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Search: Posts Made By: IndieG
Showing results 1 to 25 of 54
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Forum: Middle East
Apr 17th 2007, 1:31 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Yep........if you can turn yourself into a roach
Forum: Middle East
Apr 17th 2007, 1:00 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Emaar still act like they own the 'freehold' properties in their developments - they want property owners to shell out 5,000 for a 'no objection certificate' if the owner want to sell his/her...
Forum: Middle East
Mar 26th 2007, 8:12 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

But the quality of our building is absolutely :thumbup: . Built in 1996 by ETA Ascon.
Forum: Middle East
Mar 26th 2007, 8:08 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

that and window cleaning..........

Our building was just painted last year and it has already turned a dirty shade - creamish brown:ohmy:
Forum: Middle East
Mar 26th 2007, 5:32 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

LJ, I expect the cost of maintaining these ‘green’ communities will keep rising significantly in the near future water is a very dear (we are being subsidised significantly btw) commodity here. ...
Forum: Middle East
Mar 26th 2007, 3:47 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Ha Ha, wait till you hear how much they've upped the maintenance fees in the Green Community ...............


Lake Apartments at Green Community. Maintenance fees for a three-bedroom house will...
Forum: Middle East
Mar 24th 2007, 3:09 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Personal loans are secured by a salary transfer and end of service benefits - hence relatively lower interest rates - 10-12%. Citi/HSBC offer unsecured loans - thinks it's 22-24% p.a......sub prime...
Forum: Middle East
Mar 24th 2007, 1:46 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

That's the problem with banks here - no scruples. Did you read the article recently? - apparently 40% of the inmates in Dubai jails are there because of bounced security cheques:mad:
...
Forum: Middle East
Mar 24th 2007, 6:22 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Trebling it would be very optimistic. Many projects are in their 18th month of delay. Take JBR:

NAME: Jumeirah Beach Residence
TOWERS: 36 residential, 4 HOTEL TOWERS
START DATE: 2004
END DATE:...
Forum: Middle East
Mar 22nd 2007, 6:24 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

your name is burj armani?
Forum: Middle East
Mar 22nd 2007, 6:20 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

BC - wasn't joking:p

Burj Dubai will feature the exclusive Armani Hotel designed by Giorgio Armani, luxurious corporate suites and offices, serviced residential suites, apartments, four swimming...
Forum: Middle East
Mar 22nd 2007, 6:09 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

BC, the top floors, I think will be the Armani hotel.
Forum: Middle East
Mar 22nd 2007, 6:05 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

It will still be a tourist attraction - The Leaning Tower of Burj:p
Forum: Middle East
Mar 22nd 2007, 6:00 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

But Gareth never said Dubai is a shit place to live :confused: I thought you were the one who always said it..... Guess you are now liking your new job - makes a big difference ;)

Anyway that...
Forum: Middle East
Mar 22nd 2007, 5:47 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

They expect the top floors will sway 10 feet in the wind:blink: :eek:
Forum: Middle East
Mar 20th 2007, 7:23 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Yes........let's hope it doesn't take as long as the 'beautification' of the jumeriah roads though;)
Forum: Middle East
Mar 20th 2007, 5:48 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Making sure that the demand for property in dubai always remains high:sneaky:

Close access road from the cheaper emirates into Dubai..........
...
Forum: Middle East
Mar 20th 2007, 3:52 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Another under construction high-rise on fire on SZR:frown: Apparently a building next to Coco's (?) You would think people would learn after the fire at Fortune Towers.......

EDIT: Apparently 2...
Forum: Middle East
Mar 16th 2007, 4:17 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

And probably 90% of that growth will comprise of people who will live in Sonapur and other labour camps........so forget future demand.

According to a survey released by the Dubai government:
...
Forum: Middle East
Mar 5th 2007, 6:16 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Then it would apply to contracts after the law is passed. The existing contracts all provide 1 year warranty.

Let some of the developers atleast honour existing contracts - provide compensation in...
Forum: Middle East
Mar 5th 2007, 5:54 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Fazzo,
Were you seriously planning to spend AED 1 mio for a 1 bed. Have you worked out the sums?

Let me simplify it a bit for you:

Assume no capital gains in the forseeable future (generous...
Forum: Middle East
Mar 4th 2007, 3:56 pm
Replies: 340
Views: 35,576
Posted By IndieG

Does Dubai face a Singapore or Hong Kong style correction?

There's an article about this here:

http://www.ameinfo.com/107737.html
Forum: Middle East
Mar 4th 2007, 12:04 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Is that denominated in GBP? If so , too low. Banks are doing better than that for 6 months to 1 year GBP term deposits
Forum: Middle East
Mar 4th 2007, 8:55 am
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

Good point.........RAKBANK's paying 5.75 on a 1 year Dirham deposit;)
Forum: Middle East
Mar 3rd 2007, 1:28 pm
Replies: 340
Views: 35,576
Posted By IndieG

Re: If there was a property crash in Dubai..

That is exactly what Emaar is also probably thinking when they want to sell their properties at the Greens and Lakes;)

Yes you're right, cash in when the going is good.
Showing results 1 to 25 of 54
 
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