Name: The Lighthouse
Location: Dubai Marina
Floors: 17
Height: ?
Use: Residential
Cost: ?
Start Construction: 2003
End Construction: April 2006

http://www.lighthouse-dubaimarina.net/

http://www.skyscrapercity.com/photopost/data/503/11020The_Lighthouse.jpg

This building would have looked a million times better if it were a tad taller :(

these sort of buildings should not be built in the Dubai marina area

you mean the style or the height ?

I don't like this building, it's sort, ugly, ugly colors. :(

Trust me to make a purchase in a 'bit of an ugly tower (LOL). . . Not too worry though, a small piece of Dubai property is fine by me. I have a bit of info from The Lighthouse developers, piling has been awarded to Dutch Foundations & is now reported underway (if anyone can confirm this I would appreciate it!). Unfortunately it is still only 15 floors high, there is a slight change to the original spec, a third basement has been added, and completion is now due April 2006.

thanks for the update
hmm, my floor count is 17 + g
april 2006? pretty long for such a shorty

new rendering
http://www.dimensions-ec.com/Projects/DXB/DXB-Images/DXB-207/perespective.jpg

few changes

:D i was too lazy to update the pic and upload it to my webspace when i was on their website
but will do it now and add it to our tower lists

added render to emporis

I can confirm that piling at The Lighthouse is underway, although at a very early stage. I think that the building will be completed ahead of schedule, despite the projected date of March 2006.

I can confirm that piling at The Lighthouse is underway, although at a very early stage. I think that the building will be completed ahead of schedule, despite the projected date of March 2006.

Shokran , much appreciated ;)

yes thanks

There have been some excellent updates across the forum, including lots of great photos of ongoing construction. Does anybody have any update info on The Lighthouse, anything would be appreciated

Thanks :)

when i was in the marina i saw the name "lighthouse" on the fences, but the site was not accessible
it's so damned busy in there these days

but i couldn't see it coming out of the ground yet

Thanks for the update Dubai-Lover, keep up the great work

some construction pics from dec 29 2004

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/30-12-2004-1.jpg

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/30-12-2004-3.jpg

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/30-12-2004-4.jpg

Thanks for the great photo's Dubai-Lover, would you know what building that is to the left of the contruction site on the 1st photo, it looks maybe too advanced to be a part of The Lighthouse.

On Daz's exceptional Marina Map 'A', there is outlined (proposed?) construction sites around the perimeter of The Lighthouse, but none appear named or as under construction yet?

no, it's not the lighthouse
its one of the low-rise apartment projects in dubai marina
like marina pearl, the belvedere, westside,....
none of them is taller than 7 floors

Thanks for the udate once again, Dubai Lover

I only hope some of the landscaping around these towers turn out even a little like some of the fantastic renderings, roll on a couple of years from now when some of the tower constructions become complete & established.

new homepage finally online, but still not complete

and still the old render in there :dunno:

http://www.lighthouse-dubaimarina.net

Has anyone been to the construction site lately? Any updated pictures?

The Lighthouse people tell me when the new website is fully up & running, there will be a page with up to date construction news & photo's. Don't know when this is though!
Hopefully when the news & photo's arrive we can share this info on the forum.

Note: Earlier website links on the forum references 'lighthouse-dubaimarina.com', this link has now changed to lighthouse-dubaimarina.net, as posted by Dubai-Lover 17th Jan 2005.

ha, the first photos are online

The piling and shoring work are completed.

The raft foundation will start by Mid-February and will take one month.

Subsequently, The first Basement will be completed by Mid-April and the next two basements by end of May.

Ground floor in June. First floor in July and next 14 floors will take 7 months during which the finishing work will also take place.


http://www.lighthouse-dubaimarina.net/images/construction1.jpg

http://www.lighthouse-dubaimarina.net/images/construction2.jpg

http://www.lighthouse-dubaimarina.net/images/construction3.jpg

Updates from January 2005

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/13-01-2005-1.jpg

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/13-01-2005-2.jpg

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/13-01-2005-3.jpg

More from January 2005

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/29-01-2005-3.jpg

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/29-01-2005-1.jpg

http://www.dimensions-ec.com/Services/Supervision%20Report/DXB207-LH/Pictures/29-01-2005-2.jpg

still nothing yet
development in the lower marina is very slow

How is this one going to be ready by next year ?!

new site pics and info


The piling and shoring work are completed.
The raft foundation started in Mid-February and will take one month.


The first Basement - Mid April and the next two basements - End of May
Ground Floor - June
First floor in July and next 14 floors will take 7 months during which the finishing work will also take place.


http://www.lighthouse-dubaimarina.net/images/construction4.jpg

http://www.lighthouse-dubaimarina.net/images/construction5.jpg

I have heard that this project is possibly going to be delayed by 9 months and will be completed end of 2006.
Anybody got any info or latest pictures?

Developers and agents are tight lipped!!

when i look at the current construction status it doesn't surprise me
so, it's a financial problem of the developer?

This update was provided by The Lighthouse Developers this morning:

The construction is in progress.

The foundation status: the piling work is completed.
Excavation of 1st and 2nd basement completed.

Dewatering system to reduce water level in progress.

Excavation of 3rd basement expected by 26 April 2005

Plain concrete for foundation expected by 5 May 2005

We are still on course to complete the structure by end of this year and finishing by April/May 2006.

i think i have to find this one and have a look at it when i'm back
a bit mysterious

If anybody is in the area of The Lighthouse, new info &/or photo's on the construction would be much appreciated. . . :)

Hi Tosh
Where did you get your information from regarding delay to construction?

Do you think the developers have financial problems in completing ?

Anyone owning an apt in the Light House, please get in contact with me by PM if you havent done so yet.

In light of the uncertantiy of this project; as previously posted :dunno:
If anybody is in the Marina area could you please take a glance across The Lighthouse site, to see if there is any sign of constuction activity.

Any info would be much appriciated :)

We have now started the dewatering process to reduce the ground water level, excavation of the third basement is planned to start in one week's time.

Foundation work is planned to start on 15 May and the third basement concrete to start on 15 June.

There is about two months shift from our programme due to the long procedures to install the dewatering system and get the necessary
Authorities approval to discharge into the sea.

so, no sign of any delay?

When the investors purchased & received their contracts between Feb & June 2004 The Lighthouse construction was planned to complete at the end of Aug 2005.

Delays shifted the original completion date to Nov 2005, then Dec 2005, then March 2006, then into April 2006 & now the developer is saying it will be completed in May 2006.

The developer has attributed the delays to waiting for authority approval of the 3rd basement, Elec & telephone underground cables discovered on the site & lastly dewatering equipment & access problems.

The developer has now informed the investors that the construction is back underway . . . . . . :banana:
The Lighthouse website 'construction page' has now been updated with the revised construction schedule, & some site pictures of the dewatering process.

Feedback of site activity/status would be really appreciated, If there is anybody in the vacinity of The Lighthouse construction site :)

let's see if they can keep their schedule :D

Dewatering for 3rd basement started.

Excavation for 3rd basement starting on 3/05/05.

Foundation raft starting on 15/05/05.

Third basement starting on/06/05.

Second basement starting on 15/07/06.

First basement starting on 15/08/05.

Ground floor starting on 30/08/05.


http://www.lighthouse-dubaimarina.net/images/construction9.jpg

http://www.lighthouse-dubaimarina.net/images/construction12.jpg

This site has been a pile of dust for ages now. All the updates look the same! No progress is visible!

mhm but ground work might take a long time...but this takes more than a long time ;)

it's kinda strange they have been digging a hole for more than 6 months now
for a 15 storey building

and the foundation eaft will start next week

I agree that it took them a very long time since they started construction in October last year to show some real progress. The main reason for this was probably the 3rd basement that was added to the construction plans sometime last year. It also added the requirement for additional dewatering that is taking place now including the piling for the 3rd basement. There was some progress during the last few weeks after some kind of pause for a few months. Lets see if they stick to the updated schedule now.

may 27

http://tinypic.com/5evlsn

http://tinypic.com/5evm2h

Good to see some foundation concrete on this site after so long doing ground preparation work. Looking forward to seing some construction though. . . .

According to the revised schedule , construction of the 3rd basement should have commenced on 15/6.

Can anyone in the vicinity confirm this has taken place ?

This tower is so boring it's making me fall asleep... :sleepy:

Wait until you see the final product.

Lots of people see great and colorful renders and fall in love with a building design but will be disappointed once the tower is build.

I expect the opposite with this one. The render looks quite boring but the glas construction on the roof could very well make it a special building. Imagine well balanced light in there which could make it look like its name suggests.

Also the shape of the building is kinda interesting. Its not just a rectangle like most other buildings but has some curves and other special features.

We will see...

latest update

the hole is deeper than before

http://www.lighthouse-dubaimarina.net/images/Construction14.jpg

great pic :)


my new wallpaper! ;)

The hole is deeper because the original plan was changed and a 3rd basement was added.

D-l was comparing to 4 weeks ago pictures i guess.
so it is 16F now?
where did you get that?

look at the driver, is he sleeping? :)

Dubaiflo,

Its still 15F (not sure if that includes the ground level though), just a 3rd basement was added. I got that info from the developer.

look at the driver, is he sleeping? :)

No, he is just relaxing. :)

^Either that or he's passed out drunk. Or both.

no guys, you're all so negative.

he's STUDYING the construction details and renders so he may be optimally prepared!!


:D

Construction update from the developer:

"The work on site is progressing according to the programme, waterproofing and screed completed, steel is on site and we are currently pouring concrete for the 3rd basement foundations"

Any info/photo's much appreciated, if anybody is anywhere near The Lighthouse site. :)

Are those palm trees jutting out of those balconies?? Very eco-friendly ;)

Please, please, please . . . :master: :master: :master:

Can anybody provide the current status of The Lighthouse Construction?

Your assistance in this matter is much appreciated :)

Anyone have an update? I have purchased an apartment in the block and I am having no luck at all getting any information from the developer!

Lawyer

Anyone have an update? I have purchased an apartment in the block and I am having no luck at all getting any information from the developer!

Lawyer
TLH Management & Admin are blaming their sales office move from the Fairmont Hotel & problems with their website for poor communications with their investors . . . . :?

It would be really good if somebody could check the tower construction progress, the developers build programme indicates the 3rd basement complete & construction of the second basement from 15/07/05 :dunno:

don't worry
i will check this one out soon

Welcome back from your holidays D.L. & thanks for the assistance with this thread :)

TLH website has been updated this morning, with some construction photo's, lots of foundation work ongoing . . after 10 months of construction it still appears to be a rather large hole but at least it now has a concrete base emerging :banana:

Thanks D-L.

In the last message I received from the developer they still insist that they will complete in June 2006!!

Lawyer

Anyone have an update? I have purchased an apartment in the block and I am having no luck at all getting any information from the developer!
Lawyer

Hi Lawyer and anyone else interested in this project. Check out this site for further info on The Light House and to get in contact with some of the owners.

http://www.dubaipropertyforum.com/

chriso - this is a good thing
i can recommend you to open a section for marina heights, as there seem to be many people looking for info

Thanks ChrisO, but how do I log into the thread for owners. I need log in but where do I get it?

I have been trying to get the log in details from the developer for the Lighthouse web site for 5 weeks and it is excuse after excuse as to why they have not provided them. We are beginning to wish we had not brought this property!!


Lawyer

In the last message I received from the developer they still insist that they will complete in June 2006!! Lawyer
The developers have just informed me there is a new build programme due out soon & will show completion by July 2006.

lol it should already have broken ground , but the completion delay is supposed to be just one month... cannot believe that honestly.

Thanks ChrisO, but how do I log into the thread for owners. I need log in but where do I get it?


Please check your private messages on this webiste for info.

ChrisO, thank you. I have registered.

Lawyer

today

http://tinypic.com/av6l4o.jpg

New construction site photo's have been posted by the developer on the Lighthouse website, construction section :)

http://www.lighthouse-dubaimarina.net/Construct05.htm

There is also a new section for re-sale property in TLH

http://www.lighthouse-dubaimarina.net/Availability.html

Just in: construction update pictures for The Lighthouse by Imre.. (http://m.rtijn.info/dubai/marina/2005/09/construction-update-lighthouse.html)

:cheers:

Thanks for the construction site photos Imre/minime, construction is moving on but very, very, very, very slowly. Still constructing the 3rd basement/building raft foundation, a full 12 months after starting to dig the hole :dunno:

Things will have to speed up a lot to meet the developers planned completion date, which is by July 2006' (contractual completion was December 2005)

I have visited Lighthouse construction and they had lot of workers.
Don'r worry! Coming faster .

today

http://tinypic.com/easdp3.jpg

Yes, but this is still effectively just a hole in the ground. Even July 2006 seems far too optimistic as acompletion date given the developer's track record so far! The problem, as someone mentioned before, is that the developer sold the apartments too cheaply in the initial phase so that as a result of increased construction costs his profit margin has almost vanished. Now he is probably looking to make money by way of interest on the instalments taken so far and also by increasing the retail space inthe bulding by adding that extra basement!

Too cheaply? I think the prices quoted on the web-site are rather high compared to the problematic construction process....

Marina Diamond is cheaper and at the same time they manage too. I do not see the problem. What was the initial price / sq ft? Just under 1000 is more or less standard for the Marina nowadays.

1 bedroom type 3 back in June 2004 cost AED 570,000, (a typical price at the time for a low rise non-marina view 1 bed apartment). TLH offered a 'free room' taking the internal floor area to approx 850 sq ft & almost 500 sq/ft of balcony, making total area approx 1,350 sq/ft. Similar properties where on the market at at the same time, with less than 700 Sq/ft (e.g. Emerald Apts)

. . . . Initial price too good to be true? only time will tell!

850 sq/ft @ AED 1,000 sq/ft = Current value AED 850,000 :omg:

Indeed, some of the initial pricing was even less (AED 500k for a 1+1 with over 1400 sq ft) i.e. approx AED 350 per sq ft. Typical building costs are now considerably higher than that!

Checked the site again today -still no further movement and no signs of recent mobilisation on site. A July 2006 completion seems pretty remote now!

from what I have been able to gather march 07 is more of a realistic prjcted completion date.

TLH developer is not communicating very well with the investors & its quite worrying to see the site activity 'static' once again, after over 12 months of construction & still incomplete foundations (as reported by forumers who visit the site & TLH Website photo's).

The last build programme on TLH website showed completion by July 2006, as this was obviously impossible to meet it disappeared from the website in August without addition of a revised programme. Since then there has been no confirmed completion date but I have heard a revised build program is due shortly (promised from developer 04/10/05) . . . (shortly?)

Contracted completion was due December 2005

. . watch this space but do not hold your breathe! :rant:

Worrying! The site is still silent and no signs of any mobilisation. Anyone heard any news?

Thanks for the site update anacreon & you are right, very worrying for The Lighthouse investors :rant:

The developer sent out a construction update yesterday which included the wording:
"The project is progressing well"

From your site update it would appear the developers understanding of 'progressing well' differs considerably from our understanding.

Please keep us updated on site activity/progress (it would be very helpful if you could quote the day & time of your site visit if possible) :)

Hi - an owners group for the Lighthouse project has been formed to discuss the delays & ongoing lack of progress with this development.

Our aim is to communicate with each other & the developer to bring the project to a successful conclusion in the shortest possible time.

We are in regular contact with Ayoubco, the developer, and would like to meet with other investors in TLH to listen to your views & experiences.

We can be found on www.dubaipropertyforum.com

today

it takes a long time, but at least something is happening

http://tinypic.com/fuw9ra.jpg

Thanks for the site update photo DL, contruction might be moving slowly, but at least it does appear to be moving :)

Worrying! The site is still silent and no signs of any mobilisation. Anyone heard any news?

I spoke to the owner/developer of the Lighthouse on behalf of my friend who has bought an apartment. I spoke to him personally (i got his mobile number from gowealthy). He said that the completion date would be July 2006.

He also said that there were problems from the outset with electricity and water pipes, which has delayed the start of this project.

He also said that I could call him anytime!

Hi Appletree87, thanks for the update :)

It sounds like your latest update from the owner/developer is different from what he has told other investors in The Lighthouse. Although I am not aware of any official written notification, the latest date for completion & handover is September 2006. This information has been supplied by TLH Management & Admin staff, via a very (very) basic timeline project plan.

It would be fair to say the developer keeps this completion date very flexible, as it has already moved from Dec 05' , to Feb 06', to April 06', to June 06', to July 06' & now Sept 06'. (as yet there is no history of it moving back over!)

It may be worth checking again with the owner/developer to see what comments he has with respect to a possible September 2006 completion.

Please keep us informed by posting here or www.dubaipropertyforum.com, where several other investors in TLH communicate regularly.

Hi Appletree87, thanks for the update :)

It sounds like your latest update from the owner/developer is different from what he has told other investors in The Lighthouse. Although I am not aware of any official written notification, the latest date for completion & handover is September 2006. This information has been supplied by TLH Management & Admin staff, via a very (very) basic timeline project plan.

It would be fair to say the developer keeps this completion date very flexible, as it has already moved from Dec 05' , to Feb 06', to April 06', to June 06', to July 06' & now Sept 06'. (as yet there is no history of it moving back over!)

It may be worth checking again with the owner/developer to see what comments he has with respect to a possible September 2006 completion.

Please keep us informed by posting here or www.dubaipropertyforum.com, where several other investors in TLH communicate regularly.


Hi Dubai Freak

My friends original completion date was actually Sep 05. I will call the developer over the next couple of weeks. I am flying out myself to Dubai on boxing day and I will try to visit the TLH office/sales centre.(if I can find it!)

appletree87 wrote
My friends original completion date was actually Sep 05. I will call the developer over the next couple of weeks. I am flying out myself to Dubai on boxing day and I will try to visit the TLH office/sales centre.(if I can find it!)

It would appear the 'Contractual' completion date given by the developer was based on the time of purchase, these appear to vary from Sept 05 up to March 06'. Concidering it has taken 15 month to construct the foundations (& we are still unsure if they are complete) at this stage nobody really knows when the building will be completed & ready for handover.

If you or your friend (or anybody else!) find any info from the developer or the site, please post it here or on www.dubaipropertyforum.com

PS Although TLH website still quotes the sales office is at The Fairmount Hotel, this office was closed down back in July. They have now moved business to Ayoubco's main office, further along SZR (Hawaii Tower Building)

today

http://tinypic.com/i3v1qa.jpg

More form work , concrete slabs and blinding down !! i guess its not bad

Thanks for the site update photo DL, unfortunately not much change since your last photo post two weeks ago.

Any chance of you giving the other towers a miss next Friday & get on with a bit of building on TLH site :lol:

I passed by the site a few days back and it was still just like a ghost-town. No signs of movement from anyone.

Thanks for the update anacreon, what day & time was it when you passed the 'ghost-town' site?

TLH developer has posted some updated construction photo's on their website today, although it would appear to be mainly scaffolding, there is signs of some 'construction improvement' in the past month. click here to visit website photo's: TLH Construction photos from 16th Dec 2005 (http://www.lighthouse-dubaimarina.net/Construct10.htm)

http://xs60.xs.to/pics/05513/construction48.jpg

It's getting there. But slowely. I surely hope that eventually this one will finish too as the new residents are getting really nervous. There is a lively discussion going on about Mr. Ayoub and Ayoubco, the builder of this tower.

I think most people will demand their money back in Jan 2006 as this was a clause in the contract they signed. The developer has been in breach of contract several times and the project planning is a total joke. The graph they sent to the investors did not gain any confidence whatsoever as it looked as if it was done by an intern at Ayoubco....

I wish all LightHouse owners the best of luck in 2006 and when they finally get their keys, I invite them for a drink at the Marina Diamond next door.

http://xs60.xs.to/pics/05513/construction48.jpg
Is that the belvedere in the background?

what else ...?
of course it is.

Ok, so they are preparing for the raft foundation. This is a very important step; after finishing the raft foundation, they can build up quickly.

Well I was amazed. There really was some action on the site when I passed by over the w/e. Only three or four workers there, mind you, but at least it no longer resembles a ghost-town!

when is completion expected for this one? definitely cant be april as mentioned in the first post

It would appear the 'Contractual' completion date given by the developer was based on the time of purchase, these appear to vary from Sept 05 up to March 06'. Considering it has taken 15 month to construct the foundations at this stage nobody really knows when the building will be completed & ready for handover.

The Lighthouse Developers have recently promised the Investors the Tower will be completed Sept 2006. . . watch this space but don't hold your breath!

Sept 2006 may be possible depending on how fast each floor goes up, but then finishing can take a while and it's not excatley out of ground fully yet but i should think by end of 2006 should def be finished if they actually have some workers.

this might be topped out by sept but nothing more.
if they construct average speed i'd say march 07.

once they reach ground level it should go faster
i just hope for you guys everything's alright with this one!

Thanks for your comments, interest & concerns in this development . . . any information on this project (site photo's/observations) is much appreciated :)

Dubaiflo wrote
this might be topped out by sept but nothing more.
if they construct average speed i'd say march 07
I was thinking along the same lines, around March 07, lets hope the developer proves us both wrong

can they be sued by the buyers for not finishing on time? they are almost a year behind from the schedule

^ It depend on what is within the contract. Say a 100 AED fine daily ..... etc.

Some investors in The Lighthouse have approached the developer on the subject of compensation for the excessive delay(s), when he does correspond he has bluntly refused to talk on this issue. In fact the developer is still demanding instalment/payments, except for the final payment due on completion/handover.

Some investors are already taking legal advice on this issue . . .

Depends on what contract says... some contracts allow for upto 1 years delay,but developer may have to notify that the delay is going to be this length. Also usually mentions if compensation is payable or not after such a delay.

In terms of payment the contracts i have seen usually mention that payments are still due on the dates agreed regardless of a delay or not. Only the completion one is payable on handover.

These appear to be standard terms so buyers maybe in the wrong leggaly speaking if they withhold payment. Hence good that some of them taking legal advice cause it maybe the developer has not contratually done anything wrong even though they have no delivered as orinigianly mentioned.

just got a mail from the real estate agent im talking to regarding buying an apartment in the lighthouse... apparently they are expecting completion in october/september. I dont see how that's possible considering the current state of the construction site.

well, when they now start construction continuously in the average dubai pace, it shouldn't be a big deal

It is only a 15 floor building so might be possible like D_L said....I thought it was all sold out?? Must be resale???

Gowealthy still sells them too. I do not think they are resale though as they do not ask for a premium.

I hope for the residents of the lighthouse that their building is finished this year so we can invite them for the New Year's drink in the MD2.

Gowealthy website says All Apartments Sold so you can only buy villas as they call them by the sounds of it.

http://www.gowealthy.com/realestate/uae/dubai/lighthouse/plans.asp

The contract for TLH has a clause, which allows the developer an additional two months beyond the contractual completion date. Some contracts stated completion early Dec 2005, the developer has not officially notified these investors of the delay(s). The clause also allows further delays beyond the two months after written agreement with the investor’s, maybe the developer will contact the investors before early February in an attempt to fulfill his contractual obligation?

Several months ago GoWealthy commented the Project was sold out, there are a number of resale's about currently, including on TLH website resale page.

minime wrote:
I hope for the residents of the lighthouse that their building is finished this year so we can invite them for the New Year's drink in the MD2.

Lets hope TLH developer gets his act together (maybe a floor a week :jk: ), looking forward to that offer of a drink at MD2 :cheers: (is the offer still on if TLH is not completed by New Years Eve? :righton:)

im getting nervous abt investing into this project now

i told you ages ago, not the lighthouse...
maybe you should wait until real construction starts, i now about the deal and everything but really it is not worth to risk that much.

well if i dont take it now, i loose it. which makes u think, why is the person in such a hurry to sell with less than 1 per cent premium (un heard of in dubai) ?

there u go. i am sure you will find sth better even in the marina.
ask gowealthy agent, i could recommend one if you want.

sure go ahead PM me, thanks!

ok i just visited the site and lemme tell u it does not look good. hardly any work seems to have been completed and there is no way this will be finished even by next year. we spoke to someone who works close by and is familiar with the pace of work going on here and he told my father n myself that the developer seems to be taking his own sweet time to construct the building. he gets his raw materials once in a while (in no hurry) and gets work done whenever convinient for him. when asked by us for his honest opinion, he said that he's been in this business for a while now and from what he has seen over the past 2 years, if the trend continues the building is not gonna be completed any time before 4-5 years!

so definitely we are out of this. there are supposed to be 3 basement floors in this building and not even one of them is ready yet!

this is the best warning for a "dubai overhype"

too much at the same time

build, build, build

Sounds like your average bob the builder not a company that builds any building on large scale. This kind of thing is the last thing any city needs to put investors off.

At least he's not cutting corners to finish the building. In fact this building has no corners yet that could be cut.

Buyers in this development maybe as a group should contact Dubai Munciplity or a lawyer see what they can do???

To think i would have bought in here but for the fact all apartments were sold out. There selling campaign was good in that you bought a 1 bed apartment and actually got a 2 bed.

Is there a lawyer in the house to help these people :) [for free]

thedubailife wrote:
Buyers in this development maybe as a group should contact Dubai Munciplity or a lawyer see what they can do???

Does anybody have a contact address for Dubai Municipality, with respect to development type disputes?

Our Owners Group has tried to contact EMMAR several times via different contact links on their website, but they never reply.

TLH is one of many projects excessively delayed in Dubai, has anybody else raised the issue(s) with the Dubai authorities?

Thanks

never go via email!!!!

what i've learnt is, call them up or pop up personally and complain heavily with a bit of friendliness
always works

If you want to go via email always try and get a PR email address, but as Dubai Lover said best to be on the ground, but call them see if you can setup a meeting, If not forthcoming ask to speak to someone in PR department say your a journalist...always works :)

i say barge into emaar office with a lawyer

Maybe the could shout "This is a Raid"

not really unexpected story.
i told you this is worst category of development.

the delay issue, well afterall this is not really sth which bothers me. happens everywhere , all the time.

but indeed, would be interesting to speak to emaar or the municipality.

I am the person who is selling the apartment. In answer to the questions asked a while back the reason why I am selling is that I have just started a new business and need the funds for that purpose and the reason for the low premium (there should have been none and not 1%, but that is Dubai agents for you!) is that I wanted a quick sale.

Yes, everyone is correct and the progress has to date been slow but the LH will be built and when it is the cost per sq foot will be much less than most other blocks.

is the one you're selling 1 bedroom + 1 free room or is it 2 bedrooms + 1 free room?

mine is 1 + 1

Haslemere, please check your Private Messages. Thx

today

http://tinypic.com/k4astx.jpg

I take it that there has been zippo movement in the last couple of weeks?

After demanding an update on this project yet again from the developer, he has replied with yet another new date for completion.

When he does reply to an enquiry he always quotes 'the construction is on programme' :wtf: . . . would you believe it, the completion date has moved on another couple of months & he is now quoting completion December 2006.

There is a new game launched on TLH website, its called spot the worker on the construction site photo's, if he does not put workers on the site it will never get finished :bash:

All i can think is because a shortage of cranes, workers etc maybe small developers are finding it hard to get things done.

Lets hope things change quickly and for the better soon.

I've been to look at this site a couple of times in the last month. Never a sign of a worker and no progress at all!

Anacreon wrote:
I've been to look at this site a couple of times in the last month. Never a sign of a worker and no progress at all!

Thanks for the site update anacreon, once again 'no progress reported', not good news for the investors in this project concidering it was planned to be completed Dec 2005.

Further 'constuction updates & photo's' on this project are very appreciated on this forum :master:

hmmm looking at the last update it nearly broke ground and should have been rising fast.

I think it's time investors got together and demanded and explaantion, i'm sure there maybe some already doing that and if no luck time for a open letter to skeikh Mohammad.

Surely we cannot have projects like this to give dubai a bad rep. All you want is an honest answer from the developer as to the problem.

This is realy bad. they need to get moving...

People who have bought here need to lift their asses and report these bitch of a developer to Gulf News or something... get your word out in public

Your right Krazy thye need to contact the developer ask whats happening and tell them if they don't get an answer, they will be releaseing a press relealse to the media.

And i't not diffcult to get email addresses for the main papers in Dubai. But they need to do it as a collective body somehow. So all investors as one unit not as individuals.

Any investors who visit this site and may need help on this type of issue PM me i will explian how what a press release needs to contain etc.

and thinking of it.. this is not their only project..

Thanks for your interest & assistance in this thread . . .

and thinking of it.. this is not their only project..

Here is a little background to the development/developer.

Mr Emad Ayoub operates independently as Ayoubco General Contracting LLC in the UAE (with a UAE partner) after splitting with his Father/Brother's company Ayoubco in Eygpt several years ago. Internet searches show (Mr Ayoub's) Ayoubco GC LLC activity within the UAE, including a current development in Dubai on SZR.

The Lighthouse project is a personal project by Mr Ayoub & not his company Ayoubco, although he has obviously sub-contracted the build to his own company Ayoubco. As an observer & in my opinion, it appears 'build/labour' priorities are being given to his business interests & very occasionally a little is given to his personal project The Lighthouse, this is reflected in the slow construction progress witnessed on this site

Other than a delay in late 2004 regarding the clearing of power & telephone lines passing through the site, I cannot see why it has taken over 18 months to dig the foundations & part build the 3rd basement :dunno:

Without wishing to caste aspersions, a private Egyptian taking this much time to carry out a development having taken money from investors on pre-sales sounds decidedly dodgy! May I suggest that it is important for investors to identify and contact the local (sponsor) partner, who may or may not be aware of the situation, and who's reputation in Dubai may be more important to him than to Mr Ayoub. With the prospect of bad publicity blackening his name too, he may take all appropriate action to get the Lighthouse back on track.

May I suggest that it is important for investors to identify and contact the local (sponsor) partner, who may or may not be aware of the situation, and who's reputation in Dubai may be more important to him than to Mr Ayoub. With the prospect of bad publicity blackening his name too, he may take all appropriate action to get the Lighthouse back on track.

Our Owners Group (Several Investors in TLH) have tried to obtain Mr Ayoub's local (sponsor) partner's name & business, but this has proved difficult. We have recently been given a name, that is 'Al Bustin', but we don't know who he is or how to contact him. (possibly in the Oil Refinery business)

If anybody knows who this guy is; please post it here or PM me, Thanks :)

I don't think that contacting Mr Ayoub's local sponsor will help in any way, as the Lighthouse project is one he is doing on his own.

The main problem is, as I have mentioned before, that because most of the apartments were sold quite cheaply, Mr Ayoub is just not going to make much of a profit (if any) on this project and therefore he will only feel inclined to divert workers from his contracting company to work on the Lighthouse if they have any 'free time' in between the other jobs the contracting company is committed to perform.

yes that's exactly what this person told me about the work progress... workers come when they have time.. .equipment comes when there is extra to spare from mr. ayoub's other projects

Gulf news today stated that Ayoub had remove all his funds and fled the country. See www.Gulfnews.com its under workers not paid/sewage Anyone know anymore on this. I live in Dubai and have been concerned over the slow process. the office informed us that the problem was with Emaar over cables in the ground. Went to the site last week no work going on.

Here is the direct link
http://www.gulfnews.com/nation/Employment/10025164.html

So he really did flee Egyptian style :hahaha:

:hahaha: never buy from egyptian developer.

i am veeery curious what is going to happen.

I feel really sorry for anyone who has invested in this project. What is likely to happen now? could someone else take over the development? Don't want to see unfinished projects in Dubai

^^ true, i also feel sorry.

well it won't remain like that. but i also doubt buyers might get their money etc..
it depends on how fast this reaches govt or municipality. bad reputation, they cannot allow that.

I once read in an online paper that Sheihk Mohammed al Maktoum personally guarantees that noone who invests in Dubai property looses his money?

It was about 2 years ago. Anyone remember this and where to find it?

I wonder if he keeps that promise !

Found it:

http://www.dawn.com/2003/10/26/ebr20.htm

now this is really new to me :eek:

will be interesting to see what happens if Damac shuts down :D

anyway i am curious how this will turn out.

i can just recommend buyers to contact the govt/municipality as soon as possible.

Todays gulf news article article mentions a company manager called "Emad Ali Ayoub". The Lighthouse project is/was run by someone who calls himself "Emad Adly Ayoub".

Is this really the same person?

The gulf news article was talking about Ayoubco and is NOT available anymore. I wonder why?

Here is a bit of background info (comes with no guarantees):

Ayoubco is contracted to build the Lighthouse but is not the owner.

The owner is Mr. Emad Adly Ayoub. He is not in Dubai at the moment but on vacation and is trying to arrange a counterstatement in Gulf News to clarify the situation.

Due to the long delays at the start of construction (Removal of a major electricity cable and addition of 3rd basement) there was indeed a cash flow problem. Mr. Ayoub claims to have secured additional financing which will be available at the end of this month resulting in a much faster construction pace.

New completion date: April 2007

We will see...

hi does anyone know if a company is a llc does it need a local sponser?
how many people on here have invested in the lighthouse? still no reply from owners.....

hi does anyone know if a company is a llc does it need a local sponser?
how many people on here have invested in the lighthouse? still no reply from owners.....

Ayoubco Contracting LLC is Mr A Ayoubs company & yes he has a UAE sponsor we believed called Al Bustin (works in the refinery business), but nobody seems to know who or were he is. The Lighthouse is Mr Ayoubs personal project, but he is (or was) using his own company Ayoubco to construct it.

There are several investors communicating regularly at on this site & at dubaipropertyforum.com (http://www.dubaipropertyforum.com/board/index.php) any investors should get involved with this communication so we can work together to get a positive result from this nightmare situation.

What shocking reading this makes, I'm on vacation & have totally missed this latest news.

hi going to meet jana tomorrow who will explain everything(in her words!!!)so lets see what excuses they come up with....mr.ayoubco is still away and due back in dubai next week.the workers lodged a complaint again today with police against him and unless there paid straight away they are not allowed on the site.so back to no movement!

Dubai100 - what happened with your meeting with Janna?

hi basically mr.emad is owed alot of money 45 million by a company called union properties (he built there villas in mirdiff,another freehold dev)so at the moment he is in court with these guys to make them pay,this ihas been on for two years.spoke with jana yesterday and she is meeting with other developers to finish this project.I know everyone is upset but there is no need to take it out on her shes got apartments in the building aswell.we will just have to sit it out for a while and im sure it will be started soon .I live in dubai and have bought apartments so if anyone wants to get in touch with me they can.My email is clarklisac@hotmail.com

UP is not paying there debts.. .. :runaway:

Sorry to hear that everyone.... I hope the construction will start soon

UP not paying up? I think that's BS considering UP's excellent reputation in the property market

have you seen the finishes in the apartments....its not bs we saw the file for the court case.

I heard that there may about to be a meeting of the investors to discuss the best available options on how to complete the project. Is this correct?

You were right anacreon, there was a meeting tonight (Tues) at the Emirates Hotel. Janna (TLH Admin Manager) arranged it for the investors to clarify some issues.

1) Basically Emad Ayoub is still out of the country (in hiding with everyone's money)
2) The police have closed & sealed off his office(s)
3) At present The Lighthouse project is dead (not sure it actually lived?)
4)various options to recover the project are being discussed.
5) Numerous communications are being circulated to the Dubai Authorities, EMAAR, Embassies, newspapers etc etc etc. help/intervention is needed urgently for the sake of the investors!

i feel very sorry for all of you of course.

but on the other hand it is very interesting to follow what will happen and what options investors have.

in fact sheihk mohammed promised people who will lose their investment in dubai will get their money back!

this is big news... so can we officially confirm that this project has been canceled.. at least till mr. ayoub gets his ass back to Dubai?

unbelievable
he's like that guy with the jewel project from 1 1/2 years ago

how on earth can people do something like this???!!! :ohno:

like flo said, it's very bad to hear that, but it will be rather interesting to see how he will be dealt with now!

Lets hope Sheikh Mohammed is true to his word :master:

As posted by ChrisO recently:
Dubai to guarantee capital of investors, says al-Maktoum

DUBAI, Oct 25 2003: The government of Dubai will guarantee capital invested in projects in the emirate, the emirate’s crown prince Sheikh Mohammed bin Rashid al-Maktoum said in an interview published on Saturday.

Dubai will not allow any (investor) to lose ... If anyone’s investment in Dubai regresses, and if the capital regresses, then the government of Dubai will give him, and it will buy what he has invested in, al-Maktoum said in Al-Bayan newspaper.

Full article at: http://www.dawn.com/2003/10/26/ebr20.htm

btw i always thought ayoubco was a recognized name in the construction industry.... very surprising to see this kinda shit from this company

Hi guys,
I also have a flat in Lighthouse and due to all the problems you are already aware I am joining to the communicty.
As I am not very well aware of the laws in Dubai could someone tell me what is gonna happen next and basically what is gonna happen to our money??

Hi guys,
I also have a flat in Lighthouse and due to all the problems you are already aware I am joining to the communicty.
As I am not very well aware of the laws in Dubai could someone tell me what is gonna happen next and basically what is gonna happen to our money??

Hi KZ

For more Info . . . . sign up & join other Lighthouse investors, in the owners section @:
http://www.dubaipropertyforum.com/board/index.php

Hi KZ

For more Info . . . . sign up & join other Lighthouse investors, in the owners section @:
http://www.dubaipropertyforum.com/board/index.php

Thanks DF,
Joining to the lighthouse owner grups needs some permissions, do I need to be invited to the group, if so can you guide me through?

KZ wrote
Thanks DF,
Joining to the lighthouse owner grups needs some permissions, do I need to be invited to the group, if so can you guide me through?

Hi KZ

Its easy to join the property forum (just like this one), click on the link to direct you to the forum site, then register (via the home page 'register' link).

ChrisO the administrator will need a few details (e.g. number of your apartment etc) to allow you access to the restricted 'owners section' of the forum.

. . good luck, please let me know if you need any further assistance :)

http://www.dubaipropertyforum.com/board/index.php

NOTE to other forumer's . . this property forum/site extends to other properties in Dubai, not just The Lighthouse

unbelievable
he's like that guy with the jewel project from 1 1/2 years ago

how on earth can people do something like this???!!! :ohno:

like flo said, it's very bad to hear that, but it will be rather interesting to see how he will be dealt with now!

What i'm wanting to know is if Sheikh Mohammed stepped in when this one went under? If so, then why is he not steppin in with TLH project.

News related to Ayubco

Abandoned workers fear their plight will be ignored

Dubai: Hundreds of abandoned workers fear officials have forgotten their plight as they continue to live off charity in their overcrowded labour camp, with concerns they will not receive months of unpaid wages.

Ayoubco's manager abandoned about 450 workers in Dubai earlier this month. The men protested against their conditions and appealed for food and water.

Labour officials then halted all transactions of companies belonging to the former and current Ayoubco sponsor.

Lieutenant Rashid Al Jumairy from the Permanent Committee for Labour Affairs in Dubai (PCLAD) also intervened.

He said Brigadier Saeed Mattar Bin Bleilah, PCLAD's head, and also head of Dubai's Residency and Naturalisation Department, authorised emergency funds to pay for the workers' food from today. A daily budget of Dh9,000 has been assigned for the purpose.

One worker, Abdul Halim, said yesterday the men were still living in miserable conditions.

"The Ministry promised us they would dissolve the company's bank guarantee and pay us, but nothing's been done. Worse, a labour official told me we'd each have to pay Dh2,000 to obtain a temporary labour permit. We haven't been paid for five months, how are we to get this money, and will we earn it back if we work temporarily?"

He said the official told them if they protested again they would be deported. "I'm afraid the men will protest out of frustration, or we'll have to steal to survive."

He said officials should give the men who wanted to be repatriated a free temporary work permit and allow workers who wanted to stay to transfer sponsors, without paying sponsorship fees.

Lieutenant Al Jumairy said the men's circumstances were "very difficult" and he was negotiating with the Labour Minister, Dr Ali Bin Abdullah Al Ka'abi, to transfer them to another company, without paying transaction fees.

He could not say what would happen to workers who did not want to transfer their sponsorship, but said he was trying to resolve the issue "amicably."

"We will also address all relevant government departments to halt all transactions with the companies owned by the two sponsors as a form of pressure."

A Labour Ministry official said he was unable to comment on the issue.

^^ interesting.
but as a matter of fact it also mostly depends on the companies, this idiot ran away with the money, if he wouldn't done so all these issue wouldn't have happened in the first place.

but well 500 towers+, you can't only have white sheep.

have any of the lighthouse investors (and we have quite a few here) investigated as to what is gonna happen to this project now that the developer himself has fled?

have any of the lighthouse investors (and we have quite a few here) investigated as to what is gonna happen to this project now that the developer himself has fled?

No definite news yet . . .

Lawyers are currently pursuing potential recovery of the project, in the interest of the current investors.

We believe Mr Emad Ayoub is still in hiding whilst the authorities investigate the situation.

The Gulf News ran another article yesterday which reconfirmed Ayoubco's business activities have been shutdown (including that of it's UAE Sponsor, name still not confirmed)

This Ayoub guy should be found and brought back to Dubai. He should be strung up by his testicles (sorry Appletree!) high up over the Marina, and his body should pay testament to all other wannabe fraudsters and a permanent deterrant to any unscrupolous developers.

Hell! Ima stand for President, f**k it!

:hahaha::hahaha: Normarandlee would love that last comment! I can just imagine him running to all his pals shouting "Look look! The Arabs are hanging ppl over there!!!", like the little punk ass trash bitch that he is!!....Oh..Normrandlee..didnt see you there mate..how u doing buddy?....

Naz do you ever say anything useful in these forums!

Speaking of useful posts, where is Juiced these days?

Thats for y'all to judge Gorilla!

^^ juiced ... right.. wonder if he still exsists.

he and NAZ i am sure there would be a connection :runaway:

I also wonder wher Dubai_boy is......but yeah Juiced and Naz will get on like a house on fire

What percentage of the total cost have you investors paid till now?

what connection?

^^ i will leave that one up to you :D

What percentage of the total cost have you investors paid till now?

My friend has paid 3/4 of the total price....around£60k

that's a lotta money

that's a lotta money

I would totally agree Krazy, at this stage of the contract investors have paid between 40% & 75% of the purchase price to Emad Ayoub, the fraudulent developer. :soapbox:

Surely the master plan sponsor for the marina, Emaar, have a contingency plan for this situation? If this type of situation were to be repeated, then all confidence in the pay up front way of purchasing property would come to a sudden end. Developers would have to find Banks and institutions to back them, provide security, guarantees and floating bond of charge over their companies. The result of this would be another 10 years added on to the construction of the marina.

I would think that to carry out a fast track development like the marina using multiple private developers relying on small investors money from all over the globe, would need someone overseeing the operation and ensuring that the good name of Dubai is not tarnished by letting this situation to become terminal for the investor. Emaar need to show that they have the situation under control to maintain investor confidence in the marina.

Looks like Emaar couldn't give a flying toss about investors either, or any comments or feedback whatsoever, for that matter.

Their all singing/all dancing website doesn't allow you to post questions or comments, and no email address is given. Just a crappy form to fill in, which at the end of the 10 lousy minutes you've just wasted typing ur comments into, takes you to a server error page.

Thats how much Emaar wanna listen to what you and me have to say.

In all fairness... your not emmar customers... so why should they care what you have to say?

they may not care about Lighthouse customers, but they wouldnt want a unfinshed building site in the all glittering Marina when all is ready either.

I am sure they are looking at finding new buyers for the plot with the view to finish the construction, as for the people who have paid well that I am not sure!

Well someone in Dubai needs to give a monkeys (sorry for the pun gorrilla) otherwise the Lighthouse Investors will have lost a lot of money.

Which is not good publicity for Dubai, the marina or future as well as current investors.

I always thought there was some kind of bond / guarantee taken by Dubai Munciplity before a tower was approved.

We need to maybe allow a few weeks for it to settle and maybe picture will become clearer.

But if situation is the say i'd be think of getting the worldwide media spotlight on Dubai and how there is no safeguard for Investors. Yeah i know it's not good for Dubai but then neither is lossing thousands of pounds for small investors.

I don't know what we can do but collectivley the Investors in the Lighthouse and Investors in Dubai's other projects need to make some noise. If nothing is resolved.

Thats not the point Dubai. If you're gona put a feedback section on your website, you should have the common decency to have it working. That's the point! If they don't wana hear what ordinary ppl have to say, get rid of the feedback and "contact us" section!

And secondly, we ARE Emaar customers. Just like we are customers of Dubai Inc. You're burying your head in the sand if you really think otherwise.

This is a very testing time for Dubai, its Authorities, developers & investors.

The recent article on Dubai in The Times Newspaper (http://business.timesonline.co.uk/article/0,,10689-1996116,00.html) has a paragraph which IMO sums up the current situation in Dubai:
What’s gone wrong? Getting answers here is a tough business. Dubai does not do “problems”: it does snow-covered ski resorts in the desert and razzle-dazzle seven-star hotels. Through boundless optimism and vast oil wealth, it has created a climate-controlled zone of opportunity for expatriate property investors. Or, at least, it thought it had

Lets hope the situation at The Lighthouse can be quickly (& suitably) resolved, lessons learned may then give some security to all investors in Dubai.

Yes indeed.....otherwise investor may refuse to pay in advnace and actually pay upon a particular stage being reached in the development.

I.e 10% Deposit

15% when Podium Done

15% when floor x reached etc.

Some Developers have a payment plan like this but there are not many

And secondly, we ARE Emaar customers. Just like we are customers of Dubai Inc. You're burying your head in the sand if you really think otherwise.

your burying your head in the sand if you think for more than one miniute that they feel the same way.

i dont think previous victim investors of fake projects have gotten compensation, but since this one actualy got to the construction phase, it might be different. it also helps that it is a relativly small project.

i doubt Emaar have any obligations or will take any action over this project

they have sold their land, and im guessing they have recived payment. it will be down to the banks, layers and courts to sell the plot on again and recover compensation.

from what i've heard, every developer has to give the govt. of dubai about a million dirhams "guarantee" that they won't run away

I suggest one of you lighthouse investors to write to this guy... he's pretty good at suggesting what to do

http://www.gulfnews.com/nation/Ask_The_Law/index.html

developers have to give guarantee to master developers. that is true.

so something might happen, yes.

also, think of how many properties there are in dubai, and this is obviously the first case , only one of 500, the situation is not that bad.

but it is true, you need to do your research and find answers to yourself if you want to buy in dubai.

if you do so, you are unlikely to lose money, in fact you can make a lot of profit.

You can Reserach til the cows come home i have seen in my lifetime so very big and highly respected companies go under with investors losing money.

Ok i can't think of one in construction be nevertheless just because the company is big and has a reputation deos not mean it will not flop.

Therefore Investors Investments needs to be safeguarded in another way.

Dubai, once again, its about customer relations and PR. So it seems now you're contradicting your previous comments on Dubai's level of PR skills. You reckon they're very good at it. Are they? If they truly do adopt your attitude to customers (God forbid that they actually do), then I think you'll agree with me that their PR skills are nothing but academic.

Corporations and PLCs don't often compel to customer services issues because they "have to"....they do it because they need to, to continually maintain a "positive" image in the public's eye. Yes, they might not legally be liable for anything, but it would be a jesture of goodwill on their behalf, to restore investor confidence.

Dubai loves to promote itself.

but customer service is another matter. just look at etisalat for the definative example.

There is another twist in the tale at The Lighthouse Site . . .

It has been confirmed the site 'Ayoubco' boarding has been replaced/rebranded with 'MAIN CONTRACTOR GOLDEN LINE CONTRACTORS LLC (GROUP)'

Unable to find any references to Golden Line Contractors LLC (Group) on the internet - Does anybody know of this company?

now this is really weird..
i have no idea what could it be..

what the heck is going on...

someone needs to visit the site, take pictures, talk to the workers

ok, tomorrow I am going to the site and take pictures..

ok, tomorrow I am going to the site and take pictures..

Thanks in advance Imre & everyone else for your concern(s) & assistance at this uncertain time at The Lighthouse Project :)

Thursday 4pm Dubai time:


http://i78.photobucket.com/albums/j115/ozindxb/P3300001.jpg

http://i78.photobucket.com/albums/j115/ozindxb/P3300003.jpg

A few workers standing around. All they said was "Long time no pay. Now no working."

This is an utterly bizarre situation! :weird:

In any civilised country in the world, something would have been done about this by now.

i guess that settles it then.


to be honest your best idea would be to e-mail gulf news, and get them to run a story.

maybe 7days woud be better actualy.

or even emirates today.

From Gulf News March 27:

Abandoned workers fear their plight will be ignored
By Diaa Hadid, Staff Reporter



Dubai: Hundreds of abandoned workers fear officials have forgotten their plight as they continue to live off charity in their overcrowded labour camp, with concerns they will not receive months of unpaid wages.

Ayoubco's manager abandoned about 450 workers in Dubai earlier this month. The men protested against their conditions and appealed for food and water.

Labour officials then halted all transactions of companies belonging to the former and current Ayoubco sponsor.

Lieutenant Rashid Al Jumairy from the Permanent Committee for Labour Affairs in Dubai (PCLAD) also intervened.

He said Brigadier Saeed Mattar Bin Bleilah, PCLAD's head, and also head of Dubai's Residency and Naturalisation Department, authorised emergency funds to pay for the workers' food from today. A daily budget of Dh9,000 has been assigned for the purpose.

One worker, Abdul Halim, said yesterday the men were still living in miserable conditions.

"The Ministry promised us they would dissolve the company's bank guarantee and pay us, but nothing's been done. Worse, a labour official told me we'd each have to pay Dh2,000 to obtain a temporary labour permit. We haven't been paid for five months, how are we to get this money, and will we earn it back if we work temporarily?"

He said the official told them if they protested again they would be deported. "I'm afraid the men will protest out of frustration, or we'll have to steal to survive."

He said officials should give the men who wanted to be repatriated a free temporary work permit and allow workers who wanted to stay to transfer sponsors, without paying sponsorship fees.

Lieutenant Al Jumairy said the men's circumstances were "very difficult" and he was negotiating with the Labour Minister, Dr Ali Bin Abdullah Al Ka'abi, to transfer them to another company, without paying transaction fees.

He could not say what would happen to workers who did not want to transfer their sponsorship, but said he was trying to resolve the issue "amicably."

"We will also address all relevant government departments to halt all transactions with the companies owned by the two sponsors as a form of pressure."

A Labour Ministry official said he was unable to comment on the issue.

There is another twist in the tale at The Lighthouse Site . . .

It has been confirmed the site 'Ayoubco' boarding has been replaced/rebranded with 'MAIN CONTRACTOR GOLDEN LINE CONTRACTORS LLC (GROUP)'

Unable to find any references to Golden Line Contractors LLC (Group) on the internet - Does anybody know of this company?


Has anyone checked the board that usually has the render on it from this it sounds like it's on that the change has occured.???

I only saw the white fence I've photographed.

Thanks for the site updates guys . . .

I apologise, I mis-interpreted some previous information (in post 222). It has been confirmed GOLDLINE have taken over two of the Ex AYOUBCO sites in Dubai:
1) Site near by Old Winchester hotel
2) Site behind BUR DUBAI SPINNIES (Near RAMADA HOTEL)

As Emad A Ayoub (the fraudulent Owner of AYOUBCO) was building The Lighthouse as a personal project (using his company Ayoubco), nobody is sure whether GoldLine will take over at TLH.

In the meantime Lawyers representing the investors are still talking with Emaar regarding a positive way forward.

lawyers representing the investors? who is paying for these lawyers?

Hopefully the Dubai government or Emaar. It would be a damn shame if investors have to pay more money in order to get there original money or this project back on track.

This is not just about the Lighthouse project.

Every investor should be concerned right now, because if this project is not completed by Emaar or someone else, there will be a massive media and internet campaign all over the world highlighting that there is no protection for Dubai investors and promises of the ruler's cannot be trusted. Press (big names) is standing by as we speak.

BTW: Just heard a rumour that a Dubai real estate fund has gone bust! You can announce as many laws as you want. As long as those kinds of news are printed the confidence is shrinking rather than increasing.

Chris, how dare you? This forum has no place for common sense, logical comments like that, only room for pointless speculation and "investor-bashing" here!......YES i'm being sarcastic. You're comments are spot on!

^^ i doubt it will have that much impact in the world ;)
but still, you are right ChrisO.

Nevertheless so many properties in Dubai are in fact completed, you always have black sheeps.
also, it is not like this issue here is done now, and the site remains like that.

i am sure eventually something will happen!what? well ..

This is not just about the Lighthouse project.

Every investor should be concerned right now, because if this project is not completed by Emaar or someone else, there will be a massive media and internet campaign all over the world highlighting that there is no protection for Dubai investors and promises of the ruler's cannot be trusted. Press (big names) is standing by as we speak.

BTW: Just heard a rumour that a Dubai real estate fund has gone bust! You can announce as many laws as you want. As long as those kinds of news are printed the confidence is shrinking rather than increasing.


It happened before and no one cared. they spoke about it on the bbc and no one cared.

bu i agree, if you can get publicity about the investors plight, then their might be a chance. but since its already been a few weeks, and nothing has been in the paper... it doesnt look good.

these companies are crazy, they dont know how to run or treat thier workers properly

http://tinypic.com/so1qti.jpg

Shame really all ground work done....just hope they get someone to finsh off or at least the investors get there money back.

31/03/2006

http://tinypic.com/so22b5.jpg

no workers there...
I have spoken with a pakistani guy from buffet and the site is empty ...
I have heard about that the developer has been changed yet and soon starts the work again..
..but they expect around 1 year delay..
Another Ayubco project (sheikh zayed road , near al barsha , mall of the emirates) still stops.. on Thursday I saw there lot of workers but they were only relaxing there./..

from the website

http://www.lighthouse-dubaimarina.net/images/milestones.jpg

:rofl:

at least they got sth like a schedule...

RE The Lighthouse Build Schedule/Programme on TLH website

This (pitiful) graphic was a part of Emad Ayoubs fraudulent property scam, an infinitely variable bar chart which he often referred to but never ever met. He just stretched it out a bit further each time to suit his continuous lies to the investors (note the completion date on the schedule, end of Nov 2006).

Email reply from Emad Ayoub 27/07/05, regarding an enquiry from me about the lack of construction progress:

Thank you for your e-mail. As you noticed from the photos,the project is progressing satisfactorily We will also put on the website the planned programme of work which will give you an idea about the dates. This programme will show a completion by July 2006. We will update it regularly as we will try to recover the delay without compromising the quality. :wtf:

This guy wants stringing up for his criminal activities :mad:

forgive dubaiflo. He is a kid with a PC... His postings in general are not very mature.... :sleepy:

^^ what r u up to...

i was merely being sarcastic.

out of your 277 post 200 were probably insulting me.

this chart is one of the most ridiculous things i've ever seen

and this email is really shocking
it's not fun anymore, hopefully somebody will mess up both, this bastard and his company!!

^^ as jechtman called it, he did it egyptian style.

i am convinced govt will take care about this guy and his so called company.
they won't go on just like that, as if nothing happened..

alone the fact the plot would remain like that forbids it.

Emaar wouldn't like to see that.

Question remains if that gets the investors their money back...

still , with all respect for the buyers, i feel very sorry for them.. it is one black sheep out of hundreds.. at least till date.