21/August/2009

The Pentominium

man contractor has arrived :)

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damn! that made my day! :banana:

Not so exiting if you have few hundred thousand dollars invested in the project!!! This one turning into a very bad investment!!!
What is the best investment - nowadays, i think it's the valuable information for your business and the means of getting it!

YAY!! :banana: Best news in a long time!! :D

28/August/2009

The Pentominium

ACC sign has been covered, maybe they are checking the SSC ?:)

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Looks like good progress. Now we know where the last pilingrig was for. Just an extra inside wall to excavate even deeper in the middle part of the constructionside.

Think they will need a couple of months to complete excavation and to start with the foundationraft. Don't think the raft will be completed by the end of the year.

28/August/2009

The Pentominium

ACC sign has been covered, maybe they are checking the SSC ?:)

Noticed that too! It's a bit late in the day for covering anything now huh!? lol :D

Excavation looks to be going very well indeed. Hopefully the foundation raft will be in place by Christmas or New Year. :cheers:

04/September/2009

The Pentominium

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Pentominium reflects Dubai's soaring skyscraper ambitions
By Saifur Rahman, Business Editor
Published: September 05, 2009, 22:57


Dubai: Construction of the 618-metre-tall Pentominium tower - one of the world's tallest man-made structures - in Dubai Marina will not only boost investor confidence, but also help Dubai reinforce its position as the city with one of the largest collections of skyscapers.

When completed, the residential tower will host 120 floors above ground. Designed by architects Aedas and funded by developers Trident International Holdings (TIH), the project is expected to be completed in 48 months.

According to reports, Dubai currently has 390 completed high-rises, with 321 more under construction, and 551 planned.


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In addition, Dubai is expected to be the site of more buildings with 100 floors or more than any other city in the world by 2015. Some of these supertall buildings include Burj Dubai (162 floors), The Pentominium (120 floors), Burj Al Alam (108 floors), Marina 101 (101 floors), Princess Tower (107 floors) and the now on-hold Nakheel Harbour Tower (more than 200 floors, 1.4 kilometres). This far outpaces other leading metropolises in terms of towers with more than 100 habitable floors.

No city other than Dubai and Chicago hosts more than one supertower. Chicago has two - the 108-storey Sears Tower and the 100-storey John Hancock Centre. A third, the 118-floor 7 South Dearborn tower, is under construction.

The city of Dubai has 53 buildings under planning, development and construction that stand taller than 180 metres, and 44 buildings stand taller than 200 metres. Only Hong Kong and New York City are ahead of Dubai in highrises taller than 200 metres with 52 and 50 high-rises respectively.

By the end of 2010, Dubai will have more than 80 high-rises taller than 200 metres However, by the end of 2008, Dubai had already built nine high-rises whose heights exceed 300 metres; in comparison, Hong Kong and Chicago have six.

Wazir Daredia, Executive Director and CEO of Trident International Holdings, told Gulf News, "Pentominium is a unique project that escalates the concept of luxury living to new heights and with construction major ACC [Arabian Construction Company] on board, the project has joined an exquisite bouquet of brand partnerships we have forged for the development. ACC is one of the leading players and their portfolio of accomplished and ongoing projects speaks volumes about their expertise and creditability.

"Following completion of probably the world's most challenging enabling works, which involved pilings up to a record 65 metres to support approximately 3,500 square metres of footprint area and installation of approximately 250 piles by the world's leading enabling company - Swissboring - ACC has mobilised to take over the Pentominium development programme with a value of $400 million (Dh1.47 billion)."

The Pentominium will be the tallest all-residential building in the world upon completion and it currently has the highest projected height of any residential building under construction, according to Aedas.

"It is expected to be 8 metres taller than the 150-storey Chicago Spire, which is on hold in Chicago. The Pentominium is projected to be the second-tallest building in the world after the Burj Dubai," the company's website says.

The word Pentominium has been derived from two words - penthouse and condominium. Each living space will have its own foyer and smart biometric access control.

Every apartment will consist of either a half or a whole floor (more than 600 square metres).

ACC has been assigned the construction contract to build the project, TIH announced yesterday.

"With a strong pedigree of iconic projects under its belt, ACC also boasts solid expertise in high-rises, with structures such as Princess Tower (414 metres), Elite Residence (380 metres), Rose Tower (333 metres) and The Westin Hotel. ACC came across as the natural winner and choice," Daredia said.

The partnerships for Pentominium include the world-renowned Italian luxury brand Salvatore Ferragamo which is doing a select few Salvatore Ferragamo branded penthouses in which other brands such as Rolls Royce, Swarovski, Bang and Olufsen, Tiffany and Co, Damas, Quintessentially, Davidoff, Azimut Yachts and Six Senses Resort and Spas are other strategic utility providers.

"It is the first time that these brands have lent their name to a realty proposition. They would be providing niche offerings from their respective portfolios to the exclusive Pentominium residents. Noor Islamic Bank which maintains the escrow management for the Pentominium is also the banker to the project," Daredia said.

Trident remains the only private developer with the highest project announced to delivery ratio. Trident has delivered four towers out of the six announced with the fifth racing to be delivered in the fourth quarter of this year.

"In the current market dynamics and new world order, deliverables will be the measure of success," Daredia said.

This is expected to boost investor confidence, analysts say.

"The Pentominium was launched as a niche product. Its developer has developed customers for such a luxury niche product. It's a very good sign," property analyst Sudhir Kumar, managing director of Realtors International, told Gulf News.

"With this, Dubai is reinforcing its position as a global centre for development and growth. It proves that mistakes could be corrected even in times of economic recession. The private sector is playing its role in realising the government's development vision."

Tarek Ramadan, chairman of Tharaa Holding, said, "It's definitely good news and will help boost investor confidence, especially at a time when developers have been shelving projects. This is one private developer which is showing that one could withstand the pressures of economic crisis. With building material costs down, Trident has also managed to lower construction costs significantly, which will help it to manage construction better."

ACC is renowned for its credentials in working fast track across the segments in which it operates including infrastructure and civil construction, turnkey contracting, value engineering.

Hassan Auji, General Manager of ACC, said, "This assignment further endorses ACC's passion for developing quality projects throughout the Middle East and consistently demonstrates its ability to deliver to the highest of expectations."

Trident has engaged Hyder Consulting for structural engineering, cladding and glass curtain wall, vertical transportation, etc.

"The Pentominium Tower will be a reminder to future generations of Trident's ambition and vision together with ACCs construction and organisational skills and capabilities. "We have mobilised a team of our top high-rise experts to start planning this challenging project," Auji added.

The design aim is to provide the most luxurious apartments in the world, with each residence having access to a 24-hour-a-day butler service.

Trident has also secured deals with external companies to ensure owners can make use of a Rolls-Royce or high-end sports car of their choice, and sailing trips on luxury yachts in the Gulf.

The top floors of the Pentominium will contain a Sky Lounge, Sky Pool, Business Centre and a private observation deck along with health clubs and a cigar lounge, squash courts, a banqueting hall and private theatre.

The history of Dubai skyscrapers

The history of skyscrapers in Dubai began with the construction of the 149-metre Dubai World Trade Centre in 1979, which is regarded to be the first skyscraper in the city. At the time of its completion, it was the tallest building in the Middle East.

Since 1999, and especially from 2005 onwards, Dubai has been on an extremely large skyscraper building boom, with all 28 of its buildings over 200 metres tall completed after 1999.

Dubai currently has 390 completed high-rises, but that number is increasing every year. With 321 highrises under construction, and 551 planned highrises, Dubai's skyline is rapidly changing. In addition, Dubai is expected to be the site of more buildings with 100 floors or more than any other city in the world by 2015.

It will also have the biggest number of high-rises taller than 200 metres, surpassing New York City and Hong Kong.

The largest and arguably the most famous construction project currently taking place in Dubai is the Burj Dubai, which began construction in 2004.

The Burj Dubai is now topped out and is the tallest building, freestanding structure and man-made structure of any kind ever built on the planet. The Burj Dubai topped out on January 17, 2009 at 818 metres and it became the tallest free-standing structure in the world on September 12, 2007, surpassing the 553-metre CN Tower in Toronto, Canada.

The building also surpassed the height of Taipei 101, the current tallest building in the world, on July 21, 2007.

However, as only completed structures are measured as buildings, Burj Dubai will not officially gain the title of tallest building in the world until its completion this year.

The proposed Nakheel Harbour Tower is another extremely tall development planned for construction in Dubai. Set to rise at least 1,400 metres in height, with 200 floors, this building would surpass the Burj Dubai to become the tallest structure in the world if constructed.
- Staff Report

Definition: No norms

A skyscraper is a tall, continuously habitable building. There is no official definition or height above which a building may clearly be classified as a skyscraper. Most cities define the term empirically; even a building of 80 metres may be considered a skyscraper if it protrudes above its built environment and changes the overall skyline of the city.
-Staff Report

Highest height: Records

The Pentominium will be the tallest all-residential building in the world upon completion and it currently has the highest projected height of any residential building under construction. It is expected to be eight metres taller than the 150-storey Chicago Spire, which is on hold in Chicago. The Pentominium is projected to be the second-tallest building in the world after Burj Dubai.
- Staff Report

The word Pentominium has been derived from two words - penthouse and condominium.

one of the best project in Dubai with one of the worst location ,just imagine if you have a "penthouse" on the 2nd or 3rd floor, what a view from there:)

Marina Sky Towers plot would have been the best for this project.

Article said , completion date is 2013, ACC can do it.

right, how is a 2nd-3rd floor apartment without views a penthouse? Maybe its reflected in the price?

Great news that this is still going ahead, Great contractor to build it too. We have definatley turned a corner in the downturn.....

one of the best project in Dubai with one of the worst location ,just imagine if you have a "penthouse" on the 2nd or 3rd floor, what a view from there:)

Marina Sky Towers plot would have been the best for this project.

Article said , completion date is 2013, ACC can do it.

Article said completion in 48 months which is second half 2013. I still think I am on the money with 2014:)

DUBAI, Sept 6 (Reuters) - Lebanon's Arabian Construction Co (ACC) has won a 1.46 billion dirham ($397.5 million) contract in Dubai to build one of the world's tallest towers, the biggest skyscraper deal to be awarded in the emirate since the start of the global downturn.

The Pentominium in Dubai Marina, will be 124 floors high and the second-tallest building in the world after Emaar Properties' (EMAR.DU) Burj Dubai, the construction firm said in a statement on Sunday. It did not disclose an estimated height for the tower.

Dubai-based contractors have been eyeing contracts elsewhere in the Gulf region and North Africa during the global economic downturn, as property prices in Dubai fell around 50 percent from peaks last year, projects were cancelled and thousands of jobs were slashed.

ACC, which won the contract from Dubai-based Trident International Holding, said construction on the residential tower would take about two years to complete.

The Burj Dubai is expected to reach 800 metres (2,625 feet) when completed later this year, though its ultimate height has been kept a secret.

Nakheel, the state-owned developer of Dubai's palm-tree shaped islands, stopped work in January on its 1 km (3,281 feet) high tower due to the global financial downturn.

Still, activity is gradually picking up in the construction sector. The ACC deal follows a $187 million contract in Dubai awarded on Aug 25. to the United Arab Emirates' largest listed contractor Arabtec ARTC.DU, which with Samsung Engineering and Construction (028050.KS) is part of the team working on the Burj Dubai.

ACC, whose projects have included the Emirates Palace Hotel in Abu Dhabi, has a backlog of $4 billion worth of projects in the Middle East and is currently working on 10 projects in Dubai worth 5.8 billion dirhams. ($1=3.673 dirhams) (Reporting by Jason Benham; editing by John Irish and Karen Foster)

DUBAI, Sept 6 (Reuters) -.


ACC, which won the contract from Dubai-based Trident International Holding, said construction on the residential tower would take about two years to complete.


2 years for +120 floors?????

no,2 years impossible, another article said 48 months.

no,2 years impossible, another article said 48 months.

Is 4 years possible/probable till handover? Below was from an ealier post for TGR in March 2007. Even on a 45 floor tower their building schedule is out by 50%!

Hong Kong wins Trident
CONSTRUCTION UAE
16 Mar 2007
Hong Kong-based CSHK Dubai Contracting has been awarded the estimated AED 350 million ($95 million) main construction contract for the Trident Grand Residence tower in Dubai Marina. The 25-month contract involves the construction of a 45-storey residential building. UK-based RMJM is the consultant. US-based Hirsch Bedner & Associates is the interior designer. Parsons Brinckerhoff, also of the US, is the project manager.

R

Is 4 years possible/probable till handover? Below was from an ealier post for TGR in March 2007. Even on a 45 floor tower their building schedule is out by 50%!


Envisaged completion is December 2013 :)

08/September/2009

The Pentominium

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no,2 years impossible, another article said 48 months.

It just shows you that journalists will print anything, does not matter if it is true, possible or credible.

The earliest completion will be late 2014. Every job has it's problems which will push this date back but it will never be earlier than 2014.

^^
Thanks, I agree...

Excellent news about the contractor. :banana::banana:

I also think end of 2014 is right. There always seems to be delays at the beginning and the very end of construction of a tower. I think it should be topped out (including spire if it exists) at the end of 2013. :yes:

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EXCLUSIVE: Pentominium to be completed by 2013

by Sarah Blackman Sep 7, 2009

The Pentominium project is to be completed by the second half of 2013, the project’s main contractor Arabian Construction Company (ACC) told Construction Week.

Construction on the project broke ground on July 26 of this year and so far piling works have been completed.

“We are in the process of carrying out pile breaking and excavation. The total job shall be completed in the second half of 2013,” said ACC managing director Hassan Auji.

The first milestone is set to be reached by the end of this year when raft foundation works are set to be completed, according to Auji.

Previously Construction Week reported (http://www.constructionweekonline.com/article-6291-acc_gets_pentominium_construction_contract/) that Trident International Holdings awarded the US $400 million (AED1.46 billion) contract, which covers the construction of 170,000m2 of built up area.

The 124-storey Pentominium – to be based at Dubai Marina – will be one of the world's tallest man-made structures and is projected to be the second-tallest building in the world after Burj Dubai.

"Pentominium is a unique project that escalates the concept of luxury living to new heights and with construction major ACC on board, the project has joined a bouquet of brand partnerships we have forged for the development,” said Trident International Holdings executive director and CEO Wazir Daredia.

The Pentominium will be the tallest all-residential building in the world upon completion and it currently has the highest projected height of any residential building under construction, according to Aedas, the project designers.

http://www.constructionweekonline.com/article-6301-exclusive_pentominium_to_be_completed_by_2013/

^^ Pretty much what every article on this tower is saying. :) And handover should be end of 2014 right?? Allowing for no delays of course..

Envisaged completion is December 2013 :)

i know projects that are 30 floors and they are 2 years behind schedule, i cant see this tower being completed in 2013 , UNLESS they have factored in unseen delays which they cant because it is UNSEEN

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they should update this pic otherwise it will be a big surprise for some owners who have bought on the internet :)

nice park at the 23 Marina, Marina 106 and MAG218 site and forgot the Tamani Marina Hotel and Ocean Heights etc.. ?!?!

Yes let's bring things back to reality :)

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yes, this one is more realistic , what a difference :)

11/September/2009

The Pentominium


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11/September/2009

The Pentominium

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11/September/2009

The Pentominium

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^^ Pretty much what every article on this tower is saying. :) And handover should be end of 2014 right?? Allowing for no delays of course..

Hi PG,

Contract Completion is December 2013. There will be delays, there always are, so actual completion will in 2014 at the earliest.
ACC are now working 7 days to ensure raft is poured in December.:)

Hi PG,

Contract Completion is December 2013. There will be delays, there always are, so actual completion will in 2014 at the earliest.
ACC are now working 7 days to ensure raft is poured in December.:)

My contract says completion Q1 2011....

^^ He's talking about ACC's contract.

That is pretty damn good progress already. Cutting off pile heads is slow work unless you have the big circular hydraulic pile cropper. Don't see one and they normally leave the rebars badly bent after cropping.

Obvious now that pile testing etc must be complete. very dense pile layout but I still expect the raft to be minimum 3 metres thick maybe upto 5 metres thick, but I'm just surmising.:)

2nd tallest building in the world is being born, WOW!!!!!

Lebanon's ACC wins 124-floor Dubai tower deal

Lebanon's Arabian Construction Co (ACC) has won an AED1.46 billion ($397 million) contract in Dubai to build one of the world's tallest towers, the biggest skyscraper deal to be awarded in the emirate since the start of the global downturn.

The Pentominium in Dubai Marina will be 124 floors high and the second-tallest building in the world after Emaar Properties' Burj Dubai, the construction firm said in a statement on Sunday. It did not disclose an estimated height for the tower.

Dubai-based contractors have been eyeing contracts elsewhere in the Gulf region and North Africa during the global economic downturn, as property prices in Dubai fell around 50 percent from peaks last year.

ACC, which won the contract from Dubai-based Trident International Holding, said construction on the residential tower would take about two years to complete.

The Burj Dubai is expected to reach 800 metres (2,625 feet) when completed later this year, though its ultimate height has been kept a secret.

Nakheel, the state-owned developer of Dubai's palm-tree shaped islands, stopped work in January on its 1 km (3,281 feet) high tower due to the global financial downturn. Still, activity is gradually picking up in the construction sector.

The ACC deal follows a $187 million contract in Dubai awarded on Aug 25. to the UAE's largest listed contractor Arabtec, which with Samsung Engineering and Construction is part of the team working on the Burj Dubai.

ACC, whose projects have included the Emirates Palace Hotel in Abu Dhabi, has a backlog of $4 billion worth of projects in the Middle East and is currently working on 10 projects in Dubai worth AED5.8 billion. (Reuters)

http://www.arabianbusiness.com/566950-lebanons-acc-wins-124-floor-dubai-skyscraper-deal

^^ He's talking about ACC's contract.

Yes i was!:)

That is pretty damn good progress already. Cutting off pile heads is slow work unless you have the big circular hydraulic pile cropper. Don't see one and they normally leave the rebars badly bent after cropping.

Obvious now that pile testing etc must be complete. very dense pile layout but I still expect the raft to be minimum 3 metres thick maybe upto 5 metres thick, but I'm just surmising.:)

2nd tallest building in the world is being born, WOW!!!!!

Raft is 5m thick in the centre and 1.2m thick at two ends. Hence the two runs of shoring.:)

http://i30.tinypic.com/v4auc6.jpg

EXCLUSIVE: Pentominium to be completed by 2013



It is not gonna happen.:ohno: Maybe 2016 is realistic handover year. Trident is famous only one thing. They are the slowest developer. Look at Trident Grand Residence project. It is so late.

It is not gonna happen.:ohno: Maybe 2016 is realistic handover year. Trident is famous only one thing. They are the slowest developer. Look at Trident Grand Residence project. It is so late.

at least here they have good and fast contractor , huge difference between the ACC and CSHK (TGR) or Larsen And Toubro (Marinascape)

Raft is 5m thick in the centre and 1.2m thick at two ends. Hence the two runs of shoring.:)

5 meters thick!! That is enormous. But on the other hand, this tower is enormous with a small footprint. Looking forward to see the raft completed by december.

Hi PG,

Contract Completion is December 2013. There will be delays, there always are, so actual completion will in 2014 at the earliest.
ACC are now working 7 days to ensure raft is poured in December.:)

My contract says completion Q1 2011....

^^ He's talking about ACC's contract.
^^
How can Trident put on their contract completion estimated Q1 2011 when in reality it wont be completed until 2014- 2015? I bought this as the building schedule suited me and my family. Buy the time ths completes my kids will have left home so now this does not serve the purpose I bought it for! I wonder if Trident will give a sh*t about this? I am sure they will want me to fund this regardless..........:bash:

^^
How can Trident put on their contract completion estimated Q1 2011 when in reality it wont be completed until 2014- 2015? I bought this as the building schedule suited me and my family. Buy the time ths completes my kids will have left home so now this does not serve the purpose I bought it for! I wonder if Trident will give a sh*t about this? I am sure they will want me to fund this regardless..........:bash:

But you do realize it's just impossible to finish this in 18 months, right? Or just because it says Q1 2011 in your contract you assume it will just magically pop out from the ground?

Only by samsong main contractor will be possible :D

^^:ohno:

Q1 2011, not even Derren Brown could dream up those numbers.

But you do realize it's just impossible to finish this in 18 months, right? Or just because it says Q1 2011 in your contract you assume it will just magically pop out from the ground?

I bought this in 2007, Trident said they were going to start straight away so 4years to build took us to 2011.......

hmmm a 7 or 8 year wait for delivery after paying your deposit is quite a hit on the finances. Hopefully it will be worth it in the end!

hmmm a 7 or 8 year wait for delivery after paying your deposit is quite a hit on the finances. Hopefully it will be worth it in the end!

By the time is does get handed over, it will be of no use to me as my kids would have grown up and left home!

By the time is does get handed over, it will be of no use to me as my kids would have grown up and left home!

At least it should be ready in time for your grand kids to use :lol:

how much is the total purchase price paul and the unit sizes, iam wondering if anything moves up in resale iam looking to purchase, plans to move to dubai within the next 2 years.

how much is the total purchase price paul and the unit sizes, iam wondering if anything moves up in resale iam looking to purchase, plans to move to dubai within the next 2 years.

The units at the Pentominium are all around 6500 sq/ft, I paid around 14.5M,

Problem for me is that as this wont be completed for around 4 years I have to buy somewhere else in Dubai for my family to live in.......

that is indeed a large sum of money to invest in Dubai. At least this company still exsists. Are you in Dubai now or overseas. If I was to invest anything more than a million DHS I would make sure I was in Dubai and living there, I am sure you will be happy with your investment once it is completed, 6500 sqft is a good size living space,

that is indeed a large sum of money to invest in Dubai. At least this company still exsists. Are you in Dubai now or overseas. If I was to invest anything more than a million DHS I would make sure I was in Dubai and living there, I am sure you will be happy with your investment once it is completed, 6500 sqft is a good size living space,

Yes it will be fantastic when completed and 6500 sq/ft is huge living area, perfect for a family but far too big for 2 people! As I said my children will be leaving home buy the time this hands over.
We need to find something thats ready now for us all to move into.

^^ Why didn't you just buy a signature villa on the Palm instead?

^^ Why didn't you just buy a signature villa on the Palm instead?


people who likes apartments will never buy a villa, I know people with unlimited money they are living in apartments.

totally different story.

people who likes apartments will never buy a villa, I know people with unlimited money they are living in apartments.

totally different story.

^^
Exactly right :)

Yes it will be fantastic when completed and 6500 sq/ft is huge living area, perfect for a family but far too big for 2 people! As I said my children will be leaving home buy the time this hands over.
We need to find something thats ready now for us all to move into.

Would have thought the TGR penthouses would suite you. I saw three listed last week in that price range. They are bigger and better location IMHO. I know you are already investor there. What would be completion date?

2014

Would have thought the TGR penthouses would suite you. I saw three listed last week in that price range. They are bigger and better location IMHO. I know you are already investor there. What would be completion date?

Yes the TGR Penthouses would suite us but I am now tied in to the Pentominium!

The units at the Pentominium are all around 6500 sq/ft, I paid around 14.5M,

Problem for me is that as this wont be completed for around 4 years I have to buy somewhere else in Dubai for my family to live in.......


Where abouts in the building did you buy Paul, and what is the payment plan like ?

Where abouts in the building did you buy Paul, and what is the payment plan like ?

The payment plan as with all Tridents projects are linked to construction.

30% already paid and 10% on construction milestones: Floor slab, 5th floor, 30th floor and 60th floor. Balance of 30% on handover. I bought over 60th floor, as the floor to cieling height is over 4 meters its really equivalent to approx 80th floor on normal towers with a 3 meter floor to cieling height......

Out of interest Paul, what floor are you on to buy at 14.5M?

This should turn out to be one of the best developments in the marina area, just a shame that I think malec is on the money with 2014 before we see it!

By the time is does get handed over, it will be of no use to me as my kids would have grown up and left home!

I'm not that sure I'd leave home if I lived in the Pentominium :lol:

Hi PG,

Contract Completion is December 2013. There will be delays, there always are, so actual completion will in 2014 at the earliest.
ACC are now working 7 days to ensure raft is poured in December.:)

Raft is 5m thick in the centre and 1.2m thick at two ends. Hence the two runs of shoring.:)

Hi BRAMBLE,

Amazing info! So, at the earliest, it will be 2015 before anyone gets their key in the door huh. Another 6 years. When you take into consideration the mammoth size of this project and the financial climate this past year, then I guess we can't be all too surprised by this time frame. It'll be great once the raft is pored though, then on with the basement levels. :)

the economy should have absolutely nothing to do with this project, the people like Paul that purchased this project are upper to high salary people which invested in this project years ago, each having to paid more than 10% some have paid close to 50%.

the cost of construction material is down.
the cost of labor is down. more contractors are looking for work

so what is this bull s*** about the economy everyone's making up. yes it applies to NEW building sales (within the last year) where you pay 600,000 DHS and you cant pay it off, someone that pays 10-40 million dhs for a pent obviously has the money no matter what the economy is or they wouldn't invest in the first place. And what is being done with the money people like Paul invested, its sitting in the bank collecting interest, its not 40 million dhs we are talking about, the number is in the billions. even at a 1.5% interest rate this and other companies are making huge amounts of money by doing nothing..

its just a whole bunch of crap developers are using these days, like honestly stfu and just own up to the dissastor you have caused for investors. Iam really tired of all these developers which sold units upto 3 years ago and they nag and bitch about how the economy is this and that. THE COST OF CONSTRUCTION A BUILDING NOW IN THE UAE IS CHEAPER THAN IT WAS 2 YEARS AGO.

^^

You are assuming the builing is sold out and that investors who have laid down 10% at AED 2,200 psf, still wish to continue with their investment.

I dont think this is realistic. If this was me i would walk away and invest elsewhere at half the price psf in a completed building in a better location.

Just an observation. :)

18/September/2009

The Pentominium

the sand ramp gone , good progress here

http://i31.tinypic.com/12674i8.jpg

http://i30.tinypic.com/2emcug2.jpg

http://i29.tinypic.com/am8aph.jpg

http://i28.tinypic.com/24fifza.jpg

http://i26.tinypic.com/10rn96o.jpg

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

http://i27.tinypic.com/juai60.jpg

^^

You are assuming the builing is sold out and that investors who have laid down 10% at AED 2,200 psf, still wish to continue with their investment.

I dont think this is realistic. If this was me i would walk away and invest elsewhere at half the price psf in a completed building in a better location.

Just an observation. :)

Trident had pretty much sold this project out and the last remaining units they had were being sold as the "Ferragamo" penthouses that started at around 32M aed.

Buyers here have all laid out 30% which equates to upwards of £750.000.......

Why would anyone walk away from that?????

You have to be an idiot to walk away from this project, first off all it is going to get completed but in a much longer time frame, by the time it is done (2014-2016) the recession will be long gone and prices would have gone up, not to mention it will be the best building in the marina (in my opinion). Someone that has paid 10% for example 10% of 15 million dhs and they can see this company is actually working they wont just forget about 10% and walk away. and the 10% is the minimum some investors have put in, i wouldn't be surprised if i heard people have paid 50% upfront as they have discounts when you pay a large portion upfront.

Trident had pretty much sold this project out and the last remaining units they had were being sold as the "Ferragamo" penthouses that started at around 32M aed.

Buyers here have all laid out 30% which equates to upwards of £750.000.......

Why would anyone walk away from that?????


You have to be an idiot to walk away from this project, first off all it is going to get completed but in a much longer time frame, by the time it is done (2014-2016) the recession will be long gone and prices would have gone up, not to mention it will be the best building in the marina (in my opinion). Someone that has paid 10% for example 10% of 15 million dhs and they can see this company is actually working they wont just forget about 10% and walk away. and the 10% is the minimum some investors have put in, i wouldn't be surprised if i heard people have paid 50% upfront as they have discounts when you pay a large portion upfront.

If you have bought into this as a home for the long term then fair enough.

If it is as an investment then it is a bad deal in my opinion.

Tying up 30%-50% of your cash at AED 2,200 psf with a 5 year wait is not good business where I come from.

Judging by completed Trident projects in the Marina their standards are no better than the usual crap you can find anywhere in the Marina today for around AED 1,000 psf. Location wise this is poor as it is not even waterfront, and has some big beasts on the front row like Princess, Elite, Ocean Heights to block any decent views seawards.

If you are more than 80-90 floors up then views will be good but still not worth tying up that kind of money for 5 years+ for me.

Global recession or not, in terms of real estate, Dubai will be oversupplied for at least 5 years probably 10. So dont bank on prices being 4,000 psf in the next 5 years.

Still what do i know i said it was crazy to pay 5,000 psf in the Burj back in 2008. :ohno:

^^ probably right but he will be able to use it for a few years as a home and then sell up and make about £2 million profit.

Paul which floor did you buy on? I could give an idea of the views if you want. :)

i dont think anyone puts out 14 mill to invest for someone to rent, example paul put it for his family to live in , for investment if u have any brains you wont put out more than 3-4 mill in any one project, its busniess 101, its better to have 5 million dhs and invest in 5 projects than have 5 million in one project, ,

I dont think this is just my opinion because the people I have spoken to who have pents in the marina say it would be impossible to rent it out but the small investments they have are no trouble renting out. and by the way Burj Dubai is a whole diffrent story, just because its burj dubai the sq price is gonna be higher.

Do you think people who's invest here care for a rent ? i don't think so , investors here they just wanna to enjoy there lifestyle i guess ...every each of penthouse is like a palace in higher sky living ...they want to burn every million DHR just for this tower :D they die for this tower ....BUT not this the point !

We already knew this tower is one of tallest , luxurious , and all of the floor plan is only for penthouse and it's off plan investment till now ? these 4 factors are so risky "if they care about there wallet but a lot of them don't care" to come together for ( off Plan investment and in Dubai ) .

Dramatically everything could change in week in Dubai could be positive or negative but not for those type of investors .

finally,i hope all the best for investors in here :)

double post !

if you are trying to say it is risky than ur right but anywhere u invest in the world there is a risk factor, people weight the risk and benefits,

A) No taxes (at least for a while)
B) if you got dirty money not like a million dollars, iam talking about madof type of money than its the perfect place, any anyways people dont "invest" in pents to rent it out they invest to live there.

The problem with Dubai and the Uae in generall is that is a very young in terms of laws set out to protect investors. for example the construction based payment plan, this should have been implemented 5 years ago, I know that I wont invest any more in Dubai untill I am living there within the next 2-3 years,

i dont think anyone puts out 14 mill to invest for someone to rent, example paul put it for his family to live in , for investment if u have any brains you wont put out more than 3-4 mill in any one project, its busniess 101, its better to have 5 million dhs and invest in 5 projects than have 5 million in one project, ,

I dont think this is just my opinion because the people I have spoken to who have pents in the marina say it would be impossible to rent it out but the small investments they have are no trouble renting out. and by the way Burj Dubai is a whole diffrent story, just because its burj dubai the sq price is gonna be higher.

Thanks for the reply but i think some of my post went over your head.

Firstly an "investor" may not be looking at rental yield alone. Some people "invest" for capital appreciation too.

Your business 101 theory is flawed as investment capital is all relative to your net wealth. I agree that if you have 5 million then you dont put it all in one project but if you have 100 million then 5% into one project is not uncommon. My point is it's all relative.

My comment regarding Burj prices was my attempt at sarcasm, as when i said it everyone thought it was good value to invest in DBD at 5,000 psf and higher "because of the Burj". I thought at the time this was bad business to base so much value in "the Burj effect".

Now that the real estate crash has exposed much of Dubai's weakness in terms of fundamental value i believe you can buy in DBD for 1,500 psf.

For any investor to tie up capital in this project at 2,200 psf for 5 years is not good business, when you factor in the cost of cash, inflation, lost yield, and allternative accomadation (if this to be your home) then for me at least, the numbers dont stack up.

However, each to his own.

Thanks for the reply but i think some of my post went over your head.

Firstly an "investor" may not be looking at rental yield alone. Some people "invest" for capital appreciation too.

Your business 101 theory is flawed as investment capital is all relative to your net wealth. I agree that if you have 5 million then you dont put it all in one project but if you have 100 million then 5% into one project is not uncommon. My point is it's all relative.

My comment regarding Burj prices was my attempt at sarcasm, as when i said it everyone thought it was good value to invest in DBD at 5,000 psf and higher "because of the Burj". I thought at the time this was bad business to base so much value in "the Burj effect".

Now that the real estate crash has exposed much of Dubai's weakness in terms of fundamental value i believe you can buy in DBD for 1,500 psf.

For any investor to tie up capital in this project at 2,200 psf for 5 years is not good business, when you factor in the cost of cash, inflation, lost yield, and allternative accomadation (if this to be your home) then for me at least, the numbers dont stack up.

However, each to his own.
^^
Yes, hindsight is great isnt it? to have a perfect understanding of an event after it has happened........:)

:cheers::nuts:

If you are an existing Investor at Trident Grand Residence development, please contact tgr.owners@gmail.com to join the Investors Committee (soon to be Owners Committee). This is exclusive to the existing Investors in this tower. TGR Investors Committee is a separate entity from the Developer and its goal is to protect Investors interest in the tower. If you know anyone who has invested at Trident Grand Residence, kindly inform them to contact tgr.owners@gmail.com.

25/September/2009

The Pentominium

http://i35.tinypic.com/2vxf5dx.jpg

http://i38.tinypic.com/28iue75.jpg

http://i36.tinypic.com/20ru5z.jpg

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

http://i34.tinypic.com/o7vj3k.jpg

http://i37.tinypic.com/2cxsz1c.jpg
http://www.building.co.uk/story.asp?sectioncode=29&storycode=3149380&c=3

02/October/2009

The Pentominium

they closed the site , security said not allowed to take pics there so in the future I will take pics from the bridge or maybe from another towers only.

http://i36.tinypic.com/2arfk0.jpg

http://i38.tinypic.com/2r3ecnk.jpg

http://i38.tinypic.com/2yov0j5.jpg

http://i34.tinypic.com/2vv2p8h.jpg

http://i33.tinypic.com/bgqtt1.jpg

Bunch of idiots these developers! They dont want to show anyone the progress/or lack of progress on their developments!

Bunch of idiots these developers! They dont want to show anyone the progress/or lack of progress on their developments!

welcome to dubai

Looks like Trident are replacing the interchange with a lake:lol:

http://i37.tinypic.com/2cxsz1c.jpg

Not to mention the complete lack of supertalls in the vicinity!!

^^ TB, do you find the soil composition interesting and ... different, considering the location?

http://i38.tinypic.com/2r3ecnk.jpg

^^ TB, do you find the soil composition interesting and ... different, considering the location?

http://i38.tinypic.com/2r3ecnk.jpg


Greyish brown, silty fine sand with some gravel of laminated calcareous sandstone, class D sandstone.:)

^^Is that the official BS5930 classification:lol: Got one lying around here somewhere.

Altin, the appearance looks very similar to the weak rock witnessed in other pits, only difference is the reddish brownish colouring which may be from the temporary ramp and not from this site. With any sedimentary rock, would expect it to become stronger the deeper the dig.

Bramble, not sure if you are reading from the actual site investigation report, if so can you tell us what the final rock head material is and what depth, thanks.

05/October/2009

Cityscape 2009 , The Pentominium , with spire

http://i38.tinypic.com/ouup1x.jpg

http://i37.tinypic.com/2vx0dqw.jpg

http://i37.tinypic.com/2ef5d93.jpg

http://i34.tinypic.com/258phtv.jpg

http://i36.tinypic.com/2e2184k.jpg

http://i35.tinypic.com/ddgvw2.jpg

05/October/2009

Cityscape 2009 , The Pentominium , without spire :)

http://i37.tinypic.com/jabc7c.jpg

http://i35.tinypic.com/f0xik0.jpg

http://i37.tinypic.com/f2q9p0.jpg

^^Is that the official BS5930 classification:lol: Got one lying around here somewhere.

Altin, the appearance looks very similar to the weak rock witnessed in other pits, only difference is the reddish brownish colouring which may be from the temporary ramp and not from this site. With any sedimentary rock, would expect it to become stronger the deeper the dig.

Bramble, not sure if you are reading from the actual site investigation report, if so can you tell us what the final rock head material is and what depth, thanks.

Varies betwen gypsum rock and dense siltstone. -94m:)

^^Thanks for the info. :)

09/October/2009

The Pentominium

http://i37.tinypic.com/516ce9.jpg

http://i37.tinypic.com/2v1s1e1.jpg

http://i33.tinypic.com/5uk58p.jpg

http://i36.tinypic.com/29gkabo.jpg

http://i38.tinypic.com/e04thj.jpg

Awesome!

16/October/2009

The Pentominium

http://i36.tinypic.com/245hwee.jpg

http://i35.tinypic.com/2zp0785.jpg

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

http://i35.tinypic.com/2cmwu8m.jpg

http://i36.tinypic.com/nx5r9l.jpg

:omg: Crane has arrived !!! :omg:

stfu lol , anyone that has invested in this tower will see a big win in 5 years

The Princess Tower is expected to lose its crown as the tallest residential building in the last quarter of 2013 when The Pentominium, a 129-storey project, also being built by ACC in Dubai Marina, is completed.

http://www.constructionweekonline.com/article-6657-the-crown-jewel/

:cheers:

Originally Posted by Parisian Girl

The Princess Tower is expected to lose its crown as the tallest residential building in the last quarter of 2013 when The Pentominium, a 129-storey project, also being built by ACC in Dubai Marina, is completed.

http://www.constructionweekonline.co...e-crown-jewel/


completion in 2013? come on Trident, are you insane????:bash:

What about missrepresentation? is that ok here in Dubai?

^^ Do you really believe it can be completed before that? I say even that can be optimistic.

Originally Posted by Parisian Girl

The Princess Tower is expected to lose its crown as the tallest residential building in the last quarter of 2013 when The Pentominium, a 129-storey project, also being built by ACC in Dubai Marina, is completed.

http://www.constructionweekonline.co...e-crown-jewel/


completion in 2013? come on Trident, are you insane????:bash:

What about missrepresentation? is that ok here in Dubai?

Paul, are you serious? Of course misrepresentation is OK in Dubai............in fact its welcomed. End of 2013, I guess its possible, but I would say pretty unlikely, especially if you expect them to deliver anything like the standard they have promised

23/October/2009

The Pentominium

http://i38.tinypic.com/24n17x1.jpg

http://i35.tinypic.com/4hcjzn.jpg

http://i33.tinypic.com/2q1b4f5.jpg

http://i37.tinypic.com/o6egzr.jpg

http://i34.tinypic.com/255ta2f.jpg

crazy, can somebody tell the guy in the digger crane that his 'bucket' is 30 ft away from soil level!! :nuts::nuts::lol:

Lovely updates,

29/October/2009

The Pentominium

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

http://i35.tinypic.com/4tm35y.jpg

30/October/2009

The Pentominium

http://i37.tinypic.com/339kn84.jpg

http://i38.tinypic.com/30jtct1.jpg

http://i35.tinypic.com/11afy12.jpg

http://i37.tinypic.com/hv5mae.jpg

http://i33.tinypic.com/5mhcat.jpg

http://i35.tinypic.com/28w319v.jpg

http://i35.tinypic.com/2e3yg4o.jpg

http://i36.tinypic.com/3309s2q.jpg

http://i38.tinypic.com/bdo4g9.jpg

http://i35.tinypic.com/dm40f9.jpg

ground work semms to be nearly done, maybe 75%. Raft for december seems possible.

crazy, can somebody tell the guy in the digger crane that his 'bucket' is 30 ft away from soil level!! :nuts::nuts::lol:

Lovely updates,

He's reaching that no problem. Imres picture was taken while he was half way down with his long reach dipper arm. These machines are designed for dredging use and can dig almost vertical straight down.

Raft by end December will be a massive acheivement. I wouldn't like to hazard a guess at the tonnage of rebar that will needed to form the cage.

Obviously the temporary tower crane is the means of lifting it all down there.

^^ I think they can leave it for the construction of the basement levels as well. However they would need a second one then on the other side.

Normally they cast a mast section into the raft slab. This gives a massive advantage(pardon the pun) in reducing the centre of gravity of the crane and providing the most stable base possible.

Tower cranes are more effective positioned near the centre of the building. For example the building core and a few on the perimeter of the frame. They can still reach the road for unloading lorries and can then transfer the delivery to any part on the structure.

I see you are an expert regarding this so you will be right :)

In most cases you see the cranes inside the buildings that is true. Only a very few buildings have outside cranes.

30/October/2009

Dubai Marina , tallest block

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

http://i36.tinypic.com/2q3y80m.jpg

Normally they cast a mast section into the raft slab. This gives a massive advantage(pardon the pun) in reducing the centre of gravity of the crane and providing the most stable base possible.

Tower cranes are more effective positioned near the centre of the building. For example the building core and a few on the perimeter of the frame. They can still reach the road for unloading lorries and can then transfer the delivery to any part on the structure.


today:

http://i36.tinypic.com/9pnmvm.jpg

http://i37.tinypic.com/mk83n5.jpg

TBLR :)

True Blue Likes the Rangers (or loves )

red sign but blue cables

:cheers:

^^:laugh: Brilliant! Red sign, blue cables and white board. The red white and blues:banana:

I noticed the TB in pics above but thought better not say anything incase I get blamed for graffiti:)

I have no idea what that board is for but would guess flood lights.

No, the real question is: how did they get those excavating machines out of the pit? They must be too heavy to lift by any normal crane!

23/October/2009

http://i35.tinypic.com/4hcjzn.jpg

with mobile crane

today:


TBLR :)

True Blue Likes the Rangers (or loves )

red sign but blue cables

:cheers:

L for Left
R for Right

T Top
B Bottom

He's reaching that no problem. Imres picture was taken while he was half way down with his long reach dipper arm. These machines are designed for dredging use and can dig almost vertical straight down.

Raft by end December will be a massive acheivement. I wouldn't like to hazard a guess at the tonnage of rebar that will needed to form the cage.

5000T:)

Obviously the temporary tower crane is the means of lifting it all down there.:)

^^Thanks again

5000 Tonnes of rebar, WOW! That is around 140 trailer loads of steel. I suppose if they take an average delivery of 3 trailer loads per day and fix them, there is a chance of end December for the big pour.

Whoa, 5000 tonnes of rebar! :shocked: That's incredible! Really hope they get the raft down by end of year though.

Whoa, 5000 tonnes of rebar! :shocked: That's incredible! Really hope they get the raft down by end of year though.


Together with nearly 15000m3 of concrete it will be tight:)

very fast progress here , maybe they want the Marina 106 Tower also thats why the massive site offices mobilisation :)

06/November/2009

The Pentominium

http://i37.tinypic.com/358t9bp.jpg

http://i37.tinypic.com/ir6irr.jpg

http://i36.tinypic.com/x4j792.jpg

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

http://i36.tinypic.com/ff6zyp.jpg

06/November/2009

The Pentominium

2 more pics

http://i36.tinypic.com/2yn2tdf.jpg

http://i35.tinypic.com/1zd4qv.jpg

Together with nearly 15000m3 of concrete it will be tight:)

I can only imagine how perfect this particular stage of the works has to be...I mean placing a 500m+ building in such a small plot has to be a fantastic challenge for the builders. The pressure and stresses on these foundations must be immense...:nuts: :)

the cranes and diggers have been lifted out?! and no pics to witness the massive lift,.. this is progressing well (so far)

13/November/2009

The Pentominium

http://i37.tinypic.com/2s9b0p3.jpg

http://i37.tinypic.com/104nw4w.jpg

http://i36.tinypic.com/1z6r62c.jpg

http://i34.tinypic.com/34owjcy.jpg

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

http://i35.tinypic.com/f83u0.jpg

http://i37.tinypic.com/scb41h.jpg

20/November/2009

The Pentominium

http://i48.tinypic.com/23mlw3.jpg

http://i49.tinypic.com/fm4evc.jpg

http://i47.tinypic.com/6olnd3.jpg

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

http://i49.tinypic.com/xnahj5.jpg

3 more pics,it seems that they dont have any steel problems:)

20/November/2009

The Pentominium, the steel yard

http://i46.tinypic.com/muekx1.jpg

http://i47.tinypic.com/ezjx4l.jpg

http://i49.tinypic.com/2nt9shk.jpg

26/November/2009

The Pentominium, amazing speed, grand concrete pouring on December?

I see this project from my balcony so I will be there if I see the aliens:)

http://i47.tinypic.com/cko6s.jpg

http://i49.tinypic.com/2qx8f0n.jpg

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

http://i46.tinypic.com/1127cqt.jpg

Speed is amazing. I calculated 3 trailor loads of steel a day for December pour and in the last set of pics you can count 3 trailers getting or waiting to be unloaded. So they are going for it!

Remember also this is a holiday weekend where most other sites are on go slow or closed:)

28/November/2009

The Pentominium

this one is very fast :)

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

http://i47.tinypic.com/sql8o9.jpg

http://i50.tinypic.com/119uu5x.jpg

Very impressive. Looking forward to the 'aliens'!

Dubai is so bankrupt :doh: :lol:

29/November/2009

Dubai Marina tallest block

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

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

http://i50.tinypic.com/2v3oc3k.jpg
http://i50.tinypic.com/xnxi4l.jpg

^^That tanking membrane is damn sticky, like human fly paper:lol:

Thanks to Charlie!
http://i50.tinypic.com/2n9c3ro.jpg

Bramble,

Do you have any info about the grand concrete pouring date ?:)

^^That tanking membrane is damn sticky, like human fly paper:lol:

Is this what you do for a living TB ?

^^Nearly 30 years in the business, there is not much I haven't done:)

04/December/2009

Pentominium

http://i49.tinypic.com/rck93d.jpg

http://i48.tinypic.com/wbvq7m.jpg

http://i48.tinypic.com/24x2tn4.jpg

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

http://i48.tinypic.com/2hrfo6c.jpg

Bramble,

Do you have any info about the grand concrete pouring date ?:)


Mid January:)

Mid January:)

Thanks, I will try to take pics from the bridge :)

It will be a big event , I have almost all grand concrete pouring pics at Dubai Marina tallest block, only this and the Marina 106 left :)

speedy work, I cant wait to see what this becomes in 3 years

10/December/2009

Pentominium plot

http://i49.tinypic.com/2nl47l1.jpg

http://i47.tinypic.com/105ccw4.jpg

11/December/2009

Pentominium

http://i49.tinypic.com/ogjj89.jpg

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

http://i48.tinypic.com/10zybd3.jpg

http://i46.tinypic.com/id53rs.jpg

http://i46.tinypic.com/289wh2w.jpg

Thanks, I will try to take pics from the bridge :)

It will be a big event , I have almost all grand concrete pouring pics at Dubai Marina tallest block, only this and the Marina 106 left :)


Pouring date may be earlier than mid Jan, i will keep you advised:)

Pouring date may be earlier than mid Jan, i will keep you advised:)


many thanks, swimming pool is done now?:)

Looks like the bottom mat of rebar is about done and setting up supports for the top mat now. I hope they leave enough space between the bars to get the concrete through. Going to be interesting to see how they distribute and place the concrete below the top mat.

They will be pouring this raft at the best time of year.:)

many thanks, swimming pool is done now?:)

:lol ::)

many thanks, swimming pool is done now?:)

:lol: :)

18/December/2009

Pentominium

http://i46.tinypic.com/aau1eh.jpg

http://i46.tinypic.com/2j644d2.jpg

http://i48.tinypic.com/vx1ybs.jpg

http://i46.tinypic.com/2yoq0ew.jpg

http://i48.tinypic.com/153kv4i.jpg

Thanks, I will try to take pics from the bridge :)

It will be a big event , I have almost all grand concrete pouring pics at Dubai Marina tallest block, only this and the Marina 106 left :)


Imre,

due to the incredible onsite progress it is probable that the pour will now be at the end of this month!:)

Wonder how many de-faulters there will be on this project??? Prices started from +£2m, at +2000aed per sq/ft is it worth continuing with payments if the marina is now priced at 1000 - 1400aed sq/ft?

very good question - same scenario applys to all apartments priced, sold and contracts signed in the boom times just before the property crash. It will take a long time to recover any losses, irrespective of size -property purchases are a long term commitment. Flippers who purchased in this period will have to complete the payments and hold for a long period of time to re-coup any losses. Anyone without capital or finance will be caught out, remains to be seen how many units will fall into the category. A few I bet. :)

very good question - same scenario applys to all apartments priced, sold and contracts signed in the boom times just before the property crash. It will take a long time to recover any losses, irrespective of size -property purchases are a long term commitment. Flippers who purchased in this period will have to complete the payments and hold for a long period of time to re-coup any losses. Anyone without capital or finance will be caught out, remains to be seen how many units will fall into the category. A few I bet. :)

This project is kind of hard to judge to be honest. Those big duplex penthouses were probably bought mostly by people who truly wanted them so I think relatively speaking, the speculator ratio in this project is lower than usual. Having said that, I personally think this is about the worst location in Marina and they are extremely overpriced so I would personally default a long time ago and take my money to somewhere with a sea view.

If they sold at 2,000 aed/sq ft, and construction costs are now around 400ish, all they need is 20% of investors to remain on board in order to build this. Considering the project design, target, and developer that 20% should be easy to reach.

This project is kind of hard to judge to be honest. Those big duplex penthouses were probably bought mostly by people who truly wanted them so I think relatively speaking, the speculator ratio in this project is lower than usual. Having said that, I personally think this is about the worst location in Marina and they are extremely overpriced so I would personally default a long time ago and take my money to somewhere with a sea view.

Even if ALL the buyers were end users and intended on keeping them they would still be in a negative equity position...No mater how wealthy the clients here are its still bad business. I wonder what would happen to Trident if nearly all the clients defaulted? Its a possible scenario....

Imre,

due to the incredible onsite progress it is probable that the pour will now be at the end of this month!:)

Thanks for the info Bramble, I think it will be a 2-3 days non stop event.

They are very lucky because can use the Marina Arcade site otherwise the logistic would be very hard:)

Interesting comments....... I wonder what effect the cancellation of the permenant residency visa will have here ??

Interesting comments....... I wonder what effect the cancellation of the permenant residency visa will have here ??

It will encourage people to get illegal/bogus employment visa's so they dont have to keep leaving the UAE every 6 months and then having to re-apply for a new 6 month entry visa.....

Thanks for the info Bramble, I think it will be a 2-3 days non stop event.

They are very lucky because can use the Marina Arcade site otherwise the logistic would be very hard:)


Yes it will be a 3/4 day non stop pour.

The logistics will be amazing!:)

Yes it will be a 3/4 day non stop pour.

The logistics will be amazing!:)

I am sure:)

I just checked the site today, actually they can use 2 sides for pumping , the main one should be the Ocean Heights facing side, thats good for 6-8 pumps, the space opposite the site offices is not too big , maybe just enough for 2-3 pumps.

Onother side is the facing the bridge, thats good only 2 pumps but they have to close the small service road but the access for the mixers still not easy so maybe they will not use this one.

I think it would be easiest to connect a pipeline up SZR to Al Barsha and straight into the batching plant. Then you would not need any truck mixers. Could hang the pipe from the metro viaducts.:)

This project is kind of hard to judge to be honest. Those big duplex penthouses were probably bought mostly by people who truly wanted them so I think relatively speaking, the speculator ratio in this project is lower than usual. Having said that, I personally think this is about the worst location in Marina and they are extremely overpriced so I would personally default a long time ago and take my money to somewhere with a sea view.

On higher floors the views will be amazing. I think having other buildings around you and still able to have good views is better than having just a view of the sea and no buildings whatsoever in the way.

25/December/2009

Pentominium

http://i49.tinypic.com/33lgzkx.jpg

http://i50.tinypic.com/339luh0.jpg

http://i48.tinypic.com/28rf9j9.jpg

http://i46.tinypic.com/2jfj9le.jpg

http://i48.tinypic.com/15mmv11.jpg

God, so much steel.... :omg: :eek:

God, so much steel.... :omg: :eek:

Yeah! Going to require care to ensure the concrete gets in and around the rebar without forming any voids.

I expected to see some openings where men could access the lower levels and monitor the pour from inside the cage. Experienced eyes need to be inside making sure the bottom mat of steel gets properly encased in concrete with no voids.

Note to Bramble; I have done some long span bridge decks with similar density of rebar and we used 10mm max size granite aggregate in the first layers of concrete which would be going round the bars. This helps with compacting concrete into tight spaces. Wondered if you had considered this option for here.

Correction, just noticed the opening with the ladder access to the bottom mat in Imre's 3rd pic..:)

This is amazing, so that's the outline of where the core walls, etc, will be. How come they have put the rebar there like that when it'll all be covered over with concrete? I thought they usually make the foundation slab and then start building on top of it.

^^ To make a good connection between the core and the foundationslab the rebar needs to stick into the slab. Otherwise the (wind)loads can't be transferred to the foundationslab and the piles underneath it. The concrete will only come to just on top of the horizontal rebar.

For example look at the foundation of Ocean Heights

23/November/2007

Ocean Heights

still pouring with 11 pumps ,workers said 9+2 extra and 2 concrete laboratories over there.

http://img263.imageshack.us/img263/2236/imresolt077ya7.jpg (http://imageshack.us)

Incredible speed.

Correction, just noticed the opening with the ladder access to the bottom mat in Imre's 3rd pic..:)


Your staments are accurate.....men will be inside the reinforcement cage to ensure correct concrete placement, and the aggregate size is small to cope with the high density of the reinforcement :)

This is amazing, so that's the outline of where the core walls, etc, will be. How come they have put the rebar there like that when it'll all be covered over with concrete? I thought they usually make the foundation slab and then start building on top of it.


The building is so tall and slender.... it is essential that it is tied into the raft at this level:)

I saw around 20 mixers yesterday on the Sufouh Road and I thought that the grand pouring started :)

01/January/2010

Pentominium , while I was taking these pics someone from the ACC came and said no pics from the bridge and even no look :)

This is a new rules in Dubai or I just met an idiot again?:)

http://i48.tinypic.com/2m41x0o.jpg

http://i45.tinypic.com/rc2454.jpg

http://i50.tinypic.com/20axe7a.jpg

What a great way to start the new year.

fab start, keep the photos coming in, its history in the making.:)

Right on queue:applause:

Right on queue:applause:


Pour completed yesterday evening at approx 20.00 hrs, 46 hours duration!:)

how will they test the pour and strength of the concrete (if at all) before progressing onto the next stage of the process?

how will they test the pour and strength of the concrete (if at all) before progressing onto the next stage of the process?


Samples were taken from numerous delivery trucks, cubes were made and will then be tested for strength over various time periods:)

^^Congrats on the pour!

Bramble, do you know if they used retarded set admixtures to help control the heat build up and thermal effects within the concrete?
This would also be a benefit in keeping the concrete workable/plastic thoughout the pour.

I know that premixing with ice is a commonly used method in this region. Funny because we have to preheat the water in our region:lol:

^^Congrats on the pour!

Bramble, do you know if they used retarded set admixtures to help control the heat build up and thermal effects within the concrete?
This would also be a benefit in keeping the concrete workable/plastic thoughout the pour.

I know that premixing with ice is a commonly used method in this region. Funny because we have to preheat the water in our region:lol:


Just a chilled, pour mix designed concrete with small gravel to ensure an uninterupted flow between the dense bar reinforcement:)

Samples were taken from numerous delivery trucks, cubes were made and will then be tested for strength over various time periods:)

I asked in Manhattan what would happen if a concrete strength test seriously failed at 30 days when they may have placed another 10 storeys on top at the rate they were going - storey every 2 working days. The simple answer was that they would jack up the upper storeys, chip out and repour - wow!!

Now what happens when they have a concrete strength failures in the middle of this? Fingers crossed I guess?

How often, if at all do cube tests fail ?

Samples were taken from numerous delivery trucks, cubes were made and will then be tested for strength over various time periods:)

Cheers Bramble :cheers:

How often, if at all do cube tests fail ?
Depends on the batching QA. The cost of a defective batch of concrete could be prohibitively expensive for the concrete company so they put a little insurance into the mix to make sure the target strenghts are achieved easily.

I can't remember the exact figures off hand but you are allowed 3% failures within about 5% of target strength or thereabouts. The design codes make allowance for workmanship and materials not being spot on, again can't remember the exact figures but I'm sure it's about 0.87 for rebar. So rebar failures, bad workmanship and poor cover can amount to 13% in defects. When I worked in a design office the design code was called CP110 then it progressed to BS8110, haven't a clue what it is now as it is purely contracting I deal with.

In a raft slab like this, a few failures is not a problem as long as the majority is to spec. If there was a failure in a cube or (cylinder under the new EU code) taken from a column pour then that could be a catastrophie, but not always. Samples are crushed every few days and compared against known strength gain charts. This will show early if there is a potential problem and if the contractor fires on then he must be sure he can solve it to the satisfaction of the design team or else it will be a costly redo.

Depends on the batching QA. The cost of a defective batch of concrete could be prohibitively expensive for the concrete company so they put a little insurance into the mix to make sure the target strenghts are achieved easily.

I can't remember the exact figures off hand but you are allowed 3% failures within about 5% of target strength or thereabouts. The design codes make allowance for workmanship and materials not being spot on, again can't remember the exact figures but I'm sure it's about 0.87 for rebar. So rebar failures, bad workmanship and poor cover can amount to 13% in defects. When I worked in a design office the design code was called CP110 then it progressed to BS8110, haven't a clue what it is now as it is purely contracting I deal with.

In a raft slab like this, a few failures is not a problem as long as the majority is to spec. If there was a failure in a cube or (cylinder under the new EU code) taken from a column pour then that could be a catastrophie, but not always. Samples are crushed every few days and compared against known strength gain charts. This will show early if there is a potential problem and if the contractor fires on then he must be sure he can solve it to the satisfaction of the design team or else it will be a costly redo.

Correct T.B....the mix is overdesigned to reduce the risk of progressive or final strength failure. The Q.A input prior to the pour was intense:)

08/January/2010

Pentominium

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

http://i50.tinypic.com/v8fqit.jpg

http://i45.tinypic.com/34ne1.jpg

http://i46.tinypic.com/2yud2qw.jpg

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

Change to under construction !!

wow, this one will probably beat the record for worlds fastest construction.

not hanging around on this construction...surely they will need to let the concrete set off for a period of time?

13/January/2010

Pentominium

http://i46.tinypic.com/nmc7jn.jpg

http://i46.tinypic.com/70vnyb.jpg

15/January/2010

Pentominium, new crane installation

http://i47.tinypic.com/2z9bioi.jpg

http://i45.tinypic.com/16j0kma.jpg

http://i50.tinypic.com/728vmu.jpg

http://i46.tinypic.com/2d9qh4.jpg

http://i48.tinypic.com/2wnw8cp.jpg

I would be curious to know how they plan to create the very big balconies (with 4 or 5 floors each) which characterize this project.

Structurally speaking, it wont be easy to manage that because they will have to put horizontal steel and to put concrete around it without having anything under it (it's the principle of a balcony, but I had never seen balconies with many floors before that project)

With Burj Khalifa done, and the metro, and meydan nearing it's end, this has to be the most interesting project to follow the next couple of years. :)

I would be curious to know how they plan to create the very big balconies (with 4 or 5 floors each) which characterize this project.

Structurally speaking, it wont be easy to manage that because they will have to put horizontal steel and to put concrete around it without having anything under it (it's the principle of a balcony, but I had never seen balconies with many floors before that project)

It is explained at the start of the thread. The technology is based on a post stressed beam set vertically as opposed to horizontally.

22/January/2010

Pentominium

http://i46.tinypic.com/10pzk0h.jpg

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

http://i50.tinypic.com/35i6avb.jpg

http://i50.tinypic.com/14tx0o.jpg

http://i45.tinypic.com/b3sawl.jpg

Did they try to stop you from snapping photos from the flyover, Imre? They tried to stop me about a week ago. I ignored them--they don't own the flyover. It's a public area and besides there are towers all around from which anyone can point a camera.

Did they try to stop you from snapping photos from the flyover, Imre? They tried to stop me about a week ago. I ignored them--they don't own the flyover. It's a public area and besides there are towers all around from which anyone can point a camera.

Someone was waving today but honestly I dont care , if they close the bridge I can go to the Al Seef Tower or 23 Marina etc..

They are just funny with this.

Honestly , what will they do if its rising, they will close the whole area , all towers, all balconies??? :)

29/January/2010

Pentominium

http://i46.tinypic.com/122lu6h.jpg

http://i46.tinypic.com/vz96jm.jpg

http://i50.tinypic.com/116qezs.jpg

http://i50.tinypic.com/25au8lk.jpg

http://i46.tinypic.com/2ir7q6u.jpg

Did they try to stop you from snapping photos from the flyover, Imre? They tried to stop me about a week ago. I ignored them--they don't own the flyover. It's a public area and besides there are towers all around from which anyone can point a camera.

05/February/2010

Pentominium

This guy said that not allowed to take pics there so maybe he is the owner of the brigde? :)

http://i50.tinypic.com/24o3xo0.jpg

Just cos he sleeps in a cardboard box under the bridge, doesn't make him the owner.

You can tell him I said that. :)

Just cos he sleeps in a cardboard box under the bridge, doesn't make him the owner.

You can tell him I said that. :)

Next time if you are in Dubai we will visit the bridge (if they wont remove or close) and you should tell him:)

05/February/2010

Pentominium

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

http://i46.tinypic.com/27xdksh.jpg

http://i49.tinypic.com/33cm713.jpg

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

http://i49.tinypic.com/2v1254m.jpg

http://i48.tinypic.com/34golrt.jpg

http://i48.tinypic.com/2z6f3w1.jpg

12/February/2010

Pentominium

http://i48.tinypic.com/eld103.jpg

http://i48.tinypic.com/mvjod2.jpg

http://i48.tinypic.com/10gwy80.jpg

http://i46.tinypic.com/2zye6ic.jpg

http://i49.tinypic.com/10fueev.jpg

Moving very fast. Don't let the lack of labour in the above pics fool you, they have obviously been working through the night pouring the suspended slab and a couple of guys are just floating off the surface now.

Hope it will grow up with this speed !! :eek:

This is what I call light speed in construction terms. If it can keep this up, I think it could be completed much quicker! :cheers:

19/February/2010

Pentominium

http://i47.tinypic.com/2lstog9.jpg

http://i45.tinypic.com/71kwsm.jpg

http://i49.tinypic.com/142wh9v.jpg

http://i46.tinypic.com/2e4dgdc.jpg

http://i50.tinypic.com/5mmuyb.jpg

23/February/2010

Pentominium

http://i45.tinypic.com/v7xnp4.jpg

http://i47.tinypic.com/2r2mxs8.jpg

http://i48.tinypic.com/icn2ia.jpg

23/February/2010

Pentominium

http://i48.tinypic.com/2udx9ix.jpg

Core is rising fast ! Awesome :eek:

05/March/2010

Pentominium

http://i48.tinypic.com/25ouf5v.jpg

http://i49.tinypic.com/11hv5uu.jpg

http://i48.tinypic.com/27yctxh.jpg

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

http://i49.tinypic.com/1zflmra.jpg

2 weeks and it's upper ground ! :eek:

It doesn't seem to be upper ground yet.... :?

this developer seems to be speeding things along, just give it a bit of time, they seem committed to this project.

this developer seems to be speeding things along, just give it a bit of time, they seem committed to this project.

Were they not commited to their other projects?

12/March/2010

Pentominium

http://i43.tinypic.com/35c4fhk.jpg

http://i42.tinypic.com/1zbdr3m.jpg

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

http://i42.tinypic.com/1sfbc0.jpg

http://i41.tinypic.com/dh5y6g.jpg

18/March/2010

Pentominium

http://i42.tinypic.com/2epr2hu.jpg

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

19/March/2010

Pentominium, one crane removed any idea why?

http://i43.tinypic.com/20rvl89.jpg

http://i39.tinypic.com/nn8rr5.jpg

http://i39.tinypic.com/b66ijq.jpg

http://i39.tinypic.com/352kqbo.jpg

http://i39.tinypic.com/ou5f1x.jpg

19/March/2010

Pentominium

http://i39.tinypic.com/316u2hf.jpg

http://i40.tinypic.com/2eq6pmp.jpg

http://i41.tinypic.com/bi19w0.jpg

http://i40.tinypic.com/qx2vx5.jpg

http://i43.tinypic.com/20jpztg.jpg

http://i40.tinypic.com/13yqzoo.jpg

http://i41.tinypic.com/2nrcyo3.jpg

http://i41.tinypic.com/20s5zpc.jpg

http://i43.tinypic.com/mncj6.jpg

Can someone please let me know what is happening to the piece of raised land just before the Plent and also the plot between the 2 towers in the fore ground?

Between Mag 216 and the piece of raised land is supposed to be Marina 106 but that is on hold and could well be never built. On the raised land is another plot so possibility for another tower there but nobody knows anything of what's going on there. Between the raised land and the pentominium is an entrance to that mall that's supposed to go in between all the towers and also between the two towers in the foreground.

Many thanks.

I reckon 7 years before they get there keys to this monster.

A.

C'mon Al it's ACC here, not DCE!:lol:

As long as the cashflow is unrestricted I expect to see this finished sometime 2014.

I would love a ride in that slipform when she's travelling, would be great to see it all operating:)

Any up dates ? It should be way above ground by now.

Don't worry, Imre will be back soon.

I am back :)

16/April/2010

Pentominium

http://i40.tinypic.com/f3w5ko.jpg

http://i40.tinypic.com/2ij2fso.jpg

http://i44.tinypic.com/b6opjl.jpg

http://i41.tinypic.com/w6ujb4.jpg

http://i43.tinypic.com/21aziw3.jpg

I though the plot was flooded in that second picture for a moment :D

One more floor and its at ground level

It is moving at a pace, can't wait to see the main structure

23/April/2010

Pentominium , so above the ground level now

http://i39.tinypic.com/334uaoh.jpg

http://i41.tinypic.com/2w6toqh.jpg

http://i41.tinypic.com/f9nyip.jpg

http://i40.tinypic.com/2n22tz6.jpg

http://i40.tinypic.com/2wfvfp1.jpg

30/April/2010

Pentominium

http://i41.tinypic.com/14b0ok7.jpg

http://i44.tinypic.com/22n5ky.jpg

http://i39.tinypic.com/9jzvq1.jpg

http://i42.tinypic.com/2m6n41l.jpg

http://i44.tinypic.com/2nb82rt.jpg

Can see this now when driving by so well up above the pavement. So much rebar. It will be very interesting to see how many days per floor rise this will take once past the podium.

07/May/2010

Pentominium, bridge was busy today but rising and pics will be easyer from now :)

http://i41.tinypic.com/r8unv7.jpg

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

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

http://i43.tinypic.com/svj3is.jpg

http://i42.tinypic.com/1z1bwap.jpg

07/May/2010

Pentominium,changing again the crane location ? :)

http://i42.tinypic.com/ighfs9.jpg

http://i40.tinypic.com/2akh0nt.jpg

http://i41.tinypic.com/28me51j.jpg

http://i39.tinypic.com/2r1zg5g.jpg

http://i44.tinypic.com/3309t82.jpg

07/May/2010

Pentominium

http://i39.tinypic.com/2ppwio1.jpg

http://i44.tinypic.com/29ndro1.jpg

http://i40.tinypic.com/2zqwn6t.jpg

http://i44.tinypic.com/1zbwkk3.jpg

07/May/2010

Pentominium

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

http://i42.tinypic.com/1555b2w.jpg

http://i40.tinypic.com/9teeft.jpg

http://i40.tinypic.com/t6sbp4.jpg

http://i41.tinypic.com/27zcb53.jpg

I was right , ACC moving the site offices of the Pentominium here , probably the main construction of the Marina Arcade and Madain Hotel will start soon.

07/May/2010

Some new site offices close to The Summit , opposite the MAG 218 Tower, I saw there ACC sign so maybe for the Pentominium?

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

http://i43.tinypic.com/11v7aqv.jpg

http://i40.tinypic.com/289g5jp.jpg

http://i43.tinypic.com/209h6av.jpg

13/May/2010

Pentominium plot and new site offices

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

http://i43.tinypic.com/izaus6.jpg

http://i40.tinypic.com/30kx4cn.jpg

Has anyone posted this (http://static.worldarchitecturenews.com/news_images/1080_3_1000%20Aedas%20Pentominium%204.jpg) section of pentominium yet? Could become very useful when Pentomimium is rising... :cheers:

:omg: :omg:

I'M VERY IMPRESSIVE, I THOUGHT THAT THIS BUILDING WAS... ON HOLD OR CANCELLED

:banana: CONGRATULATIONS BECAUSE THE TOWER IS SO BEAUTIFUL :bow:

:omg: :omg:

I'M VERY IMPRESSIVE, I THOUGHT THAT THIS BUILDING WAS... ON HOLD OR CANCELLED

:banana: CONGRATULATIONS BECAUSE THE TOWER IS SO BEAUTIFUL :bow:
Its a long long way off of becoming beautiful....

The brochure is but then again look at TGR's brochure!

If Trident cant get it together on a simple tower like TGR then how can they have a cat in hells chance of completing the Pentominium???

I had no idea that the floors are not on the same height in both sides of the tower. This seems quite strange, really. So to visit your neighbor you're gonna have to go down to the lobby and then take another elevator back up or what? This seems stupid.