I think in the same way like Roshan! IMG is not a bad developer at all but i have to admit that they are way behind schedule and that projects like Wadi Tower will need time to take off fully... But the appreciation in price will be very high! I bought in Wadi as well back in 2006. So far prices went up by 100%... Just check
GNAds4U.com - Properties and see hoe much people are already asking for Wadi Tower! Once construction started (which actually has) and Podium is ready so that people can see something prices will go up further. I can totally understand your position that you feel bad and cheated when they are not answering etc but this is the case everywhere in Dubai with each developer! I have invested in BusinessBay as well in 2 Projects BOTH developer very seldom answer my calls or my emails they just dont seem to bother...
Just relax and wait for another year or two
By the way at what rate did you buy?
Quote:
Originally Posted by jordandvdj
i bought in city of arabia - wadi tower - 6 months ago.
IMG are the developer and so far i have not received a contract despite numerous emails etc. i have had one response saying they are working on it.
I paid 10% down and have a mortgage which i cannot start without said paperwork.
I fully expect an ivory tower situation and to be told my contract is cancelled as i have not paid the next installment. bear in mind this would be paid the second they send me the contract.
i expect this as the price jumped significantly after i bought.
i do not trust them and they are 2 years behind on the development.
i wish i had bought anywhere else. i fully expect to be cheated.
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