Palm Jumeirah workers' morning workout

DUBAI in neat columns on the forecourt of a building site on Palm Jumeirah, 400 workers begin moving somewhat haphazardly to the sound of a crackly Japanese radio broadcast.

Under the instruction of foremen in grey overalls and white hard hats, the workers swing their arms out from their sides as they bend their knees to the music.
Then, as the next in a series of eight movements, they swing their arms in circles, forwards and then backwards.

Side stretches follow, then bending to touch the toes, then leaning backwards.
In Japan the people are all in time with the music. They move together, one flow of movements. Here it is not so simple, laughed Katsuhiko Tateishi, the administration and contract manager for Shimizu Corp.

This is rajio taiso, or radio physical exercises, a brief exercise routine that is broadcast daily by NHK national radio and television across Japan and is traditionally practised by young and old in schools, offices, factories and on construction sites. On this Dubai worksite it is being credited with helping to keep workers safe on the job.

Since the Shimizu Corp won the contract for the Dubai Marina Residences on The Palm in July 2006, rajio taiso has been part of the daily schedule of all the Japanese construction company’s workers.

Every morning at 7.45 each subcontracting firm under Shimizu’s umbrella gathers its workers into orderly lines to participate.

Rajio taiso is credited not only with ensuring that workers begin their physically demanding day suitably stretched and warmed up, reducing the risk of injury, but also mentally united with their colleagues.

I would say the benefit is half physical and half mental, Mr Tateishi said. It makes more of a spiritual difference because you gather, before you go to each part of the site, in one place and do the same exercises.

All workers on site, from labour through to management, participate. It promotes uniformity rather than the exercise itself, plus it is good for stretching.

The series of stretches lasts only five minutes, ending with the men turning to face the opposite direction so that each worker can give the person now standing before him a quick, invigorating back massage using the chopping technique.

This complete, the workers turn around again and their foreman commands them to “sit” while he rallies them with a speech about improving worksite safety, especially fire safety.

Afterwards the men stand, pair off, and in chorus run through the checklist of safety equipment each is wearing – beginning with the helmet and working downwards.
Three cheers of “Safety first!” end the drill and the groups disperse to their areas of the worksite.

Mr Tateishi said the company recently celebrated 15 million man-hours on the site with no accidents – a figure calculated by multiplying the number of labourers by the aggregate number of hours they have worked.

The six-tower project employs more than 3,500 workers and all of them begin their shifts with the exercise routine.

“I would like to think this [accident-free record] has, in part, something to do with our morning routine,” Mr Tateishi said. “I feel that it is not 100 per cent why, but I feel it is an important aspect.”

While the ritual has been part of Japanese culture for a long time, the first exercise programme broadcast was made in New York in 1925.

On Nov 1 1928 Tokyo’s first rajio taiso programme was aired. According to an article in The Japan Times, by 1932 more than 1.5 million people in Japan were listening to the broadcasts and exercising every morning.

The stretches, considered to be callisthenics, are less about physical exertion and more about promoting unity and co-operation and raising energy levels.

Until relatively recently rajio taiso was strongly encouraged for schoolchildren, with many schools promoting the routine even during summer holidays.

Children would get up at 6.30am for the group callisthenics, then return home to have breakfast and do their summer homework. A stamp-card reward scheme, something like the gold star system in many classrooms, would encourage children to participate; every time children attended, their cards would be stamped.

Today things in Japan are less regimented and while schools still advocate the exercise programme, they tend not to push. Most of today’s Japanese participants are of the older generations.

But for Arnel Bautisa, 33, a plumber who has been working on the Marina Residences project for almost a year with his colleague Arnold Cruz, the morning callisthenics are a new and enjoyable experience.

“It is new for me but yes, it is nice. We enjoy it. It helps to be relaxed and it is a good way to start the day.

Friend of mine is looking for a garden home on the palm for 1 or 2 years-hope its ok to do this on the forum, but could you pm me if you have anything, she is good to go but looking for a great deal. thanks :)

RTA explores enhanced marine transit systems with developers of the Palm, the World


Dubai (United Arab Emirates)
The Marine Transport Agency of Roads & Transport Authority (RTA) recently held a meeting with developers of both The Palm and The World projects in Dubai to discuss ways and means of boosting cooperation and links between the RTA and these property developers.

The meeting was attended by Acting CEO of RTA's Marine Agency Dr. Khalid Al Zahid, the CEO of Infrastructure of Nakheel Maritime Projects engineer Masoud Al Zarooni, and several other specialists.

Al Zahid stressed the importance of holding these meetings on regular basis in order to examine the extent of benefits derived and enable RTA provide enhanced services to The World and The Palm projects through the gateway of Marine Agency.

“The meeting reviewed the design of The World project and a priority list was set for the project to match with the approved schedules of works undertaken by Nakheel. It was revealed that work progress made by Marine Agency goes in parallel line with the operational time plan dictated by the requirements of The World project. A new strategy has been developed for improved cooperation with the developers and landlords of The World and the Palm in order to provide the required infrastructure” he said.

Al Zahid added: “The Agency made a briefing about the massive investments made by the RTA in order to provide marine mass transit services and singled out Ferry Dubai; which will serve The World and other development projects of Nakheel. Coordination channels have been opened between the Agency and The World to ensure continuous communication between the two parties; which will in turn lead to flexible work flow and timely delivery. A joint team was formed with members from RTA and The World to explore the means of providing marine conveyance to The World, and it has been agreed that the technical team is to hold weekly meetings to ensure delivery of the assigned tasks on due time.

“These meetings with developers in Dubai come in the context of furthering the cooperative links with the aim of bringing about a comprehensive and integrated marine transport system, setting & coordinating the general framework for boosting partnerships, and opening communicative links at present and in future in a way that fits well with the vision of the Agency to provide Safe and Smooth Marine Transport for All. At the end of the day this drive is bound to provide easy access and smooth mobility of inhabitants and visitors across the emirate of Dubai, particularly in waterfronts such as The World” said Al Zahid.

For his part the CEO of Infrastructure of Nakheel Maritime Projects engineer Masoud Al Zarooni said that marine transport service is indispensable for the movement of tourists and commuters across the islands. “Cooperation with the RTA, which is the competent body in this regard, will be culminated in working out strategies and solutions of marine mass transportation in the short, medium and long run. We will embark on implementing these strategies and solutions in full coordination with the RTA” added Al Zarooni.


(RTA)

Hi

If any body wishes to rent out a 2 bed furnished apartment from 15-25th October please PM me

On behalf of investors in dubai sports city some developers (Memon /champion towers/ )are trying to charge investors 20 Durham's per square foot connection charge for electricity per apartment!
This amounts too thousands of pounds worth of unexpected costs !
Any thoughts on this matter and are any other investors getting this charges ?

^^ And ths is related... how?

Originally Posted by bizzybonita
I thought you was luck down for good May 3rd, 2012 08:06 PM ... Thread's Playa

You sir (BIZZYBONITA) are appointed to moderate here NOT sit back and mess with, and BULLY members.



You have done this repeatedly with myself,despite my contribution to the D.Sc. threads and other since 2007..

My contribution to DSc is less because of your single handed ,sick minded bulling attitude imo!

take a look at your pointless tirade against me since the turn of the year below

I have repeatedly asked you and atlind, for your help for improvements to the Mess ,which your lack of "moderation" has led too in the first place on the DSc threads....


I HAVE DONE NOTHING WRONG TO DESERVE THIS !!!!!!


Profile Infraction
Reason: Random Post
July 3rd, 2011 06:06 PM by bizzybonita 3 / May 3rd, 2012 06:06 PM

Profile Infraction
Reason: Inappropriate Language
February 7th, 2011 09:28 PM by bizzybonita 1 / Expired

Profile Infraction
Reason: Posting random stuff/opening random threads
February 4th, 2011 02:21 PM by bizzybonita 2 / Never

Profile Warning
Reason: Wrong attitude
February 4th, 2011 02:17 PM by bizzybonita 0 / Expired

Bizzybonita your are one sick human being..

that is really not related to this thread :ohno:

http://i28.tinypic.com/28sos5l.jpg
http://www.constructionweekonline.com/projects-605-oceana_hotel_spa/

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http://www.constructionweekonline.com/projects-604-royal_amwaj_the_palm_jumeirah_dubai/

I read in Gulf News the other day (not available on website) that the QE2 is in drydock and had a complete recoat of paint.

From National Geographic

http://farm3.static.flickr.com/2438/3853107256_74ec07589d_o.jpg

Hi to Everyone,

So how is everyone faring with things on the Palm? I have a 3 bed apt in Al Haseer that still has a tenant in it but I would like to know how you all see the rental market in the next 12 to 18 months?

And also what are the "real" prices of apartments on the Palm? 18 months ago my place was valued at over £1m but now I doubt if I'd get half of that . . . can anyone with first hand knowledge bring me up-to-date with how things are?

Thanks.

Averaging around 500,000GBP (3m AED) now... obviously depending on type, level, upgrades etc
Everyone has suffered the drop, some more than others.
Rentals in Dubai are still going well, rather than newcomers to Dubai, it's mostly residents already here that are looking for lower rates compared from their previous years.. so thats a lot of people!!

Hi to Everyone,

So how is everyone faring with things on the Palm? I have a 3 bed apt in Al Haseer that still has a tenant in it but I would like to know how you all see the rental market in the next 12 to 18 months?

And also what are the "real" prices of apartments on the Palm? 18 months ago my place was valued at over £1m but now I doubt if I'd get half of that . . . can anyone with first hand knowledge bring me up-to-date with how things are?

Thanks.

I rent a 2 bedroom Shoreline appartment in building 4 (right side, 6th floor) with a sea view and pay 185,000 per year. However, the contract was signed at the end of Feb when the market was high and I know it is much less now. I think they are achieving around 150,000 AED for a 2 bed right hand side sea facing.

Left side areless- I reckon 3 beds are around 150,000 AED. Take a look on Dubizzle which gives a rough idea.

Have you thought about renting it out room by room? I know two friends of mine who have rented individual rooms on that side in 3 bedroom apartments at 4500 and 4600 per month each.

As far as the forward market goes there are a lot of projects finishing over the 12- 18 months on the Palm- Golden Mile and Tiara have recently handed over with Marina Residence, Oceana and the Fairmont all scheduled in 09/ 10. Personally I do not see any firming in rental prices. Currently I rent but I also own an apartment in Oceana so see it from both sides.

On the plus side the Palm keeps getting better and better to live on. There are several small shops opening, there are more people and I understand that next year we will see more retail/ bars/ restaurants opening on the Golden Mile with the aim of it being similar to The Walk at JBR.

On the plus side the Palm keeps getting better and better to live on. There are several small shops opening, there are more people and I understand that next year we will see more retail/ bars/ restaurants opening on the Golden Mile with the aim of it being similar to The Walk at JBR.

When we looked at a unit in Marina Residence I felt what was sorely lacking was a nice cafe precinct. It's a lovely walk around the towers by the water like in Dubai Marina but there are no plans for cafes or shops. Facilities like that really add to the qulaity of living and impact sales an rental prices. I guess these were not planned as there was supposed to be the big shopping centre between the towers on the trunk. Apparently the yacht club has also been postponed and there's a very temporary structure there now.

It's a shame nakheel can't make relativley small positive changes to plans and buy back some ground floor units and convert them into cafes/restaurant.

Shoreline sales contract?

Wondering if anyone happens to have a copy of a Shoreline sales contract (the original one from the initial release)? I bought resale and it has since come to light that the apartment is not the same size as the initially quoted sq ft.

I am looking to see what clauses there are in the contract in relation to deviation from the original size in terms of % tollerance.

As I bought resale, I only got page 1 of the original contract, and obviously don't therefore have all the clauses to hand.

If anyone has this information that they could share it would be greatly appreciated.

I recall something on here with the IFA apartments having a 3% clause, but nothing directly related to Nakheel.

Yes I just checked my contract it says over 3% also.
I'll wait to see what they come back with proof wise

The contract actually says

The seller shall have the right to exercise in its sole discretion; to proportionally increase the total purchase price in the event that the actual area of the apartment exceeds the area listed on schedule 1 attached hereto by more that three percent 3%

Many thanks

When we looked at a unit in Marina Residence I felt what was sorely lacking was a nice cafe precinct.

It's a shame nakheel can't make relativley small positive changes to plans and buy back some ground floor units and convert them into cafes/restaurant.

It really makes you wonder if anyone is actually steering this ship at all:runaway:

What about transportation in the crescent?There are the Palm monorail that will transport peaple in the trunk and fronds... but what will happen for the residents and tourists of the hotels of the crescent? There are any measure for that?
thanks

Sorry to say this yet again, but the more these things the get developed...the more and more I can't help but think about how f'ed up and cheap looking it all turned out. :(

Nakheel offers investors consolidation option

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An aerial view of villas lined up on Palm Jumeirah in Dubai. (EB FILE)

By Anjana Kumar on 9/3/2009

Nakheel, the real estate arm of Dubai World, has offered an investor the option of consolidating his investment in The World for plots in either Palm Jumeirah, Jumeirah Village, or the Marina Residence properties, according to documents seen by Emirates Business.

Silver Heights, a Dubai-based developer and broker, said Nakheel offered “replacement properties” valued at about Dh26 million in exchange for its investment in The World Island.

“We bought the Dh153m ‘Island 86’ in The World, paying only the initial 15 per cent down payment on the land, which amounted to about Dh23 million. Due to the slump in the real estate sector and the financial crisis, we decided to cancel our investment there. Instead Nakheel asked us to pay an additional Dh3m and offered us plots on Palm Jumeirah, Jumeirah Village or the Marina Residence,” said Samir Ahmed Munshi, Managing Director, Silver Heights.

Munshi said he decided to take four plots on the Palm Jumeirah as a replacement.

Silver Heights had initial plans to build 150 residential apartments and water homes on the island across 460,000 square feet area. “Most of our feasibilities to build in ‘The World’ was based on off-plan sales which is now completely frozen at the moment.”

The World comprises 300 islands in the shape of the world’s continents, created off the coast of Dubai and expected to add more than 232 kilometres of new beachfront to Dubai’s coastline.

According to Nakheel, land reclamation on The World had been completed in 2008. “Progress on The World continues at great pace. Reclamation of the original 300 islands on The World was completed in January last year, since which time the master plan has been revised to accommodate the concept design of each individual project that seeks to merge islands, resulting in a total of 240 islands that will comprise this mixed-use development. Handover of 33 islands is complete, with early ground works already commenced,” said the spokesperson.

In an emailed response to this newspaper, Nakheel confirmed that the master developer is offering its investors a consolidation on their projects that have been deferred by Nakheel.

“We are currently working with our customers to assist them in meeting their contractual commitments and find adequate solutions where possible, given the current global economic climate. Investors in projects that have been deferred have the option of consolidation if they own other properties within the Nakheel portfolio. The consolidation options are only available to owners and are non-transferable and non-transactional. Owners agreeing to a consolidation option will sign a new agreement with Nakheel. The existing agreement related to the deferred development becomes null and void,” said a Nakheel spokesperson.

“The advantage to the investor is that Nakheel is able to hand over property to the owner sooner than it might on a deferred project and help investors reduce their financial exposure.”

Nakheel said if customers choose to resell their properties, they can do so on the condition that all outstanding payments contractually due to Nakheel are settled in full.

The master-developer refused to reveal the number of consolidation options it was currently handling in light of the downturn in the real estate sector. “We respect our business exchanges with investors and we are not obliged to disclose the consolidation options offered to our customers.”

Nakheel said it has not cancelled the Dubai Waterfront development.

“Dubai Waterfront has not been cancelled. Our current focus at Waterfront is on Badrah, Veneto and Madinat Al Arab. Work continues to make good progress at these sites. We look forward to handing over our first homes at Badrah and Vento next year. The majority of plots at Madinat Al Arab have been handed over with some third party developers already mobilised on-site,” said a spokesperson for the master developer.

http://www.business24-7.ae/Articles/2009/9/Pages/Nakheeloffersinvestorsconsolidationoption.aspx

08/September/2009

Palm Jumeirah from The Torch, Dubai Marina

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Can someone advise what are the per sqft maintenance charges in Shoreline Apartments? Also how much is being charged for AC (District Cooling) per sqft. Many thanks.

The Logo Island on the right looks like it's coming along.
:cheers:

The Logo Island on the right looks like it's coming along.
:cheers:

yeah, its pretty much done! The landscaping they did is great, when you drive on to the palm, when you go over the bridge and look right, you can see the 3 royal islands, and a backdrop of the burj al arab. Very nice indeed.

Although I think they could do with 1 more small island in between the logo island and the 2 other smaller ones.

they put more palm trees on that small island as the whole Palm Jumeirah :)

From the beach clearly visible, they have a superyacht and it seems they are going to the iftar every day by helicopter :)

Just paid the first 6 months (no bill sent to me!) and the service charge is around AED 20 per sq. foot, although some of that has been reduced by a rebate as it is disputed as to what a fair charge should be, so actual payment worked out at AED 11.5 psf. From memory, annual charge of AED 3150 plus usage charges for AC.

^^ That's really cheap compared to DM and DBD.

Just paid the first 6 months (no bill sent to me!) and the service charge is around AED 20 per sq. foot, although some of that has been reduced by a rebate as it is disputed as to what a fair charge should be, so actual payment worked out at AED 11.5 psf. From memory, annual charge of AED 3150 plus usage charges for AC.

Don't quite understand this one...

Firstly, the PDC annual capacity is not a fixed amount - based on apartment size so will vary.

The service charge invoices to date are only for the 1st 6 months of the year. It may also include any rebate from overpayments. I had a rebate as I paid the full amount invoiced in 2008, only for Nakheel to finally back down and cap the 2008 increase to 10% - the rebate was for any payment in excess of the 10% increase, therefore has nothing to do with the 2009 charges.

If I take the full invoice amount (excl rebate as that relates to last year) then it works out at around 10dhs per sq ft. Fantastic.

BUT THIS IS ONLY FOR 6 MONTHS...

You need to take this amount for 6 months, and double it to be the full year, then it is 20 dhs a sq ft. That is the proper cost - it is frozen at the level of last year until RERA approve the budget. 11 dhs is waaay off the mark.

Also, Palm Cooling costs me approx an extra 3 dhs per sq ft in capacity charge, plus the consumption.

Total is therefore approx 23 dhs per sq ft, but this depends on the building in question as some have more appts than others (some buildings have 10/11/12 floors)

15/September/2009

Atlantis, Palm Jumeirah

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There is still a big debate about the environmental issues presented by Palm Jumeirah but I go with the practical approach taken by http://www.2daydubai.com who give a generally positive assessment to the project:

“The Palm Jumeirah is protected by an 11.5 kilometre long outer perimeter sea break or sea wall designed to be able to block the legendry one hundred year shamal wave - which in this locality cannot be much higher than 3 metres - due to the shallow waters of The Persian Gulf – which is no more than 30 metres deep at its deepest point. The sea bed within the sea wall of The Palm Jumeirah zone has been raised to between 12 metres and 16 metres below sea level [which would suck the power out of any wave that ever breached the sea wall] and the buildings are constructed at approx 3 metres or more above sea level which is higher than traditional island resorts such as the Maldives and Seychelles.
The island has also been engineered to withstand earthquake generated subsidence or liquefaction." http://www.2daydubai.com/pages/dubai-palm-jumeriah.php

There is still a big debate about the environmental issues presented by Palm Jumeirah but I go with the practical approach taken by http://www.2daydubai.com who give a generally positive assessment to the project:

“The Palm Jumeirah is protected by an 11.5 kilometre long outer perimeter sea break or sea wall designed to be able to block the legendry one hundred year shamal wave - which in this locality cannot be much higher than 3 metres - due to the shallow waters of The Persian Gulf – which is no more than 30 metres deep at its deepest point. The sea bed within the sea wall of The Palm Jumeirah zone has been raised to between 12 metres and 16 metres below sea level [which would suck the power out of any wave that ever breached the sea wall] and the buildings are constructed at approx 3 metres or more above sea level which is higher than traditional island resorts such as the Maldives and Seychelles.
The island has also been engineered to withstand earthquake generated subsidence or liquefaction." http://www.2daydubai.com/pages/dubai-palm-jumeriah.php

what are those two small islands to the right/left side of the Palm?

^^ They called Logo Islands check this out ...

http://www.skyscrapercity.com/showthread.php?t=457393

21/September/2009

Atlantis and Palm Jumeirah

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What is the round building that is build in logo island?

No, it's the core of Infinity Tower in the Marina.

nice car:)

21/September/2009

Palm Jumeirah

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[QUOTE=Imre;43432372]nice car:)

21/September/2009

Palm Jumeirah

^^Imre, The shield of the car with 2 swords and something above has some meaning ? I heard that plate with a one number own to the royal family ., what about if the number is 1?Some meaning?
:cheers:

Tgrmughal, the two swords and the palm tree is the Coat of Arms of Saudi Arabia. On the far right side of the license plate, you will see "KSA." That stands for "Kingdom of Saudi Arabia."

My guess is that car is owned by King Abdullah.

Yes it is a Saudi car, and yeah, number 1 is most likely King Abdulla.

WOW, What a nice car...Anyone know what it is?

WOW, What a nice car...Anyone know what it is? It's a Ford Mustang with an abomination fibreglass front and rear tacked own... and then chromed. The class is slathered on with a trowel.

I would assume that this particular piece of automotive throw-up was constructed in Florida.

-edit- no I was wrong about Florida, it's a 2010 Zimmer Golden Spirit "built" in Syracuse, New York.

http://www.dupontregistry.com/autos/Search/DRauSearchDetails.aspx?itemid=691570

It's a Ford Mustang with an abomination fibreglass front and rear tacked own... and then chromed. The class is slathered on with a trowel.

I would assume that this particular piece of automotive throw-up was constructed in Florida.

-edit- no I was wrong about Florida, it's a 2010 Zimmer Golden Spirit "built" in Syracuse, New York.

http://www.dupontregistry.com/autos/Search/DRauSearchDetails.aspx?itemid=691570
^^
Brilliant...I can see the Mustang in it now....cheers

Don't think that is chrome, maybe sterling silver or white gold.

I have seen a gold plated Range Rover at the JBR walk, Hideous!!

Arab leaders showing this kind of exuberance when their people are being slaughtered on their doorsteps is just beyond belief.

Yes it is a Saudi car, and yeah, number 1 is most likely King Abdulla.

Highly unlikely. There are thousands of Saudi number plates available with the number 1, followed by 3 letters (as in this example).

Also, I would think that its not chrome, white gold or sterling silver. More likely a foil covering. Quite popular here - seen a few lambos and ferraris with it.

Also, I would think that its not chrome, white gold or sterling silver. More likely a foil covering. Quite popular here - seen a few lambos and ferraris with it.

So this cheapskate has covered his car in Alcan bacofoil from Carrefour just to fool me into thinking he is rich:lol:

I can't believe I fell for that. Now you come to mention it, there is a kit car like this made from a Citroen 2CV chassis. Boy, this fake sheikh is busted!:rofl:

From now on I'm keeping my sandwich foil wrappers so I can make a Lamo or Ferrari with them.

Highly unlikely. There are thousands of Saudi number plates available with the number 1, followed by 3 letters (as in this example).

Agreed with you , most of time with peoples in good position / business man / princess / prince & doesn't required to be Saudi to have no.1 like here in U.A.E .

BTW i heard about 4-5 princess / prince in Dubai Marina i don't know about PJ .

Agreed with you , most of time with peoples in good position / business man / princess / prince & doesn't required to be Saudi to have no.1 like here in U.A.E .

BTW i heard about 4-5 princess / prince in Dubai Marina i don't know about PJ .

Just you wait until the local population here cotton on to the fact that there are far fewer two-number .ae domain names available than there are car registration plates...

3kLRvLHOrio

http://www.youtube.com/watch?v=3kLRvLHOrio

Any one know when the 2 marinas will have boats in them?

deleted see below

Don't quite understand this one...

Firstly, the PDC annual capacity is not a fixed amount - based on apartment size so will vary.

The service charge invoices to date are only for the 1st 6 months of the year. It may also include any rebate from overpayments. I had a rebate as I paid the full amount invoiced in 2008, only for Nakheel to finally back down and cap the 2008 increase to 10% - the rebate was for any payment in excess of the 10% increase, therefore has nothing to do with the 2009 charges.

If I take the full invoice amount (excl rebate as that relates to last year) then it works out at around 10dhs per sq ft. Fantastic.

BUT THIS IS ONLY FOR 6 MONTHS...

You need to take this amount for 6 months, and double it to be the full year, then it is 20 dhs a sq ft. That is the proper cost - it is frozen at the level of last year until RERA approve the budget. 11 dhs is waaay off the mark.

Also, Palm Cooling costs me approx an extra 3 dhs per sq ft in capacity charge, plus the consumption.

Total is therefore approx 23 dhs per sq ft, but this depends on the building in question as some have more appts than others (some buildings have 10/11/12 floors)

For Palm Cooling you mention 3 Dhs Per sq ft PLUS consumption charges. Can you please advise how much is the consumption charges average to complete the picture. Thanks v much.

Our consumption per month at the moment (peak summer) is around 300 dhs in addition to our annual capacity charge which is paid monthly now, and this will gradually fall to December to Feb/March when it is zero as it is never on.

Depends on how much you use the a/c though, and how big your apartment is...

a mid-size villa takes many times more))
Hey folks, what was that ugly joke posted by paul.c.martens?

a mid-size villa takes many times more))


my figure above are based on a 5563 sq ft Type H penthouse - granted, a/c is not on all day every day, as its switched off when we are not home.

Tgrmughal, the two swords and the palm tree is the Coat of Arms of Saudi Arabia. On the far right side of the license plate, you will see "KSA." That stands for "Kingdom of Saudi Arabia."

My guess is that car is owned by King Abdullah.
Thanks :cheers:

05/10/09
http://img3.imageshack.us/img3/1126/39985160897d680081e6b.jpg
Source: http://www.flickr.com/photos/docadvert/3998516089/
High-Res: http://www.flickr.com/photos/docadvert/3998516089/sizes/o/

The home with pizzazz on the Palm
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http://i38.tinypic.com/15fkefc.jpg
http://gulfnews.com/pictures/life-style/the-home-with-pizzazz-on-the-palm-1.513202


Not sure which Marina building this apartment is in??

this is the best project of Palm Jumeirah :)

14/October/2009

Ottoman Palace ( Palm Jumeirah)

http://i33.tinypic.com/20h37fm.jpg

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

http://i33.tinypic.com/28iu4p2.jpg

http://i35.tinypic.com/5ts09v.jpg

http://i35.tinypic.com/e9snx2.jpg

http://i33.tinypic.com/25thxro.jpg

[QUOTE=Imre;44603212]this is the best project of Palm Jumeirah :)

14/October/2009

Ottoman Palace ( Palm Jumeirah)

^^ Absolutley the best:cheers:

think it will be pricier than atlantis for a room ?

Atlantis is the cheapest 5 star hotel in Dubai at 1300 Dirhams a night (correct me if im wrong). Thats for 1 room for 2 people. So thats 650 each, plus you get free access to lost chambers and aquaventure. Lost chambers costs 100 and aquaventure 200, so the room is 350 dirhams a night per person.... for an iconic world class hotel.

Atlantis is just a posher version of Butlins, high quantity of customers for a valued price.

Atlantis is the cheapest 5 star hotel in Dubai at 1300 Dirhams a night (correct me if im wrong).

Raffles, 1175 AED :)

Raffles, 1175 AED :)

I stay in Grosvenor House Dubai marina for 1000aed. incl breakfast and club lounge access.:)

I stay in Grosvenor House Dubai marina for 1000aed. incl breakfast and club lounge access.:)

Paul

How do you get this price? Direct from GH or from a web booking site?

I will be in Dubai next week and used to stay here all the time till the crunch hit.

Thanks
d

Paul

How do you get this price? Direct from GH or from a web booking site?

I will be in Dubai next week and used to stay here all the time till the crunch hit.

Thanks
d

Direct from GH.:)

The QE2 jetty had some work goin on these last 2 days. There is a huge mound of sand rising, and trucks dropping more sand off. Anyone got any ideas of whats going on?

The QE2 jetty had some work goin on these last 2 days. There is a huge mound of sand rising, and trucks dropping more sand off. Anyone got any ideas of whats going on?

No idea, but what I do know is that the QE2 is still berthed in Port Rashid, despite all the talk of it going to South Africa. Maybe plans changed again.

The QE2 is a great asset for Dubais tourism so the quicker they have it out, the better for Dubais income

That sand has been piling up for at least the last month. It's coming from the Golden Mile where they originally planned on putting in a canal and nobody here on the Palm seems to know what they are doing.

Its not coming from Golden Mile - there is sand being piled up on the golden mile, trump site and the QE2 jetty area... Something changed recently as this activity has been going on at quite a rate.

Golden mile is getting raised, presumeable for the park. Not sure about Trump - looks like it will be raised for a park also, but this is a guess. The QE2 area is being raised higher than I expected it to, based on some of the designs that have been posted on here.

i guess latest is QE2 is going to south africa, and yes it will be a temporary park

Its not coming from Golden Mile - there is sand being piled up on the golden mile, trump site and the QE2 jetty area... Something changed recently as this activity has been going on at quite a rate.

Golden mile is getting raised, presumeable for the park. Not sure about Trump - looks like it will be raised for a park also, but this is a guess. The QE2 area is being raised higher than I expected it to, based on some of the designs that have been posted on here.

Marina Residences ready soon

Nakheel to hand over Palm Jumeirah apartments at end of month

# By Aya Lowe, Staff Reporter
# Published: 00:00 November 10, 2009

http://i35.tinypic.com/2afii5g.jpg

Dubai: Nakheel is set to hand over units at Marina Residences at the end of this month, the latest residential addition to the Palm Jumeirah.

Located at the top of the trunk, the waterfront development comprises six residential towers resting on a landscaped podium with views over the Palm and Anchor Marina.

The towers hold 940 apartments and penthouses with another 40 townhouses located on the marina-fronted promenade.

The penthouses are going for between Dh12 million and Dh17 million, three-bedroom apartments for Dh6.4 million and two-bedroom townhouses for Dh5.1 million.

Residents will have access to swimming pools, a jacuzzi, sauna and gym as well as privileged access to the neighbouring marina.

Residents will also be able to enjoy the retail offerings in the upcoming Village Centre or Palm Mall.

However, unlike other residences on the Palm, the Marina Residences do not have direct beach access. According to Nakheel, nearly all units are already sold or booked.

http://gulfnews.com/business/property/marina-residences-ready-soon-1.525555

Palm Jumeirah construction 70% over

http://i36.tinypic.com/1zqq2xt.jpg
Palm Jumeirah will become one of the world's premier resorts in the next five to six years. (EB FILE)

By Sona Nambiar on 11/10/2009

Nearly 70 per cent of Palm Jumeirah has finished construction, according to a senior official from its developer Nakheel. The master plan is also being revisited at this stage, he said.

"We have finished construction on nearly 70 per cent of Palm Jumeirah. On our part, we sold a couple of fronds on the project but they still have not been built. It is part of the plan to keep them until we come up with some unique designs compared to what you have seen so far," Marwan Al Qamzi, Group Managing Director, Nakheel Development Projects, told Emirates Business.

Besides, the master plan for the project is being revisited. "You cannot freeze the master planning. You have to update it as you go. You have to update to meet market demands and customers requirements," said Qamzi.

He was speaking on the sidelines of a media visit to Marina Residences on Palm Jumeirah. Three projects visible from this waterfront project include The Kingdom of Sheba and Ottoman Palace. The latter is almost complete – all villas semi-complete, he said. "Both will finish by early April to June next year," said Qamzi. "The Kempinski Hotel is 85 per cent complete."

The contract for the Marina Residences was awarded in 2006 to Shimizu Corporation to construct the basements, superstructure, architectural works, interior finishings and landscaping of the project. Work started in March 2007.

Regarding rampant payment issues in the market, Qamzi said the developer was addressing the situation. "We are in discussions with all contractors about delays in payment since there are areas where we need to sit and discuss," he said.

The Marina Residences did not benefit from the fall in prices of building materials. "With the change in prices, we have negotiated prices on projects that were led at the peak and at the beginning of the phases. However, this was not possible with the contractor at the finishing stages on the Marina project," said Qamzi.

"This is the last one under construction for the time being from our end," he said.

The final touches on the West side of the project are still going on. "Meanwhile, the East side near the Anchor Marina, which comprises a green area with a clubhouse, will be finished in two months," said Qamzi.

The Anchor Marina is expected to berth more than 700 vessels, according to an earlier statement from the company. "The residents of Palm Jumeirah will be accorded priority in berthing," said Qamzi.

Meanwhile, he said Nakheel had not yet taken a decision on the QE2's final destination.

"We are evaluating different options for QE2 and we haven't finalised its final destination," he said. He did not elaborate further on whether Cape Town was the preferred choice.

Palm Jumeirah project is still ongoing and the next five to six years will see the island becoming one of the world's premier resorts, according to a statement from the developer.

http://www.business24-7.ae/Articles/2009/11/Pages/09112009/11102009_b7ceab4a8caa416283a9d95921771fae.aspx

...what I do know is that the QE2 is still berthed in Port Rashid, despite all the talk of it going to South Africa. Maybe plans changed again.

I second that :) QE2 yesterday at Port Rashid

http://www.verticaldubai.com/QE2.jpg

Well if you ask me, they will put it on the Palm Jumeirah, I mean, thats what it was bought for!
Another reason why I think it will go there is because of the activity going on there right now. They have raised the level of the ground quite substantially....right up to the edge where it meets the sea. Why would they do this except to make it easier to board the ship. I mean if it was going to be a marina or a beach for residents, then they wouldnt raise the level so high.
Yep, the QE2 is going there... and by the work going on... probably sometime next year.

(I know im an optimist)

Can anyone post some updated pictures of the Marina Residents?

Shoreline Recreation



The Shoreline Recreation team is pleased to announce the start of more new activities this month. Fitness Classes by Physical Advantage will include Pilates, Legs Bums and Tums and Body Sculp to name a few. And to add to this the Shoreline will see Thai Chi for the first time with classes being led by world renown instructor Mr. Liao from Breath and Health. Starting in the studio on Saturday 14th November 10.30am – 11.30am. As the cooler weather has arrived, the program of activities will be operating both on the beach and in the Shoreline studio. The launch of Body Sculp, Pilates, Box Fit, Yogalates, Legs Bums and Tums and Street Jazz provided by Physical Advantage will be on Sunday 15th November. Added to these are the classes of Salsa by James & Alex and Muay Thai Kick Boxing by Anthony which are already up and running and well established.



CCM STUDIO SCHEDULE


6-7 AM
7.15-8.15 AM
8.30-9.30 AM
9.30-10.30 AM
10.30-11.30 AM
5-6 PM
6-7 PM
7-8pm
7-8 PM
8-9 PM
9-10 PM

Sun
BOOT CAMP Beach Building 6

Body Sculp
Pilates
Street Jazz

Legs Bums Tums





Mon
Fitness Yoga Beach Building 6
Box-Fit
Thai Chi Bidi Beach

Yogalates
Muay Thai Kick Boxing 5.30 to 6.30 ( 7 to 16 yrs)
Muay Thai Kick Boxing 6.30 to 7.30 (17 yrs +)

Box-Fit Beach Building 6
Salsa (Beginner)
Salsa (Inter/ Advance)

Tues
BOOT CAMP Beach Building 6

Body Sculp
Pilates
Legs Bums Tums
Street Jazz






Wed
Fitness Yoga Beach Building 6
Box-Fit


Yogalates

Muay Thai kick Boxing 7 to 16 years
Muay Thai Kick Boxing 17 yrs +
Box-Fit Beach Building 6
Salsa (Beginner)
Salsa (Inter/ Advance)

Thurs
BOOT CAMP Beach Building 6


Pilates








Fri


LEGS BUMS TUMS
Box-Fit
Yogalates







Sat




Thai Chi










The Physical Advantage class schedule can also be viewed at: http://www.physicaladvantage.ae/images/download/Studio%20Schedule.png





SurfDubai (Little Dippers & Little Rippers) – Saturday 21st November will be the launch of SurfDubai’s Little Dippers and Little Rippers programs. These classes are for young people wishing to learn how to surf, along with an element of water safety. The Little Dippers is for 7-10 years and the Little Rippers for 11-14 years. Saturday 21st 10am – 12pm is an open day so all young people in this age range can enjoy the activity for free. Sessions will then continue every Saturday at this time. For further information please contact Scott on Tel: 0505043020 or Daniel on Tel: 0503463558.



Beach Volleyball – Come along to the beach in between Cabana and Bidi Bondi every Friday at 4pm. The recreation team are looking for residents to join in organized games. With Red Bull sponsorship the team will be holding regular tournaments on the Shoreline beach. We are also looking for teams to enter our new beach volleyball league due to start soon. Anyone wishing to register their team can email chrisp@elr.ae



Beach Touch Rugby – Coming soon! Anyone interested in playing touch rugby on the Shoreline beach please forward your name and contact details to chrisp@elr.ae



Beach Football – Starting Friday 20th November 10am – 12pm. Just turn up to the beach in between Cabana and Veda and join the fun every Friday.



Personal Training – Whatever your fitness needs our qualified trainers are on hand in the Shoreline gyms offering Personal Training at AED 120 per session or AED 1000 for 10 sessions. For further information and to discuss your goals please contact our Fitness Manager Abhijit at abhijitp@elr.ae



Swimming Lessons – Whether wanting to learn to swim or to improve your stroke, swimming lessons for all ages are available at the Shoreline pools. Lessons are priced at AED for 5 45 min sessions, AED 700 for 10 sessions. For more information email chrisp@elr.ae or Tel: 0506320378.



The Shoreline recreation team and all of the instructors look forward to seeing you. Numbers for some classes will be limited so get in there fast to avoid disappointment. If you require further information on pricing and what the classes involve please contact Chris Panter on email at chrisp@elr.ae





The Shoreline recreation team strives to ensure all Health and Fitness aspirations are achievable, so if you would like to see other activities taking place please talk to us.







Chris Panter
Recreation Manager

Community Club Management FZE
a subsidiary of the Emirates Group
P O Box 262368
Jebel Ali, Dubai, UAE
Tel: + 971 4 42 70 497 + 971 4 42 70 497
Fax: + 971 4 42 70 499
Mob: +971 50 6320378 +971 50 6320378



I hope that reduce the annual charges payable for the beach maintanance.

Nakheel Commences Handover of Marina Residences

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13/11/2009

Nakheel, Dubai’s master developer, announced it has commenced handover of homes at Marina Residences, Palm Jumeirah. The phased handover of 980 units at Marina Residences, located at the tip of the island’s trunk, will continue until early next year.

The handover marks another great milestone in the development of Palm Jumeirah with more than 2000 new residents to be welcomed to the community during this process.

Marwan Al Qamzi, Group Managing Director, Nakheel Development Projects said:

“Palm Jumeirah remains one of the most sought after locations in Dubai and residents at Marina Residences are set to enjoy the best of what Palm Jumeirah has to offer with gorgeous homes, stunning views, and world-class hotels and entertainment on their doorstep.”

“At Nakheel our focus is on delivering quality communities and the handover of Marina Residences marks another major milestone on Palm Jumeirah. Going in to the new year we are pleased to welcome more and more families into this growing community.”

The waterfront development features six residential towers containing 980 units, 940 of which are a mix of apartments and penthouses. The most luxurious penthouses are designed over four floors, providing more than 14,000 sq ft of living space. The development is complemented by 40 townhouses which are located along the marina fronted promenade.

Palm Jumeirah is now home to more than 12,000 residents, however the project is still ongoing and the next 5 to 6 years will see the island become one of the world’s premier resorts, offering a number of top-brand named hotels, including Atlantis which opened in September 2008, as well as a wealth of retail and leisure choices, offering the ultimate luxury retail, dining and entertainment destination

source : Nakheel

http://www.immo-news.net/Nakheel-Commences-Handover-of-Marina-Residences_a6870.html

Oct 2010 slated for new One & Only Palm opening

http://i37.tinypic.com/ir486f.jpg
DATE SET: The One & Only Palm will be the second in Dubai after the Royal Mirage.

by Andy Sambidge on Sunday, 15 November 2009

One & Only Resorts, the luxury hospitality company, will open its second property in Dubai next year.

One & Only The Palm will open on Palm Jumeirah in October 2010, Sol Kerzner, CEO and chairman of Kerzner International, parent company of One&Only Resorts, said.

"We believe the government's continuous commitment to developing tourism in the region combined with all the destination has to offer, its constant innovation and its easy international access make this the perfect place for us to expand the One & Only portfolio," said Kerzner in a statement.

Guest accommodation at the resort will comprise 35 suites and apartments within a grand Manor House, six independent low-rise mansions with eight to 10 suites and exclusive two and three bedroom beachfront villas.

All accommodations will offer outdoor terraces or private pool. Guests staying in suites, apartments and villas will also be indulged by a dedicated butler, 24 hours a day, the company added.

The resort will also feature private cabanas by an 850 square metre pool, a private beach and a freestanding 2,400 sq m spa, fitness and beauty complex.

The new hotel will be the second in Dubai, after the One & Only Royal Mirage. Kerzner International also own the Atlantis hotel and resort on Palm Jumeirah.

http://www.arabianbusiness.com/573474-oct-2010-slated-for-new-one-aamp-only-palm-opening

14/11/09
http://farm3.static.flickr.com/2615/4106438950_5124b450ef_o.jpg
Source: http://www.flickr.com/photos/hang-out/4106438950/

13/11/09
http://farm3.static.flickr.com/2597/4108436071_4bf0060cab_b.jpg
Source: http://www.flickr.com/photos/7875494@N04/4108436071/in/set-72157622689989399/
High-Res: http://www.flickr.com/photos/7875494@N04/4108436071/sizes/o/in/set-72157622689989399/

^^ Cool shots, King:cheers: As far as the Logo islands are concerned, all the work seems to be centered around/on the right island. Nothing much on the left one, yet. Also, I think PJ will look so much better when the crescent is filled in a lot more.

14/11/09
http://farm3.static.flickr.com/2615/4106438950_5124b450ef_o.jpg
Source: http://www.flickr.com/photos/hang-out/4106438950/

Why is it taking so long?

Got so much left to do.

Once the entire crescent is occupied, i can only imagine what a nightmare the traffic would be.

Once the entire crescent is occupied, i can only imagine what a nightmare the traffic would be.

The Palm monorail is supposed to link up with the Sufouh tram and hence the Metro......but I don't know what the time frame is.

and dont forget the road/bridge from the marina directly onto the crescent that is planned.

The Palm monorail is supposed to link up with the Sufouh tram and hence the Metro......but I don't know what the time frame is.

Yeah, like the occupants in the Palm villas are likely to take the car up to monorail, then tram, then metro and then the shuttle bus to their destination!

:)

^^ True but the nosy tourists will do.

and dont forget the road/bridge from the marina directly onto the crescent that is planned.

Didn't know about this Steve. Got any details about it?

:)

^^ I mean this:

http://img518.imageshack.us/img518/6409/2hz3aqxpq7.jpg

They carried out a traffic study of Palm Jumeirah and found out the roads could not cope even with the monorail. This gives them an option to link to the crescent on the palm via a causeway.

A similar system is already planned for PJA.

That bridge is ON HOLD now.

Yes but still planned :)

http://i46.tinypic.com/9pqn7r.jpg
Bird's eye view from Princess Tower core level 75

http://www.constructionweekonline.com/article-6929-tallest-residential-building-past-half-way/

Yes but still planned :)

I thought that that was just the link to Nakheel's Dubai Promenade, not all the way to the crescent.

Well if you ask me, they will put it on the Palm Jumeirah, I mean, thats what it was bought for!
Another reason why I think it will go there is because of the activity going on there right now. They have raised the level of the ground quite substantially....right up to the edge where it meets the sea. Why would they do this except to make it easier to board the ship. I mean if it was going to be a marina or a beach for residents, then they wouldnt raise the level so high.
Yep, the QE2 is going there... and by the work going on... probably sometime next year.

(I know im an optimist)

Not an optimist but a realist... it will defo be on PJ

The water around the fronds looks like it's full of alge in the photo in 5834 (http://www.skyscrapercity.com/showpost.php?p=46310865&postcount=5834) :bash: . Not so bad for those on the ends of each frond.

24/November/2009

Atlantis, District Cooling Building and Palm Jumeirah

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

http://i49.tinypic.com/2qu11mo.jpg

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

Imre, thank you for the pictures :) i actually saw you this afternoon at the palm.

Imre, thank you for the pictures :) i actually saw you this afternoon at the palm.

Thanks,


Where , did you take photos there ? :)

I thought that that was just the link to Nakheel's Dubai Promenade, not all the way to the crescent.

The new bridge just built crossing the marina has been widened with 2 more lanes, one of which leads directly into the Promenade district and the other appears to be heading to the road infront of Habtoor Grand.

When you consider the interchange and road network just in this area, it is pretty obvious that it has far too much capacity just to serve half a dozen towers and an Hotel.

Don't forget the tram as well will be passing over this bridge!

Here's a pic of the land in-between the shoreline apartments and the Golden Mile. This was supposed to be a canal on the original plans but you can see that they've been recently filing it in to make it level with the shops/ bars and transform it into a park. I don't know where all this sand and the sand they are piling onto the QE2 peninsular is coming from because I never see trucks coming over the bridge onto the Palm.

http://i46.tinypic.com/14l26g5.jpg

Sorry, I couldn't find the Marina Residences thread. Here's a pic taken from Oceana:

http://i46.tinypic.com/34ihkdj.jpg

This was supposed to be a park but you can see ....

Are you implying that it will no longer be a park?

Are you implying that it will no longer be a park?

Sorry, I meant to write 'this was supposed to be a canal'. I will edit the post now!!!

26/November/2009

Palm Jumeirah, Logo Island

http://i45.tinypic.com/s3ovfd.jpg

http://i48.tinypic.com/2vtp3k3.jpg

26/November/2009

Palm Jumeirah

http://i45.tinypic.com/sy776p.jpg

http://i47.tinypic.com/1j0vsy.jpg

http://i48.tinypic.com/2gxe8ut.jpg

http://i46.tinypic.com/4loina.jpg

Who the fuck are those arrogant tw&ts on their jetski's running amok in and out of Palm Jumeirah.

They cruise the beach of the Atlantis at speed, circle swimmers which is basically harrasment and speed around boats as they please.

They are a group of about four, dressed to the nines in wetsuit, gloves etc etc (like jetskiing is some kind of mountaineering sport- far from it).


I have seen them with my own eyes and they are definitely flouting the rules-
locals and probably royals, but surely they can leave swimmers etc alone?

Your country etc etc do as you please but no need to intimidate.... or is there?

26/November/2009

Palm Jumeirah

http://i46.tinypic.com/4loina.jpg

Great visibility Imre! When did you take these photos? Early morning or ..?

Thanks, all pics were taken afternoon between 4 and 5 pm.

Thanks, all pics were taken afternoon between 4 and 5 pm.

Wow Imre, looks like you have had a nice day, Logo island looks rather special now... Wonderful update !

Excellent high quality pics, Imre. The Marina, PJ and Tallest block look amazing here! Wonderful views indeed..:)

29/November/2009

Palm Jumeirah

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

http://i50.tinypic.com/szkec9.jpg

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

http://i46.tinypic.com/mlh6v.jpg

29/November/2009

Palm Jumeirah

http://i45.tinypic.com/35l88ye.jpg

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

http://i49.tinypic.com/rwt1ed.jpg

http://i47.tinypic.com/5v2b88.jpg

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

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

http://i50.tinypic.com/2ugno2d.jpg

http://i45.tinypic.com/2w2fz0w.jpg

http://i47.tinypic.com/350j51y.jpg

http://i45.tinypic.com/2r7apsx.jpg

http://i45.tinypic.com/14vtmb8.jpg

29/November/2009

Atlantis

http://i48.tinypic.com/b8o5dd.jpg

http://i49.tinypic.com/atq39u.jpg

http://i45.tinypic.com/2mhzd5h.jpg

http://i50.tinypic.com/211m7fd.jpg

http://i49.tinypic.com/4rxrms.jpg

http://i45.tinypic.com/10e517k.jpg

http://i45.tinypic.com/1490879.jpg

http://i45.tinypic.com/qyi99i.jpg

http://i49.tinypic.com/v7bpko.jpg

http://i48.tinypic.com/10xhuv7.jpg

^^ Stunning set Imre! :bow: :cheers:

http://i48.tinypic.com/m8h1zc.jpg
A Royal Air Force Typhoon flies over the Jumeirah Palm in Dubai, United Arab Emirates, while attending the Dubai Air Show
http://www.telegraph.co.uk/news/picturegalleries/theweekinpictures/6671475/The-week-in-pictures-27-November-2009.html?image=29

Palm Jumeirah and Atlantis

http://i47.tinypic.com/w1r8z5.jpg

http://picasaweb.google.com/imresolt/PalmJumeirahAndAtlantisHotelAerialPhotosDubai29November2009#

Hi Guys,

What's the local gut feel on the direction of property prices this week? I have been toying with the idea of selling my apt in Al Haseer on the shoreline but maybe I've left it too late? Should I hang on in or quit whilst I can still get a bit more than my money back?

Any advice/insight would be appreciated.

theres buyers for your apartment, up to you, Nakheel are in a lot of trouble..

depends on your financial situation..

Hi Guys,

What's the local gut feel on the direction of property prices this week? I have been toying with the idea of selling my apt in Al Haseer on the shoreline but maybe I've left it too late? Should I hang on in or quit whilst I can still get a bit more than my money back?

Any advice/insight would be appreciated.

Great news this morning . . . IFA have got my tenant to stay unitil April 2011. So . . . time to relax again. I must hold my mettle and stick with the long term investment plan!

On a serious front anyone got any ideas what will happen to the Palm infrastructure if Nakheel isn't bailed out? I am actually hoping that the Abu Dhabis will take the Palm . . . I hope I'm not wishing for something that will have a hidden negative effect but if say the AB's took it in return for some debt repayment they might then fund every penny that is needed to get the Palm finished.

Great news this morning . . . IFA have got my tenant to stay unitil April 2011. So . . . time to relax again. I must hold my mettle and stick with the long term investment plan!

On a serious front anyone got any ideas what will happen to the Palm infrastructure if Nakheel isn't bailed out? I am actually hoping that the Abu Dhabis will take the Palm . . . I hope I'm not wishing for something that will have a hidden negative effect but if say the AB's took it in return for some debt repayment they might then fund every penny that is needed to get the Palm finished.

Hi Sandbanks, to rent your unit by IFA , you must have a previous decoration pack by the company?How much it cost?Thanks

Has anyone a handyman they trust to do a nice job at reasonable prices? Some cosmetic touch ups needed such as painting and repairing a minor leak or two.

Has anyone in the shorelines had any effect from the building moving and settling a bit? Or in any villas?

Hi Sandbanks, to rent your unit by IFA , you must have a previous decoration pack by the company?How much it cost?Thanks

You are right . . . I have the IFA interior package . . . I had to shell out for this more than 2 years ago . . . if I recall correctly it cost me around 235k AED . . . a hell of a lot for what I got . . . it includes 4 telephones, 3 x 21 inch TV's, 1 x 32 inch TV, 3 DVD players . . . tons of stuff that I wouldn't have if I was staying there myself . . . but I guess it has to be kitted out like a hotel suite.

On the psotive side, I've had some great rental income and this is set to continue for at least another year.

Great news this morning . . . IFA have got my tenant to stay unitil April 2011. So . . . time to relax again. I must hold my mettle and stick with the long term investment plan!.

Agree stick with your long term plans. Long term plans are the ones which pay off. Dubai and UAE will rebound greater than before.

wow!! wondeful pics.. :) but just wondering, is there any specific reason why one of the rows (third one while coming into the palm) is still empty??

Imre - Thank You for the big update. Those pictures are fantastic!!!!!!!!!!

Does anyone know, what are the properties on Logo island? And who is the owner?

the right (completed) island belongs to a local and is a private property.
the left (uncompleted) island belongs to the Royal Mirage Hotel and is named Dubawi Island.

wow!! wondeful pics.. :) but just wondering, is there any specific reason why one of the rows (third one while coming into the palm) is still empty??

I have the same question as well. It's nothing but a sand bar right now.

http://i45.tinypic.com/35l88ye.jpg

^^ Partial guess, partial feeling I heard this in the forum a while back, is that they used this frond as a storage area, they needed to keep vast amounts of construction materials fairly close to the action during the main build phase. I think they then lauched some more villas on that frond, ultra-pricey, about a year ago. Timing probably wasn't the best :)

I also heard that the top 2 fronds also belong to the Sheikh (as well as the right logo island). Does anyone know of this or of anything else?

^^Upper fronds(H,I and J) were sold in land plots around 17000 sqft. They were selling from AED500 to AED1000 per sqft based on location just recently.

^^

Those area name , Jumeirah Point , I had an invitation for the launch last year but later cancelled.

Nothing happening there now.

^^ Partial guess, partial feeling I heard this in the forum a while back, is that they used this frond as a storage area, they needed to keep vast amounts of construction materials fairly close to the action during the main build phase. I think they then lauched some more villas on that frond, ultra-pricey, about a year ago. Timing probably wasn't the best :)


Yes, N frond was used a storage for both materials and partial labour camp, did try very expensive launch which fell very flat, not surprisingly.

Dubai-based developer Nakheel on Wednesday strenuously denied reports in the international media that its landmark Palm Jumeirah island was sinking into the Arabian Gulf.

European ground survey firm Fugro NPA Ltd had said that the island is sinking by an average of 5 millimetres a year, and may flood in the future if ocean levels rise.

However Shaun Lenehan, Head of Environment at Nakheel, said that the reports were “wholly inaccurate”.

“The integrity of all buildings, utilities and infrastructure on Palm Jumeirah are testament to the fact that there has been no subsidence,” Lenehan told Arabian Business. “Any settlement of the ground, even as little as 5mm, would generate obvious physical manifestations including masonry cracking, leaking pipes, broken windows and so forth.

“Claims suggesting Palm Jumeirah has sunk by 5mm, as detected by remote sensing (satellite) techniques, are not possible given that NASA’s laser altimeter satellites have an accuracy of only + or – 50 mm,” he added.

The Palm Jumeirah allegations are the latest in a string of worries for the developer, which is part of the Dubai Government-controlled conglomerate Dubai World.

Earlier on Wednesday, Nakheel announced that impairment and termination charges meant it had posted losses of more than $3.6bn during the first six months of 2009, as the global economic crisis hit the Dubai real estate market.

And Dubai World last month shocked the international financial community when it announced it is seeking a standstill deal with banks on its debt, estimated at more than $26bn.

Work on the Palm Jumeirah began in 2001, and the man-made island cost an estimated $12bn to build. Homeowners on the development, which extends 5km into the Gulf, include footballers David Beckham and Michael Owen.

www.arabianbusiness.com%2F575669-nakheel-palm-jumeirah-not-sinking

25/December/2009

Palm Jumeirah from the Rose Rayhaan by Rotana Hotel

http://i50.tinypic.com/9knf2a.jpg

http://i50.tinypic.com/208e6oi.jpg

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

Amazing pic... if it wasnt for that crane in the way it would have been an epic pic. Dam that crane!!!
Great work Imre :)

you can photo-shop the crane out in less than 5 minutes lol,

Al Fattan Resort

http://i48.tinypic.com/np5cvo.jpg

http://i47.tinypic.com/ndq5jq.jpg

http://i48.tinypic.com/o7ppjb.jpg

^^wow didnt realize palm j. had jail facilities :dunno:

Luxury apartments still selling on The Palm


http://i47.tinypic.com/2db3sd2.jpg

Only 189 of 644 apartments left at the Oceana Resort development says Asteco, leading property services company in UAE

Fully-furnished show homes have been opened for the first time to the public to promote the sale of the final one two and three bedroom spacious apartments in an exclusive gated community on The Palm Jumeirah.

The Oceana Resort and Spa apartments, developed by independent United Arab Emirates holding company Seven Tides, are competitively priced from between AED1.65 million for a 1,237 square feet one-bedroom apartment and AED3.3 million for a three-bedroom 2,239 square feet apartment.

more info and pics here:

http://imresolt.blogspot.com/2009/12/luxury-apartments-still-selling-on-palm.html

^^wow didnt realize palm j. had jail facilities :dunno:

Please judge it when it's finished, not when it's under construction...

Hey all. Has anyone heard anything about title registration of your property with the land department, which Nakheel is supposed to take care of? (I own in the shoreline).

Anyone get their property on the palm registered? (Or anywhere, for that matter?)

Hey all. Has anyone heard anything about title registration of your property with the land department, which Nakheel is supposed to take care of? (I own in the shoreline).

Anyone get their property on the palm registered? (Or anywhere, for that matter?)

Got a call from the bank I have my mortgage with (HSBC) to arrange an appointment at lands dept. I gave them some dates and they have set it up for this Wednesday. In theory I go there, fill in some paperwork, pay the fee (0.25% of mortgage amount), and then will get my title deeds a few days later.

Hey all. Has anyone heard anything about title registration of your property with the land department, which Nakheel is supposed to take care of? (I own in the shoreline).

Anyone get their property on the palm registered? (Or anywhere, for that matter?)

I emailed Nakheel about our title deed last month (having made the required payments and sent the requested documentation through back in August 2007). I received a pretty prompt reply telling me:

"Regards to your property the title deed is ready".

The email address of the person who sent me this reply is:

manal.alawadhi@nakheel.com

Suggest you email Manal but also copy Nakheel legal into the message.

I don't suppose Nakheel would be willing to DHL me the deed would they? Sounds like a good excuse to take a trip to Dubai anyway.

Richard - Hope you and the family are keeping well. Happy New year to you and to all SSC forumers.

Salty

:):cheers:

Incidentally, I was told last week by someone at our rental management company (E&T) that Nakheel reckon there will be shops up and running on the Golden Mile within 6 months. Any truth to this do you reckon?

Any sign that landscaping of the Park might seriously get under way soon? No park, no shops IMO.

Incidentally, I was told last week by someone at our rental management company (E&T) that Nakheel reckon there will be shops up and running on the Golden Mile within 6 months. Any truth to this do you reckon?

Any sign that landscaping of the Park might seriously get under way soon? No park, no shops IMO.

Hey Salty, good to see you back on the forum, and a happy festive season to you and yours. If you do make the trip out give me a shout, must be my round :cheers::cheers:

There does appear to have been some efforts to clear all the construction debris and add sand to raise the level of the ground to the same level as where the shops would be, but more so on the section furthest from shore (after the Trump Sandpit), and progress seems very stop and go. I would certainly say 6 months is feasible. Did hear a while back that Trader Vics had signed up, which would certinly liven up the Palm, but no other names I know of.

Completely agree, no park, no shops / cafes, hopefully the revenue Nakheel would get from retail leases (assuming they have not sold the retail units) would act as an incentive to start landscaping ASAP.

Cheers Richard.

Despite its financial situation Nakheel doesn't seem very keen to fill its coffers. I (and many others) still haven't received the management charges for 2009. I was expecting the invoice in October. The fees for your and my place would pay for landscaping of the park on their own!!

Will let you know if I'm coming to town. Most likely date will be late spring/early summer.

All the best for 2010. 2009 was an interesting one.

:cheers1:

Thanks salty. What development are you in by the way?



I emailed Nakheel about our title deed last month (having made the required payments and sent the requested documentation through back in August 2007). I received a pretty prompt reply telling me:

"Regards to your property the title deed is ready".

The email address of the person who sent me this reply is:

manal.alawadhi@nakheel.com

Suggest you email Manal but also copy Nakheel legal into the message.

I don't suppose Nakheel would be willing to DHL me the deed would they? Sounds like a good excuse to take a trip to Dubai anyway.

Richard - Hope you and the family are keeping well. Happy New year to you and to all SSC forumers.

Salty

:):cheers:

Thanks salty. What development are you in by the way?

You're welcome.

We have an F type Shoreline in the Al Tamr building.

Good luck with the title registration process.

:)

Thanks again Salty. That's good news as I am in the shorelines as well. I made the inquiry last night.

Have you noticed any cracking of the walls in your building due to settling?

Hi Guys

Just to let you know NAM are attending to all settlement cracks starting in building 1 and working all the way round to building 20... eventually. You will get a notification as to access to your apartments in due course.

Word on the street is that the landscaping will start Jan/Feb with all the materials being stored on the area (beach side) where the QE2 was supposed to be berthed.

We shall see....

Cheers
The Coop

Thanks again Salty. That's good news as I am in the shorelines as well. I made the inquiry last night.

Have you noticed any cracking of the walls in your building due to settling?

Thanks for the info, Coop. This was troubling me a bit, especially as I had a tenant just move out who did not tell me anything about it until he was basically moved out..!

. . . are you guys finding tenants for the shoreline apts without too much trouble?

Any idea how you see PJ evolving?

. . . are you guys finding tenants for the shoreline apts without too much trouble?

Any idea how you see PJ evolving?

My tenant is in for the long haul so haven't had the problem of finding new ones, but prices certainly seem to have stabilised now, even though there are quite a few on the market. Cheaper 2 beds dropped to 120-125 in late summer, I think a bit of panic set in. I had to drop my E type in June from 190 to 150 for a renewal. Unless there's another sudden drop I think he'll be happy to renew at 150 again next June.

As for how it will evolve, I think the only downside is if Nakheel go belly up and drag NAM down with them, which would affect services at least short term. The upside is rosy I think. Once the sudden oversupply created by Oceana / Tiara / Marina res has been taken up I see no reason why prices shouldn't start a nice uptrend. Sooner or later they will have to do the village Center, although Golden mile retail will bring about a nice change much sooner than that, at least by end of 2010 I would think, especially for guys like Salty and I on the left side. Trump and QE2 may never happen in the most recently proposed forms but you have to believe they will replace them with something nice on a smaller scale.

One major thing in PJs favour is of course that PJA seems now to be on almost-permanent hold. I wouldn't go as far as to say they will let it wash back into the sea, but equally I can't see it being a sustainable residential community this side of 2020, so one big chunk of competition for PJ is effectively removed for the time being.

My $0.02 worth. Interested to hear what anyone else thinks................

Our tenant's been in since October 2007 so I'm not well up on current ease of renting or settlement cracks I'm afraid.

However, I don't see many F types on the rental sites at all. Our guy has paid 150k per annum each year. If he leaves I think I will be looking for 170k.

In general my views are similar to Richard's. As long as the park and GM shops get up and running soon I think the Trunk of the Palm will be a great place to live (it is already by most residents' accounts). Progress on the Village Centre would make a big difference too. As for the QE2 and Trump Tower, if they get built this would be a bonus, but I don't see these developments as really vital.

If the Mega Yacht Marina is built, and the Anchor Marina and Mega Yacht Marina become properly populated with moored vessels, then I think the whole place will really spring to life.

My hope is, that with the demise of the Palms JA and Deira, Nakheel will focus on finishing the Palm Jumeirah fully so as to make it a completed centerpiece for modern Dubai.

Fingers crossed ...

Cheers Richard.

Despite its financial situation Nakheel doesn't seem very keen to fill its coffers. I (and many others) still haven't received the management charges for 2009. I was expecting the invoice in October. The fees for your and my place would pay for landscaping of the park on their own!!

Will let you know if I'm coming to town. Most likely date will be late spring/early summer.

All the best for 2010. 2009 was an interesting one.

:cheers1:

The park is going to cost 25M AED to construct, Nakheel should be more concerned with getting DEWA connected to some of its other development first (biasd comment)

The park is going to cost 25M AED to construct, Nakheel should be more concerned with getting DEWA connected to some of its other development first (biasd comment)

Hi Paul. Where did that figure come from? Doesn't sound unreasonable, just wondered is that was inside info?

Speaking of filling coffers... Is anyone balking at the obscene service fees from Nakheel ??

I got a bill for AED 22k for a 1 BR shoreline. WHAT THE..??? Are they bonkers?

Am I reading the bill wrong?

This is more than a fifth of the highest rental rate I have been offered by a tenant so far.

Any opinions? Is it proportionally higher for larger units?

It will be in line with the sqft of the apartment but 22k per year for a one bed sounds pretty normal for Dubai, my service charges are around that for my 1 beds in Emaar developments in Downtown.

^^ I pay 31k for a 2 Bed in DBD myself, so yea, i think we're all in the same boat here.

Speaking of filling coffers... Is anyone balking at the obscene service fees from Nakheel ??

I got a bill for AED 22k for a 1 BR shoreline. WHAT THE..??? Are they bonkers?

Am I reading the bill wrong?

This is more than a fifth of the highest rental rate I have been offered by a tenant so far.

Any opinions? Is it proportionally higher for larger units?

Even i got for same amount for 1 Bed in Discovery Gardens:bash:

Richard, Salty,

Thanks for the opinions. I hate the expression "location, location, location" but it does ring true where the PJ is concerned. I really do believe Nakeel should finish this project and use it as an example of what can be achieved . . . postponements to the PJA and PD can have an upside for all of us with property on the PJ.

On rental, I just agreed 200k aed on a my 3 bed C type in Al Haseer. That's half what I was getting in 2008 (what a year that was!) but I think a bird in the hand . . . . as long as I don't need the money I will keep the apartment and hang in for the long term . . . the only thing tempting me to dispose is the lure of Vilamoura . . . what a place for a second home and only two and half hours from the UK!

Have a great 2010 . . . and let's hope some brighter news is on the horizon.

Hi
We have a shoreline to rent but may possibly sell. We are having problems getting good advice as prices are all over the place. Can anyone recommend a good agent for selling/renting
thanks
Pauline

^^ I pay 31k for a 2 Bed in DBD myself, so yea, i think we're all in the same boat here.

What did you pay last year?

^^ This was the first year as we took possession in July 2009.

Hi
We have a shoreline to rent but may possibly sell. We are having problems getting good advice as prices are all over the place. Can anyone recommend a good agent for selling/renting
thanks
Pauline

Pauline,

I have worked with this agent regarding the palm;

sarah.compton at smithandken. com

She always seems to now the market prices in the area and up to date news etc..

Pauline,

I have worked with this agent regarding the palm;

sarah.compton at smithandken. com

She always seems to now the market prices in the area and up to date news etc..

Dont go anywhere near Smith and Ken.Greedy shitty estate agents-expecially Sarah Compton who epitomises exactly what they are all about.They are after a quick buck and will not act in your interest.Here is a copy of the last email I received from Sara Compton-it shows her in her true light:

`Hello,



Yes I do encounter a lot of greedy people, every day in fact - they brought it on themselves but it doesn’t really bother me.



``Nothing has really happened to Dubai apart from the property prices going down to what they are really worth. People were just living in a bubble which has now burst and it needed to. How on earth would a villa made of cardboard, insulated with newspaper, stuck next to 100 others on a manmade island be worth over 3m pounds? It’s ludicrous.



Anyone who bought here has had a massive reality check. ``

The ONLY agents to go to regarding the Palm are `Edwards and Towers`.
From day one they have been behind the project and can be trusted.

Try
richard@edwardsandtowers.com

Sara Compton sounds like a whole-hearted committed estate agent . . . I can't believe she could be dumb enough to write that email but then life is always full of surprises!

In response to the below post, I would be interested to hear what you have to say about the quality of work on the Palm - especially the shoreline buildings - as they were the first built - subcontracted by Nakheel.

I have a shoreline apartment, but it is rented and I live abroad therefore have never been inside.

Is the quality really that bad?. Many seem to knock the Palm properties due to poor quality, poor workmanship, cheap materials etc. This seems however to come from those who do not own there .... is the quality really that bad?

Look forward to hearing some honest views ...


Dont go anywhere near Smith and Ken.Greedy shitty estate agents-expecially Sarah Compton who epitomises exactly what they are all about.They are after a quick buck and will not act in your interest.Here is a copy of the last email I received from Sara Compton-it shows her in her true light:

`Hello,



Yes I do encounter a lot of greedy people, every day in fact - they brought it on themselves but it doesn’t really bother me.



``Nothing has really happened to Dubai apart from the property prices going down to what they are really worth. People were just living in a bubble which has now burst and it needed to. How on earth would a villa made of cardboard, insulated with newspaper, stuck next to 100 others on a manmade island be worth over 3m pounds? It’s ludicrous.



Anyone who bought here has had a massive reality check. ``

In response to the below post, I would be interested to hear what you have to say about the quality of work on the Palm - especially the shoreline buildings - as they were the first built - subcontracted by Nakheel.

I have a shoreline apartment, but it is rented and I live abroad therefore have never been inside.

Is the quality really that bad?. Many seem to knock the Palm properties due to poor quality, poor workmanship, cheap materials etc. This seems however to come from those who do not own there .... is the quality really that bad?

Look forward to hearing some honest views ...

Cant vouch for the shorelines but I love my Villa.As an ex builder I can say the quality is very good and up to standard.The drainage system has caused the most problems and have had to replace a few pumps but nothing that cannot be handled.Some of the tiling left a bit to be desired but generally very good.
I stay 3 months a year in the villa and can honestly say that it is a perfect location.The peace and tranquility you cannot describe.It really is the perfect location so please dont believe any stories that you read or hear.
Holiday rentals have been fantastic and demand seems to be increasing as the Palm infrastructure nears competion.
More and more end users are moving into the villas and I could sell mine tomorrow if i wanted-I have offers on the table but want to keep hold of it.
Smith and Ken devalue the Palm trying to panic sellers and using every underhand tactic imaginable.Some like Sandbanks see it as opportunist-I dont.

In response to the below post, I would be interested to hear what you have to say about the quality of work on the Palm - especially the shoreline buildings - as they were the first built - subcontracted by Nakheel.

I have a shoreline apartment, but it is rented and I live abroad therefore have never been inside.

Is the quality really that bad?. Many seem to knock the Palm properties due to poor quality, poor workmanship, cheap materials etc. This seems however to come from those who do not own there .... is the quality really that bad?

Look forward to hearing some honest views ...

My guess is that Sarah Compton never bought for herself on the Palm, missed the boat, and now has to smile and be cheerful to the rich and spoilt on a daily basis. Sounds like it's really gripping her shit :lol:

My apartment is also rented but I visit my tenant quite regularly. He loves the apartment, loves the Shoreline lifestyle (think he has a stool with his name on it in Bidi Bondi). 2.5 years now since handover and have had one minor A/C glitch which was fixed quickly and easily at no cost. Otherwise, plain sailing, best investment I ever made even at current deflated prices, and the only way from here is up............ :cheers:

Some like Sandbanks see it as opportunist-I dont.

I have never expressed that opinion . . . never . . . and would appreciate a retraction.

:-)

i too have never had any major problems except the balcony flooding but this was fixed relatively fast.

I just dont understand all the negative comments about build quality, so thought I would ask ...

My guess is that Sarah Compton never bought for herself on the Palm, missed the boat, and now has to smile and be cheerful to the rich and spoilt on a daily basis. Sounds like it's really gripping her shit :lol:

My apartment is also rented but I visit my tenant quite regularly. He loves the apartment, loves the Shoreline lifestyle (think he has a stool with his name on it in Bidi Bondi). 2.5 years now since handover and have had one minor A/C glitch which was fixed quickly and easily at no cost. Otherwise, plain sailing, best investment I ever made even at current deflated prices, and the only way from here is up............ :cheers:

:-)

i too have never had any major problems except the balcony flooding but this was fixed relatively fast.

I just dont understand all the negative comments about build quality, so thought I would ask ...

I have a 3 bed apt in Al Haseer along the shoreline. It is managed by Fairmont. The overall finish of the apartment is excellent - I went through it with a fine toothcomb. There were some things that needed snagging - Fairmont had already identified most of these prior to my inspection of the property. I believe that some of the other blocks are not up to the same standard. Friends of mine who have a penthouse in Al Haseer and a 2 bed in one of the other blocks say that the finishes are to a totally different level and the other apt has been nothing but trouble.

I picked Al Haseer mainly because Fairmont made the best pitch to me and apart from a less than impressive start everything they've done since Jackie Mackay has been involved has been first class.

I have never expressed that opinion . . . never . . . and would appreciate a retraction.

``Sara Compton sounds like a whole-hearted committed estate agent ``

So what was does this mean?

Dont go anywhere near Smith and Ken.Greedy shitty estate agents-expecially Sarah Compton who epitomises exactly what they are all about.They are after a quick buck and will not act in your interest.Here is a copy of the last email I received from Sara Compton-it shows her in her true light:

`Hello,



Yes I do encounter a lot of greedy people, every day in fact - they brought it on themselves but it doesn’t really bother me.



``Nothing has really happened to Dubai apart from the property prices going down to what they are really worth. People were just living in a bubble which has now burst and it needed to. How on earth would a villa made of cardboard, insulated with newspaper, stuck next to 100 others on a manmade island be worth over 3m pounds? It’s ludicrous.



Anyone who bought here has had a massive reality check. ``

That is absolute Bull**** who in their right mind would write that to you, im sure you are competition of some sort, pathetic..

``Sara Compton sounds like a whole-hearted committed estate agent ``

So what was does this mean?

. . . . it was sarcasm!

I followed that statement with:I can't believe she could be dumb enough to write that email but then life is always full of surprises!

In fact I bet the only thing stopping Sara leaving Dubai is the cost of an economy flight ticket, that or fear of the DHS & HMRC getting on her back if she ever returns to the UK! :D

I think that statement Goss is completely out of order and uncalled for, she has been nothing but a help to me and some of my friends...

If she emailed you either because you are a seller or a buyer why on earth would she say that, you need to come up with a better and more believable lie.

. . . . it was sarcasm!

I followed that statement with:

In fact I bet the only thing stopping Sara leaving Dubai is the cost of an economy flight ticket, that or fear of the DHS & HMRC getting on her back if she ever returns to the UK! :D

sorry Sandbanks

I think that statement Goss is completely out of order and uncalled for, she has been nothing but a help to me and some of my friends...

If she emailed you either because you are a seller or a buyer why on earth would she say that, you need to come up with a better and more believable lie.

Not sorry about this one.
Why would I lie about such a thing?
Of course she is being nice and helpfull to you and your friends she is trying to make money out of you!.She is the liar by disguising to you and you friends exactly what she thinks of the Palm.The email she sent to me showed her in her true light and what she really thinks of the Palm project-that is all I am saying.
I dont like being called a liar and here is the email again with sender.

From: "Sarah Compton" <sarah.compton@smithandken.com>
To: (deleted)
: Thursday, 1 October, 2009 07:13:20 GMT +00:00 GMT Britain, Ireland, Portugal
Subject: RE: An email from Sarah at Smith and Ken



``Hello,



Yes I do encounter a lot of greedy people, every day in fact - they brought it on themselves but it doesn’t really bother me.



Nothing has really happened to Dubai apart from the property prices going down to what they are really worth. People were just living in a bubble which has now burst and it needed to. How on earth would a villa made of cardboard, insulated with newspaper, stuck next to 100 others on a manmade island be worth over 3m pounds? It’s ludicrous. ``

Hi Goss,

Sorry for calling you a liar, but at first it seemed hard to believe. I'm sure she makes money out of commissions like every other agent, I sold through her and a couple of friends have sold through her as well, we got good prices and better then what I was expecting at the time,

I have also used S & K for Downtown properties and have always had a good service? - I thought they were professional and found it amazing that there are some people that actually call you back when you call or ask for something!

-----

. . . guys . . . it's a fact "one man's meat is another man's poison" . . . or something like that!?!

Oh and thanks for the apology Goss, more than I expected, a retraction would have been fine!

What interests me is why Sara wrote that email in the first instance . . . I don't want to labour on this issue but I wonder Goss what you had said to her that triggered such a stupid response?

I forwarded this to Sarah, just to get her reaction, she forwarded me the WHOLE conversation, enlightening reading I must say. In future, Goss if you are going to quote someone, make sure you show the full, 2 way conversation! She actually makes a valid , granted quite badly put point.

Anyway enough of this, its very petty.

Edwards and Towers are absolute crap.... I would never deal with them, and there illegal office on the shoreline.

The stories I have heard about them, I cant even begin to talk about.

Richard, your caught out

I have used Edwards and Towers since handover of my Shoreline in 2007. They have consistently had the apartment rented since then, on both short and long term lets, and been extremely efficient and professional at all times in their level of service provision.

I would not hesitate to recommend them at any time. I dont say this lightly, I have tried other agents for other properties outwith the Palm and their service levels come nowhere near Edwards and Towers.

Just my 2 cents...

I have used Edwards and Towers since handover of my Shoreline in 2007. They have consistently had the apartment rented since then, on both short and long term lets, and been extremely efficient and professional at all times in their level of service provision.

I would not hesitate to recommend them at any time. I dont say this lightly, I have tried other agents for other properties outwith the Palm and their service levels come nowhere near Edwards and Towers.

Just my 2 cents...

This has been precisely my experience with E&T. Can't speak highly enough of them, but have never tried anyone else. Have never needed to.

By the way. Great to see a few of the old crew back on the forum and enjoying their properties. Happy New Year to you Goss, Dubayyy, Richard Head etc.

I've just trudged home through 6 inches of snow. The sooner I take a trip out to pick up my title deed the better!

:storm:

I have several questions abut the palm and hope someone can give me answers, so here we go.

What kind of shops, entertainment facilities (except the Atlantis park), what kind of medical services, educationals stuff and so on is beeing built on the palm? Is is vibrant, do you see many people walking outside when temperatures drop? Are people at the beaches? How does it feel to be on the palm? Or have you just the feeling it is a big speculative project for the investors and or holiday residency?

I have several questions abut the palm and hope someone can give me answers, so here we go.

What kind of shops, entertainment facilities (except the Atlantis park), what kind of medical services, educationals stuff and so on is beeing built on the palm? Is is vibrant, do you see many people walking outside when temperatures drop? Are people at the beaches? How does it feel to be on the palm? Or have you just the feeling it is a big speculative project for the investors and or holiday residency?

Shops - a few in the shorelines, nothing proper yet.
Entertainment - only shoreline restaurants. Bidi / Cabana e.t.c
Medical - Nothing
Education - Nothing (school being built on crescent but hasn't broken ground yet)

I wouldn't say its vibrant, but the beaches are busy on a daily basis.

It feels good to be on the palm?

Edwards and Towers are absolute crap.... I would never deal with them, and there illegal office on the shoreline.

The stories I have heard about them, I cant even begin to talk about.

Richard, your caught out

Are you a complete buffoon?
Do you think Nakheel would lease offices to an illegal operation in the shorelines? Have you ever leased a commercial space in Dubai? You need to supply a copy of your trade license to process the lease. Do you think Nakheel is that desperate for the rent that they would turn a blind eye?

I've used both Edwards&Towers and Smith&Ken (commonly know as Barbie & Ken in Dubai) and there is no comparison. Smith&Ken is a boiler room operation, they constantly call me up from a dodgy copy of the Nakheel customer list that is 3 years out of date. They will tell you anything to make a sale or get you to sell cheap... My advice stay far away from these muppets.

Edwards & Towers seem to have created a good niche for themselves specializing on Palm properties. Never had anything but a good experience dealing with them including making some money!

Anyway hope you don't get too burnt dealing with Barbie & Ken

^^ it was a bit of a joke at the time, sorry to offend billyboy... I haven't leased commercial space in Dubai but I do own some but don't know the procedure

Everyone has an opinion and like E&T have done for you, S&K seem to have done for me....

anyway enough of this now.

who has information on prices for Ottoman Palace villas?

^^ Just spotted the comment "Richard you're caught out". Was that aimed at me? Can't see any other Richards on here :dunno:

^^ No richard, not you.

^^ No richard, not you.

Alrighty..........You probably guessed my real name is not Richard anyway (or Head for that matter :cheers:)

anyway enough of this now.

who has information on prices for Ottoman Palace villas?


the villas at Ottoman Palace (soon to change its name) have not been released yet. the expectation is to release them once the adjoining hotel is ready which should be 2nd quarter this year.

If anyone wants anymore details, please feel free to contact me on BenES@asteco.com.

Alrighty..........You probably guessed my real name is not Richard anyway (or Head for that matter :cheers:)

LOL i had a suspicion.

Benes, whats the name change Khalifa Palace?

Do Asteco handle these exclusively? - Do you have buyers for them?

Hi there,
Words like luxury,royal,etc...appears in the marketing sales of The Grandeur Residences...ummmmmm..have a look at this.:ohno:
I'm courious how it will be the smart home...:badnews:
http://img691.imageshack.us/img691/2113/imagen2m.jpg
http://img46.imageshack.us/img46/640/18913123.jpg
Ciao

that stove can make enough food to feed an army, just look how big it is,

^^ i can´t understand.... With the prestige that has TAJ hotels that could allow this kind of this miser old decoration , that super mini oven , microwave and stove of 20 years ago.. I am afraid to see rest of the appartment
:ohno::fiddle:

^^ What were the prices here? I doubt they would have sold it cheap so there really is no excuse for this!

^^ around 2k The cheapest to 14k the villas!!

Thats Horrible....

About these Nakheel service charges... can anyone check their bill to see if the cooling bill is included in the service charge assessment? I have a bad feeling that my tenant stiffed me with the bill for 2 years. But it is really hard to tell because of the 3 different references to cooling as 'cooling' or 'utilities' or the 'chiller' fee...




Even i got for same amount for 1 Bed in Discovery Gardens:bash:

Speaking of filling coffers... Is anyone balking at the obscene service fees from Nakheel ??

I got a bill for AED 22k for a 1 BR shoreline. WHAT THE..??? Are they bonkers?

Am I reading the bill wrong?

This is more than a fifth of the highest rental rate I have been offered by a tenant so far.

Any opinions? Is it proportionally higher for larger units?

Re E&T, is there a sales agent in particular any of you would recommend? Thanks

You can try Anna from E & T she has been very good in the past, anna@edwardsandtowers.com

Thanks.

I am staying on the palm in an apartment at the moment and do you know what !
it,s rubbish !
fuck all to do!
and the apartment is really cold at night no heating and guess what !
went to get a shower before and you, guest it no hot water !
The pools freezing the sea is cold also !
come back spain all is forgiven!
:ohno:

^^
come back spain all is forgiven!
:ohno:[/QUOTE]
?????

The Palm shoreline is a great place for a holiday, far better than Spain at this time of year.
As to the temperatures Southern Spain is 16-18 daytime and 7-11 at night.
Dubai is 25-27 day and 16-17 at night. sea temperature is Spain 14-16 Dubai 21. Get your facts right.
Loads to do in Dubai but like Spain you may have to travel.


I am staying on the palm in an apartment at the moment and do you know what !
it,s rubbish !
fuck all to do!
and the apartment is really cold at night no heating and guess what !
went to get a shower before and you, guest it no hot water !
The pools freezing the sea is cold also !
come back spain all is forgiven!
:ohno:

I am staying on the palm in an apartment at the moment and do you know what !
it,s rubbish !
fuck all to do!
and the apartment is really cold at night no heating and guess what !
went to get a shower before and you, guest it no hot water !
The pools freezing the sea is cold also !
come back spain all is forgiven!
:ohno:

^^
Look at this guy, What a muppet. Nice langauge too, my 10 year old daughter uses this thread......Way to go scumbag.:bash:

^^

it,s a troll!

Hey guys..

does anyone know what are the maintenance charges for Palm Jumeirah Garden Home?? Also are there any club/gym facilities for Villa owners?

Thanks

[gyhk

Hi all,

I've been offered a three bedroom a-type apartment on the shoreline. It's park side, road facing. I think its building 14. Just wondering what you think its value is.

Thanks

EXCLUSIVE: First bank repossession on Palm Jumeirah

by Anil Bhoyrul on Tuesday, 19 January 2010

http://i47.tinypic.com/o58fmw.jpg
PALM POSSESSION: The first bank repossession has taken place of a house on Dubai's landmark development. (Getty Images)

The Palm Jumeirah has witnessed its first property repossession, resulting in a bank selling an apartment for just AED745 per square foot – nearly 35 percent below the current market rate.

Arabian Business understands that a three bedroom apartment in Al Shala, on the prestigious development, was “taken back” by the owner’s bank last week after he failed to resolve Dhs1.7 million of outstanding debt.

“He left the country and gave power of attorney to someone else. The bank moved in quickly and asked for Dhs1.7 million, which they got within a few hours,” said a source close to agent involved in selling it.

The property was advertised by Networth Real Estate (http://www.gnads4u.com/doc.html?_a=view&id=6824859&t=properties) on the website of UAE daily Gulf News, at an asking price of AED1.7 million for a 2,280 square foot three bedroom apartment. When contacted, the agent said it had “gone immediately for cash".

It is thought to be the first time any bank has taken back a property on the Palm.

Just last week, according to Bloomberg, Barclays, Britain's second largest bank, has won the first foreclosure orders in Dubai, clearing the way for lenders holding about $16bn of Dubai home loans to take action when borrowers don’t pay.

Barclays said in an e-mailed reply to questions from newswire Bloomberg that it won the foreclosure orders, without providing details of the cases.

Similar properties on the Palm are currently being advertised close to AED1140 per square foot, nearly 35 percent higher than the bank’s selling price.

Provisions for bad loans in the UAE surged 68 percent by to 32 billion dirhams ($8.7 billion) as of November, compared with a year earlier, according to Bloomberg.

It said that Islamic lender Tamweel, the emirate’s biggest mortgage bank, has several of its own foreclosure claims pending and estimates about 3 percent of its mortgages are in default.

“Banks will be more aggressive in pursuing legal action if they see the process is efficient,” said Antoine Yacoub, a banking analyst at Moody’s Investors Service.

“They were trying to avoid the courts and restructure most of their loans, but once they see a precedent has been set, they will be encouraged to push more cases through.”

http://www.arabianbusiness.com/579191-exclusive-first-bank-repossession-on-palm-jumeirah

EXCLUSIVE: Fairmont Palm Jumeirah delayed over funding

by Joanne Bladd on Tuesday, 19 January 2010

Fairmont’s Palm Jumeirah Hotel will miss its scheduled completion date by at least a year to 2011 as its backers struggle to secure funding, the President of Fairmont Hotels & Resorts said on Tuesday.

Kuwaiti firm IFA Hotels & Resorts, partners in the five-star resort on Dubai’s Palm Jumeirah, is finding it hard to gain finance in the souring debt markets, said Thomas Storey, president of the Canada-based hotel chain.

“The problem is our partners in that venture are having financing challenges just like everyone else,” he told Arabian Business. “So it’s hard to know [when it will be built.]"

There is also a question mark over whether the original plan for Palm Jumeirah, a development of state-backed Nakheel, the Dubai real estate firm that requested a standstill on debt repayments in November, will ever be realised, he said.

“The question is going to become ultimately will the Palm ever get developed out now the way it was originally envisioned. I think it is a question mark now.”

Asked whether the coastline resort, which was initially scheduled for completion this year, will now ever be a money-making venture for Fairmont, Storey said he was hopeful.

“I think it can [make us money]. The issue is; we’ve got to get it built first.”

The Fairmont Palm Jumeirah is also home to IFA’s second Dubai-based buy-to-let project, comprising around 200 branded condominiums that have been bought by investors.

When the scheme was announced last November, the Kuwaiti company promised annual returns of 10 percent to investors in the hotel’s first five years of operation, a figure that Storey said the firm will now struggle to deliver on.

“That’s going to be tough,” he said. The units, which are on track for handover in the second-quarter, will be managed by Fairmont in exchange for a portion of the rental fee. All have been sold, Storey said.

http://www.arabianbusiness.com/579294-exclusive-fairmont-palm-jumeirah-delayed-over-funding

^^
Look at this guy, What a muppet. Nice langauge too, my 10 year old daughter uses this thread......Way to go scumbag.:bash:

Way to go Paul letting your 10 year old use the forum, Wish I was looking at this sort of thing at that age, could have started my property career off 10 year earlier than I did !!!! Think I was still using a BBC pc or Spectrum computer back then ! :)

21/January/2010

Palm Jumeirah

http://i49.tinypic.com/i56k2h.jpg

http://i50.tinypic.com/2193qe8.jpg

http://i46.tinypic.com/2qk0zo3.jpg

Hi there, can anyone tell me the current going rate for annual rental of an E-type in Al Nabat (one of the Fairmont buildings beach side). Our current tenant wants to re-negociate and I think he is taking the mick!

Thanks

Hi there, can anyone tell me the current going rate for annual rental of an E-type in Al Nabat (one of the Fairmont buildings beach side). Our current tenant wants to re-negociate and I think he is taking the mick!

Thanks

Around 140 to 150

Around 140 to 150

Yup, that's about right for a standard E-Type. Not sure if the Fairmont buildings have anything extra to offer, if it's fully furnished to a high standard you should be looking at a bit more than 150.

We bought the Fairmont furniture package so we could let it through them - tenant wants a reduction to 140k. The beach club is well managed/maintained, there's concierge service etc. and there's discount in Gusto's so I think they should command a slightly higher rental.

I know of people that just paid 140k in 4 cheques in one of the IFA shorelines (Type E). Unfurnished, but includes the IFA white goods.

From what I understand, the IFA beach club requires the tennant to join and pay in addition to what they pay as rent, and there is only 1 parking space per apartment, you need to pay an extra 10k for a 2nd space?

These together soon add up, so an alternate shoreline Type E suddenly looks good value.

Just something to keep in mind.

21/January/2010

Palm Jumeirah

http://i49.tinypic.com/i56k2h.jpg

http://i50.tinypic.com/2193qe8.jpg

http://i46.tinypic.com/2qk0zo3.jpg

amazing photo imre :banana::banana:

If an apartment has a good tenant in it, going through the trouble of finding another tenant may not be worth a little more rent. Plus if the apartment is empty between tenants that is lost rent. Negotiate the best rent with current tenant and then if the current tenant is paying one cheque grab it because seems like rents are still falling.

Hey guys..

does anyone know what are the maintenance charges for Palm Jumeirah Garden Home?? Also are there any club/gym facilities for Villa owners?

Thanks

Around 20K AED per annum, you can join the gyms in the shoreline

the palm jumeirah have a mall ?

Can someone give me a quick and simple explanation of 'capacity' charges by Palm District Cooling Charges

I know that you pay a fee for a 'capacity charge' when you first take possession of an apartment, and then the tenant transfers the utilities into their own name. But, a few other questions I have are:


1. Is this capacity charge a yearly 'recurring' charge? If so, who pays it? The owner or the tenant?

2. Is this capacity charge included in the 'maintenance' fees that developers charge every year?


Thanks,

BJ

From what I understand, annual capacity is essentially a change to cover the infrastructure costs of the PDC plants that were built to supply the chilled water for the cooling systems.

To me, this is a cost of an air conditioned apartment, and should have been included in the cost of building said air conditioned apartment. By paying this separately, I have an air conditioned apartment, that is not air conditioned if I don't pay this extra charge. Robbery???

PDC capacity is paid annually, and is the responsibility of the owner. Tenant pays consumption only.

PDC capacity is not included in the NAM annual maintenance/service charges. It is payable separately to PDC.

^^ Yup, that's about it. Nakheel should have paid PDC for the infrastructure and capital costs. When they didn't pay, PDC decided going after Nakheel would be a fruitless exercise, so then decided to make the tenants pay instead, since they can (and have) cut them off if they don't pay, they stand a much better chance of recovering most of their outlay.

To make life an even bigger pain in the ass for those of us who are renting, they now include the capacity charge and the utilisation in a single monthly bill, even though landlord pays one and tenant pays the other. One more small illustration of their total disregard for what their customners think. :bash:

the palm jumeirah have a mall ?

No ,nothing but a few seagulls ,still people on here seem to like that sought of thing !
:sleepy::sleepy:

No ,nothing but a few seagulls ,still people on here seem to like that sought of thing !
:sleepy::sleepy:

PALM JUMEIRAH NEED A MALL :lol::lol::lol::lol:

the palm jumeirah have a mall ?

They started building the Mall, but it got put on hold. Right now it's just a big hole in the ground.

Why do we need a mall on the Palm? We have the worlds largest mall (Dubai Mall) within 25 minutes drive, Mall of the Emirates 15 minutes away (probably one of the largest in the world) plus Marina Mall and Ibn Battuta in the other direction. Why why why do we need another mall?!!! This kind of over development is one of the main reasons Dubai is in so much trouble.

They started building the Mall, but it got put on hold. Right now it's just a big hole in the ground.

They started building the Mall, but it got put on hold. Right now it's just a big hole in the ground.

OH THANKS :banana::banana:

The palm does not probably need another mall imo, but it needs something !
Existing shops / restaurants in the shore line building does,nt. cut it for me !
Just no good dining areas or any fun things just the beech which i think is a bit boring !

:)

The palm does not probably need another mall imo, but it needs something !
Existing shops / restaurants in the shore line building does,nt. cut it for me !
Just no good dining areas or any fun things just the beech which i think is a bit boring !

:)

There are hundreds of people on that beach each day who obviously don't find it boring. For those that do, the Golden Mile retail and park should take care of that long before the big mall in the centre gets done. Of course as usual it will not be just a mall, it will be an "entertainment destination" in it's own right. They have already signed up Cirque do Soleil. Have no doubt it will get done eventually, but could be a couple of years or so.

Any news which shops and when they will open in Golden mile? Hope one or two of them will be reasonably priced and what residents can use, without feeling prices are too high like at the moment.

Any news which shops and when they will open in Golden mile? Hope one or two of them will be reasonably priced and what residents can use, without feeling prices are too high like at the moment.

http://img4.imageshack.us/img4/5572/img2120aa.jpg (http://img4.imageshack.us/i/img2120aa.jpg/)
must have been visiting or looking for reasonable prices !:nuts:

January 13, 2010
http://i46.tinypic.com/10i6rvd.jpg
http://www.dailymail.co.uk/sciencetech/article-1247651/World-Islands-Is-end-world-Nasa-picture-suggests-Dubai-globe-sinking-sea.html

Shame about Cirque Du Soleil ....

From The Sunday Times February 7, 2010

CIRQUE DU SOLEIL, the Canadian circus group, and the QE2 cruise liner are among a raft of Dubai-owned assets being prepared for sale as part of a huge cash-raising exercise by the debt-laden emirate.

Advisers to Dubai World, the state-backed conglomerate, plan to offload a portfolio of trophy assets owned by Istithmar, its private-equity arm. The money raised will be used to pay off some of Dubai World’s $22 billion (£14 billion) debts. The group has about 100 large creditors, including British banks.

It is understood that advisers will attempt to sell each asset individually rather than find a single buyer for the whole portfolio. There has been strong interest in the Istithmar assets since Dubai World defaulted on its borrowings last November.

Istithmar, like its government-owned parent, was built up during a huge global spending spree. It snapped up businesses including Barneys, the New York retailer, the W and Mandarin Oriental hotels in New York, and a 50% stake in the Atlantis hotel at the Jumeirah Beach resort. It also owns London properties including the Adelphi office block overlooking the River Thames and the Grand Buildings complex on Trafalgar Square.

Despite this impressive array of assets, advisers say that Istithmar’s big debts may mean sales will not generate much return. Between 2003 and 2007, Istithmar invested $3.8 billion of its own capital, but took on a further $14 billion in debt, according to a recent report by Monitor Group.

One of its most valuable assets is a 2.2% stake in the UK bank Standard Chartered now worth just under $1 billion. It also has stakes in Perella Weinberg, the investment bank, Pension Insurance Corporation, the pension buyout group, and GLG, the hedge fund, and owns the US book publishers Houghton Mifflin Riverdeep and Harcourt Education.

It has already been forced to sell some assets. Just weeks after Dubai World defaulted on its loan repayments, Istithmar was forced to accept $2m for its W Hotel in New York at a foreclosure auction, leaving it with a $283m loss.

The group has also recently put Inchcape Shipping Services, the UK port and shipping agent, up for sale with a price tag of $700m, and last week sold its entire stake in Spice Jet, the Indian budget airline.

Other assets have failed to live up to expectation. A bold plan to turn the QE2, which Istithmar bought for $100m from Cunard in June 2007, into a luxury, floating hotel berthed at the man-made Palm Jumeirah island has never materialised.

Dubai World’s advisers, led by Deloitte, are expected to present the asset sale proposal to its main creditors, including Standard Chartered, HSBC, Lloyds and Royal Bank of Scotland, as part of a wider restructuring plan in the coming months.

A $10 billion bailout by Abu Dhabi has enabled the company to continue to make debt payments but it still needs to reach a longer-term repayment deal with creditors.

If its in the sunday times then its probably not accurate ?
Anyway on with the decadence :lol:

http://img515.imageshack.us/img515/5132/img1615f.jpg (http://img515.imageshack.us/i/img1615f.jpg/)

^^ Any idea who's mansion/palace/whatchamacallit that is?