Kippreport gets the scoop from Neelesh Bhatnagar, CEO of Emax, and Nadeem Khanzadah, head of omnichannel retail at Jumbo GroupSeptember 2, 2015 5:24
Maintenance fees hurt
Residents at Discovery Gardens fight back.
August 24, 2009 1:38 by kippreport
Kipp was a little taken aback when we learned that the maintenance fees at Nakheel’s Discovery Gardens (nicknamed ‘Crazy Town’ by some Dubai residents) are as high as AED21.85 per square foot.
According to a report in Arabian Business, the breakdown of the maintenance fees is: “AED10.35 per square foot in building maintenance, AED2.8 per square foot in community charges, and AED8.7 per square foot in cooling charges.”
Kipp was shocked. Not only are the buildings rumored to be of low-quality, but tenants have to pay exorbitant maintenance fees to live there. That’s awful.
Apparently, 90 tenants and homeowners agree. They signed a petition that they plan on presenting to the Ruler’s Court and Dubai’s Real Estate Regulatory Authority (RERA).
Good luck. We hear the courts are overloaded with cases, and RERA is doing…something.