THE EMAIL BELOW IS TO HELP OUR FELLOW INVESTORS IN THESE TESTING TIMES, PLEASE FORWARD ON TO KNOWN INVESTORS IN THIS PROJECT.
Dear All, After our continuous efforts and pressure Emaar has OPENED TRANSFER FOR ANY PROPERTY AT ANY STAGE OF PAYMENT After having many meetings with Emaar, it has been suggested that if you all want to save your money that has been invested in Warsan Estate or anyother Emaar property that you cannot make the second payment for, please send this email that i will paste as below, and make all the necessary changes according to your properties. The email below is an example of what I have sent to the assistant manager Mr Yasser of Emaar Customer Services. We only have until Sunday to send as many email's as we can to this email address and fax our first page of contracts to the number given below, the Emaar management is under alot pressure and will listen to all the suggestions made in the email below * PLEASE NOTE the sentences that are in BOLD are to be personalized, as per your inventory in Emaar or what few changes you would like to make * Each person must copy the email below and mail it from their own addresses to: <mailto:[EMAIL PROTECTED]> [EMAIL PROTECTED] * Also you must fax the first page of contract or the reservation form on the fax number: 04 366 1600 Attention Yasser * Subject of the email should be 'Refference to the meeting on the 20th of Oct' **************** EMAIL START *************** Dear Mr Yasser, Wish you are doing well. I am writing this email with reference to the meeting we had with you on the 20th of October, this is to suggest some propositions to somehow relax the stress level that customers of Emaar are feeling these days. The properties that I personally own in Emaar on my name are: (I will send you faxed copies as well after this mail) Teema Asmaran Phase 1: Villa no (4-19) Teema Asmaran Phase 2: Villa no (1 - 4) Maysan Asmaran T 2: Appt no (2006) Properties that i have bought in a consortium on the Power of Attorney on my name: (I will send faxed copies as well after this mail) Teema Asmaran Phase 2: Villa no (1 - 175) Teema Asmaran Phase 2: Villa no (4 - 35) Teema Asmaran Phase 2: Villa no (1 - 161) Warsan Estate P1: Villa no (1 - D) As evident from the immense inventory that I myself have in Emaar, I would deeply request Emaar to make a few changes in their rules to make me succumb to a better position. My suggestions for different options that Emaar management can make are as under: 1. I have bought a villa in the Warsan Estate on POA, to be honest no customer who has invested in this project are at all satisfied with it, as in the prices are high, the location is very bad (sewerage plant), and most of all the market feels and knows that this is a flop project, which has killed the confidence level of any investor, also it is known that anybody who invests in this project will either be very foolish or has no idea what so ever about Dubai or its real estate market. Also I would like to add that whatever relaxed payment plan that Emaar suggests, I am sure that 95% of the Warsan Estate villa owners will still not make the 2nd payment under any circumstances, so please do me and the rest of your customers, an immense favour and somehow make it possible to cancel this project, or keep my funds in Emaar and let me transfer these funds into some other projects that I own. 2. As I suggested above, to let me forfeit my properties which I cannot make the 2nd payments for and let me readjust the funds somewhere else in other projects. 3. According to the RERA law, it implies on developers to return 70 % of the amount and forfeit 30 % invested by their customer in case of failure of making the 2nd payment, I am not going by the law or enforcing any judgements towards Emaar, but what I would like to request that in case all options are not acceptable, if this one could be possible as a final decision, as it would be beneficial for Emaar and as well will comply with all its customers. I wish the upper management good luck on their decisions, and will again request for the management to come up with a rule that would be beneficial to not just me but all your customers Regards --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Dubai Realtors" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/dubai-realtors?hl=en -~----------~----~----~----~------~----~------~--~---
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