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Dubai property Buying or bought a property in Dubai, the city of the future? Foreign investors are allowed to own real estate in Dubai, but prudence and research are required when it comes to land titles and ownership. Join our community of investors who have purchased property in Dubai and made healthy returns. Get advice on relocation and issues like land titles, freehold ownership, taxation, Dubai mortgages and more. Join the Dubai Forum today.

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Final Payment, Fees,hand over process, land registration and other related articles - Page 2

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  #11  
Old 06-10-2008, 02:08 PM
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Has anyone received regristration of their apartment in IC yet?
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  #12  
Old 18-10-2008, 02:57 PM
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Quote:
Originally Posted by alden View Post
Have been quoted aed 30.000 net per year for letting my studio in France sector. His this the going rate ?
Advice would be helpful
Thank you.
That sounds a bit low. I think it should be at least 40.
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  #13  
Old 18-10-2008, 03:13 PM
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Quote:
Originally Posted by MHCNiazi View Post
Has anyone received regristration of their apartment in IC yet?
I'm trying to buy an apartment from my landlord in IC. I applied to Tamweel for finance and now my non-refundable deposit is looking doubtful. They gave me the good news that my finance was approved and the bad news that the transaction cannot procede untill the apartment gets a land title.

Dubai Land Authority doesn't seem willing to make a commitment as to when land titles will be available. Months, years - who knows.
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  #14  
Old 07-12-2008, 07:05 PM
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hello i have on question.

Are there in dubai ruls for payment?

i have purchesed an Appartment by alattar in bussiness bay and the company claim the 3th instalment and when i was there i saw it is not even the basem,ent costructed...shal i pay after payment plan or it is after costruction progress?

Or any company could charges money because their payment plan .

can anybody help me?
it means i have paied 40% of payment without to be costructed 5% of building.


please help me to be uptodate about the rules..shal i appoint a lawer or can help me also rera?


thank you,
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  #15  
Old 09-12-2008, 03:18 PM
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Dear ,
you got ask question to the developer are they escrow compline if not when they are going to be and if they have escrow account ask for one than no issue you can go according to payment plan . visit www.rpdubai.com for more information

regards
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  #16  
Old 09-12-2008, 07:21 PM
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hi, th edeveloper has already a screw account?i saw in rera site but i can not find anthing regarding the new rules about payment ...i have tried to tak econtact to them but bobody answer me at telfon...i would be realy thankfull if anybody is so kind and help me to find out what is my right ...it is just unfair to pay40%of paymnet and maybe maybe be completet in 2 or 3 jearsit is not a good investment because i will go without interest of my money and at the end the investment will cost me 1,5 time the basic price...

i will be grathfull for any help.

thanksssssssssss
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  #17  
Old 17-12-2008, 04:40 PM
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Unhappy Land Registration

Dear All

I have got an apartment in IC Spanish cluster, The apartment was handed over to me October last year and at that time I paid the land registration fee upfront but as yet I haven't heard anything from the company (Profile Props) I brought it from. Has anybody got the registration paper (Title Deed) yet. Our building # S8. Any thoughts/guidance/opinion would be highly appreciated.

Regards

Avin
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  #18  
Old 23-12-2008, 08:56 PM
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Quote:
Originally Posted by blueshift View Post
That sounds a bit low. I think it should be at least 40.
hi just purchased at ic business district throuh rufi can they demand payments if they have not got escrow account as i have refused 2nd payment till they get escrow can they cancel my contract for not paying and keep all the money
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  #19  
Old 23-12-2008, 09:08 PM
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the company has allready screw accoun....can they cancel if i do not pay the 3th instalment because i want to pay after costruction progress??
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  #20  
Old 26-12-2008, 06:00 AM
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Quote:
Originally Posted by Sinbad View Post
Dear All

I have got an apartment in IC Spanish cluster, The apartment was handed over to me October last year and at that time I paid the land registration fee upfront but as yet I haven't heard anything from the company (Profile Props) I brought it from. Has anybody got the registration paper (Title Deed) yet. Our building # S8. Any thoughts/guidance/opinion would be highly appreciated.

Regards

Avin
I have the same problem. I own an apartment in T4 - Spain. Still no title! Nakheel has confirmed that the titles are under process in the Land Dept. but everytime I try to call, no one ever answers the phone?! Ive been waiting since Dec. 2007 so its one year now?! I am with Profile Props too.
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