Can you give me the person to contact at gulfshores & their email as I do not get any emails from them. I am sure there must be other investors in my position. thanks

Tahiya admin@alminwal.com

Thanks plotman, I've e mailed them. I did get an update of the escrow account but not the photos.

http://img521.imageshack.us/img521/6691/2681168655420e310c4eomx1.jpg
http://img521.imageshack.us/img521/9062/2681173233021c8cdddaohr3.jpg
http://img521.imageshack.us/img521/3474/26819882348716199b86owl1.jpg
http://img521.imageshack.us/img521/5821/268199240461e42b4a69ohv9.jpg

:applause: Thank you so much Imre and Diveksa.

Does anybody know whether or not white goods and the plasma TV are actually included in the apartments? The marketing brochure which i have states so! I have just checked with Tahiya but according to her no such advertisement was made. I assume this is another case of overselling a project? :ohno:

This is a bit of a mystery,oryx realestate are still advertising apartments with all the goodies included but gulf shores dont appear to know anything about it.:ohno:

This is a bit of a mystery,oryx realestate are still advertising apartments with all the goodies included but gulf shores dont appear to know anything about it.:ohno:

Then Oryx will have to pay for it :)
Is Oryx not owned by Gulf Shores?

As far as i know they are seperate companies,oryx were only marketing it.

http://img355.imageshack.us/img355/2879/theatlantic3yb3.th.jpg (http://img355.imageshack.us/my.php?image=theatlantic3yb3.jpg)

http://img355.imageshack.us/img355/2217/theatlantic1jx9.th.jpg (http://img355.imageshack.us/my.php?image=theatlantic1jx9.jpg)
http://img99.imageshack.us/img99/2736/theatlantic2ix1.th.jpg (http://img99.imageshack.us/my.php?image=theatlantic2ix1.jpg)

Fact is, if it is not in the sale and purchase agreement you may be stuffed.

Sales brochure for the Jewels boasts a squash court but was not built and we have no recourse as it is not in the contracts.:bash:

At the end of the day, if enough residents stick together then you can force the issue. One or two people will not sway it.

It looks like Gulf shores will not honour the white goodsotherwise Tahiya would have replied to my email. We have to get together & make sure we get the apartment as we saw when we bought it. We have to unite & fight as one party for all the apartments. Any ideas anybody.

http://img78.imageshack.us/img78/8103/samplefloorplanfortheatgs9.th.jpg (http://img78.imageshack.us/my.php?image=samplefloorplanfortheatgs9.jpg)

http://img78.imageshack.us/img78/6811/p1vg4.th.jpg (http://img78.imageshack.us/my.php?image=p1vg4.jpg)
http://img236.imageshack.us/img236/9297/p2xz2.th.jpg (http://img236.imageshack.us/my.php?image=p2xz2.jpg)
http://img78.imageshack.us/img78/7384/p3gk5.th.jpg (http://img78.imageshack.us/my.php?image=p3gk5.jpg)

http://img355.imageshack.us/img355/2217/theatlantic1jx9.th.jpg (http://img355.imageshack.us/my.php?image=theatlantic1jx9.jpg)
http://img99.imageshack.us/img99/2736/theatlantic2ix1.th.jpg (http://img99.imageshack.us/my.php?image=theatlantic2ix1.jpg)
http://img413.imageshack.us/img413/4598/4atlanticth4.th.jpg (http://img413.imageshack.us/my.php?image=4atlanticth4.jpg)
http://img413.imageshack.us/img413/6431/3atlanticce0.th.jpg (http://img413.imageshack.us/my.php?image=3atlanticce0.jpg)
http://img413.imageshack.us/img413/2362/2atlanticdl3.th.jpg (http://img413.imageshack.us/my.php?image=2atlanticdl3.jpg)
http://img413.imageshack.us/img413/5986/1atlanticle9.th.jpg (http://img413.imageshack.us/my.php?image=1atlanticle9.jpg)
http://img413.imageshack.us/img413/5804/5atlantichc4.th.jpg (http://img413.imageshack.us/my.php?image=5atlantichc4.jpg)

Anyone got any recent pictures, I know that Stephen is on holiday. Imre's ones are great, hopefully he might do some at the weekend.
Great they're working above ground now.

I'm back landed this morning and will be fully active from the first sorry but what a great time back in mother land

HI GS GREAT TO HAVE YOU BACK.Glad you had a good hol,but now to work.Lets see the new photos and hear about how much your boys have done while you have been away.

yep that i'll do updates soon to follow, lets get this tower going up:okay:

yep that i'll do updates soon to follow, lets get this tower going up:okay:

Hello GSPM!

Could you do me a favour and estimate for how long it will take for Bay Central to finish? I know you have nothing to do with Select Property, but if you are fealing generous have a look here:

http://www.skyscrapercity.com/showthread.php?p=23390204#post23390204

BTW the Atlantic is looking great! Hopefully I will be able to admire the building from my BC balcony!:lol:

Hi FWIW,I doubt anybody can give you a guestimate bearing in mind how many variables there are,but I have looked at your time line for BC and you need to insert november 09 party on my Atlantic balcony overlooking BC,you guys are invited,Morris to if he brings his contract for me.

Great to have you back gspm,look forward to some updates.Some posts seem seem to have disappeared from this thread yesterday,how does that happen?

Hi FWIW,I doubt anybody can give you a guestimate bearing in mind how many variables there are,but I have looked at your time line for BC and you need to insert november 09 party on my Atlantic balcony overlooking BC,you guys are invited,Morris to if he brings his contract for me.

At least I have your party to look forward to in 2009!
:banana:

http://img232.imageshack.us/img232/5003/atlanticjuly181is1.jpg
http://img232.imageshack.us/img232/3425/atlanticjuly182gr9.jpg

Come on GSPM,post some pictures on your blog,i know you must be busy after your hols but we do look forward to your updates.

I visited the site today and I think this is a good news for The Atlantic owners
http://img440.imageshack.us/img440/4851/dscn2360dr0.th.jpg (http://img440.imageshack.us/my.php?image=dscn2360dr0.jpg)
http://img376.imageshack.us/img376/9569/dscn2392td5.th.jpg (http://img376.imageshack.us/my.php?image=dscn2392td5.jpg)

http://img166.imageshack.us/img166/2140/dscn2349nu2.jpg

http://img224.imageshack.us/img224/7468/dscn2350hy9.jpg

http://img224.imageshack.us/img224/365/dscn2351rr0.jpg

http://img224.imageshack.us/img224/4879/dscn2352ox3.jpg

http://img224.imageshack.us/img224/9589/dscn2353wm1.jpg

http://img224.imageshack.us/img224/2916/dscn2354ng8.jpg

http://img224.imageshack.us/img224/4425/dscn2355xc1.jpg

http://img119.imageshack.us/img119/2104/dscn2356pk2.jpg

Sorry for the bad quality of the pictures.

Well done Diveksa,but if they are working 24hour,what on earth are they doing,nothing much seems to have changed.Looking at your pic of Marina Mall it seems a 814sq/ft appt there for 3mill plus makes the Atlantic appts look cheap.

Well I take it back,the above post was posted before you posted the last lot of pics,so yes some good steel work sorted.

Well done Diveksa,but if they are working 24hour,what on earth are they doing,nothing much seems to have changed.Looking at your pic of Marina Mall it seems a 814sq/ft appt there for 3mill plus makes the Atlantic appts look cheap.

As you can see from the pictures they just fixed the lights today. I think they are going to start working at night from today.
I think GSPM can give us his feedback about this issue and the project delivery date.

I counted the workers on the site and they are around 35.

Thanks for the pictures, well done.

http://img246.imageshack.us/img246/3456/dscn2363eb6.jpg

http://img246.imageshack.us/img246/9697/dscn2365tx7.jpg

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http://img120.imageshack.us/img120/3668/dscn2373ns1.jpg

Very well done,a great pick me up.Is that a few rain drops on the lens?

Love the curve starting to form between the one beds and the main tower

GSPM Whats the chance of another shot from the 15th floor of Marina Mall

1st August 2008:
http://img386.imageshack.us/img386/709/cimg1450jv6.th.jpg (http://img386.imageshack.us/my.php?image=cimg1450jv6.jpg)

http://img166.imageshack.us/img166/570/cimg1454bm7.th.jpg (http://img166.imageshack.us/my.php?image=cimg1454bm7.jpg)

http://img386.imageshack.us/img386/97/cimg1457qi5.th.jpg (http://img386.imageshack.us/my.php?image=cimg1457qi5.jpg)

http://img501.imageshack.us/img501/3620/cimg1459dq2.th.jpg (http://img501.imageshack.us/my.php?image=cimg1459dq2.jpg)

And yes there were about 5 raindrops on 31st July!!

Well it never rains but it pours,yesterday no photos today loads,thanks Pleth.No one can be in any doubt this is the best location in the Marina.

Believe it or not, I bought a postcard Dubai and it is the first time I have seen one showing the Marina. And the funny thing is that The Atlantic building is on the postcard! It looks like a real photo, but it must of course be a photo trick.
Because of copyrights I don't think I should upload it to this thread, but I will be happy to send it to you, just PM me.

Very well done,a great pick me up.Is that a few rain drops on the lens?

No, it is dust. It was windy and dusty when I took the pictuers.

I visited the Atlantic site after midnight and it seems they are not working 24hours.
I think they are working 2 shifts (no one can work from 12 to 3 during summer) and the second shift needs the lights for one or two hours.

http://img178.imageshack.us/img178/6721/dscn2470mr2.jpg

In order to appreciate the locations of the Atlantic take a look at two pictures which I took on Feb. 2008 (6 months ago).

http://img150.imageshack.us/img150/8941/dscn2133lv3.jpg

http://img237.imageshack.us/img237/4150/dscn2178ki5.jpg
Take a look at the weight tip which indicates the location of the Atlantic.

There is no doubt that the Atlantic has the prime spot on the marina,there are plenty of other towers on the waters edge but nothing sits out as far as the Atlantic.I just dont understand why it was not planned taller than it is,it would surely have made more financial sense.

^^ Plots have height restrictions as per Emaar's Marina masterplan.

Do you know if there was a height restriction in front of the Torch on the masterplan (sorry I know this has nothing to do with the Atlantic).

There is no doubt that the Atlantic has the prime spot on the marina,there are plenty of other towers on the waters edge but nothing sits out as far as the Atlantic.I just dont understand why it was not planned taller than it is,it would surely have made more financial sense.

Small number of unites at the Atlantic means higher PC share of the land for each Atlantic owner. This is another advantage for the Atlantic owners.

Dont get me wrong,i dont think its a bad thing that its only 20 floors,i wonder if the plots were originally priced relating to how high they were allowed to be built.

Dont get me wrong,i dont think its a bad thing that its only 20 floors,i wonder if the plots were originally priced relating to how high they were allowed to be built.

You are right, they price the land based on the total built up area.
The original design of the marina was done by HOK. They design the marina with medium height (average 40 floors as you can see it at first buildings in the marina). Emmar change the heights because of the demands they get from the plot buyers. Also, more built up area means more revenue for Emmar.
I think HOK made the Atlantic small so the buildings behind the Atlantic can enjoy the view of the marina.

I think all the front row buildings should have been smaller so more apartments got better views.

GSPM, any chance of an update and some new photos?

http://img55.imageshack.us/img55/7822/dscn2561cn4.jpg

http://img171.imageshack.us/img171/7071/dscn2616el6.jpg

http://img171.imageshack.us/img171/2194/dscn2611ii1.jpg

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http://img516.imageshack.us/img516/9830/dscn2558ux9.jpg

I noticed this morning at 6:30 AM there was 50+ workers at the site.

Thanks for the photos, it's rising at last.

Thanks for the update diveksa.Are you living in Dubai or on holiday or what?What is the sign on all the fencing panels around the site?

Any news from anybody regarding the status of the white goods.

No, I am not living in Dubai. I am just visiting Dubai for 10 days. The sign on all the fencing panels around the site are:
1. The big blow rectangle is Dubai Marina.
2. The text to the left of the blue rectangle is the construction company name.

Any news from anybody regarding the status of the white goods.

I think everyone must just keep puting pressure on G.S.about this,because for them to deny all knowledge of this seems crazy.No-one is going to tell me that they have never seen any of the marketing from Oryx.

Have a look at the photo of the Atlantic plot by night, no. 3134 http://www.skyscrapercity.com/showthread.php?p=23920172#post23920172
^^

I did some research about this development and it could help The Atlantic owners understand the history of this development:

1. The developer of The Atlantic is Gulf Shores a subsidiary of Al Minwal General Trading Co LLC; a Dubai based and registered company.

2. ORYX Real Estate is a subsidiary of Al Minwal General Trading Co LLC. See this link: http://al-braik.com/

3. MAC Corporation LLC / Oryx Real Estate awarded the exclusive contract to market and sell all of Gulf Shore’s Dubai developments

4. Lately ORYX Real Estate lost its commercial registration because of a conflict between the management of the ORYX Real Estate and Al Minwal General Trading Co

5. ORYX Real Estate issued a new and independent commercial registration and it is not any more a subsidiary of Al Minwal General Trading Co LLC.

Please let me know if anyone thinks this not correct information.

Good work diveksa,that makes it even more unlikely that gulf shores know nothing about how oryx are marketing the Atlantic.

http://img401.imageshack.us/img401/3001/dscn2725nk6.jpg

http://img401.imageshack.us/img401/1271/dscn2733wr9.jpg

I think next year the Atlantic will be at the middle of this picture.

http://img379.imageshack.us/img379/2013/dscn2713pc6.jpg

Yes diveksa, you are correct about Oryx no longer being a part of Al Minwal.

The marketing material about the white goods on our website was an oversight. Since we are no longer directly involved with the developer or the project, we were not updated about the amenities. Oryx now only markets apartments that are on resale like any other real estate agency.

Ray is away on leave and hence hasn't been able to reply back to the earlier queries.

Source: http://209.85.129.104/search?q=cache:KcZRq9MR0fsJ:www.oryxrealestate.com/development.asp%3Fpid%3DE3E65835-8CE9-4A36-87BF-CF1E0966DD84%26t%3DThe%2520Atlantic+oryxrealestate+The+Atlantic+is+a+modern+fantasy&hl=en&ct=clnk&cd=2&gl=uk
The Atlantic
The Atlantic at Dubai Marina

Welcome to your Oryx home on Dubai Marina: the most beautiful marina location in the world. At The Atlantic, we pride ourselves on bringing you urban-chic design set in huge open spaces. Every element of your apartment has been created to enhance the amazing views that surround you. Let us create a stunning visual backdrop to your new life.
The Atlantic is a modern fantasy. An 18-storey glass, marble and granite structure, built to give its residents the ultimate in creature comfort, a truly inspiring vista to look out on, all the amenities one would expect from a five star project - and then the world's most sumptuous five star hotels round the corner.

The building's iors have been designed to suit those who lead a modern life, but want their home to be a retreat, as well as a great place to entertain. Nothing ostentatious. Just stylish, high quality, and ready to move into with the minimum of fuss - leaving you the time to stamp your mark on your new home.

Dubai Marina is truly the city's marine centre - the place where the Arabian Gulf meets city style on a grand scale. The Atlantic is set right in the middle of this splendour, amongst 11 kilometres of uninterrupted waterside promenades, yacht berths and landscaped gardens.

The Marina is unique. It provides a quality of life many aspire to, but few actually achieve. How often is it that you can have a Ritz Carlton, a Royal Meridian, a Sheraton, Hilton and a Grosvenor House Hotel for neighbours? Where else are elegant shopping malls, diverse eateries, bars, nightspots and beach clubs just a lift ride away? Unsurpassed luxury. Attention to detail. Breadth of service. That is what living on Dubai Marina is all about. A truly 21st Century experience.

Apartments in The Atlantic have been designed with a simple, tasteful vocabulary of colour, form and function. Tones are muted, a canvas for your own choice of decoration and furniture. Each apartment has the maximum space and light possible, all fixtures and fittings have been chosen to add polish. Materials use include predominantly glass, ceramic, marble and granite. Ergonomic design and easy access to cupboards and wardrobes create the perfect living space. Lighting is flexible and low key.

Each apartment is Internet and cable ready, with a 42" plasma television and high definition home theatre system for a movie pre-installed. In the kitchen, pre-installed and integrated appliances include multi-programme washing machine, American-specification fridge, microwave, dishwasher and large, modern cooker. No messy wires, just clean open space, ready as soon as you move in.

Every apartment has a sumptuous master bathroom. With marble counters and basins, granite floorings, adjustable lighting vanity mirrors and powerful shower fittings. Guest bathrooms use the same materials.

Add the rooftop swimming pool and open-air Jacuzzi; the lounger comfort of the sun deck; a 1,000 square feet gymnasium with the latest equipment; his and hers Saunas and steam rooms; a children's play area with playpens and toys - as well as sensor lit, allocated basement parking, and you have a place you can call home - or home away from home.



Amenities

No modern apartment should be without excellent facilities for keeping its guests in trim. And at The Atlantic, you have a top flight, top floor health club. The latest fitness equipment covers 1,000 square feet of recreational space, as well as bird's eye views of the Marina and surrounds for when you are working out.

Also on the top floor, large, Scandinavian saunas, one for men and one for ladies, are accompanied by state-of-the-art steam rooms - again, one for each sex - and Jacuzzi baths for all. If exercise is important to you, your home at The Atlantic will fire up your passion.

A large swimming pool with children's pool, sun deck and children's play area complete The Atlantic. From the roof, this safe environment has been positioned to capture the most breathtaking views of the area, as well as the best of the sun's rays. Do laps in the luxury swimming pool, keep an eye on the baby pool from the open-air Jacuzzi, or just sit out and watch the world go by. And when you are done, is it sundowners on your balcony? A stroll to the beach? Or do hit a dazzling hotel, restaurant or bar? The choice is yours at The Atlantic.



Unit Types
One, two and three bedroom apartments

Specifications
Amenities:
- Rooftop swimming pool
- Open-air Jacuzzi
- Sun deck
- Gymnasium
- Male and female saunas
- Male and female steam rooms
- Children's play area
- Vaulted lobby entrance
- Allocated basement parking

Bathrooms:
- Marble counters
- Marble basins
- Granite floorings
- Adjustable lighting
- Vanity mirrors
- Powerful shower fittings
- Guest bathrooms use the same materials

Design:
- Large Balconies
- Maximum space
- Maximum light
- Ergonomic Easy access cupboards
- Easy access wardrobes
- Flexible lighting
- High-Technology Internet and cable ready 42" plasma television pre-installed High definition home theatre system pre-installed multi-programme washing machine pre-installed
- American-specification fridge pre-installed
- Microwave pre-installed
- Dishwasher pre-installed modern cooker pre-installed

Materials:
- Glass
- Ceramic
- Marble
- Granite

Welcome to your home on Dubai Marina: the most beautiful marina location in the world. At The Atlantic, we pride ourselves on bringing you urban-chic design set in huge open spaces. Every element of your apartment has been created to enhance the amazing views that surround you. Let us create a stunning visual backdrop to your new life.

The Atlantic is a modern fantasy. An 18-storey glass, marble and granite structure, built to give its residents the ultimate in creature comfort, a truly inspiring vista to look out on, all the amenities one would expect from a five star project - and then the world's most sumptuous five star hotels round the corner.

The building's interiors have been designed to suit those who lead a modern life, but want their home to be a retreat, as well as a great place to entertain. Nothing ostentatious. Just stylish, high quality, and ready to move into with the minimum of fuss - leaving you the time to stamp your mark on your new home.

Dubai Marina is truly the city's marine centre - the place where the Arabian Gulf meets city style on a grand scale. The Atlantic is set right in the middle of this splendor, amongst 11 kilometres of uninterrupted waterside promenades, yacht berths and landscaped gardens.

The Marina is unique. It provides a quality of life many aspire to, but few actually achieve. How often is it that you can have a Ritz Carlton, a Royal Meridian, a Sheraton, Hilton and a Grosvenor House Hotel for neighbours? Where else are elegant shopping malls, diverse eateries, bars, nightspots and beach clubs just a lift ride away? Unsurpassed luxury. Attention to detail. Breadth of service. That is what living on Dubai Marina is all about. A truly 21st Century experience.

Apartments in The Atlantic have been designed with a simple, tasteful vocabulary of colour, form and function. Tones are muted, a canvas for your own choice of decoration and furniture. Each apartment has the maximum space and light possible, all fixtures and fittings have been chosen to add polish. Materials use include predominantly glass, ceramic, marble and granite. Ergonomic design and easy access to cupboards and wardrobes create the perfect living space. Lighting is flexible and low key.

Every apartment has a sumptuous master bathroom. With marble counters and basins, granite floorings, adjustable lighting vanity mirrors and powerful shower fittings. Guest bathrooms use the same materials. Add the rooftop swimming pool and open-air Jacuzzi; the lounger comfort of the sun deck; a 1,000 square feet gymnasium with the latest equipment; saunas and steam rooms; children's play area with playpens and toys - as well as sensor lit, allocated basement parking, and you have a place you can call home.

I was at the site 09:20 , saw just few workers , no progress.

board will be changed?

http://img174.imageshack.us/img174/8281/imresolt09vl3.jpg (http://imageshack.us)

GSPM
Any updates since you've been back nearly 3 weeks?

board before

04/May/2007

The Atlantic

http://img252.imageshack.us/img252/420/imresolt178wr7.jpg (http://imageshack.us)


so Kaveri at the site:)

new contractor?

GSPM
Any updates since you've been back nearly 3 weeks?

I'm back yes and will update as soon as i have the schedule in front of me i don't want to tell you this is the program and then it changes again, i will do a picture update today on the blog and sorry for keeping you all on hold, but have been very busy catching up on the progress

Source: GSProjectManager http://atlantictower-dubai.blogspot.com/

http://img117.imageshack.us/img117/5535/img7432yc2.jpg

http://img117.imageshack.us/img117/6654/img7438gl5.jpg

Diveska, thanks for the update on ORYX and their changes to the marketing of the Atlantic Towers.

I believe common law should rule in regard to the marketing of the Atlantic Towers.
As far as I’m concerned this is a case of gross MISREPRESENTATION, which is against the law (even in Dubai). How can the marketing of the Atlantic suddenly exclude certain facilities, appliances, etc which were initially including the market media (ORYX)?
When I purchased, at the Atlantic I was definitely influenced by the original marketing of the Atlantic by ORYX and expect to get what was promised. We as investors in the Atlantic must really push the developers to honor their commitment, especially if we are the affected purchasers who purchased on the basis of the old marketing literature.

I totally agree Zuluboy.

Zuluboy,when you say old marketing literature,it has only just changed so it will actually affect everyone who has purchased in the Atlantic so far.Whether what oryx have done is illegal or not, i dont know but it is certainly morally wrong and smells of a con.I think they see property values rising and hope that if they cut some corners here and there no-one will make an issue of it.

October 11 - 2005
http://www.ameinfo.com/69708.html

More sites:

http://www.landmark-dubai.com/project.php?prj_id=876

http://www.prnewsnow.com/PR%20News%20Releases/Business/Real%20Estate/Oryx%20Apartments%20Launches%20The%20Atlantic

http://www.toptenproperties.net/buy/detail/?id=5157

The evidence is certainly all there,and there is no doubt that marketing like this will have influenced most buyers.

Par4 you are absolutely correct, in that the previous/old marketing literature of ORYX did influence all buyers. The Atlantic marketing websites referenced by Diveksa gives even more reason to believe that these marketers were given the brief by the developers, and certainly didn’t suck the information out of their thumbs.

I don’t have any doubt in my mind that it all about money. In the period between the initial marketing of the Atlantic and its actual construction, the USD has devalued, which has obviously also affected the AED, and thus their projected profits. Yes, the property prices have increased in value, and there is no doubt the developers will still make good profits. They purchased the property for a 'SONG' from Emaar - they had no idea that the position would become so prime.

The Oryx website was updated because we are uncertain about the status of the white goods. We are still awaiting a reply from Gulf Shores ourselves with the updated specifications, and until then do not want to market the amenities. The marketing information was based from the developer had to offer initially.

The Oryx website was updated because we are uncertain about the status of the white goods. We are still awaiting a reply from Gulf Shores ourselves with the updated specifications, and until then do not want to market the amenities. The marketing information was based from the developer had to offer initially.

So are you saying that Gulf Shores had originally intended to supply everything that you had advertised and it is THEM who have now gone back on their promises?

http://img522.imageshack.us/img522/7562/image002rj6.th.gif (http://img522.imageshack.us/my.php?image=image002rj6.gif)

http://img377.imageshack.us/img377/4775/unit402502802902zm2.jpg (http://imageshack.us)

Total Area: 1724.63
Balcony: 184.92
BUA:1539.71

http://img213.imageshack.us/img213/5179/units302602702qy7.jpg (http://imageshack.us)

Total Area: 1776.97
Balcony: 237.26
BUA: 1539.71

http://img525.imageshack.us/img525/1558/units303403503603703803af2.jpg (http://imageshack.us)

Total Area: 1882.48
Balcony: 338.41
BUA: 1544.07

http://img522.imageshack.us/img522/354/units304404504604704804tp0.jpg (http://imageshack.us)

Total Area: 1852.45
Balcony: 308.38
BUA: 1544.07

http://img525.imageshack.us/img525/5554/units401501801901ft5.jpg (http://imageshack.us)

Total Area: 1724.63
Balcony: 184.92
BUA: 1539.71

http://img242.imageshack.us/img242/2674/units301601701jg8.jpg (http://imageshack.us)

Total Area: 1776.97
Balcony: 237.26
BUA:1539.71

According to ORYX RE documents this is the location of the units based on the last digit of the unit.

http://img165.imageshack.us/img165/8738/apartmentloctationandvirp6.jpg (http://imageshack.us)

But if you compare it to my last post for units 3 and 4 you can see units that end with 3 and 4 are flipped to the other side. So, I am not sure about the location of the units that end with 3 and 4.

Can anyone help us clarify the correct location of the units that end with 3 and 4?

http://img532.imageshack.us/img532/6012/theatlantictq5.flv

http://www.takticalrealty.com/
Expansive master and guest bedrooms, with walk-in and fitted wardrobes. All units have plasma televisions and luxury fittings as standard. Marina / Sahab Bay View Marina living has become one of the most desirable and sought-after lifestyles in the world. Now you can enjoy it all, right here in Dubai. The exclusivity, status and rewards of waterfront living are all awaiting you at Dubai Marina. One of the world’s largest, most meticulously planned waterfront developments, Dubai Marina offers you the exhilaration and vibrancy of a chic, urban lifestyle together with all the advantages of owning a home on the water. Advantages include unobstructed views across the marina, fresh sea breezes and the experience of a lifestyle most people can only dream about.

Source: http://www.masterkeydubai.com/taktical/PropertyDetails-mk.asp?id=29377&communityname=&type=1&state=1&community=213&propertyname=&minprice=&maxprice=&br=2&sqft=&lookfor=&curPage=1&sector=&orderby=&search=1&keyword=

Taktical Realty has one unit at 1940 AED per sqf.:bash:

So are you saying that Gulf Shores had originally intended to supply everything that you had advertised and it is THEM who have now gone back on their promises?

We haven't received current final specifications from Gulf Shores ourselves, so we cannot even comment if they are going to be available or not. I know some have contacted them directly and been told no, it is therefore a case of the developer changing the specifications. Oryx has done their part of marketing the project earlier, but any changes now are directly done by the developer without our knowledge. Even the floor plan changes are not communicated to us by the developer.

Taktical Realty has one unit at 1940 AED per sqf.:bash:

You could buy units for only AED 1400psf a few months back.

Re position of units,the confusion comes from the original Oryx sales information,where they have mistakenly drawn the tower facing SZR.I challenged this printed brochure,and was flippantly told they had copied the information in reverse,hence a mirror image reversing the numbers.Just in case they try to deny it I still have copies of these.

Re position of units,the confusion comes from the original Oryx sales information,where they have mistakenly drawn the tower facing SZR.I challenged this printed brochure,and was flippantly told they had copied the information in reverse,hence a mirror image reversing the numbers.Just in case they try to deny it I still have copies of these.

Thank you Plotman.

1. The right location is in my post # 587 am I right?

2. What about the units area?
Is it:
A. Unit xx3:1852sqf and unit xx4:1882sqf
OR
B. Unit xx3: 1882sqf and unitxx4: 1852sqf

Yes as far as I am concerned unit 4 faces the mall.With regard appt sizes,if you look at the front of the round tower you can see the circular banding of the balconies goes in and out,ie 1st 2nd 3rd floor of 2beds is larger than4th 5th,then 6th 7th back to large,8th 9th recessed and again 10th 11th back to large 12th 13th recessed 14th back to large being the last 2 bed floor.15th floor being the ultimate with clear sky above.By the look of it this applies only to units 1 and 2 which is why Oryx appt sizes appear to differ slightly.Maybe this impacts internally,but I would guess not.The pricing schedule I have from june 07 shows unit 4 to be the smaller at 1852sq/ft and 1883sq/ft for unit 3,the diff being balcony space.

Thank you Plotman. I think it is clear for me now.

GSPM can you post one complete floor plan for the 2 bed rooms units at your blog or this thread?

25/August/2008

The Atlantic

http://img171.imageshack.us/img171/7636/imresolt041fd4.jpg (http://imageshack.us)

http://img171.imageshack.us/img171/463/imresolt042zl4.jpg (http://imageshack.us)

http://img253.imageshack.us/img253/3420/imresolt043cx3.jpg (http://imageshack.us)

Imre, thanks for the pictures

Imre, thank you.
The first picture makes the Atlantic look like a peninsula!:banana:

Great work IMRE Thankyou.Looks like 5th floor slab could be december if we are lucky.If your about Trueblue give us your time scale.

Good luck Diveksa,the apartments now look as if they are taking on some individual costings, ie with regard to position in the building.Interestingly Betterhomes have a 2bed at 2.9mill plus,my guess would be that if and when we reach the 5th floor, all 2 beds will be 3mill plus.In the marina generally 1 beds seem to make more than 2 beds, but in this tower 2 beds are in high demand and on average more per sq/ft that 1 beds.I suspect the very large balconies that gulf shores fought hard to retain have a very positive bearing on this.Me I just want a bargain on the 15th floor.

ORYX Today have 4, two beds for sale 2.7mill to 3.8mill only one under 3mill anybody want 1mill instance profit.

ORYX have only three 2 bed rooms and one 3 bed rooms.

The 2 bed rooms' prices per sqf are 1470, 1665 and 2077.
The 3 bed rooms' price is 1405 per sqf.

I think the Atlantic average market price prior to Cityscape is AED 1700 per sqf.

The Atlantic is a small development and most of the owners want to keep it because of the location. I think the Atlantic average price, in two years max, will be around 2500 to 2900 per sqf if GS deliver what they promised their clients.

To be correctly answered, I'll answer this one! we scheduled for handover on the 21st of June 2009 if the current concrete shortage repair itself.

Whats your prediction now GSPM

http://img222.imageshack.us/img222/3218/27982502356ea97aa715olc5.jpg (http://imageshack.us)

http://img242.imageshack.us/img242/4123/2799098290387bf83b05okd7.jpg

Does anyone know what the sort of sloping steel work at the front is.

^^^^Water jump.

http://img80.imageshack.us/img80/1921/image009bj7.jpg

http://img264.imageshack.us/img264/6207/image007gt1.jpg

http://img54.imageshack.us/img54/2788/image005hp8.jpg

http://img206.imageshack.us/img206/3482/image003xe4.jpg

http://img355.imageshack.us/img355/8/image001no8.jpg

http://img54.imageshack.us/img54/8023/image001ca4.jpg (http://imageshack.us)

It seems the Atlantic does not have any shops at the front of the building.:dunno: Maybe because the Marina Mall is next door!

Also, there is a big area at the top of the parking floor and behind the main building. Does anyone know how it will be utilized?

Well its obvious from the render that it will be a green park with palm trees planted in it,theres a large mirror Mall side to reflect the illusion.

No the area to the rear,apart from extra parking and vehicle entrance,contains the transformers,electrical rooms,water meter cupboards and rubbish disposal and storage area along with fire fighting equipment,so the concrete in question is purely a roof.

Interesting to see the old render with Oryx apartments emblazoned on it.

It seems the Atlantic does not have any shops at the front of the building.:dunno: Maybe because the Marina Mall is next door!

Also, there is a big area at the top of the parking floor and behind the main building. Does anyone know how it will be utilized?
Thank you Diveksa. That means the chairs and tables outdoor are for the tennants to use :lol:
I really like the modern and light coloured look of the kitchens and bathrooms.

If the Atlantic ends up looking as good as these graphics i think we will all be delighted.Lets hope we can trust Gulf Shores to deliver.

Thank you Diveksa. That means the chairs and tables outdoor are for the tennants to use :lol:
I really like the modern and light coloured look of the kitchens and bathrooms.

I think the first two floors behind of the chairs and the tables will be commercial shops. There is an outside stairs that can take you to the 2nd floor.
What do you think?

http://img84.imageshack.us/img84/9928/zlw8dcab6.jpg (http://imageshack.us)
http://img84.imageshack.us/img84/zlw8dcab6.jpg/1/w1600.png (http://g.imageshack.us/img84/zlw8dcab6.jpg/1/)

What a great location

The location is one of the best on the mainland side but progress is dissappointing.

Any idea what time of day that picture was taken as a shadow completely blocks the Atlantic sight.

The location is one of the best on the mainland side but progress is dissappointing.

I have to say TB, Im not a lover of SP but their projects do seem to be gathering speed,not quite sure what the holdup is on this tower,but yes disappointing is the word.At the present rate we are looking at a mid 2010 handover.

Launched in 2005, working in ground floor in end of 2008, not too bad progress!!

This must be the slowest devlopment of the marina I think.

I am sure you are right Steve,but when judged by return on capital this tower is way out in front.The saving grace being the payments tied to construction and 50% balance on handover,SP cant or wont match that.

Any idea what time of day that picture was taken as a shadow completely blocks the Atlantic sight.

Based on the shadow I think it was taken around 5:00 PM

I am sure you are right Steve,but when judged by return on capital this tower is way out in front.The saving grace being the payments tied to construction and 50% balance on handover,SP cant or wont match that.

Yes SP can match that, 30% deposit the rest over 15 years.

Well if you want to talk mortgages, I guess I could refinance in Japan over 4 generations.

Yes SP can match that, 30% deposit the rest over 15 years.

At last, SP have a payment plan linked to progress :banana:

:lol: have to admit that made me laugh.

Launched in 2005, working in ground floor in end of 2008, not too bad progress!!

this is not progress, almost the same then the Wind Towers at the JLT site.

GSPM
Haven't heard from you for a while. How about an update and some photos.

At last, SP have a payment plan linked to progress :banana:


:nono:





:rofl:

Morris do you really think 15 years will cover it.

yep that i'll do updates soon to follow, lets get this tower going up:okay:

OK WHAT A GREAT IDEA!!!!!!!

http://www.skyscrapercity.com/showthread.php?t=697890

http://img388.imageshack.us/img388/7113/2qwltttyg7.jpg (http://imageshack.us)
http://img388.imageshack.us/img388/7113/2qwltttyg7.2896e9a921.jpg (http://g.imageshack.us/g.php?h=388&i=2qwltttyg7.jpg)

OK WHAT A GREAT IDEA!!!!!!!

come on plotman i did post on the blog, look look and you will find:bash:

come on plotman i did post on the blog, look look and you will find:bash:

The pictures were taken 3 weeks ago. Can you give us some new ones and a bit of spiel about what's been done.

I know you're probably very busy but when we're not in Dubai this is our only way of finding out the progress of The Atlantic.

For you Sheltie. Taken 18:05pm 8/9/08
http://i37.tinypic.com/2l9qgjd.jpg

ladies and gentlemen we are out of the ground we completed the raft this morning at 3am and very tired but its done i will update tomorrow, we will cast the ground floor end July and august we will be casting 3 slabs I'm going on vacation for the month of July but will communicate with you from South Africa

Can i assume from the photo that 3 slabs have not been cast in august?Is this due to the cement shortage or what?

Very nice photo Thorneyvilla, and very new indeed. Thank you very much.
Is it the parking area we can see, GSP?

Thanks very much for the photo, Thornyvilla, much appreciated.

Thanks very much for the photo, Thornyvilla, much appreciated.

http://i34.tinypic.com/2jc6hde.jpg


http://i34.tinypic.com/a2rfy0.jpg

Thanks Maktol as well for the photos.

Par4
Does 3 slabs mean 3 floors?

Thanks Maktol as well for the photos.

Par4
Does 3 slabs mean 3 floors?

I am no expert but i assume slabs mean floors,maybe GSPM or True Blue can enlighten us.

[QUOTE=par4;25080004]Can i assume from the photo that 3 slabs have not been cast in august?Is this due to the cement shortage or what?[/QUOTE

The slabs are much below what you are looking at here.

Now i am confused.

me too

[QUOTE=par4;25080004]Can i assume from the photo that 3 slabs have not been cast in august?Is this due to the cement shortage or what?[/QUOTE

The slabs are much below what you are looking at here.

There is no substructure in this tower. The pile cap raft is the only slab cast so far with the first suspended slab coming soon, which I think becomes the ground floor.

Hi Guys,

I'm considering investing in this one. 4M for 3000 Sft topmost floor apartment. Since you guys said that payment plan is tied to construction, can current owners tell me how you guys have already paid?

The location is brilliant is the fact that it is within walking distance to the metro and the mall are HUGE plus points. You can notice the metro station opposite to the greenlake towers in JLT in post 613.

Any advice fella's?

location and price ok but still zero progress.Last time when I was there just saw 12 workers.

Hmmm, thanks for the info Imre. I was thinking of this in long term. Even if it took 2-3 years, i don't mind as i would be paying very less. I don't think i could get a 3000 Sft apartment with great marina views for that price in the Marina....ever! Plus, there is bound to be capital appreciation when its done, so that would effectively double my investment in 2 years.

Still wondering what to do!

good price, try to find out more about the developer ask them why is it so slow.
or if you have time just visit the contractors and ask about the project.

Yea, will try to do that. Who are the contractor's here again? Gulf Shores? Kaveri?

Hi Guys,

I'm considering investing in this one. 4M for 3000 Sft topmost floor apartment. Since you guys said that payment plan is tied to construction, can current owners tell me how you guys have already paid?

The location is brilliant is the fact that it is within walking distance to the metro and the mall are HUGE plus points. You can notice the metro station opposite to the greenlake towers in JLT in post 613.

Any advice fella's?

You are right about the price & location of the Atlantic,they are superb.Progress however has been painfully slow,its only now after waiting over 2 years that we are starting to see light at the end of the tunnel.The payment plan that you would probably get would mean paying 55% now and 45% on completion.The other plan linked to floor levels reached,was only for original buyers i think.

True Blue,thanks for the information i was pretty sure that 3 slabs had not been cast.

Come on GSPM you're not on holiday now.

Please give us some answers on why there are so little workers there (I know it's ramadan but would expect something happening) and why the progress is so slow. What's the anticipated completion date now?

docc, if I had 4M I would definately consider buying that apartment. Mine's only a one bed on the 1st floor so we'll be visiting you for the housewarming!!!!

I think par4 is right as I have paid 55% and have to pay the final 45% on completion.

The Point started piling around September 06 and the Atlantic in March 07,the Point is now over 20 stories high therefor there is no reason why the Atlantic should not be topped out in 6 months time-----------sorry my attention was taken there by a flock of pigs flying past.

I spoke to an agent who specializes in The Atlantic.

According to her, the delays are due to firstly, Emaar Marina Mall causing trouble as they didn't want these guys to start until they finished the mall. Secondly, there were major issues regarding the balconies which finally got sorted.

From the forum i gathered that delays were due to cement shortages. I'm not sure what exactly to believe here. Nevertheless, according to her the completion date is December 2009 which probably means mid to late 2010. She also told me of a new payment plan.

I pay 30% now and then 10% every 3 months (tied to construction schedule) and then 15% in the end. This definitely isn't as favorable as what you guys got but i'm saving a lot in the original price (if i choose to buy it), so its still worthwhile for me. Even if prices touch 2000/Sft (as in most areas of marina), i will see a 40% capital gain in 2 years. Not too bad IMO.

Sheltie, i still haven't decided! I was told that there are 3 more units available and will be getting the list tomorrow (should have got it today actually). Will let you know what the prices are.

Keep the info coming in!

Regards.

Docc, I think we all have different payment plans.
Mine was a re-sale and I had to pay 55 % here and now.
I still think that what you have been offered is a very good investment.
Does this apartment have the wonderful, big balconnies?

Well, the apartment area is 2416 Sft and the balcony area is 543 Sft split between 3 balconies, making it a grand total of 2959 Sft. Its the top-most floor so i'm assuming that the views will be good. Its apartment 1702 by the way, so according to previous posts, view 2 goes towards the tallest block area.

Does 543 Sft count as wonderful big balconies? I haven't seen previous plans showing these big balconies, so i don't have a reference point.

Don't know if this is any help but there are floor plans on page 30.

The floor plans are for the 2 beds, while the one i was offered was a 3 bed. It has 3 small balconies, none as big as the ones posted on page 30.

Diveksa is the man with all the information but he hasn't posted anything for a few days so maybe he is on holiday,i am sure when he is back he will post floor plans for the 3 beds.

http://i36.tinypic.com/2el8jmo.jpg

come on plotman i did post on the blog, look look and you will find:bash:

Hi guys just back from hols.

GSPM Shame on you, you posted on the 18th Aug,my tongue in cheek question was 4th sept,reason being investor concerns about Oryx/Gulf shores split,a real lack of progress using your own time line.All we really want is an honest update,I for one dont mind if you come in late on the project,but please advise where and what we are up to.I do hope you can give us a progress report soon with some new floor slab forecasts.

Many thanks to all you guys who have posted recent photos.

When they remove the spoil from around the water foot of the Mall it will be a great feature to view from the Atlantic

I am wondering when this photo was taken because if it is current then it means that there has been no change in almost a month.GSPM,if you are reading these posts then please let us know why things are moving so slowly.

I am wondering when this photo was taken because if it is current then it means that there has been no change in almost a month.GSPM,if you are reading these posts then please let us know why things are moving so slowly.

taken on 9/09/08

Can you get us some of the Torch please Jeetha? Some close ups of the corners please :cheers:

I am wondering when this photo was taken because if it is current then it means that there has been no change in almost a month.GSPM,if you are reading these posts then please let us know why things are moving so slowly.

we are situated next to the marina mall, now this is EMAAR, and comparing the smaller construction componies like Kaveri ext. to them is not fair there is a lot of reasons why progress on site slowed down, just to name a couple

due to the shortage of labors smaller componies now struggle

the sudden increase in prices is destroying most of the smaller construction componies

ramadam is slowing all construction sites
there is progress on site, it is looking like we are at a standstill but we are not its just moving slowly right now, for us to change from the current contructor is not possible for no other contructor will do this project on the original cost ,and Kaveri will! just be patient for a bit we will get through this

looking at the current selling prices in the Marina and considdering where the Atlantic is sittuated you are in posesion of a gold mine and sometimes the waiting is worth it, i don't know what else to say to you there is no excuse it is just the way it is right now

look at the smaller sites around us and that alone can answer your consern, we are not the only tower being delayed

Thanks for your honesty at least GSPM,it is just a bit worrying when we have so much invested in the project and we dont see much progress,bear in mind we were supposed to be handed the keys last november.

Thanks GSPM Im sure your on top of it,and I for one truly respect the fact that your there for us.I dont know of another project with such a direct line of communication.I have an interest in a Nakheel project that is years late,and they give out no information at all,considering they are almost state owned they behave very badly.Thankyou Stephen.

It's nice to hear from you even if it's not the news we wanted to hear. Please keep us informed as to what's happening. Hopefully it will pick up soon.

promise to do and thanks for the understanding!

Can you get us some of the Torch please Jeetha? Some close ups of the corners please :cheers:

Too late Mackie, I'm already back home.
Was there for 3 nights only.

I am back from a one week trip.
Diveksa is the man with all the information but he hasn't posted anything for a few days so maybe he is on holiday,i am sure when he is back he will post floor plans for the 3 beds.

A
http://img139.imageshack.us/img139/8752/80179704ci2.th.jpg (http://img139.imageshack.us/my.php?image=80179704ci2.jpg)
B
http://img516.imageshack.us/img516/875/11466887ta2.th.jpg (http://img516.imageshack.us/my.php?image=11466887ta2.jpg)
C
http://img440.imageshack.us/img440/8831/97942621vz2.th.jpg (http://img440.imageshack.us/my.php?image=97942621vz2.jpg)
D
http://img150.imageshack.us/img150/9172/27004950kd8.th.jpg (http://img150.imageshack.us/my.php?image=27004950kd8.jpg)
E
http://img232.imageshack.us/img232/7295/30452392dq5.th.jpg (http://img232.imageshack.us/my.php?image=30452392dq5.jpg)
F
http://img150.imageshack.us/img150/9669/10064620pj9.th.jpg (http://img150.imageshack.us/my.php?image=10064620pj9.jpg)

Thanks GSPM Im sure your on top of it,and I for one truly respect the fact that your there for us.I dont know of another project with such a direct line of communication.I have an interest in a Nakheel project that is years late,and they give out no information at all,considering they are almost state owned they behave very badly.Thankyou Stephen.
plotman can you send me your email address p.l.s

http://i36.tinypic.com/280l46p.jpg

Thanks Maktol for the dawn shot, have you got a paper round in the marina?

Thanks Maktol for the dawn shot, have you got a paper round in the marina?

Believe it or not was taken at 5pm. The weather has been dusty and cloudy overy the past few days.
Re the paper round. A need the extra money now all the developements are running late. Can't rely on rent money for a right few yrs. Any port...

Believe it or not was taken at 5pm. The weather has been dusty and cloudy overy the past few days.
Re the paper round. A need the extra money now all the developements are running late. Can't rely on rent money for a right few yrs. Any port...

sand can give you a cloudy day only in the UAE, clouds would be a blessing and rain a tiumph

http://www.skyscrapercity.com/showpost.php?p=25624556&postcount=1922

Has anyone on here heard about Law 13. It's a new regulation which states that all off plan property sales must be registered. 1% must be paid by the buyer and 1% must be paid by the seller.
I have already received my invoice from The Torch. I wonder when we will get our ones from The Atlantic.

http://www.theoryxcorporation.com/theatlantic_prefered/gallery.asp

Thank you Diveksa, very nice homepage.
I still like the light coloured, modern kitchen :).

i placed some pictures on the blog. we are waiting for the new cutout drawings as we submitted some changes in the air conditioning system and will only be able to prepare the ground slab after receiving these drawings

i placed some pictures on the blog. we are waiting for the new cutout drawings as we submitted some changes in the air conditioning system and will only be able to prepare the ground slab after receiving these drawings

Thanks for updating the blog.Is this going to mean another delay waiting for these drawings.

no it will take one week for us to finish the shoring and lift core pouring and after that we will finish the slab support by then we should have the cutouts

http://2.bp.blogspot.com/_SC8YoYRkX3U/SOCDQPsvR2I/AAAAAAAAAUY/GcxyKsLwtVo/s400/IMG_7582.JPG

http://4.bp.blogspot.com/_SC8YoYRkX3U/SOCDQWdITmI/AAAAAAAAAUg/mdZdNOke5tI/s400/IMG_7588.JPG
http://2.bp.blogspot.com/_SC8YoYRkX3U/SOCDQnzh-DI/AAAAAAAAAUo/20RfIbIHLKk/s1600-h/IMG_7589.JPG

http://4.bp.blogspot.com/_SC8YoYRkX3U/SOCDRKxdg4I/AAAAAAAAAUw/Rfhgnt6uP3I/s400/IMG_7590.JPG

http://4.bp.blogspot.com/_SC8YoYRkX3U/SOCDRb8MCAI/AAAAAAAAAU4/TIUoB5366l0/s400/IMG_7591.JPG

http://3.bp.blogspot.com/_SC8YoYRkX3U/SOB4Xlsqs2I/AAAAAAAAAT4/c7yJUeYgyHo/s400/IMG_7573.JPG

http://3.bp.blogspot.com/_SC8YoYRkX3U/SOB4XvtmCaI/AAAAAAAAAUA/tePxPG0-Jn8/s400/IMG_7575.JPG

http://3.bp.blogspot.com/_SC8YoYRkX3U/SOB4YHJkqkI/AAAAAAAAAUQ/UooPQIVvzlQ/s400/IMG_7580.JPG

GSPM, I called past on 30th Sept but everyone was having the Eid holiday so I didn't manage an iced tea:)

http://img116.imageshack.us/img116/1017/dsc00474et0.jpg (http://imageshack.us)

http://img381.imageshack.us/img381/9565/dsc00476vn0.jpg (http://imageshack.us)

http://img233.imageshack.us/img233/2251/dsc00478gk9.jpg (http://imageshack.us)

its why they call it a holiday:cheer: everyone will be absent HAHAHAHA:banana:, well for the bonus part its almost over and timings will be back to normal i hope:okay:

Still haven't found out where we pay this 1% for Law 13 to. I emailed Tahiya Baharoon but haven't heard back. Does anyone else know who we can contact as there is a deadline for paying it and it affects all off plan properties.
We all got an invoice from Select property for The Torch so I thought we would get one from Gulf Shores.

Still haven't found out where we pay this 1% for Law 13 to. I emailed Tahiya Baharoon but haven't heard back. Does anyone else know who we can contact as there is a deadline for paying it and it affects all off plan properties.
We all got an invoice from Select property for The Torch so I thought we would get one from Gulf Shores.
I think you should ring RERA. If you write to them they will take a long time to answer, but if you ring them, it will be a lot quicker.

Law 13 can not be applied retroactively to projects which have already commenced construction.

All transfers/sales after the deadline must be registered with Rera or they will be considered illegal.

As you have bought your Atlantic apartment before the deadline then it is legal.

When the project is complete it will be registered with the land department and a title deed issued after payment of the appropriate fee.

^^ This is how I interpret law 13 until someone proves otherwise. SP are the only developer I know which has raked in cash off the back of law 13. Does that not seem strange?:dunno:

I have to say,from what I have read I agree with TB,this law strengthens the situation whereby developers must start work within a given period of selling from off plan(how dose the government know when work should start)well by registering the start of off plan sales,it starts the time period to construction start.

Having researched on law 13 a little more, I have found out that the legal system is awaiting clarification of the law.

It conflicts itself in that it states that all new off plans must be registered in an interim land register to be established by the land registry department and later maintained by the master developer. It defines off plan as any development which is not yet complete. It requires registration before the start of construction. So how are under construction projects dealt with? By definition they are still off plan.

Completed projects are registered on the main land registry administered by the land department. An off plan, when completed, is transferred from the master developers interim land register to the main land register for a small admin fee.

The law can not be retroactively applied to under construction projects apparently, so there is a grey area relating to these off plans. Clarification is awaited but what is for sure is that an owner only needs to pay 1% for registration once as does any subsequent owner. However if you sell you have to pay another 1% on the selling price as the seller.

My head is sore now :bash::nuts:

Having researched on law 13 a little more, I have found out that the legal system is awaiting clarification of the law.


The law can not be retroactively applied to under construction projects apparently, so there is a grey area relating to these off plans.

My head is sore now :bash::nuts:
True Blue, the law no. 13 is not for comleted buildings and those under construction, right? But what about ones like the one I bought 1½ year ago, it is not even under construction, and we have not even received our contract! Does the new law apply to this?

And the clause regarding the 5% area of the apartment, how am I suppose to understand that, as developers are charging 30% for common area outside my apartment?
Would a lawyer understand the new law, I wonder? And would it help to pay for a lawyer?
The websites I have seen explain the new law very poorly. Is there anywhere I can read about the new law in details? Like a RERA website?

True Blue, the law no. 13 is not for comleted buildings and those under construction, right? But what about ones like the one I bought 1½ year ago, it is not even under construction, and we have not even received our contract! Does the new law apply to this?

And the clause regarding the 5% area of the apartment, how am I suppose to understand that, as developers are charging 30% for common area outside my apartment?
Would a lawyer understand the new law, I wonder? And would it help to pay for a lawyer?
The websites I have seen explain the new law very poorly. Is there anywhere I can read about the new law in details? Like a RERA website?

this is some news i found on this new law13 just for interest and maybe it will help you with your question pleth( i highlighted your first question in bold)

New Dubai property law comes into effect
Law number 13 of 2008, governing off plan property sales in Dubai is set to come into effect this week. The law will introduce a mandatory system of pre-registration for sales contracts at the emirate's Land Department. Any off plan sales regarding real estate units in the city that are not registered will be legally invalid.
United Arab Emirates: Thursday, September 04 - 2008 at 09:33
The new Dubai property law will mean that all off plan contracts must be registered

The registration system is the next stage in the government of Dubai's efforts to increase the levels of transparency in the local real estate market, along with the introduction of a specific arbitration agency, the Real Estate Regulatory Authority (Rera), and legislative measures such as the escrow law.

These initiatives come at a time when investor confidence in both upcoming and existing projects has been shaken following a series of scandals in the local industry.

Although the system will initially be undertaken by the Land Department, the duty will eventually pass to master developers, who will be obliged to register all purchases by sub-developers.

According to an explanatory report authored by Chloe English and Alexis Waller from legal firm Clyde & Co's Real Estate department, the registration system is already up and running and will work in tandem with the current project registration system in place at Rera following the introduction of Law number 8, the escrow law.

Law number 8 declared that all developers had to be approved by Rera and have an escrow account, which all monies from investors would be paid into and would be used solely for the construction of the development.

The system also paves the way for easing in the emirate's Law number 14 of 2008, regarding mortgages, allowing investors to register against off plan projects.

Contract and purchase fees
Developers will still be obliged to pay a fee of Dhs370 per off plan unit contract when registering their site plan. The developer will not need to have taken possession of the land before registering off plan sales, registration of the concluded purchase agreement at the Land Department will be enough.

There will also be an additional 2% registration fee, payable at the split of 1% by the seller and 1% by the buyer, on all third party sales prior to the beginning of construction.

The good news for buyers is that developers will no longer be able to charge transfer fees on off plan sales.

Administrative charges will still be payable but the exact amount is currently being determined by the department. The Clyde & Co report estimates the figure at Dhs5,000 for off plan transfers and Dhs500 for completed properties.

Breach of contract
Under the new law, if buyers default on a sales contract it becomes the developer's responsibility to report the breach to the Land Department.

They will then issue a notice granting the buyer 30 days grace to comply with contractual obligations. If the issue is not resolved within the period the developer can cancel the contract and return all money paid, minus 30%, which they are allowed to keep. The new law means that the 30% is now a value of money paid by the buyer, rather than 30% of the value of the project.

In a further boost to buyers, developers will also no longer be able to claim additional money if a project is larger once completed than set out in the original contract.

If the project is smaller than specified, however, the buyer must be compensated (the size difference has yet to be specified but the report anticipates a threshold of 5% and over from the advertised area).

Restrictions on property 'flipping'
The new law is also part of the government's efforts to help curb the market speculation that has seen prices rise at fever pitch levels, and ensure that all transactions are monitored by the government rather than by individual companies.

Unfortunately, for many of the investors currently undergoing problematic handovers, the law will not retroactively govern projects that are already underway or completed - although all developments still in the off plan stage only have 60 days to register sale contracts with the Land Department.

Although some of Dubai's major developers, including powerhouses Nakheel and Emaar have set their own restrictions on the resale of off plan units, placing a hold on sales until either a set period of time has elapsed or a percentage of the contractual value has been paid, the new law does not make these restrictions mandatory across the board.

Thanks Steve. I will check it all. ^^
Are you doing the ground floor now, Steve?? Or first floor?

Thanks Steve. I will check it all. ^^
Are you doing the ground floor now, Steve?? Or first floor?

well the ground floor but its the first floor from the marina's side

we are just waiting for the new cut outs to be approve, but in the meantime we are preparing the ramp area , also we are ready to cast the water tank walls, the core is completed and ready for the slab. well as soon as we receive the cutouts we will begin shuttering if there is any more questions please don't hesitate to ask, but i will update you as soon as i receive any news

take a look at this http://www.ameinfo.com/166170.html its heading Dubai homeowners face impact of increased charges

take a look at this http://www.ameinfo.com/166170.html its heading Dubai homeowners face impact of increased charges
Well we rely on you to supervise the best quality building ever, so there won't be any maintenance charge for years to come...

PS. Please make the garden area look like a park before you leave next year... :lol: :lol:

http://img413.imageshack.us/img413/389/pier8locationpc0.jpg (http://imageshack.us)

Read full article at AME:http://www.ameinfo.com/170650.html
Website: http://www.abyaar.com/pier8/

http://img127.imageshack.us/img127/1089/atlanticinthefuturemq3.jpg

nice photo diveksa

nice photo diveksa

Thank you GSPM. Emaar is the source of this photo.

Any update about the Atlantic site?

http://img360.imageshack.us/img360/1471/sa500004ah1.jpg (http://imageshack.us)
http://img360.imageshack.us/img360/sa500004ah1.jpg/1/w2048.png (http://g.imageshack.us/img360/sa500004ah1.jpg/1/)

I think the curved extension of the Marina Mall hotel is approximately the same height as the Atlantic.

I would agree with that,i wish it was at that height right now

ye ye we will get there, i almost want to guarantee you completion end 2009 just to see the look in your eyes but i believe in the final moment is always the best that disbelief of accomplishment.

look at the bright side we are still busy, slow yes! but busy. i might have a few tricks still up my sleeve, do you want me to perform them?:omg: IOMdubai are you still looking for a buyer??????:banana2:

I would like you to perform every trick you know GSPM as long as you dont cut corners on the finish.

:banana::banana::banana2::cheer::cheer::colgate:
you are so funny ha ha ha:cheers:

I have personal deleted adverts from users.

Please do not use this forum for Selling, Buying or Advertising.

Read the forum rules please people.

I have personal deleted adverts from users.

Please do not use this forum for Selling, Buying or Advertising.

Read the forum rules please people.

sorry won't happen again

can everyone please read private messages, i'm still waiting for replies on some issues

Have you any apartments for sale DIRECT from the developer still? If so please let me know as I would like to buy one with Marina Views. One bedder possibly?

Tks

Maggie

Have you any apartments for sale DIRECT from the developer still? If so please let me know as I would like to buy one with Marina Views. One bedder possibly?

Tks

Maggie

margaretzimmerman the Atlantic was sold out more than 3 years ago. Only resale unites are available in the market.

richard please email me with the details

Hello GSPM,

It is end of the month...

Hello GSPM,

It is end of the month...

WELL HOW ABOUT IT

:hi::hi:Any one please we need a new pictures of the Atlantic site?
Close-up shots are preferred to evaluate the progress at the site.
Thank you

be patient I'm making you a virtual tour of the site and if all works as i directed you will be seeing the site in full video soon, but I'll give you some photos if you insist.

http://img413.imageshack.us/img413/389/pier8locationpc0.jpg (http://imageshack.us)

Read full article at AME:http://www.ameinfo.com/170650.html
Website: http://www.abyaar.com/pier8/
This 40 story building will no doubt create a lot construction noice in the years to come! And ruin our sea view :evil::evil:

burn it hahahahaha just joking:lol::nono:won't happen

burn it hahahahaha just joking:lol::nono:won't happen
You are our hero, so no doubt you will solve this problem too, GSP!:bow::bow: :hug:

well if you can't change it!! use it!

It would still be nice to see some photos of the progress.

there are 3 new updates on the blog enjoy:banana:

Thanks for those photos.

there are 3 new updates on the blog enjoy:banana:

Thank you GSPM.

GSPM is Gulf Shore planning to work 24h or two shifts at the Atlantic site?

Source: http://picasaweb.google.com/Alrostamani.pegel/HelicopterTourAboveDubai#
http://img371.imageshack.us/img371/5517/98359499lm5.jpg

http://img371.imageshack.us/img371/3677/72463262fv0.jpg

Thank you GSPM.

GSPM is Gulf Shore planning to work 24h or two shifts at the Atlantic site?

yes we will as soon as all is cleared, i want to complete this tower before the end of next year, my goal to myself, and a promise i made don't want to go back on my word if i can help it

GSPM what is it that has to be cleared, the site,the plans,the overdraft, please TELL

GSPM what is it that has to be cleared, the site,the plans,the overdraft, please TELL

authority approval for cut-outs but we will have it late next week, there is some new photos on the blog, and the virtual tour now please be nice, it is my first video but it will be better as i get more confident with it, enjoy till next time

Well done Stephan,dont hold your breath for that phone call from Hollywood:lol:,but it really is fantastic for us to see what is going on,the video is a great idea.

VIDEOS A GREAT IDEA GSPM cant wait for that next floor ,then maybe you could give us a video of the views of marina

Quote from Property & Investment in Dubai: Your questions about the market

Well if you look at the Atlantic update, then we are all pretty much sure it will be ready in December 2009. :laugh:
http://atlantictower-dubai.blogspot.com/ ^^


You have a great project manager but not December 09 great !! more like June 2010 I would think
GSPM what do you think is it going to be June 2010?

I found an Ad which state the Atlantic will be ready March 2010
http://www.gnads4u.com/doc.html?_a=view&id=4483847

well diveksa let everyone decide for themselves, my goal is end 2009 and I'm sticking with it.

You remained me of senator Obama. You are young. You use the latest technology to communicate with us. You give promises (I hope you can achieve it). :hahaha:

The dates are changing and owners need to manage their cash. We need to know when to make the 4th payment, 5th payment and the final payment. Also, owners want to plan their move to their new home like Pleth.

We need from you to update target dates every 3 months so the owners can manage their cash.

The Atlantic owners do not have control over the target dates but they have to plan their payments.:gaah:
Last time it was med 2009 now it is end of 2009:wallbash:. Now you have only 13.5 months. You are promising end 2009. What about Kaveri? Are they OK with this date?

I am very happy with what you are doing in your Blog and this forum and I hope other project learn from what you are doing for the Atlantic.:nocrook::applause:

^^If only I had a Mr.GSPM on the Bay Central dev. You guys are very lucky! A lot of other developers should learn from this Atlantic dev.

Hi GSP Manager, I tried to write on your blog, but I find it quicker to do here, so here it comes:
THANK YOU SO MUCH FOR UPDATING US, AND THE FANTASTIC VIDEO!!! WAOW, IT IS SO NICE OF YOU THAT YOU TAKE TIME TO DO THIS :colgate: :cheer::cheer: :colgate:

Hi GSP Manager, I tried to write on your blog, but I find it quicker to do here, so here it comes:
THANK YOU SO MUCH FOR UPDATING US, AND THE FANTASTIC VIDEO!!! WAOW, IT IS SO NICE OF YOU THAT YOU TAKE TIME TO DO THIS :colgate: :cheer::cheer: :colgate:

thank you everyone its my pleasure and i will get the site to run as impressive:cheers: as the blog soon

Hi Stephan in your video you talk about the entrance to the one beds,do they share the same reception area as the two and three beds in the tower,or are they separate.

Stephan,i was also wondering if you now have the drawings you were waiting for.

Hi Stephan in your video you talk about the entrance to the one beds,do they share the same reception area as the two and three beds in the tower,or are they separate.

no they are separate from each other you will not be able to enter the 2 and 3 bedroom tower from the 1 bedroom tower side,we believe in diversity among piers, their the family we don't talk about:lurker::nocrook:Just joking everybody please don't take offense

Stephan,i was also wondering if you now have the drawings you were waiting for.

sorry yes and no we received the approval verbally but still waiting for the post tension drawings its been 3 weeks now but in general approvals takes 30 to 45 days, they accepted our proposal and we are just waiting for the drawings to return , it's normal and nothing we can do to push this any faster

no they are separate from each other you will not be able to enter the 2 and 3 bedroom tower from the 1 bedroom tower side,we believe in diversity among piers, their the family we don't talk about:lurker::nocrook:Just joking everybody please don't take offense
That is new to me. Will each building have a lobby then? Do you have a floor plan of it? :)

If you have the approval verbally,does this mean that it is all steam ahead or do you physically have to have the drawings before you can move on.

That is new to me. Will each building have a lobby then? Do you have a floor plan of it? :)

pleth are you joking you don't know this?, lol i will explain this in a virtual tour, but as you saw on the virtual tour i posted there is two lobbies. but i promise to explain this in full detail next time

If you have the approval verbally,does this mean that it is all steam ahead or do you physically have to have the drawings before you can move on.

we physically got to have the drawings before we continue any works, its the law!:bash: