As of this week it looks like 3rd qrt 2009

Is completion by December 2008 realistic for TGR? As of this week it looks like 3rd qrt 2009

Can anyone post recent photos from site please?

Yes but for some reason I can not paste to this reply (new user) what am i doing wrong

Yes but for some reason I can not paste to this reply (new user) what am i doing wrong

Can one of our expert friends help us please?

Imre, any recent pictures of the Trident please?

I would say now, Q4 2009 - Q1 2010 but we will see after 6 months what is the really progress.

02/Nov/2007

TRIDENT GRAND RESIDENCE

http://img228.imageshack.us/img228/2540/imresolt030lm1.jpg (http://imageshack.us)

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Many thanks Imre.

^^Well above ground level.

is that the whole main building except for the poduim. it looks small!

Hi all, I have been looking to buy in the MARINA for a while, I looked at differenet sites bayside residence,, the torch , the point,baycentral and marina heights and settled fot the TGR. I found today a one bed from the developer (they told me it is a reasale). Can I please have some advice as to wether you think I made the right descion to choose TGR.

Hi all, I have been looking to buy in the MARINA for a while, I looked at differenet sites bayside residence,, the torch , the point,baycentral and marina heights and settled fot the TGR. I found today a one bed from the developer (they told me it is a reasale). Can I please have some advice as to wether you think I made the right descion to choose TGR.

Welcome Greekgirl, yes I think you made the right choice, TGR is one of the best towers in the marina and there are not many one bed around for sale in the TGR. If you don,t mind me asking what are you paying for yours?

Just over 1.9 M.

^^ :eek: :eek: ^^

Remember that views could be seiously compromised by The promenade and a whole host of towers still to be built in this sector.

^^ :eek: :eek: ^^

Remember that views could be seiously compromised by The promenade and a whole host of towers still to be built in this sector.

True Blue, you are correct about marina views but for sea views,if you go for high floor (above 15) you should have clear seaviews as you know that the only tower in front of the TGR is the Royal Meridian Hotel (14 floors if I remember rightly).

16/November/2007

Trident Grand Residence, concrete pouring

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But that's not for the tower ???? What is in the front already above ground? Isn't that the tower?

http://i43.photobucket.com/albums/e357/sahmad1/8c4107d3.jpg

this is the podium , swimming pool, tennis , parking etc.. area

the tower already rising.

Great photos, thank you so much Imre. Is it the only tower in the marina with tennis court?

I love TGR.:)

Marina Mansions , The Waves also have tennis court, maybe more but not too much.

^^thank you for the photos Imre, iam not selling mine now,Greekgirl bought here.

Great photos, thank you so much Imre. Is it the only tower in the marina with tennis court?

I love TGR.:)

Dont want to put a downer on TGR but buyers need to be aware that they will be next to the power station and their is a very unpleasant NOISEY DRONE which is constant day and night !! - dont suppose they will soundproof this building ?
Unfortunately we can hear it in JBR and we are further away than TGR.

not bothered love, i luv TGR.:)

Oh thats good, a good set of industrial ear defenders and it will be sorted eh !

Oh thats good, a good set of industrial ear defenders and it will be sorted eh !

Industrial ear defenders... say what?

I wouldn't think you'd hear too much noise from the powerstation, but I could be wrong. TGR will be a nice place to live or rent though, since Trident has a good quality record and their developments are all quite upscale when compared to some of their peers.:)

^^hey, no one watching, i luv your car,s sexy bonnet.

Please could i ask which floor this unit is you bought for 1.9 mill ?

Hi Andy, I bought on a high floor, I know that you have one for sale ,unless you,ve sold it already, could you tell me what type and which floor is yours. you can send me a private message :cheers:

Industrial ear defenders... say what?

I wouldn't think you'd hear too much noise from the powerstation, but I could be wrong. TGR will be a nice place to live or rent though, since Trident has a good quality record and their developments are all quite upscale when compared to some of their peers.:)

believe me you are wrong ! they need to triple glaze the windows on TGR -

Who knows perhaps they will or soundproof the plant.

Hi All :wave:

personally considering purchasing a 1 or 2 bedroom in TGR. Anybody knows of a nice unit with a full sea view overlooking the Royal Meridien? high floor preferably...

There's not a lot for sale, so difficult to determine what is a good price? any guidelines?

thx

I have one bed 7b which I was going to sell but changed my mind when I traveled recently to Dubai and saw the tower rising.If you buy one, make sure it is on the 15th plus floor because this is the height of the royal meridian. I believe as many others on this forum that the TGR is one of the best towers in the marina area, I expect the price to reach 2000 dirham/sq foot on completion. The other thing I like about TGR is the payment plan which is 10% stage payment and 30% on completion( BASICALLY NO WORK , NO PAYMENT), unlike some other developers who want 90% upfront before the tower even rise above ground level. I myself now actively seeking a 2 bed in the TGR, if anyone has a 2 bed please PM me.Good luck and I am sure you will have no regrets.

Anyone who wants to sell a 2 bed with sea views please send me a PM.

we have a two bedroom on the 10th floor that is for sale

we have a two bedroom on the 10th floor that is for sale

Please PM me with details.

24/December/2007

Trident Grand Residence

http://img227.imageshack.us/img227/6983/imresolt22fy4.jpg (http://imageshack.us)

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04/January/2008

Trident Grand Residence

http://img118.imageshack.us/img118/6748/imresolt132wu1.jpg (http://imageshack.us)

Have anybody got a 3 bedroom apartment for sale, type 4B, high floor for sale?

Can anybody help me with the following questions, as I seriosly consider investing in this development:

1) how much is the service charge, and what is included?
2) which floor will the skygym, skylounge and banquet hall be located? all in the same floor or spread out on more floors?
3) are there any parking spaces for guests?
4) is short term letting allowed?
5) can you buy furniture packages from the developer, as they must know pretty well through their interior designers (Ritz Carlton etc) what is in demand in such a high class place?

Any help is appreiciated!

Guys, im looking down on TGR from JBR and counted 100 hard hats on the top floor.
Anyone out there know why they seem to be "hand building" the tower, seems unusual in comparisson to the other towers.
True blue?

Many hands make light work. Around double your head count would be normal for a project this size. Formwork, steelfixing, scaffolding and concrete all need hands to get the job done.

18/January/2008

Trident Grand Residence

http://img211.imageshack.us/img211/4640/imresolt153sc8.jpg (http://imageshack.us)

http://img162.imageshack.us/img162/9971/imresolt155ob0.jpg (http://imageshack.us)

^^ thank you for the update Imre, nice to see the progress... And that the thread wasn't dead anyway... :lol:

It should now rise quickly 1 floor per week.

^^ shouldn't take as long to complete as Marinascape, as it's only 1 tower plus podium, and hopefully they'll have resolved the smart home wiring issue with the suppliers by then... :cheers:

.....and also because here you pay on work advancement basis and not at predetermined dates....

19/January/2008

Trident Grand Residence

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http://img260.imageshack.us/img260/4396/imresolt21ug3.jpg (http://imageshack.us)

Are there any 5b or 6b's for sale on 22 or above?

Cheers

http://img118.imageshack.us/img118/6748/imresolt132wu1.jpg

power station toward marina view (from1to4floors)

Welcome Greekgirl, yes I think you made the right choice, TGR is one of the best towers in the marina and there are not many one bed around for sale in the TGR. If you don,t mind me asking what are you paying for yours?

This is the No.1 Tower in the Marina, I have just bought a 3 bed aprt!! I cant wait.
EKS:):)

are they building this tower a different way than the others that i have seen?
seems like they arent casting any kind of concrete just slotting together a kind of jigsaw to make up the floors.

can anyone shed any light onto this method? if it is quicker or cheaper?

I am actively seeking a 2 bed apartment sea facing(not bothered about views), please send me PM.

are they building this tower a different way than the others that i have seen?
seems like they arent casting any kind of concrete just slotting together a kind of jigsaw to make up the floors.

can anyone shed any light onto this method? if it is quicker or cheaper?

They will be casting concrete just like the others. What you are seeing is the formwork system used to cast the floors. It goes together like a jigsaw supported on adjustable props. When the concrete is cast the panels and beams can be removed while the props remain in place until the concrete is strong enough to support the load.

Means less components are needed as they can be quickly reused in this system. Other systems need enough components for 3 or 4 floors at a time.

Imre, any update on TGR please?

Allow me, Imre is busy moving flats :)

http://img160.imageshack.us/img160/5122/imgp0970fx6.jpg (http://imageshack.us)

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Many thanks TRUE BLUE, considering a Price of 2000k per sq ft in the lower end of the marina , what do you think the Price of sq ft is at the moment at TGR?

Was offered 2 x 03units around the 25th floor for 2.5M but didn't fancy the JBR view.

If that price was for a 2 bed 6b grab it.

Hi Guys, sorry haven,t been posting for a while cos been told off by my bloke.I want to ask the experts , has the price of the TGR gone up since I bought? i see a lot of talk on this forum about DP mad prices,do these new launches affect the prcie of under construction close by properties?

I think that launches above the marina average are pushing up the ceiling on prices all over the marina.

Do you like DP?

Hi TB, as you see been busy changing my profile and signature after been told off by the moderators. DP, yes I like the donut view from my balcony.

TB just my take on it for what it's worth - but I think it all appears too squeezed in. I wouldn't want to feel that close to the bloke next door!

My very conservative estimate for TGR

2000 AED/ sq ft now

2500 AED/ sq ft end of year

3000 AED/sq ft on completion

Good to have you back Greekgirl, I have a mental picture of the donut view from your balcony also, will be superb!

I agree also Yousuf27.

any studios left in TGR?

My very conservative estimate for TGR

2000 AED/ sq ft now

2500 AED/ sq ft end of year

3000 AED/sq ft on completion

Are you being too optimistic here?

No, in fact these figures are underestimated, I,ll tell you why:

1) Look at the market around you and watch prices of new launches which range from 2k to 5k.

2) There is a very strong demand for properties due for completion before 2010 and there are not many quality developments due for completion before then.

3) TGR is one of the best developments in the marina and its superb location next to all the 5* hotels make it a very attractive place to rent or live in.How many developments have a tennis court and sky gem? remember developers can,t do this now, land is too expensive.

4) If you allow for other factors such as rising material cost, labour, inflation, and also the land cost which is the most important factor, although bricks and mortar value goes up by 20 -30% a year ,the cost of land doubled in the last 2 year, remember the power is in the land.

5) Do you know how much your neighbour the Royal Meridian rent out their rooms for? astonishing £300 to £600 a night depending on the season and you can,t always get them, so if you let yours go for £150 a night for at least 35 weeks per year and you can enjoy it for the rest of the year, that is an annual income of £37,000 you will be laughing.Thats what I want to do anyway.

REMEMBER THE POWER IS IN THE LAND.

yeah u right prices are surging everywhere in Dubai, i am lucky we bought in the right time.

i think someone is taking the piss here, there is an advert today in gulf news, 2 bed in the tgr for 5.6 million!!!

^^ that is definitely inflated...

^^ that is definitely inflated...

This apartment is mine, my phone hasn't stopped ringing, i am selling it and buying 5 palm view apartments in Botanica.

i think someone is taking the piss here, there is an advert today in gulf news, 2 bed in the tgr for 5.6 million!!!

u mean 2bed penthouse for 5.6million:jk:

This apartment is mine, my phone hasn't stopped ringing, i am selling it and buying 5 palm view apartments in Botanica.

stop taking the piss please.

I am not taking the piss,my heart was broken when I sold my TGR, however I bought somewhere else equally as good. Incidentally I DO NOT WORK FOR SP.

now you going to tell us that you also own the penthouse in the gulf news today asking price is 22 millions!

any update on TGR please Imre?

I am busy but I will take tomorrow.

They are achieving 1 floor a week here.

Thanks Imre and True Blue.

07/March/2008

Trident Grand Residence

facade testing

http://img292.imageshack.us/img292/9672/imresolt163yu6.jpg (http://imageshack.us)

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thanks Imre.

5th April 2008:

http://i25.tinypic.com/xql4pw.jpg

What is happening at TGR? Does anyone know of the rate of progress, or have any current pictures? Thanks

Check my thread :D

Looking good.

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%2022%20Drive%20and%20shoot/Photo097.jpg

TGR as of last week

http://i26.tinypic.com/28gqmok.jpg

http://i27.tinypic.com/t9abo0.jpg

hello, any thoughts on the dewa plant below and how noisy it is going to be for apartments on that side around the 30th floor? do you think it will be hard to resell flats on that side?

^^ Isn't that at the other side of the marina?

Yeap it is:)

I think you talking about a different DEWA plant. below the back of TGR there is a DEWA plant/ sub-station...I heard rumours that some people in JBR at the TGR side have been complaining about the drone...

Just heard that TGR will be finished in the last quarter of 2009!!

Does anyone know what kind of finishing will be in apartments? What kind of flooring, bathrooom and kitchen units, etc..

I think you talking about a different DEWA plant. below the back of TGR there is a DEWA plant/ sub-station...I heard rumours that some people in JBR at the TGR side have been complaining about the drone...

I think the drone is temporary generators parked next door to the sub station.:)

I am planning to buy a 2 BR ap at TGR with sea view but face problems with the mortage as ADCB valuated the 1620sqf ap only at 2.9 Mio AED but seller wants 3.8 Mio. I still believe that 2345 AED per sqf for this app worth it as value will grow. Does anybody can help as I need to prove to bank that app have been sold at similar price to revaluate.

Thanks

I am planning to buy a 2 BR ap at TGR with sea view but face problems with the mortage as ADCB valuated the 1620sqf ap only at 2.9 Mio AED but seller wants 3.8 Mio. I still believe that 2345 AED per sqf for this app worth it as value will grow. Does anybody can help as I need to prove to bank that app have been sold at similar price to revaluate.

Thanks

I think the Bank is spot on if not a bit on the high side. @ AED 1800/sqft at this stage is generous, it will of course appreciate a lot more once completed but there is no way that it is worth AED 2350/sqft today as it stands……~Absolute madness.:ohno:

I have to agree with Mackie although it hurts :)

TGR is not advanced enough to warrant the asking price so ask the seller to see reason and stop flying kites. It is this kind of situation that has resulted in the credit crunch both in UK and USA.

I am planning to buy a 2 BR ap at TGR with sea view but face problems with the mortage as ADCB valuated the 1620sqf ap only at 2.9 Mio AED but seller wants 3.8 Mio. I still believe that 2345 AED per sqf for this app worth it as value will grow. Does anybody can help as I need to prove to bank that app have been sold at similar price to revaluate.

Thanks

Looking at the new launch prices and considering the fact that TGR is one of the best towers in the marina and expected to be completed next year, i think a price of around 2000 AED/SQFT is reasonable. all the best

You have to be cautious about the hype, I don't know a tower yet that has lived up to the glossy brochure. TGR has an OK location but it is not waterfront like the Dubai promenade towers that everyone likes to draw comparison with. It's views could also be threatened as there is loads of scope for over development around this tower.

Trident have only delivered one tower so far named the Waterfront. We all now know that it is more motorway intersection front than waterfront so there is a danger that this development may end up Grand in name only. Time will tell.

TGR boasts pre installed plasma cinema system which at launch was a plus but plasmas cost buttons now so no real value added. They also will have home automation, so does my Jewels apartment and I regret to say that it does not seem to add a premium to the value of the apartment right now.

To sum up, if it was waterfront location then 2000aed would be top at the moment. When buying property use your head and not your heart:)

I am planning to buy a 2 BR ap at TGR with sea view but face problems with the mortage as ADCB valuated the 1620sqf ap only at 2.9 Mio AED but seller wants 3.8 Mio. I still believe that 2345 AED per sqf for this app worth it as value will grow. Does anybody can help as I need to prove to bank that app have been sold at similar price to revaluate.

Thanks

I cannot agree with what others are saying. If you look at that awful JBR and the prices they are asking with finishing more of a third world country I'm sure that TGR will not mess their reputation saving on that. The building makes the difference. The asking price seems just a little too high (which floor and view?) and the bank makes it's calculations based on your income and on the average income the apartment would give if rented out. So go with your head, but use your feelings also, something which seems to lack in Dubai ($$$$).

I cannot agree with what others are saying. If you look at that awful JBR and the prices they are asking with finishing more of a third world country I'm sure that TGR will not mess their reputation saving on that. The building makes the difference. The asking price seems just a little too high (which floor and view?) and the bank makes it's calculations based on your income and on the average income the apartment would give if rented out. So go with your head, but use your feelings also, something which seems to lack in Dubai ($$$$).

Scary prices compared to a few years ago - they have quadrupled !!

If I can afford it,i would grap anything in the TGR for around 2000 AED/sq ft,when the tower is complete next year you will be looking to sell at a minimum of 3000AED/sq ft.

Doubt this will complete within 2009 and also, despite the fact I am sure this tower will turn out as one of the nicest in Dubai Marina, it won't reach 3000/sqft

Posting on behalf of a mate with an apartment in TGR.
Photo's taken august 3rd during visit to Dubai.

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hopefulbuyer, 3,8 Mio is ridiculous for a 2 bed since the tower is not even completed. And do not think that the tower will exactly turn out as in your brochure! The banks are very conservative here but sometimes it is highly recommended to listen to them in order to switch on your brain and to switch off your heart... For that amount you can buy a 3 bed app. in Promenade which is ready to move in or to rent out...and EMAAR is still the best developer among the bad here...

29/Aug/2008

Skyview, Royal Oceanic and TGR

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Repost of TGR by Charlie Big potatoes.
http://i37.tinypic.com/25q4392.jpg

At 30th Sept, Marina viewing apartments.

http://img254.imageshack.us/img254/3671/dsc00479nz8.jpg (http://imageshack.us)

Hi all, I was reading through this thread and saw that someone is looking for a TGR 2 bed type 6b. I have the best 6b in the building!!! 39th floor...(The highest floor possible underneath the penthouse). Let me know if you are still interested...

Any latest progress reports on TGR? Or photos?
What is a realistic completion date for this project?
Will there be a show apartment to see before completion?
Any info welcome!

http://i359.photobucket.com/albums/oo34/melkor_gds/IMG_0673.jpg?t=1225101569

only 4 floors remaining ...only by one crane what a great job .

Hi everyone

I hope its ok I post this here. I have lost my apartment in Trident Grand Residence. The reason is that I didnt pay my installment but I was told NOT to pay untill further notice (which they never gave me) as I had paid too much once and because of delay. They have sold the apartment and have even told me they would deduct 30% in fee.
Since they didnt inform me about continuation of payment do I have a chance of getting my money back?

Thanks in advance

^^ Looks like sharp practice.

I would get some legal advice as you have a contract with them. Did they properly terminate the contract with you, have they proof that they served proper notices on you, that is what a lawyer will need to investigate.

Hi everyone

I hope its ok I post this here. I have lost my apartment in Trident Grand Residence. The reason is that I didnt pay my installment but I was told NOT to pay untill further notice (which they never gave me) as I had paid too much once and because of delay. They have sold the apartment and have even told me they would deduct 30% in fee.
Since they didnt inform me about continuation of payment do I have a chance of getting my money back?

Thanks in advance

Have you contacted RERA?

From the little you have told us, I would say that developer has not followed Law 13 specifically

Article (11)

1. In the event that the purchaser defaults on any term of the contract he made with the developer for the sale of the Real Estate Unit, the developer should notify the Department accordingly and the Department will then give the purchaser 30 days notice to fulfill his contractual obligations, by hand, registered post or email.
2. If at the end of the period referred to in item 1 of this Article the purchaser has not fulfilled his contractual obligations, the developer may cancel the contract and repay the purchaser his money less a deduction that does not exceed 30% of the monies paid by the purchaser.

In your case timings are very important. You need to get proper legal representation if you want to keep your property and ensure you have funds ready to transfer to developer.

Good luck and keep us posted.

Hi everyone

I hope its ok I post this here. I have lost my apartment in Trident Grand Residence. The reason is that I didnt pay my installment but I was told NOT to pay untill further notice (which they never gave me) as I had paid too much once and because of delay. They have sold the apartment and have even told me they would deduct 30% in fee.
Since they didnt inform me about continuation of payment do I have a chance of getting my money back?

Thanks in advance

So! What you are saying is you were not aware this was happening?
How can they just sell your apartment without any demand for payments?

From my previous dealing with the Trident when i bought and sold my unit in the TGR, i found them honest and professional, i would advice u to speak to Pooja, she is a very nice lady who hold a senior position there and i am sure she will help u.

So! What you are saying is you were not aware this was happening?
How can they just sell your apartment without any demand for payments?

The problem with a lot of developers is that they say that they have sent you the information even if you have not received it. If you are living abroad sometimes you never get these letters they say they sent.:ohno:

A bit unfair for them to say they sold the apartment without giving you notice. I would take the matter up with them and also hire a lawyer and take the matter up with the newspapers .Sometimes you have to make a bit of noise for you to be heard.

With my purchase here I found Trident nothing but a pleasure to deal with. I am sure there is an explanation, get legal with it stright away.

02/December/2008

Trident Grand Residence

http://img139.imageshack.us/img139/911/imresolt035sp3.jpg (http://imageshack.us)

http://img386.imageshack.us/img386/2421/imresolt036av3.jpg (http://imageshack.us)

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http://img142.imageshack.us/img142/7140/imresolt040ac9.jpg (http://imageshack.us)

Thanks Imre for the excellent photos.
So, with the building at this stage of construction what would be a likely completion date? I have been told recently that it will be done the 3rd quarter of 2009. Is that realistic?

not realistic, earliest is 2010 but 2011 also possible.

not realistic, earliest is 2010 but 2011 also possible.Youre the man IMRE -- So good to have you back - hope you are staying now

Dec 8th

http://i35.tinypic.com/2py6add.jpg

http://i35.tinypic.com/aywq9x.jpg

not realistic, earliest is 2010 but 2011 also possible.

The contract states delivery by June 2008 then the seller can extend the delivery by up to 6 months. If buy then the building is not ready for handover then both parties must agree in writing. I have heard nothing from trident, has anyone else? TGR wont be ready for handover for the best part of 2 years!!! COMPENSATION?:bash:

My contract is different to that. It states December '08 completion date, with the seller able to extend for 12 months after that!

My efforts of picture taken around the same time as AltinD's. The thing that grabbed my attention was the massive podium.

http://img100.imageshack.us/img100/1333/p1010044pi0.jpg (http://imageshack.us)

20/December/2008


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Topped Out !

Great info bizzy !! Any picture?

If any one has a 2 bed for sale please send me a PM.

04/January/2009

TGR

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imre thank you for your images i think they are great

08/January/2009

TGR

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Just come back from Dubai with some photos of TGR. Sorry, how do I attach photos to a post? Thanks.

first of all you should upload the www.imageshack.us or www.tinypic.com or other websites and after just copy the right link ( Hotlink for forums ) here

Sorry Imre, not getting it. I have uploaded the images to www.tinypic.com, then I need to put in an email address. What is the (Hotlink for forums) here that you say? Sorry to be stupid, first time Ive done this!!

browse and after upload

after just copy this line here:

Links to Share

IMG Code for Forums & Message Boards

something like this:

.....http://i43.tinypic.com...........

no need email address there

http://i42.tinypic.com/c3k9t.jpg

http://i42.tinypic.com/2evzzvm.jpg
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http://i42.tinypic.com/2dl58g8.jpj

These ones were taken from the 10th floor of the Royal Meridien. Pretty good view over the top of podium.
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fantastic views of Blakely tower.......thank you Andyam:banana:

you might want to also post these pics on the park island thread.
much appreciated.

Got a sneek preview of the type 5 and 6 apartments in TGR last week. amaizing views from 35th floor type 6 unit. How can I post pics?

www.tinypic.com
Click Browse
Goto the file in mypictures or where the image is stored
Click open
Click Upload Image
Wait for 5-20seconds
post here the [img]...[ /img]
Post the reply

http://i42.tinypic.com/3515p4n.jpg[/IMG]

^^That didnt come out right? If I post the img here then i just get a link. How can I post it to show the photos?

^^ You need to put before the url as well.

Here is your picture:

[IMG]http://i42.tinypic.com/3515p4n.jpg

^^^ i guess a lot of the views could be blocked if Dubai Promenade has all the towers built!

http://i42.tinypic.com/2qv85lh.jpg

Marble bathrooms..
http://i39.tinypic.com/1zd9pno.jpg

http://i44.tinypic.com/qo7qtj.jpg

^^Type 6 on 3rd floor, nice marble floors, marble baths and very high ceilings....

EXTRA HIGH CEILINGS FOR THE 39th FLOOR!


http://i43.tinypic.com/30uagz7.jpg



This will be a great looking building....


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KITCHEN


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WALK IN WARDROBE


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the same of traditional trident finish !

4 meter high ceilings, wow the nuts.

Trident signature - job lot on the border tiles, but nice

Anyone know what price high floor 2 beds are going for? type 5 or 6 with sea views?

Anyone know what price high floor 2 beds are going for? type 5 or 6 with sea views?

In August TGR was changing hands at 1900-2000/sqft, but now i think the going price is 1000/sqft, but i could be wrong.

In August TGR was changing hands at 1900-2000/sqft, but now i think the going price is 1000/sqft, but i could be wrong.
Think you could definitely wrong yes --here is Gulf news list - although take with pinch of salt

http://www.gnads4u.com/search.html?t=properties&keywords=TRIDENT+GRAND+RESIDENCE+

However please PM with details of those on offer for 1000 aesd psf i can do something with those sea views

Think you could definitely wrong yes --here is Gulf news list - although take with pinch of salt

http://www.gnads4u.com/search.html?t=properties&keywords=TRIDENT+GRAND+RESIDENCE+

However please PM with details of those on offer for 1000 aesd psf i can do something with those sea views

All these prices you see are asking prices, there is nothing whatsoever sold within the last 4 weeks for over a 1000AED.

In August TGR was changing hands at 1900-2000/sqft, but now i think the going price is 1000/sqft, but i could be wrong.

What are you baseing these prices on........... You hit the nail on the head saying you "think" and "could be wrong" try to get it right before you make these statements as quote like these are very off putting for the investors here.

What are you baseing these prices on........... You hit the nail on the head saying you "think" and "could be wrong" try to get it right before you make these statements as quote like these are very off putting for the investors here.

CBG These people wind me up actually and surprise surprise I haven't had PM with apartmnmets for 1000 aed psf in TRIDENT yet or anywher for that matter ??

I realise Gulf news prices are taken with "pinch of salt" I also realise prices aren't quite as bad as some would lead us to believe - This tower is great BTW and was has come long way in 18mths well done TRIDENT

What are you baseing these prices on........... You hit the nail on the head saying you "think" and "could be wrong" try to get it right before you make these statements as quote like these are very off putting for the investors here.

1900AED in August because thats what i sold for, 1000 AED now because i asked several agents for a quick sale valuation for my other apartments and was told nothing will sell for over 1000 AED. Anyone can of course ask for what he wants 2k, 3k /sqft,but the bitter reality is that it will not sell for now i am afraid.

How about we have a JV Mackie. Great idea, split all maintenance and costs. You 6 months me 6 months best way forward and move on in a few years for a bit of profit?

08/February/2009

TGR

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In August TGR was changing hands at 1900-2000/sqft, but now i think the going price is 1000/sqft, but i could be wrong. Thats less than O.P!!!! I just sold a 2 bed for 2.8 with sea views. Just wanted to check to see if i sold it too cheap!

In August TGR was changing hands at 1900-2000/sqft, but now i think the going price is 1000/sqft, but i could be wrong. I had a call today from a rep at oryx trying to convince me to take 1000 psf for a very high floor 2 bed with full sea views.....muppet:ohno: The weak so called sales reps are making a bad situation worse....:bash:

Thats less than O.P!!!! I just sold a 2 bed for 2.8 with sea views. Just wanted to check to see if i sold it too cheap!
You,ve done well Paul,i had a call from an agent today, there is a 3 bed available fro sale at 1400AED/sq ft and this is negotiable fro cash buyers.

All these prices you see are asking prices, there is nothing whatsoever sold within the last 4 weeks for over a 1000AED.

Dubaifirst are you looking to buy or sell...... I’m little confused.

Are you an agent trying to talk prices down or a buyer.....still doing the same?

Dubaifirst are you looking to buy or sell...... I’m little confused.

Are you an agent trying to talk prices down or a buyer.....still doing the same?

Neither at the moment, Jeetha look at alineah website for the latest asking prices for TGR, the lowest is 1400AED.

You,ve done well Paul,i had a call from an agent today, there is a 3 bed available fro sale at 1400AED/sq ft and this is negotiable fro cash buyers.

2.8m isnt that much for a very high floor 2 bed with amaizing sea and palm views! I bet the 3 bed at 1400AED/sq ft is round the back on a low floor with poor views....

2.8m isnt that much for a very high floor 2 bed with amaizing sea and palm views! I bet the 3 bed at 1400AED/sq ft is round the back on a low floor with poor views....

A LOT OF POTENTIAL BUYERS ARE PUT OFF BY FINISHING AT BAYSIDE AND DO NOT BELIEVE TGR WILL BE ANY BETTER... TRIDENT LOST A LOT OF CREDIBILITY AS A RESULT.. SOME BELIEVE PRICES WILL GO DOWN FURTHER.

A LOT OF POTENTIAL BUYERS ARE PUT OFF BY FINISHING AT BAYSIDE AND DO NOT BELIEVE TGR WILL BE ANY BETTER... TRIDENT LOST A LOT OF CREDIBILITY AS A RESULT.. SOME BELIEVE PRICES WILL GO DOWN FURTHER.

^^ Bayside was sold at 700AED sq/ft! It cost more to build Bayside than Trident originaly sold it for. Trident also lost money building Marinascape as all the building costs went up and that was only sold at 800-850AED sq/ft. Impossible to build it for that! TGR was sold at 1200+ sq/ft and now the building costs have come down there should'nt be a lack of money for the finnishing. The payment structure for Bayside and Marinascape was 40% during constuction with 60% on handover. How could they even complete it with that payment structure and especially with a 2 1/2 year delay with no money coming in? TGR was sold with 70% during contruction and just 30% on handover....SO NO PROBLEMO :cheers:

^^ Bayside was sold at 700AED sq/ft! It cost more to build Bayside than Trident originaly sold it for. Trident also lost money building Marinascape as all the building costs went up and that was only sold at 800-850AED sq/ft. Impossible to build it for that! TGR was sold at 1200+ sq/ft and now the building costs have come down there should'nt be a lack of money for the finnishing. The payment structure for Bayside and Marinascape was 40% during constuction with 60% on handover. How could they even complete it with that payment structure and especially with a 2 1/2 year delay with no money coming in? TGR was sold with 70% during contruction and just 30% on handover....SO NO PROBLEMO :cheers:

Everything you said is right Paul, except that the bottom line is that Trident International DID NOT deliver to buyers what they have promissed them in the brochures, websites, contracts.,... TGR still has almost a year to go and things are going to be getting worse, not better... I also believe that Trident has lost a tons of money on other projects abroad....They have to cut the corners somwhere... I hope it is not going to be TGR or Pentominium projects.. Cheers..

Trident Grand Residence

2 bargains in gulf news

2 bedroom + maids room - 2.1m (1945 sq ft / AED 1079 psf)
1 bedroom - 1.9m

Trident Grand Residence

2 bargains in gulf news

2 bedroom + maids room - 2.1m (1945 sq ft / AED 1079 psf)
1 bedroom - 1.9m

So 1000 AED/SQFT for a top marina development, some people still live in denial and don,t want to accept that this is now a top price.

Which agent? I am in Dubai on tuesday and would like to book a viewing now. I will keep you posted on my progress, but doubt it exists.

So 1000 AED/SQFT for a top marina development, some people still live in denial and don,t want to accept that this is now a top price.

Agent's name?

just wondering why you used the 2 bed as the standard and not the 1 bed! the one bed would be over 1700 aed psf! besides, it has always been the case that bigger apartments are sold cheaper when you calculate the price psf. this is all assuming that these apartments do actually exist and not a bait and switch ad.


So 1000 AED/SQFT for a top marina development, some people still live in denial and don,t want to accept that this is now a top price.

So 1000 AED/SQFT for a top marina development, some people still live in denial and don,t want to accept that this is now a top price.

dont forget this is still off plan, and the market is dead.

I think most of people will be happy when they get back the original price only.

Why should be this better quality than the Bayside or Marinascape?Contractor (CSHK) even worst than the LT :)

Trident Grand Residence

2 bargains in gulf news

2 bedroom + maids room - 2.1m (1945 sq ft / AED 1079 psf)
1 bedroom - 1.9m

^^ Erm, There is no 2 bed with 1945sq/ft. The biggest 2 bed is type 6 at 1729sq/ft. so the figures are wrong and the apt does not exist.

dont forget this is still off plan, and the market is dead.

I think most of people will be happy when they get back the original price only.

Why should be this better quality than the Bayside or Marinascape?Contractor (CSHK) even worst than the LT :)

Property is only worth as much as people are prepared to pay for! At the moment for off plan the figure is no more than 1000d per sq/ft.... Three months from now it could only be worse, not better... Dubai market has not reached bottom yet. It will take years, not months to recover...

Property is only worth as much as people are prepared to pay for! At the moment for off plan the figure is no more than 1000d per sq/ft.... Three months from now it could only be worse, not better... Dubai market has not reached bottom yet. It will take years, not months to recover...

But it is not as I have just sold a 2bed at TGR at 1619 AED sq/ft.

How do you know that it will be worse in 3 months time? I wont sell any more TGR units I have at less that 1600 aed sq/ft as it is more financially viable for me to complete and rent out bringing me a return of almost 10% on my investment. When all the distressed sellers that have to sell have sold ,then the market should start to recover as there will be less people prepared to sell out cheap. This is a normal cycle in the property market, it just seems worse now as its happening to us, the last time it happend I was at school.
My parents bought out properties from distressed sellers during the 80,s downturn, rented them out then sold them all for a fortune once the market recovered and retired early.:cheers:

Dubaifirst you have had several opportunities to come up with something SOUND but failed to. Your comments re denial are rubbish. Do you actually own anything or just dreaming?

^^ Erm, There is no 2 bed with 1945sq/ft. The biggest 2 bed is type 6 at 1729sq/ft. so the figures are wrong and the apt does not exist.

Aplogies, that was the Trident Waterfront.

Cheapest at the moment for TGR is 2.4m (2 bed 1791 sq ft / 1340 psf)
http://www.gnads4u.com/doc.html?_a=view&id=5047788

Dubaifirst you have had several opportunities to come up with something SOUND but failed to. Your comments re denial are rubbish. Do you actually own anything or just dreaming?

My comments about denial are true and well founded, property prices go through cycles and each cycle is divided into phases, as far as it concerns Dubai, these are the phases;

1) Steady Growth from 2004- 2006 average Marina price / sq ft 600-1000 aed

2) Euphoria 2006-2008 up to 2000 aed

3) Denial 2008-2009 price collapse to 1000 aed but people like you will still live in the euphoria stage and believe that their properties are worth 2000 aed/sq ft.

4) Depression from 2009 price collapse to below 1000 aed.

I sold and bought in Dubai like any other investor and i now accept the bitter reality that prices are crashing fast.

But it is not as I have just sold a 2bed at TGR at 1619 AED sq/ft.

How do you know that it will be worse in 3 months time? I wont sell any more TGR units I have at less that 1600 aed sq/ft as it is more financially viable for me to complete and rent out bringing me a return of almost 10% on my investment. When all the distressed sellers that have to sell have sold ,then the market should start to recover as there will be less people prepared to sell out cheap. This is a normal cycle in the property market, it just seems worse now as its happening to us, the last time it happened I was at school.
My parents bought out properties from distressed sellers during the 80,s downturn, rented them out then sold them all for a fortune once the market recovered and retired early.:cheers:

How do I know it will get worse? Well the apartment you sold for 1600 AED sq/ft was selling for 2500-3000 AED sq/ft only last July...The trend is obvious.. Surely no-one is seriously thinking that the market is now on the way up... Prices are not just driven by distressed sellers but the entire world is in crises never experienced before. People are not moving to Dubai as much as they were only few months ago... Demand for rentals will also reflect the reality.. If you can hold to on to the properties, good luck but be prepared to see some worse things to come..

How do I know it will get worse? Well the apartment you sold for 1600 AED sq/ft was selling for 2500-3000 AED sq/ft only last July...The trend is obvious.. Surely no-one is seriously thinking that the market is now on the way up... Prices are not just driven by distressed sellers but the entire world is in crises never experienced before. People are not moving to Dubai as much as they were only few months ago... Demand for rentals will also reflect the reality.. If you can hold to on to the properties, good luck but be prepared to see some worse things to come..

The apt I sold at 1600aed sq/ft was never up to 2500/3000 aed sq/ft. That equates to 4.3m to 5.2m for a 2 bed. How do I know this? I had my very high floor 2 beds with full sea and palm views on the market at 3.8 all through 2008 and was never offered more than 3.4m. Even then the sale didnt go through as they were unable to get enough finance as the bank valued it at much less than 3.4m even in the "euphoric" times. I also had a lot of friends own at TGR and they didnt sell at anything like 2500-3000 sq/ft. Where do you get your figures from?

The apt I sold at 1600aed sq/ft was never up to 2500/3000 aed sq/ft. That equates to 4.3m to 5.2m for a 2 bed. How do I know this? I had my very high floor 2 beds with full sea and palm views on the market at 3.8 all through 2008 and was never offered more than 3.4m. Even then the sale didnt go through as they were unable to get enough finance as the bank valued it at much less than 3.4m even in the "euphoric" times. I also had a lot of friends own at TGR and they didnt sell at anything like 2500-3000 sq/ft. Where do you get your figures from?

Paul, I have actually sold my apartment 5B on upper/high floor back in June last year for just above 2500 aed sq/ft.. but that was then.. Some of my friends thought I sold it too cheap..I know that few were advertised for more money but of course I have no way of knowing whether they actually sold.. If you remember new projects were coming onto the market like Pearl, etc.. at 4000++ AED per sq/ft... Market was going nuts and bound to collapse... It is all about exit strategy.. I have just sold my last Dubai property and will wait and start buying again when time is right.. Of course I didn't get what I wanted for it but I still believe it is better than sitting on a toxic investment and hope that somehow things will get better soon..

If you sold a type 5b for over 2500 sq/ft then that was the highest price paid and you were very fortunate. I dont know anyone who paid that for a resale anywhere in the marina. New launches were always more per sq/ft as they offered an easier payment plan (rather than a big cash investment needed to buy a resale). With the location of TGR it has no negative points. Dubai still offers luxury tax free living with a great climate, and people still need somewhere to live and what better location than this......

If you sold a type 5b for over 2500 sq/ft then that was the highest price paid and you were very fortunate. I dont know anyone who paid that for a resale anywhere in the marina. New launches were always more per sq/ft as they offered an easier payment plan (rather than a big cash investment needed to buy a resale). With the location of TGR it has no negative points. Dubai still offers luxury tax free living with a great climate, and people still need somewhere to live and what better location than this......

Time will tell....We shall see ..

Have you seen this? is this really happening?

http://business.timesonline.co.uk/tol/business/markets/the_gulf/article5663618.ece

Have you seen this? is this really happening?

http://business.timesonline.co.uk/tol/business/markets/the_gulf/article5663618.ece

There is and always has been irresponsible people who live life to the max on borrowed money, these people have no choice than to run back to their own country and get on benefits. I know of people in Dubai who bought 3 cars on credit, had a boat on credit yet shared a flat with 3 or 4 other people to make the rent cheap! If they earned a pound they would spend 5.

Have you seen this? is this really happening?

http://business.timesonline.co.uk/tol/business/markets/the_gulf/article5663618.ece
Typical British press - cant wait to stick the knife in - I and many others are in for the long run and in two years time all will be forgotten

One more article in Times... http://business.timesonline.co.uk/tol/business/markets/the_gulf/article5663602.ece

Note comments on the bottom of the article
quote: "Landmark Advisory, a local real estate company, expects house prices at least to halve this year and rents to fall by a fifth. For Abu Dhabi, there is always the oil and gas but for its wayward sibling the future is no more solid than the shifting sands of the surrounding desert."

17/February/2009

Trident Grand Residence

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http://img13.imageshack.us/img13/4841/imresolt221wi5.jpg (http://imageshack.us)

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When I look at the base of this building, it's just like a bomb exploded or something :-S

No, its another delivery by Grahams the 'local' Builders Merchants...lol

Does anyone know what the service charges are going to be at the TGR?

nice looking so far! Whats with all the trash at the bottom. Did I miss something?

Hi can you tell me what would be a good price for a 3 bed in the TGR. I am a cash buyer but do not want to get stitched-up, especially in this market. If anyone wants a quick sell then email me uksocceracademy hotmail.com
cheers

Hi,

I'm looking to cash buy a 2BR here. Please mail be for a quick response

Thanks
Bart

Lots of demand around here. Price must have bottomed out already.

Lots of demand around here. Price must have bottomed out already.

Lots of demand? yes if you want to sell for 1000 AED/SQ ft

Kenter, current situation is that 1000 AED is not even market price anymore. Offers are generally lower than that (in the 800's). Good if you are buying, Bad if selling. I'm on both ends

Yes, current situation.

Anyone with sense will sit tight and ride the storm because normality will return and to a more mature market....these things come around in peaks and troughs, history shows property values will improve...slowly over the next few years, once the distressed sales are out the way, property prices will find a realistic selling level - which probably isn't a bad thing for the Dubai property market.

Kenter, current situation is that 1000 AED is not even market price anymore. Offers are generally lower than that (in the 800's). Good if you are buying, Bad if selling. I'm on both ends
Surely not for TGR - Great tower - seaviews must be 1500 or more - no Dunbai Promeneade coming up for 10 year -- no way 800 aed psf

I,ve no interest in this tower but can't believe some prices that are being mentioned
- it is not in anyones benifit except Agents who want to earn commission

People here are just trying to bring down the price. No way TGR is less than 1000psf! Still the best tower in the Marina I would say. I think there will be a lot of pent up demand and a lot of cash in peoples pockets waiting to buy. I can see a mini boom happening in Dubai once buyers start to make a move again.

People here are just trying to bring down the price. No way TGR is less than 1000psf! Still the best tower in the Marina I would say. I think there will be a lot of pent up demand and a lot of cash in peoples pockets waiting to buy. I can see a mini boom happening in Dubai once buyers start to make a move again.

Best tower only on glossy brochures and websites... Reality is that the Trident failed to deliver quality on ALL their previous projects. Why would TGR be any different? No one really knows when will property market bounce back.. We are not talking well established, traditional markets of London or New York. Those markets will always come back.. Dubai is a completely different story, it may take 10-15 years to recover, it may never recover. One thing is for sure, a lot of unfinished buildings will become a part of Dubai scenery for many years to come. Love Dubai, I hope I am wrong!

Kenter, current situation is that 1000 AED is not even market price anymore. Offers are generally lower than that (in the 800's). Good if you are buying, Bad if selling. I'm on both ends

Are you selling for 800 AED. I would like to make you an offer!!

Kenter, current situation is that 1000 AED is not even market price anymore. Offers are generally lower than that (in the 800's). Good if you are buying, Bad if selling. I'm on both ends

Can I have a bit of the 800 buying end please......

People here are just trying to bring down the price. No way TGR is less than 1000psf! Still the best tower in the Marina I would say. I think there will be a lot of pent up demand and a lot of cash in peoples pockets waiting to buy. I can see a mini boom happening in Dubai once buyers start to make a move again.

SPOT ON!

Don't get sucked in by the 'doom & gloom merchants' because the market is not that low for quality builds. Wait and see...

I saw and advert in the Gulf news today TGR 2 bed 1726 sqft, asking price
1,898,600AED which is about 1100 AED/SQFT . I think this was the O.P 4 years ago.

Still the best tower in the Marina I would say.

Why? - the location isn't that great, it's not waterfront and if they redevelop the Meridian it could lose a lot of it's sea views (which you only get on the higher floors anyway)

At least if you buy Bayside or Marinascape they cant take your view away without filling in the Marina.

I saw and advert in the Gulf news today TGR 2 bed 1726 sqft, asking price
1,898,600AED which is about 1100 AED/SQFT . I think this was the O.P 4 years ago.
Is it seaviews ? - I suspect not - Dont fancy another view from TGR -
Le Meridien will NOT be redeveloped in next ten years now !

I saw and advert in the Gulf news today TGR 2 bed 1726 sqft, asking price
1,898,600AED which is about 1100 AED/SQFT . I think this was the O.P 4 years ago.
Is it seaviews ? - I suspect not - Dont fancy another view from TGR -
Le Meridien will NOT be redeveloped in next ten years now !

Prices are going to go well below the original prices, so 800-1000 per sq.ft is not unrealistic by the end of the year.

SPOT ON!

Don't get sucked in by the 'doom & gloom merchants' because the market is not that low for quality builds. Wait and see...

Never mind "doom & gloom" merchants, how about experts? Everyone is saying the same thing, even the local newspapers are acknowledging the reality.

http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/business/2009/February/business_February61.xml&section=business

Prices are going to go well below the original prices, so 800-1000 per sq.ft is not unrealistic by the end of the year.

I don't think so for TGR. Also surely it depends on the time of launch :nuts:

I am a cash buyer and I am interested in purchasing 2 bed apartment in TGR. Only interested in 5B or 6B type.
If interested please contact me directly on aaa.portfolio@googlemail.com

thanks

Prices are going to go well below the original prices, so 800-1000 per sq.ft is not unrealistic by the end of the year.

Never mind "doom & gloom" merchants, how about experts? Everyone is saying the same thing, even the local newspapers are acknowledging the reality.

http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/business/2009/February/business_February61.xml&section=business
I am a cash buyer and I am interested in purchasing 2 bed apartment in TGR. Only interested in 5B or 6B type.
If interested please contact me directly on aaa.portfolio@googlemail.com

thanks


^^According to the report, residential prices peaked in October 2008, fell through to December, and continue to fall. “Assuming that the current downturn will affect prices in line with historical average of 35.5 per cent, then Dubai’s average price floor will fall from a peak Dh1,556 to Dh1,000 per square foot.” Since when was the peak only 1,556 sq/ft???:bash:
People on this thread are trying to push down the price of TGR then advertise they want to buy an apartment at TGR, then offer 1000sq/ft::ohno:

I have no intention of buying in TGR so have no vested interest in driving down any prices (except The Springs :) ). Merely stating the bleeding obvious! Prices will continue to fall throughout 2009 with a recovery at least 2 years away.

^^According to the report, residential prices peaked in October 2008, fell through to December, and continue to fall. “Assuming that the current downturn will affect prices in line with historical average of 35.5 per cent, then Dubai’s average price floor will fall from a peak Dh1,556 to Dh1,000 per square foot.” Since when was the peak only 1,556 sq/ft???:bash:
People on this thread are trying to push down the price of TGR then advertise they want to buy an apartment at TGR, then offer 1000sq/ft::ohno:

Paul i have no vested interest either in the TGR as i sold last year and have no intention to buy again in this development. I always said this is one of the best towers in the marina, however the bitter reality that some people don,t want to accept is that 1000 aed is now a top marina price. The problem with the TGR is the large size of the units, 1 bed is 1270 sqft say x1000aed nearly 1.3 million, would you now pay 1.3 million for a one bedand rent it for say 100k or get smaller 2 bed in say marinascape or promenade for same money and rent it for 130k?

Paul i have no vested interest either in the TGR as i sold last year and have no intention to buy again in this development. I always said this is one of the best towers in the marina, however the bitter reality that some people don,t want to accept is that 1000 aed is now a top marina price. The problem with the TGR is the large size of the units, 1 bed is 1270 sqft say x1000aed nearly 1.3 million, would you now pay 1.3 million for a one bedand rent it for say 100k or get smaller 2 bed in say marinascape or promenade for same money and rent it for 130k?

^^
No, But if I wanted to live in a 1 bed then I would rather it be big. You are only looking at buy to let.........

If any one has a 2 bed for sale please send me a PM.

No PM's then? :cheers:

(Posted 01/01/09)

^^According to the report, residential prices peaked in October 2008, fell through to December, and continue to fall. “Assuming that the current downturn will affect prices in line with historical average of 35.5 per cent, then Dubai’s average price floor will fall from a peak Dh1,556 to Dh1,000 per square foot.” Since when was the peak only 1,556 sq/ft???:bash:
People on this thread are trying to push down the price of TGR then advertise they want to buy an apartment at TGR, then offer 1000sq/ft::ohno:

property is only worth what you can sell it for! If you think you get more than 1000 sq ft, good luck to you. I am not interested anyway. Surely we can all agree that the prices will go further down before there is any improvement.. Trident still has to survive and deliver, and who knows what will happen 6-8 months from now....

No PM's then? :cheers:

(Posted 01/01/09)

but today is 01.03.2009.

Anyone got a high floor 1 bed for sale? PM me....

but today is 01.03.2009.


You post that message 2 month ago, on 01/01/09.
Go check. :)

http://www.skyscrapercity.com/showthread.php?t=223215&page=16

It goes to show that you are talking price of TRIDENT down because you want to buy back.

You post that message 2 month ago, on 01/01/09.
Go check. :)

http://www.skyscrapercity.com/showthread.php?t=223215&page=16

It goes to show that you are talking price of TRIDENT down because you want to buy back.

Is the gulfnews asking price of 1100 aed talking the price down as well?

Is the gulfnews asking price of 1100 aed talking the price down as well?
^^ Check to see if this property exists...:ohno:

Paul i have no vested interest either in the TGR as i sold last year and have no intention to buy again in this development. I always said this is one of the best towers in the marina, however the bitter reality that some people don,t want to accept is that 1000 aed is now a top marina price. The problem with the TGR is the large size of the units, 1 bed is 1270 sqft say x1000aed nearly 1.3 million, would you now pay 1.3 million for a one bedand rent it for say 100k or get smaller 2 bed in say marinascape or promenade for same money and rent it for 130k?

If any one has a 2 bed for sale please send me a PM.
^^:wtf: I DID NOT HAVE AN AFFAIR WITH MONICA LEWINSKI
I DID INDEED HAVE AN AFFAIR WITH MONICA LEWINSKI

So can anyone give me a prce on a 3 bed in the tgr high floor? is 3.1m too much??

cheers

So can anyone give me a prce on a 3 bed in the tgr high floor? is 3.1m too much??

cheers

Dubai Marina, Trident Grand Residence – 3 BR

AED 2.3 million

Dubai Marina, Trident Grand Residence – 3 BR + M, 2.5 baths, 2 parking spaces, 05 units of 2 BR on high floors, at AED 2,300,000. Call 050-3504330.

So can anyone give me a prce on a 3 bed in the tgr high floor? is 3.1m too much??

cheers

Here is one more for you, also advertised in Gulf News:

Dubai Marina, Trident Grand Residence – 3 BR

AED 2.6 million

Dubai Marina, Trident Grand Residence – 3 BR + M, 2.5 baths, 2 parking spaces, 02 unit on high floors at AED 2,600,000. Call 050-3504330.


http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/uaebusiness/2009/February/uaebusiness_February164.xml&section=uaebusiness&col=


23 February 2009
Print E-mail
DUBAI - Property prices and rentals in Dubai are likely to continue falling this year on deteriorating demand amid a supply glut, said international property consultant Jones Lang LaSalle.
“We see 2009 as a year of correction in the Dubai real estate market, with prices and rentals expected to decline across most sectors,” Jones Lang LaSalle said in its recent outlook on the Middle East and North Africa (MENA) region property sector.

The turmoil in the global economy will continue to cause volatility and uncertainty in the MENA property sector, but Dubai in particular, whose economy is closely integrated with the global market, faces bigger problems, said Jones Lang Lasalle.

“Dubai is the most global market in MENA and is one of the most global cities worldwide. This has served the city well during a period of strong global economic growth but [ there is now] a greater challenge in a period of synchronised global slowdown.”

It said that while some markets in the region may recover in 2010, “Dubai will be handicapped by significant levels of new supply” and is not expected to sustain growth in rentals and prices until 2011. In the residential market, an additional 190,000 new units will enter the market in 2009 and 2011, if all the announced projects will be completed on schedule. However, Jones Lang LaSalle said that the global financial crisis has severely crimped demand, resulting in short drop in sales as speculators and investors have withdrawn from the market.

Data from the Dubai Lands Department show that the number of sales of residential units in Dubai has declined by almost 40 per cent between October 2008 and January this year.

Dubai Marina, Trident Grand Residence – 3 BR

AED 2.3 million

Dubai Marina, Trident Grand Residence – 3 BR + M, 2.5 baths, 2 parking spaces, 05 units of 2 BR on high floors, at AED 2,300,000. Call 050-3504330.

Here is one more for you, also advertised in Gulf News:

Dubai Marina, Trident Grand Residence – 3 BR

AED 2.6 million

Dubai Marina, Trident Grand Residence – 3 BR + M, 2.5 baths, 2 parking spaces, 02 unit on high floors at AED 2,600,000. Call 050-3504330.

^^
Price also differs from low floor marina view to high floor full sea view units...
good units are 04 3bed, 05 and 06 2 beds

^^
Price also differs from low floor marina view to high floor full sea view units...
good units are 04 3bed, 05 and 06 2 beds

You are right, Paul 4B, 5B and 6B are the best.. Spoke with the agent and they say apartments are on high floors... They also have unit 5B, 2 bed on a high above 30th floor available for sale at AED 2.3 million.....

You are right, Paul 4B, 5B and 6B are the best.. Spoke with the agent and they say apartments are on high floors... They also have unit 5B, 2 bed on a high above 30th floor available for sale at AED 2.3 million.....

The 5B high floor sounds good but offers very limited views from the lounge, great views from the bedroom though....I had 05B units on very high floors but decided to keep the 06B unit as offers great views from every room. Still think that TGR is in the best loction now with all the 5* hotels and JBR walk next door. :banana:

The 5B high floor sounds good but offers very limited views from the lounge, great views from the bedroom though....I had 05B units on very high floors but decided to keep the 06B unit as offers great views from every room. Still think that TGR is in the best loction now with all the 5* hotels and JBR walk next door. :banana:

Paul, what do you think bould be a good price on a 3 bed on a high floor. The one facing the sea/jbr. was tempted to buy last week but each day there is more doom and gloom, especially the palm, so why tgr when you could get something on the beach on the palm. Also, have seen the glossy brochure and dvd, but after reading other comments regarding past trident promises I am worried it will not live upto expectations. Also, how can i get in to have a look from one of the apartments?

cheers

Prices are going down...

2 bedroom apartment is available for sale. It is situated on the 19th floor of Trident Grand Residence in Dubai Marina and has a beautiful lake view. Contact us for more details.
Bayut ID:
391878
Type:
Apartment
Status:
For Sale
Bedrooms:
2
Bathrooms:
1
Area:
1,780 Sq. Ft.
Location:
Trident Grand Residence
Price:
1,602,000 AED

Kenter, some of our friends on this thread still believe that TGR is not affected by the market slowdown, when you tell them that the average price is now around 1000aed and this is going down daily, they accuse you of wanting to bring the price down even when you show them the proof from gufnews advert they still donl,t believe it, it is the denial phase of the property cycle.I predict that the TGR will go down further because of not only the global crash but also the final 30% payment is due on completion which could be soon and some people will find it difficult to pay with the low current exchange rate of nearly 5AEDto the £.

Paul, your turn.:)

Dubai First- I couldn't agree more. There are huge problems in the Marina and the potential for cancellations exist especially when payment terms on delivery are to the extent of 30% and above, especially during the current economic scenario when cash reserves are dwindling.

Prices are bound to go down 'across the Marina' and don't forget hi-end real estate has been the worst hit not just in Dubai but across the world.

Prices are going down...

2 bedroom apartment is available for sale. It is situated on the 19th floor of Trident Grand Residence in Dubai Marina and has a beautiful lake view. Contact us for more details.
Bayut ID:
391878
Type:
Apartment
Status:
For Sale
Bedrooms:
2
Bathrooms:
1
Area:
1,780 Sq. Ft.
Location:
Trident Grand Residence
Price:
1,602,000 AED
Kenter, look at the advert you put here. 2 beds with 1 bath???doesn't exist in TGR. Beautiful lake view???? eh??? You are spreading doom and gloom with properties that dont even exist.:ohno: Anyone with even the slightest basic knowledge would know that a 2 bed with 1 bath doesn't exist but yet you use it to try to demonstrate to us all that the market is dropping. You have no credibility whatsoever.....

Kenter, some of our friends on this thread still believe that TGR is not affected by the market slowdown, when you tell them that the average price is now around 1000aed and this is going down daily, they accuse you of wanting to bring the price down even when you show them the proof from gufnews advert they still donl,t believe it, it is the denial phase of the property cycle.I predict that the TGR will go down further because of not only the global crash but also the final 30% payment is due on completion which could be soon and some people will find it difficult to pay with the low current exchange rate of nearly 5AEDto the £.

Of course TGR is affected by the market slowdown, however i disagree that ALL the units are 1000 aed sq/ft. The properties I have seen for a 1000aed sq/ft are in very poor locations, even on the palm you can buy for 1000 aed sq/ft but would have to suffer living on the Golden mile! who would want to live there? No beach, no facilities.The units on low floors with poor views will always be cheap in comparison with high floor sea view units. With the final payment of 30% being a problem because of the exchange rate, you are assuming that all the owners are from the U.K and dont have dirhams/dollars?
You cannot assume that because of the credit crunch that all the apartments are the same price sq/ft! :ohno:

Paul, what do you think bould be a good price on a 3 bed on a high floor. The one facing the sea/jbr. was tempted to buy last week but each day there is more doom and gloom, especially the palm, so why tgr when you could get something on the beach on the palm. Also, have seen the glossy brochure and dvd, but after reading other comments regarding past trident promises I am worried it will not live upto expectations. Also, how can i get in to have a look from one of the apartments?

cheers,

The 04 unit is the best 3 bed in TGR. As for price, well that depends on how much you want it and how much the seller needs to be out of it! I understand your concern for the quality as the other Trident projects have be unsatisfactory. When Trident sold bayside and marinascape they sold them at around 800aed sq/ft. It was impossible for them to even build it for this pice especially when the building costs were soaring. Trident actually lost money on marinascape so the quality had to suffer. TGR was sold at +1200aed sq/ft and now with building costs going down they should be in a much better position to complete the project to a good standard. I think that when complete TGR will be the most valuable/desirable tower in the marina.

Kenter, look at the advert you put here. 2 beds with 1 bath???doesn't exist in TGR. Beautiful lake view???? eh??? You are spreading doom and gloom with properties that dont even exist.:ohno: Anyone with even the slightest basic knowledge would know that a 2 bed with 1 bath doesn't exist but yet you use it to try to demonstrate to us all that the market is dropping. You have no credibility whatsoever.....

Advert may not be 100% accurate in terms of number of bathrooms, it could be typo error.. but why dont you call the agent yourself? here it is http://www.bayut.com/uae_dubai_apartments/trident_grand_residence_apartment_for_sale-391878.html

,

The 04 unit is the best 3 bed in TGR. As for price, well that depends on how much you want it and how much the seller needs to be out of it! I understand your concern for the quality as the other Trident projects have be unsatisfactory. When Trident sold bayside and marinascape they sold them at around 800aed sq/ft. It was impossible for them to even build it for this pice especially when the building costs were soaring. Trident actually lost money on marinascape so the quality had to suffer. TGR was sold at +1200aed sq/ft and now with building costs going down they should be in a much better position to complete the project to a good standard. I think that when complete TGR will be the most valuable/desirable tower in the marina.

Cheers Paul,

Do you think the 3 bed is better investment than any f the 2 beds?

Also, how can i get in to see the apartment and views? seen pics on here, so guess its possible?

cheers

Kenter, some of our friends on this thread still believe that TGR is not affected by the market slowdown, when you tell them that the average price is now around 1000aed and this is going down daily, they accuse you of wanting to bring the price down even when you show them the proof from gufnews advert they still donl,t believe it, it is the denial phase of the property cycle.I predict that the TGR will go down further because of not only the global crash but also the final 30% payment is due on completion which could be soon and some people will find it difficult to pay with the low current exchange rate of nearly 5AEDto the £.

You are right, Dubaifirst. A very similar to alcoholism, I would say.... people refuse to deal with it until they recognize they have a problem. By then it is usually to late...

Of course TGR is affected by the market slowdown, however i disagree that ALL the units are 1000 aed sq/ft. The properties I have seen for a 1000aed sq/ft are in very poor locations, even on the palm you can buy for 1000 aed sq/ft but would have to suffer living on the Golden mile! who would want to live there? No beach, no facilities.The units on low floors with poor views will always be cheap in comparison with high floor sea view units. With the final payment of 30% being a problem because of the exchange rate, you are assuming that all the owners are from the U.K and dont have dirhams/dollars?
You cannot assume that because of the credit crunch that all the apartments are the same price sq/ft! :ohno:

Paul, on this occasion you are right, Palm is in a real mess but the other parts of Dubai will just follow the same patern, including Marina and TGR... Even reasonably good projects like Tiara residence is gone down well below 50%.. See the latest on Palm:
Quote:
Palm Jumeirah prices drop below AED1,000 per sq ft

on Monday, 02 March 2009

Prices on Nakheel’s flagship Palm Jumeirah development have fallen to below AED1,000 ($272) per square foot for the first time since the fall in prices began late last year.

Several distress sales on the project have seen prices for 2 bedroom apartments, measured at just over 1,500 square feet, drop to AED1.4 million.

Some sellers are offering to off-load similar properties for just AED1.3 million.

The drop is, according to estate agents, being accelerated by the oncoming Golden Mile project, developed by IFA Hotels & Resorts, which is due for handover beginning next month.

There, many luxury two bedroom units at over 1600 square foot are being offered for AED1.5 million.

“The problem on the Golden Mile is that many owners are trying to sell their properties before hand over, and are now prepared to take close to what they paid for them in the first place. This has meant the whole Palm area is seeing prices depressed,” said one estate agent who asked not to be named.

Late last year, estate agents reported selling two bedroom units on the Palm for close to AED4 million – three times the current price.

BORING !!! :rant:

on Monday, 02 March 2009

Prices on Nakheel’s flagship Palm Jumeirah development have fallen to below AED1,000 ($272) per square foot for the first time since the fall in prices began late last year.

Several distress sales on the project have seen prices for 2 bedroom apartments, measured at just over 1,500 square feet, drop to AED1.4 million.

Some sellers are offering to off-load similar properties for just AED1.3 million. Blah Blah Blah.....

The units they are referring to here are the Golden Mile, they are crap and offer nothing. No beach, no facitities, apartments above shops! Who would want to live there? Of course they are going to be cheap and unsaleable. The Tiarra is a luxury beach front hotel and serviced apartments, you cannot tarnish them all with the same brush...:ohno:

My understanding is that the Hotel work on Tiara has stopped and no one knows when or if will be finished... This will have a huge impact on values on Tiara Residence... No rental income, etc...2 bed apartments in the best block was selling for 6 million AED few months ago...now they are going for under 3 million... There may be a differnet numbers from Golden Mile but the trenbd is the same.. going down..

You have made 3 posts, all of them negative. One post on TGR looking to buy, 2 posts here on the tiarra thread saying that prices are dropping and worse is yet to come.
Yet on both of these threads you have made contact with the owners and made ridiculous offers on their properties. This forum is not supposed to be used to drive down prices by installing fear into the property owners then for you to come along and nick the property for a ridiculously low price.


[QUOTE=AAA portfolio;32991240]I am a cash buyer and I am interested in purchasing 2 bed apartment in TGR. Only interested in 5B or 6B type.
If interested please contact me directly on aaa.portfolio@googlemail.com

thanks

^^ Seems like people are trying to drive down prices in order to nick cheap apartments. Maybe Kenter and AAA are one and the same???? All there posts are negative...If its so bad and going to get worse why does AAA want to buy???