6 floors in one month would be awesome !!

Hope it's right !!! :eek:

Cladding progress elso...


http://i35.tinypic.com/33aavyu.jpg

Superb !! It's running !! :okay:

Thanks for the picture Bizzy :)
Did you happen to see which floor they are at?

I guess we are talkin about above 20F including podium levels ...

Residential floor number starts from 7 instead of 1, and so it is on 20th floor .

cladding has started i have seen yesterday was looking nice.

Any new updates?

http://i359.photobucket.com/albums/oo34/melkor_gds/IMG_0650.jpg?t=1225075571

These guys are making up for lost time :)

http://img377.imageshack.us/img377/8171/oceanheightsri6.jpg (http://imageshack.us)

Found the picture on Picasa...a lucky user named Nader went on a helicopter tour.

:cheers:

Cool super speed.

I guess it is on 27th floor:)

Arabtec in building , No mercy of delay :D

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/)

http://img363.imageshack.us/img363/6813/helicoptertour01nov0805lx4.jpg (http://imageshack.us)
http://img363.imageshack.us/img363/helicoptertour01nov0805lx4.jpg/1/w1600.png (http://g.imageshack.us/img363/helicoptertour01nov0805lx4.jpg/1/)

Pics from Damac site (28 October)

http://www.damacproperties.com/media/system/const_update/35/168/ocean-heights-20081028-1.jpg

http://www.damacproperties.com/media/system/const_update/35/168/ocean-heights-20081028-2.jpg

http://www.damacproperties.com/media/system/const_update/35/168/ocean-heights-20081028-3.jpg

http://www.damacproperties.com/media/system/const_update/35/168/ocean-heights-20081028-4.jpg

Unbelievable great speed here :omg: :okay:

do you guy's notice a bit of a twist ?

^^ The third pic from the top (front of the building) shows a little twist. Also the second pic from the top (right hand side of the building) shows the floors are moving back.

Hi


Are the balconies going to be covered in Glass or are they open ! :cheers:

^^ Of course they will be open.

Not only that, but if this speed is maintained in the future, you will be taking picture updates from there for the enjoyement of The Torch chaps. :D

^^

It will not be ready before The Torch, 23Marina and especially Princes Tower.

Those buildings have straight forward designs with identical floorplates, therefore easier to built, while Ocean Heights floor plates change with every floor and that will slow down the construction alot ... not that Arabtec works fast to begin with (quality work yes, fast work no)

check the post 1245# , Nov 2007

What do you say now?:)

As I calculated , with this speed will be overtaking those towers around Feb 2009.

^^ No one predicted what Arabtec was capable off (or better what DCE and surprisingly ACC are lacking)

^^ I'm not a construction expert, but my guess is they gained a lot of experience from taking part in building Burj Dubai.

We all thought princess tower would be insanely fast because ACC built the rose rotana tower quickly and they said they'd build this one two floors at a time to make it even faster. This time last year I would have easily said they'd be up to the 70th floor by now.

Yeah what happened there. Princess seemed to be off to a crazy fast start. I hope this project keeps the pace going.

We all thought princess tower would be insanely fast because ACC built the rose rotana tower quickly and they said they'd build this one two floors at a time to make it even faster. This time last year I would have easily said they'd be up to the 70th floor by now.

ACC is good, problem is the Tameer, I have heard that they have financial problems , thats why their projects slow.

^^ Are Tamweel financing that particular Tameer project?

sorry , I meant Tameer.

Tamweel is ok

sorry , I meant Tameer.

Tamweel is ok

That explains a lot... i heard they have a big problem in UAQ too.

I would have figured that they were a very solid company especially given the image they send with the Tameer towers and Anara projects...

http://flickr.com/photos/persiabellini/3030121286/

Today

http://i38.tinypic.com/vmzup2.jpg

Pics from Damac site (13 November):

http://www.damacproperties.com/media/system/const_update/35/203/ocean%20heights%201%202008-11-13.jpg

http://www.damacproperties.com/media/system/const_update/35/203/ocean%20heights%202%202008-11-13.jpg

http://www.damacproperties.com/media/system/const_update/35/203/ocean%20heights%203%202008-11-13.jpg

http://www.damacproperties.com/media/system/const_update/35/203/ocean%20heights%204%202008-11-13.jpg

Nice speed..

Perhaps in a few weeks he is higher than The Torch...

Hi All


Are there anyone working on the site at present looks awfull quite !

^^ Come on Hanna, OH has been the fastest rising tower in Marina for the last 3 - 4 months now ... or would you be judging the progress by a bunch of people lined up in front of the tower and waving to the camera? ;)

^^ Come on Hanna, OH has been the fastest rising tower in Marina for the last 3 - 4 months now ... or would you be judging the progress by a bunch of people lined up in front of the tower and waving to the camera? ;)

Hi Altin


Thanks for the update

It didn't see to be as busy on the site from the picts, and I just thought that
was a bit unusual considering the progress they have made recently. :cheers:

Pics from Damac site (25 November):

http://www.damacproperties.com/media/system/const_update/35/230/Ocean%20Heights%20%201%2025-11-08.jpg

http://www.damacproperties.com/media/system/const_update/35/230/Ocean%20Heights%20%202%2025-11-08.jpg

http://www.damacproperties.com/media/system/const_update/35/230/Ocean%20Heights%20%203%20-%2025-11-08.jpg

http://www.damacproperties.com/media/system/const_update/35/230/Ocean%20Heights%20%204-%2025-11-08.jpg

I counted 26 floors. On 13 November pics it was at 23 floors. Therefore approx 3 floors / 12 days = 4 days / floor.

However there are still not many workers visible in the photos :)

Impressive speed!!

Only 30% built and looking stunning already.

It does look very good doesn't it! A long time coming but moving up quickly now!

Hi


I read this today


Developers that may be under some ‘cash stress’. And of rumours in the marketplace. Which leads me to advise that Damac will soon be in new ownership. How did they last so long !!!

Any locals based people heard of anything about the above statement.



Could be like the same deal the Government got with some British Banks they got them for nothing ! (Tax Payers money) !!!!!!!!!!!!!!!!!!!!!!!




Just hope the new owners keep up the good work if there is a change !:cheers:

^^Not sure about Damac but Arabtec are doing a wonderful job here.:banana:

I find it funny for some lazy sod to not do a full investigation before spreading a rumour. The fact of the matter is floors are going up. Progress is being made. Contractors are doing their bit. What more can one ask for here?
So, I say people - check all the facts and keep personal grudges against the developer off this forum. Arabtec is doing a fine job here and elsewhere.
Thank you.
Have a great weekend, all. :cheers:

Some people go a round with their head up there ass oblivious of whats happening around them,off course there will be work done on Ocean Heights but just look at the bigger picture for a minute of whats happening in Dubai.Arabtech have a contract thats' likely been paid so they have no option but to build Ocean Heights.It's the rest of the launches I am talking about that will never see the light of day in my opinion.

And another thing some people have ears at the side of there head and some people have paintings of ears at the side of there head I wonder if yours was a good job. :bash:

I promise this site I wll never come back and say I told you so Damac would go tits up !

2009 will be the 4th year I have put my life on hold because of these cowboys so don't dare talk about grudges to me on any site.

http://www.homethoughtsfromdubai.com/

^^
What a pathetic whine!
Being bitter for so long can't be doing your life on hold any good.
WTF don't you sell up and PO instead of posting the usual c**p?:ohno:

^^
What a pathetic whine!
Being bitter for so long can't be doing your life on hold any good.
WTF don't you sell up and PO instead of posting the usual c**p?:ohno:



I have fallen into the trap of repling to a high up Damac rep again silly me
I promise to all and sundry I will never reply to this sad Pr_ _k again :ohno:

Come to think of it Happy larry aka (P.Riddoch) would be a perfect name for
all the money he has collected for Damac must run into Millions and produced
three buildings out of 80 launches I would be Happy as well.

PS

I WOULD NOT BE SURPRISED IF THIS IS PETER RIDDOCH SAD C_ _T THAT HE IS.



Don't expect a reply no matter what you say this time, so don't waste my time ever again
stick to sacking people and licking windows.

^^ Please move this discussion to Damac thread. Moderators, can you please move these Damac rumour posts to Damac thread as well.
:cheers:

Hi


I will leave it this time

^^ Are you a moderator? :runaway:
:)

^^ Are you a moderator? :runaway:
:)

Hi

I wish I was Happy wouldn't say another biased Damac word :banana:

I think Arabtec is doing a great job and has made excellent progress. It is a shame that some supercilious little so and so who dived in 2005 believing OH would be up in 2007 can't wait for another 18 mont:)hs.

I have fallen into the trap of repling to a high up Damac rep again silly me
I promise to all and sundry I will never reply to this sad Pr_ _k again :ohno:

Come to think of it Happy larry aka (P.Riddoch) would be a perfect name for
all the money he has collected for Damac must run into Millions and produced
three buildings out of 80 launches I would be Happy as well.

PS

I WOULD NOT BE SURPRISED IF THIS IS PETER RIDDOCH SAD C_ _T THAT HE IS.



Don't expect a reply no matter what you say this time, so don't waste my time ever again
stick to sacking people and licking windows.


4 years and still whinging on and on and on and on ..................

4 years and still whinging on and on and on and on ..................



Who rattled your cage Neanderthal man :ohno:


I suppose I can add your name to my list when they go tits up if the haven't
already.

Watch for an announcment like Peter Riddoch has decided to leave to spend
more time with the family and announces his retirement from Damac.Then
you know something has happened internally.

I hope you can afford to loose any investment if you have any with Damac
I know I can 'small change big boy' who will be whinging then.


My main gripe is the way they have decieved their customers and garbage service, the years are a pain but nothing like the way they treat people.


Damac head Honchos read these blogs if it jolts them to provide quality and act in a professional maner my whinging might just do the trick.:bash:

PS
But then again I think it is to late they are well on their road to oblivion.

^^
If this is your style of addressing everyone then it shouldn't be a shock that you have been apparently mistreated.
It is never to late to make amends but I guess you will only be happiest when you get your apartment delivered. My guess is mid 2010 delivery.
I hope for your sake it is sooner - before you lose the plot completely.
Now stop being a j**k and wait in line.

01/December/2008

Ocean Heights

amazing progress here

http://img515.imageshack.us/img515/289/imresolt011ys5.jpg (http://imageshack.us)

http://img510.imageshack.us/img510/2017/imresolt012kr1.jpg (http://imageshack.us)

http://img143.imageshack.us/img143/2818/imresolt088lc3.jpg (http://imageshack.us)

http://img510.imageshack.us/img510/8421/imresolt089ur2.jpg (http://imageshack.us)

http://img513.imageshack.us/img513/5317/imresolt092yq7.jpg (http://imageshack.us)

http://img513.imageshack.us/img513/4643/imresolt104pj0.jpg (http://imageshack.us)

http://img184.imageshack.us/img184/3950/imresolt105qo6.jpg (http://imageshack.us)

http://img513.imageshack.us/img513/2444/imresolt109hz7.jpg (http://imageshack.us)

Great feedback as always Imre. :cheers:
I'm confident that completion of this stylish tower will be mid-2010.

Arabtec making most other developers look like total amateurs with this one!

Arabtec workers must be on speed. :nuts:

02/December/2008

Ocean Heights

http://img98.imageshack.us/img98/900/imresolt013gm6.jpg (http://imageshack.us)

http://img98.imageshack.us/img98/1881/imresolt022il7.jpg (http://imageshack.us)

07/December/2008

Dubai Marina,tallest block

http://img156.imageshack.us/img156/5135/imresolt004qp8.jpg (http://imageshack.us)

http://img255.imageshack.us/img255/292/imresolt006lm2.jpg (http://imageshack.us)

http://img258.imageshack.us/img258/9408/imresolt007bh2.jpg (http://imageshack.us)

Dec 8th

http://i36.tinypic.com/2pq3n7p.jpg

http://i34.tinypic.com/ng7pjk.jpg

http://i37.tinypic.com/1z5n1hg.jpg

http://i37.tinypic.com/fxwm1i.jpg


Working on floor 31st, core is 2 levels ahead.

http://i33.tinypic.com/2hpj383.jpg

Its gonna overtake Princess and Torch at this rate ...

Pics from Damac site (11 December):

http://www.damacproperties.com/media/system/const_update/35/252/ocean%20heights%202008-12-11-1.JPG

http://www.damacproperties.com/media/system/const_update/35/252/ocean%20heights%202008-12-11-2.JPG

http://www.damacproperties.com/media/system/const_update/35/252/ocean%20heights%202008-12-11-3.JPG

http://www.damacproperties.com/media/system/const_update/35/252/ocean%20heights%202008-12-11-4.JPG

19/December/2008

Ocean Heights

http://img72.imageshack.us/img72/8043/imresolt033eu1.jpg (http://imageshack.us)

http://img253.imageshack.us/img253/8688/imresolt034ye6.jpg (http://imageshack.us)

http://img72.imageshack.us/img72/2219/imresolt052rz4.jpg (http://imageshack.us)

http://img72.imageshack.us/img72/1620/imresolt053lv8.jpg (http://imageshack.us)

http://img72.imageshack.us/img72/1750/imresolt054ci6.jpg (http://imageshack.us)

I have used Imre's photos from Feb and April and compared them to todays and looks like builders are taking about 10 days per floor.
So, 50 floors to go x 10 = 500 days.
Assuming they will pickup a bit and get the fittings done as they have started already, I think mid-2010 handover is definitely on.
This will look stunning.:cheers:

^^ Its is much faster than that now!

^^
I think you are right Steve. I had a look at a photo from 12 months ago and whilst basement/podium construction was taking time (for obvious reasons of complexity) the floors are perhaps going up every 7-10 days.
:cheers:

One floor completed 'every week' at Damac Properties' Ocean Heights tower

Luxury lifestyle provider Damac Properties is showing its determination on delivery by completing a floor every 5.2 days at its Ocean Heights tower at Dubai Marina.

http://i39.tinypic.com/2a7a5a8.jpg

United Arab Emirates: Sunday, December 21 - 2008 at 15:34

The 84 storey skyscraper is being constructed by Arabtec, one of the Gulf's leading construction contractors and currently staffs on-site are successfully delivering one complete floor in a little over every five working days.

Ocean Heights is set to be one of Damac Properties' most iconic buildings with a twisting architectural design which is now starting to take shape. People driving past the building at Dubai Marina can now witness the building starting to give the appearance of 'turning' as it reaches the 30th floor.

CEO of Damac Properties Peter Riddoch welcomed the progress on site by Arabtec and praised the focus and efficiency they had shown.

'We are working with Arabtec on many of our buildings. They have a reputation for delivering successfully on projects and for meeting even the most complicated of building challenges. With delivery being at the heart of the DAMAC promise for customers it is so important to us to see progress of the nature we are seeing at Ocean Heights. One floor being completed every week is something both companies are rightly proud of,'

Peter said

Ocean Heights will eventually offer 680 apartments ranging from one to three bedrooms. In addition several floors of the building will feature Damac Properties' Signature Series penthouse range - ultimate luxury apartments with the latest in hi-tec gadgetry and luxurious home comforts. These apartments have been designed by HBA (Hersh Bedner Associates), a leader in hospitality interior design worldwide, and combine elegant décor with the most up to date home management systems.

In addition to providing stunning individual homes, Ocean Heights will offer an outdoor leisure deck complete with pool plus a gym and sauna/steam rooms for all residents. There will also be restaurants and cafes at ground level with nearby links to the new Dubai Metro and extensive leisure facilities and shops of the Marina on hand. The building is scheduled for completion in 2010.

Mr Riddoch added, 'Ocean Heights is set to become one of Damac Properties' flagship buildings with its eye-catching external design and beautifully finished apartments so we are delighted to see the excellent progress being made on site. We are confident that continuing to work closely with Arabtec we will continue to make further strides during the first few months of 2009 and people in Dubai will continue to see swift progress being made at this iconic building.'

A Significant Year
2008 has been the 'Year of Construction' at Damac Properties, during which its businesses have aggressively focused on construction and contract delivery to trusted and quality contractors.

An impressive Dhs2.5bn worth of contracts were awarded in the first nine months of 2008. From initial consultants through to enabling and main contractors, the company has awarded more than 60 contracts in the first nine months of the year - showing that it means business when it comes to delivery. So far approximately Dhs2.1bn worth of contracts have been awarded by Damac Properties in Dubai, Dhs45m at projects in Abu Dhabi and a total of Dhs320m by Damac International in Qatar and Jordan.

In line with this, the company is making good progress at its major developments and has recently handed over 571 units at Lake Terrace in Jumeirah Lake Towers in Dubai and with the promise of delivery of 192 units at the Executive Heights project at TECOM in Dubai, 198 units in its Tera Del Sol developments in Discovery Gardens in Dubai, 536 units at Lake View in Jumeirah Lake Towers in Dubai and 847 units at The Crescent, located at IMPZ in Dubai, all before the end of 2008.

Approximately a further 7,100 units are planned for handover in 2009/10 across the region.

http://www.ameinfo.com/179346.html


According to this ^^ article they are completing a floor every 5.2 days :shocked: That's very impressive! Arabtec :bow::bow:

^^ I had calculated ~5 days/floor, so that sounds about right.

^^ Tremendous news.
Things have really speeded up and the sooner this tower starts shimmering the better for all parties concerned.

Arab + tec that is so much speed i don't know if Arab + select :D ...

It could be topped out in September 2009. :)
Estimated handover sometime in 2010, maybe Q1.

It could be topped out in September 2009. :)
Estimated handover sometime in 2010, maybe Q1.

Now that might just put the feather in Damac's cap. :)

27/December/2008

Ocean Heights

http://img179.imageshack.us/img179/5889/imresolt46jt7.jpg (http://imageshack.us)

http://img122.imageshack.us/img122/4483/imresolt47py0.jpg (http://imageshack.us)

09/January/2009

Ocean Heights

http://img514.imageshack.us/img514/968/imresolt040qw9.jpg (http://imageshack.us)

http://img338.imageshack.us/img338/4249/imresolt041wt5.jpg (http://imageshack.us)

http://img440.imageshack.us/img440/4677/imresolt049ex5.jpg (http://imageshack.us)

http://img393.imageshack.us/img393/844/imresolt051pq1.jpg (http://imageshack.us)

I like this building. And Arabtec is impressive fast.

Yes this has come from nowhere very quickly !!

^^ Thanks Scoot.

Pictures from Damac site on 26.5:

http://i31.tinypic.com/eff0ba.jpg

http://i26.tinypic.com/e0kifr.jpg

http://i25.tinypic.com/30k3sc7.jpg

A little progress - podium is almost finished.
Yes very impressive movement upwards since may !!

wow the cladding is gonna look nice once the wrapping is off:banana:

Thanks for th great shots Emre,
what floor ar they on with now, it looks about 36 on the shots.

Paul

Who's Emre?? :D

^^ do you not know Imre has a twin called Emre

13/January/2009

Ocean Heights

http://img246.imageshack.us/img246/219/imresolt10jz7.jpg (http://imageshack.us)

http://img179.imageshack.us/img179/2952/imresolt14lv7.jpg (http://imageshack.us)

Pics from Damac site (13 January):

http://www.damacproperties.com/media/system/const_update/35/277/ocean%20heights-2009-1-13-1.JPG

http://www.damacproperties.com/media/system/const_update/35/277/ocean%20heights-2009-1-13-2.JPG

http://www.damacproperties.com/media/system/const_update/35/277/ocean%20heights-2009-1-13-3.JPG

http://www.damacproperties.com/media/system/const_update/35/277/ocean%20heights-2009-1-13-4.JPG

WOW this is becoming reality qickly now !! Can't wait

wow ! fast, many floors count :cheers:
My friend you rate of posting is phenomenal. How about a challenge? If you can keep up this rate, you could overtake Malec in say 6 months.
By the way, you might qualify to become a moderator here if you reach 2000-3000 posts double quick. :cheers:

20/January/2009

Dubai Marina and Ocean Heights

http://img223.imageshack.us/img223/2134/imresolt46bs6.jpg (http://imageshack.us)

http://img440.imageshack.us/img440/8305/imresolt47ib3.jpg (http://imageshack.us)

what is the realistic estimated handover date? 2011?

Easy! Could even be 2010 at this rate.

The official date is Torch minus 2 weeks then Infinity is Torch minus 1 week.

22/January/2009

Ocean Heights

http://img292.imageshack.us/img292/4519/imresolt01kx9.jpg (http://imageshack.us)

http://img175.imageshack.us/img175/4300/imresolt02nb7.jpg (http://imageshack.us)

http://img120.imageshack.us/img120/9939/imresolt04rp7.jpg (http://imageshack.us)

http://img120.imageshack.us/img120/9982/imresolt05cm4.jpg (http://imageshack.us)

http://img407.imageshack.us/img407/1373/imresolt06mq9.jpg (http://imageshack.us)

Cool tower such a shame Marina Crown is next to- it lowers the tone a lot

Hi All


Anyone any idea of expected completion date OF THIS PROJECT !

05/February/2009

Ocean Heights

http://img110.imageshack.us/img110/3183/imresolt025qb3.jpg (http://imageshack.us)

http://img516.imageshack.us/img516/7580/imresolt026co4.jpg (http://imageshack.us)

http://img517.imageshack.us/img517/7194/imresolt027tm3.jpg (http://imageshack.us)

I am always impressed by the difference when I see Ocean Heights progress updates. Still great speed!

Hi Imre


Nice picts as always.

I wonder if it will be finished by 2011 launched 2003 8 year delay not bad for Damac out of 80 launches that will create one hell of a
compensation scramble, !:cheers:

Not many people complaining about Ocean Heights delays they must think it will be finished in 2009 as promised !
not like the Torch clients who are 100% right and trying to sort something out.

Where does this leave the Palm Springs clients in the grand scheme of things !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
my bet is they should have took there money back and ran the proverbial mile I don't envy their position in the
current climate. Damac can pull the plug any time and use the famous Scottish word's (it wisna ma fault it was Global problems) ye ken!


Just the start of Damacs troubles I think !




Egypt bank may buy stake in Damac

By Suzanne Fenton, Staff Reporter
Published: February 08, 2009, 23:15

Dubai: UAE developer Damac Properties is considering selling a large stake to an Egyptian bank.
Egypt's government-controlled Housing and Development Bank (HDB) is studying a stake in Damac Properties, Reuters reported citing an HDB statement on Sunday.A Damac spokesperson declined to comment on the report when contacted by Gulf News.
It is not clear how much the bank is looking to pay for the acquisition. However, the stake size could be as much as 51 per cent, according to financial newspaper Al Mal.An analyst at EFG-Hermes believes HDB may be looking to increase its capital to finance its own real estate investments. HDB also owns a real estate company in Egypt."We believe a change in ownership of Damac could be detrimental to the [bank's] Egyptian real estate company in the short term. We expect potential homebuyers would become concerned about the stability of developers, leading to a greater number of cancellations and even weaker sales."We would also be very concerned with any changes to the terms of contracts these buyers hold with Damac," Patrick Gaffney, an EFG-Hermes analyst, said in a statement.
However, HDB management said the bank is just starting due diligence and no decisions have yet been taken, Gaffney added.
Damac is Dubai's largest private developer and has a number of planned projects in Egypt worth a combined value of over $20 billion (Dh73.5 billion).The developer is keen to tap the huge demand for housing in Egypt, the Arab world's most populous country and has six projects underway there.

when i saw this project is 2005 i am sure it had a twist in the design. is that not the case still?

Pictures are of the rear which is pretty much straight up and down. The twist "effect" is visible from the front. The structure does not twist it is an effect created by varying the projection (cantilever) of the balcony floor slabs together with some trickery with the alignment of the cladding and glass.

Something made possible in the modern computer age. If they had tried to design this structure when I worked in a drawing office, then somewhere between 5 and 10 years for the design calcs and drawings to be produced.

------

Developer Damac announces further job cuts

by Andy Sambidge on Thursday, 05 February 2009

JOB LOSSES: Damac has announced the loss of a further 50 jobs.
Damac, a Dubai-based private property developer which axed 200 jobs last November, announced more job losses on Thursday.In a statement, the company said: "In keeping with the current business environment we are in the midst of realigning our business in terms of our staffing levels."This has resulted in the retrenchment of a further 50 jobs from various sales and support roles in the UAE.Damac is one of many real estate developers who have been forced to cut its workforce amid the global property slowdown.
The company announced in Nov that it had undertaken a review of global staffing levels in response to the continuing global slowdown.
The organisation with interests in properties, securities, food and investments said it was cutting 2.5 percent of its global workforce of 8,000.
At the time, Damac Properties CEO Peter Riddoch said the tough decision had been inevitable in the light of the severe slowdown in the worldwide property market.Damac Properties says it plans to deliver 7,100 units to customers for handover in 2009/10. 200 jobs axed at property firm DamacChief exec says 'tough decision' to cut workforce taken now to help safeguard company future. :cheers:

09/February/2009

Ocean Heights, Sulafa Tower

http://img13.imageshack.us/img13/4667/imresolt104di0.jpg (http://imageshack.us)

"These Damac cowboys will never last through 2009 mark my words on that ! "


Well, you'd better hope the opposite. You still want your apartment built I presume. :)

"These Damac cowboys will never last through 2009 mark my words on that ! "


Well, you'd better hope the opposite. You still want your apartment built I presume. :)

Hi malec


You bet I do but it has been that many years of waiting I am fed up
with them as a company,I cannot see them lasting, this credit crunch
was a god send for them for a quick escape route. I think there will be
more bad news in the near future I pretty sure of that. :cheers:

hi. What floor are they busy with?

hi. What floor are they busy with?

Looks like floor 40 to me !


:cheers:

Hi malec


You bet I do but it has been that many years of waiting I am fed up
with them as a company,I cannot see them lasting, this credit crunch
was a god send for them for a quick escape route. I think there will be
more bad news in the near future I pretty sure of that. :cheers:

Well at least this is the fastest rising tower in the marina. :)

Hey, Hannah, why don't you sell your apartment so that we don't have to hear your constant whining about Damac. Everyone else is happy that this thing is one of the few towers still going up fast.

Hanna, I bet when you get your keys there will be a tear of joy in your eye and you will be telling everyone what a great job Damac (Arabtec) have done with this tower:laugh:

I read the Lake Terrace thread and everyone seemed to be delighted with the building and it's facilities, can't see you being dissappointed here. It got off to a bad start but all's well that ends well.

Oh, and Damac are less likely to go pop now that construction costs are on a downward spiral. Contractors will be queuing at their door for part of the big list of contracts they still have to build. Doesn't mean they won't go pop just less likely:)

Well Arabtec better hang in there, another 40 floors to go...

http://www.arabianbusiness.com/546337-racecourse-deal-demise-explains-arabtecs-profit-loss

How come I cant see "the twist" in the tower yet, not high enough ??

With regards to Damac's "luxury finishing..", you guys may want to check out another thread on a just completed Damac building...

http://www.skyscrapercity.com/showthread.php?t=175136&page=6

Arabtec annual profit rises 77%, but falls short of Dh1b target

http://www.gulfnews.com/business/Real_Estate_Property/10284071.html

20/February/2009

Ocean Heights

http://img527.imageshack.us/img527/1878/imresolt014wq7.jpg (http://imageshack.us)

http://img155.imageshack.us/img155/1716/imresolt015xb3.jpg (http://imageshack.us)

http://img403.imageshack.us/img403/9531/imresolt179ms2.jpg (http://imageshack.us)

http://img155.imageshack.us/img155/9677/imresolt180sk1.jpg (http://imageshack.us)

Is Hanna breaking into a smile?:)

Is Hanna breaking into a smile?:)

NEVER!! :)

...Great pics btw... Especially the second one is amazing...
Still progressing with the same speed...

So about half way now. Good :)

The warping is starting to take shape now.

:omg: :okay:

This morning

http://i40.tinypic.com/a5hiqc.jpg

^^ What the hell is wrong with you? Are you gonna spam each and every thread of each and every tower you see in this pic? I'm sure you missed a few... You're a sad weirdo. Get a life. :bash::toilet::banned:

http://www.quetschluft.de/dubai/300_1949_qa.jpg

^^ What the hell is wrong with you? Are you gonna spam each and every thread of each and every tower you see in this pic? I'm sure you missed a few... You're a sad weirdo. Get a life. :bash::toilet::banned:

You can banned Richard Head But you can't touch Mr. Height So easily ! :lol:

^^ What the hell is wrong with you? Are you gonna spam each and every thread of each and every tower you see in this pic? I'm sure you missed a few... You're a sad weirdo. Get a life. :bash::toilet::banned:


:nuts::badnews::baeh3::doh:

Every tower is in this picture I posted ! So what you want from me !!?? *narf*
:ohno::bash:

So what you want from me !!??

To post ONCE. As in, ONE TIME ONLY. You copied and pasted your post in like ten threads. What for? :ohno::bleep:

For real homie. I'm tired of seeing the same 2 pics like 1000 times.

Because there should be a current picture in every single tower thread !!

I'm tired to talk about it!!!

25/February/2009

Dubai Marina,tallest block

http://img23.imageshack.us/img23/8043/imresolt059.jpg (http://imageshack.us)

http://img24.imageshack.us/img24/7752/imresolt074.jpg (http://imageshack.us)

http://img152.imageshack.us/img152/3725/imresolt080.jpg (http://imageshack.us)

http://img255.imageshack.us/img255/8702/imresolt116.jpg (http://imageshack.us)

27/February/2009

Ocean Heights

http://img152.imageshack.us/img152/4181/imresolt036.jpg (http://imageshack.us)

http://img150.imageshack.us/img150/5739/imresolt037.jpg (http://imageshack.us)

http://img8.imageshack.us/img8/1809/imresolt039.jpg (http://imageshack.us)

03/March/2009

Ocean Heights + Sheikh Ahmed

http://img26.imageshack.us/img26/8494/imresolt192.jpg (http://img26.imageshack.us/my.php?image=imresolt192.jpg)

http://img183.imageshack.us/img183/1413/imresolt194.jpg (http://img183.imageshack.us/my.php?image=imresolt194.jpg)

http://img26.imageshack.us/img26/8267/imresolt026.jpg (http://img26.imageshack.us/my.php?image=imresolt026.jpg)

http://img26.imageshack.us/img26/4498/imresolt027.jpg (http://img26.imageshack.us/my.php?image=imresolt027.jpg)

http://img407.imageshack.us/img407/2555/imresolt028.jpg (http://img407.imageshack.us/my.php?image=imresolt028.jpg)

http://img26.imageshack.us/img26/32/imresolt008.jpg (http://img26.imageshack.us/my.php?image=imresolt008.jpg)

44 floors in one year: what do you think about speed?

^^ Thanks for the pictures Imre. :)
What were the sheikhs doing btw?
Just wondering...

Hey, Hannah, why don't you sell your apartment so that we don't have to hear your constant whining about Damac. Everyone else is happy that this thing is one of the few towers still going up fast.

Hannah is right, Damac is a disaster, check for yourselves, just follow the Damac threads under Completed Projects, Lake View and The Crescent

http://www.skyscrapercity.com/showthread.php?t=129370&page=30

Yes, I hope they finish the tower. Yes, I would sell if I could at least close to original price for my flat....Over In The Crescent we pay a maintenace fee of AED39/sqft...and AC still not hooked up to the building...

^^ Thanks for the pictures Imre. :)
What were the sheikhs doing btw?
Just wondering...


http://www.skyscrapercity.com/showthread.php?t=816472&page=2

Hannah is right, Damac is a disaster, check for yourselves, just follow the Damac threads under Completed Projects, Lake View and The Crescent

http://www.skyscrapercity.com/showthread.php?t=129370&page=30

Yes, I hope they finish the tower. Yes, I would sell if I could at least close to original price for my flat....Over In The Crescent we pay a maintenace fee of AED39/sqft...and AC still not hooked up to the building...

Hi DUBAI INVESTOR

Thanks for the compliment

Some people dig there heads in the sand and some people listen,and some people may have hidden agenda's to discredit anything anyone has to say against Damac.The facts are clear they are a damaged company and no one can deny this fact.When Alan Gammon left as the VIP CRM manager the writing was on the wall he was a true gentelman caught up with Peter Riddock shenanigans and could not take anymore of his dodgy workings.
They are as a company a disgrace to Dubai and the Sheihk is in bed with them and let's it happen so what chance have the public got for clear and open society (no chance) it will not happen,take this thought with you if the world rescession never happened the Damac deciet was getting bigger by the day launch after launch on the back of the Dubai lie about Visa's been granted then brushed aside as if nothing happened that was a massive disgrace to all the people that bought into the lie.They thought they got away with that one, then the world market collapsed then they have a change of mind because of the market crash to give a paltry 6 months visa what a F-CK-NG JOKE.The main point is they change with the weather and change laws to suit worse than the corrupt Government of the UK and that is going some,the mafia are babes in armes to the Gorgon Broon regime the worst unelected prime minister in history. :cheers:

^^ We already have a Damac thread... I can't really see why you don't post there instead.. And why do mods let this.. :ohno:

Hi biyapoo

You are right I put it in the Damac thread as well as this one, good on you mate for remembering me you are a gem. :cheers:

If you think for one moment that Damac won't do the same tricks as they have did in Lake view and the rest
you are living in cloud cuckoo land,I bet you are the first that will ask the forum members can you help me
Damac are asking me for more money for the increased floor area,Damac are asking me for more money for the
car parking space,Damac are asking me for more for registration fees,Damac are asking above the norm for F-ck-ng
everything what can I do.I just hope I can answer you in two syllibles 'F-ck o-f 'you selfish wee toad.

Please highlight this 'biyapoo' selfish wee toad in every e-mail from now on so wee know who it is !

P.S

The mods are sensible people always remember that fact !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! big man

You really make me regret I ever bought in this tower - much more than Damac... :)

http://i42.tinypic.com/8wd3rl.jpg

Bitter ! thats a new one

Hi Imre


Great Picts as always :cheers:

You really make me regret I ever bought in this tower - much more than Damac... :)

Neighbour from hell springs to mind, and, bitter beyond belief. He has been warned not to be offensive with his remarks about people in high places but he is not taking any notice.
I guess he will learn someday.
Chin up! The tower is coming up nicely.:)

http://i42.tinypic.com/8wd3rl.jpg
The resolution on your camera is almost like being there !!brilliant

Some pics from Damac web site - a little old (February) but interesting angles:

http://www.damacproperties.com/media/system/const_update/35/331/Ocean%20Heights%201%2012-02-09.JPG

http://www.damacproperties.com/media/system/const_update/35/331/Ocean%20Heights%202%2012-02-09.JPG

http://www.damacproperties.com/media/system/const_update/35/331/Ocean%20Heights%203%2012-02-09.JPG

http://www.damacproperties.com/media/system/const_update/35/331/Ocean%20Heights%204%2012-02-09.JPG

05/March/2009

Dubai Marina , tallest block

http://img16.imageshack.us/img16/7962/imresolt69.jpg (http://img16.imageshack.us/my.php?image=imresolt69.jpg)

07/March/2009

Ocean Heights

http://i40.tinypic.com/2lsgymr.jpg

http://i44.tinypic.com/ajtk0n.jpg

http://i41.tinypic.com/2e58he8.jpg

Dubai developer lifts prices of pre-sold apartments

Myanmar News.Net
Friday 6th March, 2009

Giant Dubai developer Damac has irked buyers of its apartments in its recently completed Lake View project.The 550-apartment tower in the Jumeirah Lakes precinct is ready for handover to buyers who started entering into contracts to buy in 2004. Those buyers are set to pay their final 10% instalment to take possession of their long-awaited apartments. However Damac has just issued notices to buyers saying the apartments are bigger than those they contracted to buy in 2004. The developer says it expects buyers to pay for the additional space, pointing to a clause in the buyers’ contracts which states the developer can charge for additional space if it is more than 3%.Exacerbating the problem for buyers is the late notice of the additional charges. Damac has had total control of the project since it first started selling units off the plan five years ago. As it drew up the plans and supervised the construction, buyers are finding it difficult to comprehend that Damac has only just established the apartments are bigger than intended and contracted for. The timing couldn’t be worse as buyers are struggling to service finance on the units which they have had to wait five years for, and are now required, without notice, to cough up with more cash. Some apartment owners have been notified they are up for additional charges of around AED 100,000.Complicating the problem is a law passed last year by the Dubai government prohibiting developers from charging for additional space. The Real Estate Regulatory Authority of Dubai (RERA) is now investigating claims by Lake View owners related to the increased charges levied by Damac.Owners are also complaining of 2% charges being claimed by Damac for registering their title deeds.

^^ 94?? Should be 82 floors...

^^ 94?? Should be 82 floors...

I saw that just shows what bad reporters can do !


:banana:

1st pictures from the inside

http://www.rpdubai.com/rpdubai/SharedFolder/ProgressIndicator/431.jpg

These progress reports are nice finds!

http://www.damacproperties.com/media/system/const_update/35/342/ocean%20heights-%202009-3-12-1.JPG

http://www.damacproperties.com/media/system/const_update/35/342/ocean%20heights-%202009-3-12-2.JPG

http://www.damacproperties.com/media/system/const_update/35/342/ocean%20heights-%202009-3-12-3.JPG

http://www.damacproperties.com/media/system/const_update/35/342/ocean%20heights-%202009-3-12-4.JPG

Deleted by me !

03/April/2009

Ocean Heights

http://i44.tinypic.com/se93pg.jpg

http://i42.tinypic.com/20gczur.jpg

http://i41.tinypic.com/fekv2o.jpg

http://i39.tinypic.com/32zq6tz.jpg

http://i41.tinypic.com/2ypcgok.jpg

09/April/2009

Ocean Heights

http://i39.tinypic.com/dw7tok.jpg

http://i40.tinypic.com/rk3p7n.jpg

http://i40.tinypic.com/mlgn7q.jpg

http://i43.tinypic.com/o9lqgy.jpg

Thanks Imre, great photos again.

Doesn't Marina Crown next door spoil this great tower though !!
Great Progress however

No I think marina crown is one of the best looking towers. Ocean heights is turning out to look rather dissapointing. Perhaps it will look better when all the glass is on.

No I think marina crown is one of the best looking towers. Ocean heights is turning out to look rather dissapointing. Perhaps it will look better when all the glass is on.

I guess Tower preferences are subjective everyone has their opinion
BTW MC is as bad on the inside as the outside IMHO !!!

IF (and that's a BIG IF) OH is as good as the DAMAC showhomes it will great inside as well as on the outside ????Wait and see eh??

14/April/2009

Ocean Heights

http://i42.tinypic.com/2i9h5yh.jpg

http://i43.tinypic.com/i21yza.jpg

http://i43.tinypic.com/246rgxj.jpg

17/April/2009

Ocean Heights

http://i40.tinypic.com/bi5x6p.jpg

http://i39.tinypic.com/zt7ynq.jpg

I have done a rough progress calculation by comparing photo taken on 20 Jan 09 and another on 14 Apr 09.

13 floors completed in 87 days. that is 1 floor every 6.69 days. That is a good steady progress.

With 37 floors to go, my guess would be that the structure will be completed by Dec'09 or Jan'10, allowing contingency for Ramadaan and summer heat.

Handover should be towards end of '10.

I am not an investor here but almost bought back in 2005 and like to keep up with progress as I have been intrigued by its architecture.

I have done a rough progress calculation by comparing photo taken on 20 Jan 09 and another on 14 Apr 09.

13 floors completed in 87 days. that is 1 floor every 6.69 days. That is a good steady progress.

With 37 floors to go, my guess would be that the structure will be completed by Dec'09 or Jan'10, allowing contingency for Ramadaan and summer heat.

Handover should be towards end of '10.

I am not an investor here but almost bought back in 2005 and like to keep up with progress as I have been intrigued by its architecture.

You could probably buy it as cheap now as in 2005 if you have money in DIRHAMS ?
I really like this tower now and sea/palm facing aprtmments will be great

You could probably buy it as cheap now as in 2005 if you have money in DIRHAMS ?
I really like this tower now and sea/palm facing aprtmments will be great

^^ I doubt that you can buy apartments with a good position (high floor / sea view) for 2005 (Dirham) prices now... But I may be wrong...

BTW, great updates Imre... :)

You could probably buy it as cheap now as in 2005 if you have money in DIRHAMS ?
I really like this tower now and sea/palm facing aprtmments will be great

What were the prices in 2005

What were the prices in 2005
Good job I like collecting old emails.:)
Here is what I was quoted then.
*One Bedroom Apartment 5505, Floor 55, 969 sqft = AED 1,163,000 or est £182,000. (facing the Montgomery Golf Course)

*One Bedroom Apartment 3202, Floor 32, 1061 sqft= AED 1,719,000 or est £269,000 (facing the Jumeirah coastline and Burj Al Arab)


*One Bedroom Apartment 5808, Floor 58, 935 sqft = AED 1,899,000 est £297,000 (facing the Arabian Gulf)

^^
On sale today, as per Gulf News property Section
Apartment For Sale: Dubai Marina, Ocean Heights, 1 B/R, 925 sq.ft., 23rd Floor, OP DHS 1,531,000, Paid 50%, SP AED 1,600,000 (All In).

Good job I like collecting old emails.:)
Here is what I was quoted then.
*One Bedroom Apartment 5505, Floor 55, 969 sqft = AED 1,163,000 or est £182,000. (facing the Montgomery Golf Course)

*One Bedroom Apartment 3202, Floor 32, 1061 sqft= AED 1,719,000 or est £269,000 (facing the Jumeirah coastline and Burj Al Arab)


*One Bedroom Apartment 5808, Floor 58, 935 sqft = AED 1,899,000 est £297,000 (facing the Arabian Gulf)

Good work -So it looks is like we are around 2005 OP (or less) now if you can buy a decent sea view

Damac update pics from 14 April:

http://www.damacproperties.com/media/system/const_update/35/368/ocean%20heights-%202009-4-14-1.JPG

http://www.damacproperties.com/media/system/const_update/35/368/ocean%20heights-%202009-4-14-2.JPG

http://www.damacproperties.com/media/system/const_update/35/368/ocean%20heights-%202009-4-14-3.JPG

http://www.damacproperties.com/media/system/const_update/35/368/ocean%20heights-%202009-4-14-4.JPG

^^
On sale today, as per Gulf News property Section
Apartment For Sale: Dubai Marina, Ocean Heights, 1 B/R, 925 sq.ft., 23rd Floor, OP DHS 1,531,000, Paid 50%, SP AED 1,600,000 (All In).

Originally Posted by HappyLarry
Good job I like collecting old emails.
Here is what I was quoted then.
*One BedroomApartment 5505, Floor 55, 969 sqft = AED 1,163,000 or est £182,000. (facing the Montgomery Golf Course)


Can someone explain why a unit on the23rd floor is more expensive than the one one on the 55th floor?

Originally Posted by HappyLarry
Good job I like collecting old emails.
Here is what I was quoted then.
*One BedroomApartment 5505, Floor 55, 969 sqft = AED 1,163,000 or est £182,000. (facing the Montgomery Golf Course)


Can someone explain why a unit on the23rd floor is more expensive than the one one on the 55th floor?

Refer to earlier posts - 55th floor price is from 2005/6. 23rd floor price is someone selling in the last few days. I guess 55th floor property will have gone up.

24/April/2009

Ocean Heights

http://i42.tinypic.com/28rnrtd.jpg

http://i41.tinypic.com/20l1lci.jpg

http://i44.tinypic.com/206nfk5.jpg

http://i39.tinypic.com/2u8e5o0.jpg

http://i41.tinypic.com/2z8x45i.jpg

This tower is on steroids :)

Ocean Heights rising at rate of one floor a week

http://i44.tinypic.com/11i3law.jpg

By Staff Writer on 4/28/2009

The Ocean Heights development at Dubai Marina is being completed at a rate of one floor every week, according to its developers Damac Properties.

About 25 different contractors are involved with the construction of the tower, which is set to become one of the tallest buildings in the Marina at 84 floors when completed.

Chairman and Founder of Damac Properties Hussain Sajwani said: "This is a significant day for Ocean Heights and also for Damac Properties. At a time when all the talk is of construction slowing down and projects being cancelled, we are pleased that we are going full steam ahead on Ocean Heights. I would like to commend all the contractors for such an impressive performance."

Construction of the building commenced in 2007 and is being overseen by Arabtec. The building is scheduled for completion in August 2010 as part of Damac's target of handing over to customers more than 7,100 units in the next two years.

MEP contractor Drake and Scull International will use enough electric cabling and wiring to reach from Dubai to Baghdad – with the cabling alone long enough to stretch across Garhoud Bridge more than 30 times. Three chillers weighing more than 16 tonnes each had to be installed in the basement due to their heavy weight. Five service floors to look after the residents in the building, to ensure that any power supply problems are minimised, have been created and more than 4,000 fire alarm points will be installed. In addition more than 50,000 metres of piping for hot and cold water will be used in the building together with 23,000 metres of drainage pipes.

Naser Yaseen, Operations Manager for Drake and Scull International, said: 'There have certainly been some logistical challenges involved in the MEP installations but we are excited to have an important contribution in the construction of what will become such an iconic building at the Marina."

The foundations of Ocean Heights alone necessitated the removal of about 50,000 cubic metres of earth. So far about 25,000 tonnes of cement has been used in the construction. So far more than 15,000 square metres of glass have been used in the building, which will be totally finished in glass. There are more than 1,700 contractors, labourers and staff on site each day and nearly four million man hours have been worked to date on the tower's construction.

Ibrahim Hamati, Executive Director of Arabtec, said: "Working on this project provides huge motivation for everyone involved and we commend all the hard work and commitment already shown by all the subcontractors working here as we reach 50 floors," he said.

Ocean Heights will have 680 apartments ranging from one to three bedrooms.

http://www.business24-7.ae/Articles/2009/4/Pages/27042009/04282009_2b23f2e62d284e5fafd374933ae7c679.aspx

^^
Amazing stats.
Makes you appreciate the effort and resources going into this construction.

Is it 84 floors or 82?

^^

Is it 84 floors or 82?

From Damac's web site:
"This 82-storey towering masterpiece is strategically located at the entrance of Dubai Marina with easy access to nearby beach-front luxury hotels, including the 7-star Burj Al Arab, shopping arcades, beach clubs, golf courses, and other leisure facilities such as the Wild Wadi water amusement park."

I wonder if they actually changed the number of floors or is it just because of the way it is counted?

^^ The later.

01/May/2009

Ocean Heights

http://i44.tinypic.com/6sypes.jpg

http://i44.tinypic.com/2m7w877.jpg

http://i42.tinypic.com/2ik6pah.jpg

http://i41.tinypic.com/2s1w60g.jpg

http://i41.tinypic.com/2yotzk7.jpg

^^ Rising steadily at 1 floor a week. :)

This is really quick.

"The building is scheduled for completion in August 2010 as part of Damac's target of handing over to customers more than 7,100 units in the next two years."

15 months to go. Who would have thought it would be so?

08/May/2009

Ocean Heights

http://i39.tinypic.com/2iibn2p.jpg

http://i43.tinypic.com/34oa643.jpg

15/May/2009

Ocean Heights

http://i44.tinypic.com/15dph8y.jpg

http://i40.tinypic.com/rizu6q.jpg

http://i43.tinypic.com/4gllhl.jpg

Toofif

Onwards and upwards.

http://story.argentinastar.com/index...d/502005/cs/1/



More bad publicity for DAMAC.

http://www.constructionweekonline.co...on_the_record/

Lies, lies and more lies from Riddoch.

- Lake View was handed over the end of 2008
- RERA have only just issued guidelines on area variation (the clue is in the title Peter "Article 12 of Law 13 of 2008")

The rest is the usual nonsense that's not worth even commenting on.

Negative media is snowballing as more and more truth is coming out about DAMAC and how they treat their "valued customers".

The bottom line is that DAMAC even resort to Blackmailing their customers. Absolutely crazy and almost certainly a criminal act in Dubai.

Everyone please submit your comments to the Construction Week article.


PS
If the above links don't work please go to the Lake view thread
http://www.skyscrapercity.com/showthread.php?t=129370&page=91

..

^^

Get a life 'small man' your comments don't deter me whatsoever bring it on keep them coming I enjoy it. :banana:



Many more comments to come Damac can't help themselves from F-ck-ing up !

Its your job as a Damac employee to try and do me down its that blatent he he he he

P.S
Forgot to say I also mentioned it to the editor'S of The Sunderland Echo and the Newcastle Evening Chronicle

^^

Get a life 'small man' your comments don't deter me whatsoever bring it on keep them coming I enjoy it. :banana:



Many more comments to come Damac can't help themselves from F-ck-ing up !

Its your job as a Damac employee to try and do me down its that blatent he he he he

P.S
Forgot to say I also mentioned it to the editor'S of The Sunderland Echo and the Newcastle Evening Chronicle

^^ :lol: Clown of the thread back again...

^^

Hi Coco


I have missed your inane drival (not) for a few months now, decide to come
on the attack defending the 'cowboys' again what a loser,you and Larry could shake hands up to the elbows.I hope you get what you deserve when you get your keys. :bash:

P.S

Keep the comments coming as well I need a laugh in this recession blighted Britain.

^^

Hi Coco


I have missed your inane drival (not) for a few months now, decide to come
on the attack defending the 'cowboys' again what a loser,you and Larry could shake hands up to the elbows.I hope you get what you deserve when you get your keys. :bash:

P.S

Keep the comments coming as well I need a laugh in this recession blighted Britain.

^^ One small correction: I never said I loved Damac, or never said anything to defend them, if you read my previous posts carefully (not sure if you are capable), it's just you trying to show me like that... Now I leave you in your fantasy land.. :lol:

^^

Wait to you get the keys then you can defend Damac all day long !


awc
Registered User

Join Date: Mar 2008
Posts: 53

Hi All,
We are facing a lot of problems since move in .As elevator giving minor problems since long.But Today is height of the quality Damac used.Its just one month and this evening One Elavator FELL down from Floor 12 and One man saved Miracly.And other lady got stuck in second elevator for 30 minutes .Now police is there in the Lobby .

I just wana inform you the Quality of things Damac used in this building.
Good luck .

This was my reply to them
We have our Key but we wanted the deeds. Some of lake terrace! are still waiting nearly a year on. A few at lake view have them but some had to pay double they paid again at the land department. Many can not wait for Damac to register them. Damac know that! most investors are only hear for 4 to 5 days for the handover.
That means Damac can keep the 1% and in some cases like ours the 2%
If we want our deeds we can get them tomorrow if we pay the land department the 2% as well!! How is that fair!!!! again....................

If we don't have the deed's, we can't sell the unit.
He lied when he smarmily promised the clerk that he would definitely have the cheque to him. The clerk told us they are one of the worst companies in dubai an yet they have one of the healthiest bank balances

I know the law is in its infancy in Dubai but they do not seem to have teeth with these companies

Thank you for your advice and time Khawla.

Kind regards

20/May/2009

Ocean Heights

http://i41.tinypic.com/2eauqno.jpg

http://i41.tinypic.com/2cp2fxf.jpg

http://i40.tinypic.com/349fl79.jpg

Not good to read such personal attacks being posted. Can moderators warn a couple of members who are prone to this kind of behavior?

Not good to read such personal attacks being posted. Can moderators warn a couple of members who are prone to this kind of behavior?

Hi Gheorghe348

I agree 100% every time I put something in the blog I get attacked, the same
two persons have an agenda to try stop me (it will not happen) if I see the Damac cowboys tryiing to turn people over I will raise the alarm simple as that
just read the Lake View terrace thread :
http://www.skyscrapercity.com/showthread.php?t=129370&page=92


This gives a great insight into the company and there double dealings.:cheers:

Not good to read such personal attacks being posted. Can moderators warn a couple of members who are prone to this kind of behavior?

Agreed.
I am sure you will agree that every story has two sides.
I will defend Damac and here is why.
I am a long term Damac investor and have absolutely no issues with Damac. Infact I have been surprised with all the crap dished out. They are delivering according to my agreements. I have paid on time and my investments are as I expected. So, I have absolutely nothing to complain about. I have always had good relationship with London offices. Dubai office gets a lot of stick. I am not in Dubai so can't comment for that as I guess if employees there are paid peanuts then one can expect to be dealing with monkeys.

By the way, you can also put those that piss you off, in your ignore list and skip nicely over all the shite that is being posted.
:cheers:
PS
There are a lot of very nice people on this forum but as with everything, you always have that odd prick who shows himself up.

^^ Here is my side of the story:
I am a Damac investor and I did not have too many problems with them so far. I can sympathise with people who are having problems (for whetever reason), but we do have a separate thread for this (the 'Damac' thread), and when I reminded people (or rather one particular person) of this, I was attacked...
I even would not mind if people posted issues directly relevant to this project (Ocean Heights), say, bad finish, payment issues, registration, project delays, whatever...
But 'some' posts are really not meant to be here IMHO.

22/May/2009

Ocean Heights

http://i44.tinypic.com/9ru82s.jpg

http://i43.tinypic.com/5pjvbb.jpg

Can't wait til this one starts to lean will look amazing - can't recall anything else like it built already ?

the last 10-20 percent of the construction is what is going to make this baby look amazing.

29/May/2009

Ocean Heights

http://i43.tinypic.com/2vte77k.jpg

http://i43.tinypic.com/335bllv.jpg

http://i42.tinypic.com/307vp79.jpg

http://i40.tinypic.com/2mzjsxc.jpg

http://i44.tinypic.com/291c9wo.jpg

Great pics Imre.

Turning into a real flagship for Dodgy Damac:runaway:

A opportunity to rescue their image, slightly, with this one.

Great pics Imre.

Turning into a real flagship for Dodgy Damac:runaway:

A opportunity to rescue their image, slightly, with this one.

Dead right TB there's nothing like this in the world is there ??

05/June/2009

Ocean Heights

http://i41.tinypic.com/2gt7yoz.jpg

http://i40.tinypic.com/j5xtg0.jpg

http://i42.tinypic.com/16gzqdt.jpg

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

http://i40.tinypic.com/2n1cron.jpg

http://i43.tinypic.com/1zd8vo.jpg

^^
Imre -Absolutely stunning shots.
This tower is beginning to reveal how fantastic it is likely to appear.
:cheers:

I completely don't get this tower. Is there a twist or not?

I completely don't get this tower.
This is exactly why I love about this tower. :cheers:

I really like it too, it's just that pictures seem to confuse me more and more and I think the cure for that is seeing it in person :)

^^ I don't know if that would help much either :)
I had to model this tower and I think my model turned out quite accurate since I based it on floor plans.

I wouldn't call it a twist, more a distortion. The back facing wall (ie, the one facing away from the sea) is just a straight wall as you can see here:

http://img35.imageshack.us/img35/1292/2gt7yoz.th.jpg (http://img35.imageshack.us/my.php?image=2gt7yoz.jpg)

The rest of the faces are obtained by moving the corners near the sea which distorts the shape of the tower.
So as an example take an ordinary square floorplate.

http://img150.imageshack.us/img150/2081/48149627.jpg

Fix the back edge and allow the two upper corners to move.

http://img150.imageshack.us/img150/7339/97717944.jpg

See what you get.

http://img150.imageshack.us/img150/1148/72640512.jpg


This is the basic principle. The smooth shape is just the result from changing the floorplate just a little each time, but once 80 floors are built the result is significant. The actual shape of ocean heights is a little more complicated because the floor plate has more than 4 sides (because of all the balconies, etc) to begin with.

Aah, that makes sense now. Thanks, malec. The balconies are also somewhat distorted, am I right?

Tuesday 9 Jun, 2009


There’s always been one topic of conversation that everyone in Dubai seems to be talking about – real estate. Whether it was during the boom or the bust, everyone has an opinion, and they should because it really does affect everyone.

All economies are intimately linked to their property sectors, it can be a huge driver of growth and it can just as easily drag other industries down. Although falling prices and rents are great for now, in the long run, a property industry in trouble will make trouble for everyone.

Damac Properties, one of the big names in Dubai real estate, is taking the spotlight for this fortnight’s Ask the Expert and its CEO Peter Riddoch is ready to answer your questions on Dubai’s property sector.

Established in 2002, Damac has projects all over town and it’s the largest private real estate developer in the Middle East. Some of Damac’s projects include The Waves Tower and Marina Terrace in Dubai Marina, The Crescent at IMPZ and Palm Springs on Palm Jebel Ali.

Riddoch has been with the company since a year after it launched, and previously with Majid Al Futtaim Group as group vice president of property and with Faisal Bin Qassim Al-Thani and Sons Holding Company (FBQHC) as general manager.

Damac has faced its own challenges in the crisis, including layoffs at the company and disputes with investors, and has said that it will focus its attention this year on completing projects that have already been started, which contain around 11,500 units across the GCC.

So Damac is a company with its finger on the pulse of the Dubai real estate market. Many will want to know what it takes to be a developer in these troubling times, what future Damac sees for itself, when it thinks it will be able to start announcing new projects again and if it thinks it can weather the storm.

Many more will want to know what the future may have in store for Dubai, how low the rents can go, what level would keep the economy going without putting tenants out of pocket and if sales are going to pick up again.

If you are one of the many, get your question in now.

Post your question for Damac below or email expert@7days.ae

http://www.7days.ae/storydetails.php?id=79198&title=Find%20out%20what%20you%20want%20to%20know

The truth and nothing but the truth from Damac :ohno:

THAT'LL KEEP HIM BUSY FOR A FEW YEARS

COPYING SHEIK MO NOW ?? :lol::lol:

BTW PETER O H LOOKS SOOO COOL !

12/June/2009

Ocean Heights

http://i40.tinypic.com/2lsbjwh.jpg

http://i42.tinypic.com/2dlud12.jpg

http://i40.tinypic.com/24o1wr5.jpg

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

Malec, could you please post some nice, big renders of your model?

15/June/2009

Dubai Marina , tallest block

http://img31.imageshack.us/img31/2773/imresoltdubaiphotos001.jpg (http://img31.imageshack.us/i/imresoltdubaiphotos001.jpg/)

http://img31.imageshack.us/img31/78/imresoltdubaiphotos002.jpg (http://img31.imageshack.us/i/imresoltdubaiphotos002.jpg/)

16/June/2009

Dubai Marina , tallest block

Just wanted to see from there because in the last few days I saw many mixers around the Ocean Hights, core increased a lot :)

http://i43.tinypic.com/j636z4.jpg

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

http://i40.tinypic.com/2nulrae.jpg

17/June/2009

Ocean Heights

http://i39.tinypic.com/2i0py06.jpg

http://i40.tinypic.com/2r5ssvr.jpg

These prices still being advertised;

Price

Type Area in Sq. Ft. .......AED ....... USD .......GBP
Starting from Starting from Starting from
1 Bedroom 928 ........5,058,000 1,378,203 671,712
2 Bedroom 1,361 .....7,810,000 2,128,068 1,037,183
3 Bedroom 1,955 ...12,020,000 3,275,209 1,596,280
4 Bedroom 3,842 ...24,197,000 6,593,198 3,213,409
5 Bedroom 4,549 ...28,650,000 7,806,552 3,804,777


Prices may vary according to availability and floor.

+5000AED/ft2 wonder how realistic they are now in todays market.

These prices still being advertised;



+5000AED/ft2 wonder how realistic they are now in todays market.

At abouit 1/3 to 1/2 Of that ? Mind you I like this tower wouldnt mind paying a bit more for it - Arabtec sure know how to build - i,m with yiu on that TB

These prices still being advertised;



+5000AED/ft2 wonder how realistic they are now in todays market.

^^ Advertised by whom & where??

^^ Advertised by whom & where??

Here;

http://www.gowealthy.com/gowealthy/wcms/en/home/real-estate/uae/dubai/dubai-marina/ocean-heights/index.html

Expected completion June 2008:nuts:

Time for a website update.:yes:

26/June/2009

Ocean Heights

http://i39.tinypic.com/s5iddt.jpg

http://i43.tinypic.com/27zzv2p.jpg

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

http://i39.tinypic.com/t7iqdx.jpg

http://i44.tinypic.com/2z6unhh.jpg

http://i39.tinypic.com/4h2wl5.jpg

http://i40.tinypic.com/1498igh.jpg

http://i40.tinypic.com/2me6b80.jpg

http://i39.tinypic.com/s25ve1.jpg

http://i44.tinypic.com/2q0k8ih.jpg

Beautifull looking tower, the best looker on this side of the block in my opinion. Looks like it could complete before the other supertalls U/C too. It looks more advanced than the Torch, Pinnacle, Sulafa in terms of cladding anyway ??

^^ Duh ... ;)

Beautifull looking tower, the best looker on this side of the block in my opinion. Looks like it could complete before the other supertalls U/C too. It looks more advanced than the Torch, Pinnacle, Sulafa in terms of cladding anyway ??

Gets better with each floor thats added. Will be a real head turner when it's finished.

This tower looks great from a distance and also up close.

The three towers you mention have all become visual dissapointments in my opinion. I have to single out The Torch from the point of view that it barely resembles the original "sold" render. OH is pretty true to the original image.

Yes it looks very close to the original image, better actually. :yes:
I think princess tower is the biggest disappointment, looks like it's covered in bathroom tiles. :ohno:
Sulafa looks better than I expected but I expected the worst. The torch will look better once more cladding gets put on.

02/July/2009

Ocean Heights

http://i43.tinypic.com/2yyxv6g.jpg

http://i40.tinypic.com/28rla8n.jpg

http://i41.tinypic.com/2ep4u4h.jpg

http://i40.tinypic.com/2ch2t6q.jpg

I was curious how many floos Arabtec built in one year. Well, according to some pictures one year ago (http://www.skyscrapercity.com/showthread.php?t=372214&page=73) they were working on the 10th floor in core or something. In Imre's last pics it looks like core is in level 64... this would mean 54 floors in one year!!! This is excellent work! Wow
:cheers:

54 floors in 52 weeks!

That probably explains why the building is all warped and off plumb at the front. Goin' a take years to fix it:nuts:

They're making a real cod of Infinity also, every elevation is all over the place:lol:

^^ Yeah, such a bunch of incompetents: Can't even build straight angles let alone store materials properly on top and base, as some one working nearby does. :D

10/July/2009

Ocean Heights

http://i28.tinypic.com/2romdk8.jpg

http://i30.tinypic.com/50l5s2.jpg

http://i26.tinypic.com/11qmm86.jpg

http://i31.tinypic.com/s30mdh.jpg

17/July/2009

Ocean Heights

http://i29.tinypic.com/2py5fzs.jpg

http://i25.tinypic.com/15egrwn.jpg

http://i25.tinypic.com/2lntzwk.jpg

27/July/2009

Ocean Heights

http://i27.tinypic.com/5yghmt.jpg

http://i28.tinypic.com/28cm3kk.jpg

http://i30.tinypic.com/2a4wbw8.jpg

28/July/2009

Ocean Heights

http://i30.tinypic.com/20u7trb.jpg

http://i30.tinypic.com/13z93du.jpg

You might find this interesting reading.

http://link.brightcove.com/services/player/bcpid1529573111

You might find this interesting reading.

http://link.brightcove.com/services/player/bcpid1529573111

^^Wrong link, This is chanel 4 news???

http://link.brightcove.com/services/player/bcpid1529573111

Once clicked on this link, click on Mon 27th July tab and then 3rd video called Pt3: Dubai Property.

Sorry, I thought the original link takes you straight to the video about the dubai property market.

31/July/2009

Ocean Heights

http://i32.tinypic.com/21jaxz9.jpg

http://i31.tinypic.com/30lhyyd.jpg

http://i30.tinypic.com/rmnzo0.jpg

17 floors left it seems.

Hi All


Would anyone like to guesstimate the completion of this project,all
comments welcome.I have heard before December did not catch what
year LOL. :cheers:

^^Second half of 2010.

It's a big project so a bit more difficult to say with any confidence without having a look inside.

^^Second half of 2010.

It's a big project so a bit more difficult to say with any confidence without having a look inside.



Hi


Thanks for the guesstimate True.

I would have thought middle or third quarter of 2010 myself. :cheers:

I have used Imre's photos from Feb and April and compared them to todays and looks like builders are taking about 10 days per floor.
So, 50 floors to go x 10 = 500 days.
Assuming they will pickup a bit and get the fittings done as they have started already, I think mid-2010 handover is definitely on.
This will look stunning.:cheers:

Humble Pie time!

Hi All


Third quarter 2010 can't complain to much only £60,000-£90,000
and rising every month lost in rent since 2006 due to slight delay.
And the value had dropped to around £150,000 that's if you could
sell it which I doubt so all in all Damac are some company eh !

Some may ask would you buy from them again (my reply) not with a
bargepoll.I expect a few disgruntled clients would say the same LOL.

I expect Damac will be down to there last few Dirhams if and when this
project get's finished.I would be a very nervous client after this one and
I 'mean' very nervous, who would venture into buying off plan with Damac
in the near future or anytime,There cash flow will soon dry up then we will
see what happens, they were given dispensation for the Escrow accounts
on 99% of there projects that should have set alarm bells ringing on most
of the clients.It was a stitch up from the the start (Rera) you must be joking.

P.S

Not much advertizing now I wonder why where's all the planes and cars
have gone !

07/August/2009

Ocean Heights

http://i32.tinypic.com/mhdop5.jpg

http://i26.tinypic.com/21akawn.jpg

http://i26.tinypic.com/jqgiuu.jpg

http://i30.tinypic.com/15rbpz7.jpg

http://i29.tinypic.com/vsj780.jpg

http://i29.tinypic.com/346xc92.jpg

http://i28.tinypic.com/2nap6pi.jpg

http://i29.tinypic.com/rj34ab.jpg

10/August/2009

Ocean Heights

http://i29.tinypic.com/1086aex.jpg

http://i29.tinypic.com/2i0ufs6.jpg

http://i28.tinypic.com/2wntelz.jpg

http://i28.tinypic.com/2h5pow6.jpg

http://i29.tinypic.com/opnvgo.jpg

14/August/2009

Ocean Heights

http://i26.tinypic.com/2exybnn.jpg

http://i28.tinypic.com/23vm0ao.jpg

http://i31.tinypic.com/jkk8s6.jpg

http://i25.tinypic.com/35ck1w3.jpg

The skyscraper which will finally stand 84 storeys tall at the entrance to Dubai Marina on Al Sufouh Road, will complete its structure by the late autumn and is due for total completion in just under a year. It is set to be one of the area's most iconic buildings, already towering above all others in the vicinity and with its twisting architectural design now clearly visible.

Around 1800 people are on site each day and main contractor Arabtec is completing a floor every week. In addition Alumco, who are installing the external blue glass cladding on the building, which will give it its eye-catching design have reached the 54th floor. Inside the tower, electrical wiring and cabling has reached the 60th floor with interior plastering and painting at floor 55.

CEO of Damac Properties Peter Riddoch said the progress on all fronts at Ocean Heights was a great testament to the tremendous team work on site.

'Building a tower of this scale involves many different contractors - we have around 25 working at Ocean Heights - and so it is important that coordination and cooperation are the key focuses for everyone involved.

'The fact that we are now approaching 70 floors with just 14 to go is incredible - and we are on target to complete this building within three years. To me this demonstrates huge team work and commitment by all our staff and contractors, said Peter.
'I congratulate them on their efforts which clearly demonstrate that despite some turbulent times and challenges in recent months, their focus has remained resolute and everyone on site is determined to ensure that Ocean Heights lives up to the expectations that we all have for this magnificent building'

added Peter.

Once completed Ocean Heights will eventually offer 680 apartments ranging from one to three bedrooms. In addition the building will feature Damac Properties' Signature Series penthouse range - ultimate luxury apartments with the latest in hi-tech gadgetry and luxurious home comforts. The first penthouse floor has just been constructed at floor 67.

In addition to providing stunning individual homes, Ocean Heights will offer a communal outdoor leisure deck complete with pool plus a gym and sauna/steam rooms for all residents with views across the Palm and towards Atlantis. There will be good accessibility with nearby links to the new Dubai Metro and the extensive leisure facilities and shops of the Marina on hand.

Whilst Ocean Heights will be the third project at Dubai Marina to be completed by Damac Properties, it will be joined in a few years time by Damac Heights, another super tall skyscraper that is scheduled to be completed in 2013. Currently design and development work is taking place and it expected that the enabling works contract will be awarded by the end of this year.

Ziad El Chaar, General Manager of Operations at Damac Properties added: 'The Marina continues to be a prime location for people who are looking to invest in property in Dubai and we believe these two iconic buildings - coupled with our already completed projects like Marina Terrace and The Waves - afford us great opportunities to offer customers with a range of different options.

'We look forward to Ocean Heights completing its construction later this year and to it contributing to a Damac Properties trilogy at Dubai Marina next summer.'

Link:http://www.ameinfo.com/206819.html

14/August/2009

Ocean Heights

http://i26.tinypic.com/2exybnn.jpg

http://i28.tinypic.com/23vm0ao.jpg

http://i31.tinypic.com/jkk8s6.jpg

http://i25.tinypic.com/35ck1w3.jpg
No erectile disfunction here from Damac. This looks familiar and f'n great.

20/August/2009

Ocean Heights

http://i32.tinypic.com/fblvgp.jpg

http://i29.tinypic.com/344fsja.jpg

http://i27.tinypic.com/14aws5e.jpg

21/August/2009

Ocean Heights

http://i26.tinypic.com/2zydkxf.jpg

http://i26.tinypic.com/2ngg0hj.jpg

http://i29.tinypic.com/omlvr.jpg

http://i29.tinypic.com/3zqqr.jpg

http://i26.tinypic.com/vo0lqg.jpg

^^ Looks absolutely fantastic! :)
The front view is outstanding...
Well done to Damac and Arabtec. :banana:

beautiful tower, it is almost finish maybe next year the construction will be complete, how mush is the cost in building this tower?

Damac's Ocean Heights stands 70 storeys high

Damac Properties, the luxury lifestyle provider, has announced that its iconic 'Ocean Heights' development is nearing 70 storeys in height, and that the development will be completed within a year.

This indicates the Damac's determination on construction and delivery of the skyscraper, which is finally expected to house 84 storeys.

Located at the entrance to Dubai Marina along the Al Sufouh Road, the structure is all set to be one of the most iconic buildings in the area, and is already towering above all other structures in the vicinity, with its twisting architectural design that now more evident.

The main contractor of the project, Arabtec, is completing one storey every week. The Alumco is installing the external blue glass cladding on the building. The electric wiring and cabling works inside the tower have reached the 60th floor, while the interior plastering and painting have reached floor 55.

The CEO of Damac, Peter Riddoch, remarked that the progress made by Ocean Heights project is a great testament to the tremendous team work happening on site.

Damac is on-track to complete the building, and this demonstrates the team work by all staff and contractors, he pointed out.

On completion, Ocean Heights will feature 680 apartments ranging from single to triple bedrooms, and 'Signature Series penthouse range', the ultimate luxury apartments with latest in hi-tech gadgetry and luxurious home comforts. The first penthouse floor is just been constructed at floor 67.

Apart from offering stunning individual homes, Ocean Heights will offer communal outdoor leisure deck, complete with pool, gymnasium, steam rooms, views of the Palm and Atlantis. There will be good accessibility with nearby links to the Dubai Metro and the range of leisure amenities and shops of the Marina on hand.

Ocean Heights is the third project at Dubai Marina, to be completed by Damac Properties. This will be followed by Damac Heights, another super tall structure due for completion in 2013.

According to the General Manager-Operations at Damac, Ziad El Chaar, the Marina continues to be prime location for people seeking for investment in property in Dubai.

"We hope the two iconic buildings, coupled with our already completed projects like The Waves and Marina Terrace, offers great opportunities to customers with a range of various options," he pointed out.

Ocean Heights is expected to be completed by the end of the year, contributing to the Damac Properties triology at Dubai Marina by next summer, El Chaar confirmed.

28/August/2009

Ocean Heights

http://i30.tinypic.com/292qidx.jpg

http://i26.tinypic.com/aniwkj.jpg

http://i28.tinypic.com/2iar1w2.jpg

04/September/2009

Ocean Heights

http://i29.tinypic.com/1z2egm0.jpg

http://i29.tinypic.com/332z1n6.jpg

http://i28.tinypic.com/x59yzp.jpg

http://i29.tinypic.com/2pr8qk1.jpg

^^ Which floor is it?