Quote:
Originally Posted by kennyhubbard
Hi guys,
Just a couple of questions.....
Has anyone figured out how the token numbering system works? What do the letters signify and how far up must one be to be sure of getting a unit?
If one chooses to flip, does the new buyer still have to pay the transfer fee to Emaar, or is there some way around that?
I picked up a token and will buy at least one unit, but also keen to see how to capitalise further on the opportunity...... 
Cheers
Kenny |
Kenny
This is how it should work. For Burj Residencies, they will start with tokens starting from letter A, starting from A01 upto A100 and by the time the next series starts they would have increased the prices by few hundred thousands or even half a million (Having seen the Bawadi Launch) and the cream would be over. Meaning the single or studio would probably be over.
Therefore if you can buy a token with series A and buy with that your unit you may end up making some savings. However this way you will still pay 2% transfer fee (You cannot get that waived)