Final Notice from Chapal for payments
I have a property in Chapal The Presidency.
I have received a final notice from Chapal World regading the installment. According to the mail, if I dont make the payments in the next 30 days my contract will be terminated and the all the payments made will be forfeited.
I bought 1BR Flat in AED 278,062 and have already paid around AED104,272, which is almost 37.49% of the total amount. However, the construction progress is not even 5%. I could only see the parking area being built.
I am very confused and concerned about it because I bought this property and have already invested half of my hard earned life savings into this project. By investing more into it I think it is very much evident that I would invite more risk on my investment.
I am personally not willing to cancel the project however would like to see at least 25-30% of the project being completed (realistically 15 floors constructed) before I can resume further payments. Being as British investor I have also been hit by the weakness of pound and my installment has increased by 20%.
Can you guys please suggest what should I do in now. I dont want to put more money into it until there is a realistic progress.
Thanks,
personally i think you are
personally i think you are contractually bound to pay them their instalments on time.
so far they have not committed any breach, as they have not surpassed the completion date. (albeit from present level on construction prospects of completion on time may not be good, - BUT technically no breach on contract on their part).
however if you fail to pay instalments on time as you agreed when singing agreement, then presumbly there is a clause in contract saying if 2 consecutive months pass, they can cancell your contract.
hence in such circumstances it is you who is breaking your side of bargain, in not paying on time. as a result they are permitted under the agreement to cancell the contract and take percentage of the total price as forfeiture.
it appears to me you have 6 options
1 sell plot to someone else
2 sell plot perhaps to the dubai exchangers (out of frying pan into fire, they may be as bad)
3 pay instalments on time, and fulfill your contractual obligations ( in a way your victim of your own actions, - if everyone is too scared to pay, and nobody pays = no money to do construction = delays and risks of not completing at all = now slightly protected with escrow accounts ---- infact recently i sent email complaint to chapal about slow construction, there response was because reccesion some clients/investors are having problems with instalments IE NOT PAYING - hence slow construction pace, which they are trying to sort out ).
4 try and negotiate an amended payment plan with chapal (dont know how far you get, but if any success do let us all know - it is likely even if you suceed, theywould put clause in new amemded contract to give them a later completion time)
5- do nothing pay nothing, and hope for best
6 take court action in ajman, suing them on basis no realistic prospects they will complete on time, and thus they will breach contract for which you w8ill suffer loss, thus u want your money back plus compensation( personally i think such a case is presently weak, and even if they were supposed to complete in 3 months time - i doubt a judge would entertain such case until ACTUAL breach, and further doubt a judge in ajman, as it would send precedent to others to do same, - resulting in collapse)
7 - wait till ty fail to complete on time, then ask them to reduce total amount you owe them, in light of their brief and if they fail to give compensation - then sue them for breach of contract, saying your loosing rent money - if they completed on time, you could have rented it out, and got rent money, which your loosing every day, they are late in completion
i personally am considering option 7 presently. (or perhaps may consider suing when actual completion is done and handover done etc - as that way ensure completed project at least).
Musafir Moderator
are you paying installments..
Musafir..
Many thanks for such elaborative message...i think i will have to decide one of these options..However what i am not very much sure if it would be wise to put more money into the black hole...
I spoke to the Chapal reprentative in the UK yesterday and he clearly told me that there will be no living conditions in Emirated City in next five years due to no electricity water supply and they are constructing these projects using generators...do you think its practical to think that we will get these massive projects delivered to us even in next five years...
One question...are you still paying the installments.? have you received any notice..?
lake view real estate
hi dear,
so far i went through every body sugestion but i like the most is your keep good think up. you are so luck that chapel is around but i bought an apartment in lake veiw and the owner is in jail and arra is just telling go do case and so on . yes we have to open case againt aman any new about aman and any body who as done case and lawer procegers what is going on now with him any body for coutsey inform us we lost all our money with them and need to move to pakistan because of recession and job cut down.
please suggest mr. musafir.
thanxxxx
CONTRACTION ARTICLE
Dear Freind,
I have also bought an apartment from Chapal the Glory and always tried to be ontime for installments although that was very though to earn, save and pay but I did (Thanks God for that) the last one was very hard becuase of economic reccession in market and I needed to ask Chapal to postpond my last installment's deadline twice.
Hereby I want to referesh your mind that we are not alowed to stop payment deosn't matter how constraction is on proccess until two years of completion date which buyer can ask his invest included profit charge( as constraction).
But Chapal has had optimistic prospective to his clients and you will have compromising chance if you go them honestly and ask their help. Please do not forget that we have to follow the way to save our invest if not they would be win in this matter.
You hould be realistic about your situation and time you are standing and absolutly dont be follow stubbornessand do not what to loose your all.
Best regards
S.M.M
payments
dear friends . i also got a letter from chapal asking to pay the due amount . i have booked a 2 bhk apartment in chapal presidency and until jan 2009 paid upto 46% of the total amount since jan when i see the progress on site is very slow and decided to put a stop on payments and done so. they agreed with me that i will be pausing the payments for one year . yes we are bound to payment as per agreement but when we put our hard earned money we feel very sad and bad . i spoke to them ab,t this . they said you have to continue payments to escrow accounts . but when they havent finish even 10% of the construction and it is progressing very slow why we got to pay. we all have to ask for construciton based payment plan and resume payment only after 40 % job is done on the site . no matter if the construction is delayed becoz there is no electricity. water and infrastracture. i dont think anybody can live there untill 2012 . so dear friend why we got to pay more . already our money is with them . so think before you make payments and put questions on completion date , promised visa, electricity, water , infrastructure...and all . if any progress let us know all . dear friends keep in touch .
yes i have been continuing
yes i have been continuing payments
the problem as i see it is, chapal used money from investors to buy other land and promote other properties (eg chapal flora /dunes etc)
then when recession came no body wants to buy anymore, so they got stuck.
then all of a sudden investors in the 4 chapal emirates cities (SOME - perhaps alot of investors) stopped paying.
which meant suddenly chapal is low on money, and no banks are lending to anyone.
chapal were able to use investors money to buy other plots before, because there were no escrow accounts in ajman before (as opposed to dubai where they had been for few years) hence for developers ajman was a goldmine for growth.
however now there are escrow accounts so all money into them, can only be used exclusively for those projects BUT few investors are actually paying in.
thats why there is a problem. and until investors start putting money in, delays may occur, and risks of construction ever being completed occur.
i dont think its just chapal with this problem i think all developers even in dubai have same problem.
chapal in one way isnt as bad as its a bigger developer, hence we are not having the cancellations (yet) like some of the smaller ones who ran away when problems became too much.
at least chapal, star giga etc and some of the other bigger ones are still trying to make it work.
ajman govt also trying to make work, to booster investor confidence, ie escrow accounts, trying to get federal to give exception to ajman for visas etc, and also for those who lost out in smaller bankrupt developments find a way out for them to booster confidence in market, 1 - to motivate exisiting investors to continue making their payments and thus get the construction completed, and 2 - generate new investors for vacant apartment plots, so developers have money to complete construction etc.
its like in reccession. if everyone suddenly takes money out of bank accounts fearing bank may collapse, IT WILL DEFINATELY COLLAPSE.
hence investors need to decide, do they feel secure with their investment, or do they think they lost everything already ? (personally im not ready to give up yet)
if they dont think its all over, then i encourage continue making payments so the job can get completed.
Musafir Moderator
construction linked sounds
construction linked sounds good, but problem is if most investors already paid 50%, and less then 10% done.
so if no one pays anymore till 50% construction done, how is chapal going to get construction upto 50% if it doesnt have the money to pay for it at moment (ie having spent it to buy plots in chapal dunes etc and other places before escrow accounts set up, at time it thought market was good) ???
Musafir Moderator
Decided to stop payment
I had filed a complaint regarding slow progress of the project with ARRA. I have been told by ARRA that they will check with chapal and will compare the progress with the amount already paid. Once confirmed by them, they will stop chapal from terminating the contract.
I am not sure if ARRA has that authority but I will wait and see.
One thing is sure that I am not paying anymore. I will take this huge loss and go on with my life.
I can understand that Chapal may have difficulties but to support them by continuing the payment is a major risk.
The reason I went to ARRA is a last ditch effort to save my investment. Did anybody file the compliant with them?
Regards,
Adnan
interersting approach did
interersting approach
did you email arra or go in person
who did you speak to
if email what is email address and can you paste the email message and person you spoke to with their response
so we can all contact same person at arra
Musafir Moderator
what percent have you paid
Adnan,
What percent have you paid so far?
What is the approach to complain to ARRA?
I phoned Chapal World and they told me that they are waiting for the Construction Linked Payment plan from ARRA.
I am not sure how true is that Chapal was also trying to assure me that they are also stuck in the middle between ARRA and Investors because essentially ARRA is running the whole show now.
They suggested me to keep paying even the less percent to avoid getting the Notice until the construction linked payment plan comes into effect.
I think one thing is very important which we all need to find is when is the Construction linked payment plan coming because that is the only security we have now.
We should also find out regading our money..we all know that our next payment will go into Escow account however where is the money which we have already paid..is it in the Escow account or Chapal has invested into their projects which they were planning to launch...
I am personally very confused what to do...if I cancel then I will loose whole money..but if I put little more it will buy me sometime to see if things get improved...
complain to ARRA
I went to ARRA in person. Tell you the truth, I was very reluctant to go there as I thought it would be difficult to find someone in ARRA who would hear my case.
To my surprise, I was directed to customer service department where a representative heard my case and gave me the option of filing the complaint.
Customer Service Rep. filled out the complaint form in Arabic and attached the copy of my payment plan and reservation form. She gave me the complaint number and asked me to check with them in a month’s period.
She said that ARRA will check with developer to see how much I have paid and the percentage of work completed. In case the work done on project is not to the mark, client should be able to stop payment without any consequences.
However, I have my doubts if construction based payment plan will be implemented by ARRA. Moreover, If they have the authority to stop developer from terminating the contract in my case.
Anyway, I am keeping my finger cross ! ....I have nothing more to loose
I suggest that any client living in UAE should go in person to ARRA and file the complaint form. Make sure you take your payment Plan, Reservation/Sales Agreement, and Passport Copy or UAE ID
ARRA Street Address is as follows:
Shk Khalifa bin Zayed Street , Ajman
Dubai Bank Building, near Karachi Darbar
Ground Floor, Behind Dubai Bank
I have paid almost 40 percent. I have not signed the seller’s Agreement yet. It is totally meant to protect Developer’s interest and there is nothing for the buyer. Seller’s agreement should be balanced, that is protecting both parties interest.
Regards,
Adnan
anyone have any infor of
anyone have any infor of when this construction linked payment plan is applicable,
and adnan are you still paying chapal, if not, what was their response ??
Musafir Moderator
Stop Payment
Starting from this month.
Adnan
the chapal presidency
Hi
what is the latest news on Chapal the presdency, is the development upto date, is there any way i could delay my payment
thanks
umayr
legacy chapal world
should i pay my next installment or not? I've already paid sixt percent of my payments. confused any advice guys?
Pay directly to ESCROW account.
Pay directly to the ESCROW account, using the new schedule provided by Chapal, stating your project and unit number. In that way, your money is generally safe, otherwise Chapal will have a legal loop to either cancel your contract or charge you interest on daily basis.
final notice
Any updates from your final notice from chapal? I thought you have to get a letter from arra for cancelation and only arra can cancel not the developers....Does anyone know?
Chapal Presdency
Hi There
any news from chapal kebab about its construction payment plan, stop paying until the construction payment plan is ready.we need to bug chapal kebab about there true intentions.
if only kebab could have
if only kebab
could have some rogni naan with them too.
i think with such low level constructionwe can make hole for tandoor and make them with the chapal kebabs
Musafir Moderator
Email From Chapel scarey
11th February 2010
Dear Valued Customer, It has been brought to our notice by some of our valued customers that some miscreants from random companies or ex-employees of our company with vested interests have been telephoning some of our clients and spreading false rumor about our company in an attempt to drive down our reputation. If you happen to receive any such call, kindly report to us with details so that that such person would be brought to justice. If you have any suggestions or questions, please send it to us at info@chapalworld.com or telephone on +971 4 3477882. To further our commitment towards transparency, we have started guided visits to all our construction sites in Dubai & Ajman. If you would like to visit the site please call our office on +971 4 3477882 to book an appointment ahead of time. We will be very happy to show you around. You can also login to http://www.chapalworld.com/new/constructions-updates.html to check the construction updates of our projects. Sincerely yours, For and behalf of Chapal World LLC
Note: Please find our “Chapal Updates” in pdf format attached in this email.
Take u on picnic
Dear valued (its mean it) customers,
Please book time with chapel they will take you the empty site of their prestigious (only) plots in the world largest construction battlefield for picnic, where you and chapel representative will enjoy the barbeque.
Some people / ex employee spreading negativity on their all fulfilled commitment to the investors in Dubai and Ajman, they committed to the investors to use money paid by investors will be used for sponsoring cricket matches and for chapel family use.
"These people must get the awards from government and R Holding to fulfill their commitments towards their family with cheating of thousands investors in line with R Holding agenda"
change your profile picture(legacy dream)
please Musafir you have to change your dream profile picture as i visited the site today its legacy dream not
legacy tower , as i left the site last year thank god all the columns standing no one is has been stolen even
the playwood hanging between the earth & the sky on the first parking slab ramp is there & no material
to worry about or cement can get spoiled, everything is under control but the security is complaning that
our money what you pay 50%or what ever not enought to pay his salary please i advice all the investors to
pay the instalment in time or else the guy on site well be without salary like he is now then your columns are in
danger . also i have booked the column number 15 is for me do not touch
Mohammed im going to delete
Mohammed im going to delete u }:) :P
i was there in august, if you look at that column number 15 you may see musafir engraved with finger in the sand dust
i am sure no movement has happened to the development so must still be there !"!
so read notice on their before you take propiety control over it :D :P
Musafir Moderator
I m sorry mr Musafir witch
I m sorry mr Musafir witch floor is your column cose mine on the 40th floor!? next to the elevator , you can't delete
me i have paid more than 247000 to be able to contribute on this forum so pay me my money then i well delete my
self ;)
Chapal have nobody but themselves to blame
Just like many of you I have received the email from Chapal crying foul from what they called ex-employee with vested interest against the "good" name of Chapal! Tough! For more than 6 months in the past, I have been writing and visiting Chapal offices in Shaikh Zaid Road seeking verification and written explanation on when, how and at what level of the ongoing project\s will commence, before I can make MORE direct payments to their ESCROW account, and ALL THE TIME I have been simply talking to a WALL or to empty promises! They would promise to reply and even would take and retake my full address; which they have already, with the promise that they will reply by hand delivered message, and yet nothing, absolutely nothing will come!!!!! Only after more than 6 months of the goings and comings to their offices that they eventually sent me a rescheduled plan for payments with a promise that the construction has resumed!!!! Yet, even then, the new scheduled payment is lacking the mentioning of progress of construction with the demanded payments. The units, which were supposed to be delivered at the end of 2009, have now been "promised" to be delivered not later than December 2012 - Three years later!
Now, they come and tell us that somebody from their organisation is misleading people! What?!!! Crying wolf!!!!!!? People do not need to be misled by anybody else; Chapal's own behaviour within the last 2 years has been telling customers quite a lot about their mismanagement and mistreatments of customers!
Before pointing fingers to unknown individuals, Chapal should examine their own system and probe their own "honest" current employee to see how they respond to their "valued" customers enquiries and anxieties! The way we have been treated by Chapal administration leaves a lot to be desired!
who is contractor for
who is contractor for chapal
i remember dwarish was saying before abu seif is doing for r holdings towers and chapal
is it still same
has abu seif stopped all 7 towers d1-d7 or doing anything at all at momnent ?
Musafir Moderator
I feel very sorry for those
I feel very sorry for those who have lost their life savings to the likes of Chapal. The recent e mail from Chapel was pathetic. Nearly 18 months after the market crash they send out their first customr notice and make it sound as if all is ok. To suggest that constuction on the Presidency is in full swing is laughable. Chapal have just been posting a few workers on site and posting hugely misleading updates on thier website. Progress is about 1 floor per year so look forward to handover about 2040. I have already given up on these clowns or sooks (take your lick). I told these idiots months ago that they needed to communicate honestly with their customers. Anyway I suspect nobody is still making payment so the whole thing will collapse eventually. Why did they not just focus on delivering 1 tower anywhere?
greed ?before arra, and
greed ?
before arra, and escrow, presumably they could use the downpayments ,on one tower, to purchase land, and market a 2nd, 3rd, 4th, 5th, a whole master development, and villa development, then another tower in dubai.
funnily enough, the oldest project of all, is in dubai sports city, where escrows years ago, and appears not even foundation completed.
Musafir Moderator
Lakeview and other stalled project
Hello Musafir, as I gather from your emils, that you seem to know lot about emrites city, please if you could shed some light as to what is going to happen with lakeview 1,2&3 as these plots are fully paid and Qureshi is in jail, there are many investors trapped in these projects. Lakeview 4 & 5 plots have been repossed by R holdings as they were not paid in full. Now what I presume is that lakeview 1,2 and 3 plots belongs to the investors, any idea, Musafir, what is the future for lkeview investors, are they doomed. Please reply, thanks
sorry shan im afraid i dont
sorry shan
im afraid i dont know much about lakview. i suggest you make new page, asking someone to help advice you on lakview on fresh page, hopefully others in lakeview might be able to help you.
Salaams
Musafir Moderator
good news Musafir
with this construction update i think i can resell my flats with 0.5% extra .... any buyers? please i am ready .
o.5% extraa !!!! mine is
o.5% extraa !!!!
mine is already substantially in negative equity :(
Musafir Moderator
everybody'hand in your pocket
Its my first time i see this type investment . if you invest 100000 within 2 years it well turn to 0 not only that
they well force you to pay more. when you give up you hire a layer for another 10-30000 dirham d'ont forget
to pay the interest to the bank you took the 100000 from .oh some late fees extra oops i forgot you have to spend
some fuel weekly to see your investment! if there is any. you d'ont want to call your developer? & your broker with
swapping his hand in your pocket waiting you to say yes for swap ,sweet dream
Chapal Legacy 13% Completion !!
I went to ARRA to follow up on my complaint that I had filed back in Dec.2009. I was told by ARRA customer service Rep. that Legacy is 13% done and there is a 20% lag applied between your payment and actual construction done.
In my case I had paid around 40% so according to them I need to start my payment as soon as they complete 20% of work.
I did question her figure of 20% completion that she quoted, which I think she got from chapal .
I am not an expert but it doesn't look like 20% completion if you take a look at the site pictures posted on Chapal website.
Anyway, I suggest all the investors in Legacy project to file complain so they may take our concerns more seriously.
I want to find out who will assess the status of construction. It should be done by a neutral party.
Regards,
Adnan
i think you should tell
i think you should tell arra, to look at chapal website, which clearly shows they havent event got a single roof on ground level floor up.
considering this is 50 storey tower and they havent even done 1 floor (2%) and maybe even less then this considering that once the 50 storey structure done, they then need to do all the interior decoration, windows, doors, plaster, paint, floors kitchens bathrooms, lifts swimming pools gyms, looks more like 0.2% construction done, just looking at chapal own website of RECENT DATE UPDATE.
then question arra how they can say 13% complete !!
further the ridiculous nature of arra claim of 13% completion of legacy, is seen through what ARRA says about chapal presidency next door. presidency is more progress then legacy, in that they have done ground floor, with ground floor roof, and now construction is on 1st floor. yet ARRA madly says PResidency completion is 11% !!!!!!!!!!!!!!! :jawdrop:
so adnan, do us favour, pay visit to emirates city takes photographs of legacy. then sign date the photographs, then go to arra, show them your photographs, and tell them look at chapal website for legacy and presidentcy, and ask them to clarify how they say 13%. and ask ARRA to amend ARRA website on chapal actually done for completion, as clearly not 13% !!
because either the information arra recieved is wrong, or chapal photos are wrong on their website for legacy and that in reality chapal has 15-20 floors up on legacy to give them 13% completion !!! ( but your photographs are not wrong which you will sign and date and give to ARRA as proof !).
Musafir Moderator
Is Payment through ESCROW Account Trustworthy
Just to add to what has been mentioned above, I assume that payment through escrow account is more than questionable. My understanding is that amount from escrow account will be released to developer based on construction update.
If the figures of construction update is so unrealstic (e.g. say around 0.2% which I completely agree with Musafir as compared to 13% by ARRA for chapalLegacy)
I assume the developer would be able to get the amount released based on ARRA figures instead of the real construction update.
Chapal
It seems like chapal is tired again and resting ...No activity on the site... D4 at 3rd residential level.. D5 at last parking floor...D 6 at 1st parking level and finally poor D7.. nothing...just few columns sunbathing... D6 completion 19 months away.. fifty plus floors... we need a miracle..
Chapal & Project Completion
Can any one or even owner / staff of so called chapal who have collected Billion of $ from the investors and end users who have just given their earning and life saving amount to Mr. Chapal.
This gentleman has spend this collected money behind the sponsoring the cricket matches and renting big hoardings for his own advertisement, but he never thought about completion of any project.
In Dubai sports city he has sold Destiny twin town they are still not come up above the ground since 2005 / 2006.
and Emirates city 4 towers can be read above.
So Chapal still enjoying your money and keep enjoying as no construction at site and no payment responsibility towards contractor.
Please understand its not wait worthy " ACT NOW" or never as one day this Chapal will leave this country and settle in Canada or Pakistan with your money and start same Emirates Lake Tower scheme there.
Hope massage is very clear and under-stable isn't it?
Chapal & project completion
I agree with Darwish, we should stop all payments unless chapal clarifies the construction details & also construction based payments.
Chapal
The million dollar question is whether presidency and legacy are going to be canceled!!!! Only the
time will tell...
The Presidency
Hello Everyone, I am an investor in the Presidency and have paid about 60% of the purchase price of my apartment. I have suspended payments for over 6 months. Reading the comments on this forum I think I did the right thing as there is no infrastructure (water, power) being developed, no progress on the development, no (or very little) money being paid by investors and no straight answers from Chapal. I will be going to the site, taking some photographs and then going to ARRA with my contract to see what they say. I will report back to this forum on what I find.
(edited by moderator... PLEASE DO NOT ADVERTISE. I NOTE YOU JOINED JUST AN HOUR AGO. I HAVE EDITED YOUR POST ON THIS OCCASION TO GIVE YOU BENEFIT OF DOUBT. NO ADVERTISEMENTS EITHER DIRECTLY OR INDIRECTLY WILL BE TOLERATED. AND DONT TRY OUR PATIENCE BY CLAIMING YOUR NOT !).
The Presidency
Moderator: you clearly did not read my post properly. If you still have it, I respectfully suggest you read it again. I merely reproduced an email I received from an alleged property company in Dubai (I didn't include contact details) and I asked for readers' views on whether they think it is a scam! You will see that I noted at the bottom of the post words to the effect that "this seems too good to be true, which presumably means that it isn't true".
I thought that one of the purposes of this forum is for people to communicate their experiences of buying in Ajman, especially from Chapal and that should include advice on whether unsolicited offers of help from unidentified parties are legitimate or whether they are just another scam. It appeared to be a "property swap" proposal such as that mentioned elsewhere on this forum. I don't know anything about such arrangements but I was suspicious of it and was seeking the views of other members. What is so wrong about that?
Thank you for your "benefit of doubt" but please do not accuse me of "trying your patience". You misread my post and, respectfully, you are in the wrong on this one. I would be interested to know whether other forum members have had similar approaches from this person (whose copied email you deleted) or others and, if so, what they make of them but it's rather hard to discover this if you delete my post without reading or understanding it properly.
I am just an investor in the Presidency, nothing more, and like other forum members I am trying to work out what the hell to do having paid a lot of money for nothing (so far). Please don't make my situation any more difficult by jumping to the wrong conclusions. In fact I respectfully challenge you to admit you are wrong on this occasion, even if you don't reproduce my post on this forum at least do me the courtesy of rereading it and checking it for your own information. If I was advertising I would have included an address and telephone number wouldn't I? And I wouldn't have made comments suggesting that the email I reproduced on your forum (without contact details) sounds like a scam would I?
Please do the decent thing and accept you made a mistake. I could do without being accused of things I haven't done. I'm a Chapal "victim" not an unsolicited advertiser. I have better manners than to do such things and I rather resent this accusation. I hope you reread my post and understand. Thank you.
Property Swap
Hi All, as per my posts above I received an email from someone in Dubai offering to offset the payments I have made against my apartment in The Presidency and invest them in a property in Dubai for a low balance payable over 5 years. Has anyone else had similar approaches? I am suspicious of this approach partly because the sender had only a cellphone number and a PO Box address and partly because it sounded too good to be true, assuming I understand it correctly. Am I right to be suspicious? has anyone had any experience of these arrangements? Thanks.
sounds well dubious to
sounds well dubious to me
contact arra and rera to check his credentials if he is registered with them as real estate agent and escrow accounts
Musafir Moderator
Swap your properties for ready projects in Jumeirah Village
Hi,
We would like to offer all investors who have booked their apartments in Ajman to swap their properties for the ready projects we are offering in Jumeirah Village.
We can offer you the swaps at the same rates that you bought in Ajman along with favorable payment plans so you can pay for your apartment in installments and earn rental income at the same time.
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Regards,
Binayah Real Estate