D1 Tower

[datum1m]

Hi to all members 

It has been a while and a lot of money lost in Dubai, I only have one Apartment left which looks like it might get completed, but unfortunately I was diagnosed with cancer and now need to terminate my assets quickly. Does anyone know if D1 Apartments are selling?

I have been in touch with the developer, who wants to take 13% off the original sales price for the Apartment as some sort of fee even though they are many years late in delivering my Apartment.

Any feedback from members living in Dubai would be good, I put my cancer down to the millions that I lost in Dubai and the stress that it caused my body to go through.

Best Wishes

Nigel

[Asif Kamil]

I am so sorry to hear that . All the best for you . 

Sent from my iPhone

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[mfk...@gmail.com]

My prayers for you.

Don't look at what you lost Assume it was never yours just take what you can get.  You will feel much better. None of us take anything when we leave this world

This is my humble advice

May God Bless You

Mohammed khan

Sent from my BlackBerry 10 smartphone.

From: Asif Kamil Sent: Sunday, 16 February 2014 11:56 To: dubai-proper...@googlegroups.com Reply To: dubai-proper...@googlegroups.com Subject: Re: [Dubai Property Investors - 6762] D1 Tower

[Asif Kamil]

Very true and excellent piece of advice .

 

Sent from my iPhone

[Sandi Fryer]

So sorry to hear that. wishing you all the best and sending positive light and energy your way.

Regards,

Sandi Fryer

[RAKESH]

Hi,

Nigel,

Take care of your life.

D1 going prices for real deals are at about 1700-1800 psft and the we are trying to sell one of our units for 1900 psft for last 6 months but no result.

Since project and developers has no image of being a good developer and the reason for low trading.

I am in India,back in Dubai on 18th feb,call me on my number or give me your contact,i can call u to discuss further details.

Warm Rgds

Rakesh

Sent from my iPad

[Maha Alansari]

Vey sorry to hear this Nigel! You deserve the best , we all do, and what happened to us in Dubai is not fair but you should just focus on ur health now

All the best 

Zalikah

Sent from my iPhone

[datum1m]

Thank you all for your kind words of support, I was diagnosed at stage 4 and had my third round of chemo on Friday, I am hoping the chemo will help.

Rakesh, nice to see you are still following the group after all these years, can I contact you through email with me now living in Australia and are you on the same gmail email address?

Best Wishes

Nigel 

[Sandi Fryer]

Nigel - Michael Douglas was diagnosed with Stage 4 also so you can beat it too!

Cheers,

Sandi Fryer

[mfk...@gmail.com]

Nigel My best wishes with you I am sure you will get well soon. 

Mohammed khan

Sent from my BlackBerry 10 smartphone.

From: Sandi Fryer Sent: Monday, 17 February 2014 09:55

To: dubai-proper...@googlegroups.com Reply To: dubai-proper...@googlegroups.com

Subject: Re: [Dubai Property Investors - 6771] Re: D1 Tower

[datum1m]

Hi Rakesh,

Have not heard back from you following my reply to your post, are you back in Dubai? Was it you that invested in Sunland Palazzo Versace? 

Hope to hear from you soon.

Regards

Nigel

On Sunday, February 16, 2014 5:07:35 PM UTC+10, datum1m wrote:

[Djipar M]

 Hi Nigel,

This is Djipar, hope you still remember me.

Try to check this web-site,

http://www.propertyfinder.ae/en/buy/dubai/properties-for-sale-culture-village-d1-tower.html?t/9-16/v/105-1

You will find there a lot of agent's working on this project, it was very usefull for me to rent my property.
or send me details of your flat, I will talk to them. I came to Dubai couple of days ago, I will try to help you.

Regards,

Djipar

[datum1m]

Hi Djipar, Was it you that went to live in South Africa if so I remember you and hope you are well, my Apartment is a one bed on floor 37 unit number 3706

Best Wishes 

Nigel

On Sunday, February 16, 2014 5:07:35 PM UTC+10, datum1m wrote:

[datum1m]

Hi Everybody,

Just wondering if there is any further news about the D1 Tower according to the Sales & Purchase Agreement the completion date was 30th June 2011 which could be extended by the developer for a maximum of a further 12 months. It is now July 2014 which is 2 years past their extended date, but I never received notice that they wanted to exercise their right to extend the completion date nor have I received any notice of them claiming Force Majeure (but that would be hard for them to claim with the tower still not built 7 years later than it was started, even if the master developer is behind in providing utilities the D1 tower should be complete and ready for utility connections) 

Also I am looking for proof of sales at 1700 to 1800 psf (secondary market) because I am still looking for the developer to refund my money on compassionate grounds (I am still battling cancer) and they are wanting to take 13% off the original purchase price, which would cost me more money than if I could sell it for 1700 psf. My Apartment is on floor 38 just before the change in floor plans so it is one of the highest Apartment of its type and thus should be worth more than those on the lower floors.

Does anybody know the Sq Ft price the developer is asking for the Apartment it did not sell originally.

Lastly I need to give someone POA to sign documents on my behalf, with me now living in Australia and my health issues a trip to Dubai were I could get messed around for days isn't really an option.

Best Regards

Nigel        

On Sunday, February 16, 2014 5:07:35 PM UTC+10, datum1m wrote:

[datum1m]

Hi Gopal, I tried to respond to your PM but my email to you bounced back

Kind Regards

Nigel 

On Sunday, February 16, 2014 5:07:35 PM UTC+10, datum1m wrote:

[fa]

Dear Nigel,
kindly inbox me with you contact details so that we can talk. Get well soon you are a fighter and don't ever forget that.
Regards,
Farah

[mishal ali]

Dear Nigel

Long long time - and yes you are the best fighter the entire group had. You probably don't remember us, we met at just one of the meetings.

Yes there is some movement and it is possible to sell apartments now - Dubizzle has most of the asking rates, though actual selling price is lower (isn't it always !!)

The developer is a full con - we tried to sell through them and their commission was exorbitant too. (D1 actually sold apartments as low as 1480 / foot in end 2012) but somehow D1 actually manage to sell too.

Please send me your email id and I can put you to one or two agents 

Chin up and we all hope you get well soon

Best regards

Mishal n Suhail

---

Date: Wed, 6 Aug 2014 00:03:52 -0700
From: fa2...@gmail.com
To: dubai-proper...@googlegroups.com
Subject: [Dubai Property Investors - 6869] Re: D1 Tower

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[datum1m]

Hi Everyone,

Looking for updates on the D1 Tower

How is the property market in Dubai is there any demand for Apartments in the D1 development, I really need to sell mine very quickly.

Best Regards

Nigel

On Sunday, February 16, 2014 5:07:35 PM UTC+10, datum1m wrote:

[Shah]

Hi 

Prices are going sky high. Don't sell UR unit wait for best price. You will get 4 time more money if u wait.

Good luck

Shah

[datum1m]

Dear Mishal,

Very sorry I have only just read your post, I will try and find your email address and contact you directly.

Best Regards

Nigel

On Thursday, August 7, 2014 1:43:04 AM UTC+10, mishal ali wrote:

Dear Nigel

Long long time - and yes you are the best fighter the entire group had. You probably don't remember us, we met at just one of the meetings.

Yes there is some movement and it is possible to sell apartments now - Dubizzle has most of the asking rates, though actual selling price is lower (isn't it always !!)

The developer is a full con - we tried to sell through them and their commission was exorbitant too. (D1 actually sold apartments as low as 1480 / foot in end 2012) but somehow D1 actually manage to sell too.

Please send me your email id and I can put you to one or two agents 

Chin up and we all hope you get well soon

Best regards

Mishal n Suhail

---

Date: Wed, 6 Aug 2014 00:03:52 -0700
From: fa2...@gmail.com

To: dubai-property-investors@googlegroups.com

Subject: [Dubai Property Investors - 6869] Re: D1 Tower

Dear Nigel,
kindly inbox me with you contact details so that we can talk. Get well soon you are a fighter and don't ever forget that.
Regards,
Farah


On Sunday, February 16, 2014 11:07:35 AM UTC+4, datum1m wrote:

Hi to all members 

It has been a while and a lot of money lost in Dubai, I only have one Apartment left which looks like it might get completed, but unfortunately I was diagnosed with cancer and now need to terminate my assets quickly. Does anyone know if D1 Apartments are selling?

I have been in touch with the developer, who wants to take 13% off the original sales price for the Apartment as some sort of fee even though they are many years late in delivering my Apartment.

Any feedback from members living in Dubai would be good, I put my cancer down to the millions that I lost in Dubai and the stress that it caused my body to go through.

Best Wishes

Nigel

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[datum1m]

On Sunday, February 16, 2014 5:07:35 PM UTC+10, datum1m wrote:

Hi Members 

I am still looking for anyone that can help me with my D1 investment, a few members have said they would kindly offer help but when I reply to their offer they do not make contact with me directly it all seems very strange why they should offer help and then not reply to me when I make contact with them through their email address.

The developer claimed force majeure to get out of paying refunds for not completing our Apartments on time, I never received a letter from them claiming force majeure because I never signed the S&P agreement with it containing draft wording within it, I felt it gave them too much power to change the agreement at a later date. So if any investor as got a copy of the force majeure letter, I would very much like to see a copy of it, because I heard that they were claiming force majeure on the grounds that the utilities (power and water) were not in place to allow them to complete the building and handover the finished Apartments. At the time they had got RERA to agree they were 70% complete making us pay 70% of the Apartment price, then at the beginning of 2014 they made a statement in the press that they were 90% complete and the Apartments would be finished in 2014. 

Now in the last correspondence I had from them which was a couple of weeks ago they told me they were looking to get an engineers report to allow them to start handing over Apartments in December 2014, so if they can handover Apartments they cannot be waiting for utilities and if this is the case they cannot now claim force majeure on that basis, so we should be entitled to a full refund for them not completing our Apartments within the time frame they originally gave us.

Some feedback from D1 investors regarding my comments would be most welcome.

Best Regards

Nigel      

[Djipar M]

Hi Nigel,

Sorry, I was not able to respond your previous mail.

I will try help you, if I can.

First of all, I have big experience for last 5 years in real estate disputes in Dubai. Let me share with you:

• No one developer refunds money by good will. You have to go to Court.
  
• Dubai Court does not accept Force-major reason - don't worry about that. 
  
• But: Dubai Court rejected refund money from developer for completion delay reason for almost completed property. Only compensation for delay (if you fulfilled your obligations - paid installments in proper time, they giving 3-9% from paid amount per annum.) 
  

Dubai Supreme Court issued decision like that.

So all previous First instance Court refund judgments were canceled later on Appeal or Supreme. We all lost our refund cases.

I won only one refund case because developer stopped to build.

My advice anyhow to complete payments and sell your flat.

The viable options:

to complete payments, then demand delay compensation from developer (court procedures appr. 1-2 year) and sell. You cannot sell until you finish in court- but you can give to rent.

Or- to complete payments, then sell by market price.

Dear Nigel, believe me, it is easiest and best way.

I spent so much funds, my times for lawyers and court fees for nothing.

Tell me what you decide and how I can help you.

Regards,

Djipar

050-3587095

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[datum1m]

Hi Djipar,

Thank you very much for all the information, I will now try and reply directly to your gmail.com email address so please lookout for my email and check your spam because mine is an aol.com email address which can sometimes go into spam

Best Regards

Nigel

On Monday, November 17, 2014 8:26:14 AM UTC+10, inve...@gmail.com wrote:

Hi Nigel,

Sorry, I was not able to respond your previous mail.

I will try help you, if I can.

First of all, I have big experience for last 5 years in real estate disputes in Dubai. Let me share with you:

• No one developer refunds money by good will. You have to go to Court.
  
• Dubai Court does not accept Force-major reason - don't worry about that. 
  
• But: Dubai Court rejected refund money from developer for completion delay reason for almost completed property. Only compensation for delay (if you fulfilled your obligations - paid installments in proper time, they giving 3-9% from paid amount per annum.) 
  

Dubai Supreme Court issued decision like that.

So all previous First instance Court refund judgments were canceled later on Appeal or Supreme. We all lost our refund cases.

I won only one refund case because developer stopped to build.

My advice anyhow to complete payments and sell your flat.

The viable options:

to complete payments, then demand delay compensation from developer (court procedures appr. 1-2 year) and sell. You cannot sell until you finish in court- but you can give to rent.

Or- to complete payments, then sell by market price.

Dear Nigel, believe me, it is easiest and best way.

I spent so much funds, my times for lawyers and court fees for nothing.

Tell me what you decide and how I can help you.

Regards,

Djipar

050-3587095

On 16 November 2014 12:03, 'datum1m' via Dubai Property Investors <dubai-property-investors@googlegroups.com> wrote:

On Sunday, February 16, 2014 5:07:35 PM UTC+10, datum1m wrote:

Hi to all members 

It has been a while and a lot of money lost in Dubai, I only have one Apartment left which looks like it might get completed, but unfortunately I was diagnosed with cancer and now need to terminate my assets quickly. Does anyone know if D1 Apartments are selling?

I have been in touch with the developer, who wants to take 13% off the original sales price for the Apartment as some sort of fee even though they are many years late in delivering my Apartment.

Any feedback from members living in Dubai would be good, I put my cancer down to the millions that I lost in Dubai and the stress that it caused my body to go through.

Best Wishes

Nigel

Hi Members 

I am still looking for anyone that can help me with my D1 investment, a few members have said they would kindly offer help but when I reply to their offer they do not make contact with me directly it all seems very strange why they should offer help and then not reply to me when I make contact with them through their email address.

The developer claimed force majeure to get out of paying refunds for not completing our Apartments on time, I never received a letter from them claiming force majeure because I never signed the S&P agreement with it containing draft wording within it, I felt it gave them too much power to change the agreement at a later date. So if any investor as got a copy of the force majeure letter, I would very much like to see a copy of it, because I heard that they were claiming force majeure on the grounds that the utilities (power and water) were not in place to allow them to complete the building and handover the finished Apartments. At the time they had got RERA to agree they were 70% complete making us pay 70% of the Apartment price, then at the beginning of 2014 they made a statement in the press that they were 90% complete and the Apartments would be finished in 2014. 

Now in the last correspondence I had from them which was a couple of weeks ago they told me they were looking to get an engineers report to allow them to start handing over Apartments in December 2014, so if they can handover Apartments they cannot be waiting for utilities and if this is the case they cannot now claim force majeure on that basis, so we should be entitled to a full refund for them not completing our Apartments within the time frame they originally gave us.

Some feedback from D1 investors regarding my comments would be most welcome.

Best Regards

Nigel      

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[Asif Kamil]

Wish you good luck Nigel. 

Sent from my iPhone

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