Im not looking to sell my apartment 4806.

The reason i put it on the market at that price is to see how the market is and how many buyers i will get. i have advertised it for that price for over a year with bhomes and guess what.

Not a single buyer for that price in a year!

Can an investor help me out on this answer?
Re-sell opportunity is zero on the torch, at the current time, i do not know why?

^^

Because;

Progress is slow.
The unknown plot in front of the Torch could be make or break for the Torch.
Select property seem to be spreading themselves a bit thin on the ground.

Once the build is up around floor 20-30 and the unknown entity is revealed their will be more of a resale market i think, i hope.

Im not looking to sell my apartment 4806.

The reason i put it on the market at that price is to see how the market is and how many buyers i will get. i have advertised it for that price for over a year with bhomes and guess what.

Not a single buyer for that price in a year!

Can an investor help me out on this answer?
Re-sell opportunity is zero on the torch, at the current time, i do not know why?

Change the agency.bhomes don,t appear to communicate well with their clients from my own experience.

Maybe the answer is this: As most sensible investors in Dubai already know, the "make a quick buck" market is pretty much dead here now, you have to be in it for the long term, in other words, wait a few years after completion and then sell, taking advantage of natural value increases in the market.

But enough of this investment bullshit now.

I was at the torch site on monday, where there was loads of workers activity on the plot in front. i think an announcement will happen VERY soon.

Imre posted some new photos here

http://www.flickr.com/photos/imresolt

^^

Is Imre not posting on here any more or is this Flickr as well as SSC ?

He is moving house at present, new apartment and buying all what it needs.
I don't think he has time but it is nice of him to do flikr.#

Many thanks Imre :cheers:

Come back soon Tractor, we need a shot of the pool :cry::cry::cry:

I was at the torch site on monday, where there was loads of workers activity on the plot in front. i think an announcement will happen VERY soon.

Maybe an announcement will be made at the International property Show in Dubai on 17th - 19th Feb.

http://img401.imageshack.us/img401/2286/34702286pn2.jpg (http://imageshack.us)


http://img132.imageshack.us/img132/7741/32331921ui6.jpg (http://imageshack.us)


http://img401.imageshack.us/img401/362/25473469gl6.jpg (http://imageshack.us)


Cheers Imre :cheers:

What in your opinion is a comparable completed property going for 1800 psf ?

Marina Heights (currently listed between AED 1600 and 2500 sq/ft)

great, they are working and even made some progress :lol:. It looks like they're ready to pour the columns of the next floor:cheers:

Yes if you look closely in the 2nd picture you will clearly see another wheelbarrow has been moved to the site from Bay Central which is obviosly why such significant progress has been made here lately.

He is moving house at present, new apartment and buying all what it needs.
I don't think he has time but it is nice of him to do flikr.#

Many thanks Imre :cheers:

Come back soon Tractor, we need a shot of the pool :cry::cry::cry:

He has Internet connection problems. It seams not all websites can be accessed t the moment. He said so yesterday in SkyscraperPage.com forum

Thanks Altin.

2.5 / 3 month progress, W*****rs.

Today
http://img401.imageshack.us/img401/2286/34702286pn2.jpg

November
http://i13.tinypic.com/8ffaxjo.jpg

apparently, they will be at floor 20 by May or so they say...

it's the same progress LOL But different angulation ..

i heard from a fellow investor of the torch that their is quite alot of activity on the old emaar sales site plot.

any news on this?

Did you hear it on page 63 of this thread? :dunno:

I heard from another fellow investor that they will be at floor 20 by May.

I heard from another fellow investor that they will be at floor 20 by May.

All depends on how we are working out the 20th floor. Knowing SP and their "sales speak" they will be counting the 20th floor as:

basement floors x 4
podium floors x 5
health deck (lower plaza) x 1
upper plaza x 1
residential floors x 9

We're currently at residential Floor 1 so by May we will be another 8 floors higher than now - at Floor 9. So only 8 floors higher than present. :nuts:

Or am I being a bit too cynical here ??

11/2/08

http://www.stevesgallery.net/albums/userpics/10001/106_0802.JPG

http://docs.google.com/File?id=d5rhnmx_2778r57qf3

can anyone see any progress in the above pic?

can anyone see any progress in the above pic?

There are no workers here.

My uneducated eye says that since the picture from 11/2 - the core must have moved up because they have installed about two thirds of the framework (formwork?) - left side - for pouring the next floor. There wouldn't have been room to do that unless the core had jumped. Any thoughts from an educated eye?

Although there is clear progress it does seem slow. Some progress is better than no progress though I guess.

They are taking the progress easy to allow Infinity and Ocean Heights to catch up.

But this is best time to be progressing as when summer comes all the restrictions will ally and slow down again

delete

Only 16 weeks to go now until we should get handover according to the contract :banana:

How many investors on here have a December 31st 2008 compensation clause. What are the other dates?

How many investors on here have a December 31st 2008 compensation clause. What are the other dates?

I DO

What rate are they building at? A floor every 12 days?

Many thanks Tractor and welcome back. :hug:

I am getting board of repeating myself about the progress but you are not far off. Now that you are back you will be able to give us a better indication.

@ Anjam;

I was promised a 2007/2008 New Year's Party by the Pool but the Contract is the same as most here. 15/16 weeks to handover :)

Many thanks Tractor and welcome back. :hug:

I am getting board of repeating myself about the progress but you are not far off. Now that you are back you will be able to give us a better indication.

@ Anjam;

I was promised a 2007/2008 New Year's Party by the Pool but the Contract is the same as most here. 15/16 weeks to handover :)

^^ 2007/2008 ? Or 2008/2009 ? If the latter it is still possible, the pool is already there !

Looks like the April floor (official numbering: Residential Floor 2) is three quarters done, they are working on the formwork on the left hand side so should be pouring the floor in a few days. (We may well get another floor done by the end of this month yet).

If you save the photo in My Documents then zoom in at 200% or 400% you can see about 20 workers on site.

BTW a great photo Tractor. :hug:

If you save the photo in My Documents then zoom in at 200% or 400% you can see about 20 workers on site.

As opposed to saving it anywhere else on your PC and zooming in 200% or 400%? :lol:

As opposed to saving it anywhere else on your PC and zooming in 200% or 400%? :lol:

:lol:

As opposed to saving it anywhere else on your PC and zooming in 200% or 400%? :lol:

:lol::lol:

BTW Anyone else not received the payment invoice for the upcoming installment(long term plan) ? Not had mine through yet. I assume they will still be sending them after the Escrow changes, no reason not to?

Just got a couple for the last payment, I was about to call them tomorrow.:cheers:

God, I hate football :lol: .......tonight

:lol::lol:

BTW Anyone else not received the payment invoice for the upcoming installment(long term plan) ? Not had mine through yet. I assume they will still be sending them after the Escrow changes, no reason not to?

Oh god its not that time to pay again is it. :ohno: seems to be never ending.

Don't forget to use the new escrow account everyone.

Oh god its not that time to pay again is it. :ohno: seems to be never ending.

Don't forget to use the new escrow account everyone.

New! only three weeks for the second payment :bash:

Oh god its not that time to pay again is it. :ohno: seems to be never ending.

Don't forget to use the new escrow account everyone.

Yes in case anyone forgot the details here they are.

Barclays Bank
Sort Code 20-30-58
Account Number 10034534
Account Name Mr & Mrs High Times

:cheers:

Yes in case anyone forgot the details here they are.

Barclays Bank
Sort Code 20-30-58
Account Number 10034534
Account Name Mr & Mrs High Times

:cheers:

^^Which charity would you like me to setup the Direct Debit to?

http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/01/07/nclarkson107.xml

dear investors

currently the torch (ds) have newly released the penthouses for sale, after changing the design. The duplex apartments are going for approx 7M AED. What do u think investors good opportunity or bad? please be specific, no sarcastic remarks please.

dear investors

currently the torch (ds) have newly released the penthouses for sale, after changing the design. The duplex apartments are going for approx 7M AED. What do u think investors good opportunity or bad? please be specific, no sarcastic remarks please.

These penthouses are now sold, there is only one left on the ground floor, one of our customers is very interested, you do need to sign the reservation form and fax before 12.00 so we can take it off the market.

What's a penthouse on the ground floor? That doesn't make sense.

What's a penthouse on the ground floor? That doesn't make sense.

Shes takin the p..s

I think the penthouse..... oh wait, no sarcastic remarks. :sleepy:

It's a great deal - in the heady World of Penthouse purchases! Get it bought!
Gone up in price a bit though - weren't they under AED 5M until recently. Does the redesign warrant the price hike?
........or has SP just realised how much all the other Penthouses in the Marina are priced at?

I think the penthouse..... oh wait, no sarcastic remarks. :sleepy:

This penthouse on the ground floor is now sold, however I am informed by our contracts department that there is another one reappeared in the market. You really do need to sign the form and fax it now,they are going fast.

Don,t worry about True Blue and Mackie,they tell lies, we don,t lie, lying is forbidden in Dubai, they are jealous of us because when we were building the Torch they were living in caves.

22/February/2008

The Torch

http://img89.imageshack.us/img89/7747/imresolt013kg6.jpg (http://imageshack.us)

http://img187.imageshack.us/img187/7075/imresolt018cm4.jpg (http://imageshack.us)

http://img89.imageshack.us/img89/9827/imresolt019ej2.jpg (http://imageshack.us)

http://img145.imageshack.us/img145/4409/imresolt020hg8.jpg (http://imageshack.us)

http://img89.imageshack.us/img89/6882/imresolt023kt0.jpg (http://imageshack.us)

http://img187.imageshack.us/img187/3302/imresolt024gf7.jpg (http://imageshack.us)

This penthouse on the ground floor is now sold, however I am informed by our contracts department that there is another one reappeared in the market. You really do need to sign the form and fax it now,they are going fast.

Don,t worry about True Blue and Mackie,they tell lies, we don,t lie, lying is forbidden in Dubai, they are jealous of us because when we were building the Torch they were living in caves.

Hey Greekgirl,

As an employee of Select Property, instead of having a laugh at your investors expense, (the people who pay your salary) why dont you start providing this forum with some factual information on the progress of the build.

The irony of using a man who was paid to lie and decieve his people for your avatar is a bit on the tasteless side for me (bearing in mind some of the information Select Property have presented). I like a joke and to take the piss as much as anyone, but remember you have taken a lot of money from a lot of investors and you have yet to deliver anything.

Come on don't be shy, were all dying to know whats taking so long here ? ;)

Thanks Imre for pics are we on the fifth residential floor now ? - I was loking at the iNDEX project earlier on and that was on the 20th floor this time last year - it's now on the 61st floor that's 41 floors in 52 weeks - if TT achieves that rate of build (and it is a far smaller girthed tower ) and clads and fits out below as it rises I think early 2010 is on the cards for completion ?

The top floor in that picture has no concrete yet ... it is a day or two away from being poured.

check Imres post 1034 taken 18th jan and compare to todays pictures. Looks like 4 levels in 5 weeks, is that the expected rate of rise for a floorplate of this size now its all stright forward?

No, its 3 floors in 5 weeks ... so a floor every 11/12 days.

^^ Will get faster, they started slowly because of finishing podium work and not into the full swing of a platform routine yet. We need another 4 floors before we can really judge the speed.

great pics imre, thank you.

Hey Greekgirl,

As an employee of Select Property, instead of having a laugh at your investors expense, (the people who pay your salary) why dont you start providing this forum with some factual information on the progress of the build.

The irony of using a man who was paid to lie and decieve his people for your avatar is a bit on the tasteless side for me (bearing in mind some of the information Select Property have presented). I like a joke and to take the piss as much as anyone, but remember you have taken a lot of money from a lot of investors and you have yet to deliver anything.

Come on don't be shy, were all dying to know whats taking so long here ? ;)

Hightimes I think GreekGirl is pulling our legs. :ohno:

No, its 3 floors in 5 weeks ... so a floor every 11/12 days.

Much closer to 4 than 3 and one of the floors is a double height.

Thanks Imre the pics are great.

Mackie now that I know you are a ManUre fan our bet has more of an edge :bash:

Hightimes I think GreekGirl is pulling our legs. :ohno:

That's because you dont know what i know. :ohno:

That's because you dont know what i know. :ohno:

Tease :nuts:

Tease :nuts:

foxy,High Times doesn,t understand my humor or sarcasm.

Much closer to 4 than 3 and one of the floors is a double height.

Thanks Imre the pics are great.

Mackie now that I know you are a ManUre fan our bet has more of an edge :bash:

The double height floor was nearly complete 5 weeks ago, just as the 4th floor is nearly complete now. So its 3 floors in 5 weeks whatever way you look at it. Even with DS glasses on ;)

Seems like this towers gonna speed up soon. I'm excited

^^

I agree things seem to be preparing for lift off now.

Looking at Imre's latest pictures the site is looking more organised too.

Seems like this towers gonna speed up soon. I'm excited

please calm down. have one of these-:cheers:

Hi all

New member but have been reading this thread for a while. Im in Dubai and heard today that a German (possibly) developer had bought the land in front of the Torch and Marina Heights buildings and were planning gound level cafes etc etc and 3 towers, 1 residential, 1 commercial and 1 Hotel. The height of the towers could not be determined presently. I phoned DS and a very helpful lady there confirmed that indeed something was planned along the lines of what i was suggesting but nothing could or would be confirmed.

I had a look around a 12th floor Marina View apartment in the Marina Heights today and certainly the plot looks big enough.

Regards

Peter

BMG is the German Developer I would have thought :dunno:

http://www.bmg-group.de/index.php?en_current_projects

It was found months ago by our own German-Scouse detective. :)

^^

Yes i expect that the origin of the source for this info is infact this forum.

Hey "origin of the source" what a fantastic name for a band. I'm gonna register that. :runaway:

May well be. i got it initially from Better Homes but o guess they could have got it from here. Aschtung Spitfire!!!

Dont suppose you know the height of the towers do you, or even if the project has been launched

BMG is the German Developer I would have thought :dunno:

http://www.bmg-group.de/index.php?en_current_projects

It was found months ago by our own German-Scouse detective. :)

^^ Looking at the above website BMG GROUP are preposing 4 towers for dubai marina any guess where? please study website, High times please examine,

Read the Marina Thread, we discussed this back in early November.

http://www.skyscrapercity.com/showthread.php?t=425571&page=90

Also see

http://www.skyscrapercity.com/showthread.php?p=18639588#post18639588

^^ Looking at the above website BMG GROUP are preposing 4 towers for dubai marina any guess where? please study website, High times please examine,

smshah,

Believe me i am as fustrated as you with this whole situation, but as Mackie rightly says we have done this to death already and we are no further forward.

If the recent info posted today came from betterhomes then it came from this forum i can guarantee that much.

Personaly until anything is confirmed im not gonna get too excited or dissapointed.

Yes my info came from Better homes and Dubai Select. I work for a Large civil engineering company so will try to get back door info if i can. Regards to all

Better homes and DS get all their information from this thread. I would ignore this information then.

^^
yes, i'm sure they do. although DS selectively choose to ignore the wisdom from this forum when it comes to completion dates since they are still touting Sept 2009 for TT:ohno:

Many a DS employee can be found on these pages i assure you.

And i dont mean Morris.

^^
yes, i'm sure they do. although DS selectively choose to ignore the wisdom from this forum when it comes to completion dates since they are still touting Sept 2009 for TT:ohno:

"I,m telling you and everyone watching, the tocrh will be completed in 2009"

"The torch is now topped out, don,t believe what you see on this forum, you come to Dubai yourself and see"

"The smoke behind me is not from the torch, its from the Emmar plot in front, we are making a cup of tea, thats how we make tea in Dubai, we cook it on wood fire"

High Times - I challenge you to name the SP (it hasn't been DS for a long time) employees posting on this forum. I doubt there are any at all; except for Morris and I - although Morris needs to be put back into right thinking mode and I think our newest manager - the former Information Minister - has him on his appointment list. It's time for his review; - can't have loyal employees casting doubt upon our entirely factual proclamations and our glorious aims. It's OK - we can make him right again; - we know how to do these things. Soon you will see a new Morris and all will be sweetness, light, and truth in the brave new SP World.

Yousef,

It's always well worth reading the last page or so of a thread before dishing out challanges.

Yousef,

It's always well worth reading the last page or so of a thread before dishing out challanges.

What's youir point - I read every post and have done for a long time?

Can people stop pretending to work for DS (greek girl, yousuf27 etc.) it is kind of boring now.

I think an update from Tractor confirming whether or not the concrete has been poured should put the thread back on track.

Sorry, it isn't yet ... can't be more than a day away I don't think. They should surely be getting the build rate down to a floor per week soon (considering they don't do anything at all on Fridays).

Should easily be topped out by Sep 09 in that case. However, internal fitment and handover take way over 1 year on average. Look how slow marinascape is for example.

Happy to be able to illustrate the good news ... the concrete pour started just now:

http://docs.google.com/File?id=d5rhnmx_39ppmsbgfd

Great photo Tractor, many thanks. :cheers:

Should easily be topped out by Sep 09 in that case. However, internal fitment and handover take way over 1 year on average. Look how slow marinascape is for example.

Steve, i dont think anyone disputes the building will be topped out by Sept 09 - although theyre claiming the building will be 'completed' by Sept 09 ready to start the handover process.

anyways, i think we're all in agreement that we're looking at end of 2010begininng of 2011 (possibly longer) before anyone gets their keys, so the rest is just semantics.

Good one tractor. Promise never to question your counting skills ever again.

Hope you are enjoying the build as much as I am.

At this rate, I will be offering shortly a second wager on 2012 :)

I got to make some money some how :cheers:

^^ £1000 says handover before 2012 ? :)

^^ £1000 says handover before 2012 ? :)

Give me a few more weeks and then, I will be able to tell. The summer months will soon be here and we will then be able to tell. The Chinese might still save your £100 ...........Not :banana:

Can people stop pretending to work for DS (greek girl, yousuf27 etc.) it is kind of boring now.

Its Mr High Times who is wrongly suggesting that there are several posters here work for SP , he is also stating that he knows what we don,t. This is an open discussion forum,there are several ways a poster can express her or his opinion when people are frustrated about the lack of progress, one can be serious, conformational or sarcastic to get her or his point across, come on Mr Clever and tell us what you know.

" The torch occupies an enviable location at the mouth of Dubai marina"
" The entire project has been put together with the international purchaser in mind"

^^

Ok i will try and draw a line under this for good as i agree with others it's gettig silly and boring now.

I have followed this forum for a long while as a guest as i have been researching Dubai for the last 2-3 years before deciding where to buy. When I eventually bought i signed up as a member and participated in the discussion. I find it an excellent resource for independent information.

Everyone knows that companies like Better Homes etc use this forum for info, they even steal photos for their websites and mags, just ask Imre he will confirm this to you.

All development companies are aware of this forum and any potential investor looking to buy in a development with half a brain and a computer will google the development/developer they are looking at buying from before purchasing. That will lead you right to SSC.

If you agree so far then the next logical step is that as developers are wise to this then at some stage one of their marketing team will eventully join as a member in order to put a posative spin on the information chain.

Historicaly members like paultaylorworld and GilesBeswick both of whom at the time they were posting were employed by Dubai Select. Giles is a director of Select Property and i have had many conversations with him regarding the Torch and other related matters. If you think that for some reason Select Property have forgotten about the webs best resource for potential investors in their projects then carry on, and good luck.

So bottom line is i know there are SP employees posting on here which in itself isn't an issue until the integrity of the information being supplied gets distorted by misiformation. That's what i have an issue with.

Greekgirl - you say you have invested in Trident Grand Residence, that's great. Why do you spend so much of your time posting on The Torch, Bay Central and Botanica threads. you seem to have an unhealthy interest in everything Select Property is doing (or not doing as the case may be). It's also a bit of a coinsidence that you joined SSP just as Botanica was launched and the sales process started.

Your signature comments on all SP projects, kinda wierd that you would do that if not an investor in any of them.

So there yo have my rational. I know there are people on this forum with hidden agenda's. I have not directly accused anyone of being a Select Property employee apart from Greekgirl. It is possibele that i am wrong, and if i am proven to be at fault then i will sincerley appologise for my mistake. Nothing personal Greekgirl.

Mr Clever, no but if it looks like a fish, smells like a fish, and moves like a fish, then the chances are it's a fish.

Sorry for the rant but i wanted to make clear my position and the reasons for it. I should have kept what i know to myself and just took with a pinch of salt the comments in question.

Still you live and learn.

^^ I too am puzzled by GreekGirl. GreekGirl, I offer you a chance of redemption. Tell us a little about yourself. Doesn't have to be personal.. just tell us what interests you have in the torch.

Greekgirl is probably one of the previous Damac lovers i pissed off when I used Damac-bash - who followed me around for a bit, found out i've bought in the Torch, and then started doing the same against Dubai Select. It's a no brainer.

I've pressed the ignore button a long time ago. It's a great invention.

Many DS/SG people have bought in the Torch and Bay Central, I know for a fact that they do log on here to get news on and photos of their Investment.

You know who you are :):banana:

^^ I too am puzzled by GreekGirl. GreekGirl, I offer you a chance of redemption. Tell us a little about yourself. Doesn't have to be personal.. just tell us what interests you have in the torch.

Hi foxy, how u doing?

I honestly have no hidden agenda and no further interest in TGR which I have now sold.

I have several investments in the Torch, Botanica and Bay Central.

I bought in the Torch because it will be completed in 2009, invested in Bay Central because it will be managed by Marriott International and Botanica because I liked the idea of having a sky garden. Whats wrong with this?

The only reason I haven't bought in the point because it was sold out, but what I am going to do is use my interest penalty payments from the Torch to fund a resale in the point.

What about you, where have you bought?

Good luck with your quarterly payments, you must have a very high income to meet them all.

That reminds me, can you put your dancing girl avatar back I preferred that one.

....so did I!!!

OK guys, will change it soon.

Is she a girl? Is she/he Greek? :dunno:

I doubt it :banana:

I thought it was Naz to begin with :lol:

What about you, where have you bought?
I am waiting for the next DS residental development to be launched. Someone, please tell me they have yet another one scheduled for sales around Aug 2008:lol:

I have only the one 2 beds in the torch. I have no definate plans to sell or to rent when it is complete (which I am not expecting any time soon). To be honest I quite enjoy the Torch story unfolding. I just hope at the end of it all the flat is finished to a good standard.

Question to all:
Does anyone know if the Torch, on paper, is a better or worse than marina heights. Anyone with any thoughts. My reason for asking is for price comparison purposes.

Is she a girl? Is she/he Greek? :dunno:

I doubt it :banana:

I thought it was Naz to begin with :lol:

I thought it was HighTimes.. (honest) arguing with himself. A bit like Paspertout in "around the world in 80 days".

Finish and facilities are better in spec but ceilings are not as high as MH and balconies and kitchens are smaller.

I honestly have no hidden agenda and no further interest in TGR which I have now sold.

I have several investments in the Torch, Botanica and Bay Central.

I bought in the Torch because it will be completed in 2009, invested in Bay Central because it will be managed by Marriott International and Botanica because I liked the idea of having a sky garden. Whats wrong with this?

The only reason I haven't bought in the point because it was sold out, but what I am going to do is use my interest penalty payments from the Torch to fund a resale in the point.

So Greekgirl,

Just so i understand the facts.

In your 1st post on November 4th you say "I looked at differenet sites bayside residence,, the torch , the point,baycentral and marina heights and settled fot the TGR. I found today a one bed from the developer (they told me it is a reasale). Can I please have some advice as to wether you think I made the right descion to choose TGR."

You say you paid 1.9 million for this in your 2nd post.

In post 5 you say about the Torch "There are 4 x 1 bed for around 1 million each with dubailuxuryhomes, I looked into buying one last month but stretched myself and bought into TGR".

On February 18th you say "has the price of the TGR gone up since I bought?" and also "Very impressed, well done guys who bought there, i hope my TGR is as good when completed."

Then today you say "I honestly have no hidden agenda and no further interest in TGR which I have now sold."

So in the space of 3 months you have bought and sold in TGR (at an immense profit no doubt) and gone from choosing TGR instead of the Torch, Bay Central and Botanica. to now owning several units in the Torch, Bay Central, and Botanica.

Why such loyalty to Select Property i wonder. (if indeed it's true).

The only reason i have spent the last 10 minuites reading all your posts is because i wanted to assure myself that i wasn't being overly accusatory towards you, but i actually ended up reasurring myself that i was right about you all along.

So forgive me, but as far as i'm concerned, your full of shit.

Tractor if your out there is the latest pour underway yet ?

Question to all:
Does anyone know if the Torch, on paper, is a better or worse than marina heights. Anyone with any thoughts. My reason for asking is for price comparison purposes.

I think that the Torch will be a more prestigous development as it is Higher, and more visable especially with the LED display on the top.

The aliminium cladding should look really nice too.

I think price wise they will be similar but if i was offered equal square footage in a completed Torch or MH i would choose the Torch. I think it's a better looking tower but thats obviously subjective.

HT, browse back - I posted a photo last night.

I am totally confused by DCE. They put in a big effort to get the plate ready for the pour last night but today had around 5 people visible on the tower faffing around preparing the uprights & rebar for concrete (which they've only half done). No-one in the core either and that needs to go up a level.

They're really not going full-throttle. Perhaps they're just working to concrete deliveries, I don't know.

^^:lol:sold TGR to buy in the torch :bash:

Hi foxy, how u doing?

I honestly have no hidden agenda and no further interest in TGR which I have now sold.

I have several investments in the Torch, Botanica and Bay Central.

I bought in the Torch because it will be completed in 2009, invested in Bay Central because it will be managed by Marriott International and Botanica because I liked the idea of having a sky garden. Whats wrong with this?

The only reason I haven't bought in the point because it was sold out, but what I am going to do is use my interest penalty payments from the Torch to fund a resale in the point.

What about you, where have you bought?

WOW big spender. I got several 1 2 and a 3 bed on The Point all on the front, give me a profit..............

Can anyone confirm that the Led display has been approved by the Dubai Authorities ?
The light emitted by the structure might disturb residents in neighbouring
towers which are taller than Torch.

:runaway:CURTAINS :runaway:

I work for Select Property. :banana:

AltinD, please rename this thread to #UNDER C: THE NUTHOUSETOWER, 84F Res, 345m [PART 5] :nuts:

***

I work for Select Property. :banana:

No you do not, you have been sacked :banana:

Oh yeah..........I forgot. :lol:

Hi foxy, how u doing?

I honestly have no hidden agenda and no further interest in TGR which I have now sold.

I have several investments in the Torch, Botanica and Bay Central.

I bought in the Torch because it will be completed in 2009, invested in Bay Central because it will be managed by Marriott International and Botanica because I liked the idea of having a sky garden. Whats wrong with this?

The only reason I haven't bought in the point because it was sold out, but what I am going to do is use my interest penalty payments from the Torch to fund a resale in the point.

What about you, where have you bought?

Oh dear!
Psychologists will tell you that a person's nom de plume is a trait of their personality.
I have had my hunch for a long while that you are the very same greek girl who was desperate to sell me the Point about two years ago.

I totally agree with High_Times’ assessment of you (without extending an apology!). I just don't share the same morals espoused by sales reps!

By the way, I am an investor. Never in DS! I sussed you/them out a long time ago.

I joined this forum a little earlier than High_Time but I fell foul of NAZ_UK's moronic rants and got barred. Never mind! I learnt my lesson and dealt with him the best way possible. He is going to have to endure a few more years for his Torch to light the Marina.
I forgave his mostly garbage posts and, in the end, I began to empathise with his frustrations due to his poor investment choice because I guessed I was probably twice his age and of course had made a few bad calls along the way.

Enough of my by-monthly rant about Naz.
Back to you!
I don’t believe for a second that you bought into TGR and have offloaded it already and you are now an ‘Elite customer’ of DS/SP. I have to :lol::lol::lol::lol: at the moronic thought of anyone making those investment choices. Incidentally, I have stated openly that I am not a fan of the Marina but for a few select towers. TGR happens to be one of them. Hence the :lol::lol::lol::lol:
Be honest or suffer the consequences. Good luck!

TGR and The Torch Tower were launched at approximately the same date, June 2005.

Both of the towers will be worth more than double their original value at completion.

Both are good investments.

TGR will not be ready much more earlier than The Torch yet it is only 45F whilst the Torch is 84F and a signature super tall tower at the head of the marina. The Torch is a great investment for some because it allows for non status finance @ 7.9% APR over 15 years and comes with free cash back payments from 31st Dec 08 :)

I think this greek girl or boy is a real timewatser and having us on. How come last week you mentioned in TGR thread that you are happy with the view from your balcony and today you say you sold it, i know several owners in the TGR and I really have my doubts if you ever bought in it.

Dear investors,

Cut the Crap, let us talk about construction

smshah :lol:

TGR and The Torch Tower were launched at approximately the same date, June 2005.

Both of the towers will be worth more than double their original value at completion.

Both are good investments.

TGR will not be ready much more earlier than The Torch yet it is only 45F whilst the Torch is 84F and a signature super tall tower at the head of the marina. The Torch is a great investment for some because it allows for non status finance over 15 years and comes with free cash back payments from 31st Dec 08 :)

I wouldn't exactly say they are "cash back payments" Steve. The compensation is LIBOR plus 1% - I assume as the contract is in Dirhams we are talking about the LIBOR rate for the Dirham, again no mention of which LIBOR rate, though usually lenders work on 3 month LIBOR for a mortgage deal. I can't find out what the 3 month Dirham LIBOR rate is but lets say it is the same as the US Dollar at approx 3%. So SP will be paying 4%. I'm borrowing the money against my UK property at 6.25% so I'm not going to get my payments fully covered by the SP compensation...............unless UK interest rates come down to match the US which seems very unlikely.

Anyway back to construction...........I'm dissappointed the core is not moving up at reasonable rate. They are using N100 concrete which is a first I believe for a tall tower and from earlier posts there appears to be only one cement depot in the UAE that can supply this........perhaps they are indeed having supply problems...........only explanation I can come up with.

There is only one LIBOR rate I thought :cheers:

What it means: LIBOR stands for London Interbank Offered Rate. It's the rate of interest at which banks offer to lend money to one another in the wholesale money markets in London. It is a standard financial index used in U.S. capital markets and can be found in the Wall Street Journal. In general, its changes have been smaller than changes in the prime rate.

How it's used: It's an index that is used to set the cost of various variable-rate loans. Lenders use such an index, which varies, to adjust interest rates as economic conditions change. They then add a certain number of percentage points called a margin, which doesn't vary, to the index to establish the interest rate you must pay. When this index goes up, interest rates on any loans tied to it also go up. Although it is increasingly used for consumer loans, it has traditionally been a reference figure for corporate financial transactions.


1 Year LIBOR Rate, This week 2.82, Month ago 3.27 , Year ago 5.37

I bought in the Torch because it will be completed in 2009

Oh dear... :ohno:

If this is so, you might want to consider trying to 'flip' your apartment/s, as there's no way you'll be taking delivery next year :nuts:.

Have we not reached the floor - by any possible interpretation - where the SP said they would install a live webcam? Wasn't it supposed to be once the 4th floor was complete? I must say my memory is a bit vague on this; - anyone recall?

"LIBOR rate for the Dirham" is called EIBOR, E being Emirates Interbank Offered Rate!

There is only one LIBOR rate I thought :cheers:

What it means: LIBOR stands for London Interbank Offered Rate. It's the rate of interest at which banks offer to lend money to one another in the wholesale money markets in London. It is a standard financial index used in U.S. capital markets and can be found in the Wall Street Journal. In general, its changes have been smaller than changes in the prime rate.

How it's used: It's an index that is used to set the cost of various variable-rate loans. Lenders use such an index, which varies, to adjust interest rates as economic conditions change. They then add a certain number of percentage points called a margin, which doesn't vary, to the index to establish the interest rate you must pay. When this index goes up, interest rates on any loans tied to it also go up. Although it is increasingly used for consumer loans, it has traditionally been a reference figure for corporate financial transactions.

No Mackie there's lots of LIBOR rates ranging from overnight up to 12 months, they are basically fixed rates at which bank lend to each other.

The rate is set daily by the British Bankers Association. They publish the rate on their website but it is always a week behind. The latest date they are providing info up to is 19th Feb. The US Dollar 3 month LIBOR rate as at 19th Feb is 3.07%.

Here's a link to their Excel spreadsheet. Click on Feb'08 in the middle and you'll get the spreadsheet download showing rates for this month up until 19th:

http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=141&a=11948

There's a lot of different currencies on there, the Japanese yen is an interesting rate.

By 2011/2012 LIBOR will be 6.3299% and £=5.897 AED :banana:

And Steve / Foxy will pay up what they owe me :lol:

"LIBOR rate for the Dirham" is called EIBOR, E being Emirates Interbank Offered Rate!

Yes there is that one, the local inter bank rate based in the UAE. My SP contract quotes LIBOR though, so it will be based on the London market rate. I doubt there's much difference. :)

So assuming 4% (3%+1%), those on the 15 year plan would get just under 1/3 of their quarterly payments deducted each quarter ?

Mr Clever, no but if it looks like a fish, smells like a fish, and moves like a fish, then the chances are it's a fish.

Talking of fishy, some people here bought the cheapest units, had their floor area increased and will end up having the best views within the torch.

Care to explain Mr. M? :lol: :banana::banana:

Talking of fishy, some people here bought the cheapest units, had their floor area increased and will end up having the best views within the torch.

Care to explain Mr. M? :lol: :banana::banana:

It was a special staff scheme. :cheers:

:lol:

I am waiting for the next DS residental development to be launched. Someone, please tell me they have yet another one scheduled for sales around Aug 2008:lol:

^^Launched last week. Keep up.

Yes there is that one, the local inter bank rate based in the UAE. My SP contract quotes LIBOR though, so it will be based on the London market rate. I doubt there's much difference. :)


^^Haven't got my contract to hand but I seem to recall a paragraph saying "LIBOR rate as quoted by HSBC Dubai" :dunno:

^^ Only if LIBOR rate is not available then the base rate of HSBC Bank Middle East Ltd will be used. Rate will be reset quarterly.

Good luck with your quarterly payments, you must have a very high income to meet them all.

That reminds me, can you put your dancing girl avatar back I preferred that one.

Thank you. Morris, High Times and myself were offered the normal 25% staff discount and taken advantage of the special staff 30 years payment plan.The bonuses we get from sales are more than enough to cover those payments, its not a bad job really.

^^Launched last week. Keep up.

I beg your Pardon. What's this new development called? Let me guess ... Amazonica

I beg your Pardon. What's this new development called? Let me guess ... Amazonica

^^ http://www.skyscrapercity.com/showthread.php?t=586207

I beg your Pardon. What's this new development called? Let me guess ... Amazonica


Why the f@@k would you of all people be interested in anything from SP anyway !!

Why the f@@k would you of all people be interested in anything from SP anyway !!

Exactly. Not that stupid to hand over money on quarterly basis to wannabe developers who have not completed and/or delivered a single residential unit in their operating history. Tells you a lot about them if despite the fact they are having major difficulties in getting their existing projects off the ground, they still go ahead and launch new developments. :ohno:

Common sense rules here : Learn to walk before you learn how to run ...hehe

Exactly. Not that stupid to hand over money on quarterly basis to wannabe developers who have not completed and/or delivered a single residential unit in their operating history. Tells you a lot about them if despite the fact they are having major difficulties in getting their existing projects off the ground, they still go ahead and launch new developments. :ohno:

Common sense rules here : Learn to walk before you learn how to run ...hehe


So why you so interested to ask us about their new launches then ?? :stupid:

Extremely curious on DS and their operations. Keeps me abreath on the latest sales bollocks used to market a development.

Please send me a pm when you to post the next DS launch. Let me guess, it going to be in Abu Dhabi

Extremely curious on DS and their operations. Keeps me abreath on the latest sales bollocks used to market a development.

Please send me a pm when you to post the next DS launch. Let me guess, it going to be in Abu Dhabi


Do us all a favour and stop acting like a twat. :ohno:

Do us all a favour and stop acting like a twat. :ohno:

Morris - it's OK the weather is warming up - he'll be back on the railway station platform with his anorak and his flask, writing down numbers; - or on the viewing platform at Heathrow - with his radio,- listening to Speedbird 1 in the approach - again soon. Tall buildings are just his Winter thing! :lol:

Do us all a favour and stop acting like a twat. :ohno:

Ok let me try. DS are so cool. They are a class above all other developers in Dubai. For example, they are the only developers i know that on purchasing a unit, send you a Platinum membership card :banana:. This entitles you to a multitude of discounts and benefits like 20% at Grosvenor House hotel, 15% discount with Qatar Airways amongst others. Isn't that so cool, guys?

Ok let me try. DS are so cool. They are a class above all other developers in Dubai. For example, they are the only developers i know that on purchasing a unit, send you a Platinum membership card :banana:. This entitles you to a multitude of discounts and benefits like 20% at Grosvenor House hotel, 15% discount with Qatar Airways amongst others. Isn't that so cool, guys?


Shame you ignored my last post.

What about tomorrow will be the handover date for The Torch Tower !!! :runaway:

I wouldn't exactly say they are "cash back payments" Steve. The compensation is LIBOR plus 1% - I assume as the contract is in Dirhams we are talking about the LIBOR rate for the Dirham, again no mention of which LIBOR rate, though usually lenders work on 3 month LIBOR for a mortgage deal. I can't find out what the 3 month Dirham LIBOR rate is but lets say it is the same as the US Dollar at approx 3%. So SP will be paying 4%. I'm borrowing the money against my UK property at 6.25% so I'm not going to get my payments fully covered by the SP compensation...............unless UK interest rates come down to match the US which seems very unlikely.


Actually, I'd argue our losses are higher than you're suggesting. Most of us will rent our apartments out; a few may live in them. So our losses are either the rental income on our apartment between contractual completion and actual handover or the cost of renting a comparable property for that period. Which amounts to the same thing. And I'm guessing if a Torch apartment was ready to hand over now, it'd generate rent in excess of 10 percent of the purchase price per annum...

Come on guys,you making this thread boring.Stop having a go at each other.

"In a few days, you will witness something that can only be considered very beautiful against those who are jealous from SP.That,I assure you":)

Nice new avatar. Are those the hot SP sales girls :)

Greekgirl, Please, no home made porn on this thread. I know we have had everything else.

Where's a moderator when you need one.

Nice one greek girl.. appreciate your idea ..


keep changing you avatar regularly i like it very much and thirsty for more

give me more :cheers:

Thanks guys. I,m all yours.

Hello

It's me again and sorry if I insisted with RERA escrow law no. 8!
I went to the other forum, related to the investor, but I had no response from there, as it looks that the thread is on a standstill mode!

But I think that someone can help me: just going to that thread:

http://www.totallyproperty.com/dubai-property/3539-dubai-issues-escrow-account-law-property-sector.html

search for Wayneis, who posted the link to the law no. 8 on 25th July 2007.

At this point, I would like to know please which lines from that law translate the RERA document sent by Dubai Select property?

Anybody...please??

By 2011/2012 LIBOR will be 6.3299% and £=5.897 AED :banana:

And Steve / Foxy will pay up what they owe me :lol:

my wife had a terrible libor with our first child. i wouldn't recommend it to my worst enemy:fiddle:

^^:lol:

That is funny, welcome back :hug:

Guys, what is the going rate for a 3 bed in the Torch?

i think Approx 300million Fils .

The Torch top right :) 4 residential floors done.

http://img84.imageshack.us/img84/6366/imresolt10qs2.jpg

i think Approx 300million Fils .Sounds Good - where do I sign and move on ! LOL ! Seriously though things are staring to happen should it be 56 Floors & 2,200 Aed per sqft by Feb 09 ?

ur right in higher floors ;)

No Feb update from SP then ? :ohno:

I wonder if the prommised webcam will ever appear

Doubt it, look how fast 23 Marina is compared with TT.

1/2 of 5th floor prepared for concrete ... its 4/5 days since the 4th floor was poured.

March 1st

http://i25.tinypic.com/1g0pxk.jpg

thanks for the pic AltinD.

it looks like its taking 10 days per floor judging from this and Imre's last photos.

Many thanks Altin :bow:

thanks for the pic AltinD.

it looks like its taking 10 days per floor judging from this and Imre's last photos.Would any expert in construction have an opinion as to wheter TT will speed up from now on ? How fats is 23 MARINA GOING UP ?

^^ 23 Marina is going as fat as it was designed to be. :yes:

^^ 23 Marina is going as fat as it was designed to be. :yes:Must improve my typing skills !!! ROFLOL !!:):):)

^^ 23 Marina is going as fat as it was designed to be. :yes:Must improve my typing skills !!! ROFLOL !!

Great photo Altin. :master:

TT is only 4 floors behind 23 Marina and a fair way ahead of Princess.

How long do they have to wait for the concrete to set before they can start putting up the formwork for the next floor ??

Altin you are a star. Great update. :cheers:

How long do they have to wait for the concrete to set before they can start putting up the formwork for the next floor ??

48 hours should be enough. The trick is to keep the props in the floors below so that it is not supporting the weight of the floor above directly. All the loads are spread to the older and stronger floors below.

Concrete reaches its target strength in 28 days and around 70% in 7 days, depending on additives and curing.

great photo altin, although it is a slow progress, it is nice to see TT rising. i wonder if any of SSC forumers is the owner of a unit in the first 4 floors..

TT is ... a fair way ahead of Princess.

:lol: That's a funny joke.

5th floor looks ready for concrete today/tonight.

great photo altin, although it is a slow progress, it is nice to see TT rising. i wonder if any of SSC forumers is the owner of a unit in the first 4 floors..

^^ I think these are the fractional ownership floors. There are a few people with units here in the owners group.

^^

How many members you got now Anjam ?

^^

How many members you got now Anjam ?

31 of us with around 36 units. Not a very busy group but sometimes it's nice to talk amongst ourselves.

:lol: That's a funny joke.

It's because of the 100 AED bet's closing time. :lol:

48 hours should be enough. The trick is to keep the props in the floors below so that it is not supporting the weight of the floor above directly. All the loads are spread to the older and stronger floors below.

Concrete reaches its target strength in 28 days and around 70% in 7 days, depending on additives and curing.

Cheers for the info TB. :)

Sounds Good - where do I sign and move on ! LOL ! Seriously though things are staring to happen should it be 56 Floors & 2,200 Aed per sqft by Feb 09 ?

that would be nice:banana:

http://img219.imageshack.us/img219/9135/updateos3.jpg (http://imageshack.us)

http://img219.imageshack.us/img219/9135/updateos3.jpg (http://imageshack.us)

^^ Steve> Have you managed to find the Feb update online? The latest I can see is Jan2008 but like you I have had the email through.

It is not working online yet, copied from email instead.

Feb 08 construction update, courtesy of DS website.


http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m31-(large).JPG
The Torch
The Torch is now currently ten storeys high including the core. All the structural columns are in place for the height of the building. Each floor has had the floor plates poured with concrete The steel rebar for what will be the 3rd floor of the tower is in place, ready to have the concrete poured around it. Another pour for the floor plate of the ninth floor took place end of February.

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m39-(large).JPG
DCE: This image shows the DCE office within the lower floors of the torch, you can see that plumbing and electrical is all in place.



http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m38-(large).JPG
Fire points are clearly visible on this interior picture showing the ramp to car-parking levels.

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m40-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m41-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m42-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m43-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m32-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m33-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m34-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m35-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m36-(large).JPG

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m37-(large).JPG

Go Torch!! :banana:

Looks like some sample tapwares and sanitary wares;

http://www.selectproperty.com/regions/dubai/the-torch/resources/images/m38-(large).JPG

I read that 3 new towers have been anounced in the marina, all 90 floors min. I can't think of a plot big enough where this could be, anyone? :dunno:

What about Oasis beach site is it big enough?

if these 3 towers are being built in front of the Torch this will slow down the progress of the Torch. Lets hope they get a move on with the construction.

Commercial tower right at the head of the marina? Menothinkso.

I think they'll be next to The Summit, officially part of TECOM (at least the commercial tower will be) across the road from Pentominium, 23 Marina, etc.

I agree Tractor,

100 floors of commercial property, averaging 20 workers per floor minimum.

Thats minimum of 2,000 workers coming and going everyday on the road system around the tallest block even if a half the people use public transport thats insane.

04/March/2008

The Torch

http://img525.imageshack.us/img525/1439/imresolt019ov5.jpg (http://imageshack.us)

http://img150.imageshack.us/img150/9687/imresolt075nf6.jpg (http://imageshack.us)

^^ Nice view Imre, the guy who has this balcony is very lucky :lol::banana::banana:

if these 3 towers are being built in front of the Torch this will slow down the progress of the Torch. Lets hope they get a move on with the construction.

mystery solved:)

http://img82.imageshack.us/img82/4450/dubaimarinacopydf1.jpg (http://imageshack.us)

You could have kept this for a couple of days and leave me to enjoy the photos from today :cry: :cry: :cry: :cry:

:down::gaah::wtf::horse::rant::badnews:

this is good news I think , better than the original plan, it was 4-6 towers but now just 3.

there will be enough gap for the marina view

I doubt the 100 floors tower would be purely commercial, a Hotel and serviced apartments must occupy a considerable number of floors on that building.

this is good news I think , better than the original plan, it was 4-6 towers but now just 3.

there will be enough gap for the marina view

Is that three towers for the whole plot including the bit between TT and MH ? Do we know if they will have a shared podium?

This brings the Torch re-sale value right down in my opinion right now. Any pictures of what these 3 towers will look like. Interesting to see how much of a marina view we will have from the Torch now.

^^ Check the respective thread, a render of 3 x 90 something floors towers for the area was found a few week ago, and maybe it's the right one.

^^ has anyone said where their 3 towers are going to be? apart from speculating its going to be on the old emaar sales plot?

does anyone know?

Found by Malec; :cry::cry::cry:

http://img260.imageshack.us/img260/5996/ssskm6.jpg[/QUOTE]

^^ the above picture doesnt tell me where the towers are going to be, can u?

Your not going to know exactly where they will be until they start construction.

looking at the map above gonna be right in front of the torch, blocking some of the marina view

the 3 towers that are proposed are NOT schduled for this plot, i just spoke to bhomes they said to they have not finanlised the plans and not 100% sure about the plots, i did ask her about the emaar sales plot and she said no its not going to be there. remember guys a 90 flooor tower would ruin the look of the supertall district

theres doesnt look like much space there for another building

they why did they send this map for me??

could it mean there is another 3 tower proposal somewhere

the original 28 x 2 + supertall between TT & MH perhaps

:lol: this is crazy, so many rumours now. Nothing confirmed yet.

this is not enough for the confirmation?

Dear Sir/Madam

I’m glad to keep you informed that we are pre-launching a project in Dubai Marina on the 4th week of March which consists of the following:

· G+90 Residential Building

· G+90 Residential Building

· G+100 Commercial Building

The project is in a very attractive location in the Dubai Marina development and it is directly facing the lake. (Please find the attached location map).

If you would like to be contacted on the pre launch please reply to my email verifying if you will be looking for Commercial or residential.

I look forward to hearing from you

Best Regards

No better homes are now denying this is the plot. They have also suggested it will be the hard rock cafe plot.

this is not enough for the confirmation?

Dear Sir/Madam

I’m glad to keep you informed that we are pre-launching a project in Dubai Marina on the 4th week of March which consists of the following:

· G+90 Residential Building

· G+90 Residential Building

· G+100 Commercial Building

The project is in a very attractive location in the Dubai Marina development and it is directly facing the lake. (Please find the attached location map).

If you would like to be contacted on the pre launch please reply to my email verifying if you will be looking for Commercial or residential.

I look forward to hearing from you

Best Regards



dear imre

Who was the above email from? i see u sliced the name from the email. and also the picure u posted has been used many times on skyscrapercity. u sure u didnt make it yourself?

ive spoken to bhomes today, theu have not chosen a plot for this project. a 100 floor tower will ruin the look of district 10

I have just spent the last 30 mins on the phone to BH in Dubai.

Spoke to a sales manager called Penny Higgins.


She said that BH have been asked to advise a non disclosed developer what would sell well in the Marina at the moment. BH will be acting as consultants on the projects.

When i mentioned what i know from this forum she put her hand over the phone, gigled, went quiet for a couple of minites and came back to me and said no no thats not right.

She said that there are 2 buildings which will be launched within 2-4 weeks.

No confirmed heights yet.

When i asked exactly where they will be built her words were they will definately be built infront of Marina Heights.

Imre i'm not doubting you for a second here mate, but i think this whole thing smells of a publicity stunt for BH.

Who sent you the info today ?
Do you know them personaly or are you just on a mailing list like me?

I have always thought that when these towers are eventully launched it would be in style at some kind of exibition like marina arcade was, not by a rental agency company (a very amatuer one at that).

I am expecting the worse here. The 3 towers that malec posted will go where Imre said. That way i cant be dissapointed AGAIN.

this sounds like a publicity stunt by bhomes. Why would a developer use bhomes in the first place, they are a damn estate agents. Ok i understand imre judgement they tell him 3 towers and then high times get told 2 towers. sounds very strange, load of bullshit, we just have to wait and see

^^Sounds like wishful thinking on your part :bash:

I thought you spoke to them. I do believe this theory and I would not discount it at all. :nuts:

dear imre

Who was the above email from? i see u sliced the name from the email. and also the picure u posted has been used many times on skyscrapercity. u sure u didnt make it yourself?

ive spoken to bhomes today, theu have not chosen a plot for this project. a 100 floor tower will ruin the look of district 10

dont worry, I am not cheating , I am neither developer nor real estate agent:)

he is working for the betterhomes but I think better if I not post his name

Dammit, this is very annoying indeed! Is this all a big wind up?!

Guys, Imre is correct. I am afraid these 3 towers are to be built in Emmar,s plot and guess what? prices for residential start from 4 K!!!!

^^I don't believe a word you say :banana:

dear imre

Who was the above email from? i see u sliced the name from the email. and also the picure u posted has been used many times on skyscrapercity. u sure u didnt make it yourself?

ive spoken to bhomes today, theu have not chosen a plot for this project. a 100 floor tower will ruin the look of district 10

Be carefull what you say in here.

I have just spent the last 30 mins on the phone to BH in Dubai.

Spoke to a sales manager called Penny Higgins.

penny.higgins@bhomes.com

She said that BH have been asked to advise a non disclosed developer what would sell well in the Marina at the moment. BH will be acting as consultants on the projects.

When i mentioned what i know from this forum she put her hand over the phone, gigled, went quiet for a couple of minites and came back to me and said no no thats not right.

She said that there are 2 buildings which will be launched within 2-4 weeks.

No confirmed heights yet.

When i asked exactly where they will be built her words were they will definately be built infront of Marina Heights.

Imre i'm not doubting you for a second here mate, but i think this whole thing smells of a publicity stunt for BH.

Who sent you the info today ?
Do you know them personaly or are you just on a mailing list like me?

I have always thought that when these towers are eventully launched it would be in style at some kind of exibition like marina arcade was, not by a rental agency company (a very amatuer one at that).

I am expecting the worse here. The 3 towers that malec posted will go where Imre said. That way i cant be dissapointed AGAIN.


I wonder why they asked bhomes of all people, they are the worst agent in Dubai and not able to sell anything. Their website is also ancient.

Laughing at customers on the phone, very professional indeed. :bash:

@smshah

Yes, watch it. If you upset Imre, we will be coming for you :horse::gunz:

You should have listened to Steve and I and gone to Bay Central.

Guys, Imre is correct. I am afraid these 3 towers are to be built in Emmar,s plot and guess what? prices for residential start from 4 K!!!!

:bash: Yes sure, I do not believe anything a transvestite says.

^^ So I guess you'd have your own reasons for that, right? :dunno:

^^I don't believe a word you say :banana:

You want to bet on it?

And where did you get this info from exacty ?

And where did you get this info from exacty ?

My PSYCHIKOS powers.:)

^^ You make that sound like it is something that taste good with gyros and a glass of uzo.

I’ll add……No smoke without fire!

You want to bet on it?

http://i29.tinypic.com/10fs7e1.jpg

Just to briefly cheer people up: 5th floor of tower now being poured.

Just to briefly cheer people up: 5th floor of tower now being poured.

DS/SG calls it floor 10. :bash:

Who cares anymore :cry:

DS/SG calls it floor 10. :bash:

Who cares anymore :cry:

^^ I think 75% of the owners in TT still care :) What goes on the Emaar plot won't make a difference to many.

http://i29.tinypic.com/10fs7e1.jpg

What? 100 drachma! :bash: I thought you loaded.:ohno:

^^ I think 75% of the owners in TT still care :) What goes on the Emaar plot won't make a difference to many.

You mean 65% :dunno:

I own 35% of the tower :cheers:

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As it stands at this point :lol:

Found by Malec; :cry::cry::cry:

http://img260.imageshack.us/img260/5996/ssskm6.jpg[/QUOTE]

Yes, this one could be it!!! Counted the floors of this one and it's around 90 floors high. Design for this part of Marina :hm:

Hope not it is ugly :puke:

It's not ugly, but would be better for BB!!

If this ugly wall sells at 4 k, my Torch units should sell for at least 3k now.

If they launch at 4k/sq ft then it won't be built for 5+ years. About the same time Damac Heights starts!!

smshah can not even get 1k for his Torch unit at better homes. Been listed there for 1 year. Did you get any offers at all smshah?

I find it really wierd that all this latest info has come from betterhomes via Imre.

Dont get me wrong i have massive respect for Imre and believe him to be a genuine guy, thats for sure.

But do you think that arguably the most secret development, in the primest location of the marina being leaked from an estate agent.

My columbo insincts tells me something aint right.

It's common knowledge that betterhomes have been effectively stealing Imre's work for ages now.

http://www.skyscrapercity.com/showthread.php?t=410098

This thread has had nearly 10,000 views alone.

The first few posts are quite derogatory about agents. Could this have pissed off someone at betterhomes ?

Why would betterhomes send this info to just Imre ?

Maybe its for real and were all just in denial, maybe it's designed to damage Imre's credibility in some way. I dont know, I'm just thinking out loud here.

Whatever the outcome - Keep up the good work Imre. :)

^^ Well, that can be true also and the SCUMBAGS want to come back at us for the well deserved criticism and bashing toward them in this forum.

Well if that's the case just show them the middle one o|o

...ive spoken to bhomes today, theu have not chosen a plot for this project. a 100 floor tower will ruin the look of district 10

HUH? You in denial, buddy!

smshah can not even get 1k for his Torch unit at better homes. Been listed there for 1 year. Did you get any offers at all smshah?

actually i received an offer for 1.6, i turned it down