Name: Al Saqran Tower
Floors: 37
Height: ?
Use: Res + Com

http://i1.tinypic.com/nlzf29.jpg

http://i1.tinypic.com/nlzf9i.jpg

found this one yesterday while passing by
rather weird design

next to mag 214, assume it's on the r cluster

added to emporis

Another one :D

oh wow! :)

rather nice and weird if u ask me...some quality stuff coming out of JLT these days(besides that new fortune tower YUCK!!!)...how come we missed this one?
R

A very nice one, and here's my contribution:

http://i1.tinypic.com/nmgivc.jpg

:cheers:

This will be a unique design for Dubai. A very good one
I might add.

weird but unique and nice.

I think there are about 75 known towers for JLT now.

The crown looks stunning, must inspired by palm tree..:)

I honestly think JLT will look better than the marina. I agree the lake isn't particularly big but the designs of the towers quite a bit better in general.

mhm you could be right, JLT could LOOK better than the marina, but that's it.

JLT will be way more organized, i wouldn't even say the designs are better but it might look better in total, true.

JLT ... i am betting on JLT ... i think the finished product is really going to be nice

btw malec, no offense or anything but it is rather funny how you judge which could look better without having even seen the sites in real life ;) :D

Just based on the designs of the towers I think it'll look better. Of course they might turn out different but I'm going by what I see in the renders until they get built ;). To live in, the marina would probably be better though since it seems more lively.

By the way are there any footbridges and such planned so people can walk from JLT to the marina and back?

Of course the towers might look different

Definitely one of my favorite design in the JLT. It's quite unique.

the top somehow looks like an optical illusion
it's leaning to the right, isn't it?

Plot R3

height is 130m

only 130 with that roof?

37 x 3.5 equals to 129.5 so that would make the whole roof half a metre tall .. :weird: Wtf?

^^ who said the floor height is 3.5m?

it is average.

and this one is Res + com... on give 'em 3m floor height which is minimum (i mean this is not floor to ceiling height) then we would have 19m for this massive roof.. anyway..

is this tower scrapped?????????

i highly doubt it since it is still on jlt's website:

http://jlt.ae/jlt_launch/tower_details.aspx?id=105

R

hmmm....cant seem to find much in way of info on it, is there a developer website?

14/July/2007

AL SAQRAN TOWER

http://img253.imageshack.us/img253/2483/imresolt054va0.jpg (http://imageshack.us)

http://img45.imageshack.us/img45/3332/imresolt050xo5.jpg (http://imageshack.us)

31/Aug/2007

AL SAQRAN TOWER

still not rising

http://img239.imageshack.us/img239/9273/imresolt051bh7.jpg (http://imageshack.us)

http://img444.imageshack.us/img444/6748/imresolt052fo0.jpg (http://imageshack.us)

18/October/2007


http://img98.imageshack.us/img98/9070/imresolt085sf5.jpg (http://imageshack.us)

http://img512.imageshack.us/img512/3938/imresolt088ee8.jpg (http://imageshack.us)

piling done, they are breaking the piling caps and excavation works has started

06/November/2007

AL SAQRAN TOWER

http://img134.imageshack.us/img134/2010/imresolt094ko7.jpg (http://imageshack.us)

http://img262.imageshack.us/img262/393/imresolt095en8.jpg (http://imageshack.us)

Special THANKS to IMRE. Finally they had started doing something. I hope I will not die till they complete the building. :lol:

guys , are they working anything on this tower ?

this is new foto at 24.12.07
http://chatru.com/uae/index.php/topic,78651.15.html

thanks for the link !

now, I can see this project as well:)

08/February/2008

Al Saqran Tower

http://img182.imageshack.us/img182/6663/imresolt01yq2.jpg (http://imageshack.us)

http://img211.imageshack.us/img211/8199/imresolt02sg4.jpg (http://imageshack.us)

Good job Imre! Thanks a lot!

How do you assess the progress there? I understand that this project is late in terms of progress, but let experienced people on this forum speak out on the completion date of this project. Also please forgive my ignorance, but what comes next at this stage?

Everybody's opinion would be highly appreciated.

thanks, progress is very slow there , I would say the completion is around 2010-2011.

piling done ,dewatering now and I think they are waiting for the main contractor. Any info about this, which company?

The developer is PIM (Property Investment Market), I bought 1 bedroom there and I am half way through the payment. I regret this purchase so much, due to the fact that at the time I was offered other projects within JLT that I see presently progressing very rapidly. What would you guys suggest I do, sell or wait? I hoped to settle there one day. SO DISAPPOINTED with my choice of the developer. :bash: Luckily we own another 1 bedroom in BAY X1, I am glad to see that one rising.

I would like to know what Imre think about PIM ?

what news about this project.

I would like to know what Imre think about PIM ?

What is PIM?

PIM this is Property Investment Market. www.pim.ae

Are they doing anything on this project ?

"From Warsaw" do you have any news ?:ohno:

Unfortunately I have no info. Payment had been delayed by 6 months, so I believe they should start doing something in May-June. At least they are not asking for money. :ohno: But judging from IMRE's photos they are ready to proceed to the next stage. Let's be patient, because that is the utmost we can do (fruitless efforts of other investors struggling with their developers in JLT and all across DUBAI make me be patient).

I saw this site 2-3 times this week but no workers there, I will check again maybe it was in lunchtime or theyare waitong for the main contractor.

29/February/2008

Al Saqran Tower

http://img246.imageshack.us/img246/4801/imresolt07zy6.jpg (http://imageshack.us)

http://img84.imageshack.us/img84/5916/imresolt08id8.jpg (http://imageshack.us)

http://img84.imageshack.us/img84/9624/imresolt13gv5.jpg (http://imageshack.us)

Thanks Imre , it means a lot as we are not in Dubai !

This is not a lunch time for sure. They probably are waiting for the main contractor. I will call them on Monday to see what's going on. Thanks a lot to Imre for the view of course!

Tell us what they said !

06/March/2008

Al Saqran Tower

good news, few workers there:)

http://img177.imageshack.us/img177/4820/imresolt05fd2.jpg (http://imageshack.us)

http://img206.imageshack.us/img206/6218/imresolt07yh2.jpg (http://imageshack.us)

It really is good news Imre:)

Please keep the photos coming, I am so glad you have the view of the site from your apartment. Thanks!!!

I would like to thank Imre too!

I am a brandnew member and as yet dont own anything there (still researching) but i still felt obliged 2 send a special thanx 2 "Imre". It seems he is a kind soul with all his quality pics

A question to all tho,
I have gathered that the 2 Al Saqran and Vista Del Lago buildings are going very slowly and years behind their schedules - BUT it seems that to buy, they are relatively cheaper than other similar projects - wud you guys invest in them despite the lenghty delays.

Many thanks

Hi..I am planning to buy a Property in Al Saqran Tower. I can see that some of you posting on this forum own properties here. Can anyone help me with some developer info. I have been doing a search on the net but cant seem to find any information on PIM Or on "Bassam Saqr Abdul Hadi Al Saqran" who is mentioned as the developer of this Project on the JLT Website. The Pim website is not even listing this project as their development, and it appears to be just a regular Real Estate Company's website. I tried calling them but they dont answer the phone.I will appreciate if anyone can send me the phone numbers etc and if anyone is aware of their Rera status.

As mentioned by Mazi, the properties in this project are relatively cheaper than other JLT Projects, so are seeming to be a good buy, even though its delayed.

Thanks.

I bought my studio true Rustar real estate agency
www.rustardubai.com
the developer site is www.pim.ae , but it's not that much good.

Tower was to be completed by the end of December 2008 , so he is still not years behind the shcedule , but he will be late for sure !

I am going to Dubai on 5th May , I will let u know what's going on !

Hi every one, I bought a studio flat in this project during pre-launch time from Property Investment Market.Now im offering the apartment for sale.Details of the unite is:
Type: Studio flat
Size: 358 sq.ft
Unit#: 1306
Floor: 13
View: Shaikh Zayed Road
Parking:1
Price: Dhs. 393,800
Trfr. fees: 2%
The developer of the project offering easy payment plan each 3 month, i made 2 installments so far.
Total amount paid is Dhs. 120,000.Next payment due on 10/05/2008 .
Any one intrested may call me on 00971 50 798 1444

Hi guys & girls

does anybody know if the Al Saqran developers are listed by RERA and have the so called Escrow account???!!

Hi,
Kindly note that i already sold my studio.I have now information that the Escrow account for this project is under prosses with Abu Dhabi Commercial Bank.

Good luck for all of you.

Al Saqran Tower

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

Please guys, is there no UPDATES on this tower? What's happening???

barely anything...

Dubai Addiction, are you in Dubai, do you see this site - i mean what is wrong with them? who is the developer, coz according to emporis the developers are "Bassam Saqr Abdul Hadi Al Saqran & Jassem H A Zainal". so who is PIM then? has the developer changed?
"Bassam Saqr Abdul Hadi Al Saqran & Jassem H A Zainal" have been listed as approved developers by RERA which i suppose is a good thing! but there is no mention of PIM or the project itself (Al Saqran)!!!

Can any1 with a bit more knowledge elaborate plz

ps - i think Imre is on holiday ;-) (not that he doesn't deserve it tho)

Mazi, I don't live in Dubai but if you look at Imre's updates and see what Al Saqran's tower progress is from the beginning I wouldn't expect much happend. Btw, Imre is not on vacation but he propably has more importent things to do at the moment.

Hi there Mazi,

I am also a "proud owner" of 1 bed in Al-Saqran "Tower", which is nothing more than a "Basement Tower" at the moment. :ohno: In your post you have mentioned that they are registered with RERA. Can you kindly provide the link with info.

Thanks a lot.

Hi,
PIM(Property Investment Market) is the sole agent of selling this property appointed from the developer (Bassam Al Saqran).They changed the contractor and The new contractor should start with in 10 days from now.The price of the unites in this project is quite cheaper compared with other developments in same area that makes more demand on this project despit the slow progress in works.

Soheb seems to be a well informed person on this project, what else can you tell us?

FromWarsaw,

This is the link:

http://rpdubai.ae/rpdubai/jsp/template.jsp?lang=0&&pageID=10011&&txnID=3002&&regDevelopers_p_=1&regDevelopers_mr_=25&regDevelopers_f_developerName=bassam%20

progress go on.


http://chatru.com/uae/index.php/topic,102835.0.html

My Uncle offering his studio flat in this project for sale.Details of the unite is:
Type: Studio
Size: 412 sq.ft
Unit#: 1305
Floor: 13
View: Shaikh Zayed Road
Parking:1
Completion Date:30/12/2009
Original Price: 298,700 AED
Premium: 195,700 AED
Transfere Fees: 2,000 AED
Agency Fees(2%): 9,850AED
TOTAL: 506,250 AED

Amont paid so far is 25% of original price (e.g. 74675 AED),balance is 75% in easy payment plan direct from the owner each 3 months.Next payment due in May2008 of 15%.

According to Russian forum someone visited the construction site and was told that contractor for the project had been recently changed ("Nakheel disapproved the previous company") and new company commenced the construction on 16 March.

Let's hope for the best.

By the way link provided by Mazi is dead.

I was thinking to sell my studio but now I am starting to change my mind , since they started construction again price went up again , hmmm

I hope the construction will continue !

According to Russian forum someone visited the construction site and was told that contractor for the project had been recently changed ("Nakheel disapproved the previous company") and new company commenced the construction on 16 March.

Let's hope for the best.

By the way link provided by Mazi is dead.

Fromwarsaw, link isnt dead - you just have to do a search
go on RERA website: http://rpdubai.ae/rpdubai/home.jsp?lang=0
or if this didnt work, the do a google search for RERA UAE (that's how i found it in the first place)
there is a list of approved ....
click on approved developers, then in the search box, do a search for the developers (put first name or surname in)
Hope you find it

Thanks for the help Mazi,

I did find their name in the list of approved developers, now let's hope they will go ahead with the construction.

Regards.

Anyone can suggest, if it is worthy to buy a Studio in this tower now? Let me know. Thank you.

This is the link to russian forum, where they have posted pictures from 07.04.08. They are doing something - better than nothing...

http://chatru.com/uae/index.php/topic,102835.0.html

Any news? Anybody?

May be Soheb knows anything? Please respond to this. I feel like I am the character of the movie " I am legend" where Will Smith keeps talking to himself. Isn't anybody interested in this project? Next payment is due in May - has anybody received any info from the developer? Many questions - no answers. :ohno:

deleted

What do you mean? Are you kidding me?

dont worry, I just wanted to post pics of another tower and I put it on wrong thread..

Next week I am in Dubai , I will see the plot.

Whow!

I thought so. For a second my entire trip to Dubai of 2006 came before my eyes and I cursed the day I bought this apartment. I am glad you made a mistake man!

Hope to see new pictures.

Good luck.:lol:

I am going to Dubai on 5th May , I will go to developer too , and will give you the news !

Thanks guys,

I am looking forward to hear some good news from you. Lets keep our fingers crossed.

I drove by the tower last night and all I saw was a big hole in the ground. I am not sure if they are working during the day but I didn't see any workers at night.

I will drive by during the day and I will call PIM on Sunday to find out what is going on

^^
Daflanger,

Please keep us updated should you visit developer's office. Unfortunately I can't
visit Dubai at the time, therefore I have to rely solely on info from people on the ground. :bash:

Any news? Anybody?

I spoke to PIM today and they told me construction was going on and they were active today. I will visit the site during the day to confirm that

Please do. It is very important as they will probably request payment in May.
I would love to know about the progress. Looking forward for some info from you, better yet photos. :)

Thanks a lot.

No news? Imre?

Visited the site today, there are workers and construction has resumed. They were lowering the steel. I will visit again in 2-3 months

^^
Thanks a lot for info. Looking forward to see some photos from people on this forum.

Hi guys I was just on the site and the area around Al Saqran is looking great .The metro station is right in front of the tower.
There were some workers there and it looks like they are starting with construction , i hope they continue!

But they still didn't get Escrow account by the way!!!

I went to Better Homes to sell my studio , they said they can't publish the apartment as they don't have Escrow account yet , but it's in the proccess .

I don't know how to put photos

^^^^
Good to hear from you. Please try to post the photos as it would be great to see what's going on.

I saw the site today , workers there, so under construction .

I took some pics from the Goldcrest roof, will post tomorrow.

^^

Thanks a lot, looking forward to seeing them. :)

I would put pics but i don't know how , anyway Imre will put them so it's ok.

I must say that once the tower is ready it will worth lot more .I was very surprised how good it looks JLT and Dubai Marina with metro going true .When u compare it with some other areas like international city Arabian ranches Silicon oasis , all far from the sea and just sand around.

you have to put on the www.imageshack.us or www.tinypic.com site and after copy here the right line

15/May/2008

Al Saqran Tower

http://img169.imageshack.us/img169/1550/imresolt027sy9.jpg (http://imageshack.us)

http://img120.imageshack.us/img120/6869/imresolt028ym3.jpg (http://imageshack.us)

http://img511.imageshack.us/img511/7611/imresolt030sq7.jpg (http://imageshack.us)

Thanks IMRE,

Your efforts are highly appreciated. Moreover I am glad you have the view to this damn hole from your balcony. :) Cheers.

thanks,

no, this view from the roof:)

Developer says their Escrow Account is being processed. Could that be a reason for them not to start construction? Also if I sell now how much I could get considering that I paid around 900 dhs/ft at the launch?

Warsaw, this is the first time I took a look at your towers progress, do I see right or is that still a hole in the ground ?

Warsaw, this is the first time I took a look at your towers progress, do I see right or is that still a hole in the ground ?

You are absolutely right, it is a hole in the ground and really do not know what to do next. I heard from someone that agents refuse to put apartments in this tower for resale due to lack of escrow account. Could it be true?

I bought it 2006 and already made 3 payments. Then some 6 months ago I had received an e-mail from them regarding construction delay and eversince they haven't asked for cash.
I love its location, next to metro station front row at SZR etc.
But I really think about swaping it to something else in the neighbourhood. What would you suggest?

First try not worry too much. The building looks nice, and Im sure it will look even better when finished. I would hold on a little more, cause it will get finished sooner or later. You said you had a friend who has an apartment there, and he will let you use it, so thats good. If you try to sell now every one will take advantage of you, and you dont want that. You have only paid three payments soo far, and there not asking you for any money, thats good. Remember the value of all of JLT is going up, even if your builing is late. You have the majority of the money with you that was going to go towards the apartment, invest in good short term investments, with little risk. Dont be late on any of the payments that are on contract, they will have to pay you penaltys, so thats good. Dont sign any new contracts that you dont understand, or will be worse for you. What you want to find out is the real reason, or reasons why your building is late. When my building was late, and not progressing well, I phoned the developer and found out there was a new director, and was surprised the old one was not working there any more. I sat on the first plane and went to dubai to meet him, and built a new relationship with him. Ever since the new director took over, the building progressed very good. I later found out that the old director was not paying the companys that were doing the building, and thats why it stoped progressing, a stupid reason like that, can you believe it.

All in all, its not as bad as it seems. Do the best that you can with the resorces that you have.

^^
Thanks for your concern, it is much appreciated. I can visit Dubai in November the earliest. I guess untill then I will have to be patient but once I land there I will visit the site to witness the progress, if any, and then go to developer's office to see what's up.

Cheers. :)

hi ,
i went to the site today and there were workers there ,they did some work in this last month , will try to put photos later.

i got offer for my studio 430.000 aed , but i decided to wait a bit as i see they started to work on the tower and the price will go up.

i will visit developer office this week and i will let you know what they said.

<a href="http://tinypic.com" target="_blank"><img src="http://i28.tinypic.com/28tg9hf.jpg" border="0" alt="Image and video hosting by TinyPic"></a>
<a href="http://tinypic.com" target="_blank"><img src="http://i31.tinypic.com/2udxixw.jpg" border="0" alt="Image and video hosting by TinyPic"></a>

http://i31.tinypic.com/2udxixw.jpg

http://i28.tinypic.com/28tg9hf.jpg

http://i30.tinypic.com/2m63g47.jpg

Wow, haslok2000! This is some good news. It looks like they are starting to do something. I don't want to get too optimistic about the progress, but its definitely a positive change.

Lets hope that they will commence the construction on bigger scale like Wind Towers did recently.

Once you get to developer's office please ask them who the main contractor is and when they intend to set up the main crane.
i am looking forward to more good news from you haslok. Good luck.

hip hip hurrrrraaaaayyyyy

hip hip hurrrrraaaaayyyyy

I sure hope so. :)

Haslok, any more news, photos?

I passed by the site today and seems work is progressing. Workers were present is good numbers. I will try to get some photos taken in the next couple of days

^^
Its good to hear that. Please arrange some photos if you can. Thanks.

i think you will see progress warsaw, any way you looking forward to the poland croatia game tomorow ?

i think you will see progress warsaw, any way you looking forward to the poland croatia game tomorow ?

Frankly Poland does not stand a chance when competing with other teams that are displaying brilliant performance out there, like my personal favourite - Netrherlands. But we will see today. :)

Hi , I just spoke with Maria from PIM and she informed me that the progress is as planed and that the target date is end of 2009 , they will start with basement now, as she said.
But I will go and check the site in the next few days.If I have time maybe tomorrow!!

But don't worry they are working now, not like before :)

^^

Hi Haslok. How is the weather in Dubai right now?:lol:

I have been annoying everyone, asking to take photos of the site. So please make my wish come true. :)

Since there is a new "target date" of end 2009 she has mentioned anything about revised payment plan?

Do not forget the photos. Cheers.

Hi :)
It's hot hot hot , but at the beach is ok !

Don't worry I won't forget the photos :)

http://img148.imageshack.us/img148/6516/alsaqib6.jpg (http://img148.imageshack.us/my.php?image=alsaqib6.jpg)

http://img148.imageshack.us/img148/7505/alsaq1lr0.jpg (http://img148.imageshack.us/my.php?image=alsaq1lr0.jpg)

Its looking good warsaw

^^

Thanks Imre for finding time and snapping some photos at such short notice and regards to Tony for placing it on the thread. Finally, its starting to look like something. Noir-dresses what do you think of handover 2 years from now - realistic?

End of 2009 seems reachable but handover will be beginning 2010 most likely

Honestly would'nt kill my self thinking of hand over, as long as there progressing, and you know it will be done, thats whats important. Its nice to see that every time you see a pic something new was done, and you can visually see progress.

Hope your feeling better

^^
2010- I drink to that. :cheers:

Noir-dresses, ever since I started to see progress I became more relaxed and stopped worrying about it. It seems like developer had commenced serious activity at site and that is enough for me.

I will be in Dubai in November and until then I can concentrate on other issues.

17.06.'08.
I couldn't get closer to the site :(
http://i30.tinypic.com/e0suis.jpg
http://i30.tinypic.com/21mhv84.jpg

Well done Haslok, construction site looks quite lively, unlike before as you have correctly mentioned. :)

This tower is next to my tower Saba Tower II. I just went by to look at the building and progress is being made but unfortunately they are using cheap steel to build this tower:ohno: Some towers are going cheap these days due to high steel prices and are using cheap steel imported from China. If you compare the steel that they are using on this tower to others in JLT and some in other areas you will be quite unhappy with the quality of material they are using.

They are working and progressing but this will definitely be a high end building when finished. Reminds me of what the Gates building next to Saba is like:nuts:

22.06.08.
work in progress

http://i26.tinypic.com/2cois82.jpg
http://i31.tinypic.com/245wtaq.jpg

22.06.08.
work in progress

http://i26.tinypic.com/2cois82.jpg
http://i31.tinypic.com/245wtaq.jpg

This tower is next to my tower Saba Tower II. I just went by to look at the building and progress is being made but unfortunately they are using cheap steel to build this tower:ohno: Some towers are going cheap these days due to high steel prices and are using cheap steel imported from China. If you compare the steel that they are using on this tower to others in JLT and some in other areas you will be quite unhappy with the quality of material they are using.

They are working and progressing but this will definitely be a high end building when finished. Reminds me of what the Gates building next to Saba is like:nuts:

I don't know to what extent you are a construction materials expert, but if they are really using cheap steel that is very discouraging. However I have waited for construction to start for so long that at the moment that has very little significance. On the other hand what can we do complaint?
So let them build this tower albeit made in china. :)

It does'nt matter where the steel is from, there are strict standards for the building codes, and Im sure the steel will meet the guide lines. Second of all how qualified are you to make a statement like that ? Stop putting salt in his wounds, I think he's sufferd enough.

Nice progress buddy

^^

Thanks :) I will try to ignore assessments and evaluations of "experts" in the future. Cheers.

don't worry , they have to built by standards , who cares from which country material comes from.nowadays almost everything comes from china!

Are you still in Dubai Haslok? If you can hang on there till November I will join you and we can inspect the quality of construction materials supplied from China :rofl:

I hope I will be in Dubai until then , I just got job here!

We can make the inspection no problem , just call when you come :wink2:

I will put some more pics on Sunday !

29/06/08

http://i32.tinypic.com/1yww84.jpg
http://i27.tinypic.com/j5jew0.jpg
http://i28.tinypic.com/2mmib07.jpg

i just want to ask what is the description of al saqran tower? and aside from that when the completion date? many thanks:)

^^
Al-Saqran is the last name of the developper. Completion date apprx. 2010.

Haslok congrats with the new job in Dubai, if you are not joking of course. :lol:

Its great to have someone there to monitor daily activity at site. Keep it up. Cheers.

no, no joke !

i will put photos once in 2-3 weeks :)
and I will call developer from time to time!

According to Russian forum someone visited the construction site and was told that contractor for the project had been recently changed ("Nakheel disapproved the previous company") and new company commenced the construction on 16 March.

Let's hope for the best.

By the way link provided by Mazi is dead.
Actually, it was me who visited site & posted that stuff.
Hi, everybody! :)

Are you still in Dubai Haslok? If you can hang on there till November I will join you and we can inspect the quality of construction materials supplied from China :rofl:

BTW, tomorrow I'm going to the site with one of my friends & he will check the quality of the steel - he is a good specialist in this field.
But anyway I think that the steel is ok. I don't thik that PIM using a crap.

WTF OMG OMFFFFG

BTW, tomorrow I'm going to the site with one of my friends & he will check the quality of the steel - he is a good specialist in this field.
But anyway I think that the steel is ok. I don't thik that PIM using a crap.


Welcome IGOR. I frequently visit the russian speaking forum where I see loads of valuable information provided by yourself. Therefore I am sure you can contribute to this thread by placing your comments about Al-Saqran. By the way PIM is still not requesting any payment is it odd or natural?

hi everyone. ive bought a studio from al saqran too. i have to say the posts/pix on this forum have been a boon to me- as im sure to the rest of us-sitting miles away, a big thank you to all of you. im not quite sure what the 'wtf omg' msg was trying to convey though.... and wud love to be put out of my ambiguity ! cheers

welcome neighbor

I will try to put some new photos this week !

dont forget about me buddy

tnx noir. glad we're in the same boat on more than one front !

Welcome IGOR. I frequently visit the russian speaking forum where I see loads of valuable information provided by yourself. Therefore I am sure you can contribute to this thread by placing your comments about Al-Saqran. By the way PIM is still not requesting any payment is it odd or natural?
Hi, Pan! :) & thanx!
So, I've been on the site that day & had a talk with Osman - one of the directors of PIM & Al Omran Contracting (BTW he is there everyday now, all day long). They supposed to start pouring a concrete last Thursday (going to check it tomorrow). He told me that an Escrow Account to opend soon (not a first time indeed :lol:). As regards to payment he said that those who paid 30%+ should not pay 'coz the construction is delayed at least for one year. But anyway don't get relaxed - it would be better to contact him/them personally. :)
As I stated before I was planning to go there with friend of mine who is in steel business - his verdict was "steel is ok" :banana:
Osman assured me that no steel will be used for construction unless it passed laboratory' testing & further approval of concerned authorities.

Just came from the site. Moving. One of the staff told me they are going to pour a concrete today.
So, let's see...

^^
Any news about the concrete pouring?

done, so its time to rise now:)

23/07/08

http://i34.tinypic.com/14xf7s1.jpg
http://i35.tinypic.com/14943sh.jpg

This is view from entrance to MAG 214!

please use www.totallyproperty.com or similar

Hello everyone,

Its so good to see progress that we all missed so much for a long time.

i will try to visit the site this weekend and take some new pics

dont forget about me, get a couple of angles if possible, thanks. Roof, and lobby interest me the most

how are those pics coming along haslok ?

Long time no photos. Come on Haslok where are you? :)

HI, GUYS, I JUST JOIN THIS FORUM. I AM INTERESTED TO BUY A STUDIO IS THIS PROJECT. IF ANYBODY WANTS TO SELL PLEASE CONTACT ME I AM A CASH BUYER .ANY IDEA HOW LONG ITS GONNA TAKE TO COMPLETE THIS PROJECT.

i was on the site few days ago , but it was late around 11 and there was nobody on the site and no workers also ! on the other sites they were working !

but they put main crane , and they are finishing bacement , it's going up guys.

pics this weekend i promise :)

What a surprise that Saqran's workers are resting at night rather than working their asses off (considering our project is behind entire JLT for sure). But hey crane is up and that is the good news. Haslok some photos come on :)

http://i33.tinypic.com/o52hdy.jpg
http://i34.tinypic.com/2mpgzeu.jpg

Good job Haslok,

It's great to see progress at site, it never looked so organised before. Can't wait to see them above the ground.

me too my friend !
by the way when i bougth this flat it was just two of us , now we have daughter and studio will be small for us.
maybe you will rent out your one bedroom for me ;)

^^
Well, may be I will :lol:

Let's wait to see how they progress, I am really glad that you are there, updating all of us on the status of our building. Great effort.

Good day!
I am from iran,
We have bought 2 studio flat in al saqran tower 17 months ago,according to the agreement
the completion date is early 2009! as the construction in the basement at present i think
the completion date is end of 2010 or mid of 2011!
whats your idea about it?

i think maybe end of 2010 ,

i should say i hope !

I agree - end of 2010, at this rate!

I think not before than 2011 :)

29/Aug/2008

Al Saqran Tower

http://img295.imageshack.us/img295/4968/imresolt248tp8.jpg (http://imageshack.us)

http://img291.imageshack.us/img291/1127/imresolt250sl0.jpg (http://imageshack.us)

haslok, warsaw, time to go shopping for some sun glasses, building is almost out of hole

yea noir , u like to joke with us ?? :)

wow two workers , or is it one ? maybe he is superman and he will finish until end of 2008 :) lol

I bought two apartments there - one for my Mom & one for renting out. Supposed to make it as a gift to her 55th anniversary which is in August 2009.

60th anniversary is more realistic



I bought two apartments there - one for my Mom & one for renting out. Supposed to make it as a gift to her 55th anniversary which is in August 2009.

One good thing about your building being late is you dont have to pay DMCC maintenance fees for little, or no service at all. Some of our neighbors are complaining there paying full scale fees, but theres no lights, lakes, walk ways, land scaping, etc. Take that as a positive inspiration, not to mention enjoying the rising prices of JLT, would'nt be surprised by the time you get your unit it will be much more than 2000 AED sq/ft.

One good thing about your building being late is you dont have to pay DMCC maintenance fees for little, or no service at all. Some of our neighbors are complaining there paying full scale fees, but theres no lights, lakes, walk ways, land scaping, etc. Take that as a positive inspiration, not to mention enjoying the rising prices of JLT, would'nt be surprised by the time you get your unit it will be much more than 2000 AED sq/ft.
Yes, you're right. But instead we're paying high rents for our apartments.
I would rather pay all those fees than rent an apartment. :)

haslok, warsaw, time to go shopping for some sun glasses, building is almost out of hole

Great idea, but unfortunately it still looks like I am going to wait for several years untill I can spend vacation in Dubai while living in my own apartment.

Is ur uncle willing to sell the studio he has. I am a direct buyer. Kindly call me on: 050-6451914



Hi,
PIM(Property Investment Market) is the sole agent of selling this property appointed from the developer (Bassam Al Saqran).They changed the contractor and The new contractor should start with in 10 days from now.The price of the unites in this project is quite cheaper compared with other developments in same area that makes more demand on this project despit the slow progress in works.

Do we have any bank financing this project?

i can not find it's name under any bank's financing list?

regards




....

Hello friends,
here are some photos for the project just taken recently few days ago.

http://img377.imageshack.us/img377/609/ssl115901wq1.th.jpg (http://img377.imageshack.us/my.php?image=ssl115901wq1.jpg)

http://img390.imageshack.us/img390/8696/ssl115962wo6.th.jpg (http://img390.imageshack.us/my.php?image=ssl115962wo6.jpg)

http://img254.imageshack.us/img254/1427/ssl116023ie3.th.jpg (http://img254.imageshack.us/my.php?image=ssl116023ie3.jpg)

Not bad, unfortunately everytime we have new photos there are few or no workers to be seen at site. What's up with that?

hi guys one agent offred me a full floor in saqran tower @ 1200 AEd per sqft please advise 30% is paid !!!!
regards,
faheem iftikhar

it's good price , others are offering 1350 aed/sq.ft

Haslok I realize how hard it is to get to JLT, but please take some pictures of the site. I will be forever gratefull. :)

he forgot about me to, I bet he has a new sexy girlfriend, thats why he does'nt have the time

^^

Is that so? Then what was the heart-breaking story of his studio in Saqran being too small for his wife and daughter all about.

Haslok even asked me to rent out my 1 bedroom there for his family needs. :lol:

Hi all. I spoke to PIM today and asked them about payments as I told them I was waiting for the Escrow Account to be activated in order for me to pay. They told me the Escrow account is ready bit has not been activated as yet. And that I can continue paying to them???

I am a bit unsure about this as I know we have to pay into the Escrow Account. They guys at PIM are very nice but still I need re-assurance. How is everyone paying?

^^

Have they requested the payment or this is your initiative? I have paid 30 percent of the amount and have not been asked to make any further payments by PIM untill the Escrow Account is activated.

Moreover, I think someone on this forum has conacted PIM before about this issue and was told not to make any payments provided that 30 percent has been paid.

Please clarify...

I spoke to PIM a couple of months ago and they told me wait for the Escrow Account. I already paid 30%. But when I spoke to them today they told me you can continue paying directly. I told them what about the Escrow Account. They said it is setup but not yet activated. I am a bit confused now?

Hi, folks!
I spoke to the secretary of the PIM yesterday regarding payments of some of my referals 'coz they are calling me almost every month regarding this issue and she told me that "they do not have anything unless we (PIM) tell them to do so".
But to be on the safe side she told me that she will speak with the management and will call me back.

I will go to the site this weekend , but I don't think there will be much progress when you compare to the last time , it's only been two weeks :)

I don't know what to tell you about the PIM , but why you want to pay when nobody ask you to.Wait a bit. And also don't expect they will call you back , you have to call them all the time until you get your answer.

And Warshow and Noir I have to tell you that haslok2000 is a woman :) and don't have sexy new girlfriend ,
I have sexy husband and 20 months old daughter ;) so that's why I was busy :)

oh my good, my mistake, thought you were a guy all this time, what a dummy I am. You know that was just a joke, rite ? Well any way, your photos are great, its always nice to have some one that can be at the site, and give us updates. All the best.

don't worry i know you were joking :)) !

i will take some pis of your building too

Yesterday some guy told me that Al Saqran Tower construction was on hold ??

So I called PIM today to check it out and they said it's not true and that they are working on it , she wasn't pleased with my question and she replyed -the only thing we have put on hold is payment !

so i will go maybe today , during my lunch break to see if they are doing anything there now!!!

not on hold , it shows progress
17/09/08

http://i33.tinypic.com/28gqzxu.jpg
http://i36.tinypic.com/2qxua8k.jpg
metro station oposite
http://i34.tinypic.com/wklc2h.jpg

these are from mobile so sorry for the quality !!

Thanks Haslok for this update and photos are very good too.....i try to be on the site by next weekend and update you on progress....

I say progress is good, given its Aid period. Haslok's photos are not as sharp as usual :lol:, but its allright.

One more thing - Haslok beat almighty IMRE (no offense to latter):) with great updates, keep it coming!!!!!!!!!!!!!! :cheers:

someone has offered me a 412 sq ft studio for 600,000 dhs with parking and is one the 17th floor. is it worth this price? or should it be less? what you say guys??

someone has offered me a 412 sq ft studio for 600,000 dhs with parking and is one the 17th floor. is it worth this price? or should it be less? what you say guys??
Not bad.

it's not bad price , but you could find for around 560.000 , not less then that !

Don' forget IMRE is covering all JLT , I am just giving updates on Al Saqran :)

well there is something going for 550,000 dhs but it is small i think 395 sq ft. 600,000 dhs is for a 412 sq ft with parking. I know price is good but I have heard that al sarqan is involved in "dodgy construction". not sure but that means but i think it means construction delay. is that true? is this project facing delays? i know its UAE and there are delays but before investing just want to be sure nothing dodgy is going on. please advice guys.

I also think it is a good price considering that the tower is very close to Sheik Zayed Road and more important that it is very close to the metro station located between interchange 5 and 6..just two minutes walking and this is something that buyers will look for once the metro starts on the 09.09.09...no one can deny the long delay but at least the development now is at the piling stage and looking from a positive point of view is the fact that the longer time the tower takes to be completed the higher the price will be at the end

I also think it is a good price considering that the tower is very close to Sheik Zayed Road and more important that it is very close to the metro station located between interchange 5 and 6..just two minutes walking and this is something that buyers will look for once the metro starts on the 09.09.09...no one can deny the long delay but at least the development now is at the piling stage and looking from a positive point of view is the fact that the longer time the tower takes to be completed the higher the price will be at the end


bayern i understand that there was a delay its UAE delays occur i understand. But i think for this project there is no escrow right?

there are delays and its better i agree with you but what others have said about this project do concern me. especially that it was launched a long time ago and till now the development is at the piling stage. 2009 will not be the completed date instead 2010. i want to invest but just not sure about this. please help guys. has anyone heard anything from the developer?

i think the next payment is in december 2008 and then april 2009. is payment based on the construction? so if there are delays the december payment will be pushed back into 2009? is that how it works? anyone?

it's good project on the good location . nowadays there are no garantees about anything , until you get the keys in your hand !

investing is also a risk , if you can't take it don't play!

if you want something safe , take something which is ready to move-in , but they are also very expensive .

this project still has a good price !

they started construction in may this year , and they didn't stop since then , until now eveyrhting is ok.

the developer put payments on hold until construction starts to progress.

also the developer and the project are approved by RERA , and with new laws now it sould be ok.

i contacted PIM and they said everyhting is going fine , and they say handover is april 2010.

it's not bad price, but you could find for around 560.000, not less then that !
Certainly. But for the smaller studio, I think.

I fully ratify and confirm what Haslok stated....yes development is on and whenever I go cause I work here in Dubai there is always some progress albeit obviously we wish that the pace would have been faster.

I wanna know here parking spot is not included with apartment,we have to request after ownership.Is it right?

Hello. what site of pim company. pim.ae - this is "dead" page.
p.s. sorry for my english

www.pim.ae

www.pim.ae

i know. This page was not updated 2 years

I contact them only by phone

and the parking space is included in the contract !

PO BOX 85066, DUBAI, U.A.E.
Tel: +971 4 2215888
Fax: +971 4 2217333
E-mail: info@pim.ae

thank you guys for your info. by the way what is the update on the construction? has it reached the first floor yet?

no not yet ! now they are on 2nd level of basement , and there are 5 levels in basement , btw those are parking spaces

Hey Haslok still no photos, come on!!!!!!!!!!!!!!!!!!!!!!!!!!!!
:):):):):):):):):):):):):):):):):):):):):):):):):):):):)

Today i visited the site,,,they are on first basement level,,,i think it will take more than 2 yrs to be complete,,,,as seems very slow,,,,as it was off so no worker was on site,,,as most buildings around it are in full swing,,,,,,why this developer dont have active website,,,I think this developer has only this project in all Dubai or do they have anything else,,,if they have only on eproject that might be the reason they are not interested in updating their website,,,Will they complete it or???

I just heard ,,,if developers dont complete their tower in JLT by mid 2009 ,,,so Law Article will protect developers to cancel the project,,,,Is it true or Rumor. As I came to know few towers are delayed,,,And construction cost has risen so developer can cancel the project,,,Any input on this ,,,thanks

Can u provide the photos if construction is going on or no??? Is there any progress or no???

Regards,
Jane 18

Can anyone suggest is it worth to buy in this tower,,,as I saw add about it one real estate agent is selling in this tower,,,so I am confused about developer reliability,,,will they complete it ot quit it,,,if they quit i will lost my premium if i pay,,,just need assurance about developer competency,,anyone comment on it,,thanks

^^
This is ridiculous that law in any country can protect a developer that cancels the project and deceives investors, of course it may happen that some scumback would run off with your money, but I don't think this is the case with this project.

True it is way behind the schedule, but payments are on hold and progress is there. I own 1 bed there and I am quite optimistic about the outcome of all this (although I bought in 2006:ohno:). As it has been mentioned numerous times before this is going to be one of the best looking towers in JLT area with nice location (metro, marina mall and etc.) So make up your mind and good luck!

I am optimistic too , as I am seeing progress since may 2008 . until then there wasn't much done.

there is no way that somebody can implement that kind of law.

maybe what you supose to hear is that DMCC (Master developer of JLT - took over from Nahkeel) is making presure on the each developer in the project to speed up , as the end of JLT construction is END 2010 , so everybody has to finish by then.

i will put some photos soon , but as you know now is end of ramadan and the begining of few days celebration ! nobody will work next week ! but i will visit the site.

Thanks a lot,,FromWarsak and haslok2000,,,I will definitely make up my mind for this...

I have not heard about this law....dont believe what all you hear cause you will get mad....what probably will be happening is that all the land will be registered within RERA registry so that eberyone would know who the actual owner is...i think it is in the positive direction........according to my common sense DMCC Dubai Multi Commodity Centre, will not let an eyesore ( i.e a big hole ) disturb her big project at JLT.....consisting but not only of a centre where diamond is exchanged...so in my opinion no tower will be left uncompleted by DMCC

^^
This is ridiculous that law in any country can protect a developer that cancels the project and deceives investors, of course it may happen that some scumback would run off with your money, but I don't think this is the case with this project.

True it is way behind the schedule, but payments are on hold and progress is there. I own 1 bed there and I am quite optimistic about the outcome of all this (although I bought in 2006:ohno:). As it has been mentioned numerous times before this is going to be one of the best looking towers in JLT area with nice location (metro, marina mall and etc.) So make up your mind and good luck!
I also bought two apartments there in 2006, April...
Fed up to wait, but still do not want to sell it.
BTW, weldind works are going there even at late evening - I was on the roof top of Gold Crest Views and saw the progres... :)

^^

Good to hear that construction progresses even late at night. Hopefully our patience will pay off. :)

When are they going to open the Escrow account??? I have asked them many times about it? They keep on saying, we are waiting for the owner to sign?? Once the Escrow account is open, everything becomes smooth!

If Escrow account will open they have to deposit all investors money into account,,,so they might lack in funds,,,otherwise it should be open by now,,,as last date to open Escrow is passed,,,,It will safe after Escrow account set ups,,,Thats y I m hesitating in buying with a lot of premium,,,,Why Escrow account not set up yet,,,bothering me,,,any suggestions from the investors,,,Thanks

I have just joined this forum and am also an owner in this project. I believe this is a great project, in an excellent location and ideally situated close to the metro station and with an easy access to the Marina. I have been following this forum for quite a while and very much appreciate the excellent informative contributions. Like many of you I am very glad that the construction is now progressing. However I am also starting to get concerned about the delay in the escrow account. I have been following up on this for several months now and get similar responses that this is awaiting signature. I am also concerned that there is no communication from the developer around the timing of payments.

I heard investors have stoped the payments till progress in construction,,,,and dont do payments untill escrow account set up,,,so developer is not asking for payments too as legally they cant ask without having Escrow,,,as now its law,,,and RERA says always buy those property that has Escrow set up,,,otherwise dont buy,,,so i m concerned they have started construction without Escrow account,,,,,may be they have set up Escrow??

^^

I have asked them to come up with new, revised payment plan, because the previous one is not valid anymore. However all we hear now is that "boss" is too lazy to put down his signature on some papers - joke, if you ask me. But then we could all relax as the payments are on hold. Let the developper worry about the escrow.

I think the person to sign all these papers is Kuwaitian and most of the time he is abroad and naturally during Ramadan he was away too so probably he will be back by the second week of October, cause i was told that he has so many papers and docs to sign...this always happen when he^^ returns from his travelling.

Yeap he is from Kuwait, so I was told when purchasing my apartment. Escrow is the final component for this project to be branded - safe and secure. Let us hope that this person will return from his homecountry or elsewhere and sign the necessary papers.

Hi all,

If yow have any news from Al saqran tower pls let us know.
Are there any worker in the site?

i will post some pics from the site tomorrow !

^^
Its about time we saw some progress. Haslok come on !!!!!!!!!!!!!!!!! :cheers:

I am getting studio 462 sqft at 6,30,000 on 15th floor .Is it worth price to buy. Any suggestions.
Thanks

im looking to sell my saqran apartment for aed 6,00,000. Its 462 sq ft and on the 4th floor (price includes parking). do get in touch at 0502837579 shd you be interested. thanks

Hi haslok,

How about your picture of al saqran?

^^

Yeah, that's exactly what I was thinking.

Apartment for Sale on 15th floor area is 412 sq.ft for around 6,50,000. direct from the owner.if anyone interested you can contact me on 0507692053.

hi all, im new to this forum.I also have a studio flat in this apartment.Can anyone please tell what about the construction progress,is it going on or no? Are there any workers at Site?What about the escrow account still they have not opened.It looks if the money invested will go in vain.Are there chances of canceling the project?What about the Contractor :ohno:
The Contractor is having enough resources or no to complete the Project????
Please reply somebody....

Construction is in progress as I saw site yesterday myself.Its said Escrow account will be set up soon as in process and project wont be cancel as construction has started. Al Imran is the contractor the name I saw on site. Completion is delayed due to delay in start but now it has started.

hi all, im new to this forum.I also have a studio flat in this apartment.Can anyone please tell what about the construction progress,is it going on or no? Are there any workers at Site?What about the escrow account still they have not opened.It looks if the money invested will go in vain.Are there chances of canceling the project?What about the Contractor :ohno:
The Contractor is having enough resources or no to complete the Project????
Please reply somebody....


First of all, you need to relax, because something tells me you can't sleep at night :). As it has been correctly mentioned the reason for delay was a slow start, but now judging from what members of the forum on the ground are saying and pictures of haslok (the ones we are yet to see :lol:) things are looking quite ok. Lets be patient.

Sorry guys I was sick :(
But now I am ok :)

Please people just stop this panic ! The construction is in progress and stop selling because you are scared .
Global financial crises still sisn't hit UAE !

I took pic's from the lake side , from the site , and in front of the site !
Enjoy as are workers were enjoying just 15 mints ago!
One more thing , they are building pedestrian bridge from metro station over to dubai marina , so it will be for us just walking distance , even better !

14 October 2008. around 12:00 h
http://i38.tinypic.com/35d7121.jpg
http://i38.tinypic.com/23sx9xl.jpg
http://i38.tinypic.com/n6zwco.jpg
http://i34.tinypic.com/2me4k6x.jpg
http://i38.tinypic.com/riey39.jpg

I hope that was a break, cause there sleeping on the job, lol :nuts:

Progress is visable

:) but some were working , taking stuff off the truck , don't be bad ;)