View Full Version : #COMPLETED: MARINA PINNACLE, 73F Res, 280m


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depassage298
August 13th, 2011, 09:15 PM
Any justification for the 5000 aed admin fees?

Chiller fees charged monthly as MP has it's own chiller ==> how much will it be charged? Is there a meter for the A/C installed for each unit?

ramzy
August 14th, 2011, 07:51 PM
Spoke with Hamdy. He kept saying reg fees are responsibility of buyer regardless of 1%.,2%,3%.... I am also able to pay instalment now and fees later when I visit Dubai.

Will be going to land registry myself.

The admin charges are for them sorting out stuff on our behalf. Although he was not clear what exactly for.

Someone else want to speak with them and see what answers you get from them. Don't expect a reply to your emails. He has not replied to any of mine :(.

depassage298
August 14th, 2011, 09:49 PM
What will happen if you pay the installment but don't pay the fees (Maintenance, Registration...)?

How do you proceed with the land registry by yourself, is it more cost effective?

I have tried to discuss with this Hamdy many times and it end up in big argument. We can not have a proper discussion with him.

PrincessTower
August 15th, 2011, 05:44 PM
15-aug
http://i900.photobucket.com/albums/ac210/PrincessTower/zzIMG_3046.jpg

msamre
August 16th, 2011, 12:05 AM
Have a look at rera website. Google law no 7 or law 13. I can't remember which one it is.

I already emailed mr hamdy and no reply yet.

If it is mentioned in the S&P agreement that the buyer would pay 2% or it is mentioned that the buyer will bare the cost on behalf of the developer then yes the agreement over right the Law.

But if it is not clearly mentioned then the buyer should bare only 1% + AED380 as per the law and fees list

JimDublin
August 16th, 2011, 09:50 PM
Have been watching thread and seen that final demands with fees have been requested from many Investors. I have paid 90% but have not heard anything from Tiger regarding final payment. Are only some purchasers being pushed for payments. Mine is on 10th floor. Anybody else in this position?

Audi04
August 17th, 2011, 07:20 PM
Have been watching thread and seen that final demands with fees have been requested from many Investors. I have paid 90% but have not heard anything from Tiger regarding final payment. Are only some purchasers being pushed for payments. Mine is on 10th floor. Anybody else in this position?

I am over 90% paid on my apartments and received an email for delivery and to clear all o/s balances. I believe all investors have received the same email. You need to contact them to clear the matter.

From what I have been reading it appears we are in for a surprise such as no kitchen equipments and many other disappointing breach of the contract terms.

I will be in Dubai in September and already given my agreements to a lawyer to ensure all terms have been fulfilled or to file a case against Tiger.

pinnacle1
August 23rd, 2011, 07:17 PM
I have just come back from Dubai. What a load of shit we have been sold. Met the wanker Hamdy, had major row with him. Tiger are in big trouble. All final payments are going in Walheed Mohammed Mohammeds back pocket. Hamdy told me they still have 250 apartments to sell, so will be renting them, so dont bother asking Tiger to rent your own one in future, as you will be kept waiting until all theirs are let. The snagging alone on my apartments should keep Tiger busy for the next few months. I would also suggest don't take the ridiculous compensation Tiger are offering for the non delivery of the cooker,washing machine,refridgerator and wardrobes. There is an illegal gas pipe running up the wall behind the cooker. The heat of any cooker will probably cause an explosion. How this apartment block has been passed is beyond me. It's a death trap. Only one lift was working, fire alarms were covered up, so not tested, how can anyone with any sense take delivery of their apartment in this state. You would never do this in England or most countries, so why do it in Dubai. I get fed up of the wets on here saying, I think we ought to accept the apartments and put a new kitchen, bathroom and redecorate. Grow some balls,stick up for yourself.

Audi04
August 25th, 2011, 02:10 PM
I have just come back from Dubai. What a load of shit we have been sold. Met the wanker Hamdy, had major row with him. Tiger are in big trouble. All final payments are going in Walheed Mohammed Mohammeds back pocket. Hamdy told me they still have 250 apartments to sell, so will be renting them, so dont bother asking Tiger to rent your own one in future, as you will be kept waiting until all theirs are let. The snagging alone on my apartments should keep Tiger busy for the next few months. I would also suggest don't take the ridiculous compensation Tiger are offering for the non delivery of the cooker,washing machine,refridgerator and wardrobes. There is an illegal gas pipe running up the wall behind the cooker. The heat of any cooker will probably cause an explosion. How this apartment block has been passed is beyond me. It's a death trap. Only one lift was working, fire alarms were covered up, so not tested, how can anyone with any sense take delivery of their apartment in this state. You would never do this in England or most countries, so why do it in Dubai. I get fed up of the wets on here saying, I think we ought to accept the apartments and put a new kitchen, bathroom and redecorate. Grow some balls,stick up for yourself.

Could you share what arrangement you reached with Tiger? If you are not accepting compensation for the promised cookers etc so what deal have you reached. Have you taken legal action against them or are you planning to?

pinnacle1
August 25th, 2011, 08:23 PM
Unfortunatley I can't, as there are certain people who look at this site, and are very much in bed with Tiger.So be careful what information you share. Lets just say don't give in, certainly dont accept their paultry compensation for all the white goods and wardrobes. You could never buy and install them for that price,and if they are not installed right, you will be liable.

UKDXB
September 2nd, 2011, 10:43 AM
Spoke with Hamdy. He kept saying reg fees are responsibility of buyer regardless of 1%.,2%,3%.... I am also able to pay instalment now and fees later when I visit Dubai.

Will be going to land registry myself.

The admin charges are for them sorting out stuff on our behalf. Although he was not clear what exactly for.

Someone else want to speak with them and see what answers you get from them. Don't expect a reply to your emails. He has not replied to any of mine :(.

We were thinking of going to land registry ourselves also. At least that way we would have the title deed without involving Tiger, meaning the property can be sold.

Although I have no idea how to arrange the land registry applications etc. Does anyone have any information or advice?

Cheers

PrincessTower
September 13th, 2011, 10:10 AM
They've installed nice spot lights along the sides of the podium that create those two vertical beams. Looks really good and enhances the appeal at night quite a bit. They were on last night.

icemannapoli
September 16th, 2011, 12:00 PM
Good news PT... they finally seem to have put attention on details...

Here a new picture taken by Imre

http://i51.tinypic.com/303k003.jpg

PrincessTower
September 17th, 2011, 08:58 AM
Sulafa tower has those same lights on its podium.

I was in both towers yesterday. Pinnacle had only few lifts working, took ages to get up. but that should only be temporarily.

they were putting up chrystal look (glas) chandaliers in the entrance hall. they looked all right. In the corner there was this fake big rock water fall that looked like bought for cheap right from the Chinese Dragon Mart. Not something a proper interior designer would put IMO. but hey, no worries, any of those small items can be changed/removed/upgraded in a minute.

it was guite busy inside. felt like the place finally opened. overall impression of the quality was one of the lowest I have seen so far. one might want to consider upgrading some of the interiors before moving in or renting out.

the views from the apartments and balconies were better than I expected. quite nice actually. didn't feel like you were totally blocked by other buildings, view is still quite impressive. what I didn't like is that you can see into other units rooms from you balcony, particularly the unit on floor below and on the side. and vice versa. lots of dust inside - needs proper cleaning soon.

a new supermarket has just opened next door in MAG218. Otherwise there is Spinneys (best choice IMO) two minutes away.

ramzy
September 17th, 2011, 09:26 AM
Thanks PT.

Did they let you in the apartments even if you are not an owner?

I am coming in Oct for handover and i hope they have cleaned my unit. We all know about the quality of the fittings. Tiger have really pissed all of the investors off because of the fittings. Like you say it can be replaced but it's gonna cost something and a bit of hassle.

I think the location is good. The views are good like you say depending upon aspect you have. My unit is facing the marina and half obscured by The Torch but I got sea views from the right. FOR NOW. :)

Did you manage to get any photos of the interiors or communal areas.

I hope they have cleaned up the communal areas. There are lots of pools inside. Spoilt for choice!

Was it busy with tenants or Tigers own staff?

PrincessTower
September 18th, 2011, 12:12 PM
Thanks PT.

Did they let you in the apartments even if you are not an owner?

I am coming in Oct for handover and i hope they have cleaned my unit. We all know about the quality of the fittings. Tiger have really pissed all of the investors off because of the fittings. Like you say it can be replaced but it's gonna cost something and a bit of hassle. Landlords, get it ready first before you put it on the market. You just scare people away from the tower, and on top waste everybody's time.

I think the location is good. The views are good like you say depending upon aspect you have. My unit is facing the marina and half obscured by The Torch but I got sea views from the right. FOR NOW. :)

Did you manage to get any photos of the interiors or communal areas.

I hope they have cleaned up the communal areas. There are lots of pools inside. Spoilt for choice!

Was it busy with tenants or Tigers own staff?


Well, acutally I had a look at a rental unit through the sales office onsite. To be honest, I would not consider signing a lease agreement there since the units I saw were not even close to being ready to move stuff in. You would have to spend a lot of time and effort to get it finished and tidy. Which tenant woulde ever do that?! Landlords, do you homework before putting the units on the market. it will just drive people away from the building, and waste everybody's time.

The sales agent did the best he could to scare me away from the tower, really. Gave me access to totally messy units by myself, no information, no conversation. I've heard the same from others who went for a supposingly serious viewing and ran away.

Didn't take pictures since it wouldn't really be fair to publish anything showing today's condition IMO. The units are going to be nicer than their current appearance for sure.

there were several workers in the lobby working on decoration and cleaning. looks all right.

the hallways on the residential floors I saw were cleaned of dust enough to walk through, but not properly clean. super cheap materials, and wallpaper. well, you'll probably get used to it after a week.

Haven't looked at the pool.

not sure who all the people were - tenants or staff. I saw people with suitcases looking like they were checking in.

On a very positive note, I was surprised to see how bright and sunny the 3-BR (or 2 bed? can't remember) unit was that I went to see. huge floor to ceiling windows in the living room. several balconies. high ceilings. it's going to be nice after the "house warming" has taken place.

ramzy
September 18th, 2011, 11:23 PM
Cheers PT. I better bring my cleaning rags then. :(

gaso
September 19th, 2011, 05:42 PM
Hi
I visited last Thursday morning. I confirm having seen workers in the lobby installing lights and all. Very small lobby indeed. I visited freely by myself and seen the indoor pool ( not bad), the jacuzzi (small, not all with water), the separate gyms for men and women (many tools all new and never used), the outdoor pool (sadly, very small, considering our neighboring towers), the parkings... I also visited my appartment, facing Marina. The view is partially (half) blocked by the Torch. But, walking in the end to end balcony you have a nice view of Marina on the left and the Palm+sea on the right. Pretty nice, although of the Torch! What bothers me is the lot next the Torch, huge! If they build another tower there then forget Marina view!
I also visited a 2 BR on a higher floor, making believe I wanted to buy. Lots of light, facing the Palm (partial view) and the sea. But tiny balcony. Price is 700 AED x sqf, while market value there is between AED 500 and 600 max.
ALL have lousy material finishing, wires coming out from ceiling, holes in bathroom and kitchen, very very dirty, dusty and smelly... You will need to do by yourself some deep cleaning, change kitchen cabinets, get appliances and I would need to furnish the bath and re-paint all. Also, consider parquet to cover ugly tiles... Then, enjoy! I definitely paid for being in this high end location, not for the building/finishing. Therefore, I will not be making money but I will not lose much value. It will pick up: at night, all Marina is jammed full of people in restaurants, caffés and bars. It is the place to be. Cheers

depassage298
September 21st, 2011, 11:40 AM
I tried to negotiate the Admin Fee (5000 Aed!!!) and the 1% registration fee.
Response: No.

Imre
September 23rd, 2011, 03:52 AM
22/September/2011

Marina Pinnacle

http://farm7.static.flickr.com/6155/6172719112_c23dc32e3a_o.jpg

ramzy
September 23rd, 2011, 08:30 AM
Cheers Imre

What a sight for sore eyes for those living higher than the top of MP. The building needs a a good scrub and those blue containers on top should have been same colour as building :(

PrincessTower
September 24th, 2011, 09:40 AM
...The building needs a a good scrub... :(


right this moment there are a few guys abseiling the facade to give it a scrub. facade colors are getting more saturated.

ramzy
September 24th, 2011, 10:24 AM
Thanks PT.

Do you mean saturated because of dirt/dust build up or naturally changing colour because of exposure to natural elements?

If the latter I presume that's normal???

PrincessTower
September 24th, 2011, 04:42 PM
24-sept

looks more green and nice now. doesn't come out that well in this picture with the light that time. but you can tell the building is getting shiny.


http://i900.photobucket.com/albums/ac210/PrincessTower/xMarinaPinnacle.jpg

Imre
September 24th, 2011, 06:10 PM
Cheers Imre

What a sight for sore eyes for those living higher than the top of MP. The building needs a a good scrub and those blue containers on top should have been same colour as building :(

Not a nice view from Torch 3 BR/s

24/September/2011

Marina Pinnacle, roof

http://i56.tinypic.com/2v2xo46.jpg

PrincessTower
September 24th, 2011, 08:47 PM
^^solution: long range paintball gun.

Imre
September 24th, 2011, 09:26 PM
Will have great view from those Marina 101 apartments as well :)

Full BMU , A/C and water tank view..

ramzy
September 25th, 2011, 12:05 AM
Thanks PT. Does look better even from your shot.

Why are those Ac tanks on the top visible yet other buildings don't seem to display them on top? Is it a different way of AC supply?

PrincessTower
September 25th, 2011, 09:02 AM
Why are those Ac tanks on the top visible yet other buildings don't seem to display them on top? Is it a different way of AC supply?

other buildings have them, too, but build something around it. Crowns, domes, fins, etc.

ramzy
September 25th, 2011, 01:30 PM
I feel sorry for those 3 bed torch owners who have that view of blue tin pots :(

depassage298
September 26th, 2011, 03:54 PM
has anybody tackled the 2% instead of 1% registration fee?

ramzy
September 26th, 2011, 11:32 PM
I asked Rera / DLD. They said it depends upOn what is defined in your spa.
My spa says buyer pays all fees and therefore unless i can negotiate with developer, I am responsible.

depassage298
September 27th, 2011, 08:10 AM
I asked Rera / DLD. They said it depends upOn what is defined in your spa.
My spa says buyer pays all fees and therefore unless i can negotiate with developer, I am responsible.

Tiger told me that I am free to approach the Land Department.
If we approach the Land Department to make the registration, will it be 1% ?
If not, then we have no other recourse than to pay.

ramzy
September 27th, 2011, 08:23 AM
I suspect it will be 2% if Tiger don't want to pay a 1% share of it.

Imre
October 8th, 2011, 03:34 PM
8/October/2011

Marina Pinnacle , 1 Br interior photos

http://i56.tinypic.com/2ed2mb4.jpg

Photos:

http://www.flickr.com/photos/imresolt/sets/72157627844806456/

gaso
October 8th, 2011, 08:37 PM
8/October/2011

Marina Pinnacle , 1 Br interior photos

http://i56.tinypic.com/2ed2mb4.jpg

Photos:

http://www.flickr.com/photos/imresolt/sets/72157627844806456/

Nice pics Imre. Thank you! But what is your appart number (without indicating the floor please)? I have a 1 BR too, in the central block (appart # 11) but it looks different. Especially the kitchen. I have a full door to the balcony not just a window. Is yours type 11 too or are you just on my side? I suspect on the Right from central block, once I stand in my balcony, is it? But yours looks very clean and nice, mine is sooooo dirty!! Also, no lights, just a couple of wires coming from the ceiling. Anyone knows how it works to get electricity? Does Tiger apply for you and get it for you, once you own or you have to do it by yourself? Thanks, you are indeed very helpful.

Imre
October 9th, 2011, 03:21 AM
Nice pics Imre. Thank you! But what is your appart number (without indicating the floor please)? I have a 1 BR too, in the central block (appart # 11) but it looks different. Especially the kitchen. I have a full door to the balcony not just a window. Is yours type 11 too or are you just on my side? I suspect on the Right from central block, once I stand in my balcony, is it? But yours looks very clean and nice, mine is sooooo dirty!! Also, no lights, just a couple of wires coming from the ceiling. Anyone knows how it works to get electricity? Does Tiger apply for you and get it for you, once you own or you have to do it by yourself? Thanks, you are indeed very helpful.

Thanks, this is my friend apartment, type 10 facing the marina , lower floor , 747 sqft.

For electricity and water,you have to open a DEWA account , 1000 dhs deposit (refundable) and 110 Dhs connection fee , nearest office in Discovery Gardens .

msamre
October 10th, 2011, 01:25 AM
I asked Rera / DLD. They said it depends upOn what is defined in your spa.
My spa says buyer pays all fees and therefore unless i can negotiate with developer, I am responsible.

I agree that is as per the law.. if it is stated in the SPA thaT THE BUYER WOULD PAY ALL THE RELATED DLD REGISTRATION COSTS ON BEHALF OF THE SELLER oR THAT THE BUYER SHALL PAY THE 2% REGISTRATION FEES AND ALL OTHER ASSOCIATED COSTS

msamre
October 10th, 2011, 01:43 AM
We were thinking of going to land registry ourselves also. At least that way we would have the title deed without involving Tiger, meaning the property can be sold.

Although I have no idea how to arrange the land registry applications etc. Does anyone have any information or advice?

Cheers


Up to my knowledge DLD Registration requirements:

1- Title Deed of the Project
2- Owners Passport Copy
3- Copy of SPA agreement
4- Accredited Unit area Servay for the project
5- Non objection Letter from the Developer that the Buyer pay all the Outstanding as per SPA
6- AED 2% of the Selling price + AED380

ramzy
October 10th, 2011, 06:58 AM
Hi MP owners

I visited Tiger offices yesterday and they said that the NOC has not been issued by DLD as the project submission went through a redraft and hence new submission is being or been made.

I was also shown the contract of sale document which is in the oqood system which shows the DLD emblem on it and rather worryingly it says sold area of 774 sq ft rather than 747 which is in my spa.

Can anyone confirm they have a copy of this doc for their unit and whether they show an increase for your unit? The service changes are based on the figure in that system which spa was registered.

depassage298
October 11th, 2011, 05:55 AM
Hi MP owners

I visited Tiger offices yesterday and they said that the NOC has not been issued by DLD as the project submission went through a redraft and hence new submission is being or been made.

I was also shown the contract of sale document which is in the oqood system which shows the DLD emblem on it and rather worryingly it says sold area of 774 sq ft rather than 747 which is in my spa.

Can anyone confirm they have a copy of this doc for their unit and whether they show an increase for your unit? The service changes are based on the figure in that system which spa was registered.

What does it mean if NOC has not been issued?
Did you pay your final installment and got your keys?
Did they connect the DEWA on your behalf?

ramzy
October 11th, 2011, 07:21 AM
I will leave experts to answer about the NOC?
Yes I got keys.
Tiger won't connect DEWA for you. You can do it yourself or let your letting tenant do it.

We took handover yesterday and when we did snagging there were 50+ items. Foreman resolved mostly and only 2 things remain. unit looks respectable now.

Communal areas are ok. They have fitted Nice chandeliers in lobby, only wish they could have done same in our units.

The building is quite busy with handovers and tenants.

We were also shown other units for comparison in same building, one of which was a wealthy arab's. OMG owner has spent a fortune doing the place up and have gutted and refitted Mostly everything.

You may also pay service charges quarterly rather than lump sum.

depassage298
October 12th, 2011, 06:58 AM
I am wondering if you miss the payment for services charge, what will happen?

depassage298
October 14th, 2011, 03:36 AM
Ramzy,

How are you going to pay your A/C consumption?
Is there any meter or something or it will be just electricity bill?
Same for gas consumption?

Have you negotiated something before handover?

ramzy
October 14th, 2011, 09:03 AM
I think it's monthly. Did not negotiate anything.

They mentioned something about meter but can't recall what they said. Call grace!

Audi04
October 21st, 2011, 01:48 PM
Any thing new?

ramzy
October 21st, 2011, 11:25 PM
Nothing new except that it's not easy to find a tenant. Communal areas let this project down in my opinion.

depassage298
October 23rd, 2011, 08:01 PM
Visited MP last week end, only 1 lift was working and without A/C, used also by workers.
Corridors dirty and A/C covered with moisture.

mohamed hamada
October 25th, 2011, 01:01 PM
Hi all
i'm looking for rent on pinnacle tower
so you have 1 or 2 bedroom and how much is the price
thanks

ramzy
October 25th, 2011, 10:23 PM
Hi all
i'm looking for rent on pinnacle tower
so you have 1 or 2 bedroom and how much is the price
thanks

Hi Mohamed

I have private emailed you details.

Regards

msamre
October 31st, 2011, 06:45 PM
Current Rental Rates:
1BR= 45-52K
2BR= 59-69K
3BR= 90-105K

Sam Balan
October 31st, 2011, 08:32 PM
Hi guys. Whats the latest developement with Marina Pinnacle?

True Blue
November 3rd, 2011, 01:40 AM
Current Rental Rates:
1BR= 45-52K
2BR= 59-69K
3BR= 90-105K

Oh dear!

This is what I feared would happen in the tallest block. Could put the nail in the coffin for developments like Marina 101.

depassage298
November 3rd, 2011, 07:34 AM
Current Rental Rates:
1BR= 45-52K
2BR= 59-69K
3BR= 90-105K

Complete waste of money and time.

Morrismarina
November 3rd, 2011, 11:53 PM
Oh dear!

This is what I feared would happen in the tallest block. Could put the nail in the coffin for developments like Marina 101.

Not happening at The Torch though is it TB ??

So your comment intimating (by lack of clarification) that this is happening in all of the tallest block is typical of the way you intentionally place misleading comments on this forum.

Like you always say the better quality units will always hold up. :banana:

True Blue
November 4th, 2011, 12:18 PM
The Torch is fairing much better than Marina Pinnacle in terms of rentals and seems to be on a par with Marina Heights. The Torch is not as "built in" as Marina Pinnacle yet!

I don't understand the use of your little :banana: I thought you had sold your Torch unit, or were you just kidding?

Morrismarina
November 4th, 2011, 10:30 PM
I don't understand the use of your little :banana: I thought you had sold your Torch unit, or were you just kidding?

I sold it May 2009 but I still have a soft spot for TT and would like see it do well........that's all. :cheers:

PrincessTower
November 7th, 2011, 11:12 AM
The Torch is ... in terms of rentals and seems to be on a par with Marina Heights.


...not even close if those are the going Torch rates:

1BR= 45-52K
2BR= 59-69K
3BR= 90-105K


MH rates are quite a bit higher.

bizzybonita
November 7th, 2011, 07:35 PM
Complete waste of money and time.

I guess these numbers not represent only MP but it will be after 3 years the most common rate here on entire Dubai .

(if the government not support our investments )


let them support the developer right now then they will knew on long term how Dubai is cheap without us ...

support the investors then the developers.


:cheers:

Imre
November 8th, 2011, 05:12 AM
...not even close if those are the going Torch rates:

1BR= 45-52K
2BR= 59-69K
3BR= 90-105K


MH rates are quite a bit higher.

This is for Marina Pinnacle, Torch rate higher :

1 BR 60-75K
2 BR 75-100K
3 BR 120-150K

mohamed hamada
November 8th, 2011, 07:49 AM
This is for Marina Pinnacle, Torch rate higher :

1 BR 60-75K
2 BR 75-100K
3 BR 120-150K


if there is 1 bedroom at torch tower with 60 i'll take it now

PrincessTower
November 9th, 2011, 04:04 PM
This is for Marina Pinnacle, Torch rate higher ...


sorry, got confused there. sounded too cheap to me for the torch. sound correct for MP. no offence.

glover
November 30th, 2011, 02:46 AM
anyone who wants to sell a sea/marina-facing 1BR here please email me at "smaduh@gmail.com" or send a PM. will pay AED 590k cash.

Sam Balan
November 30th, 2011, 06:29 PM
oo

MacroOAM
December 4th, 2011, 06:59 AM
Dear Marina Pinnacle Interim Owners Association,

The purpose of this post is to introduce my organization, Mace Macro Owner Association Management (Macro OAM), to you. We are a professionally licensed provider of Owner Association Management services with our headquarters based in Dubai.

Our primary purpose as an owner association management company is to assist in the administrative, financial and technical affairs of the owners association; our services include:

Administrative Management
- Prepare and issue notices for Annual General Assembly and Extraordinary Assembly meetings
- Assist with preparation of Agenda, voting papers and other forms required during General Assembly
- Distribute minutes of the annual General Assembly
- Prepare and issue notices of Owners Association Board meetings
- Prepare and issue notices to Owners regarding compliance with Owners Constitution
- Attend to the instructions of the Owners Association Board
- Maintain records for Owners Association as required under Jointly Owned Properties law
- Maintain records of notices served, minutes of meeting, Owners Constitution, by-laws and other applicable resolutions
- Refer all applications, correspondence, inquiries, complaints and requests for information to the Owners Association Board for its consideration and action
- Follow established and agreed procedures for obtaining authority and instructions from the Board and promptly comply with instructions received from the Board
- Update all relevant information onto online community web portal for online access to owners and residents

Financial Management
- Assist Owners Association Board with preparation of draft budgets for general and reserve funds
- Prepare annual statements of accounts in respect of each financial year
- Facilitate payment of service charges with respect to each Owner's entitlement
- Facilitate payment of insurance premiums and any other financial obligations of the Owners Association
- Management of accounts payable and receivables of all income and expenses against general and reserve funds

Facilities Management
- Prepare request for proposal for tendering of supply agreements with service providers for facilities maintenance services and insurance protection;
- Assist with evaluation of supply agreements between owners association and service providers
- Supervise and monitor service provider performance against key performance indicators and contractual obligations
- Provide a Computer Aided Facility Management (CAFM) system that supports a 24/7 helpdesk service for all reactive and emergency matters
- Manage an effective maintenance plan through long term planning with an emphasis on reducing operating costs
- Manage the delivery of all property and community related services for all common area facilities
- Prepare specifications and standard operating procedures for all service providers
- Provide health & safety specialist advice on all operational matters
- Provide technical advice and guidance on all building and property related matters
- Prepare life cycle costing and reserve fund assessment
- Provide project management support and control for association activities
- Propose energy management and environmental management plans with the aim of reducing operating expenses

As an association management company, one of our main goals is to 'make a difference' in your community by adding value to areas where others don't. We would be pleased to meet representatives of the Interim Owners Association to explain how we can add value to the Marina Pinnacle community.

Please let us know if you would like to learn more about how we can be of assistance and we will gladly attend a meeting at a time of your convenience.

Kind regards

Roger Ghandour
Director of Association Management
Mace Macro Owner Association Management
PO Box 28654, Dubai, UAE

t: +971 (0)4 339 7958
f: +971 (0)4 339 7957
m: +971 (0)50 812 1027
h: +971 800 MACRO (62276)
http://www.macemacro.com

icemannapoli
December 23rd, 2011, 01:06 PM
Any news about the common areas? Are they ready?

Sam Balan
December 30th, 2011, 06:30 PM
Whats happening there guys. everything has gone very quiet. Are all the works finished now? Are all the lifts working> Is it a fully functioning building now with lots of residents? Someone local please respond.

depassage298
January 2nd, 2012, 12:34 PM
All lifts are working
All the facilities available and working.
All pools filled with water.
Residents are living there and every week there is a lot coming

icemannapoli
January 4th, 2012, 10:18 AM
All lifts are working
All the facilities available and working.
All pools filled with water.
Residents are living there and every week there is a lot coming

Thanks a lot for these good news!

Sam Balan
January 4th, 2012, 08:31 PM
Thank you very much. Nice to have some positive news for a change. Much appreciated.

WhatIfTheWatersRise?
January 7th, 2012, 02:37 PM
After 6 emails I finally had a reply from Tiger.
They are looking for the following to handover. Is this the norm?


Registration Fee (2% of the Sales Value)=13,929.42

Land Department Charges=315.00

Oqood Fees=1,000.00

Administration Fees=5,000.00

Security Deposit for A/C=5,000.00

1st Year Service Charge (13dhs / sq.ft)=11,117.34

Total Charges=36,361.76

I suppose I have questions about Reg fee, Admin Fee, A/C dep and Service Charge.

I'd appreciate any advice.
Thanks

ramzy
January 7th, 2012, 09:55 PM
I took handover last October.

Tiger did not insist I pay registration and land dept charges until title deed registration takes place whenever that may be.

All I paid them was my final 10%, Oqood, Admin, Ac 5000 sec deposit, 1st quarter service charges. If you speak to them they will allow you to pay the latter In quarterly instalments.

depassage298
January 12th, 2012, 12:10 PM
Anybody knows why Electric Cooker is not allowed?
I fail to find a good reason for that.

True Blue
January 12th, 2012, 12:46 PM
The electrical load for the entire building is not capable of supplying electricity for ovens/hobs in every apartment. The developer seems to have made savings by cutting the electrical load per apartment and reduced the sizes of the cables and transformers required to supply the building and apartments.

You would need to rewire your apartment with heavier cable. Before you do that you would need to check that the incoming main cable and main switch/RCD are large enough for 60amps at least. Even then you could overload it if you are trying to run 3 hot water heaters / ac fans /cooking dinner and boil a kettle.....BANG!!!:)

gaso
January 15th, 2012, 01:19 PM
Hi. Confirm. Just took over mine. One question though: anybody got their title deeds yet? They told me not before end of February. Is it the same for you? How about getting resident permit, is there a special procedure to follow or we have to wait for the title first? Thanks for your reply, anyone that has useful info. Best

PS: prices are picking up in the last 2 months and things look good, as a beiginning. Common areas are functional now, market prices (for rental) went up more than 10% from what I read here 2 months ago!

Morrismarina
January 15th, 2012, 05:02 PM
Anybody knows why Electric Cooker is not allowed?
I fail to find a good reason for that.

:wtf:

So are you saying you have an apartment without any cooker at all ??

jeetha
January 15th, 2012, 05:18 PM
^^http://www.flickr.com/photos/imresolt/sets/72157627844806456/

Sam Balan
January 16th, 2012, 01:06 PM
To be granted residency the purchase price of your property has to be a minimum of AED 1,000,000 on the contract.

Prodigy11UK
January 28th, 2012, 01:09 PM
Hi, anyone got a 3 bed flat for rent please?

Slimbo
January 28th, 2012, 02:26 PM
One of my friends moved into this building over the weekend, I've never seen finishing so bad in all my life. There's not a single lightswitch/electrical outlet that's not covered in white paint, the AC controllers are hanging off the wall with wires exposed, most of the windows don't close/lock properly and the bathroom fittings look like they came from the 1950's. Everything just looks very cheap. And the walls between apartments are paper thin, you could actually clearly hear the neighbours having a conversation. Nice views though.

Imre
January 28th, 2012, 02:39 PM
Hi, anyone got a 3 bed flat for rent please?

We have few 3 BR units there from 80-85K :lol:

Finishing is not perfect but what do you want for this money :)

PrincessTower
February 2nd, 2012, 02:49 PM
Think this is 07 unit 1 bedroom. not the brightest one.


Living Room:
http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4553.jpg


Kitchen:
http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4554.jpg


Bedroom:
http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4552.jpg


I'll leave this for somebody else to comment on.

Marina views from higher floors are actually really good and impressive. also those units are much brighter. Or shall we say 'less dark'?

PrincessTower
February 2nd, 2012, 02:58 PM
Quality is 'not perfect' as Imre said...


http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4559.jpg


...quite a bit of wind coming through the closed door there.

http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4556.jpg

PrincessTower
February 2nd, 2012, 03:03 PM
the air condition in the gym was not working. at least the floor had an opening to the outside bringing a bit of fresh air in. two people working out in the gym at the time. had their t-shirt off and apparently enjoying the breeze.

http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4548.jpg

PrincessTower
February 2nd, 2012, 03:12 PM
let's finish up with a positive note: there are three outdoor pools, and two indoor pools + 4 indoor jacuzzis with female and male seperated. that's 9!! pools total (if I added up correctly?) - not bad at all.

http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4547.jpg


indoors is still under construction and could look quite nice once tidied up:

http://i900.photobucket.com/albums/ac210/PrincessTower/xIMG_4550.jpg


the rest of the communal areas looked old already although this is a brand new building. maybe more scrubbing will help.

overall, not my cup of tea.

Beppe786
February 2nd, 2012, 03:33 PM
To be granted residency the purchase price of your property has to be a minimum of AED 1,000,000 on the contract.

what if its 995.995 ?? still qualify?

Imre
February 2nd, 2012, 05:49 PM
Quality is 'not perfect' as Imre said...



:lol: :cheers:

So probably you wont buy a flat there?

I Know
February 2nd, 2012, 05:53 PM
Maybe you could buy a pool there instead :lol:

WhatIfTheWatersRise?
February 3rd, 2012, 03:27 PM
let's finish up with a positive note: there are three outdoor pools, and two indoor pools + 4 indoor jacuzzis with female and male seperated. that's 9!! pools total (if I added up correctly?) - not bad at all.

http://i900.photobucket.com/albums/ac210/PrincessTower/zIMG_4547.jpg


indoors is still under construction and could look quite nice once tidied up:

http://i900.photobucket.com/albums/ac210/PrincessTower/xIMG_4550.jpg


the rest of the communal areas looked old already although this is a brand new building. maybe more scrubbing will help.

overall, not my cup of tea.

The indoor pool area looks like an underground carpark with a big puddle in it!!

PrincessTower
February 3rd, 2012, 05:45 PM
The indoor pool area looks like an underground carpark with a big puddle in it!!

it doesnt look great right now. but the overall concept and layout there is actually pretty cool to be honest. just needs to be finished, cleaned, lit up, and furnished.

Imre
February 5th, 2012, 01:17 PM
http://i900.photobucket.com/albums/ac210/PrincessTower/xIMG_4550.jpg

overall, not my cup of tea.

Nice beach umbrella there , but why need this one inside ??? :lol:

AppleMac
February 5th, 2012, 01:58 PM
http://i900.photobucket.com/albums/ac210/PrincessTower/xIMG_4550.jpg



I take it by the way there are already lights hanging down that they dont intend to hide all that sewage pipework on the ceiling :nuts:

I Know
February 6th, 2012, 03:13 PM
The beach umbrella probably came in the package with the table and chairs and could be handy when the pipes leak above. :storm:

not a bad idea after all :)

glover
February 9th, 2012, 05:42 PM
anyone knows how much are the monthly chiller charges here for a one bedroom apt. thnx

Televator
March 22nd, 2012, 12:55 PM
Anyone have info regarding chiller fees in Pinnacle?? I'll be signing a lease contract on Sunday for a 3BR - the agent assured me that "chiller is totally free as the Tower has it's own A/C units"

They won't provide this in writing and won't amend the lease contact to specify who will pay A/C bills... I feel exposed only having their word for it, these agents can be sly.

Is it generally the landlord's responsibility to pay A/C fees? How much is it monthly anyway??

Also what about gas fees? I see it comes via a central pipe....

Imre
March 22nd, 2012, 01:23 PM
Anyone have info regarding chiller fees in Pinnacle?? I'll be signing a lease contract on Sunday for a 3BR - the agent assured me that "chiller is totally free as the Tower has it's own A/C units"

They won't provide this in writing and won't amend the lease contact to specify who will pay A/C bills... I feel exposed only having their word for it, these agents can be sly.

Is it generally the landlord's responsibility to pay A/C fees? How much is it monthly anyway??

Also what about gas fees? I see it comes via a central pipe....

I wouldnt sign the tenancy contract if its not clear , you will have just problems later..

Everything should be written .

PrincessTower
March 23rd, 2012, 08:30 AM
I saw that an unnamed broker has advertised hundreds of Pinnacle apartments in Propertyfinder with prices mostly between 1,500 up to 15,000 AED per sqft.

If you noticed, Propertyfinder always shows the building average prices for comparison on every single page you view for that development. So the Pinnacle is now showing at over 1,100 AED psft, which is the Dubai average price.

The real advertisements done by serious sellers/agents are rather in the 600-700 psft arena.

Well done. ;) That means if your are under delivering, you can always try to fiddle with the market price and try to convince people that the apartments are worth a lot more than they really are.

This is an active and concious attempt to deceive potential buyers IMO.

Pathetic.

Imre
March 23rd, 2012, 09:29 AM
I saw that an unnamed broker has advertised hundreds of Pinnacle apartments in Propertyfinder with prices mostly between 1,500 up to 15,000 AED per sqft.

If you noticed, Propertyfinder always shows the building average prices for comparison on every single page you view for that development. So the Pinnacle is now showing at over 1,100 AED psft, which is the Dubai average price.

The real advertisements done by serious sellers/agents are rather in the 600-700 psft arena.

Well done. ;) That means if your are under delivering, you can always try to fiddle with the market price and try to convince people that the apartments are worth a lot more than they really are.

This is an active and concious attempt to deceive potential buyers IMO.

Pathetic.

250 ads there from the same company:)

http://www.propertyfinder.ae/en/buy/marina-pinnacle/uae/properties-for-sale.html?t/16/v/1

They have 3 Br for 39 million which is very good investments and finally you would get around 85-90K if you rented out :)

Propertyfinder moderation system seems totally useless , so many fake adverts there..

JimDublin
March 24th, 2012, 02:08 PM
I am just now preparing for final handover snagging etc. Any tips of how I should handle this matter.

PrincessTower
April 27th, 2012, 11:30 PM
http://i900.photobucket.com/albums/ac210/PrincessTower/xyIMG_5736-2.jpg

depassage298
May 2nd, 2012, 09:36 AM
Anybody got his TITLE DEED yet?

icemannapoli
May 2nd, 2012, 12:21 PM
Anybody got his TITLE DEED yet?

Not yet... I was told one month more...

WhatIfTheWatersRise?
May 5th, 2012, 11:19 PM
http://i900.photobucket.com/albums/ac210/PrincessTower/xyIMG_5736-2.jpg

Great shot.:cheers: