Name: Arabian Legends
Location: Dubai Land / Eco Tourism World
Cost: $300m
Area: 25m sqft

designed in typical arabic architecture
a combination of dubai's history and modern technologies
located in the heart of dubailand
divided into 5 parts:
Tales of the City, Tales of the Sea, Tales of the Desert, Tales of Adventure and Travel and Tales of the Future

possible total investment: $1.5bn

http://www.livinglegendsdubai.com/images/mainmap-detailed.jpg

http://www.tradearabia.com/source/2005-01/05/gfh.jpg

So over used
"This project is One Dubailand's most unique projects"
"This project will boost the positioning of Dubai and will be one of our leading attractions for tourists to come to Dubailand"
they say this about every project these days.

Not sure this project get my interest much. I sounds quality just don’t see it a popular as some of the others





here's the official press release:

Gulf Finance House plans USD 1.5 billion investment in theme park resort in Dubailand
In a significant development, Bahrain-based Islamic investment major Gulf Finance House (GFH) marked its entrance into the entertainment and leisure development sector in Dubai today, with the signing of a theme park resort in Dubailand.


http://www.ameinfo.com/images/news/9/5439-dubailand.jpg
Mr. Mohammed Al Gergawi, Chairman of the board of DDIA and Mr. Esam Janahi, CEO of GFH.

The agreement provides for GFH and partners to co-develop the Arabian Legends Theme Park Resort (Arabian Legends) within the ambitious Dhs 18 billion Dubailand development, which is designed to create one of the regions single largest destinations for entertainment, tourism and leisure facilities.

Mr. Mohammed Al Gergawi, Chairman of the board of DDIA and Mr. Esam Janahi, CEO of GFH, signed the agreement at a ceremony attended by senior officials and dignitaries. 'We welcome GFH's decision to be part of Dubailand. We see Dubailand as a regional facility that will draw international tourists to the Gulf and Arab world. With a regional conglomerate joining us as a partner, the venture supports the spirit of Dubailand, and the quality that is achieved with this union heightens Dubailand's image of being a facility that is truly luxurious and high quality. We encourage other regional entities to follow the example set by GFH and help us create a truly exceptional facility."

Mr. Al Gergawi added: 'Dubailand is a strategic milestone in the development of tourism and leisure. We are confident that GFH will bring in the expertise and attract the knowledge of strategic investors to Dubailand in the hopes to generate lucrative opportunities for the expansion and development of this multibillion dollar project.'

He said the Arabian Legends Theme Park Resort will span over an area of 25 million square feet and is a singularly attractive majestic and fascinating leisure and cultural project, which is designed in traditional rich colours and opulence related with exquisite Arabic architectural creativity.

'Arabian Legends is one of Dubailand's most unique projects. A combination of rich Arabian heritage and modern technology is truly a luxurious blend of cultures,' Mr. Al Gergawi added.

Unveiling details of the partnership Mr. Esam Janahi, CEO of GFH said: 'It is a matter of pride and prestige for us to be part of this unique project that will certainly add more value to Dubai's image on the global tourism map. GFH and its development partners in this project – Edifice, Jean Michel-Ruols Architectes and Glen Corporation – will develop the theme park in line with its concept that emphasises regional culture based on legendary themes and landscapes capturing the essence of Arabian history and traditional values.'

He said GFH partners in the Arabian Legends were world-class entities with proven track record from across the globe. Edifice, the design and project management consultancy, under its principal, Shahram Foroughi, is famed for its involvement and development of a number of leisure and entertainment projects including Euro Disney Paris, Asterix Theme Park in Paris, Dubai's Wild Wadi and Adventureland in Sharjah etc.

Jean-Michel Ruols Architectes is one of the top leisure designers and specialists who are based in France and have designed prestigious projects such as Asterix Theme Park in Paris, Caldea Thermal Centre in Andorra, Waterpark in Mumbai, and many others. Edifice and Jean Michel-Ruols Architectes are also involved in the development of the GFH-promoted US$600 million Al Areen Desert Spa and Resort in the Kingdom of Bahrain and Dubai Heritage Vision in Dubailand.

Glen Corporation, involved in indoor and outdoor amusement operations, have been offering consultancy services to many Asian and Middle East leisure entertainment centres. Its principal, Glenn Figueroa is third generation in the industry and is currently operating Adventureland in Sharjah, UAE. Other projects in the pipeline will position Glen Corporation as the leading leisure operator in the Middle East.

Mr. Janahi said: 'We are looking at an investment size of US$1.5 billion (AED 5.50 billion) in Arabian Legends. We are committed to our shareholders to invest in real estate assets which promises high returns and we are confident that Dubailand is a sterling opportunity.'

He said the Arabian Legends Theme Park Resort will have the most thrilling game rides and attractions unmatched anywhere in the region making it a unique leisure and entertainment destination.

'The Arabian Legends Theme Park is central to the Dubailand project. In the context of the rapid economic diversification that is happening in the UAE and the aim of developing more non-oil revenues, the Dubailand project has a strategic significance,' Mr. Al Gergawi said.

The concept of Arabian Legends is themed into five unique segments – Tales of the City, Tales of the Sea, Tales of the Desert, Tales of Adventure and Travel and Tales of the Future – offering a wide range and variety of rides and entertainment to visitors.

'We are absolutely confident that Arabian Legends will boost the positioning of Dubai and will be one of our leading attractions for tourists to come to Dubailand. Tourism is a major focus area for Dubai and it is expected that the emirate will attract some 15 million or more tourists by 2010. It is certain that Dubailand will accelerate the growth of both tourism and the hospitality industry in turn catalyzing the local economy,' Mr. Al Gergawi added.

as many people complain about "missing" history ( :ohno: ) this will be a great addition

i guess it might infor a few

Is Arabian Legends the Pharoah's Theme Park?

i though Pharaohs Theme Park was it own
But I could be wrong
we need to change the start of this thread so it starts with details

ok, i'll change
i put the details in post #1
and i put the press release in your post #2 trances

i also think it is a different project

lol looks like I found the article
fine I’ll take credit then

Legends is a major part of dubailand which comprises six smaller units, one of them arabian legends, so i decided to post it here, the other two parts yet to be launched are "Legends of Nature" and "Legends of the World".




Gulf Finance House unveils master-plan of its mega, USD3.8 billion Legends - Dubailand project

On the second and penultimate day of Cityscape, the international commercial architect and project development event in Dubai, leading Bahrain-based investment bank, Gulf Finance House B.S.C (GFH) presented the master-plan, and the various elements of its mega USD 3.8 billion, mixed use entertainment project – Legends-Dubailand.

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


Left to right: Jean-Michel Ruols of Jean-Michel Ruols Architects, Mr. Shahram Foroughi, Managing Director, Edifice, Sheikh Sulayman A. Al-Majed, General Manager, Tanmiyat Group, Mr. Esam Janahi, Chief Executive Officer (CEO), GFH, Mr. A. Rahman Mohammed Al Jasmi, Chief Placement Officer, GFH, Mr Ahmed Al Qutan, Chief Investment Officer, GFH and Mr Keith Palker, Managing Director, PM Realty Gulf

GFH further announced that the leading Saudi Arabia based real-estate and investment group, Tanmiyat Group, has joined the project as a strategic investor underwriting 40 per cent of the upcoming US$302 million private placement floatation for the first phase of the project. It said that this significant step will accelerate the development of this, the first integrated resort project in the region.

'We welcome Bahrain's Gulf Finance House and Saudi Arabia's Tanmiyat Group to Dubailand. Their interest shows how truly regional a project Dubailand is,' said Mr. Mohammed Al Gergawi, Chief Executive Officer of Dubai Holding. Dubailand is part of Dubai Holding.

'Legends-Dubailand is one of a kind project. It shows others the way as to how cross-border entities can join together for the good of all. We call upon other leading institutions to look at similar opportunities, which ultimately will result in fulfilling the dream of economic integration as it cherished in the GCC's Unified Economic Agreement of 1981, said Mr. Al Gergawi in a special message to the local, regional and international media corps at the launch press conference organised on the sidelines of the Cityscape exhibition in Dubai today.

Addressing the press conference, Mr. Esam Janahi, Chief Executive Officer (CEO), GFH said: 'Legends-Dubailand, spread over 24.7 million square feet in Dubailand, will be an incredibly unique entertainment project that blends technical ingenuity with the thrills of fantasy and fables from times of yore.'

'The project further allows GFH to be a proud participant in the development of Dubailand, which is expected to attract almost 15 million tourists a year when completed,' Mr. Janahi further said, while adding, 'Legends-Dubailand represents an important diversification for GFH and we are confident that the project will mark a significant milestone within the tourism sector in the region, which is in the throes of an unprecedented boom.'

Conceived as the single largest destination for family-oriented, leisure and entertainment tourism in the Middle East, Legends-Dubailand will expertly blend technical ingenuity with the thrills of fantasy and ancient fables.

Mr. Janahi further said that even prior to its launch the project had received substantial interest from the regional investor community. 'The first phase of the project, which primarily entails the creation of the basic infrastructure for the entire development, will cost US$302 million, which will be raised through a private placement initiative to be launched shortly. However prior to the formal floatation, we have already received commitments in respect of 40 per cent (US$ 120 million) from the leading Saudi-based Tanmiyat Group.'

Mr. Sulayman A. Al-Majed, General Manager, Tanmiyat Group, said: 'As a group that is in the forefront of identifying unique real-estate investment opportunities across the region, we are proud to be associated with a project of this magnitude and stature. As strategic investment and development partners for the first phase of Legends-Dubailand, we will endeavour to create a solid infrastructure environment for the development of the entire project.'

The Group will also be responsible for the project management and design for the first phase of the project.

At the core of the project, which comprises of six main components - are three world-class theme parks, which together will constitute the largest indoor theme park in the world. The three theme parks at Legends-Dubailand are Legends of Arabia, Legends of Nature and Legends of the World – all of which are inspired by the magic of mythology, natural wonders, and sensational places on the planet.

The Legends Leisure Complex is envisaged as a vibrant mixed destination for family entertainment complete with innovative retail concepts within a themed environment. Further the development will also feature four themed hotels, three of which will be based on Arabian, Carribean and Medivial concepts respectively. Apartment complexes will envelope this destination.

Legends-Dubailand will also feature a golf course which will split this energy-bustling atmosphere from the tranquil residential component of the project - Living Legends –comprising of independent and semi-detached villas.

The final component of the project - Trade Legends - will further offer offices, while featuring a covered arcade that envelopes all the various elements.

The first phase of Legends-Dubailand is set to begin in March 2005 and will be completed by 2007, when the first of the theme parks – Legends of Arabia – is scheduled to be operational.

Mr. A. Rahman Mohammed Al Jasmi, Chief Placement Officer at GFH said that a consortium comprising of three leading international consultants – Jean Michel Ruols Architectes, Edifice and Glen Corporation - had been brought onto the Legends-Dubailand platform.

'GFH is proud to collaborate with these world's leading players in the leisure industry. These alliances, while ensuring the successful execution of the Legends-Dubailand project, will also serve to add a new dimension to integrated resort themed project development in the region,' he concluded.

While Edifice will provide design and project management consultancy to Legends-Dubailand, Jean-Michel Ruols Architectes will be the architects for the project. Glen Corporation has been selected as the theme park operator of the project.

Mr. Shahram Foroughi, Managing Director, Edifice, described Legends-Dubailand as a bold and new concept that would set a benchmark for integrated resort developments in the Middle East.

'At the core of the Legends-Dubailand project are its three theme parks, the success of which will be driven by a combination of innovation and creativity. We have been closely associated with the evolution of this project for the past several months and are confident that the blend of ingenuity and imagination that it represents will prove to be an unqualified success,' added Mr. Shahram Foroughi.

He said the Legends of Arabia theme park will bring to life Arabian legends and create landscapes that capture the essence of Arabian history and tradition. 'Legends- Dubailand adds a new dimension to our activities and we are looking forward to working in cooperation with GFH and our other partners,' Mr. Shahram Foroughi added.

Saudi group buys 40% of US $3.8 billion Legends Dubailand

A Saudi investment group has committed US $120 million in the company that is being formed to promote the world’s largest indoor theme park, the $3.8 billion mixed-use Legends-Dubailand project. The holding company, being formed by Bahrain-based Gulf Finance House through a private placement, will be capitalised at $302 million and will be registered in Dubai.

“Sheikh Sulayman Al Majed of Tanmiyat has committed to 40% of the holding company’s capital,” said Esam Janahi, GFH chief executive, while announcing details of the project.

Ahmad Al Qattan, GFH chief investment officer, told Construction Week that the group has shortlisted the project manager for Legends–Dubailand. It is an international name and will be announced shortly. Jean Michel Rouls is the architect for the project and Edifice of Shahram Faroughi has provided design and project management consultancy. Glen Corporation will be the theme park operator.

GFH is in negotiations with property management consultants, and has a short list. “We are negotiating with international names and we will shortly announce this too. We also have a feasibility study consultant,” Al Qattan said.

He explained that studies are at an advanced stage and that the group is in the mobilisation phase. Actual site mobilisation will start by the middle of next year. “The project will be carried out in three stages. We will have the first phase operational by 2007 with the first theme park of Legends of Arabia. The second stage will be completed by 2010 and the third and final phase by 2013.”

Speaking on the sidelines of last week’s Cityscape, Janahi explained that the project will be financed in phases. “We have 10% as equity that will be used for infrastructure. We will create project finance for each cluster as it develops. We project a 20% internal rate of return,” Janahi said.

Al Qattan said revenues would kick in much earlier than the operational first phase with the sale of freehold homes on the development. He explained that the project will be developed in close partnership with Dubai Holding, which is promoting the vast 200 million m² Dubailand. In a statement, Mohammed Al Gergawi, Dubai Holding chief executive said: “We welcome Bahrain’s Gulf Finance House and Saudi Arabia’s Tanmiyat Group to Dubailand. Their interest shows how truly regional a project Dubailand is.”

Providing details of the project, designer Shahnam Faroughi said the project will have seven main components, at the core of which will be Legends of Arabia, Legends of Nature and Legends of the World. The complex will be spread across 300 000 m² and will be the largest indoor theme park in the world.

The Legends of Arabia will have five theme areas; the Legends of Nature will have a biodome to showcase diversity of the climate and the Legends of the World has been inspired by people and places. The complex will have a Legends Leisure Complex that will offer entertainment, retail and fine dinning with a 16 000 unit car park. It will also feature four hotels, three of which will be themed on Arabian, Caribbean and medieval concepts. Apartment complexes will be part of this segment.

Legends-Dubailand will also have a golf course with surrounding villas built in what will be the Living Legends segment. There will also be Trade Legends, which will offer offices and covered arcades. “The architecture will be dramatic, reflecting Arabian fantasy,” Faroughi said.

any renders!!

there already is a huge board for this on emirates road

but no particular info about it

GFH opens subscription for $302m Legends fund

The Bahrain-based Gulf Finance House BSC (GFH) has opened subscriptions to its $302 million private placement exercise to finance the first phase of its $3.8 billion mixed-use entertainment project - Legends- which was unveiled in Dubai last month.

Making an official announcement in this regard, a top executive of the bank said the private placement exercise has come at a time when the project- the first integrated leisure and entertainment real estate development in the region - had been successful in creating a stir among the community of regional and international investors.

Detailing the singularly unique investment proposition that Legends presents, Esam Janahi, chief executive officer of GFH said: 'Legends is located within the prestigious Dubailand development, which enjoys the full support of the Government of Dubai and is being actively promoted within the regional and international arena.'

He said the project has very high potential, particularly in the wake of the emergent tourism, entertainment and travel sectors in the region.

'Dubailand is committed to unlock the tourism potential that the region, and particularly Dubai has to offer, and Legends will add tremendous value to its positioning by being the single largest destination for family-oriented, leisure and entertainment tourism in the Middle East.'

The Legends project comprises six main components at the core of which are three world-class theme parks, which together constitute the largest climate-controlled theme parks in the world. The three theme parks at Legends are Legends of Arabia, Legends of Nature and Legends of the World - all of which are inspired by the magic of mythology, natural wonders, and the magnificent places on the planet.

'The private placement for the first phase of Legends offers a unique opportunity for investors to partner in this landmark project. The project represents an important diversification for GFH and we are confident that it will mark a significant milestone within the tourism sector in the region,' he added.

A. Rahman Mohammed Al Jasmi, chief placement officer of GFH said: 'The private placement initiative has evoked a stream of enthusiastic investor response immediately after the announcement and the 40 per cent cover by Tanmiyat is a significant indicator of the robust potential of Legends project.'

Legends is the latest addition to GFH's impressive portfolio of pioneering projects which include the $1.3 billion Bahrain Financial Harbour (BFH), and the $600 million Al Areen Desert Spa and Resort, both of which are in Bahrain.

In an effort to boost the company's operations and allow a larger section of the local and regional investors to enjoy the benefits and returns from Legends, and to offer them an opportunity to participate in Dubai's spectacular growth, discussions are intended to be held with the regulatory authorities and relevant institutions to issue a public offering.

'Legends listing on the Dubai Financial Market (DFM) would not only benefit the participants and investors of the project, but would also help in further boosting Dubai's economy and construction industry,' said Al Jasmi.

The first phase of Legends is set to begin in 2005 and will be completed by 2007, when the first of the theme parks - Legends of Arabia - is scheduled to be operational.

The other components of the project include the Legends Leisure Complex, which is a vibrant mixed destination for family entertainment complete with innovative retail concepts within a themed environment. Further, the development will feature four themed hotels, three of which will be based on Arabian, Caribbean and Medieval concepts respectively. Apartment complexes will be built around this destination.

Legends will also feature a golf course, which will be positioned in the midst of this energy-bustling atmosphere and the tranquil residential component of the project - Living Legends - comprising of independent and semi-detached villas.

The GFH is one of the leading providers of Islamic investment and commercial banking services in the region,

The final component of the project - Trade Legends - will comprise offices, while featuring a covered arcade that will accommodate all the various elements.

good news we get here!

and a render

http://www.tradearabia.com/source/2005-01/05/gfh.jpg

masterplans

http://www.legendsdubai.ae/images/Map_masterplan.gif

http://www.legendsdubai.ae/images/map/main.jpg

legends of arabia part

http://www.legendsdubai.ae/showimage.aspx?src=gallery/36.jpg&size=400

http://www.legendsdubai.ae/showimage.aspx?src=gallery/68.jpg&size=400

legends of nature part

http://www.legendsdubai.ae/showimage.aspx?src=gallery/60.jpg&size=400

legends of the world part

http://www.legendsdubai.ae/showimage.aspx?src=gallery/71.jpg&size=400

http://www.legendsdubai.ae/showimage.aspx?src=gallery/73.jpg&size=400

golfing legends part

Dubai is famed as a golfing destination and Legends will further define its position as a centre of golfing excellence. Legends will take the 9 best holes from around the world and combine them in one golfing experience – the result is a legendary course – Golfing Legends.


WOW!!! how will this look like. let me be the first one to play it!!!

woooooha!!!

it will have hotel towers creating a little skyline and the towers can be seen from all over dubailand

oh yeah!! :happy:


anf yes i have found their website!!

http://www.legendsdubai.ae/home.asp

A MUST!!!

http://www.legendsdubai.ae/showimage.aspx?src=gallery/68.jpg&size=400
Its like they extracted that pic out of my childhood dreams.

This project is much bigger than I ever expected it to be. Did you see those glass towers on the website!! I dont appreciate them adding the residential/golfing element tho, so out-of-place and ruins the whole theme park theme! They should have just one big residential area in Dubailand rather than having each project having its own residential. There's a big contradiction, is it a place to settle, play golf and live peacefully or is it a place for young locals and mobile tourists to scream their heads off and go crazy on rollercoasters while fireworks and loud music play in the background?

now check out the towers within this dubailand project!

http://www.legendsdubai.ae/showimage.aspx?src=gallery/47.jpg&size=400

http://www.legendsdubai.ae/showimage.aspx?src=gallery/48.jpg&size=400

http://www.legendsdubai.ae/showimage.aspx?src=gallery/54.jpg&size=400

the golf course

http://www.legendsdubai.ae/showimage.aspx?src=gallery/57.jpg&size=400

Almost 20 identical (although interesting designs, there are only two of them) towers and hundreds of villas in the golf course, this is sounding more like a real estate project. I think they should be focusing more on the theme park aspect of the project rather than on real estate. Sounds like they'll be spending more than USD 2.5bn of the projected investment of USD 3.8bn on real estate property and the golf course. If they spend most of it on the theme park we could have by far the most amazing theme park in the world.

I've seen a very small pic of the legends project in a magazine, it's stunning and for $3.8 billion, expect the unexpected.

KFIC to invest $60 million in Legends

Kuwait Finance and Investment Company (KFIC) has subscribed to 20 per cent of the $302 million private placement initiative for the development of the first phase of the $3.8 billion Legends integrated theme park project in Dubailand.

With this, officials say, over 80 per cent of the private placement has been picked up by institutional and individual investors.

Legends, conceived as the single largest destination for family-oriented, leisure and entertainment tourism in the Middle East, is promoted by Gulf Finance House, one of the leading Islamic investment banks in the region.

The initiative has received a significant boost with the announcement by the leading Kuwait-based financial institution.

Gulf Finance House chief executive officer Esam Janahi said: 'Today's announcement that KFIC will be investing in the Legends project is a clear indication of the substantial potential of this development as well as the enthusiasm that it has generated among the Pan-GCC investor community.'

'Legends is a singularly unique investment proposition.

'The response of investors ever since we unveiled the project in November 2004 has been excellent. In the short span of a month or so, 80 per cent of the private placement for the first phase has been subscribed to, indicating the confidence investors have in the potential of Legends,' Janahi said.

'The successful placement of a substantial part of the first phase of Legends has focused attention on the Dubailand project as a whole.

'It is expected that Dubailand will attract some 15 million tourists a year when completed, which will in turn significantly add to the value proposition of Legends on a long-term basis,' Janahi said.

Janahi added: 'Kuwait is a key market for GFH and we have a large investor base in that country.

'We welcome KFIC's decision to partner us in Legends through its subscription in the private placement to the tune of about $60 million.

'We look forward to a continued and similarly fruitful association with the company.'

Legends, the first integrated leisure and entertainment real estate development in the region, contains theme parks, themed hotels, retail facilities, a golf course and residential facilities and will be spread across an area of 24.7 million square feet in Dubailand.

The key components of Legends include three world-class theme parks - Legends of Arabia, Legends of Nature and Legends of the World - which together will form the largest temperature controlled theme parks in the world.

Other components of the project include Legends Leisure Complex, which will be a vibrant mixed destination for family entertainment with a retail feature to it, a residential component - Living Legends, an office component - Trade Legends and a world-class nine-hole golf course - Golfing Legends.

Commenting on the decision to subscribe to the Legends private placement, KFIC vice-chairman and managing director Abdul Rahman Al Saeed said:

'This is an important step in our efforts to source rewarding investment opportunities for our shareholders and clients.

'Furthermore, we view our relationship with GFH as a strategic one and look forward to additional partnerships.'

He added: 'We are confident in the GFH investment strategy, which has led to the development of such landmark projects like the $1.3 billion Bahrain Financial Harbour and $750 million Al Areen Desert Spa & Resort.

'As investors, we constantly search for quality investments and we are confident that Legends is one,' he added.

KIFC is a Kuwaiti company, listed on the Kuwait Stock Exchange (KSE), and is backed by an active and diverse shareholder base.

Investment strategy is set by a professional management team with a long and successful track-record of making investments in the GCC.

Commenting on the enthusiasm of investors for the project, GFH chief placement officer A Rahman Mohammed Al Jasmi said:

'Legends is an example of the way GFH innovates and creates new investment opportunities. Over the last five years, ever since GFH has come into being, we have won the confidence of a wide range of investors across the region, particularly from Kuwait.'

The first phase of Legends, which will be equity financed by the private placement, will begin in early 2005 and will be completed by 2007, when the first of the theme parks - Legends of Arabia- will become operational.

Gulf Finance House (GFH), established five years ago, has rapidly earned a reputation as a leading-edge player in Islamic banking.

GFH has a paid-up capital of $135 million and authorised capital of $300 million.

This massive project must have started!

"The first phase of Legends, which will be equity financed by the private placement, will begin in early 2005 and will be completed by 2007, when the first of the theme parks - Legends of Arabia- will become operational."

you want more towers? here we go



Gulf Finance House announces US$ 2 billion investment by Tanmiyat Investment Group in Legends Dubailand project

Marking a milestone phase in the development of the US$3.8 billion Legends integrated theme park project in Dubailand, the leading Saudi Arabia based business entity, Tanmiyat Investment Group (Tanmiyat) announced that it has acquired the full residential and commercial components of the development at an investment of US$ 2 billion.

http://www.ameinfo.com/images/news/1/17491-Tanmiyat.jpg
Mr. Esam Janahi, Chief Executive Officer of Gulf Finance House (right) and Mr. Sulayman A. Al-Majed, Chairman, Tanmiyat at the signing ceremony before addressing a press conference in Dubai on Wednesday.


Living Legends and Trade Legends are two of the six salient components of the Legends project in Dubailand, and will encompass an array of luxury villas and apartments which will be sold both at the retail level and as land parcels to developers.

Addressing a joint press conference jointly organised by Gulf Finance House B.S.C. (GFH), the driving spirit behind the Legends project and Tanmiyat, in Dubai today, Mr. Esam Janahi, Chief Executive Officer (CEO), Gulf Finance House, said: 'The Dubailand project is a path-breaking development that, upon completion, is expected to attract almost 15 million tourists a year.'

Mr. Janahi further said that the Legends project was spread over 24.7 million square feet in Dubailand, and would be an incredibly unique entertainment project that blends technical ingenuity with the thrills of fantasy.

'The Legends project is the first-of-its-kind integrated resort-cum-theme park development in the Middle East, combining entertainment, leisure, retail, residential facilities as well as commercial property under one canopy, while recreating the magic of Arabian mystic in all its hues.'

At the core of the Legends project are three world-class theme parks, which together will constitute one of the largest, climate-controlled theme parks in the world. The three theme parks at Legends-Dubailand are Legends of Arabia, Legends of Nature and Legends of the World - all of which are inspired by the magic of mythology, natural wonders, and sensational places on the planet.

Mr. Janahi said that the work on the final design of the theme park component of the development has already commenced and that full-scale construction is expected to be started shortly. 'This aspect of Legends will be developed by the Legends project company.'

'The sale of the residential and commercial components of the Legends development to the Tanmiyat Investment Group represents a significant milestone in the progress of the project. Gauging from the high level of enthusiasm that the project has already generated, we are confident that investors will find this exclusive residential and commercial community, 30 minutes away from the centre of the city of Dubai, an attractive investment avenue, Mr. Janahi said.

Mr. Janahi further said: 'The Tanmiyat Group is already part of the Legends project platform and has, as a strategic investor, underwritten 40 per cent of the US$302 million private placement floatation for the first phase of the project.

'We are excited at extending the scope of this relationship and are confident that Tanmiyat's finely-honed knowledge of the local, regional and global markets, coupled with their experience in the marketing of substantial real-estate projects in Saudi Arabia and UAE, will contribute to the success of Living & Trade Legends. This will in turn provide a huge impetus to the overall development of the Legends project.'

Elaborating on the Living Legends residential community, Mr. Sulayman A. Al-Majed, Chairman, Tanmiyat said: 'We are delighted to expand our association with the Legends development through this exclusive mandate for Living Legends. We are indeed confident that the differentiating factors of Living Legends, a first of its kind community, comprising of over 2,300 residential units including luxury villas and apartments, in the heart of a theme park development - will be a big draw among investors.'

Mr. Sulayman further said that Tanmiyat has launched an aggressive marketing campaign for Living Legends across the region. 'In fact Tanmiyat's participation in the Cityscape exhibition commencing in Dubai next week is focused entirely on creating awareness about the Legends project in general and Living & Trade Legends in particular. We expect this development to be completed in a period of two years.'

Apart from the 12 residential towers, Living & Trade Legends will comprise 2 commercial towers and 4 apartment hotels. Sales are open for both retail units as well as land parcels. The retail units will be sold at an average rate of AED700 per square feet of built-up area.

Headquartered in Riyadh, Tanmiyat is in the forefront of identifying unique real-estate investment opportunities across the region. The company is dedicated to the development of real-estate according to structured investment plans and raising the levels of land survey through cultural standards and using the best planning criteria approved both locally and internationally for basic structure services in the dwelling districts.

Living Legends will comprise of a total of 500 villas, 50 of which will be of a super-luxury nature. Of the remainder, 300 will be three-bedroom and 150 two-bed room villas. The apartments in the towers will comprise studios, penthouses and two and three-bedroom units.

'The villas will encircle the nine-hole golf course of the Legends project while the 12 towers which together will offer about 1,800 luxury residential apartments will line the periphery of the Legends development, offering a combination of studio, penthouses, two and three-bedroom apartments,' Mr. Sulayman said.

I must say compared to the falcon city shite this project is GOD!!! :D

It looks brilliant. Finally some proper theme parks for Dubailand. I'm surprised at the fact that there aren't many projects in Dubailand with loads of rollercoasters, rides and the usual stuff but that there are loads of residential elements. This one seems to be really expensive too, with 3.8 billion dollars you could built the burj dubai 4 times over:nuts:

When finished I wonder how much it'll cost me to have a go of this megacoaster:
http://www.legendsdubai.ae/showimage.aspx?src=gallery/68.jpg&size=400 :D

BTW does anyone have an idea how much would an attraction in Dubailand cost to visit? It'll probably be pricy but hope it's not rediculously expensive so that the average person can afford to go there.

it won't be too expensive. though the ski slope is ,but thats something different.
btw there are a lot of projects with rollercoasters and stuff.

How much is the ski slope?

http://www.skidxb.com/skidxb.com/pricing_eng.htm?mid=1&sid=8

So at peak times it's 130 dirhams for 2 hours which is the same as 28.75 euros. That's not very much considering something like bowling here would cost the same for 2 hours and skiing in an indoor slope is way better than throwing some heavy ball ;)

how much just to go inside ?

doubt that will be possible.
yo have to pay full price i assume.

Well, it says 40 dirhams to go to the snowpark

A couple of towers:

http://img.photobucket.com/albums/v705/altind/P1000768.jpg

http://img.photobucket.com/albums/v705/altind/P1000767.jpg


Dennis, hope I didn't mixed up with another project.

also dozens of towers for this project
with a 50-storey hotel



Legends project to boost local tourism

Legends Dubailand will offer entertainment and leisure facilities, and is designed to be a tourism hub.
Dubai’s tourism and leisure industry is set to receive a boost with the launch of Legends Dubailand, a US $3.8 billion mixed-use project.

The 2.3 million m2 development will be located on the Dubailand site.

“The project will be undertaken in three phases,” explains Fauzia Al-Khanjari, general manager of Legends Dubailand. “The bulk earthmoving contract has been awarded and work is due to begin soon. We’re aiming for an overall completion date of 2014.”

Backed by Bahrain-based Islamic commercial and banking services company, Gulf Finance House, Legends will offer family entertainment and leisure facilities and is designed to be a leisure hub for local, regional and international visitors and tourists.

It will include a collection of theme parks complete with themed hotels, 500 individual villas, residential apartments, a business and commercial park and a variety of leisure facilities.

“The end result will be an overall integrated theme with all the individual projects complementing one another as part of the overall picture of Dubailand,” says Al-Khanjari.

The Legends Theme Park Resort will include three theme parks: Legends of Arabia, Legends of Nature and Legends of the World.

Four themed hotels will reflect the various destination themes. The 50-storey Legends Tower Hotel, combined with the office towers and conference centre, will be the focal point and will overlook the Legends development, while the Arabian, Caribbean and Medieval-themed hotels will be located at the entrance of each theme park.

A 9-hole themed Legends Golf Course and Golf Academy is planned, and visitors will be able to stay at the 120-room themed Golf Course Hotel. Five hundred villas will also be built on and around the course.

The Legends Leisure Complex will be a promenade offering shopping, entertainment and dining facilities. “What makes this project different from others in Dubai is that we’re going to be catering to the entire family,” says Al Khanjari.

“Tourism here is rapidly on the increase; we’re soon going to be looking at a figure of around 15 million visitors coming to Dubai, and at Legends Dubailand we’re going to be seeing a great part of that traffic coming our way,” she added.

Was there no model of this in cityscape?

altin - honestly i also thought these towers you've posted in #38 belong to the legends project because tanmiyat's projects is the legends

but these towers are located in business bay
a complex of 4 towers

all the project in dubai land have this surreal quality, cant wait when all the project completed :)

Saudi developer acquires stake in Legends project

Dubai

Saudi-based Tanmiyat Investment Group has acquired the full residential and commercial components of the $3.8 billion Legends integrated theme park project in Dubailand at an investment of Dh7.3 billion ($2 billion) from the Bahrain-based Gulf Finance House (GFH).

The Living Legends and Trade Legends are two of the six salient components of the Legends project spread over 24.7 million sq ft in Dubailand, and will encompass an array of luxury villas and apartments which will be sold both at the retail level and as land parcels to developers.
At the core of the Legends project are three world-class theme parks, which together will constitute one of the largest, climate-controlled theme parks in the world. The three theme parks at Legends-Dubailand are Legends of Arabia, Legends of Nature and Legends of the World – all of which are inspired by mythology, natural wonders, and sensational places on the planet.
Work on the final design of the theme park component of the development has already commenced and full-scale construction is expected to be started shortly.
“This aspect of Legends will be developed by the Legends project company,” said Esam Janahi, chief executive officer, Gulf Finance House
Janahi further said: “The Tanmiyat Group is already part of the Legends project platform and has, as a strategic investor, underwritten 40 per cent of the $302 million private placement flotation for the first phase of the project.
Living Legends – a first-of-its-kind community – comprises more than 2,300 residential units including 500 luxury villas and apartments in 12 residential, in the heart of a theme park development.
Living Legends will comprise a total of 500 villas, 50 of which will be of a super-luxury nature. Of the remainder, 300 will be three-bedroom and 150 two-bed room villas.
The villas will encircle the nine-hole golf course of the Legends project while the 12 towers, which together will offer about 1,800 luxury residential apartments, will line the periphery of the Legends development, offering a combination of studio, penthouses, two and three-bedroom apartments.

Is this project also called "Living Legends" ?

Living Legends go on sale

The $2bn Living Legends project, part of the Dubailand theme park development, has started its marketing campaign. The residential component now on sale comprises 500 villas, as well as 300 three-bedroom and 150 two-bedroom apartments priced from Dhs700 per sqft.

^^^I think that living legens is the residential part of the project. Aswell as trade legends being the shopping, I may be mistaken but isn't golf legends the name of the golf course as well?

yes
arabian legends is the name of the full project
it has 3 or 4 subprojects


read this

Tanmiyat begins campaign to promote Living Legends

Staff Report

Dubai : Legends, living or dead, should not need much marketing by their nature, but Tanmiyat Investments is launching a large-scale marketing campaign and building a new sales building for the Living Legends project in Dubailand just in case.
The Living Legends constitute one of the key six phases that form the Legends project in Dubailand.

Tanmiyat's $2 billion (Dh7.35 billion) investment in the project includes a collection of villas and luxury flats, which will be sold to investors at retail prices.

"We are pleased to announce the launch of a large-scale marketing campaign for the Living Legends project, said a company spokesperson. "The commencement of the official selling process is a significant phase in the project life cycle."

Living Legends will consist of two commercial towers and four luxury hotel apartment towers, as part of the 12 residential towers. The selling process for all of these components is already under way at a price of Dh700 per square foot.

Living Legends will also consist of 500 villas including 50 deluxe, 300 3-bedroom and 150 2-bedroom units.

The towers' apartments fall into several categories including studios, penthouses and 2, 3 or 4 bedroom flats.

sometimes i wonder how reasonable it is to include thaat many res projects in dubailand,though most of them are relatively small.

AED 14 billion Legends in Dubailand opens headquarters

In a major step forward in the development of the AED 14 billion integrated theme park project, Legends in Dubailand, Legends Development Company (LDC), today announced opening a new state-of-the-art on-site headquarters and commencement of the earthwork for the first of the three theme parks within the development - Legends of Arabia.

http://www.ameinfo.com/images/news/6/18446-legends.jpg
Mr. Esam Janahi, CEO - Gulf Finance House (third from left) briefing H.E. Mr. Mohammed Al Gergawi (fifth from left) on the Legends project at the newly opened headquarters.

The Legends headquarters was officially inaugurated by His Excellency, Mr. Mohammed Al Gergawi, Chief Executive Officer of Dubai Holding, promoters of the Dubailand, at a gala ceremony accompanied by a thrilling light and sound show late evening on Sunday.

Unveiling salient details of the development plan for Legends, senior officials of Dubailand, Gulf Finance House B.S.C. (GFH), the Bahrain-based Islamic investment bank behind the project and the project's holding company, LDC, termed the opening of the new headquarters as a strategic step in developing the mixed-use integrated project which is conceived as one of the largest destinations for leisure and entertainment tourism in the Middle East.

Congratulating the Legends team on the opening of the new headquarters, Mr. Salem Bin Dasmal, Chief Executive Officer of Dubailand, said: 'The opening of the Legends headquarters marks the very first step in translating the concept of the integrated theme park into reality. For both Dubailand and Legends, it is indeed an exciting beginning and a confident step forward. We are also extremely happy that the development of the first of the three parks is imminent.'

The Legends headquarters spread over a built-up area of 87,000 square feet, was completed in a record five months, reflecting the commitment of GFH to the delivery of the project on schedule.

Located on the northern edge of the Legends Dubailand development and overlooking the project, the six-storied headquarters will also house a Customer Relations Centre, an auditorium, a mock-up area and a soon to be completed permanent exhibition venue for the various projects conceived by GFH.

Elaborating on Legends, Mr. Esam Janahi, Chief Executive Officer and Board member of GFH said: 'Legends is a significant project for GFH since it crowns our ambition to play a leading regional role in infrastructure development. As a unique project, Legends reflects our commitment to bring to the region innovative projects which contribute to overall economic growth, promote intra-regional investments and present growth-focused long-term investment opportunities to regional and global investors.'

'The opening of the new headquarters coupled with the commencement of the earthwork of the first of three theme parks, Legends of Arabia, during the Holy Month of Ramadan marks an auspicious beginning for us. Thanks to the whole-hearted support and encouragement from the Government of Dubai and the Dubailand, we have been able to stick to our schedule in the development of the project, and we are confident of the completion of Legends within the time limits we have set for the development,' he said.

Mr. Janahi said the three world-class, climate-controlled theme parks were central to the Legends project spread across 24.7 million square feet. 'Legends of Arabia, the first component to be operational by 2008, will offer an immersive experience to visitors blending fantasy and fables of yesteryears with superior technological brilliance.'

Legends components include two more theme parks - Legends of Nature and Legends of World-which are inspired by the magic and magnificent places on the planet of mythology, natural wonders. Other integral components of the project include a residential component Living Legends, themed hotels including a 50-storey Legends Tower Hotel combined with office towers and conference centre, a 9-hole golf course, a Golf hotel and Legends Leisure Complex comprising promenade, entertainment, shopping and dining area and a business location, Trade Legends.

The Dubai-based LDC is mandated by GFH to oversee the development of Legends which is targeted to be completed in full by 2013.

Commenting on the investor enthusiasm to Legends, Mr. Abdul Rahman Al-Jasmi, Deputy Chief Executive Officer of GFH said: 'Legends has created a stir among local, regional and global investors thanks to its out-of-the-ordinary concept. Moreover, in the context of the growth in regional tourism above world average, Legends presents a unique long-term opportunity to investors.'

Recently, the Saudi Arabia-based business entity, Tanmiyat Group had announced acquiring the residential and commercial components of the Legends at an investment of US$2 billion. Tanmiyat is also part of the Legends platform through a 40 per cent subscription of a US$302 million private placement floated to fund the first phase of the project.

Explaining the role of the Legends Headquarters, Ms. Fauzia Al-Khanjari, General Manager of Legends Development Company said: 'The headquarters will be a focal centre of the Legends development and in the short-term will provide assistance to developers to enable sales. In the long-term, the premises will function as the facilities management headquarters for the completed development.'

'We will also have a full-fledged multi-lingual sales team based at the Legends headquarters proficient in Arabic, English, Hindi, Farsi, Russian, German, Italian, French and Tagalog,' she added.

Legends begins work on Dh14b Dubailand project

Dubai: Legends Development Co, the company created to develop three theme parks in Dubailand, has begun work on the Dh14 billion Legends project.

The company has opened a new on-site headquarters and started the earthwork for the first of the three theme parks within the development called Legends of Arabia.

http://www.gulfnews.com/images/2005/10/11_bus_dubailand.jpg
Three world-class, climate-controlled theme parks are central to the Legends project spread over 24.7 million square feet in Dubailand.

Mohammad Al Gergawi, chief executive of Dubai Holding, promoters of Dubailand, a big tourism, leisure and entertainment complex, inaugurated the Legends site office and headquarters on Sunday.

Saudi investment group Tanmiyat, which snapped up properties worth Dh7.3 billion ($2 billion) in Living Legends and Trade Legends, has begun selling 7,000 residential, commercial and hotel units in the project and its master plan is expected to be completed by November 1.

The residential and commercial project will cost more than half of the $3.8 billion Legends integrated theme park project.

Sulaiman Abdul Aziz Al Majid, chairman of Tanmiyat, told Gulf News, “In addition to opening the project’s headquarters, the basis works at the site have already begun, and also the final designs for the project will be ready in days.”

The Legends headquarters, spread over 87,000 square feet, will house a customer relations centre, auditorium, mock-up area and permanent exhibition venue for projects conceived by Gulf Finance House, an investment bank in Bahrain.

Essam Janahi, the bank’s chief executive, said the three world-class, climate-controlled theme parks were central to the Legends project spread across 24.7 million square feet.

“Legends of Arabia, the first component to be operational by 2008, will offer an immersive experience to visitors blending fantasy and fables of yesteryears with superior technological brilliance.”

Legends components include two more theme parks - Legends of Nature and Legends of World - which are inspired by magic and magnificent places on the planet of mythology and natural wonders.

Other parts of the project include a residential component, Living Legends, themed hotels, including a 50-storey Legends Tower Hotel, office towers and conference centre, a nine-hole golf course, a golf hotel and the Legends Leisure Complex comprising a promenade, entertainment, shopping and dining areas and a business location, Trade Legends.

Dubai-based Legends Development Co is mandated by Gulf Finance House to oversee the development of Legends, which is scheduled to be completed by 2013.

Tanmiyat has underwritten 40 per cent of the $302 million private placement for the first phase launched last year by Gulf Finance House.

Not sure if this has already been posted but the website is up and running.

www.livinglegendsdubai.com

Are the designs of the apartment buildings shown in the master plan the final designs? They looked so different in the previous renders.

http://www.livinglegendsdubai.com/images/mainmap-detailed.jpg

i like this project and the website has been updated a little bit

i didn't know the 50-storey hotel tower will be a 7-star hotel

another one this is boring. i wonder if this project is the right place for a 7star hotel.
anyway hope it will look stunning, it has to!

7 stars without beaches?! :wtf:

Anyway, the website is cool. I like the videos ^_^

i thot they said 5 star and 4 star hotels?????

What the hell? At this rate there'll be 345* hotels soon :D

Singaporean delegation visits Legends Dubailand

A high-profile delegation from Singapore visited Legends Dubailand headquarters on Sunday to look into investment opportunities within the USD3.8 billion mixed-use mega entertainment project.

http://www.ameinfo.com/images/news/1/22021-legends.jpg
Singaporean delegation during their visit to Legends Dubailand being briefed by Al Khanjari, General Manager of Legends Development.

The delegation encompassed a number of investors, consultants, architects, officials and representatives from various Singapore-based companies and government departments.

The 22-member delegation was welcomed by Fauzia Al Khanjari, General Manager of Legends Development Company, and other top officials.

The visit follows the tremendous interest developed by Legends Dubailand during its participation at a seminar in Singapore in October last year. The seminar titled Real Estate Developers' Association of Singapore (REDAS), was organised by Gulf Finance House B.S.C. (GFH), the Bahrain-based Islamic investment bank behind the project, REDAS, Chesterton International and Singapore Building and Construction Authority.

The visiting delegation aimed to look into the monumental investment opportunities within Dubai and especially what Legends Dubailand has to offer.

During the visit, the delegation was briefed about the masterplan and design of the project, which has been created by renowned international architects, designers and consultants. The presentation centered on how Legends Dubailand will provide a vast array of 'year-round' entertainment avenues to visitors from around the globe.

Ms. Al Khanjari also briefed the delegation on the concerted efforts exerted by the Government of Dubai to attract tourists and visitors from all over the world, shedding light on the various upcoming government initiatives and projects. She added that Dubai has steadily grown from a regional trading hub to a burgeoning tourist destination and world-class centre of leisure, commerce and tourism, backed by its state-of-the-art infrastructure and security.

Explaining the various components of Legends Dubailand, Ms. Al Khanjari said:

'At the core of the project are three world-class theme parks - which are inspired respectively by the magic of mythology, natural wonders, and sensational places on this planet. The development will have luxurious themed hotels, apartment hotels as well as residential and commercial towers offering an oasis of opulence and luxury.'



Apart from this, also on offer is an elegant Golf Hotel, which will be located within the plot of the 9-hole Golf Course. While the residential component will offer Arabian-style villas located amidst lush greenery, artificial lakes and shaded pathways, Legends will also offer prime commercial properties with investment potential. These include retail, associated dining and leisure centres and offices.

The delegation praised the components and the vision inherent to the project. In his comments, Mr. Fazlur Rahman Bin Kamsani, Executive Director-Middle East & Islamic Finance Cross-Border Investment of Chesterton International and a member of the delegation, said: 'We were totally stunned by the scale of developments currently under way in the UAE and Dubai in particular. The iconic nature of projects like Legends Dubailand makes Dubai the most sought-after destination in the years to come. It will not only attract visitors from the region but it will also attract families from all over the world.'

The Singaporean delegation also visited other leading projects and tourist attractions in the United Arab Emirates and praised the facilities that the country offers to its residence and visitors.

Legends, the US$3.8 billion mixed-use mega entertainment project, is strategically located within Dubailand and had unveiled its headquarters in October 2005. Dubai-based Legends Development Company is managing the development conceived by Bahrain-based Gulf Finance House B.S.C, one of the leading providers of Islamic investment and commercial banking services in the region.

edit

am sick of those arab names

Madinat Al Arab, Arabian Canal, Mall of Arabia , Arabian Bay ..... :bash: what else :dunno:

smussuw you are incredibly angry today, sick of towers, sick of arab names, sick of area naming, sick of completed towers ... unbelievable :eek:

what happened :D:D?

I was told that am not an arab but actually persian :tongue2: :jk:

Gensler given design lead on Living Legends
CONSTRUCTION UAE
21 Apr 2006
The US’ Gensler has been appointed as lead consultant to design villas, 12 eight-20-storey residential towers and community facilities at the Living Legends project in Dubailand. Living Legends is being promoted by Saudi-based Tanmiyat Investment Group, which acquired the residential components of the Legends development from Bahrain-based Gulf Finance House last year (MEED 14:10:05).

R

i want this to be UC and ready 2008.

it is certainly among the best projects in Dubailand, the stuff i have seen so far is great.

Tanmiyat awards Residential Legends' contract to Gensler & Associates

International consultants Gensler & Associates, have won a design contract for the Residential Legends owned by Tanmiyat Investment Group that is located in Dubai Land with a cost in excess of AED7 billion.
United Arab Emirates: 35 minutes ago

http://www.ameinfo.com/images/news/6/24996-AbdullahBinAbdulAzizAlMajid.jpg
Mr. Abdullah Bin AbdulAziz Al-Majid, Deputy Director General, Tanmiyat Investment Group.

The development consists of five commercial towers, five luxury hotel apartments and 12 residential towers, as well as 500 villas including 50 uniquely lavish villas consisting of five bedrooms, 150 luxury villas that also consist of five bedrooms and 200 four-bedroom villas. The tower flats will be categorized into 2, 3 and 4 bedroom-studios and penthouses. The development also includes a golf court and a number of services and amenities to stand as a distinctive architectural landmark in Dubai Land.

"The Gensler Company is considered the world's most distinguished company in the field of designs and in the development of huge architectural projects, thus their presence with us is consistent with the criteria we have laid down for Residential Legends; a place that will become a prominent landmark in Dubai Land, featuring the most excellent specifications."


said Abdullah Bin AbdulAziz Al-Majid, Deputy Director General, Tanmiyat Investment Group

"We considered a number of offers and studies submitted by various prestigious organizations to execute the Residential Legends' designs and concluded that Gensler's experiences and capabilities are the best. Their portfolio of distinctive developments executed across the Middle East pays testament to our decision to have them on board, as they have been responsible for projects such as the Dubai International Financial Center, Gateway Project, Aqaba Project in Jordan, as well as a number of other projects in the region," Al-Majid added.

Jose Stressa from Gensler said: "We are happy with winning a noteworthy and enormous project like the Residential Legends in Dubai Land and look forward to working with a reputed investment organization that has such an extensive track record of achievements and breakthroughs such as Tanmiyat.

"We would carry out the main designs of the villas, hotels and other public utilities for this development, which we expect to be an architectural masterpiece reflecting our creative ideals and capabilities."

Gensler was established 40 years ago and has more than 2000 employees working in 28 offices spread across the globe, with a client database including many large international organizations. Gensler has obtained a number of prizes from the world's biggest assessors and publishers in the field of architectural consultations and designs.

what is up with the rest of the project, the Res part is boring :bash:

this should be one of the best Dubailand projects and i want them to start construction now!

Another successful outcome for Legends at the ATM 2006 Exhibition

The Arabian Travel Market, the 13th edition of the Middle East's premier travel and tourism exhibition provided a successful turnout for Legends, Dubailand, one of the largest theme park destinations in the region, promoted by Bahrain-based Islamic commercial and banking services major, Gulf Finance House B.S.C.

http://www.ameinfo.com/images/news/2/25092-legends.jpg
Legends at ATM 2006.

The ATM featured over 1,750 exhibitors from over 59 countries with a total attendance record of 12,067 industry professionals at the Dubai World Trade Centre in the first three days.

The exhibition schedule welcomed trade visitors on the 2nd, 3rd and 4th of May and was open to the public on Friday, 5th May. The four-day event in the tourism and travel industry in the Middle East welcomed an additional 106 new exhibitors.

An enormous number of inquiries were received from trade visitors who displayed their emerging interest in Legends. The interest generated in both Legends specifically and Dubailand as a whole was very positive. Both the visiting professionals and the public were thrilled at the opportunity to learn at first hand the details of all the exhilarating attractions that would be on offer soon in Dubailand. Visitor traffic was at a high level throughout the exhibition, with most visitors taking a genuine interest in the project and in learning the details. Most were eager to know the time frame for completion of at least the first phase. Ms. Fauzia Al Khanjari, General Manager of Legends Development Co. LLC said, 'The exhibition was definitely a success, giving us a golden opportunity to showcase Legends as Dubailand's leading theme park destination in the expanding trade and tourism sectors in Dubai.'

Legends Dubailand will, when completed, be home to 3 Theme Parks, Legends of Arabia, Legends of Nature and Legends of the World; Five World Class Hotels, including the Legends Iconic Tower Hotel and three themed hotels adjacent to the theme parks. The Legends Leisure Complex will be the gateway to all the parks and will act as the link between them; it will be the entertainment, dining and leisure hub of the entire development. The 9-Hole Recreational Golf Course will be the serene setting for the residential villas and apartments as well as the Golf Hotel. In addition, commercial office towers will be available within the complex. The theme parks, which are the core product within the development will act as the key attractions and be the central focal entertainment centre for the entire Dubailand destination. Ms. Al-Khanjari said that, 'Legends Dubailand is a unique project in terms of concept, scale and standards. With Gulf Finance House as our leading investors, our project will be a certain success. Our vision is to deliver the highest standard of tourism services and facilities serving as an ideal setting for pleasurable visits or business trips. This will immensely contribute to the future tourism infrastructure of Dubai enhancing the emirate as the central tourist hub.'

'The exhibition turnout was highly successful, with the project receiving an overwhelming response from visitors and prospective investors,' concluded Ms Al-Khanjari.

some contracts lately
so it should soon be coming up along emirates road


Hyder wins infrastructure contract for Residential Legends

Tanmiyat Investment Group has granted Hyder Consultants a lucrative design contract for the consulting and infrastructure of the AED 7 billion development, The Residential Legends.
United Arab Emirates: 0 minutes ago

http://www.ameinfo.com/images/news/3/25333-tanmiyat.jpg
Abdullah Bin AbdulAziz Al-Majid, Deputy Director General, Tanmiyat Investment Group.

The contract agreement stipulates that the consultants shall create the infrastructure designs for the Dubai Land based development.

The project consists of five commercial towers, five luxury hotel apartments and 12 residential towers, as well as 500 villas including 50 uniquely lavish villas consisting of five bedrooms, 150 luxury villas that also consist of five bedrooms and 200 four-bedroom villas. The tower flats will be categorized into 2, 3 and 4 bedroom-studios and penthouses. The development also includes a golf court and a number of services and amenities that will allow it to stand as a distinctive architectural landmark in Dubai Land.

Abdullah Bin AbdulAziz Al-Majid, Deputy Director General, Tanmiyat Investment Group, said:

"We look forward to bringing to fruition a distinctive architectural development that will feature unmatched specifications. When it comes to the right planning, we always seek advice from the world's biggest consulting houses, which are skilled within each of their own competencies."



"We always look forward to benefit from the extensive knowledge of the leading international companies in the field of design and infrastructure like that of Hyder Consultants; an organization that exhibit's an extensive track record, abound with sizable world-class projects," Al-Majid added.

Steve Pattem, Director General, Hyder Consultants, said: "Tanmiyat Investment Group's belief in our capabilities is an indicator to our efficiency and good reputation. We are very happy to sign this contract agreement and work on a significant and pivotal development such as Residential Legends, a project that is considered a distinctive landmark in Dubai Land."

Tanmiyat Investment Group after considering a various number of offers and studies in this connection, last week granted Gensler & Associates International Consultants a design contract for the Residential Legends.

It is anticipated that within the next few days, the Group will announce the company that is going to design the golf course, which is regarded an important amenity complementing the Residential Legend.

so happy this one is pushed forwards now.

going to be among the best projects in dubailand.

23/05/2006 Legendsdubai pic


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Living Legends becomes a living reality

Tanmiyat Investments Group announces today the official launch of the themed 'Living Legends' project currently being built within 'Dubai Land', with a big event hosted by the organization and the attendance of several renowned personalities.
United Arab Emirates: 3 hours, 18 minutes ago

http://www.ameinfo.com/images/news/9/26209-tam.jpg
Living Legends.

The development is set to be one of the UAE's key tourist attractions that feature a variety of recreational amenities and residential units all within a theme park setting.

Speaking on the success Tanmiyat has experienced to date, Mr. Abdullah Bin AbdulAziz Al-Majid, Deputy Director General, Tanmiyat Investment Group said: 'Thanks to Allah, our success has enabled the Tanmiyat Group to position itself as the leading real estate developer in the region, enjoying a track record of consistent breakthroughs and clear reputation'.

Referring to the potential of the Living Legends project and its significance in Dubai, Al-Majid said: "The UAE is now home to the world's most famous and innovative property developments, thus there is a certain level of irony when you consider what the Living Legends theme is about. This development features all the great architectural feats of the past, presented in one ultramodern and state of the art development of the future'.

'The Living Legends is going to be a development that will help realize the full potential of Dubai Land. What we have here is an architectural achievement that reflects what today's investors are looking for in their high end projects; that being exceptionally high quality workmanship and design. " Al-Majid added.

Located in the center of Dubai Land, the Legends will feature a collection of residential apartments, villas, townhouses, commercial towers, hotel apartment's towers, a retail shopping mall, theme parks and 5 star hotels, all finished in rich Arabian architectural designs. Extending across an area of 24.7 million sq ft, the project is considered to be the first recreational resort in the Middle East that includes all of these amenities under one roof.

Interest in the Legends has been steadily growing in momentum since its initial announcement last year. The residential development consists of five commercial towers, five luxury hotel apartments and 12 residential towers, as well as 500 villas including 50 uniquely lavish villas consisting of five bedrooms, 150 luxury villas that also consist of five bedrooms and 200 four-bedroom villas.

'As with our Dubai Land based development, we envisage that all of our projects will be destined to attract more investors both international and regional to the Emirates. The Living Legends development will indeed be a living legend and is symbolic of the ambition Dubai Land is aiming to achieve.' concluded Mr. Abdullah Bin AbdulAziz Al-Majid.

Tanmiyat's Living Legends takes off

Dubai: Real estate developer Tanmiyat Investments Group has announced the official launch of the themed Living Legends project currently being built in Dubailand.

The company claims the development is set to be one of the UAE's key tourist attractions, with a set of recreational amenities and residential units in a park featuring replicas of great architectural feats of the past.

Abdullah Bin Abdul Aziz Al Majid, deputy director general of Tanmiyat Investment Group, said the development will help realise the full potential of Dubailand.

Located in the centre of Dubailand, the development will feature a collection of residential apartments, villas, townhouses, commercial towers, a retail shopping mall, theme parks and 5 star hotels, all finished in Arabian architectural designs.

is this the part of Dubai Land that will have all the roller coaster rides? If so, where in the model are they located? I can't see them anywhere.

I think there are indoor rides.

I think there are indoor rides.

the roller coasters are indoors?

is this the part of Dubai Land that will have all the roller coaster rides? If so, where in the model are they located? I can't see them anywhere.


this is just one of the projects with rollercoasters, and indeed this one has a large indoor entertainment park.

The areas marked by 1, 2 and 3 are themeparks.

http://www.livinglegendsdubai.com/images/mainmap-detailed.jpg

indoor entertainment park sounds great..... works for dxb's long hot summer

http://www.legendsdubai.ae/

check their website to find out more.

i think they have another site, but i can't remember the url.

When they say "official launch", does that mean beginning of construction?

There is no completion date in the press release.

Tanmiyat wins Legends Dubailand bid

By Robert Ditcham, Staff Reporter


Dubai: Saudi-based Tanmiyat Group has won a $302 million (Dh1.2 billion) infrastructure contract for Legends Dubailand, the $3.8 billion (Dh14 billion) collection of theme parks, commercial towers, residential units and hotels set in the Government's Dubailand tourism and entertainment project.

Tanmiyat subscribed to 40 per cent of the $302 million cost, making it a major stakeholder along with primary project investor, Bahrain-based Gulf Finance House.

It follows recent approval of the scheme's master plan designs by Dubai Municipality, giving the green light for construction work on the 24.7 million square foot leisure and entertainment project.

Initial ground work for the basic infrastructure has already started.

Developers aim to open the Legends of Arabia theme park and the Living Legends freehold residential and hotel area in 2008, with remaining sections scheduled for completion by 2013.

Fauzia Al Khanjari, general manager of Legends Dubailand, said getting project design and components within Dubai Municipality guidelines was a significant challenge.

The project now faces a new set of hurdles to overcome.

Surging steel and concrete prices are a new worry for the region's developers in addition to the availability of labour and skilled contractors.

Project manager, The Legends Development Company, expects Legends Dubailand to the first major theme park in the region, attracting 20,000 theme park visitors daily at peak operational capacity and a further 35,000 people per day in the hotel district.

R

:weird:

i though that contract was made long ago...

Only two years to turn a desert into a fully operational theme park?

http://www.true-dubai.com/legends-dubailand/the-state-of-work.jpg

http://www.true-dubai.com/legends-dubailand/office-legends-dubailand.jpg

http://www.true-dubai.com/legends-dubailand/sunset-legends-dubailand.jpg

not much :(

this is one of my fav's in dubailand..

^^ Well they found time to put a Work in progress Sign

not sure. I only see endless launches of apartments and offices for dubai Land. I really want to see the rides!

How is one supposed to navigate Dubailand? Pay per ride and drive from ride to ride by car? I mean.... It is such a vast area and there will be residential blocks between the rides right? I mean, is it like living in Dineyland behind the Mattehorn but before Mr.Toad's wild ride? I do not get it.

Martijn

http://www.dubaiwaterfronts.com/sitebuilder/images/livlegendsmapbig-698x509.jpg

http://www.dubaiwaterfronts.com/sitebuilder/images/livinglegendsresidential-656x264.jpg

http://www.dubaiwaterfronts.com/sitebuilder/images/llElev_1-215x297.jpg

http://img299.imageshack.us/img299/6683/legendgs2.jpg

more and more apartments.... no rides in sight anywhere.... There should me more rides and attractions than apartments. Not the other way around... How else can they call this a theme park?

I guess people could try skiing over the roof of the apartments for something to do.

http://www.dubaiwaterfronts.com/sitebuilder/images/livinglegendsresidential-656x264.jpg

rides need financing.

more and more apartments.... no rides in sight anywhere.... There should me more rides and attractions than apartments. Not the other way around... How else can they call this a theme park?

^^ That's soooooooo true! Dubailand is turning into an Emirati version of the Inland Empire (Los Angeles) [which is just a bunch of suburbs stitched into one huge mass]. The Dubailand brand is the only one holding all the residential developments together as one area. Truly, Dubailand is not going to be or wouldn't be the "next" Disney World as was originallly envisioned. The current developments and plans for Dubailand are no where near the original masterplan.

I gotta say, though, these residential projects are indeed beautiful [referring to the ones above].

yeah, but these apartments are small parts of a HUGE plot of land. you cant expect so many rides in just one place...

yeah, but these apartments are small parts of a HUGE plot of land. you cant expect so many rides in just one place...

If the number of apartments is higher than the number of rides, you can not call it a theme park either. Since there is no real boundary to the rides people will end up driving from one attraction to the other. Like you would drive from Disneyland to Knotts Berry Farm to Six Flags MAgic mountain.

Because of this I do not think DubaiLand will be one big themepark, just another metropolis of never ending urbanisation (offices and residential) with something to do every few blocks?

Sorry for being so depressed about this but I just can't see the DubaiLand project turn into a theme park any time soon. :ohno:

Well you can always try and have some fun in this DubaiLand "theme park" and try and find your way out :ohno:

http://static.flickr.com/27/47045997_0662217862_o.jpg.

or maybe this DubaiLand maze for beginers :ohno:

http://static.flickr.com/33/47046000_10e0b6ad3f_o.jpg

Does'nt look like the USA has anything to worry about. Florida's Disneyworld will continue to attract all the European tourists not DubaiLand unless some changes are made by the boss about limiting residential projects.

^^ If that entire residential plot is actually built...that'd be one TACKY uber-large suburb! That thing is just pushing things too far! I mean, look at the size of that thing! I bet 500,000 people would be able to live in that suburb!

Anyway, how on Earth do the developers of that thing be able to fill all those residential blocks with "real" buyers/customers/residents and not just speculative buyers?!

it does not matter to any developer who they sell to.

if it sold, money is (if no major issues occur) made for them.

Btw, what is the name of that particular development [referring to that large suburban development Dubai Steve posted]?

Does it already have a plot of land reserved for it in Dubailand?

we don't know. somebody found it in JBR sales centre if i am not wrong.

see all those rollercoasters :D

http://img136.imageshack.us/img136/4322/img4925dt8.jpg

25/02/2007

Legends Dubai or Dubai Legends , massive ground works there

http://img167.imageshack.us/img167/5421/photo80hh4.jpg (http://imageshack.us)

http://img92.imageshack.us/img92/2816/photo81wv7.th.jpg (http://img92.imageshack.us/my.php?image=photo81wv7.jpg)http://img253.imageshack.us/img253/4561/photo82oz7.th.jpg (http://img253.imageshack.us/my.php?image=photo82oz7.jpg)http://img253.imageshack.us/img253/7256/photo83by5.th.jpg (http://img253.imageshack.us/my.php?image=photo83by5.jpg)http://img253.imageshack.us/img253/5578/photo84ht4.th.jpg (http://img253.imageshack.us/my.php?image=photo84ht4.jpg)http://img253.imageshack.us/img253/9795/photo85fo6.th.jpg (http://img253.imageshack.us/my.php?image=photo85fo6.jpg)
http://img253.imageshack.us/img253/4889/photo86me3.th.jpg (http://img253.imageshack.us/my.php?image=photo86me3.jpg)http://img253.imageshack.us/img253/3805/photo87bc3.th.jpg (http://img253.imageshack.us/my.php?image=photo87bc3.jpg)http://img253.imageshack.us/img253/2237/photo88di8.th.jpg (http://img253.imageshack.us/my.php?image=photo88di8.jpg)http://img442.imageshack.us/img442/8422/photo89zc0.th.jpg (http://img442.imageshack.us/my.php?image=photo89zc0.jpg)http://img253.imageshack.us/img253/7526/photo90bc9.th.jpg (http://img253.imageshack.us/my.php?image=photo90bc9.jpg)http://img253.imageshack.us/img253/6499/photo91ss5.th.jpg (http://img253.imageshack.us/my.php?image=photo91ss5.jpg)

amazing, i really hope they also started on the themepark and not only the villas and the commercial part..

see all those rollercoasters :D

http://img136.imageshack.us/img136/4322/img4925dt8.jpg

The theme park area seems very small. I hope those 4 coasters are better than the designs in the model.

^^ actually there are three theme parks here. the entire tent like structure, the white part and the rollercoasters are theme park area..

^^ According to the model in Cityscape, beneath the "tent like structure" was just a water canal.

^^ with access to themepark, it features walkways etc. leading to 3d cinemas etc..

see the corporate video.

thats really not so small, considering theme parks here in SoCal have similar floorplans. when you get walking around these places all day, you wished the park was much much smaller. :)

Glad to see lots of work being done here since this is one of my fav dubailand projects :)

r the buildings surrounding the roller coasters the themed hotels? they have iconic tower, arabian, caribbean and medieval...... i guess dubailand has lots of hotels outside of bawadi also

where was the space hotel?

very nice !!!
when is it expected to be open ?

The developers website claims that all apartments and villas will be completed by December 2008. Wishfull thinking?

Hi,
Has anyone got any recent pictures of the development ? Does anyone know how the project is progressing ?

saudi investors we should wait at least 5 years or more to see the light ....

Is it just me or are Tamniyat really bad at giving investors a construction update. Has anyone heard how far development has got with the Legends ? Why are Tamniyat harping on about their development in Arjman and nothing is being said about Legends ?

27 February 2008

Leading real estate developer and mastermind behind the celebrated Living Legends project in Dubailand, Tanmiyat Group, has
announced the imminent commencement of the project's construction. The contract for construction has already been awarded
to CSI Construction and Engineering LC.
Mr Ziyad Alghathbar, Regional Manager of Tanmiyat Group in Dubai, said that the company expects to begin construction on the
villas in the coming weeks. "We have put a great deal of planning into every possible aspect of this project, from design to
finance, including opening the escrow accounts required by the new property law, and we are pleased to announce that we will
begin construction shortly," he said.
Ever since its launch, the Living Legends has been well received in various quarters, having been introduced as one of the region's
most promising investment opportunities at exhibitions both locally and abroad.
Located in the world-renowned Dubailand complex, the Living Legends project is a multi-purpose fusion of old-world style and modern design and technology. The US$ 3.8 billion
project occupies a surface area of 2,296 million m, and is situated 26 km from Dubai 's International Airport.
The innovative designs for the project's many residential, commercial and leisure facilities, inspired by the unique beauty of the ancient Egyptian, Roman and Ottoman empires, also
pay tribute to fairy tale fantasy and mythological intrigue, weaving a complex, dreamlike atmosphere throughout the development.
The Residential segment ofL iving Legend sincludes 50 lavish 5-bedroom villas, 150 luxury villas, each of which also consists of five bedrooms, and 200 four-bedroom villas. There will
also be tower flats sorted into 2, 3 and 4 bedroom-studios and penthouses. In addition, the development includes a golf course and a number of other services and facilities, standing
out as a distinctive architectural landmark in Dubai Land.
In addition, the Trade Legends, an integrated part of the Living Legends, promises to be a business location like no other. Along with a prestigious location and address, the office
towers, which line streets named for famous business districts, offer spectacular views. High-technology services available in the offices include high-speed Internet and intelligent
management systems.

it's good to hear anything about this project :)

Yeha soon we will have some real stuff going on there.

The project still has not had the final approval. I was in Dubai last week and spoke to someone at Tamniyat. They say that the final approval still has not been granted. This is supposed to be granted sometime soon they hope. Completion is therefore way off from the Dec 2008. Proabably 2011 if they are lucky.

Any update on the project...when are they starting the constructions.

Thanks

Cindrella Tower

Location : Living Legends
Property Type : Freehold
Total Floors: G+15
Unit Types : Studio, 1 BR, 2 BR, 3 BR, Penthouse
Completed Date : End 2008

http://www.safahomes.com/project/Cindrella%20Tower/cindrella%20tower.jpg


http://www.safahomes.com/project/sindabad%20tower/sindabad-locaton.jpg

Sindabad Tower


Location : Living Legends
Property Type : Freehold
Total Floors: G+15
Unit Types : Studio, 1 BR, 2 BR, 3 BR, Penthouse
Completed Date : End 2008


http://www.safahomes.com/project/Sindabad%20Tower/sindabad%20tower.jpg

Any update on the project...when are they starting the constructions.

Thanks

Apparently they are still awaiting final sign off from the Authorities. When I went to visit Tanmiyat they told me that they were close to sign off in Mid March. I don't know if they have got any further. If anyone is based in Dubai perhaps they can pay a visit to find out if things have kicked off yet.

There is NO WAY that anything will be ready by end of 2008. Probably near end of 2011 if they are lucky.

Thanks for the Reply...I am based in Dubai and have been visiting them quite often but the reply is similar to what you have conveyed.........still......the same that within a month or so it will start.......

Thanks for the Reply...I am based in Dubai and have been visiting them quite often but the reply is similar to what you have conveyed.........still......the same that within a month or so it will start.......

Hi, well finally someone else who is bothering to find out what is going on with this development. Thanks for your post. Please let us know if this project finally gets the go ahead!

Good News..it seems the wait is over....Engineers from CSI construction company were seen surveying the project site...and Tanmiyat has started conveying that the project should start in 2 to 4 weeks

Hurrah! Thanks for the update. Please let us know when they have actually started.

Good News..it seems the wait is over....Engineers from CSI construction company were seen surveying the project site...and Tanmiyat has started conveying that the project should start in 2 to 4 weeks

That doesn't mean the project will start soon. They're surveying the site but they could still start only next year

No i think this one is starting very soon.

Hi all,

Any information about CSI construction company. I heard it is a Chinese company but I could not find any details about it in the Internet. Is it a good company?

The Legends theme park has been cancelled :(

One project, the Legends in Dubailand, has already been cancelled, he noted. The project was slated to be home to three indoor theme parks.

http://www.ameinfo.com/158093.html

Well, only a couple of days ago they were selling at the Worldwide Property Show at the Hyatt Hotel here in Dubai. They even had the model on display there and i got some nice glossy brochures of them. So i am confused....

Maybe they will still build the residential parts and add additional residential units instead of the theme park. Only the theme park is cancelled as it does not fit into the Dubailand philiosophy of providing residential only developments.

I feel sorry for anyone who bought here thinking there would be able to rent their units to Legend theme park visitors!

Incase they have only cancelled theme parks then it might turn out to be better for this project as now Tanmiyat might find it viable to continue with the project. Anyhow with all these big names of theme park industry declaring their projects for Dubai-land in last 12 months, having 3 theme parks without any big names could have been a disaster

Has anybody approached Tanmiyat with this news of cancellation and asked for an explanation

Probably not. But as you are based in Dubai (I think), how about you do the honours :)

well i did ask tanmiyat n they told me the project is on n they have started construction too . can anyone confirm this and also what price shoudl i buy an aprtment in legends there as i was intrested in it

Who did you speak to ? Did they say that the whole project was on i.e. the theme park as well as the residential ?

Let all of us shoot an email to them with this URL and seek their explanation

Quote:
One project, the Legends in Dubailand, has already been cancelled, he noted. The project was slated to be home to three indoor theme parks.

http://www.ameinfo.com/158093.html

well i did buy a property in resale today and i was there at their office today an the project is still on
the living legend is on n yes they are making some chnages in the theme park but they will only be some minor changes . n they have already started construction there . in all its a beautiful project .iam happy with my investment --hope it goes well . and ya for those who have invested in it long back they are compensating for late delivery , and thats stated in teh contract too

Good to know it is not cancelled. Did they explain the changes to the park ?

well i did buy a property in resale today and i was there at their office today an the project is still on
the living legend is on n yes they are making some chnages in the theme park but they will only be some minor changes . n they have already started construction there . in all its a beautiful project .iam happy with my investment --hope it goes well . and ya for those who have invested in it long back they are compensating for late delivery , and thats stated in teh contract too

Well that's good that that project is not cancelled. If you don't mind telling us which property did you buy on resale and how much did you pay for it. Just wondering if the prices have gone up much. I bought a 3 bed appartment in ceasars tower 8th floor for 1.5M AED in April 2007.
Did Tanmiyat give you a ball park date of when the development will be completed ?

deleted

well ya the prices have increased it gone to 1150 psft now
and they dint give any cahnges they still in the process anyway its not effecting the living legend as that area will be well done n will appreciate well later n the comletion date i guess will not be anyway before 2010

model picture:
http://farm4.static.flickr.com/3171/2575565969_fdac3eddc5_b.jpg
Source: http://flickr.com/photos/89127714@N00/2575565969/in/set-72157605599021373/
High-Res: http://flickr.com/photos/89127714@N00/2575565969/sizes/o/in/set-72157605599021373/

Can somebody post the latest photographs to judge the status of construction

Thanks

This seems to be a recent picture, so it is still going ahead.

It was reported that they started infrastructure work months ago.

As i said before, I saw them advertising at the real estate property show in the Hyatt Hotel in May 2008... so they should still be in business...

22/aug/2008

Dubai Legends

still desert..

http://img301.imageshack.us/img301/2124/imresolt112uy3.jpg (http://imageshack.us)

we have elso arabian legends inside this SCC website :D

Has anybody noticed advertisements by "GREAT PROPERTIES"...same parent company that was promoting Living Legends few months back....and it seems the advertisements are a series of wish-list that they want customers to believe they have been doing till date...or is it a guilt list that they wish they would have done....pethatic

So does anyone know if they have actually started on this development or is it being canned ?

Any News on this project??

Any News on this project??

I have had a thought, seeing that Tanmiyat is a major sponsor for Cityscape Dubai 2008. If anyone reading this is going to attend, could they be so kind as to stop over at the Tanmiyat stand and ask them what is going on with this project.

Thanks in advance.

I have had a thought, seeing that Tanmiyat is a major sponsor for Cityscape Dubai 2008. If anyone reading this is going to attend, could they be so kind as to stop over at the Tanmiyat stand and ask them what is going on with this project.

Thanks in advance.


A friend of mine visited the site a few weeks back and said construction has started. He took some pics too. I'll try to post some if I can get them off him.

Regards,

A friend of mine visited the site a few weeks back and said construction has started. He took some pics too. I'll try to post some if I can get them off him.

Regards,

Dear ibukhari,
Thanks for the update. I would be grateful if you could post some pictures up.

I had recently been to the site, not much was happening. What I got to know was that 1st of November was confirmed for work to begin in full swing. This is for Villa's only. Not sure when the buildings will come up, but the Engineer guarantees that the buildings should be ready by mid 2010, so give and take 6 months delay, the entire villa and apartments project should be ready by end 2010. Lets hope so !!

I had recently been to the site, not much was happening. What I got to know was that 1st of November was confirmed for work to begin in full swing. This is for Villa's only. Not sure when the buildings will come up, but the Engineer guarantees that the buildings should be ready by mid 2010, so give and take 6 months delay, the entire villa and apartments project should be ready by end 2010. Lets hope so !!.

:hahaha:

Something funny MALeC...share the joke with us also

I think he is a little sceptical that work will actually start on 1st November '08. I must say that I am a little sceptical too, why have they taken so long to get this project off the ground. Especially when everything sold out ?

I was laughing more at the completion date. Nothing will finish by 2010 considering there is no infrastructure. :)

Agree with Malec you would be lucky to see this completed by 2012. No infrastructure, dwindling work force rising costs, credit crunch and dubai debt over 100% of GDP. With those headwinds you may be lucky to see it started and finished at all

I visited the site on Friday and was pleased to see work being done full blast...even on a Friday (7/11/2008) one could see work being done.....atleast 50 odd Villas...being worked upon simultaneously....they have started digging etc till the farthest corners of their plot…next 3 months or so should be interesting to see if they are able to sustain this

Hi DehliFriend, well that is great news. Did you take any pictures, if not do you think you could take some next time you are there ?

Hi DehliFriend, well that is great news. Did you take any pictures, if not do you think you could take some next time you are there ?


Sure...I shall visit after another 2 to 3 weeks and shall get the photographs

I was laughing more at the completion date. Nothing will finish by 2010 considering there is no infrastructure. :)

I have almost bought here , in May 2006 visited the sales centre , they promised that everything will be ready in 2008 and still nothing...

Hello Friends and investors of Living Legends, Had been to the site this Saturday 29th of Nov. and to my surprise, I seen the work was on, could see Iron rods from the ground for a good lot of villas. This means that the foundation work for the 500 villas was on, Though I could not see how many villas had the foundation ready, but I could see a good number, lot's of material too at site where the security states that work is on 24 hours a day. He also states that soon the foudation work for the buildings should start. Will meet the Engineers somewhere during mid December to get more details. Thanks

Excellent news!! Thanks for the much needed update :banana:

Visited the site on 20th December and pleased to see good progress on the project...apart from this location atleast 3 new projects are underway near to our site.....Al Barari has also taken a decent shape and looks like if the progress goes well then this locality shall develop in years to come

Meawhile, TATWEER's chairman/CEO had conveyed in one of the releases to Media that they are reviewing Dubai Land projects and shall come up with their findings by the month end...has anybody heard further???

Thanks

If you guys know that the Engineer at site is Mr. Khalid, he seems quite upbeat in regards to the development and has stated that the work for the buildings (apartments) would start within the next three weeks. The project plan and Diagrams are ready and will go to Dubai Municipality for approval, as all machinery and equipment is already there, the building work would commision almost immedietly, I would be seeing him mid-Jan to see the development and to take some photo's. However the construction of Villa's is going on very well, I guess by now they set the basement for around 100 villa's, it was about 50 when I seen the site last month, Let's hope and pray this trend continues in difficult times.

Regards

Hi Guys, thanks for visiting the site and giving us the valuable updates. Please continue to visit and post some pictures if you can. It is much appreciated by all Legends investors, especially the ones who live abroad !

Dear Investors on Living Legends Project ( especially APARTMENTS),

In wake of the following news item in www.business24-7.ae, do we have to stop paying in our escrow account incase we have paid more than 20%...what do you propose should be done...

Regards



.....................................................................
Starting from January 1, 2009, developers and banks have been ordered to stop taking payments more than 20 per cent of the cost of properties from buyers or investors until construction begins, a Real Estate Regulatory Agency (Rera) official has revealed.

"We have sent out letters to 100 developers – as well as having meetings with them and lending banks and institutions – telling them to take payments from buyers worth only up to 20 per cent of the contract value," Essa Saeed Ahmed Al Mansoori, Head of the Trust Accounts Section at Rera's Real Estate Development Trust Account Department, told Emirates Business.

"With properties that are already being built, developers who have collected more than 20 per cent of the contract value from buyers will immediately have to stop asking for further payments until they correlate the escrow amounts already collected to construction progress."

Rera has set up an 11-member Real Estate Development Trust Account Department that will supervise and monitor the construction process and ensure the escrow amounts are collected in accordance with the agreed schedule.

"We have all the figures in our database and are asking developers to stop collecting money from buyers," said Al Mansoori.

Rera Chief Executive Marwan bin Ghalita said developers could protect their rights by referring disputes to the Property Court where contractual agreements would be enforced. "The message we want to send out to the developers and lending banks is to consider the situation of the investor before they take action," he said. "In this time of crisis, everyone should work together and everybody's rights will be protected."

Meanwhile, Rera has announced that a revision of Law No 8 is being considered by Dubai Land Department.

"For new sales and purchase agreements the booking amount has been set at a fixed amount rather than the previous rate of five to 10 per cent of the contract value," said Al Mansoori . "In January, Rera will set up a technical audit team. The new system will enable stricter auditing of the escrow account, the developer and the trustee."

He added that Rera was introducing regulatory procedures covering Law No 13, which established the Interim Real Estate Register.

A land department spokesman said 100,000 units had already been registered.

This is indeed good news but those who are owning Apartments in Living Legends may not be celebrating much as most of the amount is already paid, all you stop paying is the 4,999- / 5,999- / 6,999- X 3 or 6 cheques which is not all that substantial amount considering the fact you have an apartment worth over 1 mil.

As I had mentioned earlier, The Engineer was quite upbeat about commencing of the Apartments project, hopefully we should have a start with a few days.

To be honest, I rather have the Apartment work started than the payment delayed.

Take care and Happy new year.

This is indeed good news but those who are owning Apartments in Living Legends may not be celebrating much as most of the amount is already paid, all you stop paying is the 4,999- / 5,999- / 6,999- X 3 or 6 cheques which is not all that substantial amount considering the fact you have an apartment worth over 1 mil.

As I had mentioned earlier, The Engineer was quite upbeat about commencing of the Apartments project, hopefully we should have a start with a few days.

To be honest, I rather have the Apartment work started than the payment delayed.

Take care and Happy new year.

I totally agree, lets hope that the engineer was right and they make a start on the aparments ASAP.

Tanmiyat says it has no plans to lay off workers
Saudi Arabia: Wednesday, January 07 - 2009 at 10:20
Saudi-based Tanmiyat Group has announced that all of its projects will be going ahead and that it has no plans to lay off any of its employees. The investment and real estate development company is confident that it is progressing on a positive path despite the current market slump, according to senior company officials. Tanmiyat Group's projects in the Middle East real estate sector include the Living Legends in Dubailand, the Commercial Heights project in Dubai's Business Bay and the $3bn Ajman Marina development.

A mate of mine went to the site today and said it was closed. Apparently the workers are off for the chinese new year. Is that so?

guys its bad news for us investors in legends -- inside story the have no money to forget finsh to start the project --it seems all the money collected from legends was ised in suadia .. n these guys are buying ime by showing soem work by putiing up fence and making some holes --lets get tough guys can i have agroup of people who have invested in the project get together n lets doo somethng about it -- csue these guys are not going to ask money but they not going to do any work too --i caled theenginer last week n he tells me he is waiting for apporpval form dubai munciaplity to restart the work --and just a few months back he told me he has all the approvals and is doign the work infull swing --soo guys get in touch with em n lets do somethng

guys its bad news for us investors in legends -- inside story the have no money to forget finsh to start the project --it seems all the money collected from legends was ised in suadia .. n these guys are buying ime by showing soem work by putiing up fence and making some holes --lets get tough guys can i have agroup of people who have invested in the project get together n lets doo somethng about it -- csue these guys are not going to ask money but they not going to do any work too --i caled theenginer last week n he tells me he is waiting for apporpval form dubai munciaplity to restart the work --and just a few months back he told me he has all the approvals and is doign the work infull swing --soo guys get in touch with em n lets do somethng

Sure, we can all team up and walk into their office.

Sure, we can all team up and walk into their office.


Let us team up...and walk in to their office and also office of RERA....can RERA be of any help

Let us team up...and walk in to their office and also office of RERA....can RERA be of any help

Let us touch base with Tamweel also....trust our funds in the Escrow account our safe....more so for Apartments as the Construction for apratments has not started at all

This is what's happened to them !

http://i39.tinypic.com/w7hqb9.jpg

I was given a number by the reception of Tanmiyat, this number belongs to Ms Luba (04-3600068), the customer service representative at Tanmiyat. She was trying to convince me that nothing is wrong, but the project of Towers is moved back 2 months. Asked the reason and she spelt out Villa's foundation as a key factor for delay. The contractors are CSI from China who have built the Dubai Mall and hotel. Although she's assuring that the project has to be completed by end of 2010, I was stressing on the fact wether it would ever begin.

For this folks, I guess its best we meet up at the office after taking prior apointments.

guys
lets get o togther my email id is ziyadbd at yahoo dot com send me an email and lets see what we can do --and anybody else got any news from them

well this miss luba or whateve -- met her personally a few weeks back and she tells me this is a big project and they need money and due to shortage of moaney they have delayed the project -- guess shes doing a good job representing the group

Dear Fellow Investors....

Yesterday, I happen to visit their office (Contract Office) ....and they have conveyed that a letter is being sent to all the investors to STOP payments...as per them this is being done based on instructions from RERA...infact RERA has conveyed not to give any further payment after Dec 2008..till further notice..which at present is atleast till 31st April 2009

The letter should be sent within 7 days....please do confirm if you start receiving this letter..

Hi Guys,

Jusk spoke to Customer services rep Luba and she tells me that construction has recommenced today. I certainly hope so!

Also, note that the villas have started first, so it'l probably be time before they get to the towers.

Has anybody received the letter

Has anybody received the letter
No, Not yet

No, Not yet

Thanks

Hi
I had a talk with Custoimer Service up at Tanmiyat. They say that the project is delayed but will be handed over by Oct 2010. This is for the apartments. I asked for an update on mail and they will send it. It was 2 weeks back. I am still awaiting the mail.

Tamweel on the other hand said that they are ready to make the payment for 27th Feb. Also have sent me a letter that I need to pay for the registration fee as the per the amended law in 2008.

Any info on these that you guys could share?

Hi
I had a talk with Custoimer Service up at Tanmiyat. They say that the project is delayed but will be handed over by Oct 2010. This is for the apartments. I asked for an update on mail and they will send it. It was 2 weeks back. I am still awaiting the mail.

Tamweel on the other hand said that they are ready to make the payment for 27th Feb. Also have sent me a letter that I need to pay for the registration fee as the per the amended law in 2008.

Any info on these that you guys could share?
Thanks buddy, I did not quite understand the "Tamweel" part and what payment that is, also what is this registration fee when there is nothing up or plans to come up.?

Tamweel is the banker in my case and the payment is the schedule that the banker will pay the developer as agreed. It could be paid as per the construction plan or as per the dates as mentioned in the SPA. In case of Living Legends it is on a date basis.

As for the registration fee it is the amendment to law no 13 2008 that sates all off plan or under construction projects must be registered with RERA. A copy of the law is available on RERA website.

I am planning to visit the office again. Any suggestions!!!!!

Hi
The customer service finally sent me the update. Here is a copy of the email sent:
-------------------------------------------------------------------------
Thank you so much for your request for information about The Living Legend Tower.

Please, be informed of the following progress activities these project as follows.



Main Constructor is CSI {Chinese State International} Construction Engineering L.L.C.





Design status:

Architectural Drawings completed.

Structural Drawings completed.

MEP drawings completed.





Construction status:



Expected to be started in the middle of 2009

Expected to be completed in the end of 2010





As soon as I know the latest information about the construction I will come back to you.



We are really sorry for this situation and assure you that the problem will be promptly resolved to your satisfaction.



Please, accept our apologies for the delay.



Luba Rybinskaya
CRM Executive

Also got a letter from Tanmiyat not to make any payments till April 29th 2009.

Looks like follow up has had its rewards.

Guys: Let me know if you have the ssame dates for delaying payment.

Vye

Hi
The customer service finally sent me the update. Here is a copy of the email sent:
-------------------------------------------------------------------------
Thank you so much for your request for information about The Living Legend Tower.

Please, be informed of the following progress activities these project as follows.



Main Constructor is CSI {Chinese State International} Construction Engineering L.L.C.





Design status:

Architectural Drawings completed.

Structural Drawings completed.

MEP drawings completed.





Construction status:



Expected to be started in the middle of 2009

Expected to be completed in the end of 2010





As soon as I know the latest information about the construction I will come back to you.



We are really sorry for this situation and assure you that the problem will be promptly resolved to your satisfaction.



Please, accept our apologies for the delay.



Luba Rybinskaya
CRM Executive

Also got a letter from Tanmiyat not to make any payments till April 29th 2009.

Looks like follow up has had its rewards.

Guys: Let me know if you have the ssame dates for delaying payment.

Vye

.......................


Great..incase Architectural Drawings, Structural Drawings and MEP drawings are completed...can we ask them to give a copy of the same to us as if you all reember with the main contract they had not provided these annexures...any thoughts

Not a bad idea. We may not get them but no harm in trying. I will send across a mail and see what they have to say.

Just received that letter, stating what you have mentioned. The Engineer had mentioned about the drawings etc. etc. going to the Dubai Municipality for approval, this was way back in November. We are still waiting. I guess we have to pur pressure on them to come up with a concrete date and stand by it, they atleast need to have an investor meet, that will assure all invetors in one go.

I was refering to the "Stop Payment Letter"

Bullshit!

Bullshit!
what's so bullshit about the message ?. if i have a letter from Tanmiyat, then i have it ?.

what's so bullshit about the message ?. if i have a letter from Tanmiyat, then i have it ?.

I too have received a letter from Tanmiyat :

Dear Client,

Tanmiyat Real Estate Investment Development LLC ("Tanmiyat") would like to thank you for your continuous suppport and for choosing to invest in our landmark project "The Living Legends" in Dubailand. The Dubai Real Estate Regulatory Authority (RERA) is pursuing the reorganization of the real estate development industry in Dubai, due to current financial and economic conditions. In compliance with the directives of RERA, Tanmiyat is currently revisiting the payment plans and schedules for the "Living Legends Project" so that the plans are in accordance with the construction completion progress in the project. To achieve this objective, Tanmiyat has decided to suspend collection of payments and installments due from Property and Unit Owners of "The Living Legends" until finalization of the payment schedule that corresponds to the Project completion date.

Accordingly, you are kindly requested to stop any transfers and deposits of all installment payments whether due or past due, to the Project account, effective from the date of this letter and until 30th of April 2009. In the interim, Tanmiyat will communicate to all Buyers of property in Living Legends the new payment schedule, as soon as it is finalized. This temporary delay and/or suspension of the collection of payments and installments shall not be construed as a waiver by Tanmiyat of any of its right or of any amounts due to it.

Tanmiyat would like to emphasize its continuous dedication to all who purchased a property in the Living Legends project and the commitment to complete this project. Tanmiyat assures you that it is using its best endevors to complete construction of this project.

Best Regards
Credit & Collection Department
(Tanmiyat Group)

^^Do you think their Debit & Deposit Return Department is up and running?

^^Do you think their Debit & Deposit Return Department is up and running?

They continue to claim that they have paid 100% of land price and hence project shall go ahead.....................

Hi Guys,

Jusk spoke to Customer services rep Luba and she tells me that construction has recommenced today. I certainly hope so!

Also, note that the villas have started first, so it'l probably be time before they get to the towers.

Hi All,

I visited the site yesterday...construction has not resumed...Ms. Luba has misinformed....as they have been doing till date

Not a bad idea. We may not get them but no harm in trying. I will send across a mail and see what they have to say.

Hi

Were you able to send an email on drawings etc to TANMIYAT...any reply

thnx

Hi
pls read this very interested article. I think Tnamyat should do the same!!


Developer slashes property prices by up to 30%

PRICE DROP: The Domain, one fo Mada'in's signature developments in Dubai.A Dubai-based developer has reduced the price of its properties by as much as 30 percent as a result of falling property prices across the UAE.

Existing customers of Mada’in Properties will receive revised contracts with the purchase price of their properties discounted up to 30 percent, the developer said on Wednesday.

“We have studied the market conditions and have formulated a strategy that deals with the past, the present and the future. Bearing this in mind, we have made the decision to assist our customers in their investments, not only in good times, but also in the current market conditions,” Abdul Aziz Al Awar, CEO of Mada’in Properties said.

“The construction costs have been reduced significantly allowing us to pass on the savings to our current customers,” he added.

Dubai real estate has dropped 25 percent from its September peak as speculators left the market as a result of the global downturn and banks reduced their lending, according to Morgan Stanley.

In February, Dubai-based developer, Deyaar also announced it would reduce the price of properties bought during the real estate boom

5 years later and its still a desert.............i remember trying to purchase a villa from them 3 years ago and the saleslady told me they were "sold out"............just like every other project in dubai was at the time, thank god i did not invest in this project

Another day, an another letter send by Tanmiyat, this time its "force majeure". Please read on and we can then discuss.

Another day, an another letter send by Tanmiyat, this time its "force majeure". Please read on and we can then discuss.


Yes recd the letter....sent by GREAT Properties....on Tanmiyat letter head..signed by somebody but no name......very authentic....

I live in the UK so I guess it will take longer to reach me. So what does it say on this letter ?

I live in the UK so I guess it will take longer to reach me. So what does it say on this letter ?

In nutshell

"As you are already aware, the completion of the Living Legends project has been delayed. While Tanmiyat deeply regrets such a delay, we must advise you that the delay is due ti circumstances beyond Tanmiyat's control. Despite attempts to mitigate delays by taking all reasonable steps, such has not been possible. As a result, Tanmiyat must declare, pursuant to Article 13 OF THE OFFICE/SALE AGREEMENT, an event of Force Majeure.

We trust that by this time you have received our notification to temporarily suspend all payments, whether due or past due, until the 30th of April 2009, while Tanmiyat finalizes a nee payment schedule commensurate with consutruction. Please note, as stated in such letter, that this temporary delay and/or suspension of the collection of payments and the installments shall not be construed as a waiver by Tanmiyat of any kind of rights or any amounts due to it.

Tanmiyat would like to emphasise its continous dedication to all property owners in the living legends projects and its commitment to complete this project, as soon as reasonably practicable. Tanmiyat will shortly finanlize the project completion schedule and will advise you accordingly................."


Do we have any lawyers in this group...their view on this shall be helpful

Regards

Thanks for that. I just received the letter through the post.

Well they are really taking the p.ss. They are trying to worm their way out of paying any late completion penalties. They don't even say what the Force Majeure was. They can't get away with this surely ?

Thanks for that. I just received the letter through the post.

Well they are really taking the p.ss. They are trying to worm their way out of paying any late completion penalties. They don't even say what the Force Majeure was. They can't get away with this surely ?

Has anybody seen clause 1 of Art.12 of the sale contract? ''In case the seller is unable to handover the property to the purchaser within the anticipated completion date, the purchaser may by a 30 days written notice to the seller terminate the agreement and upon termination the seller shall refund all amounts received from purchaser?

the thing is to see what is the renewed completion date now, in my contract it says 30/5/09, so in theory I could cancel now and get my money back, unless they claim this delay until 12/2010 is force majeure!??

I guess it's a lesson to NEVER buy off-plan from second-grade developers and trust dodgy sales pitches and fancy futuristic videos!

Hi Everyone,

I called Tanmiyat about this Force Majeure Letter. They referred me to their Lawyer. I am going to visit their lawyer tomorrow and see what he says.

As Investors, we should all meet up somewhere this week to discuss what we can do jointly because we need to act fast. In our meeting we can put something together so that we can all approach RERA and get our money back from Tanmiyat because they will never finish this project by the sounds of it and we should do something immediately.

Can you guys email me elyas.suleman@gmail.com so I can gather names and phone numbers and I can arrange a meeting for later this week or early next week with you all?

Elyas,

I met a Tanmiyat Lawyer by the name of Auss Younis last year when I was visiting Dubai. They referred me to him when I demanded to know what was going on with the project. He is a nice diplomatic chap, I didn't gain much knowledge despite chatting with him for an hour. I guess he will spin the same crap to you.

The thing is would you be happy with just a refund, I for one would expect at least some sort of compensation with my full refund. And what happens if RERA eventually sort these guys out and we get a firm-ish date of end of 2010?

Elyas,

I met a Tanmiyat Lawyer by the name of Auss Younis last year when I was visiting Dubai. They referred me to him when I demanded to know what was going on with the project. He is a nice diplomatic chap, I didn't gain much knowledge despite chatting with him for an hour. I guess he will spin the same crap to you.

The thing is would you be happy with just a refund, I for one would expect at least some sort of compensation with my full refund. And what happens if RERA eventually sort these guys out and we get a firm-ish date of end of 2010?

Auss has left the company in August - Sept....now they have a new legal council..

My definintion of Force Majeure is an act of god? So are they saying the financial crisis is an act of god or did I miss an earthquake??

My definintion of Force Majeure is an act of god? So are they saying the financial crisis is an act of god or did I miss an earthquake??
they have their own convenient definition of force majeure in the contract, pls look at it

Well yes they do have their own definition but RERA do intervene if there are any misleading clauses like this in any contracts. I will update you guys with what they are saying now.

But it really is worthwhile for us to form our own group and approach RERA as a group of investors.

So far several people have sent their details to me so that we can meet and discuss what to do on the whole.

Can you guys email me elyas.suleman@gmail.com so I can gather more names and phone numbers and I can arrange a meeting for later this week or early next week with you all?

We met with their lawyer Ashish Mehta who said that the reasons for Force Majeure are many including:

1. Recession
2. Delay in obtaining permits from the relevant authorities - Dubai Municipality, Dubailand, DEWA and architect approval

We asked him for the evidence of these and he mentioned that we would have to directly ask his client (Tanmiyat) for these.

Therefore, each of us investors should write a letter to Tanmiyat asking for the reasons and evidence behind this force majeure that they are declaring.
So could everybody please do that and send it to the Tanmiyat.

By the way, their site office is closed now which means that they may be trying to do a runner because most of the investors had paid the initial 30-40% before the actual Escrow System came into effect which means we would all lose our investment if these guys run-off!

So before they do that I urge everyone to write an official letter as stated above and then we can all meet sometime this week or early next week to discuss our swift action of approaching RERA as a group of investors so please continue to send your contact details to me on elyas.suleman@gmail.com so that I can gather a list of people and we can set a time/place to meet. If we approach RERA as a group then there is a better chance that we will get something back!

Hi Everyone,

I have drafted a letter to Tanmiyat, which you all may also use (try to use your own words if possible). It would be a good idea to courier it to them and fax it too:

********************************************************
FAO: Mr. Ziyad Al Ghatbar
Tanmiyat Real Estat Investment Development LLC
P.O.Box 118246
Tel: +971 4 2833296
Fax: +971 4 2833297

Date: 10th March 2009


Subject: Force Majeure Notice for Living Legends Project


Dear Ziyad,

This is with reference to your letter dated 2nd March 2009 regarding your declaration of Force Majeure.

In your letter you failed to mention the actual reason(s) for your declaration and have not provided any proof or evidence to substantiate that the Force Majeure is valid. Therefore I would like you to specify the exact reason(s) backed with actual evidence.

Please note that this letter shall not be construed as an acceptance and/or agreement to your Force Majeure cause/event. It shall also not be construed as a waiver by me of my rights or of any amounts due to the delay.

I would also like to remind you that, as a result of the decreasing cost of construction, many developers have reduced the prices of their off-plan properties that were already invested in by investors. Therefore developers are revising contracts with the purchase price of their properties discounted by up to 40 percent. Such developers have studied the market conditions and have formulated a strategy that deals with the past, the present and the future. Bearing this in mind, they have made the decision to assist their customers in their investments. Therefore, Tanmiyat should be taking this step also since construction costs have been reduced significantly allowing Tanmiyat to pass on the savings to their current customers and retain confidence amongst the investors.

Kind Regards




Elyas Suleman

We need to meet up, stratergise and then approach RERA as soon as possible, TANMIYAT may be accumalating thier assests and winding up operations with all the loot they collected. They were just buying time.

Hi Everyone,

I have drafted a letter to Tanmiyat, which you all may also use (try to use your own words if possible). It would be a good idea to courier it to them and fax it too:

********************************************************
FAO: Mr. Ziyad Al Ghatbar
Tanmiyat Real Estat Investment Development LLC
P.O.Box 118246
Tel: +971 4 2833296
Fax: +971 4 2833297

Date: 10th March 2009


Subject: Force Majeure Notice for Living Legends Project


Dear Ziyad,

This is with reference to your letter dated 2nd March 2009 regarding your declaration of Force Majeure.

In your letter you failed to mention the actual reason(s) for your declaration and have not provided any proof or evidence to substantiate that the Force Majeure is valid. Therefore I would like you to specify the exact reason(s) backed with actual evidence.

Please note that this letter shall not be construed as an acceptance and/or agreement to your Force Majeure cause/event. It shall also not be construed as a waiver by me of my rights or of any amounts due to the delay.

I would also like to remind you that, as a result of the decreasing cost of construction, many developers have reduced the prices of their off-plan properties that were already invested in by investors. Therefore developers are revising contracts with the purchase price of their properties discounted by up to 40 percent. Such developers have studied the market conditions and have formulated a strategy that deals with the past, the present and the future. Bearing this in mind, they have made the decision to assist their customers in their investments. Therefore, Tanmiyat should be taking this step also since construction costs have been reduced significantly allowing Tanmiyat to pass on the savings to their current customers and retain confidence amongst the investors.

Kind Regards




Elyas Suleman

All,

Wish to bring to your notice that As per Art 11 "Defaults of Purchaser to fulfill his Obligations ...11.1 The Purchaser shall pay to the Sellet a Compensation Amount equivalent to 20% of the Agreement total amount where the purchaser has terminated this agreement for any reason other than those provided in Art 13 thereof.."

Art 13 is force majure...so can we ask them to cancel our booking since the force majure has been invoked and expect not to forefeight 20%.

Regards

We need to meet up, stratergise and then approach RERA as soon as possible, TANMIYAT may be accumalating thier assests and winding up operations with all the loot they collected. They were just buying time.

Unbeleivable! Their site office is clsoed and shkh zayed road too, they are now in diera without telling anybodys! what is goign on?

Okay, can we all meet on Saturday so we can strategise and then follow up by approaching RERA on Sunday or Monday?

Time: 4pm
Date: Saturday 14th March 2009
At: Starbucks (near Ski Dubai), Mall of Emirates

For those willing to attend, please send me an email with name and phone number at elyas.suleman@gmail.com

Unbeleivable! Their site office is clsoed and shkh zayed road too, they are now in diera without telling anybodys! what is goign on?

When I bought this project, a friend had told me 'why are you buying in Legends? stick to something which is real!' The name Legends really make sense now, it may never happen!!

I beleive, Approching RERA will not be of much benefit, I just got to know that Great Properties are controlling the situation of Dead Legends (living). They are located near Garhoud, close to City cente Deira or Tamweel office. The three receptionist who can blow your mind off with their looks are the first line of defence, We need to meet the General Manager of Tanmiyat and ask him for details or investor meet. Another news that was shared was that the payments to this Chinese company (China construction) was not made and hence all the work was stopped. The money which constitutes to 60% of investors money is lying in the Escarow account.
We can discuss when we meet.

Elyas, I have furnished my number to you before, but send you an email soon.

For those of you who have emailed me already, I will be calling you all today for confirmation. Please bear with me whilst I get round to call everyone. We actually have quite a long list of people (30-40 so far).

For those of you who have been unable to email me, please feel free to join us to discuss what we can possibly do:

Time: 4pm
Date: Saturday 14th March 2009
At: Starbucks (near Ski Dubai), Mall of Emirates

Thanks to everyone who was able to attend our meeting today.

I am going to create a mailing list and send emails out to everyone with the updates.

As discussed today, we are going to take 3 different routes:

1. To meet the CEO of Tanmiyat (as a group of investors)
2. One of the members will speak to a lawyer and get back to us.
3. A few of us will approach RERA on Monday morning.

Early this week I shall try to update everyone by email.

Hi
I missed the discussion so far and would like to be actively involved in the group.
Elyas: I have already sent my details to you on email.

Deepak

Also for the post by khatri, i do not think that recession or permits exactly fall under the umbrella of Force Majure.
So asking for proof does not mean that Tanmiyat will be justified if they furnish details of this.

Hi
I had sent a mail across to Ms. Luba asking for reasons of Force Majure.
Below is the reply:

-------------------------------------------------------------------------------------
Mr. Deepak



Many thanks for your e-mail. I hope you are doing well. Our office has been moved to Garhoud area, in Al Zalfa building next to Emirates Aviation College. Unfortunately for the past weeks the office numbers hasn’t been connected since we’ve relocated.



We will be sending out an e-mail shot this week with the new office location too.



As you know all our clients will be receiving a letter for stopping the payments till April 30, 2009, and after that it will be revised payment plan according with completion date of the construction in Living Legends. Please, find attached the copy of this letter.



I have also attached the February E-Newsletter which informs you that the development continues to move forward and that excavation has been completed for the 240 villas. It will also include tower flats {the apartments} comprising of an assortment of studios and penthouses ranging in size from 2-4 bedrooms.



At the moment we are in the process of confirming the actual number of labor supply, required for the completion date. This is currently taking place right now and as soon as its confirmed, they will continue with the work as planned and projected.





Best regards,



Luba Rybinskaya

Also for the post by khatri, i do not think that recession or permits exactly fall under the umbrella of Force Majure.
So asking for proof does not mean that Tanmiyat will be justified if they furnish details of this.

Dear Deepak,

Yes, that letter actually states that:

"Please note that this letter shall not be construed as an acceptance and/or agreement to your Force Majeure cause/event. It shall also not be construed as a waiver by me of my rights or of any amounts due to the delay."

even if it is quite an old article, might be worth having a word wiht Mr Al Habbai?
Dubailand 'will not allow delay of projects'

Dubailand has said it would take over any delayed project and build it on its own to ensure timely delivery.

Dubailand has said it would take over any delayed project and build it on its own to ensure timely delivery.

Mohammed Al Habbai, Chief Executive of the mega-development, told Emirates Business that no developers will be allowed to delay the construction work on any of the projects.

Although so far no project has been identified as delayed, Al Habbai said Dubailand , a member of Tatweer, would not hesitate to take over any such project if the need arises.

"We want to go ahead as planned and will not entertain companies that delay the start of construction work. If there is a need, we will do it ourselves," said Al Habbai. Although the first phase of the Dubailand is expected to be complete by 2010 it will take another 12 years for the project to be completely operational.

To date, Dubailand has announced 23 major projects and work on most of them is on schedule. Some of the projects that are already operational include the Autodrome in Motor City, Polo and Equestrian Club, Outlet Mall in Outlet City, Global Village, Al Sahra Desert Resort and the Ernie Els Golf Club at Dubai Sports City.

Meanwhile, total investment at Dubailand has risen to Dh325 billion 38 per cent more than the Dh235bn announced in 2007, Emirates Business has learned.

Al Habbai said the increase was due to three mega projects having been launched in the first three months of this year. And he added more global attractions were in the pipeline, despite the fact that investments at Dubailand have already beaten expectations. The first announcement this year was Dreamworks Animation Parks in January followed by Little Big Club from Hit entertainment at Global Village in February and Six Flags Theme Park in March.

Dubailand is in talks with property and entertainment groups for the launch of new projects, said Al Habbai. "Within this month we will be announcing another new project. Talks have reached the final stage with the parties concerned."

Launched in October 2003, Dubailand is pitching itself as the Middle East's answer to Disneyland with major attractions including theme parks, culture and art centres, science displays and planetariums, sports academies, resorts and hotels.

Next up, the Formula 1 theme park at Motor City will be ready by the third quarter of 2009 and the following year will see the launch of the project's first water theme park, Universal Studios and the City of Arabia. Other phase one projects due to open in 2010 include the Ernie Els Golf Course, Global Village, Dubai Outlet City, Plantation World and the Al Sahara Desert Resort.

Universal Studios will be the main attraction of the Dh8bn Universal City. The project will include theme parks that will showcase movie themed rides, shows and characters.

The project will consist of four themed lands, including Hollywood Zone, Metropolis Zone and Adventure Zone and will include attractions like the Mummy, Jurassic Park River Adventure and The Eighth Voyage of Sinbad Stunt Show, along with new attractions such as a King Kong-themed roller coaster and an Aladdin-themed ride.

Pierre Y Paquette, project director at PB Middle East Limited, told Emirates Business earthwork on four luxury hotels has already started and along with the boulevard, they will be ready by December 10, 2010.

"The boulevard will connect the hotels to the theme park. Along the city street will be the retail shops, restaurants and cinemas," said Paquette.

All Dubailand projects are expected to be completed by 2020. It expects to generate a footfall of 40,000 visitors a day, contributing to the goal of attracting 15 million visitors to the UAE every year.

Hi
I had sent a mail across to Ms. Luba asking for reasons of Force Majure.
Below is the reply:

-------------------------------------------------------------------------------------
Mr. Deepak



Many thanks for your e-mail. I hope you are doing well. Our office has been moved to Garhoud area, in Al Zalfa building next to Emirates Aviation College. Unfortunately for the past weeks the office numbers hasn’t been connected since we’ve relocated.



We will be sending out an e-mail shot this week with the new office location too.



As you know all our clients will be receiving a letter for stopping the payments till April 30, 2009, and after that it will be revised payment plan according with completion date of the construction in Living Legends. Please, find attached the copy of this letter.



I have also attached the February E-Newsletter which informs you that the development continues to move forward and that excavation has been completed for the 240 villas. It will also include tower flats {the apartments} comprising of an assortment of studios and penthouses ranging in size from 2-4 bedrooms.



At the moment we are in the process of confirming the actual number of labor supply, required for the completion date. This is currently taking place right now and as soon as its confirmed, they will continue with the work as planned and projected.





Best regards,



Luba Rybinskaya



^^

Deepak,
This February E-Newsletter, is this a Tanmiyat Newsletter, was this sent to all Tanmyat investors ? I guess, not ? I suppose if this was a half decent company they would have. Does it have any other user bits of information on it ?

even if it is quite an old article, might be worth having a word wiht Mr Al Habbai?
Dubailand 'will not allow delay of projects'

Dubailand has said it would take over any delayed project and build it on its own to ensure timely delivery.

Dubailand has said it would take over any delayed project and build it on its own to ensure timely delivery.

Mohammed Al Habbai, Chief Executive of the mega-development, told Emirates Business that no developers will be allowed to delay the construction work on any of the projects.

Although so far no project has been identified as delayed, Al Habbai said Dubailand , a member of Tatweer, would not hesitate to take over any such project if the need arises.

"We want to go ahead as planned and will not entertain companies that delay the start of construction work. If there is a need, we will do it ourselves," said Al Habbai. Although the first phase of the Dubailand is expected to be complete by 2010 it will take another 12 years for the project to be completely operational.

To date, Dubailand has announced 23 major projects and work on most of them is on schedule. Some of the projects that are already operational include the Autodrome in Motor City, Polo and Equestrian Club, Outlet Mall in Outlet City, Global Village, Al Sahra Desert Resort and the Ernie Els Golf Club at Dubai Sports City.

Meanwhile, total investment at Dubailand has risen to Dh325 billion 38 per cent more than the Dh235bn announced in 2007, Emirates Business has learned.

Al Habbai said the increase was due to three mega projects having been launched in the first three months of this year. And he added more global attractions were in the pipeline, despite the fact that investments at Dubailand have already beaten expectations. The first announcement this year was Dreamworks Animation Parks in January followed by Little Big Club from Hit entertainment at Global Village in February and Six Flags Theme Park in March.

Dubailand is in talks with property and entertainment groups for the launch of new projects, said Al Habbai. "Within this month we will be announcing another new project. Talks have reached the final stage with the parties concerned."

Launched in October 2003, Dubailand is pitching itself as the Middle East's answer to Disneyland with major attractions including theme parks, culture and art centres, science displays and planetariums, sports academies, resorts and hotels.

Next up, the Formula 1 theme park at Motor City will be ready by the third quarter of 2009 and the following year will see the launch of the project's first water theme park, Universal Studios and the City of Arabia. Other phase one projects due to open in 2010 include the Ernie Els Golf Course, Global Village, Dubai Outlet City, Plantation World and the Al Sahara Desert Resort.

Universal Studios will be the main attraction of the Dh8bn Universal City. The project will include theme parks that will showcase movie themed rides, shows and characters.

The project will consist of four themed lands, including Hollywood Zone, Metropolis Zone and Adventure Zone and will include attractions like the Mummy, Jurassic Park River Adventure and The Eighth Voyage of Sinbad Stunt Show, along with new attractions such as a King Kong-themed roller coaster and an Aladdin-themed ride.

Pierre Y Paquette, project director at PB Middle East Limited, told Emirates Business earthwork on four luxury hotels has already started and along with the boulevard, they will be ready by December 10, 2010.

"The boulevard will connect the hotels to the theme park. Along the city street will be the retail shops, restaurants and cinemas," said Paquette.

All Dubailand projects are expected to be completed by 2020. It expects to generate a footfall of 40,000 visitors a day, contributing to the goal of attracting 15 million visitors to the UAE every year.

Can you contact Mr Al Habbai and find out if they can do something as per the above promise?

Hi Everyone,

Check this news on AME Info: http://www.ameinfo.com/188719.html

Its an announcement by Tanmiyat.

Hi ..One of the major investors has claimed that the construction at the site has started @ 15 days back.....If any of you gets a chance please do have a look..I shall visit the site on Friday and inform

I went on site last week when I was visiting Dubai. I spoke to the project manager Raymond from CSI. He said work started from the end of April 2009 and will now gather pace. I had a bit of a walk about on site and could see about 50 odd people working. Raymond said that things would start speeding up soon. He wouldn't mention how long things would complete.

I visited the site on monday at around 5pm. Security guard would not let me pass the barrier, said he had strict instructions not to let anyone through. I told him I have a villa and that I just wanted to see how the work was progressing, but he still refused. So I called the Chief Engineer, Khalid, who informed me that they are remobilising and that work will be at full speed on June 1st.

The security guard said there were currently 150 people on site, as I couldn't go in, I cannot confirm this. I only saw a few people in the front.

I have also recieved a letter from tanmiyat stating that all new payment schedules will sent in around 2 weeks time.

That security guard is a complete idiot. I argued with him until he got fed up with me and let me in. I think they only have around 50 people working there at the moment. CSI have hired a lot of sub contractors who are sorting out the infrastructure at the moment. Their conditions are really bad. I spoke to one of the workers who said about twenty of them are sleeping on site they have no AC or electrics. I hope this has now been sorted. I think the building work will speed up as RERA has got involved. The question is will there be a mall and fair ground attraction ? Probably not for a while ?

Any improvement since June 1?

I called the agent who sold me my property yesterday, he also has two villas. He said he went to the site on 3rd June and saw work going on at full speed, with around a hundred workers or so.

He also spoke to the chief engineer, Khalid, who said that more workers were on thier way, presumably China.

Apparently, RERA haven't yet returned the approvals to Tanmiyat, that's why we haven't received our new payment schedule.

I called the agent who sold me my property yesterday, he also has two villas. He said he went to the site on 3rd June and saw work going on at full speed, with around a hundred workers or so.

He also spoke to the chief engineer, Khalid, who said that more workers were on thier way, presumably China.

Apparently, RERA haven't yet returned the approvals to Tanmiyat, that's why we haven't received our new payment schedule.

Thanks for the update ibukhari, does Khalid know the completion date for this development. Also do you know if they have started or even going to start the development of the flats ?

Thanks for the update ibukhari, does Khalid know the completion date for this development. Also do you know if they have started or even going to start the development of the flats ?

You're welcome jimbo5. When I spoke to Khalid about a month back, he said completion will be, as mentioned in the revised contracts, in October 2010. Though that seems unrealistic now, let's see where they get to by the end of the year.

Didn't ask about the flats, but i seem to recall, someone from Tanmiyat saying that they will start the flats after starting the villas - not at the same time. I guess the new schedule will apply to flats too.

Today

http://i43.tinypic.com/dh3lp4.jpg

http://i40.tinypic.com/f2obvq.jpg

http://i41.tinypic.com/wl7zt5.jpg

I visited the site today..and couldn't come across any substantial activity taking place....it seems the set up is a sham!!....around 5 - 7 workers were on site..the steel consignment was lying unused..neatly covered....

I visited the site today..and couldn't come across any substantial activity taking place....it seems the set up is a sham!!....around 5 - 7 workers were on site..the steel consignment was lying unused..neatly covered....

Exactly, there is nothing going on the site.