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Details on Off-Plan Transfer w/Emaar?

Discussion in 'Dubai property' started by NewLook, Feb 18, 2009.

  1. NewLook

    NewLook New Member

    Has ANYONE successfully transferred their deposit monies from an Emaar off-plan unit as a credit to another person's Emaar unit? Although I've heard its possible, I've also heard of people who went to Emaar to do this and were rejected for one reason or another. Has anyone completed this type of transaction successfully? What are the fine print details?
     
  2. PropGuy

    PropGuy New Member

    Normally they don't do that unless it from one of their on hold or canceled project.
     
  3. NewLook

    NewLook New Member

    Isn't the 'M' Burj Dubai cancelled or "on-hold?" That's where my unit is, and I think I have an offer to buy my credit, and apply it to another Emaar investment. Seems like it would be a win-win situation for everyone, if it happens.
     
  4. PropGuy

    PropGuy New Member

    what you mean by buy your credit?
     
  5. desert dream

    desert dream New Member

    If a project is cancelled, dont let them shaft you into another project..get your cash out or file a case agains them,,
    if you transfer credit you have been duped
     
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