Investors Provident (IP), a UK based property consultancy recently launched a rare and unique opportunity for Muslims to purchase 5* Le Meridien apartments in the sacred city of Makkah, Saudi Arabia
Working under the five star Le Meridien Hotel banner and in association with Saudi Amjad, a leading developer in the Middle East, Investors Provident have launched this groundbreaking and historic solution to cater for the increasing amount of accommodation problems in one of the world’s holiest cities.
The deluxe property will offer 1,335 studio, one-bedroom and two-bedroom apartments, and feature separate prayer rooms for men and women, a health club, restaurants, high-quality shops and direct access to the Holy Mosque through a tunnel.
With over 2 billion Muslims worldwide praying to Makkah 5 times a day, this holy city is also the place where the Prophet Muhammad, peace be upon him, was born and the place where God's message was first revealed to him. About 10 million Muslims visit Makkah annually. Tourism swells during the holy month of Ramadan and the month of Hajj, the pilgrimage to Makkah that is required of all Muslims. Le Meridien Towers has been designed in full compliance with Islamic values and has received a rapturous response from the global Muslim community.
‘The response we have received from the worldwide Muslim community has been quite simply astounding’ said Omar Ahmed, Communications Director at Investors Provident.
‘We’ve had enquiries from Muslims in Canada, the UK, Morocco, France, Holland, Malaysia, Brunei and even places like Hawaii & the Cayman Islands’
An article in the New York Times recently stated that the most expensive land in the world is in Makkah, and as expected, the most popular times that people have purchased apartments in Le Meridien have been Ramadan and Hajj. ‘Naturally most clients prefer to visit Makkah in Ramadan or Hajj, as the atmosphere is electric but also because the rental returns are very attractive,’ said Omar Ahmed.
Purchasers for the Le Meridien Towers can also benefit from an interest free payment option, which offers 6, 9 or 12 equal monthly instalments. A deposit of 20% is required at the time of purchase.
‘From an Islamic perspective, it’s an ideal investment, not only can you rent out your apartments but it’s an ideal opportunity for Muslims worldwide to visit Makkah every year and stay in their own luxury apartments at affordable prices,’ says Omar Ahmed
Examples of prices for a one-bedroom apartment in Le Meridien Towers: six nights, $10,000; five nights within the first 20 days of Ramadan: $21,000; 30 nights during the hajj, $170,000.
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Comments
KAMUKAMA (not verified)
purchase of diplomatic suite
Wed, 2007/07/18 - 06:41i have been trying to buy week 54 of the diplomatic suite
rashid akujee (not verified)
meredian towers makkah
Sun, 2007/09/23 - 09:38i have purchased the amiri suite for the first five days of ramadan however i am wanting to sell it, and would like to know how much commision you take and if can in anyway help me sell my timeshare
jazakallah
AbuHeba (not verified)
Meredian towers
Sun, 2007/09/23 - 20:40Assalamu alaikum
Just would like to find out how is your experience with this apartment so far. Any concerns you have about this. I plan to buy and would appreciate if you could advice me in this regard.
Jazzkallah
Syed
rashid (not verified)
le meredian towers for sale
Thu, 2008/04/03 - 05:34assalamualaikum
sorry for the late reply, i have been in hospital. anyway i have got the amiri suite for the frist five days of ramhdaan, i am willing to sell it at 14 950 pounds, let me know if you are interested, reply to this email or you can email me on rashid_786_174@hotmail.com so fari have not had any concerns regarding the apartment.
jazakallah
Azam Khan (not verified)
Pls provide details
Mon, 2007/09/24 - 22:38Asalam Alaikum
Please provide details and price at the earliest and Insha Allah we will consider
Azam7 at yahoo.com
Visitor (not verified)
How much do you want for the
Fri, 2008/02/15 - 08:59How much do you want for the apartment?
rashid (not verified)
le meredian towers for sale
Thu, 2008/04/03 - 05:25assalamualaikum
sorry for the late reply, i have been in hospital for the last 2 months and am currently in india for medication. anyway the price i am willing to sell is at 14 950 pounds, let me know if you are interested so reply to this email. my email address is rashid_786_174@hotmail.com
jazakallah
rashid akujee (not verified)
meredian towers makkah
Thu, 2007/10/18 - 08:49i have got the amiri suite for the first 5 days of ramdhaan. it can contain up to a minimum of 5 people. i have purchased it recently and not used the timeshare yet and have got all the deeds now aswell. also the lease term is 25 years so you can do whtever you want in that time. eg sell it or rent it. from what i have been told is that you can rent it out for about £1250 to £2500 for the first five days of ramhdaan. the actual price that i am willing to sell it for is £14950. the reason why i want to sell it that i need the money for some other reason. if you have any questions you can contact me on [deleted]
Visitor (not verified)
sale of your apartment
Sun, 2009/01/18 - 15:23i would further details on your apartment
rafique (not verified)
le meridian
Thu, 2008/01/24 - 14:06we have very bad experience with saudi amjad, they dont speek english, they dont return your calls , emails OR faxes. we purchased the property and are still waiting for the paper work to be completed
rashid akujee (not verified)
makkah towers timeshare
Sun, 2008/04/13 - 04:27asak
i am just wondering if you rang my house on [deleted] recently and spoke to my father regarding the makkah timeshare, someone did but didnt leave their name or telephone number, if you did could you reply back to this email or a different email sohail_570@hotmail.com or on this number [deleted].
jazakallah
Visitor (not verified)
Is this for real
Mon, 2008/04/21 - 00:47It seems this project is not as promised. If you are non saudi then don't buy. It's full of empty promises and misleading or incorrect information.
Recently Cendant who owns RCI pulled out of the project, but of course it was after taking their fees.
Visitor (not verified)
ZamZam Tower Royal Suite & Meridien Towers Dipl. Suite for SALE
Fri, 2008/08/15 - 08:21ZamZam Tower Royal Suite incl. Kaaba View, Timeshare Period:from EID / 1.Shawall
SOKOUK=right to utilize residential units for a period of 25 years(leasehold, 23 years left
Meridien Towers Diplomatique Suite, Timeshare Period: last 5 days Ramadan
SOKOUK=right to utilize residential units for a period of 25 years(leasehold)
from private seller
price negociable
picutures:
Meridien Towers
http://muslimsworld-shop.de/d_287.htm
http://muslimsworld-shop.de/d_292.htm
http://muslimsworld-shop.de/d_294.htm
ZamZam Tower:
http://muslimsworld-shop.de/d_295.htm
http://muslimsworld-shop.de/d_297.htm
for more information please contact: info@muslimsworld-shop.de
Muslim Bro (not verified)
15-20th Ramadhan
Mon, 2008/08/18 - 12:12I have a 1 bedroom suite, from the 15th-20th of Ramadhan to sell. If you are interested, please contact me.
Hassan Hashim (not verified)
Makkah Suite
Fri, 2008/08/22 - 16:30Assalamualikum
can you give me more details about this, is this in zamzam tower? size of room? view? etc.
Team Oasis
Re:-Makkah Suite
Fri, 2009/04/17 - 00:55Assalamu Alaikkum
Are you still interested?
Salam
Thank You
Team Oasis
Singapore
www.oasis-properties.com
zeshan (not verified)
flat
Sun, 2008/09/14 - 18:54salam,
please let me know re: flats.
jazakallah
zeshan
KK (not verified)
My email is
Wed, 2014/04/30 - 15:41My email is kharwa@vodamail.co.za
Visitor (not verified)
Saudi Prince and NYSE firm involved in Mecca Scandal.
Thu, 2008/09/18 - 04:36HRH Prince Faisal bin Mugrin bin Abdulaziz, son of Prince Mugrin head of internal security, Al Muttahed a leading Saudi development firm listed on the Saudi Stock Exchange and Northcourse owned by Wyndham a NYSE company have been involved with a property scandal in the holy city of Mecca(Makkah) Saudi Arabia.
Le Meridien Hotel Towers Makkah offered a noble and spiritually rewarding product to Non Saudi's however this blessed gift is nothing but a shameful con.
The product was exclusively marketed globally by North Course based out of Dubai with ambitions of being the leading timeshare advisors, managers and operators in the entire Gulf region.
In cahoots with Saudi firms, (Saudi Amjad/Al Muttahed (a Saudi StockCompany) & Al Fassel Global Services) Northcourse, the creators of this project have been perpetrating a holy sin, marketing and promising the blessed gift of owning property in Holy Makkah close to the prophets Mosque to Non Saudis knowing full well that what they were doing was illegal, immoral and plainly deceiving buyers.
Le Meridien the hotel chain purported to be the timeshare resort managers through disclaimers denies any association with the project
"It has come to the attention of Starwood Hotels & Resorts Worldwide, Inc., (Starwood) that units at Le Meridien Towers Makkah hotel in Saudi Arabia are being offered for sale or rent as condominiums or timeshare by third parties. These timeshare units are not offered, licensed, sponsored or endorsed by Starwood, Le Meridien brand or any Starwood affiliates.
Starwood and Le Meridien brand disclaim any relationship with such timeshare or condominium units."
Apartments have also been sold to non Muslims as North Course claimed the investment would reap huge financial rewards, with the developer (Saudi Amjad / Al Muttahed) being aware to what was going on and signing contracts and issuing title deeds.
How can the Saudi Government condone this kind of scandal, this blasphemy in the Holy City? Northcourse, Almuttahed and Al Fassel Global Services need investigating and serious action taken against them, using the holy city for business purposes and cheating faithful out of money in this way is shameful.
The Saudi, other Gulf authorities and Allah (peace be upon him) should punish the perpetrators of this evil crime. Muslim companies, communities, mosques and Governments around the world should boycott doing business with the companies mentioned above.
Visitor (not verified)
help.....
Mon, 2008/10/27 - 15:04where i we get such details, we think we were victims of this 3rd party issue in Egypt,anyone in Egypt suffering from the same issue
Visitor (not verified)
mecca timeshare
Wed, 2008/11/12 - 01:15contakt saudi embassy and make complaint
SHAGGIE (not verified)
I TOTALLY AGREE AND WOULD
Tue, 2008/12/02 - 15:36I TOTALLY AGREE AND WOULD EVEN URGE THESE PEOPLE BE NAMED AND SHAMED PUBLICLY
Athar Rafiq (not verified)
Le Meridien Time Share Units
Mon, 2008/09/22 - 15:17I was a victim of this scam so I don't recommend buying anything at all in Mecca, Saudi Arabia. The sentiment stated above is all true - the money was stolen, no deeds were received, no phone calls returned, no faxes answered - complete thieves.
For Muslims who are supposed to be extremely honest and fair - especially in the holiest city of the world - it is a real shame. I don't suggest buying anything there at all.
Visitor (not verified)
Diplomatic Suite
Sun, 2008/11/09 - 01:42Salaams,
Diplomatic Suite for sale at the Le Meridien Apartment in Mecca, accommodates 3 persons available for 5 nights from 11th Ramdahan. The lease is available for 25 years, starting from H 1428 (2007 -2008).
Price : $16,500 ONO.
All deeds have been received and signed.
For further queries please contact waheedh@hotmail.co.uk.
Visitor (not verified)
Le Meridien Time share
Wed, 2008/11/12 - 01:06No point buying as deeds are useless. Can not get booking even with a deed developer and meridien not interested in servicing owners. This project as others have stated is a scam.
Visitor (not verified)
timeshare
Wed, 2008/11/12 - 01:13The deeds are useless as developer and meridien wont give booking.
Team Oasis
Zam Zam Tower Makkah Principal Marketting Agent for South East A
Fri, 2009/04/17 - 00:52nazmeera Soosiwala (not verified)
want to lease an apartment in zamzam
Wed, 2010/06/23 - 05:44Hi I am from south Africa I would like to purchase an apartment in Makkah ... Zam zam towers for the ramadaan period a 1 bedroom or 2 bedroom as long as its worth the price you offer me. Please note i need to know how to purchase t as well.
Visitor (not verified)
studio in zamzam tower for sale
Thu, 2010/10/21 - 12:45salamo aleikom
i have a studio 38m2 from 25 shaban to 3 ramadan ends at 1451hijri
2 adults and 2 child ,my phone 0020101668666
SHAGGIE (not verified)
AMIRI SUITE
Tue, 2008/12/02 - 15:32SALAMS ALL- RED ALERT RED ALERT RED ALERT
I HAVE BEEN CHASING THESE PEOPLE FOR OVER THREE YEARS AND HAVENT RECEIVED A PENNY OF MY HALAL MONEY BACK, I THOUGHT SAUDI WAS A PLACE OF MUSLIM PEOPLE DOING GENUINE BUSINESS I DIDNT REALISE ITS ALSO FULL OF THIEVES ESPECIALLY THE ALMUTAHED PEOPLE LIKE MR DOULATLY, MR ABDULLAH AND MR Fayez Bin Awaid Al Shammary AND HIS CO WORKERS.
PLEASE AVOID BUYING ANYTHING AND DEALING WITH AL MUTAHED EVER. I DONT KNOW HOW THEY SLEEP AT NIGHT AFTER STEALING PEOPLES MONEY AND ESPECIALLY THOSE WHO ONLY WANT TO BE IN THE HOUSE OF ALLAH TO PERFORM THEIR BASIC ISLAMIC DUTIES. WHAT REALLY MAKES MY BLOOD BOIL IS THAT SOME DODGY PRINCE OWNS THEM! I AM ASHAMED AT THESE PEOPLE AS THEY ARE THE ONES WHO MAKE MUSLIMS LOOK BAD TO THE WIDER WORLD. THIS IS WHY THE UMMAH IS IN SUCH AN EMBARRASSING MESS. MAY ALLAH SORT THESE INBREDS OUT AND REDEEM THE NAME OF ISLAM
UmmAbdullaah (not verified)
Makkah Timeshare
Wed, 2009/01/14 - 15:29Assalaamu alaikum
I am saddend to hear the stories of people who've not gotten what they've paid for and any other evil thing that has taken place with regards to the Makkah timeshare program.
I do not represent anyone except my family and myself. I'm an African American Muslim revert, alhamdulillaah. From the time I became Muslim, I wanted to perform hajj and alhamdulillaah I did as a gift from Allaah ( I was sponsored). After performing the hajj I had the to desire to perform umrah as often as Allaah permitted and alhamdulillaah I've gotten that opportunity. How, by being a owner of a Makkah Timeshare property.
This may sound crazy, but we purchased this property site unseen. Never would I've done that in the USA, but I just happened to run across a site that advertised the purchase of such properties. I couldn't believe it, mashaAllaah. I had my husband read the specs and he couldn't believe it. We contacted Investors Provident out of the UK. The agent sent us brochures, etc. So we prayed istikharah and now we're the pround owners of a 25 year lease property (with deeds and signed contracts). MashaAllaah tabarakAllaah
We didn't go visit the first year of the completed project, . We hadn't prepared to travel to Saudi on our own. We went to check on our property for the first time this past year 2008 and are planning to go this year 2009 inshaAllaah.
We own two weeks during Muharram, but last year when we were making arrangements, we found that the embassy wasn't giving out visas in Muharram. I got on the phone, called and emailed Al-Muttahed and was told that it was ok and that we could come whenever we got our visas. We just needed to give them a months notice for reservations. Alhamdulillaah we went and performed umrah last year while staying in our suite in Makkah. We aslo took my grandsons (ages 7/8). Also, because we didn't go the first year, we still had those two weeks and we could even defer those weeks for a later time (year, month, etc.).
I am so sorry for what has happened to many of you, but I just couldn't sit by and not speak about my authentic experience. Not everyone has had a bad experience or been ripped off.
I pray that Allaah rectify the affairs of all those who've been mistreated and had monies taken with nothing in return. Remember no one gets away. They will pay. We must also look to find as much as we can of the story.
I pray that Allaah continues to shower His bounties and mercy upon my family and me, ameen.
Visitor (not verified)
Deeds
Thu, 2009/02/12 - 10:30According to Saudi Law it is not permissible for Non Saudi Nationals to
1. Own
2. Rent
3. Lease
4. Have right of use
Of ANY property in Mecca
The purchase of these units was supposed to give us non Saudi’s the right to own and use the apartments be it for 25 years for part or whole OWNERSHIP of the property in Mecca. The above law could be the reason why we have to get our own visa despite assurances when buying that we would have an automatic right to an entry visa as we OWN property there.
The paperwork or deeds as AlMuttahed refer to and issued by them are not legal, this has been verified by my US attorneys. This could explain why mine and I trust all others do not bear any Saudi Government registration or notary public stamps.
The above concerns are highlighted further by the fact that
1. The papers issued are not bankable
2. Units can not be rented
3. Units can not be sold
We have all been cheated I have taken this issue up with the Saudi embassy in DC they spoke very nicely on the phone and requested documentation which was provided now I am chasing them a resolution.
Team Oasis
Re:- Deeds
Fri, 2009/04/17 - 00:40Assalamu Alaikkum,
Oasis Properties Singapore is the principal Marketting Agent For Zam Zam Tower Makkah, For South East Asia.
This Is something i would like to Share
http://www.arabianbusiness.com/485195?tmpl=print&page=
I dont know how does the title deed looks like from Al Muttaed but i have a title deed given by the Subsidery company of Bin Laden Group who is the developer of ZamZam Tower and strongly believe that the sokouk program is legal with sharia law.
Thank You
Salaam
Team Oasis
Singapore
www.oasis-properties.com
Visitor (not verified)
Hi, There is some confusion
Tue, 2009/04/21 - 07:00Hi,
There is some confusion here - the issue with legality and cheating is for the Meridien project.
Zam Zam is legal and OK as it falls under WAQF
The Saudi Real Estate Law
Regulation of Ownership and Investment in Real Estate by Non-Saudis
ARTICLE (5)
With the exception of a transfer through inheritance, Non-Saudi may not obtain the title, easement or use of real estate located within the city limits of Mecca and Medina. This excludes obtaining title if it is associated with endowing (Waqf) the owned real estate, according to Sharia Islamic Rules, to a certain Saudi Agency, provided that the Supreme Council of Endowment shall have the custodial rights to the endowed property.
Negative List (Activities excluded from Foreign Investment)
The Supreme Economic council (SEC) approved the list of economic sectors from which foreign investors will be excluded under the new Foreign Investment Law. The economic activities that are not open to foreign investors are:
Real estate investment in Makkah and Madina.
Tourist orientation and guidance services related to Hajj and Umrah
Hope this clears this up.
Almuslim (not verified)
Makkah time share
Tue, 2009/03/10 - 12:00I had similar good experience last year but they now want the deed/contract back. Have they contacted you as well, please let me know.
Almuslim
UmmAbdullaah (not verified)
Sham or Scam
Sun, 2009/05/31 - 22:19AsSalaamu alaikum
This is an update to my previous comment.
We did goforumrah this year, but we didn't stay at the timeshare, because they've requested the contracts and deeds back. AlMuttahed said that they bought the property from Amjad and do not honor the timeshare program.
We had a friendof ours that lives in Madinah and worksin Riyadh deliver the documents. We were toldit would take upto90days before we receive a refund.
As of today, we haven't heard from them nor received any refund. We'restill within the 90 day period. I think we're about the 60 day mark.
InshaAllaah, we'll call them tomorrow to get an update.
Anyway, I wouldn't trust any of them (i.e.ZamZam). If you have any investment with them, ask for your money back or sell it back to them. Don't try to sell it to someone else, because I don't think they'll be able to use the property.
Don't buy from anyone trying to sell a timeshare there. As I said, you more than likely won't be able to use it and may end up trying to get your money back like the rest of us.
I'm not worried, fore qiyyamis is true and all those that don't fear that day and take peoples money will have to pay then. So they either pay now or pay later. Either way they're going to pay. No one gets away.
Visitor (not verified)
Amjad is a subsiduary of Al
Mon, 2009/06/29 - 04:53Amjad is a subsiduary of Al Muttahed a Saudi Stock firm. They transferred ownership as they wanted to raise money by selling shares. So they are liars the reason why we can't use it is that it is against the law as stated on this page nothing to do with transfer of ownership which was illegal since they did not own the property we did...they have stolen from us using the holy city as bait....people that do this have no moral values thus their action or inaction in refunding our money or even the curtosy of returning our calls, fax and email shows they are insincere dogs
rashid akujee (not verified)
meredian towers
Thu, 2009/08/27 - 09:42assalamualaikum
i have also pusrchased in the meredian towers towers but almttahed are saying if i send the deeds back they will refund my money, i have no contact number to contact them on and also am worried that if i send the deeds whetehr they will receive them can somebody please give me any numbers that i can get in contact with
jazakallah
Team Oasis
Assalamu Alaikkum
Fri, 2009/04/17 - 00:29Salam, Great testimonial....My Company is the principal marketting agent for ZamZam Tower makkah for south east asia, Curious...Where is the company Al Muttahed from?
Salam
Thank You
Team Oasis
Singapore
www.oasis-properties.com
Mobeen Muhammed... (not verified)
hy i m from pakistan (islamabad)
Wed, 2009/02/11 - 01:57hello sir how r you
Visitor (not verified)
Prince Faisal Bin Murgin
Mon, 2009/02/23 - 12:35This is the man who owns Al Fassal, the company who has taken our money and will not issue the deeds...
Prince Faisal bin Mugrin bin Abdulaziz
http://en.wikipedia.org/wiki/Muqran_bin_Abdul_Aziz_Al_Saud
He needs to be informed as to whats gone on. This is so unfair and no one else is to blame.
Dr. A. Abueish (not verified)
zamzam unit for sale
Sun, 2009/03/22 - 04:41studio 38 sqm for 2 adult 2 childern period from 10 ramadan - 20 ramadan for end price 40 tausend $ contact per sms nr. 0096599857100
eb (not verified)
how many years lease do you
Wed, 2009/03/25 - 14:21how many years lease do you have on the studio.
Team Oasis
Re:- How many Years Lease Do You
Fri, 2009/04/17 - 00:22Assalamu Alaikkum, Are you Still Interested In Knowing More About Owning A Unit In Zam Zam Tower Or Abraj Albait?
Thank You
Team Oasis
Singapore
www.oasis-properties.com
Visitor (not verified)
Shame on Oasis Properties in Singapore
Fri, 2009/07/31 - 00:37Whoever interested of being cheated by Oasis Properties Singapore? I read press about you, it's really unlike Muslim people. And one more thing is it possible to sell holly land by nonmuslims?Oasis Properties in Singapore has such an employees.
Dr. A. Abueish (not verified)
zamzam unit for sale
Mon, 2009/03/30 - 12:2722 years
mustafa ahmed (not verified)
zam zam tower appt to purchase
Thu, 2009/05/14 - 18:31i am interested in purchasing zam zam tower appt please provide information. Thanks.
msadltd@gmail.com
Mustafa Ahmed
Visitor (not verified)
Al Safwah Towers
Mon, 2009/05/18 - 06:02Asalamualaikum
Brother Mustufa Ahmed
I have apartments in Al Safwah towers (old aziz khogeer site) +- 50 meters from the haram. I am selling them fractional ownership.should you require more infomation please do not hesitate to contact me.
Muhammad Ilyaas Amod
ilyaas.amod@webmail.co.za
shehnaaz (not verified)
Purchasing zam zam suite
Mon, 2009/08/31 - 13:26Salaams i am interessted in purchasing the unit at zam zam please forward me more information and the price you are asking payment would be cash or bank transfer...thanking you shehnaaz....
Moe (not verified)
Abraj Albiat Towers / Zam-Zam - Marwa Tower
Sun, 2009/09/13 - 10:44Salaams..
I have one big appartment(2 appartments joined into one) in the Marwa Tower (Abraj Albait/Zam Zam). I have stayed there already, so rest assured that there was no problem with the purchase of the appartment. I am the title owner and i have the title deeds. With my appartment you can use it as a time share & receive income from it being let out by the Rothana Groupe (U.A.E) or you can keep it to yourself. The view from the appartment is Haram view. The appartmet is fully furnished, and is still brand new. Its just like a hotel, only thing, you have your own room in that hotel ..lol
If anyone is interested in the appartment, please do not hesitate to contact me on:
E-mail: mykader@gmail.com
Mobile: +2783 64 786 82
Shukran..
Kind Regards,
Mohammed
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