Royal Breeze Al Hamra RAK
#32
Just Joined
Joined: Mar 2007
Posts: 24
Re: Royal Breeze Al Hamra RAK
I live in RAK, Phase 1 Town house.
The RB development is slowly reaching compltion.
Just look at Google Earths idea of Al Hamra, even phase one is a wreck, no update for years.....yet Dubais views are up to date.
Keep the faith, Al Hamra is maturing, albeit slowly....
Glf
The RB development is slowly reaching compltion.
Just look at Google Earths idea of Al Hamra, even phase one is a wreck, no update for years.....yet Dubais views are up to date.
Keep the faith, Al Hamra is maturing, albeit slowly....
Glf
#33
Just Joined
Joined: Oct 2011
Posts: 2
Re: Royal Breeze Al Hamra RAK - Phase 3
We too are in a similar position to yourself. I have 4 villas and I have only paid 45%. They have now completed the project and are wanting the outstanding amount.
I feel if we could gather a group of people with similar situations we would have more of a chance to gaining a solution to this problem as there are no investors willing to buy the projects.
A year ago I spoke with the Manager Omar with regards to consolidating or any other options that he could devise. However, he was unable to come up with anything. He has now left and there is a new manager. I think it is worth trying to see what they can come up with as the situation is neither beneficial to both parties.
I feel if we could gather a group of people with similar situations we would have more of a chance to gaining a solution to this problem as there are no investors willing to buy the projects.
A year ago I spoke with the Manager Omar with regards to consolidating or any other options that he could devise. However, he was unable to come up with anything. He has now left and there is a new manager. I think it is worth trying to see what they can come up with as the situation is neither beneficial to both parties.
#34
Just Joined
Joined: Oct 2011
Posts: 4
Re: Royal Breeze Al Hamra RAK
Was in two minds but now leaning towards completing. I've spent quite a bit of money already and walking away might not be that good an option. Heard something quite shocking today though.... apparently the apartments do not have cookers. Anybody else hear the same thing? If no cooker then it renders the apartment basically useless in terms of securing a tenant.
#35
Just Joined
Joined: Sep 2011
Posts: 7
Re: Royal Breeze Al Hamra RAK - Phase 3
I own a 3 bed/2 bath place in RB building 1. I have paid 55% of the purchase price. They are now asking for the 45 % plus all the other charges they have added to it. I am willing to join the group of buyers for negotiation purposes. I spoke to Ranjan earlier and he said there is no option of re-negotiating the price. I am sure this can be done if a good amount of buyers form a group.
Who is Ranjan?
I think it would be usefull for as many investors as possible to approach Alhamra.
Alhamra and RAK don't have the same problems as Dubai and I'm sure they would be more receptive to discussion.
Could all investors on this site please respond and let me know your thoughts?
#37
Just Joined
Joined: Oct 2011
Location: London
Posts: 4
Re: Royal Breeze Al Hamra RAK
Dear All
My first post on this site!
In 2007 I have purchased two units at Royal breeze, a sea view studio and one golf view 1 bed unit , now in RB5 and RB4 respectively.
I have already paid 60% of the OP and now I have to pay 370K for both units. I hoped that I could consolidate both units and keep one of them as I have difficulty to inject more cash.
I am sure Alhamra real estate would listen if we chase them in a group!
Kind regards
Nam
My first post on this site!
In 2007 I have purchased two units at Royal breeze, a sea view studio and one golf view 1 bed unit , now in RB5 and RB4 respectively.
I have already paid 60% of the OP and now I have to pay 370K for both units. I hoped that I could consolidate both units and keep one of them as I have difficulty to inject more cash.
I am sure Alhamra real estate would listen if we chase them in a group!
Kind regards
Nam
#38
Forum Regular
Joined: Sep 2011
Posts: 99
Re: Royal Breeze Al Hamra RAK
I see quitre a few guys have joined this thread, is there anyway we can all join forces?
Cheers
MM
Cheers
MM
#39
Just Joined
Joined: Oct 2011
Location: London
Posts: 4
Re: Royal Breeze Al Hamra RAK
We have tried to consolidate our two units into one but they are not interested in! I know there are many other unfortunated investors out there in similar position who are unable to inject more money, but Al hamra real estate gives you only one option take it or leave it!
#40
Forum Regular
Joined: Sep 2011
Posts: 99
Re: Royal Breeze Al Hamra RAK
I am sure its in their interest that people do take their property, i understand that the current prices are way below then what you and I have paid but still i thought they would be keen for investors to take over??
cheers
cheers
#41
Just Joined
Joined: Oct 2011
Location: London
Posts: 4
Re: Royal Breeze Al Hamra RAK
Thanks, Honestly I would love to keep both units but I don't know how I can afford it? I think Al hamra village has a good future!
Have they removed that ugly beachfront cement wall?
I have heard that there will be a beach dedicated to Royal Breeze residence but I don't know the location?
Cheers
Nam
Have they removed that ugly beachfront cement wall?
I have heard that there will be a beach dedicated to Royal Breeze residence but I don't know the location?
Cheers
Nam
#43
Forum Regular
Joined: Sep 2011
Posts: 99
Re: Royal Breeze Al Hamra RAK
I have not visited the place for a while, has anyone been there recently? Secondly anyone done the 'handover' process recently and perhaps they like to share their experience with us?
Cheers
#44
Just Joined
Joined: Oct 2011
Posts: 7
Re: Royal Breeze Al Hamra RAK
Hi
I am new to this site we have an apartment in RB5 also and have been asked for the final payment. We are going to look on 7th November but Al Hamra are insisting on the money up front and wont let us take an International Bankers Draft or they will charge us for this and it will take "weeks" to process according to them. Getting help and answers from them is impossible. We asked about "Land Registration" to be told we didn't need it as its optional but if we want it more charges!
Has anyone taken over an apartment yet? Any comments would help.
we are happy to join a "protest" group.
Cheers all
I am new to this site we have an apartment in RB5 also and have been asked for the final payment. We are going to look on 7th November but Al Hamra are insisting on the money up front and wont let us take an International Bankers Draft or they will charge us for this and it will take "weeks" to process according to them. Getting help and answers from them is impossible. We asked about "Land Registration" to be told we didn't need it as its optional but if we want it more charges!
Has anyone taken over an apartment yet? Any comments would help.
we are happy to join a "protest" group.
Cheers all
#45
Forum Regular
Joined: Sep 2011
Posts: 99
Re: Royal Breeze Al Hamra RAK
Welcome T.Mo to the forum.
I am not sure how they can ask you for the money witout you going through the 'handover' process? You may find some snags (minor/major) and once you are ahppy with the unit only then you should part with your money!
I am sorry i cannot answer your question as i have not done the handover yet but do let us know how you get on with your on the 7th, good luck.
cheers
I am not sure how they can ask you for the money witout you going through the 'handover' process? You may find some snags (minor/major) and once you are ahppy with the unit only then you should part with your money!
I am sorry i cannot answer your question as i have not done the handover yet but do let us know how you get on with your on the 7th, good luck.
cheers