Look at how long it takes to get from where they are now to breaking ground on the Torch (same developer, same construction company, smaller plot). I reckon at it will take least 2008 (4 months left) and 2009 to break ground/do the podium.

It will take them at least 18 months to build the towers which takes you to mid 2011.

Optomisticaly 6-9 months to fit out takes you to 2012.

All the pretty charts in the world doesnt speed construction up i'm afraid.

Some better construction experts than me are still saying the Torch handover will be late 2011 and its nearly half built.

So BC may be even 2013, but i was being optomistic.

This is only my opinion, i am not a construction expert.

agree with high times here!! and this is assuming there will be no major accidents/unforeseen events (fire, collapses, etc...), otherwise, it could well go to mid 2013.

A hole in the ground till early 2010 .. I wont be surprised.
The construction progress would be what we regard as "acceptable" when all investors have paid around 90% of the purchase price for their units.

For a three tower development, we have only 1 crane and a dozen or so workers on site. 2013 is an optimistic estimate for completion.
BTW, i'm no construction expert.

looks like the only thing we have too look forward too is the compansation..

looks like the only thing we have too look forward too is the compansation..

beppe
compensation wont be very much.it wont even be equal to interest we could have earned with 90% deposit.
good side is that capital growth of properties on marina is excellent. so hang on:banana:

it wont be much but as were both on the short term plan it works out about 5k a year which is better than nothing..

it wont be much but as were both on the short term plan it works out about 5k a year which is better than nothing..

aed or £:cheers:

£5k 35k aed

If no major disaster happens (such as marina wall breach, etc) then late 2012 is right. Should take about as long as the torch to build. Yes the towers are shorter but there's a big podium and that always takes time to build. Just see marinascape, jbr, or any of the emaar marina projects.

£5k 35k aed

will pay for yearly holiday to dubai:banana:

Look at how long it takes to get from where they are now to breaking ground on the Torch (same developer, same construction company, smaller plot). I reckon at it will take least 2008 (4 months left) and 2009 to break ground/do the podium.

It will take them at least 18 months to build the towers which takes you to mid 2011.

Optomisticaly 6-9 months to fit out takes you to 2012.

All the pretty charts in the world doesnt speed construction up i'm afraid.

Some better construction experts than me are still saying the Torch handover will be late 2011 and its nearly half built.

So BC may be even 2013, but i was being optomistic.

This is only my opinion, i am not a construction expert.

Just to compare look at post 2206 THE TORCH thread 27/10/06 almost two years ago very similar progrees to BC now and there was a lot deeper hole to build up.
I know you cannot compare directly but i gives some insight into possible build times
I,m struggling wiyh my previous calcs. of jult 2011 now and agree with HT earliest handover early 2012
Time to sell I think if 2000 psf let it go

Just to compare look at post 2206 THE TORCH thread 27/10/06 almost two years ago very similar progrees to BC now and there was a lot deeper hole to build up.
I know you cannot compare directly but i gives some insight into possible build times
I,m struggling wiyh my previous calcs. of jult 2011 now and agree with HT earliest handover early 2012
Time to sell I think if 2000 psf let it go

yes if that is the estimated date of completion . i agree with you time to sell at 2000 psf.:bash:

Without wanting to upset the Bay Central neighbourhood watch scheme.

As i have said before, with much amusement to some, by the time this devlopment is complete the supply/demand scales will have tipped the wrong way from an investors point of view.

Which is why i said cashing in now whilst expectation is good may be worth considering as there are better oportunites to make money elsewhere, be it property in Dubai or indeed other asset classes.

Prices are good at Bay Central for many reasons, the main one being "Expectation". This will turn to dissapointment when people realise that the salesmans promise of a 2009 completion date was nothing more than a lie. SP are still saying Dec 09 completion to people looking to buy here !!

If i had purchased off plan, or near launch prices and i could get anywhere near AED 2K psf then i would grab it now if my goal was to make money that is cause your cash is gonna be in here for another 5 years for sure and who knows where the market will be then.

Also if you have counted on rental income to fund your payments from Dec 09(SP latest completion date) then you should factor in at least 3 year contingency funding plan.

If you have bought here to use your appartment yourself and will hold it for the long run 10 years + then i think you have bought an excellent 2nd home with good long term investment opportunies.

yes if that is the estimated date of completion . i agree with you time to sell at 2000 psf.:bash:

If you can get 2000psf

There has been some progress here but not sure if we should expect more since the last pics ?? IMO still a very inadequate amount of resources for a site so large.

Three weeks ago:

http://i38.tinypic.com/jts5f8.jpg

Today:

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

Sorry, forgot to say........many thanks for the pics Glover, you're a star.:)

you never know they mite put a bigger workforce on the site, and complete it sooner than 2011.. i hope!!

rem this is the flagship development, they might have different plans for this than the torch.. who knows!!

:cheer:

you never know they mite put a bigger workforce on the site, and complete it sooner than 2011.. i hope!!

rem this is the flagship development, they might have different plans for this than the torch.. who knows!!

:cheer:

Finally, someone who talks my language, we look forward to getting the keys in 2009 :banana:

Finally, someone who talks my language, we look forward to getting the keys in 2009 :banana:


My language too...We should ban all the scaremongers from this site. At worst i suspect 6 months late.

At worst I suspect 3 months late. :banana:

At worst I suspect 3 months late. :banana:

You really are having a laugh unfortunately , it just can't be handed before early 2011 most optimistically

^^ IF all started together...:cheers:

You really are having a laugh unfortunately , it just can't be handed before early 2011 most optimistically

Select have to finish three towers before hotel opens otherwise massive penalties. From SP website
News
Select Group Partners with Marriott International to Manage Renaissance Dubai Marina Hotel
Hotel with 300 rooms is part of mixed-use AED 1 billion Bay Central project at Dubai Marina
The Dubai-based Select GroupTM, one of the leading players in Dubai's realty sector today announced that Marriott International (NYSE:MAR) will manage its new Renaissance-branded hotel at Dubai Marina.

Scheduled to open in 2010, the Renaissance Dubai Marina Hotel will boast 300 rooms and be part of a 1 million square foot, mixed use development known as Bay Central – an AED 1 billion project, that also includes two residential towers and about 3,000-square meters of retail space.

Commenting on the hotel development at Dubai Marina, Mr. Rahail Aslam, Chairman, Select GroupTM said: "Dubai's recurrent position as one of the top three cities of the world for highest revenue per available room (revPAR) and the government's plans to drive up tourist numbers from six million in 2006 to 15 million by 2010 were some of the compelling factors which contributed towards the inclusion of a five star hotel in the Bay Central project. In line with the group's strategy of offering its stakeholders the most selective solutions with maximum return on investment and owing to Marriott International's excellence and experience in hotel management, they were our preferred choice for this venture."

The Renaissance Dubai Marina Hotel will feature an all-day casual restaurant, two specialty restaurants, lobby lounge and bar as well as a high energy entertainment bar with outdoor seating. For recreation, the hotel will offer an internationally branded, 14,000-square foot spa; a health club with sauna and steam rooms; and an outdoor swimming pool. With 16,800 square feet dedicated to flexible meeting space, some of the other amenities will include an executive lounge, a business center, 24-hour room service, in-room mini-bar, and high-speed internet access.

"We are delighted by this hotel," said Mr. Ed Fuller, President and Managing Director for international lodging at Marriott International. "As currently designed, the Renaissance Dubai Marina Hotel will be a perfect addition to our Renaissance brand portfolio that is gaining widespread recognition for the sophisticated, stylish, urbane and enjoyment-focused hotel experience it offers. We are confident the hotel will fit in very well with the lifestyle offered by the Dubai Marina development."

"Having an internationally acclaimed five star luxury hotel within the Bay Central Development has further increased the resale and rental appeal of the residential towers. The occupants of Bay Central residential towers will have access to a number of the hotel's services, including A la Carte Services offering housekeeping and grocery delivery, as well as a number of fully licensed bars and restaurants on their doorstep, making it a truly unique offering" added Mr. Aslam.

Select GroupTM has established its reputation as a leading developer in Dubai for high build quality and attention to detail. The total assets under development by the group exceed AED 2 billion mark and include the 1Torch' and `Point' towers, currently under construction in Dubai Marina.

Dubai Select LTD UK, is the sales arm of the group with exclusive world wide rights for sale of all of its developments. Select Glass Industries – an 88 million architectural glass product factory, is the group's first venture in the industrial sector and plans are underway to double production by end 2007. In addition the group also has extensive real estate investments in Eastern Europe and the Sub-Continent.

Looks like Rahail may have another residential tower in his hands to sell (which i,m sure is saleable) if the hotel walk away, because no way is this going to be ready for any part of 2010 !

Select GroupTM has established its reputation as a leading developer in Dubai for high build quality and attention to detail.

The credibility of this information is summed up by making this statement really.

I think someone forget to tell the marketing department that comes up with this bullshit that they havn't actualy finished anything yet therefore high build quality and attention to detail is nearly as ridiculous as SP's completion dates.

Anyway, hotel or no hotel, 2011 or 2013 i still think this development will be one of the best in the marina.

***

Select have to finish three towers before hotel opens otherwise massive penalties.

Rubbish, sorry. The Marriot group are only managing the hotel and do not own it. The hotel would be owned by SP and any contractal agreement with the Marriot group would simply read to manage the hotel on completion/delivery. Hence, no penalties what so ever. SP, in my opinion are simply using the Marriot brand name for marketing purposes.

[QUOTE=High Times;

Rubbish, sorry. The Marriot group are only managing the hotel and do not own it. The hotel would be owned by SP and any contractal agreement with the Marriot group would simply read to manage the hotel on completion/delivery. Hence, no penalties what so ever. SP, in my opinion are simply using the Marriot brand name for marketing purposes.

Very intelligent answer and reasoning...can you send me through a copy of the documents that you have that state that is how business is done? In my experience of this market, owner or not of building, there are massive penalties. To allow SP to use the "brand" they will clearly have signed contracts. SP versus Marriot and you think Marriot are not wise enough to include penalties...mmm...clever thinking. Belive me ~ there will be penalties as Marriot have a lot to lose as well as they are allowing there name to be used.
Any way, that aside...i have bought and sold apartments in Dubai for several years now and have made massive profits doing this. I have no reason to think that Bay Central will not surpass my previous experiences just on location and design alone. I sold in a developement recently that is no where near the type of resort this is for AED1900/sq.ft. [fact]
I bought my apartment in BC purely for family personal use because i think it ticks all the boxes. Can't wait to get the keys - even if it is late...what a developement!

Very intelligent answer and reasoning...can you send me through a copy of the documents that you have that state that is how business is done? In my experience of this market, owner or not of building, there are massive penalties. To allow SP to use the "brand" they will clearly have signed contracts. SP versus Marriot and you think Marriot are not wise enough to include penalties...mmm...clever thinking. Belive me ~ there will be penalties as Marriot have a lot to lose as well as they are allowing there name to be used.
Any way, that aside...i have bought and sold apartments in Dubai for several years now and have made massive profits doing this. I have no reason to think that Bay Central will not surpass my previous experiences just on location and design alone. I sold in a developement recently that is no where near the type of resort this is for AED1900/sq.ft. [fact]
I bought my apartment in BC purely for family personal use because i think it ticks all the boxes. Can't wait to get the keys - even if it is late...what a developement!

Interesting comments Maktol. I agree there is no way SP would be allowed to use the Marriott name without them being properly signed up here. You're certainly correct about the capital appreciation.

:omg: SP are adverstising one beds in BC starting from £338,768 that's AED 2.3m. :banana:

http://www.selectproperty.com/invest/dubai/investment-property/bay-central/apartments/

Interesting comments Maktol. I agree there is no way SP would be allowed to use the Marriott name without them being properly signed up here. You're certainly correct about the capital appreciation.

:omg: SP are adverstising one beds in BC starting from £338,768 that's AED 2.3m. :banana:

http://www.selectproperty.com/invest/dubai/investment-property/bay-central/apartments/

SP are selling these as resale. I wanted to sell one of mine thru them but SP want an exclusive contract for 3 months. which means you cant put up your apartment for sale with any other agent. I dont see how they can ask2.3 m starting when i was told reasonable price for a qick sale would be around 1900 aed/sq ft. Of course SP have the power to offer people the long term payment plan.If you are selling thru a different agent. SP will not convert a standard paymet plan to LTPP. I lost sale as a result. SP are happy to convert the LTPP to standard plan to prospective buyer for a sale thru a diffeent agent .:nuts:

SP are selling these as resale. I wanted to sell one of mine thru them but SP want an exclusive contract for 3 months. which means you cant put up your apartment for sale with any other agent. I dont see how they can ask2.3 m starting when i was told reasonable price for a qick sale would be around 1900 aed/sq ft. Of course SP have the power to offer people the long term payment plan.If you are selling thru a different agent. SP will not convert a standard paymet plan to LTPP. I lost sale as a result. SP are happy to convert the LTPP to standard plan to prospective buyer for a sale thru a diffeent agent .:nuts:

I find SP's marketing technique for these units quite strange. The price you are talking about is for 15 yr pp. This reflects total paid over duration. If you wanted to buy this at standard price it would be significantly less. They should advertise at "real" price and if someone wants to take the lpp they should quote them the price plus "interest". Doing it the way they do it makes for a harder sell as it over inflates the price. With that in mind if you work there sq.ft. price for the advertised one bed back to "real" price it is around 1900/2000 / sq. ft.
Regarding converting to standard price -anyone on lpp can do that at anytime by using the table they provide at point of sale.

I find SP's marketing technique for these units quite strange. The price you are talking about is for 15 yr pp. This reflects total paid over duration. If you wanted to buy this at standard price it would be significantly less. They should advertise at "real" price and if someone wants to take the lpp they should quote them the price plus "interest". Doing it the way they do it makes for a harder sell as it over inflates the price. With that in mind if you work there sq.ft. price for the advertised one bed back to "real" price it is around 1900/2000 / sq. ft.
Regarding converting to standard price -anyone on lpp can do that at anytime by using the table they provide at point of sale.

i agree but if you are trying to sell your unit in BC which is on standard plan via another agent. SP will not convert it to LPP.
:nuts:

So where SP are advertising the one beds from £338k is this the price on the long term payment plan with the price on the standard plan therefore being around £240k ??

If so, seems odd to advertise the higher LTPP price. It's like me advertising my house which is worth say £100k with a price of £140k to include the interest payable for the next 15 years. Surely if you were marketing a property you wouldn't include all the interest within the price.

My guess is that the price of £338k is on the standard payment plan. This equates roughly to around AED 3,000 per sq ft. When compared to West Avenue at around 2,300 sq ft is about right, BC being a front line Marina development with Hotel on site and construction already under way.

Not sure how many SP will move at this price but it's certainly good news for existing investors that they're asking this much. Of course the long term payment plan is a major attraction. Fantastic capital appreciation if they can move them at this level.

^^ Morris, Perhaps you should buy all the Bay Central 1 beds advertised in gulf news for 1.4m and sell them through select for 2.3m.

^^ Morris, Perhaps you should buy all the Bay Central 1 beds advertised in gulf news for 1.4m and sell them through select for 2.3m.

:lol:

Hey Glover and Morrismarina, when you go to the Bay Central the next time would you please make some pics of the Quays, too? That would be great. Thanks in advance.

So where SP are advertising the one beds from £338k is this the price on the long term payment plan with the price on the standard plan therefore being around £240k ??

If so, seems odd to advertise the higher LTPP price. It's like me advertising my house which is worth say £100k with a price of £140k to include the interest payable for the next 15 years. Surely if you were marketing a property you wouldn't include all the interest within the price.

My guess is that the price of £338k is on the standard payment plan. This equates roughly to around AED 3,000 per sq ft. When compared to West Avenue at around 2,300 sq ft is about right, BC being a front line Marina development with Hotel on site and construction already under way.

Not sure how many SP will move at this price but it's certainly good news for existing investors that they're asking this much. Of course the long term payment plan is a major attraction. Fantastic capital appreciation if they can move them at this level.

i've asked it's LPP and also 977 sq.ft. which equates to 2500 dhs / sq.ft. on lpp about 2000 on spp.

i've asked it's LPP and also 977 sq.ft. which equates to 2500 dhs / sq.ft. on lpp about 2000 on spp.

maktol
at that 2000/sf on spp it sounds reasonable .
:bash:

Maybe we should use this thread to discuss Torch prices too. Seems to go un-noticed here :)

Maybe we should use this thread to discuss Torch prices too. Seems to go un-noticed here :)
Not the only thread either !

Maybe we should use this thread to discuss Torch prices too. Seems to go un-noticed here :)


:lol::hilarious:lol:

Yeah right. :lol:

Without wanting to upset the Bay Central neighbourhood watch scheme.

As i have said before, with much amusement to some, by the time this devlopment is complete the supply/demand scales will have tipped the wrong way from an investors point of view.

Which is why i said cashing in now whilst expectation is good may be worth considering as there are better oportunites to make money elsewhere, be it property in Dubai or indeed other asset classes.

Prices are good at Bay Central for many reasons, the main one being "Expectation". This will turn to dissapointment when people realise that the salesmans promise of a 2009 completion date was nothing more than a lie. SP are still saying Dec 09 completion to people looking to buy here !!

If i had purchased off plan, or near launch prices and i could get anywhere near AED 2K psf then i would grab it now if my goal was to make money that is cause your cash is gonna be in here for another 5 years for sure and who knows where the market will be then.

Also if you have counted on rental income to fund your payments from Dec 09(SP latest completion date) then you should factor in at least 3 year contingency funding plan.

If you have bought here to use your appartment yourself and will hold it for the long run 10 years + then i think you have bought an excellent 2nd home with good long term investment opportunies.

i had bought mine as an investment. I do have to agree with High Times on this regarding the delay. So after a long thought and sleepless nights I have put mine up for sale. :nuts:

i had bought mine as an investment. I do have to agree with High Times on this regarding the delay. So after a long thought and sleepless nights I have put mine up for sale. :nuts:

Can someone enlighten me and show me the factual information all your info is based on. Clearly i am missing something here. Hightimes :stupid:takes a wild guess/offers there opinion about timing and dxbgo is...well...doing from dxb/selling there apartments.
Any one that takes hightimes advice and wants to sell please contact me first and give me first refusal. Crazy people!:bash:
p.s. How many do you have High Times and when you selling???:soon:

Can someone enlighten me and show me the factual information all your info is based on. Clearly i am missing something here. Hightimes :stupid:takes a wild guess/offers there opinion about timing and dxbgo is...well...doing from dxb/selling there apartments.
Any one that takes hightimes advice and wants to sell please contact me first and give me first refusal. Crazy people!:bash:
p.s. How many do you have High Times and when you selling???:soon:

Yes MAKTOL, you are clearly missing something, intelligence I think.

It's all very well impying that I am the stupid one. If you actualy read my posts on page 88,89 all of your questions are answered.

i had bought mine as an investment. I do have to agree with High Times on this regarding the delay. So after a long thought and sleepless nights I have put mine up for sale. :nuts:

So will you not have any properties in BC anymore?

Shame that we will probably not have that beer...

Good luck with whatever you decide to do.:cheers:

Yes MAKTOL, you are clearly missing something, intelligence I think.

It's all very well impying that I am the stupid one. If you actualy read my posts on page 88,89 all of your questions are answered.

Sorry Hightimes - i read your posts but didn't realise your opinion was FACT. How silly of me.
Seriously though other than your opinion can you produce facts please. It doesn't affect me as i bought to use as a second home but i find your continued speculation fascinating. Given that others are now acting on it and selling i guess you are some sort of expert/Guru?

Yes MAKTOL, you are clearly missing something, intelligence I think.

It's all very well impying that I am the stupid one. If you actualy read my posts on page 88,89 all of your questions are answered.

:nuts:

So will you not have any properties in BC anymore?

Shame that we will probably not have that beer...

Good luck with whatever you decide to do.:cheers:

Will be across from you on the marina. dont worry will definitely have a beer with you.May still keep one on BC.will pm you:cheers:

Sorry Hightimes - i read your posts but didn't realise your opinion was FACT. How silly of me.
Seriously though other than your opinion can you produce facts please. It doesn't affect me as i bought to use as a second home but i find your continued speculation fascinating. Given that others are now acting on it and selling i guess you are some sort of expert/Guru?

Maktol / Hightimes

One thing that is fact in DUBAI is that EVERYONE had a different OPINION and quite honestly sometimes ALL opinions can be right and profitable

If someone wants to sell based on HT's opinion that is his perogative.

I was told NOT to sell in OLDTOWN 18 months ago but sold (bad decision based on MY OPINON now ! )

Life is full of OPINIONS & DECISIONS

One upside of Dubai though is has been difficult to make bad DECISIONS up to know

My current opinon is hang on to BC until the end unless its 2000 psf pretty soon , but there again where do you put your money after because it is going to be difficult to find something else to put your money into to get same returns

One FACT is that BC is going to rival Al Fattan "iconically" and on balance perhaps should be kept if finances allow, if you are on LTPP it is a no brainer to keep

^^ At the moment, SP are not going to rival anyone.

TB is back. :banana:

Let the games begin :lol:

^^ At the moment, SP are not going to rival anyone.

Bit like Rangers LOL ! (Sorry TB no offence )

Bit like Rangers LOL ! (Sorry TB no offence )

Non taken, but I will take your money on that one :).

Should be top but for a couple of ref blunders, both of which favoured whatstheirnames.

Non taken, but I will take your money on that one :).

Should be top but for a couple of ref blunders, both of which favoured whatstheirnames.

Six pointer tommorrow !!

Always a good game.

What is YHO on construction/completion for BC now I value your thoughts even if you hate SP !

I have already noted your quite acurate Dorrabay predictions from a year ago also

Hey TB - please let me have your BC guess so I can add it this:

http://i38.tinypic.com/280ec3.jpg

^^Should we add a date for when the hotel chain is no longer interested and the tower on sale?

My guess would be 31/03/2009 :cheers:

:lol: You beat me to it

^^Should we add a date for when the hotel chain is no longer interested and the tower on sale?

My guess would be 31/03/2009 :cheers:

Yeah why not? I will also include the date when DCE walk away from the torch site and SP get a new contractor...:lol:

Bit like Rangers LOL ! (Sorry TB no offence )

Eeerrrrmmm!! Good result on Sunday, and at fortress Parkhead. :lol:

I think I have already mentioned that to have a completion date you must first have a start date. It will be a more worthwhile estimate when I can see the raft preparation and pour taking place.

^^Can you explain what you mean? Hasn't construction started? Or doesn't piling count?

Forgive my ignorance on this true blue - I have no real personal experience on what actually happens on construction sites. Could be so kind and give a quick Skyscraper construction 101?

From my chart I have guessed that the start date you refer to might happen to be in Feb 2009 - but as I say I am guessing by comparing with other devs in the marina.

next payment coming up in december rate droped..

1GBP = 6.6 AED

next payment coming up in december rate droped..

1GBP = 6.6 AED

big question is to buy aed now or hopefully wait for £ to get stronger. reading at economic forecasts chances are £ will continue on downward slide for next 12 months.Any thoughts:bash:

Yeah. Mainly happy ones. :)

mite have suffer on this payment.. looks like its not gonna get better even for your last payment in july... ill be glad once its all paid..

Payments would get more expensive as the UK pound loses ground against the US dollar. Terrible at £1 = 6.6AED. This would hit those not familar with the effects of currency fluctuations.

Happy thoughts for those who plan to sell their apartment in the near future, and subsequently transfer the funds/profits to the UK.

Payments would get more expensive as the UK pound loses ground against the US dollar. Terrible at £1 = 6.6AED. This would hit those not familar with the effects of currency fluctuations.

Happy thoughts for those who plan to sell their apartment in the near future, and subsequently transfer the funds/profits to the UK.

transfer any money back to the UK and your be taxed..

Eeerrrrmmm!! Good result on Sunday, and at fortress Parkhead. :lol:

Wise choice not to take your bet !! Well played

big question is to buy aed now or hopefully wait for £ to get stronger. reading at economic forecasts chances are £ will continue on downward slide for next 12 months.Any thoughts:bash:

£ will be worth 6 aed by xmas, change now if I were you, interest rate cut in UK this month I think

USA rate cuts helped them to start to recover , UK will follow suit with 1/2 % cut and £ currency will dive accordingly

Just my opinion of course and nothing to do with construction at BC (SORRY MODS)

£ will be worth 6 aed by xmas, change now if I were you, interest rate cut in UK this month I think

USA rate cuts helped them to start to recover , UK will follow suit with 1/2 % cut and £ currency will dive accordingly

Just my opinion of course and nothing to do with construction at BC (SORRY MODS)
should the £ not recover following 1/2% interest rate cut.I am not sure BOE is planning to cut rates as yet. they will wait till chancellor declres we are in recession:bash:

^^ BOE will do nothing. If they do cut it will be for only 25bps. £ will go down not up - the days of £1=7.4AED are over - can't see them coming back for at least 1 year...
The UK news is getting worse if anything - can't see any good news stories and that Darling didn't help with his parting gift to Gorgon Clown.

Just my opinion of course! Do your own DD!

^^ BOE will do nothing. If they do cut it will be for only 25bps. £ will go down not up - the days of £1=7.4AED are over - can't see them coming back for at least 1 year...
The UK news is getting worse if anything - can't see any good news stories and that Darling didn't help with his parting gift to Gorgon Clown.

Just my opinion of course! Do your own DD!

agree. chances of any good news are nil from these two. we are heading towards a reccession for at least next 2 years.:ohno:

agree. chances of any good news are nil from these two. we are heading towards a reccession for at least next 2 years.:ohno:

not very happy i bought now for my december payment i got 1gbp => 6.5 aed

not very happy i bought now for my december payment i got 1gbp => 6.5 aed

i may do the same beppe. i think it is a sensible thing to do:)

not very happy i bought now for my december payment i got 1gbp => 6.5 aed
GOOD DEAL IT WILL BE MUCH LESS THAN 6 AED PER £ THE WAY THE £ SLIPPED YESTERDAY

I know not anything to do with BC - but it affects a lot of us on here!

http://newsimg.bbc.co.uk/media/images/44979000/gif/_44979280_poundvsdollar_226.gif

Full story here:

http://news.bbc.co.uk/1/hi/business/7593456.stm

https://www.myselectproperty.com/images/ConstructionUpdates/large/bc0801.jpg

https://www.myselectproperty.com/images/ConstructionUpdates/large/bc0802.jpg

https://www.myselectproperty.com/images/ConstructionUpdates/large/bc0804.jpg

https://www.myselectproperty.com/images/ConstructionUpdates/large/bc0805.jpg

https://www.myselectproperty.com/images/ConstructionUpdates/large/bc0806.jpg

https://www.myselectproperty.com/images/ConstructionUpdates/large/bc0807.jpg

https://www.myselectproperty.com/images/ConstructionUpdates/large/bc0808.jpg

nice pics beppe. are these from SP website. anyone with construction knowledge .does this show good progress from last pics sent by glover

^^ Slow but steady progress. They are excavating the soil between the piles and cutting of the heads of the piles. Looking at the fifth picture I assume waterproofing for the first tower will start in a few weeks.

thanks tag one for the update. glover some decent pics please

^^ Slow but steady progress. They are excavating the soil between the piles and cutting of the heads of the piles. Looking at the fifth picture I assume waterproofing for the first tower will start in a few weeks.

Thanks tag - any chance you could give an overview of how to build a BC skyscraper? Just for my personal knowledge as these things fascinate me!!:cheers:

Thanks tag - any chance you could give an overview of how to build a BC skyscraper? Just for my personal knowledge as these things fascinate me!!:cheers:

hi fwiw- why dont you build one will be quicker than BC i think.:cheers:

Hi
took photos today. how do i post them on this site?

Hi
took photos today. how do i post them on this site?

Nice one Maktol!

Just use tinypic.com - very easy to use.

http://www.tinypic.com/view.php?pic=4zvuop&s=4

http://tinypic.com/view.php?pic=k70v7&s=4

Trying to post photos of Bay Central and surrounding area. Will manage soon.
Very surprised at the amount of workers and activity on site. I thought it would be a ghost town given some of the commentary on this site but was amazed to see hundreds of people working flat out.

Surrounding area - i.e. The Walk at Jumeirah is just....well...amazing. I think everything is starting to take shape the way the scene was "sold" some years ago. I love it and will remain positve until i see for myself any negative aspects. Cant' wait!!!

for a change its good to hear that theres good progress going on...

maybe select have got there act together..

learnt from there mistakes with the torch..

Hi Maktol
Your problem postings the pics is that you are copy and pasting into SSC the wrong address from tinypic. You're using the section which is for e-mail, you should use the one above it which states it is for message boards. Hope this helps.

I've found the pics you are trying to post - have you any of BC ??

http://i35.tinypic.com/k70v7.jpg

http://i33.tinypic.com/4zvuop.jpg

I've found the pics you are trying to post - have you any of BC ??

yes
I am in Dubai for a few days so any requests for photos let me know and i'll try to get them.

http://i38.tinypic.com/2yy3155.jpg

midday

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

the walk

http://i34.tinypic.com/funr52.jpg

The Marina Mall and beyond

http://i33.tinypic.com/30tqtrb.jpg

Yacht Bay will be great view for all those who are above floor 14 ish. This clears the two towers from Marina Promenade.

http://i33.tinypic.com/2bek90.jpg

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

And the Mall view acroos the water promise to be good for the lower floors in both towers

http://i36.tinypic.com/swvfx5.jpg

Gratuity shot- whats not to like???

http://i36.tinypic.com/20sszva.jpg

thanks maktol excellent pics.looks like positive progress on bc .

you need too be above floor 15 at least to look over both marina quays smaller towers too see the Yacht Bay..

Amazing pics Maktol..........many thanks. :applause:

MAKTOL

^^

:applause::applause::applause::applause::applause::applause::applause:

I will send you a pm!

[QUOTE=FWIW;24990234]MAKTOL

^^

:applause::applause::applause::applause::applause::applause::applause:

Panorama of site from oasis as advised - taken at 6pm on Saturday 6/9
Also i like to include a few shots of surrounding area so we can see the big picture for those of us that will use their apartment.
Below is a couple of pictures or restaurants and cafes on our doorstep. Walk in 2 minutes after a few beers its that close

http://i38.tinypic.com/123qxyc.jpg

west tower

http://i33.tinypic.com/k2coj7.jpg

TAKEN ON SITE

http://i38.tinypic.com/2w34xh4.jpg

A BITE TO EAT

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

Great pixs.. we can see some piling caps been broken for the central tower

Great pixs.. we can see some piling caps been broken for the central tower

http://i34.tinypic.com/2qvcox1.jpg

All previous photos taken from height were from 24th floor of Oasis Beach Tower at around 6pm on Saturday the 6th of Sept.

http://i37.tinypic.com/2u4lxd2.jpg

Based upon Maktols last photo, residents of the higher floors of the west tower will definitely have a great view down towards the yacht club.

Also it does not appear that much has been done at all for the hotel tower???

Oh and thanks for the photos Maktol - much appreciated.

how far out is the 12 story marina quays gonna stick out.. as it will restrict BC yatch facing apartment views??

even from the central tower apartments facing the yatch club, 01 and 10 apartment may have to be quite high to look over the marina quays to see into the yatch club...

Maktol - Thanks very much - your update and optimism has made me very happy! I am even hopeful that SP can finish roughly around when they say they can! I do think that have learnt a lot from The Torch and The Point. The next few months will be critical!

Great - thanks for the photos. Please keep the updates coming.

how far out is the 12 story marina quays gonna stick out.. as it will restrict BC yatch facing apartment views??

even from the central tower apartments facing the yatch club, 01 and 10 apartment may have to be quite high to look over the marina quays to see into the yatch club...

Photo with yacht bay behind me and marina quays in front

http://i38.tinypic.com/107mayu.jpg

Looking down Marina from top bridge

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

http://i38.tinypic.com/9zoni9.jpg


http://i37.tinypic.com/28a2pn8.jpg

Wait till the climate gets better; this place will be PACKED!

Wait till the climate gets better; this place will be PACKED!


I agree and think it will be great. Right now very humid but getting better by the day. There is also a walk way the full legth of jbr Plaza level full of shops etc too.
When i started coming to Dubai there was nowhere to go a walk...now you can for hours and there are so mant things to do and places to go.

Yup, at night time the JBR walk sees already some people, flandering down the road, quite nice!

Wonderful photographs Maktol - really brings progress to life. Thanks a lot!

fanatastic update MAKTOL :)

thanks alot

finally some good progress :banana:






....

I agree and think it will be great. Right now very humid but getting better by the day. There is also a walk way the full legth of jbr Plaza level full of shops etc too.
When i started coming to Dubai there was nowhere to go a walk...now you can for hours and there are so mant things to do and places to go.

hi maktol did you try any resturants in the JBR walks.let us know i am going to dubai 3 weeks. also if possible could you post some pics taken of marina at night .once again thanks for great pics.enjoy yourstay in dubai
dxbgo:cheers:

^^^^ mostly they are overpriced fast food junk in different incarnations!! sad, because DP management could have done a much better job in the selection of resturants.

^^^^ mostly they are overpriced fast food junk in different incarnations!! sad, because DP management could have done a much better job in the selection of resturants.


I disgree and have tried several of the outlets. Given that it is a "walk" and the premise is that of on open and friendly family environment it is great. I would describe it as "cafe culture". The f & b outlets are great there are many to chose from and they are very very cheap but with great food. There are no fine cuisine places here but i wouldn't expect that from a walk. I have literaaly come from a Thai restaurant where i got a beautifull main course for aed 36. I think thats great. I seem to always disagree with the "core" crew of this forum who are intent on downing SP, DP and Dubai in general. Why are they bothering with it, if thats the case? I have been coming here for 28 yrs and love it more now than ever.
In Summary - great family environment with food and prices to match.

^^^ sorry man, but "cafe culture" is something i would call beach walks in south of France, not this "Junk Walk" (only referring to the restaurants, the walk itself is lovely)!! there, you see authentic food with lots of character and different price range, mostly mom & pop restaurants; while in "Junk Walk", it's all chain f & b outlets, pizza this, pizza that, Mexican this, Mexican that, all owned by big corporations. and what pisses me off the most is that you are in the middle east and there is no single place that serves outdoor shawarmas, or any shawrmas for that matter as far as i know.

There is a kebab shop on the back of JBR next to the fish and chip shop if that is the sort of food you like.

lower floors def wont get yatch club views.. dont know how high your have too be too look over marina quays

http://i36.tinypic.com/288xv0x.jpg

http://i36.tinypic.com/288xv0x.jpg

hello Maktol thank you for the pictures....thank you to Glover as well for regular updates....

you guys are great...

just wanted to ask Maktol or Glover... have you actualy seen hundred workers at BC site????
because in any of pictures posted in this forum, i never seen much of the workers....

:)

^^^ sorry man, but "cafe culture" is something i would call beach walks in south of France, not this "Junk Walk" (only referring to the restaurants, the walk itself is lovely)!! there, you see authentic food with lots of character and different price range, mostly mom & pop restaurants; while in "Junk Walk", it's all chain f & b outlets, pizza this, pizza that, Mexican this, Mexican that, all owned by big corporations. and what pisses me off the most is that you are in the middle east and there is no single place that serves outdoor shawrmas, or any shawrmas for that matter as far as i know.

Get real or go. You continually down everything! Why are you still here? BB. Go To South of France...What a plonker for even participating in this forum when you have such a dislike for it and Dubai. I'll buy everything you have at cost plus 10%...then you can enjoy SOF. Good return?!!

hello Maktol thank you for the pictures....thank you to Glover as well for regular updates....

you guys are great...

just wanted to ask Maktol or Glover... have you actualy seen hundred workers at BC site????
because in any of pictures posted in this forum, i never seen much of the workers....

:)

Yes i have on Weekday. But maybe someone negative might contradict me because they think their opinion is important. The firts day i visited i was gobsmacked by the amount of workers...I was well pleased!!!!

Yes i have on Weekday. But maybe someone negative might contradict me because they think their opinion is important. The firts day i visited i was gobsmacked by the amount of workers...I was well pleased!!!!

thanks Maktol....will wait for new pics...enjoy ur stay in Dubai..

hey, if you are a lover of junk food and it's culture, you really don't have to bash people who disagree with you!!! i been living in the marina for 2 years now, and a native speaker of arabic (which i suspect you are not) and from the Gulf here, so plz no lectures about dubai and it's goods and bads from someone who comes to dubai few weeks a year . it's people like you who end making dubai a trashy place.

is it because you don't have fast food junk where you come from you feel so strongly about this!!!

and no, i never seen hundred of workers on BC site. i would say the most i seen there is less than a hundred. and i can see the site from my living room everyday.

Get real or go. You continually down everything! Why are you still here? BB. Go To South of France...What a plonker for even participating in this forum when you have such a dislike for it and Dubai. I'll buy everything you have at cost plus 10%...then you can enjoy SOF. Good return?!!

^^ Come on guys - can we please get along and just enjoy Maktol's very impressive updates? I am still soaking up those pictures!

Remember the Walk is a commercial venture and needs to make money - some of the small business owners are under a lot of pressure and taking big risks with the walk. I wish all of them the best of luck.

Regarding the actual number of construction workers - can you see how many people are in the site buildings at BC? Does it really matter if their is 50 or 100 workers on any given day?

The main point is that if SP were a bit clearer and honest in their dialogue with us here then these trivial matters would not come up so often.

hi maktol did you try any resturants in the JBR walks.let us know i am going to dubai 3 weeks. also if possible could you post some pics taken of marina at night .once again thanks for great pics.enjoy yourstay in dubai
dxbgo:cheers:

Marco Pierre White restuarant 2 mins from BC entrance

http://i38.tinypic.com/ru5qut.jpg

http://i34.tinypic.com/23svuxw.jpg

http://i35.tinypic.com/2qnskf6.jpg

simply put, DP could have put all the junk food outlets on the plaza level instead of the ground level. these should have been left for more authentic food and dining places. ground level is prime property and any food & beverage outlet, with the right menu and prices, can easily succeed.

right now, like it or not, the majority of food outlets on the ground level are fast food junk places.

maktol
yes i have been to that one once for lunch and once for dinner.fantastic food there. thanks for the pics again

simply put, DP could have put all the junk food outlets on the plaza level instead of the ground level. these should have been left for more authentic food and dining places. ground level is prime property and any food & beverage outlet, with the right menu and prices, can easily succeed.

right now, like it or not, the majority of food outlets on the ground level are fast food junk places.

ok...

simply put, DP could have put all the junk food outlets on the plaza level instead of the ground level. these should have been left for more authentic food and dining places. ground level is prime property and any food & beverage outlet, with the right menu and prices, can easily succeed.

right now, like it or not, the majority of food outlets on the ground level are fast food junk places.

Don't worry, hearing you and other Dubai residents there is a big demand for more luxurious restaurants. And where there is demand, there is market...
I'm sure it won't be long before the first quality restaurants will settle in the Dubai Marina. Maybe some of the junk food places will be bought out by the new restaurants :)

If im not mistaken...the point of the Gourmet Tower is to provide Marina/JBR residents with fine dining, while JBR "the walk" is supposed to be a nice spot with junk food on the shoreline...

If im not mistaken...the point of the Gourmet Tower is to provide Marina/JBR residents with fine dining, while JBR "the walk" is supposed to be a nice spot with junk food on the shoreline...

I agree. I don't know why anyone would expect Gourmet on a beach walk. The cafes they have here are exactly what is required.

One thing i am sure you will agree with me on Glover is there is no shortage of fine dining restaurants in Dubai. I think the choice is fantastic. Even if you look at the amount of great restaurants in the hotels [7 where i am] on the beach there is a vast choice.

Also what restaurants will the Rennaisance have? I also like some of the Marina Walk places although i like a glass of wine with my dinner and they can't sell it here. Maybe in time!

There will be plenty of every type for every occasion. That is for sure.

i am really puzzled here! when did i say they should have been fine dining places in the Walk in place of the junk outlets. what i remember saying is authentic and dining outlets. you guys make it sound as if you only have a choice between either fine dining or fast/junk food.

there are so many nice small restaurants, representing food from all over the world, not chains, but restaurants and cafes run by their own owners or small companies, their food is great and authentic and each place has it's own character, everywhere in Dubai.. why not the Walk!!! why does it have to be international fast food places mostly with bland menus!

one example i have in mind is an Italian restaurant run by the owner in al-Barsha. i only order delivery, but their food is just great and truly authentic, with reasonable prices.

why not places like that in the Walk and the marina in general!!!

^^ Because these people can't afford the lease rates in The Walk, as simple as that. And going bust in this country means packing up and leave.

and this is where good management comes! DP should have been more thoughtful and flexible about what kind of resturants will occupy the Walk, not just pack it with chain outlets and walk away. of course rental income must be a major factor, but not The factor! the Walk is really unique in Dubai and resturants there should have reflected that!

i am really puzzled here! when did i say they should have been fine dining places in the Walk in place of the junk outlets. what i remember saying is authentic and dining outlets. you guys make it sound as if you only have a choice between either fine dining or fast/junk food.

there are so many nice small restaurants, representing food from all over the world, not chains, but restaurants and cafes run by their own owners or small companies, their food is great and authentic and each place has it's own character, everywhere in Dubai.. why not the Walk!!! why does it have to be international fast food places mostly with bland menus!

one example i have in mind is an Italian restaurant run by the owner in al-Barsha. i only order delivery, but their food is just great and truly authentic, with reasonable prices.

why not places like that in the Walk and the marina in general!!!

hi glover give me some addresses will try these places on my next visit.italian indian chinese.
dxbgo

simply put, DP could have put all the junk food outlets on the plaza level instead of the ground level. these should have been left for more authentic food and dining places. ground level is prime property and any food & beverage outlet, with the right menu and prices, can easily succeed.

right now, like it or not, the majority of food outlets on the ground level are fast food junk places.
Hey, Glover!
I think it's not up to DP to decide who will rent or byu those outlets. The restaurants owners themselfs choosing premises.

One example i have in mind is an Italian restaurant run by the owner in al-Barsha. i only order delivery, but their food is just great and truly authentic, with reasonable prices.

why not places like that in the Walk and the marina in general!!!
BTW, Glover, have you been in the pizzeria nex to Marina Terrace? Pizza there is very delisious & not expensive. Wood-baked. Wood & ingridients are from Italy. Ready in 3 minutes in front of you. :)

Oh, and home delivery only adds to the burden indipendent restaurants owners have to endure, not to mention that food would taste like sh*t once put on those aluminium containers or oven bags.

there you go, i thought emaar did a much better job with food & beverage outlets in the marina than DP in the Walk. the south food strip (phase 1) have only one or two chain places but ok ones, the rest are good restaurants with reasonable prices. the few places in Majarah are also good (my favorite is bert's).

you do have options and it was up to DP management to choose! they screwed up big time imo.

BTW, Glover, have you been in the pizzeria nex to Marina Terrace? Pizza there is very delisious & not expensive. Wood-baked. Wood & ingridients are from Italy. Ready in 3 minutes in front of you. :)

What is the general consensus of opinion in relation to how best to a cook a leg of lamb and roast potatoes.

Is it better to sear the joint first and then slow roast it, or is it better to pierce it with several holes and fill with rosemary and thyme before basting in a 30/70 mixture of non salted butter and extra virgin olive oil.

Also is it better to heat the oil before putting roast potatoes in the oven, or put the potatoes and oil into the oven at the same time so that the potatoes absorb some of the oil.

Looking forward to hearing your views.

All of the above HT, but remember that a long roasting period is better, on a low oven temperature to allow the meat to be cooked through, but giving you the consumer that lovely tender "fall off the bone" tenderness that makes a "lovely meal" a "super meal".:lol:

What is the general consensus of opinion in relation to how best to a cook a leg of lamb and roast potatoes.

Is it better to sear the joint first and then slow roast it, or is it better to pierce it with several holes and fill with rosemary and thyme before basting in a 30/70 mixture of non salted butter and extra virgin olive oil.

Also is it better to heat the oil before putting roast potatoes in the oven, or put the potatoes and oil into the oven at the same time so that the potatoes absorb some of the oil.

Looking forward to hearing your views.

Very good questions - let's take them over to The Torch thread. Everyone knows cooking on a flame adds to the flavour! :banana:

:lol: I did not know that the Sky Majlis thread moved from the Torch to the Bay Central thread. I must pay more attention.

ps. Any news if Hooters will be in The Walk and did anyone get sucked into a black hole today?

What is the general consensus of opinion in relation to how best to a cook a leg of lamb and roast potatoes.

Is it better to sear the joint first and then slow roast it, or is it better to pierce it with several holes and fill with rosemary and thyme before basting in a 30/70 mixture of non salted butter and extra virgin olive oil.

Also is it better to heat the oil before putting roast potatoes in the oven, or put the potatoes and oil into the oven at the same time so that the potatoes absorb some of the oil.

Looking forward to hearing your views.
ROFLOL :lol::lol::lol::lol:
Any way --- just to finish the discussion the best "plaice" to eat is at the new fish and chip shop JBR walk -- period !

:lol: I did not know that the Sky Majlis thread moved from the Torch to the Bay Central thread. I must pay more attention.

ps. Any news if Hooters will be in The Walk and did anyone get sucked into a black hole today?

Hooters?

Yeah that will bring the classy clientele into the Walk!

I think I prefer junk food outlets as discussed above alot better than the good ol Hooters! :lol:

http://i35.tinypic.com/2wbvrrm.jpg

http://i38.tinypic.com/29oihpl.jpg

http://i35.tinypic.com/mvg5s3.jpg

Other then the security man, there was no workers here.

Nice portacabins.

Those are the foundation contractors portacabins. Thought they would be finished and off site by now:dunno:

Hooters?

Yeah that will bring the classy clientele into the Walk!

I think I prefer junk food outlets as discussed above alot better than the good ol Hooters! :lol:

It's a ritual when I'm in Miami to go down to Hooters with my brother for the 5pm staff changeover.:D

For some reason the beer tastes better at that time, haven't worked out why yet. Guess I'll just have to keep doing it until I solve it.

http://i35.tinypic.com/e6ojrr.jpg

naturalistic shots jeetha no need for updating a camera :D as long it's ground work stage !

From Atlantic thread 13th Sep 2008 - shows BC...

http://i36.tinypic.com/2el8jmo.jpg

^^^^ how long till BC is at the stage of the Atlantic in the pic above? end of the year?

^^

Which year ?

^^^^ how long till BC is at the stage of the Atlantic in the pic above? end of the year?

I hope(guess) by March 2009.

True Blue or other construction guru's should know better though!

^^^^ how long till BC is at the stage of the Atlantic in the pic above? end of the year?

No way, somewhere third or fourth quarter next year. They haven't even finished excavating all the piles and waterproofing is still in its most early stage.

i hope they fully excavate and water proof by the end of 2008 :bash:

i hope they fully excavate and water proof by the end of 2008 :bash:

If they want to meet their own published completion date then I agree this is what needs to happen.

There is no doubt that this is a nice project. Good facilites, great location, and the hotel adds some value. I nearly bought here myself.

I wont be popular saying this but i think that it will be at least 2012 until completion maybe longer. Thats a 4-5 year wait to either sell or rent out.

From a pure investment point of view you would do better to sell now and invest the money in Bank stock in the UK. There are good premiums here now because expectation is still reasonable. As time goes on people will begin to get pissed off with having dead money tied up for 5 years. Compensation is negative in real terms.

Many investors here are British and as recession bites I think people wont be able to leave money sat in the ground and will look to get out. If this creates a lot of sellers what will happen to prices ?

With a completion date of 2012 i think that will be oversupply time for Dubai Marina and there could potential be a blip.crash, bubble burst, call it what you like.

If you have bought here to use yourself to live in, or holiday and are in it for the long term 10 years + then it will be fine.

If you have bought here looking to sell on completion do your sums and think hard as timing and exit strategy is crutial to all investments.

I'll have a bet with anyone that HBOS shares double in value before BC is complete.

Looks like you were way off with that prediction! Mind you Bradford & Bingley still will not die!!! So our bet is still on! :lol: :cheers:

Looks like you were way off with that prediction! Mind you Bradford & Bingley still will not die!!! So our bet is still on! :lol: :cheers:

FWIW - Back to School, and tuck your shirt in. :ohno:

Quite the reverse actualy. The fact that HBOS has been purchased and investors recieve shares in Lloyds TSB-HBOS (the UK's first Superbank) is great news for HBOS investors. The buy out will be at a ratio to 1 - 0.83

When credit markets regain liquidity then this banking giant will have around 35% market share of all UK mortgages. By making small increases to product charges and rates, their margins will be huge.

This makes my prediction of HBOS Stock doubling in value before you get your BC keys more likely not less likely.

Remember that LLoyds TSB only has to climb back to last years share price and my prediction remains acurate. You wont get your keys for at least 4 years you silly boy. :lol:

Honestly i just love amatuer investors. I guess if it wasnt for people like you i wouldnt be able to make a living. Bless :cheers:

You are very funny HT!

You really should consider working for the Labour Party Spin Doctor department!

I do like LTSB actually - may even buy some as a hedge for that pint!

i was at BC site last week..was staying in JBR...got some video clip....seems nothing has changed since last pictures from Maktom...not organize at all...

i think DCE has put some trainees there to have some experience....i went to Silverene...very neat and clean work....

but enjoyed beach area.:banana:.amazing water temprature....spent 3 hours there....i found it one of the best area...went for a walk at "THE WALK" on friday night...was busy after 11.30 pm...i was surprised...most of the shops & restaurants were open...nice choice of food....tried Pizza...from BC enterance...its just 5 min walk to the beach...just pass by Al fattan tower...

initialy thought about selling but i think its best place to enjoy lifestyle

Glover...Maktoum any pictures??

I think big difference from 2 weeks ago...

http://i33.tinypic.com/s498qe.jpg

http://i38.tinypic.com/soy890.jpg

http://i37.tinypic.com/wj7w39.jpg

The temperatures are coming down and the walk at night is getting busier although it is still Ramadan. I think this place will be thriving from October to May. Thats what i am looking for atmosphere and a great place to live. Any expert comtradictions? You know who i'm talking about!!!

Seriously though i like the way things are shaping up. On a downside Oasis Beach hotel close and being demolished so build work for at least three years. Although some might say that BC will only finish then too. I think December 2010 for BC finish. Remember all forum experts...just my opinion. I welcome yours but unless you back up with proof and facts they are only your opinions.

hey Maktol.
thanks for the pictures...
yes you are right...some of my friends came from Bur Dubai...they never seen this place before..they were shocked when i took them to "the walk"....anyway good news is its just 2 min from BC...

Hey Maktol - lovely pictures - i see progress!

I like your optimism and will update my chart with your guess, yes hopefully you are right and we can all have some beers/drinks together then!

I am still sticking with my original guess of when it will be handed over though!

This is/will be a great place to live!

Great pics Maktol, thanks. :applause:

I certainly hope you're right with your hand-over date. I'm still sticking with December 2011 myself.

Great pics Maktol, thanks. :applause:

I certainly hope you're right with your hand-over date. I'm still sticking with December 2011 myself.

Hi Morris - last update i had from you was 12/12/2014 - you want me to change it to Dec 2011?

Just out of interest what happened to the 3 extra years you originally had?

Hi Morris - last update i had from you was 12/12/2014 - you want me to change it to Dec 2011?

Just out of interest what happened to the 3 extra years you originally had?

Yes I've revised my prediction as they seem to be getting on more with the work now. The site was more or less abandoned when I predicted 2014. Bit like the stock market I suppose, my evaluations are changing daily. :lol:
There does seem to be more progress now and perhaps we'll see them cracking on with the job, hence 2011. There again I might be back to 2014 in a few weeks time .:lol:

Great pics, thanks Maktool.

I have been working this back and forward for a few weeks now and have an intuitive feeling that we are looking at Sept 2012 for this project. It is of course an opinion or educated guess but in the main I have been proven over time to have been a little optomistic in the past.

What the hell, put me down for Sept 2012. Hope I'm wrong.

Great pics, thanks Maktool.

I have been working this back and forward for a few weeks now and have an intuitive feeling that we are looking at Sept 2012 for this project. It is of course an opinion or educated guess but in the main I have been proven over time to have been a little optomistic in the past.

What the hell, put me down for Sept 2012. Hope I'm wrong.

I like my new name...or was it an innocent typo?!!
Anyway good to see your on board with the revised dates. You say educated guess. Does that mean you are in construction? If yes what do you do?

Great pics, thanks Maktool.

I have been working this back and forward for a few weeks now and have an intuitive feeling that we are looking at Sept 2012 for this project. It is of course an opinion or educated guess but in the main I have been proven over time to have been a little optomistic in the past.

What the hell, put me down for Sept 2012. Hope I'm wrong.

True Blue - Thank youuuuuuuuuuuuuuuuu!!!!!!:banana:
:bow::bow::bow::bow::bow::bow::bow::bow::bow:

I am happy you didn't say 2014!:lol:

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

http://i33.tinypic.com/almbtj.jpg

http://i34.tinypic.com/2rncsxv.jpg

^^:applause:
Thanks Maktol - very good pictures. It shows (to me anyway) that clearly they are working from right to centre to left towers. I originally thought that all 3 towers would start rising at the same time. So looks like hotel tower will be last to top out!

Do think that they need some better health & safety training though - balancing on a plank of wood is not 'safe' in my book!

great pix maktol...

great progress...

Ramzan will be over next wednesday/Thursday so hope progress will speed up even more

^^:applause:
Thanks Maktol - very good pictures. It shows (to me anyway) that clearly they are working from right to centre to left towers. I originally thought that all 3 towers would start rising at the same time. So looks like hotel tower will be last to top out!

Do think that they need some better health & safety training though - balancing on a plank of wood is not 'safe' in my book!

More H & S means slower progress, at that height planks of wood ok not at 50 storeys though !

^^ Are you for real? Dead people mean NO PROGRESS.

Thanks for sharing the pics Mactol,

I don't see any sign of the hundreds of workers you mentioned before. In fact in the close up, there is not much sign of anyone working.

I'm just a bit anxious now that I have committed to a date:)

^^And I will not let you change it! :lol:

^^ Are you for real? Dead people mean NO PROGRESS.
Take a chill pill, i'm sure much worse goes on daily in Dubai :)

not trying to be negative here, but the only thing i have been seeing onsite since following this development is skeleton staff.

sold one of my one bed apartments today at what comes down to 1.42m net on the standard plan (though it was sold on the extended payment plan). the 15 year plan proved to be pretty attractive in this credit environment, got so many inquiries. the apartment is in the west tower facing JBR/Sea, middle floors.

Thanks for sharing the pics Mactol,

I don't see any sign of the hundreds of workers you mentioned before. In fact in the close up, there is not much sign of anyone working.

I'm just a bit anxious now that I have committed to a date:)

not trying to be negative here, but the only thing i have been seeing onsite since following this development is skeleton staff.

sold one of my one bed apartments today at what comes down to 1.42m net on the standard plan (though it was sold on the extended payment plan). the 15 year plan proved to be pretty attractive in this credit environment, got so many inquiries. the apartment is in the west tower facing JBR/Sea, middle floors.

Did you sell it through DS or through an agent?

i put an ad in Gulf News. the buyer's agent called the first time i placed the ad, which was first week of september. took the buyer some time to sort out his papers.

DS resale's office, based in England, wanted to list is for 1.27m under a 3 month exclusive agreement.

i put an ad in Gulf News. the buyer's agent called the first time i placed the ad, which was first week of september. took the buyer some time to sort out his papers.

DS resale's office, based in England, wanted to list is for 1.27m under a 3 month exclusive agreement.

i was told that you cant change from standard to ltpp.I may put mine in GNews .will pm you:)

mine was originally a 15 year plan. i just posted the standard plan price to get the true sale price. the 15 year price includes interest!

^^Well done Glover, good deal seeing though they wont get in until 2012.

peope on the long 15 year plan can sell on short term plan, if the buyer wants

but people on the short term plan cannnot sell on the 15 plan


i know this from when i spoke to select about selling mine a while back..

Deleted

thanks Glover for the useful info re sale of your apartment. Congratulations you have made a great profit on your original investment. :)

I am buying 2 apartments on the standard plan and will keep them as long term rental investment. I see Dubai as being much better place to invest in property than UK or Europe for next 2/3 years.

I own a one bed apartment in JBR which I let straight away on completion on an 18 month lease cash up front on a 11% return pa. I am hoping for similar result or better when BC is ready. Pity about the likely delay in completion.

Slowhand

Hi
Anyone tell me how many floors are in each tower? I think 39,39,46...is this right?
Various different opinions all over this forum.

36 36 50 it was changed to..

any new pictures maktol??

36 36 50 it was changed to..

any new pictures maktol??


i thought that but Select Property's web site has 39,39,46. Who's right?

sold one of my one bed apartments today at what comes down to 1.42m net on the standard plan (though it was sold on the extended payment plan). the 15 year plan proved to be pretty attractive in this credit environment, got so many inquiries. the apartment is in the west tower facing JBR/Sea, middle floors.

Glover - What type, floor, tower, view, size, etc was the one bed you sold. It sounds like a great return if you bought off plan. Are you happy with your return in short period of time? I might sell at that price!!!

Glover - What type, floor, tower, view, size, etc was the one bed you sold. It sounds like a great return if you bought off plan. Are you happy with your return in short period of time? I might sell at that price!!!

Glover has already stated it was

Type: One bed
Floor: Middle floor (assume around floor 15-20)
Tower: West Tower
View: JBR/Sea

From the floorplans the size is 771 sq ft.

received a demand to pay 1% RERA registration fee. Land Registry fee..

I am selling my BC apartment - If anyone is interested in a one bedroom with Marina Views (Central tower), then please PM me.

size is 771 sqft.

the agent said that Select Group told him that they expect the project to be completed in 2011. i wonder if they would put that in writing now! very unlikely, unless there is something in all the new regulations issued recently that forces the developer to update their completion date regulalry.

the agent was worried that such delay could change the buyer's mind. i think in the end its the 15 year payment plan that sold the apt.

return was a little over 100% (of the money i paid) in about 10 months

Mind you Bradford & Bingley still will not die!!! So our bet is still on! :lol: :cheers:

Hey Sunny,

Looks like you you may have your wish, B&B may end up being owned by all UK taxpayers soon.

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3095471/Financial-crisis-Bradford-and-Bingley-to-be-nationalised-by-Treasury.html

The word in the city last week was that Barclays was going to buy them which i was hoping for.

Still a lot can happen in the next 4 years and if my B&B shares are worth less than 90p (whoever owns them) I will gladly buy you a pint, paid for by the profits of my other UK Bank stocks.

You win some you lose some. :bash:

Hey Sunny,

Looks like you you may have your wish, B&B may end up being owned by all UK taxpayers soon.

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3095471/Financial-crisis-Bradford-and-Bingley-to-be-nationalised-by-Treasury.html

The word in the city last week was that Barclays was going to buy them which i was hoping for.

Still a lot can happen in the next 4 years and if my B&B shares are worth less than 90p (whoever owns them) I will gladly buy you a pint, paid for by the profits of my other UK Bank stocks.

You win some you lose some. :bash:

HT, I must admit a month ago I thought bank shares were the way to go but who would have thought all this would happen ?

Even Cash in the bank isn't safe nowadays.

I really hope the US bailout is the right way forward

Who knows what is next ? scary times

Most UK Bank stocks ar still a good long term bet 3-5 years, which was the whole point of the disscussion i was having with FWIW.

The fact he would only take on a bet if he could choose the most likely failure against BC proved my point precisely.

Looking at the bigger picture, failures and consolidation needs to happen where they are due before the sector can recover and begin to move in the right direction.

Examples of this so far are;

HBOS now LLoyds TSB - massive market share of UK Banking
Alliance & Liecester owned by Santander
I'm sure there are more on the cards too
Northern Rock owned by UK taxpayers (my understanding is that it will be sold back to the public at a later date, at what price who knows)

Anyway i am a man of my word and if B&B turn out to be worthless then i will be first to congratulate FWIW and buy him a pint in the BC hotel when it's open.

HT, I must admit a month ago I thought bank shares were the way to go but who would have thought all this would happen ?
Even Cash in the bank isn't safe nowadays.

I really hope the US bailout is the right way forward

Who knows what is next ? scary times

Who would have thought this would have happened?:nuts:

Go and look back at pages 80,81,82...:lol:

HT,

You have been a worthy opponent! I look forward to meeting you in person and having a few beers with you!

For the archives this was what the fuss was about:

FWIW – My last word on the subject just to correct you one more time but it is getting boring now as you keep making the same mistakes, schoolboy errors !!

<snip>

I have been predicting that UK Banking stocks are a good BUY for a couple of months now, go look here;

All I have said within the last couple of days is that UK Bank Shares will double in value before BC is complete. Simple as that. For some reason you decided to insult me by laughing and belittling this suggestion. That’s fine I don’t expect you to understand concepts that are clearly beyond you.

I initially suggested HBOS as they are one of the most well known UK Banks. I have been buying Bank stock now for the last 2 months all at different prices. Its called pyramid buying. Some I buy long some I buy short. To cover my positions.

<snip>

Ok I will take you up on your B&B offer at £0.475.
If B&B follow Northern Rock then if market value is below £0.95 you win.
If it's more than £0.95, then i win.

When B&B shares hit £0.95 before you get your keys I am declared the winner and you are declared the loser. So we are playing for personal pride and a beer in the BC Hotel when it’s complete. With the way inflation is going in the UAE and the length of time you will be waiting for your hotel then this beer could cost you more than you think.

If you wanna put a higher price on it then name it it's your money your losing.



The reason I locked horns with you was that you insulted me. By calling BC a crap investment compared to UK Bank Shares, me an invertebrate and a schoolboy - you really hurt my feelings!:lol: You also derided me because I read MoneyWeek magazine!

Not only was what you said just plain wrong, it was also very dangerous. I hope nobody followed your expert advice!!! :ohno:



As a gratious winner it would be remiss of me to not provide you with a few parting gifts until we meet. And the rate that BC are going it may be in 2012.

Here is a cool photo for you to print out and keep:
http://i34.tinypic.com/11b6uqv.jpg

and some music for you to always remember what you are:
http://www.youtube.com/watch?v=6tiYP4zNMvg

Take care and remember what I said here - we could be friends:

OK HT - Sportsman bet it is then! We play for pride!

I was only trying to get you to see my point of view, not trying to belittle you as you have done several times to me.

I will make one last attempt to reason with you - please read this article and tell me your thoughts: Is it mad to buy Northern Rock shares?
http://money.uk.msn.com/guides/asktheexperts/sharedoctor.aspx?cp-documentid=6282171

Hindsight is, as they say, the greatest teacher.

:cheers:

:cheers:

I don't want to spoil your fun guys but all could you post all this stuff in the appropriate thread please.......ie. the Investment thread. This is the Bay Central thread and it's getting ruined with all this shares/investment talk which is nothing to do with BC. :ohno:

maktol can you take another picture from your window

so we can see how much progress has been made this week..

thanks

I don't want to spoil your fun guys but all could you post all this stuff in the appropriate thread please.......ie. the Investment thread. This is the Bay Central thread and it's getting ruined with all this shares/investment talk which is nothing to do with BC. :ohno:

I see, you have crossed over to the dark side :lol::banana:

What construction? Are you taking the P*** :lol:

Yeah! All this share crap is ruining a good nights forum catch up. let's get back to the payment plan chat:lol:

I will get a pic soon if Mrktol is too lazy:okay:

Congratulations FWIW. :cheers:

You won our little bet. I look forward to buying you a drink in the BC Hotel when it's complete.

I am selling my BC apartment - If anyone is interested in a one bedroom with Marina Views (Central tower), then please PM me.

hello there
can u plz send me the details. many thanks.

Yeah! All this share crap is ruining a good nights forum catch up. let's get back to the payment plan chat:lol:

I will get a pic soon if Mrktol is too lazy:okay:

Always good patter...
As usual i always see people working when i am there. I was looking at photos from last year on SP website and the progress is vast


http://i35.tinypic.com/2zexs3b.jpg

http://i37.tinypic.com/2zgsxw1.jpg

http://i35.tinypic.com/2zexs3b.jpg

Is this a pic from today or last year ??

[
Is this a pic from today or last year ??

Yes very good...the patter is great. It was taken yesterday. If you look at photos from last year you will see there has been a lot of work carried out.

Picture from Sept 2007 when i bought my apartment

now you can compare how much progress they have made or havent..

http://www.aucc37.dsl.pipex.com/pictures/bay.jpg

Wow, amazing progress on the Mall and gormet tower

^^^ and compare that to BC progress!! now that Select have said to my buyer's agent that completion would be 2011, i think the earliest BC is going to be completed is 2012!!

Picture from Sept 2007 when i bought my apartment

now you can compare how much progress they have made or havent..

http://www.aucc37.dsl.pipex.com/pictures/bay.jpg

In my limited experience it seems this part of the process takes forever but when they start the build it flys up. Also comparing your photograph from a year ago to one i took last week i would say the difference is vast and progress is obvious.

http://i38.tinypic.com/2rncsxv.jpg

Wow, amazing progress on the Mall and gormet tower


when was the mall started??

http://i37.tinypic.com/14l2aoj.jpg

Always good patter...
As usual i always see people working when i am there. I was looking at photos from last year on SP website and the progress is vast




If the progress over the last year is "vast", how would you describe the work that has still to done?

You are going to get on the wrong side of Morris soon when he works out you are after his job:)

I agree there has been a vast amount of progress .........it's due to it being a very large plot giving such easy access, unlike Botanica........only a few minor finishing touches to be done here and there.............should complete 6 months early IMO. :lol:

Wow, amazing progress on the Mall and gormet tower

Check out Silverene to, it's just a bare plot.

morris is right the plot is masive on bc.. just not enough work force for the size of the plot

its double the size of silverene

Botanica plot is a joke.. SP will only need to put one worker on site... too keep up the repuation of slow progress

morris is right the plot is masive on bc.. just not enough work force for the size of the plot

its double the size of silverene

Botanica plot is a joke.. SP will only need to put one worker on site... too keep up the repuation of slow progress

The plot is near double the area but the depth of Silverene looks double. Half the area X double the depth = same volume of work. Silverene have finished their pile prep and blinding concrete and gunite to the shoring walls. Already streets ahead of BC and with replacement contractor starting soon.

Took pics of both sites this morning and will post when I get home(forgot my cable for the camera:bash:)

Took pics of both sites this morning and will post when I get home(forgot my cable for the camera:bash:)



Can’t wait.:banana:

its double the size of silverene



I disagree… have a look at #1966 comparing with BC. Silverene is double in size.

I disagree… have a look at #1966 comparing with BC. Silverene is double in size.

And 10 times closer. BC is much bigger.

http://i35.tinypic.com/280ku2s.jpg

just returned from dubai last night will post some pics . had a wonder around the jbr walks and also looked at bc site one night. there was no work being done at night. compared to grosvenor house where they have 150 workers round the clock.i was expecting to see night workers at BC site. was disappointed.
area around the jbr site is really becoming very popular. lots of resturants and lots of people walking around in the evenings.prices of completed apartments is now around 2600 to 3000 per sq ft.talking to a few estate agents there is extreme shortage of apartments available for rent on the marina.good news for BC owners. will post some pics tomorrow:banana:

Statistic of the day: There are 907 marina apartments listed for rent in gulf news online gnads4u.

Taken on 30th Sept
http://img124.imageshack.us/img124/9859/dsc00482zd8.jpg (http://imageshack.us)
http://img82.imageshack.us/img82/1658/dsc00483uv2.jpg (http://imageshack.us)
http://img45.imageshack.us/img45/1821/dsc00484tl2.jpg (http://imageshack.us)
http://img60.imageshack.us/img60/8024/dsc00485pj1.jpg (http://imageshack.us)
http://img392.imageshack.us/img392/8793/dsc00486sg9.jpg (http://imageshack.us)

Many thanks for the pics TB.. :bow:

good progress in a week from maktol pic last week

they have done quite a bit block work

Statistic of the day: There are 907 marina apartments listed for rent in gulf news online gnads4u.
Dubai Steve,

That seems like one heck of a lot on the shelf awaiting tenants but postings here by DXBGO and elsewhere by Morten Denmark seem to suggest that the apts at the Marina can be rented in a jiffy. Hmm...Am I getting something wrong?

Ciao.

regarding leasing out apartments in Marina. I have leased several times without any problems and the maximum time i have waited to get new tenant in is 2 weeks. All my Tenants have been on annual one cheque contracts with large deposits and there have been no problems.

Regarding progress at BC site. I agree with Beppe. The progress from my un educated eye looks substantial. Fingers crossed now Ramadan finished they will get on with it.

Dubai property law comes into effect
Law number 13 of 2008, governing off plan property sales in Dubai is set to come into effect this week. The law will introduce a mandatory system of pre-registration for sales contracts at the emirate's Land Department. Any off plan sales regarding real estate units in the city that are not registered will be legally invalid.


The new Dubai property law will mean that all off plan contracts must be registered


The registration system is the next stage in the government of Dubai's efforts to increase the levels of transparency in the local real estate market, along with the introduction of a specific arbitration agency, the Real Estate Regulatory Authority (Rera), and legislative measures such as the escrow law.

These initiatives come at a time when investor confidence in both upcoming and existing projects has been shaken following a series of scandals in the local industry.

Although the system will initially be undertaken by the Land Department, the duty will eventually pass to master developers, who will be obliged to register all purchases by sub-developers.

According to an explanatory report authored by Chloe English and Alexis Waller from legal firm Clyde & Co's Real Estate department, the registration system is already up and running and will work in tandem with the current project registration system in place at Rera following the introduction of Law number 8, the escrow law.

Law number 8 declared that all developers had to be approved by Rera and have an escrow account, which all monies from investors would be paid into and would be used solely for the construction of the development.

The system also paves the way for easing in the emirate's Law number 14 of 2008, regarding mortgages, allowing investors to register against off plan projects.


Contract and purchase fees
Developers will still be obliged to pay a fee of Dhs370 per off plan unit contract when registering their site plan. The developer will not need to have taken possession of the land before registering off plan sales, registration of the concluded purchase agreement at the Land Department will be enough.

There will also be an additional 2% registration fee, payable at the split of 1% by the seller and 1% by the buyer, on all third party sales prior to the beginning of construction.

The good news for buyers is that developers will no longer be able to charge transfer fees on off plan sales.

Administrative charges will still be payable but the exact amount is currently being determined by the department. The Clyde & Co report estimates the figure at Dhs5,000 for off plan transfers and Dhs500 for completed properties.


Breach of contract
Under the new law, if buyers default on a sales contract it becomes the developer's responsibility to report the breach to the Land Department.

They will then issue a notice granting the buyer 30 days grace to comply with contractual obligations. If the issue is not resolved within the period the developer can cancel the contract and return all money paid, minus 30%, which they are allowed to keep. The new law means that the 30% is now a value of money paid by the buyer, rather than 30% of the value of the project.

In a further boost to buyers, developers will also no longer be able to claim additional money if a project is larger once completed than set out in the original contract.

If the project is smaller than specified, however, the buyer must be compensated (the size difference has yet to be specified but the report anticipates a threshold of 5% and over from the advertised area).


Restrictions on property 'flipping'
The new law is also part of the government's efforts to help curb the market speculation that has seen prices rise at fever pitch levels, and ensure that all transactions are monitored by the government rather than by individual companies.

Unfortunately, for many of the investors currently undergoing problematic handovers, the law will not retroactively govern projects that are already underway or completed - although all developments still in the off plan stage only have 60 days to register sale contracts with the Land Department.

Although some of Dubai's major developers, including powerhouses Nakheel and Emaar have set their own restrictions on the resale of off plan units, placing a hold on sales until either a set period of time has elapsed or a percentage of the contractual value has been paid, the new law does not make these restrictions mandatory across the board.

:ohno:

deadline to pay this before 14th october

^^ I have not received anything to this affect from Select Property.

Did you guys get a letter? Is it 1% of standard price or LPP???? This is not very professional to find out this way...

very short notice...

i only got the letter a few days ago, had a telephone call too ask if i recieved it today..

1% on your purchase price

^^ I have not received anything to this affect from Select Property.

Did you guys get a letter? Is it 1% of standard price or LPP???? This is not very professional to find out this way...

Mine states they are awaiting clarification from Land Dept on if its the PP or total value on lenghty plan... and advising to wait until they give us the full instruction on this.

I think I can make that decision for them: it should be on the standard price (lower for us, lower for them). RERA get their 2%...

Anymore surprises coming up?

I think I can make that decision for them: it should be on the standard price (lower for us, lower for them). RERA get their 2%...

Anymore surprises coming up?

I will second that !! motion carried.. :lol:

If the price is registered as the higher price does that mean less capital gains tax to pay if you sell?

I think I can make that decision for them: it should be on the standard price (lower for us, lower for them). RERA get their 2%...

Anymore surprises coming up?

my letter states SP have written to land department to clarify the issue. regarding original price and total purchase price on LTPP.lettrr sort of implies it will be the total purchase price on LTPP.i am sure we will find out soon:bash:

Got my letter today. This is a real nightmare x 10 and spurs rooted to the bottom, is it all worth going on:ohno:

Is this 1% only for SP customers or will all others have to pay as well???

My reading of the text suggests that this only applies to resales (third party sales).

There will also be an additional 2% registration fee, payable at the split of 1% by the seller and 1% by the buyer, on all third party sales prior to the beginning of construction.

The good news for buyers is that developers will no longer be able to charge transfer fees on off plan sales.


I also take it that it can not be applied to projects that are already under construction.:dunno:

Sorry for post - was trying to post some pics from dubai but it went wrong...will reupload in a few minutes!

photos now displaying but too large!! third time lucky?

pix from DBXGO

http://lh3.ggpht.com/james.gupta91/SOTrjX99LgI/AAAAAAAAApU/1rNpyqHALYc/s640/Dubai%20Oct%2008%20078.JPG

http://lh6.ggpht.com/james.gupta91/SOTrjRXgk5I/AAAAAAAAApc/PvIFagHdZOs/s640/Dubai%20Oct%2008%20079.JPG

http://lh4.ggpht.com/james.gupta91/SOTrj3yoGAI/AAAAAAAAAqQ/dNZDHg6MADc/s400/Dubai%20Oct%2008%20088.JPG

http://lh3.ggpht.com/james.gupta91/SOTrkAs6RoI/AAAAAAAAAps/h3phVlr2-ao/s640/Dubai%20Oct%2008%20089.JPG

http://lh3.ggpht.com/james.gupta91/SOTrkr2c5RI/AAAAAAAAAp0/fA4Qk6UCQFA/s640/Dubai%20Oct%2008%20094.JPG

http://lh5.ggpht.com/james.gupta91/SOTxPzTZxKI/AAAAAAAAAqU/bSURmaPv0vs/s640/Dubai%20Oct%2008%20100.JPG

http://lh5.ggpht.com/james.gupta91/SOTxQIKALuI/AAAAAAAAAqc/jD7iw1sVjDU/s640/Dubai%20Oct%2008%20102.JPG

http://lh3.ggpht.com/james.gupta91/SOTxQtFUxFI/AAAAAAAAAqk/c7z8dXPpnt0/s640/Dubai%20Oct%2008%20107.JPG

http://lh3.ggpht.com/james.gupta91/SOTxRIoylvI/AAAAAAAAAqs/PKQr0ZeyIEE/s640/Dubai%20Oct%2008%20108.JPG

pix from DBXGO



thanks - was having a nightmare getting those on properly!!

Bay Central September 2008. Pile capping continues around the plot particularly around the Central Tower.
http://i33.tinypic.com/20j013q.jpg

Block work has commenced around the lift shaft, with the lift shaft fully excavated.
http://i33.tinypic.com/2rntxew.jpg

Piling progressing on site and pile capping continues where the ground is at the final excavation level. Fairing on the back shore piling of the plot
http://i37.tinypic.com/ajxxy0.jpg

Block work surrounding the cross section of the West Tower is progressing well.
http://i35.tinypic.com/zx5kiq.jpg

Thanks Bepe, :cheers:

Just to let you all know that the 6th photo is botanica plot from 11th floor Grosvenor house and the 7th photo is the new Grosvenor House hotel with about 150 workers on it. Progressing more and more each day and night as already mentioned. Would be good if Bay Central had as many workrs, but should really be triple as there are 3 towers.