^^

PM, As you say there is a huge selection of tiles that you can find here in Dubai, marble granite etc and great quality and cheap. Even the labour to place the tiles are cheap out here, which surprises me why anyone would go for the lesser quality product in the first place

propertymagnet

you can send me the pictures and i can upload for you

No automatic residency for property buyers in Dubai
By Bassma Al Jandaly, Staff Reporter
Published: June 23, 2008, 23:33
Dubai: Property buyers should not expect an automatic residence visa upon purchasing property in Dubai, a top official clarified.
"There is no direct link between property ownership and residence visas. Developers should not lure investors to property sector with a promise of residence visa," Marwan Bin Galita, chief executive of Dubai's Real Estate Regulatory Agency (Rera) told Gulf News on Monday.
Bin Galita said a proposal has been submitted to the concerned authorities to issue property investors a visit visa that allows them to travel in and out of the country to follow up their investments in the property market.

"The suggestion, if approved, might be implemented at a federal level, especially that the local laws of most emirates allow foreign ownership of property.
The visit visa could replace the residence visa, which was issued by some developers in Dubai for those who bought property in their projects."
Bin Galita said the suggested visa is similar to visas issued by foreign countries for property investors as in the US there are more than 250 kinds of visas.

"Those visas will be of many kinds. For example, it could be for two weeks for the person to come and collect the rent or it could be for another specific time to follow up the issue of the investment," he said.

"The visa will have various privileges in line with the size of the investor's investments, and expires once the owned property is sold. Those who earlier acquired residence visas linked to their properties, could have their status amended, should the new legislation take effect," he said.
He added that if the suggestion was approved, then the visa for those who own properties here and want to enter the country will be applied through the residency department and it will be issued in accordance to the volume of the investment also.
"We have to think about the future and about all the possibilities," he added.
Regulation
He said there is a need to regulate this matter and to look at it from all the sides in order to avoid any problems in the future. "Investors must understand that owning property in Dubai is not a pre-requisite for having a residence visa," he said.
"I need to repeat to people not to mix between the residency visa issue and buying property," he said.
Major General Mohammad Ahmad Al Merri told Gulf News there is nothing called "own property and get life-long residency visa".
He said there are rules for issuing residency visa or visit visa and those rules and regulations are from the Ministry of Interior and nobody else. "We are not dealing with property owners. We are issuing our visas as usual as per the law," he said.

http://archive.gulfnews.com/gntv/videos/10223733.html

The clock is also arriving shortly from Belgium, I am told :dunno:

http://archive.gulfnews.com/gntv/videos/10223733.html

The clock is also arriving shortly from Belgium, I am told :dunno:

Mackie, The revolving tower will not be anywhere near Timeplace.

Mackie, The revolving tower will not be anywhere near Timeplace.

Actually we are not 100% sure, yet. It could be anywhere in Dubai. One press release mentioned that David Fisher said he will not announce the exact location in Dubai just yet. It could be located near Timeplace; but I can also be far from it, as you say.

Actually we are not 100% sure, yet. It could be anywhere in Dubai. One press release mentioned that David Fisher said he will not announce the exact location in Dubai just yet. It could be located near Timeplace; but I can also be far from it, as you say.

It will be between the Emirates Tower Hotel and the trade centre apartments.

The plot is already excavated.

Great meeting you, Karen, and seeing your superb work in the kitchen. That and the overall furnishing of the apt is excellent / pleasing. I am sure any tenant should be happy to jump to take your apt on rent. Thanks for taking the trouble to show me around even when I turned up sort-of unannounced. Have a safe trip back.

Great meeting you, Karen, and seeing your superb work in the kitchen. That and the overall furnishing of the apt is excellent / pleasing. I am sure any tenant should be happy to jump to take your apt on rent. Thanks for taking the trouble to show me around even when I turned up sort-of unannounced. Have a safe trip back.

All that outlay will not up your rent? you either do it as a business or get personal and pay the price..?

Ben.

I dont have ' a personal attachment' to any of my properties. I do this for a living. For you information the kitchen replacement cost me £280.00. Looks like I've spent £5000. Trust me I know exactly what Im doing.

Rags.

Thanks for you kind words, it was nice meeting you too.

Nadine and Darren,

I found a piece of plinth and ive given it to marcus.

Margaret.

Handed your letter to Marcus.

Gaz,

Have knocked a couple of times, and hes never in, i will try again tonight, we leave tomorrow, cheers.

Karen
Had a look at the site plan photographs and I think it looks good. Any chance of any others to post on this or the owners site?

Look at this www.timeplacedubaimarina.com. What fantastic apartment is this. Karen has done a brilliant job. I think I am going to hire her when I move into my apartment or if I decide to holiday let. Abraj should have used her to do all the internals we would have had some quality work.

Karen, hope you don't mind me directing people to your web.

This is the apartment www.timeplacedubaimarina.com

http://i36.tinypic.com/2uo93.jpg

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

http://i33.tinypic.com/14jnj40.jpg

http://i35.tinypic.com/207p9qd.jpg

http://i36.tinypic.com/snf8jr.jpg

http://i34.tinypic.com/2qx3odh.jpg

:puke:

I was expecting much better to be honest after all the big talk about dark Arabic Furniture. I think lack of time had too much impact here:runaway:

Sorry mackie but I have seen your apartment.

I think you have a problem with whatever Karen does. Show me any other in Time Place.

Its an investment, I did not spend any money, that is the only difference and you are wrong about the other thing, I just say it as it is :cheers: Why spend anything if you can get 20% in rentals without spending any?

When I was travelling to Dubai a few months ago, I went on the web sites of many of the Short Term rentals and made a file with all typical furnishings, I am happy to send you a copy (a word document), examples of about 50 apartments and they all look exactly like this one. I just expected better when she told Kevan about how much she disliked the dark Arabic Furniture…etc. :nuts:

I think she will be the first to admit that she could have done better if she had more time. :dunno:

Haan and Kevan
thanks for you kind comments.




Mackie,

I do intensely dislike Arabic Furniture, that's why I dont have any.
Obviously you cannot tell the difference between modern contemporary and old fashioned arabic. Maybe I could give you a few lessons in different furniture types.???
With regards to why you should not spend a penny to get 20% return, is because by spending a few grand you can increase your income by 180% on what you would of get on a long term let. You would of been lucky I expect to of got £18,000 for your property( from what I hear the situation was becoming quite desparate with you having your own chair in the apartment building grabbing every single estate agent that walked in in a hope to get your apartment rented but i believe it took some time didnt it?)

With a bit of luck and judgement I reckon i'll pull in £50,000 on the apartment this year.Which is a damn site more that what you will on yours, and i will have the benefit on being able to use my apartment for my own use as and when I feel like it.

I never give myself more that 2 weeks to furnish an investment property. Ive done it in 2 weeks before and I will do it again. Yes its hard work, but I wouldnt of left there unless i was completely happy with the results.

And I am very happy. The proof is in the pudding, the apartment has only been available for rent for 4 days and already i have 9 weeks bookings.

And I think if you look back over the posting what i said to Kevan was that arabic furnishings was an acquired taste, and thats fine, however i wanted to appeal to the mass markets. which i have. Thats why its styled modern and contemporary. And thats why ive got 9 weeks bookings in 4 days, if it was arabic styled it would be a different story.

Watch this space!

^^I touched a nerve obviously :lol:

Somebody has been telling you pokies, I made loads of money in 10 days sitting in that chair of mine but your mates are small timers and would have not even able to understand what it was all about.

Good luck any way, hope you get the £50,000 / year(not in a million years after costs) you are aiming for from a one bedded apartment in the Timeplace considering how Shite you kept telling everybody it was. :cheers:

I think you will find that pokies is spelt porkies, and my daughter doesnt tell lies, shes exactly like her Mother.Straight , honest and say's it as it is.(but far more beautiful)

And I still stand by what i say, Timeplace is an extremely poor quality build, as is a lot of buildings in Dubai. hence why I had to change the bathroom and kitchen to something that I would be prepared to except myself, given I want it to give me £50,000 this year.

I suppose we all have our different views on what earning 'loads of money' is all about.However your obviously happy with your few bob, and thats fine.
And i am quite happy with mine.

By the way Mackie,

could you remind me of my costs again? Just incase ive missed something?

As far as im aware its only electricity and water. service charge and chiller fees. My daughter will clean it for me inbetween lets and do the laundry,there is nothing else as far as im aware, so please let me know why its going to take me a million years to reap back my expenditure.??????

Even if the electricity and water was £200 a month, service charge is less that £1000 and chiller fees less than that. Absolute tops £4000.

That will do for me.

^^ Good luck, I really mean that and not just saying it.

I met with at least 4 short term lets agents that charge 20% of the income. Seen their books and typical occupancy levels (real and not just their thoughts as they said prior to my arrival in Dubai) and after doing the math, it was not worth the hasstle for us as we had our eyes on other bigger and better things. I can assure you that my time was not wasted in Timeplace, without saying much :)

We really wish you the best, I hope you do it and if you do £50,000 this year after cost, I will personally buy you something very nice to say sorry for doubting you. :cheers:

Regarding the taste of furniture, we will just have to agree to disagree on this one.

Propertymagnet,

Not sure I can agree to the use of child slave labour to line you own pockets, unless you get her to clean my apartment also. :lol:

I think your taste is just fine, like the tiles :okay: Infact I may want to talk to you for some helpfull hints on who to use for tiling / kitchens etc.

true blue,

i took my own tiler with me to dubai, as i do kitchens and bathrooms for a living in the uk. you can get your tiles from Rak Ceramics. I drove there and went to the factory, it was like a ford motor plant absolutley huge.Sad thing is its the same place Abraj got the tiles that they did Timeplace with. So they could of done a far better job than what they did.What they did was just purchase old tired stock as it was the cheapest way. And yet the tiles i bought were so so cheap. Abraj must of paid about 10 pence a metre for those tiles they fitted Timeplace with!

Thanks for the kind comments. If i can help just give me a shout, im out again in october.

Karen

Your apartment looks great.

When i did my h/o in May mine was rented out long term within 3 days. I was really happy with this. However, i did not touch any of the bad workmanship of Abraj.

Are you saying if i changed the tiles and slapped a new coat of pain i could of got more on my long term rental.

I thought that was a good deal.

mission,

No not necessarily. The supply and demand is in our favour, and for long term lets you dont really have to do anything other than maybe appliances, blinds.
Im going for a different market, and im also trying to look at the bigger picture. You never know whats in the future, and one day i might have to sell, and i would just stand a better chance with a better kitchen and bathroom . Because of the money im asking for holiday lets you really have to spend a few grand to make it acceptable, as you are in competition with the hotels, thats what your prices are based on. As the hotels and other short term lets are your competition.
The demand is there at the moment in Dubai and will be for a few years yet i beleive, but when it shifts and theres too many apartments for the amount of people that want them, then its a different story, as the tenants have a lot more choice, and only the better apartments will be successful.However thats a long long way off. But in the meantime I will go down the holiday/corporate let route and see how i go. If Im successful i will help others if they want to make more money from there investment.

Karen, I have to concede it looks great.. and has managed to at least spark some action on the thread and that's always entertaining. I'm sure they are just batting you for fun knowing you are going to be drawn in like a fluffy seal in clubbing season!! I may ask you to help with advise when my 3 bed is ready.... if you get through the season unscathed that is..!!

Im fine Ben, and yes no problem you know where I am. Did you sort out the visa thing?

Im fine Ben, and yes no problem you know where I am. Did you sort out the visa thing?

Karen, Thx. I'm trying to sort my place that's near completion in South of France and so not sure when I will be over to Dubai, although I hope around November and December for a holiday when it cools down a bit.

I will pin some hopes on possible Visa assistance from the Torch developer and the places I have in RAK. Im sure it will be resolved once the Government have thought it through..

As I said your place looks great and I intend to review what to do with mine after the first 12 months of rental, i.e. sell, upgrade or re-rent (short v long term) ext.. I will be interested to see how many short term booking you get as it will probably give some idea of the track to take..

Your comments about the US investments are also starting to look more relevant as the market there continues to go down hill and become more attractive, although it is still going to full of Americans??!!

Mission told me there is going to be a car park between Timeplace and Bayside Residence :evil:

I am travelling over in a few days, anybody needs anything (including you PM), give me a shout.:cheers:

Mackie....lucky you !

hope to see you there :master:

What is happening with the famous clock?


[Bijay Ramachandran] The materials have all arrived at the site. They will start the work very soon and hopefully the famous clock should be up there in a short while.


CAN SOMEBODY ON SITE VERIFY THE MATERIALS ARE ON SITE

What is happening with the famous clock?


[Bijay Ramachandran] The materials have all arrived at the site. They will start the work very soon and hopefully the famous clock should be up there in a short while.


CAN SOMEBODY ON SITE VERIFY THE MATERIALS ARE ON SITE

I reckon it will arrive about the same time as the visa's... but I see the reasoning of changing it from the ''sundial''.... I mean a sundial would not need to many moving parts, well maybe just an arrow pointing at the sky!!

I doubt the clock is still happening.

Im fine Ben, and yes no problem you know where I am. Did you sort out the visa thing?


Hi Karen,
Just seen your photo's and I have to say in the time you had its a fantastic finish,,,,Well Done to you and your team....:cheers::cheers::):):okay::okay:

Hi All,
Need some urgent advice. My 2D apartment on the 27th floor has been up for rent for a few weeks now. I've now got a second offer of AED105k. My estate agent says this is the rate that things are renting for in the building and I should take it. Anyone know what the market rate is for rent? I've done nothing to the apartment so am tempted to just take it. Thanks.

Give me a call, My Mobile is in your PM :cheers:

Hi All,
Need some urgent advice. My 2D apartment on the 27th floor has been up for rent for a few weeks now. I've now got a second offer of AED105k. My estate agent says this is the rate that things are renting for in the building and I should take it. Anyone know what the market rate is for rent? I've done nothing to the apartment so am tempted to just take it. Thanks.

Every day you wait some one else will have an apartment ready to rent and there is going to be more choice, hence prices coming down due to over supply and waiting times will become longer. I rented mine, 25th floor (1 x bed) for around AED 125k after a few weeks. I don't think the market is there for short term holiday rents - I would want my money back if it was me, with noise lack of facilities ext. For the sake for a few extra AEDs I would take the first good offer..

They did Ben, you are a wise guy :cheers:

http://www.gnads4u.com/search.html?t=properties&keywords=time+place&pub=D

The number of units available now !!!!!!!!!!

Mackie,are you in Dubai now ?

They did Ben, you are a wise guy :cheers:

http://www.gnads4u.com/search.html?t=properties&keywords=time+place&pub=D

The number of units available now !!!!!!!!!!


- I will take that in the positive context..??!!

Mackie,are you in Dubai now ?

Not yet, I sent you an Email a couple of days back explaining.

- I will take that in the positive context..??!!

I agreed with you because I monitor the amount/type of units coming into the market and if you take Timeplace as an example, 100 units yet to be handed over and out of the other 250 already handed over, only just over a 100 are occupied or rented out already so your analysis were spot on to start with. There are also 8 other towers I am told (By a good agent) that came into the market recently and despite what we keep hearing about short of supply, people are having to lower their rental demands to move them.

You know where I stand on short term having seen the real figures for the last two/three years for buildings with much better facilities such as Marina height...etc.

:doh: ah..sorry Mackie i am too buisy at the moment,

i know the "Blinds-Mission" but you forgot to give me your account number.

cheers

Frank

I agreed with you because I monitor the amount/type of units coming into the market and if you take Timeplace as an example, 100 units yet to be handed over and out of the other 250 already handed over, only just over a 100 are occupied or rented out already so your analysis were spot on to start with. There are also 8 other towers I am told (By a good agent) that came into the market recently and despite what we keep hearing about short of supply, people are having to lower their rental demands to move them.

You know where I stand on short term having seen the real figures for the last two/three years for buildings with much better facilities such as Marina height...etc.[/QUOTE]

Mackie: are you going for short term rentals then?......

Also i was told that the long term rental market was good at the moment... I rented mine out within 3 days.

I rented my apartment out in May for 90k for the year beliving that for the first 6 months to a year the building and area would have teething problems.
Also money is not my God !

borolad

What type have you got?

I have a 1b i got 95k for mine

I rented my apartment out in May for 90k for the year beliving that for the first 6 months to a year the building and area would have teething problems.
Also money is not my God !

No friends and no god, but thanks..

Mission, my apartment is numb 508 a type 2D . It sounds about right me thinks.
Ben 40 :cheers:
try and get out more :lol:

You know where I stand on short term having seen the real figures for the last two/three years for buildings with much better facilities such as Marina height...etc.

Why do you think short term rentals for MH were low? Because the marina is a building site that nobody wants to vacation in or because of something else, poor marketing etc. ? Prices would be much lower than a hotel so should appeal to enough.

Mission, my apartment is numb 508 a type 2D . It sounds about right me thinks.
Ben 40 :cheers:
try and get out more :lol:


are you sure you are not really ''Yoda''......me thinks!!!

Why do you think short term rentals for MH were low? Because the marina is a building site that nobody wants to vacation in or because of something else, poor marketing etc. ? Prices would be much lower than a hotel so should appeal to enough.

There are various reasons, I will list the main ones :


Construction noises and air quality.


The quality and type of marketing which splits into two categories:

Short term rental agents who charge you 20% commission plus servicing and allow weekend bookings, which contributes to 50% of the un-booked periods for middle of weeks and they also do not make or accept any deals during unoccupied periods.
The lack of trust in the other type of marketing, direct via holiday letting web sites (there are about 5 main ones on the web, like holiday rental uk...etc). You should see some of the advertisements which put Dubai Developers to shame when it comes to lying and stretching the truth. With this type, you can advertise your property yourself and because the contact is directly with the owner, you can make all kind of deals but I would not book a holiday myself via this route unless I know the property very well and the payment is protected.



The lack of drinks license in these types of properties, licenses are usually against owner's name.


Actually Marina Height has one of the best occupancy rates of all the ones I have seen because of the Facilities and proximity of Marina Walk. I stayed there three times myself.


@Ben & Gary;

Behave yourselves or I am going to get, you know who to sort you both out :lol: :banana:

There are various reasons, I will list the main ones :


Construction noises and air quality.


The quality and type of marketing which splits into two categories:

Short term rental agents who charge you 20% commission plus servicing and allow weekend bookings, which contributes to 50% of the un-booked periods for middle of weeks and they also do not make or accept any deals during unoccupied periods.
The lack of trust in the other type of marketing, direct via holiday letting web sites (there are about 5 main ones on the web, like holiday rental uk...etc). You should see some of the advertisements which put Dubai Developers to shame when it comes to lying and stretching the truth. With this type, you can advertise your property yourself and because the contact is directly with the owner, you can make all kind of deals but I would not book a holiday myself via this route unless I know the property very well and the payment is protected.



The lack of drinks license in these types of properties, licenses are usually against owner's name.


Actually Marina Height has one of the best occupancy rates of all the ones I have seen because of the Facilities and proximity of Marina Walk. I stayed there three times myself.


@Ben & Gary;

Behave yourselves or I am going to get, you know who to sort you both out :lol: :banana:
Thanks Mackie lol......

Dubai Steve,

Ive been renting out properties for a few years now all on a 'short term rental basis' as it is far more lucrative, than long term.

However the reason why a lot of people fail ,is they wont spend the money intially to make there villa/apartment more appealing. They dont use quality images and website to market there property, and therefore come over as being unprofessional. This business is the easiest business in the world, if you do it right. What other business do you know where you get paid 60 days in advance of the customer getting there product and you dont need any on going stock. There isnt one.

The travel agents are suffering as more and more people are looking to the internet for there next vacation. Apartment/villa rental websites are the way forward, that is why the all in package industry is in decline as more and more people are choosing to book the apartment and flight themselves, and save on under occupancy levels that the travel agents will charge them and all other associated costs , like more money for flying at a specific time.

Some apartmentvilla rental web sites have over 90,000 different properties all over the world, and its growing on a day by day basis.

You will always get the people that will still book with travel agents, as there are still some people out there that think the internet 'is a dirty word', and that will always be that way, however these people are the minority, and the increase is definately going the way of being booking there flights and accommodation separate.

Your assumption is right Steve about why you would question the under occupancy levels of MH, and the answer is I expect that the people havnt invested in there aprtment, do not know how to successfully market it , and wonder why they cant fill there apartment.

I have stayed in marina heights once, (with mackie) althhough the quality of the build was superior to Timeplace, the apartment was very very basic. And there is no comparison at all between my now finished apartment in Timeplace and the one in Marina Heights.

for example.
the sofa bed in the lounge loked like a sofa bed ,madeout of brown fabric.
mine in timeplace is leather and it doesnt look like a sofa bed, it looks like a leather settee.
there were no accessories, decorative pillows and cushions, only 1picture, very basic table and chairs, in comparison to mine, i have loads of accessories and it really is a home from home.
And when people are seacrching the internet you haveto be certain that your apartment/villa is going to stand out amongst the rest.
The above reasons are the reasons why maybe marina heights doesnt get full occupancy or even the accepted which is 65%.
People want more than what the majority of apartment owners are prepared to give there guests.Most apartment owners want to do it on the cheap, and then are asking themselves furthur down the line why it isnt working for them. if people are paying top dollar, they deserve a top dollar place and not something that has been thrown together from ikea.

I agree with what you are saying to a certain degree but I feel that the top dollar furnishings are not needed on any let be it short term or long term. I think it shouldn't look thrown together from IKEA but you can furnish and dress a 1 bed apartment to a high standard drawing in clients without going over the top. People don't travel to Dubai to stay indoors and don't actually spend a lot of time inside to enjoying the surroundings of the apartment. In my opinion with the marina being un-licenced (and a construction site!) people who want luxury are more likely to stay in hotels. We spent most of our time in the various hotels and I wouldn't recommend anyone to stay there in its current condition. With this in mind we have rented our apartment long term for the moment.

I should repharase what ive said Tilly Mint, to 'it should look top dollar if you want a top dollar price' . Completley agree with you about spending a lot of money when there is no need.( All of my soft furnishings were either in the sale or discontinuted lines)And agree with you again about they dont spend a lot of time in the apartment, of course they don't. But one thing your missing here, is that they have got to book with you in the first place,to be able to chose wherther they go out or stay in. YOu have to have the 'right look'for them to make a reservation with you in the beginning.
I really dont understand the licensing thing at all. I really don't . Mind you im new to the Dubai Market, but all my bookings so far nobody has asked me if they can get a drink somewhere close. Not everyone in the world drinks. And not everyone needs to be close to a place where they can get alcholol.
I think a lot of people are aware that Dubai is a dry country, so dont you think to the people where alcohol is an issue they will take there vacation somewhere else.?
Take your point about the construction, there is construction everywhere in Dubai, and past experiecne ive learnt that as long as your guests are made aware of the situation , prior to booking with you , about the contruction it is never ever a problem. It becomes a problem when they havnt been told, and its a surprise when they arrive. I've had villa in the middle of construction sites for months on end, and never ever had one complaint, as they knew in the beginning what they were getting into.

Maybe it's just me who needs a drink!! Mind you I am not surprised what with the snagging we needed to do (Marina Diamond VI), fully furnishing and entertaining a toddler ! :booze:

My parents bought here and it was a far better finish.....and finished! Ours was only delayed for 3 months and not 12 months as per TP but it showed!

Tillymint but you can't compare MD with TP :bash:

Timeplace has a brilliant view and a brilliant location.Also Timeplace looks better than
MD and has Marble floor in all apartments...and....and...and :cheers:

Tillymint.

I think that is the thing with Dubai all over. Its just really bad workmanship I think everywhere you look, suppose we have to make the best of a bad job!

Frank,

Just keep me in the loop about your bathroom, as i will need to order the tiles and stuff in advance of us arriving in Dubai , so there is no delay and we can get right on with the job.

I wasn't comparing the two as I know TP is superior. My parent's apartment is far better than mine! I was comparing the condition that they were in when handed over. I feel MD was handed over too early and could have benefited from a few extra months of work (although we would have lost income). Our long term rent isn't much lower per year than TP. It actually is a better ROI long term than some of the apts in TP. The big difference will be when we switch to short term in a year or two and eventually sell.

Tillymint.

I think that is the thing with Dubai all over. Its just really bad workmanship I think everywhere you look, suppose we have to make the best of a bad job!

Frank,

Just keep me in the loop about your bathroom, as i will need to order the tiles and stuff in advance of us arriving in Dubai , so there is no delay and we can get right on with the job.

Sorry PM but I have to disagree with your ststement about quality being Dubai all over.

I have lived and owned a number of Emmar built villas and apartments with the quality of finishings has been top notch, and snagging list one small item and that was me being a bit fussy.

Its the rouge traders or the construction trade cowboys that have been opportunists in the Dubai market with their very first venture into construction, with a feabile attempt to apply quality that in their home market is acceptable but not to the western standard that we expect.

Hello Propertymagnet

i have just send you a PM, please check.

Ossi

I am here in Time Place for handover,i'm very happy with my apartment.
Mazen is a good Man.Abraj have changed 2 Marbletiles and the grautings in
Bathroom within 2 day.Now i am waiting for a new flyscreen.The promised me
it takes only 2 days.
Time Place is a veryyyyy good investment.The Tower looks good inside and also outside.
The Location is top.

I am here in Time Place for handover,i'm very happy with my apartment.
Mazen is a good Man.Abraj have changed 2 Marbletiles and the grautings in
Bathroom within 2 day.Now i am waiting for a new flyscreen.The promised me
it takes only 2 days.
Time Place is a veryyyyy good investment.The Tower looks good inside and also outside.
The Location is top.


I agree, & well said. Where else will you get 100% profit in 36 months and rental income at around 20% and very little in the way of other deductions and over heads. Great.

Not sure if you are going in at around 2500 per Sq ft. though... only time will tell?

Chippy was that you was sitting in the Lobby the day before yesterday with your
husband daugter and two children ?

I was there with my Father sitting on the Natuzzi Sofa :-)

and... ihave seen you have decorated outside your apartment with two trees ?!

Chippy was that you was sitting in the Lobby

Yes Frank, that was me, sorry if i had realised i would of said Hi, so how are you settling in?, we have been in our apartment since the end of April, we have had a few hiccups but hopefully we are now all shipshape, ive been wondering when you would be in dubai. call in anytime

Hi guys/gals
Back home in rainy Brit. Miss the noise, the heat and the building. Back out in October for 17 days, children return to TP next Tuesday.

I shall post some pics when I get my memory stick located.......

Oh I feel home sick now.

Kevan

Pics of APT. 2907

http://i36.tinypic.com/2wme7mu.jpg

http://i35.tinypic.com/acu044.jpg

http://i36.tinypic.com/23tjo1j.jpg

http://i33.tinypic.com/a49c34.jpg

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

and finally the sunny pool

http://i34.tinypic.com/mjyh46.jpg

Great pics of the pool and gym. Many thanks Frank.

For anybody who still would like to rent out his apartment on a long-term basis, this seems to be a great time. I had one advert in dubizzle and plenty of requests. There was no problem at all to get my asking prize :banana:

From the Byside thread;

http://img295.imageshack.us/img295/9177/baysidene7.jpg

From the Byside thread;

http://img295.imageshack.us/img295/9177/baysidene7.jpg

Come on then, lets have a sweep stake as to what is going in the gap between TP and Bayside??

Over the last few days Trident have been clearing all their construction materials away from the land between TP and Bayside - there is now a decent sized plot available.

Well it would have to be thin with underground parking.....
It would also p*ss off a few people's view....
The one thing is for sure, it is prime location land..... it will not be a grassed area.

Too small for a building, almost impossible.

I have seen a recent Emaar drawings showing a park there (Green open space). :banana:

Mackie,I have also seen in the Emaar Marina Plot Map a green park.

Watch, they will plant very tall trees to spoil someones view....

Park would be good, small water feature...

Yes palmtrees Kevan would be great to relax in the summer heat :lol:

also for a BBQ (only for TimePlace owners) !!!!!!!!!!!!!!!!

^^ and Bayside owners......

That plot in between the Time Place and Bayside residence is going to be a clinic.

that is possible, I think Emaar will sell every sqft in the marina.
make a green space= just spend money, maintenance etc..
selling the plot= get money and no more problem.

That plot in between the Time Place and Bayside residence is going to be a clinic.

What kind of clinic? A clinic for plants :lol:

:lol:

That plot in between the Time Place and Bayside residence is going to be a clinic.

nice try a clinic :banana: i think small hospital for plants !

Hi All

I was told that this space was going to be a car park///

CLOCK - From Abraj

Regarding the clock, we have been informed by the company concerned that all the materials are in Dubai and they are just waiting for the consultant and the contractor to adjust some technical work. We will keep you updated on further developments

Hi All

I was told that this space was going to be a car park///

So, left as it is....:lol::lol::lol:

Bizzy Bonita

I wouldn't bother to have said anything if I wasn't sure. I was looking to buy in Time Place and wanted to know before I bought what would go there as the apartment in which I was interested faced that way.

I had a contact high up in Emaar and called in a favour.

But anyway... you'll see.

There are only about five spaces in the whole development that are park lands... no matter how much green space you see drawn into any of the plans that float around in some of the very persuasive sales material. ;)

The other spaces in the development are mosques, police stations and other such civic service areas.

Bizzy Bonita

I wouldn't bother to have said anything if I wasn't sure. I was looking to buy in Time Place and wanted to know before I bought what would go there as the apartment in which I was interested faced that way.

I had a contact high up in Emaar and called in a favour.

But anyway... you'll see.

There are only about five spaces in the whole development that are park lands... no matter how much green space you see drawn into any of the plans that float around in some of the very persuasive sales material. ;)

The other spaces in the development are mosques, police stations and other such civic service areas.
MelanieDXB
HI there, do you have any idea of the size of clinic and was it enough to put you off buying in Timeplace ?
Thanks
Gary

What is the building infront of TP called please, or behind it depending how you view it. The one between the Marina and the 2 beds?

MelanieDXB,

Welcome to SCC :cheers:

BTW you own me a couple of green tea !

Hi, would anyone in TP like a free fridge for their unit? I bought a silver fridge but my tennant has bought a larger fridge freezer. Free to a good home for anyone that can collect it from the apartment.

Kevan I don't recall the name of the building in the lot you are talking about, but there is a board with a design picture on it at the front of the lot and I have looked at the position of the base pylons (as the foundations were built when I was looking there six months ago) from the apartments on that side and I decided that the next building along will indeed block out most of the view of Time Place's side apartments.

Gary I am assured that any clinic wouldn't be a very high building by my contact at Emaar and actually it wouldn't have affected the one I was looking to buy so I was unconcerned.

The bigger problem for sellers of Time Place apartments and what ultimately put me off was the sole lender against this property in Dubai, Amlak, downgraded the building from Tier 1 (lending 90 percent of the value) to Tier 3 (lending 70 percent). That means when you come to sell it makes it much more difficult to find a buyer who has enough capital to make the purchase and therefore that does bring the prices off a little.

I have watched the prices of Time Place's apartments since that point in time out of interest and I see they have levelled off and declined slightly, with all due respect.

Also 'round about that time, some other developments started to deliver in the Marina and that meant Time Place wasn't the only option any more (at least in that end of the Marina which in my opinion is the only end to buy in) and when I went to see some other things that were just about to be delivered the quality was so far superior to Time Place that I just couldn't go for it any more.

Having said that, as a location, I think it's great and if you are just looking to rent it out then it's possibly a good opportunity, or if you are living there and want to improve it then maybe (which is what I would have had to do to live in it - rip out the bathroom and probably the kitchen too).

I also notice however that people are already offering Time Place 1 bedders for 105k dirhams per year so already the rental prices have come off too.

I think the good times are over in real estate in Dubai with the govenrment looking to eliminate the practice of 'flipping' and also the general global downturn which will prevent many of the previous international players and a bit more common sense will start to enter the market in terms of prices to buy and also to rent.

That means those looking to make a quick buck will go away and the market will drift more towards people who want to buy and live in Dubai as they are working there.

Kevan I don't recall the name of the building in the lot you are talking about, but there is a board with a design picture on it at the front of the lot and I have looked at the position of the base pylons (as the foundations were built when I was looking there six months ago) from the apartments on that side and I decided that the next building along will indeed block out most of the view of Time Place's side apartments.

Gary I am assured that any clinic wouldn't be a very high building by my contact at Emaar and actually it wouldn't have affected the one I was looking to buy so I was unconcerned.

The bigger problem for sellers of Time Place apartments and what ultimately put me off was the sole lender against this property in Dubai, Amlak, downgraded the building from Tier 1 (lending 90 percent of the value) to Tier 3 (lending 70 percent). That means when you come to sell it makes it much more difficult to find a buyer who has enough capital to make the purchase and therefore that does bring the prices off a little.

I have watched the prices of Time Place's apartments since that point in time out of interest and I see they have levelled off and declined slightly, with all due respect.

Also 'round about that time, some other developments started to deliver in the Marina and that meant Time Place wasn't the only option any more (at least in that end of the Marina which in my opinion is the only end to buy in) and when I went to see some other things that were just about to be delivered the quality was so far superior to Time Place that I just couldn't go for it any more.

Having said that, as a location, I think it's great and if you are just looking to rent it out then it's possibly a good opportunity, or if you are living there and want to improve it then maybe (which is what I would have had to do to live in it - rip out the bathroom and probably the kitchen too).

I also notice however that people are already offering Time Place 1 bedders for 105k dirhams per year so already the rental prices have come off too.

I think the good times are over in real estate in Dubai with the govenrment looking to eliminate the practice of 'flipping' and also the general global downturn which will prevent many of the previous international players and a bit more common sense will start to enter the market in terms of prices to buy and also to rent.

That means those looking to make a quick buck will go away and the market will drift more towards people who want to buy and live in Dubai as they are working there.
Thanks for that sound advice . Nice one.
Gary

Kevan I don't recall the name of the building in the lot you are talking about, but there is a board with a design picture on it at the front of the lot and I have looked at the position of the base pylons (as the foundations were built when I was looking there six months ago) from the apartments on that side and I decided that the next building along will indeed block out most of the view of Time Place's side apartments.

Gary I am assured that any clinic wouldn't be a very high building by my contact at Emaar and actually it wouldn't have affected the one I was looking to buy so I was unconcerned.

The bigger problem for sellers of Time Place apartments and what ultimately put me off was the sole lender against this property in Dubai, Amlak, downgraded the building from Tier 1 (lending 90 percent of the value) to Tier 3 (lending 70 percent). That means when you come to sell it makes it much more difficult to find a buyer who has enough capital to make the purchase and therefore that does bring the prices off a little.

I have watched the prices of Time Place's apartments since that point in time out of interest and I see they have levelled off and declined slightly, with all due respect.

Also 'round about that time, some other developments started to deliver in the Marina and that meant Time Place wasn't the only option any more (at least in that end of the Marina which in my opinion is the only end to buy in) and when I went to see some other things that were just about to be delivered the quality was so far superior to Time Place that I just couldn't go for it any more.

Having said that, as a location, I think it's great and if you are just looking to rent it out then it's possibly a good opportunity, or if you are living there and want to improve it then maybe (which is what I would have had to do to live in it - rip out the bathroom and probably the kitchen too).

I also notice however that people are already offering Time Place 1 bedders for 105k dirhams per year so already the rental prices have come off too.

I think the good times are over in real estate in Dubai with the govenrment looking to eliminate the practice of 'flipping' and also the general global downturn which will prevent many of the previous international players and a bit more common sense will start to enter the market in terms of prices to buy and also to rent.

That means those looking to make a quick buck will go away and the market will drift more towards people who want to buy and live in Dubai as they are working there.


I think the reason why Amlak downgraded the building is that the prices increased upto 120% since 2005.The result is a finance now 70% !

sorry for my bad english.KEVAN help me please !!!!!!!!!!!!

Indeed, and such an increase may have been deemed excessive and therefore they priced in the 'bubble' if you will.

Perhaps they are willing to lend on their preceived value of the apartment, rather than the current market value.

The buyer then takes the risk on the additional 30 percent cost and should the buyer default, Amlak's loaned amount is only what they expect the property to truly sell for if you see what I mean, some 30 percent less than what the buyer paid.

Mel I agree re the side apartments. The building that I am discussing has two parts to it. A main tower to the left of the plot as you face the Marina and what I think will be a lower portion, as the piling did not appear as robust to the right. The main tower will block out the view of Marina Views to the left (or the entrance side of TP), I question the impact of the lower portion on the view of Park Island.

My children return tomorrow, my how tidy my home has been.... and have promised to have photographed the developements. I have not posted photographs for so long, I shall post them over the next few days for all to see under the Timeplace site.....

Frank I see no need to assit you in your English, I fully understand what you are saying, Almak are no fools, they will only lend upon certainty, evry one who has purchased in Time Place has made a substantial gain in their investment. The fluctuation in the exchange rate over the past month has increased some stakes by 10%. That could be wiped out by a weakening of the Dollar. Rentals will settle as the market settles and will drop as more units become available.

I spoke to people who had viewed and purchased numerous properties who thought that the overall product was very good compared to many that they had viewed. Me I think that the quality is terrible and the snagging even worse, however, I shall improve upon things and I feel that the overall package is great. (Does that make sense) An attention to detail is required that can be put into place with a little time and effort, I don't even think it takes a lot of money. I am on one here arn't I? Enough of my ranting.

I promise to post the goods if my daughter has taken the snap shots rather than creating a stir on the beach.....

PS Hi Frank, Mackie, Dave, Tyler, Marcus et al, Property Magnet roll on mid October.....

MelanieDXB - where did you end up buying then?

Melanie, just for your information, AMLAK normally provides finance on the original price only and not the re-sale price which includes premiums.

Therefore, providing 90% finance for a project under construction on the original price is in no way comparable with 70% finance for a finished project based on the market price. I would guess that this approach is not soley related to Timeplace but will happen with any project moving from construction to finished.

Keven, the tower you are talking about is called 2CDE and I cross fingers that your view will remain.

cug Sure that sounds reasonable enough, however as I said, the effect that has on buyers is that they still need to come up with a much larger amount of capital and it makes a property which they can borrow 90 percent against a much easier choice for them, leading to less buyers for a property which can only attain 70 percent finance. Less buyers means lower prices.

Onetickin In fact I decided due to the general sentiment in Dubai, from talking to friends who work inside the real estate agencies in Dubai and also because of the general negative economic sentiment of the world to wait a year and see what happens with the market.

In the mean time I am happy to rent and use the funds to take advantage of a bottom of the market scenario in another country and offset my rental costs that way, perhaps.

At the end of the day, many people bought their Time Place apartments off the plan when the prices were very low and so a slight softening of the prices will not impact them anyway.

This sort of thing really impacts more a present buyer or someone with the intention of buying to 'flip'.

Even so, if the present buyer wants to live in their apartment and they like their apartment then they have nothing whatsoever to lose.

Kevan

We're waiting for the pics on timeplacetower site :cheers1:

I am back, what did I miss?

Where are these B*****y photos you keep promising Kev? :banana::banana:

Welcome back Mackie :) we only waiting for photos from Kevan.

I am flying out to Dubai on 30.09.2008 for 10 days :banana: EMIRATES special rate
on 30.09.2008 for 490.- Euro per person.

My idea of photographs and my daughter's idea of photographs of the developements arround Time Place are somewhat different.. i.e.

http://http://i37.tinypic.com/b6er8y.jpg

Just for you

http://i35.tinypic.com/xf476g.jpg

http://i36.tinypic.com/2w7r0g7.jpg

Clean bathroom.....

http://i35.tinypic.com/jhg1on.jpg

Sorry chapps, I'll break out the other lap top and see what I have..... hectic weekend, celebrating my birthday early, got to feed about 60 tomorrow night. Mrs Kevan's got a face like a bulldog chewing a wasp today.... I have done manly things in the garden upon my return from work... Sunday may be wiser to post pics.

http://i37.tinypic.com/lw47o.jpg

More..........More..........More..........

Love the first photo, both the Timeplace and the Torch in one photo, modelled by a very attractive young lady :cheers::banana::banana:

And my seat is the one in the middle :lol:

Great pictures Kevan,also thanks to Mrs.Kevan

Now i know it was your daughter whos sitting in the TimePlace Lobby on
13.08.2008 evening.

Welcome back Mackie :) we only waiting for photos from Kevan.

I am flying out to Dubai on 30.09.2008 for 10 days :banana: EMIRATES special rate
on 30.08.2008 for 490.- Euro per person.

Lucky Man, it’s a great deal for October!

Kevan

Great pics mate... Happy Birthday too....

:cheer::cheer::cheer:Happy Birthday Kevan:cheer::cheer::cheer:

I didn't realize it yesterday.Me and my family wish you all the Best and a long life :cheers:

Hold on a minute, I thought his Birthday was in September :nuts:

Happy Birthday your majesty.

:drunk::drunk::dance::drunk::drunk:

Ta Kevan happy 21st ......again.

Happy Birthday Kevan
:cheers:

HAPPY BIRTHDAY KEVAN & MANY HAPPY RETURNS

guys

i guessed it was Kevans birthday...

Frank,, you should get a list on the owners website.....

Mine was in June. I am still accepting belated wishes now.....

guys

i guessed it was Kevans birthday...

Frank,, you should get a list on the owners website.....

Mine was in June. I am still accepting belated wishes now.....
Mission !
happy birthday Mission............bit late..............so while we are at it Merry Xmas and a happy new year .

Thanks Borolad

Meery Christmas everyone

I, like the Queen have two birthdays. We had a marquee in the garden this weekend in celebration of my 50th year, however, the real birthday is in October. Two reasons - I go to TP in October and it pisses down in October in the UK.... sorry it did this week end...
Lots of very drunken people eating all of my food, drinking all of the free drink and no one asked for a free weeks accommodation in Dubai.... true friends.

Thank you all for your best wishes and now I feel such a fraud.

Eid Muberak

Green Park between Timeplace and Bayside Residence (Plot 2G) not the arrow !!!

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

http://i34.tinypic.com/292xie0.jpg

Can't work this one out, it's not between Bayside and TP is it?

I think this is the plot was shown the arrow next to The Atlantic ?!

but i only want to show the green area between TP an BR

carpetking, where did the plot map come from?

I am not sure but i think its the master plot map from Emaar.

@ registred Time Place owners

there is a new neighbour with questions at www.timeplacetower-dubai.com he need some answers !

I forgot my password and there is no password reminder yet:)

that pic is the Dolce Vita plot, right?

@ Imre

please check your PM i have send the password :)

thanks:)

Does anyone know if i can get a one bed apartment ready and built by either emaar nakheel union properities or dubai properties for no more than 1.5 million dhs. cheers

ready properties (1 B/r) for 1.5 million you can buy only at the Discovery Gardens (Nakheel), International City (Nakheel) and if you are lucky maybe in the Greens (Emaar)

Dubai Properties has nothing for this amount, I dont know the UP , maybe they have something in the Uptown Mirdiff area but not sure.

Whats going on with this digital clock?

+++++++++++Announcement++++++++++++

for all non registered owner and tenants of Time Place Apartments

please register under your name and apartment number at

www.timeplacetower-dubai.com

MISSION
Whats going on with this digital clock?

Received from Bijay on 13th Sept. 2008


Regarding the famous clock, we will contact the supplier once again and get back to you with the date of installation.

Best Regards,
Bijay Ramachandran
Accountant
Abraj Property Developers,
No. 205, Spectrum Building,
P.O.Box 114554,
Behind Movenpick Hotel,
Oud Metha Road, Bur Dubai, Dubai, U.A.E

We need to keep asking the question regarding the clock to Abraj. I don't see why they should get away with it.

MISSION
Whats going on with this digital clock?

Received from Bijay on 13th Sept. 2008


Regarding the famous clock, we will contact the supplier once again and get back to you with the date of installation.

Best Regards,
Bijay Ramachandran
Accountant
Abraj Property Developers,
No. 205, Spectrum Building,
P.O.Box 114554,
Behind Movenpick Hotel,
Oud Metha Road, Bur Dubai, Dubai, U.A.E

We need to keep asking the question regarding the clock to Abraj. I don't see why they should get away with it.


I think they are going to stich us

Mission you could be right, ask Sad/Bijay the question and see what is the response.

I think everybody who has bought in Timeplace should ask the question until they say NO or until it is installed.

My fear is that they do put up a clock. If it's anything like the external lighting......

I agree with Kevan

Please...who in their right mind would want this clock to be installed? My friends (who have bought in other developments in the marina) are already giving me a hard time about the tacky external lighting on Timeplace. A digital clock would make the place a total laughing stock. Even the old analogue sundial was a bit much. The building looks fine as it is now if you ask me. Why go and mess it up now?

If anything we should be campaigning to drop the clock idea AND to remove the coloured striplighting and at higher floors. The strobe lights attached to the balconies should also be replaced with a steady red light (as there is no legal requirement for a strobe light here) and be 'boxed off' so as not to bother residents.

Just out of interest - where are you guys planning on putting this 'clock'?

I don't think the top of Timeplace is complete, it looks as if it has been cut-off, something needs doing if not a clock, some sort of decent feature. As regards the lighting why not send an e-mail to Abraj and see what their response is.

E-mail Abraj?...as if they will change them for me, ha.

At least the strip lighting can be turned off in the future . ie possibly a residents committee may collectively request it.

Regarding the crazy clock: Thats a different story...once its in, its in, and thats it!!

Just a parapet finish with a railing to hold the window cleaning basket would be sufficient. Have a look at the buildings around timeplace..they are finished simply and look good. Beautiful in their simplicity - no tacky gimmicks. I mean its the most coulourful buildign in the marina as of now..no more lights please!

This clock will ultimately devalue all the apartments in the building...remember where you heard it first.:ohno:

Bigtin

Everyone who is not happy with lights should e-mail, I don't like them and I have expressed my opinion to Abraj. As regards residents committee, I understand most of the three beds and some two beds are bought by Saudis who are unlikely to be interested.

I agree with you HAAN,the most registred owners are 1Bed and 2Bed.We only have
one owner of a 3Bed in Time Place.Sorry i forgot one owner of a Penthouse :)

I think we should rent out the space to mcdonalds or burgerking...

Least we can reduce our maintenace charges....

Has anyone been to site recently?? has the pool and the gym opened??

Does anyone met my tenant in room 1009?

Hi Karen,

I have sent you a pvt message. Could you please see and respond?

Thanks.

Photos taken in Okt.

http://i37.tinypic.com/2ngv3oi.jpg

http://i33.tinypic.com/106fw4z.jpg

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

More pictures on timeplacetower owners/tenants website.

Great Photos CarpetKing, many thanks :cheers:

Are you sure they havnt put the Sundial on the building to the left of TP?

How come the sundial did not get approval for its design when a top out on the building to the left cannot be far off what TP should have had?

http://www.youtube.com/watch?v=GvnpzxaXyWE

Are they digging up the sidewalks outside? Perhaps they may plant a few palms as they have done outside of the Diamonds?

http://www.youtube.com/watch?v=GvnpzxaXyWE

GvnpzxaXyWE

Has anyone booked with timeplacedubaimarina.com? I'm looking to book an apartment on my next visit to dubai, it's much cheaper than staying at a 5* hotel.

Have any of the owners of Timeplace Tower had any luck getting a visa with Abraj as the sponsor? ?

Chippy

the Tourist-Visa is since 01.10.2008 now 60 Days from arrival not 30 Days !!!

but i don't know about Residence-Visa about Abraj

Is there no top this structure to finish?

Anyone heard about a fire at timeplace today? Maybe its just a rumour

no not a rumour, it was a balcony fire on 4th floor, quite bad really , it blew glass out all over the reception entrance car park , utter chaos,lack of fire drill procedure from the security guys on duty, they were like headless chickens, fire service took 25mins to arrive, im sure there will be photos on here soon

yeah, passed it today, looks very bad.

There is a reason why the firebrigade and the police always recommend not to move into appartments that are higher than 30m above ground... That's the maximum height they could rescue you... I do not know why everybody wants to live that high, it is bloody dangerous in this city.

Could someone update please

dirtyharry1,

In what way does it look very bad? How many apartments approx were affected? Is there extensive staining to the facade?

I have got an email from Marcus,but don't panic !!!!

http://i35.tinypic.com/2crk8bk.jpg

Dear Frank

I've attached a photograph of the Timeplace fire that happened last night.

I think the fire started in apartment 304 or 404. It looks like a BBQ fire which got out of control. The heat from the fire has melted the glass on the balcony and lounge door. As you can see from the picture, most of the damage is only smoke damage.

The smell of smoke has filtered slightly into the building, but ABLE are busy cleaning up the mess.

No doubt Bijay will send a letter to all occupiers, banning BBQ's from the building as a result of the fire.

I think all Timeplace owners need to ensure that they have insurance for their apartments. I'm going to arrange this for myself over the next few days, so I will let you know how I get on.

Kind regards

Marcus

Relieved to see the damage is limited. I thought things were worse.

no not a rumour, it was a balcony fire on 4th floor, quite bad really , it blew glass out all over the reception entrance car park , utter chaos,lack of fire drill procedure from the security guys on duty, they were like headless chickens, fire service took 25mins to arrive, im sure there will be photos on here soon

^^None of the emergency services could find the building. I heard all the sirens for about twenty minutes from my balcony - they just kept circling around on the JBR side. In the end I saw the the Fire Trucks and Ambulances stopping taxi drivers and asking where they had to go.....not good if it had of been more serious :ohno:

No way that's a BBQ fire! What size are your BBQ's?

It's a fire inside the apartment that has worked out to the balcony. The heat from the burning soft furnishings will have blown out the glass doors.

I wonder if the fire detection system worked and the sprinklers etc.

Only in the balcony, I spoke to people in the building today. There was a small explosion from this BBQ. Thank god for that.:cheers:

Hi Mackie

your countdown is running 2......1........:cheers:

:cheers1::cheer::cheer::dance::booze::booze::goodnight

Gentlemen
Tis 2300 and at 0955 tomorrow I board the magic silver bird to travel to the middle east......................

I love being 50......................

:banana::banana::banana:

Time Place 1-Bedroom Apartment type :2b


http://de.youtube.com/watch?v=W2Apy15sDwo

Nice :)

:cheer::cheer::cheer:Happy Birthday Mackie:cheer::cheer::cheer:

my family and me wish you all the best and a great day full of surprises

Happy Birthday Mr mackie

Love you too Boys, It’s nice to be 24. Kevan is Ancient :lol::lol::banana:

They remembered at work and spoiled me……..:banana:

Happy birthday!!!

Thanks Mate, Appreciate your photos, great work. :cheers:

Happy Birthday mackie! :cheers:

http://i36.tinypic.com/2dak7q1.jpg

Cheers Mate, you are so kind :cheers:

from one old man to another..... happy birthday matey.

May you get exactly what your heart desires...... a two bedroomed.

Fire alarm went off again last night, man you could not sleep through that. Someone had over done the cigars - probably celebrating Mackie's 21st.

Walked calmly down 32 flights of stairs.

Weather if fab, pool freezing, views fab jealous yet?

All the best Kevan

New Video on :

Does anyone know the owner of the fire?

Also any major complaints in TP since h/o i hav enot heard anything from my tenant...

Which i suppose is good news

from one old man to another..... happy birthday matey.

May you get exactly what your heart desires...... a two bedroomed.

Fire alarm went off again last night, man you could not sleep through that. Someone had over done the cigars - probably celebrating Mackie's 21st.

Walked calmly down 32 flights of stairs.

Weather if fab, pool freezing, views fab jealous yet?

All the best Kevan

Yes, I am. You better save my seat free, just in case :lol::banana:

Mission, you lucky B****

Intasure holiday home insurance, 0845 111 0680 £98.00 for buildings insurance £119.00 includes 10,000 of contents.

Kevan

can you ask ABLE why they cool down the pool to 24 (feels like 10) degrees celsius ?
we could save so much energy when the pool would have 28.
But the whirlpool is very hot.
Is there a waterleak in the ceiling of Gymnasium ?

New Time Place Tower Video

http://de.youtube.com/watch?v=uLitEsRHLwM

more video's on

I thought the building Insurance was part of the Maintenance fees :dunno:

I also thought that we have to only purchase contents insurance (if you living in that is). Time to read the contract again, I think :cheers:

New Time Place Tower Video

http://de.youtube.com/watch?v=uLitEsRHLwM

more video's on

uLitEsRHLwM

Mackie

I think that you will find that contents only insurance limits your public liability. I would suggest you insist that your tenant take out sufficient cover. I did contents and fittingd to get the added liability outside of the apartment. I suggets you speak to a rep of a company.... I am sure that they will happily take your money....

Given the lies that they told us in the beginning i dont think its worth the risk for £119.00 for my apartment to go up in flames and then find out that there insurance didnt cover it. Feel much more comfortable going with a British insurer underwritten by Lloyds.

I want to sell my apartment at timeplace. It is a type 2d on higher floor. Anyone know if apartments are in high demand in this building...im getting mixed messages.

Bigtin

When you look at Betterhomes or other Real-Estate websites you can
find only 2 or 3 Timeplace apartments.Also i cant find 3Bed apts at Timeplace.

Should it be a (very) good investment?

A german friend of mine is looking for a 2 Bed in Timeplace maybe also a 1 Bed.
Put your offer on the owner website.:)

Time Place Apartment 2B type 1 Bedroom upper floor

http://de.youtube.com/watch?v=yaKD2EELguc

Time Place Apartment 2B type 1 Bedroom upper floor

http://de.youtube.com/watch?v=yaKD2EELguc

^^ nice apartment..... and great balcony :)

Trying to upload a few but Starbucks is really slow this morning.

Fire alarm activated again last night. Someone cooking....

http://i34.tinypic.com/33c9a1z.jpg

http://i37.tinypic.com/b7amxe.jpg

http://i33.tinypic.com/ico554.jpg

http://i36.tinypic.com/e16kvc.jpg

You mean triplets, don't you. :D

I sit in Starbucks corrected.... teeee heeeee

Kevan, is Starbucks licensed for booze:lol:

Time Place Tower Lobby
http://i38.tinypic.com/m7dzdu.jpg

http://i37.tinypic.com/e00j0l.jpg

Time Place Tower

http://i35.tinypic.com/15zpp21.jpg

http://i38.tinypic.com/34gsz6t.jpg

http://i34.tinypic.com/259wsx2.jpg

View from ..07 type upper floor

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

final - live the luxury in Time Place Tower :cheers:

Had a couple of very small snagging issues sorted.... But my lounge - veranda door will still not lock and I asked about my glass - no record or understanding..... I shall speak again today. Otherwise very good. Tried to refer guy to the owners site who was looking to rent - one bed 4th floor 125k. Asked to rent mine, so steered him to the owners.

http://http://i35.tinypic.com/23rpn9e.jpg

http://http://i38.tinypic.com/9ucec3.jpg

also refer to #3429: #Project:Dubai Marina for views from Timeplace - to save server space.

http://http://i35.tinypic.com/2qu17w1.jpg

Thanks for the nice pics Kevan,and welcome back in the cold and foggy Europe.

Your Balkony is illuminated isn't it ?

http://http://i38.tinypic.com/21eaql4.jpg

You are correct Frank

Great pictures Kevan. Out of interest what is the occupancy rate?

Spoke briefly re this in the office. One said 200 0f the 300 were occupied, the other said that they were all occupied.

There was a lot of activity with agents as I left. Spoke to a Japanese guy who was looking to rent on Friday evening. He had viewed on the 4th floor and was impressed. When I said that I had a two bed he asked if I would consider letting it.

The car park is gradually filling up. Lots of people coming and going. I think there is 8 apartments on each floor. On the 16th I would say six are occupied and the other two, including mine, occassional occupancy.

PS I think I am getting a grip of this photography malarky... I think they have turned out well on a Kodak Instamatic...

Kevan, is Starbucks licensed for booze:lol:

With the amount of caffeine their coffies have, you don't need any booze to get the buzz :D

Plot next to Time Place,whats going on here ???

http://i34.tinypic.com/dqow1u.jpg

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

pictures by Peter

Plot in front of Time Place (picture by Peter)

http://i35.tinypic.com/2hofp0o.jpg

Plot in front of Time Place (picture by Peter)



Thanks to Marcus for taking these for me (and thanks to Frank for uploading:applause:)
I know there was more discussion recently on what might happen with the plot between Timeplace and Bayside but I didn't realise they had now levelled it off and put fencing all around.

Now that they have cleared all the Bayside building site, this plot is much bigger than I originally thought.

Anyone got any update on what they might be doing?
Who has put up the fencing and why?

"Answers on a post card..." :nuts:
Peter

Did anyone take photos of the Atlantis Firework from Timeplace?
The views must have been awesome from up there :banana:

Please post some photos if you have :cheers:

Did anyone take photos of the Atlantis Firework from Timeplace?
The views must have been awesome from up there :banana:

Please post some photos if you have :cheers:
Mackie
In case you didn't already see it, I found this link to the main website --> 20+ minutes worth of the opening cermony video - the fireworks must have been amazing to see from Timeplace:eek2:

http://www.atlantisthepalm.com/grandopening.aspx

Mackie - if only we had known, I could have rented out your seat.

Cheers Mate, yes I have seen this one, the BBC one, the Sky one.......and many others.

I was just wondering what was the view like from our balcony :)

Yes Kevan, I bet the view from my seat would have been incredible, judging by the videos and photos I have seen........Wow :cheers:

I was told this morning that it was pretty impressive from the tomeplace, they had to stop half way through to let the smoke clear and then set off another round. Too bad we have missed it :cry: :cry:

Plot in front of Time Place (picture by Peter)

http://i35.tinypic.com/2hofp0o.jpg

You mean plots, don't you. ;)

re the above.
The board shows a stretch of "bungalows" for some distance then a tower. As you view the plot above, the tower to the left. There is also no segragation of workers on that site/plot. Also that plot extends much further to the right.

I found this on Dubaimarinacommunity.com Marina View Towers(what is this mean about Timeplace register?)

------------------------------------------------------------------------------------
My fault, I found now Desert Home listed as an approved developer. However, when clicking on projects of this developer only Desert Rose comes up. I have not found anything on MVT on the RERA web site. Anybody?
I went through all the listed plots and couldn't find ours, which is plot 392-190. Since I am in tower B my DEWA reference number starts with 392-191, so maybe Tower B is 392-191 since the development is on 2 plots ( also called 2AB in my sales contract). We are however not the only development not listed: Timeplace isn't either. I went through this in order to find the DEVELOPER of our residence.
------------------------------------------------------------------------------------

Dubai Luxury Homes has the 15th floor 2 bed for Dhs 1,207,956, floor plan shows Marina facing.

Gowealthy.com has

AED USD GBP
Starting from Starting from Starting from

1 Bedroom 736,351 201,740 113,285

2 Bedroom 1,303,964 357,250 200,610

3 Bedroom 3,179,850 871,192 489,208

Penthouse 3,873,600 1,061,260 595,938

:lol: one bedroom about 1,800,000 AED now???

The bridge across the Sheikh Zayed Road makes Time Place to a TOP-LOCATION within the Dubai-Marina :banana:

http://i38.tinypic.com/dd12lw.jpg

I found this on Dubaimarinacommunity.com Marina View Towers(what is this mean about Timeplace register?)

------------------------------------------------------------------------------------
My fault, I found now Desert Home listed as an approved developer. However, when clicking on projects of this developer only Desert Rose comes up. I have not found anything on MVT on the RERA web site. Anybody?
I went through all the listed plots and couldn't find ours, which is plot 392-190. Since I am in tower B my DEWA reference number starts with 392-191, so maybe Tower B is 392-191 since the development is on 2 plots ( also called 2AB in my sales contract). We are however not the only development not listed: Timeplace isn't either. I went through this in order to find the DEVELOPER of our residence.
------------------------------------------------------------------------------------

^^I posted this at the time. My point is that on the RERA web site under "approved projects" all Marina Diamonds appear, but neither MVT nor Timeplace and many others.
Saying this I am convinced the RERA web site is just very messy and investors of not started developments shouldn't take the list of approved buildings to serious.

Whats going on with the top then?

Any movement

Intasure holiday home insurance, 0845 111 0680 £98.00 for buildings insurance £119.00 includes 10,000 of contents.
I have just got a quote from Intasure - buildings cover for £117.84
Seems to have increased significantly from previous recent quote.

I assume that, with long term let, that it is sufficient for me just to go for buildings cover only (tenant responsible for their own contents and I take the risk on the fridge / washing machine etc?)
But what about optional accidental (by tenant) on buildings, is this necessary?
What cover would we need to go for to cover another BBQ fire example?

#######
Section Sum insured Premium
1. Buildings - properties are automatically insured up to: £1 Million £99.84
2. Contents £0
3. Unspecified valuables £0
4. Emergency travel expenses - included £1000
5. Public Liability - included £5 Million
6. Identity theft helpline - not included
Premium £99.84
Additional premium due to underwriting (if applicable) £0.00
Additional premium due to claims (if applicable) £0.00
Taxes and other charges £0.00
Administration charge £18.00
Dated 05/12/2008 Total premium £117.84
Policy excess £150 each and every claim.
#######

Seems excessive for building only, I am paying £11.68 pcm with Hiscox for contents and building.

Seems excessive for building only, I am paying £11.68 pcm with Hiscox for contents and building.

Kevan - Hiscox just quoted £100 on line for buildings + contents with £5m public liability (they don't do buildings only)

But the buildings cover default is only £10,000 on the assumption that the management company provides insurance for the main structure (ie. £10k is only for redecorating + kitchen/bathrom etc.)

Would this be enough?
Do Abraj insure the main building so £10k is sufficient?

Mr M I am failry sure this is all on CarpetKings site. Abraj cover the building, I covered £15,000 worth of fittings and then contents, but had to take the fitiings to get third party cover for leaks into other apartments, damage to other apartments by fire etc.

Hi - I just got a note from a Abraj Customer Coordinator asking for copy of passport and some related details for unit registration at LAND department, what do people think, scam or true? what this going to cost.. I just paid a law 13 payment for the Torch that cost £7,000?? Has any one had the same note..?

Hi - I just got a note from a Abraj Customer Coordinator asking for copy of passport and some related details for unit registration at LAND department, what do people think, scam or true? what this going to cost.. I just paid a law 13 payment for the Torch that cost £7,000?? Has any one had the same note..?

I just received the same email.

Only a few days ago I sent Bijay an email asking what was happening to the land registry and I assume this might have kicked them into action?

I would also just like confirmation that it is legit, just in case.
I will email Bijay again asking him to confirm

I had always understood that the land registry fee is 1.5% of the original apartment price as indicated in your contract - I hope I am right?

Pity they are not so proactive about getting us the much promised residency visa..

From Bijay

We already have the original title deed for the Land. Now, Land Department has sent us the template for uploading the customer and apartment details. Kindly send in your passport copies with full address and other relevant details. This is for making sure that the details submitted to the Land Department is 100% accurate. This is the first step. Once this is done, they will inform us about the exact amount and other formalities. We will keep you updated.



By the way, Mohammed Khazaal has joined ABRAJ as the new customer coordinator. His mobile no. is +971 50 1053141 and his email is m.khazaal@timeplacedubai.com





Thank you and Best Regards,



Bijay Ramachandran

I am now really confused,,,,,,,,

I have not had any e-mail

What do we need to do?

I am now really confused,,,,,,,,

I have not had any e-mail

What do we need to do?
Marcus said he didn't receive either.
I just forwarded the email on to him.
Suggest you email Bijay asking him to make sure you are on the list
Bijay seems to be pretty good at answering at the moment

Thanks,,, I have e-mail Bijay yesterday. But it is the weekend......

I only got the email because I emailed Bijay after reading it on here :cheers:
He answered within the hour :cheers:

Mackie...

Maybe Bijay just does not like me..... :)

He loves you and Kevan........... Kevan is definitely his favourite :lol::banana:

I've just paid around £7,000 for the ''Law 13'' in the Torch, I'm sure this will be much the same. So has every one got a bit of spare cash lying around doing nothing that they are happy to spend on this?

Geezabob - matey

He loves you and Kevan........... Kevan is definitely his favourite :lol::banana:

Mackie what are you doing about paying this Land Fee. Should i just sit and wait ?

I'm waiting for now - Mackie did you pay your Law 13 for the Torch?

^^Yes I paid to Select on the Torch but it will be a long time before they manage to register the units. They are currently training on the New RERA System called Oquood and then they will start registering in order of payment. I would not rush to give them the money here Mission, just wait until they chase you for it, better in your pocket.

Have a lovely Christmas Everyone and a wonderful trouble free new year, stay safe and look after your families. Will Catch up again in the New Year. If I get to Dubai over the Holiday, which is looking likely, I will update you. :cheers:

http://http://i39.tinypic.com/33k6m1k.jpg

Kevan, you have to much time (place) on your hands .. !!