Gateway Towers is the main station and starting point, without that there's no monorail, so I assume it will go ahead. Trump is possibly more in doubt temporarily, I would imagine there are no Shoreline owners who would use it to get to / from their apartments, at least until it links up with the Metro.

That said, the trains are on site and the track is finished. The Trump station isn't far off complete, I would imagine worse case is that they will finish the station and then just not bring it into use initially, and perhaps just run from Gateway to Atlantis to alleviate the traffic problems at weekends and holidays.

^^I would of thought they had plans in place to use that station even if trump tower hadn't been delayed because the Golden mile shops are due to open next year. Quite how they get the people in and out a station which is in the middle of a building site is another question but surely they must of had plans in place for non-resident shoppers to use the Golden Mile.

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

Another one

http://i36.tinypic.com/25kkcwx.jpg

^^ Which one is it that almost looks complete?

^^ Kempinski

^^ Thanks.

It looks AWESOME.

^^ Kempinski

Are you sure it's the Kempinski and not the Ottoman Palace?

You're right, that is the Ottoman Palace. I checked the Kempinski Emerald Residence website and the design is quite different from this.

Thanks for the clarification Paul.

Ottoman Palace link: http://www.skyscrapercity.com/showthread.php?t=581431

Atlantis and Palm Jumeirah

http://img267.imageshack.us/img267/6536/imresolt195io5.jpg (http://imageshack.us)

^^ Oh, what a tiny little hotel :D. Nice photo :).

Fantastic shot Imre! Almost wallpaper quality! Any chance we can get a high rez version?

:cheers:

please send me your email by pm and will send to you.

didnt know where to put this so...

Construction work slows on Zabeel projects

Published: 11 December 2008 12:34 GMT Author: Colin Foreman More by this Author Last Updated: 11 December 2008 17:47


Construction work has slowed on at least two projects being developed by Zabeel
Properties in Dubai.

The two projects which have been affected are the Dubawi project on an island next to the Palm Jumeirah and the Tiara United Towers project on Sheikh Zayed road.

UK-based Laing O'Rourke had started work on the estimated AED1bn ($273m) Al-Dubawi resort earlier in 2008.

The resort will be built on the southwestern island and is understood to include about 50 holiday villas, a small hotel, a spa and shops.

The local Arabtec Construction was awarded the contract to build Tiara United Towers in 2006.

Zabeel Properties was unavailable for comment.

A number of schemes have slowed or have been put on hold in the emirate. Nakheel has scaled back development on all three of its Palm island projects together with Dubai Waterfront, projects have been delayed at Dubailand and Meraas is reviewing its masterplan for Jumeira Garden City (MEED 5:12:08).

R

oldie but goodie aerials of the palm, http://picasaweb.google.com/barunpatro/HelicopterRide#5275516204029029378
water quality looks great and villas looking nice

oldie but goodie aerials of the palm, http://picasaweb.google.com/barunpatro/HelicopterRide#5275516204029029378
water quality looks great and villas looking nice

Nice pics! :banana:

14/12/08

Merry Christmas Everyone!!

http://img370.imageshack.us/img370/6128/3122448999be4507ef4bo2zp8.jpg
Source: http://www.flickr.com/photos/24304430@N07/3122448999/in/set-72157611381567393/
http://img370.imageshack.us/img370/1065/3123251180cf264426baoyi0.jpg
Source: http://www.flickr.com/photos/24304430@N07/3123251180/in/set-72157611381567393/

Off topic but I just wanted to share because as much as I love the palm, I have followed it since it was a render and now the reality is so far differnet for its original design; poor palm residents wish they had this lmao, I took this picture home in the Bahamas last sunday a cool 75 degrees. Fingers still crossed the world might turn out somewht as beautiful as this

http://i41.tinypic.com/2ikyt5e.jpg http://i43.tinypic.com/2mqwbkh.jpg

More pics here: http://www.facebook.com/album.php?aid=2100710&l=e14d5&id=33413232

My favourite beach is in turks & caicos.

http://i39.tinypic.com/k03dzl.jpg

05/11/08
waiting for the park...
http://img186.imageshack.us/img186/2113/3137151129770512f4a1bgc6.jpg

keep waiting lol they are in no rush im sure
Atlantis may be the temple of kitsch
and tackiness but at least it adds greenery
to the palm, as of now the trunk is mostly a
huge grey highway. QE2 island is suppose to
add greenery that remains to be seen though.
The park needs to be desperately implemented asap
http://i43.tinypic.com/2cijm7l.jpg
http://i42.tinypic.com/10zv8sz.jpg

My god, look how dense these villas are to each other... they should be calles townhouses, not villas. There is not even space to put a nice table in the garden...

OMG

28/December/2008

Atlantis, Palm Jumeirah

http://img517.imageshack.us/img517/4496/imresolt001tq6.jpg (http://imageshack.us)

http://img514.imageshack.us/img514/1226/imresolt006rx7.jpg (http://imageshack.us)

http://img517.imageshack.us/img517/9252/imresolt043we2.jpg (http://imageshack.us)

http://img504.imageshack.us/img504/1853/imresolt109fx3.jpg (http://imageshack.us)

http://img179.imageshack.us/img179/164/imresolt110xv5.jpg (http://imageshack.us)

http://img514.imageshack.us/img514/8893/imresolt121hg8.jpg (http://imageshack.us)

http://img208.imageshack.us/img208/3282/imresolt132sy0.jpg (http://imageshack.us)

http://img514.imageshack.us/img514/2244/imresolt152rf7.jpg (http://imageshack.us)

http://img183.imageshack.us/img183/1277/imresolt154tb2.jpg (http://imageshack.us)

http://img179.imageshack.us/img179/4142/imresolt165ac9.jpg (http://imageshack.us)

http://img49.imageshack.us/img49/983/imresolt168wu9.jpg (http://imageshack.us)

^^ Imre, what a shots!
Were you also accommodated or is it accessible like an attraction?

thanks, I was just visitor but only the free areas, I didnt pay anything there.:)

Press Release


Dubai Municipality launches advanced marine data collection network

State-of-the-art and high-tech radars will help take stock of changes in coastline

Dubai, 23 December 2008: Dubai Municipality has announced the launch of a marine data collection network using advanced and high-tech radars that will help the Municipality take stock of the nature of changes taking place in its coastline.

According to Alya Al Harmoudi, Head of Coastal Zone and Waterways Management Section at the Environment Department, the new system has started functioning recently and the primary data and images, that have been collected so far, were "highly accurate and exceeded our expectations."

She said several important and lively elements were captured such as the sea surface currents and the height, period and direction of the waves in the area between Port Rashid and Palm Jumeira where many big projects are concentrated.

"This is a quite unique project that is implemented for the first time in the Middle East region. The new system provides information in two-dimensional maps, instead of the existing one-stop data collection in which water current passes through an equipment that measures its strength and speed," she noted.

Al Harmoudi added that the project involves two base stations, one located in Jumeira, close to the Open Beach, and the other in Um Suqeim area. The new radars will emit electromagnetic rays over a length of more than 15 kilometers into the deep sea and with a frequency of 45 MHz. All the data retrieved by the Municipality using the radars would be made available to clients and concerned authorities very soon, she said.

She added that the comprehensive marine database owned by the section is highly crucial and it is being updated by means of the monitoring programme capturing information through hydrographic and topographic surveys, and marine wave and current measuring instruments in addition to Lider surveys for the sea-bed.

"This project is a practical translation of the vision laid down by Dubai Municipality in permanently assessing the nature of changes that take place on the emirate's coastline."

She added that the data gathered through the monitoring programme will be extremely valuable in assisting the design and planning of developments along the coast.

As a second phase of this project, works are currently on to fix six new cameras in various locations across the coastal zone. The section currently operates three video cameras, situated on the exoskeleton of the Burj Al Arab hotel, that provide regular video images that are processed to provide wave run-up and beach profile information. Information captured by the instruments is transferred to a website after completing automated quality check ups. The website provides the section with real time information on conditions along the coastal zone.

All coastal data gathered by the Municipality are now made available to consultants, planners and developers for use during planning and designing stages of their coastal projects. Parts of the information are also available on the section's website: www.dubaicoast.ae so that all members of the public, particularly those who frequently visit the beaches and sea-farers can have the necessary information.



Photos:
- A radar installed at Umm Suqeim Beach
- Data as captured by one of the radars

http://img70.imageshack.us/img70/590/radarinummsuqeimzm9.jpg (http://imageshack.us)

http://img150.imageshack.us/img150/6399/radarinformationgo0.jpg (http://imageshack.us)

Thanks for the links, Imre. Really liked the webcams.

My god, look how dense these villas are to each other... they should be calles townhouses, not villas. There is not even space to put a nice table in the garden...

Yes, VERY densely populated. Lots more green space, palm trees, parks needed to break the 'concrete lines'. However, Looks like its too late - no space to accommodate any of this unfortunately. :ohno:

31/December/2008

Palm Jumeirah,Crescent

http://img68.imageshack.us/img68/7452/imresolt001rr0.jpg (http://imageshack.us)

Tiara Residences

http://img68.imageshack.us/img68/5018/imresolt002sc2.jpg (http://imageshack.us)

http://img68.imageshack.us/img68/7554/imresolt004yv3.jpg (http://imageshack.us)

Jumeirah Al Fattan Resorts

http://img139.imageshack.us/img139/3170/imresolt006bb2.jpg (http://imageshack.us)

http://img205.imageshack.us/img205/4600/imresolt007kr6.jpg (http://imageshack.us)

http://img224.imageshack.us/img224/9751/imresolt009tl3.jpg (http://imageshack.us)

http://img156.imageshack.us/img156/2421/imresolt011ww9.jpg (http://imageshack.us)

Royal Amway

http://img230.imageshack.us/img230/2708/imresolt012to4.jpg (http://imageshack.us)

http://img253.imageshack.us/img253/5015/imresolt013jt4.jpg (http://imageshack.us)

http://img233.imageshack.us/img233/8144/imresolt013fi8.jpg (http://imageshack.us)

http://img230.imageshack.us/img230/8035/imresolt014tx3.jpg (http://imageshack.us)

http://img246.imageshack.us/img246/5523/imresolt015pz7.jpg (http://imageshack.us)

http://img246.imageshack.us/img246/3089/imresolt017am4.jpg (http://imageshack.us)

http://img246.imageshack.us/img246/2522/imresolt019dy2.jpg (http://imageshack.us)

http://img156.imageshack.us/img156/7632/imresolt021xw8.jpg (http://imageshack.us)

Habtoor Grand Resort ( site next to the Royal Amway? )

http://img68.imageshack.us/img68/2433/imresolt024nt8.jpg (http://imageshack.us)

http://img68.imageshack.us/img68/5642/imresolt025uw8.jpg (http://imageshack.us)

And this proves, with money, anything is possible

Press release

Palm Water commissions new Sea Water Reverse Osmosis plant to provide potable water to Atlantis on Palm Jumeirah Crescent

First wide-scale water treatment facility in GCC to utilise Ultra Filtration as the pre-treatment technology

http://img98.imageshack.us/img98/3681/ahmadbuttilk2.jpg (http://imageshack.us)
Mr. Ahmed Butti, Chairman, Palm Utilities.


January 4, 2009
Palm Utilities, a subsidiary of Istithmar World PJSC, has announced that it has recently commissioned the Sea Water Reverse Osmosis (SWRO) plant at the Crescent of Palm Jumeirah, one of the revolutionary Palm Island trilogy and a vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai. The SWRO project has been part of Palm Utilities' intensified expansion strategy to provide cutting-edge utility solutions to premier development projects in the UAE and across the region.

Utilising Ultra Filtration (UF) as the pre-treatment technology – the first wide-scale use of such technology in the GCC – the SWRO plant supplies drinking/potable water to the Atlantis and other developments within the Palm Jumeirah's Crescent. Another seawater water treatment facility will be commissioned in mid 2009, increasing the total daily capacity to 64,000 cubic metres.

"Palm Jumeirah is a strategically important component of Palm Water's expansion program as it will serve as a showcase project that will highlight the level of quality and sophistication that we offer. A prestigious development project such as Palm Jumeirah will definitely be a key addition to Palm Water's portfolio of high-profile clients, strengthening our reputation as the region's trusted provider of world-class utility services," said Ahmed Butti, Chairman, Palm Utilities.

The sea water treatment projects are part of an agreement that will hand over ownership and ongoing stewardship responsibilities for the water and sewage infrastructure of Palm Jumeirah to Palm Water, Palm Utilities' water utility division. Under the agreement, Palm Water's scope of work will include sewage collection and transportation; sewage treatment; water treatment; distribution of drinking water, distribution of irrigation and fire fighting water; distribution of industrial water; and collection of chiller blowdown water for Palm Jumeirah.

Palm Water will utilise a combination of gravity system, pumping stations and vacuum sewer system to collect and transport sewage from the Palm Jumeirah's Trunk, Fronds, Spine and Crescent to the two Sewage Treatment Plants (STPs), which are all equipped with MBR technology. The STP on the Trunk (SU2) is a three-tiered underground facility approximately 80 metres in diameter and 30 metres deep and has the capacity to treat 18,000 m3/day, while the Crescent STP has a capacity of up to 17,000 cubic metres and treats all sewage from the Crescent.

The distribution of the drinking water is being done through a network of high-pressure pipelines, while irrigation and fire-fighting water is supplied from SU2 using polished effluent or TSE. Working in tandem with Palm District Cooling (PDC), Palm Utilities' district cooling division, Palm Water has installed a 17,000 m3/day polishing plant at the SU2 to supply polished TSE to the chiller plants through a dedicated industrial water main.

The water supplied to the chiller plants completes five circuits of the chilled water system before the salt content increases beyond the allowable level. When this occurs, the water is “blown down” from the chilled water system back to SU2.

Palm Utilities, through PDC and Palm Water, has been established to address the region's unique requirements in the distinctly critical areas of district cooling, and water utility. On top of its expansion activities within the UAE, Palm Utilities has also revealed plans to pursue new core business activities within other utilities, including sustainable energy and environmental waste management. The company also plans to expand its operations overseas and has initiated talks for new business prospects with potential partners in the Middle East, India and the rest of Asia.

does anyone know why one of those aisles with the villas is empty with nothing on it, is there something special planed for it.

This was used for construction buildings/storage/workforce accomodation during construction of the other villas and will probably stay empty for some more months.

In the end it will look like the other fronds.

so i take it that villas are to go on sale yet on that line or are they sold out?

http://i41.tinypic.com/2l89soh.jpg

^^ Wow, wonderful picture.

so i take it that villas are to go on sale yet on that line or are they sold out?

I would like some info on that myself actually.

Dunno how accurate this render is? But no doubt these villas on the top fronds will be most sough after. Magnificent views of Atlantis/Crescent. :D
http://i40.tinypic.com/fzahag.jpg

yeah the empty frond is N used for all Nakheels testing and equipment accommodation , frond N will be only signature villas - which were sold a few months ago, they will be around 7000 sqft +

yeah the empty frond is N used for all Nakheels testing and equipment accommodation , frond N will be only signature villas - which were sold a few months ago, they will be around 7000 sqft +

yes they where getting sold to vip a few months ago... from 20 mill till 65 millionm aed.. they are called the collection.... i have the brouchure

http://i41.tinypic.com/2l89soh.jpg

So it effects the climate

Hi Guys,

I took some photos of all the different villas on PJ, enjoy! ;)

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

http://i41.tinypic.com/2dlmzj6.jpg

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

http://i43.tinypic.com/29mwoy0.jpg

http://i43.tinypic.com/t7haav.jpg

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

I have more, which I can upload later, if you all want to see them.

Thanks :)

Hi Guys,

I took some photos of all the different villas on PJ, enjoy! ;)

I have more, which I can upload later, if you all want to see them.

Thanks :)

Upload as many as you can! thanks for the great pics!

Photos of the Palm Monorail testing, taken on Sunday (4th Jan).

I saw it move from the Village Mall Station down to the Trump Tower Station and then into the Tower at the base of the palm:

http://tinypic.com/view.php?pic=4khgg5&s=5

http://tinypic.com/view.php?pic=28sbsas&s=5

http://tinypic.com/view.php?pic=2rz4bv4&s=5

http://tinypic.com/view.php?pic=2zoks94&s=5

Digital Globe, December 26 2008:

http://img156.imageshack.us/img156/7280/palmbr1.jpg (http://imageshack.us)

^^ Great to see how much the crescent is filling in now ... amazing also to see how quickly it's become so dense in and around the Marina/Tallest Block area. :cheers:

Thx so much for these awesome villa shots DXBQuantum :)

And yes please! Post as many as u can :cheers:

I reposted these 2 [if u don't mind?] as they are pretty much what I'm looking for myself. :banana:

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

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

Berths go on offer at new luxury Dubai marina

http://i39.tinypic.com/2nqy889.jpg
BOAT OFFER: Berths at the new Anchor Marina, set to open soon, are being offered to the public.

by Andy Sambidge on Tuesday, 06 January 2009

Island Global Yachting (IGY), the luxury marina developer and management company, has announced the release of berths to the public at Anchor Marina on Palm Jumeirah.

Anchor Marina is set to open in the first quarter of 2009 and will be the first operational marina on Palm Jumeirah, providing state-of-the-art facilities to yacht owners.

The opportunity for the public to secure a marina berth follows a phased release of berths, firstly to brokers and charter operators and earlier in November 2008 to Palm Jumeirah residents, through an online auction, which received more than 1,100 visitors to the website.

The available berthing agreements are for a five year period and are limited to one berth per person.

Michael Horrigan, CEO Middle East and Europe, IGY said: "With the current short supply of berths in the UAE, many owners have had to leave their yachts in other locations such as the Caribbean and Mediterranean.

"With our marina developments in the Middle East we hope to supply enough berths to meet the increasing demand."

http://www.arabianbusiness.com/542755-berths-go-on-offer-at-new-luxury-dubai-marina

Here are some more enjoy :).

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

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

http://i44.tinypic.com/260rgjn.jpg

http://i43.tinypic.com/29mwoy0.jpg

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

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

http://i39.tinypic.com/2me5vzs.jpg

http://i44.tinypic.com/156tkcy.jpg

More on there way, next time I visit the Palm.

Thanks. :)

Great photo's DXBQuantum, keep posting more....
More people should add greenery in the "backyard"/beachside of they're villa's. (like the last pic) Because in the first pic of the first photosession the beachside looks very gray and death.

Yeah there are so many empty villas on there, and the owners are very ''stingy'', they dont pay Nakheel the maintenance charge while its empty, so they just leave it to rot.... looks horrible. all the grass dies along with the palm trees :(

Hello Everyone,

Just a quick message to introduce myself, My Name is Ben Scott and I am on the sales team at Asteco, working on the palm. If anybody has any questions on any project on the palm i would be happy to help, in particular Oceana and Tiara but also other projects on the palm.

I can be contacted either by this message board or send an email to BenES@asteco.com and i will be able to assist you.

^^
Hello mate
Is it true all infrasructure on the Palm has come to a standstill?
Also heard that the work on the Tiarra hotel has stopped.Apparently they are just going to leave it looking finished from the outside

^^
Hello mate
Is it true all infrasructure on the Palm has come to a standstill?
Also heard that the work on the Tiarra hotel has stopped.Apparently they are just going to leave it looking finished from the outside

Work on the Tiara hotel has stopped for the moment, but only to move all the workers from there onto the residences in order for them to be finished by 31st March. Once the residences have handed over then they will finish the Hotel, which will realistically be finished late this year.

The structural work has finished on the hotel, and the outside is about 1/2 finished. the hotel will definately be finished and should be operational early next year.

Hi Guys, I took the following photos today of groundworks at Trump Tower. I keep hearing rumours that they're going to finish the foundations then grass it over and turn it into a park for the next few years and from what I saw today it certainly doesn't look like they're going full steam ahead on any big structures.

There was hardly any activity with the access gates closed and maybe around 25 people, most of whom weren't up to much.

http://tinypic.com/view.php?pic=2q09g5x&s=5

http://tinypic.com/view.php?pic=2cos9e9&s=5

http://tinypic.com/view.php?pic=2ah6tkj&s=5

http://tinypic.com/view.php?pic=34gnae9&s=5

Hi all

As I have sold my garden home, I am now looking to buy a F type sea side (full sea view).
Cash buyer and sorry but bargains only.

Hi all

As I have sold my garden home, I am now looking to buy a F type sea side (full sea view).
Cash buyer and sorry but bargains only.

be quick, prices going up from lows 3 months ago, still a bargin compared to b4 summer....

ps if you dont need a completre sea view consider the a types, they are about twice the size, if not on the PSA, then they are when you measure them:)

I have bid for 2 sea view shorelines in the last 14 days and been knocked back each time - ended with their coming back asking for more money than 'offered' for. I have mixed views because i have other property there. There will (sadly) be folk around who just have to sell for whatever they can get in order to stay afloat financially (wish i could find them!!), but my experience in trying to buy suggests the market for high profile developments has hit a bottom, esp those developments that are more heavily traded like Palm Jum. Heavily traded commodities tend to fall most and rise first. Having said that, odd sales at below market prices will occur and do the rounds on the blogs of doom - and these will continue to happen until the distressed sales are out the market and that won't happen overnight.

I've heard on good authority that quite a number of garden villas have been sold during the past couple of months for as little as Dhs6-6.5m which is around 55% less than their peak in the summer. I had to have my 5 bed Atrium Entry valued two weeks ago for the purpose of equity release and was staggered that the valuer assessed it at Dhs11m. I was obviously expecting far, far less, particularly as the information was being requested by the bank and so would, presumably, be very conservative. This is (only) about a 15-20% drop.

The chances of selling now at Dhs11m must be zero as there are still distressed owners out there - which is fine as I've got it rented and have no plans to put it on the market - but I'm now totally confused about valuations. Any economist will tell you that prices are set at the margin, but does this imply that the 'core' value of these villas (if there is such a thing) hasn't been as badly affected as we all suppose? I certainly don't pretend to know the answer ......:nuts:

^^ I guess your villa has 2 values right now.

1) Panic value - what you could actually get for it today in a spooked market with very few buyers and lots of sellers.

2) Fundamental value - the fact you have an awesome villa with a beach and everything else the Palm has to offer, take that and compare with similar property anywhere else in the world.

Quite obviously 2) > 1) -------as long as you don't need to sell today and can ride out the storm, then 1) has no relevance to you and you can relax. You lucky bugger :):cheers:

I have bid for 2 sea view shorelines in the last 14 days and been knocked back each time - ended with their coming back asking for more money than 'offered' for. I have mixed views because i have other property there. There will (sadly) be folk around who just have to sell for whatever they can get in order to stay afloat financially (wish i could find them!!), but my experience in trying to buy suggests the market for high profile developments has hit a bottom, esp those developments that are more heavily traded like Palm Jum. Heavily traded commodities tend to fall most and rise first. Having said that, odd sales at below market prices will occur and do the rounds on the blogs of doom - and these will continue to happen until the distressed sales are out the market and that won't happen overnight.

sometimes owners of certain apartments put theirs up for sale at a low price in order to force the market lower - then they dont sell but simply buy another at the lower price. I know this is going on for fact.

Also certain agents telling owners they cant get them more then say 2m to force the sale down to say 1.8m then the day they have their 'friend' buy they sell to another buyer lined up at 2.2m Also i know for a fact this is going on.

These things are going on.... lack of regulation and law.

I've heard on good authority that quite a number of garden villas have been sold during the past couple of months for as little as Dhs6-6.5m which is around 55% less than their peak in the summer.



They are now going for 7m +, however, you will recive emails from certain agents saying 'we have ready buyers for garden villas, market price is currently below 6m' I replied and said i wanted to buy 10 at below 6m. No reply. Utter Boll5x. Agents forced the market up, now they force it down, agents are the gatekeepers of reale-estate which is why its funny there is no regulation for them. In the Uk trading standards and fraud squad would be brought in in certain cases. However, agents will soon trade it up again. Be ready for the ride. As the market matures, likely there will be just a few big agents and they will set the prices.

They are now going for 7m +, however, you will recive emails from certain agents saying 'we have ready buyers for garden villas, market price is currently below 6m' I replied and said i wanted to buy 10 at below 6m. No reply. Utter Boll5x. Agents forced the market up, now they force it down, agents are the gatekeepers of reale-estate which is why its funny there is no regulation for them. In the Uk trading standards and fraud squad would be brought in in certain cases. However, agents will soon trade it up again. Be ready for the ride. As the market matures, likely there will be just a few big agents and they will set the prices.

Well said! :) - its complete Boll5x, I get 1000 emails a day HOOOOT BUYAR GARDDEN VILLA 6 MILION neet - no one is selling at 6 million. - I sold one a few weeks ago at 6m, but that was ''distress'' from someone I knew. a one off. - they drive it up then down - and haven't got a clue what there talking about. I'm an agent myself and it annoys the hell out of me! next time someone tells you the price is now 6m aed - and that they are selling at 6m - ask them to show you the MOU for 6m aed - they will run a mile. !!! :banana:

What about the style, number & frond of the Garden Homes? Don't they effect the price?
I assume the 4 bedroom villas are at 7mil, how about the 5 bedroom ones?

What about the style, number & frond of the Garden Homes? Don't they effect the price?
I assume the 4 bedroom villas are at 7mil, how about the 5 bedroom ones?

These criteria do affect the price, but it's more a question of how desperate the seller is to sell, also at what point they bought, if they were the original purchasers, they can afford to take a bigger loss, or less of a gain.

I get 20 emails a day from agents after Garden Villas.I communicated with one last week really just to wind him up but also test the market.He said the going rate for the 5 bedroom Antrim Entry was 7.5 mill.He sent his buyer (Vulture) around yesterday to have a look at the villa and I told him I wanted 8.5 fully furnished .He tried to haggle but agreed to pay this and offered me a cheque of 1 Million deposit there and then.I told him the price had just gone up to 10 Million...Great fun!

BTW if he had agreed to 10 million i would have put the price up to 12!

Ive got a great idea

Why dont we all name and shame some of the the diabolical Estate agents out there....
DBXQuantam-you seem like one of the good ones-get the ball rolling....

^^ be quicker and easier to name the reputable, knowledgeable honest ones. Here's the list:



See, it was easy.

I get 20 emails a day from agents after Garden Villas.I communicated with one last week really just to wind him up but also test the market.He said the going rate for the 5 bedroom Antrim Entry was 7.5 mill.He sent his buyer (Vulture) around yesterday to have a look at the villa and I told him I wanted 8.5 fully furnished .He tried to haggle but agreed to pay this and offered me a cheque of 1 Million deposit there and then.I told him the price had just gone up to 10 Million...Great fun!


how is it fun to wind up agents...you cant put them all in the same basket

how is it fun to wind up agents...you cant put them all in the same basket

Yes you can IMHO.

Goss - you have just given them a bit of their own medicine:lol:

Actually I did meet Edwards and Towers once and they seemed good people.

99% of the rest are parasites with their Vulture army backing them feeding off peoples misery.In fact every Estate Agent who emails me from now on is going to get led down the Garden path.Your classic early 20`s Agent lourding it up at the Barasti or Longbar are my main targets.Greedy little Capitalist shits who would sell their own Grandmother for a small commission.Those who dream of living on the Palm but will never quite get there because everything that goes around comes around.

sometimes owners of certain apartments put theirs up for sale at a low price in order to force the market lower - then they dont sell but simply buy another at the lower price. I know this is going on for fact.

Also certain agents telling owners they cant get them more then say 2m to force the sale down to say 1.8m then the day they have their 'friend' buy they sell to another buyer lined up at 2.2m Also i know for a fact this is going on.

These things are going on.... lack of regulation and law.


Can you give me an idea of what kind of pries E Type shoreline road facing but on beach side are selling at at present?

^^ Asking prices hovering around 3 million, seen a couple as low as 2.8 but low floors. These are asking prices though, not sure if they are actually selling at that. I have an E type on left side but one of the best, 10th floor with good partial sea view. So i'm curious about this too, might give E&T a call today. Not selling though, still believe in these as a fantastic long term bet.

Dubizzle has an F type park facing 2 bed at 2.25 today, suspect it's just bait though or staring straight at the monorail track.

hahaha, this is great, Im glad you all share the same view as me!

Actually I did meet Edwards and Towers once and they seemed good people.

99% of the rest are parasites with their Vulture army backing them feeding off peoples misery.In fact every Estate Agent who emails me from now on is going to get led down the Garden path.Your classic early 20`s Agent lourding it up at the Barasti or Longbar are my main targets.Greedy little Capitalist shits who would sell their own Grandmother for a small commission.Those who dream of living on the Palm but will never quite get there because everything that goes around comes around.

hmmm...didn't know you had strong feeling on the issue.
how bout the agents who dont drink and dont go to bars? it seems you have been meeting the mostly brits within the 20-30 year group but it still doesnt mean all are like that

hmmm...didn't know you had strong feeling on the issue.
how bout the agents who dont drink and dont go to bars? it seems you have been meeting the mostly brits within the 20-30 year group but it still doesnt mean all are like that

I did say 99%

^^ true true

It doesn't matter whether they drink or not, the other types, the Indian and Pakistani agents are just as bad, they dont have a clue - and you have to do a deal with at least 5 of them LOL ! - ABSOLUTE JOKE.

then you get the Russian agents, good knows what they get up to at a viewing to make a sale.....

Well all I can say is that most of the crap that turns up in my inbox everyday hawking so called Palm distressed sales is from Indian & Pakistani agents "...with cash buyers waiting" .... "today only offer..." .

HOOOOOT OFFCER - CAL NOW FOR VEIWING - 2DAY ONLEY!!!
DISSTRREES SAALE

^^ now thats funny! :lol:

Dubious Dubai Hits Pause Button
by Lloyd Alter, Toronto on 01.16.09

As John noted earlier, a dropping tide sinks all boats. Spiegel Online tells us that The Donald's hotel on Dubai's Palm Jumeirah island has been "postponed." A lot of other projects are tanking as well, perhaps bringing to an end an era of gaudy, glorious excess.

http://www.treehugger.com/dubai-tower-trump.jpg

what a shame:ohno:
Dubious Dubai Hits Pause Button
by Lloyd Alter, Toronto on 01.16.09

As John noted earlier, a dropping tide sinks all boats. Spiegel Online tells us that The Donald's hotel on Dubai's Palm Jumeirah island has been "postponed." A lot of other projects are tanking as well, perhaps bringing to an end an era of gaudy, glorious excess.

http://www.treehugger.com/dubai-tower-trump.jpg

was quoting that really necessary? I mean your response is right underneath the original post.

Dubious Dubai Hits Pause Button
by Lloyd Alter, Toronto on 01.16.09
A lot of other projects are tanking as well, perhaps bringing to an end an era of gaudy, glorious excess.
]

Right. Excess died in 2009. I doubt it. We are in a much needed market correction, might take a while, but I assure you, there will always be a time (eventually) for excess somewhere, somehow on this fine planet.

http://i41.tinypic.com/28r16yr.jpg

na

^^ Well if they can build for low prices nowadays, it will be worthy for the future.

na

^^ Only people much richer than Trump (they is very few of them in the world) :D

^^ Or groups of investors. But I think they will handle this problem..

theres another one.

The Place spreads portfolio to new shoreline location

The Place Hotel Apartments, which established their first offering in the Park Place Tower on Sheikh Zayed Road during May last year, will be expanding their understated accommodation to The Place Palm Shoreline - scheduled to launch in March this year.

http://i39.tinypic.com/t4y5j7.jpg

United Arab Emirates: Wednesday, January 21 - 2009 at 16:34

The development, which is currently nearing completion, will be located on a private beach on the sandy shores of the Arabian Gulf, on the trunk of Palm Jumeirah.

The Place Palm Shoreline will encompass 116 apartments set across a ten-storey building with Dubai Knowledge Village, Media City, restaurants, theme parks and shopping malls nearby. A metro station is located just across the way; for convenient transportation around the island and the rest of Dubai.

The newest property of The Place Hotel Apartments will offer guests a choice of apartments; with relaxing, unobstructed views over the expanse of the sea, or apartments that hold dazzling views of the city's lights and surrounding architectural splendour.

Commenting from the site of the newest property, Saeed Bin Drai, business partner behind The Place, said:

'Since opening The Place Dubai earlier this year, we have been hugely pleased at the success of our hotel apartments, which has demonstrated that many business travellers and tourists are seeking much more than just somewhere to spend the night - they require a real space they can make their own, and a place to unwind when they come to Dubai.'

Essa Bin Hadher, The Place business partner added, 'We have always had our sights set on a second property in Dubai, and Palm Jumeirah presented us with the best option. Its setting on the beach is the ultimate complement to our inner city property and we are looking forward, to welcoming discerning visitors to experiencing our hotel apartments: with a unique blend of understated yet chic interior designs, set within a tranquil environment in a prime location.'

http://www.ameinfo.com/182022.html

Heard a rumour today that they are planning on CUTTING THE QE2 INTO TWO HALFS and stretching it so they can fit more luxury apartments. Hope this is not true. :ohno:

Yes its true, sadly. :ohno:

http://www.dailyecho.co.uk/news/4030574.Now_they_plan_to_slice_QE2_in_half_/

Oh crap! :bash: I can't believe they are actually going to cut this beautiful liner in two...I mean it's bad enough that they are ripping the funnel off...and now this!? So basically they are going to reduce the QE2 into one big pile of scrap metal before turning it into some kind of a stretched limo liner! Who was the genius behind this?! It's disgraceful imo, and nothing more than wanton vandalism! What's wrong with just refurbishing the ship and then leaving it at that? The QE2 just won't be the same if they go ahead with these plans. :ohno: Thx for the link Adam.

Its going to be un-recognizable once they have finished with it, there taking the pipe off the top as well and making that the entrance.....

its not even going to look like the QE2 when they are finished with it :( - whats the point?

This pic is a week or two old, but doesn't look like work has started yet.

http://farm4.static.flickr.com/3426/3221657785_b4825961c2_b.jpg

^^ Hi Adam, is this your pic or do you know where it's taken? Assumed QE2 would be moored somehwhere in Jebel Ali Port, this looks too open, like it might even be around Jebel Ali Palm somewhere?

Cheers

Richard

^^ Yeah, as if Jebel Ali Port and Palm Jebel Ali are thousands of miles apart. :laugh:

Yes its true, sadly. :ohno:

http://www.dailyecho.co.uk/news/4030574.Now_they_plan_to_slice_QE2_in_half_/

this is joke:)

^^ Hi Adam, is this your pic or do you know where it's taken? Assumed QE2 would be moored somehwhere in Jebel Ali Port, this looks too open, like it might even be around Jebel Ali Palm somewhere?

Cheers

Richard

Its port rashid, you can see the cresent of palm deira in the background.

If Nakheel is doing that QE2 issue they might cancel the whole thing like they cancel so many things nowadays... tourism has dropped by 50% since November... who needs QE2...?

^^ Yeah, as if Jebel Ali Port and Palm Jebel Ali are thousands of miles apart. :laugh:

No, and I never said they were, but they are two distinct areas of Dubai that look very different and have very different purposes, Jebel Ali port area is where it was reported that the refurbishment would take place, and is where most undustrial work takes place in that part of the city. Jebel Ali Palm isn't. Hence my post / question. Please accept my apologies for wasting your time Mr. 18,000 posts moderator, I will try to make my posts and the reasons for my questions more clear in future. I am truly deeply sorry.

Its port rashid, you can see the cresent of palm deira in the background.

Yeah, that makes more sense. Mind you considering how long it's been here it doesn't seem to be in any kind of area where they would start work on it. Has a kind of parked and abandoned look about it. I hope that's not the case.

Maybe they're still shopping around for a buzzsaw blade 200 feet in diameter for the little chop job they are about to start :ohno:

but it will be awsome when its done. Im looking forward to seeing it and cant complain if they modify it a little seeing as it was heading for the scrap yard!

but it will be awsome when its done. Im looking forward to seeing it and cant complain if they modify it a little seeing as it was heading for the scrap yard!

Couldn't agree more. All this national treasure bollox is irritating rubbish, if it was such a national treasure why did they sell it to Dubai in the first place? They bought it, they can paint it dayglo orange if they want to.

I did a plotmap for the crescent of The Palm Jumeirah, enjoy!

http://img147.imageshack.us/img147/8159/pjmap2io3.png

:cheers:

Thx a lot King :cheers: Very nice, but erm...where's the monorail bridge that leads out to Atlantis? ;) Only kidding, good work indeed. Very grateful too, of course. :D

Its going to be un-recognizable once they have finished with it, there taking the pipe off the top as well and making that the entrance.....

its not even going to look like the QE2 when they are finished with it :( - whats the point?

Exactly, what's the point here? Rip the funnel off, strip it to the bare bones and then chop it in half...I mean WTF!! :? I understand that they now own this ship and they can do whatever they want with it, but still, this is utter crap imo! A complete refurbishment and a fresh lick of paint...what's wrong with that? The exciting thing about the QE2 heading for a permanent home in Dubai/at Palm Jumeirah was that it would stay exactly the way it is right now, and that we could get great satisfaction from admiring it for what it is/once was. It's true, if/once they do this work it won't be the QE2 anymore. Hopefully, the financial crisis will put the boot into their moronic plans!

I did a plotmap for the crescent of The Palm Jumeirah, enjoy!

http://img147.imageshack.us/img147/8159/pjmap2io3.png

:cheers:

Excellent plan .Many thanks.

No, and I never said they were, but they are two distinct areas of Dubai that look very different and have very different purposes, Jebel Ali port area is where it was reported that the refurbishment would take place, and is where most undustrial work takes place in that part of the city. Jebel Ali Palm isn't. Hence my post / question. Please accept my apologies for wasting your time Mr. 18,000 posts moderator, I will try to make my posts and the reasons for my questions more clear in future. I am truly deeply sorry.

The Port and the Palm (JA) are much closer to each-other then you might think ... and you should know that since you've visited the Norwegian Seamen's Club around there. :lol:

Nakheel and RTA delegation take first official trip on Palm Monorail

- Middle East’s first monorail will welcome passengers on board in April 2009

Dubai, 26 January 2009: Nakheel, renowned for its innovation and pioneering projects, hosted a delegation from the Road Transport Authority (RTA) on the Palm Monorail’s first official ride last week.

The delegation, led by RTA CEO Mr. Abdulmajid Al Khaja, travelled from Gateway Station at the trunk of Palm Jumeirah to Atlantis Aquaventure Station. The journey between the two stations which are at either end of the monorail track, covering a distance of 5.45km, took eight minutes.

Chris O’Donnell, CEO, Nakheel said:

“On the first official journey between Gateway station and Atlantis station representatives from both Nakheel and RTA were able to experience this fabulous example of modern transportation, design and construction. We have been working very closely with our strategic partner RTA since the Palm Monorail’s inception. Our cooperation with RTA extends as far as a joint ticketing system that will enable holders of a RTA farecard to pay for journeys on the Palm Monorail.

“As a result of this cooperation we are delighted to be able to announce that the Palm Monorail will be open for visitors of Palm Jumeirah from April 2009.”

Mr. Abdulmajid Al Khaja, CEO of RTA added:

“Our partnership with Nakheel on the Palm Monorail project has been a very fruitful and exciting experience. It is the culmination of many dedicated people’s hard work and commitment that has allowed us to experience the first official ride on the Palm Monorail. Together, Nakheel and RTA have been focused on delivering a transport service which will enhance the other transportation projects currently underway in Dubai. When we connect the Palm Monorail to the Metro we will be able to offer passengers a seamless journey from Dubai International Airport to the hotels on Palm Jumeirah, using just one farecard.

“As we enter the final stages of completion we look forward to the next important stage of welcoming Dubai’s residents and many visitors here on board.”

The Palm Monorail is the first system of its kind to be completed in the Middle East and sets global standards for the transportation industry. State-of-the-art technology has been employed to overcome a number of challenges including running 1,000m of rail over-sea, meeting Dubai's unique climatic conditions, and protecting the communities of Palm Jumeirah from noise pollution by using a virtually silent track system.

Developed by a consortium of leading international companies, led by the Marubeni Corporation, the Palm Monorail’s system is fully automatic and driverless, although an attendant will be on board at all times. The monorail will initially carry up to 2,400 passengers per hour per direction in four separate trains, each made up of three cars. At full capacity, the figure will rise to a maximum of 6,000 people in nine vehicles.

http://img150.imageshack.us/img150/3391/090126palmmonorailtrainib7.jpg (http://imageshack.us)

(Nakheel)

6000 persons in 9 trains? Where the hell should the people coming from? What should they do on the Palm? Swimming in dead water? The Atlantis is empty!

6000 people per hour, 9 trains maximum capacity.

6000 persons in 9 trains? Where the hell should the people coming from? What should they do on the Palm? Swimming in dead water? The Atlantis is empty!

Good point, they should have built the monorail based on there being just one hotel on the crescent which they knew would be empty. It's silly building infrastructure to cope with the finished project. Seriously? :ohno:

I have lived on the Palm for 2 years now and have noticed the traffic increase significantly over that time, particularly when Atlantis opened. When other hotels on the crescent finish and more end users move into all the apartments and villas, plus when the economy gets back on track, good infrastructure is going to be critical. Don't just think about residents and tourists- think about all the support staff- waiters, cleaners, maintenance etc- there's a whole army of people behind the scenes. Many of these will park at the Gateway Towers station and use the monorail to get to work.

The Monorail was conceived several years ago and back then nobody foresaw that the opening would coincide with this economic slump. Although the Palm and Atlantis is quiet now I think things will pick up one day and it's good to know that the monorail will add another dimension to the Pam infrastructure.

Exactly, Atlantis is not the only hotel opening up, theres going to be around 20 hotels plus all the other thousands of residential units opening up on the cresents.

thats the only way on, that and the tunnel, and they want to cut down car use on the palm. - on weekends theres already ques in the tunnel for atlantis... so this is needed already..

I think there are two main problems: 1. there is no direct connection to the metro, 2. the stations on the trunk are in midst of two large construction sites.

Dirtyharry is really losing his credibility with each statement :ohno:

I think there are two main problems: 1. there is no direct connection to the metro, 2. the stations on the trunk are in midst of two large construction sites.

The Palm Metro will be connected to the main line at some point. Today, if you drive along Beach Road you can see that the traffic has been diverted to make way for construction work and I presume this is to erect a pillar for the monorail. I understand that the two middle stations (Trump and Village Centre) are operational but for now remain closed to the public. For the Trump Station I have heard that Nakheel are going to finish the groundwork on the Trump Tower then grass it over for a few years. If this happens then access to the station should be available. As for the Village Centre, construction is ongoing so I doubt there will be access to the station for some time- there isn't really anyone living close by at the moment- Tiara, The Marina Residences and Oceana are nearest but uncompleted.

RTA: Initial Works of Al Sufouh Tram Kicks Off

Al Tayer: Initial Designs of Stations, Carriages and Depot Approved


Roads & Transport Authority – Mohammed Al Munji:

H.E. Mattar Al Tayer, Chairman of the Board and Executive Director of Roads & Transport Authority (RTA) announced that Alstom - Besix Consortium has started the initial works under Phase I of Al Sufouh Transit System Project. Such works included setting up the precast yard, digging trial trenches, carrying out topographical surveys and soil analysis of impacted sites.

“RTA has approved the initial design submissions prepared by the company for stations, which feature a unique diamond-shaped front-end design, internal layout of carriages, and the depot. Work in the Project is progressing according to the approved schedule and the consortium of the French Alstom, the Belgian Besix, the American Parsons and the French Sistra companies will start utilities diversions in preparation for commencing construction works.

“Safouh Tram Project extends 14 km along Al Sufouh Road. Phase I envisages construction of a 9.5 km-long track starting from Dubai Marina up to Mall of the Emirates Station. The Tram network includes 19 passenger stations 9 of which are covered under Phase I and spread across activity and population density areas along the tram route. Each train measures 44 meters in length and has a loading capacity of about 300 passengers. The fleet will consist of 8 trams in Phase I and 17 more will be added in Phase II such that there will be a fleet of 25 trains in place capable of commuting about 5000 passengers per hour per direction.

“The tram track basically extends at the grade level along Al Sufouh Road but rises in an elevated section across certain areas of Dubai Marina, for reasons dictated by urban structures of the area. It passes in a path parallel to Dubai Metro Red Line and links up with the metro system in three stations along Sheikh Zayed Road where tram stations are linked via footbridges with metro stations to ease transit and exchange of passengers between the two modes. Safouh Tram also links up with the Monorail of the Palm Jumeirah at the entrance of the Palm from Safouh Road to facilitate passenger traffic between the areas served by both projects.

“The Project serves a residential and commercial area along the track of the tram in Al Sufouh, Dubai Marina and Jumeirah Beach Residence. These areas witnessed in recent years high-end urban development for residential, commercial and tourist purposes. They encompass prominent commercial and tourist landmarks such as Mall of the Emirates, Madinat Jumeirah and Burj Al Arab in addition to areas of high significance such as Knowledge Village, Dubai Media City and Dubai Internet City. Demographic studies of the project revealed that those areas have a population of about 180 thousands, 210 thousand workers and 20 thousand visitors. The high population and workers density reflects the importance of the tram project as an initial step in a chain of similar transport modes to cover all high density areas in the emirate.

Safouh Transit System will be a new addition to the outstanding array of projects witnessed by the emirate of Dubai. The train comprises a First Class (Golden Suite), and another carriage dedicated to women and children in addition to a silver carriage. Carriages will have top class interior finishing at deluxe standards and will be fitted with the latest data transmitting and display systems. The train does not need overhead cables for power supply as it will be supplied with a modern and safe ground power cable system, and all stations will be fitted with central air-conditioning systems. Al Sufouh Transit System is the world’s first tram network that uses platform screen doors fully aligned with train door opening and shutting mechanism. This will provide maximum level of convenience, safety and security to passengers, and at the same time maintain the efficiency of air-conditioning quality at the interior of both stations and carriages from external climatic effects. Passenger platform extends 44 meters and is equipped with Automatic Fare Collections systems.

Why is the 3rd frond from the bottom(left side) still empty? Was there a problem that they didn't build on it at the same time as the other fronds?

I noticed that 2(or 4 if you wanna look at it that way) of the fronds close to the Atlantis are also empty but maybe they're building something else on those.

It'll just be odd looking if they build a resort of some sort on the 3rd frond that I mentioned.

http://i41.tinypic.com/2l89soh.jpg

it was a store area , Nakheel wanted to sell villas there but failed, now it is ON HOLD.

Frond N - is just logistics at the moment, but in 1-2 years time, there will be large villas placed on there.

7000 sq ft plus - larger then signatures....

it was a store area , Nakheel wanted to sell villas there but failed, now it is ON HOLD.

Humans were "stored" there as well. ;)

Why is the 3rd frond from the bottom(left side) still empty?

it was a store area , Nakheel wanted to sell villas there but failed, now it is ON HOLD.

Another park for Dubai :banana:

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

Frond N - is just logistics at the moment, but in 1-2 years time, there will be large villas placed on there.

7000 sq ft plus - larger then signatures....

Wow, that sounds good to me! Those villas on these top fronds will no doubt be the cream on the cake as far as PJ goes huh!? :cheers:

http://i43.tinypic.com/2cfz1bl.jpg

http://i41.tinypic.com/1t7bed.jpg

nice shot PG!

Wow, that sounds good to me! Those villas on these top fronds will no doubt be the cream on the cake as far as PJ goes huh!? :cheers:

Yeah they should be fantastic - ONCE completed, but again far into the future...... :ohno::ohno:

Yeah they should be fantastic - ONCE completed, but again far into the future...... :ohno::ohno:

True...long wait here I guess...:cry:

nice shot PG!

Thx :cheers:

It does worry me, when they cant finish Palm Jumeirah - how is there any hope for other projects - when there flagship project is delayed.....

They have alos just re-structured there top management as well - not sure if you read that in the paper today! - Chris O donell is still there as are others, but they have got rid of a lot of managers - and merged the mangers to take care of more the one project.

what an easy job - im in charge on The Universe! LOL :D

what an easy job - im in charge on The Universe! LOL :D

LOL Then we are expecting BIG things from u on that! ;) :D

Palm real estate agent sees 50% price fall

http://i39.tinypic.com/11syyr5.jpg

by Andy Sambidge on Monday, 02 February 2009

A real estate agent dealing in top-end properties on Palm Jumeirah in Dubai said on Monday he has seen prices fall by more than 50 percent since Sept 2008.

Four-bedroom garden homes on the Palm are now selling as low as AED6.5 million ($1.8m), down from AED14 million ($3.8m) in Sept, according to sales agents PowerHouse Properties.

Ian Hainey, Palm sales specialist for the company, said: “We’ve seen a steady stream of bargain hunters in the market shopping for these prestigious addresses, with many motivated primarily by price.

"Many end-users who previously could not afford to live on Palm Jumeirah are also now turning their attention to the bargains currently on offer.

“Palm signature villa prices have also fallen, with even the most popular styles that were selling for over AED30 million six months ago now appearing on the market for under AED15 million."

He said there had been a noticeable increase in Palm Jumeirah buying activity during January as buyers sought to take advantage of lower prices.

"Sales are still being made on the island, with an upsurge in those buying to rent, taking advantage of the bargain prices while still capitalising upon the high rental yields. Garden homes are renting at over AED400,000 and furnished signature villas still commanding rents up to AED1 million.”

Dubai-based mortgage advisor Jack Czechowski from propertyfinancelink.com (http://www.arabianbusiness.com/propertyfinancelink.com) added: “There has been a marked reduction in people seeking to buy properties on the Palm Jumeirah, and therefore obtain finance, but this is true in developments throughout Dubai.

“Those who are still looking to buy are finding it very challenging to obtain finance at the moment. Banks have tightened their policies, reduced lending ratios and increased interest rates. Most lenders have reduced their maximum borrowing ratios from 90 per cent to less than 80 per cent.

“Interest rates have increased from approximately 6.5 per cent to 8.5 per cent and banks will generally no longer lend to non-residents or people employed in the real estate sector. Unfortunately this is preventing many potential buyers from being able to purchase.

“It is difficult to make an accurate prediction on the immediate future, as Dubai has never faced this problem, but it is quite possible banks will review their policies early in the year.”

The Palm Jumeirah was built as the flagship part of Dubai’s ambitious Universe development, which planned to extend Dubai’s coastline to around 625 miles, around 15 times its natural size.

Last month, a report showed property prices in Dubai dropped eight percent in the fourth quarter of 2008, the first quarterly decline since foreign ownership became legal in 2002.

Sales volume also dropped by 45 percent in the last quarter, providing fresh evidence of the global credit crunch hitting the emirate.

When work started on the Palm in 2001, the villas were quickly snapped up at prices from AED2.8 million each, with celebrity buyers including David Beckham and Michael Schumacher.

As 2008 drew to a close, the decision to halt work on Palm Jumeirah’s AED2.9 billion Trump International Tower is one of the more notable effects of the economic downturn.

http://www.arabianbusiness.com/545422-palm-real-estate-agent-sees-100-price-fall

^^ whoops lol.

a few months ago people where turning down offers of 30,000,000 AED for there signatures and now HAHAHHA lol.

Dubai does make me laugh, funny place. :lol::lol:

^^ whoops lol.

a few months ago people where turning down offers of 30,000,000 AED for there signatures and now HAHAHHA lol.

Dubai does make me laugh, funny place. :lol::lol:

What are you, seven years old? Does the misfortune of others always make you laugh, or is it just when it happens in Dubai that your ribs are tickled?

Many of these investors paid less than 5 million, so are still sitting on a paper profit of 10 million or more, and they will recover at some point based on fundamental value. Keep your petty mindless jealousy to yourself.

Richard im not jealous, I have done very well from the palm in my own investment's.

But im not greedy - 25-30M AED was being turned down left right and center because they wanted to make more and more and more holding out for that extra million. GREEEED!!

Am I right in thinking the fall in PJ prices is because they shot up faster and higher than other villas at place like Ranches etc?Maybe they were a little too inflated in comparison?

of course, they are finding there true value now...

it was out of control......

Ranches was pretty inflated mind you - but of course not on the scale of PJ.

Yes...good for the ones that bought at the launch, bad for all that bought after...

Keep in mind that even the 50% drop in prices from 2008 to 2009 leaves the owners that bought at launch still with a very good profit.

omg, what a pic!

is this the QE2 Pier? Is Nakheel using it to store their rubbish? :ohno:

Is it possible to go to dubai with about 1.6 mil durhams on the nose and get a 2 bed on the palm which is what has been stated else where on this thread i that is my dream maybe i,ll have to wait a while ?
Maybe if anybody has a apt for sale can they send me a message :)
http://img124.imageshack.us/img124/5493/dsc02585os6.jpg (http://imageshack.us)

amplesou ^^ you can ask those kind of questions on the Investment thread, not here.


... and BTW someone tell that lady (mother of two) on the picture to be careful 'cause what she's about to do is ilegal in here. :laugh:

I saw last night piling rigs on the division between the lanes in Al Soufuh Road just in front of Gateway Towers. Probabaly they are going ahead now with the Palm Monorail extension to Dubai Metro.

I saw last night piling rigs on the division between the lanes in Al Soufuh Road just in front of Gateway Towers. Probabaly they are going ahead now with the Palm Monorail extension to Dubai Metro.

I think its for the tram.

shoreline beach..... ahhh... best place in this city....

^^ Why would they start work for the tram right in front of the Palm?

Singapore firm to operate, maintain Palm Monorail

Singapore’s SMRT Engineering (SMRTE) has finalised a AED 300m ($81.7m) contract to operate and maintain the Palm Monorail on Nakheel’s Palm Jumeirah development in Dubai, the company announced on Tuesday.

Under the six-year contract, SMRTE will be responsible for the overall operational management of the system, the day-to-day operation of the monorail’s stations, ticketing, as well as maintenance.

Final testing is ongoing on the monorail, which will open to the public in April.

The contract is estimated at AED 50m annually, according to SMRTE, a subsidiary of SMRT Corporation.

The two companies signed a contract on Tuesday after Nakheel appointed SMRTE to commence preparation for the operation of the system in 2007.

The first monorail project to be constructed in the Middle East, the system is fully automatic and driverless, although an attendant will be on board at all times.

It will initially carry up to 2,400 passengers per hour per direction in four separate trains, each made up of three cars. At full capacity, the figure will rise to a maximum of 6,000 people in nine vehicles.

http://www.arabianbusiness.com/546359-singapore-firm-to-operate-maintain-dubais-palm-monorail

^^ Why would they start work for the tram right in front of the Palm?

Work has begun?

Great to see infrastructure projects going ahead.

^^ Work on what?

^^ Errr, tram work that i quoted from your post.

The tram is finished, apart from the gateway village -station on Al Shofah Road.

The tram is finished??? What have I missed??? Not seen any work on it anywhere from Marina to Al Sufou road other than right outside Gateway Towers.

From what I understood, the tram system was to be used to link up to the main mono rail - the Palm monorail is not going to connect to it directly - you have to go palm monorail, tram, main monorail.

yeah all Palm tram is done,

They have just started ground work on the al sofah line, which links the palm tram to al sofah line to the sz road line (red line)

Errrr, we were referring to the Soufouh Tram and not the Palm Monorail.

oh my bad..

^^ Errr, tram work that i quoted from your post.

And where that might be, except the bridge over Marina canal near Infinity and Grosvenour? Even that is not done by the ALSTOM-led consorcium. They haven't started any real field work yet.

13/February/2009

TRUMP INTERNATIONAL HOTEL & TOWER

http://i42.tinypic.com/2v3hm50.jpg

http://i44.tinypic.com/30ldlio.jpg

http://i44.tinypic.com/6fm3xc.jpg

http://i44.tinypic.com/14vpaw3.jpg

http://i43.tinypic.com/sxgac6.jpg

http://i42.tinypic.com/2i6mcux.jpg

http://i42.tinypic.com/1059wzs.jpg

http://i43.tinypic.com/kt6bq.jpg

http://i42.tinypic.com/zvr775.jpg

http://i44.tinypic.com/25h26nl.jpg

Thanks IMRE

I hope the park is pretty.

On Thursday I saw alot of activity on the QE2 landfill, I saw piling work going on and a moving crane. anyone know of any further updates?

my first instinct on those photos were airport, holy **** that's not possible, but would be astonishing.

I visited Tiara today and took the following photos of the Igy Marina. I didn't see the progress of the clubhouse but the berths look excellent.

Igy Marina:

http://tinypic.com/view.php?pic=wliiq&s=5



Close up of the Igy Marina berths:

http://tinypic.com/view.php?pic=zvc4x&s=5

Hi

Is anybody interested in renting their villa or apartment for 1 week commencing Friday April 10th. There are only 2 of us and we are also villa owners but our villa is let long term.
Please PM me.

I visited Tiara today and took the following photos of the Igy Marina. I didn't see the progress of the clubhouse but the berths look excellent.

Igy Marina:

http://tinypic.com/view.php?pic=wliiq&s=5



Close up of the Igy Marina berths:

http://tinypic.com/view.php?pic=zvc4x&s=5

Thx Andy_W :cheers:

Is it only one berth allowed per resident?

Thx Andy_W :cheers:

Is it only one berth allowed per resident?

Residents of Tiara and Oceana do not receive berths and I don't think Maraina Residence owners do either. From my understanding if people are interested in berths they have to buy/ rent them from IGY which can be done through their website. I'm not sure how much they are though.

The Palm Jumeirah
http://i39.tinypic.com/zlsxgg.jpg


Concept
http://i44.tinypic.com/5owf4o.jpg


to completion
http://i43.tinypic.com/285jbs.jpg

Residents of Tiara and Oceana do not receive berths and I don't think Maraina Residence owners do either. From my understanding if people are interested in berths they have to buy/ rent them from IGY which can be done through their website. I'm not sure how much they are though.

Oh OK, thx for the info :cheers:

just found this article on the Nakheel Communities website:

http://media.cdn.nakheel.com/portal/nam/namcommunities/Portal%20Content/Image%20Bank/Home%20Page/Turtle_ed.jpg

Creature Feature - Green Turtles

An insight into one of the species thriving in the waterways of Palm Jumeirah.

April 30th 2008

The waters surrounding Palm Jumeirah are rich in a wide variety of marine life. One species which is thriving in this new environment is the endangered Green Turtle.

The Green Turtle (Chelonia Mydas) gets its common name from the colour of a layer of fat which lies directly beneath its shell. The species is easily recognisable by its paddle-like arms and beaked head. Adult Green Turtles can grow up to 1.5 metres long.

Green Turtles can be found throughout tropical and subtropical seas around the world but they are very selective about their feeding and mating sites. Entire generations will often migrate between the same feeding and nesting areas and have been known to travel more than 2,600km to reach their chosen spawning grounds, often returning the same beach where they originally hatched.

After mating in the water, females make their way onto the beach in search of suitable nesting sites. Upon finding an acceptable area, the female digs a hole with her hind flippers and deposits her eggs in the nest. After laying her eggs, the nest is covered with sand and the female returns to the water. 45 to 75 days later the eggs will hatch and the young will make their way down to the water. If young turtles survive their early years they have the potential to live for up to 80 years.

Unfortunately, the major threat to the Green Turtle comes from humans who continue to hunt the creatures for their flesh and shells. For this reason the Green Turtle is now classed as an endangered species and it is therefore illegal to import, export, kill, capture or harass them.

If you happen to find yourself in the privileged position of seeing one of these amazing animals feel free to observe it from a distance but please, under no circumstances attempt to interact with it.

http://communities.nakheel.com/portal/site/namcommunities/menuitem.fa024e5a64f94b0f8ceb84ae3b4251ca/?vgnextoid=ad2fc78cbfb1b110VgnVCM10000077101dacRCRD&vgnextchannel=bec0a3ab1ebd9110VgnVCM100000b32415acRCRD

I never knew that there was actually that much marine wildlife at the waters around PJ, would like to know more about that :cheers:

this villa location is the Logo Island? Huge yacht there:)

18/February/2009

Palm Jumeirah

http://img6.imageshack.us/img6/4311/imresolt04qj4.jpg (http://imageshack.us)

http://img201.imageshack.us/img201/9788/imresolt07tg1.jpg (http://imageshack.us)

http://img147.imageshack.us/img147/3447/imresolt10il8.jpg (http://imageshack.us)

http://img147.imageshack.us/img147/3537/imresolt12qu7.jpg (http://imageshack.us)

Credit crunch is clearly hurting some. . .

So when i read PJ is sinking in NYtimes.... not true right?

this villa location is the Logo Island? Huge yacht there:)


yes that's right, it is the right hand Logo Island, it is private and belongs a person called Shaikh Haroon Rashid and this yacht is as high as a 10 storey building!!!!!

Credit crunch is clearly hurting some. . .

So when i read PJ is sinking in NYtimes.... not true right?

of course it is not sinking :)

This looks like the Dubai Yacht. Sheikh Mohammed's own yacht, largest private yacht in the World

This looks like the Dubai Yacht. Sheikh Mohammed's own yacht, largest private yacht in the World

I doubted that when I first saw the pics, but you're actually right. Compare

http://www.superyachttimes.com/editorial/3/article/id/293

Interesting they moved it, was recently reported that the refurb was a long way from complete.

Imre... where did you take that photo from? Its too close to be from the public beach opposite the black palace. It looks like the private land between the 2 palaces. How did you get on there... is there any security?

Imre... where did you take that photo from? Its too close to be from the public beach opposite the black palace. It looks like the private land between the 2 palaces. How did you get on there... is there any security?

its an open beach , next to the Sheikhs Palace , its open for everyone

its an open beach , next to the Sheikhs Palace , its open for everyone

the one behind the walls.... or the one without?

without:)

without:)


thanks :)

i mentioned that oneof the islands was gonna house Sh Mos new Palace ages ago and i think i got shot down! Thats Dubai anchored off it.

Yep definitely Sheikh Mo's 'Dubai' Yacht, amazing.... :O

You know there are at least 2 or 3 rap stars lurking on this thread now thinking: I gotta make a video on that boat!

The Palm Jumeirah
Concept
http://i44.tinypic.com/5owf4o.jpg
to completion
http://i43.tinypic.com/285jbs.jpg

Nakheel shows they can deliver if they get their act together.

Nakheel shows they can deliver if they get their act together.

Yup, couple of minor differences now. Back then they had billions of dollars and contractors climbing over each other to work with them.

Those were the days..............

Pity that there are no boats and people on the beach... :(

from january 29th 2009
http://i42.tinypic.com/15rkx2b.jpg
Source:http://www.flickr.com/photos/43335526@N00/3300589700/

^^ Great shot! PJ looks absolutely beautiful here. Nakheel really need to put everything into finishing this one particular project above all IMHO!

Thx germantower :cheers:

^^ you are welcome PG! Yes you are right, they should concentrate now to finish this island, since this one has already people living on it, finished infrastructure and so on, it's already like an evolving community. IMO this should force Nakheel to think about priotities and put less important projetcs on hold and finish ones like this.

I agree, in my opinion they should entirely cancel The Universe, stop all works on Dubai Waterfront (but not Veneto, Badrah and areas that are sold), stop entire Palm Jebel Ali (expect what has being sold like Waterhomes) and finally Palm Deira, they should not spend a single dirham on this. They need to finish The Palm Jumeirah first with all its subprojects and they should make sure that construction on the crescent speeds up, urgently!

^^ if only their oversized egos could listen to you.... but again this is the real world:D

I agree, in my opinion they should entirely cancel The Universe, stop all works on Dubai Waterfront (but not Veneto, Badrah and areas that are sold), stop entire Palm Jebel Ali (expect what has being sold like Waterhomes) and finally Palm Deira, they should not spend a single dirham on this. They need to finish The Palm Jumeirah first with all its subprojects and they should make sure that construction on the crescent speeds up, urgently!

couldn't agree more - it seems such a must. Finish what there is - make it special - and also lets get real in terms of occupancy! When they finish what is started it is already likley to be too many apts / villas for the current requirement. It will also help create a price bottom because it will reduce the anticpated over over flow....

Hi Ezste
Have you found a villa yet?

25/February/2009

Logo Island , Palm Jumeirah

http://img5.imageshack.us/img5/9499/imresolt078.jpg (http://imageshack.us)

Pity that there are no boats and people on the beach... :(

For some reason, raw sewage tends to keep people away safely in their houses. Strange.

^^Is it a real problem at PJ?

http://farm4.static.flickr.com/3474/3311538538_c7a6f3c76f_b.jpg

http://img152.imageshack.us/img152/6905/clsshrt.jpg (http://img152.imageshack.us/my.php?image=clsshrt.jpg)
But hey you can loose it ?
Right guys !

^^ Right with you there, Dude. i had one for a couple of years but then the wheels fell off. Takes me right back to 'nam.

PJ ( Aerial video )

http://www.youtube.com/watch?v=ao62hEaDajY&feature=channel_page

PJ ( Aerial video )

http://www.youtube.com/watch?v=ao62hEaDajY&feature=channel_page

Cool vid bizzy ... pity it's so short though.

We want a full sweep of PJ immediately so get your chopper out of storage tonight and get on the job! ;) :D

^^Is it a real problem at PJ?

I live on Frond D & i have NEVER had a problem, the sea is lovely & clean, ive even seen sting rays & turtles so it cant be that dirty

I live on Frond D & i have NEVER had a problem, the sea is lovely & clean, ive even seen sting rays & turtles so it cant be that dirty

don't forget to take pictures the next time! :cheers:

I think the water quality will worsen as soon as marinas are open and the overall activity and traffic increases, that will also kill most of the turtles.

For some reason, raw sewage tends to keep people away safely in their houses. Strange.

Na, thats an out and out lie, at least it isnt a problem in PJ, the sea is clean and fresh, never get sick swimming, yet to see any sewage, u can even fish of the shoreline and catch decent size fish. Honestly when i read about that and the cockroaches coming out of taps in the NY times along with the island sinking i began to wonder if there really were weapons of mass destruction... do u think they just make stuff up?

^^u can even fish of the shoreline and catch decent size fish.

I agree, funny enough last week a friend of mine caught one and cooked.
Must say it was delicious. No Joke.

^^ interesting because in the fish market people don't get good fish anymore because of those Palms and the ban of fishing near them.

Oh fishing is so good on the palm!

You just take your canoe out and go around the crescent at the end of C frond is where Im usually at.

But you have to go early morning or early evening, i came home with a massive one a while ago.... could not fit it in extra large bbq.. :)

I was recently at a friends place on the palm and the sand on the beach felt like it was crushed shells and not soft beach sand.
I had read earlier that they were supposed to put a new layer of sand on the beach fronts to make it seem like an actual beach.

Ive been to beaches all around the world and for what Nakheel Claimed the palm as "The Best Beach in the world" they have fallen way short of their goal

I was recently at a friends place on the palm and the sand on the beach felt like it was crushed shells and not soft beach sand.
I had read earlier that they were supposed to put a new layer of sand on the beach fronts to make it seem like an actual beach.

Ive been to beaches all around the world and for what Nakheel Claimed the palm as "The Best Beach in the world" they have fallen way short of their goal
^^
That does'nt sound like Nakheel to fall short of their goals.......:lol:

The shoreline beach is quite wide and the sand at the top is not great - crushed shells etc but sand closer to the water (last 6 meters or width) is pretty decent.... IMHO

I think they did a decent job. Things im disappointed in - and this may change as hotels open up, tennis courts, squash courts etc.... gyms are excellent btw.

Also for the service fee - shouldn't they heat the pools in winter?

Also police on the main road after 12pm - amount of drunk drivers reveing, racing and driving like twats when atlatnis Night club shuts is an accident waiting to happen...

Marina Residences to be occupied by April

http://i42.tinypic.com/mme63c.jpg

By Deepthi Nair, Sub Editor
Published: February 26, 2009, 11:50

Ostentatious project launches in Dubai are so passé. These days, brick-and-mortar rules and if it can shown on site, all the better.

For now, developers, both government-owned and private, have cottoned on to site tours to better project ground realities to skeptical scribes. On this occasion, it was Nakheel’s turn to and take journalists on a boat reconnaissance to one of its prestige developments, the Marina Residences on the Palm Jumeirah.

Set on the trunk of the island, the Residences comprise six V-shaped residential towers. To add sheen to the upscale property, every apartment opens onto the Anchor Marina, where 590 berths are to be handed over in the next few weeks. Nakheel claims the residences are 90 per cent complete and the 900 apartments will be handed over from April onwards.

On whether investing in Marina Residences would provide the returns that investors were attuned to until recently, Johann Schumacher, Managing Director of Palm Jumeirah, says: “Waterfront living appeals to all. Investing in property on the Palm will always have long-term value. Besides, the Dubai property market is an exciting market to buy into despite the softening.”

However, the handover will be in a phased manner. Only units in the Building Bay will be delivered in April while the entire development will be ready to move into by the end of June. “This is logistically easier and helps reduce the sheer volume of occupants moving in,” Schumacher adds. “A phased handover will also ensure that residents can move into a finished product where they will not be troubled by the noise of construction.”

The townhouses on the marina-front promenade and the premium penthouses have not been released as yet into the market, while only a handful of apartments remain to be sold in the Marina Residences precinct. The apartments don’t come cheap — they are priced between Dh2 million to Dh8 million. Those with a direct view of the Burj Al Arab will cost dearer.

However, unlike their counterparts who are willing to revise payment options, Nakheel insists that investors should honour their commitments if the project is on schedule. But, the developer mentions that it refers clients to the Gulf Lenders’ Network (GLN) if they are in need of mortgage. Both the Anchor Marina and the apartments are awaiting inspection by independent bodies before the handover.

The residents will have quite a few retail options to choose from. The excavation work is complete for the Palm Mall, which will be connected to the Marina Residences via a walkway. For art aficionados, Nakheel will set up a permanent theatre to host the glittering Cirque du Soleil in 2012. The buildings will also have a private promenade, swimming pools, a temporary clubhouse and state-of-the-art gyms. Accessibility to the Marina Residences has been enhanced by Monorail connectivity. It will be operational in April and will have stops at the Gateway station and Aquaventure water theme park at the Atlantis.

Life in the middle of the ocean, a la French Riviera style, can indeed be peaceful. But, how many will be willing to shell out big bucks in these times of financial duress? Nakheel obviously would be hoping there are enough of them out there.

Palm update

• The Palm fronds will feature 30 top hotels such as the Ottoman Palace, Kingdom of Sheba, Heritage Grand, Movenpick, Kempinski, Taj and the Fairmont Hotel. The only one operational as of now is of course the Atlantis.

• Work on the ambitious Trump International Hotel and Tower has been temporarily suspended. However Johann Schumacher of Nakheel remains optimistic: “We are committed to finishing work on the hotel as it is a fantastic piece of architecture. We will take a relook at the mixed-use project when our financial resources look up.”

• Meanwhile, construction work has reached tangible proportions on the Tiara Residences, which will be handed over later this year. Zabeel Investments’ flagship hospitality brand, Tiara Hotels and Resorts, has been renamed the Essque Hotel. Its replica, the Oceana Hotel and residential apartments will be managed by the Movenpick.

• The Palm Jumeirah will have a sprawling 7.8-hectare Central Park. It will run underneath the Monorail line and be flanked by the Golden Mile and the Shoreline apartments, which have already been delivered.

http://www.gulfnews.com/PropertyWeekly/Freehold/10289598.html

Nakheel mulls plan to open QE2 to visitors

http://www.arabianbusiness.com/548951-nakheel-mulls-plan-to-open-qe2-to-visitors


SHIP PLEDGE: Nakheel has reiterated its commitment to transform the QE2 into a luxury hotel, adding it may open her to visitors prior to the refurbishment starting.

http://i40.tinypic.com/2ebagx4.jpg

Master developer Nakheel on Sunday revealed it may open the QE2 liner to visitors while it draws up plans for its transformation into a luxury hotel.

The company also reiterated its commitment to the renovation scheme and insisted there were no plans to sell off the world famous liner amid the current global economic crisis.

"The ultimate goal is to renovate and refurbish QE2, and for her to be the focal point of a luxury precinct, dedicated to her, that will recreate an authentic luxury ocean liner ambience and lifestyle. In the meantime there is no question of QE2 being operated as a cruise liner or of her being sold to any third party whatsoever," said a company statement sent to Arabian Business.

Nakheel added that it was also investigating the possibility of opening the QE2 to visitors in her current condition for a short period of time before her refurbishment begins.

A final decision on whether this will be possible is expected within the next month or so.

QE2 is currently berthed at Port Rashid where she has been since her arrival in Dubai on November 26 2008.

Since her arrival in November, Nakheel has implemented a maintenance and repair programme and is currently operating her with a minimal crew.

This involves keeping at least one engine running to provide power and lighting and to ensure that air is circulating properly throughout the ship to avoid unnecessary deterioration of the key historic areas of the ship which Nakheel will be restoring and preserving.

Nakheel has also been conducting a comprehensive survey of the ship and has commissioned up to date engineering drawings.

"This is a very important and time-consuming process and, until a complete set of accurate drawings is finalised, it is not possible to finish the designs for her refurbishment," the statement added.

Current estimates indicate that this initial design process will not be completed until after the summer of 2009 at which time it will be possible to develop full timelines for her refurbishment and restoration.

Initial plans for the QE2 hotel comprise 200 rooms which will all be a minimum of 50 square metres and of these, around 10 per cent will be suites.

There will also be a 500-seat luxury theatre which will host productions rivalling those in London's West End and Broadway, as well as a 5,000 square metre indoor and outdoor wellness centre and spa.

Other features include five restaurants and three-star Michelin chef Michel Roux will be in charge of the menus.

The ship will be able to hold 1,500 guests, including guests just visiting for dinner.

The ship will form the centrepiece of the QE2 precinct, on Palm Jumeirah which will also include a land area, complete with residential units and a yacht club.

08/March/2009

Palm Jumeirah

http://i43.tinypic.com/oubp14.jpg

http://i41.tinypic.com/3325e6g.jpg

great pics as usual Imre, the marina is very busy at the moment with the boat show.... and traffic is bad as well! :)

From yesterday

http://www.quetschluft.de/dubai/300_2613_qa.jpg

http://www.quetschluft.de/dubai/300_2617_qa.jpg

http://www.quetschluft.de/dubai/300_2624_qa.jpg

http://www.quetschluft.de/dubai/300_2628_qa.jpg

Nice shots! :cheers: Amazing to see/hear that so many people can't stand the sight of this thing! Too ugly for some? LOL

Too ugly? :dunno:

Ok, maybe they expected something beautiful like this

http://rawartint.files.wordpress.com/2008/02/future-train-21.jpg

http://home.blarg.net/~wayule/graphics/jet_train.jpg

http://mechanicrobotic.files.wordpress.com/2007/07/type-n700-train.jpg

http://1.bp.blogspot.com/_EocnQnbBM1I/RtSrNkCEV2I/AAAAAAAAAYQ/NGsHa-fxl4k/s400/future_jet_train.jpg

:hahaha::crazy:

http://mechanicrobotic.files.wordpress.com/2007/07/type-n700-train.jpg

^^ Now you're talking! :banana: The Japanese community would just love this huh!? Make 'em feel right at home. :lol:

Kempinski Palm Residence property in Dubai readies for 2009 delivery

Date: 11/03/2009

http://i42.tinypic.com/537q53.jpg

Poznyakizhilstroy Corporation, Ukraine's leading real estate development and investment company, has announced a series of important milestones for its 4 Kempinski hotel development projects The company operates in Dubai as Emerald Palace Group, which owns and develops its projects in the UAE. The Kempinski Palm Residence and Hotel on Palm Jumeirah in Dubai, is currently under construction and the company confirmed it is on track for completion of the Residences by the end of 2009 and of the Hotel during 2010.

Artur Mkhitaryan, President, Poznyakizhilstroy Corporation, said, "As the leading private developers in Ukraine, with strong cash reserves and no gearing, we have been well-placed to insulate our projects from the effects of the global liquidity crisis and are in a very strong position to conclude our projects. That means we are able to press ahead in 2009 and see us strongly positioned in 2010 and beyond, as the market picks up again.

The other two hotel properties in Dubai - the Kempinski Business Bay and the Kempinski Jebel Ali - will start construction during, early 2010, as planned. Poznyakizhilstroy also announced that the designs have been completed for its new Kempinski Plaza Kiev development, and this will be complete in time for the 2012 UEFA European Championships.

http://www.vistadubai.com/dubai-news/news-bulletin-1105.html

http://mechanicrobotic.files.wordpress.com/2007/07/type-n700-train.jpg

^^ Now you're talking! :banana: The Japanese community would just love this huh!? Make 'em feel right at home. :lol:

That doesn't look like a Bentley to me

That doesn't look like a Bentley to me

Sure it does. ;) lol


:D

The Palm monorail lookss VERY toy-like, IMO. They should have taken a page from Disney Imagineering's newest monorail: http://rds.yahoo.com/_ylt=A0S0202XtLlJjpoA.E2jzbkF/SIG=12bvcjm1c/EXP=1236993559/**http%3A//www.flickr.com/photos/insidethemagic/2432671745/

^^ then others would come around and complain about it's "tackyness"! I think Nakheel had to decide about much more important things related to the Palm Jumeirah than "mhhhh what should the monorail trains look like?"! Most users will never care about it's design.....

^^ True, I suppose in the end all that really matters is that the PJ Monorail is clean, reliable and gets you to your destination without too much fuss. Oh, I think clean windows will be absolutely essential because it should also be lots of fun to look out of while riding along as you take in a host of the wonderful attractions that PJ has to offer - albeit minus one TT! :D

http://mechanicrobotic.files.wordpress.com/2007/07/type-n700-train.jpg

^^ Now you're talking! :banana: The Japanese community would just love this huh!? Make 'em feel right at home. :lol:

http://img90.imageshack.us/img90/5476/imresolt189il3.jpg (http://imageshack.us)

:)

They should have taken a page from Disney Imagineering's newest monorail: http://rds.yahoo.com/_ylt=A0S0202XtLlJjpoA.E2jzbkF/SIG=12bvcjm1c/EXP=1236993559/**http%3A//www.flickr.com/photos/insidethemagic/2432671745/

The page linked is blocked ... maybe that's why they couldn't take it :lol:

Does anybody actually use it?

Disneyland's new monorail does not look inspiring imo. Many have said it looks like something Mrs. Shamu would use when Mr. Shamu was out on business. The designers couldn't come up with a futuristic look, so they chickened out design wise and did something retro.

Fan of the good ol' Bob Gurr design:

http://www.mpimages.net/mp/compressed/contributed_general/Mk_IV_Mk_VI_Models1.jpg

http://img90.imageshack.us/img90/5476/imresolt189il3.jpg (http://imageshack.us)

:)

:D

such an ugly monorail for a city like dubai :bash::bash::bash::ohno::ohno::ohno:

Yes, when I saw the monorail, it immediately reminded me of the monorail in Tokyo Disneyland and Disney World in Florida.

Yes, when I saw the monorail, it immediately reminded me of the monorail in Tokyo Disneyland and Disney World in Florida.

The street lights in Dubai remind me of the ones in New York - thats because that is what street lights look like? You were perhaps thinking they might create one that looked like a Palm Tree, even a giraffe?

don't forget to take pictures the next time! :cheers:

I think the water quality will worsen as soon as marinas are open and the overall activity and traffic increases, that will also kill most of the turtles.

Ha Ha....

I have photos, took them a few weeks back but i cant upload them if you pm me you e mail address i can send them to you to upload ?

I was recently at a friends place on the palm and the sand on the beach felt like it was crushed shells and not soft beach sand.
I had read earlier that they were supposed to put a new layer of sand on the beach fronts to make it seem like an actual beach.

Ive been to beaches all around the world and for what Nakheel Claimed the palm as "The Best Beach in the world" they have fallen way short of their goal

I kind off agree.... each frond is different im on D middle Number just around the curve of the frond & my section is beautiful BUT my friend on C has a low numbered villa & his beach is more ' crushed shell like, apparently its because of the curve of the frond, the whole Tide thing (i dont know exactly but thats what i was told by my friend at Nakheel) etc etc...

Palm Jumeirah still attracting high demand and prices

http://i40.tinypic.com/33v2rdk.jpg

March 16, 2009 by OPPE News (http://www.offplanpropertyexchange.com/news/author/admin)

Developers behind some of the most luxurious property in Dubai (http://www.offplanpropertyexchange.com/property/guide/middle_east/dubai) on the iconic Palm Jumeirah say it is still attracting high demand and prices.

Last month real estate broker PowerHouse Properties warned prices on the man-made island were falling fast, with some real estate going for 50 per cent less than peak prices.

But Poznyakizhilstroy Corporation, which is building the Kempinski Palm Residence and Hotel (http://www.kempinski-residences.com/en/owning/locations/kpres_jumeirah/introduction/), said interest had been high and apartment property had so far fetched an average price of $2.3 million a unit.

Poznyakizhilstroy, Ukraine’s leading real estate development and investment company, revealed some of the details of the scheme at last week’s MIPIM 2009 property show in Cannes, France.

The firm said: “The Residences have been one of the most successful projects in the UAE, with the some of the highest prices achieved for property on Palm Jumeirah.

“The 202 properties sold to date included 190 apartments sold at an average price of $2.3 million, with penthouse apartments selling for an average of $6 million and the grand villas reaching an average of $10 million.”

Private real estate opportunities at the development include views of the Arabian Gulf, climate control systems and the latest entertainment technology.

The exclusive Dubai property (http://www.offplanpropertyexchange.com/article/dubai_essential_buying_notes.html) is part of the Kempinski Hotel Emerald Palace, which also has 250 of the most luxurious hotel rooms in the UAE, all with a view of the sea.

http://www.offplanpropertyexchange.com/news/2009/03/palm-jumeirah-attracting-high-demand-prices/967

Hi guys,
Moreover Palm Tax or Services Charges depending each propertie...Does anyone know if there are other kind of Taxes,Rates,expenses...??
Palm taxes from the trunk are difference from the crescent?
Thank you

Hi guys,
Moreover Palm Tax or Services Charges depending each propertie...Does anyone know if there are other kind of Taxes,Rates,expenses...??
Palm taxes from the trunk are difference from the crescent?
Thank you

:dunno:

Its beautiful, in every way possible. But I think they condenses the leaves, or whatever they are called with too many houses so close together. They could have spread it out a little more, added more green space. It would have looked better.

Also, has anyone noticed that on some of the leaves, the amount of beach in behind the house is very minimal? I think they might have under judged that...

Yes, when I saw the monorail, it immediately reminded me of the monorail in Tokyo Disneyland and Disney World in Florida.

uhhhhh ... guys, that is the monorail from WDW Japan. Look at the picture headings and the micky mouse ears on the sides.

Its beautiful, in every way possible. But I think they condenses the leaves, or whatever they are called with too many houses so close together. They could have spread it out a little more, added more green space. It would have looked better.

I agree, but as always, it simply comes down to $$$$$$$$$$$$$

I agree, but as always, it simply comes down to $$$$$$$$$$$$$

True, but it still would have brought in money regardless....

Yeah but they wanted MORE MONEYYYY!!!

Went for a drive around the left side of the crescent. You can drive all the way round to the tip plot now, no security.

I was gobsmacked, expected 80% of it to be deserted. There's construction in full swing on almost every plot, and some beautiful properties. Great landscaping taking shape on the breakwater promenade too. Going back with my camera next time. Anyone who thinks Dubai is dying should take that drive.

The $64,000 question is whether the tunnel can cope with traffic volume when all these properties are operational.

Tip plot has a very basic signboard up, stencilled by hand, that says " Royal Mirage phase 3, Sheikh Ahmed bin Saeed al Maktoum". This is one I haven't seen a thread for yet (correct me if i'm wrong). Smart move though, as its almost opposite the existing Royal Mirage, so they will be able to ferry guests out by boat....

As Mark Twain would have said "the rumours of Dubai's death are greatly exaggerated :cheers: :banana: :cheers:

Nice one, im going to go up there today!

Sheikh Ahmed (Emirates) - loves his hotels builds so many!!!

I also think the tunnel is going to be a big problem, its busy at weekends for Atlantis - with not even 50% capacity in the hotel - and there are 20+ hotels going there.

Richard, after you come out of the tunnel - do you turn left (emerald palace) or turn right towards Atlantis and down to Al Fattan Jumeirah Resort???

Thanks,

Nice one, im going to go up there today!

Sheikh Ahmed (Emirates) - loves his hotels builds so many!!!

I also think the tunnel is going to be a big problem, its busy at weekends for Atlantis - with not even 50% capacity in the hotel - and there are 20+ hotels going there.

Richard, after you come out of the tunnel - do you turn left (emerald palace) or turn right towards Atlantis and down to Al Fattan Jumeirah Resort???

Thanks,

You can turn immediately left out of tunnel, I turned right past Atlantis and went as far as I could that side, not quite so much to see, then I turned round once I hit security for Royal Amwaj plot and did almost the full length of the crescent. Take your camera !!!

The tunnel is going to be :ohno:. Stayed at Atlantis during Eid 10 days after it opened. Hotel was full. Queued for 45 minutes just to get into the tunnel !!! They will undoubtedly have to connect both ends of the crescent to the mainland as they have for PJA, or think of something else creative, like not allowing cars on at all and forcing people to use the monorail and shuttle buses (which I think is at least partially in the plan somewhere). Not sure i'd be happy jumping in and out of trains and buses if I paid top end for a 5/6/7 star hotel room though, they will have to be very carefully selecive with that.

Ok great, Im going now, take loads of pictures, not coming back the office - so will upload all pictures tomorrow...

You can turn immediately left out of tunnel, I turned right past Atlantis and went as far as I could that side, not quite so much to see, then I turned round once I hit security for Royal Amwaj plot and did almost the full length of the crescent. Take your camera !!!

The tunnel is going to be :ohno:. Stayed at Atlantis during Eid 10 days after it opened. Hotel was full. Queued for 45 minutes just to get into the tunnel !!! They will undoubtedly have to connect both ends of the crescent to the mainland as they have for PJA, or think of something else creative, like not allowing cars on at all and forcing people to use the monorail and shuttle buses (which I think is at least partially in the plan somewhere). Not sure i'd be happy jumping in and out of trains and buses if I paid top end for a 5/6/7 star hotel room though, they will have to be very carefully selecive with that.
Yes they should have had connections between the edges of the crescent and the mainland. Also it would by a massive project since they'd have to build tunnels because the logo islands are in the way. Also where would you connect them to? For one side it looks easiest to connect to the dubai promenade in the marina but that would be hell once the tallest block is finished, etc. :ohno:

Atlantis, seen from The Walk at Dubai Marina

http://www.quetschluft.de/dubai/300_3099_qa.jpg

You can turn immediately left out of tunnel, I turned right past Atlantis and went as far as I could that side, not quite so much to see, then I turned round once I hit security for Royal Amwaj plot and did almost the full length of the crescent. Take your camera !!!

The tunnel is going to be :ohno:. Stayed at Atlantis during Eid 10 days after it opened. Hotel was full. Queued for 45 minutes just to get into the tunnel !!! They will undoubtedly have to connect both ends of the crescent to the mainland as they have for PJA, or think of something else creative, like not allowing cars on at all and forcing people to use the monorail and shuttle buses (which I think is at least partially in the plan somewhere). Not sure i'd be happy jumping in and out of trains and buses if I paid top end for a 5/6/7 star hotel room though, they will have to be very carefully selecive with that.

Hi Richard,

Went straight out of the tunnel going left up the ramp, it was great no security, all open, the weather was so poor yesterday, i didn't want to take photos, or even get out the car for that matter..... going across the bridge was great, on a good day, the views of JBR and Marina will be amazing..

Went right down to the bottom where you said - Royal Mirage phase III - H.H Shaikh Ahmed - Balfour board there and security post but no activity what so ever... great plot though once/if it starts..

Ottoman Palace, Taj Exotica, and the others all have workers on them, looking good... i will go on a nice day and take a load of photos...