Cooperation Opportunity – Goldcrest Dreams 1, Emirates City, Ajman
Dear Friends,
I am one of the unfortunate investors in Goldcrest Dreams 1 project in Emirates City, Ajman. The project is about 31% complete and what I have paid to the developer so far is in the same range.
A couple of weeks ago, I got an email from Star Giga (developer of the project) to pay another 18% or face termination of my contract. However, given the current situation in Ajman and UAE in general, I am not sure if I want to make any further payments.
I spoke to Star Giga on the possible options; one of the options that came up was to collaborate with somebody who has invested in Goldcrest Dreams (GCD) 2, 3 and 4 such that his/her contract in GCD 2, 3 and 4 will be terminated and the money paid so far will be adjusted against my unit in GCD 1 and we become partners in my unit in GCD 1. Now the question is why should somebody terminate his /her contract in GCD 2, 3 and 4 and team up with me? This is because GCD 1 is at least 31% complete but completion of GCD 2, 3 and 4 is nowhere in sight. So by teaming up a) we are able to protect out investment so far b) bring down our investment from say 400000 per unit to 200000 each and get our hands on the property and hopefully rent or sell it.
So any investor from GCD 2, 3 and 4 interested in this can email me (gcdajman@gmail.com) with your contact no. to take this forward.
Be careful, I would not go
Be careful, I would not go there, this is dangerous territory. Star Giga and Ajman have lost trust by a majority of their investors. I'd say: stay away from this "fusion".
Thank you for this
Thank you for this interesting content.
Your views have given me cause to reconsider
some of my preconceived notions.
You have changed my mind.
That’s what I call persuasive writing.
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