Al Reef Villas Abu Dhabi
#31
Just Joined
Joined: Nov 2008
Posts: 25
Re: Al Reef Villas Abu Dhabi
Gosh, off come the gloves. Here are some pictures. Please judge for yourselves.
#32
banned
Joined: Oct 2008
Posts: 7,611
Re: Al Reef Villas Abu Dhabi
Gosh, freddie; the pictures of the meadows and springs looks great also, 4 years on, they are beginning to crack, sag and in grave need of an uplift...like your average Jumeriah Jane
So you've bought? Or work for one of the 2 mentioned earlier,
So you've bought? Or work for one of the 2 mentioned earlier,
#33
Just Joined
Joined: Nov 2008
Posts: 25
Re: Al Reef Villas Abu Dhabi
Hi - neither actually, I walked in last week and had a look until the security guard ushered me away. I took the pictures to show my wife, but it's probably to far out for us. We're new in town, so wanted to see whether it was worth buying. They are definitely budget buildings with corners cut.
#34
banned
Joined: Oct 2008
Posts: 7,611
Re: Al Reef Villas Abu Dhabi
I did exactly the same thing. Turn up have a look round. I thought they were shite for the money they are asking. If the top end one was going for around 100K GBP then fair enough (I still would NEVER buy here though)
#35
Just Joined
Joined: Nov 2008
Posts: 25
Re: Al Reef Villas Abu Dhabi
I agree - someone who commented on this forum earlier stating that Al Reef were initially designed as budget outfits is definitely telling the truth.
You will not find any "grohe" taps, but just the cheap and nasty stuff.
However, in its defence I will add that an engineer friend (from Germany(!) - and no, he's not Polish), who accompanied me on my visit to Al Reef, did say that, from a purely structural perspective, the building looked rather sound.
Seriously though, I was just trying to answer that ultimate question when we first arrived - is it better to buy or rent?
You will not find any "grohe" taps, but just the cheap and nasty stuff.
However, in its defence I will add that an engineer friend (from Germany(!) - and no, he's not Polish), who accompanied me on my visit to Al Reef, did say that, from a purely structural perspective, the building looked rather sound.
Seriously though, I was just trying to answer that ultimate question when we first arrived - is it better to buy or rent?
#36
banned
Joined: Oct 2008
Posts: 7,611
Re: Al Reef Villas Abu Dhabi
Rent rent rent. In my opinion of course, too many unknowns. Buy a house, you NEVER own the land its built on. You have an accident or an incident with someone with serious Wasta, and you lose your visa (I.e you get banned) so you have a house that you can't visit.
Your always a visitor here, ALWAYS
Your always a visitor here, ALWAYS
#37
Just Joined
Joined: Nov 2008
Posts: 25
Re: Al Reef Villas Abu Dhabi
Hey man (I presume you are!)
Thanks - that's true and given the chances of being thrown in jail for defaulting on mortgage payments (or loosing your job) the stakes, in my view, are very high.
We will rent for now, but it's extremely tempting to want to buy after seeing the new shiny villas of our friends in Dubai's Arabia Ranches. Knowing that they're housing allowances are going to pay off a mortgage as opposed to going to a greedy landlord (or lady, in our case) who doesn't want to do any maintenance and simply wants rent.
Thanks - that's true and given the chances of being thrown in jail for defaulting on mortgage payments (or loosing your job) the stakes, in my view, are very high.
We will rent for now, but it's extremely tempting to want to buy after seeing the new shiny villas of our friends in Dubai's Arabia Ranches. Knowing that they're housing allowances are going to pay off a mortgage as opposed to going to a greedy landlord (or lady, in our case) who doesn't want to do any maintenance and simply wants rent.
#38
banned
Joined: Oct 2008
Posts: 7,611
Re: Al Reef Villas Abu Dhabi
Arabian ranches, yea I'd have loved to have bought one of the lake view villa's only to find that the lake got filled in....
I see your point regarding using the housing allowance. Still I've had chances to buy over the last 5 years and I haven't.
Prob explains why I'm not rich though!!
I see your point regarding using the housing allowance. Still I've had chances to buy over the last 5 years and I haven't.
Prob explains why I'm not rich though!!
#39
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: Al Reef Villas Abu Dhabi
Arabian ranches, yea I'd have loved to have bought one of the lake view villa's only to find that the lake got filled in....
I see your point regarding using the housing allowance. Still I've had chances to buy over the last 5 years and I haven't.
Prob explains why I'm not rich though!!
I see your point regarding using the housing allowance. Still I've had chances to buy over the last 5 years and I haven't.
Prob explains why I'm not rich though!!
#40
Re: Al Reef Villas Abu Dhabi
Rent rent rent. In my opinion of course, too many unknowns. Buy a house, you NEVER own the land its built on. You have an accident or an incident with someone with serious Wasta, and you lose your visa (I.e you get banned) so you have a house that you can't visit.
Your always a visitor here, ALWAYS
Your always a visitor here, ALWAYS
#41
Re: Al Reef Villas Abu Dhabi
This is when your brutal honesty is particularly valuable!! I received some other worthwhile advice today which means that I don't have to waste my time going for a viewing.
#42
Just Joined
Joined: Nov 2008
Posts: 25
Re: Al Reef Villas Abu Dhabi
The other issue is that we're expected to put down at least 40% (and other conditions paying salary into bank a/c etc.) before getting any finance secured. That's far too many eggs in one basket for my liking.