Quote:
Originally Posted by mirpuri
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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Mirpuri,
I contacted RAK properties who have similar properties. You do not need to buy from them but it will just put a point through.
I presume you do not have bank finance on your leasehold property.
Will post the details by today or first thing tomorrow.
Lets hope we can help you.
Regards
Roshan