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Old 31-03-2008, 09:45 PM
mirpuri mirpuri is offline
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Join Date: Mar 2008
Posts: 48
Default freehold is not freehold

Att to Roshan
sorry freind i am adress you for this becuse i believe you have good knowlage about Dubai
i am about to sign contrect on devalopment called PACICIF
on AlMarjan Island RAK
but i found out this project is not freehold untill all payments are made and all formalities are fulfilled then the devaloper will aply for freehold
and it is still not guaranteed that we will get this freehold becuse the law is not passed yet for freehold.
the present contract is 99 yr lease

i have bought one property from this devaloper already in Dubai Marina called BAY CENTRAL

can any one tell me is this the case with all the properties in Dubai and RAK ???
thanks
Mirpuri
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