Investment Offer (Guaranteed Returns)

[Aryan Khan]

Marmooka City, Ajman
Full Floor
Total Investment 800,000(aapx) - 10% of the total value of one floor (with 5% discount)

Returns and Guarantee:

> Developer will make a MOU stating that no further payments will be made by the investor
> Min 50% returns of the investment is promised in 6 months
> A Post Dated Cheque (PDC) will be issued (10%paid+50%profit) 60% PDC at the time of Investment
> Reservation form which clearly says that you own the xyz floor

Full building in Ajman, Marmooka City

10% to be paid as 1st Installments
No further installments
Same documents and procedure will be followed as mentioned above
Total investment is around 19m (appx)

Let me know if you are interested in this offer. If you have questions or clarifications, feel free to call me on 00971 50 2888359

Regards

[kk1974]

Hi Aryan

A Post Dated Cheque (PDC) will be issued (10%paid+50%profit) 60% PDC at the time of Investment

This sounds really fishy to me.

If you look at it from the developers point of view, why would they do that? They can get MUCH better interest terms from banks, provided that the project is good. Why would they be throwing away that money?

Also, I have hard time understanding on which basis property will appreciate that much in 6 months in the part of emirates that has such serious issues with infrastructure.

So, the next question is, what's the catch?

[Aryan Khan]

1st of all, this offer is very exclusive and the reason i got to know about it cause i have been dealing with this developer for last one year and have given him good business. 2 3 of my investors have done this deal and got the returns as mentioned in the MOU.

btw, In the current market returns are actually higher, but as you know end users are lesser in numbers than investor. So investors sometimes get difficulty in selling on the right time with a right price which makes their investment blocked for sometime. Right time means if you are planning not to pay the 2nd installment and you end up paying(blocking more of your investment) or selling with lower returns.

So investors who want to secure not to get stuck with their investments, or who do not have the right means to resell or earn handsome returns. This definetely helps them.

About PDC, it is simple, its is just to support the MOU guarantee, otherwise the a whole full floor of the value you have paid is being given to you through a reservation form. So you OWN it. the rest is just guarantee.

And may be you are right, becaue some people are not very happy with investing in Ajman, so the developer is offering this for his Ajman projects only and as he is about to launch few of his projects in Dubailand and City of Arabia and Sports City, he might support those developments with tis money and it wont be difficult to give 50% returns in 6 months before cityscape, and sell the samething on a higher premium in cityscape.

What do you think?

Regards

Originally Posted by kk1974

Hi Aryan

A Post Dated Cheque (PDC) will be issued (10%paid+50%profit) 60% PDC at the time of Investment

This sounds really fishy to me.

If you look at it from the developers point of view, why would they do that? They can get MUCH better interest terms from banks, provided that the project is good. Why would they be throwing away that money?

Also, I have hard time understanding on which basis property will appreciate that much in 6 months in the part of emirates that has such serious issues with infrastructure.

So, the next question is, what's the catch?

[kk1974]

I think there's something wrong.

It's a simple maths game:

Developer needs money.

If the project was good, he would get it from a bank at below 10% interest rate.

Why would he then give so much away if the above is true? 50% of the unit value is huge!

The developer is obviously desperate for finance if they are trying to get it in this way. Desperation is never a good sign, and its communicates caution to the investors. Developer without money and with no bank support means stay away.

The whole thing just doesn't add up.

You need to get out of investors shoes, and see it from developers point of view. I used to develop my self and therefore I'm speaking from experience.

There are so many tricks that developers will use to lure investors. One of the classics is rental guarantee. The developer will build it in the price, or will take out insurance, and will say that 'the building is pre-rented for 3 years...'. Yeah right... Funny thing is, most of the time that rental guarantee will not be able to pay your mortgage.

This is a new one, and that's why I'm curious to find out what's behind it.

[Aryan Khan]

This developer does it for his investors and he is not looking for 20 or 30 investors. Once his investment quota is completed, this offer is over.

He makes good relationship with his investor. People who were scared to invest on these terms. For a trial they put 1m and now they are more than happy to invest 4 5m. Again 50% returns in 6 montsh are very less. If you hold your property for six months than sell it, your returns would be more than 70%.

If you want to just buy a floor, how confident you are in selling it with 60 or 70% returns. If you can sell the whole floor yourself, you will be greeted by any investor even the same developer i am talking about. People buy buildings from him and this offer is kind of favour to the small investors who are scared of being stuck with some investment. becuase developers mostly they just sell you something and dont help you in reselling. So this developer is givng you floor on you name with an MOU and a PDC.

There nothing fishy in it. Cause i have seen this agreement and returns myself thats why I can confidently post it on forums.

Again, its just an offer, who thinks its fishy, i have other properties and investments for him. A offer is to take or to reject and my doors are open for both. I have someother pre launches in silicon oasis. If intersted for floors, feel free to contact me.

Regards

[kk1974]

Dont take me wrong Aryan, I'm not attacking, I'm just bringing some facts to the light. I have been in this business for long time and I dont believe in 'kind developers being kind to investors and giving away their profits'.

The time will show.

In terms of other prelaunches and deals, pls, by all means let me have a look.

Send me the details at kana at primebuytolet dot com.

Thanks.

[Aryan Khan]

You are not sayng anything wrong KK. I know it does look fishy from one side and i would be saying the same thing if i myself would've seen the results. Anyways thanks for your comments and yes i will keep you posted on the upcoming pre lanuches.

Regards

[WealthMiller]

Hi Aryan and KK,

I have met people who have invested as much as 5m with such offers and got returns of 185% within six months. they were also given the MOU and PDC with reservation forms. Interestingly enough i searched the forums and found your post about the same subject.

The buyer is a friend and he gave a unit to help me undertsand the process better, i will find out within few months how far it goes. However, all the paper work checks out.

Maybe Arya and myself are talking about the same developer. Aryan, do mail me the prelaunches you have on hemendra at kgwealthmiller dot com.

Regards,

[Aryan Khan]

Thats what i meant. This 50% return is nothin in 6 months. people who have fears of being stuck with some property. This is definetely a great offer to park their money as this is secure and guarenteed.

Well i will mail you the details WM. BTW i ahve a copy of the MOU if any 1 interested to have a look. i can email.

Regards

[WealthMiller]

Originally Posted by Aryan Khan

Thats what i meant. This 50% return is nothin in 6 months. people who have fears of being stuck with some property. This is definetely a great offer to park their money as this is secure and guarenteed.

Well i will mail you the details WM. BTW i ahve a copy of the MOU if any 1 interested to have a look. i can email.

Regards

I Have the MOU as well, i can mail it to anyone. Aryan, Do email me.