does anybody know if the promenade would have views of the al burj (tall tower) or whatever its called this week?

That depends on the location of Al Burj which has not been confirmed yet.
but if Al burj is built where they did the soil testing ( between JLT and disovery gardens), I think there will be no view except for the higher part of Al burj and only if viewed from the very high floors of the promenade.

It is because the whole site is not designed by one architectural firm.

WSATKINS is the main architect they've done the master plan and they are working almost in half of the project

19/January/2008

Dubai Promenade

http://img260.imageshack.us/img260/4205/imresolt01ma2.jpg (http://imageshack.us)

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http://img86.imageshack.us/img86/4344/imresolt16vv9.jpg (http://imageshack.us)

Nasa Multiplex is a main contractor sound good ........

Glad you like them guys. Took them from the 25th level (Top level) of Habtoor Grand Hotel (The other tower is 20 or 22 levels I think). Not sure of the height.

u know what omaro's biggest problem is? he never enters the picture competitions like i tell him to...he would have won some prize money which we could split 50:50 since i am his manager

20/January/2008

Dubai Promenade

http://img175.imageshack.us/img175/8884/imresolt02dh3.jpg (http://imageshack.us)

http://img184.imageshack.us/img184/2782/imresolt03qc6.jpg (http://imageshack.us)

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IMRE - DID YOU FIND OUT ANY PRICES AT THE SHOW ? - I,M ACTUALLY REASSURED SEEING THESE LATEST RENDERS THAT THE 04 IN BOTANICA I HAVE WILL STILL RETAIN AN EXCELLENT GOOD PALM VIEW

price starts from 1.5 million , 1500-1600 dhs/sqft

20/January/2008

TDIM 2008

Dubai Promenade,registration

http://img412.imageshack.us/img412/176/imresolt049br2.jpg (http://imageshack.us)

Presumably as these are starting prices they are for units at the back with the worst views. ie. no Sea/Palm view or perhaps at best a very partial Marina view. So making Botanica prices seem fairly reasonable.

Also with prices starting from 1.5m the smallest units will be around 1,000 sq ft then..........so no studios ??

no studios there.

From Sunday Times today:

"Homer will love it
Can Dubai get any more surreal? After man-made islands in the shape of trees and countries comes the plan for The Icon. The developer Nakheel, which will have it finished by 2010, says: "The stunning circular form evokes astrological and spiritual images." Looks like a doughnut to us."

I guess they are referring to the hotel in Dubai Promenade.
Funny how names stick sometimes :)

I love the Hotel, I just hope I will be able to get something here.

Anybody who has the choice between this and Botanica and goes for Botanica need their head examined :cheers:

I love the Hotel, I just hope I will be able to get something here.

Anybody who has the choice between this and Botanica and goes for Botanica need their head examined :cheers:

Please, I must insist that you desist now from these unfounded and unjust comments against DS. They are one of the top developers in the marina with a portfolio of some of the best quality real estate in the area. They have also invested all the customers money very carefully to ensure that the compensation payments are paidup fully and on time. The company is watertight which is more than can be said for some other developers in the region.

^^ That should be enough to lose the reputation of, True Blue the DS basher. (This is hard work talking crap!! :lol:)

Time will tell on Botanica - I must say the design is much better than the channel towers on Promenade but Beach Towers are gorgeous (perhaps I will have one sometime also) so the choice depends on the price and design I guess, for palm facing high Apartments - starting prices will be much higher than Botanica for thnat option - think cars also - just priced an A5 today stating price is £25k the one I want is £45k ??

i fair the price in second day of lunchin reach above 1500seq .....the prices is very realistic compare it to fantastic location ;) hottest investment of 2008 ;)

@ The new Scottish Pinocchio;

Sorry that I expressed an opinion about the mighty DS who have kindly took my money and are very kind, considerate and excellent communicators. They open their office to me every time and offer me a good drink and the best biscuit money can buy and when in Dubai they pick me up, take me around and treat me well. I am truly sorry for letting something silly and stupid like delivering the product I bought within the time scale we agreed gets in the way of a good relation ship.

I admit, I am a greedy b******d and rather than thanking my lucky stars for the kindness, good communication and having somebody on the other end of the phone every time smiling and telling me everything will be OK, I actually expected to see progress and answers to some basic questions like what did I buy (facilities wise) and on which floors will they be and when can I expect to send invitations out for our house warming party. Yes I admit I am being unreasonable and for that I am sorry.

You see, I consider myself a good customer and I pay all of my money on or before time (sometimes three weeks in advance to avoid problems with holidays) and I am thankful to my good developer for reminding me in the contract that, if I fail to pay on time twice, they take the units from me. I even receive some of their phone calls and answer questions that have absolutely nothing to do with the price of fish and help them with their market research for nothing.

I also admit that I have been ungrateful, especially after enjoying the champagne they sent me, I should’ve kept my mouth shut and wait because good things come to those who wait like a couple of bottles of champagne or something. I should have learnt from wise men like Morris and now you and keep my mouth shut.

I am truly sorry for believing everything about the views, the building in front of the Torch and the ever moving delivery date and I admit that I did not realize that they were only kidding when they told me so.

I will try to do better, I am sorry..............................Not

:applause:

^^ Thank you for your co operation, keep up the effort.
One thing though, my name isn't Not but I'll let you off as it's close enough :)

I know I shouldn't have had that last drink :banana:

I'm sure it won't be the last ;)

http://213.132.44.184/emaratalyoumnew/Web/Photographs/2008/01/20/005/20_01_2008_005_001_001.jpg

I have been to TDIM nakheel today

The sales rep said price for sq.ft is around 1800 and starting price is 1.8mill aed.

initially they said 1500 sq.ft and starting price is 1.5 mill.

1800 seems to be a bit to high

Looking at that photo, there's a lot of sea between the Promenade and PJ. How many more islands and skyscrapers can Nakheel fit in there? Any offers?

^^ based on previous experience, I'd say about 10 tall ones on each of the small islands on each side of the trunk of the Palm.... :lol::lol:

I have been to TDIM nakheel today

The sales rep said price for sq.ft is around 1800 and starting price is 1.8mill aed.

initially they said 1500 sq.ft and starting price is 1.5 mill.

1800 seems to be a bit to high

Bit too high???? Check this out..........
1 Bed 1162 sf priced at 3.2 million.......works out to a rate of 2,754/sf and if you exclude the huge balcony of 226 sf, the price would be 3411/sf.

Bit too high???? Check this out..........
1 Bed 1162 sf priced at 3.2 million.......works out to a rate of 2,754/sf and if you exclude the huge balcony of 226 sf, the price would be 3411/sf.

Can you be more specific ? Is this an apartment in the channel tower to be VIP prelaunched today ? Which view ect... Thanks

Can you be more specific ? Is this an apartment in the channel tower to be VIP prelaunched today ? Which view ect... Thanks

Yes, that's the price of the apartment my VIP friend bought today in the Channel Tower. It's a sea view apartment........i'm told that they have 3 different types i.e. sea, marina & garden view.

Yes, that's the price of the apartment my VIP friend bought today in the Channel Tower. It's a sea view apartment........i'm told that they have 3 different types i.e. sea, marina & garden view.

Thank you - I want an apartment in the beach tower - I have to expect a very high price then. Well, I did anyway..

SO BOTANICA MIGHT NOT NOT BE OVERPRICED AFTER ALL ON CERTAIN APTS.!!- BUT I STILL WANT A BEACH TOWER APT - JUST WON'T BE ABLE TO AFFORD ONE

Bit too high???? Check this out..........
1 Bed 1162 sf priced at 3.2 million.......works out to a rate of 2,754/sf and if you exclude the huge balcony of 226 sf, the price would be 3411/sf.

Do you know the prices of garden and marina view?

They were talking about 1500-1600 dhs/sqft, this price seems to me very high.

3.2 million for a 1 bed?? little bit expensive because of the Nakheel, we dont know the completion date...

that would make dubai promenade the most expensive residential development in dubai after burj dubai.

i would rather wait and buy an apartment in the resale market close to completion than pay that much money when the project is another 4-5 years down the line!

Nakheel sales called me today and confirmed the appointment of the public lunch.
Price starts from 3000dhs/sqft, cheapest is 929 sqft , 2.787.000 dhs.

Nakheel sales called me today and confirmed the appointment of the public lunch.
Price starts from 3000dhs/sqft, cheapest is 929 sqft , 2.787.000 dhs.

I guess that would be the 1 Bed - 926 sf with a 280 sf balcony ( Type B ) on a lower floor. Nakheel's price benchmark would drive the Dubai Marina prices higher........good for existing investors!!
JMHO....the villas @ Jumeirah Park sound like a bargain compared to apartments prices if you have tons of ready cash.

that would make dubai promenade the most expensive residential development in dubai after burj dubai.

i would rather wait and buy an apartment in the resale market close to completion than pay that much money when the project is another 4-5 years down the line!

...and pay AED 7000 /sqft at that time. :)

WOULDN,T LIKE TO BUY AT THAT price but would like to sell !! - MORE I LOOK AT THIS DEVELOPMENT THE MORE STUNNING IT GETS - ESPEC THE HOTEL WILL BE ICON LIKE Burj d and Burj el etc.

Just bcoz it will be next to a 7 star hotel ..you cannot buy it at a price of 3000 sqft that to for al shimal

which is the first building ..

i woudnt rather buy a 3 bed villa for this price victory heights of jumierah park

...and pay AED 7000 /sqft at that time. :)

i'll take my chances! as an investment, i wouldn't be missing anything. i could invest the money somewhere else and get a return of 20% annual, which would double my money in 4-5 years.

Just bcoz it will be next to a 7 star hotel ..you cannot buy it at a price of 3000 sqft that to for al shimal

which is the first building ..

i woudnt rather buy a 3 bed villa for this price victory heights of jumierah park

Is that Jumierah Park South or just Jumierah Park or are both the same.
Who is the developer and builder of these villas and when will they complete? THANKS.

i should add assuming that i'll still be interested by then to buy in the promenade!

Gosh, I don't see the logic in these prices. As far as I'm concerned, Nakheel have a sullied reputation, with projects facing long delays, frequent re-designs, serious quality issues (the Garden View villas, Jumeirah Island villas, to name a couple), over-pricing, as clearly evidenced here, very troublesome to deal with (see PJ threads) and now the Universe. I think the only people who would fall for such prices are those who are too susceptible to being impressed simply by what's on paper (admittedly, a lot of us here) and those who haven't been keeping up with what goes on in the industry here.

Nakheel ought to come down from their high horse, or tall palms as the case may be, and offer product at reasonable market prices. Seriously, how many people will go for this when there are other properties out there? We'll end up with, two years later, a massively scaled down promenade and building work yet to begin.

^^ Another view would be that the developers have learnt that they can keep such high prices and still there would be a line-up of people who could buy all the offered units within a few hours of public launch. So why charge less when people are willing to pay more?

No but if it is below AED2500/sqft for the right one, I will have some of this :)

I registered!

That's me out then :ohno:

When they called me back, they assured me that I will be able to get a family size apartment on the beach ones just below AED2,500 / sqft. I wonder what made them change their mind, this development must be much more popular than expected. ~I am going to have to break the bad news now :cry: :cry: :cry:

@ Imre;

Are you still going to buy at these prices?

^^ Another view would be that the developers have learnt that they can keep such high prices and still there would be a line-up of people who could buy all the offered units within a few hours of public launch. So why charge less when people are willing to pay more?

could be! but judging from other high priced projects that take a while to complete, prices did not appreciate in a real way until we got closer to completion. it could even be worse now cuz it's clear the real estate market in dubai will appreciate less going forward!

@ Imre;

Are you still going to buy at these prices?


if the payment plan good , yes.

I mean 10 % booking and 90% on completion:)

if the payment plan good , yes.

I mean 10 % booking and 90% on completion:)

If they offer those terms I'll buy the whole tower off of them. :lol:

On a serious note i think these are begining to look over priced, no doubt they will sell im sure, but there will be some kind of market correction within 5 years in Dubai so i see potential for overpaying on these as Nahkeel are getting greedy and hoping for another PJ

^^ you are only allowed to buy one unit :lol:

I thought the same, they calculated with future prices because this whole project will not ready before 2013 as we know the speed of the Nakheel:)

I thought the same, they calculated with future prices because this whole project will not ready before 2013 as we know the speed of the Nakheel:)

Spot on Imre.

I think this would be a dangerous game to play at those prices as Nahkeel have factored in 5 years growth to the starting price. BIG gamble to invest using that logic as nobody knows where prices will be or what the state of the market will be like then. I dont actually think the Channell towers are that special anyway.

The Beach towers are another story. They will be the second best investment in Dubai after PJ in my opinion. I will have to sell some of my UK property to buy one of those as i can see myself retireing in one of those.

I was told today by a good agent I know from years back (a UK agent based in Dubai for the last 7 years) that you can still pick some good bargains within PJ and that is why @ AED 3000 /sqft for the beach towers will be over the top.

http://213.132.44.184/emaratalyoumnew/Web/Photographs/2008/01/20/005/20_01_2008_005_001_001.jpg



This one is so unbelievable :omg: :nuts::cheers::banana: :eek:

Although the Torch is not in such a good location it's not bad and only just down the road..........I'm beginning to like Dubai Promenade with it's extortionate prices which will lift general prices in the whole Marina area - way out of my league though. Makes the AED 780 sq ft I paid at TT seem like small change. :cheers:

let's see how much the prices will be in next 6 months !!

I really don't think they can keep raising the prices to an infinite level. I doubt the prices will be so high when you have to sit 2 hours in your car just to get out of the marina once fully occupied

^^ Now if you lived on the Cayan Corner you are straight over the new bridge onto interchange 5.5 and off you go. AD no problem, Deira errr........!!! Mind you with the hiked tolls the SZR should not be too bad.

Morris 780AED/ft2 is small change now but so is 695aed/ft2 ;)

^^^^Now if you lived on the Cayan Corner you are straight over the new bridge onto interchange 5.5 and off you go. AD no problem, Deira errr........!!! Mind you with the hiked tolls the SZR should not be too bad.
:lol::lol: okie

^^ Now if you lived on the Cayan Corner you are straight over the new bridge onto interchange 5.5 and off you go. AD no problem, Deira errr........!!! Mind you with the hiked tolls the SZR should not be too bad.

Morris 780AED/ft2 is small change now but so is 695aed/ft2 ;)

^^Try JBR at 440aed sqft :)

^^Try JBR at 440aed sqft :)

All very true, but what about a Garden Villa on one of the palms for 2.8mill aed, thats the price of a 1 bed beach tower now.Oh shit where is my crystal ball.

Crystal ball! Stuff that, where's my time machine?

I knocked back a canal cove 4 bed for 2.05M AED 3 years ago :bash:

ok, that was the past but what is the future?:)

to buy or not to buy ?

I would say 3000aed/sf is still about right at this time for great location and top quality product, BUT they keep adding building land in front of existing projects,so location great today gone tomorrow,and as for quality product,as we have all seen, most of it leaves a lot to be desired.So in conclusion if you can get cast iron warranty on views, quality and time frame and there all top notch ,I would say buy, but of course there is not a hope in hell of Nakeel being able to offer anything near that,so look for value around the existing marina.

At 3,000 per sq ft that would IMO appear to be the limit for any off-plan development in Dubai not matter how good the location. When you start factoring in the finance costs on the money you are putting into this (ie. the cost to you in raising the funds or the missed opportunity of receiving bank interest on your savings) and that completion could well be severely delayed given the lack of labour resources now evident in Dubai, then the "true" cost will rise significantly above 3,000 sq ft. The real cost could be somewhere between 4,000 to 5,000 sq ft if major delays.
Also need to bear in mind what you're going to do with the property. If you're after rental income then do long or short term lets actually cover the finance costs here ? There is a limit to what a long term tenant will pay whatever the view. I'd guess that only short term holiday lets would produce any kind of break even or profit figure. The figures need to be studied very carefully.
I'm surprised they've sold so much so quickly, but there again that's the herd mentality.

Not every thing in life is about investment,me I fly in to Dubai economy,wondering why so many people spend so much in business class,but did it once and loved it,if I had a bit more money I would do it more,and then there is 1st class, about 20 times what I would or could mentally justify yet its always full.Motto being If you got the money the price dont matter.

Is there any real benefit to the beach towers over the channel towers ? I mean it may be possible to use the beach if you own a unit in the channel tower. Has anyone checked on this ?

I would not pay more than 3000 per sq/ft for anything here at the moment. As someone said, better to invest somewhere else for 4 or 5 years and double your money with no payments during construction and then buy here resale for living in only.

Also this development is not good for cash flow, rental income would not be higher than repayments in my opinion. However capital gain would be possible since people will want to pay extra to live here. I see these units more as live in and not rental units.

I am confused however about the prices of the channel towers. Did someone say that they were sold at 1800 sq/ft and now they are only open to the public at 3000 sq/ft ?!

very luxurious and expensive real estate appeals mostly to Wealthy people who don't mind paying extra cash for the name.
The palm seems to have earned the name and growing more popular with all those big name hotels and famous millionaires buying houses there. The dubai promenade simply cannot compete with the palm.
How are the prices compared to the palm?

I think the danger with this development is that it could go the same way as the palm is heading. Take the investors money and then when it's built get rid of the dreamers by raising the maintenance fees to silly heights.

For half the price you could go for a resale in Dorrabay which is at the opposite end of the same beach and overlooks the palm and the new polo mint hotel :). The views are almost secure over the beach parks which are unlikely to become high rise.

or Botanica with Palm view ?:)

^^ :lol: :) ................Stop it!

Botanica is more expensive per sq foot than Dorrabay. Where is the logic in that?

Oh my God, have they managed to recruit Imre as well :bash::lol:

no,I will not buy Botanica:)

Dubai Waterfront :)

http://img219.imageshack.us/img219/8531/20080121cbdview31yj2.jpg (http://imageshack.us)

that's what i am talkin about , but wait take look at AD there many attractive projects right there imre ...

^^ :lol: :) ................Stop it!

Botanica is more expensive per sq foot than Dorrabay. Where is the logic in that?

But who in their right mind would want to live next to a power station for the next 15 years.

I don't think the Channel towers offer anything better than Botanica does, especially the tower furthest from the beach. The beach towers on the other hand are worth having but not at the price they will sell for unless you want to retire there.

But who in their right mind would want to live next to a power station for the next 15 years.

I would.
I will be out of my mind if I spend the next 15 years fighting traffic every morning and evening trying to get in and out of my apartment.

But who in their right mind would want to live next to a power station for the next 15 years.

Essentially anyone who buys in the marina or even JLT or Discovery gardens(down wind). BTW it's not half as bad as facing SZR, try it an see :).

I was there today and didnt buy anything:)

price is too expensive (for me) ,3.2 million for a 1 b/r, payment plan is not good for me and they are selling only the first 6 floors of the Al Shimal Tower which is next to the Habtoor .

People will want something more tangible for that kind of money.

£0.5M 1 bed , off plan. :ohno:

no way 3.2million for one bed ....i can took in 2003 three studio at burj dubai tower with same price (time is key) i wonder next year how it will be the prices !!!

Too expensive forget this place for any kind of investment.

Botanica is much better investment.

What is really worrying is that, they have changed their mind about prices just days before launch based on the interest shown by potential customers :ohno:

I was there today and didnt buy anything:)

price is too expensive (for me) ,3.2 million for a 1 b/r, payment plan is not good for me and they are selling only the first 6 floors of the Al Shimal Tower which is next to the Habtoor .

How many people were there. Were they buying?

just a few people ( I was there at 8:00 m I dont know after) ,more workers and hostess from the Nakheel then buyers:) , I dont know the selling , I asked some people who had an appoinment but either didnt go there or didnt buy anything.

I was told that they don't take any more registrations because there is too many people with appointments, is this not the case?

i had an appointment today but canceled after they confirmed to me that prices will be AED 3k psqf. the woman who called tried to talk me into changing my mind, saying the location is great ... very different tone than when i tried to get an appointment a couple of weeks earlier. looks like there were a lot of cancelations!

just a few people ( I was there at 8:00 m I dont know after) ,more workers and hostess from the Nakheel then buyers:) , I dont know the selling , I asked some people who had an appoinment but either didnt go there or didnt buy anything.

Ah Hah!......... So you were posing as a buyer to impress the women?

Got Yah!.....:)

Yes, I don't know what it is with this boy and the ladies. :banana:

Too expensive forget this place for any kind of investment.

Botanica is much better investment.

neither of them in my opinion..

The rate for new launches in the Marina depending on project/view seems to be between 2k - 3k/sq. ft. based on this launch and the fact Emaar are selling the Marina Mall aptmts for 2.6K/sq.ft.
As an invester if I had some extra cash, I would actually pick up resales in Marina that are under construction and selling below 2K with decent views.


:cheers:

I agree, resale market is probably best for investment right now.

I think things may backfire for Nakheel with this one, they have increased the price too much after strong initial interest. They may have to reduce the price which never looks good.

just a few people ( I was there at 8:00 m I dont know after) ,more workers and hostess from the Nakheel then buyers:) , I dont know the selling , I asked some people who had an appoinment but either didnt go there or didnt buy anything.

Any photos ? :)

At some point in Dubai someone will eventually get their fingers burnt. It is inevitable.

Marina prices are generally between 500 psf and 1000 psf off plan and are now creeping toward 2000 psf for underconstruction and resale oportunities.

Paying circa 3000 psf for Dubai Promenade which will not complete before 2012 is pushing the envalope to the limit for me.

The market in Dubai will be a very different place when DP is getting ready to inhabit and i just dont see why anyone would pay twice as much for DP than the Marina. The same yes, matbe for some a bit more, but double, no way.

More and more investors are coming to Dubai now and they are just assuming that every new development launched is then next Palm J.

The only thing that exites me about DP is the Beach Towers and at this rate they will be launched at 5000 -6000 psf.

I have a friend who works for a very big steel company and he told me more steel prices increases are expected. The price of the rebar (the most basic material) is reaching the price of more processed products like profiles, so they are expecting from their HQ the norm of the increase. Expect maybe a 20% hike.

Also shipping has become a very big problem since lately the bulk shipping has become a very volatile industry, due to demand in China and lack of capacities and ships, therefore no carrier guaranties or give any rate for shipments more then three months away. Since the shipment costs have a very considerable effect on the final landed cost of the product, companies are trying to be on the safe side by considering the highest rate ever and adding some more on top of that. The margins applied on sales are also high.

So all in all, the construction costs will go up, and up, and up ...

every new year in life coming with new reprice (high , low)

I made a registration online and today I got an answer:)

Dear imre,

Thank you for registering your information to book for a sales appointment.
However, due to the high demand and limited number of units at “The Channel Towers� we were not able to book your appointment for the upcoming launch.
We do value your interest in Dubai Promenade and you will be alerted for the release of phase 2 at The Channel Towers.
Experience Dubai Promenade on our website, a magnificent, exclusive urban waterfront community where exquisite residences, world-class amenities, uninterrupted water views and iconic landmarks come together to create a place of sublime living, and a place to be centered.

Kind Regards
Nakheel.

^^ Imre - I just received the same answer.

I registered pretty much straight away after the announcement - like you I think.

You certainly have to wonder about the integrity that goes on at these launches and whether or not they are ever released to members of the public that are not "VIP's" or friends and families of Nakheel staff out to try and make a quick buck on resale.......:ohno:

:) WASTA :)

Got the same email and a phone call, there are enough stupid people after all to pay these ludicrous prices. I would like to ask one of the purchasers a few questions. Has anybody here bought over the last few days? :ohno:

I also recieved the email. You must have to register before launch to get one of these ! :nuts:

http://www.dubaipromenade.ae/media-files/2008/01/09/20080109_img-exterior-View-Z.jpg

^^very nice looking :omg: :cheers:

http://www.dubaipromenade.ae/media-files/2008/01/09/20080109_img-exterior-View-Z.jpg

Thats the view we'd have from Infinity or close enough, so can't be too bad

... a place to be centered.



Very profound. Or do they mean "a place in the middle of the pitch to receive the ball when it is passed to you"?

:cheer::rofl:

Nakheel may just have sold too many properties to footballers ...

abour footballers , chelsea players coming next month at AD :) FEB(20-23)

there is a plot in front of infinity...I wonder what will be constructed ?

^^ For all those who did not get the appointment.
No need to get disappointed, .........this is just an extention of the Marina.

AT A MUCH HIGHER PRICE - GOYT TO BE GOOD FOR THOSE WHO HAVE PROPS. ON MARINA ALREADY

It looks like the Dubai Promenade fever has cooled down.

Has the fever been cooled down by the nice prizes.......ideal for speculations.... :nuts:

I think the 3000 AED/sq ft did it.

I would say again,one of the best project in Dubai, just need money:)

I would say again,one of the best project in Dubai, just need money:)

and the willingness to accept that selling maybe difficult at some point in time in the future....... but of course, no risk no fun :banana:
and to live there..... marvelous :colgate:

I understand why the beach towers are desirable but can someone explain why the channel tower is any better than botanica ?

Because of the uncertainty about SP projects, I wanted to buy in the Torch, then pulled out and done same with Botanica and pulled out yesterday of a resale in bay central, I could be wrong but there is always something bugging me about SP.

But I think Botanica will be complete before the promenade. The certainty of Nakheel is not worth AED 1500 per sq ft extra.

Because of the uncertainty about SP projects, I wanted to buy in the Torch, then pulled out and done same with Botanica and pulled out yesterday of a resale in bay central, I could be wrong but there is always something bugging me about SP.

Are you a catholic by any chance ?

why ?

^^ I think he is referring to the Catholic Church stance on the use of prophylactics. :lol:

But I think Botanica will be complete before the promenade. The certainty of Nakheel is not worth AED 1500 per sq ft extra.

A realistic price for the promenade should have been 2000 per sq ft top price.

I have a friend who works for a very big steel company and he told me more steel prices increases are expected. The price of the rebar (the most basic material) is reaching the price of more processed products like profiles, so they are expecting from their HQ the norm of the increase. Expect maybe a 20% hike.

Also shipping has become a very big problem since lately the bulk shipping has become a very volatile industry, due to demand in China and lack of capacities and ships, therefore no carrier guaranties or give any rate for shipments more then three months away. Since the shipment costs have a very considerable effect on the final landed cost of the product, companies are trying to be on the safe side by considering the highest rate ever and adding some more on top of that. The margins applied on sales are also high.

So all in all, the construction costs will go up, and up, and up ...



This is my favourite city by far in regard to the developments taking place.
Awesome!!!! Simply awesome. Wish i lived in Dubai.

IMRE - Excellent photos. Keep up the great work.

I think you will find a massive spike in steel prices at least for the next couple of years. Iron ore negotiations have been on going for the last few months between China - BHP - RIO - CVRD who are tha main players. They are aiming for a 50% - 70% increase in fixed prices for this year. There is so much demand that the iron ore producers cannot keep up. I would expect construction costs to blowout. Just my opinion as an investor.

Cheers markcoinoz

Residential towers, we are designing it Zasarchitects.Atkins did the master plans & those commercial towers & donut hotel(i am not sure if they are going to build it becoz of many issues)but they are studying it.,WSATKINS is the main architect they've done the master plan and they are working almost in half of the project

Are you a catholic by any chance ?

r u anti catholic :bash: ?


PS: What is ur house address..?

No not at all, I'm not anti anything.

I was only asking because he was always pulling put of things. Ask Altin he seems to have a sense of humour :)

My address is;

Cell 38b
Row 75
Camp X Ray
Guantanamo Bay
Cuba

Whats pulling out of things got to do with religion?

Let it drop guys, you did not get the joke so just leave it there:cheers:

Whats pulling out of things got to do with religion?

The joke is that the Roman Catholic church forbids contraception. So a way of avoiding pregnancy is to pull out at the last moment (like the potential buyer of the flats kept doing).

Now do you get it? Or is religion & humour like oil & water?

This is my favourite city by far in regard to the developments taking place.
Awesome!!!! Simply awesome. Wish i lived in Dubai.

IMRE - Excellent photos. Keep up the great work.

I think you will find a massive spike in steel prices at least for the next couple of years. Iron ore negotiations have been on going for the last few months between China - BHP - RIO - CVRD who are tha main players. They are aiming for a 50% - 70% increase in fixed prices for this year. There is so much demand that the iron ore producers cannot keep up. I would expect construction costs to blowout. Just my opinion as an investor.

Cheers markcoinoz

So I guess thsi means on the one hand if construction costs go up this will incease the value of started or completed units?Also,maybe it will also
deter some developers from going ahead with their projects thus slowing down the predicted oversupply?Hopefully it wont deter those developers with projects at Dubailand.

No not at all, I'm not anti anything.

I was only asking because he was always pulling put of things. Ask Altin he seems to have a sense of humour :)

My address is;

Cell 38b
Row 75
Camp X Ray
Guantanamo Bay
Cuba

:rofl: should have known...
how did u get internet connection..low security risk?:nuts:

So I guess thsi means on the one hand if construction costs go up this will incease the value of started or completed units?Also,maybe it will also
deter some developers from going ahead with their projects thus slowing down the predicted oversupply?Hopefully it wont deter those developers with projects at Dubailand.

Wannaberich,

I probably should have said that i am an investor in iron-ore producers and understand what is happening from that perspective. It is a very tight market.
I would imagine that projects with long delays and disruptions will be the ones that fair the worst regarding cost blowouts.

Cheers markcoinoz

The 3 channel towers are called Al Shimal, Suheili and Al Gharbi. Does anyone know which is which--seaward, central, inland--and the number of floors for each. I roughly counted 42 on the outside towers and 50 on the central tower. Can anyone confirm?

inland - Al Shimal
central- Suheili
seaward-Al Gharbi

Thought they will released by the end of January??!!

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

Why is there no new information about the towers in Dubai Promenade??

Floors, height, etc..... :doh: :ohno:

Such a great project!! Hope we get some info soon

Reclamation of Nakheel's Dubai Promenade complete
23-Mar-2008


Nakheel, Dubai-based one of the world’s largest privately-held real estate development firms, has completed the reclamation of Dubai Promenade by placing the last rock on the projects breakwater. The length of the constructed breakwater is 1.8km and required 1 million tonnes of rock.

Dubai Promenade is a sophisticated waterfront community that will create a virtual peninsula along the Dubai shoreline anchored by a spectacular 5-star wheel-shaped hotel. Surrounded by the sea, a marina and a natural beach, Dubai Promenade will offer panoramic views, idyllic walkways, and carefully considered architecture to create a distinctly different residential and commercial environment. Sales of the first phase of Dubai Promenade were launched on 24th January 2008.

Nakheel is developing an iconic portfolio of innovative landmark real estate projects in Dubai across a range of sectors such as residential, commercial, retail and leisure. Nakheel's developments spread across more than 2 billion sq ft of land and its projects are projected to be worth $60 billion.


via gowealthy

1,8 km??? Where is that??

Maybe we get some information of the towers soon!!

1,8 km??? Where is that??

Maybe we get some information of the towers soon!!

^^When I saw (last week) the size of the breakwater and land they reclaimed I couldn't believe my eyes, it is huge, however I didn't expect it to be 1,8 km. On the other hand one loses a sense of size in Dubai.

also it could be the overall length around it, so it would reach 800m into the sea, 200 m wide, and 800 back, if you get my point.

You get a good idea of the size from this satelite picture;

http://img162.imageshack.us/img162/5608/jumeriahdk1.jpg

You get a good idea of the size from this satelite picture;

http://img162.imageshack.us/img162/5608/jumeriahdk1.jpg

^^

Where have you found it?
Which day it was taken?

I went paragliding one windy day from the front of the Sheraton Hotel and the bloody rope broke. Fortunately I had my camera.

You can see some of the other pics I snapped here http://www.skyscrapercity.com/showthread.php?t=297803&page=9

:)

WOW! And where did you land? In Oman?

Yup! Another 10 knots of wind and it could have been Iran, my lucky day :lol:

We would have lost our head engineer! :ohno:

We would have lost our head engineer! :ohno:

And our head engineer would have lost his head :lol:

Imre,

it's all gone quiet on this one.

How did the sales go anyone know ?

Did anyone invest here ?

Whats the conclusion ?

Conclusion: Nakheel are a bunch of wankers.

Imre,

it's all gone quiet on this one.

How did the sales go anyone know ?

Did anyone invest here ?

Whats the conclusion ?

i doubt there was any excitement about this.. if there was it would have made headlines...
NAKHEEL SELLS OUT DUBAI PROMENADE IN SIX HOURS!! we are very overwhelmed by the....blah blah blah

This gives a good idea of the size of the development. http://i26.tinypic.com/24ytkpy.jpg

Today, April 2, 2008

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%202%20Marina%20and%20PJ/Photo33.jpg

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%202%20Marina%20and%20PJ/Photo32.jpg

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%202%20Marina%20and%20PJ/Photo31.jpg

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%202%20Marina%20and%20PJ/Photo30.jpg

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%202%20Marina%20and%20PJ/Photo29.jpg

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%202%20Marina%20and%20PJ/Photo28.jpg

http://img.photobucket.com/albums/v163/liver4eva/New%20SSC/2008/April/April%202%20Marina%20and%20PJ/Photo27.jpg

Imre,

it's all gone quiet on this one.

How did the sales go anyone know ?

Did anyone invest here ?

Whats the conclusion ?

I went to the sales office the other day, the first "channel" tower near the habtoor hotel (least desirable) is now for sale from floors 1 thro 17. development ready 2012. cheapest 1 bed on sale is 926 sq ft internal with balcony 1208sq ft @ 2750 AED.

Holy cow - about £450k GBP for a 1 Bed apt !!!!

NAZ UK has a point.

^^With no guarantees regarding Nakheel's build quality, this makes JBR 2 beds with a sea view look a bargain at £300K......

nice aerial shots omaro, looks like soil testing :)

Why the hell would anyone buy at this price?

^^ Don't they say that about Lambos and Ferraris also?

Another huge construction site, which will combined with the planned 90 story tower u/c at the Oasis Beach site create chaos on the roads in and around Dubai Marina. The roads can only cope with a certain amount of traffic.

^^ Why are you so concerned about that? Do you really think that building 5 - 10 towers will be much more of a nightmare then building simultaneously 36 - 40 of them (Yes I am talking about JBR) plus a dozen others around.

You must be having one in JBR, If i am not wrong.

JBR sucks :down:



^^With no guarantees regarding Nakheel's build quality, this makes JBR 2 beds with a sea view look a bargain at £300K......

^^My theory is if you live in it then you don't have to look at it......:)

Yes, soil testing going on!!! Finally some pics!!! But we need much more machines here!!!

You must be having one in JBR, If i am not wrong.

JBR sucks :down:

must take issue with you here, JBR is starting to look fantastic now the planting is underway, its in a unique location with the addition of 400 shops.

^^ Why are you so concerned about that? Do you really think that building 5 - 10 towers will be much more of a nightmare then building simultaneously 36 - 40 of them (Yes I am talking about JBR) plus a dozen others around.

^^the difference is that when they built JBR and the Marina nobody lived out there and nobody had to go to work from there.

i been living in the marina for almost two years now in al-sahab and experienced the poor quality of life here when JBR was being built. things have changed dramaticlly since JBR was completed. traffic is almost non-existent now after they opened interchange 5, even with 70% occupancy in JBR. the new bridges and interchange 5.5, which should be done by end of summer, will ensure traffic problems are at a minimum in the marina.

there is no comparison between building few towers with JBR's 36 towers. the projects you are talking about will be contained in one small area and will be manageable. the worst is behind us when it comes to construction woes. you can see many people jogging now in the marina, something use to be a rarity just last year. by end of summer, and because of JBR's the Walk, this part of the marina will be the most thriving with the best quality of life imo.

This is not probably the right place but as you guys seem to be the experts can somebody give me an unbiased opinion whether this project will block the palm views from Botanica tower?

Many thanks

This is not probably the right place but as you guys seem to be the experts can somebody give me an unbiased opinion whether this project will block the palm views from Botanica tower?

Many thanks

Check back on the Botanica thread, this has been debated there. I'm sure there are pictures that give the clue also.

hi all, i have a 1 bed in Al
Shimal Dubai Promenade i want to sel it at 4% premium coz i need money urgently, the aprtment is in the 6th floor with 1206 sqft original price is 3.18 m paid till now 10% if somebody interested u can rich me at 0501457805

After the sales pitch, a picture.
Taken with a zoom from 20,000ft.
http://i7.photobucket.com/albums/y298/soennecken2/DSCF1757.jpg

wow, lovely pic

Ive been looking for a good unit to buy in Dubai for a while, as I have a few in JLT's. I thought that id buy one in DP but after reading your comments the prices seem tooooo high, even for Dubai!!! Are they still selling units on the DP or is there going to be another launch?

I have e-mailed Nhakeel several times in order to try and do a deal but they are not interested at the moment it seems.

This thread has been as dead as fried chicken too so who knows whats going on here. ?

Ive been looking for a good unit to buy in Dubai for a while, as I have a few in JLT's. I thought that id buy one in DP but after reading your comments the prices seem tooooo high, even for Dubai!!! Are they still selling units on the DP or is there going to be another launch?

last launch was 1-2 weeks ago, upper floors of the first tower (closest to the Habtoor hotel).

Does any1 know of any good and reasonably cheap to buy in Dubai. The marina prices just dont make any sence to buy. Do you think I should wait for Ajman Marina developments o be launched?

Does any1 know of any good and reasonably cheap to buy in Dubai. The marina prices just dont make any sence to buy. Do you think I should wait for Ajman Marina developments o be launched?
Don't buy in DP yet anyway poorest towers (for views) still yet on sale
-- Ajman Humaid City good bet - wait till middle of this month loads more being launched and floor buyers will be off loading could be cheaper then ?
- if you have JLT'S though hold them if u can

Does any1 know of any good and reasonably cheap to buy in Dubai. The marina prices just dont make any sence to buy. Do you think I should wait for Ajman Marina developments o be launched?

Interesting that you say Dubai Marina prices are exensive.

If you look around the world for comparisons for luxury top class destinations that offer waterfront living such as;

London
Paris
Puerto Banus
Sydney
Monte Carlo
Marina Del Ray

Prices are still reasonable as the project is only around 70% complete.

I think in 3-5 years you will look back and think prices were not so high in 2007.

Just my opinion. :)

...comparisons for luxury top class destinations.

Therein lies the problem. Dubai's properties for the most part have yet to prove that they are truly luxury top class. Every project claims this but the proof is not in the pudding. You've got poor workmanship, poor materials and even sometimes poor designs that don't warrant the high prices justified in more established locales. At Dhs 1000/psf and lower, one could bear with these shortcomings. But now that prices are in the range of Dhs 2000/psf these relatively shoddy properties are just not worth it. It doesn't matter how big the name is--Nakheel, Emaar, etc.--there is no guarantee of getting what you pay for when you buy off-plan. Personally I love the Dubai phenomenon, but it is starting not to make sense at Dhs 2000/psf plus.

If I can take one property as an example of perhaps the best that Dubai has to offer, it is Le Reve. What it has is extensive luxury--not really apparent on the exterior, but definitely on the interior. But that said, I would give it only 3 out of 5 stars overall. Why? For such a high-end luxury property the exterior facilities are about 2nd to everything. The layout doesn't even include a single tree or bush even though there is clearly space for it. The property management services are far short of 5-star quality. And even though Roger Federer lives there, they don't even have a tennis court. It has again what I would class a 3-star spa and shimming deck.

The point is, Dubai--despite all the talk--doesn't quite yet know how to do true quality and luxury--that is, it thinks it can do it on the cheap by maximizing the profits of the developers while skimping on everything else. So, the Marina is a great location and investment at Dhs 1000/psf and maybe even still good at 1500/psf. But I don't know about 2000/psf and up, up and up.

^^^^

In some respects I agree with this sentiment and advise caution to anyone investing at more than AED 2,500 psf unless it is an exceptional development, and there are certainly none of those around the Marina/Promenade area that i have seen.

Personally, I find the Marina Arcade to be quite exceptional--on paper, that is. It is going for AED 2500/sf and up. But how would anyone know that it will really turn out as described? Few projects in Dubai actually match their specs. This will be the very first project of this particular developer.

How will this project (as well as every other) actually be impacted by all the expected and unexpected rises in construction, material and labor costs over the years it will take to complete? How long will it actually take to be completed? What will the maintenance charges end up being?

For AED 2500/sf there are just too many unknowables. The least that the developer could do is provide a guarantee of what the initial maintenance charges will be--for say the first 5 years. And definitely, there should be a guaranteed completion date with substantial penalties to the developer if not met. Short of this, does it really make sense to tie up/risk so much money? Again, at AED 1000 it is perhaps worth it to chance it, but how can you expect that of investors when prices go so much higher?

Well, the reality is that while a lot of people are being priced out of this market, there have got to be, due to the rocketing oil price , a lot of regional players with tons of money that needs to be parked somewhere. I suppose this could be the engine that continues to fuel Dubai's real estate boom. These investors won't really care about the ultimate build quality or maintenance charges. They will only expect that values will continue to rise, allowing them to earn on their investments.

There is no way a developer can satisfy everyones desires. You have to pick a development with high spec building and spend the money on customising the interiors yourself.

Most of the interior shot you see of Le Reve are custom interiors, I have seen the bog standard and it is just above average.

Compare Le Reve to The Jewels and you can see that all the High end apartments have private pools in The Jewels. Not even sure if Le Reve has home automation.

Anyone with a lot of cash to invest would be better buying in a development like The Jewels in a penthouse or similar with private pool and allow min 500,000AED for personalised interior and touches of luxury.

Great towers. Don't think it's a real project though.

http://www.arplus.com/MIPIM/entries08/exhibitor_57.html

http://img174.imageshack.us/img174/8462/02to3.th.jpg (http://img174.imageshack.us/my.php?image=02to3.jpg) http://img174.imageshack.us/img174/4245/03hz9.th.jpg (http://img174.imageshack.us/my.php?image=03hz9.jpg)

this is beautiful, I wonder why they didnt go with this design, the other design is nice but unassuming. this proposal is awe-inspiring

High Times / GoDubai,
Have either of you looked at Iris Blue ? You seem to have seen many properties in Dubai so I'd be interested in honest opinion on how you feel it compares with others.

Many thanks.

There is no way a developer can satisfy everyones desires. You have to pick a development with high spec building and spend the money on customising the interiors yourself.

Most of the interior shot you see of Le Reve are custom interiors, I have seen the bog standard and it is just above average.

Compare Le Reve to The Jewels and you can see that all the High end apartments have private pools in The Jewels. Not even sure if Le Reve has home automation.

Anyone with a lot of cash to invest would be better buying in a development like The Jewels in a penthouse or similar with private pool and allow min 500,000AED for personalised interior and touches of luxury.
The views of many expressed here have merit. It must, however, be said that even in London or NY, all construction can't be said to have quality. Indeed, I found Switzerland to be the best when it comes to quality delivery, no matter what you buy. S'pore apts don't seem bad either. I hope I am not seen as being partial when I say that Cayan seems to deliver relatively better quality in Dubai, going by what I saw in The Jewels in my recent visit.

If its for an investment purpose, i would advise commercial space as there will be an oversupply of apartments pretty soon. Commercial space will always be in demand and will fetch you the best returns.

If you want something now, invest in Jumeirah Lake Towers, otherwise Business Bay would be a great option.

In the future, please use the Investment thread for such questions. Since you are new here, i answered you're question ;)

^^ you should become a mod :lol:

I wonder why they didnt go with this design

not enough ROI.

That tall proposal lost out to this:

http://archrecord.construction.com/news/daily/archives/080715dubai.asp

http://www.architectureweek.com/2008/0521/images/people_and_places_381.300.jpg

http://archrecord.construction.com/news/images/080715dubai1.jpg

http://archrecord.construction.com/news/images/080715dubai2.jpg

[QUOTE=dubaiflo;22700184]^^ you should become a mod :lol:

Just trying to be nice to the newbies ;)

last launch was 1-2 weeks ago, upper floors of the first tower (closest to the Habtoor hotel).

How did the sales for the channel towers go i assume they are all sold out at those prices ?

Is the beach tower launch still going to happen at theend of this year.

Nakheel always has awesome models and artists impressions and this one is no exception. Its just when reality sets in they turn into nightmares.

I hope they have got an architect to look at the feasibility of the circular building and not announcing in 2010 its going to be a cube or a rectangular office block!.

http://www.dubaipromenade.ae/media-files/2008/03/24/20080324_Satellite-Image-of-Dubai-Promenade-Site.jpg

That tall proposal lost out to this:

http://archrecord.construction.com/news/daily/archives/080715dubai.asp

http://www.architectureweek.com/2008/0521/images/people_and_places_381.300.jpg

http://archrecord.construction.com/news/images/080715dubai1.jpg

http://archrecord.construction.com/news/images/080715dubai2.jpg

I'm pumped that even Canada is getting a slice of this sandy paradise!!:banana::banana:

For those who haven't clicked the link this winning proposal was done by a Toronto Architect Firm named ZAS Architects

They started excavation for site ...

Ou cool !! How many towers will be build there??

Too many... that's for sure.

http://www.dubaipromenade.ae/en/masterplan/an-inspired-masterplan.html

Channel Towers:
http://www.dubaipromenade.ae/media-files/2008/01/10/20080110_exterior-channel-tower.jpg

Dubai Promenade at night:

http://www.dubaipromenade.ae/media-files/2008/01/09/20080109_image-DP-01.jpg

Mmmm....can't wait for the Donut hotel to take shape. Maybe i should open a Donut kiosk in the lobby :D.

Its going to be a cop hang out

i think the prices of the apartments are very expensive. Does anyone have any thoughts?

this is beautiful, I wonder why they didnt go with this design, the other design is nice but unassuming. this proposal is awe-inspiring
You think this is cool! you should see Oppenheim proposals.
they were mind blowing,absolutely awesome.but maybe not too realistic.

http://i34.tinypic.com/99nkwp.jpg

http://i33.tinypic.com/90txfk.jpg

i think the prices of the apartments are very expensive. Does anyone have any thoughts?

What are they now 3200 to 3500 aed psf ? , Botanica at 2000 to 2200 psf is cheap and plenty on resale with LTPP, it is a nice tower too, plus nearer to Metro etc,etc

By far too expensive! It is a joke! First of all, Nakheel does not deliver the same quality as Emaar, secondly this development will not be ready before 2011, and then there will be plenty of appartments available which is not good for the prices...

Anyone knows about launching of the Beach Towers ? Perhaps CityScape ?

I would be surprised if the beach facing towers would be priced anything lower than 4000/Sft. They will have unobstructed views of The Gulf and The PJ as there literally is no land left for anything else to come up there. Add to that the Doughnut shaped 7 Star hotel, and this will indeed be one of the most prestigious addresses in Dubai!

Anyone knows about launching of the Beach Towers ? Perhaps CityScape ?

I am wondering that myself as that will be my next purchase hopefully

Really? At 4000/Sft, a 1 BR apartment will be around 3.6M for a 900 Sft pad. 2 BR should be around 6 M for a 1500 Sft apartment. Are you considering it as an end user or an investor?

^^has to be an extremely long term investor to be honest..
besides the payment plan would suck the life blood of any speculator!

Really? At 4000/Sft, a 1 BR apartment will be around 3.6M for a 900 Sft pad. 2 BR should be around 6 M for a 1500 Sft apartment. Are you considering it as an end user or an investor?

If i buy here it will be for myself to live in full time. I would sell my home in London to fund it and move my family out so it would have to be a 3 bed minimum.

Just have to wait and see what the numbers say.

Ok, that makes sense. You're going to love living there, you can count on it.

I'm actually considering buying a place in The Marina Residences on The Palm Jumeirah. Its working out to 2000/Sft for a 2 BR place with a net price of around 4 M. I'm not sure if i would want to keep it or sell at completion next year. Downside is that i have to put up 3.8M right now to transfer the unit. Since i'm not really an end user at this point, i was wondering if i should go with this or buy off plan in one of the beach towers in Dubai Promenade even if it is considerably more expensive simply because of the option to pay with a payment plan.

Decisions....decisions....!

I don't think it will be that easy to buy in these towers. Most of the good ones will go to their friends / imaginary VIP launch guests and the fight will be over the not so good units. This is how these ****rs operate. :bash:

Yes you may well be right Mackie

Yes you may well be right Mackie

I would love a 2 bed here - not for investment - but I would never afford it I think - maybe a 1 bed and a unrealistic payment plan. Remember that Emaar sell offplan in Burj Downtown at 5000 psf - I would expect Nakeel to sell here at minimum 5000 psf. Mackie is properly right - we will be offered the left-overs.

At those prices there might be some good left overs. I think anything in the 2 towers would be good. Maybe I will also sell up and move here. But I am wondering do you think the assumed high price will be worth it compared to the Palm Jumeirah shorelines which are much cheaper. I mean the only benefit of living here is the beach and the 5 star donut shop nearby.

We tried hard to like the Palm (there are many bargains to be had) but we could not, especially in the evening. Its hard to explain but this project will be exclusive enough, on the beach and still in the middle of the Marina action, where I think living in 5 years will be very desirable :cheers:

At those prices there might be some good left overs. I think anything in the 2 towers would be good. Maybe I will also sell up and move here. But I am wondering do you think the assumed high price will be worth it compared to the Palm Jumeirah shorelines which are much cheaper. I mean the only benefit of living here is the beach and the 5 star donut shop nearby.

PJ shoreline apartments are poor quality built for £100k making £700k thats what put me off -at 4to 5 k aed psf Promenade will be better value when but if you can wait that is !

Although new projects like in the Botanica area and Trident tower are going to be good quality because they were sold for around 2000 aed psf and with that will have a level of quality to match

Looking forward to City Scape though to see the models(building models that is!)

At those prices there might be some good left overs. I think anything in the 2 towers would be good. Maybe I will also sell up and move here. But I am wondering do you think the assumed high price will be worth it compared to the Palm Jumeirah shorelines which are much cheaper. I mean the only benefit of living here is the beach and the 5 star donut shop nearby.

I think the view will be better here compared to the view at the Palm - also the beach should be better compared to the Palm - but it is hard to justify the double of the price. So investmentwise properbly not the best deal - but if I had the money I would live there.

We tried hard to like the Palm (there are many bargains to be had) but we could not, especially in the evening. Its hard to explain but this project will be exclusive enough, on the beach and still in the middle of the Marina action, where I think living in 5 years will be very desirable :cheers:


Yes i agree with you Mackie and more expensive :cheers:

"As a valued Nakheel customer we would like to reassure you that online registrations for Dubai Promenade are being managed and treated with the utmost priority. Each registration has been logged and time stamped in order for us to ensure that customers are, in the fullness of time, contacted and accommodated in a fair and orderly fashion.

It is our goal to ensure that each registrant for Dubai Promenade is given an opportunity to purchase within this unique community.

A new release of Channel Tower 2 will be announced shortly. "

^^^^ got the same email yesterday!!

i think eventually this development will be one of the best in new dubai, but if i wanted to live there, money wise it would make more sense to wait and buy when they are closer to completion. my guess is that the premium would not be very high then!

http://i38.tinypic.com/335ebma.jpg

Nice one - which level is that from ?

http://i388.photobucket.com/albums/oo325/sscuae/DSC08413.jpg?t=1223372180

Not a very exciting model, probaly be better as a cake design with some nice icing sugar mmmm Doughnut

I think Polo mints should sue!!!!

http://farm1.static.flickr.com/3/5516949_ff2e398700.jpg?v=0

^^^ lol ...maybe? but i think they are better off allowing it ..it will do their advertising good.

o no

On a serious note, if there are elevators how will they work??

On some of the renders there are clear elevator shafts that go straight through the center, don't know if that is still in the plans though.

http://i35.tinypic.com/281riq8.jpg

http://i35.tinypic.com/281riq8.jpgHARBOUR RESIDENCE 58TH FLOOR ?

The Observatory,, 52 Floor

^^ Open to public?

Icon Hotel (LHQ)

http://img509.imageshack.us/img509/7730/picture1mh0.th.jpg (http://img509.imageshack.us/my.php?image=picture1mh0.jpg)http://img509.imageshack.us/images/thpix.gif (http://g.imageshack.us/thpix.php)

Site (Sep. 18)

http://img227.imageshack.us/img227/5561/s4300022zw2.th.jpg (http://img227.imageshack.us/my.php?image=s4300022zw2.jpg)http://img227.imageshack.us/images/thpix.gif (http://g.imageshack.us/thpix.php)

^^ Nice render, waterfall is a good feature.

nexthenx, can you fix the two pictures above the site picture please? BTW thanks for the many renders you post here.

Have to post this in big !! Awesome looking !!!

http://img509.imageshack.us/img509/7730/picture1mh0.jpg

beauty night render .

1 more

http://img90.imageshack.us/img90/195/picture2zb6.th.jpg (http://img90.imageshack.us/my.php?image=picture2zb6.jpg)http://img90.imageshack.us/images/thpix.gif (http://g.imageshack.us/thpix.php)

Official (old design)

http://img225.imageshack.us/img225/6017/dphighresnc7.th.jpg (http://img225.imageshack.us/my.php?image=dphighresnc7.jpg)http://img225.imageshack.us/images/thpix.gif (http://g.imageshack.us/thpix.php)

On a serious note, if there are elevators how will they work??

^^ u can see lifts "shaft" there, more details later

this is Dubai´s la grande arche!

I still want an apartment in the Beach Tower / I am hoping prices will fall very much :-)

^^^ i doubt they will here Moten

I still want an apartment in the Beach Tower / I am hoping prices will fall very much :-)

Actually all Shares of Local real estate companies are down from ages ago but on realitiy , prices are hangin on ? could someone tell me how ??? answer no realtion so what is the realtion ? prices of oil even this one no realtion ....
World Financial crisis no no i guess only War could drop anything down IF there is no War only correction without term called fall could be a Walk case. :D

Highly unlikely that prices here would fall Morten, but there's no harm in hoping right? :) I too am pretty keen on this area but don't think i could ever afford it! When i was at Nakheel's office, the nice sales agent told me that they had a few duplex's and some 2 beds still up for grabs but price was about 5.2 M for a 2 BR (1500 Sft i think).

Great location with some fantastic views though; definitely a catch.

^^^ i rekcon that the beach towers will be even more expensive.

Highly unlikely that prices here would fall Morten, but there's no harm in hoping right? :) I too am pretty keen on this area but don't think i could ever afford it! When i was at Nakheel's office, the nice sales agent told me that they had a few duplex's and some 2 beds still up for grabs but price was about 5.2 M for a 2 BR (1500 Sft i think).

Great location with some fantastic views though; definitely a catch.

Hi Docc - I think you are talking about the channel towers ? The Beach Towers have not yet been launched I think. Kano is right - these Beach Towers units will be expensive. I am still hoping they will not be expensive.

My bad Morten, you're right. I confused Channel towers with Beach towers. As i said earlier in this thread, expect Beach towers to be atleast 4000/Sft!

Also, do you feel that they will not be expensive or do you only hope that they will not be expensive? If its the former, i'd definitely like you to elaborate on why you feel so.

My bad Morten, you're right. I confused Channel towers with Beach towers. As i said earlier in this thread, expect Beach towers to be atleast 4000/Sft!

Also, do you feel that they will not be expensive or do you only hope that they will not be expensive? If its the former, i'd definitely like you to elaborate on why you feel so.

Hi Docc - dont worry - I dont fell anything here will be cheap - it is just my wish thinking :-)

this is Dubai´s la grande arche!

I thought The Gate (in the Dubai International Financial Centre) was.

Please. The DIFC Gate is nice, but its no Grande Arche. The "Grande" part is definitely missing from it!

You are right docc, but this one has the "grande". Plus it has elevators in the void, what the arche in Paris also has. I am curious if we will get an animation from the architects, how they will build the donut building. This construction will even be more interesting to witness than the CCTV in Bejing since IMO it´s more complicated.

I'm definitely looking forward to the construction of The Icon too. However, i don't think any work will start on that for a few years; atleast not until the rest of the towers start rising.

I'm definitely looking forward to the construction of The Icon too. However, i don't think any work will start on that for a few years; atleast not until the rest of the towers start rising.

well, lets see...

commencement of piling works for Icon ~ Dec. 2008 and the completion of piling works for Channel towers ~ end of Jan. 2009

well, lets see...

commencement of piling works for Icon ~ Dec. 2008 and the completion of piling works for Channel towers ~ end of Jan. 2009

For real? That's awesome!

I'd be the the first one to jump with joy if this actually happens! Can't wait to see the icon go up; it'll definitely be a very very very unique building!

Thanks nthenx, you're a star!