View Full Version : #COMPLETED: SILVERENE, 35F+25F Res


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jeetha
March 15th, 2008, 09:59 PM
Thanks Imre & m2

M2 - when did you take picture?

m2
March 16th, 2008, 10:53 AM
Jeetha - the picture was taken on 07 March

rags
March 16th, 2008, 01:25 PM
Jeetha - the picture was taken on 07 March[/QUOTE]

Yeah... Many pictures posted here are indeed nice but unfortunately none of them seems to have been taken when men are actually at work on the site. In other words, while they provide a sort of progress over time, they don't give an idea of how many are working on the site or whether Sliverene is progressing anywhere near what is its optimum.

Thanks a lot nonetheless.

jeetha
March 17th, 2008, 11:40 AM
According to email received from Cayan.

"No changes in floors for Silverene Towers.
And Pilling is already in process".:banana:

heatstor
March 17th, 2008, 01:00 PM
Great news :cheers:

Question for someone who bought a resale in Silverene. How long did it take before you got your contract?

bizzybonita
March 17th, 2008, 06:49 PM
this one for jeetha :)

http://www.remaxunlimiteddubai.com/dynamic/images/large_l734758_3492561_silverene_building.jpg

rags
March 18th, 2008, 11:52 AM
According to email received from Cayan.

"No changes in floors for Silverene Towers.
And Pilling is already in process".:banana:
Thanks, Jeetha.

BTW, Heatstar, Cayan does take one heck of a long time to produce contracts.

lovedubai
March 18th, 2008, 03:53 PM
On the contrary, I found Cayan really quick on contracts - both buying and selling.

thedubailife
March 18th, 2008, 04:06 PM
^^ No they are slower now apprently something to do with this RERA stuff that came into force, maybe once all ironed out they will speed up again

bizzybonita
April 1st, 2008, 08:49 AM
still the site in prep stage :ohno::ohno:

jeetha
April 1st, 2008, 09:21 AM
Thanks Bizzy!
According to Cayan pilling is in process. Is this not the case?

bizzybonita
April 1st, 2008, 10:53 AM
This month we will see what's really going on ...

9714
April 1st, 2008, 07:22 PM
What are you guys on about? There must be 70 piles at least complete already.

jeetha
April 1st, 2008, 07:34 PM
^^Sure mate……not April fooling us. :banana:
Bizzy! what ever you are on ??????????? can I have some.:lol:

9714
April 1st, 2008, 08:06 PM
Hehe! Totally forgot what day it is...

but no jokes, though.

m2
April 6th, 2008, 07:22 AM
Silverene site on 04 April 2008

http://i27.tinypic.com/rt1e0h.jpg

jeetha
April 6th, 2008, 10:10 AM
Thanks M2.

rags
April 6th, 2008, 12:44 PM
Hi m2,

From the snap, it is not easy to gauge progress. For example, this recent is not vastly different from your March snap of the site. My question, therefore, is: As someone who has been at the site regularly, do you see commensurate progress and whether the June 2010 date for hand-over seems realisable?

Thanks a bunch in anticipation of your detailed response.

rags
April 6th, 2008, 12:47 PM
Also, a lot of apts have been put up on the Cayan site for re-sale lately. Any inputs from anyone on that and on re-sale in general?

m2
April 6th, 2008, 02:41 PM
Hi m2,

From the snap, it is not easy to gauge progress. For example, this recent is not vastly different from your March snap of the site. My question, therefore, is: As someone who has been at the site regularly, do you see commensurate progress and whether the June 2010 date for hand-over seems realisable?

Thanks a bunch in anticipation of your detailed response.

Rags,

to be honest I am just a spectator of the Silverene site and I don't know much about the project.

My main concern is Marina Quays project coz I bought a property there.

During my regular "inspections" of the progress on Quay West I realized that there is good opportunity to take some nice shots of Silverene from the tower and keep you guys updated.

Now, based on my experience with Dubai developers and this market I would say that June 2010 is unrealistic for Silverene.

Having in mind the stage they are at now I reckon the hand over wont happen before end 2010 - beginning 2011.

rags
April 6th, 2008, 04:09 PM
Oh.. Ok... Just being a good samaritan...I get it, m2. Thanks so much.

DubaiDude
April 7th, 2008, 07:18 AM
Also, a lot of apts have been put up on the Cayan site for re-sale lately. Any inputs from anyone on that and on re-sale in general?
I own(ed) two appartments in Silverene, sold one in December within a couple weeks and for a nice profit. Holding on to the other until completion

Dubai_Steve
April 17th, 2008, 06:31 PM
Now, based on my experience with Dubai developers and this market I would say that June 2010 is unrealistic for Silverene.

Having in mind the stage they are at now I reckon the hand over wont happen before end 2010 - beginning 2011.

End of 2011 I would say. What do you think TB ? :runaway:

rags
April 17th, 2008, 09:03 PM
End of 2011 I would say. What do you think TB ? :runaway:
Let us put it this way. When The Jewels were launched, the delivery date was end-2006. They were finally delivered in Jan '08, after a year's delay. The construction seems fine but the fixtures in some rooms or tile-work or some painting or some curtain rail or TV/Telephone or whatever seems a bit suspect (poor quality). The pool is yet on course for delivery. So run the comments, as you can see here
http://www.skyscrapercity.com/showthread.php?t=183520&page=28

Silverene may as well undergo then a delay of one year plus. Hope though that Cayan will have learnt from the The Jewels experience.

True Blue
April 17th, 2008, 09:11 PM
Jewels took about 26 months to "substantialy" complete. So expect this one to be about 36 months from start of waterproofing/tanking.

About mid 2011 for keys. Early 2012 for the pool :)

m2
April 20th, 2008, 06:34 AM
Silverene 18 April 2008

http://i28.tinypic.com/eqctu9.jpg

rags
April 20th, 2008, 06:42 PM
Net-net, are you seeing progress, m2? Did you see ever workers and managers at the site putting in regular hours?

lovedubai
April 20th, 2008, 10:06 PM
There were 3 buses plus numerous other vehicles parked there when I went past 3 days ago so there must have been loads of workers on site.

jeetha
May 6th, 2008, 07:57 PM
http://i32.tinypic.com/30lnju0.jpg

http://i27.tinypic.com/2iqmohi.jpg

http://i26.tinypic.com/2u9jvw0.jpg

jeetha
May 6th, 2008, 08:02 PM
http://i25.tinypic.com/nflhmp.jpg

http://i31.tinypic.com/2j2xb7p.jpg

http://i31.tinypic.com/9u3seg.jpg

jeetha
May 6th, 2008, 08:04 PM
http://i30.tinypic.com/2mxpi54.jpg

http://i32.tinypic.com/30rleo6.jpg

http://i31.tinypic.com/9u3seg.jpg

jeetha
May 6th, 2008, 08:13 PM
Thanks Imre for pictures. I’m not sure where the workforce has disappeared to. I can see one person sleeping.

Joy Machine
May 6th, 2008, 11:43 PM
I think it's nice how these relate to the Emirates towers. I think that relationship will start unifying the architecture of Business Bay to the other end of town. I think the architect did a very good job in consideration of not outshining Dubai's original master pieces and still making a modern building for Dubai's new style. Very fitting.

bizzybonita
May 7th, 2008, 01:22 AM
http://i32.tinypic.com/30lnju0.jpg

http://i27.tinypic.com/2iqmohi.jpg

http://i26.tinypic.com/2u9jvw0.jpg

first fitness GYM open there before completion date wow

bizzybonita
May 8th, 2008, 05:51 PM
http://img139.imageshack.us/img139/2363/imresolt170jp3.jpg

jeetha
May 10th, 2008, 11:32 AM
Ground work seems to be taking forever. I can't see any pilling from Imre's pictures?

Where are the workers here? There always are only 2 or 3 people working?
And they seem to be doing the same work in every picture.
Work started here on the 5th September 07 (on my birthday) I am 9 months older now and it shows.:ohno:

Silverene ground work is very slow compare to their other "Dorra Bay" and "The Jewels"

True Blue
May 10th, 2008, 11:54 AM
Dorrabay and Jewels were much less depth of basement (only 1 floor below the marina level)
Silverene is 2 maybe 3 levels below the marina and therefore 2 maybe 3 times more difficult to carryout the work. I also noted that they were having to excavate well into the rock. The piles will become visible as they reach the formation level.

In this picture we can see the depth of rock that has been removed and also a static pile load test on the higher level. The most economic method of rock excavation is by using a grid of explosives. Not a good idea next to the marina wall so the slowest most safe method has to be adopted.

http://img123.imageshack.us/img123/118/imgp1121lz3.jpg (http://imageshack.us)

jeetha
May 10th, 2008, 12:25 PM
I appreciated your explanation.

Thanks God we have True Blue.

heatstor
May 10th, 2008, 01:38 PM
Thanks for the explanation True Blue.
How long do you estimate before piling starts.

And I too would like to see a picture with workers on the site for a change.

True Blue
May 10th, 2008, 05:50 PM
Piling has started. There are 3 rigs on site which is good for a project this size. Piling is also a plant intensive operation so more plant is better than more labour. There are plenty of labour visible in my next 3 shots taken on 6th May.
http://img45.imageshack.us/img45/6000/imgp1118uk9.jpg (http://imageshack.us)
http://img383.imageshack.us/img383/3839/imgp1119ia3.jpg (http://imageshack.us)
http://img102.imageshack.us/img102/9793/imgp1120ig0.jpg (http://imageshack.us)

True Blue
May 10th, 2008, 05:58 PM
For comparison I had a quick check on Bay Central thread and can see only 2 rigs working on a 3 tower project compared to 3 rigs working on a 2 tower project at Silverene. Which option sounds best for progress :)

m2
May 12th, 2008, 07:32 AM
...as of 09 May 08

http://i29.tinypic.com/3338vpt.jpg

jeetha
May 12th, 2008, 10:36 AM
Thanks M2.
They moved the positioning for one large block.

carpetking
May 17th, 2008, 10:34 PM
Resales available Tower B Marina Prime View 1Bed ?

The-King
May 18th, 2008, 11:22 PM
from charlie big potatoes, 11th may:
http://img140.imageshack.us/img140/6196/dubaimay08051ly0.jpg
http://img140.imageshack.us/img140/2678/dubaimay08050st7.jpg

mrsuezjbr
May 20th, 2008, 02:02 PM
Taken from Saba 1 - 13/05/08

http://img214.imageshack.us/img214/351/dsc03988et2.jpg

http://img503.imageshack.us/img503/2519/dsc03991hs7.jpg

scoot68
May 20th, 2008, 02:17 PM
This is one of my favorite projects.

m2
May 25th, 2008, 01:09 PM
Silverene on 23 may 2008

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

Mavekris
May 25th, 2008, 01:34 PM
^^looks like runway is ready for the sad marina investors to jump into the better planned and better looking JLT :)

carpetking
May 25th, 2008, 01:40 PM
^^looks like runway is ready for the sad marina investors to jump into the better planned and better looking JLT :)

I din't agree with you :bash: Silverene Towers at Dubai Marina is on of
the best Towers and Locations in the World :cheers:

jeetha
June 9th, 2008, 11:50 PM
Hello Imre......or anyone
please post some new pictures of Silverene.

Thanks

rags
June 14th, 2008, 10:21 PM
Hi guys, I am in Dubai July 2nd to 6th evening. Would like to meet up with fellow Silverenians (Imre included) over coffee one of those days. Please respond here or send me a PM.

Thanks a bunch.

belgianman
June 15th, 2008, 03:03 PM
HI

I am the owner of an apparment in blok b,can anyone post some new pics please,greetings belgium
other people from belgium buying here.

jeetha
June 15th, 2008, 09:17 PM
Welcome Belgianman (Belgium man). Last pictures were by M2 date taken 23 May.
That’s 3 weeks and 2 days ago. Probably no progress, otherwise Imre or some of our good friends in Marina, would had posted pictures.

OMG 3 week and 2 days and no pictures. What’s happening here?

True Blue
June 16th, 2008, 12:37 AM
Ok, let me hazard a guess.

They built a new access ramp in the centre of the basement so maybe the one on the left has been dug out to allow them to install the piles in this area. So the drilling rigs are now working in this area.

Phew! Your right, this is hard work. A picture speaks a thousand works so lets go guys! :okay:

momao
June 24th, 2008, 06:42 AM
Hello,
Does anyone have info whether the June installments to be paid to Cayan or to an escrow account? As per RERA it is mandatory for all developers to open escrow accounts even for projects under construction - at the time of the announcement.
Escrow give us an additional safety net that Cayan have to deliver on time else funds not released.
cheers
mm.

jeetha
June 24th, 2008, 06:52 PM
Hello,
Does anyone have info whether the June installments to be paid to Cayan or to an escrow account? As per RERA it is mandatory for all developers to open escrow accounts even for projects under construction - at the time of the announcement.
Escrow give us an additional safety net that Cayan have to deliver on time else funds not released.
cheers
mm.

Hi Momao welcome. I paid all mine up until June 08 before Escrow came into use. My next one is due in December. Then I will be paying into escrow account.

I’m not initially sure how escrow works, I was reading somewhere - once opened it is only the money put in thereafter which will go into the account. The previous sums won't be accounted for, at least not in the escrow. So anything could have been done with my money.

Paid for fancy tiles for True Blue’s apartment.:yes:

Answer to your question: pay in Escrow Account.

True Blue
June 24th, 2008, 11:18 PM
^^ Pay Cayan direct, I still need my jacuzzi and curtain motors :D

rags
June 29th, 2008, 09:10 AM
Does anyone have a clue as to whether the Gourmet tower will block the view of water for even some tower B apts? I am asking, not being aware of the actual distance between tower B and Gourmet tower. Gourmet also seems far taller at some 25+ storeys than I had originally imageined.

True Blue
June 29th, 2008, 12:24 PM
http://farm4.static.flickr.com/3281/2617692172_2cee15525f_o.jpg

rags
July 4th, 2008, 08:18 PM
Visited the site last 2 days both during day and at night. About 50 guys work during the day and about half a dozen during night. Total of 510 piling columns had been laid earlier and they are now being de-piled after the load test and everything had been done.

Impressive work. This piling, load testing part, I was told, was thw toughest part. The de-piling and removing all the mud/earth is wha is going on. More work has been done on bldg B site than on bldg A site so far. Simultaneously, the ground water is being pumped out and this, I was told, would go on 24*7 for quite a while. I was told that in a couple of months' time, several hundred (indeed, a thousand) people will be on site working.

Gourmet tower is pretty tall and blocks somewhat the direct and distant view of marina water from B although the marina will be fully seen / visible on the left side as well as below where the water is seen as an inlet as well.

I am trying to post photos from the hotel internet but flickr site is blocked in Dubai. Let me see if I can post url from gmail.

More posts later.

rags
July 4th, 2008, 08:35 PM
In my conversation with senior management at Cayan, I was told clearly that the project is still on target for delivery by mid-2010.

Meanwhile, visited a few apt at The Jewels, met with a couple of tenants living there. Overall, the comments were quite positive. The foyer, landing, etc look pretty good. The finish i seen as good by many.

Visited just one apt in the first floor at Dorrabay as the place is still not quite security-cleared for visits. It was very dusty and dirty but I think it should turn out fine too. Also, I could not go to the marina side of dorrabay to be able to assess properly.

Infinity work is in full swing. Several hundred guys were working at any point in the 24 hr cycle. Lots of steel laid at the site. All problems have been sorted out. Cayan, I understand, still has 3 floors to release at a later date. It was nice to look at Infinity at midnight from Bar 44 in GH.

Overall, Cayan is seen as a reputable developer by many in Dubai.

rags
July 4th, 2008, 09:04 PM
Uploading in gmail is taking ages. Let me just post the URL with the few I have been able to upload. Hope they come allright...

http://picasaweb.google.com/kayar.raghavan/Silverene

jeetha
July 4th, 2008, 09:23 PM
Lovely Rags! :banana::banana::banana::banana::banana:

jeetha
July 4th, 2008, 09:28 PM
http://i32.tinypic.com/wl65vd.jpg

http://i32.tinypic.com/145g5h.jpg

http://i28.tinypic.com/24axr21.jpg

jeetha
July 4th, 2008, 09:30 PM
http://i26.tinypic.com/2d1k74m.jpg

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

carpetking
July 13th, 2008, 10:37 AM
What is the expected date of completion...... ?

jeetha
July 19th, 2008, 11:06 AM
http://i37.tinypic.com/10cm29t.jpg

http://i37.tinypic.com/4vqq83.jpg

http://i38.tinypic.com/11rgpph.jpg

http://i36.tinypic.com/w84vph.jpg

jeetha
July 19th, 2008, 11:14 AM
http://i34.tinypic.com/f4jkva.jpg

http://i36.tinypic.com/25q9og2.jpg

jeetha
July 20th, 2008, 09:52 PM
http://i37.tinypic.com/2ufg29t.jpg

http://i34.tinypic.com/2vc6n13.jpg

http://i33.tinypic.com/25zja5h.jpg

bizzybonita
July 24th, 2008, 11:20 AM
ArabTec »receive a contract worth 638 million dirhams from« cayan »


Granted the company an entity for investment and real estate development project held at the Silver Towers in the Dubai Marina worth 638 million dirhams to the company Krappie for construction and owned by the Holding Company arabtec.


The project to be established within two years of the 35-storey towers at the first tower and 27 floors of Tower II include the settlement of floors, Budget and Bodiom.


The advantage of these towers in its elegant and innovative engineering will be the highest quality standards established for the global project represents a hallmark in the standards of architectural development.


The company entity for investment and development to develop this project in addition to the tower project Anvinti distinctive in the Dubai Marina, which is currently implemented by arabtec.


For his part, expressed Ahmad briefed the company board chairman entity for Investment and Development expressed his delight at the choice of Rabin to implement the project, saying: «This project represents a milestone in a series of projects characterized by quality, so it was checking us in a good choice in terms of construction and building on our confidence that arabtec is better for this trust Has been the award of a construction and we are fully confident that arabtec would be better than our criteria would be applied in the implementation of this project ».

jeetha
August 2nd, 2008, 10:03 AM
http://i33.tinypic.com/2zyv3mr.jpg


http://i33.tinypic.com/1232ohv.jpg

diveksa
August 14th, 2008, 10:36 PM
http://img401.imageshack.us/img401/4430/dscn2715cg8.jpg

jeetha
August 15th, 2008, 01:02 AM
Thank you Diveksa :)

mamoon100
August 22nd, 2008, 03:42 PM
I'm planning on purchasing a resale silverene apartment. Does anyone know if I need to pay a transfer fee?

mamoon100
August 23rd, 2008, 06:38 PM
I'm intending to purchase a Tower B XX03 1-bed apartment. Unfortunately it doesn't come with a balcony but does anyone know if any of the windows can be opened at a higher level?

jeetha
August 23rd, 2008, 08:38 PM
Floor to ceiling windows with nice Marina views.

How much are you paying?

http://www.silverenedubai.com/index.php?id=156&L=0

mamoon100
August 24th, 2008, 06:33 PM
Flying out there next week to complete the deal. Paying AED1.4m for 637sqft (AED2200psf)! Still cheaper than West Avenue located behind Silverene!

I think it's a bargin considering most 1-bed with Marina Views are going for AED1.6+ Location is fantastic, walking distance to Dubai Mall and just a stunning exterior fascade. I think it's worth the investment in the long run - 'long run' is currently only a few months by the way things are moving in Dubai! Downside with this apt is lack of balcony.

Wanted Tower B XX02 but couldn't afford that. Just wanted to know if anyone was aware of any windows that could be opened in this apartment.

Had my eye on this development for a several months but during the search I was surprised how I couldn't find ANY Tower A resale.

diveksa
August 24th, 2008, 11:45 PM
Flying out there next week to complete the deal. Paying AED1.4m for 637sqft (AED2200psf)! Still cheaper than West Avenue located behind Silverene!

I think it's a bargin considering most 1-bed with Marina Views are going for AED1.6+ Location is fantastic, walking distance to Dubai Mall and just a stunning exterior fascade. I think it's worth the investment in the long run - 'long run' is currently only a few months by the way things are moving in Dubai! Downside with this apt is lack of balcony.

Wanted Tower B XX02 but couldn't afford that. Just wanted to know if anyone was aware of any windows that could be opened in this apartment.

Had my eye on this development for a several months but during the search I was surprised how I couldn't find ANY Tower A resale.

If you want a balcony take a look at the Atlantic

diveksa
August 24th, 2008, 11:49 PM
I'm planning on purchasing a resale silverene apartment. Does anyone know if I need to pay a transfer fee?

see this post: http://www.skyscrapercity.com/showpost.php?p=24422058&postcount=6792

mamoon100
August 25th, 2008, 01:00 PM
Thanks for the info Diveska. The agent has pencilled in a transfer fee and I may inquire into it. I don't think a 1-bed Atlantic Tower will be available for less than AED 1.6m!

Morrismarina
August 25th, 2008, 01:08 PM
Flying out there next week to complete the deal. Paying AED1.4m for 637sqft (AED2200psf)! Still cheaper than West Avenue located behind Silverene!

I think it's a bargin considering most 1-bed with Marina Views are going for AED1.6+ Location is fantastic, walking distance to Dubai Mall and just a stunning exterior fascade. I think it's worth the investment in the long run - 'long run' is currently only a few months by the way things are moving in Dubai! Downside with this apt is lack of balcony.

Wanted Tower B XX02 but couldn't afford that. Just wanted to know if anyone was aware of any windows that could be opened in this apartment.

Had my eye on this development for a several months but during the search I was surprised how I couldn't find ANY Tower A resale.

Congratulations...........a really nice unit with great Marina views. Lack of balcony not really a problem, in fact many prefer not to pay for outside space which will be rarely used. You'll certainly see a 50% rise in the price by completion (may be a lot more) as the Metro and Mall will be up and running by then. Also expect a quick build as progress here is very good so far. Can I ask which floor are you buying on ??

Dubai_Steve
August 25th, 2008, 01:39 PM
Any reason you prefer this to a JBR resale which is already completed and less expensive? When is handover estimated now?

Dubai_Steve
August 25th, 2008, 01:45 PM
As for the prices, I feel anything over 1000AED/ft is a risk unless its infinity.

FAIL :)

jeetha
August 25th, 2008, 07:51 PM
When is handover estimated now?

June 2010

diveksa
August 26th, 2008, 01:19 AM
Thanks for the info Diveska. The agent has pencilled in a transfer fee and I may inquire into it. I don't think a 1-bed Atlantic Tower will be available for less than AED 1.6m!

I do not think there is any one bed room available for resale at the Atlantic right now. I think there are 2 bedrooms only and there are two units in the market for resale. I think the average price per sqf is in the range of 1600 to 1900 AED.

charlie big potatoes
August 26th, 2008, 02:00 PM
If you want a balcony take a look at the Atlantic

Or The Point, you will get a great view, balcony, get it much sooner and wont be paying 2200!

mamoon100
August 27th, 2008, 04:47 PM
One reason why I'm buying this one is that I'm not willing to take a mortgage/loan/finance. I have AED 1m sitting in the bank and have to make up AED 400k until June 2010+

JBR have small(er) windows - just don't like the look of them - nothing personal.

Morrismarina: Thanks for the assuring sentiments. Its on a higher floor (greater than half way), however I would've preferred a lower floor - more of a marina view from further back in the apartment rather than being plastered to the window looking down at an angle down towards the marina! Still not sure where to hang the washing!

jeetha
August 28th, 2008, 10:56 AM
CAYAN Investment & Development Awards Arabtec Construction of Silverene Towers worth AED 638 Million

[Dubai, August 18, 2008] - Cayan Investment & Development has awarded Arabtec Construction LLC, a subsidiary of Arabtec Holding PJSC, the contract to construct the prominent Silverene Towers, located in world’s most exclusive waterfront development at the Dubai Marina.

The Silverene Towers will be constructed over a two year period and will be one of the most prestigious residential developments of its type with 35 floors in Tower A and 27 floors in Tower B, including numerous Podiums levels, a Ground level Plus 3 Basement levels.

Commenting on the award of the project, Arabtec's CEO Mr. Riad Kamal expressed his delight and said: "We are pleased to construct yet another project for CAYAN and Arabtec looks forward to working with Cayan on this exciting development”. He added: "Silverene Towers will add to Arabtec’s diversified portfolio of projects around the region and confirms Arabtec’s commitment to working on, and completing, quality construction to the very highest of standards our clients are demanding and getting accustomed to."

The company’s Chairman, Mr. Ahmed Alhatti, said: "The Silverene Towers will be one of the highest quality buildings in the region and we are confident that Arabtec, a company known for its exceptional standards and superb project management, will complete the construction to the standards we require."

dubaiprojects
August 28th, 2008, 02:37 PM
http://i38.tinypic.com/2r4tlab.jpg

http://i37.tinypic.com/4oncg.jpg

http://i37.tinypic.com/10z79qt.jpg

http://i37.tinypic.com/2r2xbhs.jpg

http://i37.tinypic.com/2s843me.jpg

http://i38.tinypic.com/33bjmno.jpg

I have some pics of inifinity if u guys want it, let me know.

999bbb
August 28th, 2008, 06:14 PM
Flying out there next week to complete the deal. Paying AED1.4m for 637sqft (AED2200psf)! Still cheaper than West Avenue located behind Silverene!

I think it's a bargin considering most 1-bed with Marina Views are going for AED1.6+ Location is fantastic, walking distance to Dubai Mall and just a stunning exterior fascade. I think it's worth the investment in the long run - 'long run' is currently only a few months by the way things are moving in Dubai! Downside with this apt is lack of balcony.

Wanted Tower B XX02 but couldn't afford that. Just wanted to know if anyone was aware of any windows that could be opened in this apartment.

Had my eye on this development for a several months but during the search I was surprised how I couldn't find ANY Tower A resale.

I should persuade you to invest in Bay Central much cheaper than Silverene (1,850 psf and has balcony ) and will be built about the same time - only trouble you would have to get water taxi across the water to go to the Mall

Good luck with your purchase.

buster007
August 29th, 2008, 09:45 AM
^^ Developer reputation and track record is the key here. Cayan rules and have completed projects to back up any statement they make. BC - a waste of prime development location. Silverene would be out of the ground and completed at least 2-3 years ahead of BC. Good choice in going for Silverene.

carpetking
August 29th, 2008, 10:21 AM
Silverene is going to be the best Towers in the Marina or better the whole UAE ?

rags
August 29th, 2008, 11:12 PM
Did any one notice the fact that pretty much all Resales available until two days ago on Cayan's site have vanished today? There is only one apt 509A, a 2-bed with 1568 sq ft, that is available as of now although it is mentioned twice, once at 3.2M plus and a second time at 3.9M plus. I suspect, however, that this site is not regularly updated and hence the info therein may not always be current / reliable.

True Blue
August 30th, 2008, 02:06 PM
FAIL :)

Behave Steve :bash:, that post was dated Feb 2007.

Cayan stock has increased by atleast 75% since that post. Who could have foreseen that amount of growth in the marina in general.

heatstor
August 30th, 2008, 03:04 PM
True Blue

Based on Construction progress so far, when do you think the structure for either tower will be above ground.

Thanks.

jeetha
August 30th, 2008, 07:13 PM
http://i34.tinypic.com/2rw6a0j.jpg

True Blue
August 30th, 2008, 09:03 PM
True Blue

Based on Construction progress so far, when do you think the structure for either tower will be above ground.

Thanks.

Progress so far has little to do with future progress. Cayan seemed to be stringing CRC along but ended up signing the contract with Arabtec. Once Arabtec get established onsite the basement will move relatively quickly.

It is a large basement so I would expect 8-9 months before we see residential tower floors.

I'm sure I have mentioned before that Arabtec are one of, if not the best concrete frame contractors in the region.

OmarPERU
August 30th, 2008, 11:14 PM
From this afternoon..

http://i257.photobucket.com/albums/hh210/miusuario/IMG_4105.jpg

http://i257.photobucket.com/albums/hh210/miusuario/IMG_4108.jpg

rags
September 4th, 2008, 04:15 PM
Interesting. I thought the Silverene folks too should know. See below URL on Infinity.

http://www.cayan.net/thenews.php?id=29

jeetha
September 13th, 2008, 09:42 AM
Pilling is completed at Silverene. Arabtec has moved to the site. And lots of workers there, working at nights as well.
http://i33.tinypic.com/vs2vqt.jpg

http://i34.tinypic.com/2diok91.jpg

http://i34.tinypic.com/2v8o1fo.jpg

jeetha
September 13th, 2008, 09:48 AM
http://i36.tinypic.com/svno0y.jpg

http://i37.tinypic.com/15j4zk.jpg


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

jeetha
September 13th, 2008, 09:53 AM
http://i38.tinypic.com/1z39lcy.jpg

http://i38.tinypic.com/257g581.jpg

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

jeetha
September 13th, 2008, 10:02 AM
http://i37.tinypic.com/119w5s5.jpg

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

http://i36.tinypic.com/ji2ntu.jpg

jeetha
September 13th, 2008, 10:10 AM
http://i34.tinypic.com/358nl0z.jpg

http://i33.tinypic.com/35k0ll0.jpg

http://i34.tinypic.com/24plxki.jpg

jeetha
September 13th, 2008, 10:18 AM
http://i38.tinypic.com/1h9esz.jpg

jeetha
September 13th, 2008, 10:20 AM
http://i34.tinypic.com/1zfpyk3.jpg

rags
September 13th, 2008, 10:55 AM
Nice photographs, Jeetha.
Did you speak to Silverene execs or the proj manager? Any interesting inputs?
Also, I hope you will be posting your general impressions on everything from Silverene timelines, the Mall, the Gourmet tower, the boat club, the Marina, etc.,.

Thanks.

jeetha
September 13th, 2008, 10:56 AM
CNBC Arabian Property Awards announced Cayan Investment and Development the prestigious winner of the Best Marina Development for Silverene – Dubai and the Best High Rise Development for Lamar Towers– KSA. These prominent awards will be presented at the grand gala dinner to be held in The Madinat – Dubai on the 19th of October.

The fact that Cayan has won these coveted awards for its projects in both Dubai and Jeddah is clear proof that Cayan cannot only compete but also triumph within the highly competitive Arabian Property arena in the UAE and the GCC.

Entries were judged by a panel of professionals whose collective knowledge of the property industry is second to none and incomparable by any other property awards. Chaired by Eric Pickles this year’s judges included 22 connoisseurs highly representative of the real estate industry. Illustrious 65 and 70 storey Lamar acquires the Best High Rise Development Award for escalating in Jeddah to offer stunning views of the Red Sea; while Silverene, the spectacular architectural achievement for Cayan is built on one of the best locations on the water edge of Dubai Marina collects the Best Marina Development Award.

In his commentary, Cayan chairman Mr. Ahmed Al Hatti, said, “CNBC Arabian Property Awards are one of the most specialized and prestigious Property Awards. Cayan Projects have won these awards for three consecutive years as a result of Cayan’s expertise and competence in investment and real estate development. Cayan went beyond the UAE market into KSA and lately the Egyptian markets raising the company portfolio from a single project to the most prestigious and award winning projects including Infinity tower and the recently delivered The Jewels.”

http://www.eyeofdubai.com/v1/news/newsdetail-25505.htm

jeetha
September 13th, 2008, 10:59 AM
Summary: CNBC Arabian Property Awards announced Cayan Investment and Development the prestigious winner of the Best Marina Development for Silverene aC" Dubai and the Best High Rise Development for Lamar TowersaC" KSA. These prominent awards will be presented at the grand gala dinner to be held in The Madinat aC" Dubai on the 19th of October.

Cayan Achieves 3 Years in a Row CNBC Arabian Property Awards For Best Development in Dubai and the KSA

CNBC Arabian Property Awards announced Cayan Investment and Development the prestigious winner of the Best Marina Development for Silverene aC" Dubai and the Best High Rise Development for Lamar TowersaC" KSA. These prominent ...


http://www.highbeam.com/doc/1G1-184726742.html

True Blue
September 13th, 2008, 11:39 AM
Well done Cayan!

Something I identified about this developer a long time ago. They don't appear to be driven by the desire to make loads of money, it's the prestige they seek out.

The people behind the company would rather walk around with their chests bulging with pride rather than their pockets bulging with cash.

When we are dead we will be judged on what we have left behind! :)

Morrismarina
September 13th, 2008, 11:52 AM
Well done Cayan!

Something I identified about this developer a long time ago. They don't appear to be driven by the desire to make loads of money, it's the prestige they seek out.

The people behind the company would rather walk around with their chests bulging with pride rather than their pockets bulging with cash.

When we are dead we will be judged on what we have left behind! :)


He's at it again...........he just can't stop himself. :lol:

buster007
September 14th, 2008, 12:39 PM
http://i34.tinypic.com/24plxki.jpg[/QUOTE]

Compare and contrast with Bay Central :ohno:. A level of organization and progress is very evident in such pixs compared to the BC site. Well done Silverene investors .. this development is destined to be a winner.

Morrismarina
September 14th, 2008, 12:52 PM
Agree totally, will be finished well before BC.:)

The only problem with this Cayan outfit is that they are only out to seek "prestige". They care nothing for the small investor (like me) who can't pay cash and does not have that large personal income to raise a mortgage. At least SP think about the little guys and have allowed me at least to buy another property in Dubai, by way of their long term payment plan. Yes it is a bit expensive and construction is slow, but it's far better than absoutely nothing, which is all I'd be able to buy from Cayan.

buster007
September 15th, 2008, 10:09 AM
^^
Buying a Mercedes and enjoying the prestige and quality in design and preformance expected when it is delivered. Delivery is likely to be delayed but you can see progress in it being built whenever you show up at the manufacturing plant. All you have to do is seat back and relax, rest assured you will get your car someday soon.

BC - paying for the equivalent of a Mercedes in the long run with the 15-year payment plan but having no assurance in the quality of the final delivered product etc ... You may very well get a Mercedes but also possible that a "pimped-up" Fiat Panda is what is recieved.

The only comfort BC investors have today is the likely price appreciation the development should get. Let's hope the anticipated price correction in the region by 2012 and beyond doesnt affect it too much.

Morrismarina
September 15th, 2008, 06:39 PM
Do really have to keep trotting out the same old crap, it's getting really boring now. :ohno:

heatstor
September 19th, 2008, 06:22 PM
Agree totally, will be finished well before BC.:)


Heck Silverene might be done before the Torch, especially if there are a few more floor goof ups there :lol:

j/k

True Blue
September 20th, 2008, 02:57 AM
I see that CRC cabins are still on site. Any sign of Arabtec yet?

9714
September 20th, 2008, 07:47 AM
arabtec have started mobilising. temporary site offices are up already. CRC should leave very soon.

jeetha
September 29th, 2008, 01:35 PM
Any progress news or pictures here (anyone)

9714
September 29th, 2008, 03:33 PM
saw a tower crane on site today!

True Blue
October 1st, 2008, 08:24 PM
Taken on 30th sept.
2 cranes and 3rd started:banana:
http://img47.imageshack.us/img47/3893/dsc00464em3.jpg (http://imageshack.us)

http://img49.imageshack.us/img49/6508/dsc00465rt7.jpg (http://imageshack.us)

http://img518.imageshack.us/img518/9674/dsc00466uc0.jpg (http://imageshack.us)

http://img241.imageshack.us/img241/4935/dsc00467yr9.jpg (http://imageshack.us)

http://img404.imageshack.us/img404/3153/dsc00468rd4.jpg (http://imageshack.us)

http://img75.imageshack.us/img75/1183/dsc00469jl3.jpg (http://imageshack.us)

http://img232.imageshack.us/img232/198/dsc00470pm7.jpg (http://imageshack.us)

jeetha
October 1st, 2008, 08:41 PM
Yahoo!!! Not bad at all. Lots more done since I was there 3 weeks ago.
Thanks True Blue.

buster007
October 1st, 2008, 11:23 PM
^^
Indeed .. looking good and taking shape - a winner in the making.:banana:

heatstor
October 2nd, 2008, 01:33 PM
Awesome!

Paul Dubai
October 8th, 2008, 06:17 PM
Hi everyone, I am new to this forum.....
this development looks like it will be one of the best in D.M! I thought so at the begginning and bought quite a few front line to water 1 & 2 bed apts. I will start to market them soon, does anyone have any idea what the achievable price per ft2 should be? I have not seen any full marina view units on the market...

9714
October 8th, 2008, 07:40 PM
^^^^ don't sell under 2k psf, mate. in fact don't sell now. hang on bit if you can afford to.

Paul Dubai
October 9th, 2008, 07:43 AM
Cayen called to say 2200 to 2400ft2....mabe sell 1 or 2 now and wait till completion to sell the rest?

thedubailife
October 9th, 2008, 01:53 PM
Maybe.....but incase you not noticed there is a bit of a credit crunch going on at moment. How that affects Dubai and resale i don't know

heatstor
October 10th, 2008, 05:21 PM
I'd take 2,200 at least on some units. If you bought by January this year and based on how many installments you have made, thats over a 100% return on your money.
This development should go to 3000 by end of next year and when the towers get topped off. Problem is no one can say for sure what the effect of this market meltdown will be. I don't think there will be a direct affect, but these are unprecedented times, no one knows whats going on.

rags
October 10th, 2008, 07:47 PM
Cayen called to say 2200 to 2400ft2....mabe sell 1 or 2 now and wait till completion to sell the rest?
There are quite a few apts for resale at a little less than 2200 psf. I am surprised Cayan would quote 2200 and higher.

Dubai_Steve
October 10th, 2008, 08:02 PM
Average advertised resale price seems to be around 1950 psf.

Although there is one black sheep on the market for 1365 psf
http://www.gnads4u.com/doc.html?_a=view&id=4121033

jeetha
October 10th, 2008, 08:33 PM
Average advertised resale price seems to be around 1950 psf.

Although there is one black sheep on the market for 1365 psf
http://www.gnads4u.com/doc.html?_a=view&id=4121033

Yet! When you call the agent, they will make an effort to sell you somewhat else.:cheers:

True Blue
October 10th, 2008, 08:39 PM
Average advertised resale price seems to be around 1950 psf.

Although there is one black sheep on the market for 1365 psf http://www.gnads4u.com/doc.html?_a=view&id=4121033

Steve, this could be your answer to the £100k in 3 years :D

Don't mention it!

jeetha
October 10th, 2008, 08:47 PM
Steve, this could be your answer to the £100k in 3 years :D

Don't mention it!

:lol: TRUE :lol:

jeetha
October 10th, 2008, 08:57 PM
Or…….. maybe in 1 year.

Dubai_Steve
October 10th, 2008, 10:18 PM
Well I will give them a call and find out, if it is true I will buy it, but I would not feel happy buying at 2000psf+ at the moment.

Hasnainlali
October 11th, 2008, 06:09 AM
Cayan has released another floor at Tower B for 3800 per Sq Ft.

jeetha
October 11th, 2008, 09:11 AM
Cayan has released another floor at Tower B for 3800 per Sq Ft.

:banana: That's FROM 3800 psf.

rags
October 11th, 2008, 12:10 PM
Cayan has released another floor at Tower B for 3800 per Sq Ft.
Where did you read / get this news from? Any URL you could post please? Thanks.

Paul Dubai
October 11th, 2008, 01:04 PM
Cayen say 2200 to 2400psf is for Full panoramic marina views. Pool views are cheaper...

Just called for the 1 bed at 1365psf, a wowan answered saying that the owner is not here and do you only want Silverene as I have other units in other towers etc. etc.......:bash:

jeetha
October 11th, 2008, 04:34 PM
Just called for the 1 bed at 1365psf, a wowan answered saying that the owner is not here and do you only want Silverene as I have other units in other towers etc. etc.......:bash:

:) ...Told you Steve

Dubai_Steve
October 11th, 2008, 05:04 PM
:cry:

rags
October 12th, 2008, 11:42 AM
I had this following update from Cayan today.

'We are in the raft stage with piling complete, Arabtec have been appointed as the main contractor and they are already on site with 3 cranes.

Current resale price is AED 2000 to 2200 per sq foot'.

Regards.

Paul Dubai
October 14th, 2008, 11:10 AM
Yesterday I sold to a cash buyer a unit with full marina view for 2400psf nett to me,

Good news for some nervous investors...DONT PANIC! :cheers1:

FWIW
October 14th, 2008, 11:22 AM
^^Congrats!!!

Goes to show that some people still have courage and conviction...

Barracuda
October 14th, 2008, 12:11 PM
I have a 1 bedroom in Tower B, which I'm looking to sell at AED 1,850 per sqft.
Maybe your buyer is also interested in this one???

jeetha
October 14th, 2008, 07:16 PM
Well done Paul Dubai. No doubt you’ll keep a few till the end.


Barracuda – you are giving it away. How many do you have?

Barracuda
October 15th, 2008, 03:00 PM
I've got 2. 1410 and 1110 in Tower B
1410 is actually not mine, but on offer for 1,850 a sqft

I'll keep mine until I can get 2,600

dubaiprojects
October 15th, 2008, 11:26 PM
I have a 3 bed room corner apartment overlooking marina in Tower A. I bought it for 1400 aed psft. I would like to get everybody's opinion.

1. Due to the economic turmoil in the world, it will most likely affect real state in one way or another during the recession period which could last for several years, should I sell my apartment now? Note that I am not in need of immediate money but I dont want my investment to go wasted if at all the real estate crashes in dubai and i wont be able to sell it at all.

2. My purpose was to buy it for rental purpose in the first place, yes there is a possibility of me moving in myself and thats why i bought 3 bed as 1 bed is going to be very small for my family. so sort of server two purpose. Anyway, when completeled, realistically how much could i possibly get yearly rental. I should tell you that one of my friend just rented his 3 bed in jewels (well that 3 bed is like 3000 sqft +, but i guess silverene will be in much better place in marina so the sqft less should be balanced here ) for 410K AED per anunm.

3. How much would be the maintenance per sft cost when silverene handed over?

Cheers

True Blue
October 16th, 2008, 12:08 AM
^^Just my biased opinion which I don't intend to enter into debate about;

1. Prime units will always be sellable, although it must be bourne in mind that 3 beds are not the best for investment and are slow to sell as there is a smaller market for them. For maximum investment return your money would be better in a mix of studios and 1 beds.

2. Jewels 3 beds are a much higher class than Silverene 3 beds. A Jewels 3 bed with maids room is 3500+ square feet and is comparable to a penthouse in most other developments. The Jewels is also a lower occupancy development with no studios hence more exclusive. In todays market you could get 300K for Silverene rental.

3. Check your sales agreement, the maintenance fee will be quoted.

dubaiprojects
October 16th, 2008, 12:32 AM
^^Just my biased opinion which I don't intend to enter into debate about;

1. Prime units will always be sellable, although it must be bourne in mind that 3 beds are not the best for investment and are slow to sell as there is a smaller market for them. For maximum investment return your money would be better in a mix of studios and 1 beds.

2. Jewels 3 beds are a much higher class than Silverene 3 beds. A Jewels 3 bed with maids room is 3500+ square feet and is comparable to a penthouse in most other developments. The Jewels is also a lower occupancy development with no studios hence more exclusive. In todays market you could get 300K for Silverene rental.

3. Check your sales agreement, the maintenance fee will be quoted.


Thanks for your unbiased opinion :-) I know that 3 beds are not best at all for investment purpose but I would like to one day move to dubai. I just like to know if there are any statistics as to how many and how difficult is it to rent out 3 bed and /or to sell it?

Cheers

jeetha
October 16th, 2008, 08:50 AM
^^
The Jewels is also a lower occupancy development with no studios hence more exclusive. .

There are no studios in Silverene Tower A.

buster007
October 16th, 2008, 11:57 AM
I have just seen the prices of available units on level 30 (Tower A) and level 23 (Tower B) from Cayan. Tower A => 4450 - 4700sq/ft ; Tower B => 3790 - 4400sq/ft. Amazing prices

heatstor
October 16th, 2008, 02:23 PM
I have just seen the prices of available units on level 30 (Tower A) and level 23 (Tower B) from Cayan. Tower A => 4450 - 4700sq/ft ; Tower B => 3790 - 4400sq/ft. Amazing prices

Could you please post a link to this.

mamoon100
October 17th, 2008, 10:37 AM
As if we didn't know already!

One piece of A4 sent all the way to London! Still admire the professionalism though.

http://thumbnails7.imagebam.com/1598/db674615978930.gif (http://www.imagebam.com/image/db674615978930)

heatstor
October 17th, 2008, 02:11 PM
^^ All the way to the US too :)

jeetha
October 17th, 2008, 02:30 PM
^^I have not received it yet!

-------- -------- -----------

Any progress ~news or pictures here (anyone)

bizzybonita
October 17th, 2008, 02:31 PM
^^ i will update our Silverene soon :D

jeetha
October 17th, 2008, 02:40 PM
Bizzy! You are a star. Promise to buy you a COKE or 2…..October 2010

Dubai_Steve
October 17th, 2008, 06:05 PM
^^ "Challenging completion date of June 2010", means end of 2010 then almost 1 year for handover. So October 2011 is more likely.

jeetha
October 17th, 2008, 09:03 PM
^^You’re probably right Steve.

I am anxious to see #GROUND WORK: changing to #UNDERC: (before December).

Cayan told me that this will be ground level by December 08.:dunno:

Pictures B I Z Z Y:bow:

reston2559
October 18th, 2008, 03:14 PM
hello silvereners,

I have been follwing this forum for a whle but due to time contraint have not been able to fully participate. I am an owner of apt in tower B, 2014. I will like to thank the guys that have posted pictures of the progress of construction on site. I did recieve the letter from Cayan about the appointment of Arabtec, DHL all the way to London. You have to hand it to these guys at Cayan, I was quite surprised. However I think this will be a great building.

heatstor
October 18th, 2008, 04:46 PM
^^ "Challenging completion date of June 2010", means end of 2010 then almost 1 year for handover. So October 2011 is more likely.

I'll venture May 2011, Arabtec's reputation being the principle reason.

bizzybonita
October 18th, 2008, 11:48 PM
Construction Updates 19/10/08


http://i33.tinypic.com/9auwxu.jpg


http://i38.tinypic.com/256eb2x.jpg


http://i36.tinypic.com/2dhwxm8.jpg


http://i37.tinypic.com/wswf40.jpg


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


http://i38.tinypic.com/sdheg4.jpg


http://i35.tinypic.com/208v19y.jpg

jeetha
October 19th, 2008, 03:51 AM
Thanks Bizzy:banana:

carpetking
October 19th, 2008, 10:52 AM
I am looking to buy a 1 bed or studio with prime marina view from 4th to 10th floor.

MMPI
October 19th, 2008, 11:01 AM
I have a 1 bed, unit 902 in Tower B.

Martin

Paul Dubai
October 19th, 2008, 11:35 AM
I have a full panoramic marina view 1404 Tower A if your interested?

rags
October 19th, 2008, 11:48 AM
Does any one know if cayan has actually released the two floors at the higher price mentioned in this board? Were they not supposed to release them as of yesterday? I have not seen any advt or press release. Any URL out there with the news?

Barracuda
October 19th, 2008, 02:11 PM
I have Apartment 1410 in Tower B

carpetking
October 19th, 2008, 04:23 PM
Barracuda

Thanks for the info,but the 10 type has a view to entrance from the bedroom.

Barracuda
October 20th, 2008, 08:13 AM
From the bedroom you can look over Al Majara, as it is only 8 stories, on the Yacht Club/Marina...

jeetha
October 22nd, 2008, 01:48 PM
[Dubai Marina, October 21, 2008] - Dubai, October 21, 2008: Cayan Investment and Development’s growing portfolio includes projects in Dubai, Egypt and Saudi Arabia with future plans to include Morocco and Lebanon. Cayan has assigned Arabtec Construction LLC, the contractors of Infinity Tower and Silverene Towers, two signature projects for Cayan in the Dubai Marina.

Both contracts combined amount to over 1.4 Billion AED. The construction progress has witnessed a great leap. Today the core of the Infinity Tower has reached the 3rd floor.

In his commentary, Mr. Ahmad Al Hatti, Chairman of Cayan said, “Cayan has always looked for business partners that conform to the proficiency and high standards of its projects. Arabtec is acknowledged for its exceptional standards and project management. Our tie-up with Arabtec for both Silverene and Infinity will ensure the best quality and on time delivery.”

On the other side, Mr. Riyad Kamal, Chairman of Arabtec Construction said, “Arabtec is known to present challenging and high quality projects. The new towers, Silverene and Infinity, will add to our diversified portfolio and confirm Arabtec’s commitment to deliver quality construction projects to the highest standards.”

Infinity has recently received an International Architecture Award from the Chicago Athenaeum for its unique design. Infinity has won a total of 6 awards over the last 3 years.

Infinity, the 80-storey tower spirals in a smooth curve by astonishing 90 degrees, positioned to give a stunning view of the Marina area.

For Infinity, Cayan is also working with Drake & Scull on the MEP works for the tower, Khatib & Alami as the local consultants, Currie & Brown as the Project Management Company and SOM as the main consultant.

Silverene, the 35 and 26-storey towers, encompass all the benefits of waterfront living with a unique interior treatment, captivating glass and mirror effects which reflect the blue waters and maximizes the breathtaking view.
Cayan started its presence with a single project in the influential Marina Area in Dubai and now has a portfolio of 6 projects, 4 of which are already delivered. It has also gone beyond the UAE with landmark projects in KSA and Egypt
--------------------------------------
posted today on Cayan's website

rags
October 22nd, 2008, 02:48 PM
Award for Silverene, known already, but posted now on the site, after the week-end ceremony (caption though is wrong).

http://www.cayan.net/thenews.php?id=35

Barracuda
November 2nd, 2008, 07:07 AM
Cayan mentioned a marketing campaign to me regarding the newly released floors. Any further informtation? I haven't seen anything so far...

buster007
November 2nd, 2008, 10:47 AM
Pixs taken around 5:30pm on Wed Oct 29.
All looks good here and we investors should be rest assured that this is going to be a truly impressive tower.


http://img142.imageshack.us/img142/4703/img0846xa9.jpg

http://img99.imageshack.us/img99/4880/img0844xh9.jpg

http://img230.imageshack.us/img230/2885/img0839jw4.jpg

http://img201.imageshack.us/img201/2264/img0835va9.jpg

http://img223.imageshack.us/img223/1091/img0834ls3.jpg

http://img45.imageshack.us/img45/2907/img0849yj8.jpg

Barracuda
November 2nd, 2008, 11:29 AM
No doubt on that one, but I need my money out unfortunately :(

rags
November 2nd, 2008, 05:25 PM
Cayan mentioned a marketing campaign to me regarding the newly released floors. Any further informtation? I haven't seen anything so far...
This is what I heard from Cayan:

The global conditions have affected the property market; prices have not started to go down but the market is slow and everyone is waiting. The avg price for silverene is 2200 per sq ft. We are holding any new releases till later.

jeetha
November 2nd, 2008, 07:49 PM
Blue colour is my favourite. From now on yellow is too.:banana::banana:
Thanks Buster for pictures.

jeetha
November 3rd, 2008, 10:54 AM
http://i34.tinypic.com/2hyi9w7.jpg

http://i38.tinypic.com/21dh7yu.jpg

jeetha
November 3rd, 2008, 10:56 AM
http://i35.tinypic.com/sy2hcy.jpg

jeetha
November 4th, 2008, 11:06 AM
http://i36.tinypic.com/122jjv4.jpg

jeetha
November 5th, 2008, 01:36 PM
http://i34.tinypic.com/2i7b5t4.jpg

jeetha
November 12th, 2008, 05:48 PM
http://i33.tinypic.com/29cqmpi.jpg

FWIW
November 12th, 2008, 06:48 PM
^^That is a great shot! :applause:

glover
November 14th, 2008, 09:19 AM
today, nov. 14. nice progress!!

http://img249.imageshack.us/img249/2069/img0218oo4.jpg

http://img404.imageshack.us/img404/8538/img0219ki0.jpg

http://img252.imageshack.us/img252/4908/img0217hc8.jpg

jeetha
November 14th, 2008, 10:24 AM
Bless you Glover – you’ve made my day.:banana::banana::banana::banana::banana:

buster007
November 14th, 2008, 02:15 PM
^^
Indeed .. amazing progress within the last two weeks. Should be out of the ground by year end.
Anyone interested in a 931sqft apt on the 20th floor Tower B at 1550psf .. pm me

jeetha
November 14th, 2008, 02:40 PM
^^Good price Buster, you should have no problems selling it. Why though! I would want to sell Bay Central and keep this one, unless you have a few more @ Silverenes.

Beppe786
November 14th, 2008, 03:41 PM
have too admit good progress over bay central. i think both of these were lunched near the same time aswell..

once both completed i would prefer bay central as its only 100 yards from the beach

jeetha
November 14th, 2008, 04:00 PM
have too admit good progress over bay central. i think both of these were lunched near the same time aswell..

once both completed i would prefer bay central as its only 100 yards from the beach

I do not want to start anything here :weird: but you just cannot compare Bay Central with Silverene. (Full Stop).

buster007
November 14th, 2008, 05:10 PM
I do not want to start anything here :weird: but you just cannot compare Bay Central with Silverene. (Full Stop).
^^
Hmm ..Bay Central vs Silverene .. Wannabes vs Proven developers. Track record of the developer sums the two projects up + Silverene would be completed by at least 3years before Bay Central even breaks ground. I pulled out of investing in Bay Central after reading the contract agreement. Even something standard in other developments like a fully equipped kitchen doesnt come with BC units.:ohno:

The only thing going for Bay Central is the location .. everything else from the developer, payment plan, minimal to no congress progress, 3-5 years delay from projected completion date makes BC a very bad investments.

Selling two Silverene units for a friend of mine .. No agency fees and price at least 200K -350K less than the current market price.

carpetking
November 14th, 2008, 08:15 PM
"Selling two Silverene units for a friend of mine .. No agency fees and price at least 200K -350K less than the current market price. "

why ???? Silverene is one of the best Towers ???

buster007
November 15th, 2008, 09:37 AM
"Selling two Silverene units for a friend of mine .. No agency fees and price at least 200K -350K less than the current market price. "

why ???? Silverene is one of the best Towers ???

Definitely, one of the best towers under development at the moment... no doubt. Just a matter of time to confirm, and location between the Dubai marina mall and yacht club make this an excellent investment. Not to add the Gourmet tower next door. Shopping, movies, water sports and dinning out options just a short 5min stroll away.

He's got an entire floor on Silverene and guess need some cash asap. A studio and 1BR up for sale at the moment. Average psf = 1600psf .. current market is 2100 -2200psf.

jeetha
November 15th, 2008, 06:59 PM
http://i36.tinypic.com/2i8ylie.jpg

http://i35.tinypic.com/110hda8.jpg

Pool in picture 1 looks different to Pool in picture 2.
Which is the right one??

buster007
November 17th, 2008, 12:43 AM
^^
Anyone's guess, but would say Pix 2 as this is what is displayed in the development sale brochure + the waterfall-like feature does not really look right

jeetha
November 18th, 2008, 11:08 AM
Change title to U/C.

AltinD
November 18th, 2008, 06:24 PM
^^ Not before the raft foundation is poured and the vertical columns start rising.

mlane
November 18th, 2008, 08:34 PM
thanks to everyone for posting the pics and information

anyway,i am in the middle at the moment and dont know whether to sell my studio on the 14th floor and make some money or wait.

its because of the economic crisis or anything like that but i am just thinkng at the moment

what do you guys think i should do,i am delighted i bought into this developement and would like someday to live in dubai but unsure whether i should make some money now if i sold or should i hold onto it

i have 10% to pay next month and after that is paid,i then own 50% of the total price.

Jeetha,send me a mail when u get a chance as well,its been a while since we emailed: or any other fellow owners

by the way,any other owners from Ireland bought here

thanks

m (lanemeist@gmail.com)

mlane
November 18th, 2008, 08:37 PM
i mean its NOT because of the global crisis that i am thinking of selling

that will solve itself

heatstor
November 18th, 2008, 08:46 PM
^^
Question you need to ask is what will you do with the returns.
Do you need the money?
Is there another investment that you think will give you better returns going forward?

mlane
November 18th, 2008, 09:16 PM
well i am not in dire straits at the moment and i am comfortable for now but will be skint again next month when i pay the 5th payment but will still have some money for good food and drink...ha ha

well with the returns,i could pay off some of my mortgage in ireland,i wouldnt put it in the bank as they will probably shut down at some stage with this crisis thing happening

or should i wait and have some mad party when we all move into silverene,now that would be some crack

True Blue
November 18th, 2008, 09:28 PM
^^ Not before the raft foundation is poured and the vertical columns start rising.

A bit severe Altin, as soon as they start laying the rebar for the raft then it is under construction by the people who will be there until the structure is complete.:bash:

I understand your caution with whats happening over on the BC thread. You would not want to be dragged into court for missleading the investors.

True Blue
November 18th, 2008, 09:33 PM
Night light theme for Silverene

Silverene owners and fans should check out the Dorrabay thread for the latest pics.

On La Residencia del Mar Cayan did not install a night light theme.
On The Jewels the night lights amounted to a few rows of uplights and neons on the spires.
On Dorrabay the entire building is fitted with neons which looks very glitzy.
What have they got planned for Silverene, lasers and neons and sweeping search lights?:)

Dubai Addiction
November 18th, 2008, 10:00 PM
I have a pic of Silverene towers @ my work which i will post tomorrow. I think it is in the early stages of design because the towers look quite different in the pic including spires

http://i38.tinypic.com/2ag1axi.jpg

AltinD
November 19th, 2008, 12:24 PM
... You would not want to be dragged into court for missleading the investors.

:lol:


:cheers:

mamoon100
November 19th, 2008, 02:04 PM
Early design pic resembles the Cayan Lamar project in Saudi along the Red Sea. Glad they changed it...the current simplistic design promotes a greater speed of construction and a greater and more sensible floor plan for those who have invested.

In terms of night lighting I find neon lights on balconies tacky. Sporadic starry spot lights far more upper class! Definitely agree with lasers and sweeping lights.

BC can have all the neon lights in Dubai!

momao
November 19th, 2008, 02:08 PM
Hi Silverenites,
The Dec2009 payment is comming up. However, there is still no news from Cayan with regard to the Escrow account. (Escrow is made mandatory by RERA). When I followed up last payment, they mentioned that this is in the pipeline. I would state that we should be worried if there is no escrow, since this will liquidate our negotiating power, in case of project delays or defaults by any contractors who work for Cayan.
Anyone has any update on this??

Barracuda
November 19th, 2008, 02:32 PM
No clue on the Escrow, but this pic above is a different project called Silver Stallion in Jumeirah Village...

AltinD
November 19th, 2008, 08:23 PM
^^ That clears everything up then.

jeetha
November 19th, 2008, 09:06 PM
^^^^Thanks True Blue:banana::banana::banana::banana::banana:
TITLE NOW .........UNDER C

Thanks AltinD too.

AltinD
November 19th, 2008, 09:41 PM
^^ Does it really make any difference? Will it rise quicker now that we changed the status in here?

bizzybonita
November 19th, 2008, 11:42 PM
Arabtec will finished it before MARINA PINNACLE TOWER ..

:runaway:

jeetha
November 20th, 2008, 10:20 AM
Arabtec will finished it before MARINA PINNACLE TOWER ..

:runaway:

You may be right Bizzy. Marina Pinnacle official completion date is June 2010
And Silverene official completion date is also June 2010.:banana:

Go Arabtec Go!..... :lol:

Arabtec are the best :bowtie:

Speed is one thing, Quality matters too.

AltinD
November 20th, 2008, 08:24 PM
Even Bay Central will be completed before Marina Pinnacle

jeetha
November 20th, 2008, 09:09 PM
^^you joking <right???>

buster007
November 21st, 2008, 05:03 PM
From the Cayan website .. price just dropped from the 1.4Million mark ..

#SR1604A CAYAN Silverene Apartment 1 Pool 637 Sq.ft AED 1,195,100/

dubaiquote
November 21st, 2008, 05:33 PM
The reason the price is dropping is not completely something to worry about, people have payments coming up and some who may have bought as an investment need to get out as they cant make the next payments and hence are lowering the prices on Silverene and other Cayan stock to try and sell before the payment is made.... On top of that Amlak have stopped giving finances so its all a bit in the air at the moment so prices will drop

buster007
November 21st, 2008, 08:03 PM
^^
Agree .. all to do with current economic downturn and the fall in exchange rates, notably the pound against the dollar. Long term prospects in this development are largely positive. Once the Dubai Marina mall opens and Silverene breaks ground, it would be a desirable investment/purcahse.

jeetha
November 27th, 2008, 07:56 PM
http://i36.tinypic.com/2eqbfh1.jpg

bizzybonita
November 28th, 2008, 11:38 AM
speedy progress ...

Dubai_Steve
November 30th, 2008, 05:24 PM
http://i37.tinypic.com/2d9e78x.jpg

jeetha
November 30th, 2008, 09:52 PM
^^ Love that picture ~ Thanks Dubai Steve.
Taken a week ago (23/11/08).

jeetha
December 2nd, 2008, 12:42 PM
http://i38.tinypic.com/6zvatg.jpg

Imre
December 2nd, 2008, 03:15 PM
02/December/2008

Silverene

http://img517.imageshack.us/img517/8990/imresolt083eo6.jpg (http://imageshack.us)

http://img179.imageshack.us/img179/158/imresolt084tn1.jpg (http://imageshack.us)

http://img517.imageshack.us/img517/8792/imresolt085sq6.jpg (http://imageshack.us)

http://img201.imageshack.us/img201/6637/imresolt086gv6.jpg (http://imageshack.us)

heatstor
December 2nd, 2008, 11:14 PM
Now thats visible progress!

True Blue
December 3rd, 2008, 12:14 AM
First pile cap raft has already been poured and second one is due in less than a week, by the looks of things.

Eid holidays may slow things a little.

True Blue
December 9th, 2008, 08:19 PM
Saturday 6th Dec,

Compare these pics to the Sept pics and check the progress in 3 months:okay:

http://img81.imageshack.us/img81/3904/p1010011qx1.jpg (http://imageshack.us)

http://img254.imageshack.us/img254/8959/p1010013ov7.jpg (http://imageshack.us)

Check out the thickness of this raft, look closely and you can see steelfixers working inside the rebar cage. Must be 3 metres thick.
http://img143.imageshack.us/img143/2798/p1010017cx9.jpg (http://imageshack.us)


Look at the back of this picture looks like they are forming an underground water storage tank. I could be wrong but it looks like it to me.

http://img338.imageshack.us/img338/361/p1010015pw0.jpg (http://imageshack.us)

True Blue
December 9th, 2008, 08:24 PM
Arabtec slipform team were on the road unloading slipform components so will be rising very soon.

buster007
December 9th, 2008, 08:50 PM
^^
Wow .. Check out the labor force on the ground. Thumbs up indeed with the progress over the last three months.

26 odd floors in Tower B and 36 floors in A. At say 3-4 floors per month .. this should be topped out easily by Dec 2009.
Am happy ... hehe .. Thanks True Blue

jeetha
December 9th, 2008, 09:12 PM
Thanks ~ True Blue.

mlane
December 10th, 2008, 10:31 PM
i am so happy and grateful that those great pics have been posted

being back in ireland,this is my only information from you guys

i was even thinking of selling but now i am not,until my next freak attack

paid the last installment so free until june next year for the next payment

roll on when we can all meet up for the opening party

drinks will flow i say

dubaiprojects
December 12th, 2008, 12:59 PM
I see one empty land behind silverene, I wonder what will be built there? I mean this is the only empty plot i see in marina map? Any clues???

buster007
December 12th, 2008, 01:29 PM
^^
perhaps, the only negative with Silverene, i believe. It's neighbour is the West Avenue project by SP. Negative cos this plot is bound to remain as it for a very loooooooong time.

Imre
December 12th, 2008, 04:02 PM
I see one empty land behind silverene, I wonder what will be built there? I mean this is the only empty plot i see in marina map? Any clues???

http://www.skyscrapercity.com/showthread.php?t=664526

this one going to be there , after 10 years maybe:)

True Blue
December 21st, 2008, 03:39 PM
In the words of Select Properties "unprecedented progress":lol:

http://img220.imageshack.us/img220/3904/p1010009za2.jpg (http://imageshack.us)

Slip form ready to start rising.
http://img213.imageshack.us/img213/2789/p1010010bw5.jpg (http://imageshack.us)

Tower B raft slab pour very soon and already setting up the table forms for first suspended floor on tower A. The "tank" roof slab getting formed also.

jeetha
December 21st, 2008, 04:38 PM
:) Love it…..when TB goes to Dubai.

Bless you.

dubaiprojects
December 21st, 2008, 11:11 PM
Just finished the December installment and feels so good at seeing these pictures.... happy prosperous new year to all.

Kind Regards

Imre
December 22nd, 2008, 10:16 AM
22/December/2008

Silverene and Marina Quays from the Marina Mall terrace

http://img187.imageshack.us/img187/7290/imresolt27qu6.jpg (http://imageshack.us)

http://img364.imageshack.us/img364/5437/imresolt19sz6.jpg (http://imageshack.us)

belgianman
December 22nd, 2008, 12:09 PM
i am the owner of an appartment in block b, now when the marina mall is getting finished so the construction of silverene will get faster,june 2010 is impossible not?

True Blue
December 26th, 2008, 11:47 PM
Arabtec make the grade.

Arabtec has acheived the target that I hoped to see for the end of the year. They have now poured the concrete to both pile cap rafts.

Taken midnight 26th/27th Dec.

http://img253.imageshack.us/img253/2403/p1010030vr4.jpg (http://imageshack.us)

Two more tower cranes were being footed so a minimum of 5 tower cranes on this site soon.

Mavekris
December 27th, 2008, 11:03 AM
^^Great Pics TB,undoubtedly arabtec is the best:)

bizzybonita
December 27th, 2008, 08:54 PM
Arabtec all day :)

mlane
December 29th, 2008, 05:59 PM
those pictures are great,the way things are going,we should see huge progress in the first few months of 2009

happy christmas to all and best new year

hopefully in 2 years time,we will be having a few drinks at christmas in our apartments

jeetha
January 5th, 2009, 10:25 AM
http://i41.tinypic.com/1rbtl0.jpg

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

mlane
January 5th, 2009, 10:15 PM
thanks Jeetha

they are moving fast and we should see some great progress over the coming months

jeetha
January 5th, 2009, 11:08 PM
^^Yes! can’t wait. It’s all in Arabtec’s hands now…. if we could complete by June 2010 would be great.

buster007
January 6th, 2009, 08:17 PM
^^Yes! can’t wait. It’s all in Arabtec’s hands now…. if we could complete by June 2010 would be great.

Should be achievable. Should be topped out by Oct if progress/labour force is maintained :)

hamedib
January 13th, 2009, 03:58 AM
Hi, a fanatastic tower by Cayan, I think these towers would be the iconic towers in Marina, Cayan is saying it will reach 20th floor by august as Arabtec are doing so well on schedule.
Is just a shame I have to sell it because of my finicial problems, anyone interested please let me know, is 1 BR on 20th floor in Tower B.