View Single Post
  #168  
Old 23-03-2008, 11:09 AM
Roshan Roshan is offline
Moderator
 
Join Date: Jan 2008
Location: Dubai
Posts: 931
Default

Quote:
Originally Posted by Sixgun View Post
Thanks to all the above posters, some valuable info there.
mpat, I have a standard copy of proposed contract, so I'll look through it, I haven't paid 1st 30% yet.
Interesting, but 4 months ago I actually let a Damac deal fall through because of these reasons. I had put deposit on a 2 room Lago vista apt, which I was told would be 1420sqft, about 135m2.
When I saw a deatiled floorplan with exact measurements, I worked it out to be closer to 110m, I also had an architect friend check it out, who agreed.
I could not get any reaonable explanations for weeks, and in frustration and disgust, let it go.
Mind you, it was at just over 2 million dhms , and now they're 2.7 mill, or nearly 100,000 pound more, so I wish i'd just shut up and gone ahead obviously.
Thats why with attempt no.2 , I'm being a bit more laid back, thinking "well it's the same for everybody" with the expectation that the investment will grow on completion anyway, regardless of the small (maybe not so small) details.
Any thoughts on that (general) reasoning ?
Everybody can quote or see 100,000 GBP on paper. It's actually when you sell, that's what counts.

A good developer will always sell on nett areas - OR - atleast will tell you upfront that it's gross. When they don't tell you and it's gross, then don't you feel cheated.

You should believe in destiny. I booked a Springs villa on the first day Emaar launched - Phase 1. I booked a villa for Dhs 745,000. I eventually decided to give it back. Had I kept that villa, today I would be looking at an appreciation to almost Dhs 3.0 million.

The only way I convince myself is that it was not in my destiny and that's a fact. What's not meant for you, come heaven or hell, it'll not be yours.

Regards

Roshan
Reply With Quote