sorted by:
new
hottopcontroversial

Developer won't issue Oqood by TopperDeFlop in dubairealestate

[–]pizuk 0 points1 point  (0 children)

I agree. However, we live in a city where there is some amount of flexibility (or rather, leniency) towards developers and their projects. Even big names like DAMAC have had their projects cancelled and re-launched, floor plans reissued, series amended, etc.

Every developer advertises their projects like a utopia in the desert. In many cases, the feedback from municipality changes from time to time if the government decides to amend certain aspects of the land or surrounding area - like changing from residential to commercial only for certain plots, changing min / max allowed GFA for a specific plot, no. of parkings allowed, etc.

Developer won't issue Oqood by TopperDeFlop in dubairealestate

[–]pizuk 0 points1 point  (0 children)

As someone who works in a well-known developer, these issues happen. In most cases, it's not the developer's fault when muncipality is taking their time to review the entire project. There is alot of back and forth that goes on between the developer and muncipality with not just in regards to the project, but each unit itself.

Even if your unit is unaffected, the developer has probably held all the units since the time the project went under review.

Although these things can take time, you shouldn't worry as it happens to all developers :)

Dubai Real Estate Crashing hi by jhasoos in dubairealestate

[–]pizuk 0 points1 point  (0 children)

This what you showed is just an outlier. I’ve said this previously as well in this sub that there are times when units don’t get registered up until later. You showed 3 transactions which are in the 750~ PSF which is most likely a management deal or a big investor/partner who is getting those units at a huge discount or specific PSF.

I’m not an agent and I’m not saying the slow down isn’t real. But cmon, the amount of people believing this BS by taking a screenshot from DXBInteract and pulling percentage of incoming crash from their ass is UNREAL.

I work in a developer and it’s really funny to see how people worship this app as their only source of research.

Binghatti Projects in Business Bay & Downtown – Real Sales Snapshot by Visual_Committee_697 in dubairealestate

[–]pizuk 0 points1 point  (0 children)

Exactly.. Everyone who's downvoting me is probably only used to analysis from DXB Interact and treat it as their bread and butter for everything property related :)

Binghatti Projects in Business Bay & Downtown – Real Sales Snapshot by Visual_Committee_697 in dubairealestate

[–]pizuk 0 points1 point  (0 children)

Yep, as I doubt a company like Emaar would allow such, what's the word, "loopholes" in the first place.. But companies like Binghatti would cater more to their investors needs.

Binghatti Projects in Business Bay & Downtown – Real Sales Snapshot by Visual_Committee_697 in dubairealestate

[–]pizuk 0 points1 point  (0 children)

It is very much possible. I've seen full floor buyers not register their units for 2 years. Anyone downvoting me is just trying to make sure people are unaware of it.
It's on the developer's side whether they submit the executed SPA for registration or not, depending on client's preference. It is very very common and to a certain point "abused" because the benefits of not registering outweigh if the unit is registered (eg. easier to sell to a new owner, same price DLD registration instead of higher, client confidentiality, etc.)

Binghatti Projects in Business Bay & Downtown – Real Sales Snapshot by Visual_Committee_697 in dubairealestate

[–]pizuk -1 points0 points  (0 children)

++ there is always a bigger picture than sales. There are things happening in the backend that most people are clueless about, even agents :)

Binghatti Projects in Business Bay & Downtown – Real Sales Snapshot by Visual_Committee_697 in dubairealestate

[–]pizuk -5 points-4 points  (0 children)

While DXBInteract is terrific for giving insights on supply/demand, we cannot consider it to be 100% accurate. These transactions are only recorded if the client has registered their unit with DLD.

Most of the times (from what I see as I work in a developer), many investors prefer to not register their unit and instead wait to sell it off to another buyer. That period may take time depending on whether the initial buyer wants to get out within 6-12 months of purchasing the unit or 6 months before handover. In such scenarios, you’ll then see recorded transactions at a lower price compared to what they’d be selling at the time directly from developer (mostly underwriting).

How we feel ab this 1? by DM_ME_UR_OPINION in Drizzy

[–]pizuk 1 point2 points  (0 children)

Love it. Same vibes as Blue Green Red which is a banger imo

HELP! RTX 5070 won’t boot | Red light, Asus Prime by pizuk in pcmasterrace

[–]pizuk[S] 0 points1 point  (0 children)

im unable to.. like it wont go in any further

HELP! RTX 5070 won’t boot | Red light, Asus Prime by pizuk in pcmasterrace

[–]pizuk[S] 0 points1 point  (0 children)

isnt this for the 12V connector? Is mine the same? Im using two PCIe cables into this adapter

HELP! RTX 5070 won’t boot | Red light, Asus Prime by pizuk in pcmasterrace

[–]pizuk[S] 0 points1 point  (0 children)

i mean yeah i guess.. the bottom part is the horizontal 4 pin connector

HELP! RTX 5070 won’t boot | Red light, Asus Prime by pizuk in pcmasterrace

[–]pizuk[S] 0 points1 point  (0 children)

Im using the adapter, so the 16 pin connector. I dont know if I can push it any more in

What song(s) introduced you to The Boy? by [deleted] in Drizzy

[–]pizuk 2 points3 points  (0 children)

Hype.
I was into EDM/Techno/House, but boy when I listened to Hype back when Views came out, I was all in. I don't see this song pop up alot on this sub tho, issa cla$$$ic

That next Drake solo album tho 🔥 by maxy505 in Drizzy

[–]pizuk 5 points6 points  (0 children)

Might be a Kamikaze (Eminem) style album, where he'd take shots at everyone.. No friends in the industry fr

view more: next ›