Project: The Summit
Type: Commercial (Condo-offices)
Floor Count: 38
Height: ?
Status: Approved
Construction start: ?
Construction end: ?
Developer: ETA Star

http://i3.tinypic.com/15miww2.jpg

http://i4.tinypic.com/15mix51.jpg

http://i3.tinypic.com/15mixbt.jpg

anyone else finding that spire out of propotion?

that's hot. I like it...but from the ad i thot it was one of the plots on SZR and not part of the marina! its part of the marina, the DMC stops rite next to the meridein.

so this is this the 2nd office tower in the marina.

R

this was one of the plots I told you guys about before that I saw at DM and there were supertall towers there. This could be the smallest of them and is still abouve 200m

The Spire above alone is almost as high as the lower office levels proportion..:D

The tower might got the height as equal as some 70 Storey Office tower?..:D

Very Intresting Design......but what i don't understand is why would someone from abroad invest in this when they could invest in a commercial in a Free Zone hence allowing them to setup with out sponsers etc.

But it's not right in the middle of the marina so probaly a good plot for this type of a tower.

i love the design

but i would say that these plots have nothing to do with the marina
they probably belong to media city

there will soon be the new interchange anyway, so construction won't start before the beginning of next year

at least now have the first tower to be built on these plots around the interchange

residential towers so close to this interchange wouldn't make sense anyway!



added to emporis, as eta star is already advertising it on their website

ETA Star launches condo offices with the AED 700 million The Summit in Dubai

ETA Star, a leading freehold property developer in the UAE has launched its latest project, The Summit, a 38 storeyed commercial and office tower located between Dubai Media City and Dubai Marina on Sheikh Zayed Road.
United Arab Emirates: 0 minutes ago

http://www.ameinfo.com/images/news/4/27044-summit.jpg
The Summit.

The AED 700 million project was launched at a press conference held at Dubai's Emirates Towers Hotel on Sunday, June 25, 2006. The modern tower is offered with the first-of-its-kind condo office concept which guarantees occupancy and investment return through a special rental pool system.

Abid A. Junaid, Executive Director, ETA Star said:

"The Summit tower will cater to small and medium investors looking for a guaranteed tenancy occupation and steady return on their investment. We are glad to bring a reputed global organisation Colliers International as our strategic partner to deliver this promise.'



Colliers International is a global real estate property consultancy firm with 241 offices in 54 countries, managing over 600 million sq ft of space worldwide.

John Davis, CEO, Colliers International Middle East said: 'The Dubai property sector is becoming increasingly competitive, making it necessary for developers to adopt a structured, professional and research-led approach to their projects. We are delighted to partner with ETA Star for The Summit project and pass on the benefits of our global structure, resources, experience and in-depth regional real estate knowledge.'

The Summit takes its name from the tower's imposing design and offers a total built-up area of approximately 1 million square feet. Comprising four basement floors, a ground floor for commercial space, six parking podiums and 31 floors of office space, the tower will bring a total of 420 small office units ranging from 1100 to 1200 square feet.

In partnership with Colliers International Middle East, ETA Star will also offer outright buyers the option of leasing out office spaces by placing these in a rental pool. Investors in The Summit will thus be able to earn steady returns without the bother of handling leasing and rental tasks. Colliers will take over the management and leasing of offices and will pass on rental incomes to the respective owners.

'Our project's location between Dubai Media City and Dubai Marina is itself presents an excellent ROI proposition for investors. The professional standards and expertise of our partner Colliers International Dubai will further contribute to efficient management and bring sound financial gains for our investors,' Junaid added.

The Summit will also be one of the first commercial properties in the region with upto 80% finance, being offered by First Gulf Bank.

ETA Star is one of the leading property development companies in the GCC. ETA Star's portfolio includes pioneering projects such as 23 Marina, Al Manara, Liberty House, Gold Crest Executive, The Belvedere and Gold Crest Views-2 and the recently announced Taj Exotica Resort & Spa and The Grandeur Residences at the Palm Jumeirah Crescent. The company had recently ventured into the Indian and Sri Lankan property market with the launch of 'The Gardens', an environment-certified residential complex in Bangalore and the Golden Enclave Residences in Colombo, Sri Lanka.

i seriously hope this basement is going to look acceptable :sleepy:

nice tower though, even the spire looks quite nice, but it is a cheater, no doubt. looking at this other render, the spire looks more realistic again.

good to know these plots are also to be built up, and will probably be built up with some more supertalls...
even though Res would not make much sense.

Looks like the top of Q1!

I count over 40 floors so it's likely the article leaves out tech floors etc.

anyone else finding that spire out of propotion?

ya, not liking the spike. it would be a more attractive without it.......

nice building .. but it is similar to other tower.. i dont know whats called but its almost complete. maybe Q1

ETA Star plans office tower
CONSTRUCTION UAE
30 Jun 2006

Local real estate developer ETA Star plans to build an estimated AED 700 million ($185 million) commercial and office tower on Shaikh Zayed road between Dubai Media City and Dubai Marina. Known as the Summit, the 38-storey building will have a total built-up area of approximately 92,900 square metres, and will comprise four basement floors, a six-level podium for parking and 31 floors of office space. The local Dar Consult is the consultant.

R

ETA Star lines up to invite bids for Summit tower job
http://www.itp.net/pictures/news/128p4200.gif
The US $191 million (AED700 million) tower will be located between Dubai Marina and Dubai Media City.
UAE-based property developer, ETA Star is expected to invite bids for the enabling package on its US $191 million (AED700 million) commercial tower, The Summit, in August, followed by bids for the main construction package in September.

Construction on the project is expected to begin in November this year with an estimated completion date of June 2009.
The Summit is a 38-storey commercial tower located between Dubai Media City and Dubai Marina. Colliers International has been appointed as the consultant, while Singapore-based Architect 61 is the architect.

Abid A Junaid, executive director, ETA Star, said: “The main construction package will most likely be awarded in November this year with tenders going out by September.”

The Summit takes its name from the tower’s imposing design and offers a total built-up area of approximately 90,000m2. Comprising four basement floors, a ground floor for commercial space, six parking podiums and 31 floors of office space, the tower will offer a total of 420 small office units ranging from 102m2 to 112m2.

ETA Star’s portfolio includes projects such as 23 Marina,
Al Manara, Liberty House, Gold Crest Executive, The Belvedere and Gold Crest Views-Two, and the Taj Exotica Resort & Spa and The Grandeur Residences on the Palm Jumeirah crescent.

The company has also recently ventured into the Indian and Sri Lankan property markets with the launch of The Gardens, an environment-certified residential complex in Bangalore, and the Golden Enclave Residences in Colombo.

Colliers International has 241 offices globally, including a Middle Eastern presence in Dubai, Abu Dhabi, Al Ain, Riyadh and Jeddah. The company is currently undertaking assignments in Kuwait, Qatar, Lebanon, Egypt, and Oman.

finally a reasonable completion date for a tower.

Eta star seems to be quite good.

some renders

http://www.etastar.com/wp-content/files/Image/eta-summit-01-2.jpg

http://www.etastar.com/wp-content/files/Image/eta-summit-02-2.jpg

http://www.etastar.com/wp-content/files/Image/summit-night2.jpg

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http://www.etastar.com/wp-content/files/Image/summit3.jpg
http://www.etastar.com/wp-content/files/Image/summit-taxi-drop-off.jpg

http://www.etastar.com/wp-content/files/Image/summit-podium-roof.jpg

There is news about it in the newspaper .. ^_^

The business men had met yesterday and they will meet also today in the Gu-Dolphine Hall, Emirates Towers ..from 10 am to 8 pm. to discuss about it.

You buy and we hire to you

http://img295.imageshack.us/img295/7781/thesummit27op.jpg (http://imageshack.us)

Over 70% of ETA Star’s The Summit project sold out
[Wednesday, July 5, 2006 12:12:00 pm]

* Add to My Alerts
o ETA Star Properties
Over 70% of ETA Star’s The Summit project sold out
[Wednesday, July 5, 2006 12:12:00 pm]

ETA Star has announced that its AED 700 million project, The Summit, a 38-storeyed commercial and office tower located between Dubai Media City and Dubai Marina on Sheikh Zayed Road has received an overwhelming response from investors, with over 70 per cent of the project sold out, within a week of its launch.

The Summit is a modern tower that has the distinction of offering the first-of-its-kind condo office concept which guarantees occupancy and investment return through a special rental pool system. ETA Star has partnered with Colliers International, a global real estate property consultancy firm, to lease and manage the office units in the tower.

Commenting on the success, Abid A. Junaid, Executive Director, ETA Star said: “This level of interest from investors was expected, given the fact that The Summit is the first commercial tower in the region to offer the condo office concept. Moreover, The Summit’s excellent location make it a sound investment proposition for investors who are looking for a steady return on their investment.”
ETA Star is partnering with Colliers International Middle East to offer outright buyers the option of leasing out office spaces by placing these in a rental pool. Investors in The Summit will thus be guaranteed of steady occupancy without having to involve themselves in leasing and rental tasks. Colliers will take over the management and leasing of offices and will pass on rental incomes to the respective owners.

“The tremendous investor response to The Summit is a reflection of the maturity of UAE’s property market which is open to new and innovative concepts. We are glad to be working with ETA Star for this project and offer our vast experience and local market knowledge,” said John Davis, Chief Executive Officer, Colliers International Middle East.

The Summit takes its name from the tower’s imposing design and offers a total built-up area of approximately 1 million square feet and priced at AED 1250 to AED 1400 per square foot. Comprising four basement floors, a ground floor for commercial space, six parking podiums and 31 floors of office space, the tower will bring a total of 420 small office units ranging from 1100 to 1200 square feet.

Another factor that has contributed to the impressive sales of The Summit is the customer-friendly finance options provided by First Gulf Bank, which is offering up to 80 per cent finance.

“Achieving 70 per cent sales for an office tower within a week of its launch is certainly commendable, and First Gulf Bank is more than pleased to be a part of this success. We have responded to this wonderful project with a On-the-spot approval the success of which is evident from the number of loan applications we have been receiving in the last few days,” said Javed Afzal, Vice President & Head of Retail Loans & Mortgages, First Gulf Bank.

ETA Star is one of the leading property development companies in the GCC. ETA Star’s portfolio includes pioneering projects such as 23 Marina, Al Manara, Liberty House, Gold Crest Executive, The Belvedere and Gold Crest Views-2 and the recently announced Taj Exotica Resort & Spa and The Grandeur Residences at the Palm Jumeirah Crescent. The company had recently ventured into the Indian and Sri Lankan property market with the launch of “The Gardens”, an environment-certified residential complex in Bangalore and the Golden Enclave Residences in Colombo, Sri Lanka.

R

^^ Pretty good prices for an excellent project... maybe Damac should learn something

:rofl:

yepp also designs awesome, but the basement... :bash:

small spire, big spire ;) ?

How's this promo (http://dm-blog.blogspot.com/2006/07/now-this-is-branding.html) for The Summit!

Piling/shoring packagge, was awarded last week to Dutch Foundation. Since they haven't any contract in the upper Marina, if any of their equipments is spotted somewhere, there will be the site of this tower.

Dutch Foundation wins ETA piling on Summit

by the staff writer on Saturday, 17 March 2007

The US $5.3 million enabling package will take 175 days to complete.Dutch Foundation has won a US $5.3 million (AED19.7 million) contract to carry out enabling work on ETA Star's The Summit.

The contract involves all aspects related to the enabling package of the $190 million project, including design, approval, supply, installation and maintenance.

The enabling work itself will cover mobilisation, shoring, earthwork, excavation, dewatering, piling work and testing.

The package, on the 38-storey commercial and office tower, will be completed in 175 days.

"The enabling works mark a critical phase of the project, which Dutch Foundation will carry out with utmost diligence and a keen eye for detail, knowing the delicate nature of the job," said Salim Khoury, managing director, Dutch Foundation.

"ETA Star adopts the highest quality standards, which will give us the most desirable results. We are delighted to be part of this important venture, and we will exhaust all efforts to deliver only the best for the project."

The Summit will be located between Dubai Media City and Dubai Marina on Sheikh Zayed Road.

Other ETA Star projects include 23 Marina, Al Manara, Liberty House, Gold Crest Executive, The Belvedere and Gold Crest Views-2, along with the recently announced Taj Exotica Resort & Spa and The Grandeur Residences on the Palm Jumeirah's crescent.

R

so they might move on site within the next weeks :)

^^ Maybe they already have.

thanks for Scoot68

17/Aug/2007

http://i19.tinypic.com/4y9fvvn.jpg

http://i15.tinypic.com/6cgmts9.jpg

^^ Isn't that too big to be a single site? Maybe another one will be there.

yes, that is a huge plot but if you see Dubai Lover's pic , could be possible, it has a massive podium.

http://www.etastar.com/wp-content/files/Image/eta-summit-01-2.jpg


I think, they wanted to start before but had to wait for the interchange works.

We will see the board soon. (Dutch Foundation is already there)

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U/C now and cleaning site next to the Summit.

actually this is not Dubai Marina , the board says this is Dubai Media City.

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Thanks for the update. Piling is definetelly under way so the status should be changed to "ground work"

scoot ..keep ur update up :)

http://i30.tinypic.com/51zech.jpg

Nice to see that piling work has begun :cheers:

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

it's really good to see some new update at this project :).. thnx scoot

This tower will be a great attention getter as one approaches along SZR. I would consider it, however, more Media City than Dubai Marina. Despite the multitude of high rises in both DM and JLT, there arn't many so far that would have any strong or spectacular visual impact upon approach on SZR. On the Marina side there are maybe the original Phase 1 towers, but they are either too low profile or a bit set back. On the JLT side all towers lined up and having roughly the same profile don't make much of a statement. (Almas is set back and not along SZR.) The Marina Mall complex comes closest to having that "Wow" factor as you approach. I think the Summit will too.

http://www.etastar.com/wp-content/files/Image/eta-summit-01-2.jpg

Playing hide the sand...
http://i29.tinypic.com/1zck2sx.jpg

http://www.hotelindubai.com/real-estate/the-summit/the_summit_dubai_marina_map.jpg

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http://www.etastar.com/etastar/wp-content/files/Image/summit_04.jpg

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http://www.etastar.com/etastar/wp-content/files/Image/summit_02.jpg

http://www.etastar.com/etastar/wp-content/files/Image/summit_03.jpg

ETA Ascon to build Summit tower in Dubai
Published: 08 July 2008 13:25 GMT Author: Colin Foreman More by this Author Last Updated: 08 July 2008 14:40

The local ETA Ascon has been awarded the estimated AED485m ($132m) contract to build the Summit tower project at Dubai Media City.

Located next to the fifth interchange and Dubai Marina, the contract involves the construction of a 30-floor commercial building. The total built-up area is about 100,000 square metres.

The local Dutch Foundation is working on the piling package. The local Dar Consult is the consultant. The client is local developer ETA Star.

The project is located next to another project, 23 Marina, which ETA Star is developing in a joint venture with India's A Hiranandani. The local Dubai Civil Engineering (DCE) was awarded the AED485m main construction contract for the tower in 2006. It involves the construction of a 380-metre, 88floor tower.

R

Construction of Summit to start soon


on Wednesday, July 16, 2008

Construction work on the Summit building at Dubai Media City will start next month, ETA Ascon said.

The company was recently awarded a Dh485-million contract to build the 39-storey tower. The total built-up area will be 100,000 square metres.

The project is being developed by sister company ETA Star next to the fifth interchange and Dubai Marina and adjacent to another ETA Star project, 23 Marina.

Construction will take two-and-a-half years to complete, said Project Manager S Ganesan. "Once work starts there will be no interruption," he said. "We are looking at a 32-month timeframe to complete the project."

In 2006, ETA Star awarded the Dh19.7m piling contract to Dutch Foundation and Concrete Processing, which is carrying out all aspects related to the enabling package for the project including design, approval, supply, installation, guarantee and maintenance.

The work also covered shoring, earthworks, excavation, dewatering, piling and testing. The dewatering was carried out by a sub-contractor for Dh500,000. Dar Consult is the consultant.

Ganesan said the piling work was yet to be finished, adding: "It will take another two to three weeks for the work to be complete after which we will set up site offices and start construction."

When the project was first announced in 2006 it was estimated that building work would start in November 2006 with an estimated completion date of June 2009.



The numbers

Dh20m: piling contract has been awarded to Dutch Foundation and Concrete Processing by ETA Star

32: months is the timeframe set for the completion of the project

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By Nadra, posted on Picasa originally

http://img151.imageshack.us/img151/6315/helicoptertour01nov0807yt0.jpg (http://imageshack.us)
http://img151.imageshack.us/img151/helicoptertour01nov0807yt0.jpg/1/w1600.png (http://g.imageshack.us/img151/helicoptertour01nov0807yt0.jpg/1/)

Realistic delivery date?

^^ I found out from the developers when would be completion date for the summit tower, They replied 13th december 2026 :lol::banana:

Construction Updates


http://etastar.com/ETASTAR_CMS/images/Picture/sum1511image3.jpg

http://etastar.com/ETASTAR_CMS/images/Picture/sum1511image4.jpg

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^^ I found out from the developers when would be completion date for the summit tower, They replied 13th december 2026 :lol::banana:

What???? Are you sure???? I don't think you can be serious so can you please elaborate? :nuts:

Does anyone have any updated on this project?

^^ Here we go


http://etastar.com/ETASTAR_CMS/images/Picture/SUM2001IMAGE7.jpg

http://etastar.com/ETASTAR_CMS/images/Picture/SUM2001IMAGE6.jpg

http://etastar.com/relatedLinks.do?2

http://www.etastar.com/ETASTAR_CMS/images/Picture/sum0209image2.jpg

http://www.etastar.com/ETASTAR_CMS/images/Picture/sum0209image1.jpg

nevermind

Last night:

http://www.quetschluft.de/dubai/300_2135_qa.jpg

http://www.quetschluft.de/dubai/300_2137_qa.jpg

http://www.quetschluft.de/dubai/300_2141_qa.jpg

http://www.quetschluft.de/dubai/300_2140_qa.jpg

(Civil Defense Building in front of The Summit)

http://www.quetschluft.de/dubai/300_2142_qa.jpg

A dozen trucks waiting to pour their concrete:

http://www.quetschluft.de/dubai/300_2143_qa.jpg

13/March/2009

The Summit

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Did anyone pay 50% upfront on this project? or was it only payable for by 6 monthly instalments?:)

To #UNDER C

http://www.etastar.com/ETASTAR_CMS/images/Picture/SUM0309IMAGE1.jpg

http://www.etastar.com/ETASTAR_CMS/images/Picture/SUM0309IMAGE2.jpg

http://www.etastar.com/relatedLinks.do?2

Finally we have a new tower with great progress !! Hate this time !! No progress everywhere... :bash:

http://etastar.com/ETASTAR_CMS/images/Picture/SUM0409IMAGE4.jpg

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07/August/2009

The Summit

rising

http://i27.tinypic.com/6zu0bm.jpg

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27/September/2009

The Summit

http://i36.tinypic.com/ejg17c.jpg

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nice boards around the plot, one of the best organised site in Dubai.

09/October/2009

The Summit

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29/November/2009

Dubai Marina tallest block

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these signs must be the funniest ones I have ever seen! :lol:

Maybe bad news , everything is covered by plastic , workers still there.

Saw few times in the last couple days , looks ON HOLD , no workers.

23/February/2010

The Summit

http://i48.tinypic.com/n2bv6g.jpg

http://i45.tinypic.com/14ac712.jpg

How's the Summit progressing ?

ON HOLD

07/May/2010

The Summit

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09/July/2010

The Summit

http://img641.imageshack.us/img641/7513/dubai371.jpg (http://img641.imageshack.us/i/dubai371.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

http://img20.imageshack.us/img20/639/dubai373.jpg (http://img20.imageshack.us/i/dubai373.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

I believe construction has resumed.

Any New updates from this one?

any new updates from this one, anything done in the past 4 months?

11/February/2011

The Summit

http://i56.tinypic.com/6qv3i0.jpg

is it under construction again?

28/February/2011

The Summit

http://i56.tinypic.com/v7xvtw.jpg

anything new ?

Nothing new, the site is still empty.

Still ON HOLD

24/June/2011

The Summit

http://i54.tinypic.com/14bj63d.jpg

21/July/2011

The Summit

http://i55.tinypic.com/259et15.jpg

Some movement here in the last day or so. Some more formwork has arrived and has been placed on the top deck.

any pictures?

By Imre

U/C ?

25/November/2011

http://i39.tinypic.com/25kmvb7.jpg



Not sure this is U/C as I havent seen workers there , it was just covered green plastic as many other project in Dubai Marina what is on hold, like Delta 1, Delta 2 etc..

At least more greenery :)

I see plenty of workers there every day. there's not much left to be done on the outside, remember. alhtough even on that little rest there is progress visible clearly.

I see plenty of workers there every day. there's not much left to be done on the outside, remember. alhtough even on that little rest there is progress visible clearly.

We were talking about The Summit !

23 Marina of course U/C and almost done.

^^of course. sorry, my bad.

^^of course. sorry, my bad.

No problem:)

Anyway, I saw this green plastic at the Delta 1, Delta 2 sites as well.

Why are they covering these sites, just make more greenery or any reason?

Still ON HOLD, as you see, the site offices and materials were removed from the next plot, thats clean now!Maybe another tower coming soon there ?:)

The site also covered with the green plastic as we have seen at the Delta 1, Delta 2 site!

As I heard the construction will restart after the 23 Marina and Taj Hotel ( Palm Jumeirah) handover, lets see.

13/January/2012

The Summit

http://i44.tinypic.com/2hoxlab.jpg

http://i39.tinypic.com/s4rtrq.jpg


23/February/2010

The Summit

http://i48.tinypic.com/n2bv6g.jpg

Still ON HOLD, as you see, the site offices and materials were removed from the next plot, thats clean now!Maybe another tower coming soon there ?:)

As I heard the construction will restart after the 23 Marina and Taj Hotel ( Palm Jumeirah) handover, lets see.



well maybe thats good news...focus on whats closer to completion first...

and two...the land next to it...culd it be for a police station? or is it for some tram stuff...

R

well maybe thats good news...focus on whats closer to completion first...

and two...the land next to it...culd it be for a police station? or is it for some tram stuff...

R

Still not sure , there is another plot between the Civil Defence and DEWA or AC plant..and another 2 small plots , one which is ACC site office and another which using by tram workers..

About the Police Station , I have heard one will be in JLT , another in Marina?

Also any info about the petrol station, it will be one in Marina or JLT , still dont know the exact location.

About the Police Station , I have heard one will be in JLT , another in Marina?

Also any info about the petrol station, it will be one in Marina or JLT , still dont know the exact location.

as long as the area gets a police station i think it would be good.

a petrol pump in the marina? hmm...not sure i wuld want to live in the tower near it.

R

Few plots still there as we can see here:

http://i41.tinypic.com/l8odv.jpg