http://i41.tinypic.com/1089pwg.jpg

http://i43.tinypic.com/fdvo5u.jpg

http://i40.tinypic.com/2d1203p.jpg

Thanks CBP :)

Good progress. In all these pictures, however, the adjacent buildings such as Gourmet and the Marina Mall look quite empty. Am I incorrect? Any comments?

Correct me if I am wrong but I think the Gourmet Tower is not yet operating. I don't know when it will. As for the Mall, this is just a small one, mainly serving the needs of the marina residents. I would not expect large numbers of visitors at this mall, as it happens with Mall of the Emirates or Dubai Mall, where every single Dubai tourist go even just to see them. However, the Marina mall is very convenient and while I was in Dubai, 10 days ago, I visited the mall a couple of times. It was not crowdd but neither was it dead empty. People were seen shopping or eating at its' food court. I guess it will do a lot better when the cinemas are open and when, eventually, the various marina and JLT projects are complete and receive their residents.

Anyone knows what is planned for the site right behind Silverene towers?

West Avenue

No quick recovery for Dubai according to this report...http://www.ameinfo.com/193895.html
Rental market will be a particular concern..

West Avenue

Thanks Barracuda..What do we know about this project? How high the building is going to be and who is developer?

Thanks

No quick recovery for Dubai according to this report...http://www.ameinfo.com/193895.html
Rental market will be a particular concern..

Lucky for some there will always be a good niche projects that will not be affected that much... Silverene is one of them.

What do we know about this project? How high the building is going to be and who is developer?


^^http://www.skyscrapercity.com/showthread.php?t=664526&page=5

^^http://www.skyscrapercity.com/showthread.php?t=664526&page=5

Thanks.

Hi Jeetha ~ just sent thru some photos 25.4. at 4:00.
Amazing progress. Flickr has closed in UAE so no link. :-<

^^ Thanks Arak. It's Saturday & they are working.:banana:

http://i40.tinypic.com/2j632tz.jpg

http://i43.tinypic.com/2zyflo9.jpg

Friday.

http://i42.tinypic.com/2qizic3.jpg

LATEST FROM SILVERENE......

Recieved today,

http://i40.tinypic.com/1z4wm4y.gif


http://www.gulfnews.com/business/Construction/10297744.html

Looks good, and now only 2 more small payments (10%) till completion. :cheers:

Good news!

Does anyone know about the available properties in Silverene, as shown at Cayan's web-site.

I am wondering if they are units never sold from the launch time, or units which were initially sold and their purchasers are selling them now with Cayan'a assistance ?

I am curious why there is such a big difference in the price of similar size units, specially the 1-bedroom 931 aq.f. ones (regardless their position and view).

The Apartments on the website are all resales. Some listed them in the good times and maybe can't go down, because they bought on resale.
The 931 sqft one beds are around 1.3 to 1.4 million now. The one for 841,000 has the worst view. Also with other companies this big difference can be seen. Dwellings for example has the good views for 1.5 and 1.6 and the back units for original price, as low as 800,000

A few for you jeets.
http://i39.tinypic.com/6f07.jpg

http://i42.tinypic.com/2n809if.jpg

http://i39.tinypic.com/2v28wuo.jpg

http://i41.tinypic.com/2s84sxw.jpg

http://i43.tinypic.com/5bsb9s.jpg

http://i41.tinypic.com/jacfvs.jpg

http://i42.tinypic.com/2rm36o7.jpg

http://i42.tinypic.com/2qd4ks2.jpg

Thanks Pete. :)

Bang goes my cover.

02/May/2009

Silverene

http://i42.tinypic.com/33wtzrs.jpg

http://i41.tinypic.com/311t5bo.jpg

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

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http://i41.tinypic.com/2lus3mu.jpg

http://i43.tinypic.com/148df7q.jpg

http://i41.tinypic.com/28sq438.jpg

^^

Wow, this is going up at a rate of a floor a week! :banana:

The activity on this site is just amazing. It'll long be finished before Bay Central

Also before the handover date of Marina Pinnacle tower which is unknown .

If the progress continues at this rate, the handover could be September 2010? Is this reality?

Freaking amazing activity!! If I saw 20% of those workers at Bay Central I would be happy........

If the progress continues at this rate, the handover could be September 2010? Is this reality?

It is possible! We will have a better idea by Sept 09. It is difficult to judge this one as the progress looks to be better than normal at the moment.

Lol, I can't believe I put this on hold for a few days back a few months ago. :nuts:

Lol, I can't believe I put this on hold for a few days back a few months ago. :nuts:

Blame Imre, his english let him down. Someone told him Silverene is on holiday, he heard Silverene is on "Hold".:lol:

Blame Imre, his english let him down. Someone told him Silverene is on holiday, he heard Silverene is on "Hold".:lol:

yes, but I just asked :) I have heard the Infinity but it was a bad gossip.

few workers still there but some parts already covered with plastic, going to be ON HOLD ?

07/March/2009

Does the floor counting for the residential units start from what we see now as level 1, or some first levels are just common areas and the residenses will starta from a higher level ?

^^marina level = B1; road level = GF

^^apartments start on level 2

Thanks for the info. Soon enough I hope to see my unit's level (6) being built.

More good news, quoting from arabianbusiness.com

"Relocation within Dubai primarily involves residents in low cost areas like International City and Discovery Gardens moving to premium areas like Dubai Marina.

Rents fell between nine and 41 percent, depending on the area.

Dubai Marina was the most popular area for leasing, accounting for 30 percent of all new annual lease contracts in the city".

^^
Always two sides to every story. Safe to say - Silverene would be a highly desired tower to live in ...

http://blogs.thenational.ae/crane_country/2009/05/out-the-marina-in-discovery-gardens.html

Discovery Gardens is the place to be these days. Brokers at Better Homes reported that more than 300 people showed up to their open house last weekend, and now Sherwoods is reporting that the low prices at Discovery Gardens -- like the positively reasonable 40K studio rentals in the chart above -- are making it more popular than previous hotspots like the Marina and the Greens. ..

OK, I agree if the main criterium is the price. However, if you need both a desirable location and a reasonable rent, I think Marina is unbeatable, not to mention what I believe Silverene will be.

http://i42.tinypic.com/21c7ehg.jpg

http://i42.tinypic.com/10die5i.jpg

http://i40.tinypic.com/nn5yfk.jpg

Can any one post few closeup pictures of the projects. From cayan website, seems the building is all glass from exterior, what about balconies? and dont they require extra aircon to cool the room as opposite if walls were of concrete with insulation?

Just a thought, the building looks more like a commercial one rather than residential with all outside covered with glass....???
Cheers

There are balconies, not all around each floor. You can confirm that by checking the floor plans at Cayan's site. I think the balconies are at the side faces of each building.

There are balconies, not all around each floor. You can confirm that by checking the floor plans at Cayan's site. I think the balconies are at the side faces of each building.

Actually I know there are from the floor plan. I was hoping to see some closeup graphical images of the finished building if there is.

Cheers

One of the few pleasant thinks when the weekend is over and I am back at work on Monday, is that I see the new photos posted by some of you guys, showing the week's progress.

Have a nice weekend. Let's see what we will see on Monday.

rising fast, already visible from the SZR as well

15/May/2009

Silverene

http://i39.tinypic.com/fkmh6s.jpg

Can anyone with construction knowledge explain why despite the fact that a huge amount of work is going on and progress being made, the cores (the central shafts) do not seem to be moving very fast. I am sure theres a perfectly good explanation I just wondered what it was?

The progress here and at Infinity is second to none at the marina. The core or slip form only needs to be a couple of floors above the floorplate. As you will see the cranes are always a few floors above the core. If you had the core 10 floors above the floorplate then so would the cranes have to be to service the core. There would be no place to tie the tower cranes to as these are fixed to the floorplate not the core. TB may want to add more. Some developers shoot the core up prior to a payment due, to lure investors into false sense of security. The core can move every 2 days when needed.

Charlie the Infinity core is significantly advanced above the floorplate compared to Silverene?

Charlie the Infinity core is significantly advanced above the floorplate compared to Silverene?

That may be necessary to maintain the alignment control. The core on Infinity is circular so maintaining a reference point on the rotation of the floors on the core might only be possible by the setting out engineer sighting the core from the ground. The core would need to remain visible so needs to be well above the floors. Rectangular cores just need to be kept plumb using plumb lasers attached to the slipform.:dunno:

The only thing I can think of, as there is no other benefit of having the core much more than a couple of floors ahead. There are safety issues in having it too far above the floor construction.

http://i41.tinypic.com/2j1rln9.jpg

http://i40.tinypic.com/245ehvl.jpg

That may be necessary to maintain the alignment control. The core on Infinity is circular so maintaining a reference point on the rotation of the floors on the core might only be possible by the setting out engineer sighting the core from the ground. The core would need to remain visible so needs to be well above the floors. Rectangular cores just need to be kept plumb using plumb lasers attached to the slipform.:dunno:

The only thing I can think of, as there is no other benefit of having the core much more than a couple of floors ahead. There are safety issues in having it too far above the floor construction.

That's quite possible. I also thought that as Infinity's weight will be out of centre temporarily (until the full height is constructed) it might help to have the core a bit more advanced for balance...

Just returned from Dubai, lots of pictures to post. Silverene is coming along nicely.

http://i39.tinypic.com/52hmpy.jpg

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http://i43.tinypic.com/11r7osi.jpg


http://i42.tinypic.com/15nq4ac.jpg

I have taken lots of pictures, its taking for ever to post them & I’m running out of energy…… Don’t know how Imre does it??????????.

http://i42.tinypic.com/30aucl1.jpg

http://i41.tinypic.com/i38h2a.jpg

http://i43.tinypic.com/2qtl9h0.jpg


http://i43.tinypic.com/2445yzd.jpg

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http://i44.tinypic.com/3538i7a.jpg


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http://i44.tinypic.com/213gh1h.jpg

Excellent progress!!!! cant wait to see completion of my floor 18th.
By the way, just below 18th floor, there is some sort of machine room, what is it? and will it affect the residents of 18th floor in any way? (rental, noise, heat etc?)
cheers

http://i40.tinypic.com/1zfpvr4.jpg


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

24/May/2009

Silverene

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

http://i42.tinypic.com/33l12qe.jpg

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

http://i40.tinypic.com/35kkin7.jpg

http://i43.tinypic.com/zk1rf9.jpg

Thanks Imre

1 floor per week.

If they keep at this pace, Tower B should toped out in 4 months by end of September.

What will be the maintenance charges per sqft for silverene? I guess AED 10/-
I came to know from a friend of mine that icon towers is at 17 aed psf. How come jlt is so higher than marina?


cheers

Cayan are one of the better once, when it comes to maintenance charges.

It’s too soon to worry about it…….. but might be around that.

So If I decide to move into my 3 bed silverene apartment, I will have to pay between 20K-30K maintenance charges and considering the rent going down, I should have an extra 1 bed apartment in marina just to generate the maint charges for silverene :-(
cheers

20K-30K maintenance charges (per year).

20K-30K maintenance charges (per year).

Ofcourse It is yearly :-)

When you rent the apartment, is it acceptable to agree that the tenant will cover the maint. charges or not ? Furthermore, if it is acceptable as a term, is it a usual arrangement or it is more often that the owner pays for the charges ?

The owner always pays for the charges, but for rental purposes you should switch to a smaller unit anyway. 1 bedrooms are the most popular, easiest to rent out and give the highest return

Does anyone know what will go up in the vacant lot opposite Silverene, between Silverene and Sheikh Zayed Road?

West Avenue by Select Group
http://www.skyscrapercity.com/showthread.php?t=664526

^^Could be a mosque, a park, twisting tower…no idea. A very small portion is/was sold to Select group (West Avenue), it might go ahead or could be cancelled??????. So who knows.

The owner always pays for the charges, but for rental purposes you should switch to a smaller unit anyway. 1 bedrooms are the most popular, easiest to rent out and give the highest return

Thanks, mine is an one bedroom. I am very qurious to see how the market will be by the time Cayan hands the units over to owners.

Ah ok, then you should be fine as the maintenance will only be AED 10,000
Therefore the rental return will be very good, I would even say better then the Emaar projects since they pay very high maintenance fees.

Another interesting think with rental agreements in Dubai is if the owner can agree on a rent in Dirhams which should not be less than a certain amount in an other currency, e.g. the Euro.

This is quite important since many owners in Dubai, who are renting or plan to rent their units are ex-pats and since AED is not very steady, at least against the Euro and other currencies except for the USD.

It would be very convenient if in the rental agreement it could be stipulated that "the annual rent is i.e. the AED equivalent of 25.000 Eur. according to the official rate by the day of payment". Such terms are quite usual in other countries where the local currency shows certain fluctuation, as in Serbia where I have personal experience.

Another interesting think with rental agreements in Dubai is if the owner can agree on a rent in Dirhams which should not be less than a certain amount in an other currency, e.g. the Euro.

This is quite important since many owners in Dubai, who are renting or plan to rent their units are ex-pats and since AED is not very steady, at least against the Euro and other currencies except for the USD.

It would be very convenient if in the rental agreement it could be stipulated that "the annual rent is i.e. the AED equivalent of 25.000 Eur. according to the official rate by the day of payment". Such terms are quite usual in other countries where the local currency shows certain fluctuation, as in Serbia where I have personal experience.



If you are a tenant would you accept this?

no way..

You are blaming the Dollar here, as the Dirham only rises and falls because of the dollar. So the instability comes not from the Dirham, it comes from he Dollar and with the US being so unstable you can not accept anyone to take over that risk for you

If you are a tenant would you accept this?

no way..

When somebody has income in a certain currency, he bears the risk of increase or decrease of the value of the currency against other world currencies. Everybody is trying to avoid that risk, but it is a matter of each country's usual terms of business who is finally bearing this risk.

As I said, I have some experience from Serbia, where I patly operate. There, emploees agree their wages in Dinars but based on a certain equivalence with EURO, so the employer pays in Dinars a higher or lower amount depending on the EURO / dinar rate by the date of payment.

A tenant in Dubai, each time the dollar and therefore the AED falls against i.e the EURO, faces losses in his every day life, as all things imported in Dubai and invoiced in EURO (that is a lot of staff) become more expensive.

I agree it is difficult for this to be accepted by a tenant, since renting an apartment is like receiving a service which is locally produced, so why should the tenant care if the owner wants to be sure how much he makes in EURO or any other foreign currency. However, it does happen like this in some places in the world. If this is not the case in Dubai, of course I will accept it. Anyway, till then, I am happy since the fall in USD means that I will pay less EURO to buy AED for my SILVERENE June's installment.

Any new photos this week ?

http://farm4.static.flickr.com/3628/3581457806_67804f8d17_b.jpg

Hi guys,
Let me share some recent photos with you..
http://i39.tinypic.com/f25ul5.jpg

http://i42.tinypic.com/392rm.jpg
http://i39.tinypic.com/27y1sg6.jpg
http://i40.tinypic.com/xaxevq.jpg

A lot of activity for Friday morning... Buildings are now reached 7th floor..

Lovely updates. Thanks Sarah.

My guess pictures were taken on Friday 29th May…right?

Keep them coming.:cheers:

Lovely updates. Thanks Sarah.

My guess pictures were taken on Friday 29th May…right?

Keep them coming.:cheers:

Correct, although pictures were taken at different times of the day...

http://i43.tinypic.com/1hb8f8.jpg

http://i44.tinypic.com/307n90x.jpg

http://i44.tinypic.com/307n90x.jpg

http://i40.tinypic.com/2r6mdtj.jpg

Thanks CBP. :)

When not too hot to walk. Love to see some close-ups.

http://i41.tinypic.com/2i8i4wo.jpg

http://i40.tinypic.com/2d94p03.jpg

04/June/2009

Silverene

http://i40.tinypic.com/206y1xc.jpg

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Haha, that's fantastic!
The one bedroom on the left corner is my favourite, it has the best position to get the most of the sun plus it has Marina, sheikh zayed and JLT skyline view and if it's high enough (10 or higher) it will look over the Majara onto the Yacht club. Not that I have one :(

How is the view from tower A, 18th floor, 1802 apartment?
Cheers

It has the same benefits in tems of having the view over the Yacht Club, sheikh zayed road and the jlt skyline. The Apartment I mentioned has the benefit of also seeing the Marina in Front of Silverene, the pool area and of course Tower A, hence a look on one of the 2 best towers in the Marina ;)

http://i40.tinypic.com/14mdpo2.jpg

http://i43.tinypic.com/rr7fix.jpg

http://i42.tinypic.com/sbr790.jpg

http://i42.tinypic.com/vhba61.jpg

http://img168.imageshack.us/img168/3568/silvereneupdate.jpg (http://img168.imageshack.us/i/silvereneupdate.jpg/)

This is unbelievable and several Silverene units have actually been sold at a premium last 2 weeks. Probably the only safe off-plan investment in the marina at the moment!!!
Rentals still holding well. Just rented out Al Majara 5 for a year and Marina Sail for another year; both 2 bed..... So not all bad news!!!

This is unbelievable and several Silverene units have actually been sold at a premium last 2 weeks. Probably the only safe off-plan investment in the marina at the moment!!!
Rentals still holding well. Just rented out Al Majara 5 for a year and Marina Sail for another year; both 2 bed..... So not all bad news!!!

You are absolutely right. I also sold my Silverene Apartment and I'm very sad I could not keep it, but still made an impressive Premium!!!

Deleted, Sorry for this.

Do you have any idea of the height of the restaurant tower (still not operating), on the left side of Tower B ? Which floor will have a view above it ?

new board :)

12/June/2009

Silverene

http://i40.tinypic.com/25ugo7s.jpg

http://i44.tinypic.com/14j1esk.jpg

http://i43.tinypic.com/219nqsn.jpg

http://i44.tinypic.com/j95vo1.jpg

http://i40.tinypic.com/2ng7o12.jpg

http://i39.tinypic.com/68668k.jpg

The construction progress is hard to believe... I means its terrific but too bad, by the time silverene is built, we will still be in recession and probably worse than current. I just read news today that the property rates will further go down in the next months.
I wonder what would I do with my apartment, i wont be able to sell it at loss because I bought it for 1350 aed psft and no way i will be able to sell it in that range for a long time. And then I might just get lucky to rent it out, although that would be too hard keeping in mind continuous expat exodus and falling rental incomes (against maint charges) .

So any one out there, can suggest some sort of a plan that I can make somewhat better use of the apartment?

Cheers

just relax and wait, it wont be ready before 2011 , so you have still time!

^^Exactly!!

Thanks Imre for Pictures, particularly the closed-up once. Looking very solid

The construction progress is hard to believe... I means its terrific but too bad, by the time silverene is built, we will still be in recession and probably worse than current. I just read news today that the property rates will further go down in the next months.
I wonder what would I do with my apartment, i wont be able to sell it at loss because I bought it for 1350 aed psft and no way i will be able to sell it in that range for a long time. And then I might just get lucky to rent it out, although that would be too hard keeping in mind continuous expat exodus and falling rental incomes (against maint charges) .

So any one out there, can suggest some sort of a plan that I can make somewhat better use of the apartment?

Cheers

You have nothing to worry about if you can make the next two installments i.e June 1st and Dec 1st 2009 of just 10% of original price. After that, it's a year's wait to see how the market develops. It's hardly money down the drain and the quality finish assured from this development, it's proximity to the Mall and yacht club would make it a highly sort out development to live in or sell once completed. Go have a kit-kat, relax .. this is not some SELECT property :lol.

Thanks Imre for the pics .. seems like the internals are coming along nicely .. we may not have to wait till Dec 2010 for handover

Not many workers on the last pics, I guess this was on a Friday?

SILVERENE 12/06/09

http://i39.tinypic.com/2vjzry9.jpg

http://i43.tinypic.com/2qsxaa1.jpg

^^ Thanks for your comforting comments, still its always better to have Plans.
Just paid June installments and now working out to plan for the december one.
I bought a 3 bed and its a lot of money, so I was little nervous.

Cheers

^^ Thanks for your comforting comments, still its always better to have Plans.
Just paid June installments and now working out to plan for the december one.
I bought a 3 bed and its a lot of money, so I was little nervous.

Cheers

To have a plan or to have alternatives will NOT really help. Any off plan project in Dubai is a considerable risk. It is a very unlikely that the property market will ever be the same again in Dubai... Having said that, Silverene has everything going for it, good developer, the best construction company, good location, etc.. So you really have just a two options: a) Sit and wait and hope for the best or b) sell now and invest money elsewhere. There are no other options available...

To have a plan or to have alternatives will NOT really help. Any off plan project in Dubai is a considerable risk. It is a very unlikely that the property market will ever be the same again in Dubai... Having said that, Silverene has everything going for it, good developer, the best construction company, good location, etc.. So you really have just a two options: a) Sit and wait and hope for the best or b) sell now and invest money elsewhere. There are no other options available...

Thanks for your suggested plans. Even I am able to sell (which is quite difficult for a 3 bed), where will I invest during these times? crises is everywhere....
Sitting and hoping for the best is not a plan as a plan needs actions thats sort of what I was looking for.
Cheers

Thanks for your suggested plans. Even I am able to sell (which is quite difficult for a 3 bed), where will I invest during these times? crises is everywhere....
Sitting and hoping for the best is not a plan as a plan needs actions thats sort of what I was looking for.
Cheers

Well you can get 5% interest on savings in the banks these days and quite frankly that is at the moment a better deal than investing in property.. As I said, there are no action plans as I can see it.. You either take it as a long term investment or get out of it and put money in the bank.. Perhaps someone else has a better idea..

just relax and wait, it wont be ready before 2011 , so you have still time!

We will see. I think this could be done by Sept 2010.

Will have a better picture by end of this year.

We were in a discussion about the current global crises and its impact on the GCC in a group of locals. Two of the locals from Qatar ad Saudi economists said that GCC will not go further down and that GCC will be ok as the shaikhs wont allow it to go down, stakes are too high and we expats who have invested in dubai property should not worry, however it will never be the same again but it wont crash as people predict the extreme eventuality. It will start to recover by last quarter of 2009.
I just listened to them and gave no comments, thought i would share this talk with you guys as the locals were business officials.

Cheers

They are right, but it takes no genius to see that. They can be fairly confident since they have the means to influence their own regions more than any governemnt bailout in the US or Europe could influence their situation. The economy could be influenced by attracting foreign companies, which was the strategie from the beginning but still has potential, just think about Bahrain's step regarding the local sponsor..., but that's only the extrem in case there is no other improvement in sight, but looking at my shares in the stock market, there are already enough good signs. Buy Emaar stock!!!!

They are right, but it takes no genius to see that. They can be fairly confident since they have the means to influence their own regions more than any governemnt bailout in the US or Europe could influence their situation. The economy could be influenced by attracting foreign companies, which was the strategie from the beginning but still has potential, just think about Bahrain's step regarding the local sponsor..., but that's only the extrem in case there is no other improvement in sight, but looking at my shares in the stock market, there are already enough good signs. Buy Emaar stock!!!!
Shares Business is not my area, always kept away from it. I have some invested in mutual funds though.


Cheers

18/June/2009

Silverene

http://i39.tinypic.com/9an41t.jpg

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24/June/2009

Silverene

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A good start to a day.

Thanks Imre.

Just the eleventh floor:bash:

At this rate it is going to take to the end of this year to top out. That means a full year to build the structure, disgraceful!!

It's been over 6 months now since they started construction here and all they have managed is;

A few thousand tons of steel and concrete in the raft slabs
Construction of the basements
Construction of the podium
Construction of 8 or 9 floors of the main tower structures
Blockwork walls
Ventilation and A/C ductwork installation
First fix mechanical plumbing and electrical installation.
Fire sprinkler pipework
Plastering to the walls and ceilings
Paintwork to the walls and ceilings

Just so disappointing:cry:

If you want to see how things are done visit the Bay Central Thread. BC will be the best development in the marina when it's finished. A guy from the gun club told me so:okay:

^^Boredom.

Need to get back to Dubai soon before I lose my mind:nuts:

Just the eleventh floor:bash:

At this rate it is going to take to the end of this year to top out. That means a full year to build the structure, disgraceful!!

It's been over 6 months now since they started construction here and all they have managed is;

A few thousand tons of steel and concrete in the raft slabs
Construction of the basements
Construction of the podium
Construction of 8 or 9 floors of the main tower structures
Blockwork walls
Ventilation and A/C ductwork installation
First fix mechanical plumbing and electrical installation.
Fire sprinkler pipework
Plastering to the walls and ceilings
Paintwork to the walls and ceilings

Just so disappointing:cry:

If you want to see how things are done visit the Bay Central Thread. BC will be the best development in the marina when it's finished. A guy from the gun club told me so:okay:

You got to be joking right???
I wish both BC and Silverene to succeed in good time.
Cheers

TrueBlue: Really, I am a apartment owner in Quays, so both next to BC and Silverene and I tell you, every single day I pass Silverene I could spare some tears .. really, the progress in relation to other developements, yes Quays, is AMAZING!

^^Boredom.

Need to get back to Dubai soon before I lose my mind:nuts:

Yes! I think you should. :lol:

Dubaiprojects & Tightness read it again, I think you have misunderstood what he said.

Be lovely if someone could do a video of Silverene with all 2000 Arabtec anthill mob and post it here,:cheers:
like the one Imre did for Torch.

26/June/2009

Silverene

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26/June/2009

Bay Central and Silverene

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^^ C'mon the light blues.:cheer::laugh:

Today

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Be lovely if someone could do a video of Silverene with all 2000 Arabtec anthill mob and post it here,:cheers:
like the one Imre did for Torch.

Thanks Bizzy. Tower B almost halfway.

big signboard!!

Boring boring boring!

YAWN!

:)
All these nice construction update pics are just so boring with this neat and tidy antics of Arabtec. People who are this well organised and tidy are psychological freaks. Can't remeber the name of this dissorder but David Beckham has it also with all his beers neatly lined up in the fridge with the labels pointing outwards.:nuts:

Obviously you need to have this mental dissorder to work with Arabtec.

Now what I really like is a site like Bay Central which just oozes caos. Reminds me of the Twin towers site..........................................................after they collapsed.:runaway:

http://img30.imageshack.us/img30/9370/img0271oar.jpg

Jeetha, you might have to help me out again with this one:)

^^All that sand gets to my eyes :nuts: every time I see BC pictures. Look at that picture and immediately you have to look away.

It’s more like they are demolishing it.:bash:

BC site is an utter disgrace, obviously DEC have been told to get cracking hence the progress with the central and west towers, but look at the cost.....will take a year just to clean the site let alone build the damn thing. Silverene makes me want to cry because I did not buy here....at least there are some proffesionals left in this business and everyone on this forum when buying in the future will know where to go....

http://i42.tinypic.com/xmsymg.jpg
http://i43.tinypic.com/21o7i2w.jpg

If all goes well tower B should be topped out end of September 09.

Total floors on Tower B are only 25 and we are now on 13.

So Tower "B" is halfway.:cheer:

TB, the disorder you're thinking of is called OCD (over compulsive disorder).

Cayan / Arabtec have professionalism, supreme organisation and most importantly - integrity.

No doubt this is also to Arabtec's advantage for any future tenders it may bid and even greater for us!

^^ OCD=OBSESSIVE compulsive disorder

fyi:-)

That's it!! Thanks guys:okay:

Arabtec are obsessivley well organised. Look at the difference in the site offices with Bay Central.

BC looks like a shanty town.

10/July/2009

Silverene

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Today

From DEC TOWER

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17/July/2009

Silverene

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Does anyone know when the walkway along the marina will open so we can walk between the yacht club and the marina mall? It will surely improve my walking options once that is open as I hate walking along Marina Drive with the crazy drivers there.

Does anyone know when the walkway along the marina will open so we can walk between the yacht club and the marina mall? It will surely improve my walking options once that is open as I hate walking along Marina Drive with the crazy drivers there.

Yes, this walkway will open as soon as Silverene is pretty much finished. Anticipate sometime during summer 2010 when the portacabins come down...

22/July/2009

Silverene

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Is it my idea or the last floor in Tower B is higher (floor to ceiling) than the previous ones ?

^^It does seems to be :) from the last pictures Imre took. Have to see more pictures to really know.

Wonder what those boxes are for?

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I think for putting plants and other greenery inside.

28/July/2009

Silverene

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^^big a$$ signboard!

^^It does seems to be :) from the last pictures Imre took. Have to see more pictures to really know.
I think the floor where the height looks bigger is the one meant for Plant room, etc.,.

Help needed.... does anyone else have apartments financed in Silverene by Am$lak. We have one, and Am$lak have unilaterally determined that cayan are not keeping to their construction timetable and therefore Am$lak are not going to pay any more instalments. Of course this is all done without any reason....

Cayan have issued a termination notice.... we dont want to terminate - and have have paid 50% but financed the rest....

Anyone else in same boat?

^^
If you have paid 50% Am$lak must have paid nothing for Cayan to issue a termination notice.
10% was due 1st June 09 bringing total to 60% as everyone else.

Not sure what the construction timetable is. So Am$lak have the timetable.

On the contrary Cayan keep saying they are ahead of their timetable.

original completion date was Dec 2009 , so there is small delays thats why the bank worried about:)

They should check the progress , I think the loan is not problem here.

original completion date was Dec 2009 , so there is small delays thats why the bank worried about:)

They should check the progress , I think the loan is not problem here.

Cayan is now quoting December 2010 as the completion date... One year delay, not really a small delay.. I think it is obvious that the bank wants out of this arrangement... You need to get lawyers involved quickly.. Also you need to pay that 10% June payment othervise Cayan would have right to terminate the agreement and you will lose what you paid so far...

On my contract, completion date is set for June 2010. I think December 2009 as completion date apeared only in some presentation leaflets during the pre-launch period, but this date was not entered in any contract.

Is there now any official anouncment by Cayan that the completion date will be Dec. 2010?

original completion date was Dec 2009 , so there is small delays thats why the bank worried about:)

They should check the progress , I think the loan is not problem here.
^^
I bought a few units here before the "Pre Launch" (Invitation only) and all my contracts state that "ANTICIPATED"completion was 30th June 2010. I was also told this from Cayan when I bought the units. If now the completion date is Dec 2010 then thats only 6 months delay, not that much. Maybe the finance company has cash flow problems? I thought that contracts can only be terminated by the land department and not by the developer?

^^

My contract states Dec 2010 as completion date. I think Jun 2010 is also very likely judging from the current state of progress. For example, Tower B is a 20 floor building and is currently on Floor 13/14. This should easily be topped out by the end of this year and internal fittings shouldn't take 1 full year with the current workforce. My guesstimate is handover Sept/Oct 2010.

I dont know but I found the completion date here:

February 5th, 2007, 08:55 PM

Good location but feel prices are high for off plan with no specification details. Completion Dec 2009 which means sometime after mid 2010.

Are Cayan getting greedy with these prices or are they realising that they have been under pricing when compared to Diamond Investments and their competitors on the opposite bank of the water, Dubai Select???

If Cayan are saying December 2010 then I don't envisage it being later than that.

I think Amlak are having their own problems. Was there not a similar post re Amlak on Infinity thread?

Anyway, could be causing problems for other buyers as I saw a 600ft studio on Alineah.com for 585,000AED. Looks like someone panicked into selling before they have it taken off them.

One day all bank CEOs will be hanging from ropes:bash:

^^got a letter from cayan saying that sept 2008 payment had not been made by amlak. contacted amlak today to ask why. the very helpful guy would only say that amlak have stopped payments on infinity and would not give a reason. something smells fishy - hope all is ok.

&

Well that is what happened with me. But Amlak explained that the project was on hold and the they have agreed with Cayan not to pay!!

Since then I have been chasing Cayan and absolutely getting no proper response. Their customer service is the worst I have ever seen.

Ok, have been in to see am$lack and cayan.

There is a Customer Service Manager at Cayan _ Catherine catherine@cayan.net she is the only person that will help. After discussing the issue with 5 inadequate people I managed to get through to the right person and she is.

cladding starts soon

31/July/2009

Silverene

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^^

Wicked .. Many thanks Imre.
Allow me to play "Slowhand" with the recent Silverene pix - Looking good and no doubt topped out by year end. With cladding mentioned to be starting soon, wont be surprise with a Mid 2010 handover. So so comfy and relaxed having invested in this baby. Well done Cayan - Maximum respect - Superdupa construction progress, top quality design and specs, marina mall/gourmet tower, Metro, Yacht club all within minutes walk and most importantly a comfortable 6-month payment plan which I haven't had any reason to wish it was linked to construction progress.

Emirates Towers II is taking shape :banana:

:cheers:

Have there been any recent studio sales in Silverene. What should the sqft rate be for this develpment.
I might have to sell my unit.

Ok, have been in to see am$lack and cayan.

There is a Customer Service Manager at Cayan _ Catherine catherine@cayan.net she is the only person that will help. After discussing the issue with 5 inadequate people I managed to get through to the right person and she is.

Ok .... so what did she say ??? did she give you any info on the amlak/cayan mess ????

Anticipated completion date on my contract is 30th June 2010.
Looking at work at present I say that is achievable. In fact I don’t mind if it was December 2010.

Was also going through contract for appliance as I had the file in front of me, (word for word) high quality refrigerator, washing machine and stove (Bosch, Siemens, Fisher & Paykel or equivalent standard)

Thanks Imre for pictures, you keep our dreams up.

its the same on mine jeetha,i think the progress is unreal for this project,working in the engineering business myself,i wish i could employ some of the workers and get rid of the waste of space that we have

if it went to the end of 2010,it wouldnt bother me really as it would give me more time to find funds

anyway thanks to everyone for keeping us informed of the progress

question though--when it is ready,how do you get all the furniture up to ur apartment,how does it work in dubai on tall buildings

i think that anyone that invested in this development has made a good choice

when its ready,i intend on taking some time off work and moving over to dubai for a bit and just enjoy it

can anyone tell me what to expect to pay per square foot in this develpement
anybody needing or looking to sell a two bed, please send me pm

Received a nice eMail from Cayan today saying that the funds remitted for the apt have been transferred to Escrow and that future payments as well must be made to the Escrow account.

Nice progress!!!

07/August/2009

Silverene

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09/August/2009

Silverene

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Silverene project shoots skywards
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http://www.constructionweekonline.com/pics-5974-silverene_project_shoots_skywards/0

^^Thanks Parisian Girl (a good find).:banana:

Kasem said that he considered Silverene to be a relatively 'easy' project to construct. 'From the way the towers look, from a structural standpoint, it's very simple,' he said of the RMJM-designed project. 'This will aid the project to meet its completion date in just 15 months time'.

Silverene, a two-tower project in Dubai Marina, broke ground in November last year. Already developer Cayan and contractor Arabtec Construction are working on the 14th floor of both towers.

Upon completion, Tower A will stand at 36 storeys, while Tower B will top out at 26 storeys. The plot size covers an area of 10,200 square metres.

Cayan chief development officer Ahmed Kasem is overseeing construction of the project from his temporary office on site. 'The progress that has been made to date is a big accomplishment,' he said.

Arabtec is employing around 1,250 labourers on site, all of whom are housed in accommodation nearby. The midday work ban is being observed onsite, and work in continuing late into the night to ensure progress.

Arabtec project manager Haitham Razzak told Construction Week that not a single lost-time injury had been reported onsite since ground was broken last November due to the firm's strict adherence to health and safety guidelines.

The project has existing developments on two borders, with the waters of Dubai Marina on a third border. An empty plot resides on the fourth border on which ground is yet to be broken. The increasingly tight spatial allowance across Dubai Marina has led to master-developer Emaar successfully staggering start dates for sub-developers.

Kasem said the constantly shifting staging area has been the biggest challenge faced during construction. 'As we finished one area, we moved the staging area, and then repeated the process,' he said. 'We need good stage planning.'

Efeco is the MEP contractor for the Silverene project. The company is a subsidiary of main contractor Arabtec. MEP works are continuing at pace across the project's lower levels to meet the scheduled October 2010 handover date.

A large podium area is under construction that will take up much of the large plot size. The mixed-use space will be for the benefit of residents in both towers, and will include a swimming pool and commercial facilities.

Tower A will stand at 36 storeys, while Tower B will top out at 26 storeys.

October 2010 handover date.

Welcome, jeetha :cheers:

Excellent project and the location is just great! Being literally a stone's throw away from Gourmet Tower and Marina Mall has got to have its benefits! :D

^^Thanks Parisian Girl (a good find).:banana:

........................................................................

The project has existing developments on two borders, with the waters of Dubai Marina on a third border. An empty plot resides on the fourth border on which ground is yet to be broken
..................................



Do they really need to rub it in about the West Avenue site being dormant while they steam ahead.:)

Tower A will stand at 36 storeys, while Tower B will top out at 26 storeys.

October 2010 handover date.

I think this is one month later than I had estimated was possible. Not impressed Arabtec, get the finger out :bash:

:laugh:

Welcome, jeetha :cheers:

Excellent project and the location is just great! Being literally a stone's throw away from Gourmet Tower and Marina Mall has got to have its benefits! :D

Trust women to see these particular benefits whereas the guys are looking at how close the metro and tram stations are for getting to work.

I suppose the beach is just over the bridge and through the lane, don't forget your sun tan lotion and camera;)

Yesterday

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Trust women to see these particular benefits whereas the guys are looking at how close the metro and tram stations are for getting to work.

I suppose the beach is just over the bridge and through the lane, don't forget your sun tan lotion and camera;)

How patronizing! :shocked: A small tip: it's NOT a very attractive trait to women. ;)

You guys ain't the only ones working you know! :nuts: :hilarious I work hard and long hours so when I have some free time I like to indulge myself. Why not huh!? I mean, what the hell did they build GT and MM for anyway!? :lol:

No worries, it's all checked! I never leave home without my little friends and accessories. ;) :D

P.S. btw, you an investor here TB? :cheers:

wow,thats great progress i must say,thanks for keeping us all informed

Parisian Girl,do you live in paris ,i am working down the road in belgium so that i can pay for my silverene apartment

so when do we expect the project to be finished completely and handed over

Jeetha

who said October 2010 handover date??

ok i found it

i dont mind that date to be honest,it will give us extra time to get the money organised without having to sell the family

14/August/2009

Silverene and Marina Plaza

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How patronizing! :shocked: A small tip: it's NOT a very attractive trait to women. ;)

You guys ain't the only ones working you know! :nuts: :hilarious I work hard and long hours so when I have some free time I like to indulge myself. Why not huh!? I mean, what the hell did they build GT and MM for anyway!? :lol:

No worries, it's all checked! I never leave home without my little friends and accessories. ;) :D

P.S. btw, you an investor here TB? :cheers:

Patronising!! Ouch! I'm not old enough to patronise you unless you are only 18.

I suppose I should have paid more attention to your name Parisian Girl. Anyway, no I haven't invested here but thought about it long and hard. I have a couple of other Cayan completed units, 1 of them is shown on my current avatar.

I have noticed lately that some of the Bay Central Investors are not really happy and feel jealous about the way Silverene construction is progressing and perhaps they take out their frustration in this forum.
I wish both projects to complete in time as I would not want to enjoy panoramic view marina from my balcony and see an unfinished BC project :-(


Cheers

Patronising!! Ouch! I'm not old enough to patronise you unless you are only 18.

I suppose I should have paid more attention to your name Parisian Girl. Anyway, no I haven't invested here but thought about it long and hard. I have a couple of other Cayan completed units, 1 of them is shown on my current avatar.

Age has nothing to do with it! Now I'd hardly call myself Parisian Woman now would I!? That doesn't ring very well does it!? :lol: It is what it is! Believe me, I'm all woman! Actually, my age is on here somewhere ... you just need to know where to find it. :)

Oh come on now TB, you must know I'm just kidding with you. Do you really think I'm the kind of person who gives a crap about what others think? I haven't gotten this far in life without digging my heels in! I've learned from the very best! Thing is you see, I do have a really dark/black sense of humour, some get it, some don't, so don't worry about it. :)

@Topic: I can understand why so many people like this project, it's got a lot going for it. This is sold out right?

Anyways, best of luck with your investments! :cheers:

wow,thats great progress i must say,thanks for keeping us all informed

Parisian Girl,do you live in paris ,i am working down the road in belgium so that i can pay for my silverene apartment

so when do we expect the project to be finished completely and handed over

Yes, I do live in Paris, but presently, I'm working out of London. Don't know when Silverene will be completed or handed over as I haven't been paying much attention to this particular project to be honest. jeetha or True Blue would know much more about Silverene than I would, so maybe they could answer any questions you may have?...

Good luck! :cheers:

Yes, I do live in Paris, but presently, I'm working out of London. Don't know when Silverene will be completed or handed over as I haven't been paying much attention to this particular project to be honest. jeetha or True Blue would know much more about Silverene than I would, so maybe they could answer any questions you may have?...

Good luck! :cheers:

OK so, you are really London girl, not Parisian Girl...right...

OK so, you are really London girl, not Parisian Girl...right...

Wrong! I said I'm working out of London. Didn't say I was/am from London. ;)

Anybody interested in Silverene at all?? :lol:

You distract us ;)

......................
Oh come on now TB, you must know I'm just kidding with you..................


Of course! The Scottish and the French have always gotten along fine:)

Hope it continues after us beating you at footie twice:laugh:

I think the developer is still holding some stock of apartments here in an investment fund. All other apartments are sold or resales.

Of course! The Scottish and the French have always gotten along fine:)

Hope it continues after us beating you at footie twice:laugh:

I think the developer is still holding some stock of apartments here in an investment fund. All other apartments are sold or resales.

That's true, and long may it last. :) Yeah, I'm sure we'll still be buddies even behind all those grinding teeth. :lol: Those wins were thoroughly deserved IMO. :)

You know, the more I look at Silverene and Bay Central the more I like them. As I was saying before, I just love the locations of these buildings ... right smack in the middle of the Marina. There's gonna be some awesome views indeed. :cheers:

I feel the delay to West Avenue (or whatever building occupies the barren plot directly behind Silverene) will have a detrimental effect on the future residents of Silverene.

Any (and you know it's going to be lengthy!) construction on that plot post Silverene handover can only result in constant noise, nuisance and dust pollution. Can't say whether DS/SG will be a considerate developer to Silverene residents while their own at Bay Central (if even ready by then) are screened by Silverene. Regret to say but DS/SG may just get their own back!

Just like to know what you guys think and if anyone knows the Dubai law governing construction noise and working at night especially in a built up place like the Marina?

i totally disagree,where in dubai doesnt have building works going on.i reckon when silverene is ,the entrance etc will be just class...we can ll think of the what if's....

what if the bridge collapsed....ur thinking too far ahead and too negative,u can tell by the progress so far that cayan is a class above the rest,if i had more money..i would purchase more units in there,when those buildings will be finished,they will be one of the most sought after buildings in dubai marina...time will tell...yes

but being so negative at this stage doesnt help anyone,maybe it helps urself as u have now realised that u bought in the wrong development...but u made that decision,not the buyers of silverene

see the difference with silverene is that it will stand out from the rest...jbr are all the same if u get my drift

in regards to bay central...boy was i happy that i didnt buy into that mess

there is no comparison between silverene and bay central

people should watch that one as it could easily fold

I agree that Silverene is a great development and possibly one of the most iconic within Dubai Marina. The location on the Marina and close proximity to the GT, DM Mall and the Metro is fantastic and I'm glad I've bought into it. However you didn't answer the questions I posed wrt the noise and disturbance to ourselves and/or tenants. I'm basically just concerned about rental returns, that's all and if Bay Central's a mess, can you imagine the state West Avenue will be in!

I do take your point that I'm probably thinking too far ahead - but I didn't get to where I am withot doing so! ; )

i agree that noise might be an issue,at this stage,we will just have to wait and see how things go,maybe west avenue wont go ahead with this crowd

time will tell i suppose but a valid point you make

I feel the delay to West Avenue (or whatever building occupies the barren plot directly behind Silverene) will have a detrimental effect on the future residents of Silverene.

Any (and you know it's going to be lengthy!) construction on that plot post Silverene handover can only result in constant noise, nuisance and dust pollution. Can't say whether DS/SG will be a considerate developer to Silverene residents while their own at Bay Central (if even ready by then) are screened by Silverene. Regret to say but DS/SG may just get their own back!

Just like to know what you guys think and if anyone knows the Dubai law governing construction noise and working at night especially in a built up place like the Marina?
^^
Full marina view apartments will be ok.....:)

22/August/2009

Silverene

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^^curtain wall panel installation has started at marina level on tower A!!

[Date posted August 20, 2009]

Dual tower development on Dubai Marina is on fast track and is set to meet delivery deadline

Cayan Investment and Development – one of the region’s leading real estate developers – today announced that its Silverene Towers development at Dubai Marina has made substantial progress in construction.

Silverene’s Tower A will have 35 floors while Tower B will have 26 floors – comprising studios, one, two and three bedroom apartments, duplexes and penthouses. To date, Tower A has reached level 15 and Tower B has reached level 14. The concrete columns on both towers have reached level 16th floor.

Arabtec Construction LLC is the main contractor for the project whilst Robert Mathew Johnson Marshall (RMJM) were the designers and creators behind Silverene, they are also the creators of architectural masterpieces such as Emirates Towers on Sheikh Zayed Road.

Nearly 2000 Arabtec employees are currently working on the site, a 100% increase in workforce since March 2009. As a result, typical floor construction has been fast-tracked, and is expected to go up by one floor every seven days and the concrete core wall is going up one floor every four days.

Mr Ahmad Al Hatti, Chairman of Cayan, said, “Silverene Towers is one of Cayan Investment’s iconic projects in Dubai Marina – offering a luxury lifestyle that takes full advantage of the 10,000 square metres site. We have achieved phenomenal progress of construction on the project, which reinforces our impressive track record on delivery. The company has already carved a niche with its timely hand over of La Residencia Del Mar, Dorrabay, Cayan Business Centre and The Jewels projects as also significant progress on Infinity Tower project in Dubai Marina.”

He added: “We have awarded all the major contracts for accomplishing the project on schedule and we aim to finish the construction and handing over by the set deadline. We are thankful to Arabtec and other contractors who share our ideals and vision on project delivery and quality construction. We have planned well ahead of time so that we can deliver the quality our customers have come to expect from Cayan.”

Once complete, each of Tower A and B will be linked by a four storey podium with two floors of exclusive retail outlets, and a spacious sun deck with swimming pool for residents and feature its own fully equipped gymnasium. It will encompass all the luxury benefits of waterfront living with unique interiors, captivating glass and mirror effects to maximize the breathtaking view of Marina.

To ensure the retail offer matches the quality of the overall development and the needs of Silverene residents, Cayan will hand pick the retailers. All the retail shops will enjoy a prime location on the marina promenade and will be made of up of two levels, ground and mezzanine. The Silverene Towers development offers close access to Marina Mall, spread across 275,000m2 of shopping splendour, as also one of the largest boat clubs in the region making it the perfect location for those wanting a true marine environment.

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Without doubt, Jewels, Silverene, Infinity Towers - truly the most 'iconic' in Dubai Marina, Mr Al Hatti used my word! ; ) These buildings shall stand out within their respective locations, jewls in the east, silverene at the centre and Inf. Tower in the west

24/August/2009

Dubai Marina

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This vacant plot will not have any sort of a detremental effect on Silverene, especially for the prime marina facing units.

Just about every building in the marina has had construction close by for the past few years.

I can't see the developer of this site launching any time in the short or medium term. If the authorities were cleaver, they would turn this plot into a car park or something sensible. I won't hold my breath though.

I have a few Silverene units; all direct marina view, and this situation does not concern me at all!

In fact I am very confidant in this developer/project!

I feel the delay to West Avenue (or whatever building occupies the barren plot directly behind Silverene) will have a detrimental effect on the future residents of Silverene.

Any (and you know it's going to be lengthy!) construction on that plot post Silverene handover can only result in constant noise, nuisance and dust pollution. Can't say whether DS/SG will be a considerate developer to Silverene residents while their own at Bay Central (if even ready by then) are screened by Silverene. Regret to say but DS/SG may just get their own back!

Just like to know what you guys think and if anyone knows the Dubai law governing construction noise and working at night especially in a built up place like the Marina?

28/August/2009

Silverene

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Does anyone know what is the black paint - layer covering the buildings ?

i believe its water proofing paint

^^yup

Thank you.

It goes up very fast. I will be in Dubai for a couple of days at he end of October. Till then I think at least tower B will reach its top. However, I cannot see if the inner works proceed at a similar pace.

I’m looking for a Silverene Tower A 2BR unit 08 or 09, and it should be higher than the 10th floor.

Although looking for a Silverene Tower B unit 05, this is a 1 bed, it should be higher than the 10th floor.

Please send me details on e-mail: fireway@eim.ae
Thanks.