Lets hope youre right -- just a bit worried about where all the punters are going to come from to rent these units -- we will see --
Dubai inc needto atract more tourists by lowering prices and sort out those crazy residency rules sort those two ourt proerty will recover

Good win in the end though !! Rooooney ROOONEY !!

Agreed about attracting more tourists, the hotel rates are still incredibly high in Dubai compared with the rest of the world. You try and get a family of four a week in one of the beach hotels for under £2500 and you will be lucky! I even fly from Birmingham instead of Manchester on Emirates because on the same airline at the same day at the same time its normally around half the price. The hotel prices always cost more than four flights though. I think the best thing that could happen in the short term is the continued development of the new airport. This would create tens of thousands of jobs and have a significant knock on affect. I haven't heard any recent news on this project but the google earth pics don't seem to show much progress recently. We all need large scale employment projects to boost both the economy and the need for housing

From Jeetha on Silverene thread

looks like another 4 floors on west tower, anyone know floor count?

http://i48.tinypic.com/4j2g6b.jpg

25th was the mechanical floor . that was being done around 19th novenber when i was there. looks like the are working on 29th /30th floor on West tower.alos the podium work looks to be progressing but need close up shots
:bash:
DXBPC(mark) need some pics soon as soon as you can please
:cheers:

From Jeetha on Silverene thread

Pictures were taken on 02 January 2010.

Thanks for the photos - great to know that someone was working over xmas!

:nuts:Pictures were taken on 02 January 2010.

thanks jeetha. are u in dubai if so take some of BC please.

:nuts:

thanks jeetha. are u in dubai if so take some of BC please.

^^Wish I was.

Pictures were taken by a friend from Saba Towers (JLT).

Spoken with Select Property today who informed me that as Im on SPP plan, it maybe that the next payment is due 1st March 2010.

HOWEVER >> When I asked if I would receive notification of this formally ie email or letter he said no as he believed there is every possibilty and 'rumours' that nearer to the March date we may receive a further Holiday payment.

Normally I would be more than happy to keep hold of my money.. however when Select are very happy and readily keen to postpone payments it only puts further doubt and fear as to the dark reality of the eventuallity of receiving keys to our apartment ... albeit the building and progress of the floors appear to give only some mild relief.

:ohno:

what an optimist you must be expectiing anything by email or letter, we should all know by now that communication is at the bottom of the long list of things that they are shit at.Having said that i am quite pleased at the progress in recent weeks and hope it continues.Its all gone very quiet from all the Rooney lovers out there!i wonder why that is.

Past payment break we did recieve a formal letter direct from dubai stating payment hoilday 3 months

looking at photo taken on 2nd jan compared to this photo i took on christmas day they added two floors during the period. Also looking at my photos taken late october early november they have added 8/9 floors. The podium is moving along nicely too and they were ready to raise hotel tower too. All looks good and i am happy for now.
Regarding payments...
i have apartments on spp and lpp. lpp they are looking for payments as the capital input is below [in their opinion] the build process. For SPP they are allowing breaks because everyone has paid more than is built...so although not openly admitting it they are working to rera guidelines.
Regarding Dubai...
Someone forgot to tell then they are in crises. The place was buzzing while i was there and nothing had changed. Not many [expat]people were aware of the bad press in the UK papers and things are good. They are no different from anywhere else in the world as to how they are affected. Just seems that ul press like to batter them...
In general happy with progress and Dubai...in fact back next week.

http://i50.tinypic.com/b7z287.jpg

what an optimist you must be expectiing anything by email or letter, we should all know by now that communication is at the bottom of the long list of things that they are shit at.Having said that i am quite pleased at the progress in recent weeks and hope it continues.Its all gone very quiet from all the Rooney lovers out there!i wonder why that is.

Its not about being optimistic its expecting Select Property conforming to International standard business etiquette not to mention abiding with contractual obligations Jason and as Beppe has stated, previously I too received a letter, signed and endorsed in relation to the payment break.

Dxbpc ; Thankyou for your photos and your input as always
Enjoy your stay

from yesterday on another thread

http://i257.photobucket.com/albums/hh210/miusuario/20100104_001.jpg

what an optimist you must be expectiing anything by email or letter, we should all know by now that communication is at the bottom of the long list of things that they are shit at.Having said that i am quite pleased at the progress in recent weeks and hope it continues.Its all gone very quiet from all the Rooney lovers out there!i wonder why that is.

Think we Rooney lovers are still in shock! Must have been a hell of a night out the players had before the game....I've recently had a nasty experience of a distinct lack of communication and have made my thoughts very clear to Select Dubai now Manchester no longer handles such matters (shame) HIFX made a mistake with my Dec1 payment and for some unexplained reason sent it to the land registry instead. Despite having an impeccable payment record since Feb 07, the first I heard about any problem was a legal notice from Select threatening me with termination of my sales agreement! I went apeshit and recently received an apology declaring it was a computer generated letter. Funny, it just looks like a bad photo copy to me....:ohno:

looking at photo taken on 2nd jan compared to this photo i took on christmas day they added two floors during the period. Also looking at my photos taken late october early november they have added 8/9 floors. The podium is moving along nicely too and they were ready to raise hotel tower too. All looks good and i am happy for now.
Regarding payments...
i have apartments on spp and lpp. lpp they are looking for payments as the capital input is below [in their opinion] the build process. For SPP they are allowing breaks because everyone has paid more than is built...so although not openly admitting it they are working to rera guidelines.
Regarding Dubai...
Someone forgot to tell then they are in crises. The place was buzzing while i was there and nothing had changed. Not many [expat]people were aware of the bad press in the UK papers and things are good. They are no different from anywhere else in the world as to how they are affected. Just seems that ul press like to batter them...
In general happy with progress and Dubai...in fact back next week.

http://i50.tinypic.com/b7z287.jpg

I'm passing through Dubai on business next week as well on the way to Hong Kong. Will pass by and see how things are progressing. It's amazing with the UK press and Dubai, I don't understand why they seem so anti-Dubai. A few weeks ago, the Sun produced a damning article about the £20 Billion debt defer payment. On the Sun website a lot of people posted more negative comments but when I repeatedly tried to put the debt into perspective with my response it was never published. Only negative comments were published. Listen, we all know the debt situation isn't good but is it really worse than the US, UK and most other European Countries.....There was a Piers Morgan in Vegas program on over the weekend. Did you see the hotel projects that were half built and cancelled there. In my home town in Rochdale, UK there are building projects both large and small suspended, cancelled, on hold etc. I travel around the world with my job, its the same EVERYWHERE. Go to Saint Lawrence gap in Barbados and you will find luxury beach front condos in the same state of build as 18 months ago. Dubai is no different from anywhere else in the World. Perhaps other Countries feel they have been a little flash by showing off in the past and perhaps even the present and this is the problem. Either way, I'm very confident that the current issues in Dubai will pass.

Its not about being optimistic its expecting Select Property conforming to International standard business etiquette not to mention abiding with contractual obligations Jason and as Beppe has stated, previously I too received a letter, signed and endorsed in relation to the payment break.

Here here!!

What a f@kin joke that is, i fully stuck to my contractual oblgations by paying all my money on time and never recieved jack shit form anyone regarding payment holidays!hence my coment about comunication.

What a f@kin joke that is, i fully stuck to my contractual oblgations by paying all my money on time and never recieved jack shit form anyone regarding payment holidays!hence my coment about comunication.

I've only had 1 payment holiday Jason. Received a letter in December 08 giving me 3 months grace. This was a few weeks after receiving a letter telling us about the 1 year delay in construction. I'm on LPP

What a f@kin joke that is, i fully stuck to my contractual oblgations by paying all my money on time and never recieved jack shit form anyone regarding payment holidays!hence my coment about comunication.

Jason, I was simply referring to having already having paid 70% and in relation to their delay in build albeit progressive they already have the required monies hence are allowing for holiday payments and as Dxbpc mentioned conforming to RERA.

However my earlier point was that the very least Select Property should be doing is communicating even if its by bloody smoke signals.. their obligation not to mention contractual duty to interchange information to us purchasee(s) is paramount and more importantly on matters of payments which are due subsequently granted holiday payments.

As you state you have paid the required amounts on timelines which they previously dictated.. my whole argument was that it is my disbelief how they conduct their business and have at no stage made any attempt to inform you or others that you do not require to pay at a previous stated date and my belief is they sit back and watch who pay and they just shrug shoulders to say ahh to those who do and those who dont including myself they let it be.. its only by the advantages of having this great forum some of us have not made unecessary timely payments.

Their complete inadequacy in relation to communication is furthermore fuelled having now learned of Redwayne28thfloor's drama and their wholly incorrect YET prompt demand letter of termination! its farcical ..

Im neither naive or as previously stated optimistic - I try to keep realistic with a pinch of hope ..but I cant help venting my frustrations as its only natural when Select act the way they do when they do.

Im on the same side of ALL the apartment owners however apologise if Ive interjected some negativity on the matter

>> Redwayne28thfloor <<
I completely agree with you on all the points you have made in relation to the recent international and namely UK Media bias, I cannot understand what they believe would be achieved by it?

Dubai are in no different position as the rest of the world.. one would argue
(I too watched Morgan Piers) that Dubai have been able to complete some very largely funded not to mention costly projects. I would argue we in the UK are certainly no different position when it comes to the current economic climate as I was informed 10 days before Xmas that I was to become redudant and I work in a Police Force.. now thats a job you would think had some job security cos crime never goes out of business! but then with our present Govt it really shouldne have surprised me!

right on spot. this lack of communication about payment freezes for SPP is all deliberate, to rack in as much payments as they can.

i was at the site yesterday and progress on the basement & podium is dismal. nothing has been done to expand the existing footprint of the part of the basement already built up. though i saw some cladding work (frames for the windows) being done on the lower floors of the west tower.

.. my whole argument was that it is my disbelief how they conduct their business and have at no stage made any attempt to inform you or others that you do not require to pay at a previous stated date and my belief is they sit back and watch who pay and they just shrug shoulders to say ahh to those who do and those who dont including myself they let it be.. its only by the advantages of having this great forum some of us have not made unecessary timely payments.
natural when Select act the way they do when they do.

Spoken with Select Property today who informed me that as Im on SPP plan, it maybe that the next payment is due 1st March 2010.

HOWEVER >> When I asked if I would receive notification of this formally ie email or letter he said no as he believed there is every possibilty and 'rumours' that nearer to the March date we may receive a further Holiday payment.

Normally I would be more than happy to keep hold of my money.. however when Select are very happy and readily keen to postpone payments it only puts further doubt and fear as to the dark reality of the eventuallity of receiving keys to our apartment ... albeit the building and progress of the floors appear to give only some mild relief.

:ohno:

What % have you paid as of now ?

Jason, I was simply referring to having already having paid 70% and in relation to their delay in build albeit progressive they already have the required monies hence are allowing for holiday payments and as Dxbpc mentioned conforming to RERA.

However my earlier point was that the very least Select Property should be doing is communicating even if its by bloody smoke signals.. their obligation not to mention contractual duty to interchange information to us purchasee(s) is paramount and more importantly on matters of payments which are due subsequently granted holiday payments.

As you state you have paid the required amounts on timelines which they previously dictated.. my whole argument was that it is my disbelief how they conduct their business and have at no stage made any attempt to inform you or others that you do not require to pay at a previous stated date and my belief is they sit back and watch who pay and they just shrug shoulders to say ahh to those who do and those who dont including myself they let it be.. its only by the advantages of having this great forum some of us have not made unecessary timely payments.

Their complete inadequacy in relation to communication is furthermore fuelled having now learned of Redwayne28thfloor's drama and their wholly incorrect YET prompt demand letter of termination! its farcical ..

Im neither naive or as previously stated optimistic - I try to keep realistic with a pinch of hope ..but I cant help venting my frustrations as its only natural when Select act the way they do when they do.

Im on the same side of ALL the apartment owners however apologise if Ive interjected some negativity on the matter

>> Redwayne28thfloor <<
I completely agree with you on all the points you have made in relation to the recent international and namely UK Media bias, I cannot understand what they believe would be achieved by it?

Dubai are in no different position as the rest of the world.. one would argue
(I too watched Morgan Piers) that Dubai have been able to complete some very largely funded not to mention costly projects. I would argue we in the UK are certainly no different position when it comes to the current economic climate as I was informed 10 days before Xmas that I was to become redudant and I work in a Police Force.. now thats a job you would think had some job security cos crime never goes out of business! but then with our present Govt it really shouldne have surprised me!
Quite right jac23y, Dubai have and are still bringing in some large construction projects. Apart from maybe some large tunnel or bridge projects around the world, I can't think of bigger scale construction projects than the Palm, Palm Jebel Ali, Burj tower and the new airport etc. I guess its the scale of the construction projects currently being undertaken that brings headlines both good and bad. Like we say though, put it into perspective with what's going on in the rest of the World. Sorry to hear about the job, let's face it, the Country is bankrupt in all but name. 178 Billion deficit this financial year and the same next before we see any reduction. Tax increases and public sector cuts is the only way to pull themselves out of the hole. You are seeing this first hand. I have a friend who is a major player in a publicly listed construction company in the UK that specialises in government contracts. He's worried sick what this year will bring. However, the fewer people working, the less tax income going into the pot. What a mess !!
I'm hoping that with the construction of the new airport and hotels in the region that Dubai will see a considerable increase in jobs thus helping the property. A large airport is great for jobs!

What % have you paid as of now ?

Man Utd >> I have paid 70% to date ; I have therefore have the remaining 20% to pay as next payment ; whatever date that is I dont know at present its what ever date they pluck out or ever get round to telling and thereafter the 10% upon completion.

Redwayne28thfloor >> "hear-hear" & Thanks

.. I never thought I would ever agree so much with ManU supporters.. Im not even going to make comment on the Leeds game seeing as Im in no fit position to make any comment after our game with Reading.. and then there's the Champions league and Premiership.. Im writing this season off hence any related comments and statements

... but the real true reds are LFC.. sorry just had to get that in! lol :)

All - it's worth having a read of this thread http://www.skyscrapercity.com/showthread.php?t=134322&page=81

You will also find a picture of the marina from MQ north tower, which should be similar to BC west tower.

M2's kitchen re-modeling work looks interesting too - we all might need to do our own upgrades as this was another DCE bodge-it & scarper effort.

Hi

Is there any news on photos/video footage from the show apartment? it would be really helpful if SG could release this info. Would help to confirm quality of finish etc., Anyone know why this is taking so long?

thks

if the finish isn't up to standards i'll have my say it's my occupation to make sure everything is showroom standard if not the sh** will hit the fan at worst i'll put the thing right myself 20 th floor if you need me

Hi

Is there any news on photos/video footage from the show apartment? it would be really helpful if SG could release this info. Would help to confirm quality of finish etc., Anyone know why this is taking so long?

thks

I believe show apartment was completed once but they decided to rip it out and start again. I was told in November it was having some "minor" modifications. Why don't we all send the email to select Dubai this week and ask about the status. It was mentioned in the Dec update that it was done but we would have to wait until the next update in Feb to see it....Doesn't exactly inspire confidence given that we all know from reading this thread how long they have been working on it

if the finish isn't up to standards i'll have my say it's my occupation to make sure everything is showroom standard if not the sh** will hit the fan at worst i'll put the thing right myself 20 th floor if you need me

You could be our best friend!!:)

.. I never thought I would ever agree so much with ManU supporters.. Im not even going to make comment on the Leeds game seeing as Im in no fit position to make any comment after our game with Reading.. and then there's the Champions league and Premiership.. Im writing this season off hence any related comments and statements

... but the real true reds are LFC.. sorry just had to get that in! lol :)[/QUOTE]

YEA YEA YEA LOL ! -thanks for the info though
ps I was at the match LEEDS were worth their win 100% !
C,mon Reading !

No FA cup this year, never mind.... ;)

Has anybody any plans to go out to Dubai at Easter?

Has anybody any plans to go out to Dubai at Easter?

Hi Jason, yes I'll be at the Westin over Easter

it would be fantastic to meet up over a few beers!

08/January/2010

Bay Central

http://i49.tinypic.com/15hiiar.jpg

http://i45.tinypic.com/149p07k.jpg

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

http://i48.tinypic.com/6yp3bp.jpg

http://i46.tinypic.com/28umcmd.jpg

http://i48.tinypic.com/af9ab6.jpg

http://i45.tinypic.com/1zfr02u.jpg

http://i49.tinypic.com/2mh5ug8.jpg

[QUOTE=Imre;49712489]08/January/2010

Bay Central

Hi Imre, Great pictures thanks. The Central tower seems to have fallen well behing the West tower. Given that its significantly taller than the West tower it looks to me like it won't top out for another 6 months. I'm hoping the West tower will top out around the end of February given current progress.

it would be fantastic to meet up over a few beers!

Sounds like a plan! Where will you be staying? If anybody else will be around, let us know and we can rehearse our Bay Central grand opening party in advance....:cheers:

Bay Central

Hi Imre, Great pictures thanks. The Central tower seems to have fallen well behing the West tower. Given that its significantly taller than the West tower it looks to me like it won't top out for another 6 months. I'm hoping the West tower will top out around the end of February given current progress.

At the end of the day, it does not matter when West tower tops out, the critical path now runs through the central tower(assuming they can handover without the East tower finished).

Every effort should be put into accelerating the central tower and the basement in order to secure the earliest completion date.

I get the impression DCE don't have a project plan and progress monitoring system in place or all this would be clear to them. Maybe they should invest in Primavera project management rather than primadona project managers with Ferraris.

Looks to me that when they top out the west tower DCE will move both workers over to start the east tower.

[QUOTE=True Blue;49715435]

TB, What was the projected topping out date for the Central tower? I know it was end of Dec 09 for the West.

TB, What was the projected topping out date for the Central tower? I know it was end of Dec 09 for the West.

My estimate or Selects?

I think Select had both down for Dec 09 and moved both to March 10. Central tower will probably top out about Sept/Oct 2010 if they maintain current progress.

My estimate or Selects?

I think Select had both down for Dec 09 and moved both to March 10. Central tower will probably top out about Sept/Oct 2010 if they maintain current progress.

Selects, I've just double checked and until the last quarter of last year both towers were down for Dec 09 superstructure completion. In the last Dec update superstructure completion changed to May 09-March 10 for both. My god, for the central tower, it's not even going to be close! I think it would be optimistic to look at a May/June 2011 for total completion of the Central tower now at best. Wonder when the letters will arrive........

[QUOTE=Imre;49712489]08/January/2010

Bay Central

Hi Imre, Great pictures thanks. The Central tower seems to have fallen well behing the West tower. Given that its significantly taller than the West tower it looks to me like it won't top out for another 6 months. I'm hoping the West tower will top out around the end of February given current progress.

on 18th Nov they aere doing 25th floor on West tower. and 18/19 in central.. So it is approx 5 floors in 40 days per tower.
Glover was worried about podium work being slow. Some one need some pics of the Podium.
:cheers:

Lets hope once the West tower is completed things will start to speed up as they move the workers to the Central tower or even the east tower.
Im not too worried though, lifes too short to let things like this stress you out.
Real issue's like the Mighty Reds are occupying my worries at the moment.

No FA cup this year, never mind.... ;)

Isnt it funny how some people lok at footbasl results when UTD lose !! :lol:
Happy New year mate anyway !

Redwayne28thfloor >> "hear-hear" & Thanks

.. I never thought I would ever agree so much with ManU supporters.. Im not even going to make comment on the Leeds game seeing as Im in no fit position to make any comment after our game with Reading.. and then there's the Champions league and Premiership.. Im writing this season off hence any related comments and statements

... but the real true reds are LFC.. sorry just had to get that in! lol :)[/QUOTE]

We will have you converted from the dark side before our BC opening party....

Redwayne28thfloor >> "hear-hear" & Thanks

.. I never thought I would ever agree so much with ManU supporters.. Im not even going to make comment on the Leeds game seeing as Im in no fit position to make any comment after our game with Reading.. and then there's the Champions league and Premiership.. Im writing this season off hence any related comments and statements

... but the real true reds are LFC.. sorry just had to get that in! lol :)
We will have you converted from the dark side before our BC opening party....[/QUOTE]



Wayne

They'll have new manager before then anyway !! :lol:

err we will too probably by 2011 ??

Just noted an interesting addition on the select website. Click on Dubai property and retail units are for sale in both the Torch and BC.

Any recent podium or "east" tower pics out there?

13/January/2010

Bay Central

http://i45.tinypic.com/ivlief.jpg

13/January/2010

Bay Central


http://i50.tinypic.com/jl5e9e.jpg

http://i46.tinypic.com/qnvfo2.jpg

http://i48.tinypic.com/14y0e4z.jpg

great shots imre.. podium coming along

Just noted an interesting addition on the select website. Click on Dubai property and retail units are for sale in both the Torch and BC.

Good find!

Have a look at the shops here:
http://www.selectproperty.com/pdf/bay-centrail-retail-property-dubai.pdf

been down to the marina tonight !
all lit up but no workers !
i suppose they can,t work in the evening because of the nieghbours very close buy ?
:)

Good find!

Have a look at the shops here:
http://www.selectproperty.com/pdf/bay-centrail-retail-property-dubai.pdf

Strange that the shops are only shown for west and central towers. This is the same shops we can see them working on in the pictures above. Wonder if they are concentrating on getting them finished so they can open them and get some rent money in early.

Emaar seem keen to get the walk open asap. With a new development next door this might suit them. They also kicked Arabtec off the walk in front of Silverene to open the link between the mall and yacht club to foot traffic.

Hello all, OK so whats the gut feeling with you guys are we happy or unhappy with progress, will the hotel be ready for jan2013 for when i move over so i can have a drink? any word on finish to apts yet....

Speaking from personal point of view i am quite pleased with the progress, would like an update on when the hotel is going to start they seem to have been piling forever. How are all the Liverpool fans out there? Think Rafa needs to go and Gary Megson to take the reins.Come on u whites and beat the Gunners on Sunday.

This building has one of the best designs in Dubai Marina - and the location is ideal being so close to the beach [5 mins walk].
I would be a bit hesitant about the retail prospects though - the retail zones on the other side of the canal are either closed or look depressed and now compare poorly to JBR's The Walk.
The landscaping of Dubai Marina - needs to be greatly improved when compared to say DIFC - more greenery especially palms along the marina promenade would help - and a more professional landscaping finish seems urgent to maintain the status and value of the Dubai Marina project.

Speaking from personal point of view i am quite pleased with the progress, would like an update on when the hotel is going to start they seem to have been piling forever. How are all the Liverpool fans out there? Think Rafa needs to go and Gary Megson to take the reins.Come on u whites and beat the Gunners on Sunday.

I agree jason, i too am fairly pleased with progress but will be significantly happier to see the hotel tower coming out of the ground.

From the above pictures it looks like the central tower is starting to catch the west tower but can anyone out in dubai confirm this? Imre it would be great if you could get a photo from across the marina to give a good perspective of height for both towers.

20th Jan 2009 1 year back from now..

http://farm4.static.flickr.com/3107/3212783066_1f298cf0da_o.jpg

jan 2010

http://i50.tinypic.com/jl5e9e.jpg

I am pleased to hear that you are all happy with progress even though most expected the September 2009 completion to be met with fair precision due to the Hotel.

It has become the norm to expect progress on mainstream developments to advance at a rate of 1 floor per week. Applying a factor of confidence of 75% then over the year I would have given the thumbs up to around 40 floors per tower. What has been achieved is less than 30 floors on average, ignoring the East tower. Given that only 2 of the towers have progressed then it is easy to draw comparisons with the nearby Silverene project which started rising almost at identical dates.

First of all, I accept that applying a workforce of 2000 working 24hrs a day will generate clearly visible progress. However, the silverene project is fully structurally complete with basement parking and extensive podium all visible. The curtain walling glass is fitted to around 60% of the structure and the internal fitout is complete to about 20% of the units. In Bay central the structures are less than 65% complete, basement and podiums are all less than 25%. Other than the test/sample, there is no cladding or glazing and the fitout to apartments is still zero completed.

As most people are happy with this rate of progress the developer will get an easy time and will not be under pressure to improve the situation. I think that if a developer states completion by September 2009, he should do everything possible to secure this date, even if that means hiring 2000 workforce and operationg 24hrs per day.

TB i said i was quite pleased with the progress recently and if you have read my posts you will know im am totally pissed off that i have paid all my money and they have delivered f@ck all on time and continually tell lies with construction dates.

TB i said i was quite pleased with the progress recently and if you have read my posts you will know im am totally pissed off that i have paid all my money and they have delivered f@ck all on time and continually tell lies with construction dates.

I wouldn't let TB wind you up. Progress on all SG (with DCE) sites has been slow for years but they eventually complete. Many investors over the years have tried to do something about relatively slow progress on ALL their projects but have failed. TB has taken great delight over the last 3/4 years continually pointing the slow progress. He is not an investor but a sour puss who continually points out the bleeding obvious. It comes from not having a job.

SG from the start have mislead investors on time scales. They have also been economical with the truth and encouraged/bullied investors to pay on schedule per contract and well ahead of progress. The downside to investors is obvious but, looking for a positive, the upside is that they have plenty of funds in the bag to fund completion come what may.

Completion of west and central towers will be sometime second half of 2011. The internal finishing will be better than the Point and the Torch. When finished BC will sell for more per sq ft above purchase price than the Point and the Torch due to its prime location.

It would suit me very much to have BC completed now but there we are. Unfortunately we'll just have to wait. I'd ignore TB.

I reckon the hotel (maybe with some serviced apartments) will start soon.

Slowhand you seem well informed. Any idea when we can have a look at this "better than TP and TT finishes" that you said would be able to see 6 months ago? And the so called hotel now may have a few serviced appts! Come on spill the beans......

The claim re superior interiors to other SG projects will eventually be shown up to be what it's always been - bollox! The interiors will be the same standard as everywhere else!

The claim re superior interiors to other SG projects will eventually be shown up to be what it's always been - bollox! The interiors will be the same standard as everywhere else!

Where is the showroom that we have been promised? That would help us see what we will be getting!

Im always quite intrigued by this thread. I think you are right to an extent TB with regards to using Silverine as an example of what CAN be achieved, however not really what is the 'norm' for Dubai as a whole. Not that this makes it right its just what investors should plan for.

For example if you look at Beppes photo, the and the Oasis beach commercial tower which is about 4 and a bit floors out of the ground, now look at it a year on. Its only a 12 story building and still not topped out and has no cladding (i think haven’t driven past it in a week or so)

Arabtech at the best no-one will contest that, but BC's progress is not awful either. On average its 0.6 of a floor a week, if you then factor Ramadan, Summer months and Service floors (which take between 4-6 weeks to do) its relatively progressive work that has been done. Just look at Marina Pinnacle Mag 218 Elite Residance ALL of them have recorded much less progress over the last 12 months

What is quite a good comparison however is TGR which has recorded a very similar progress rate between 2007 and 2008 ('boom time') yes they had clad a lot more of it and some internal work was done but it is only 1 tower.

Just some thoughts to add to the debate as I have no bias, just a fan of the marina.

The claim re superior interiors to other SG projects will eventually be shown up to be what it's always been - bollox! The interiors will be the same standard as everywhere else!

I've seen the BC finishes and they are better than the point although not what was sold. In actual fact the finish is very similar to photos posted on Marina Quays thread recently. Kitchens are almost identical.

(1.) TB has taken great delight over the last 3/4 years continually pointing the slow progress................

(2.)...Completion of west and central towers will be sometime second half of 2011........

(3.)I'd ignore TB.



1. It has nothing to do with taking great delight, I just want people to know the facts about the progress and efforts of the developers team. If I can make life difficult for them and shake a bit of life into them, then all good and well. I think my contributions played a part in getting payments delayed and even provoked responses on this forum from the top of the tree.

2. Care to explain your reasoning on how you arrive at this date? I will then take my time to explain how it is IMPOSSIBLE!

3. I think people would be well advised to ignore you. You continually make counter statements without counter argument. I was out on the Point handover by a few months(it should not have been handed over in the condition it was), the Torch is on track to complete within the time frame that I predicted back in 2008, no one believed me then and all assumed it was some vindictive crusade against SP.

There are many hundreds of families out there trying to plan the rest of their lives. It is not helping them when they receive useless info from the developer and others like yourself.

If you have a good case for arriving at your completion date, let's hear it.

1. It has nothing to do with taking great delight, I just want people to know the facts about the progress and efforts of the developers team. If I can make life difficult for them and shake a bit of life into them, then all good and well. I think my contributions played a part in getting payments delayed and even provoked responses on this forum from the top of the tree.

2. Care to explain your reasoning in how you arrive at this date? I will then take my time to explain how it is IMPOSSIBLE!

3. I think people would be well advised to ignore you. You continually make counter statements without counter argument. I was out on the Point handover by a few months(it should not have been handed over in the condition it was), the Torch is on track to complete within the time frame that I predicted back in 2008, no one believed me then and all assumed it was some vindictive crusade against SP.

There are many hundreds of families out there trying to plan the rest of their lives. It is not helping them when they receive useless info from the developer and others like yourself.

If you have a good case for arriving at your completion date, let's hear it.


I actually agree with your points and think your facts are valuable...however you must by now realize that your writing style always comes across as gloating and impartial. You never compare apples with apples. Silverene is not the norm BC unfortunately is!
I thought Silverene was scheduled to complete in December 2009. Does that not mean there late too?

I actually agree with your points and think your facts are valuable...however you must by now realize that your writing style always comes across as gloating and impartial. You never compare apples with apples. Silverene is not the norm BC unfortunately is!
I thought Silverene was scheduled to complete in December 2009. Does that not mean there late too?

Off hand, I think 2 completion dates were initially given by the developer prior to work commencing. They were Dec 09 and June 10. During the continuance of the project a later completion of Dec 2010 was notified.

3 points to make;

1. The original dates were given in good faith and every effort was made to achieve those dates.

2. As soon as it became apparent that the dates were not goint to be met, the developer notified customers of the delay and suspended payments.

3. Cayan have completed 3 projects in the marina all completed within 1 year of the original anticipated date. The next one, Silverene, will be within 6months to 1 year of original date(depending on which original date you have in the agreement). The only project to exceed 1 year will be Infinity and it is patently clear why this is so. Again, payments were suspended during the period of delay.

If SP ever get a project within 1 year it will be a miracle. If they ever give out accurate completion dates it will be an enlightening experience and if they ever suspend payments voluntarily prior to receiving protest from their valuable customers it will be the begining of a new dawn.

I'm sure most SP investors would agree TB that you do provide valuable input here with regard to construction issues but there is one question which has been asked of you many times which you always fail to answer. I'll ask again though I doubt you'll reply so it's pointless really, but I'll try once more. Why is your criticism only directed at SP projects and not at any of the other delayed projects in the Marina ??

I'm sure most SP investors would agree TB that you do provide valuable input here with regard to construction issues but there is one question which has been asked of you many times which you always fail to answer. I'll ask again though I doubt you'll reply so it's pointless really, but I'll try once more. Why is your criticism only directed at SP projects and not at any of the other delayed projects in the Marina ??

Maybe you don't read any other threads:dunno:

Have a look at KPM thread for recent developer criticism or Marina Star amoungst others. I regularly post on many threads on the marina.

http://i50.tinypic.com/2h39b0n.jpg

What it would look like if all under C:

http://i45.tinypic.com/30tjji1.jpg

From the roof of the Marina Mall today

http://i47.tinypic.com/2n8aja8.jpg
http://i47.tinypic.com/x55rti.jpg
http://i45.tinypic.com/21cdpuc.jpg
http://i45.tinypic.com/fpds2.jpg

^^Thank You Sale! :applause:

Thanks 234Sale.

Is it just me or does the site look significatly more tidier/organised?

thks for the photos 234Sale.

There can't be many floors left to build before the west tower tops out - anyone confirm which floor they are currently on? I can't see any tags in the photos.

great pix thanks.. theres prob less than 4 floors on west tower to top out...

would be nice too see some clading going on..

^^Looks like west tower is on level 31 out of 39 so I recon another 8 floors still to do.

Central tower is on level 26 so depending on the official floor count it could be 28 floors still to do.

BTW if Central tower is a mirror of West for the floor profile, looks like they should be forming a mechanical floor again but are not. Think we had a debate about this being a FU before.:runaway:

cladding (the frames) and windows are being done now on the lower floors, as well as interior work. i was on site today!! it will be visible within few weeks.

on the other hand, work on the remaining part of the podium and basement is going at zero speed. there is a lot of work to be done there.



would be nice too see some clading going on..

cladding (the frames) and windows are being done now on the lower floors, as well as interior work. i was on site today!! it will be visible within few weeks.

on the other hand, work on the remaining part of the podium and basement is going at zero speed. there is a lot of work to be done there.

Cheers Glover - did you manage to sneak a view of the show apartment?

^^Looks like west tower is on level 31 out of 39 so I recon another 8 floors still to do.

Central tower is on level 26 so depending on the official floor count it could be 28 floors still to do.

BTW if Central tower is a mirror of West for the floor profile, looks like they should be forming a mechanical floor again but are not. Think we had a debate about this being a FU before.:runaway:

Central and West are completely different. But see...i think you know that.

Cheers Glover - did you manage to sneak a view of the show apartment?

Ive sneaked a peak at show apt. Its better than i thought but not what i was sold. As i said previously look at Marina Quay thread for interior pics and it is very sinilar to them. Kitchens almost identical...

thanks to 234,dxbpc,glover for the info...

i have seen the MQ kitchen pics and i realy like it...hope if someone can post show apt pics..

Glover,Dxbpc...do you think the site is tidy than before???...and what about the Hotel tower progress??

^^ Probably because they have units left to sell

Will take the same shot in 1 month so you can spot the difference

its better, maybe because they are using the unbuilt part of the podium/basement as a storage ground. you can see that from the pictures above, the white boxes.

there is no noticeable progress on the hotel as far as i can see. still a hole in the ground. thanks to 234,dxbpc,glover for the info...

i have seen the MQ kitchen pics and i realy like it...hope if someone can post show apt pics..

Glover,Dxbpc...do you think the site is tidy than before???...and what about the Hotel tower progress??

Central and West are completely different. But see...i think you know that.

From the renders the elevations look identical with the banding design replicating every 5 floors on each. That is why I can not understand how this is going to work if the mechanical floors are not in the same locations on each tower.

More discussion and pics in one day on this thread than there has been in the last month:)

From the renders the elevations look identical with the banding design replicating every 5 floors on each. That is why I can not understand how this is going to work if the mechanical floors are not in the same locations on each tower.

More discussion and pics in one day on this thread than there has been in the last month:)

Greetings from Hangzhou China guys! (god its bleak here!) passed through Dubai last Friday on the way to Hong Kong and took time out to visit Jumeirah Walk and have a look at Bay Central. Firstly, great so many comments over the last 24 hours! From my own point of view, and looking at comments from the last few days. I'd say im happy with the progress made on the west tower in the last 6 months but theres no disguising the fact its going to be a min of 1 year late. If i were an investor in central tower i'd be completely peed off as its clear theres absolutely no way (even from a beginners investors view which i'm not) that it can complee by dec 2010 given the number of floors left to build. When will investors be told.....We know, they know, we know SG read this thread so come on, tell us its going to be significantly more than 1 year late!! My major other concern is the hotel tower. At best this is now going to be 2 years late. I wonder what contract Marriot have signed and if they still intend to persue their investment. I of course hope so. But can anybody blame them if they sack it given a min 2 year delay! I think the Marriot group might have more clout than the rest of us!! It would be nice for some words of re-assurance. However, I'm still waiting for a response from Select Dubai to 3 repeat emails that originate from 3 weeks ago regarding a payment cock up. Quality! On the bright side, location location location. The Jumeriah walk was bouncing when I was there last week, loved it

From the renders the elevations look identical with the banding design replicating every 5 floors on each. That is why I can not understand how this is going to work if the mechanical floors are not in the same locations on each tower.


TB - Mechanical floors in Central Tower are 13 and 34

http://i50.tinypic.com/2h39b0n.jpg

What it would look like if all under C:

Youre too far from home in DB SALE !!:lol::lol:

TB - Mechanical floors in Central Tower are 13 and 34

Thanks for the info, so the design will not match exactly.

http://img716.imageshack.us/img716/4962/img1643.jpg (http://img716.imageshack.us/i/img1643.jpg/)

I dont think i have ever seen so many workers on site!!

Ive sneaked a peak at show apt. Its better than i thought but not what i was sold. As i said previously look at Marina Quay thread for interior pics and it is very sinilar to them. Kitchens almost identical...

if that is the quality we can expect then i think i'm going to very busy putting the apartments right hopefully sp will do the right thing and put in a high standard or the snagging could last for years:bash:

Hi there, not an investor but would highly consider it at this stage. Been following this thread for sometime and really hoping to see pics from this show apt. It apparently exists and is mentioned sporadically however is clouded in mystery and secrecy! For those who've managed to get a 'sneak' preview, please share with the rest of us where exactly it is located i.e. which tower, apt no. etc...how was the viewing possible (i.e. was it through SP/SG or DCE) and why no pics have ever been taken?

Hi there, not an investor but would highly consider it at this stage. Been following this thread for sometime and really hoping to see pics from this show apt. It apparently exists and is mentioned sporadically however is clouded in mystery and secrecy! For those who've managed to get a 'sneak' preview, please share with the rest of us where exactly it is located i.e. which tower, apt no. etc...how was the viewing possible (i.e. was it through SP/SG or DCE) and why no pics have ever been taken?

west tower 504.

^^ Thanks. So this show apt can be viewed through SP/SG/DCE? If so who's the contact plz?

^^ Thanks. So this show apt can be viewed through SP/SG/DCE? If so who's the contact plz?

We believe, If we're lucky we will see the show apartment in our mid February update. The show apartment has been under construction for about 4 months or more. We believe it was constructed once and them taken apart as the fixtures and fittings were not up to scratch. I was told on 19th November that the show apartment was having a few minor changes and would be ready soon.

can we all remember that famous set of sayings that goes like this, the cheques in the post,course i love you, i promise i wont cum in your mouth and best of all the show apartment will be ready soon.

A show appt of a thousand sq ft can be tansformed from a shell to a palace in 10 weeks 3 to 4 men max. Whats the delay here, they have loads of labour available to speed things up. I will be in town half term and push hard to get in there.

A show appt of a thousand sq ft can be tansformed from a shell to a palace in 10 weeks 3 to 4 men max. Whats the delay here, they have loads of labour available to speed things up. I will be in town half term and push hard to get in there.

Nice one CBP!

Didn't someone say that SP/SG would only give the fitout contract if the showroom was up to scratch? Or maybe it has become a DCE training room?

I really can't understand the delay in showing the showroom!:lol:

can we all remember that famous set of sayings that goes like this, the cheques in the post,course i love you, i promise i wont cum in your mouth and best of all the show apartment will be ready soon.

Very good Jason! My gut feeling is we will see the show apartment in the next update and it will be used to bury bad news for the Central tower owners

Nice one CBP!

Didn't someone say that SP/SG would only give the fitout contract if the showroom was up to scratch? Or maybe it has become a DCE training room?

I really can't understand the delay in showing the showroom!:lol:

The mid August 2009 update states that pictures of completed internals of the mock up apartment should be available in the next few weeks.........:ohno:

hi guys have you come across this ?is this same select prop. as we bought our properties?

Quote:
Originally Posted by Oggie
Gerardo Cantore used to work for Antonio Hernandez Gomis.
The company was fincaexpert they then were directors of Cleyton Ges.
Both companies built properties in Spain - they were mostly illegal.
Owners have no water and mains electric.
No roads also.
Anybody like to comment on Select Property and there links to these peoples.

Both have dealing in middle east,


Gerardo Cantore was an employee of the Spanish developer Cleyton Ges and Select Property was one of its appointed agents, selling properties in their development 'Las Higuericas' mainly in 2006 and 2007.

Las Higuericas was a great development concept of high quality in an under-developed area of outstanding natural beauty, but ultimately - as with many projects in Spain - commercial complications have prevented the first phase of properties being handed over after they were completed at the end of 2008.

Gerardo left the company for personal reasons when Las Higuericas was not able to proceed, in spite of the dedication and good faith he had shown over many years to the developer and to buyers who bought homes there.

Al though there have been numerous stories about illegal property developments in some areas of Spain there is no evidence that Las Higuericas did not follow the normal planning and development procedures in accordance with the relevant laws in the region. The project hit financial difficulties as the Spanish property market in general declined, which Cleyton Ges and CAM bank (who funded the development) are currently trying to resolve behind closed doors.

Although most of the buyers who purchased homes are now going through a process to get their deposits back, both Gerardo Cantore and Select Property are still owed considerable sums from Cleyton Ges for the services they provided to promote the development.

Select Property recognised the strong experience and integrity of Gerardo had shown through our dealings with him at Cleyton Ges and after he left we offered him an opportunity to work with us at Select Property. He works for the company largely in a business development role expanding our presence in a number of European countries.

Select Property has a long and successful track record as a property agent specialising in developments in the UAE and is not linked to Antonio Hernandez other than having acted as an agent of Cleyton Ges in the past.

If any readers of this forum have any experiences with Cleyton Ges that they want to share with us we would be interested to hear from you, either privately through this forum or you can find our contact details on the Web.

A show appt of a thousand sq ft can be tansformed from a shell to a palace in 10 weeks 3 to 4 men max. Whats the delay here, they have loads of labour available to speed things up. I will be in town half term and push hard to get in there.

^^Just another SP murder mystery.

The delays to Bay Central could end up being a massive own goal for Select. New laws are being introduced to protect purchasers from "Unscrupulous developers". The article reads that developers who over run massively could be forced to provide alternative property or compensation. If the finished property does not live up to the specification then you may be entitled to a refund.

If this law actually gets passed, I can see a few developers going down the tubes.

http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100124/BUSINESS/701249867/1133


New Dubai Land law promises property refunds
Bradley Hope

Last Updated: January 24. 2010 11:35PM UAE / January 24. 2010 7:35PM GMT ABU DHABI //

Property investors in Dubai will be eligible for refunds or replacement property if they fall victim to unscrupulous or failing developers, under laws planned for this year.

And developers will face new financial penalties if the buildings they promise are not delivered on time, or to agreed specifications.



Details of the proposed laws were revealed in a newsletter from the law firm Al Tamimi and Company, which ran a dialogue between Lisa Dale, the head of the firm’s property practice, and Emad Eldin Farouq, a senior legal adviser at the Dubai Land Department.

^^Just another SP murder mystery.

The delays to Bay Central could end up being a massive own goal for Select. New laws are being introduced to protect purchasers from "Unscrupulous developers". The article reads that developers who over run massively could be forced to provide alternative property or compensation. If the finished property does not live up to the specification then you may be entitled to a refund.

If this law actually gets passed, I can see a few developers going down the tubes.

http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100124/BUSINESS/701249867/1133

TB is scaremongering again. Some context is required.

The move towards tightening up regulations for developers is welcome but will come too late for BC and will probably take years to be effective in practice. Most developers have used stand alone companies known as SPVs to do developments so if losses are going to be made the SPV is allowed to go bust. If these laws are enacted for the future then the developer will have to be much, much better capitalised than they are at present. Bay Central Developments, the BC developer, is almost certainly a SPV, won't be well capitalised with THEIR funds but has plenty of OUR funds because almost all the BC apartments were sold up front and investor payments are well ahead of construction progress. All the signs are that the escrow procedures are in place to protect the use of our funds.

Select Property, the selling agents based in Wilmslow, despite what you might think, have no legal connection to the developer Select Group in Dubai. They are totally separate businesses owned by completely different people. The developer very much does his own thing in his own way. If you read through the Torch and Point threads you will glean this from the posts made over the past 3/4 years by quite a few people who have taken the time and trouble to understand the commercial situation we are in.

There is a market for properties in BC and the Torch so you can sell if you wish but you will get a better price when handover is within 6 months. If you sell UK investors will clearly benefit from the change in exchange rate in their favour and should at least get their money back.

BC will be late as we all know but it will complete. The internal finish will be not luxury (as many believed it would be) but better than the Point and Torch.

Our experience at BC is very disappointing against what we thought we were getting. The delay of around 2 years is far too long. However it is not as bad as with some other developments and not as good as others. It seems "par for the course" for Dubai.

The delay is clearly connected to the use of DCE as progress on Botanica is much speedier once construction started. Also cash flow I would think is an issue particularly regarding the hotel and I think this is having a major bearing on progress of the two residential towers. Why push on and pay for extra labour to finish the two residential towers when you may not be able to hand them over because the site is not in a fit state because of the hotel? Some think you can isolate the hotel on the site so the West and Central towers can be hand over. I wouldn't know whether this is feasible.

Most agree that the marina is emerging as the place to live in Dubai and the Walk is very, very popular. Unlike the Palms, most construction will have finished in the marina in 2 years and it will be a very attractive place or holiday to live if you like places like Dubai which I think most of us do. BC is in one of the best spots.

The financial outcome for those that bought at the Point is OK in that they can be sold and rented easily at an OK profit considering the circumstances.
BC should be no different and I think will be better.

So overall not great but not a disaster either. That I think is a fair appraisal of our situation. There is no point is getting stressed out. In practice there is not much we can do. Ignore TB.

TB is scaremongering again. Some context is required.

The move towards tightening up regulations for developers is welcome but will come too late for BC and will probably take years to be effective in practice. Most developers have used stand alone companies known as SPVs to do developments so if losses are going to be made the SPV is allowed to go bust. If these laws are enacted for the future then the developer will have to be much, much better capitalised than they are at present. Bay Central Developments, the BC developer, is almost certainly a SPV, won't be well capitalised with THEIR funds but has plenty of OUR funds because almost all the BC apartments were sold up front and investor payments are well ahead of construction progress. All the signs are that the escrow procedures are in place to protect the use of our funds.

Select Property, the selling agents based in Wilmslow, despite what you might think, have no legal connection to the developer Select Group in Dubai. They are totally separate businesses owned by completely different people. The developer very much does his own thing in his own way. If you read through the Torch and Point threads you will glean this from the posts made over the past 3/4 years by quite a few people who have taken the time and trouble to understand the commercial situation we are in.

There is a market for properties in BC and the Torch so you can sell if you wish but you will get a better price when handover is within 6 months. If you sell UK investors will clearly benefit from the change in exchange rate in their favour and should at least get their money back.

BC will be late as we all know but it will complete. The internal finish will be not luxury (as many believed it would be) but better than the Point and Torch.

Our experience at BC is very disappointing against what we thought we were getting. The delay of around 2 years is far too long. However it is not as bad as with some other developments and not as good as others. It seems "par for the course" for Dubai.

The delay is clearly connected to the use of DCE as progress on Botanica is much speedier once construction started. Also cash flow I would think is an issue particularly regarding the hotel and I think this is having a major bearing on progress of the two residential towers. Why push on and pay for extra labour to finish the two residential towers when you may not be able to hand them over because the site is not in a fit state because of the hotel? Some think you can isolate the hotel on the site so the West and Central towers can be hand over. I wouldn't know whether this is feasible.

Most agree that the marina is emerging as the place to live in Dubai and the Walk is very, very popular. Unlike the Palms, most construction will have finished in the marina in 2 years and it will be a very attractive place or holiday to live if you like places like Dubai which I think most of us do. BC is in one of the best spots.

The financial outcome for those that bought at the Point is OK in that they can be sold and rented easily at an OK profit considering the circumstances.
BC should be no different and I think will be better.

So overall not great but not a disaster either. That I think is a fair appraisal of our situation. There is no point is getting stressed out. In practice there is not much we can do. Ignore TB.

I think it is you who is scaremongering!:lol:

Yeah, ignore me. Does the idea of getting compensation for an apartment that was sold as the most luxurious, and now possible source of embarrasment following the disclosure of the cheaper Silverene unit, sound like scaremongering?

^^
^^
Just to pick up on a couple of points posted by TB and Slowhand...
BC is officially registered as two plots, res and hotel, therefore can be handed over seperately.
Unfortunatly with regard to luxury finishing...The SPA states very clearly what we are entitled to under contract. SG/SP are providing exactly this! What they are not providing is what was shown in the website renders and marketing literature which most of us assumed we would get...


SP AND SH are shysters there is no denying this.
SP are still selling the apartments using the same dates, renders, info which they now know to be untrue.
SG are way further behind than there revised schedule but still no official notification to update us.
SG refuse point blank to help LPP investors even although they are now well behind. I know for a fact if your on LPP and ask for a delay you will be told the building "you bought in" is a higher percentage finished than you have paid and in fact they should be taking more money off of you...so shut up or else basically. However they don't offer you money back if your on SPP and way over paid...think its called double standards.
SG still have no direct contact regarding SPP payment delay and leave it open to interpretation...which is shocking!
Both have blatant disregard for all their investors which is shown in the day to day dealings...or lack of!


When i was sold my apartments it was pitched mainly on the location, hotel, and luxury finishing. This law can only be of benefit to people like us that ARE being ripped off and treated poorly. The only guaranteed factor is the location...which i personally do believe to be one of the best. The others are not there! Where is the HOTEL?
I would like to be able to challenge these people as they are chancing con men only interested in making money for themselves...in my humble opinion.
Rant finished...sorry but its how i feel!

From November 2006;
Dubai Select has launched the $408m Bay Central project in Dubai Marina. In conjunction with Barclays Bank and Emaar Properties, purchasers at Bay Central will receive full protection of their funds throughout the construction period via an escrow account. The project combines residential property with serviced apartments and a 55 storey five star hotel; the project is due for completion by September 2009.

About Dubai Select Properties:

UAE-based Dubai Select is a leading authority on buying property in Dubai for investment purposes. Its extensive portfolio of luxury apartments are built to the highest specification and located in the most desirable areas in order to ensure customers get the maximum return on their investment, whether that’s through rental or resale.

Bay Central is the third development Dubai Select has launched in the Marina. The others – The Torch and The Point – are 95% and 85% sold out respectively. Dubai Select focus heavily on after sales, and recognise that exit strategies, rentals and associated services all of which is delivered through their unique member services division.

The company has been operating in Dubai since 2003 from offices on Sheikh Zayed Road, in addition to show rooms in the UK and Australia.

^^
^^
Just to pick up on a couple of points posted by TB and Slowhand...
BC is officially registered as two plots, res and hotel, therefore can be handed over seperately.
Unfortunatly with regard to luxury finishing...The SPA states very clearly what we are entitled to under contract. SG/SP are providing exactly this! What they are not providing is what was shown in the website renders and marketing literature which most of us assumed we would get...


SP AND SH are shysters there is no denying this.
SP are still selling the apartments using the same dates, renders, info which they now know to be untrue.
SG are way further behind than there revised schedule but still no official notification to update us.
SG refuse point blank to help LPP investors even although they are now well behind. I know for a fact if your on LPP and ask for a delay you will be told the building "you bought in" is a higher percentage finished than you have paid and in fact they should be taking more money off of you...so shut up or else basically. However they don't offer you money back if your on SPP and way over paid...think its called double standards.
SG still have no direct contact regarding SPP payment delay and leave it open to interpretation...which is shocking!
Both have blatant disregard for all their investors which is shown in the day to day dealings...or lack of!


When i was sold my apartments it was pitched mainly on the location, hotel, and luxury finishing. This law can only be of benefit to people like us that ARE being ripped off and treated poorly. The only guaranteed factor is the location...which i personally do believe to be one of the best. The others are not there! Where is the HOTEL?
I would like to be able to challenge these people as they are chancing con men only interested in making money for themselves...in my humble opinion.
Rant finished...sorry but its how i feel!

I don't have the benefit of a specification sheet, just some of the press releases like the one posted by Dubai Steve above. If the apartments are not built to the highest specification, then surely that is the type of miss selling the new laws are out to punish.

I don't have the benefit of a specification sheet, just some of the press releases like the one posted by Dubai Steve above. If the apartments are not built to the highest specification, then surely that is the type of miss selling the new laws are out to punish.[/QUOTE]

TB, I do and all buyers should have a spec sheet in their contracts which we can revert to. I was told the Wilmslow and Dubai offices became different entities around February last year.

The problem is the specification is and will be provided as per the SPA but the apartmentS were sold using clever marketing and lovely photos.
That said there are very few good developers just differing degrees of bad. Ironically one of the only on time handovers i recieved was from Diamond Investment of Marina Diamond fame. I thought they were bad but on reflection were among the best. Priced accordingly and on time.
Even Cayan...as you know TB...ARE in with the bad. All there projects to date are around a year late...some more... and they move the contractual goalposts like everyone else when it comes to handover and final payment. Dorra over a year late...Silverene should have been handed over in Dec 09, Infinity...is infinately late...etc.
Facing us accross the water - The Atlantic - to the left of Marina Mall is already 5 yrs behind initial completion date and the latest was dec 09 however no where near that...they have also changed the T&C's of SPA and told investors to deal with it.
JBR...where's the beach park and luxury apartments?
Pier 8...?
My point is they are all the terrible...just different levels of bad and not one of them should get any praise for being "less terrible" than the rest.

slowhands99, what planet are you on, or what have you been smoking ? SG/SP are manipulative & masters of deception, now you see it and now you don't get the picture. Get out of SG/SP arse, & look at the facts.

slowhands 99 ,Stop manipulating the good and honest folk of SCC there are not stupid..:ohno:

The problem is the specification is and will be provided as per the SPA but the apartmentS were sold using clever marketing and lovely photos.
That said there are very few good developers just differing degrees of bad. Ironically one of the only on time handovers i recieved was from Diamond Investment of Marina Diamond fame. I thought they were bad but on reflection were among the best. Priced accordingly and on time.
Even Cayan...as you know TB...ARE in with the bad. All there projects to date are around a year late...some more... and they move the contractual goalposts like everyone else when it comes to handover and final payment. Dorra over a year late...Silverene should have been handed over in Dec 09, Infinity...is infinately late...etc.
Facing us accross the water - The Atlantic - to the left of Marina Mall is already 5 yrs behind initial completion date and the latest was dec 09 however no where near that...they have also changed the T&C's of SPA and told investors to deal with it.
JBR...where's the beach park and luxury apartments?
Pier 8...?
My point is they are all the terrible...just different levels of bad and not one of them should get any praise for being "less terrible" than the rest.

You have convinced yourself that Cayan are in with the bad, and constantly allude to me agreeing with this. Sorry, but this is not my opinion.

Dorrabay was only 11 months late, people started moving in November 08. I did not get my keys until Feb 09 but that was because I had not made the final payment. They did put me under pressure for the money but that is to be expected when you are a few months late and the value is 30%, not the 10% normal with others. The final cost of Dorrabay was around 650AED/ft. At that level I am prepared to put up with a bit of pressure for the money.

Your facts about the Atlantic are just wild! The project was only launched October 2005 and yet you claim it is already 5 years late. It isn't even 5 years old.

Both the Torch and BC will be in the region of 3 years late, I bet Infinity delay is less than them both.

Here is my first post about Silverene as shown on the first page of the thread. I was offered the preferential discount but at the time they could not confirm the finishes schedule so I thought that an average of 1000AED/ft was expensive for something that could have ended up MD quality. As it turns out, the quality is very good for the money by comparison with SP.

http://www.skyscrapercity.com/showpost.php?p=11642879&postcount=11

Look through the early pages of BC thread and you will read me warning people about highly possible lengthy delays, undefined luxury and overpricing. Note also the rebukes I had to put up with through all this. I continue to be pretty accurate with my assertions and the shit keeps coming..:storm:

:)

i am sick and tired of this f..... idiot who is keep bashing BC and TORCH investor...
How can BC will be late for 3 years where original official completion date was DEC 2009--- do you think it will be DEC 2012??? ...just fucking think twice before you write anything as you are intentionaly misleading the future and current investors...:bash:
I have read thousands of bad stories around UAE...compare to them i am very happy with the progress and quality will be much more better -- ...so shut the ...... you ...... .....

i am sick and tired of this f..... idiot who is keep bashing BC and TORCH investor...
How can BC will be late for 3 years where original official completion date was DEC 2009--- do you think it will be DEC 2012??? ...just fucking think twice before you write anything as you are intentionaly misleading the future and current investors...:bash:
I have read thousands of bad stories around UAE...compare to them i am very happy with the progress and quality will be much more better -- ...so shut the ...... you ...... .....


^^Sept 09 Actually. And Yes I do think it will be Sept 2012 for completion OR LATER!

Like I say:storm:

^^Sept 09 Actually. And Yes I do think it will be Sept 2012 for completion OR LATER!

Like I say:storm:

I have to go with TB estimate. Torch was launched in May 2004 just after the Palm rush. 2010 still not handed over.
ihave been to dubai on numerous occasions.although the 2 towers seem to be progressing well Podium is still in infancy. See comments glover on scc.
I think it will be 2012. Dont forget the point that expats have left dubai and not many banker or private companies around who is going to rent your apartments.

^^^^All those who had booked into the so called HOTEL:lol:

hi everyone, according to contract if handover over 1 yr late and no force majeur then 1% refund( not sure if that is per mth /per yr or on handover) and what is the 1% ( ie 1% of purchase price i presume)

any ideas

sanjay

^^Sept 09 Actually. And Yes I do think it will be Sept 2012 for completion OR LATER!

Like I say:storm:

TB Do you think Sept 2012 for the completion of BC including the hotel or just the West and Central towers?

never thought i would agree with you on matters dealing with BC, but you are sure right on target here. great to see you are finally seeing what these people are really are!

if this law gets enacted, Select and other similar developers would need to set a side a hefty budget for lawsuits.

^^
^^
Just to pick up on a couple of points posted by TB and Slowhand...
BC is officially registered as two plots, res and hotel, therefore can be handed over seperately.
Unfortunatly with regard to luxury finishing...The SPA states very clearly what we are entitled to under contract. SG/SP are providing exactly this! What they are not providing is what was shown in the website renders and marketing literature which most of us assumed we would get...


SP AND SH are shysters there is no denying this.
SP are still selling the apartments using the same dates, renders, info which they now know to be untrue.
SG are way further behind than there revised schedule but still no official notification to update us.
SG refuse point blank to help LPP investors even although they are now well behind. I know for a fact if your on LPP and ask for a delay you will be told the building "you bought in" is a higher percentage finished than you have paid and in fact they should be taking more money off of you...so shut up or else basically. However they don't offer you money back if your on SPP and way over paid...think its called double standards.
SG still have no direct contact regarding SPP payment delay and leave it open to interpretation...which is shocking!
Both have blatant disregard for all their investors which is shown in the day to day dealings...or lack of!


When i was sold my apartments it was pitched mainly on the location, hotel, and luxury finishing. This law can only be of benefit to people like us that ARE being ripped off and treated poorly. The only guaranteed factor is the location...which i personally do believe to be one of the best. The others are not there! Where is the HOTEL?
I would like to be able to challenge these people as they are chancing con men only interested in making money for themselves...in my humble opinion.
Rant finished...sorry but its how i feel!

Dont forget the point that expats have left dubai and not many banker or private companies around who is going to rent your apartments.

rents have dropped but properties in Marina are still in demand. Seems like anyone in the Point who wanted to rent has been able to do so. Properties in JBR still get tenants if the rent is in line with market (I have just rented mine).

^^Sept 09 Actually. And Yes I do think it will be Sept 2012 for completion OR LATER!

Like I say:storm:

^^Well if we're looking for specifics, when the development was at pre-launch select had Sept 09 in mind however as far as contracts go, I'm pretty sure everyone has a contractual completion date of Dec 09.

Personally I think completion of the two residential towers will be around September 2011 with handover a couple of months afterwards.

^^They need more men on site then as 2-300 is not enough, as is evidenced by the constant slipage of their milestone estimates.

In the last update they had the hotel foundation raft complete by Feb10, still not started!

They had the cladding to central tower starting in Sept 09 and complete by Aug10, still not started.

Basement......................................still not started. Seeing a pattern develop yet? It is impossible to plan when something will finish if you don't even know when it will start.

Next update should be fun, can't wait! I predict that everything will have been moved back 2 months since the last dates given 2 months ago. Everything except the completion date that is;)

^^They need more men on site then as 2-300 is not enough, as is evidenced by the constant slipage of their milestone estimates.

In the last update they had the hotel foundation raft complete by Feb10, still not started!

They had the cladding to central tower starting in Sept 09 and complete by Aug10, still not started.

Basement......................................still not started. Seeing a pattern develop yet? It is impossible to plan when something will finish if you don't even know when it will start.

Next update should be fun, can't wait! I predict that everything will have been moved back 2 months since the last dates given 2 months ago. Everything except the completion date that is;)

Agree completely but bet you see some nice shots of the show apartment in the update. Alistair Campbell eat your heart out

^^Sept 09 Actually. And Yes I do think it will be Sept 2012 for completion OR LATER!

Like I say:storm:

I'd have to agree with TB(as much as it hurts :) ), but TB is far closer to the actual HO date than SP will have you believe.

BC is what 30% complete(if you include hotel tower)?
how long will it take to complete the remaining 70%?

Investors you need to be honest with yourselves. No point bashing TB facts on the ground speak for themselves.

SP need to double the workforce if they want HO in 2011. Is this going to happen???

Guys, take a look at todays gulf news.com and head to the business section then property. It makes interesting reading

Regarding timescales, more information for BC investors and other non-investors such a TB and MOAF (drop the M that would be a more appropriate moniker :)) to consider

PODIUM
This will be crescent shaped to follow the three towers. Regarding depth of the crescent, the back of the podium in the middle will be the back of the central tower. This explains the apparent lack of progress on the podium in that it will not cover the whole site as we thought.

ACCESS TO THE SITE
Will be via ramps from the rear. These will be situated in the middle of the three towers at the rear. That is why the podium will not cover the whole site because space is required for the ramps.

HEIGHT OF TOWERS
As we know the following nomenclature is being used to denote the floors B5 to B1, G, M, G1, G2 etc. The top residential floor in West Tower will be G39 and there will be an additional floor for services apparently. Likewise for the Central Tower, the top residential floor will be G48 plus one for services. As someone has previously posted the two mechanical floors for the central tower will be 13 and 34.

Based on current progress, I estimate that the central tower will top out June/July 10. On the basis that there is not that much to do on the podium, my opinion is handover will be late Autumn 2011 unless lack of progress on the hotel prevents this in some way.

Based on current progress, I estimate that the central tower will top out June/July 10. On the basis that there is not that much to do on the podium, my opinion is handover will be late Autumn 2011 unless lack of progress on the hotel prevents this in some way.

Slowhand it took SP 1yr to do 27floors if as you say there are 48fls on central twr
that leaves 21.
Thats 4 floors a month to top out by June/July. :nuts:
Is anyone going to keep track ?

I think your being optimistic, Nothing wrong with that :), but don't bet your apartment on it :nuts:

if the current podium design has changed then it hasnt been reduced much..

how much time will that save?


http://i49.tinypic.com/2dw6oex.jpg

i am sick and tired of this f..... idiot who is keep bashing BC and TORCH investor...
How can BC will be late for 3 years where original official completion date was DEC 2009--- do you think it will be DEC 2012??? ...just fucking think twice before you write anything as you are intentionaly misleading the future and current investors...:bash:
I have read thousands of bad stories around UAE...compare to them i am very happy with the progress and quality will be much more better -- ...so shut the ...... you ...... .....

Actually, I think Dec 2012 for handover is not far off.

Actually, I think Dec 2012 for handover is not far off.

how do you arrive at this estimate? that is nearly 3 years from now or about 2.5 years or 2.25 years after both residential towers top out

how do you arrive at this estimate? that is nearly 3 years from now or about 2.5 years or 2.25 years after both residential towers top out

A combination, Matthew, of progress to date with BC and the track record with other projects, especially The Torch.

if the current podium design has changed then it hasnt been reduced much..

how much time will that save?


http://i49.tinypic.com/2dw6oex.jpg


we could do with an assessment of how much has already been done and what there is to do on the podium. Some up to date pictures would be a good starting point if anyone can help out.

Podium has changed significantly since launch and now has completely different entrance which is in fact more detailed and larger...so will take longer.

It also now has one large square 20m*20m pool for west and central use. The podium deck is huge and should, if finished properly, be quite special.

http://i46.tinypic.com/2v167n9.jpg

^^Do we have a revised render for the hotel tower? It looks as if it is now a rectangular shape without balconies from the above render. If this is the case then it will completely spoil the symetry of the design.

Couple of other observations;


The curved glass column added onto the side of West tower, does not marry with the floor plans or the floor plates cast.

The buildings to the West of Bay West tower look as if they form part of the villas or retail. They look very close to and will not be very pretty to look out at from the apartments on the first few floors.

The mechanical floors are not as constructed either. So we don't know how out of date the above pic is.

Do we have any other renders that show the new shape of the development from other angles?

theres two designs of podium dont know which one is the resent one


http://www.select-group.ae/images/our_developments/bay_central/img_1.jpg

http://www.dubai-marina.com/wp-content/gallery/bay-central/bay-central-towers.jpg

^^These are old ones before the Hotel moved to East tower. The central ramps are for arriving/departing hotel guests.

We need a render which shows the appearance of the new East tower design which is likely to be rectangular box shaped with perhaps no balconies according to the pic supplied by DXBPC.

29/January/2010

Bay Central

http://i47.tinypic.com/29xfyus.jpg

http://i50.tinypic.com/v81xr5.jpg

http://i45.tinypic.com/97ifcw.jpg

http://i47.tinypic.com/2n7lcsn.jpg

http://i49.tinypic.com/160vncx.jpg

http://i48.tinypic.com/f1kuc4.jpg

great pix, cladding going on, i make it central 26 west 32

Great photos Imre - as usual you make my Friday!

[QUOTE=Imre;50961653]29/January/2010

great work Imre.

These building will look amazing when complete. (Hopefully before 2012:lol:)

Slowly, but surely we are making progress!

Hey TB, I have seen that new BC render a million times, but you pointed out the shape of the hotel is now more rectangular. I never noticed that before, probably only looking at central tower, but I think you are right.

This project of 3 similar towers will become 2 similar towers with a glass office type building next to it. Let's hope the colour of the glass matches at least - it does look a fantastic shade of blue!

what is that??

http://i49.tinypic.com/34ynvkp.jpg

Something a bit more permanent for the security guard, I guess. Been 2 years in a hut, think he deserves something cool for the hot summers.:)

great pix, cladding going on, i make it central 26 west 32

thks for the photos Imre.

the fitting out of the towers (cladding and internal fittings) is probably now the most timeconsuming task on the critical path to handover. It is conceivable that this process could be done quicker than some envisage. TB and a few others will say that this is just dreaming. Each tower is much smaller than the Torch and each tower can be worked on at same time. Time will tell.

what is that??

http://i49.tinypic.com/34ynvkp.jpg

we've had a collection. Its a box we've had built to put TB in so he is forced watch progress at BC excellerate and to eat his words. :lol:

Please lookup Dubai Real Estate Recovery Scheme web address: www.rerauk.com for dealing with the new breed of thugs operating in Dubai called Developers. RERAUK are offering their services on a 'NO WIN NO FEE' basis.

Vijay

Viijay -- that's a load of old bollocks - these guys should be hung out to dry for fraud for using RERA name in UK

Read the small print mate they are "consolidation salesmen" the latest
"legal con" in DUBAI is being exported to UK
- I have written to my business contact at MAN U -they are using OLD TRAFFORD as selling space UTD have enough trouble financially without getting involved with that scam !


By the way this RERA stands for REAL ESTATE RECOVERY AGENCY

This is the key bit on their "blurb" I just copied off their site
51. Where would you like to Transfer your Investment? (Please select one)

In Dubai - with a RERA Approved Project and Escrow Account
In USA - with Ready to Move in Completed 3 bedroom Villas
In Europe - with a Completed Property

1. E-Mail, to RERA UK Claim Assessments at claimassessments@rerauk.com
2. or Post, RERA UK, Devonshire House, Manor Way, Borehamwood, Herts WD6 1QQ
3. or Fax, 0845 301 6732

If you have any questions then call us on 0845 130 3393.

BEWARE BE VERY BEWARE !!!!!!!!!!!!!!!!!!!!!!!!!!!!

Viijay -- that's a load of old bollocks - these guys should be hung out to dry for fraud for using RERA name in UK

Read the small print mate they are "consolidation salesmen" the latest
"legal con" in DUBAI is being exported to UK
- I have written to my business contact at MAN U -they are using OLD TRAFFORD as selling space UTD have enough trouble financially without getting involved with that scam !


By the way this RERA stands for REAL ESTATE RECOVERY AGENCY

This is the key bit on their "blurb" I just copied off their site
51. Where would you like to Transfer your Investment? (Please select one)

In Dubai - with a RERA Approved Project and Escrow Account
In USA - with Ready to Move in Completed 3 bedroom Villas
In Europe - with a Completed Property

1. E-Mail, to RERA UK Claim Assessments at claimassessments@rerauk.com
2. or Post, RERA UK, Devonshire House, Manor Way, Borehamwood, Herts WD6 1QQ
3. or Fax, 0845 301 6732

If you have any questions then call us on 0845 130 3393.

BEWARE BE VERY BEWARE !!!!!!!!!!!!!!!!!!!!!!!!!!!!

From one red to another, I've looked at the website also and the whole thing stinks!

From one red to another, I've looked at the website also and the whole thing stinks!

Just hope MAN U see through it after my warning ??

ps what do Sir Paul Mcartney and City have in common ?
.
.
.
.
.
They both got excited over one leg ?

BAY CENTRAL looking like it may get finished by MID 2011 ( west and centrl anyway )

what is that??

http://i49.tinypic.com/34ynvkp.jpg

Thats the pool.

Hi

Like many of you probably, I have paid 70% so far. My next instalment would have taken this to 90% but I have decided to give that a miss and informed both RERA and SP about this. Guess what haven't heard anything from either of them so far (no surprises there!). I am a bit concerned about losing my 70% stake so far (can they do this? Surely not given progress is nowhere near 50%?)

Anyone in the same position as me?

Dont be streesed out just realise that you have been shafted like the rest of us, i was and still am pissed off with the way that we have all been promised the earth and so far delivered nothing.Slowly but surly they are ploding along with the build and i dont see why this will change until they decide when to complete,i have paid 90% of my payments on time as per contract and have been treated with complete contempt, the next interesting part is when they try to get the next payment off me.

Viijay -- that's a load of old bollocks - these guys should be hung out to dry for fraud for using RERA name in UK

Read the small print mate they are "consolidation salesmen" the latest
"legal con" in DUBAI is being exported to UK
- I have written to my business contact at MAN U -they are using OLD TRAFFORD as selling space UTD have enough trouble financially without getting involved with that scam !


By the way this RERA stands for REAL ESTATE RECOVERY AGENCY

This is the key bit on their "blurb" I just copied off their site
51. Where would you like to Transfer your Investment? (Please select one)

In Dubai - with a RERA Approved Project and Escrow Account
In USA - with Ready to Move in Completed 3 bedroom Villas
In Europe - with a Completed Property

1. E-Mail, to RERA UK Claim Assessments at claimassessments@rerauk.com
2. or Post, RERA UK, Devonshire House, Manor Way, Borehamwood, Herts WD6 1QQ
3. or Fax, 0845 301 6732

If you have any questions then call us on 0845 130 3393.

BEWARE BE VERY BEWARE !!!!!!!!!!!!!!!!!!!!!!!!!!!!


Yep.

I may start a new thread for real estate scams..

MAnUtd is totally correct, It is a load of rubbish, I will ban anyone that links to Real Estate Scams, unless they say fully it's a SCAM,,

SP bashers should just look around Dubai at the number of empty sites where money has been taken and there is no real prospect of projects being completed.

At least Select are now making good progress - admittedly after a slow start -and it looks like mid 2111 for HO of West and Central Towers, which by comparison with many other projects will not be too bad (cf the poor early investors in Wind Towers, Eden Blue, Al Saqran Tower etc).

Oops....2011!

Fat fingers...

SP bashers should just look around Dubai at the number of empty sites where money has been taken and there is no real prospect of projects being completed.

At least Select are now making good progress - admittedly after a slow start -and it looks like mid 2111 for HO of West and Central Towers, which by comparison with many other projects will not be too bad (cf the poor early investors in Wind Towers, Eden Blue, Al Saqran Tower etc).

So if it is not delivered by mid 2011, you will offer an apology to the "Select bashers" or will you hide like all the rest that said;

it will be 2009 for sure due to the hotel.
it will be 2010 as every project has a delay.
Or will your answer will be, check my post, I said 2111:lol:

Seriously though, at this stage everyone is entitled to an opinion and I know your intention it to offer comfort to those who put their faith in the developer and who now see themselves out of pocket by upto 90% with no prospect of any return in the near or not so distant future. But people need honesty, not comforting opinions.

Select know what's happening with the hotel but are not releasing it to those with a geniune financial interest. These people did not chose to invest in the developments you listed operated by HasAli Bin Stealing developer LLC. They invested in a UK company with offices in their neighbourhood run by friendly British people they thought they could trust. People just want to be able to plan for their futures with a certain degree of accuracy and honesty. I want to help them with as accurate as possible "opinions" based on my reasonably good knowledge of developers, contractors and the construction process.

Lets see what the Feb update produces, hopefully a bit more constructive honesty!

So if it is not delivered by mid 2011, you will offer an apology to the "Select bashers" or will you hide like all the rest that said;



Select know what's happening with the hotel but are not releasing it to those with a geniune financial interest. These people did not chose to invest in the developments you listed operated by HasAli Bin Stealing developer LLC. They invested in a UK company with offices in their neighbourhood run by friendly British people they thought they could trust. People just want to be able to plan for their futures with a certain degree of accuracy and honesty. I want to help them with as accurate as possible "opinions" based on my reasonably good knowledge of developers, contractors and the construction process.

Lets see what the Feb update produces, hopefully a bit more constructive honesty!

You're 100% right TB. We invested in a North West UK company that used to keep in regular contact with their clients until 14 months ago. I do have a genuine worry about the hotel. If you were a huge group and not an individual, would you accept a min 2 year delay? A little reassurance would be good. Feb will be an interesting update bearing in mind there's no way the central tower will top out until July at the earliest.

Hi
found these on Select's website of The Point. Interesting...

http://i46.tinypic.com/2rnafl1.jpg

http://i49.tinypic.com/w19um0.jpg

http://i46.tinypic.com/2gvpoo0.jpg

http://i48.tinypic.com/23kz11t.jpg

http://i46.tinypic.com/2q9j69t.jpg

http://i50.tinypic.com/69kkyq.jpg

...just shows you what a good photographer can do!

Look nice and quality looks good enough.

Look nice and quality looks good enough.

Enough for what?:bash::bash:

Enough for what?:bash::bash:

Think the budget for the kitchen was about £2k. Is that enough?

TB even you are calling it a hotel now! What you been drinking?

Look nice and quality looks good enough.

i agree with you...i think its really nice..i want to hear some comment from actual Point owners and not from the Select basher.

TB even you are calling it a hotel now! What you been drinking?

The latest render shows a different style of building altogether which makes me think they are going down the road of a redesign. Surely they would only do this to keep a hotel partner onboard.

What worries me is a thought I had about the switch from Centre to East. Possibly the hotel operator was not happy taking on such a large capacity building that would have higher running costs and would need filling up to make money. If they did their homework, and I'm sure they have, they would know about all the other hotels opening in the marina and that they would be last in the market. They might have asked Select to reduce the capacity to a more manageable level, how small we don't know but it may not be the same height as West tower. If it was only 20 floors the hotel could be online quicker instead of being too far down the unpredictable market line, downside is the design of the developement would suffer. We need answers!

i agree with you...i think its really nice..i want to hear some comment from actual Point owners and not from the Select basher.

It's not the luxury they were promised and had paid for.

Go into any kitchen showroom or appliance showroom and see how easy it is to find appliances as cheap and nasty as the ones featured in this kitchen. It's not easy, I tried just to get a feel and found a similar hob and extractor in B&Q Diy, both for under £100 in total. Those square plain wall tiles are also the cheapest anywhere.

http://i46.tinypic.com/2gvpoo0.jpg

My feeling is they are going to have to launch 200 or so cheap appts soon.

The latest render shows a different style of building altogether which makes me think they are going down the road of a redesign. Surely they would only do this to keep a hotel partner onboard.

What worries me is a thought I had about the switch from Centre to East. Possibly the hotel operator was not happy taking on such a large capacity building that would have higher running costs and would need filling up to make money. If they did their homework, and I'm sure they have, they would know about all the other hotels opening in the marina and that they would be last in the market. They might have asked Select to reduce the capacity to a more manageable level, how small we don't know but it may not be the same height as West tower. If it was only 20 floors the hotel could be online quicker instead of being too far down the unpredictable market line, downside is the design of the developement would suffer. We need answers!

This is NOT "the latest render" as it has been about for 3/4 years. Look back through this thread and you will find it. I have seen the architects drawings for the three buildings and the podium. The only thing changed worth mentioning is there is now only one large pool on the podium [serving west and central] rather than the two smaller ones in our SPA. I prefer this but others might not!
The rest of your post is mindless speculation again...Why do you do it and detract from your otherwise wealth of knowledge?

This is NOT "the latest render" as it has been about for 3/4 years. Look back through this thread and you will find it. I have seen the architects drawings for the three buildings and the podium. The only thing changed worth mentioning is there is now only one large pool on the podium [serving west and central] rather than the two smaller ones in our SPA. I prefer this but others might not!
The rest of your post is mindless speculation again...Why do you do it and detract from your otherwise wealth of knowledge?

Sorry, but mindless speculation is about all I can manage at the moment!

The original completion date has passed and they haven't started building the East tower yet so all I can do is use my imagination.:)

Hi everyone,

I have created a group on Facebook for Bay Central apartment owners,

please search on facebook for the group:

Bay Central Dubai Marina - you can do this in the facebook search box,

I have to accept your invitation, it isnt a public group, so please click the join group,

Hopefully everyone can join, we can discuss issues, upload pic's and Vids etc etc,

thanks

Andy Hart

Select know what's happening with the hotel but are not releasing it to those with a geniune financial interest. These people did not chose to invest in the developments you listed operated by HasAli Bin Stealing developer LLC. They invested in a UK company with offices in their neighbourhood run by friendly British people they thought they could trust. People just want to be able to plan for their futures with a certain degree of accuracy and honesty. I want to help them with as accurate as possible "opinions" based on my reasonably good knowledge of developers, contractors and the construction process.

Lets see what the Feb update produces, hopefully a bit more constructive honesty!

"HasAli Bin Stealing developer LLC" this raised a chuckle

your strap line "people will judge you on what you can build, not on what you can destroy". Don't think you understand the meaning of this, it just sounds good to you.

http://farm3.static.flickr.com/2728/4319459880_e1f7761536_b.jpg

lights on at night?

http://farm5.static.flickr.com/4035/4312019018_1fcb58aba6_b.jpg

^^Very nice Beppe! :applause:

Looking at post #5101 4th Dec, they have done 6 floors on the central tower in exactly 2 months. So should be around 9months to top out at this rate and allowing for the summer heat.

Here are the dates I am guestimating for the central tower with Select's dates;

Element....................True Blue .......................Select
Basement (B5-B2) => April 2010...............----.....Complete (my sainted rrrs)
Podium (G + M)... => June 2010 ..............----.......March 2010
Structure top out => Oct 2010 ...............----.......March 2010
Building Sealed ===> June 2011...............----.......August 2010
Power On =======> Dec 2011................----.......August 2010

Let's see who gets closest:)

Dates for West tower are pointless as this is not on the project critical path.

Guess I'm not going to be far out.

I'm definately not taking bets on you being too far out.......Roll on Feb 15th and the update

Looking at post #5101 4th Dec, they have done 6 floors on the central tower in exactly 2 months. So should be around 9months to top out at this rate and allowing for the summer heat.

Originally Posted by True Blue
Here are the dates I am guestimating for the central tower with Select's dates;

Element....................True Blue .......................Select
Basement (B5-B2) => April 2010...............----.....Complete (my sainted rrrs)
Podium (G + M)... => June 2010 ..............----.......March 2010
Structure top out => Oct 2010 ...............----.......March 2010
Building Sealed ===> June 2011...............----.......August 2010
Power On =======> Dec 2011................----.......August 2010

Let's see who gets closest

Dates for West tower are pointless as this is not on the project critical path.

Guess I'm not going to be far out.


^^Sept 09 Actually. And Yes I do think it will be Sept 2012 for completion OR LATER!

Like I say:storm:

TB, do you believe that Power on will be Dec 2011 AND completion will be Sept 2012 or later? I was under the imporession that in normal cirumstances project completion happens around two months after power has been turned on. Does this not mean that your predictions are a contradiction?

http://farm3.static.flickr.com/2728/4319459880_e1f7761536_b.jpg

good picture Beppe.

Looks like they are putting in moorings in front of dubai mall directly opposite BC so we should have some attractive boats to look at whilst having a :cheers: on the balcony

TB, do you believe that Power on will be Dec 2011 AND completion will be Sept 2012 or later? I was under the imporession that in normal cirumstances project completion happens around two months after power has been turned on. Does this not mean that your predictions are a contradiction?

It depends on what SP are calling power on. Changeover from temp power to permanent power just needs the building to be watertight so I was assuming this is what they were referring to. Connection from the transformer switch room to the apartments can not happen until the apartments are completed and signed off by the electrical contractor. This normally only happens just before handover.

good picture Beppe.

Looks like they are putting in moorings in front of dubai mall directly opposite BC so we should have some attractive boats to look at whilst having a :cheers: on the balcony

:banana::banana:..Its great news...i have seen Marina Mall pictures and they clearly show there will be mooring..and there was an interview with MARINA yacht clubs manager..he confirmed..there will be a base for water taxi as well...I am very happy with the progress

I think the photo Beppe has posted(day one) is not the current one..but thank you Beppe for sharing this wornderful picutre...Lights are on during night..must be some activity...

I'm going to quote a message from Marriot group hotels (Owners of Renaissance) "Unfortunately the project Renaissance Dubai Marina is frozen for the time being. We hope that construction works for this prestigious project will be carried on by early 2011"
I would love for SG to comment on this so all investors know where they stand. Can the message be misinterpreted........
Anybody Dubai based fancy calling into the office to clarify this?

I'm going to quote a message from Marriot group hotels (Owners of Renaissance) "Unfortunately the project Renaissance Dubai Marina is frozen for the time being. We hope that construction works for this prestigious project will be carried on by early 2011"
I would love for SG to comment on this so all investors know where they stand. Can the message be misinterpreted........
Anybody Dubai based fancy calling into the office to clarify this?

I was speaking with SG yesterday and asked about this. Apparently it is still a hotel and will now be ready mid 2012. It should start rising any day now and be handed over to operator mid 2011 for fit out.

^^Has construction started yet? Great how everyone "knows" the completion date but no one knows when it will start. Anyone get a pic of down the hole?

West tower is not going to be anywhere near complete within an 18month timeframe so how do they expect East tower to be done in that time:dunno: Unless it is a smaller simpler building.

is there a link for this! I really need it for legall purposes.

I'm going to quote a message from Marriot group hotels (Owners of Renaissance) "Unfortunately the project Renaissance Dubai Marina is frozen for the time being. We hope that construction works for this prestigious project will be carried on by early 2011"
I would love for SG to comment on this so all investors know where they stand. Can the message be misinterpreted........
Anybody Dubai based fancy calling into the office to clarify this?

is there a link for this! I really need it for legall purposes.

no link, its an email

^^^^^ can you pm me on how you got it. I would really appreciate it, thanks.

dleted

Thank you for contacting Marriott.
>
> Unfortunately the project Renaissance Dubai Marina is frozen for the time being and also was taken off our systems.
>
> We hope that construction works for this prestigious project will be carried on by early 2011.
>
>
> Thank you for choosing Marriott.
>

Facebook Group - Bay Central Dubai Marina
Hi everyone,

I have created a group on Facebook for Bay Central apartment owners,

please search on facebook for the group:

Bay Central Dubai Marina - you can do this in the facebook search box,

I have to accept your invitation, it isnt a public group, so please click the join group,

Hopefully everyone can join, we can discuss issues, upload pic's and Vids etc etc,

thanks

Andy Hart

Hotel schmotel........your avin a larf:lol:

deleted

Why? Someone threaten you?

What it said was Marriot had no idea when the Hotel would be delivered because there was no licence to build the thing. They now understand that this has been sorted now but sounded like they had not seen first hand proof of this.

Basically read to me that Marriot had been given the same run around as everyone else. The next update is heading to be an all time classic.

05/February/2010

Bay Central

http://i48.tinypic.com/ojh2dt.jpg

http://i50.tinypic.com/2v85ncg.jpg

Bay Central today taken from outside Marina Mall.

http://i49.tinypic.com/2dgmjwz.jpg

http://i47.tinypic.com/282ga47.jpg

^^Thanks sjungle! Are you an investor in BC?

Even the wheather seems to have a crisis:-)

^^Thanks sjungle! Are you an investor in BC?

Yep, West Tower, 16th floor.
Will post some more photos later in the week - hopefully with some blue skies in the background!

Going to Dubai tomorrow. Will take pics.
I am meeting up with SG. Any investor/owners want any questions asked email on weefizz@blueyonder.co.uk
or post them on here
cheers
Mark
BTW happy to see thyings still progressing at a steady rate.

Going to Dubai tomorrow. Will take pics.
I am meeting up with SG. Any investor/owners want any questions asked email on weefizz@blueyonder.co.uk
cheers
Mark
BTW happy to see thyings still progressing at a steady rate.

Here's a few questions:
Why is a 3 tower project turning into a 2 tower project with the hotel being finished sometime later?
Why is the hotel tower looking completely different to what the original render's looked like? Looks more rectangular and not like the original site plan as per my SPA - Annex 1 - Project Plan.
When will the hotel be ready, so that I can plan to have a drink in the bar?
When can investors expect to see the show apartment?
When can investors expect to receive realistic project milestones that are not completely laughable?
How confident are SP/SG of achieving their revised deadline of Dec 2010 for handover? What happens if this is not met?

I'm sure you have heard all these before.

Going to Dubai tomorrow. Will take pics.
I am meeting up with SG. Any investor/owners want any questions asked email on weefizz@blueyonder.co.uk
or post them on here
cheers
Mark
BTW happy to see thyings still progressing at a steady rate.

Mark I will be in town for a week from 18th feb if you are still there. Look us up at the point if you fancy a beer.

^^See if you can get a render of the hotel tower and ask how many floors the tower will be?

Shit! Just realised it is only investor/owners only and not forumers, oh well.:colbert:

^^See if you can get a render of the hotel tower and ask how many floors the tower will be?

Shit! Just realised it is only investor/owners only and not forumers, oh well.:colbert:

You are our in-house construction advisor! You can ask any questions you like; just like me!

Just don't hold your breath for any answers. :banana:

Going to Dubai tomorrow. Will take pics.
I am meeting up with SG. Any investor/owners want any questions asked email on weefizz@blueyonder.co.uk
or post them on here
cheers
Mark
BTW happy to see thyings still progressing at a steady rate.

Is there a clear mechanism for compensation when the West and Central towers over run the 12 months to December 10?

Is there a clear mechanism for compensation when the West and Central towers over run the 12 months to December 10?

It's clear until they pull a force majeure clause!

We are meant to be compensated for 1 year from 1st Jan 2011 until 31st Dec 2011. If handover is not given on 1st Jan 2012 then both parties can walk away from the agreement. Not sure if/when we get our money mind you, but we can walk!

ask them if Rahil Aslam still sells used cars!! if not, giving the real estate market conditions, is he planning to restart the business soon !

Going to Dubai tomorrow. Will take pics.
I am meeting up with SG. Any investor/owners want any questions asked email on weefizz@blueyonder.co.uk
or post them on here
cheers
Mark
BTW happy to see thyings still progressing at a steady rate.

It's clear until they pull a force majeure clause!

We are meant to be compensated for 1 year from 1st Jan 2011 until 31st Dec 2011. If handover is not given on 1st Jan 2012 then both parties can walk away from the agreement. Not sure if/when we get our money mind you, but we can walk!

Do you know exactly what the compensation sum is?

ask them if Rahil Aslam still sells used cars!! if not, giving the real estate market conditions, is he planning to restart the business soon !

It was Mark Stott that had the car sales business not Rahil. Anyway what makes you think there's any problem for Rahil ?? All SG projects were more or less fully sold out before the crisis hit (with the exception of West Avenue). The fact that the market is down has no effect on the developer, why would it ??

Do you know exactly what the compensation sum is?

Have a read of your contract, it's all in there.

west avenue was canceled, the Aquitainia (The World project) was reduced by 40% and unlikely to finish, the off-plan business model is dead for good in dubai (in its present form); and small developers like Select have no future in dubai anymore (because of increased regulations, capital requirments, etc...).

Plus, since the crisis hit, Select has taken back units from SPP investors who merged their units...

And according to timesonline, Rahil did sell cars before.

Rahail Aslam*
Industry: Computers, car sales and property
Aslam, 34, left school at 16 with no qualifications and did a year's course in computer maintenance. Within months he had set up a business repairing computers. Four years later he sold up and began trading computers and parts, diversifying into property and car sales. His interests are held through the £100m North and South Company, based in Cheshire, which he owns.

It was Mark Stott that had the car sales business not Rahil. Anyway what makes you think there's any problem for Rahil ?? All SG projects were more or less fully sold out before the crisis hit (with the exception of West Avenue). The fact that the market is down has no effect on the developer, why would it ??

Have a read of your contract, it's all in there.

The wife's put it somewhere VERY safe......

Don't think a F M clause could be used against us as there's been no access issues to the site.

^^See if you can get a render of the hotel tower and ask how many floors the tower will be?

Shit! Just realised it is only investor/owners only and not forumers, oh well.:colbert:

I have a render and copy of architects drawings and know how many floors hotel will be. Also know completion date and handover of Hotel

Mark I will be in town for a week from 18th feb if you are still there. Look us up at the point if you fancy a beer.
I am about call me on mobile

I have a render and copy of architects drawings and know how many floors hotel will be. Also know completion date and handover of Hotel

You know all this before the hotel is a foot above the ground? I admire your contacts!

I have a render and copy of architects drawings and know how many floors hotel will be. Also know completion date and handover of Hotel

I'm all ears - you willing to share? Is it 36 floors? and when will I be able to get a drink?:cheers:

Going to Dubai tomorrow. Will take pics.
I am meeting up with SG. Any investor/owners want any questions asked email on weefizz@blueyonder.co.uk
or post them on here
cheers
Mark
BTW happy to see thyings still progressing at a steady rate.

Mark, as a matter of interest, could you ask SG what they class as a force maj in terms of construction of their properties?

Pics taken yesterday afternoon. Loads of people working on the podium. Glass and cladding appearing now too.
http://i47.tinypic.com/2yl1y52.jpg

http://i45.tinypic.com/vichop.jpg

^^great pictures!

Came across this link that might be informative to damac investors:
http://www.7days.ae/storydetails.php?id=90349%20%20%20%20&page=local%20news&title=Damac%20aims%20to%20strike%20out%20landmark%20DIFC%20case

^^great pictures!

Came across this link that might be informative to damac investors:
http://www.7days.ae/storydetails.php?id=90349%20%20%20%20&page=local%20news&title=Damac%20aims%20to%20strike%20out%20landmark%20DIFC%20case

agree, great pictures.

good post FWIW re legal case. It will be interesting to see how this develops. In any event it is likely to pressure developers to take more care how they treat investors. If it only got them to communicate more openly and speed up progress that would be a result.

current floor count

central 29
west 34

current floor count

central 29
west 34

I reckon central tower is at G27 (although the central shaft is higher). Central tower tops outs G48 plus 1 service floor on top. It was at G25 on 29th Jan per Imre photos. Next and last mechanical floor is G34. My estimate is that the central tower will top out end August 2010.

I agree with slowhand...progress is really really good... i have never seen so many people before...

Thank you very much sjungle for your contribution

Once West top out... the staff can be transfer to Central tower...also brick work is going well along side cliding..

come on SG....

BC lookS stunning with famous tower in Background

http://farm3.static.flickr.com/2727/4344796770_d75ac3196d_b.jpg

nice photo Beppe. The marina will look fabulous when finished. Top floors of central BC tower will have the best views of the marina. Mine are lower down but will still be good.

12/February/2010

Bay Central

http://i47.tinypic.com/2rrb49h.jpg

http://i50.tinypic.com/keev06.jpg

http://i50.tinypic.com/348n5oo.jpg

http://i45.tinypic.com/16ljib6.jpg

http://i50.tinypic.com/ercq4z.jpg

[QUOTE=Imre;51773371]12/February/2010

Bay Central

Fantastic Imre, thank you, great pictures as always:applause:

I'm all ears - you willing to share? Is it 36 floors? and when will I be able to get a drink?:cheers:

39 and oct 2012

^^When will construction start, or has that not been determined yet?:lol:

39 and oct 2012

great thanks for sharing.

Don't you feel a bit upset that the look of Bay Central is changing? I would feel better if Select gave out this info with new renders and plans.

Also, if all this credit crunch is really affecting things in Dubai, then why is the hotel getting taller?

:)

dont they have to do that black waterproofing paint before they put the cadding on?

Don't know if you guys caught my comments on Al Bateen development next to Sheraton.

The Hotel is cancelled and it is now private residential only. They, like BC hotel, have been onsite for yonks with the hotel tower not progressing. Seems they have given up on the hotel and decided to progress on the basis of a fully residential development.

BC very impressive when standing next to it, although clearly would be better if three towers.
The views from it will be great. I spoke with SG and they gave me full update. All seems positive...its slow we know but they are building.
All SG projects are going well, especially Botanica.
They are commencing internal ceramics at BC and also putting glass and cladding on external. Glass is nice and building should be impressive...if finished properly.
Above floors 25 in west facing down marina you will get sun on your balcony from 2pm until sundown...longer is summer. Same in Central although is loses it about 4:30pm due to shadow from west.
Podium gets sun all day until around 4pm...again longer is summer.
Given the explanation i got and how they deploy lablour i would say it could be handed over between q1 & q2 of 2011. It made sense...honest!


west from beach at 33
http://i47.tinypic.com/m8o8t0.jpg

from silverene
http://i47.tinypic.com/2euob47.jpg

Marina View - BC on far right
http://i46.tinypic.com/2wd6h41.jpg

Beach View
http://i50.tinypic.com/1zb79et.jpg

The Walk
http://i45.tinypic.com/6tiy53.jpg

Great update DXBpc

i am sure about q2 2011.

thanks

BC very impressive when standing next to it, although clearly would be better if three towers.
The views from it will be great. I spoke with SG and they gave me full update. All seems positive...its slow we know but they are building.
All SG projects are going well, especially Botanica.
They are commencing internal ceramics at BC and also putting glass and cladding on external. Glass is nice and building should be impressive...if finished properly.
.................Given the explanation i got and how they deploy labour I would say it could be handed over between q1 & q2 of 2011. It made sense...honest!




So you recon handover 6-9months after top out. In other words, DCE will out perform Arabtec.:ohno:

Find out what they put in the coffee they served you and bring me back some:okay:

yDahX5AT4dk

http://i47.tinypic.com/m8o8t0.jpg


Did you use a tripod and the timer function to take that photo of yourself on the beach?

Thks DxbPC for the photos and update - it look stunning. During your discussions was there any news, talk or photos of the show apartment?

thks

Did you use a tripod and the timer function to take that photo of yourself on the beach?

and where you staying in that white tent? good photos by the way

there is some talk that Torch concrete workers will be moved to BC now this has topped out and that the build rate on BC central will speed up to one new floor every 5 days with the aim of topping out end of June.

Also compensation runs from 1st Jan 2011 so the developer has an incentive to speed up. Was compensation paid out on the Torch? that would be interesting to know

All the signs are is that the East tower is still a hotel. I have been told that it will have a completely separate entrance than the residential towers so allowing handover of the residential towers before completion of the hotel.

I guess we'll have to wait and see what happens over the next 3 months. The next update is being prepared apparently and should be interesting for what it does and doesn't say.

my estimate is still handover of residential towers late autumn 2011.

and where you staying in that white tent?

Was compensation paid out on the Torch? that would be interesting to know


I am staying in my white van until the Torch is handed over.

Compensation for the Torch was declined due to force majeure claims but they offered instead as a token gesture a total of 6 months credit of interest at LIBOR plus 1% on payments which have been made on or before 30 June 2009, payable at handover. Probably just enough to buy a beer at GH.

Not sure what the case is now that the Torch has been delayed approx. a further year from 31 Jan 2010 to around Jan 2011. (total 3 years late)

Select always said - even reassured Torch investors in writing - that they would definitely pay Torch investors as per the delay clause in the contract. They stated that the cause of delay would not be claimed as Force majeure by the developer. Guess what; - they changed their mind!! When the time came they claimed Force majeure but said they would make a goodwill gesture and give a small discount off the final payment - and by the way it was a "take it or leave it" offer. I don't know if anyone did manage to improve on the initial offer but after 3 exchanges of e-mail I gave up and accepted their offer.

I may be wrong but I don't think anyone has been paid delay compensation as per contract in Dubai Marina. Please correct me if I'm wrong.

...

s4N3uxi1Krc



t-q7WlerWdc

thanks for the update. good video.... Might be a stupid question but What is going in the middle of the site? I thought the podium was all the way across.

thanks for the update. good video.... Might be a stupid question but What is going in the middle of the site? I thought the podium was all the way across.

They are working there way from outside to inside. You are right it is all the way accross...they just haven't done that bit [either] yet.

dXBpc.. Is the hotel still the renaissance? Did they mention anymore about payment holidays? Can they definately release the apartments before the hotel is built? Anything on compensation?
Also can we have some of those workers from the Botantica site shifted over to ours please! Not asking for too much am i?

Also can we have some of those workers from the Botantica site shifted over to ours please! Not asking for too much am i?

Botantica does not belong to Select group anymore, that’s why it’s raising fast.

^^ Bloody typical.

Botantica does not belong to Select group anymore, that’s why it’s raising fast.

Botanica is Select Group. It is being built by GCC [general construction company] and not DCE...who are on the point, the torch and BC.

Also West Avenue IS going ahead.

Why does your video not pan around to the hotel plot? I wanted to see how this pile cap raft was coming along.

I will be there thursday and and get some pictures of all the plots. Mark did you find out about the show flat and when its available to view?