Emaar says new Dubai launch sold out on day one

Posted by: Rajesh Sunday, 3 February 2013 11:49 AM[UAE] - UAE

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Posted by: omar faris Tuesday, 29 January 2013 10:25 AM[UAE] - dubai UAE

Anyone who waits in a queue to buy property deserves to be treated like that.
In addition, it?s not for Emaar to learn from the past, it?s the investors that do.

Posted by: leo50 Wednesday, 30 January 2013 12:42 AM[UAE] - United Arab Emirates

the adage that there is one born every minute immediately springs to mind. That does not however justify Emaar or any other such entity for taking advantage once again.

Posted by: Telcoguy Tuesday, 29 January 2013 12:11 PM[UAE] - UAE

I think your first point is a little bit harsh (yet true, to some point)
The second is totally spot on... nothing else to say here. If people refuse to learn from the past they can not complain
I see all the working of a new RE bubble, I suspect that the goal is to protect the banks but raising the valuation of the property, banks rather have expensive, illiquid assets. Similar to Spain, but much more likely to work here because of a smaller, more closed economy

Posted by: ahmed Monday, 28 January 2013 1:55 PM[UAE] - singapore

it was a rip off,,emaar wanted to create a hype by inviting a lot of people so that the media can talk about it saying its a big turnout, it was more of a PR gimick,,please stop doing this Emaar, have your forgot the past so soon, bad times can come back again if you dont keep a control, people be careful of emaar that is what i can say

Posted by: raghuwan Monday, 28 January 2013 11:44 AM[UAE] - uae

totally un organized way of selling property ...giving 600 tokens to sell only 170 units just to create hype in the market and about 400 people standing on their feet from 6.30 AM till 4.30 PM .
Very poor treatment given to investors with non-cooperative / rude staff wearing Branded Tshirts incl security personell. It seems Emaar was selling Dhs 10 items to HNWI/ Cash rich clients who came with the cheque book to buy property on cash and were kept waiting for 9 hrs in queue.
Its high time that Emaar should undrstand and value their clients and do not create hype by applying similar process next launch .

Posted by: ahmed Sunday, 27 January 2013 11:20 PM[UAE] - france

if they would have sold 280, i would have get one, but they didnt even sold half of it, on purpose of course.