UAE Property Investment Forum

Jumeirah Village Jumeirah Village is a freehold residential development that will contain over 6,000 villas and townhouses, set amidst luscious landscaping and unsurpassed leisure and lifestyle amenities. Another masterplan by Nakheel, all villas were sold out on the day of the launch. So, what investment returns have investors seen on this project? Has there really been a resale market for Jumeirah Village, and if so, have people made money? What problems have there been with the development? Discuss the issues here.

Closed Thread
 
LinkBack (12) Thread Tools Display Modes
3 links from elsewhere to this Post. Click to view. (#1 (permalink))
Old
ismael Offline
Junior Member
 
Posts: 29
Join Date: Feb 2007
Default Investing in Knightsbridge Court - 30-03-2007, 08:37 AM

Hello all
I'm in the UK and looking at buying in this development off plan. I’m interested to invest in Knightsbridge Court in South Jumeirah Village. Project has been launched recently in January, 2007. As ever it's a bit nerve racking when you are about to cough up large %'s.
Does anyone have any opinion about the development or ACW Holdings who are the developers? Also, is it a good area to be in to be able to walk to things such as coffee bars and restaurants?

Sponsors

(#2 (permalink))
Old
damien9k28 Offline
Junior Member
 
Posts: 17
Join Date: Feb 2007
Default Re: Investing in Knightsbridge Court - 30-03-2007, 09:16 AM

We bought not on the same development, but similar. Glamorous Dubai advertising on the UK tv channels finally got us to take the plunge!!

We're hoping that it's going to be as good as the glossy brochures and the ads!! But we have paid the 15% deposit, and are still awaiting the receipt! the next payment of 10% is also due soon. I guess that's how Dubai works.

We've emailed the developers a number of times asking for receipt, but it's only gone back and forth with no conclusion. Lets see how my last email goes......
(#3 (permalink))
Old
974agk Offline
Junior Member
 
Posts: 5
Join Date: May 2007
Default Re: Investing in Knightsbridge Court - 01-05-2007, 07:37 PM

Good Evening to you all Hope you are all well ?

Just joined this forum [newbie], hoping to find some queries answered as well as recieving good information from fellow forum members .

I have just put a deposit down on the Knightsbridge Court appartment and we are awaiting the first stage of the documents to arrive .Can anybody tell me if these should be checked over with a UK Solicitor ? [Will probably do this anyway] Rhumour has it that the company are legite enough and have agood reputation.

Has anybody had any advice on setting up an account to make the staged payments & is the contract exchange easy enough.

We have so many questions regarding the legal side of the transaction , but presume all will be okay.

The development in Knightsbridge look good on the website & Brochure although I cant find any info on the acwholding company & or Sky Investments

Krgds
Eck
(#4 (permalink))
Old
shama Offline
Junior Member
 
Posts: 2
Join Date: May 2007
Default Re: Investing in Knightsbridge Court - 12-05-2007, 04:38 PM

Hey I'm Looking To Invest There To Actually Paid The First 10% Was Wondering If U Found Out Anything Yet Or Not Its Pretty Scary Buying A Property Abroad
(#5 (permalink))
Old
azra Offline
Junior Member
 
Posts: 1
Join Date: May 2007
Default Re: Investing in Knightsbridge Court - 16-05-2007, 10:43 AM

hi i have invested at this developement and in the pass have invested in marina crown in dubai marina and also the diamond

i have been investing in dubai since 2002

the only problem i had and it is a major one is that you have a lot of liquid cash stuck in these investment and it is hard to sell these property

cause there are so many

but when you are able to there is money to be made

i.e i just sold my property marina crown which i bought for £180,000 in 2002 sold for just less then £380,000

i have been trying to sale this since jan 2006
(#6 (permalink))
Old
jennyzhang Offline
Junior Member
 
Posts: 4
Join Date: Oct 2007
Send a message via MSN to jennyzhang Send a message via Skype™ to jennyzhang
Default Re: Investing in Knightsbridge Court - 29-10-2007, 09:36 AM

hi, i went to the exhibition in manchester yesterday... really interested in hanover square... how about ACW holdings? has it got a good reputation or not? do u guys think it can be completed on time and really does make profit when the complex start running?
(#7 (permalink))
Old
investor to be Offline
Junior Member
 
Posts: 1
Join Date: Nov 2007
Default Re: Investing in Knightsbridge Court, hanover square - 12-11-2007, 01:32 PM

Hi all,
i am currently due to make the first 10% of payments, but have not had some key questions answered...can anybody answer them?

1)Who are ACW holding?

2)Who is the owner?....we were told that it was some local sheikh...giving us the impression that is a Dubai owned company....but looking at their registered office this is in the British Virgin Islands...hence there is some contradiction....and law differences

3)I and several other investors have asked about the owner, and nobody has answered...except to tell us the general manager is Ian Pask...WHY?

4)If this company was to pack in, what proof do we have that we are
investors, except a initial deposit registration form. Who do we show this to, not exactly a british company, or by the looks of it a Dubai company.

5)and has anybody purchased a property from ACW HOLDINGS, and has their final contract to the point of completion.

am awaiting any replies
(#8 (permalink))
Old
ACW Holdings Offline
Junior Member
 
Posts: 6
Join Date: Nov 2007
Default Re: Investing in Knightsbridge Court - 14-11-2007, 07:46 AM

This is a message from ACW Holdings Ltd , the developer of Hanover Square, Knightsbridge Court and Kensington Manor, to all on this forum.

We invite anybody who wishes to receive correct and accurate information on us and our developments to contact us directly on info@acwholdings.com

It is a shame that people like JOHN above (I am sure not his real name) post comments such as this.

We make it clear here that both Skycom Investments and Rank properties are sister companies of ours. We also point out that this is stated very clearly on our website.

We are not collecting money from people by telling any lies. (this is stated by John who clearly has no idea about our business).

We follow all UAE laws as you would expect us to as we are developing in the UAE.

We are a professional business, run by professional Management with experience in the sales, marketing and development of property and employ excellent staff with good customer services standards far above those normally associated with developers in Dubai.

Please do contact us direct on info@acwholdings.com and ignore any silly and unhelpful comments posted here.

THE ACW TEAM
(#9 (permalink))
Old
mainhead Offline
Junior Member
 
Posts: 5
Join Date: Nov 2007
Default Re: Investing in Knightsbridge Court - 29-11-2007, 04:26 PM

Hi ACW Holdings

I know that you have asked for all queries to be emailed to you directly, but in this forum as we have many investors, it would help if you could answer some general questions which every one can read here.

The question I have is that you state that you follow all UAE laws as expected of from a developer.

In my mind this means being RERA registered and having escrow account in place. Please can you tell us if you have these.

Many thanks

Rgds
--mainhead
(#10 (permalink))
Old
ACW Holdings Offline
Junior Member
 
Posts: 6
Join Date: Nov 2007
Default Re: Investing in Knightsbridge Court - 03-12-2007, 12:18 PM

Further to the last question on this forum.

ACW Holdings is currently in the process of registering with the RERA and will have completed this process by the end of the month of December 2007 as required. Escrow accounts will follow as per Dubai Law.

As mentioned before any questions are welcome at: info@acwholdings.com

THE ACW TEAM
Closed Thread

Bookmarks

Sponsors

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

LinkBacks (?)
LinkBack to this Thread: http://www.uaepropertyforum.com/dubai-property/jumeirah-village/212-investing-knightsbridge-court.html
Posted By For Type Date
#APPROVED: KNIGHTSBRIDGE COURT, 5F Res (JV South) - Page 3 - SkyscraperCity This thread Refback 19-05-2008 10:58 AM
#APPROVED: KNIGHTSBRIDGE COURT, 5F Res (JV South) - Page 3 - SkyscraperCity This thread Refback 10-05-2008 08:02 PM
#APPROVED: KNIGHTSBRIDGE COURT, 5F Res (JV South) - Page 3 - SkyscraperCity This thread Refback 07-05-2008 08:03 AM
SKYCOM-Hanover Square,Kensington Manor,Knightsbridge Court,Platinum One,The Light. - SkyscraperCity This thread Refback 24-04-2008 09:48 PM
SKYCOM-Hanover Square,Kensington Manor,Knightsbridge Court,Platinum One,The Light. - SkyscraperCity This thread Refback 23-04-2008 07:11 PM
#APPROVED: KNIGHTSBRIDGE COURT, 5F Res (JV South) - Page 3 - SkyscraperCity This thread Refback 22-04-2008 01:10 AM
#APPROVED: KNIGHTSBRIDGE COURT, 5F Res (JV South) - Page 3 - SkyscraperCity This thread Refback 21-04-2008 10:10 PM
#APPROVED: KNIGHTSBRIDGE COURT, 5F Res (JV South) - Page 3 - SkyscraperCity This thread Refback 21-04-2008 07:42 PM
Skycom investment and ACW Holdings - MoneySavingExpert.com Forums This thread Refback 12-01-2008 02:31 PM
Skycom investment and ACW Holdings - MoneySavingExpert.com Forums This thread Refback 09-01-2008 10:38 PM
www.DubaiPropertyForum.com :: View topic - ACW holdings-developer for Hanover square, Knightsbridge crt This thread Refback 29-12-2007 11:52 PM
Version traduite de la page http://www.uaepropertyforum.com/dubai-property/jumeirah-village/212-investing-knightsbridge-court.html This thread Refback 26-05-2007 12:23 PM

Similar Threads
Thread Thread Starter Forum Replies Last Post
Dubai firm investing further $1 billion in V&A bryant Dubai Waterfront 2 27-02-2007 07:21 AM



Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.1.0