Thread: Jouri
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bqsa782002 Offline
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Posts: 11
Join Date: Jun 2008
Default Jouri - 27-06-2008, 09:00 PM

Has anybody invested in any of the Jouri. There are 6 Jouri, each located at different places in JVC.

The developer is New World Investment, an offshore company in JAFZA,

The prperty is being managed by Al Masah International Real Estate with office in Marina and the construction management company is World Wide PM - based out of Jabel Ali

All the buildings have escrow account and the project, developer and real estate are registered with RERA and Land dept.

The completion date for the project is 2nd quarter of 2010 however, the construction is not yet started since Nakheel has not handed over the plot to the developer to start the work

With the above information verified how safe do you think is this project?
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