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Dubai Sports City Featuring sporting stadiums and academies, golf courses, sports mall, villas, residential complexes and high rise buildings, Dubai Sports City is the ultimate destination for all sports enthusiasts. The Dubai authorities are determined to make Dubai the headline sports destination of the world. Dubai Sports City offers varied investment opportunities and investors have poured millions into the area. Have you invested there? Are you considering an investment? Have you heard anything through the grapevine? Open up your thoughts here.

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gavin01 Offline
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Default Invested in Champion Tower - 20-02-2007, 10:52 AM

I bought at champions tower from memo real estate. Anyone know much about them? Already paid 30% but haven't got my contract just yet. Doesn't sound normal does it . . .
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cade99v7 Offline
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Default Re: Invested in Champion Tower - 20-02-2007, 12:24 PM

Dubai is slow, but several companies do issue contracts quickly. I got caught out in Dubai, assuming that things were slow, whereas they were badly wrong. I'm not suggesting that is the case with Champions Tower, but chase for the contract on a regular basis.
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dubaicloud Offline
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Default Re: Invested in Champion Tower - 21-02-2007, 08:55 AM

I can only say with the DIAMOND, the developers at FIRST HOME WORLD WIDE are based in Guilford UK and are super efficient with contracts, I had a preliminary one and the full one was sent to me to sign off before sending the money. Any queries are speedily answered and I am in regular contact with them.
Incidentally I bought DIRECT from developers and generally I am finding that is best where possible.
Any questions I am happy to answer
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micchan Offline
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Default Re: Invested in Champion Tower - 21-02-2007, 12:10 PM

I've just stumbled across this forum. Yes, I too have purchased in Eden Gardens (toward the end of 2005). I found Better Homes very elusive at the start of 2006 and became very concerned, but it became obvious why when the news came through about Lokhandwala taking over the development. Since then, I have found the builders to be very responsive.
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Latifk Offline
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Default Re: Invested in Champion Tower - 30-01-2008, 01:14 PM

I reside in Australia and would very much appreciate any information on a developer called SALYA HOMES. I am interested in buying a condo in Dubai Sports City, a studio.

I know they are incorporated in the UK but would appreciate more info on their credentials as I have read horrendous stories about projects going bust and even saw an article on a project that was supposed to be a condo but the developers changed it to residential!! An investors worse nightmare!!!

Has anytone bought GIOVANNI BOUTIQUE SUITES? SALYA HOMES is the developer of this and it sounds excellent in the glossy internet adverts but I need much more reasurrance since I am, just like the most of us here, buying property at the click of a mouse, thousands of miles away.

What is the protection (apart from paying into an Escrow account) to the investors against rising costs? Will the developers legally have the right to demand more and more till project completion, despite contracting in black and white to an agreed figure initially?

Please assist guys to which I shall be very thankful.
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Shah Offline
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Default Re: Invested in Champion Tower - 18-10-2008, 12:30 PM

Dubai Sports City: In my views Dubai Sports City is only sports city in the world where you will fine all the sports related activities. Champions Tower is one of the very popular series of one very famous and wellknown developer Memon Investments. I have invested in champions tower 1 at almost 650/sqft, one bedroom apartment. Now the price is 1950/sqft. Just for test i place an add in the news papaer and I am getting reply. But i am not selling now because i know the prices will go more up after December 2008.
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InterViagra Offline
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Default Re: Invested in Champion Tower - 18-11-2008, 08:15 PM

I'm buying a large Studio in CT 2. Progress has been very slow and,having already paid 70%,will not be paying anymore until I have had the contract reviewed by an independant Solicitor.
I have been quoted £1000 by the International Property Law Centre whom I'm already using to sort out problems with a purchase in Italy.
Has anyone already gone down this route?
Alternatively would any other purchasers care to share the cost with me or is everyone happy with Memon?

Cheers,

IV
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