Hi Guys! This is my first off-plan investment too, and I'm sure glad I stumbled upon this thread, to see a few more people buying into 5th avenue. I can say that like you guys, I am impressed with Opensure. When I decided to purchase an apartment back in June, I did a lot of research, and contacted a lot of property "brokers" or agents, and many didn't bother getting back to me, or were tied up in meetings etc... it seemed they weren't bothered about landing a deal, but when I spoke to Tariq from Openshore, he was great from the start! All emails are answered promptly (he even emails back after midnight - maybe he is a part-time vampire?), and the signed docs from GSS were also received on time. He seems very professional. As for the developers, I went to Dubai in August hoping to see them as they have an office in Ajman, but ran out of time. All I know is that they are government-backed (i think), or have proven that they are of enough financial muscle to take on this sort of commitment. Opensure say they also do checks on developers before recommending their projects, and I am convinced that GSS have the credentials to give us peace of mind.
UAE is one big crazy project, with cranes in every direction you look! Every other truck on the roads carries rocks or other construction materials! You get the impression that everything is happening there in UAE. As for the Lakes Towers development, there isn't much to see as yet, but behind the large perimetered boards, you sense they are preparing for the massive projects, and it isn't just Lakes Towers - Marmooka, Al Humaid, Emirates City, Green City, they're all happening!
So as far as investments go, I am happy to back this particular horse (or should that be camel?!), rather than Bulgaria, Romania, Albania, Brazil, Tunisia, Morocco, Egypt........
Last edited by MaxyzK; 01-10-2008 at 12:01 AM.
Reason: Errors
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