Emirates City Forum

Hi,
look on the sweethomes website at the construction updates http://www.sweethomesuae.com/Sweet_Content/Archieves.aspx?Towerid=34&Men...

I am particularly looking at B3. It has a pic showing from Apr 13 and there is a construction form with signatures. it says slab 15 has been done which is in line with the picture. I thought Slab 15 was done sometime this year. However the date on the form says Feb 2012. This is not a typo as it has been signed by contractor and consultant in Feb 12.

Leo, if there is anything further to report about Ajman Uptown, please do it. The May construction update photos seem to be the same ones as months before, only with the date stamps changed. Hope work hasn't come to a grinding halt there too. Also, the next time you visit the site, will you inquire about any progress, or lack thereof, in utility and electricity connections to grid? if the developer in question was even a fraction as efficient in handing over projects as it is in chasing customers for monthly instalments, it would have long become the leading property group in the UAE.

after reading many posts by buyers, and if what they say is correct, that is, if some developers have done nothing for 4 to 5 years, and they have buyers money, then that could be fraud. fraud is a criminal act under the law. buyer could file a case in UAE federal court against a private developer if there is enough evidence to prove fraud. there appears to be enough evidence to mount a good case....a buyer needs to bite the bullet and do it....get on with it, do not complain and talk about it...do something. otherwise these developers will get away with it and keep buyers money.

Top UAE lawyer Dr Habib Al Mulla has accused real estate watchdog RERA of dragging its heels on the formation of a real estate law in the country.

In an interview in Arabian Business, Al Mulla said: “In property there is no framework to protect the consumers. We need a proper strong real estate law in Dubai and in the UAE.

"Until now we have not seen anything tangible come out of RERA. I think they are well behind and they need to speed up.”

Al Mulla added he was concerned that no strong legal infrastructure had been put in place during the recent recession.

Hello,
What is the Situation of Lakeview 4/B12 in Ec. I have Paid over than 30% to the Devoloper and did not heard any more.
Please Help me. I live in Germany and i want to know what is happend to this Projekt or what i have for choice!
Thanks
Sedighi

I spoke to sweethomes and they said that they have not been informed by master developer that

B2 B3 B4 only being built to 15th floor

Can someone mention where they found this information

Hi,

Just found this yesterday.
Interesting footage:

http://www.youtube.com/watch?v=WChhBy9Dycg

We had visited EC yesterday, here is some good and great news from on the site

1. Work has started in Star Giga ( Midde row, first tower) after 4 years, we saw material off-loading from trucks, and workers joining the building. Becon construction has taken over the the work..Great News :)

2. Paradise lakes towers work is continuing on all B1-B8, B1,B2,B4 tower stories will be reduced to 15 Floor each to complete the work ASAP

3. No updates on Chapal construction

4. EC looked far more busier yesterday, a rare site in last 4 years..

So!!! Great time ahead..

Ajman Bank launches residential financing profit 2.99%
04/08/2013
Ajman Bank launched new residential financing, profit rate from 2.99%. The bank said in a statement issued yesterday, that the offer is in line with its commitment to support the prosperity of the real estate sector in the UAE, and to meet the housing needs of clients and their families, which have already sought the bank through signing an agreement with the Sheikh Zayed Housing in August 2012.

Hi everyone, Any news from SAVANNAH tower?
It is missing from ARRA projects list. I dont know what to do, Pls help.