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EK F/O Apartments

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Old 26th Feb 2011, 18:16
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EK F/O Apartments

Hi All,

Considering joining EK and am trying to decide which option to take re accommodation. Wondering if current F/O's can tell me where guys are being placed at the minute and also what buildings might have space that EK use as I would like to have a look at the surrounding area, etc. before deciding to apply or not.

Many thanks!


Last edited by PRT2010; 2nd May 2011 at 20:03.
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Old 26th Feb 2011, 18:20
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PRT2010,

AFAIK, you can still opt out after joining. IMHO, take the company accom and have a look around when you have settled in.

enjoy

H-D
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Old 26th Feb 2011, 19:02
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welcome..

My dear don't worry... there will be a red carpet at your arrival and you will be a guest of he Sheik in is Palace until you find something that satisfies you.
Free champagne and caviar will be at your disposal during the time it will take to make up your mind on which of the many fabulous location is most suitable for you and once you are done to choose the model of the Iacuzzi and tiles color in the bathroom. For the furniture you will be given the choice between Louis XIV or Baroque.
The nearest mosque will be at least at 5km distance as per the contract...
They treat their slaves nicely..here! By the way your chains will be gold plated... well it is fake gold... but who cares...you can still tell your friend it is real!! Enjoy!!Still take into account you might end up in some ****** up place in temporary accommodation for a few months.... but then ..golden chains!!!
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Old 27th Feb 2011, 08:23
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Options for EK crew

PRT I have sent you a PM. Don't want EGGW to swat me with the wooden spoon for advertising too much on here. Anyway, contact this girl, she is an expat married to a pilot too and she's an agent for alot of EK pilots who own, buy and rent out properties. She comes highly recommended.

SPW
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Old 27th Feb 2011, 11:40
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It amazes me to see still now people trying to sell Dubai as a possible real estate paradise. Prices fell 80% in 2 years. And they are still a lot over priced compared to civilization. If you opt out of company accommodation you will never be able to return. So just imagine what can happen if you landlord after two years raise tour rent by 30 or 40%. and he will do it.
Buying in Dubai? No way... The future of the place is uncertain, Iran is too close, Middle East is afcing challenges and changes. 110000 dhs a year is about 2000 euro per month. You can rent good quality in major European cities centers for that money. Real estate wise Dubai is a dead place. So if you made the mistake of leaving your job back home to join this pantomime still you can avoid others, Stay in company accommodation and don't accept anything before a test day and night in it.
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Old 27th Feb 2011, 12:11
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110000 dhs a year is about 2000 euro per month. You can rent good quality in major European cities centers for that money
Sheiky, you are correct, but the point is, European carriers don't give you a 2700 euro per month allowance to cover the cost of rental, so what's your point??
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Old 27th Feb 2011, 12:26
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Watch for Scams!

Sorry, just had to add something... be careful about using an agent such as the one mentioned above... She knows what your allowance is already and is pitching her husbands or his colleagues empty villas or apartments! You will not be shown any reasonable places at decent rates! Most other Landlords are desperate and WILL negotiate a reduction in rent...your agent is collecting a MINIMUM of 10% of your rent for just showing up! Make them actually work for the cash! It burns my butt to hand over that kind of cash for such a small amount of work...
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Old 27th Feb 2011, 12:51
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Originally Posted by sheikmyarse
. If you opt out of company accommodation you will never be able to return. So just imagine what can happen if you landlord after two years raise tour rent by 30 or 40%. and he will do it.
sheiky - rest assured no landlord is going to raise any rents for the forseable
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Old 27th Feb 2011, 12:57
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my point is..

My point is that with half of that money you easily pay a mortgage to buy a real house that at the worst it will maintain is value for ever but probably increase it in the medium long term.
Being in Europe and working for a comparable non low cost size airlines as a captain or FO you would easily make more money than any corresponding Emirates pilot allowance included. Just spoke with a 55 years old friend just retiring with 7000 euro pension..for life. Not to mention some other priceless facts as being free to voice your idea and opinions, having the protection of a real legal system, having the right to vote,having mostly free or quasi-free schools, free and competent medical care and feeling part of a real society not in a third world poor quality Disneyland built on oppression.
Someone says that EK package is good but that just makes me laugh!
The allowance is just a bait and most of the people I know that had chosen that option either lost hundreds of thousands in ****** up real estate deals or ended up in some other form of difficulties sooner or later. So de facto there is no allowance and free housing is the minimum they can give to attract people and cost them basically nothing since EK is essentially paying the rent to it self.
Keep recovering
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Old 27th Feb 2011, 16:06
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Mate, I think you need to do more research. With allowance, an EK F/O will TAKE HOME around 36,000 DHS per month which is $10k. A skipper will take over $14k.

Please could you provide details of the Euro airlines whose TAKE HOME pay exceeds this amount in order that we can all apply..........
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Old 27th Feb 2011, 18:19
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Know your facts Left

Left...

Oh darn, you caught us! Yes, we hired a spy to learn the housing allowances of ALL the pilots in the ME and now we're out to get you! The little green men you see running around you are purely innocent too I swear! About that bridge over the desert that you bought, well...

1. Give people more credit than this. Not everyone in real estate including DXB are scammers out for EK's 12k a month allowance. Especially " the agent above" as you mentioned.

2. If I am pitching properties that are empty and owned by EK guys.. WELL call the property police! I'll be damned if anyone should rent a property that is empty! I mean... hell, save your allowance money. Because the only "reasonable " villa or apartment is one that is already occupied right?

3. Not all landlords are desperate and actually some don't have to negotiate. How many EK pilots do you know that have so much time on their hands to do so? They trust their property with a qualified and licensed agent who happens to provide tenants who will take care of the properties AND that same agent does the negotiating for them. Especially when they are flying 95 hours a month and barely have time for family and sleep. Let alone time to deal with showing property, drawing up contracts, collecting deposits, etc etc etc.

4. The agent does NOT collect " your rent". A 5% commission is paid by the tenant and a 5% security deposit is again, paid by the tenant which goes to the land lord. That is standard and not charged by scamming agents only. The deposit is a given, the commission ? well do you work for free? if you fly for free then we will know how you got your type rating!

5. Rent is controlled by RERA and there are laws that prevent any owner from raising the rent the first 2 years and thereafter, it is only raised if the market allows. You do have the option to move out. There are 5% caps on rent as well in the UAE. Rent in DXB and northern emirates has NOT gone up in the past year. It's gone down, just ask those who live in Al Hamra !

JETII .. you couldn't have been more right!! NO landlord with good tenants would even contemplate raising rent. Matter of fact, rent goes down to keep the tenant and remain competitive.

6. If you have had the unfortunate experience of paying an agent 10% of " your rent" just for showing up and you think real estate agents are paid for doing nothing, then whats that say about you? If you also think that an EK pilot is going to be stupid enough to be "scammed" by an agent then whats that say about your opinion of them?

Although your idiotic response deserved NO reply, I thought I would set the record straight. Schizophrenia is a disease but you really can find a cure. Just ask the voices in your head. If you can pull it out of your ass.

Sheikh.. You forgot to mention paying all those taxes and higher interest rates in Europe.

Food for thought... If an EK pilot is going to purchase property here, why not do it and apply that 140k a year towards the mortgage ? A property that you're NOT taxed on, and that is probably selling for less than it was purchased for 2 years ago. In a few years, EK housing actually paid for that house.

SPW

Last edited by SassyPilotsWife; 27th Feb 2011 at 18:35.
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Old 27th Feb 2011, 18:49
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I am in real estate but not in Dubai. However, the 3 ladies at my house right now who I read his comment to, had plenty to say and informed me I wasn't typing it all fast enough LOL.

I can vouch for RAK though.. Al Hamra is pretty sweet right now !!
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Old 27th Feb 2011, 21:40
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Oh please not one more of those wifes who "were in real estate" (Read: Passed the Florida/Nevada/Arizona Realtor Exam and tried unsuccessfully to partake in the 2007/8 Real Estate Bubble) and followed their husbands to Dubai to be Jumeirah Janes and find that the salary of an EK F/O is not enough to actually be a Jumeirah Jane...

But back to the topic: It's actually quite good to move out of EK Accom and finally live a life among "normal" people; not the Cabin Crew Dormatories where Pilots are just a welcome add-on to add booze to the after party.

I would, however, not recommend it to a Dubai Newcomer. It takes a little bit of experience and insight into to the where and whats before to embark on the task of finding a suitable apartment/Villa.

Oh, and the realtors? They're only after your Best (= your money). There are a few that are genuinely good, but they're certainly not married to an EK Pilot... The few that I was in contact with were always only after the quick deal.
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Old 28th Feb 2011, 02:09
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Would just like to point out that at the moment housing have an excess of properties so anyone applying to move out has about a 6 month wait.
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Old 28th Feb 2011, 04:12
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Seems to be sore spot with the EK Real Estate Wife Brigade... Seems that when we were looking, the agent we ended up with (via a recommendation) showed only EK pilots villas despite a huge glut of excellent available properties on the market! At hugely inflated prices when compared with similar properties! Want some examples? I have plenty! How about a difference of over 50000 AED per year for two villas EXACTLY THE SAME! One was owned by an EK pilot! Can you guess which one? Oh yeah, we fired her butt! So ask your three ladies exactly whose head is up whose ass? As for your very obviously coached statement about type ratings? Is that all ya got? Your husband give you that zinger? Guessing at the source? Good intel? Seems your limited scope is that only EK pilots live here in the UAE, cause I am guessing that's all you know about! Time to expand the horizons, come out of your EK shell girls! Get out of DSO and see the rest of the place!
Simply put, you and your pals are using information anyone in aviation can come up with and then inflating the price for unsuspecting newbies to the market! And now the truth is out! Why dont you go back to your previous jobs? We hear flyDubai is hiring! Normally I would feel for the EK pilots who fly 95 hours a month, but you sound like a real treat so I am sure your husband doesn't mind all those hours away...
(With apologies to those who work an honest day, and to those who work hard despite horrible everchanging conditions...you know who you are!)

Last edited by Left Coaster; 28th Feb 2011 at 04:59.
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Old 28th Feb 2011, 06:32
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To play the contrarian, maybe this is a good time to purchase. Think of all the smart people buying 07, 08 ?

The math works reasonably well over more than 7 years, and at the current prices, I'd say the risk is low.

Renting is a good option as well, and why not take the co money and live outside the "firm".

If I was a single F/O.... Sign me up.
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Old 28th Feb 2011, 07:34
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To play the contrarian, maybe this is a good time to purchase. Think of all the smart people buying 07, 08 ?

The math works reasonably well over more than 7 years, and at the current prices, I'd say the risk is low.
Could be, but don't forget that you won't see the true bottom of the market until they are allowed to forclose. The banks and mortgage companies are sitting on thousands of dead mortgages that they are forced to drag along.

Only on auction you see the true value of a property. And that hasn't happened here yet.
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Old 28th Feb 2011, 10:19
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not taking sides but

SPW is just suggesting that RAK is a better place than DXB, for many reasons.

Also re property, yes a purchase is a better option than renting, but your working / life in UAE is only as good as yesterdays flight.

I know many crew whose ideal life style was terminated at the drop of the hat.

You have nothing to loos in talking to any agent in RAK or wherever, and yes they are all in it for the money.

Best regards, from the pool side in RAK.

Just driven to Terminal 2, and back to RAK, each journey took me 45 + 50 mins, off from RAK at 12am, and 2pm.


glf
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Old 28th Feb 2011, 11:02
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Hi PRT2010,

I'm on a housing allowance. Live in the "downtown" area close to Dubai Mall / Burj Khalifa. Rent is 70k p.a. for a 1 bedroom / 2-bathroom, high-end (by DXB standards) apartment. 5 min walk to the mall / eateries / bars. 15 mins to the airport. Add to that agent commission (about 5% - 3,500) plus water/electricity - 100/month. So total is 75k yr - so pocket 1/2 the housing allowance.

So my point is with the way rents are in DXB right now...allowance is a good idea once you've had a few weeks to settle in and look around.

CP
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Old 28th Feb 2011, 11:54
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Im surprised that there are not more people who use craigslist.org over there or some online real estate website.

…or do they?
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