Global Garden View 111

[wahid121]

Anyone know whats happening with global garden view, I bought studio about 15 months ago, with completion around May 08, but I believe its yet to start build, anyone know if that is the case ? and if so whats going on? is it possible that it may not be built ??
I look forward to replies .
Many thanks

[mpat]

Originally Posted by wahid121

Anyone know whats happening with global garden view, I bought studio about 15 months ago, with completion around May 08, but I believe its yet to start build, anyone know if that is the case ? and if so whats going on? is it possible that it may not be built ??
I look forward to replies .
Many thanks

what location and who is developer? I m in dubai and if it is within my reach I can visit the place personally and let u know.

[wahid121]

hello there, thanks for your reply, but it would be good to hear from people who have purchased a flat at the Global garden view development @ international city.
Thanks anyway

[georgihh]

Originally Posted by CyberNut

We also purchased a studio in Global Garden View with the delivery date of Jun '08 however it was all fraud. They don't even have the permit to build there and right now they are trying to return money to their customers after keeping it for all this while.

If you look at the property prices in Dubai now from the time we had made the booking, you can't get a single thing for that price. I have had a terrible time to get responses from the management at GoWealthy... Can others share what have they done with this failed project?

Very good reply
So many people lost money because of the above cancellations and is not only this project.
What about the people have paid premiums
I still don’t understand how people around the world don’t understand that Dubai is full of crooks and all those “premiums” are made by very small amount of people and to make money from properties in Dubai is harder than in your own country
There is no property low in this country.
Advertisement – big advertisement is going around the world for all the properties in Dubai but soon or later people will know the reality and will regret their steps if not already
Now for a studio in DG you need to pay around 30000 DHS for service charges cooling water and whatever (hidden cost) and none of all the agencies are mentioning all the extras.
How long is this going last - not for ever

[mpat]

Originally Posted by georgihh

Very good reply
So many people lost money because of the above cancellations and is not only this project.
What about the people have paid premiums
I still don’t understand how people around the world don’t understand that Dubai is full of crooks and all those “premiums” are made by very small amount of people and to make money from properties in Dubai is harder than in your own country
There is no property low in this country.
Advertisement – big advertisement is going around the world for all the properties in Dubai but soon or later people will know the reality and will regret their steps if not already
Now for a studio in DG you need to pay around 30000 DHS for service charges cooling water and whatever (hidden cost) and none of all the agencies are mentioning all the extras.
How long is this going last - not for ever

You are right, george,
for sure it wont lsat for long.investors need to be very cautious before putting money in anything,.

[iced]

Originally Posted by mpat

You are right, george,
for sure it wont lsat for long.investors need to be very cautious before putting money in anything,.

it is really interesting but yesterday the CEO of RERA said on radio that no project in dubai had been cancelled so if this project has been cancelled then you should contact RERA.

As a investor of Dubai Lagoon some of pressure may help investors in this project. There is a group of individuals who have been doing an excellent job of media coverage and contacting RERA regarding the situation of Dubai Lagoon investors.

[georgihh]

Originally Posted by iced

it is really interesting but yesterday the CEO of RERA said on radio that no project in dubai had been cancelled so if this project has been cancelled then you should contact RERA.

As a investor of Dubai Lagoon some of pressure may help investors in this project. There is a group of individuals who have been doing an excellent job of media coverage and contacting RERA regarding the situation of Dubai Lagoon investors.

It’s very simple. Dubai they don’t want to many people in the town 100000 people growth per year is acceptable I understand that. One of the ways to stop the coming people is to create a shortage of accommodation which increases rents and makes some people leave the country. Now if they complete all the undone project on time with the prices of 2006 they need a hell of a lot of cheap labor which is not going to happen. On the other hand they will upset a lot of investors and speculators and also is going to help to cool the market. Of course you will get your money back with a bit of interest.