7. No animals allowed in the pool area



Emaar should be banned all animals in Dubai Marina :lol:

:cheers:

The plants and trees look a mess, like overgrown grass or something, that would compliment a fish pond. Does not seem inviting to get in. Maybe it will look better when grown :dunno:

Is the pool heated in the Winter? Would prefer palm trees around the pool to give a vacation feel.

:lol:The plants and trees look a mess, like overgrown grass or something, that would compliment a fish pond. Does not seem inviting to get in. Maybe it will look better when grown :dunno:

Is the pool heated in the Winter? Would prefer palm trees around the pool to give a vacation feel.

BAH HUMBUG :lol::lol:

Yeah yeah Steve! Palm trees and 12 supertall towers blocking out the sun 23 hours of the day, really inviting and real holiday feel. :lol:

I haven't heard anyone agreeing with your sentiment about paying £50k more for their apartments and getting the gym and pool ready quicker, but you never were very practical with your investment ideas:nuts:

Anyone not sure what I'm refering to then check his comment on The Botanica thread.

is it my eyes or aren't those covers on the loungers removable?

^^ :lol: you must enjoy bickering TB.

For the record I was referring to Cayan's cash flow problem and said "If only Cayan could have managed to sell Silverene for a little more, then maybe they could also afford to clean the building and provide a gym".

A little bit more does not have to mean 50k more.

Anyway my point is that the pool area currently looks like an overgrown garden here at Silverene. It would put me off renting for holiday use. Nice finish to the apartments however.

The pool is only 0.75m all around. A big disappointment considering the quality of the apartments.

Has anyone been in the pool at filtherene yet?

The pool is only 0.75m all around. A big disappointment considering the quality of the apartments.

Has anyone been in the pool at filtherene yet?

It's SILVERENE!

The pool is only 0.75m all around. A big disappointment considering the quality of the apartments.

Has anyone been in the pool at filtherene yet?

Factualy incorrect! Do we assume that everything else you have posted about Silverene has just been made up lies also. :nuts:

Like I say, strangely suspicious when people only ever post about 1 building, and you don't even live here, apparently!!

The pool is only 0.75m all around. A big disappointment considering the quality of the apartments.

Has anyone been in the pool at filtherene yet?

I never thought I would ever say this. Everybody knows that I am very even tempered in my language. However, I must say you seem to have a bee up your ass (arse, if you prefer). Get the heck out, you silly fella.

^^ :lol: you must enjoy bickering TB.

For the record I was referring to Cayan's cash flow problem and said "If only Cayan could have managed to sell Silverene for a little more, then maybe they could also afford to clean the building and provide a gym".

A little bit more does not have to mean 50k more.

Anyway my point is that the pool area currently looks like an overgrown garden here at Silverene. It would put me off renting for holiday use. Nice finish to the apartments however.

You must enjoy bickering also, you seem to like stirring it up! Why should the landscaping at Silverene be an issue with you? Botanicas USP was its botanical garden, would you class the shrubs at Botanica as a botanical garden?

Botanica 1 beds were about £50k or AED300k more expensive than the Silverene larger 1 beds and the Select payment profile was heavily front loaded. Apparently Botanica 1 beds are currently renting out for a AED5-10k premium. Assuming all things remain equal on the rentals then Botanica will take min30 years to recoup that premium they paid for their apartments. On that basis I think waiting upto 6 months for the gym, the pool, the shops and the windows to get cleaned is a better position to be in.

The late delivery of the facilities and services at Silverene is frustrating, I have no doubt. However the over selling at Botanica is something that owners will have to live with for many many years.

Before anyone has a go at me, I'm not defending the late delivery of the facilities, just pointing out that the grass is not any greener at Botanica as Steve is suggesting.

I think it is also worth noting in the Select vs Cayan debate. We used to compare Bay Central to Silverene as BC was launched ahead of Silverene and stole the limelight with all its fancy pictures, videos and position accurate scenes that were produced for the launch. bold statements about being the most luxurious, and apartments being serviced by a 5 star hotel. Strangely we don't talk about BC anymore.:dunno:

You must enjoy bickering also, you seem to like stirring it up! Why should the landscaping at Silverene be an issue with you? Botanicas USP was its botanical garden, would you class the shrubs at Botanica as a botanical garden?

Botanica 1 beds were about £50k or AED300k more expensive than the Silverene larger 1 beds and the Select payment profile was heavily front loaded. Apparently Botanica 1 beds are currently renting out for a AED5-10k premium. Assuming all things remain equal on the rentals then Botanica will take min30 years to recoup that premium they paid for their apartments. On that basis I think waiting upto 6 months for the gym, the pool, the shops and the windows to get cleaned is a better position to be in.

The late delivery of the facilities and services at Silverene is frustrating, I have no doubt. However the over selling at Botanica is something that owners will have to live with for many many years.

Before anyone has a go at me, I'm not defending the late delivery of the facilities, just pointing out that the grass is not any greener at Botanica as Steve is suggesting.

I am currently considering a purchase of a studio in either Botanica or Sivlerene for holiday use.

The studios are approx. the same price in both currently. I was going to opt for Silverene but not sure now after seeing the pool etc. and problem Cayan are having.

I am keeping an eye on both and weighing up the options.

Strangely we don't talk about BC anymore.:dunno:

Not sure I would fancy a studio there. :D Very happy with my 2 bed in the Torch for long term rentals but looking at Botanica and Silverene at present.

Yes, don't fancy a studio there, looking at Botanica and Silverene only at present.

Thank god - don't think we could take you in bay central! :lol: please take tb's advice and buy in silverene!

^^ Well you could put me in the studio facing the mechanical plant building. Makes a good dungeon.

^^ Well you could put me in the studio facing the mechanical plant building. Makes a good dungeon.

Can you imagine the look on the peoples faces who have bought those BC studios when they get their orientation visit? The Select rep better take a few body guards:lol:

If you are interested in a Botanica studio I would view first and check out the road noise(studios face the main 7 lane road), especially at 3am when the boy racers are out in their Ferarris. I know what it's like when I stumble out of Buddah Bar at 3am and walk upto the chip shop for a fish supper. Its a forumla 1 track on that section of road.

Can you imagine the look on the peoples faces who have bought those BC studios when they get their orientation visit? The Select rep better take a few body guards:lol:

If you are interested in a Botanica studio I would view first and check out the road noise(studios face the main 7 lane road), especially at 3am when the boy racers are out in their Ferarris. I know what it's like when I stumble out of Buddah Bar at 3am and walk upto the chip shop for a fish supper. Its a forumla 1 track on that section of road.

Dangers of off plan! One day we should write a book about it!

Dangers of off plan! One day we should write a book about it!

Check out Damac Heights thread. They posted a Jan 2012 construction update on their website showing "all is well" when it is under 40 feet of water! But hey ho, its off to clean the windows we go!:lol:

I think it is also worth noting in the Select vs Cayan debate.

I think we already had enough discussion about these developers ,projects etc...
At least they are still building , just have a look the hundreds of developers in Sports City,Jumeirah Village,Dubailand,Palm Jebel Ali, Business Bay, Ajman etc.. they have just promised and will never deliver anything..

I think we already had enough discussion about these developers ,projects etc...
At least they are still building , just have a look the hundreds of developers in Sports City,Jumeirah Village,Dubailand,Palm Jebel Ali, Business Bay, Ajman etc.. they have just promised and will never deliver anything..

Spoken like a true Real Estate Agent!:laugh:

I think we already had enough discussion about these developers ,projects etc...
At least they are still building , just have a look the hundreds of developers in Sports City,Jumeirah Village,Dubailand,Palm Jebel Ali, Business Bay, Ajman etc.. they have just promised and will never deliver anything..

At last some perspective. Thank you Imre.

I don't think anybody could genuinely argue that BC was a better purchase then Silverene - I know as I chose BC. Hindsight hey.

But at least these 2 projects are being built and both will be completed.

Think of all those poor investors who have paid and will be unlikely to ever get anything .

^^ :lol: you must enjoy bickering TB.

For the record I was referring to Cayan's cash flow problem and said "If only Cayan could have managed to sell Silverene for a little more, then maybe they could also afford to clean the building and provide a gym".

A little bit more does not have to mean 50k more.

Anyway my point is that the pool area currently looks like an overgrown garden here at Silverene. It would put me off renting for holiday use. Nice finish to the apartments however.

i think quite a few people have been put off renting here.. :lol:

Spoken like a true Real Estate Agent!:laugh: Hi TB can I ask if you are deliberately trying to degrade BC without ever having been there yourself, to be honest it is starting to look very impressive, I have been told the pool area is going to look very high spec:) the contrast with JBR in the back ground is breath taking at times and from the Marina Mall one gets a shiney shimmer in the towers glass from the water if you see it in the right light. Is this the start of SG getting the project right??? b4 you answer give me 5 minutes to go and put me tin hat on lol:banana:

^^Why you posting rubbish here. :bash:

^^Why you posting rubbish here.:banana:Sorry please explain what part is rubbish have been to BC in last few days

Jeetha, any news on Silverene retail?

Hi TB can I ask if you are deliberately trying to degrade BC without ever having been there yourself, to be honest it is starting to look very impressive, I have been told the pool area is going to look very high spec:) the contrast with JBR in the back ground is breath taking at times and from the Marina Mall one gets a shiney shimmer in the towers glass from the water if you see it in the right light. Is this the start of SG getting the project right??? b4 you answer give me 5 minutes to go and put me tin hat on lol:banana:

^^And we know Select always deliver on promises :ohno:

go to the BC thread for the rest of your reply, and make sure your tin hat is securely attached, ya cheeky wee upstart!:lol:

why are people arguing over stupid things

It is a big mystery indeed.

Can you imagine calling your neighbor and tell him :
"What a lousy house you have, your garden sucks, the construction is the worst I have seen. You should be ashamed for buying such a terrible house. Look at mine, it is so great, it is the best house around".

Some posts here and all that arguing is of the same pathetic level. Probably there is some kind of scientific explanation for that.

why are people arguing over stupid things

It is a big mystery indeed.

Can you imagine calling your neighbor and tell him :
"What a lousy house you have, your garden sucks, the construction is the worst I have seen. You should be ashamed for buying such a terrible house. Look at mine, it is so great, it is the best house around".

Some posts here and all that arguing is of the same pathetic level. Probably there is some kind of scientific explanation for that.

Who is calling anyone? This is a discussion forum! The whole purpose of this "forum" is to discuss the merits and demerits of the buildings and their architecture and features. Now we are moving into a new phase as people start living in them.

People in glass houses shouldn't throw stones.:D

Went to Silverene yesterday. Lobby at Tower two still unfinished... Temporary desk and security guy and thats it. Swimming pool area very average.. Lifts still look dirty and halls are very dark, only emergency lights are on.. It looks like we are set for a long wait until we see some progress...

VAlex

chill i say,you will always have people making comments etc,just ignore them

first people were moaning that they are waiting for silverene so long,now they are moaning that they have their apartment but there are other things now

the best thing to do is send cayan a formal letter ,that way you have back up and evidence that you raised these issues,then see what they will do

I'm in the same development as you and have heard absolutely nothing from the residents association. Made the effort to fly over and go along to the meetings and watch the pie fights, then voted on a commitee and a new FM company but nothing comes of it. I even flew to Dubai for a meeting which the Interim OA cancelled:bash: Same old same old, it's easy to criticise just not easy to take action.

If I stopped paying my maintenance then everyone would suffer.
True Blue moving from Interim OA to full OA is not in our hands but frankly Cayan. You will be glad to hear that RERA has intervened and Cayan will shortly be replaced as Association Manager by Strata Global. Finally we will have someone directly answerable to us which will help ameliorate matters and leave Cayan to develop projects which is what they are meant to do. I don't want to get into a typical online slingging match but some of us have put in a lot of hard work, aggravation and our hard earned cash to get to where we are. We have engaged lawyers and sought and got RERA's total buy-in. I welcome your input but we could always use a helping hand in the real as well as the virtual world. The handover process might take a few months for a full audit but I am sure you will agree it is a step in the right direction. With regards to the rescheduling of the meeting all I can say is see Cayan on this one!
Once again I welcome your comments but more so your personal involvement if your time allows.

True Blue moving from Interim OA to full OA is not in our hands but frankly Cayan. You will be glad to hear that RERA has intervened and Cayan will shortly be replaced as Association Manager by Strata Global. Finally we will have someone directly answerable to us which will help ameliorate matters and leave Cayan to develop projects which is what they are meant to do. I don't want to get into a typical online slingging match but some of us have put in a lot of hard work, aggravation and our hard earned cash to get to where we are. We have engaged lawyers and sought and got RERA's total buy-in. I welcome your input but we could always use a helping hand in the real as well as the virtual world. The handover process might take a few months for a full audit but I am sure you will agree it is a step in the right direction. With regards to the rescheduling of the meeting all I can say is see Cayan on this one!
Once again I welcome your comments but more so your personal involvement if your time allows.
Forgot to say that I encourage all concerned to continue paying service charges and for obvious reasons. However it was agreed at the last AGM that Cayan bills owners for 25%. This was done with legal oversight, minuted and conveyed to RERA. What does Cayan do? Bills everyone for 100% (or asks for PDCs). We highly recommend that owners pay 25% for 2012 and in order not to leave too much in the pot with Cayan and since we will go through a handover phase ((obviously subject to a full audit). Bear in mind that '11 financials are yet to be audited (Cayan's responsability) although they still carry forwad for '12 some overspent (against RERA regulations). Once again hopefully light at the end of the tunnel in the coming few weeks

Is there any information available regarding the storage spaces?
I wrote Customer Service two weeks ago, asing about that and, still, got no reply.

Is there any information available regarding the storage spaces?
I wrote Customer Service two weeks ago, asing about that and, still, got no reply.

Call them if you want things resolved... Storage unites are ready

Just passed by Silverene, Tower A marina facing windows still remain unwashed!!! Not sure about the other sides of the building. Absolately filthy, never being washed since handower...

sorry guys but i am in the dark here,so as Ramo says,cayan management are going to be replaced and was there meetings held with rera to get to this decision

^^ Remo is talking about another building (Dora Bay or Jewels). Really don't understand why he is posting it here.

Could be help to us in the future, but now/here..:nuts:. it's just confusing..

We are still in the processes of getting it (Silverene) completed.

Congratulation Jeetha for the new home ;)

Just passed by Silverene, Tower A marina facing windows still remain unwashed!!! Not sure about the other sides of the building. Absolately filthy, never being washed since handower...

I saw this morning the BMU of Tower A was moving , maybe they already started..

Congratulation Jeetha for the new home ;)

Thank you Bizzy. :banana:

I saw this morning the BMU of Tower A was moving , maybe they already started..

About time :)

Sorry as I know this was touched on before but I didn't seem to get the solution...

I just moved in and am having trouble getting my Zanussi hob to work. Do I need to adjust the timer or have someone fix it?

Thanks!

--

^^ Remo is talking about another building (Dora Bay or Jewels). Really don't understand why he is posting it here.

Could be help to us in the future, but now/here..:nuts:. it's just confusing..

We are still in the processes of getting it (Silverene) completed.
Apologies to all...was replying to True Blue

sorry guys but i am in the dark here,so as Ramo says,cayan management are going to be replaced and was there meetings held with rera to get to this decision
Apologies to all...was replying to True Blue

Storage, good size , you can sleep there also if you want to save money:)

https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/424861_10151294298605648_741515647_23081683_815341123_n.jpg

https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/399872_10151294328400648_741515647_23081885_1712427993_n.jpg

https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/426850_10151294327170648_741515647_23081874_641814079_n.jpg

Thanks, Imre. Really nice.

Storage, good size , you can sleep there also if you want to save money:)

https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/424861_10151294298605648_741515647_23081683_815341123_n.jpg

https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/399872_10151294328400648_741515647_23081885_1712427993_n.jpg

https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/426850_10151294327170648_741515647_23081874_641814079_n.jpg

Be careful about coming to rely on this storage solution. after 2 years in the Residences the charge for the storage locker same as this one was suddenly increased by 500%. we decided that most of what we had there we didn't really need after all and gave it up. glancing in the locker room a year later confirmed that most others had done the same, although to be fair no more than 25% of the lockers were ever used.

Sorry as I know this was touched on before but I didn't seem to get the solution...

I just moved in and am having trouble getting my Zanussi hob to work. Do I need to adjust the timer or have someone fix it?

Thanks!

The solution here is in your cookware.
The induction Zanussi hobs work by heating the cookware but not the cooking surface. The heat from the cookware is transferred to the food.
Pans suitable for this type of hob must be made from magnetisable metal such as cast iron or steel.
Pure aluminium or copper pans will not work with this type of hob unless the base is bonded with a magnetic metal.

Use pans that perform well with Induction hobs and your problem would be solved.

Be careful about coming to rely on this storage solution. after 2 years in the Residences the charge for the storage locker same as this one was suddenly increased by 500%. we decided that most of what we had there we didn't really need after all and gave it up. glancing in the locker room a year later confirmed that most others had done the same, although to be fair no more than 25% of the lockers were ever used.

I don't think there is a charge for these lockers. As far as I know they were a free inducement for people who paid in advance.

Storage, good size , you can sleep there also if you want to save money:)

I personally would have preferred concrete walls separating the storage spaces. No privacy with this fencing system and anyone walking pass can see and have access to your stuff by cutting the fence.
Space is worth 25000AED :ohno:. I expected better.

I personally would have preferred concrete walls separating the storage spaces. No privacy with this fencing system and anyone walking pass can see and have access to your stuff by cutting the fence.
Space is worth 25000AED :ohno:. I expected better.

It would not be practical. the space would need its own dedicated ventilation and light source. That leads to the problem of where the energy supply comes from and how is it metered/ charged. This is really the only practical solution which I am sure will be monitored by the security cameras. There are ways of keeping things out of sight with storage boxes or heavy duty covers etc.

I would only use it for those awkward items like the box for your plasma tv or your hifi etc so you have them when you need to move them. Maybe also couple of sets of golf clubs, surf board, mountain bike and blow up doll. nothing too unusual :)

we were always accompanied to locker room by a security guard and the room was kept securely locked at all times

we were always accompanied to locker room by a security guard and the room was kept securely locked at all times

I saw today 12 storage rooms (1-12) in basement 2 , owner got one main door key , owner/tenant can lock their part with padlock.

I think you can go there direct, no need the security for it ..

they look like dog kennels

i cant see the point as everyone will see what is stored

pointless storage to be honest

as Imre said

when you get thrown out,by the missus,you could sleep there..haha

They are handy really.

I was approached to let mine out for 5000 dhs per year.

they look like dog kennels

i cant see the point as everyone will see what is stored

pointless storage to be honest

They are handy really.

I was approached to let mine out for 5000 dhs per year.

:lol:

My garage is full of stuff I wouldn't want in my house. I wish I had a storage unit included with my flats for those things you want to hang onto but don't want lying around all the time.

The storage units in Silverene are just the job. They are well ventilated which is what is needed and you woulnt be keeping your gold jewellery down there in any case. Great for storing stuff you don't; use all the time, and worthless to anyone else.Crikey people even moan when something is free....

^^
Ceratinly, such storage spaces are handy to store stuff you really wouldnt want/need in the apartment, and at the same time wouldnt like to throw away.
They are not free but were offered for free to owners who paid their final 30% over a year ago. I did enquire last year October-ish on getting one, and was quoted a purchase price of 25000AED.

^^
Ceratinly, such storage spaces are handy to store stuff you really wouldnt want/need in the apartment, and at the same time wouldnt like to throw away.
They are not free but were offered for free to owners who paid their final 30% over a year ago. I did enquire last year October-ish on getting one, and was quoted a purchase price of 25000AED.

25,000 seems quite reasonable if you can really get 5,000 per year for it.

They are handy really.

I was approached to let mine out for 5000 dhs per year.

I have one if someone interested in, 5000 dhs is realistic?

H5HfiMwk2qY

folks

I am selling my studio if you know anyone that is interested,its 1708B,i bought for 650k,i would let it go for 610k now if i got a quick sale,

you can contact me on this forum or

lanemeist@gmail.com

thanks

Just visited Silverene. Apts look pretty fine. Storage space in the basement is ample and clearly very useful. Palma said they could get 5K for it but I offered it to my tenant for a lesser price if they wanted it or else my friend-cum-agent would let it out for 5K.

There is still minor work to be done in the lobby. Pool is fine. The neon lights are there in the side sash but, for some reason, they are not always on. There will now be 2 gyms in the two buildings (as per original plan) as the authorities want new plans and application for permission to build a single, larger, gym. The fee is also 180K. While that negotiation goes on, the idea, I am told, is to go for 2 gyms as originally planned. They should be up and running in about 6 weeks' time.

As for shops, Carrefour has taken 8000 sq ft. I think (yes, just think, for now) Starbucks and Tim Horton too may take up space.

I hear the resales are brisk. A two-bed (X06 in tower A, with a nice marina view across the bridge) has just been agreed for sale at 1300 per sq ft.

With the first phase of the Tram scheduled for next year (?) between JLT and Knowledge city, things are looking bright for marina / silverene. The FT and City AM too speak of money flowing into UAE again. That said, all bets may be off if the Iran crisis worsens. Hope that does not come to pass.

^^ Thanks Rags.

Good knowledgeable post ... as ever :banana:

First phase of the Tram is not scheduled to open until 2014. I'm sure I read it in an official press release. If it is anything like the Edinburgh Tram it could be 2017. Fortunately for Silverene there is no tram works outside your door. The tram works on the island side are causing a disgraceful mess and disruption.

You are right. It is Nov 2014 for the first phase. Here is an animation:
http://dubaimetro.eu/video/10047/al-sufouh-tram-animation

Oh, by the way, the reception in Silverene is also getting spruced up. Hopefully, it will look much better in a few weeks' time.

What a foolish post!!!! :bash:

These units can be perfect for regular visitors to Dubai. The cages are great as the room can then benefit from communal air con and lighting. I have used cheap wardrobes and chest of draws. Saves carting luggage around the world. Best "free storage unit" I have ever bought!!! :banana:

they look like dog kennels

i cant see the point as everyone will see what is stored

pointless storage to be honest

It is isn't it. Very foolish. mlane is talking crap...I've got one and it is great.

guys,humour
of course they are great for storing things

Just returned from Dubai and I can't believe (in my opinion of course) that you owners can be happy with those lights that change colour. Silverene is a great looking building, one of the best in the marina and those lights make it look cheap. They would be better if they just stayed on perhaps in white but it looks like something from Blackpool promenade at the moment:ohno:

^^They're addressable LED's ie. they can pretty much do whatever you can imagine. I think what you saw was a question of taste/ design rather than selection of light fitting. Perhaps they were testing the system.

Just returned from Dubai and I can't believe (in my opinion of course) that you owners can be happy with those lights that change colour. Silverene is a great looking building, one of the best in the marina and those lights make it look cheap. They would be better if they just stayed on perhaps in white but it looks like something from Blackpool promenade at the moment:ohno:

........you mean some of the owners...

Just returned from Dubai and I can't believe (in my opinion of course) that you owners can be happy with those lights that change colour. Silverene is a great looking building, one of the best in the marina and those lights make it look cheap. They would be better if they just stayed on perhaps in white but it looks like something from Blackpool promenade at the moment:ohno:

These lights .. thanks to one of the many excellent photos from DesertDiver. Surely not!
Personally, what matters is this => Silverene is a great looking building, one of the best in the marina .

http://www.ablazewithlight.com/cityscapes_dubai_DSC_9113_sRGB_y.jpg

I had a contact with my tenants some days ago.
They told me they were very happy with Silverene. For some minor technical issues they had, they contacted Michael who was very eager to help them and shorted all out.
BTW, someone was insisting that a tenant is not entitled to address the building's maintenance directly and that is only for the owner to do. This is wrong. From Cayan's Custmer Service I was instructed on exactly the oosite, that is to tell my tenants to address directly Michael for any issue they had with my unit.
I also told tenants in both my units that I am ofering them the use of the two allocated storages for free, for the remaining of this first rental year and they both seemed happy about that.
Now I just hope that Cayan will not waste a mach longer time to finish all remaninig works in the building. Is there any update on works under way ?

Not sure if everyone is aware of this but there is STILL no water supply to Silverene from DEWA. 2 to 3 times a day, a Blue Water tanker pulls up outside the car park entrance and fills up the tanks. This also explains why they are not cleaning the windows - the supply is limited.

How do I know this? When my tenant moved in a few weeks ago, I went to DEWA to get my final bill and they informed me that there did not seem to be a water meter connected to my unit, only electricity. I went back to Silverene to have a look and inspected the meter cupboard on my floor - all the pipes were there but no meters. I checked other floors and found the same. I was just looking at the Ground Floor when an Arabtec guy asked me what I was doing. When I told him, he said there were no meters yet in any part of the building as Cayan had not completed the negotiations.
That was about 7 weeks ago and I am looking out of my window from a neighbouring building right now, watching yet another blue tanker making its delivery. TB - any view or news on this?

Its strange, when I closed the DEWA for my client I didnt have any problems there , already got back the deposit.

I seen tankers just next to car park entrance but I thought its a draniage from the retail area/basement..

I didn't have a problem closing off the old DEWA account once we established there was no bill due for water.

The tankers clearly say ''Potable water" on the side so it's not drainage

Not sure if everyone is aware of this but there is STILL no water supply to Silverene from DEWA. 2 to 3 times a day, a Blue Water tanker pulls up outside the car park entrance and fills up the tanks. This also explains why they are not cleaning the windows - the supply is limited.

How do I know this? When my tenant moved in a few weeks ago, I went to DEWA to get my final bill and they informed me that there did not seem to be a water meter connected to my unit, only electricity. I went back to Silverene to have a look and inspected the meter cupboard on my floor - all the pipes were there but no meters. I checked other floors and found the same. I was just looking at the Ground Floor when an Arabtec guy asked me what I was doing. When I told him, he said there were no meters yet in any part of the building as Cayan had not completed the negotiations.
That was about 7 weeks ago and I am looking out of my window from a neighbouring building right now, watching yet another blue tanker making its delivery. TB - any view or news on this?


Doesn't make sense to me. Electricity connected presumably so why not connect the water and start the revenue stream? What does the DEWA bills show, is there a charge for water usage?

Its seems right, DEWA bill from a 3 BR , as I arranged them the deep cleaning there were water usage but the bill is zero:)

Strange..

http://i44.tinypic.com/syuh78.jpg

My bill was exactly the same as your Imre - no usage and no charge, even though we had used water. It's the same with a second unit I helped a friend of mine let out.

Well then who is paying for all these water deliveries? Cayan? this will be passed on to the tenants for sure..

Well then who is paying for all these water deliveries? Cayan? this will be passed on to the tenants for sure..

Developer are paying, tenants/owners wont charge, I spoke with somebody today they had the same issue in Bur Dubai , used the water for 6 months for free the building owner paid the water tankers , probably DEWA asked water connection fee/or similar and still hasnt paid yet or need some other approval thats why the water meters still missing..

This project has come out very well. The whole package.

Went today and saw the them do a few final touches with the lobby front desk. Looks great now.

Photos please.

If there is anyone looking to sell a 1 or possibly 2 bed here Pm me.

Anyone selling 1 bed, type 03 or 04 in Tower B?

Please PM me (Thanks)

Anyone selling 1 bed, type 03 or 04 in Tower B?

Please PM me (Thanks)

http://www.propertyfinder.ae/en/buy/dubai/1-bedroom-properties-for-sale-dubai-marina-silverene-tower-b.html?t/9/v/222

This project has come out very well. The whole package.

Went today and saw the them do a few final touches with the lobby front desk. Looks great now.

The bad news is... Gym is still not done. :bash:

WE WANT A GYM:gaah:

^^ Maybe this tower should be moved out of the completed thread until it is completed.

Why is Cayan wasting so much time on designing a gym, what is there to design in a gym, just put a treadmill here and one there.
a few dumbbells in front of mirror....DONE

After all this time :nuts: it better be worth the wait.

One positive news for Silverene :banana: Carrefour is opening on 15th April.

do you have any update regarding the storage?

What about the storage??? I have had mine for a while. Rounded off my purchases to perfection!! :cheers:

do you have any update regarding the storage?

One positive news for Silverene :banana: Carrefour is opening on 15th April.

Jeetha's, any idea what size the Carrefour will be? Will it be one of those smaller Express shops?

did cayan hand over your storage? I am still waiting for mine..

Jeetha's, any idea what size the Carrefour will be? Will it be one of those smaller Express shops?

A Carrefour Express is sufficient for the marina, and the available space would suggest this. From what i saw back in Jan, the size is the ground floor on the marina front opp the Dubai ferry stop.

Carrefour will occupy 8000 sq ft.

^^Let's hope they have metered a/c!

^^Let's hope they have metered a/c!
There should be a division of the common areas anyway: The commercial one and the residential one. Carrefour will be part of the commercial one, so metered a/c or not, it won't impact the residential maintenance fees.

Is there a chance to see some pictures of the lobby area or other parts of Silverene where there has been some progress ?

Hi all. If any of you are living here I would be obliged for some photos of the common areas and the pool etc. Also what are the service charges here? Thanks in advance.

Hi all. If any of you are living here I would be obliged for some photos of the common areas and the pool etc. Also what are the service charges here? Thanks in advance.

will be there tomorrow, so might take some with the iphone.

service charges are around 15 AED psqft

05-apr

http://i900.photobucket.com/albums/ac210/PrincessTower/xIMG_5387.jpg


http://i900.photobucket.com/albums/ac210/PrincessTower/xIMG_5394.jpg

...sun is almost gone. this was half past five in the afternoon.

Looking good. Thanks PT.

I don't think this is finished, that big wall is just crying out for something! Perhaps a large porcelain artwork or metal and glass figure!

Anyway, did anyone notice the reception desk is an Homage to the structure? :)

http://i900.photobucket.com/albums/ac210/PrincessTower/xIMG_5387.jpg

Different angle.. Receptions still unfinished... Needs some pictures, more furniture, etc..

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

Nice desk though :)

.....also a nice desk (Timeplace-Tower) :-)

http://i43.tinypic.com/34ovxae.jpg

^^It makes sense to ensure that the entrance reception area is as nice as it can be for securing the future interest in the building. I have just no idea what they are going to do with BC to make it look anything decent, such a real shame.

Carrefour supermarket opens tomorrow... Tenants in Tower B can go into the store directly from the lifts at level B1... Looking very good... Next door fitters are working full stem to open Laundry and dry cleaning shop and next to it will be Chemist... All easy access from B1 level at Tower B.... Things are coming to shape...

http://i42.tinypic.com/sy2nwz.jpg

... All easy access from B1 level at Tower B.... Things are coming to shape...


Will that extra convenience cause the B tower to have a slight edge over tower A, or will it not make a difference?

^^No!.... it will not.

Did it open today? I was given 15/4 (Sunday) as their opening date.

Does anyone know what is the status of Emaar's office tower behind Silverene?
Is it operating or not yet?

^^Yes! it's open. Not sure who is occupying though. But did see somewhere that SELECT have moved there too.

^^No!.... it will not.

Did it open today? I was given 15/4 (Sunday) as their opening date.

Carrefour opened a few days ago, I believe it was on the 12th. Looks really nice and sooo convenient for all the residents. Opening hours are between 08:00 to 01:00. A small bonus is the ATM machine, which will be operating from next week.

And it looks like the pharmacy and laundry service will open soon, but I don't know any dates.

More sunbeds has been delivered to the pool area. It was needed since all the beds was occupied all the time. I think they delivered around 20 sunbeds.

Silverene is coming together very nicely! :-)

Carrefour opened a few days ago, I believe it was on the 12th. Looks really nice and sooo convenient for all the residents. Opening hours are between 08:00 to 01:00. A small bonus is the ATM machine, which will be operating from next week.

And it looks like the pharmacy and laundry service will open soon, but I don't know any dates.

More sunbeds has been delivered to the pool area. It was needed since all the beds was occupied all the time. I think they delivered around 20 sunbeds.

Silverene is coming together very nicely! :-)

Wow! opening times from 08:00 to 01:00. Don't have to fill shopping trolley any longer. Just buy as needed :banana: that is good news indeed SweLin. Thanks.

Any luck with gym?

Any news about the water connection from DEWA ?

I got 2 bills last week and still no water consumption so tenants/owners still enjoy the free water :)

I need to rent out one of my apartments. How is Paloma performing these days? Is the Better Homes agency still one of the best?

Any recomendations?

rgds

....meant Palma Estate Agents, not Paloma...

....meant Palma Estate Agents, not Paloma...

BM, you should be fine with either or both. Palma use a number of agents, and BH have a huge database and a significant presence. What type of unit do you own?

I rented out two units, one with each one of the two agents you mention.
Both were great in their services.

At Palma, I dealt with Sasha Ilieva and at BH with Martina Plumley and I recommend both without hesitation.

Both agencies have similar fees for foreign owners (draft the contract, tenant's check in - out, supervising the contract's realisation, collection of rent and wiring it to the landlord).

Palma's policy was to ask for an additional 2000 AED petty cash, which I did not accept, as Silverene is still for one year under the developer's liability. Finally the accepted to delete this additional charge.

Another difference is that Palma gets the cheques under their own name, brinbging them to the bank on the date set for payment. On the contrary, BH keep the cheques under the landlord's name. I don"t know how significant that is. I guess, typically speaking, the way Palma does it, they could liquidate one cheque without sending the rent to the landlord.

^^It's illegal to have the cheques made out in the agents name unless there is a management agreement in place. Palma would also need to have a property management licence, which I doubt they have! I have heard of them deducting high charges and building maintenance charges before remitting the difference. I would never allow them to have the cheques in their name or to hold the security deposit, just be careful with Palma. Nice people but protect yourself.

BM, you should be fine with either or both. Palma use a number of agents, and BH have a huge database and a significant presence. What type of unit do you own?

At the moment I just have one unit available. It is a mid floor tower B one bedroom type B, direct Marina views...

Hi all
I'm looking to buy a 1 bed marina view. If anyone is looking to sell PM me.
Thanks.

Hi, TB, could you confirm if a/c usage is paid by the Tenant as a general rule in the Marina Apts.
Thks pelemiller

Only if the a/c used by the tenant can be determined. So if the apartment has a meter then fine. I have done it without a meter where the maintenance bill showed both apartment consumption and common areas consumption. The secret is to be clear up front about who will pay and don't try and ambush your tenant after signing the tenancy.

Hi all
I'm looking to buy a 1 bed marina view. If anyone is looking to sell PM me.
Thanks. what development??????

what development??????

Silverene. Either tower.

http://www.ameinfo.com/carrefour-market-supermarket-dubai-marina-297871

Residents living in Marina Silverine and the surrounding areas close to Marina Mall, Dubai Marina are now able to shop a little closer to home with the opening of the latest Carrefour Market supermarket in the UAE.
Carrefour, the world's second largest retailer, operated in the region through a joint venture with Majid Al Futtaim Group, recently opened the store at Marina Silverine near the Dubai Marina Mall.

if you want to rent out your parking place at silverene what will be the price around for 1 year anyone any idea

What is going on with the gym?
It's been quite long since when it was supposed to be ready.

And one more question.
Has anyone received the tittle deed for his / her apartment?
If I remember well, I was told by Cayan that it would be issued within 2-3 months from hand over.

What is going on with the gym?
It's been quite long since when it was supposed to be ready.

Joyce's email reply, sent to me on^^ gym question Monday 30/4

Six weeks more. We have ordered the materials and awaiting for the delivery.

Does any one have stats comparing type of apartment (no of bedrooms) vs ROI as rentals?

Generally, smaller units cost more psft to buy and relatively yield better ROI?

I heard Silverene is doing very well on the rental side apart from the 1 beds without the balconies. Building is in high demand, well done folks!

And for those who missed it on the Dubai Marina thread;

http://i50.tinypic.com/289wgao.jpg

^^
Star-wars like lightsaber beam is looking great. The force is strong with Silverene :).

As a victim of Select I lived at the Point for two years. I have lived at Silverene since November.
I not only love the building lights but find it an interesting thought that they are giving a huge Vee sign to Bay Central on one side and West Avenue on the other. Perhaps TB can tell us how to make them flash.


No disrespect intended here to buyers at BC or WA, you are Select victims too and know all about broken promises regarding quality, delivery etc. I also guess you will be forced to sign an adendum which takes away even more of your rights.
There is life after Select, and there are quality buildings and good developers in Dubai.I am very happy with Silverene, Cayan and Arabtec.

Do us a favour J39 .. Please post a photo of the Silverene taken from the Dubai Marina Ferry stop/station showing the marina side entrance into Silverene. I would like to get an idea on how this looks after Carrefour moved in. Cheers

I think Select's Botanica tower is a better development.

I think Select's Botanica tower is a better development.

^^:nuts:

Anyone having to sell their Botanica unit might be crindging reading that............keep taking the medication Steve :lol:

I think Select's Botanica tower is a better development.

You and all other Select employees are entitled to their own opinions.

Do us a favour J39 .. Please post a photo of the Silverene taken from the Dubai Marina Ferry stop/station showing the marina side entrance into Silverene. I would like to get an idea on how this looks after Carrefour moved in. Cheers

As requested.
Carrefour sells different products to Waitrose, we are using both. Really handy to just pop down to B1 then straight into Carrefour.

http://www.freeimagehosting.net/t/e1ltn.jpg (http://www.freeimagehosting.net/e1ltn)

^^

Thanks for that. Much appreciated. An excellent addition to the towers. Now looking forward to the fitness center. :cheers:

Personally, very happy with my Silverene investment and based on the photos I have seen agree that Botanica is also up to the mark. Overall, glad SELECT delivered on a "5*" promise to their investors that kinda matches the prices they paid for it a few years back.

I am selling my studio if you know anyone that is interested,its 1708B,i bought for 650k,i would let it go for 610k now

Any luck with this yet? Are you still in negative equity?

^^
This is someone whose position has changed and would like to make a quick sale hence the price reduction.

If u regard the 40000AED ( ~£6700) price reduction as negative equity, then u need your head examined. This could easily be regained with the currency trading.

With the current market value of Botanica and BC, the negative equity in these development would easily amount to thr 400000 -600000AED range.
So please bury it :ohno:

That is 6.15% negative equity and still not sold at that price? :dunno:

I believe mlane was trying to sell this for over 1 year now with no luck. Not much demand for studios in Silverene it seems.

As True Blue says, the 1 beds without balconies are also struggling to rent here.

That is 6.15% negative equity and still not sold at that price? :dunno:

I believe mlane was trying to sell this for over 1 year now with no luck. Not much demand for studios in Silverene it seems.

As True Blue says, the 1 beds without balconies are also struggling to rent here.

You take one isolated example and make disingenious statements. Regarding the 1 beds, they are just not getting the same "premium rate" as the other units. Silverene 3 beds are apparently earning the best returns of 3 beds in the marina.

Not sure what Mlane's problem is, whether he has a decent view or not. Or whether he is doing it himself or using an agent. Plenty of buyers out there looking for bargains.

It is obvious that you are trying to make a point Steve, but you have to take the general view and not look for isolated data in your usual effort to skew the truth. Silverene has held up well in a recovering market. Most sellers will get out without any pain if they need to sell. Plenty of sales have gone through at a premium in Silverene, particularly front corner marina views. Compare that to Bay Central or Botanica where no one can get out today without taking a massive hit!

Maybe you should come to Dubai and see Silverene, Bay Central and Botanica for yourself.

Any luck with this yet? Are you still in negative equity?

I believe it has been sold. I have to disagree with you steve there is plenty of demand for studio's in this building. Give me a seller and I'll sell it tomorrow...... No genuine sellers out there.

We do fantastically well with the two apartments I have in this building on short term rental.
We are only in May and already we have 42% occupancy for this year in one and 38% in the second one.
Our guests love the building the faculties and the location....And still another 7 months to go, its going to be a cracking year...

We do fantastically well with the two apartments I have in this building on short term rental.
We are only in May and already we have 42% occupancy for this year in one and 38% in the second one.
Our guests love the building the faculties and the location....And still another 7 months to go, its going to be a cracking year...

Property Magnet - what short term company to use ? I have 2 apartments in the Marina and I am interested

We do fantastically well with the two apartments I have in this building on short term rental.
We are only in May and already we have 42% occupancy for this year in one and 38% in the second one.
Our guests love the building the faculties and the location....And still another 7 months to go, its going to be a cracking year...

Why are your rates for Torch, more then 20% lower, compare to other 2 beds.

I think Select's Botanica tower is a better development.

:lol: you're funny.

Property Magnet - what short term company to use ? I have 2 apartments in the Marina and I am interested

Its my own company, I have a worldwide property rental and interior design business, i can send you details

Its my own company, I have a worldwide property rental and interior design business, i can send you details

Hi - please PM details :-)

Why are your rates for Torch, more then 20% lower, compare to other 2 beds.


YOu might want to get yourself a new calculator Jeetha, £171.00 a night against £150.00 a night is only 12 % :)


Its quite simply really, The Torch isn't in as good location, its further from the Metro, and the kitchen and bathrooms are nowhere near the same spec as Silverene. So hence that would naturally result in less demand, which would result in a lower rental price to rent it out. Common sense really, but even with the lower price per night than my more high end properties, it still results in a net income that knocks spots off the long term.
Obviously now we are going into the slow season, due to the extreme temperature's, we will see a slow down, but since Silverene was handed over in November until the end of April we have only had a handful of empty nights.My owners are over the moon, and that's all that matters.

YOu might want to get yourself a new calculator Jeetha, £171.00 a night against £150.00 a night is only 12 % :)



Didn't use calculator... brain little rusty. I was looking at May 01, 2012 - Jul 31, 2012

£120.00 against £141.00

17.5 % then.

The Torch isn't in as good location, its further from the Metro, and the kitchen and bathrooms are nowhere near the same spec as Silverene. So hence that would naturally result in less demand, which would result in a lower rental price to rent it out.


Thanks for explaining. I already knew but this was for joker DS.

Didn't use calculator... brain little rusty. I was looking at May 01, 2012 - Jul 31, 2012

£120.00 against £141.00

17.5 % then.


Ah I see, well I thought it was only fair to take the figure from High Season, which is when the apartments are full and covers a good seven months of the year, rather than select from the smallest season which is the summer months in Dubai.As this would be a better reflection

Thanks for explaining. I already knew but this was for joker DS.

I knew exactly where you were going with it :)

[QUOTE=propertymagnet;.My owners are over the moon, and that's all that matters.[/QUOTE]

Good show, Karen. I know you are a driven girl. Cheers.

Good show, Karen. I know you are a driven girl. Cheers.

Why thank you kind Sir.....

We do fantastically well with the two apartments I have in this building on short term rental.
We are only in May and already we have 42% occupancy for this year in one and 38% in the second one.
Our guests love the building the faculties and the location....And still another 7 months to go, its going to be a cracking year...

Are you aware that it is illegal to short term let in a residential tower?
The authorities are going to be coming down very heavy on the short term let problem that we are having in Dubai.
Big fines and property confiscations....

Interesting true .. but without a license. Question is what is involved in getting such a license

http://www.emirates247.com/property/short-term-leasing-of-apartments-without-licence-illegal-2012-02-01-1.440630

Are you aware that it is illegal to short term let in a residential tower?
The authorities are going to be coming down very heavy on the short term let problem that we are having in Dubai.
Big fines and property confiscations....

Would you like to point to the link on the RERA website that backs up your statement?

Interesting true .. but without a license. Question is what is involved in getting such a license

http://www.emirates247.com/property/short-term-leasing-of-apartments-without-licence-illegal-2012-02-01-1.440630


The write up is about short term lets in The Burj Khalifa which could cause a security risk, I would imagine.

Just to comment on the last part of the article which reads

“DTCM enjoys good standards to regulate short-term rentals services, and as long as the business owner fulfills those standards, it becomes part of Dubai’s offering.”



So short term rentals is here to stay guys, providing of course that the properties are maintained to the highest of standards............
What they don't want is for guests to show up at poorly maintained properties 'giving Dubai a bad name', so every property has to be vetted ....
and rightly so too!

Anyone, any news about our title deeds ? Shouldn't they be ready by now ?

Does anybody know what happens to title deeds if the properties are mortgaged?

The write up is about short term lets in The Burj Khalifa which could cause a security risk, I would imagine.

Just to comment on the last part of the article which reads

“DTCM enjoys good standards to regulate short-term rentals services, and as long as the business owner fulfills those standards, it becomes part of Dubai’s offering.”

So short term rentals is here to stay guys, providing of course that the properties are maintained to the highest of standards............
What they don't want is for guests to show up at poorly maintained properties 'giving Dubai a bad name', so every property has to be vetted ....
and rightly so too!

There is also an article I read about not being able to short let properties that are on the same floor as long term leases.
I will search for this article and post it....

This may help...
quote:
DUBAI Residents of the high-end The Palm Jumeirah have been warned by the Department of Economic Development against any short-term rental activity, XPRESS has learnt.
A notice from the Economic Department put up in a Shoreline building said: "It is not allowed to rent residential units on short-term lease since this activity is solely restricted to hotel apartment companies. In case of non-compliance the Department of Economic Development will take the necessary legal action against the violators. For complaints and suggestions call "Ahlan Dubai" on 600545555."
The move by the Economic Department comes in line with existing laws that allow only companies in the business of hotel apartments to deal in short-term rentals in designated buildings.
Craig Plumb, Head of Research, MENA, Jones Lang LaSalle, said, "Any rental tenure less than one year in Dubai is considered a short-term rental contract."
Commenting on the issue, a board member of Golden Mile in Palm Jumeirah, said: "Short-term let has never been allowed in our buildings and the association board will not tolerate such activity in our buildings. The laws of Dubai have always been very clear on this issue - it is a business practice that requires a specific trade licence which can only be applied to appropriate areas or buildings that are designed for tourists. Allowing short-term let within developments that are zoned as residential is disruptive to the established community and can particularly impact on recreational areas."

I think you might find BM that the whole short term tenancy falls under the RERA and EJARI umbrella , nobody else deals with it, least of all the Department of Trade and Tourism , or The Department of Economic Development (they will verify that if you call them) Perfectly legal for you to rent out your property on a short term basis if you are the owner of the property , you might want to speak to them.If it was something I was considering I would make sure that I got it from the horse's mouth so too speak , as opposed to reading newspaper articles', which is nothing but a lot of tosh in most instances, and such a shame because there could be possible other owners out there wanting to go down this route, and are put off by newspaper articles that have no substance. Anyone reading this and contemplating short term rentals ,get onto the RERA and EJARI website's and see for yourself, and don't be put off by scaremongering.....
Get the facts not the tosh.

I don't think it does! Short term rentals "monthly rentals" have to be managed by a licensed company like Better Homes for example. What you are doing is not classified as short term tenancy, it is holiday letts (let by the night rather than weeks or months).

'ALL' Business activities in Dubai require a license. Depending on the type of activity there may also be a hefty bond. Generally property related businesses have high bonds and short term holiday letting is in direct competition with heavily bonded and "taxed" hotels. Everything you pay for in a hotel is taxed at 20% so expect the authorities to clamp down on unlicensed, un bonded, and tax evasive activities.

PM you have to be careful that you don't fall fowl of the authorities, especially if there is an incident.

I think you might find BM that the whole short term tenancy falls under the RERA and EJARI umbrella , nobody else deals with it, least of all the Department of Trade and Tourism , or The Department of Economic Development (they will verify that if you call them) Perfectly legal for you to rent out your property on a short term basis if you are the owner of the property , you might want to speak to them.If it was something I was considering I would make sure that I got it from the horse's mouth so too speak , as opposed to reading newspaper articles', which is nothing but a lot of tosh in most instances, and such a shame because there could be possible other owners out there wanting to go down this route, and are put off by newspaper articles that have no substance. Anyone reading this and contemplating short term rentals ,get onto the RERA and EJARI website's and see for yourself, and don't be put off by scaremongering.....
Get the facts not the tosh.

I don't think this is true. It appears that a short-term leasing is considered as a commercial activity and as such should be a properly licensed. If this is correct than Rera has nothing to do with issuing license to do commercial activity this has to do with Dubai’s Department of Economic Development. The question is whether only the Agent selling these apartments on a short lease needs to be licensed or each apartment owner involved in short term leasing, individually has to be licensed.. Selling apartment on daily rates basis may be considered as a direct competition to hotels who are properly licensed and pay 10% service fees and 10% tax to the government... If I am to ever be involved in short term lets I would carefully check the law before doing anything.

I don't think this is true. It appears that a short-term leasing is considered as a commercial activity and as such should be a properly licensed. If this is correct than Rera has nothing to do with issuing license to do commercial activity this has to do with Dubai’s Department of Economic Development. The question is whether only the Agent selling these apartments on a short lease needs to be licensed or each apartment owner involved in short term leasing, individually has to be licensed.. Selling apartment on daily rates basis may be considered as a direct competition to hotels who are properly licensed and pay 10% service fees and 10% tax to the government... If I am to ever be involved in short term lets I would carefully check the law before doing anything.

Good idea....More regulation needs to be brought in, as the whole damn thing is a mess. In Florida for instance we have to pay 13% sales tax and tourist development tax, on all our rentals. They need to apply this strategy to Dubai as well, but I expect like everything in Dubai it will take for ever.
But until the implement these things what can one do? The Dubai government are missing a huge opportunity here, with about 6000 holiday properties already in the pool, and growing on a daily basis they have a long hard task ahead of them Personally I think the properties should be vetted and 'passed'
as suitable for rental, which is what we have to do in the US, because some properties are just absolutely disgusting in Dubai , through lack of investment from the owner and bad management.Coupled with owners that don't pay there service charges, and then guests/tenants are left without services, it is absolutely appalling.

I don't think it does! Short term rentals "monthly rentals" have to be managed by a licensed company like Better Homes for example. What you are doing is not classified as short term tenancy, it is holiday letts (let by the night rather than weeks or months).

'ALL' Business activities in Dubai require a license. Depending on the type of activity there may also be a hefty bond. Generally property related businesses have high bonds and short term holiday letting is in direct competition with heavily bonded and "taxed" hotels. Everything you pay for in a hotel is taxed at 20% so expect the authorities to clamp down on unlicensed, un bonded, and tax evasive activities.

PM you have to be careful that you don't fall fowl of the authorities, especially if there is an incident.



Completely agree, I have huge problems with tax evaders, having once worked for the Inland Revenue and my ex husband being an inspector you wouldn't believe what goes on...
Some people even stupid enough to not even have a clear paper trail from there existing employment/business to there purchase of property overseas. Heaven forbid! And its so damn easy to find out.......
In this day and age everything needs to be transparent, and when you have a website advertising your services, with prices etc etc and its clear what you do, and someone people are even stupid enough to think that they won't get found out....it beggars belief it really does........

You mentioned accident ? isn't that what public liability insurance is for?
Again anyone not having adequate insurances to cover them for any eventuality shouldn't be trading in my opinion.

Good idea....More regulation needs to be brought in, as the whole damn thing is a mess. In Florida for instance we have to pay 13% sales tax and tourist development tax, on all our rentals. They need to apply this strategy to Dubai as well, but I expect like everything in Dubai it will take for ever.
But until the implement these things what can one do? The Dubai government are missing a huge opportunity here, with about 6000 holiday properties already in the pool, and growing on a daily basis they have a long hard task ahead of them Personally I think the properties should be vetted and 'passed'
as suitable for rental, which is what we have to do in the US, because some properties are just absolutely disgusting in Dubai , through lack of investment from the owner and bad management.Coupled with owners that don't pay there service charges, and then guests/tenants are left without services, it is absolutely appalling.

PM it is not a matter of being a good idea, in this instance regulation already exists.. If you run business in UAE you have to have registered company and you have to be licensed.. As TB mentioned you also have to be insured. This is very important.. You have all kinds of people coming in and out of the apartments on daily/weekly basis..

PM it is not a matter of being a good idea, in this instance regulation already exists.. If you run business in UAE you have to have registered company and you have to be licensed.. As TB mentioned you also have to be insured. This is very important.. You have all kinds of people coming in and out of the apartments on daily/weekly basis..

Yes I understand that an except that. thanks.....

Completely agree, I have huge problems with tax evaders, having once worked for the Inland Revenue and my ex husband being an inspector you wouldn't believe what goes on...
Some people even stupid enough to not even have a clear paper trail from there existing employment/business to there purchase of property overseas. Heaven forbid! And its so damn easy to find out.......
In this day and age everything needs to be transparent, and when you have a website advertising your services, with prices etc etc and its clear what you do, and someone people are even stupid enough to think that they won't get found out....it beggars belief it really does........

You mentioned accident ? isn't that what public liability insurance is for?
Again anyone not having adequate insurances to cover them for any eventuality shouldn't be trading in my opinion.

It's all very well completely agreeing, but unless you have a license there is no way of regulating the company. Unregulated companies can do as they please and will very often claim to comply with everything but unless they can quote their license number then they are effectively rogue traders.

The reason you need to pay a bond is to protect your creditors. Without a bond in place there is a real risk that money used to forward purchase, could be spent before the customer receives the service. All Limited Liability companies need to make a bond matched to the potential scale of creditors losses.

Your comments about tax evasion and paper trails are irrelevant. How much revenue has Dubai Municipality, DED or other authorities received as a direct result of your business sucess? As far as I know you would not be able to register this type of trade as a Free Zone company. Better to get proper advice on your type of activity than go out there on a limb.

PM, please realise these are not criticisms of your business model, merely friendly advice to help you keep on the right side of the rules before you get into deep water.

PM, please realise these are not criticisms of your business model, merely friendly advice to help you keep on the right side of the rules before you get into deep water.[/QUOTE]


Thanks TB really appreciate your input .

Looking for a 1 bed in silverene -Must be marina facing.

PM me - owners only- cash deal- thnks!

Does anybody know clearly enough the achieved (sold / agreed sale) prices of various types / sizes of apts here, in Silverene?

Also, any recent update on the gym?

BTW, Emaar's Panorama sales in Greens on day 1 look promising for the dubai property market. Is my reading correct?

^^Copy & Paste reply from customer services on 30/4/12. So if that email is to be taken serious it should be almost ready..

Six weeks more. We have ordered the materials and awaiting for the delivery