Bahrain
Kuwait
Oman
Qatar
Saudi Arabia
UAE
Deyaar cancels Enclave project in Dubai
by This email address is being protected from spam bots, you need Javascript enabled to view it on Wednesday, 17 June 2009
Page 1
Results 1 to 9 of 9
Posted on Wednesday, 23 September 2009
deyaar park
Posted by deyaarpark-loser at 14:35 UAE time
agree we shoudl go collectively to RERA, maybe set up a group on facebook and get contact people from there.
Let us go forward and get our money back after two years.
CLICK HERE TO POST A COMMENT
Posted on Wednesday, 9 September 2009
Deyaar
Posted by Nancy at 10:03 UAE time
I totally agree with taking Deyaar and other developers in Dubai to a good court for keeping people's money for 2 years. Project has been cancelled and we are paying bank interest and our money is stuck in Deyaar account.
CLICK HERE TO POST A COMMENT
Posted on Saturday, 8 August 2009
Something is better than nothing
Posted by Raj Thanwani at 23:18 UAE time
I am an investor in Deyaar park. Recently one of the deyaar staff called me for a meeting to find a solution. I had a long talk with him and finally decided to take a different property in Business bay. I felt that though it is offplan, its wise to chose a property in BB since they have reduced their prices, obviously not as per market rate, and reduced my total portfolio by 70%. I think its wise for us to release from Deyaar park and to chose somehtin what they offer. Something is better than nothing.
CLICK HERE TO POST A COMMENT
advertisement
Posted on Monday, 27 July 2009
Deyaar Park - Downtown Jebel Ali
Posted by Ramesh Khemani at 21:35 UAE time
I was following up with Deyaar to refund the 10% payment back to the bank which they collected against Deyaar Park since I have taken a home loan from the Bank. On May 20th 09, they confirmed to me that they will refund the payment back to the bank if i bring the letter from the bank since I was getting charged interest @ 9%. Their VP - Sales, Nasser and another sales head Amir Gamal confirmed to me that the payment would be refunded however now suddenly they came up saying that they wont refund the payment I can either stick to Deyaar Park or choose some another alternative. I just wanted to know only one simple thing that since the money is lying into their escrow account why dont they refund since my bank is charging me interest every month and the money is just sitting into their escrow account. Also I would just request all of you to make a commitee and then approach RERA jointly and make a complain since if we go alone one by one they are not going to entertain us.
CLICK HERE TO POST A COMMENT
Posted on Sunday, 21 June 2009
Deyaar park - Lost money
Posted by deyaarpark-loser at 12:40 UAE time
This is with ref to Deyaar park, Jebel Ali. The developers are very smug saying the project is not cancelled, hence safeguarding the millions they have collected from investors. What is te use of teh escrow account. RERA has to step in on such projects which is obvious a delay to build. By saying teh project is not cancelled and forcing people to take alternatives at Business bay - all off-plan projects which are untrustworthy, investors get themselves into a bigger problem. The developer PR is very good but the famous "silent-mode" of developers in Dubai is unbeatable.
We as investors are the losers, with the developers making ahy while teh sun shines on millions of dirhams..TYPICAL!!
CLICK HERE TO POST A COMMENT
Posted on Saturday, 20 June 2009
Deyaar
Posted by joseph at 22:31 UAE time
Deyaar and all other developers in Dubai should be taken to court (good court) and to pay to all investors money back with delay fine , i bought a flat 2 years ago and it should be ready this august and till now they haven't started the construction and not returning back our money , that is not acceptable and unfortunately nobody listen and no body care.
CLICK HERE TO POST A COMMENT
Posted on Friday, 19 June 2009
deyaar park
Posted by amer at 15:46 UAE time
i am investor in deyaar park..and my money is stuck for almost two years and there is no sign of contructions there....why they are not returning money for deyaar park...everytime we go there and they said you can switch your money to other projects....Q is y...We hav invested in particular project ,,if they cant build they should return the money...
mr. Markus Giebe, what u say about that......??
CLICK HERE TO POST A COMMENT
Posted on Wednesday, 17 June 2009
CEO talk
Posted by Cash Flow Messiah at 19:45 UAE time
Very typical of Giebel to provide banal monologues with an attempt to boost Deyaars image ("we returned 100 per cent of our investors' money"). Fact is that Deyaar enclave was less than 10% sold with a deposit amount of 10% on sold value, which works out to less than AED 10M in cash-back. Pocket money for Deyaar.
Another of their projects called Deyaar Park that was launched 2 years ago, sold out 100% with payments collected upto 20% of sold value (aggregate upto AED 400M money collected with no work started over 2 years) has provided minimal respite for its investors. Deyaar and Giebel categorically deny cancellation of the project, where its clear (and validated by master developer Limitless) that the project will not be built. Can Deyaar stand up and claim to return this money of the people? If not, I dont see any logic in what Giebel compares to nothing short of an achievement.
And no, I am not an investor with Deyaar.
CLICK HERE TO POST A COMMENT
"tremendously" should be a banned word
Posted by Geriant at 10:24 UAE time
The CEO of this teetering property firm sees fit to hype up the market with words such as "tremendously", and with it he hopes to confuse investors and shareholders and passers by. It is such eighties PR that one wonders who is behind it, as Dubai has access to the world's biggest firms, according to Omar.
CLICK HERE TO POST A COMMENT
Page 1
Mobile
