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Looking for a 2 BR flat in the greens / dubai marina / Burj residance to move in starting June 07.

Emaar is in the process of offloading its apartments in the Greens . You should check the papers or contact them for details

Thanks Kieth

I'm one of the unfortunate tenants who will be kicked out if they didn't buy their apartments. i have to find the downpayment + processing charges + application fees + maintainance cost in less than a week....

Thanks anyway for trying to help..

I was looking for 2 BR to buy but take my time to decide.

Good luck Ysh, out of curiousity are they giving you any kind of incentive? i.e. are the prices that Emaar offering better then what is currently on the market? I doubt it but was curious, if they are than it gives a sign that they're trying to offload fast and I've been hearing rumours that they're having money problems.

Good luck, hope it all works out for you.

Fayz, I think that they are discounting the flats as an incentive to the current tenants before they sell them at market rates to external buyers.

I thinks its a 3% discount or somthing like that.

Thanks fayz.

Well, what they are offering is around 853,000 AED after the discount for one bedroom with a view of the neighbours balcony.

The only benefit is they are offering financing through AMLAK which is the regular rate @ 8.25% and financing 97% of the property.
They did NOT waive the application nor the processing fees.

So basically, .... from my point of view, no incentives.

I actually went to RAK bank and i got a better offer in totality.

I really don't know, i'm calling the rent committee tomorrow to know how to deal with the new landlord... Will he be able to increase the price above the 7% or not.
If he can kick me out without the 3 month notice, as he will buy it then i will have another 2 or 1 month for my contract....

If anyone knows, don't hesitate to give me the info please.

Ysh, 853,000 for a 1 bedroom

wow !.. whats does the monthly instalment work out to with 97% finance from Amlak and Rak bank ??

around 7400 ... without the hidden charges.

Rak gives you better options to pay earlier if you want, while amlak is quite stiff and will charge you arm and leg to pay earlier

pls visit www.magpg.com
or call 050-8105664

yshimy wrote:Looking for a 2 BR flat in the greens / dubai marina / Burj residance to move in starting June 07.

contact me and I'll help you find what you need.