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B9 2/3/2014

B9 2/3/2014
akhiabani's picture

Arra's Conflict of Interest

The chairman of Arra a ruling family member is also head of the Ajman Holdings the parent company of the AA properties the developer of the Ajman Boulevard. We all know that there hasn't been any resolution to return the investors money back from this failed project. How can we expect this agency to act impartial? Arra needs a higher regulator.

See How Discount Produced The Cross over From Noun To Verb

C23 Chocolate Tower Al Andaleeb

There is a rumour that the Developer was sentenced to Jail and their bsiness account frozen by ARRA. Is tihs true ? Has any one taken legal action to recover the money. Has anyone got any information on this.

akhiabani's picture

Anybody Knows What this is about?

Notice
Pursuant to the Amiri Decree No. 8 of 2008 and its amendments, concerning the regulation of joint ownership in the real estate projects and investment buildings in Ajman, ARRA calls the investors in the Master Project "Green City" below to visit its office within 10 days of the date of this notice.

akhiabani's picture

Chapal

UAE government is more than capable of putting an arrest warrant on these crooks and having their assets frozen any where in the world. Why isn't that happening? What are they waiting for? How long more this government is going to hide behind this useless agency they created called Arra?
They can't take these land back for free like they did in Marmooka and rest of the projects...

KARIM MAZHER's picture

KARIM MAZHER

KARIM MAZHER

I WOULD LIKE TO BRING YOU KIND ATTENTION ON REGARDING THE APARTMENT WHICH IS BOOKED THROUGH AL ANDALEEB HOMES PROPERTY DEVELOPER ON 4th FEB 2008,UNDER PROJECT CHOCOLATE TOWER PLOT-C23.EMIRATES CITY IN AJMAN.WITH TOTAL SELLING PRICE OF 313070/=. THE PROJECT COMPLETION DATE WAS 31 DEC2009 - BUT SOFAR PROJECT IS NOT YET OR STARTED OR COMPLETED AS PER THEIR PAYMENT. I ALREADY PAID 58% OF AMOUNT OF THE OPARTMENT WHICH EQUAL TO 181580AED.

Review of Ajman Freehold projects

I visited Ajman a couple of weeks ago and spent one day driving around looking at various completed and under construction projects. Here are the conclusions:

Emirates City:
No infrastructure or shops or much of anything close to the project.
Forget about there being a Lake built.
One building complete and several nearing completion.
Quality of construction and finishing average to poor....depending on the building.
Many more buildings have stopped years ago with no evidence of work about to start.

interesting in buying 1BR in Lake Tower C4

I am interested in buying a 1 BR in Lake Tower C4, directly from an owner, I don't want to deal with a real estate company.

If you have an appartment in C4 (1B.R.), please get in touch with me.
Thank you.

Savannah tower

Savannah tower , is belong to company called GBS holding ...do any one know where are they located in Dubai i have theri number but no response ..043297341...

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