ive paid 704.000 so far, at a good exchage rate that equals to £99.000 paid so far todays money with the exchange thats worth £125.000

even if i walk away letting the developer take my 30% ill more or less end up with the same amount of money

im seeing it too the end.. lets see what 2011 brings

I would like to know whether Select Group is a developer or just a middle agent to facilitate project sales?

http://www.selectproperty.com/email/spain-golf-properties-form-bancaja-habitat/?utm_medium=email&utm_source=Emailmarketingsoftware&utm_content=1205266084&utm_campaign=LasTerrazasBaseLaunch061010&utm_term=clickheretoviewitonline

http://www.selectproperty.com/invest/spain/las-terrazas-de-la-torre/?utm_medium=email&utm_source=Emailmarketingsoftware&utm_content=0&utm_campaign=LasTerrazasBaseLaunch061010

Bay Central RERA (http://www.rpdubai.ae/rpdubai/jsp/ProjectIndicator.jsp?imageLoc=../SharedFolder/ProgressIndicator/259_187.jpg&projectName=Progress Indicator of Bay%20Central%20West%20%26%20Central%20Towers)
^^ link to RERA

Developer ID. 148 = Bay Central Developments Limited
http://i51.tinypic.com/4t9jqx.jpg

Bay Central RERA (http://www.rpdubai.ae/rpdubai/jsp/ProjectIndicator.jsp?imageLoc=../SharedFolder/ProgressIndicator/259_187.jpg&projectName=Progress Indicator of Bay%20Central%20West%20%26%20Central%20Towers)
^^ link to RERA

Developer ID. 148 = Bay Central Developments Limited
http://i51.tinypic.com/4t9jqx.jpg

never heard of Bay Central Developments Limited in the past. So where does Select fits in all this?

Cheers

I think something along the following lines submitted en masse to RERA will bear fruit. Those who want to pursue the Developer direct can do so but at a certain point the Developer may walk away from the project if they consider it is no longer worthwhile.


Dear RERA

I am an investor in Bay Central in the Marina. The developer is Bay Central Developments Limited.

I am writing to complain strongly about
- the project being at least 2 years behind schedule
- developer is expecting payment instalments well ahead of construction progress. I have paid 70% of the purchase price so far and I estimate that construction is 20% complete. We have been offered a 3 month delay on the next scheduled payment but by then I will have paid 90% and construction might be 35% complete
- the developer will not communicate directly with investors and chooses to communicate exclusively through the sales agent (Select Property) who is in effect just a messenger. Efforts are being made to improve communication via the sales agent but this is not an adequate substitute for direct communication.

We would like you to intervene on our behalf and instruct the developer to
- reschedule payments so they are it is in line with construction progress
- issue revised timescales for handover which has been audited by an independent construction consultant as achievable
- communicate directly with investors in future and not via the sales agent
- explain why there has been such a substantial delay in the project and offer some remedy to investors for the loss of use of their properties or loss of rental income as a result of this delay.

Yours sincerely

Note to Glover: If you want to do something different then do it. Others might prefer an approach to RERA but don't get upset again.

This is also good advice from FWIW

1) Complain to RERA about total lack of construction at this site. Use ceo@dubailand.gov.ae and RERA online complaint site here http://rpdubai.ae/rpdubai/welcome - also ask for payment holiday to be made. Make a note of your RERA ref number.
2) Ask Land Department if SP/SG have used your 1% registration fees to register YOUR property. Use phone or info@dubailand.gov.ae
3) Get Land Department Registration docs asap from SP/SG. Do not be fobbed off about the time it takes for the OQQOD system to do its thing.

Not new infomation.. see page 160

never heard of Bay Central Developments Limited in the past. So where does Select fits in all this?

Cheers

the link has malware according to Google

Refunds come on a first come first served basis,

Many professional investors have already been sucessful at taking on bigger developers, suceeding in a claim. They never post the win,, as they are already happy and off to new horizons.


Back to football...

MANUTD aka Sir Alex,, probably knows the inside track of all the players in the market.

I missed one or two this time thogh :lol:

I have just copied and saved this post. I am going to keep it until December 2011 and reply then.
I actually really hope you all do get handover sometime during next year. My point is not that I am a BC hater, but that I have paid my lawyers to do a considerable Due Diligence exercise on a number of Marina Developments I was considering buying in. They in turn consulted with a construction expert amongst others. The result was "do not touch BC; estimated handover, NOT BEFORE THE END OF 2012".
So, my point to the readers of this thread, is not to raise false hopes.

^^

Another bla...bla.....blaaaa.....from one of the so called dumbest BC hater professional......

We all know that project is delayed....(Give me 10 projects name in Dubai which was handed over in original completion date.:bash:... i am sure it will be very difficult for your stupid hatred little mind...because you dont bother to look around any projects..except...point,torch and BC)

Work has been excellent during last 6 months....Not a single BC hater can deny it

2 tower is almost top out....( this idiot will argue about basement...)

internal and external finishing is going in good space as they have moved Torch workers to BC site. so there is no question about work force...

Now there is enough space to store the goods.....so they dont need to use the basement/carpark space for storage purpose...

we all know the hand over will be without hotel....So there is no point to repeat same thing again and again for sake of argument.

According to the Idiot, Carpark/Basement will be finish by March 11 ( i think it will finish well before it )...still they have bloody 9 months to hand over.( will finsh in surely in 2011...not in 20120

No wonder BC haters love this thread....as no dought this is a best location in the Marina..and view will be the second to none.....(compare to this idiots three favourite devlopments --one with the Sheikh Zayed Road View...Second in Arse end --Power Plant view and third one is like High rise Guys Marsh Prison --without balcony..yes you are right the twisted tower)

Now let everyone enjoy their life...and you are most welcome for my BC opening party in Sept 2011...All BC haters are most welcome:cheers:

.

Will it make any difference if not end of 2011 but of 2012? I mean considering the issues surrounding the project (hotel, promises etc) and on top the delay,
investors should take a sigh of relief if at the project is handed over eventually by end of 2012....

(I know the loss of rental income but whats more important is the project to actually finish)...

I have just copied and saved this post. I am going to keep it until December 2011 and reply then.
I actually really hope you all do get handover sometime during next year. My point is not that I am a BC hater, but that I have paid my lawyers to do a considerable Due Diligence exercise on a number of Marina Developments I was considering buying in. They in turn consulted with a construction expert amongst others. The result was "do not touch BC; estimated handover, NOT BEFORE THE END OF 2012".
So, my point to the readers of this thread, is not to raise false hopes.

I think it is fair to add that your construction expert was probably looking at the overall project completion, including the Hotel. At the time your lawyers performed their exercise there would have been no suggestion that the Hotel building would fail to materialise. For the record, I think I estimated Sept 2013 including the Hotel.

That said, I feel mid 2012 is acheivable at the current pace, my only worry is that if Slowhand is right and they do a POINT here, the quality and aftermath will be the same.

Will it make any difference if not end of 2011 but of 2012? I mean considering the issues surrounding the project (hotel, promises etc) and on top the delay,
investors should take a sigh of relief if at the project is handed over eventually by end of 2012....

(I know the loss of rental income but whats more important is the project to actually finish)...

2012 SUITS ME -- They are in breach of contract then -- refund territory

2012 SUITS ME -- They are in breach of contract then -- refund territory


what refund? have you been in hibernation in dubai for the last 10 years, THEIR IS NO SUCH THING AS REFUNDS

only through the courts you MIGHT .... MIGHT ....MIGHT get a refund, again MIGHT get a refund, and even after that theirs lawyers fees plus lawyer taking part of winnings plus developer can appeal so your looking at anywhere from 1 to 4 years in and out of court and maybe ending up paying more than the money you put down ( example 50%).

Dubai is a joke, the only thing you will get is a empty pocket in the end, and this applies to real investors who wanted places of their own not speculators who are bitiching and crying because they dident get a 50% profit in a day.


P.S their are projects in Dubai that are going to be minimum 5 years behind schedule and you wont get a refund, just a cheap shot by developers who try to fuck you over again by telling you to swap to some where that the property prices is like ZERO now such as international city, silicon oasis , (Ajman ,even shakier property laws, one day you own something the next day you dont).

i think that's what's going to happen here! delivery will be in 2011, but quality and the aftermath will be similar to the Point!

BTW, they have already started working on the West Tower's basement and podium. My guess they will finish that by Feb.

my only worry is that if Slowhand is right and they do a POINT here, the quality and aftermath will be the same.

what refund? have you been in hibernation in dubai for the last 10 years, THEIR IS NO SUCH THING AS REFUNDS

true if your talking about Dubai Goverment controlled companies...

I am aware of 20 or so developers that have had to either pay up or settle out of court, orginal money, if went to court, had also to pay penalty interest.

infact, users in this thread have had refunds, but won't go on about it.

you won't hear of the sucess, as those people are happy and run off with the money.

bay centrals orginial spa was well drafted, hence it does protect you against delay. If you have a booking form, you would be in a different boat.

Investor groups dont work, better to get your own laywer...

If the developer is stuiped, he will go for court action, freezing the property, payments and title deed. 1 - 3 years later the case might be finished.

i think that's what's going to happen here! delivery will be in 2011, but quality and the aftermath will be similar to the Point!


I THINK THIS IS WHAT WILL HAPPEN. THIS IS THEIR STYLE. THEY WILL AVOID HAVING TO CONSIDER REFUNDS AS A CONSEQUENCE.

Maybe the West Tower will be handed over first and being well away from the hotel could easily be made self sufficient in terms of access and parking. The Central Tower will join the Hotel at car parking and podium levels but access and parking should be able to be made separate to facilitate handover.

It will be interesting to see if they at some point build villas and retail shops between the Central Tower and the Hotel like they have between Central and West towers.

7th October

kG_R287yRQ0

^^ No traffic on the road or is this normal these days?

true if your talking about Dubai Goverment controlled companies...

I am aware of 20 or so developers that have had to either pay up or settle out of court, orginal money, if went to court, had also to pay penalty interest.

infact, users in this thread have had refunds, but won't go on about it.

you won't hear of the sucess, as those people are happy and run off with the money.

bay centrals orginial spa was well drafted, hence it does protect you against delay. If you have a booking form, you would be in a different boat.

Investor groups dont work, better to get your own laywer...

If the developer is stuiped, he will go for court action, freezing the property, payments and title deed. 1 - 3 years later the case might be finished.

any name or contact details for good lawyer in dubai?

what refund? have you been in hibernation in dubai for the last 10 years, THEIR IS NO SUCH THING AS REFUNDS

only through the courts you MIGHT .... MIGHT ....MIGHT get a refund, again MIGHT get a refund, and even after that theirs lawyers fees plus lawyer taking part of winnings plus developer can appeal so your looking at anywhere from 1 to 4 years in and out of court and maybe ending up paying more than the money you put down ( example 50%).

Dubai is a joke, the only thing you will get is a empty pocket in the end, and this applies to real investors who wanted places of their own not speculators who are bitiching and crying because they dident get a 50% profit in a day.


P.S their are projects in Dubai that are going to be minimum 5 years behind schedule and you wont get a refund, just a cheap shot by developers who try to fuck you over again by telling you to swap to some where that the property prices is like ZERO now such as international city, silicon oasis , (Ajman ,even shakier property laws, one day you own something the next day you dont).

OK I bow to your superior knowledge :lol:

timDaDMbtlM

Does it look like there clearing the hotel site, taking the crap away with that truck?

great video 234sale. Thanks

re your comment Beppe, hope so, why would they clear the hotel site unless they were thinking of starting in short term? Wishful thinking perhaps!


CONTROL OVER BC AFTER HANDOVER - Strata Law
At the core of the Strata Law regulations is that homeowners can assume full control over deciding and commissioning the service providers. This has been the prerogative of the individual developer or master-developer so far.

see http://www.trenchlaw.com/news.php?catid=1 for more info

perhaps we should start now and get ourselves organised

I agree - would be a good idea to start getting organised, so that we don't get fleeced later. I think we should also be trying to communicate with the developer regarding handover plans for the development. I know their communication is not great but would be helfpul if we could understand the plans/order for handing over units and completing snagging etc.,




great video 234sale. Thanks

re your comment Beppe, hope so, why would they clear the hotel site unless they were thinking of starting in short term? Wishful thinking perhaps!


CONTROL OVER BC AFTER HANDOVER - Strata Law
At the core of the Strata Law regulations is that homeowners can assume full control over deciding and commissioning the service providers. This has been the prerogative of the individual developer or master-developer so far.

see http://www.trenchlaw.com/news.php?catid=1 for more info

perhaps we should start now and get ourselves organised

I agree - would be a good idea to start getting organised, so that we don't get fleeced later. I think we should also be trying to communicate with the developer regarding handover plans for the development. I know their communication is not great but would be helfpul if we could understand the plans/order for handing over units and completing snagging etc.,

in this regard, what is there to learn from the experience of investors at the Point and the Torch?

Does it look like there clearing the hotel site, taking the crap away with that truck?

^^More clearing and some excavation going on on the hotel site this morning.

Fantastic video - thank you Sale!

Any news on where the latest SP/SG jackanory is? Can't wait to see which milestones are completely finished this month! I should be moving in in a few weeks according to their schedule? :ohno:

^^More clearing and some excavation going on on the hotel site this morning.

thanks for the observation. Fingers crossed.

in this regard, what is there to learn from the experience of investors at the Point and the Torch?

At the Point we had handover 16 months ago.Most of us have had our outstanding snagging rejected by the consultant [ Stevie Wonder ] We now have an owners association but it is only a few weeks old and as yet we still have to discover if it has any teeth. We are all Select victims, there is still a lot more shit coming your way. The buyers at the Torch seem quite hopeful at present but it remains to be seen if Select force an addendum on them just like they did on us. You have nothing to loose by talking to us and perhaps being ready to stand up to Selects dirty tricks.:cheers:

Can anyone point me in the right direction,i need some images of the touristy stuff in Dubai , they have to be the best quality im willing to pay the right price for the right pictures, needs pictures of burg al arab, burg khalifa, the malls, water parks, sand dunes with the buggys , ski dubai etc etc, thanks in advance,........

At the Point we had handover 16 months ago.Most of us have had our outstanding snagging rejected by the consultant [ Stevie Wonder ] We now have an owners association but it is only a few weeks old and as yet we still have to discover if it has any teeth. We are all Select victims, there is still a lot more shit coming your way. The buyers at the Torch seem quite hopeful at present but it remains to be seen if Select force an addendum on them just like they did on us. You have nothing to loose by talking to us and perhaps being ready to stand up to Selects dirty tricks.:cheers:

thanks for your suggestion that we talk to the Owners Association at the Point to see what we can learn from their experience. Think we must assume that our experience will be the same as the Point regarding handover issues until we know otherwise. Forewarned is forearmed as they say.

Any suggestions how we go about this?

Fantastic video - thank you Sale!

Any news on where the latest SP/SG jackanory is? Can't wait to see which milestones are completely finished this month! I should be moving in in a few weeks according to their schedule? :ohno:

update due out Sunday or early next week and hotel will get a mention in the latest Edition apparently. Could be welcome news apparently. We'll have to wait and see.

My money is firmly on handover late 2011.

Coming up to the next 20% installment soon so they will time the hotel news (most probably positive) with this in mind...Wether it then will happen or not is another thing. Some pics would be awesome...

Coming up to the next 20% installment soon so they will time the hotel news (most probably positive) with this in mind...Wether it then will happen or not is another thing. Some pics would be awesome...

5.9 aed to the £1 may improve even more after the 20th Cuts announcement

update due out Sunday or early next week and hotel will get a mention in the latest Edition apparently. Could be welcome news apparently. We'll have to wait and see.

My money is firmly on handover late 2011.

They have issued official positive news about the hotel on more than one occasion in the past, why should anyone believe them 100% now. What's "apparently" changed?

update due out Sunday or early next week and hotel will get a mention in the latest Edition apparently. Could be welcome news apparently. We'll have to wait and see.

My money is firmly on handover late 2011.

It would be nice if what we invested into would get a mention. This update is being very carefully worded, I'm sure of that as it will take us over the delayed completion date so maybe even that will get a mention.......

just got a letter from select stating top out will be around the 21st of October and that they will send another letter once the next installment is due. Better start saving.......

thanks for your suggestion that we talk to the Owners Association at the Point to see what we can learn from their experience. Think we must assume that our experience will be the same as the Point regarding handover issues until we know otherwise. Forewarned is forearmed as they say.

Any suggestions how we go about this?

Post something on the Point skyscraper site and we will get back to you. Suggest you look back over our site for the last 18 months or so.All the shit that happened to us is comming your way. With Select you are dealing with devious bastards who have already ripped you off and will continue to do so.:cheers:

They have issued official positive news about the hotel on more than one occasion in the past, why should anyone believe them 100% now. What's "apparently" changed?

hey, the hotel is going to be posh. You'll be jealous!

I haven't been jealous of the Select 5 star standard thus far:)

Can anyone point me in the right direction,i need some images of the touristy stuff in Dubai , they have to be the best quality im willing to pay the right price for the right pictures, needs pictures of burg al arab, burg khalifa, the malls, water parks, sand dunes with the buggys , ski dubai etc etc, thanks in advance,........

Ask 234 sale - we got inside Burj K the other day -- FANTASTIC SUPERB QUALITY --when i win the lottery .............

update due out Sunday or early next week and hotel will get a mention in the latest Edition apparently. Could be welcome news apparently. We'll have to wait and see.

My money is firmly on handover late 2011.

:lol::lol::lol:

hey, the hotel is going to be posh. You'll be jealous!

For posh read INFINITY

Ask 234 sale - we got inside Burj K the other day -- FANTASTIC SUPERB QUALITY --when i win the lottery .............

What lottery? You could stay there for a song now or so it looks!
http://www.meed.com/3074821.article

great video 234sale. Thanks

re your comment Beppe, hope so, why would they clear the hotel site unless they were thinking of starting in short term? Wishful thinking perhaps!


CONTROL OVER BC AFTER HANDOVER - Strata Law
At the core of the Strata Law regulations is that homeowners can assume full control over deciding and commissioning the service providers. This has been the prerogative of the individual developer or master-developer so far.

see http://www.trenchlaw.com/news.php?catid=1 for more info

perhaps we should start now and get ourselves organised



I found this at the TT site,,we should do this as soon as we get the hand over..



I just wanted to give you the heads up on how SG will try and **** you over during the next phase of your dev.

I'm a Point victim so we've been through the whole SG process now.

First things first - their 'independent' project architect is as bent as a nine bob note and blatantly refused to fix stuff at the Point. This cretin will pretty much let everything go through as 'acceptable'. So get your unit snagged properly several times! You will need to constantly pester them to get the snags fixed. Don't assume they will fix them - they only fix units who'se owners shout the loudest! I snagged my units 4 times and still didn't manage to get everything fixed!

Next and most importantly get your owners association set up with an appointed head ASAP. Now RERA have given OAs teeth to kick dodgy FM providers into touch. Do it at your first opportunity.

SG will most likely do everything possible to slow you down so they can carry on ripping you off. Don't let this happen.

Appoint a Strata Constultant ASAP and make sure the OA appoint it not SG. If you let SG get involved they'll probably tuck you up by bringing in a wolf in sheeps clothing (a Strata Management company affiliated to another developer - aka a direct confict of interests) Watch this area carefully as I think they may have this in store for the Torch.

Also, if SG are involved in the tendering process for third party service suppliers make sure several members of the OA are present when the sealed tender responses are received containing the figures. At the Point, apparently only SG's inside man on the OA was present when these docs were opened. Apparently SG still won't release the tendering data or the owners database to the OA at the Point..... which is a legal requirement!

If SG are around long enough after the torch handover as FM provider make sure they don't lift the service charges like they have on the Point. They've increased them from 12.5 to 16 AED/sqft, changed the payment frequency to quarterly and are trying to lift them again to between 18-22 for the next quarter.

Legally they need to submit a budget to RERA and get their approval with a RERA stamp. We have never seen any RERA approved and stamped budgets at the Point!! SG say the budgets are RERA approved but there's no comfirmation.

Basically the game is get rid of the dodgy FM providers at your earliest opportunity. The law is on your side. Don't accept quarter of quarter rises in your service charges as this is just the last gasps of an extortion racket in it's death throws.

Finally, SG are much better at subterfuge and machiavellian practices than they are at developing. Treat what they tell you with a giant bucket of salt.

Spend your time getting the OA set up properly and get a decent Strata Consultant in to make sure the developer doesn't hoodwink you. If they can they will you can be sure of that!

Good luck!

I haven't been jealous of the Select 5 star standard thus far:)

You will be, it's just a matter of time. :hilarious

What lottery? You could stay there for a song now or so it looks!
http://www.meed.com/3074821.article

EXTREMELY CHEAP TO RENT I AGREE --PROBLEM IS SERVICE CHARGE FOR LANDLORDS TOO

Ask 234 sale - we got inside Burj K the other day -- FANTASTIC SUPERB QUALITY --when i win the lottery .............
thanks for that, i did , no response as of yet :(

I found this at the TT site,,we should do this as soon as we get the hand over..

I just wanted to give you the heads up on how SG will try and **** you over during the next phase of your dev.

I'm a Point victim so we've been through the whole SG process now.

First things first - their 'independent' project architect is as bent as a nine bob note and blatantly refused to fix stuff at the Point. This cretin will pretty much let everything go through as 'acceptable'. So get your unit snagged properly several times! You will need to constantly pester them to get the snags fixed. 'edited'
Spend your time getting the OA set up properly and get a decent Strata Consultant in to make sure the developer doesn't hoodwink you. If they can they will you can be sure of that!

Good luck!

I am keen on going anyone that cares to start getting organised. Select have made enough money out us. Sorry I do not have the expertise, so looking to the more experienced forum members/purchasers in BC to advise.

17/Oct/2010

http://i55.tinypic.com/30tpes4.jpg

Anyone got any updated podium plans.. this is one of the early ones

http://i55.tinypic.com/x5ehbk.jpg

Anyone got any updated podium plans.. this is one of the early ones



I agree Beppe it would be good if we had up to date plans as it would make it easier for us to judge handover dates. Can't imagine they will have that fancy adornment at the entrance. You can see there isn't that much difficult work to do to finish the podium if it is anything like the shape of the one in your picture as it is all low level stuff largely hidden below ground.

I think they will say April/May/June 2011 in next update as Dec 2010 is clearly not achievable. I still think late 2011 is more likely in practice and gives plenty of time to complete the fitting out of the residential towers and podium.

Anyone got very recent pictures of the hotel site and, ideally, the central tower so we can see how soon before it is at full height. I reckon there maybe only 2 floors to go?

17/Oct/2010



thanks Bizzybonita.

great view of Yatch Club. We should have boats moored directly opposite BC outside the Mall as well. Pity they won't be that big owing to bridges being fixed height.

Imagine TB is getting even more jealous with BC having a great location, posh hotel and a view of yatchs and all he has got is a flyover. :)

thanks Bizzybonita.

great view of Yatch Club. We should have boats moored directly opposite BC outside the Mall as well. Pity they won't be that big owing to bridges being fixed height.

Imagine TB is getting even more jealous with BC having a great location, posh hotel and a view of yatchs and all he has got is a flyover. :)

I walked past B C tonight, there are no boats moored outside the mall at all and you are not likely to see a hotel in the next few years as too many hotels and too few visitors.Would guess handover likely to be about 12 months given the state of building.As per Torch and Point do not expect much quality as Select never keep their promises as you all know by now.

Dont think he will be jealouse of the maintenance if the point is anything to go by. The point now has a globally bad reputation, (partly due to this website) and very difficult to rent out.

Currently at the Point.Security non-exsistant. A car has been parked in my space for a week and secuity do not know who it belongs to.Anybody can enter this building or car park. The pool area is filthy, the cleaners are useless, worse than the first lot.Tiles are falling off both pools by the dozen and the jacuzzi has not worked for two months and the water is an interesting grey colour. D C E are not completing the outstanding snagging issues in appartments and Select are doing nothing about the public areas. There is no way I will be paying my service charges and if Select want to block my access to the car park it will not matter as I cannot park in the space I paid far to much money for.The Select shit never ends.

THE STATE OF THE POINT
Two tennants moved out today, one of them very sensibly to the Emaar building next door. Given the terrible state of this place why would any tennant want to stay.Any owner kooking to find a tennant in this building will find it hard work.If we cannot get something done about this building it will be empty very soon.

Dont think he will be jealouse of the maintenance if the point is anything to go by. The point now has a globally bad reputation, (partly due to this website) and very difficult to rent out.

You're reading this Select Sales. Can you not contact Select Dubai which is in everyone's interests to try and help resolve this situation?

I walked past B C tonight, there are no boats moored outside the mall at all and you are not likely to see a hotel in the next few years as too many hotels and too few visitors.Would guess handover likely to be about 12 months given the state of building.As per Torch and Point do not expect much quality as Select never keep their promises as you all know by now.

Visitor numbers to Dubai are actually increasing year on year and hence the reason for airport expansion and a new airport. Do you think a hotel chain such as Ritz Carlton would build a huge extension if they didn't feel they would fill it with customers? Try and find a room in a Dubai beach front hotel at School holidays!

I am keen on going anyone that cares to start getting organised. Select have made enough money out us. Sorry I do not have the expertise, so looking to the more experienced forum members/purchasers in BC to advise.

A good starting point is to collect email addresses for as many BC owners as possible.

I have set up the email address baycentral@gmail.com. If you sent me your SSC name (if you have one), email address plus tower and apartment number to this address I will keep an up to date list and send a copy to everyone on the list. If someone wants to share the responsibility with me I will send them the log in details.

Once we have the list we can start deciding between us what action we'd like to take over a range of issues real and potential.

A good starting point is to collect email addresses for as many BC owners as possible.

I have set up the email address baycentral@gmail.com. If you sent me your SSC name (if you have one), email address plus tower and apartment number to this address I will keep an up to date list and send a copy to everyone on the list. If someone wants to share the responsibility with me I will send them the log in details.
.

:lol::lol::lol::lol:, so you can tell select property which owners are posting negative comments about them on public domain being SCC ,clever move slowhands clever move :lol::lol::lol:.

thanks Bizzybonita.

great view of Yatch Club. We should have boats moored directly opposite BC outside the Mall as well. Pity they won't be that big owing to bridges being fixed height.

Imagine TB is getting even more jealous with BC having a great location, posh hotel and a view of yatchs and all he has got is a flyover. :)

^^I've also got my rental income.:smug:

Just found out from our recent owners association meeting that a considerable part of Dorrabay is owned by a luxury holiday club. They also own a fleet of Sunseeker yachts. Just to explain Slowhand, sunseekers are posh boats:)

Check these posh web sites out while you're waiting for your handover:okay:

www.clubparadiso.net
www.dorrabayexperience.com

In my opinion Dorrabay has a better location at the entrance to the marina and the standards delivered are beyond what we paid for AND it's finished. That flyover is also quite handy for getting in and out in a hurry for the AD tenants. How many tenants will be looking for apartments by the time BC hands over during the peak of the oversupply in 2012?

Don't keep picking fights Slowhand, especially when I'm doing my best to back off.

^^I've also got my rental income.:smug:

Just found out from our recent owners association meeting that a considerable part of Dorrabay is owned by a luxury holiday club. They also own a fleet of Sunseeker yachts. Just to explain Slowhand, sunseekers are posh boats:)

Check these posh web sites out while you're waiting for your handover:okay:

www.clubparadiso.net
www.dorrabayexperience.com

In my opinion Dorrabay has a better location at the entrance to the marina and the standards delivered are beyond what we paid for AND it's finished. That flyover is also quite handy for getting in and out in a hurry for the AD tenants. How many tenants will be looking for apartments by the time BC hands over during the peak of the oversupply in 2012?

Don't keep picking fights Slowhand, especially when I'm doing my best to back off.

TB --CBP jUST ORDERED A NEW SUNSEEKER FOR ME TO MOOR OUTSIDE BC IN 2013 LOL

:lol::lol::lol::lol:, so you can tell select property which owners are posting negative comments about them on public domain being SCC ,clever move slowhands clever move :lol::lol::lol:.

Your still pissed off because you paid for the coffee at our meeting with Morrismarina and Select property in the early days. Your contribution then was ineffective and still is. Having tantrums gets you nowhere

I think everyone knows what they need to know about SG and SP. As you are not an investor in BC I can't see you being much use to us.

Redwayne was the first to sign up and he now has access to all the emails

Wow .. SELECT cant provide free drinks at their own meetings. Amazing bunch :ohno: ... Definitely 5* :lol:

anyone else recieved letter regarding next 20% payment? i still havent recieved nothing

Your still pissed off because you paid for the coffee at our meeting with Morrismarina and Select property in the early days. Your contribution then was ineffective and still is. Having tantrums gets you nowhere

I think everyone knows what they need to know about SG and SP. As you are not an investor in BC I can't see you being much use to us.

Redwayne was the first to sign up and he now has access to all the emails

Have I touched a big nerve with you slowhands ??? We all know how self centred & manipulative you really are, this was clearly on display when we had our meeting with SP :lol.:lol::lol:

Chill slowhands dont be so defensive..

MOAF

Visitor numbers to Dubai are actually increasing year on year and hence the reason for airport expansion and a new airport. Do you think a hotel chain such as Ritz Carlton would build a huge extension if they didn't feel they would fill it with customers? Try and find a room in a Dubai beach front hotel at School holidays!

Guys you can quote my postings on the Point or any other websites where ever you want .I want the whole world to know about the way Select treat customers.We are all Select victims.The Point is in a great position with great views.However, in common with the Torch and B C with Select and D C E invloved what you get is overpriced, late delivered and fitted out with cheap crap for tiles,kitchens, bathrooms etc. Maybe the reason you have not got a 5 star hotel is that international hotel groups are normally neither stupid or ill-informed.Maybe they have heard about Selects reputation and are avoiding them.I am sure if most Select customers had known 2/3/4/5 years ago what we know now then we would never have bought from them and would not have become victims.

Guys you can quote my postings on the Point or any other websites where ever you want .I want the whole world to know about the way Select treat customers.We are all Select victims.The Point is in a great position with great views.However, in common with the Torch and B C with Select and D C E invloved what you get is overpriced, late delivered and fitted out with cheap crap for tiles,kitchens, bathrooms etc. Maybe the reason you have not got a 5 star hotel is that international hotel groups are normally neither stupid or ill-informed.Maybe they have heard about Selects reputation and are avoiding them.I am sure if most Select customers had known 2/3/4/5 years ago what we know now then we would never have bought from them and would not have become victims.

Thats a good point I hadn't considered.
Who in theri right minds would trust Select to build a hotel for them?

That is actually a very very good point that I had not considered.
I cannot see any 5 Star Hotel Group getting past the first Due Diligence meeting on Select.
As I said before, we did a lengthy Due Diligence on both Select operations, and it came back with "warning" all over it.....
Forget the 5 Star hotel guys.....
:bash:

Guys you can quote my postings on the Point or any other websites where ever you want .I want the whole world to know about the way Select treat customers.We are all Select victims.The Point is in a great position with great views.However, in common with the Torch and B C with Select and D C E invloved what you get is overpriced, late delivered and fitted out with cheap crap for tiles,kitchens, bathrooms etc. Maybe the reason you have not got a 5 star hotel is that international hotel groups are normally neither stupid or ill-informed.Maybe they have heard about Selects reputation and are avoiding them.I am sure if most Select customers had known 2/3/4/5 years ago what we know now then we would never have bought from them and would not have become victims.

That is actually a very very good point that I had not considered.
I cannot see any 5 Star Hotel Group getting past the first Due Diligence meeting on Select.
As I said before, we did a lengthy Due Diligence on both Select operations, and it came back with "warning" all over it.....
Forget the 5 Star hotel guys.....
:bash:

Hi all I am new and I am a bit confuse because from all the comments I have seen. Anyway what is going on, I am expecting to be ready by the end off this year?

Guys you can quote my postings on the Point or any other websites where ever you want .I want the whole world to know about the way Select treat customers.We are all Select victims.The Point is in a great position with great views.However, in common with the Torch and B C with Select and D C E invloved what you get is overpriced, late delivered and fitted out with cheap crap for tiles,kitchens, bathrooms etc. Maybe the reason you have not got a 5 star hotel is that international hotel groups are normally neither stupid or ill-informed.Maybe they have heard about Selects reputation and are avoiding them.I am sure if most Select customers had known 2/3/4/5 years ago what we know now then we would never have bought from them and would not have become victims.

You make very fair and valid points with this statement. Let's hope Marriot group have signed a contract a few years ago that's water tight......

Anyone seen the latest update? Has it come out yet??? I can't wait for this edition of jackanory...let's hope they don't go FM on us...the silence is deafening.

Let's hope Marriot group have signed a contract a few years ago that's water tight......

One thing for sure Select do have good lawyers working for them. So that should not be a problem.

But did they have the hotel, under their belt to begin with?

who knows but with my letter arriving last week regarding the imminent next 20% installment it looks like they have us backed in a corner yet again. That will bring most of us up to 90% paid. Will they build a hotel? Probably not. Do we think we will get any money refunded? Probably not. It´s a close your eyes and hope for the best scenario and not one I am looking forward to.

Anyone seen the latest update? Has it come out yet??? I can't wait for this edition of jackanory...let's hope they don't go FM on us...the silence is deafening.

I'd imagine we're now extremely close to the cut off point legally defined in our contracts where they have to tell us of the next construction delay. I'll check later but I think it was 2 months notice to be served. However, with our developer, they may claim a FM with a delay in sending out notice! They really need some European management over in their Dubai office because the current lot havent got a bloody clue how to deal with investors

One thing for sure Select do have good lawyers working for them. So that should not be a problem.

But did they have the hotel, under their belt to begin with?

You're having a laugh! Selects lawyers didn't even go to a recognised law school! Any major corporate legal team would blow Select Group right out of the water with just their warning shot! Select Group just work on the basis the current Dubai legal system is totally ineffective - thereby ensuring litigation is too costly/lengthy for individuals to consider.

Just make sure you get your owners association registered as soon as the building is handed over and then kick Select Group into the long grass - then appoint a professional OA management firm (not one of Select's hooky brown envelope recommendations) and go over the whole development with a team of plumbers otherwise it'll leak for years.

The last thing you want is Select Group running your building. Their facilities management makes their developer business look professional and that's saying something!

Hi to everyone, have been watching the forum for a couple of years,there has been some interesting reading, anyway finally got round to joining so hopefully be contributuing shortly.

Just make sure you get your owners association registered as soon as the building is handed over and ...... appoint a professional OA management firm

Thanks for the advice. This is what we are aiming to do. Names of BC investors are being collected now by Redwayne and myself. Please send your details to baycentral@gmail.com. Everyone signing up will be sent the complete list so we know who each other is. If anyone wants to volunteer to head up the initiative then let us know.

If you know of a professional OA management firm then also send us details or publish their details on this forum if you prefer.

very true from my experience. they also take advantage of RERA's bias on the side of developers.
You're having a laugh! Selects lawyers didn't even go to a recognised law school! Any major corporate legal team would blow Select Group right out of the water with just their warning shot! Select Group just work on the basis the current Dubai legal system is totally ineffective - thereby ensuring litigation is too costly/lengthy for individuals to consider.

Hi all I am new and I am a bit confuse because from all the comments I have seen. Anyway what is going on, I am expecting to be ready by the end off this year?

You Better wake up

who knows but with my letter arriving last week regarding the imminent next 20% installment it looks like they have us backed in a corner yet again. That will bring most of us up to 90% paid. Will they build a hotel? Probably not. Do we think we will get any money refunded? Probably not. It´s a close your eyes and hope for the best scenario and not one I am looking forward to.
Grubman
whcih tower do you have an apartment

One thing for sure Select do have good lawyers working for them. So that should not be a problem.

But did they have the hotel, under their belt to begin with?

No.

Grubman
whcih tower do you have an apartment

Central tower

Central tower

Beppe and me havent received one but i assume will do so soon

Hi all I am new and I am a bit confuse because from all the comments I have seen. Anyway what is going on, I am expecting to be ready by the end off this year?

"Better late, than never" sounds appropriate :). Expecting BC to be ready by the end of this year suggest you have a lot to catch up with.

Besides BC, I advise you to read the Point thread, the Torch thread to get better acquainted with what to expect doing business with SELECT property.

any new pictures?

im going to dubai the first week in november, does anyone want any pictures taking

im going to dubai the first week in november, does anyone want any pictures taking
please any uptodate pictures of BC will be welcome. Look forward to them
:cheers:

update due out Sunday or early next week and hotel will get a mention in the latest Edition apparently. Could be welcome news apparently. We'll have to wait and see.

My money is firmly on handover late 2011.

Well that's the end of another week and still nothing.........They have an amazing habit of letting us all down

Well that's the end of another week and still nothing.........They have an amazing habit of letting us all down

agreed but I am still hopeful

is there any happening on the hotel foundations? anyone got a very recent picture or observation of the site?

"Better late, than never" sounds appropriate :). Expecting BC to be ready by the end of this year suggest you have a lot to catch up with.

Besides BC, I advise you to read the Point thread, the Torch thread to get better acquainted with what to expect doing business with SELECT property.

Thanks buster007 i will.

please any uptodate pictures of BC will be welcome. Look forward to them
:cheers:


I dont mean to be ignorant, but can you tell me where abouts this building is, and will i be able to get access so i can photograph the communal areas

I dont mean to be ignorant, but can you tell me where abouts this building is, and will i be able to get access so i can photograph the communal areas

If you go to Marina mall food court it is directly opposite on other side of Marina.

If you go to jbr walk, then it is middle behind the two al fattan glass towers. (the ones that have sheikh mo's giant picture on it).

The best man to ask about where to get pics or access is 234sale - you should pm him.

If you go to Marina mall food court it is directly opposite on other side of Marina.

If you go to jbr walk, then it is middle behind the two al fattan glass towers. (the ones that have sheikh mo's giant picture on it).

The best man to ask about where to get pics or access is 234sale - you should pm him.
or go to podium level of Sadaf (JBR) near the Suha apartments and you get a brilliant spot to take pictures. Between Suha apartments and the supermarket.
look forward to some pics.
:cheers:

no problem , anything to help, if anyone knows if i can get inside, or how to get inside that would be good, cheers

I dont mean to be ignorant, but can you tell me where abouts this building is, and will i be able to get access so i can photograph the communal areas

What communal areas :lol::lol:Certainly no podium

FRom BM dubai

BC starting too look great

http://i51.tinypic.com/mshu83.jpg

[QUOTE=Beppe786;65994041]FRom BM dubai

BC starting too look great

Great Photo Beppe - thks!

http://www.skyscraperlist.com/showthread.php?359-BAY-CENTRAL-36F-36F-50F-Res-Hotel-155m-180m-155m&p=1915

urwdhXC-s-s

k cera-cera, for slowhand as requested on ssl...

http://www.skyscraperlist.com/showthread.php?359-BAY-CENTRAL-36F-36F-50F-Res-Hotel-155m-180m-155m&p=1915

urwdhXC-s-s

k cera-cera, for slowhand as requested on ssl...

Very nice work Sale!

I liked this pic from your ssl site (but you have loads of good ones!):

http://i52.tinypic.com/28im901.jpg

:lol::cheers:

Hey 234Sale...great updates...Thank you so much for your effort...

Great video...wow...big slap on a face of BC/Hotel haters..

Biggest News.....................Hotel site work is in a good speed........If you compare with the last video of 234 sale...there is a significant progress on hotel site....

What an amazing looking tower....we will have a great view all around from our balcony and podium...

West tower has topped out...they are already working for feature on the top of the tower...cladding work seems almost finish..

Central tower is on 48 floor and cladding work is on 34 floor...

Once again thank you for the great update...you are on my top list for the BC opening party in Sept 2011...




.

Great Video! I really appreciate you guys sending thru these updates.

Thanks again!

Hey 234Sale...great updates...Thank you so much for your effort...

Great video...wow...big slap on a face of BC/Hotel haters..

Biggest News.....................Hotel site work is in a good speed........If you compare with the last video of 234 sale...there is a significant progress on hotel site....
What an amazing looking tower....we will have a great view all around from our balcony and podium...

West tower has topped out...they are already working for feature on the top of the tower...cladding work seems almost finish..

Central tower is on 48 floor and cladding work is on 34 floor...

Once again thank you for the great update...you are on my top list for the BC opening party in Sept 2011...


.

Slowhand, you have a new recruit for the propoganda department:lol:

You are seriously nuts mate! Remind me what you said about when the podium would be complete?

This is a picture of the wreckage of the stair tower used to get access from the last cast floor up to the slipform. Did this fall off the building I wonder?

http://i54.tinypic.com/2qx2ihv.jpg

http://i54.tinypic.com/2zr0rxw.jpg

Exactly a year ago for comparison;

http://i35.tinypic.com/10f3wc4.jpg

The difference is not startling IMO, the cladding is not complete on any floor, all the easy stuff first.

Heavy Machinery on Hotel site...

234Sale../Slowhand....What is your opinion about the activity at hotel site ??as they have cleared massive amount of rubbish and presence of Heavy machinery...

http://www.skyscraperlist.com/showthread.php?359-BAY-CENTRAL-36F-36F-50F-Res-Hotel-155m-180m-155m&p=1915

urwdhXC-s-s

k cera-cera, for slowhand as requested on ssl...

No way this will be open without the other structure or parking..

Maybe it can be done by Sep 2012,, on the basis that they pay the contractor on time..

But sure I will come to the party :eat: :cheers:

this should be getting close to casting the 50th floor, right? Maybe they won't need the stair tower anymore. So why not just roll it off the cliff.

28-oct
http://farm5.static.flickr.com/4127/5121219786_2f519b03e6_b.jpg

thank you very much for the update. A picture or video tells a thousand words. ssl is clearly a great source of useful info. Check it out.

central tower should reach full height in November. Clearly further progress on cladding. Some action on hotel site but not convincing as yet.

where is the update we are all waiting for SG? Tell us something about the hotel!

I reckon the update when it comes out will say April/May/June 2011. I am sticking with my date for handover being late 2011 ie 12 months from now.

clearly we want the quality and handover and snagging procedures to be much better than the Point. If you are interested in doing something about making this happen join us at baycentral@gmail.com.

Slowhand, you have a new recruit for the propoganda department:lol:

You are seriously nuts mate! Remind me what you said about when the podium would be complete?

you are still not taking the tablets your Doctor subscribed

how's the flyover looking? :)

this should be getting close to casting the 50th floor, right? Maybe they won't need the stair tower anymore. So why not just roll it off the cliff.

28-oct


Nice hat. Another one not taking the tablets :)

^^You clearly are:lol: The word is prescribed!

^^You clearly are:lol: The word is prescribed!

ahah, deliberate error which I thought you'd spot given that you regular see the doctor :)

so how's the flyover? noisy?

The only noise I hear is the sound of the cash registers when I'm spending the rent money on treats. Now that I've maxed out my ISA alowance again I was thinking about the new Panasonic 65" 3D plasma for the cinema room. That 50" Pioneer Kuro doesn't have the Wow factor anymore:)

Thank you God for Santa Cayan!!:laugh:

TB your knowledge about construction industry is valuable
but bashing BC I am not sure what kind of buzz you get ? But I believe you really enjoy this
anyway slowhand99 is doing some thing about our investment by getting investors together and number of member joining this group is increasing day by day
well done slowhand99 and thanks for making this effort

Slowhand, you have a new recruit for the propoganda department:lol:

You are seriously nuts mate! Remind me what you said about when the podium would be complete?

Blind leading blind mate -even pictures can't convince -- that Podium no way can work without Hotel/east tower -- all points to mid 2012 early 2013 finish

Hey 234Sale...great updates...Thank you so much for your effort...

Great video...wow...big slap on a face of BC/Hotel haters..

Biggest News.....................Hotel site work is in a good speed........If you compare with the last video of 234 sale...there is a significant progress on hotel site....

What an amazing looking tower....we will have a great view all around from our balcony and podium...

West tower has topped out...they are already working for feature on the top of the tower...cladding work seems almost finish..

Central tower is on 48 floor and cladding work is on 34 floor...

Once again thank you for the great update...you are on my top list for the BC opening party in Sept 2011...




.

LOL -- thats funny

anyway slowhand99 is doing some thing about our investment by getting investors together and number of member joining this group is increasing day by day
well done slowhand99 and thanks for making this effort

slowland = SELECT property :ohno:.
There would be no reason to form or joining such a group if SELECT were not some corrupt and deceitful.

Makes no sense collaborating with slowland in BC or any other SELECT issues. You are simply sleeping with the enemy.

BC Basher have taken full dose since they have seen the activity at hotel site.:bash:

Well..to make all of you happy...i will wait untill 2012 for my Personal Room Service:lol:.

By the way there will be many position available at Hotel...BC Basher can apply first as they have a first chance...because they know more about BC then real investor...

Good Luck ...i am off to long weekend...:cheers::banana:

Blind leading blind mate -even pictures can't convince -- that Podium no way can work without Hotel/east tower -- all points to mid 2012 early 2013 finish

there is another 12 months to built the rest of the parking and podium for handover late 2011.

You will note almost all the BC bashers are non-investors whose throw away remarks are made without much thought. TB and this fellow, who ever he is, have never bothered giving any sort of logical justification for their opinion for 2012 or beyond for handover.

The issues we face are NOT progress on the residential towers because this is continuing week by week. The pictures show it. Fact. The issues are
- we want the quality and handover procedures to be better than the Point
- we want some news on the hotel
- we want better communication. The latest update is well overdue.

We are working towards doing something on the first point. Please email baycentral@gmail.com with your details if you want to join in the effort. You will receive by return the details of all the other investors who have joined so far.

On the second two issues we are dependent on SG.

For the umpteenth time we all know by now who and what SG and SP are. We understand the situation we are in. We don't need the smart arses, the whingers, those with 'big shot delusions', the unemployed and dumb football supporters to keep reminding us because it's rude of them. :)

http://i54.tinypic.com/2myvr11.jpg

there is another 12 months to built the rest of the parking and podium for handover late 2011.

You will note almost all the BC bashers are non-investors whose throw away remarks are made without much thought. TB and this fellow, who ever he is, have never bothered giving any sort of logical justification for their opinion for 2012 or beyond for handover.

The issues we face are NOT progress on the residential towers because this is continuing week by week. The pictures show it. Fact. The issues are
- we want the quality and handover procedures to be better than the Point
- we want some news on the hotel
- we want better communication. The latest update is well overdue.

We are working towards doing something on the first point. Please email baycentral@gmail.com with your details if you want to join in the effort. You will receive by return the details of all the other investors who have joined so far.

On the second two issues we are dependent on SG.

For the umpteenth time we all know by now who and what SG and SP are. We understand the situation we are in. We don't need the smart arses, whingers, those with big shot delusions, the unemployed and dumb football supporters to keep reminding us because its rude of them. :)

^^Pot, Kettle, Black!

For someone trying to form a group you are doing a good job of alienating yourself.

TB and this fellow, who ever he is, have never bothered giving any sort of logical justification for their opinion for 2012 or beyond for handover.

You have had it justified to you over and over but you either don't understand it or blindly dismiss it. Look back at my post with the picture of a year ago.

THE BASEMENT HAS NOT MOVED IN A YEAR!!!!!

Is that any clearer for you? This is a glaring omission and consequently a glaring problem for the development but you keep ignoring it and talk about regular timescales.

You may have noted that I expressed an opinion on the Botanica thread that it will be handed over before BC and possibly why Mirpuri is referring to me as a BC basher. This is because Botanica has overcome it's problems and is now in top gear. BC is still trying to get out of second gear.

^^Pot, Kettle, Black!

For someone trying to form a group you are doing a good job of alienating yourself.



You have had it justified to you over and over but you either don't understand it or blindly dismiss it. Look back at my post with the picture of a year ago.

THE BASEMENT HAS NOT MOVED IN A YEAR!!!!!

Is that any clearer for you? This is a glaring omission and consequently a glaring problem for the development but you keep ignoring it and talk about regular timescales.

You may have noted that I expressed an opinion on the Botanica thread that it will be handed over before BC and possibly why Mirpuri is referring to me as a BC basher. This is because Botanica has overcome it's problems and is now in top gear. BC is still trying to get out of second gear.

It also helps when Botanica is not being built by DCE

That is actually quite a sensible post.
From my view, as I have said before, I looked closely at Select back in 2007 and was advised not to touch them. However, where you are now is where you are, and you will be stronger in attacking SG as a group than solo.
I think the points that really annoy people reading this thread is when ridiculous statements are made; particularly when it concerns handover and location.
All this achieves is building up peoples hopes when perhaps a more pragmatic view would be more helpful.
For example, when you start talking about handover in mid/late 2011, people actually take that on board as part of their financial planning, when a statement of "handover projected between Dec 2011 and Dec 2012" would perhaps be a more sensible approach bearing in mind all you are actually doing is guessing.
Selects track record indicate that you have a very small chance of improving either quality or handover proceedure, so again, do not raise peoples hopes, although a group lobby to RERA via your outside group may get a result for you.
Its also very unlikely that you wil get a hotel, so again, stop building up peoples hopes, and concentrate on attacking SG to clear the site.
Us Cayan buyers find ourselves there after spending money with lawyers on due diligence, so we are right to make this point. We paid and we got. However, I for one wish nothing but a speedy conclusion for BC. After all, we'll be looking at it from our apartments soon.
Just be realistic guys.....
:bash:

there is another 12 months to built the rest of the parking and podium for handover late 2011.

You will note almost all the BC bashers are non-investors whose throw away remarks are made without much thought. TB and this fellow, who ever he is, have never bothered giving any sort of logical justification for their opinion for 2012 or beyond for handover.

The issues we face are NOT progress on the residential towers because this is continuing week by week. The pictures show it. Fact. The issues are
- we want the quality and handover procedures to be better than the Point
- we want some news on the hotel
- we want better communication. The latest update is well overdue.

We are working towards doing something on the first point. Please email baycentral@gmail.com with your details if you want to join in the effort. You will receive by return the details of all the other investors who have joined so far.

On the second two issues we are dependent on SG.

For the umpteenth time we all know by now who and what SG and SP are. We understand the situation we are in. We don't need the smart arses, whingers, those with big shot delusions, the unemployed and dumb football supporters to keep reminding us because its rude of them. :)

Hi guys,

To all you landlords out there. Your views are appreciated without any nastiness please!
I don't have much experience in long term renting, as I've always tended to 'zig' when everyone else was 'zagging' always looking for more return for my money. What concerns me is where are the tenants are going to come from for all buildings that are
due to be completed for those of you that are going down the long term route.?
When Singapore, Shanghai and Hong Kong property markets crashed because of 'over supply' each of those 3 countries stopped building, giving time for the market to correct itself and within a few years they were all back on track.
The problem with Dubai is that they are not stopping building, surely this is really a bad move? How will the market correct itself and where are the tenants going to come from given that so many buildings already have a low occupancy rate. What will this do to long term rents, surely even basic economics will dictate that rents are going to go down further and further. As I said I am not an expert, and I am just commenting on what I see happening around me........Please be gentle.............

My view is quite simple:

The market will continue to mature. The best apartments with the best views with the best interior quality and the best facilities will become premium rentals and will suck in all the best tenants.
The rest will start to struggle; and struggle more as time moves on.

My considerable experience dictates that the BEST developments are on the Mrina Mall side of the marina, front line, panoramic marina view, developments between the original 6 EMAAR Towers and the Waves, but particularly Trident Marinascape, (Avant Tower), Original EMAAR Towers, Al Majara, Marina Sail, ARY and Waves; soon add Silverene to the top of that list.

Close second, developments on the ocean side of the marina between Dorra Bay and Marina Wharf. Again apartments right on the water with Panoramic Marina Views.

Add to this Al Fattan Towers, and maybe Trident Grand if the road gets re-routed properly and you can actually get in there!

Smaller 2 beds are by far the best rentals in terms of ROI.

Dubai has actually in the main stopped building. However, the stuff you see being delivered now had already started prior to the crash. In fact pretty much nothing new has been started since the crash at the end of 2008.

So, after about a further 2 year time lag, nothing new will be delivered.

The up side of all of this is that when the market picks up, there could well be a shortage again, as market conditions improve and nothing new comes onto the market for a few years, but do not expect this before 2014.

The real key in the next few year will be "QUALITY".

In my opinion, anyone owning in any development not delivered yet should seriously lobby their developer to deliver quality. Because the rubbish apartments will become increasingly difficult to rent.


Hi guys,

To all you landlords out there. Your views are appreciated without any nastiness please!
I don't have much experience in long term renting, as I've always tended to 'zig' when everyone else was 'zagging' always looking for more return for my money. What concerns me is where are the tenants are going to come from for all buildings that are
due to be completed for those of you that are going down the long term route.?
When Singapore, Shanghai and Hong Kong property markets crashed because of 'over supply' each of those 3 countries stopped building, giving time for the market to correct itself and within a few years they were all back on track.
The problem with Dubai is that they are not stopping building, surely this is really a bad move? How will the market correct itself and where are the tenants going to come from given that so many buildings already have a low occupancy rate. What will this do to long term rents, surely even basic economics will dictate that rents are going to go down further and further. As I said I am not an expert, and I am just commenting on what I see happening around me........Please be gentle.............

At least we can refit our apartments, but you cant change the size of your small apartments

Can you not read???
I deliberatly buy smaller apartments, they have by far the best ROI as a landlord..... :bash:

At least we can refit our apartments, but you cant change the size of your small apartments

Beppe, Silverene 2 beds are bigger than BC's and same in general for the 1 and 3 beds. I know the small 1 bed in Silverene has no blacony and BC will have but that is the only difference. Can't remember if BC has studios but if so not likely to be as big as 600ft in Silverene.

OK...

Let me tell you my situation..

When i wanted to buy an apartment..BC was the best deal as that was the only development which was offering favourable price plan and Escrow account and 5 star hotel..

I also have 2 Studios in Botanica..

I have bought the 3 bed apartment in Mumbai for GBP 200000 in early 2007 and sold it for GBP 850000 in Sept 2010...the project name is Ashoka Gardens -- Lower parel, Mumbai ( This is for the so called mature investor just to prove that we will not believe whatever you say about BC)

This is a fact that i am not happy with the delay....( no comment regarding quality as i will personally visit and judge it later on --so there is no issue regarding quality at the moment)

I like the location as personally i think this is a best location and view i will get from my apartment will be one of the best as i will have full marina and sea view

For transportation, ...Tram stop is next to the BC...so going to Marina Metro Station..you do not need to walk even 2 minute ( now calculate the journey time from any other apartment). Also Bus Service is quit good... I travelled 2 times in X25...and i enjoyed it...again Bus stop is just outside the BC..( Some one may argue about Tram Project...Again i am talking about long term)

Best of the Best restaurants,coffee house and 5 star hotels (again with the best Bar, restaurant, night club etc) are near to BC...again 2 minute walking

World famous "THE WALK" is next to BC..

World famous beach is next to BC...again few minute walking distance...ideal for everyone...I love to walk on beach side...for me BC is just perfect....Remember for a short term renting..family wants to live next to the beach...not somewhere which is 15-20 minute walking...

Hotel will be on site...this will be great advantage for BC owners in many ways...short term rental, using hotel facility...etc.

These are the fact and no one can deny it. no one can change these fact no matter whatever you argue.



I need an honest answers from ..TB..and team....

Why are you focusing so much on this project when you do not have any investment here???

Why are you calculating ROI on behalf on us when every investor knows the situation???

Why you wish bad for the BC investor??? (As you know that there is a Big difference between Well Wisher and Bad wisher - I am truly happy about your investment as you have made a right decision or right time)

Why are you laughing on investors when almost everyone who have bought during the boom time (not only BC but each and every development in Dubai )are in a difficult situation???

TB -- i respect you construction knowledge (people who have invested in Ajman, Sports City, Business Bay, Jumairah Village need more advice than BC investor)

i just need honest answer...anyone???

http://i54.tinypic.com/2myvr11.jpg
what a stunning picture!!!

Thanks Beppe

OK...

Let me tell you my situation..........................
...............
...............

I need an honest answers from ..TB..and team....

Why are you focusing so much on this project when you do not have any investment here???

Why are you calculating ROI on behalf on us when every investor knows the situation???

Why you wish bad for the BC investor??? (As you know that there is a Big difference between Well Wisher and Bad wisher - I am truly happy about your investment as you have made a right decision or right time)

Why are you laughing on investors when almost everyone who have bought during the boom time (not only BC but each and every development in Dubai )are in a difficult situation???

TB -- i respect you construction knowledge (people who have invested in Ajman, Sports City, Business Bay, Jumairah Village need more advice than BC investor)

i just need honest answer...anyone???

I am trying to focus in on when this development is likely to handover. You have the likes of Slowhand insisting on guiding everyone, who six months ago was insisting it would be mid 2011 and six months later is insisting it will be late 2011. Just as reliable and consistent as the Select updates.

He always seems to like mentioning me in his posts which invites me to respond appropriately.

You make a lot of good points in your post above however you previously stated that the basement would be finished December and the development mid 2011. I feel an obligation to correct.

OK...

Let me tell you my situation..

When i wanted to buy an apartment..BC was the best deal as that was the only development which was offering favourable price plan and Escrow account and 5 star hotel..

I also have 2 Studios in Botanica..

I have bought the 3 bed apartment in Mumbai for GBP 200000 in early 2007 and sold it for GBP 850000 in Sept 2010...the project name is Ashoka Gardens -- Lower parel, Mumbai ( This is for the so called mature investor just to prove that we will not believe whatever you say about BC)

This is a fact that i am not happy with the delay....( no comment regarding quality as i will personally visit and judge it later on --so there is no issue regarding quality at the moment)

I like the location as personally i think this is a best location and view i will get from my apartment will be one of the best as i will have full marina and sea view

For transportation, ...Tram stop is next to the BC...so going to Marina Metro Station..you do not need to walk even 2 minute ( now calculate the journey time from any other apartment). Also Bus Service is quit good... I travelled 2 times in X25...and i enjoyed it...again Bus stop is just outside the BC..( Some one may argue about Tram Project...Again i am talking about long term)

Best of the Best restaurants,coffee house and 5 star hotels (again with the best Bar, restaurant, night club etc) are near to BC...again 2 minute walking

World famous "THE WALK" is next to BC..

World famous beach is next to BC...again few minute walking distance...ideal for everyone...I love to walk on beach side...for me BC is just perfect....Remember for a short term renting..family wants to live next to the beach...not somewhere which is 15-20 minute walking...

Hotel will be on site...this will be great advantage for BC owners in many ways...short term rental, using hotel facility...etc.

These are the fact and no one can deny it. no one can change these fact no matter whatever you argue.



I need an honest answers from ..TB..and team....

Why are you focusing so much on this project when you do not have any investment here???

Why are you calculating ROI on behalf on us when every investor knows the situation???

Why you wish bad for the BC investor??? (As you know that there is a Big difference between Well Wisher and Bad wisher - I am truly happy about your investment as you have made a right decision or right time)

Why are you laughing on investors when almost everyone who have bought during the boom time (not only BC but each and every development in Dubai )are in a difficult situation???

TB -- i respect you construction knowledge (people who have invested in Ajman, Sports City, Business Bay, Jumairah Village need more advice than BC investor)

i just need honest answer...anyone???

:applause:

:applause: :applause: :applause:

Just came back from Dubai today. I can Tell you that BC is looking good and there are many workers on site. Given the global economy and problems of the past two years I have changed my opinions. I can tell you I am just happy that Select sites are all continuing and for that I am happy. There are more people worse off than us...believe me as I do know what I am talking about.

Although I am not a BC basher, but I have been following SSC threads for various projects in dubai for long, and I have noticed that some people feel happy at others miseries, for them its a sort of game or addiction, that proves them right and others wrong, and if they are in trouble then would likely want others to go down as well. When the recession happened and people started the feel the heat early 2009 on wards, some of the folks I know of, feel so much relieved that dubai is going down (they know that I have made my investments in dubai) but I guess this is one of the bad human nature and we should rise above it.

For instance, when I read ssc threads on sports city and see how buyers have shown their frustration to the developers and even to the rulers of UAE, I used to feel relief that thanks goodness I did not invest there but same time I feel emptiness in my soul that why loss of others brings joy to fellow humans.... Anyway I wish all of the people who invested some how be adjusted in one way or another.

We had a similar case in Saudi, during tadawul boon time when ordinary citizens sold their homes and cars etc to buy stocks and all of em lost in the end.

Perhaps my post is not to the point but I though of sharing my views
and I wish all BC investors the best of luck as they need it.

“A true friend laughs at your stories even when they're not so good, and sympathizes with your troubles even when they're not so bad”


Cheers

OK...



I need an honest answers from ..TB..and team....

Why are you focusing so much on this project when you do not have any investment here???

Why are you calculating ROI on behalf on us when every investor knows the situation???

Why you wish bad for the BC investor??? (As you know that there is a Big difference between Well Wisher and Bad wisher - I am truly happy about your investment as you have made a right decision or right time)

Why are you laughing on investors when almost everyone who have bought during the boom time (not only BC but each and every development in Dubai )are in a difficult situation???

TB -- i respect you construction knowledge (people who have invested in Ajman, Sports City, Business Bay, Jumairah Village need more advice than BC investor)

i just need honest answer...anyone???

:applause::applause:Thank you for those comments Dubai projects

[QUOTE=dubaiprojects;66205921]Although I am not a BC basher, but I have been following SSC threads for various projects in dubai for long, and I have noticed that some people feel happy at others miseries, for them its a sort of game or addiction, that proves them right and others wrong, and if they are in trouble then would likely want others to go down as well.
(edited)
“A true friend laughs at your stories even when they're not so good, and sympathizes with your troubles even when they're not so bad”


Thanks for your comments and experience. This is why it is so important for BC owners/investors to get organised now. Most of the info on this forum is very helpful,especially the photos and updates on progress. However as the project continues it is clear that we need to start communicating and influencing the developer regarding handover, quality of finish, snagging and maintenance /management of the development. This can only be done effectively as a group of owners/investors and not by bashing them on this site. I have recently joined the Bay Central Owners group and I would recommend other owners to do the same by sending an email to: baycentral@gmail.com

If anyone wants to send me PM then please do.

Ianthy.

I have joined and would ask everyone with a genuine interest and investment to also join. We might as well get together now, because at some stage we will need a home owners association. Only together can we at the very least achieve a loud voice!

[QUOTE=dubaiprojects;66205921]Although I am not a BC basher, but I have been following SSC threads for various projects in dubai for long, and I have noticed that some people feel happy at others miseries, for them its a sort of game or addiction, that proves them right and others wrong, and if they are in trouble then would likely want others to go down as well.
(edited)
“A true friend laughs at your stories even when they're not so good, and sympathizes with your troubles even when they're not so bad”


Thanks for your comments and experience. This is why it is so important for BC owners/investors to get organised now. Most of the info on this forum is very helpful,especially the photos and updates on progress. However as the project continues it is clear that we need to start communicating and influencing the developer regarding handover, quality of finish, snagging and maintenance /management of the development. This can only be done effectively as a group of owners/investors and not by bashing them on this site. I have recently joined the Bay Central Owners group and I would recommend other owners to do the same by sending an email to: baycentral@gmail.com

If anyone wants to send me PM then please do.

Ianthy.

OK...

Let me tell you my situation..

When i wanted to buy an apartment..BC was the best deal as that was the only development which was offering favourable price plan and Escrow account and 5 star hotel..

I also have 2 Studios in Botanica..

I have bought the 3 bed apartment in Mumbai for GBP 200000 in early 2007 and sold it for GBP 850000 in Sept 2010...the project name is Ashoka Gardens -- Lower parel, Mumbai ( This is for the so called mature investor just to prove that we will not believe whatever you say about BC)

This is a fact that i am not happy with the delay....( no comment regarding quality as i will personally visit and judge it later on --so there is no issue regarding quality at the moment)

I like the location as personally i think this is a best location and view i will get from my apartment will be one of the best as i will have full marina and sea view

For transportation, ...Tram stop is next to the BC...so going to Marina Metro Station..you do not need to walk even 2 minute ( now calculate the journey time from any other apartment). Also Bus Service is quit good... I travelled 2 times in X25...and i enjoyed it...again Bus stop is just outside the BC..( Some one may argue about Tram Project...Again i am talking about long term)

Best of the Best restaurants,coffee house and 5 star hotels (again with the best Bar, restaurant, night club etc) are near to BC...again 2 minute walking

World famous "THE WALK" is next to BC..

World famous beach is next to BC...again few minute walking distance...ideal for everyone...I love to walk on beach side...for me BC is just perfect....Remember for a short term renting..family wants to live next to the beach...not somewhere which is 15-20 minute walking...

Hotel will be on site...this will be great advantage for BC owners in many ways...short term rental, using hotel facility...etc.

These are the fact and no one can deny it. no one can change these fact no matter whatever you argue.



I need an honest answers from ..TB..and team....

Why are you focusing so much on this project when you do not have any investment here???

Why are you calculating ROI on behalf on us when every investor knows the situation???

Why you wish bad for the BC investor??? (As you know that there is a Big difference between Well Wisher and Bad wisher - I am truly happy about your investment as you have made a right decision or right time)

Why are you laughing on investors when almost everyone who have bought during the boom time (not only BC but each and every development in Dubai )are in a difficult situation???

TB -- i respect you construction knowledge (people who have invested in Ajman, Sports City, Business Bay, Jumairah Village need more advice than BC investor)

i just need honest answer...anyone???

You done well in Mumbai (and got out at right time !) you can also afford a loss here I guess ?

Many can't unfortunately and handover will nor be until mid 2012 at very earliest so many contracts will be in breach

BC was supposed to be delivered with "5 Star quality" -- we will see -- Torch was supposed to better than The Point which it isnt -- I used to support SP/SG I have formed a different opinion now -- I do think SP were kept in the dark on Rahail Aslams and DCE idea of Quality - we will see what transpires

I have property in all 3 developments so am quite au fais with all the issues and consequently NOT a "BC BASHER" -- But now i'm afraid i'm gonna look after no 1 -- if youre happy here fine - GOOD LUCK

if your high enough from central tower expect a nice view.. more towards the side angle from Bc from this picture,

plus your need to be high enough too look over the quays

http://farm2.static.flickr.com/1439/5128320191_f633a9496a_b.jpg

Blind leading blind mate -even pictures can't convince -- that Podium no way can work without Hotel/east tower -- all points to mid 2012 early 2013 finish

Hi Man U, So you're saying that even if West and Central tower are ready for next Summer (officially we still haven't been told that it wont be this December as I'm sure you're aware) that they will have to lie empty for at least a year or 18 months until the podium is complete. I find that hard to believe even by Dubai standards. Can you imagine the issues this would cause if it were true? I honestly cant see it happening

if some of you remember when the quays was finished and the two smaller towers wasnt they made everyone wait untill all was completely finished before handover.. i hope we dont have to wait untill hotel is finished before we get handover

^^It depends on the design of the basement. I would have expected the original basement to have a common entrance, exit and ramps used by all 3 towers. Perhaps the reason why the basement does not exist is that they have redesigned it and trying to get it approved. The purpose of the redesign being to have it seperated from the third tower so they have their own ramps, entrances and exits. Clearly having this configuration will be tricky and will absorb more space for 2 sets of ramps.

Long story short, if they can't have a seperate access and ramps for the residential towers then no completion certificate without the third tower!

West and central towers are on one plot, hotel is on a seperate plot. always has been this way since day 1.

^^Do you have any information which shows that the East tower has it's own carpark with seperate entrance/exit? That is more relevant than your statment regarding the seperate plots.

Well, if you are in any doubt about this, ask any Marina Quays owner in the main tower. That had to sit empty for 14 months while EMAAR finished the other 2 towers in the development. And thats EMAAR....... They could not get a license to open the main tower until the whole thing was finished......

Hi Man U, So you're saying that even if West and Central tower are ready for next Summer (officially we still haven't been told that it wont be this December as I'm sure you're aware) that they will have to lie empty for at least a year or 18 months until the podium is complete. I find that hard to believe even by Dubai standards. Can you imagine the issues this would cause if it were true? I honestly cant see it happening

The site next door (in between BC and Pier 8) has been cleared and a Foundations sign has gone up

Whats the relevance of the above post?

Whats the relevance of the above post?

the same as yours (and mine) :nuts:

:banana:

Whats the relevance of the above post?

New neighbours?:cheers:

Well, if I were a BC owner I would want to know EXACTLY what was happening with the plot next door, as it effects value and rental prices in the short term.....:bash:Whats the relevance of the above post?

^^And access for DCE to the East tower plot!

I wasnt being a smart arse with my last post i was just asking the question.

Sleek looking towers, location is fantastic.

Will be a hotel with 2 connecting residential towers then.

I wonder which hotel chain this could be? Apparently a 5 * famous international chain.

I am a BC investor looking for a way out and have just found this thread, can anyone confirm if defaulting on payments results in you getting 70% of your investment back or if you are intitled to all monies paid back if Select do not complete ( which of course they wont ) by the end of the year?

^^ from what i know if you default then it could take up to a year for you too get your money back.. by then BC will be nearly ready..

there are more experts on there that know better.. anyone?

I am a BC investor looking for a way out and have just found this thread, can anyone confirm if defaulting on payments results in you getting 70% of your investment back or if you are intitled to all monies paid back if Select do not complete ( which of course they wont ) by the end of the year?

Defaulting on your payments will result in immediate repossession within 50 days of a payment due date. Arbitration would take at least 1 year.

Well, if I were a BC owner I would want to know EXACTLY what was happening with the plot next door, as it effects value and rental prices in the short term.....:bash:

Exactly. Could be another hotel!

Hi Man U, So you're saying that even if West and Central tower are ready for next Summer (officially we still haven't been told that it wont be this December as I'm sure you're aware) that they will have to lie empty for at least a year or 18 months until the podium is complete. I find that hard to believe even by Dubai standards. Can you imagine the issues this would cause if it were true? I honestly cant see it happening

Wayne --

Well, if you are in any doubt about this, ask any Marina Quays owner about the main tower. That had to sit empty for 14 months while EMAAR finished the other 2 towers in the development. And thats EMAAR....... They could not get a license to open the main tower until the whole thing was finished......

Sydney Jay put it perfectly didnt he

...... hopefully I wont have to worry about that scenario any way

Wayne --

Well, if you are in any doubt about this, ask any Marina Quays owner about the main tower. That had to sit empty for 14 months while EMAAR finished the other 2 towers in the development. And thats EMAAR....... They could not get a license to open the main tower until the whole thing was finished......

Sydney Jay put it perfectly didnt he

...... hopefully I wont have to worry about that scenario any way

Marina Quays was one whole plot. BC is two plots. central and west combine to make one plot and the other is east. always has been this way. access to central and west will be granted regardless of east. the real problem is the podium!

Wayne --

Well, if you are in any doubt about this, ask any Marina Quays owner about the main tower. That had to sit empty for 14 months while EMAAR finished the other 2 towers in the development. And thats EMAAR....... They could not get a license to open the main tower until the whole thing was finished......

Sydney Jay put it perfectly didnt he

...... hopefully I wont have to worry about that scenario any way

Hi ManU. I hadn't heard about this and just when you think nothing else can surprise you......That would be incredibly frustrating, to have your unit complete and sat empty for over a year. How did those guys go on during the summer months with the units empty? Did they have the power on to keep the units cool as I'm sure the heat could casue some issues in the building? I hope they didn't have to pay service charges without being able to use their properties.

Marina Quays was one whole plot. BC is two plots. central and west combine to make one plot and the other is east. always has been this way. access to central and west will be granted regardless of east. the real problem is the podium!

it will boil down to whether access and parking for the two residential towers is separate or can be made separate from the hotel. If you allow, say, another 12 months then I think this is long enough to complete the podium for the residential towers.

If SG do claim handover in 6 or even 12 months then access and parking are separate as the hotel is 2 to 3 years off completion. SG will pick up 10% of sales value on handover of residential towers which will amount to roughly £10M plus all the remaining payments on SPP up to 90% so they have ever incentive to complete. They may well need this money to build the hotel.

SG can clear all this up in the next update. Where is it?

Just go back over the Marina Quays experience.
This was originally 3 EMAAR plots. They amalgamated into one plot.
This however was not the issue with the authorities. They could not separate the car park and podium, so they could not open the finished main tower until the whole thing was signed off.
They did not have the power connected either, so they had to leave all the windows open in the main tower for 14 months. It gave EMAAR some massive snagging problems.
I hope BC find a way round this, but EMAAR could not......

If SG have been cleaver, they will have learnt from this and they will finish the podium and car parking, and build the hotel above podium level, and maybe attempt to open the first 2 towers. Time will tell....

it will boil down to whether access and parking for the two residential towers is separate or can be made separate from the hotel. If you allow, say, another 12 months then I think this is long enough to complete the podium for the residential towers.

If SG do claim handover in 6 or even 12 months then access and parking are separate as the hotel is 2 to 3 years off completion. SG will pick up 10% of sales value on handover of residential towers which will amount to roughly £10M plus all the remaining payments on SPP up to 90% so they have ever incentive to complete. They may well need this money to build the hotel.

SG can clear all this up in the next update. Where is it?

No, you would not have to pay service charges in this case. In the last situation with MQ's, the units in the main EMAAR Marina Quays tower could not be handed over.....

Hi ManU. I hadn't heard about this and just when you think nothing else can surprise you......That would be incredibly frustrating, to have your unit complete and sat empty for over a year. How did those guys go on during the summer months with the units empty? Did they have the power on to keep the units cool as I'm sure the heat could casue some issues in the building? I hope they didn't have to pay service charges without being able to use their properties.

Just go back over the Marina Quays experience.
This was originally 3 EMAAR plots. They amalgamated into one plot.
This however was not the issue with the authorities. They could not separate the car park and podium, so they could not open the finished main tower until the whole thing was signed off.
They did not have the power connected either, so they had to leave all the windows open in the main tower for 14 months. It gave EMAAR some massive snagging problems.
I hope BC find a way round this, but EMAAR could not......

If SG have been cleaver, they will have learnt from this and they will finish the podium and car parking, and build the hotel above podium level, and maybe attempt to open the first 2 towers. Time will tell....

sydney

clearly we appreciate your concerns and thanks for the very helpful input but now had it confirmed that "The podium and parking for the residential towers and hotel are designed such that they are adjacent plots with independent podium and car parking access. The residential towers can be handed over regardless of the progress on the hotel tower."

I was just reading an email I received this morning from the Institution Of Civil Engineers stating that there is a massive recruitment drive ongoing for Civil Engineers required to reconstruct the earthquake damage in New Zealand. Next thing I did was catch up on the forum and immediately became consious of the risks of building these towers full height, cladding them so they then have to resist wind loads and all without the base being complete.

Strikes me that if the engineers never intended these towers to be built in this sequence that they could be asking for trouble if we have a minor quake or a shimal storm before the basement is formed. I'm quite surprised that this never crossed my mind before reading this email but it is quite obvious, even to the layman, that something sticking out the ground 180m needs a secure and massive(in terms of self weight) base to fix it and hold it firm. Otherwise you have a top heavy structure with a high centre of gravity which is an unstable and risky situation.

The engineers at NEB might already have covered this subject and that might be the reason why some extra work has been done to extend the base around Central tower and form the forward podium between the 2 towers to try and add some more weight to the base. Just lets hope this situation is under control. Maybe someone from Select wants to raise this point at the next project meeting.

sydney

clearly we appreciate your concerns and thanks for the very helpful input but now had it confirmed that "The podium and parking for the residential towers and hotel are designed such that they are adjacent plots with independent podium and car parking access. The residential towers can be handed over regardless of the progress on the hotel tower."

:banana:

This group has been formed to look after our interests in BC. We now "speak" for 25 apartments in BC and the number is growing each day.

If you want to join please send details of your apartment to baycentral@gmail.com. You will receive an up to date list of all the members by return.

Cool. That is indeed good news.
Out of interest, who actually "confirmed" this????
EMAAR had all sorts of trouble with this exact issue. I should know, I was one of the owners caught up in this at Marina Quays.....

sydney

clearly we appreciate your concerns and thanks for the very helpful input but now had it confirmed that "The podium and parking for the residential towers and hotel are designed such that they are adjacent plots with independent podium and car parking access. The residential towers can be handed over regardless of the progress on the hotel tower."

Cool. That is indeed good news.
Out of interest, who actually "confirmed" this????
EMAAR had all sorts of trouble with this exact issue. I should know, I was one of the owners caught up in this at Marina Quays.....

SG themselves - their words verbatim "The podium and parking for the residential towers and hotel are designed such that they are adjacent plots with independent podium and car parking access. The residential towers can be handed over regardless of the progress on the hotel tower."

Clearly very good news for investors.

We just need some good news on the hotel now then we are on the homeward straight.

This group has been formed to look after our interests in BC. We now "speak" for 25 apartments in BC and the number is growing each day.

If you want to join please send details of your apartment to baycentral@gmail.com. You will receive an up to date list of all the members by return.

hi i am in London and what kind off details do i send ??

hi i am in London and what kind off details do i send ??

name, apartment number and tower and email address. Another member is pulling together a brief discussion document on our aims right now which in simple terms is to look after the interests of BC owners. Have your input.

Great news!!!!
I am however interested to know how you managed to get an answer so fast out of SG, when so many people on here cannot seem to get any answers out of them.
My lawyers could not get even a response from SG when we did our Due Diligence, hence I did not buy.
As they seem to be talking to you, maybe I could respectfully suggest you ask them:

1. When will work commence on the Hotel?
2. When is the current confirmed handover for the first 2 towers?
3. When will the car park/podium be completed on all 3 plots?
4. Do you have a hotel operator signed up to operate the hotel?
5. When will the next overdue update be released?

I will be very interested in the reply.....

SG themselves - their words verbatim "The podium and parking for the residential towers and hotel are designed such that they are adjacent plots with independent podium and car parking access. The residential towers can be handed over regardless of the progress on the hotel tower."

Clearly very good news for investors.

We just need some good news on the hotel now then we are on the homeward straight.

SG themselves - their words verbatim "The podium and parking for the residential towers and hotel are designed such that they are adjacent plots with independent podium and car parking access. The residential towers can be handed over regardless of the progress on the hotel tower."

Clearly very good news for investors.

We just need some good news on the hotel now then we are on the homeward straight.

This is certainly not reflected in the renders or previously posted plans. So it must be a change to the design. The big question now is, has this change and the subsequent re design been approved by the master developer? I would suggest not or they would have started building the basement by now. A completed basement is a valuable tool for storing deliveries, accomodating the workforce and supporting the towers from falling down.:)

The other point worth pointing out is that SG are not renouned for telling the truth, just what you want to hear. Afterall, they have been reporting that the basement is complete for about a year now.:bash:

There I go bashing Select again, what am I like:ohno:

SG themselves - their words verbatim "The podium and parking for the residential towers and hotel are designed such that they are adjacent plots with independent podium and car parking access. The residential towers can be handed over regardless of the progress on the hotel tower."

Clearly very good news for investors.

We just need some good news on the hotel now then we are on the homeward straight.

Well , well .I am so relieved -- everything is rosy in the garden again:lol::lol:

This is certainly not reflected in the renders or previously posted plans. So it must be a change to the design. The big question now is, has this change and the subsequent re design been approved by the master developer? I would suggest not or they would have started building the basement by now. A completed basement is a valuable tool for storing deliveries, accomodating the workforce and supporting the towers from falling down.:)

The other point worth pointing out is that SG are not renouned for telling the truth, just what you want to hear. Afterall, they have been reporting that the basement is complete for about a year now.:bash:

There I go bashing Select again, what am I like:ohno:

Sounds like a few heads could be bashed in if a few squiggles surface on the old Richter scale :lol::lol::ohno::ohno:

Sounds like a few heads could be bashed in if a few squiggles surface on the old Richter scale :lol::lol::ohno::ohno:

there you go again, the unemployed and dumb football supporter, who are not investors in BC, making their usual asinine and uninformed comment. TB is really scraping the barrel with his latest comments LOL. You add no value and are of no help and your are not even funny. What do you think you achieve?
What is the point of your posts? The only benefit to me is that it gives me a chance to be very rude. :). I am sure everyone else is very bored and uninterested.

OK YOU GUYS FOLLOWED THIS SITE FOR WHILE NOW>>>>
FED UP WITH WHINGING N BICKERING>>>>
I WOULD HAVE LIKED MORE PROGRESS BUT GIVEN ALL CONCERNS I WILL BE HAPPY TO BE COMPLETED>>>
I AM A INVESTOR WHO HAS DIPPED HIS TOE IN THE UAE MARKET AND MAY I ADD NOT A PROPERTY INVESTOR BUT THE LOCATION AND GRADE OF PROPERTY SUITED MY REQUIREMENTS...
THE UAE IS A PREMIUM INVESTMENT....
IF YOU ARE IN ANY DOUBT ABOUT PROPERTY INVESTMENT CHECK YOUR OWN AREA THEY AINT SELLING FAST ITS GLOBAL....ALL I WANT IS WHAT I REQUIRE A QUALITY APARTMENT IN A GREAT LOCATION PLEASE DELIVER SG.........

SO I SAY PUBLISH AND BE DAMMED MY PERSONAL DETAILS WILL BE AVAILABLE FOR ANYONE WHO WISHES TO CHAT OR COMMUNICATE DIRECT FORTHWITH... CHEERS GORDIE

slowhand, you seem to have missed my last post. Somehow you got an instant reply from SG when no one else can. Hence my questions to you:

Great news!!!!
I am however interested to know how you managed to get an answer so fast out of SG, when so many people on here cannot seem to get any answers out of them.
My lawyers could not get even a response from SG when we did our Due Diligence, hence I did not buy.
As they seem to be talking to you, maybe I could respectfully suggest you ask them:

1. When will work commence on the Hotel?
2. When is the current confirmed handover for the first 2 towers?
3. When will the car park/podium be completed on all 3 plots?
4. Do you have a hotel operator signed up to operate the hotel?
5. When will the next overdue update be released?

I will be very interested in the reply.....

Although I admit I am not a investor in this development, (I very nearly was), I am for different reasons very keen for this development to get finished; all 3 towers... as soon as possible.

[/B]there you go again, the unemployed and dumb football supporter, who are not investors in BC, making their usual asinine and uninformed comment. TB is really scraping the barrel with his latest comments LOL. You add no value and are of no help and your are not even funny. What do you think you achieve?
What is the point of your posts? The only benefit to me is that it gives me a chance to be very rude. :). I am sure everyone else is very bored and uninterested.

OK YOU GUYS FOLLOWED THIS SITE FOR WHILE NOW>>>>
FED UP WITH WHINGING N BICKERING>>>>
I WOULD HAVE LIKED MORE PROGRESS BUT GIVEN ALL CONCERNS I WILL BE HAPPY TO BE COMPLETED>>>
I AM A INVESTOR WHO HAS DIPPED HIS TOE IN THE UAE MARKET AND MAY I ADD NOT A PROPERTY INVESTOR BUT THE LOCATION AND GRADE OF PROPERTY SUITED MY REQUIREMENTS...
THE UAE IS A PREMIUM INVESTMENT....
IF YOU ARE IN ANY DOUBT ABOUT PROPERTY INVESTMENT CHECK YOUR OWN AREA THEY AINT SELLING FAST ITS GLOBAL....ALL I WANT IS WHAT I REQUIRE A QUALITY APARTMENT IN A GREAT LOCATION PLEASE DELIVER SG.........

SO I SAY PUBLISH AND BE DAMMED MY PERSONAL DETAILS WILL BE AVAILABLE FOR ANYONE WHO WISHES TO CHAT OR COMMUNICATE DIRECT FORTHWITH... CHEERS GORDIE

Hi Gordie,

Do you have an apartment in Bay Central? Your situation seems to be the same as many other owners in BC and you may find it beneficial to join the Bay Central owners group at baycentral@gmail.com. This group has been put together to protect the interests of all investors in BC :)

New signboard has been erected on the "East Plot" and shows a picture of one tower and a seperate plot number. National Engineering Bureau is one of the contractors, no others mentioned.

The tower consists of:

5 Basement Floors, 2 Podiums, 12 Floors (Hotel), 12 Floors (Residential), 1 Floor (Mechanical), 10 Floors (Residential), 2 Floors (Rooftop)

can anyone get us a picture?

New signboard has been erected on the "East Plot" and shows a picture of one tower and a seperate plot number. National Engineering Bureau is one of the contractors, no others mentioned.

The tower consists of:

5 Basement Floors, 2 Podiums, 12 Floors (Hotel), 12 Floors (Residential), 1 Floor (Mechanical), 10 Floors (Residential), 2 Floors (Rooftop)

Thanks for the news AITU, probably the most significant development on this thread for a number of years. :)

New signboard has been erected on the "East Plot" and shows a picture of one tower and a seperate plot number. National Engineering Bureau is one of the contractors, no others mentioned.

The tower consists of:

5 Basement Floors, 2 Podiums, 12 Floors (Hotel), 12 Floors (Residential), 1 Floor (Mechanical), 10 Floors (Residential), 2 Floors (Rooftop)

....the missed 3rd tower! :banana:

Can someone confirm with more in depth details?

Date of kick off for works?

Thanks for this precious info!

New signboard has been erected on the "East Plot" and shows a picture of one tower and a seperate plot number. National Engineering Bureau is one of the contractors, no others mentioned.

The tower consists of:

5 Basement Floors, 2 Podiums, 12 Floors (Hotel), 12 Floors (Residential), 1 Floor (Mechanical), 10 Floors (Residential), 2 Floors (Rooftop)

thanks very much for the post AITU.

Hallelujah! At last. Been a good news week for BC investors. We need to see a convincing start on the hotel build now.

^^:tyty:Yeah! Hallelujah!

4 years of your life later and they've got a sign up!:carrot:

^^:tyty:Yeah! Hallelujah!

4 years of your life later and they've got a sign up!:carrot:

"Better late than never, but never late is better

So DCE have been sacked???

If so, probably due to the hotel requiring a certain standard of finish which DCE clearly cannot deliver.

Good news in any event.

Don't jump to conclusions! NEB are consultants not contractors. It will be difficult but not impossible to operate a site with 2 contractors side by side. DCE won't want this either as it could make access difficult for them so I expect promises will be made and deals will be struck.

Saturday Nov 6. work has already started on excavating the piling. Company doing work is General Construction Company.

http://img23.imageshack.us/img23/4282/dscf0005xj.jpg (http://img23.imageshack.us/i/dscf0005xj.jpg/)

We really need to know what the hell´s going on here, a hotel with residential floors?? The picture on the board looks from a distance at least to be nothing like the first 2 towers and we have heard zip from Select. Interesting times ahead.....

We really need to know what the hell´s going on here, a hotel with residential floors?? The picture on the board looks from a distance at least to be nothing like the first 2 towers and we have heard zip from Select. Interesting times ahead.....

Could it be that the board needs to be updated, but that the new/actual signs haven't arrived yet?

NEB/GCC is the same combo as working on Botanica. In Botanica the foundation were done by middle east foundation or something though.

Do hope the hotel will have a nice seafood buffet once completed.

:banana:

We really need to know what the hell´s going on here, a hotel with residential floors?? The picture on the board looks from a distance at least to be nothing like the first 2 towers and we have heard zip from Select. Interesting times ahead.....

There was a render posted a while back by DXBPC which I noted had the 3rd tower looking nothing like the other 2.

A few people have commented that this has always been a 2+1 plot development but that was never my independant understanding of what was being built or marketed from all the press releases, renders and models used to sell it. Many will be pleased that at last the hotel now looks to be underway but if I had put my money here I think I would be livid that the 3rd tower appears to be a completely alien building in more ways than 1.

I should add that when the hotel was moved from the centre plot to the side plot was clearly the time when Select knew what they were upto and they kept it tightly under wraps from all their investors.

Could it be that the board needs to be updated, but that the new/actual signs haven't arrived yet?

NEB/GCC is the same combo as working on Botanica. In Botanica the foundation were done by middle east foundation or something though.

Do hope the hotel will have a nice seafood buffet once completed.

:banana:

I think you need to wake up and join the BC group, you've just been shafted IMO!

There was a render posted a while back by DXBPC which I noted had the 3rd tower looking nothing like the other 2.

A few people have commented that this has always been a 2+1 plot development but that was never my independant understanding of what was being built or marketed from all the press releases, renders and models used to sell it. Many will be pleased that at last the hotel now looks to be underway but if I had put my money here I think I would be livid that the 3rd tower appears to be a completely alien building in more ways than 1.

Given the changes in Dubai over the last couple of years I think all will just be delighted to have a Hotel as long as we still receive all the services that were promised to us and are still advertised. The lateness issues are still on-going given that we've still not been told that handover won't be end of December this year. Being so late obviously effects many investors who thought their units could already be used or rented. Let's hope our developer does the right thing and pays compensation for the late delivery........ :ohno:I quote from the Select site which quotes the facilities we will receive;

Residents and owners of Bay Central benefit from 5-star A La Carte services and amenities:

Choice of exquisite restaurants
Hotel branded luxury Spa
Outdoor Swimming Pool
Health Club
Sauna
Steam room
Men and Women’s Lockers
Executive lounge
24-hour room service
High Speed Internet Access
Lobby lounge and bar
Entertainment Bar with outdoor seating
Parking
24-hour security

A third building is much better than nothing at all, especially when it's an eye soar. It should all turn out good in the end.

All the best to the investor's.

i bet you these will be fully furnished and serviced apartments rented out on a long term basis either directly by Select or whatever hotel ends up there. Few hotels are doing that now in the Marina, such as the SAS, the Marriott, Tamani hotel, etc.

In the end, i agree with noir here, better a building with part hotel and all the facilities that we will end up getting, than an empty plot. I have to say that Select should be congratulated on securing finance for this building and finally starting construction giving the economic environment & the oversupply.

We really need to know what the hell´s going on here, a hotel with residential floors?? The picture on the board looks from a distance at least to be nothing like the first 2 towers and we have heard zip from Select. Interesting times ahead.....

^^ i agree thats its a positive sign that there will be a third tower hotel.. puts bay central different from all the rest just apartments buildings!

^^ i agree thats its a positive sign that there will be a third tower hotel.. puts bay central different from all the rest just apartments buildings!

Anything that can give added value to us is more than welcome!

I also agree that its great that work has started and that this development looks like it will be finished soon. It could be that Select have sold the plot on??
I do however disagree that it "puts BC different from all the rest". Silverene for example is joined to the Marina Mall and 5 star ADDRESS Hotel.
The quality in the ADDRESS Hotel is totally amazing..... Real 5 Star plus...

I think this makes Silverene way more desirable..... Oh, and the hotel and marina mall with its raft of amazing restaurants all service Silverene, and will also be able to service BC with deliveries..... We all win... :banana:

^^ i agree thats its a positive sign that there will be a third tower hotel.. puts bay central different from all the rest just apartments buildings!

I also agree that its great that work has started and that this development looks like it will be finished soon. It could be that Select have sold the plot on??
I do however disagree that it "puts BC different from all the rest". Silverene for example is joined to the Marina Mall and 5 star ADDRESS Hotel.
The quality in the ADDRESS Hotel is totally amazing..... Real 5 Star plus...

I think this makes Silverene way more desirable..... Oh, and the hotel and marina mall with its raft of amazing restaurants all service Silverene, and will also be able to service BC with deliveries..... We all win... :banana:

I think Beppe is saying different from the rest as BC owners have room service for their apartments. I dont think Silverine have room service from the ADDRESS hotel??

I also agree that its great that work has started and that this development looks like it will be finished soon. It could be that Select have sold the plot on??
I do however disagree that it "puts BC different from all the rest". Silverene for example is joined to the Marina Mall and 5 star ADDRESS Hotel.
The quality in the ADDRESS Hotel is totally amazing..... Real 5 Star plus...

I think this makes Silverene way more desirable..... Oh, and the hotel and marina mall with its raft of amazing restaurants all service Silverene, and will also be able to service BC with deliveries..... We all win... :banana:

This is the BC thread and really dont give a toss about Silverene. Yes you are like a parrot going on about it every opportunity, good for you if as an investor it looks ok and it will be built but joined to the hotel??? Sure then BC is joined to the Ritz Carlton! What amazing restaurants are you on about? The food court with 10 patrons max at any one time? Have you not been beachside to the real Hotel restaurants and Marina walk?

Get real dude...

New signboard has been erected on the "East Plot" and shows a picture of one tower and a seperate plot number. National Engineering Bureau is one of the contractors, no others mentioned.

The tower consists of:

5 Basement Floors, 2 Podiums, 12 Floors (Hotel), 12 Floors (Residential), 1 Floor (Mechanical), 10 Floors (Residential), 2 Floors (Rooftop)

So it’s not a hotel tower anymore.

It’s now Residential/hotel. :nuts:

http://www.rpdubai.ae/rpdubai/SharedFolder/ProgressIndicator/259_187.jpg

Cant find the Hotel Tower on RERA

Cant find the Hotel Tower on RERA

But look at the picture of the East (Hotel)tower, it's changed.

So it’s not a hotel tower anymore.

It’s now Residential/hotel. :nuts:

Interesting .. a 12 floor Hotel. If this proves to be true, then definitely, this wont be the managed by the major Hotel chain :ohno:.

Interesting .. a 12 floor Hotel. If this proves to be true, then definitely, this wont be the managed by the major Hotel chain :ohno:.

your guessing and your wrong.

But look at the picture of the East (Hotel)tower, it's changed.

That was the point I was trying to make above. The new mixed use tower is different design from the original BC renders and models and it is convieniently shown on it's own. I think the evidence points towards a stand alone "alein" development with no links to the original 2 towers. Just my opinion, but I think your chances of having hotel serivces on site now are zero. Or they will be at such exhorbitant rates as to tell you they are not interested in the business.

At least you won't be left with a hole in the ground, but they have f'cked up the architecture of the development by changing the design of this third tower.

There is NO WAY you will get room service out of a site that is still a hole in the ground. Even in 3 years time if it ever opens as a "real" hotel; which seems increasingly unlikely. Forget it.

And, just out of interest, BC was launched 2 years BEFORE Silverene. Great investment guy!!! A simple bit of Due Diligence pointed me in the right direction. Bet you did not even hire a lawyer???

However, as we will be sitting in out apartments in a few weeks, looking over at BC, I, as we all do on here, hope BC is finished as soon as possible, and that disgraceful building site is cleaned up and presented as it should be.
And I agree, the beachside is a GREAT area. 3 minutes walk from our side of the marina. Trouble is, driving into the car parks on the beachside, through the traffic jams and roadwork's.

As I stated before, I wish all well on these blogs. I attempt to offer realistic advice based on my considerable experience in Dubai Marina. And it really annoys me when people either falsely raise investors hope, or make ridiculous statements about possible handover dates..... Just be realistic guys...... :bash:


This is the BC thread and really dont give a toss about Silverene. Yes you are like a parrot going on about it every opportunity, good for you if as an investor it looks ok and it will be built but joined to the hotel??? Sure then BC is joined to the Ritz Carlton! What amazing restaurants are you on about? The food court with 10 patrons max at any one time? Have you not been beachside to the real Hotel restaurants and Marina walk?

Get real dude...

Guy's the least of your problem's is room service. You have so many place's in the marina area that will deliver any type of food your heart desire's, and for a better price. You would of orderd maybe two to three time's from the hotel before you realized it's a rip off, tourist price's, but your practically local's with your vacation apartment's. JBR Walk is rite next you, and a mall accross the bridge, how good does that get.

What's important is the third building will be done. Who care's if it look's a little different, I'm sure it will look good any way, if not better.

The way thing's are going on in Dubai, and all that over supply, you could of had that hole ( eye sore ) for a good decade. Now you have hope, and some thing to look forward to.

Look on the bright side, when you think it threw a little, it can only be good in the end.

All the best.

There is NO WAY you will get room service out of a site that is still a hole in the ground. Even in 3 years time if it ever opens as a "real" hotel; which seems increasingly unlikely. Forget it.

And, just out of interest, BC was launched 2 years BEFORE Silverene. Great investment guy!!! A simple bit of Due Diligence pointed me in the right direction. Bet you did not even hire a lawyer???

However, as we will be sitting in out apartments in a few weeks, looking over at BC, I, as we all do on here, hope BC is finished as soon as possible, and that disgraceful building site is cleaned up and presented as it should be.
And I agree, the beachside is a GREAT area. 3 minutes walk from our side of the marina. Trouble is, driving into the car parks on the beachside, through the traffic jams and roadwork's.

As I stated before, I wish all well on these blogs. I attempt to offer realistic advice based on my considerable experience in Dubai Marina. And it really annoys me when people either falsely raise investors hope, or make ridiculous statements about possible handover dates..... Just be realistic guys...... :bash:

You just proved my point that you are a parrot and a muppet. Enjoy your Silverene views, very happy you will be across the water from me with your car fumes etc...By the way if I wanted a silverene apartment I could get one now at an OP price so well done...

Guy's the least of your problem's is room service. You have so many place's in the marina area that will deliver any type of food your heart desire's, and for a better price. You would of orderd maybe two to three time's from the hotel before you realized it's a rip off, tourist price's, but your practically local's with your vacation apartment's. JBR Walk is rite next you, and a mall accross the bridge, how good does that get.

What's important is the third building will be done. Who care's if it look's a little different, I'm sure it will look good any way, if not better.

The way thing's are going on in Dubai, and all that over supply, you could of had that hole ( eye sore ) for a good decade. Now you have hope, and some thing to look forward to.

Look on the bright side, when you think it threw a little, it can only be good in the end.

All the best.

:applause::applause:

Agree totally!!!!! Nice to read a sensible post.... :)

Guy's the least of your problem's is room service. You have so many place's in the marina area that will deliver any type of food your heart desire's, and for a better price. You would of orderd maybe two to three time's from the hotel before you realized it's a rip off, tourist price's, but your practically local's with your vacation apartment's. JBR Walk is rite next you, and a mall accross the bridge, how good does that get.

What's important is the third building will be done. Who care's if it look's a little different, I'm sure it will look good any way, if not better.

The way thing's are going on in Dubai, and all that over supply, you could of had that hole ( eye sore ) for a good decade. Now you have hope, and some thing to look forward to.

Look on the bright side, when you think it threw a little, it can only be good in the end.

All the best.

Guy's the least of your problem's is room service. You have so many place's in the marina area that will deliver any type of food your heart desire's, and for a better price. You would of orderd maybe two to three time's from the hotel before you realized it's a rip off, tourist price's, but your practically local's with your vacation apartment's. JBR Walk is rite next you, and a mall accross the bridge, how good does that get.

What's important is the third building will be done. Who care's if it look's a little different, I'm sure it will look good any way, if not better.

The way thing's are going on in Dubai, and all that over supply, you could of had that hole ( eye sore ) for a good decade. Now you have hope, and some thing to look forward to.

Look on the bright side, when you think it threw a little, it can only be good in the end.

All the best.

I agree - just delighted that something is being built. Given a choice between a 2 buildings and a sandpit or 3 buildings - it's an easy choice!

There is NO WAY you will get room service out of a site that is still a hole in the ground. Even in 3 years time if it ever opens as a "real" hotel; which seems increasingly unlikely. Forget it.

And, just out of interest, BC was launched 2 years BEFORE Silverene. Great investment guy!!! A simple bit of Due Diligence pointed me in the right direction. Bet you did not even hire a lawyer???

However, as we will be sitting in out apartments in a few weeks, looking over at BC, I, as we all do on here, hope BC is finished as soon as possible, and that disgraceful building site is cleaned up and presented as it should be.
And I agree, the beachside is a GREAT area. 3 minutes walk from our side of the marina. Trouble is, driving into the car parks on the beachside, through the traffic jams and roadwork's.

As I stated before, I wish all well on these blogs. I attempt to offer realistic advice based on my considerable experience in Dubai Marina. And it really annoys me when people either falsely raise investors hope, or make ridiculous statements about possible handover dates..... Just be realistic guys...... :bash:

Fair comment on the advice but tell me a popular area in a city that doesn't have traffic congestion. Las Vegas boulevard friday and saturday nights, nightmare. Times square New York, nightmare. Canton Road, Hong Kong, nightmare, London, nightmare, Tokyo, nightmare, Paris, Nightmare, the roads around darling harbour and campbell parade Sydney are hardly a walk in the park, Honolulu Hawaii, nightmare, Venice beach California friday and saturday, nightmare, Moscow, crap, Shanghai, worse, Ho Chi Minh, shocking, Mumbai, terrible, How far can you take a traffic jam argument when all the worlds most popular places are exactly the same?

A lot of the congestion in Dubai Marina area is crazy and needless due to lousy planning and poor management by the RTA but don't look at beach side Dubai as an isolated case. People will always flock to the beach areas no matter what the state of congestion is

The first constructive action of the group of BC owners has been to agree on a common charter, setting out the principles of the group.

The group now consists of a broad representation of owners, spread over interests, nationality and work experience. The group communicates via de common email baycentral@gmail.com and is open to membership for all private owners of one or more BC apartments.

The Charter governs the joint interests of the Members and or the interest of a Member in case supported by the Members.

The Members are of the view that the facts around the Project are by now well documented and do not need to be dwelled upon. The Members agree that each project in Dubai has it's merits, some better other worse, yet that Members best focus on a concerted, planned out, professional approach to market and support the Project for the benefit of the Owners. We consider the items that we can influence, not the ones that we have no influence over. Members will not act in their individual capacity and for the sole benefit of themselves. The Group considers Select as an important stakeholder and realises that an initial constructive yet firm approach may yield the best results.

The key objective of the Charter is to protect and enhance the economical interest of Members by pro-active initiatives to achieve:

a) a positive image of the Bay Central Development to the relevant external world, i.e. non Member owners, prospective buyers and (prospective) Tenants,

b) an efficient and timely hand-over, contract delivery (inclusive claims) and snagging process,

c) a 4-5 star "cafetaria" property management set up, reducing waste and services not in demand, at fair market prices,

d) a positive and constructive Members society, setting and maintaining international standards for Residents,

e) consider to develop value added services for Members (e.g. bill payment, apartment servicing, apartment redesign, rental pool, joint procurement inclusive of property agencies etc).

How do we achieve this?

1) Recruit, register and maintain Members. Register only essential basic information (name, email address, apartment number(s), area of expertise & profession-industry, location, visit frequency to Dubai, area of interest to contribute). A Member can be expelled in case the Charter is violated, which would be confirmed in a fair process detailed in sub 9).

2) Keep each other up to date with the facts as we individually obtain them (facts first, then opinion),

3) Sharing our expertise, network and financial resources where required, to execute tasks to achieve the above for the benefit of the Members,

4) Refrain from damaging and irritating external communication,

5) Set up of a simple financial model allowing Members to pool finances to get things done and allow new Members to join later, yet with an "entry fee" to share part of the early costs,

6) Develop a prioritised action plan, budget and time-table, who does what and review & update when required. As good practise for key tasks, Members always execute work in at least in pairs and report back progress to the Members,

7) Design a house style and a simple web-based tool open to all Members to support the communication (any suggestions please ?),

8) (Virtually) meet up to work out and execute the plan,

9) Put proposals to vote and ensure a > 50% support from responding Members n the timeline set (e.g. 20 people respond and 15 are in support (i.e. > 50%), the other 30 members do not, respond, then the proposal will be moved forward.


How do we measure success?

Success would be measured on

a) Membership
Number of Member apartments / Total number of apartments

b) Satisfaction
Average satisfaction amongst Members

c) Economic
Value created for the Members

So, the Group goes beyond promoting a single persons interest. It is also not exclusively set up to work "against" Select. We represent a large group of people with a common interest, i.e. to have our investment protected and to provide a cost effective and well managed residence, leveraging the skills of all members.

In case you believe that this would also benefit you, please do join us at baycentral@gmail.com

Best wishes
BayVee

This is not an off-plan project (only off-plans fall under RERA). the residential apartments will be fully furnished and serviced long-term rental apartments imo. they will not be offered for sale as off-plans.

Cant find the Hotel Tower on RERA

Well Done Slowhand, Bayvee and all the active BC owners for creating members Group.
:applause::applause


I thought i have sent my information long time back..will send it again...

Its Great news for BC to have a hotel on site and work in progress now:banana:

Anyone new Pictures??


234Sale Please post some pictures here...thanks in advance....

The first constructive action of the group of BC owners has been to agree on a common charter, setting out the principles of the group.

The group now consists of a broad representation of owners, spread over interests, nationality and work experience. The group communicates via de common email baycentral@gmail.com and is open to membership for all private owners of one or more BC apartments.

The Charter governs the joint interests of the Members and or the interest of a Member in case supported by the Members.

The Members are of the view that the facts around the Project are by now well documented and do not need to be dwelled upon. The Members agree that each project in Dubai has it's merits, some better other worse, yet that Members best focus on a concerted, planned out, professional approach to market and support the Project for the benefit of the Owners. We consider the items that we can influence, not the ones that we have no influence over. Members will not act in their individual capacity and for the sole benefit of themselves. The Group considers Select as an important stakeholder and realises that an initial constructive yet firm approach may yield the best results.

The key objective of the Charter is to protect and enhance the economical interest of Members by pro-active initiatives to achieve:

a) a positive image of the Bay Central Development to the relevant external world, i.e. non Member owners, prospective buyers and (prospective) Tenants,

b) an efficient and timely hand-over, contract delivery (inclusive claims) and snagging process,

c) a 4-5 star "cafetaria" property management set up, reducing waste and services not in demand, at fair market prices,

d) a positive and constructive Members society, setting and maintaining international standards for Residents,

e) consider to develop value added services for Members (e.g. bill payment, apartment servicing, apartment redesign, rental pool, joint procurement inclusive of property agencies etc).

How do we achieve this?

1) Recruit, register and maintain Members. Register only essential basic information (name, email address, apartment number(s), area of expertise & profession-industry, location, visit frequency to Dubai, area of interest to contribute). A Member can be expelled in case the Charter is violated, which would be confirmed in a fair process detailed in sub 9).

2) Keep each other up to date with the facts as we individually obtain them (facts first, then opinion),

3) Sharing our expertise, network and financial resources where required, to execute tasks to achieve the above for the benefit of the Members,

4) Refrain from damaging and irritating external communication,

5) Set up of a simple financial model allowing Members to pool finances to get things done and allow new Members to join later, yet with an "entry fee" to share part of the early costs,

6) Develop a prioritised action plan, budget and time-table, who does what and review & update when required. As good practise for key tasks, Members always execute work in at least in pairs and report back progress to the Members,

7) Design a house style and a simple web-based tool open to all Members to support the communication (any suggestions please ?),

8) (Virtually) meet up to work out and execute the plan,

9) Put proposals to vote and ensure a > 50% support from responding Members n the timeline set (e.g. 20 people respond and 15 are in support (i.e. > 50%), the other 30 members do not, respond, then the proposal will be moved forward.


How do we measure success?

Success would be measured on

a) Membership
Number of Member apartments / Total number of apartments

b) Satisfaction
Average satisfaction amongst Members

c) Economic
Value created for the Members

So, the Group goes beyond promoting a single persons interest. It is also not exclusively set up to work "against" Select. We represent a large group of people with a common interest, i.e. to have our investment protected and to provide a cost effective and well managed residence, leveraging the skills of all members.

In case you believe that this would also benefit you, please do join us at baycentral@gmail.com

Best wishes
BayVee

Mmmmmmmmmm!

Not what I thought you were intending to do, but why am I surprised knowing who is behind it. So you are the BC self promotion society. First time I have heard of this being necessary.

Well Done Slowhand, Bayvee and all the active BC owners for creating members Group.
:applause::applause


I thought i have sent my information long time back..will send it again...

Its Great news for BC to have a hotel on site and work in progress now:banana:

Anyone new Pictures??


234Sale Please post some pictures here...thanks in advance....

You're not paying attention, it's 2 seperate plots, apparently always has been. Seperate basement carparks, seperate developments, seperate design, seperate everything. Therefore the Hotel is not ONSITE, it's next door. Kinda like the Sheraton and Dorrabay:)

You're not paying attention, it's 2 seperate plots, apparently always has been. Seperate basement carparks, seperate developments, seperate design, seperate everything. Therefore the Hotel is not ONSITE, it's next door. Kinda like the Sheraton and Dorrabay:)

:lol: TB are you on the edge mate? ease off you'll blow a fuse. You are not even an investor in BC so don't worry yourself. We'll be alright. We can look after ourselves.

^^:lol: They'll be another 10 member along shortly to join in with you now that you've got the memorandum and articles of association all sorted out.

"Facts first then opinions"=>The truth must be buried from now on.:okay:

The first constructive action of the group of BC owners has been to agree on a common charter, setting out the principles of the group.

The group now consists of a broad representation of owners, spread over interests, nationality and work experience. The group communicates via de common email baycentral@gmail.com and is open to membership for all private owners of one or more BC apartments.

The Charter governs the joint interests of the Members and or the interest of a Member in case supported by the Members.

The Members are of the view that the facts around the Project are by now well documented and do not need to be dwelled upon. The Members agree that each project in Dubai has it's merits, some better other worse, yet that Members best focus on a concerted, planned out, professional approach to market and support the Project for the benefit of the Owners. We consider the items that we can influence, not the ones that we have no influence over. Members will not act in their individual capacity and for the sole benefit of themselves. The Group considers Select as an important stakeholder and realises that an initial constructive yet firm approach may yield the best results.

The key objective of the Charter is to protect and enhance the economical interest of Members by pro-active initiatives to achieve:

a) a positive image of the Bay Central Development to the relevant external world, i.e. non Member owners, prospective buyers and (prospective) Tenants,

b) an efficient and timely hand-over, contract delivery (inclusive claims) and snagging process,

c) a 4-5 star "cafetaria" property management set up, reducing waste and services not in demand, at fair market prices,

d) a positive and constructive Members society, setting and maintaining international standards for Residents,

e) consider to develop value added services for Members (e.g. bill payment, apartment servicing, apartment redesign, rental pool, joint procurement inclusive of property agencies etc).

How do we achieve this?

1) Recruit, register and maintain Members. Register only essential basic information (name, email address, apartment number(s), area of expertise & profession-industry, location, visit frequency to Dubai, area of interest to contribute). A Member can be expelled in case the Charter is violated, which would be confirmed in a fair process detailed in sub 9).

2) Keep each other up to date with the facts as we individually obtain them (facts first, then opinion),

3) Sharing our expertise, network and financial resources where required, to execute tasks to achieve the above for the benefit of the Members,

4) Refrain from damaging and irritating external communication,

5) Set up of a simple financial model allowing Members to pool finances to get things done and allow new Members to join later, yet with an "entry fee" to share part of the early costs,

6) Develop a prioritised action plan, budget and time-table, who does what and review & update when required. As good practise for key tasks, Members always execute work in at least in pairs and report back progress to the Members,

7) Design a house style and a simple web-based tool open to all Members to support the communication (any suggestions please ?),

8) (Virtually) meet up to work out and execute the plan,

9) Put proposals to vote and ensure a > 50% support from responding Members n the timeline set (e.g. 20 people respond and 15 are in support (i.e. > 50%), the other 30 members do not, respond, then the proposal will be moved forward.


How do we measure success?

Success would be measured on

a) Membership
Number of Member apartments / Total number of apartments

b) Satisfaction
Average satisfaction amongst Members

c) Economic
Value created for the Members

So, the Group goes beyond promoting a single persons interest. It is also not exclusively set up to work "against" Select. We represent a large group of people with a common interest, i.e. to have our investment protected and to provide a cost effective and well managed residence, leveraging the skills of all members.

In case you believe that this would also benefit you, please do join us at baycentral@gmail.com

Best wishes
BayVee


This just get better, :lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:

I have looked at your comments on SSC over the years just to understand you better and, together with the last one, there is a clear pattern for all to see.

Generally a few words and then a lot of lol's seems to be your standard of response. Aside from one single posting, where you had suggested to group together, I could not find any constructive suggestions that would have any merits for any owner, let alone a group.

Just thinking that Slowhand is scheming this up, is too simple for me. We had a full support on the proposal form a braod group of owners.

You are of course entitled to your view, where you have no good words for Select and the project.

We, as Group, will in the mean time try another approach and see if that could bring more benefits.

I have looked at your comments on SSC over the years just to understand you better and, together with the last one, there is a clear pattern for all to see.

Generally a few words and then a lot of lol's seems to be your standard of response. Aside from one single posting, where you had suggested to group together, I could not find any constructive suggestions that would have any merits for any owner, let alone a group.

Just thinking that Slowhand is scheming this up, is too simple for me. We had a full support on the proposal form a braod group of owners.

You are of course entitled to your view, where you have no good words for Select and the project.

We, as Group, will in the mean time try another approach and see if that could bring more benefits.

Bayvee,

You didn't need to write a MBA Thesis to get your word across, a few lines in laymans terms would have been sufficient to get your word across plain & simple .

With respect to you guys @ BC forming "your" owners group , good luck, but will not make a slightest difference "FACT". SP/SG have total disregard for all their investors, they are consistent prepetual liars who hide behind lawyers.

Anyway guys good luck.

Bayvee just chill out- you dont need to prove yourself to anyone .

Bayvee,

You didn't need to write a MBA Thesis to get your word across, a few lines in laymans terms would have been sufficient to get your word across plain & simple .

With respect to you guys @ BC forming "your" owners group , good luck, but will not make a slightest difference "FACT". SP/SG have total disregard for all their investors, they are consistent prepetual liars who hide behind lawyers.

Anyway guys good luck.

Bayvee just chill out- you dont need to prove yourself to anyone .

Moaf what makes you the EXPERT? what facts behind your thesis ?

Moaf what makes you the EXPERT? what facts behind your thesis ?

Mirpuri

Can you please explain what your trying say, I don't understand the above statement .


MOAF

You're not paying attention, it's 2 seperate plots, apparently always has been. Seperate basement carparks, seperate developments, seperate design, seperate everything. Therefore the Hotel is not ONSITE, it's next door. Kinda like the Sheraton and Dorrabay:)

:lol::lol::lol: and the BURJ el Arab (only a short walk away) --oops that was from The TORCH :lol:

Now you got "the committee" everything will be fine I am sure :ohno::ohno:

I have spoken with someone at Select that i consider worthy of trust as they have always stuck to the facts with me. In there opinion the services offered will still be there as will the 5 star hotel. It is still Marriot Group but will not be Rennaisance, it will be branded under a new name which Marriot is rolling out now called Edition Hotels http://www.editionhotels.com/en-us/#/en-us/idea?ideaId=Idea. It is there belief that this will be confirmed in the next update which will be out in within the next 10 days or so. The reason for the late delivery of this update was to attempt to get as much information the hotel in it. Time will tell.
In my opinion, which has changed drastically over the years since i bought here, i am happy that the apartments will be finished and "a" hotel will be built. It is very unfortunate that the world has changed so much over the years but we are where we are and there are people a lot worse of than us in Dubai right now. Peir 8, Marina Wharf 2, The Atlantic in the marina alone right off the top of my head. Also there are no projects being delivered on time either. Silverene and Infinity seem to appear on this thread often...they are way behind too. My recollection is that they started in 2006/2007 and were due to be finished late 2009/first half of 2010. I actually regret not buying in Silverene as well as BC but thats life...i wouldn't be any better off just worried about a different building.
I have a friend who bought three apartments in a "designer" tower and paid £300,000 to date. The project has been postponed indefinately and they have not got there money back because it has not been cancelled. They have only broke ground in the past 4 years.
I am genuinely content that this project will be finished and with a hotel. You will recall my crusade a year ago re the hotel and services. It was confirmed then that there would only be one direct connection between the towers and hotel for access. Nothing has changed since then.
I am going to dubai this week for several weeks so i will attempt to gety some close photos etc and more info. I will attempt access too. Anybody want anything asked sent me an email.
For my money the "fight" right now is to make sure all common areas are finished to a high standard. Apartment interiors can be changed/fixed...common areas including pool cannot.

this post is my opinion and not intended to provoke or upset. it is purely informational.

^^

Hope all of above with "hotel" been built holds true and the pre-sale association/services with the hotel is a reality. Time will tell.

If the "hotel" does go ahead, I dont see the BC complex handed over any time sooner than Q4 2013.

^^

Hope all of above with "hotel" been built holds true and the pre-sale association/services with the hotel is a reality. Time will tell.

If the "hotel" does go ahead, I dont see the BC complex handed over any time sooner than Q4 2013.

it has been confirmed by SG that the residential towers have separate access and parking from the hotel tower and the progress on the hotel has NO bearing on the handover of the West and Central towers. In other words they are independent of each other. Q4 2013 may well be a good estimate for completion of the hotel but not for the residential towers.

My estimate for handover of the residential towers is late 2011 ie roughly 12 months from now. The central tower is now very close to full height. The cladding and internal work in under way and substantial progress has been made already and all this could be finished in next 12 months. The only doubt is whether they can complete the rest of the podium and parking in next 12 months. None of this at any height and much of it is just concrete pouring.

Does anyone have a copy of the very latest SELECT GROUPS version of progress report and projected handover for this project ?

A post on here would be good if poss ?

I have spoken with someone at Select that i consider worthy of trust as they have always stuck to the facts with me. In there opinion the services offered will still be there as will the 5 star hotel. It is still Marriot Group but will not be Rennaisance, it will be branded under a new name which Marriot is rolling out now called Edition Hotels http://www.editionhotels.com/en-us/#/en-us/idea?ideaId=Idea. It is there belief that this will be confirmed in the next update which will be out in within the next 10 days or so. The reason for the late delivery of this update was to attempt to get as much information the hotel in it. Time will tell.
In my opinion, which has changed drastically over the years since i bought here, i am happy that the apartments will be finished and "a" hotel will be built. It is very unfortunate that the world has changed so much over the years but we are where we are and there are people a lot worse of than us in Dubai right now. Peir 8, Marina Wharf 2, The Atlantic in the marina alone right off the top of my head. Also there are no projects being delivered on time either. Silverene and Infinity seem to appear on this thread often...they are way behind too. My recollection is that they started in 2006/2007 and were due to be finished late 2009/first half of 2010. I actually regret not buying in Silverene as well as BC but thats life...i wouldn't be any better off just worried about a different building.
I have a friend who bought three apartments in a "designer" tower and paid £300,000 to date. The project has been postponed indefinately and they have not got there money back because it has not been cancelled. They have only broke ground in the past 4 years.
I am genuinely content that this project will be finished and with a hotel. You will recall my crusade a year ago re the hotel and services. It was confirmed then that there would only be one direct connection between the towers and hotel for access. Nothing has changed since then.
I am going to dubai this week for several weeks so i will attempt to gety some close photos etc and more info. I will attempt access too. Anybody want anything asked sent me an email.
For my money the "fight" right now is to make sure all common areas are finished to a high standard. Apartment interiors can be changed/fixed...common areas including pool cannot.

this post is my opinion and not intended to provoke or upset. it is purely informational.

I agree with this "make sure all common areas are finished to a high standard." and also that we appoint the maintenance company to look after these common areas.

Does anyone have a copy of the very latest SELECT GROUPS version of progress report and projected handover for this project ?

A post on here would be good if poss ?

it has not been issued yet. It is acknowledged that it is well overdue.

http://i54.tinypic.com/3354ew7.jpg

http://i55.tinypic.com/29p45ud.jpg


more at

http://www.skyscraperlist.com/forum.php

that looks like a squashed west tower. or could it be just the picture

that looks like a squashed west tower. or could it be just the picture

Hi - you read my mind. The picture looks like a distorted West Tower picture. Let's see what response Wayne when he meets with SG.

Anybody know who the contractors for building the hotel are yet ?? If the same as Botanica, this 3rd tower could go up much quicker than people imagine. :)

it has not been issued yet. It is acknowledged that it is well overdue.

The last one would do ?

more at

http://www.skyscraperlist.com/forum.php

it has the same number of floors as West Tower including mechanical floors I think with the same colour of cladding and the "villa/retail" units at the edges looks similar so could well be a "copy" of the West Tower as we were originally expecting given the notice is meant to be an artist's impression rather than a exact likeness.

SG should really confirm this for us.

http://i54.tinypic.com/3354ew7.jpg

fantastic picture Beppe. Looks like great view of Yatch Club from BC

Anybody know who the contractors for building the hotel are yet ?? If the same as Botanica, this 3rd tower could go up much quicker than people imagine. :)

you could well be correct :)

^^That would be a first!:lol:

The last one would do ?

Is this it?

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

Looks like they have fallen behind by 6 months in the space of .......er......6 months.:laugh:

that looks like a squashed west tower. or could it be just the picture

Its the picture...all of the buildings are squashed.

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

If you look at the Hotel Column,, the first set of the dates are true for the residential building schedule,,

Example SUPERSTRUCTURE (Completion of structual works) DEC 2010


So it would also be likely that the majority of works could be finished by AUG 2011, for the two ressy towers.

But these towers require a commen podium and will not get a completion certifiicte without it, expect the common podium (JUL 2012)..

With Completion Certificate relistically issued AUG/SEP 2012

http://www.skyscraperlist.com/showthread.php?359-BAY-CENTRAL-36F-36F-50F-Res-Hotel-155m-180m-155m/page3

As you can see in the photos here ^^, its a good 4-5 Months to finish the cladding..

Dewatering has been increased on the Hotel Plot, but restricted site access is going to be an issue..

Expect to start after the tower cranes are removed off the ressy buildings,, in about 4-5 months.


Assumption

DCE is for the 2 ressy buildings GCC are for the Hotel ?

They have to wait otherwise 2 main contractors onsite,,

thats going to lead to fights,, real fights..


Also as it is a shared podium,,

NO WAY Tecom will sign off the completion certificate until everything is done on the shared common podium, even if 2 towers are complete.

Unsquashed its the same as west tower, so wont look outa space with the rest of the project

http://i55.tinypic.com/2rqj75y.jpg