BUILDING NAME: The Residences at DIFC
TYPE: Residential Towers
STATUS: Aproved
HEIGHT METERS :
HEIGHT FLOORS : 30F
COST: 600 Million UAE, Dirhams/ USD $163m
START DATE: 2005
END DATE: 2008
LOCATion: Plot With in the DIFC project
OTHER DETAILs: 2 Idenital towers 216 Flats each, Land Size 12,000s Meters
Flats are being sold freehold

http://www.skyscrapercity.com/photopost/data/500/11020Park_Towers.jpg

part of the DIFC
http://www.skyscrapercity.com/showthread.php?p=1760182#post1760182

Was in the paper not sure of any other details yet but I plan to get photos of DIFC site this weekend

according to this (http://www.ameinfo.com/news/Detailed/41586.html) they'll only cost USD 162m but still its a big improvement over the USD 60m abbco rotana, which is to become the tallest hotel in the world.

according to this (http://www.ameinfo.com/news/Detailed/41586.html) they'll only cost USD 162m but still its a big improvement over the USD 60m abbco rotana, which is to become the tallest hotel in the world.

For 600 million dollars, it better look like a Las Vegas hotel. At least close. Most Las Vegas hotels cost 500 million to over 1 billion dollars to build.

Thats Dirhams not USD ! you are in UAE Forum and we speak in local money unless said other wise

Thats Dirhams not USD ! you are in UAE Forum and we speak in local money unless said other wise

Sorry, gosh

LOL its ok i should have put full cost i am just lazy :)

Oh wow the details are out of the project give me a few mins to take ( steal the images and I will post them here )
http://www.damacproperties.com/theresidences/index.html

Here is what is on the site in Flash unpacked just for us

The design of the towers was inspired by the evolution of Dubai, and by the undulating soft forms of the desert. This duality is expressed in the two vertical solid fins representing the rigid urban form reaching into the sky, from which the curved expressive soft form of the tower façade is suspended. The towers provide panoramic views of Dubai and the new financial centre and express the aspiration of modern living within a new and exciting urban development.

A two-tower residential project in the heart of DIFC with freehold facility for UAE nationals and expatriates. Both towers are 30 storeys high, and offer approximately 230 exquisitely designed one, two and three bedroom apartments.The Residences at DIFC offer panoramic views of the financial hub and provide the ultimate in exclusivity and comfort. With a choice of one, two, and three bedroom apartments in various configurations, The Residences at DIFC are bound to appeal to your discerning tastes. Poised to be the most sought after address in the world's newest financial centre, the two towers are designed to provide you with a luxurious yet comfortable apartment - a masterpiece of contemporary architecture and distinct styling. Every apartment includes central air-conditioning, ceramic floors throughout, double-glazing, and kitchen amenities including designer fridge and cooker. Buyers can customize their kitchen and bathrooms by choosing a combination of interior finishes from our interior sample pallets.The intelligent design of the towers ensures that every apartment has a wide balcony offering you the freedom to relax and enjoy the stunning views of the financial district, with its parks, cafés and entertainment facilities.

World-class recreational facilities featuring the most advanced temperature-controlled swimming pool, health club and gymnasium, spacious steam and sauna room, jacuzzi, tennis court and barbecue area.Exquisitely designed lobby with a concierge desk offering 24-hour service. This leads to an adjoining, elevated coffee lounge projecting a dazzling view of DIFC.Business Centre offering everything you would expect from a 5 star hotel catering to all your business needs while at home. Facilities include, high-speed Internet access, faxes, photocopying and a round the clock manned help desk.Banquet Hall and meeting room facility designed for private parties, gatherings, special occasions and business meetings.Exclusive services. The building also provides round-the-clock security, professional housekeeping, individual post boxes, and underground parking.Dine in style, in the tower's executive restaurant or simply order room service from the restaurant's kitchen.

Images you have all been waiting for !!!

http://www.imagestation.com/picture/sraid124/pc79a65868f035d64e51f6a6e68a6277c/f819fcf5.jpg

http://www.imagestation.com/picture/sraid124/ped342acbcdb158820788b7f608d779ba/f819fcf7.jpg

http://www.imagestation.com/picture/sraid124/p3b5a678ac35ddcf7640dd7c5f4a2aeaa/f819fcf1.jpg

The base
http://www.imagestation.com/picture/sraid124/p76780f0e1e72934ed9278258d8112a25/f819fcef.jpg

The Tips
http://www.imagestation.com/picture/sraid124/p9b69fe9e0721d837073bf2c46b6810f8/f819fcec.jpg

More larger Images posted by Alt Tab
http://www.xpphotoalbum.com/data/500/3820launch_07.jpg
http://www.xpphotoalbum.com/data/500/3820damacdifclocation.jpg

Also the units for sale and there is a booth at the Deria City Center Mall Selling these and they have flies which much the same renders that are here + Floor Plans

Two of those buildings in the difc pics look almost 300m tall, i compared the far one with the shangri la (153m) and its almost twice as tall! This project is amazing, i just hoped there was more density and less desert.

:eek2:

very well-planned! looks like swiss re with hats

^yeah actually, in one article i read, they said they were going to "compete" with a development in London (apparently the Swiss Re). I dont know how they're gonna compete but thats what they said.

Future location of the towers july 2004
http://www.imagestation.com/picture/sraid125/p8f32a8ca7159996baf72df66c89fc06f/f801203f.jpg


Wide shot of area as it is July 2004
http://www.imagestation.com/picture/sraid125/p803e86337c9de0ac33d688a9709efcd4/f8012037.jpg
Please check out the full size image here
http://www.imagestation.com/album/?id=4286345873&p=4160823351&idx=4

So dont want to bombard people with info but
the Residences appeared on new website and made the news

DAMAC Properties launches The Residences at DIFC on www.gowealthy.com
Dubai newest free hold property, The Residences at DIFC, which is being developed by DAMAC Properties, was unveiled recently to worldwide buyers through an online launch on www.gowealthy.com a widely popular website frequented by over 300,000 potential buyers around the world every month
http://www.ameinfo.com/news/Detailed/42141.html

The site is here
http://www.gowealthy.com/theresidences/index.htm
Full plans are online for any one that may be looking for them
I have not ahd time my self so let me know if you find any thing of intrest

SALES CENTER OPENS 5th July 2004

http://www.imagestation.com/picture/sraid125/pa0a7ad98cd91fa3c76d9395e7119b2ec/f800ad26.jpg

oh just read the sale center is about to open guess thats what you can see as the tent in the image above. So who wants to drive out there and go look
oh maybe they have model of the DIFC and these tower !

seriously great up to date info man :) good job

and i`m not going to there sales office :) i`m a little shy of crowds

Well these are now called park towers ( I dont like it )
http://www.tradearabia.com/tanews/newsdetails.asp?Article=70802&Sn=REAL

Damac, DIFC deal on Park Towers
UAE's Damac Properties recently signed an agreement with the Dubai International Financial Centre (DIFC) for the development of 'Park Towers at DIFC'.

This is an exclusive residential and commercial complex in the Gulf's newest financial hub.

Built at an investment cost of Dh600 million, Park Towers at DIFC, will overlook Park Boulevard at the region's financial hub. The towers, owned by Damac Properties, will feature the latest in construction design and offer superior amenities and services, as well as modern living standards.

Announcing the news, Peter Riddoch, chief executive officer Damac Properties explained that Park Towers at DIFC would be offered to interested investors on freehold basis.

'The construction is expected to start on site in 2005 and is due to be completed within three years. A sales center at the location of Park Towers at DIFC is currently operational to further promote the project,' he added.

Riddoch said the expansion of Damac Properties' activities to the city's newest financial hub was part of its plan to further develop and expand its property portfolio. Currently it includes seven properties currently under construction across master development projects in Dubai on the Palm Islands in Jumeirah and Jebel Ali, Jumeirah Lake Towers as well as Dubai Marina.

Riddoch stressed that the plan is to build two egg-shaped identical 30 floor towers connected through a multi-storey podium. Park Towers at DIFC will also feature a top deck, open air swimming pool, sauna, Jacuzzi and gymnasium.

Founded in 1982, the multi-million Dirham Damac Group is one the largest conglomerates in the Middle East operating across 16 countries and employing over 5,000 people from more than 25 nationalities.-TradeArabia News Service

DAMAC make insane models, |Im sure there will be some in the sales tent like down at their one at media city

I see advestisements for these towers everywhere but when are they gonna be built? I hope they don't become never builts

they are already approved, but i'm not so sure if this one is the very final design, but i don't expect any special changes! maybe one of you guys can go to the sales center at difc and take some pics if allowed! ;)

went to the sales center no photos and no models there was one of J Lake Terrance tower at JTL and there was a space all ready for these towers

something new on these two?
(before it gets pruned)

read 1st tower sold out and the other 50% sold so construction should start soon

was not till may next year for some reason to do with planning of DIFC

Heres a bigger version of the rendering..

http://img145.exs.cx/img145/8100/pt9ki.jpg

stuuuuuning...
love them...
it's a pity that they are not 50 floors + ...

that base on which both towers will be built, is it a car park?

Apparently it will be half parking and half shopping arcade + food outlets.

I hate podiums, they completly take away the grace of a tower!

btw congrats on a 1000 posts altind_carnut!

I hate podiums, they completly take away the grace of a tower!
The podiums in Dubai Marina are all crap but this one is quite nice, IMO.

btw congrats on a 1000 posts altind_carnut!

Thank you :cheers:

When I read your post, mine was showing 1001, you know just like 1001 nights.

Any news on these, last was that they were slated to start in May... and its May now!

and jesus christ altind you've posted 1000 messages in 3 months!!!!!!!!!!!!!!!!!!!

the problem is the area is not accessible and there is a huge fence around the difc
i couldn't find any hole to have a look at what's going on behind it

didn't spend too much time there though
will try to have a look this week

and jesus christ altind you've posted 1000 messages in 3 months!!!!!!!!!!!!!!!!!!!

Yeah ... maybe ... work is boring and almost inexistent in this time of year. :runaway:

I think they have started and so has the hexagon as its on the other side of the road from the rest of the DIFC site and they are poiling away there too

imo there is a lot of stuff going on in DIFC, you can see it a little bit from chelsea tower...

One of the greatest designs in Dubai now days, looks really spectacular. :okay:

any thing recent on these hows the site

No way to access the site. If anyone has any ideas, please share.

dont need access climb a carpark

Yup, but in this heat??

sorry, but the whole area around park towers, one central park,... is far away from being under construction
site fenced in since more than a year, nothing happened yet!

Damac have approached DIFC to get acces to the site this june.
they were originaly only going to gain access next june.

--property weekly

i know that why asking
but guess to soon
nothing on difc.com
not that mean much

Bigger side view rendering

http://www.unityestates.com/Propertyimages/Dubai/ParkTowers/sideview.jpg

These tow are so great looking.

Is the DIFC under construction or not!? I mean the area!

has anyone seen the rear view of these towers?

phenomenal~~ :)

yea but i wish they were taller

^^Dubai in-fill... ;)


look at that podium~~ :D

Very nice.

has anyone seen the rear view of these towers?


all i can provide :(

http://tinypic.com/f516on.jpg

So question again: When they start with the hole complex?

Some of it has started, alot of the projects correct me if im wrong are still unknown. Should start within the year.

Bigger side view rendering

http://www.unityestates.com/Propertyimages/Dubai/ParkTowers/sideview.jpg


Notice the reflection of Burj Dubai on the 2nd tower??
The one on your right.

where can you spot BD there..

Can these towers start when One Central Park start?

well was not ment to be till June Next year but they were hoping to start between mid 2005 and 06 2005. Seems it will be the later date

taking too much time, is it dead?

No DIFC tower's will not start till next year.

Construction start??

If The Index starts, this could start too!!!

nothing yet
there is some kind of a camp on the area where this one is supposed to be built

this project has been announced like 2 years ago!

Dann wirds Zeit!!! :(

Read the thread.

It was mentioned that the construction cannot start before March or April 2006. The land hasn't been yet released to the developer, due to infrastructure work going on.

The main thing is, it gets built, because these towers make me hornyy :):):):):)

OK ...

moving on

so you're the one who's making love with these towers :runaway:

The main thing is, it gets built, because these towers make me hornyy :):):):):)


Thanks we really wanted to know that

Greetings Dubai Lovers,
I'm a Newbee!
Recently, I have started looking at wanting to invest in Dubai. DAMAC's Park Towers 1 bed is offered at 1,760,000AED (£275K). Any thoughts on this would be welcome.

Latest news from DAMAC
Ground breaking will commence in 4-6 weeks.

Great news....

So DIFC begins...

looks like they are timing it so all 3 SZR projects come online at the same time DIFCBDBB, as l like to call it

^^ Won't be the same without Park Square.. is that project even alive?

Latest news from DAMAC
Ground breaking will commence in 4-6 weeks.

any updates? Please tell me construction has started! These were released more than two years back!!! :gaah:

there is loads of stuff going on in difc these days

in fact so much that it is hard to tell what is what

this project will be late more then 2 years...

completion was end 2007 wasn't it?

well one year could be possible to me... i mean end 2008, if they hurry up.

but then, it's Damac, they will bust if they are forced to pay compensation for delays..

I spoke to a Damac representative yesterday and he said it will take 36 months from now. I was thinking of buying retail space here, but the delay is making me hesitate. Is AED 2850 per sq ft a good price for retail space at this project?

^^ Invest in Damac only if you don't mind getting a few extra strands of grey hair on your head

any updates? Please tell me construction has started! These were released more than two years back!!! :gaah:

I feel for you. Birmingham has been waiting 8 years for its tallest building, Arena Central Tower, to get to where it is now, and it hasn't even begun construction. No one knows what it'll look like or even how tall it is :cry:

September 21, 2006

http://www.damacproperties.com/new/manager_images/2006-22-22-40-difc4.jpg

http://www.damacproperties.com/new/manager_images/2006-22-22-40-difc1.jpg

http://www.damacproperties.com/new/manager_images/2006-22-22-40-difc2.jpg

http://www.damacproperties.com/new/manager_images/2006-22-22-40-difc3.jpg

what a construction update by Damac.

they are either proud of having the site cleaned already, or they really want to fuck about their costumers :rofl:

what a construction update by Damac.

they are either proud of having the site cleaned already, or they really want to fuck about their costumers :rofl:

Relax dubaiflo. I'm a Damac Customer and have absolutely no worries about my investment in Park Towers.
Current plan is for PT to be ready by 2009. Hey, what's the rush? If you want it any earlier then invest somewhere else. Right?

If they want to finish by 2009 they'd better start now.

Relax dubaiflo. I'm a Damac Customer and have absolutely no worries about my investment in Park Towers.
Current plan is for PT to be ready by 2009. Hey, what's the rush? If you want it any earlier then invest somewhere else. Right?

apart from the fact the first completion date for PT was mid 2007.

DAMAC are the slowest developers around. I mean considering they are so slow they have loads of problems with theior buildings.
Remember al th efloods, broken pipes, power cuts etc in the Marina tower.
This is the smallest tower in DIFC nearly and will probably takle the longest

apart from the fact the first completion date for PT was mid 2007.

I maybe out of line but I need to question someone like you who has made almost 13,000 posts on this forum and yet is not sure about what's going on in DIFC.
Just think of the infrastructure that needs to be in place, road tunnels, metro, to name but two. Building 2x30 storey towers will not take long in comparison with much higher towers due to finish sooner but not started yet.

Before I put my money down earlier this year, I was told buildingss would be ready in 2009. So, perhaps you can take this as the latest news. Thanks :)

They were due to be completed in 2007 as origionally advertised. A 2 year slip is not acceptable to first rate developers but for these guys its business as usual

Ashka, i perfeclty know what i am talking about, but even towers which were announced later have started before the Park towers, no matter how far advanced infrastructure or anything is.

these were two of the first towers to be announced in DIFC; and they were in fact advertised as completion mid 2007 and it is 2009 now.

sure these are the latest news, they are correct and reasonable from damac, but if you were one of the launch buyers, it would mean two years delay, which is quite a lot, even for Dubai standards.

--------------------------------------------------------------------------------

Dubai Park Towers bids in
CONSTRUCTION UAE
13 Oct 2006
Dubai-based real estate developer Damac Properties is evaluating bids for its Park Towers project at the Dubai International Financial Centre (DIFC). The bidders include the local/German Al-Rostamani Pegel and India’s Shapoorji Pallonji Mideast.

The project calls for the construction of two oval-shaped, 30-storey towers, each with 216 apartments, office space and leisure facilities. Covering a total area of 12,000 square metres, the towers will overlook Park Boulevard at the DIFC. Egypt’s Engineering Consultants Group (ECG) is the consultant; US-based Gensler Architects drew up the scheme’s conceptual designs (MEED 3:9:04).

R

Got a letter this weekend from Damac saying that work has commenced on Park Towers.

October 19, 2006

http://www.damacproperties.com/new/manager_images/2006-20-22-7-park4.jpg

http://www.damacproperties.com/new/manager_images/2006-20-22-7-park3.jpg

http://www.damacproperties.com/new/manager_images/2006-20-22-7-park2.jpg

http://www.damacproperties.com/new/manager_images/2006-20-22-7-park1.jpg

--------------------------------------------------------------------------------

Dubai Park Towers bids in
CONSTRUCTION UAE
13 Oct 2006
Dubai-based real estate developer Damac Properties is evaluating bids for its Park Towers project at the Dubai International Financial Centre (DIFC). The bidders include the local/German Al-Rostamani Pegel and India’s Shapoorji Pallonji Mideast.

The project calls for the construction of two oval-shaped, 30-storey towers, each with 216 apartments, office space and leisure facilities. Covering a total area of 12,000 square metres, the towers will overlook Park Boulevard at the DIFC. Egypt’s Engineering Consultants Group (ECG) is the consultant; US-based Gensler Architects drew up the scheme’s conceptual designs (MEED 3:9:04).

R

Main contract has been awarded to "Shapoorji Pallonji Mideast". I have a question: Will these guys be up to the job?

no because they are local :rofl: only joking.

but one thing is for sure. they will be cheap-.

Khaleej Times Online (http://www.khaleejtimes.com/DisplayArticleNew.asp?section=business&xfile=data/business/2006/december/business_december704.xml)

DUBAI — Damac Properties, has appointed Shapoorji Pallonji (LLC) as the main contractor for this Dh600 million Park Towers project at DIFC.

The construction of the project will begin in January 2007 and is scheduled to take 27 months for final completion. The distinctively styled tower is reminiscent of The Gherkin in the City of London, and is fully linked to the DIFC by underground areas.

----------------------------------------------------------

A construction of 27 months is not very fast, but the shape is probably difficult to build. Shapoorji is also building the tallest in India (http://www.emporis.com/en/wm/bu/?id=140605).

Sharpoorji scores deal to build Park Towers for Damac



Damac Properties has awarded the US $163 million (AED600 million) Park Towers project at Dubai International Financial Centre to Indian contractor Sharpoorji Pallonji.

The construction of the two-tower residential project will begin in January 2007 and is scheduled to take 27 months to complete. The towers – which have been likened in style to London’s iconic ‘Gherkin’ designed by Norman Foster in the City of London – are fully linked to the DIFC by underground areas.

“Park Towers at DIFC will be built with the highest construction standards offering the latest in services and living standards. DIFC will host leading financial service companies and investors and we plan to build the best for them to suit their requirements,” said Peter Riddoch, CEO, Damac Properties.

The project includes 30,000m2 of retail space over two levels connecting into the DIFC retail spine, and over 60,000m2 of high quality office space spread across seven floors. Residential towers come with a mixture of penthouses, one, two and three-bedroom luxury apartments with a health club, gym, swimming pool and golf simulator.

Park Towers will be built over 515,000m2, including three basements and seven podiums. The project will overlook Park Boulevard at the region’s financial hub. Each of the towers will host a total of 216 units. The two towers will be linked through a multi-storey podium that will feature restaurants and shopping and retail spaces.

The enabling works by APCC, which commenced in October 2006, will be completed in January 2007.

Damac Properties also announced this month the launch of its first project in Dubailand – The Cyclades. The project, which is composed seven office buildings and named after the Greek Islands group of the same name, is a commercial property with Greek style architecture at Arjan, the master planned development within Dubailand.

finally

we have been waiting for such a freaking long time

so that could mean construction starts when the towers were scheduled for completion when they were launched :rofl:

well Damac always said they wud complete it in 2008 (never saying which quarter of 2008)... so if they stick to the 27 month plan now (right!), we can expect a maximum of one year delay (late 2009/early 2010).

As far as i know there was official completion date mid 2007 given on launch.

As far as i know there was official completion date mid 2007 given on launch.

Well, now there is a new official date. Thats' OK, isn't it? :cry:

02.03.2007

http://img87.imageshack.us/img87/6835/photo136ev3.jpg (http://imageshack.us)

http://img58.imageshack.us/img58/2627/photo143ae5.th.jpg (http://img58.imageshack.us/my.php?image=photo143ae5.jpg)http://img58.imageshack.us/img58/7978/photo144xt3.th.jpg (http://img58.imageshack.us/my.php?image=photo144xt3.jpg)http://img413.imageshack.us/img413/6020/photo145qy5.th.jpg (http://img413.imageshack.us/my.php?image=photo145qy5.jpg)

Isn't this hole it?

http://img58.imageshack.us/img58/2627/photo143ae5.jpg

yes , this hole, (from left Damac offices and storage)

can we call it UC?

Yes, forgot about it.

Latest pictures from damac website:

March 28th

http://damacproperties.com/new/manager_images/2007-31-2-13-DSC03418.jpg

http://damacproperties.com/new/manager_images/2007-31-2-12-DSC03417.jpg

http://damacproperties.com/new/manager_images/2007-31-2-12-DSC03416.jpg

http://damacproperties.com/new/manager_images/2007-31-2-16-DSC03419.jpg

12/April/2007

Park Towers board

http://img294.imageshack.us/img294/2706/photo009gc3.jpg (http://imageshack.us)

I love these towers! I can't wait for it to rise, i want it now, now! :nuts

these towers look like something else, i liked the older renders they didnt have this new unsightly shape

finally properly UC.. slight redesign indeed..

http://www.damacproperties.com/new/main/PictureGallery.asp?ProjectID=101

Progress ... at least

Why did they have to redesign these towers??? They were looking so good. I agree with AUS that the previous design looked much better... Damac, ggrrrr

04/May/2007

PARK TOWERS

http://img402.imageshack.us/img402/589/imresolt035dc4.jpg (http://imageshack.us)

http://img502.imageshack.us/img502/2534/imresolt030ad6.th.jpg (http://img502.imageshack.us/my.php?image=imresolt030ad6.jpg)http://img402.imageshack.us/img402/8260/imresolt031iq1.th.jpg (http://img402.imageshack.us/my.php?image=imresolt031iq1.jpg)

these towers look like something else, i liked the older renders they didnt have this new unsightly shape

ya dude i got the imagination as u:rofl:

^^ yeap

absolutely looks like 2 big cocks in the middle of dubai..way to go damac :bash:

great. just what i want to see out of my window in the morning.

giant cocks

The new design sucks!!!!! Man their buyers must be so pissed off........first of all the buildings are not getting built.....and when they are, they make some shitty redesign! :ohno:

redesign?
it's still the same

^^ no its not!

redesign?
it's still the same

No, I've put the 2 different renders underneath (the first one is the old one, the second one the new one). I don't understand why they had to redesign it... Maybe some technical issues, but designwise it is not an improvement IMO. And look at the base, what a difference!

http://img87.imageshack.us/img87/6835/photo136ev3.jpg

http://img294.imageshack.us/img294/2706/photo009gc3.jpg

everyone. email damac and ask them to change it back! im not sure which render to go by cus the website is still the old one, but lets ask!!

Why will they change the design because of a couple of mails ?

New base sucks but the first one was little unrealistic even for dubai !

and it is more bulbous on the top

as long it keeps the spires and shape its still a unquie tower + twin

May 28, 2007


http://www.damacproperties.com/new/manager_images/2007-29-3-18-Park-Towers4.jpg

http://www.damacproperties.com/new/manager_images/2007-29-3-17-Park-Towers2.jpg

http://www.damacproperties.com/new/manager_images/2007-29-3-17-Park-Towers1.jpg

http://www.damacproperties.com/new/manager_images/2007-29-3-18-Park-Towers5.jpg

Wow! Damac's buildings are being built! :cheers:

well like 2 years later right !

Wow! Damac's buildings are being built! :cheers:

yes everything but Ocean Heights

^^ And that one is the best! :(

why did they stop building it? was it cus the apartments were soooo expensive comparatively?

^^ Well the architects must have demanded a lot of money for such an amazing design! They need the money!

As many of you know but somehow deside to ignore, a private developer can start construction only once the plot has been handed over by the master developer. So there is no need to complain how late DAMAC is with this project, because construction could start much earlier if they were allowed to. You talk like if the whole DIFC would be completed and only Park Towers were not. We can talk about a bursted pipe in Marina Terrace forever, the people who paid 480DHS/sqft and can sell for 1600DHS have better stories to tell, trust me.

^^ That's not the case with Ocean Heights though. :tongue2:

As many of you know but somehow deside to ignore, a private developer can start construction only once the plot has been handed over by the master developer. So there is no need to complain how late DAMAC is with this project, because construction could start much earlier if they were allowed to. You talk like if the whole DIFC would be completed and only Park Towers were not. We can talk about a bursted pipe in Marina Terrace forever, the people who paid 480DHS/sqft and can sell for 1600DHS have better stories to tell, trust me.

So if this is what happened why didn't they just say this instead of trying to come up with whatever bullshit they usually come up with. Also why didn't they inform people about a change in the completion date the moment they found. Instead of saying "due to unforseen circumstances the project will be delayed by a year" why didn't they say "due to the fact that the assholes over at DIFC won't hand over the plot we are forced to delay the project by a year", seems like a much better idea to specifically state the reason for a delay rather than brush it under a carpet.

In fact this is the problem with pretty much all dubai developers. Example: developers in jumeirah village are quoting 2009 completion dates for towers when there's not even a single road in place. What utter bullcrap! They should stop presuming everyone buying their properties are idiots and just provide a realistic completion date from the beginning, that way there'll be no fuss and the shit won't hit the fan since there'll be no shit around. :)

They probably think more people would buy if they quote a completion date that's too early by 2 years because they presume most people are idiots. And they're probably right but they'll also have to deal with a angry buyers and a bad reputation of delays if they do this. If it was me buying into say, a 60 storey tower I'd much rather see 2011 than 2009, at least that way they wouldn't come across as such a bunch of lying bastards

^^ As I said on that other thread: Such BS are insults to our level of intelegence.

^^ That's not the case with Ocean Heights though. :tongue2:

Does Damac have Holding companies? :lol:

^^ I can't get the joke, but yes DAMAC HOLDING is a Holding company.

22/June/2007

PARK TOWERS

http://img514.imageshack.us/img514/8894/imresolt137uz5.jpg (http://imageshack.us)

http://img258.imageshack.us/img258/2752/imresolt135sr7.jpg (http://imageshack.us)

http://img514.imageshack.us/img514/3338/imresolt136ej1.jpg (http://imageshack.us)

27/July/2007

PARK TOWERS

http://img518.imageshack.us/img518/672/imresolt058qr7.jpg (http://imageshack.us)

http://img515.imageshack.us/img515/6682/imresolt059xm3.jpg (http://imageshack.us)

http://img518.imageshack.us/img518/2608/imresolt060fq4.jpg (http://imageshack.us)

http://img515.imageshack.us/img515/9110/imresolt061fd9.jpg (http://imageshack.us)

24/Aug/2007

PARK TOWERS

http://img211.imageshack.us/img211/9706/imresolt143tl2.jpg (http://imageshack.us)

http://img213.imageshack.us/img213/8171/imresolt144sn5.jpg (http://imageshack.us)

not much progress..

14/September/2007

Park Towers


http://img294.imageshack.us/img294/1046/imresolt038cv7.jpg (http://imageshack.us)

http://img368.imageshack.us/img368/8945/imresolt039ki2.jpg (http://imageshack.us)

What is here ???? :doh:

Redesign or what??!! :(:(:(:(

no, just DAMAC :)

^^:D:D:D:D:D:D:D:D:D

18/October/2007



http://img225.imageshack.us/img225/9145/imresolt026lm7.jpg (http://imageshack.us)

18/Oct/2007

Cityscape 2007

Park Towers, DAMAC

http://img250.imageshack.us/img250/1851/imresolt007fl4.jpg (http://imageshack.us)

http://img250.imageshack.us/img250/8348/imresolt008mo8.jpg (http://imageshack.us)

http://img250.imageshack.us/img250/1150/imresolt009sd2.jpg (http://imageshack.us)

http://img440.imageshack.us/img440/5904/20071438parktowere13110tl1.th.jpg

I can't help but think of snails when I see these towers.:lol:

They look at bit daft really.

damac did well for cityscape with park towers...they sold off all the office spaces...

and the retail has been increased from 4000 per sqft to ....5000..crazy seriously crazy..

Wow...the area looks really green!

damac did well for cityscape with park towers...they sold off all the office spaces...

and the retail has been increased from 4000 per sqft to ....5000..crazy seriously crazy..

Are you sure this development has office units? I think it is retail and residential.
:)

Are you sure this development has office units? I think it is retail and residential.
:)

i wnt be surprised if they dont even have retail or residential...only an empty outer shell...but yea dats wat they told me whn i checked with em for office space...

i wnt be surprised if they dont even have retail or residential...only an empty outer shell...but yea dats wat they told me whn i checked with em for office space...

U sound like you know where it's all happening. Good luck with the studies! :lol:

28/December/2007

Park Towers

http://img168.imageshack.us/img168/2668/imresolt049so1.jpg (http://imageshack.us)

http://img176.imageshack.us/img176/8804/imresolt050tx7.jpg (http://imageshack.us)

http://img262.imageshack.us/img262/6026/imresolt051pe9.jpg (http://imageshack.us)

Yes, progress! :lol:
^^ ^^

^^ dont laugh...at least this one is not a hole











ps: :lol:

I have loved these towers the first time I laid eyes on them! I'm sooo happy to finally have the chance to see this vid! :lovethem:

http://www.youtube.com/watch?v=NIZs_cPEzcU :nuts:

http://www.findmeapropertyindubai.com/images/parktowers/parkmain.jpg

:dance:

:cheers:

http://www.damacproperties.com/new/main/PictureGallery-v3.asp?ProjectID=101

they still kinda look the same as in december

Shear walls and columns are complete in podium areas.

Any height for these towers?

I thought there are 37 floors on each site when I asked the engineer on site?!
is that possible its been changed back to 30?

Any height for these towers?

I thought there are 37 floors on each site when I asked the engineer on site?!
is that possible its been changed back to 30?

I'm completely lost with this project. I just bought 1 br apartment at Park Tower B and I don't even know how many storeys the tower will have, which will be the final design.... I just emailed DAMAC to found out but I didn't get any response at the moment. According to the old design the towers have 30 floors, but the redesign shows around 40. On top of that the new design is much more ugly than the previous one in spite of suffering just slight changes. Anyone has info about it??

^^ do you have an image for the new render?
I also agree with what you say, this could be 40 floors!

AltinD, do you know if these towers will reach 200m by any chance?

^^ do you have an image for the new render?
I also agree with what you say, this could be 40 floors!


This is the only pic I got. My friend called DAMAC to found out what is going on with the redesign, but the guy who spoke with didn't know anything about it. According to him anything has changed, but he was not sure though.....
http://i76.photobucket.com/albums/j29/israma/newdesign.jpg

yuck. I hate the redesign! its so bland and boring, and reminds me of their "the waves" project with the colors. so generic, so bland, so damac!

I noticed Park Towers are cheaper than other projects at the same area in DIFC, like Liberty House, Limestone house or Index. Those are already 3200 Dhs psf while Park Towers are 2500 Dhs psf. Anyone knows why??

Typical... Get people excited with a unique design, then realize it's not so feasible and redesign the whole damn thing!

8/May/2008

Liberty House, Park Towers, Rolex Tower

http://img140.imageshack.us/img140/6494/imresolt058kf8.jpg (http://imageshack.us)

Great shot. Always the best! Thanks Imre.:cheers:

Are the Park Towers the buildings in front of the Index and right next to the curve of the road on the left?

Are the Park Towers the buildings in front of the Index and right next to the curve of the road on the left?

that's right. :cheers:

awesome

on the aerial few posts up, it seems to be a whole street there underground, is it just a subterrainian street or is it parking?? (the concrete strip running between the plots)

like these towers alot, nice organic contrast to the ÜBER-minimalistic block of the index (witch is my favorite), the difc is getting really dense and interresting.

I was thinking about the old block of flats there on S.Saed road (8 floors tall or something) will it remain, as a remindor of ald times or will we see towers replacing them in the future?

sorry about the amount of questions, hope to see some answeres from the pros

Yes, it is a subterranian street filled with galeries, restaurants, coffeeshops, museums, performing arts center.... This temperature controlled walkways will allow residents to traverse from DIFC to Dubai Mall !!. If you really look into it you will realise the posts of that street reach few meters away from Dubai Mall, so I guess the walkway will end up in there.

http://i76.photobucket.com/albums/j29/israma/GateBoulevard.jpg

http://i76.photobucket.com/albums/j29/israma/GateBoulevardGallery.jpg

30th May, by Imre

http://farm4.static.flickr.com/3166/2539982783_7982e5cdb8_o.jpg

http://farm3.static.flickr.com/2328/2539982603_6b9dbac1c1.jpg?v=0

Don't expect them on this stage !!! :eek: :eek: :okay: :cheers:

OH MY GOSH. They are incredibly slow. I watch the workers every day from by bedroom, so lethargic, and the crane doesent do much either. The Rosewood hotel tower, which is like 6 times larger is accelerating in growth! What on earth is Damac doing? I laughed when i saw a billboard in MoE saying that it would be ready in 2010

I noticed Park Towers are cheaper than other projects at the same area in DIFC, like Liberty House, Limestone house or Index. Those are already 3200 Dhs psf while Park Towers are 2500 Dhs psf. Anyone knows why??

Prices tend to escalate once completion is near

Breathtaking speed here....
July 18th, Imre.

http://farm4.static.flickr.com/3163/2681123099_665ac9c04f_o.jpg

http://farm4.static.flickr.com/3114/2681123155_33daeb3230_o.jpg

http://farm4.static.flickr.com/3241/2681123201_027958a1c5_o.jpg

http://farm4.static.flickr.com/3102/2681942914_e8bde07fd2_o.jpg

More..

http://farm4.static.flickr.com/3119/2681943424_7b49f1e2a6_o.jpg

http://farm4.static.flickr.com/3119/2681943424_7b49f1e2a6_o.jpg

I think good progress since start of June. The podiums have started to take shape and unique shaped towers will start rising over the coming months.
The design and ads have promised a lot. Let us see if they are really iconic!

Nice shots, by the way!

The progress is better, but the desing of the podium makes clear there's not space for gardens as they add everywhere. I'm really worry about how the final design of the towers will look like...

the towers will look amazing!!!!

Can't wait to see the cladding ..... :omg:

back in the days my driving school instructer said: "it doesnt matter how long it takes you to park, but how well it's parked"...on the other hand, looking at the index I also have to ask my self wtf. takes this long. at the beginning there was a story with some thick high voltage cable under the plot that had to be removed, but that story got old rather quickly.

Any updates?

deleted

Any updates?
I found these dated 25th Sep.
http://i33.tinypic.com/nybfb7.jpg
http://i34.tinypic.com/2w6xifk.jpg
http://i36.tinypic.com/2qcl4x5.jpg

i live in that white buidling next to the rose rotana, and i see this from my window. And i have to say, this looks like the most unsafe, (one of) the worst built, SLOWEST buildings to come up in the area!!! Started G/W same time as Limestone House which has topped out now and is just doing exterior decorating etc.

This has been taking ages!

oh Damac oh progressing... Mashallah Mashallah

http://i359.photobucket.com/albums/oo34/melkor_gds/DSCN0018.jpg?t=1224546823

God, can't wait to see the facade :eek: Unbelievable :cheers:

i live in that white buidling next to the rose rotana, and i see this from my window. And i have to say, this looks like the most unsafe, (one of) the worst built, SLOWEST buildings to come up in the area!!! Started G/W same time as Limestone House which has topped out now and is just doing exterior decorating etc.

What does you make think this construction is unsafe? I don't agree with you other than it's taking too long.

http://img517.imageshack.us/img517/7056/helicoptertour01nov0812ed4.jpg (http://imageshack.us)
http://img517.imageshack.us/img517/helicoptertour01nov0812ed4.jpg/1/w1600.png (http://g.imageshack.us/img517/helicoptertour01nov0812ed4.jpg/1/)

Must be this :hm:

http://farm4.static.flickr.com/3284/3066712503_d416e1f748_o.jpg

http://farm4.static.flickr.com/3049/3066712323_2512619f60_o.jpg

http://farm4.static.flickr.com/3065/3067552198_ca2d5e4507_o.jpg

http://farm4.static.flickr.com/3200/3066712833_fdd9f9f05e_o.jpg

Dated: 11 Dec 2008
http://i44.tinypic.com/symr91.jpg
http://i41.tinypic.com/2ut6ufk.jpg

Finally we start to see progress ... hopefully things won't slow down due to the current financial crisis. Also does anyone have any idea if DIFC will develop the commercial corridor which is supposed to run throughout the middle of DIFC??

It is happening as we speak. Check the concrete line that runs through the middle of the development.

It is happening as we speak. Check the concrete line that runs through the middle of the development.

That concrete line has been there for quite a long time but I don't see much happening on top of that.

http://i40.tinypic.com/i3ceue.jpghttp://i43.tinypic.com/2q83mep.jpg

They are kidding about garden and pool at ground level. Aren't they?
:cheers:

http://i40.tinypic.com/i3ceue.jpghttp://i43.tinypic.com/2q83mep.jpg

They are kidding about garden and pool at ground level. Aren't they?
:cheers:

Absolutely, no chance to see the nice lake in front of the building. It will have to be on the road..... just marketing BS I'm afraid to make the project look more appealing.

^^ that's right :ohno: .

09/January/2009

Park Towers

http://img514.imageshack.us/img514/8492/imresolt152th5.jpg (http://imageshack.us)

http://img406.imageshack.us/img406/8541/imresolt153rr9.jpg (http://imageshack.us)

http://img514.imageshack.us/img514/9315/imresolt154yi9.jpg (http://imageshack.us)

http://img406.imageshack.us/img406/7664/imresolt156bt7.jpg (http://imageshack.us)

Thank you Imre for the latest photos. Clearly we are starting to see quite good progress. After the six podium levels are done the progress will be faster as the podiums are very large as compared to the floor-space of the two towers. Does anyone have any idea when this tower gets completed??. It will definitely be a prominent landmark due to its unique design.

Some of the office towers in BB from DAMAC are pictured on the beach in the brochure so why do you get confused about a small forest around the Park Towers? :O)

Thank you Imre for the latest photos. Clearly we are starting to see quite good progress. After the six podium levels are done the progress will be faster as the podiums are very large as compared to the floor-space of the two towers. Does anyone have any idea when this tower gets completed??. It will definitely be a prominent landmark due to its unique design.

I think they need minimum 2 years from now, so in 2011 is still possible.podium almost done after would be rising fast.

I think they need minimum 2 years from now, so in 2011 is still possible.podium almost done after would be rising fast.

I guess you are suggesting that an extra year should be be allowed for Poolanji to get the beach effect right. :cheers:

I can't see this completing for another 18 months.

Hi Park Towers investors - Haven't posted for some months.

I am a Park Towers investor. I recently received following email

In June, 2007 the DIFC introduced the Real Property Law and Strata Titles Law and associated Regulations. The proposed laws were circulated widely for comment prior to their enactment. Following enactment of the Laws in June, 2007 any buyer of a property in the DIFC jurisdiction came under a legal obligation comply with the law. In particular, DIFC Real Property Law (DIFC Law No. 4 of 2007) (“the Law”) and Real Property Regulations (“Regulations”) introduced on 21 June, 2007 require you to-

¨ file a freehold transaction return
¨ complete and submit the due diligence form (form 101 attached);
¨ pay the freehold transfer fee of 3.5%, within 30 days of the operative date (effective date of the transaction); and
¨ lodge a Caveat for registration and pay the registration fee.

If you have not done so todate, you must comply with the above obligations by duly filling and submitting the relevant forms (attached below for your assistance) and payment the associated fees.

http://www.difc.ae/files/BACKGROUND INFORMATION SHEET.doc
http://www.difc.ae/files/DIFCA-RP-F-46 Freehold Transaction Return.doc
http://www.difc.ae/files/DIFCA-RP-F-42 Caveat 171208.doc

Please note -
1. Article 3.1 of Schedule 2 of the Real Property Regulations provides -
“The freehold transfer fee is based on the amount of the consideration paid or payable for the interest, or an amount that is 15% below the market value of the interest, whichever is the greater.”

2. Article 5.4 of Schedule 2 of the Real property regulations provides -
“If the fee is not paid within 30 days after the effective date of the freehold transaction, interest is payable at the rate of 5 per cent per annum until the fee is actually paid.”
The Law and Regulations also make provision for payment of penalties for offences against the law of US$1,000 each.
Accordingly, it is imperative that any non-compliance with the Law and contractual obligations with the DIFC be addressed urgently.
After due consideration and consultation with management, the Governor has issued an Executive Order providing for certain time extensions and interest and penalty waivers to facilitate compliance to be effected in a timely manner. Such waiver, if availed of, would entitle you to avoid the considerable financial burden which you would otherwise incur that strict compliance with the law as above stated.

The Executive Order provides, inter alia, as follows

1. That buyers and sellers within the DIFC be granted an extension of time within which they are required to lodge a Freehold Transaction Return,

Client Due Diligence and pay the outstanding Freehold Transaction Fee to 28 February, 2009; and

2. That buyers and sellers referred to in 3 above who comply with condition 1 above, a Freehold Transaction fee calculated at the rate of 3.5% on the original sale price, free of interest and penalty or other compliance with the Law and Regulations, will be accepted in full and final satisfaction of their obligation to pay a Freehold Transfer Fee.

We trust the above proposal will assist you in your obligation to comply with the Law.

For further queries kindly send your email to property.register@difc.ae

Yours truly,

Real Property Registry
DIFC | Dubai International Financial Centre


Has anyone else and is it for real? I would have thought this would be dealt by Damac.

^^ I have received the same letter from Damac and wondered at the time its
credibility.
The 3.5% transfer fee is also disturbing and questionable. I am not sure what to make of it.
I hope some one on the forum could provide a better explanation.

^^
The 3.5% fee is payable to the Difc authority - standard for all purchases in the DIFC. I had to pay the same for the Limestone house, and I know someone who got a similar notice for the Index.

^^
The 3.5% fee is payable to the Difc authority - standard for all purchases in the DIFC. I had to pay the same for the Limestone house, and I know someone who got a similar notice for the Index.

Opus 2009/Salim - Thank you for replying. I better make arrangements for the payment.
:)

^^I ll do the same. I do not know, yet, how and who to select in dubai for
attestation a caveat and of course, at what cost? Any thoughts will be appreciated.:cheers:

I live in UK so would very much appreciate help from anyone on this matter.

Opus2009 - would you be kind enough to advise. Thanks

This is also the same as buildings by DAMAN,,
From a direct source, you must pay the 3.5% to register or transfer on all DIFC property.

Now if you don't they will charge 5% interest, which some people might take.
If you refuse a final demand, they could take the property from you.

DIFC freehold is different from UAE freehold. You will have your own court, police and systems.

As to the fee, I am told by some people that they intend to delay and pay the 5% interest on the fee, which is

This is also the same as buildings by DAMAN,,
From a direct source, you must pay the 3.5% to register or transfer on all DIFC property.

Now if you don't they will charge 5% interest, which some people might take.
If you refuse a final demand, they could take the property from you.

DIFC freehold is different from UAE freehold. You will have your own court, police and systems.

As to the fee, I am told by some people that they intend to delay and pay the 5% interest on the fee, which is

All properties in DIFC need to be registered with DIFC and they charge 3.5% for that. When the property is sold the new buyer would have to pay the 3.5% again..

Also all property rentals have to go through DIFC Property Management and for that they will charge 20%. Its very steep no doubt.

All properties in DIFC need to be registered with DIFC and they charge 3.5% for that. When the property is sold the new buyer would have to pay the 3.5% again..

Also all property rentals have to go through DIFC Property Management and for that they will charge 20%. Its very steep no doubt.
Not quite Tax Free!

I met an official at the Difc authority today who confirmed that the rule of 20% rental to be paid out to Difc only applies to commercial lets. Residential lets are exempt and the landlord gets to keep the entire rent.

I met an official at the Difc authority today who confirmed that the rule of 20% rental to be paid out to Difc only applies to commercial lets. Residential lets are exempt and the landlord gets to keep the entire rent.

Thanks for sharing that. :cheers:
A DIFC address will be just as significant as Burj Dubai address. So, could a residential let be used as business/residential address or even just business and if so how do DIFC authorities apply their rules to such an arrangement?

Has anyone seen the progress on this project? The photos on the Damac website are quite old. Any feedback would be helpful. Thanks.

I met an official at the Difc authority today who confirmed that the rule of 20% rental to be paid out to Difc only applies to commercial lets. Residential lets are exempt and the landlord gets to keep the entire rent.

Thanks for the info Opus. Still 20% of commercial rent going to DIFC is very very steep, specially when the market is getting soft.

Any idea what office rent we can expect per sqft??

DIFC will bean excellent project if we can get through the current financial crisis which is crippling the very companies that are supposed to be the lifeblood of DIFC. However I am hopeful in the long run.

Current rents are in excess of Dhs 500 psf (I know someone who has a small office in Gate Village and is paying almost twice that amount as rent).

Due to the lack of availability of commercial space, some companies had been given permission to operate from outside the Difc. I understand that these companies are being asked to locate to the DIFC now that more space is available, or imminent.

Thanks for sharing that. :cheers:
A DIFC address will be just as significant as Burj Dubai address. So, could a residential let be used as business/residential address or even just business and if so how do DIFC authorities apply their rules to such an arrangement?


^^
That will be great for owners for residential property in the difc if they were allowed to rent out as commercial. After all the rents psf are more than twice on commercial as compared to residential in that area.

However don't see Difc approving of this, let alone the developers of the buildings. It is common to see businesses operating out of residential buildings/but haven't come across any such instances in the freehold areas. Perhaps the rules are being tightened.

http://www.ameinfo.com/184905.html

http://i44.tinypic.com/2vwik44.jpg

Park Towers at DIFC by 2010

http://www.business24-7.ae/Articles/2009/2/PublishingImages/2_16_2009/eb24_parktowers_16_small.jpg

In Monday, February 16, 2009

Construction work on the Park Towers at DIFC is rising by a floor every week and will be complete by 2010, property developer Damac has announced.

Contractors Shapoorji Pallonji are currently completing a floor every six days – and are making good progress, said Peter Riddoch, CEO, Damac Properties.

The progress at Park Towers according to him is now typical of the emphasis being placed on delivery by Damac Properties.

"We are working hard with our contractors to ensure they understand how important it is for us to move forward in a positive direction together, said Riddoch. "In these times of market uncertainty we feel that there is no better way to demonstrate our commitment to our customers than by achieving the level of progress seen at Park Towers. This sends out a strong signal to customers that it is business as usual," said Riddoch. The North Tower has reached the fifth floor and the South Tower is at level three. The seven podium levels have already been completed.

http://business24-7.ae/Articles/2009/2/Pages/02162009_3482ff1acd344455862be4b59c10edee.aspx

Great, good news !! :okay:

http://i42.tinypic.com/2w5664k.jpg

Well done, Damac. :banana:

We are definitely seeing some good progress on Park Towers. This is Damac's high profile project. The unusual design and the location will attract a lot of attention and Damac knows that, so they need to do an excellent job on this project to improve their brand awareness and recognition.

^^
You are spot on and I believe Damac knows this will be its showcase location.

http://i42.tinypic.com/2w5664k.jpg

Well done, Damac. :banana:

launch was in 2004 , this is good progress after 5 years?:)

^^
You are being harsh, Imre! I know you don't like Damac but you know the facts. DIFC did not release the plot until early/mid 2006. It would be lovely to see these up and looking as intended but they won't be ready until next year. I think foundation work started late 2006. So, progress is reasonable in 27 months.
Anyway, I guess construction gets easier as floors get smaller and smaller, moving up. They should have the structure done by Aug/Sep time.
:cheers:

I like Damac and just told the progress:)

I like Damac and just told the progress:)

Thanks. How about posting some pictures of progress? :)

Thanks. How about posting some pictures of progress? :)

I wanted to go to the SZR and the DIFC last Friday but the weather was bad but this week I am going there :)

I like Damac and just told the progress:)

Imre you are right about lack of progress if you compare progress to 2005 when it was first announced. I was comparing it to the last few months specially the last 4 months when we really started to see the building emerge.

I have always been intrigued by its design so I am keen to see it ready.

Personally I dont think Damac is one of the top tier developers in Dubai. I heard their first couple of projects in Marina have had a lot of problems ie quality issues.

I went into Waves and was not too impressed.

The Project started slow, but keep in mind that the Podium is really big and that was going to take time.

The Project started slow, but keep in mind that the Podium is really big and that was going to take time.

It started at the same time as the Index, which has Topped out! lol Damac Suck! but i suppose they are speeding up a bit...

From Imre today:
(Park Towers right behind Index)
http://img410.imageshack.us/img410/1883/imresolt020gz5.jpg

very good concrete works:)

20/February/2009

Park Towers

http://img172.imageshack.us/img172/2743/imresolt031fg0.jpg (http://imageshack.us)

http://img201.imageshack.us/img201/8324/imresolt034va1.jpg (http://imageshack.us)

http://img365.imageshack.us/img365/4421/imresolt035jk7.jpg (http://imageshack.us)

http://img201.imageshack.us/img201/7100/imresolt036gm2.jpg (http://imageshack.us)

http://img7.imageshack.us/img7/1474/imresolt039ye9.jpg (http://imageshack.us)

THANK YOU. :banana:

Thanks Imre, nice photos. Looks like they are making good progress now. Maybe the crisis is helping in the sense that instead of launching more and more projects they are finally focussed on completing something. Its amazing how the crisis and the fast construction progress are timed so perfectly together. If Damac do a good job on this tower it will go a long way to salvage their somewhat tarnished image.

Hi everyone,

As a retail unit owner in Park Towers from the UK, I have not received the registration documents for DIFC.

Who should I contact for these ?
From reading this forum I understand there will be a penalty due if not payed before Feb 28 ?

MH1