to know 1. if there are investors in Red Residence who do not have the rental addendum and 2. how long ago is it since MED sold apartments without the rental addendum. That...

Hi again and thanks for your reply. We agree it is not possible to take any action until MED indicate an intention to cancel the rental contract. However it would be prudent for us to be prepared for what appears to be inevitable in view of the limited information from MED. There is no doubt we...

Rental Contract If, as it seems almost certain, MED attempts to cancel the 'rental contract' then it seems to us there would be significant benefits if we pooled our resources and challenged them collectively. Is there a way we can share our contact details and trace other investors in red...

If MED does not fulfil their part of the contract, as set out in the rental agreement, we believe there will be significant benefit from investors pooling resources and challenging them collectively. We found a site that indicated completion for Red Residence is May (2015) so time is of the...

Anyone had recent contact from MED regarding Red Residence? It appears this building is taking an eternity to complete. We also note there is no longer any mention of the rental agreement/5 star hotel standard in any of the MED blurb!!!

Not sure how we can exchange private messages.....moderator removed my contact details from my last message! We were originally purchasing at the Windsor development in City of Arabia and MED contacted us and offered an exchange to Red Residence as the Windsor was on hold and hadn't even been...

Apologies for the delay in responding to your latest post. We appear to be on the same contract and like you have been very disappointed with communication from MED. When we visited the project in March 2014 the anticipated completion was May 2014 Whilst we considered that date as optimistic it...

We visited the property in March. The lady from MED who was showing us round suggested we should consider renting the property ourselves....she also highlighted the cost of registering the property with Dubai Land Dept is about 6% of the property price and we are liable for that fee!!! However...

Hi. I have similar concerns but not sure how we can contact other owners. Like you, I fear the rental terms used to persuade us to invest may not be honoured!