I just want to announce the birth of www.Luxuryapartmentin.com to Nigerians willing to invest in the booming Luxury apartment industry in Dubai and make great returns from same. Everyone can benefit from it how ask us.

KINDLY PLS GIVE MORE INFO ABOUT WHAT YOU HAVE ON OFFER I.E PRICE , LOCATION & YOUR CONTACT AND OFFICE DETAILS . THANK YOU!

Hello

I work for the largest private developer in the middle east that has offices in all the countries of middle east including Dubia.

There are two and three bed Luxury flats furnished to taste and some of the building are located in strategic Business centers in the Dubia if you want to buy or have a client you want to introduce I will be willing to work with you my number is 08027168883 and my email is martin@luxuryapartmentin.com. I maintain contact presence in 20 Oremeji street Ikeja.

I may not be able to furnish you with all the price but the company will, from information I have so far the crescent is moving in units for USD 59000.00 part payment and the rest in easy payment plan.

I do not sell all I do is to identify a potential buyer and if I do I have done my Job, do you want to buy or bring in buyers let me know.I attach the executive height for your perusal.

Regards

Martin

rockhaven:

you beter beware of these dubai based developers.make sure thay pay your commission before the money laves nigeria and make sure you obtain an indemnity contract because naijas no go take am easy if they pay money through you and no show and make sure the applicable law to your agency contract is not dubai law.if you have any prob with them they will invite you to dubai and arrange police for you.i can even guess the property developer you re representing without you naming them.just be careful.found out how many exhibitions they advertised to hold in nigeria and cancelled without previous notices after having invited investors.you beta sell luxury appartments in banana island.

you are right. I was in dubai last month and two ladies met me at the airport. They said that they are marketers for a Dubai-based developer, that they are selling vacation ownership on time-share basis.
They invited me to their office for a detailed information.
I went there and they requested that I invest and buy into their building project plan.
They showed me the Palm Jumeriah (which has been sold out) and a new one yet to be built close to the world tallest building in Dubai.
In the vacation ownership scheme, you are told to buy weekly or monthly ownership of a flat in the building and later use it, rent it or sell it as you wish whenever the project is completed.

I turned down the offer because I do not trust them. And moreover there is no guarantee that they will find someone to buy or rent the apartment when it appreciates in value. And me I am not interested in going on vacation in Dubai.

Dubai contractors face cash flow crisis
By Robin Wigglesworth in Abu Dhabi and David Fickling in London
Published: March 2 2009 19:40 | Last updated: March 2 2009 19:40
In the latest sign of the slowdown enveloping the Gulf, contractors working in Dubai are facing severe cash flow problems as state-linked developers, hampered by blocked credit markets, fleeing investors and a tumbling local property market, fail to meet their financial commitments.
Building debt: labourers work on site in Dubai. The shine has gone off the Emirate, once seen as an El Dorado for contractors
Some contractors and consultants have not been paid for up to six months, and large Dubai-affiliated developers owe billions of dollars, according to contractors, lawyers and executives.
They say large government-controlled developers in the emirate, such as Nakheel and Emaar, are among those failing to pay.
Not so long ago Dubai was an Eldorado for construction and property companies. Attracted by some of the world’s most ostentatious and expensive projects, contractors from round the world flooded in to help the ambitious emirate turn itself into a modern metropolis.
Now, according to economists at National Commercial Bank, Saudi Arabia’s largest lender, $250bn (€199bn, £178bn) of projects have been cancelled or delayed in the seven-state United Arab Emirates – the majority in Dubai.
“The economy just stopped in the middle of November,” said Chris Cole, chief executive of WSP, a British design consultant active in the country.
Spending on two of WSP’s contracts, the Dubai World Trade Centre and Meraas Developments, has been reined in since last November and the company is estimated to have set aside more than £4m to cover bad debts in the emirate.
Justin Atkinson, chief executive of Keller, a UK-based foundations specialist, said the company was still waiting to be paid for sums outstanding on the Palm Deira, an artificial island development that was scaled back late last year.
“The official line from developers is that we will be paid, but probably not this year,” said the regional head of a large European property consulting firm. “That is hard to explain to headquarters. We have our own bills to pay.”
Neither of Dubai’s largest developers would confirm any delays in payment, saying that they would continue to honour contracts. “Payments for contractors and consultants are based on a credit cycle and set deliverables agreed with them,” said an Emaar spokesman. “All payments that meet the criteria have been honoured and will continue to be cleared, in line with our contractual agreements.”
A Nakheel spokesman said that all contracts would be honoured but the company was seeking to renegotiate some in light of falling material and construction costs.
Payments have become harder to predict because they frequently depend on advance off-plan sales which have dried up, say some developers. “These days cash inflows are a matter of guesswork,” said Abid Junaid, a director of ETA Star Properties in Dubai.
Lawyers said the room to renegotiate signed contracts was limited. “The courts and arbitration centres are getting bogged down with cases,” said Graham Lovett, managing partner at law firm Clifford Chance. “The volume is such that the entire system is in danger of being clogged up with these disputes.”
Saud Masud, a UBS analyst, estimates that defaults by housebuyers and residential property investors in Dubai alone could cost developers as much as $25bn over the next two years.
The federal UAE government has said it will lend $10bn to Dubai to help its state-linked companies refinance debts. However, with Dubai groaning under $80bn of debt – about $15bn of which is due this year – most of the $10bn is likely to be used to meet quasi-sovereign bond commitments, not contracting bills.
Despite the cost and time involved, some contractors are readying lawsuits. “Politically and commercially it might make sense to just keep working, but after a while it starts hurting too much, and the gloves come off,” said Paul Davies, head of Denton Wilde Sapte’s regional property practice.
“There certainly seems to be a willingness to sue the Dubai government-related companies that wasn’t there before,” said a partner of an international law firm in the UAE. “The argument ‘You will never work in this town again’ isn’t as persuasive when you’re facing bankruptcy.”