developer :- DUBAI SELECT
type :- residential
floors :- 40
location :- ??(next to habtoor tower)

Tower to be launched soon.
Can anyone post pics ?

Nice.....next time try and label title of thread like the others I.E

Approved: Botanica, 40F Res, ?m

What is your source?

called Select Property today. they confirmed that the name is BOTANICA TOWER. The pre-launch is 7th november. and it will be in the habtoor/ grosvenor area.

they were very reluctant to say anything else.




...

I might book a studio if the price is right.

developer :- DUBAI SELECT
type :- residential
floors :- 40
location :- ??(next to habtoor tower)

Tower to be launched soon.
Can anyone post pics ?

http://i20.tinypic.com/5150zq.jpg

nice looking tower

^^ it is quite nice...let's wait for a payment plan and hope the escrow account would be used in this one!!

I like it. Let's hope DS doesn't convert into a mini Damac now with all these launches.

Yeah, 1 launch per year. That's ridiculous! :bash:

Resembles Bonnington Tower. Nice one though.

Decent looking tower. Krazy there is a long way to go before DS can match DAMAC and the other 3 towers are all under consturction, Delayed maybe, but still under construction.

I'd like to know pre launch prices and possiably a contact and excat location. Got a large Sum of AED sitting in Bank doing nothing :D

Anyone think 1.4 mil AED is a good price for a 1 bed 855 sq ft with full ocean views?

Anyone think 1.4 mil AED is a good price for a 1 bed 855 sq ft with full ocean views?

That is 1637 AED / sq ft, prices in the marina are rocketting. I would,t be surprised if they reach 2000AED/sqft in the next few months.

Ocean Heights are offering 1-beds for 1.97 million Dhs, and a 10% rental guarantee. :crazyshit:

Ocean Heights are offering 1-beds for 1.97 million Dhs, and a 10% rental guarantee. :crazyshit:

Exactly NAZ, what is happening to the prices in the Marina? In August 2005 I was offered a one bed at Ocean Heights for just over one million Dhs, the prices have now doubled.I am tempted to buy at Botanica as I can only see prices heading north.

I agree I believe botanica has one bedrooms with marina views or partial marina views on the 34th floor for 1 mil and on the same floor but with full ocean views over the Le royal meridien from balcony for 1.4 mil think in 2-3 years these will be 2500 per sq ft at least

Is this the location, in the triangle shape ?

http://img354.imageshack.us/img354/8634/2992686649f6fedecefoeh9.jpg

What towers are going to be built around it ?

http://img252.imageshack.us/img252/2402/newimagezj0.jpg

Good location next to Dubai Promenade. Need to be carefull about sea view towards the palm.

Whats being built in front of it in the square plot?

As the building in on an angle the absolute best views will be from the back of the building directly over the Le royal meridien to the sea.

So if I was to buy a one bed with clear seaviews it has to be on 22nd floor and above, is that right?

not exactly sure of which floor would guarantee the views but the top floor for the 1 beds is the 34th so something around there would be the biz

Any reason to prefer this tower over Bay Central ?

I like the sea view over Le Royal Meridian and the fact it is close to Dubai Promenade and GH.

The 17th floor Botanic Garden of course:)

The Building will be in the 90 degree corner, best views in my opinion are units 1 & 4 at medium to high level.

Whats being built in front of it in the square plot?


new road

Thanks Imre.So do we agree that 1&4 high floor will have best sea views?

Thanks Imre.So do we agree that 1&4 high floor will have best sea views?


IMO 02 will also have a good sea and palm view.

Yeah, 1 launch per year. That's ridiculous! :bash:

What's more ridiculous is the 1+ year delay on every DS project so far :yes:

^^ Errm how's that different to any other developer in Dubai, i thought we generally agreed a years lapse between Launch and Construction was normal, excluding EMAAR.

So do people have floor plans for this tower ???

^^ Errm how's that different to any other developer in Dubai, i thought we generally agreed a years lapse between Launch and Construction was normal, excluding EMAAR.

I don't understand why people believe that this is the 'norm' in Dubai... look at Marina Diamonds, look at ETA developments.. there are developers who do deliver with less than a year delay. Just because developers like DS fail to deliver on time again and again, it does not make it OK nor does it make it the norm.

IMO 02 will also have a good sea and palm view.

do we have a floor plan yet?

any idea about pre launch prices ???

What's more ridiculous is the 1+ year delay on every DS project so far :yes:

so one of estimates of complete date for this tower not before 2011..

Plot is definitely 9M.
04 apartment will have a decent palm view.
The new road passes alongside the plot ensuring a permanent Palm View.
I 've just noticed ,the position of the new bridge opens up a decent plot directly in front of Infinity..Can anyone confirm this?

Sorry about the "watermark" I haven't had much time to find a good PDF converter on the net but most of the stuff is readable.

DS are giving a 2.5% discount off these prices if purchased prior to official launch on 18th November. Non-status 15 year payment plan is available.

http://i21.tinypic.com/2u4j0d4.jpg

http://i21.tinypic.com/8x6mnq.jpg

http://i23.tinypic.com/wuikpu.jpg

http://i17.tinypic.com/6wr9c75.jpg

http://i10.tinypic.com/7w7r0bl.jpg

thanks Morris. I'd be careful while buying regarding views... Nakheel's doughnut project should block a lot of sea views

What's more ridiculous is the 1+ year delay on every DS project so far :yes:

Can you name me similar projects that haven't had similar delay please?

Thanks Morris for posting the plans. Now I think the best seaviews will be from 01 over the royal meridian, the problem with 04 is that the balcony does,t look at sea but at Grosvenor house.Not sure about 02, it does,t appear to have a balcony.

Can you name me similar projects that haven't had similar delay please?


I've had a good think but can't come up with anything.

However I can name quite a few developments where there have been similar delays such as Trident Grand Residence and Princess. Now, everybody loves these, says absolutely f'@@k all about delays, nevers say anthing adverse about them, threads are nothing but full of positive comments and they talk as if they're the best developers in the world. I've never really got my head round this and there's no logical reason for people to support these developers but not DS. To be honest I'm so sick and tired of it, this is the last comment I'm going to make about it as I just can't be bothered any more. :sleepy:

Krazy is right, the Torch should have been finishing by now and has just started (so it will be 3-4 years later than their first claimed finishing date?). DS are doing a mini-DAMAC .... and fair play to them. They have 1/2 this forum convinced!

dear morris could u plz post payment plan for BOTANICA ...n thnx alot of prices list

I've had a good think but can't come up with anything.

However I can name quite a few developments where there have been similar delays such as Trident Grand Residence and Princess. Now, everybody loves these, says absolutely f'@@k all about delays, nevers say anthing adverse about them, threads are nothing but full of positive comments and they talk as if they're the best developers in the world. I've never really got my head round this and there's no logical reason for people to support these developers but not DS. To be honest I'm so sick and tired of it, this is the last comment I'm going to make about it as I just can't be bothered any more. :sleepy:

But the difference between the Trident and Dubai select is that the Trident is delivering, look at marinascape and Bayside residence. The Torch and Trident Grand Residence were launched at same time, now the TGR is rising fast whilst Torch still stuck at ground level.The Trident has already passed the test !

Krazy is right, the Torch should have been finishing by now and has just started (so it will be 3-4 years later than their first claimed finishing date?). DS are doing a mini-DAMAC .... and fair play to them. They have 1/2 this forum convinced!

How "should" the Torch have been finished now when the original completion date was June 2008?

Why bother posting at all, if you refuse to incorporate facts into your statements? :dunno:

So sorry, I meant topped out, hence the word 'finishING' rather than 'finishED'. Terribly sorry, was I 6-8 months (15%ish) wrong with my statement? I should hang my head in shame, lol.

I don't expect you to accept the truth, Naz - why bother posting if you're obviously biased and generally unpleasant/sarcastic in all your posts.

But the difference between the Trident and Dubai select is that the Trident is delivering, look at marinascape and Bayside residence. The Torch and Trident Grand Residence were launched at same time, now the TGR is rising fast whilst Torch still stuck at ground level.The Trident has already passed the test !

I disagree, TGR is a little behind the Torch in construction so there is no real difference in the 2 developers.

The 24th floor Botanic Garden of course:)

The Building will be in the 90 degree corner, best views in my opinion are units 1 & 4 at medium to high level.

now tha avaliblity for units 4 (only from 1st floor to 6floors)
by end of this week i guess..it will disappear :ohno:

^^ you mean they are almost sold out of 04 units in 24 hours ! The tower is not even launched yet!

both angle views (sea n palm ) 75%hold ...when it lunch it could be at 25min all sold out ..

I am confused why this is selling out so quickly compared to BC, The Point and the Torch. Has the market increased that much. They are not cheap units.

yea man THEY ARE GOOD in this selling but the rest with delayed ...like the point the torch towers etc....

dear morris could u plz post payment plan for BOTANICA ...n thnx alot of prices list

Sorry I don't have the payment plan details, the numbers are of course specific to the price of the apartment. I suggest you give DS a call and they will e-mail you some examples. :)

Completion date is September 2010. Construction is by DCE.

15 year non status payment plan, 15% on contract exchange, 15% in May 08, (approx total AED 270,000) then approx AED 18,000 each quarter for a 1 bed until June 2023 :)

In other words approx. 50% to be paid before rental income stream or occupancy.

Botanica successfully brings together the glamour, luxury and comfort which is synonymous with Dubai, but with an added twist which undoubtedly sets it apart from every other development in the Marina.

Dominating the whole of the 17th floor is a tropical sky garden, enabling you to fully experience the Dubai skyline from a tranquil and serene setting which is truly unique.

In addition to high capital growth Botanica offers superb rental potential due to its close proximity to the commercial areas of Dubai Media City and Internet City, while also being on the doorstep of the premier hotels and beaches. It therefore has appeal to both residents and holiday markers – making the accommodation incredibly marketable and helping to sustain high rental yields and growing capital appreciation.

Botanica Facilities:

Each of Botanica’s luxury apartment’s benefit from the following:


State of the art temperature-controlled outdoor
swimming pool, gymnasium, children’s pool, jacuzzi,
two coffee shops, small convenience store, dry cleaning
facilities, 24 hour security, 24 hour maintenance and supervision

Botanica Apartments

Botanica’s luxury apartments benefit from magnificent views of either the Arabian Gulf or marina, with private balconies perfectly positioned to take full advantage of its prime location.

Each of the studios, one and two bedroom apartments are designed to maximise the light and space, utilising all areas within the apartment. The use of floor to ceiling windows maximises the views of the Dubai skyline, while inside flexible living accommodation is provided through an open plan design.

Designed to the highest quality and specification, Botanica offers a variety of apartment layouts and sizes, ensuring each purchaser’s requirements are met.

Implementing modern interior design, each of the apartments come complete with fitted kitchens, contemporary living rooms, stylish bathrooms and builtin wardrobes.

All apartments are furnished to meet the demands of buy-to-let use and provide a comfortable and relaxed environment.

Botanica Penthouses

The spectacular five bedroom penthouses come complete with their own private balcony and hot tub to provide the ultimate Dubai living experience.

Located on the 36th floor, the striking architecture and stunning interior design creates a vibrant and elegant place to live. Split between two floors, the lower level provides an open plan living, dining and kitchen space, ideal for hosting or simply unwinding.

The upper floor lends itself perfectly to take full advantage of the Dubai Skyline. With its own private balcony, the view of Dubai can be experienced in luxury from a relaxing 8 seated hot tub. Adjacent to the balcony, the master bedroom’s floor to ceiling windows and attention to detail ensures that even the en-suite benefits from the spectacular view.

Botanica Villas

Due to the high demand for villas on Dubai Marina and a limited quantity; each of Botanica’s five villas will be highly sought-after accommodation. Located on the podium level, each of the two bedroom villas benefit from en-suite bathrooms and are conveniently positioned close to the gym and pool areas.

Furnished to the highest quality, all five Botanica villas provide a special living place to simply enjoy the Dubai experience.

Has anyone ever sold in the Torch, the point or Bay central in the secondary market? I see few in the Torch but don,t seem to be selling.

What is the price per sq ft in the Torch compared to Botanica tower. Completion dates are probably about the same or maybe the Torch a bit earlier. Benefit of buying a new off-plan from DS over a resale is the lengthy payment plan. With a resale the buyer needs to apply for a mortgage.

Errm i don't think all 04 will be sold out Bar those on 1st to 6th Floor, if you know anything about developer pre launches generally you get a discount but they will only sell certain floors and in some case just ceartain apartments on a floor.

The rest will become avalible on Launch day. A 2.5 % discount is rubbish, Cayan gave a 10% Discount to their customers on Pre Launch of both Dorra Bay and Silverene.

[QUOTE=Dubai_Steve;16355844]What is the price per sq ft in the Torch compared to Botanica tower. Completion dates are probably about the same or maybe the Torch a bit earlier. Benefit of buying a new off-plan from DS over a resale is the lengthy payment plan. With a resale the buyer needs to apply for a mortgage.[/QUOTE

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.

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.

In that case as an investor it makes more sense to buy a resale in the Torch than to buy in Botanica tower.

Sorry I don't have the payment plan details, the numbers are of course specific to the price of the apartment. I suggest you give DS a call and they will e-mail you some examples. :)

i do mate thnx for support :)

Completion date is September 2010. Construction is by DCE.

15 year non status payment plan, 15% on contract exchange, 15% in May 08, (approx total AED 270,000) then approx AED 18,000 each quarter for a 1 bed until June 2023 :)

In other words approx. 50% to be paid before rental income stream or occupancy.

thnx for explaination:) i will to go to one of those 1bed units :)

^^ OK I look forward to visiting you in your garden :D

most welcome mate :)

BTW there are 5 podium then 34floors ....they can gruntee ur views even in low level floors (palm n sea views)

No render?


Nice to see new marina towers still coming through.

What am I missing? There is only two type 1 available?

Just read about the bridge incident, feel terrible for the workers that were involved. No body is learning from the mistakes here, what a shame :ohno:

best views will disappear soon

What am I missing? There is only two type 1 available?

Just read about the bridge incident, feel terrible for the workers that were involved. No body is learning from the mistakes here, what a shame :ohno:

What do you mean by 'nobody is learning.'

Have you seen this problem happen here before?

added to emporis

^^ I am talking Health and Safety on construction sites and not just this incident, the mindset has to change.

Oh yes, I can criticise because I fully understand :)

What am I missing? There is only two type 1 available?

Just read about the bridge incident, feel terrible for the workers that were involved. No body is learning from the mistakes here, what a shame :ohno:

bad news coming with approved of this thread :lol: what bad luck for those worker it really upset me:ohno:

^^ I am talking Health and Safety on construction sites and not just this incident, the mindset has to change.

Oh yes, I can criticise because I fully understand :)

Disasters happen everywhere.

If you dont like the process of doing everyhing cheaply, then it is strange you decided to involve yourself with dubai.

That is what I mean by changing the mindset, Safe does not necessary equate to more money, think long-term.

Saftey measures have become a lot stricter in the last year.

people will automaticly blame this on poor standards. but this type of accident happens world wide regardless of standards.

If the contractor is to blame they should immediatly be banned from opperating in the UAE. Coming down hard on the rouges is the only way they will cease to opperate.

but lets not throw stones before we know what happened.

I thought that Unit 10 should share some of the 01 unit view.
Is that true, if not, what's blocking the view ???

(am I OK here krazy ?)
:)

38th Floor - 10 Corner

http://img488.imageshack.us/img488/2391/38thfloor10cornerlx1.jpg (http://imageshack.us)

38th Floor - 01 Corner

http://img111.imageshack.us/img111/7082/38thfloor01cornermt6.jpg (http://imageshack.us)

38th Floor - 04 Corner

http://img111.imageshack.us/img111/6518/38thfloor04cornerxb7.jpg (http://imageshack.us)

38th Floor - 07 Corner

http://img488.imageshack.us/img488/4053/38thfloor07cornerxu8.jpg (http://imageshack.us)

Why is 04 is more popular than 01? The views of 04 will be blocked by the promenade but 01 on 15th and above floor should have an interrupted sea view over the meridian, unless the meridian is knocked down and another tower is built!

see tha first 4 towers of the promenade from dubai marina ...it's sound clear view for all 4 units
of botanica towers. they elso get advance views for the promenda , sea n palm . the views will decrease toward low level floors.
http://img151.imageshack.us/img151/5522/p2xw7.jpg

http://i163.photobucket.com/albums/t306/NEWUSER_01_2007/promenade-dubai-03.jpg

It depends on what you like. Wether you like the calmness of the uninterrupted views over the meridian or the busy view of the Donught and the towers in the Marina Promenade .

Also, the design could change of the promenade. But then again Merdian could be re built but thats less likely

Thank you bizzybonita, dubaifirst and dubailife. What do you guys think about the view from the 2 bed 08? will I have a good marina view?

^^Remember greekgirl that part of the marina will be a sea of apartments probably not much of an actual marina view but a very exciting view of the action and lights never the less.

And maybe a nice view of Al Burj (the future tallest building in the world) at its new location close to JLT from there ?

38th Floor - 10 Corner

http://img488.imageshack.us/img488/2391/38thfloor10cornerlx1.jpg (http://imageshack.us)

38th Floor - 07 Corner

http://img488.imageshack.us/img488/4053/38thfloor07cornerxu8.jpg (http://imageshack.us)

Yes the top floors of this complex all have their own positive angles, personally I think the 01´s are a no brainer with full sea views over the Le Royal Meridien and possible good views at the palm and Promenade from the bedroom, at 1.3-1.4 one cant lose, touch wood.

What is this under construction directly between Habtoor and Botanica and how tall will it be ?

http://img354.imageshack.us/img354/8634/2992686649f6fedecefoeh9.jpg

^^ http://www.skyscrapercity.com/showthread.php?t=360840&page=3

http://i20.tinypic.com/zxqxc2.jpg[/QUOTE]

Thanks.

You gonna buy an 01 steve? A few left on the higher level......?

What is going to be on plot 9P, 9K and 9J

http://i1.tinypic.com/s1p8hs.jpg

Very good question, which plot is the botanica on is it 9W? If so 01´s still great but other views who knows....any input anyone?

Yes 9W, so all views could be compromised apart from 01 :dunno:

and 01 may have a blocked view towards the palm from the bedroom

Why is 04 is more popular than 01? The views of 04 will be blocked by the promenade but 01 on 15th and above floor should have an interrupted sea view over the meridian, unless the meridian is knocked down and another tower is built!

The views from 04 will be more exciting day or night with all the activity
on this side...from the balcony views will be exquisite:-GH ,6 Emaar towers
as well as palm.
01 in contrast,will have only a sea view during the day but total blackout at night.

You gonna buy an 01 steve? A few left on the higher level......?

Considering it, but is'nt Bay Central a better option ?

Yes 9W, so all views could be compromised apart from 01 :dunno:

and 01 may have a blocked view towards the palm from the bedroom

The plot is 9m
District9 plots have been redesigned to allow for new road..9J and 9P do not
exist in the new plot map.

Can someone post the new plot map here so we can discus towers immediately around it.

Can someone post the new plot map here so we can discus towers immediately around it.

Will try to post new plot map tomorrow

The plot is 9m
District9 plots have been redesigned to allow for new road..9J and 9P do not
exist in the new plot map.

Agreed but I have not seen the new map.

http://img252.imageshack.us/img252/2402/newimagezj0.jpg

Considering it, but is'nt Bay Central a better option ?

Bay central awesome all round, eldorado if you have purchased with full marina views. This tower completely different as full sea views come into place. Buy both!:cheers:

Bay central awesome all round, eldorado if you have purchased with full marina views. This tower completely different as full sea views come into place. Buy both!:cheers:


At the rate botanica is selling, sea views are more valuable than marina view.

Why everybody is not mentioning no. 10 !!
It has a sea view (ofcourse not as much as 01)
It may catch some of the marina, and it is about 150 k less, which will help in any investment plan !
May I have your comments :)

Thought the same, think it will be awesome for the money, beware of the Trident Grand Residence tower and also the vacant plot to the immediate left of the tower which could block marina views. Otherwise full sea view from balcony.

01 is the most expensive unit, views from the balcony are awesome but views from bedroom and living area will be blocked by the habtoor.

^^ 01 unit corner faces directly into the office tower but the balcony and bedroom should have a good view.

http://img230.imageshack.us/img230/8792/botanicage4.jpg (http://imageshack.us)

http://img453.imageshack.us/img453/7979/botanica2ys7.jpg (http://imageshack.us)

http://img230.imageshack.us/img230/1417/botanica3xg8.jpg (http://imageshack.us)

Here is a photo taken in Jan 07 from the 17th floor of th habtoor

http://farm1.static.flickr.com/161/356342400_25dd2c4257_b.jpg

location is very good , close to the KPM Tower which will be full with superstars:)

http://img264.imageshack.us/my.php?image=02ek3.jpg

:bash:My mother-in-law wants to reserve a unit, which unit guys you think has the worst views?

:bash:My mother-in-law wants to reserve a unit, which unit guys you think has the worst views?

That will be unit 09.No balcony and not much of a view.Only problem
is your mother-in-law will be pleasantly surprised with the price compared to
other units.

:bash:My mother-in-law wants to reserve a unit, which unit guys you think has the worst views?

If your mother-in-law doesn,t know about the emmar plot in front of the Torch, persuade her to buy a high floor with good uninterrupted marina views in the Torch.:lol:

:bash:My mother-in-law wants to reserve a unit, which unit guys you think has the worst views?
:lol::lol::lol:
Better still! Persuade your mother-in-law to save money and buy with Aspire group, in Jumeirah Village. Not a chance of her, moving there, in the next 10 years.
I can guarantee that.

:bash:My mother-in-law wants to reserve a unit, which unit guys you think has the worst views?

I think you better be nice to her since you will have to share the garden with her :lol:

Thanks for the good humor guys. Now I am serious about booking one bed 01. The price is around 1.4 million for 855 sq ft. Can we please have a list of other good towers with similar views (sea or marina) which one can get for same money?

would be hard to match the view from the 01 without purchasing a JBR sea view with same size for 1.7 1.8.

Greekgirl, did you consider marina promenade?

Is this the New Map?

http://img237.imageshack.us/img237/6691/dubaimarinanewmapnb9.jpg

i want to buy a unit in this tower but i dont know who to contact, so can any one give me the contact info for DS or who ever is selling it?

Map is correct.
Have you noticed the 04 1-bed seems to have an excellent palm view.
DS tells me thou, only level 1-6 available.All other 04 apartments sold on pre-launch.


A plot seems to have popped up in front of INFINITY .Might restrict
sea views.:ohno::bash:

Guys I am on my knees, I need to decide today, can we please have a list of what you can get for 1.4 Million (like for like please) ,thanks Grubman and Dubaifirst, the list so far:

1) Marina Promenade.
2) ? JBR
3)
4)
5)

Thanks for all your replies.

^^^ Park Island (right across TGR). I have a 1-bed apartment i want to sell there, in the Fairfield, 30th floor. Sea/beach and Palm view. Completion date Dec 2008.

i want to buy a unit in this tower but i dont know who to contact, so can any one give me the contact info for DS or who ever is selling it?

Here's the website, ring the number top right hand corner. :)

www.selectproperty.com

i want to buy a unit in this tower but i dont know who to contact, so can any one give me the contact info for DS or who ever is selling it?

Here's the website, ring the number top right hand corner. :)

www.selectproperty.com

Or if you're outside the UK you'll need to ring 0044-870-111-0000

Guys I am on my knees, I need to decide today, can we please have a list of what you can get for 1.4 Million (like for like please) ,thanks Grubman and Dubaifirst, the list so far:

1) Marina Promenade.
2) ? JBR
3)
4)
5)

Thanks for all your replies.

A ready to move in three month 900sqft Time place with full marina view and partial sea views similar to this: http://i17.tinypic.com/4dfz6vm.jpg

Thanks glover and mackie, I like time place it is a very good location .I need this purchase for BTL(BUY TO LET) . Do you guys think the upper marina will fetch more rent than the rest?

The updated list now is:

1) Marina Promenade.
2) JBR.
3) Park Island.
4) Time Place.
5)?

For BTL you need to consider the completion data. Botanica is Sept 2010 so may slip to Sept 2011 or so. This is a long time to wait before you get any income. A completed or near to completed property makes more sense for BTL even it if costs more now.

I think Botanica is more interesting for capital gain, since JBR sea view is now 1.8m I think the max value for a 1 bed in Botanica with sea view will be around 2.0m at completion (2011) before prices level off. So IMO you can make a profit of 0.7m but you will also need to pay 0.6m by this date in installments. In effect double your money in 4 years with a payment plan and no mortgage paper work needed.

You should also note that you can buy a larger 2 bed resale in the Torch for the price of a 1 bed in Botanica.

You should also note that you can buy a larger 2 bed resale in the Torch for the price of a 1 bed in Botanica.



I'd be careful not to get obsessed with views if you are looking to BTL. Make sure you're NOT buying the property based on what YOU yourself would prefer, this is a classic mistake people make. There's only so much premium a tenant will pay for a view. Keep looking at your yield and calculate whether your yield will be lower or higher if you pay more for the views.

A two bed in TT should bring in more rental income so for BTL a better deal IMO.

Or if you have to buy in Botanica get something cheaper without the view. Always bear in mind something in the future could be built to spoil the view then you've paid a premium for nothing.

Buying something very near to handover such as Timeplace or Promenade I think makes more sense for BTL so long of course you can pay cash or obtain finance. If not.........then this is where Select Property come in with their payment plan and Botanica gets ruled back in again.......or Torch if you can buy a re-sale and get yourself on the payment plan, not sure if this is possible though ???

Yes views are only important for resale or if you want to rent for a while then resale. A good compromise is a middle level sea view unit for this situation.

Many thanks Steve and Morris.Views will probably not matter now but may be things will change in 2 to 3 years and properties in prime location and good views will stand out and attract more interest from tenants. You right about the Torch 2 bed is a good value for BTL if you forget about the views. I will also look at Paloma and Time Place.

Botanica was over 20% sold as of yesterday, the first 3 days of pre-launch !

Gents;

May I disagree with you on the view issue!

In the future and within the Dubai Over supply market (around 2010/2011), location and views will come into play and long term plan here is a must.

I have polished my crystal ball this morning and if you are prepared to wait Botanica is going to be a good investment.:nuts:

Gents;

May I disagree with you on the view issue!

In the future and within the Dubai Over supply market (around 2010/2011), location and views will come into play and long term plan here is a must.

I have polished my crystal ball this morning and if you are prepared to wait Botanica is going to be a good investment.:nuts:

04 or 01 mackie.

01, 10 or even 11

01 is better, 04 may have no sea views at all with the Dubai Promenade

11 has the best clear views but the floorplan is not so nice.

10 could be a good unit, but what is that tower on the left of it ? - apart from TGR

http://www.ccjr.name/upload/photos/ssp-nov-2007/md4_view_marina_3-s.jpg

sketchup model

http://i15.tinypic.com/89jyxbd.jpg

Can you show some views from different units (01, 10, 04) using the model?
:cheers:

What is in 9K?

http://www.bhomes.com/UI/S/56338/56338_3.jpg

http://i10.tinypic.com/47uzpdi.jpg

im sorry i cant ... but malec can ... ill send the model to him maybe he wants to put it in the marina model and show you some views.

not sure but maybe the location here, next to the Royal Oceanic and front of the Habtoor Tower

16/November/2007

Botanica Tower

http://img211.imageshack.us/img211/1009/imresolt129ah7.jpg (http://imageshack.us)

http://img529.imageshack.us/img529/3220/imresolt128by9.jpg (http://imageshack.us)

guys i gave botanica a good thought... but ive finally ive bought in Bay Central. according to my assessment, these are the pros and cons for botanica

ADVANTAGES:

1. very nice location

2. apartments 02, 11 and 10 will have a very good sea view... unobstructed

3. good looking building

4. 15 yr payment plan option

DISADVANTAGES:

1. very long waiting time to completion. most likely, this will be completed after the torch and bay central... so guys.... it's going to be a long time.....

2. i feel it's slightly more expensive than the market... same as almost completed emaar properties...

3. the east side apartments will have obstructed views towards the palm and towards marina due to a number of buildings in the future... habtoor infront will block a lot of views..

i hope this helps in decision making...:)




....

Thanks Doctor.
I was so hesitant about that matter too. :nuts: However, I decided to go with Botanica for the following reasons:
1. Price is almost the same.
2. The marina view is great in BC and the location too, however, as you mentioned with Botanica you'll get a direct sea view, which means extra-money in Dubai marina.
3. Most importantly, There are not much of options left in BC. Most of units are sold.
Doctor, did they give you many options. What are the unit left ????
What other guys think ? CB Vs Botanica !!


guys i gave botanica a good thought... but ive finally ive bought in Bay Central. according to my assessment, these are the pros and cons for botanica

ADVANTAGES:

1. very nice location

2. apartments 02, 11 and 10 will have a very good sea view... unobstructed

3. good looking building

4. 15 yr payment plan option

DISADVANTAGES:

1. very long waiting time to completion. most likely, this will be completed after the torch and bay central... so guys.... it's going to be a long time.....

2. i feel it's slightly more expensive than the market... same as almost completed emaar properties...

3. the east side apartments will have obstructed views towards the palm and towards marina due to a number of buildings in the future... habtoor infront will block a lot of views..

i hope this helps in decision making...:)




....

Due to lack of good BC units if deciding between the 2 and can not get direct marina view in BC go for Botanica unobstructed sea view 01, 11 or 10 on a high floor.

Imre ,thanks for the pics.
The site is directly in front of the one photographed...I was there
with a DS agent.
The plot you were on is 9K

Due to lack of good BC units if deciding between the 2 and can not get direct marina view in BC go for Botanica unobstructed sea view 01, 11 or 10 on a high floor.

IMO, 04 has the best sea view as the palm is visible from here.
The new bridge directly to the right of the tower as well as the
road alongside will ensure the view remains unobstructed.
Also the Nakheel land starts beyond the habtoor grand..as such
towers here will not affect the view
Chances are that 04 might get a glimpse of the new 7-star hotel proposed.

Hi Guys, I am thinking of buying one bed, but the prices are very steep, nearly 1600/sq ft for good views ,I agree with Doctor UK the going price for completed apartments is 1400 to 1500 AED in good locations, however the advantage of Botanica is the lengthy payment plan, but their prices will probably leave a very little room for capital appreciation.Difficult decision, shall I buy or shall I .............:runaway:

.....

Due to lack of good BC units if deciding between the 2 and can not get direct marina view in BC go for Botanica unobstructed sea view 01, 11 or 10 on a high floor.


What if I find unit 10 on CT as a resale with a reasonable premium. Would you go for it of stick with the direct view by the Botanica !!!:shifty:
It will end up as alomst the same price....

what are peoples ideas on purchasing one of the studio apartments in terms of views and sellability on completion?

.....

don,t tease me if you can,t please me:tongue4:

Hi Guys, I am thinking of buying one bed, but the prices are very steep, nearly 1600/sq ft for good views ,I agree with Doctor UK the going price for completed apartments is 1400 to 1500 AED in good locations, however the advantage of Botanica is the lengthy payment plan, but their prices will probably leave a very little room for capital appreciation.Difficult decision, shall I buy or shall I .............:runaway:

DS has never been cheap with any of their projects.however having said that
I have noticed apartments with palm views elsewhere on marina selling for
approx. 2000/sq. ft...definitely room for upside.

i reserved a 1 bedroom through dubai select office in England,they were all very nice and helpful. I decided to go to Dubai and pay the reservation fees ( the people at dubai select in England encouraged me to go and gave me phone numbers of their colleagues in Dubai and the told me that they will more than happy show me around). When I arrived to Dubai and contacted those colleagues they were unhelpful, rude, unprofessional ( that was on the phone), when I was in the marina area I decided to give Dubai select a visit, I felt so unwelcomed and the made me feel like I was begging for that appartment I almost forgot that I was paying top price for it. I am going to call their office in England and make a complaint.:ohno:

^^ i'm speechless...

although we had a lot of speculations about the DS projects... this is indeed the first complaint against DS STAFF...

I find this hard to believe. I've visited the Dubai offices and they were the nicest people you could possibly meet. Gave me coffee and biscuits and made me very welcome and I wasn't even looking to buy anything just had a few questions that's all. ...........very strange.

same here, i was there yesterday, my second visit. they were just great and everyone was pretty nice and helpful. very hard for me to believe also!

tea an biscuits? now that is hard to believe.... maybe they treat their clients according to their nationality or accent? because for sure i did not get treated well.

I was quite impressed with the service from DS staff in Dubai.In my experience they have been friendly and professional even when I call
them after hours with queries.
Only complaint : no tea & biscuits on any of my visits:lol:

just called their office in england, very nice and friendly but their office in dubai :ohno: . from reading these posts it seems like i was the only one who got treated badly yesterday.

Wow, this is one thing I can’t complain about DS both in England and Dubai, they are extremely nice, professional and kind I just wish they can deliver projects and they can be rude as much as they want. In the UK they are happy to meet or take calls at any time and they make a nice coffee too.:)

When we were in Dubai last year they were very professional, picked us up and took us to both sites, then to their office for a chat and some drinks (including for the kids) and then dropped us back to where they picked us from.

I expect some biscuits this time next week (chocolate digestive please) :lol:

i reserved a 1 bedroom through Dubai select office in England,they were all very nice and helpful. I decided to go to Dubai and pay the reservation fees ( the people at Dubai select in England encouraged me to go and gave me phone numbers of their colleagues in Dubai and the told me that they will more than happy show me around). When I arrived to Dubai and contacted those colleagues they were unhelpful, rude, unprofessional ( that was on the phone), when I was in the marina area I decided to give Dubai select a visit, I felt so unwelcomed and the made me feel like I was begging for that appartment I almost forgot that I was paying top price for it. I am going to call their office in England and make a complaint.:ohno:

I had no problems with their staff here in th UK,they,ve always been courteous and helpful, can,t talk for Dubai,s staff as never dealt with them.What I can,t understand though is why did you go all the way to Dubai to pay reservation fee? as far as I know there is nothing to show your around unless of course you wanted to see the plot yourself. My understanding when I reserved an apartment was that a letter of intention was sufficient for now and the reservation fee of 3k will be collected at a later date which I am happy with.

tea an biscuits? now that is hard to believe.... maybe they treat their clients according to their nationality or accent? because for sure i did not get treated well.

Actually I'd have been very upset if they'd offered me tea and biscuits as I can't stand tea.

I like tea and coffee don't care much for biscuits any how I was contacted by one of them today and he was very nice. He is the same person who who was rude yesterday so the complaint that I made to the office in london this morning worked.

I ment to say the office in England not London.
And the reason I went to dubai is because I wanted to look at the lot and get to know the area better.

And the other reason is to try their coffee and tea but so far no luck :lol:

I ment to say the office in England not London.
And the reason I went to dubai is because I wanted to look at the lot and get to know the area better.

Well done! First rule of property investment, go there and see it for yourself, don't get carried away with the glossy brochure and the over friendly antics.

Mackie is spot on, I don't care how people treat me if they are making me loads of money by selling to me low and performing. Ask owners on the palm how many of them love Nakheel for their friendly professionalism and telephone manner. :ohno:

Well done! First rule of property investment, go there and see it for yourself, don't get carried away with the glossy brochure and the over friendly antics.

Mackie is spot on, I don't care how people treat me if they are making me loads of money by selling to me low and performing. Ask owners on the palm how many of them love Nakheel for their friendly professionalism and telephone manner. :ohno:

:blahblah: :blahblah: :blahblah:

^^ :lol:

Watch out Morris, they will be coming for you in a big white van soon. :lol:

^^ :lol:

Watch out Morris, they will be coming for you in a big white van soon. :lol:

They were comming for you as well, but turned back when they realised your head was too big to fit in it. :lol:

^^Ouch!

:lol::rofl:

I like tea and coffee don't care much for biscuits any how I was contacted by one of them today and he was very nice. He is the same person who who was rude yesterday so the complaint that I made to the office in london this morning worked.

u alright now lovey?

The studios are a ridiculous price in Botanica, even on 1st floor you are looking at AED 1,430 sq ft, compared to unit 7 1 bed @ AED 1,295 sq ft or even unit 9 with a marina view no balcony but 50% larger overall (so more internal space) @ AED 1,377 sq ft.

The long payment plan is attractive option to spread the cost and adds approx 40% to the overal price.

Has anybody crunched the figures yet to see if these will be profitable to rent out

The studios are a ridiculous price in Botanica, even on 1st floor you are looking at AED 1,430 sq ft, compared to unit 7 1 bed @ AED 1,295 sq ft or even unit 9 with a marina view no balcony but 50% larger overall (so more internal space) @ AED 1,377 sq ft.

The long payment plan is attractive option to spread the cost and adds approx 40% to the overal price.

Has anybody crunched the figures yet to see if these will be profitable to rent out

1.the LPP will add 50% to OP
2.THe 1-bed rental currently is approx. AED 95000...The rent received
on completion will only cover yearly repayments on LPP... positive
inflows will only be available after 15 years (on full repayment of LPP)
3.DS has already built in approx 15-20% premium on current market prices
so any capital gains will only accrue after one year .

GREAT JOB DS!!! YOU GUYS REALLY KNOW HOW TO MAXIMIZE PROFITS.:bash:
BUT WAIT A MINUTE, WHERE ELSE CAN YOU FIND AN UNSECURED
MORTGAGE???:nuts:

So, are you saying that if I buy now, my valuable assets will depreciate in few years time?:nono:

So, are you saying that if I buy now, my valuable assets will depreciate in few years time?:nono:

To rephrase what I've said:-
Any investment on the LPP will only produce a steady income in 15yrs.
(If rental remain constant)
However the location of Botanica is superb :-
surrounded by three five star hotels + offering palm views with easy access
to marina and sea.
Which other project can lay claim to this?
IMO Botanica will produce excellent capital appreciation but DS has
already absorbed at least one year of appreciation into the selling price.
So don't expect too much capital gain until completion.

^^ with inflation, rent may increase over the years and you could pay off in 12 years or less.

IMO Botanica will produce excellent capital appreciation but DS has already absorbed at least one year of appreciation into the selling price.
So don't expect too much capital gain until completion.

DS will produce much better rental yield, 20%+, if you do short term/holiday lets. we are talking here about a 5 star hotel complex!

So, are you saying that if I buy now, my valuable assets will depreciate in few years time?:nono:

Look love - gravity wins in the end!:nuts:

Only joking i'm sure your assets will be fine!
:lol:

http://img77.imageshack.us/img77/663/2046617272140a438a3eosu9.jpg (http://imageshack.us)

^^ with inflation, rent may increase over the years and you could pay off in 12 years or less.

Makes sense but IMO the rental market is inflated presently due to lack of supply.Rentals will increase steadily for the next two years thereafter
with the large amount of units flooding the market in 2010/2011,
supply/demand dynamic should see rentals ease back to current levels
Hey, but this is DUBAI!!! Expect the unexpected!!:)

^^ May i ask you about your source for the current rental value you quote? I am sure this figure (95K AED) is too low, i am told that the current rental value for an upmarket apartment is 120 K AED , if the figure you quote is correct and with the supply/ demand issue in 2010, the rental income will not even pay the LPP installments.

^^ May i ask you about your source for the current rental value you quote? I am sure this figure (95K AED) is too low, i am told that the current rental value for an upmarket apartment is 120 K AED , if the figure you quote is correct and with the supply/ demand issue in 2010, the rental income will not even pay the LPP installments.

The rental value is the average I've noticed in the Gulf News "properties"
section.The 120k you mention is applicable to Downtown Dubai (in the
vicinity of the Burj-tallest tower)not the Marina.
True the rental income will not cover repayments on an apartment of approx.1.3M + but botanica will produce good appreciation if you wish to sell in
the medium term.The days of a 10%+ rental yield in the Marina will
soon be a thing of the past with the current rate of appreciation.
Eventually you need to choose between rental yield or capital appreciation.
If you feel the former is most important, it would be better to leave
the desirable Marina and venture out into less developed areas in Dubai,ie. Dubailand.

Botanica has now been officially launched on the Select Group website.

The agent told us the building design has been modified slightly from the original design, removing 1 floor of studio/1 bed/2 bed units at the top and instead putting in 2-single story lower penthouse units (occuping 1/2 the floor each) below the 4-2 story duplex penthouses.

Other changes are to stretch the building somewhat to provide additional floor space and balconies on the 2/9 units. The remainder remains unchanged from the original design.

I purchased a type 10 1 bed; apparently the pre-sales have been very strong (most of the penthouses already sold.......Russian money).

My thoughts are with the location (what I consider the "right" end of the marina), nearness to the beach and the hotels and given the views (never guaranteed!), the price per square foot is not substantially "above market" given the current asking prices in The Marina (average asking price approx 1500/ft sq currently).

As such, while not a screaming deal, I think the Botanica provides what I think will be an upscale development for a market price.

this one is 47 floors at emporis!! What's correct?

^^ Should be 36 floors, see details at this link

http://www.selectproperty.com/invest/dubai/investment-property/botanica/

See views from various floors here:

http://www.selectproperty.com/invest/dubai/investment-property/botanica/views_botanica/

Just visited this link, I see they are at it again!

"Botanica is a striking 36 floor development which occupies the closest location to the beach that is permitted for residential development. Ideally situated between the water front and the marina"

What about the 3000 apartments in JBR that are closer to the beach? If you wanted to look further into it you may find a few other developments that are also closer to the beach like Dorrabay, TGR etc.

I was slightly amused at the list of state of the art features which included right up there "2 coffee shops".

Nice looking building which does look like a mimic of Bonnigton tower in JLT

Botanica has now been officially launched on the Select Group website.

The agent told us the building design has been modified slightly from the original design, removing 1 floor of studio/1 bed/2 bed units at the top and instead putting in 2-single story lower penthouse units (occuping 1/2 the floor each) below the 4-2 story duplex penthouses.

Other changes are to stretch the building somewhat to provide additional floor space and balconies on the 2/9 units. The remainder remains unchanged from the original design.

I purchased a type 10 1 bed; apparently the pre-sales have been very strong (most of the penthouses already sold.......Russian money).

My thoughts are with the location (what I consider the "right" end of the marina), nearness to the beach and the hotels and given the views (never guaranteed!), the price per square foot is not substantially "above market" given the current asking prices in The Marina (average asking price approx 1500/ft sq currently).

As such, while not a screaming deal, I think the Botanica provides what I think will be an upscale development for a market price.
Hi - can't fiond the 1/2 floor penthouses on details am i looking in wrong place

Hi - can't fiond the 1/2 floor penthouses on details am i looking in wrong place

The building plan on the website is the original plan. You'll have to contact the developer to get the additional info about the 1/2 floor penthouses as well as the "stretched" 2/9 units.

http://i16.tinypic.com/717j19c.jpg

http://i12.tinypic.com/8a15f1z.jpg

http://i6.tinypic.com/71ybas3.jpg

http://i8.tinypic.com/6y3baxe.jpg

http://i11.tinypic.com/7xx2t07.jpg

http://i6.tinypic.com/85diyja.jpg

Mackie,

On the Torch thread you posted that you had cancelled your reserved apartments in Botanica. As I am currently looking at the development for investment can I ask why you decided to do that, and have you had to pay a penalty for pulling out losing your res fee?

You can PM me if you don't want to put your reasons in public.

Mackie, can you please also PM me, thanks.

and me too pm me

and me too , PM that is I was looking at this just today

Thanks for the good humor guys. Now I am serious about booking one bed 01. The price is around 1.4 million for 855 sq ft. Can we please have a list of other good towers with similar views (sea or marina) which one can get for same money?
HI GG Have alook at The Point. This is oppersti the Yatch Club and there are a few front line 1 beds coming to the market soon. The project is DS and very slow to start but will be the first they will finish Worth considering fantastic views of the marina.

Mackie,

On the Torch thread you posted that you had cancelled your reserved apartments in Botanica. As I am currently looking at the development for investment can I ask why you decided to do that, and have you had to pay a penalty for pulling out losing your res fee?

You can PM me if you don't want to put your reasons in public.

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

Since the thread above about someone cancelling their reservation in their Botanica apartment, the whole thread has gone quite. I have also made a small investment in an apartment in Botanica, so i would be grateful if someone can give me some insight on what is happening. By all means PM me if you do not feel comfortable with airing your views in public.

I think there will be very good capital appreciation on this tower since the location is so close to the Dubai Promenade, if you are prepared for the long wait. The downside really is the payment structure, payments during construction when construction takes this long do not really make sense for investors.

HI GG Have alook at The Point. This is oppersti the Yatch Club and there are a few front line 1 beds coming to the market soon. The project is DS and very slow to start but will be the first they will finish Worth considering fantastic views of the marina.

I have a 1 bed in "The Point" on the 12th floor with marina views. I am waiting for this to get closer to completion so that i can sell it. It appears that property in the last 6 months to completion seems to sell, the closer you get to completion the higher its price and the easier and quicker it sells. I am just getting rather fed up the the delays, because you cant extract your money and move it onto other investments.

I have a 1 bed in "The Point" on the 12th floor with marina views. I am waiting for this to get closer to completion so that i can sell it. It appears that property in the last 6 months to completion seems to sell, the closer you get to completion the higher its price and the easier and quicker it sells. I am just getting rather fed up the the delays, because you cant extract your money and move it onto other investments.

I think rather than sell 6 months before completion better to stick it out and sell when fully completed and maximise your returns. Shame to sell just before completion as you'd have waited this long and miss out on say another 10 to 20% growth. IMO a unit is always worth a lot more once actually built, the off-plan risk has gone and all the snagging issues are out of the way - buyers can walk round and see exactly what they will be getting.

I have a 1 bed in "The Point" on the 12th floor with marina views. I am waiting for this to get closer to completion so that i can sell it. It appears that property in the last 6 months to completion seems to sell, the closer you get to completion the higher its price and the easier and quicker it sells. I am just getting rather fed up the the delays, because you cant extract your money and move it onto other investments.

Hi is it 1201 or 1210?

When does construction start and where will they get the workers from considering DCE already do not have enough to work on existing projects and are sharing workers between projects slowing everything down.

^^ I think the only relief for DCE will come when they'll finish work on Emaar's projects in Marina

^^ I think the only relief for DCE will come when they'll finish work on Emaar's projects in Marina

^^ Are they doing the interior to Park Island as well or just the structure?

I have a 1 bed in "The Point" on the 12th floor with marina views. I am waiting for this to get closer to completion so that i can sell it. It appears that property in the last 6 months to completion seems to sell, the closer you get to completion the higher its price and the easier and quicker it sells. I am just getting rather fed up the the delays, because you cant extract your money and move it onto other investments.

Thanks morrismarina, you are right about that, because i sold a 1 bed in JBR in Feb this year and it was just 3 months to handover and its value increased by at least another 400,000 AED in those 3-4 months,

Hi is it 1201 or 1210?

Its #1208

cant find SP in the RERA-list,

http://www.business24-7.ae/cs/article_show_mainh1_story.aspx?HeadlineID=598

:cry:

Thanks morrismarina, you are right about that, because i sold a 1 bed in JBR in Feb this year and it was just 3 months to handover and its value increased by at least another 400,000 AED in those 3-4 months,

Sorry to hear you lost out so much........yes I reckon best time to sell, if you have to, is about 12 months after hand-over. By this time all the early sellers looking to get out on completion will have gone and availability will be limited, hence you can command an even better price. :)

cant find SP in the RERA-list,

http://www.business24-7.ae/cs/article_show_mainh1_story.aspx?HeadlineID=598

:cry:

Don't worry I reckon this is not the offical list. Keep an eye on the RERA thread:

http://www.skyscrapercity.com/showthread.php?t=563157

cant find SP in the RERA-list,

http://www.business24-7.ae/cs/article_show_mainh1_story.aspx?HeadlineID=598

:cry:

The Torch and the Point are on the List.

Bay Central and Botanica are mssing so far.

DS create a new Duabi company for each development so each one will be registered separately.

Either the list is not fully correct yet or becuase of the escrow they already setup in Bay Central this may have cause problems with RERA and for Botanica this Company has only just been created so there may be a delay in registering it.

Don't worry I reckon this is not the offical list. Keep an eye on the RERA thread:

http://www.skyscrapercity.com/showthread.php?t=563157

377 Torch Select LTD

So has anyone found out why Botanica is missing from the list yet ?

i have found that when you log into DS members area they have a notice, which says that all future payments for all there developments in dubai will be through escrow. I dont have anything in botanica, but i do have in the torch, point and bay central.

I have paid my reservation fee and 1st installment to:

"Escrow a/c Botanica, Global Group International Ltd."

I believe they are #226 on the list. Escrow account on Botanica is deposited with Dubai Islamic Bank.

Botanica is now 65% sold.

Botanica is now 65% sold.


Steve, are you sure this is correct ? where do you get this info from ??

Yes 65%, one of the sales managers at Select Property.

Yes 65%, one of the sales managers at Select Property.

Oh I see.........it's obviously correct then. :lol:

19/January/2008

Botanica

http://img86.imageshack.us/img86/1381/imresolt18bd0.jpg (http://imageshack.us)

http://img251.imageshack.us/img251/3889/imresolt19wb5.jpg (http://imageshack.us)

Botanica is not the plot in the second close up picture with the truck. Botanica is in the plot between Habtoor tower and the one with a closeup picture (with the truck).
Compare the the shape of the site plan of Botanica to the shape of the plot adjacent to the Habtoor tower, They match.

Botanica is not the plot in the second close up picture with the truck. Botanica is in the plot between Habtoor tower and the one with a closeup picture (with the truck).
Compare the the shape of the site plan of Botanica to the shape of the plot adjacent to the Habtoor tower, They match.
ILD -- I think you are right because I was initially worried that my palm view wouldn't be that great otherwise !

thanks, this is the Botanica plot?

http://img293.imageshack.us/img293/5636/imresolt18bd0lw8.jpg (http://imageshack.us)

it will be difficult to start anything because this plot use the Habtoor and I dont think so that they will leave soon.

Same as the KPM Tower , Trident use that plot as well.

Imre -- I thought that when I visited recently - will

From what I've heard ,all new developments in Dubai need to
break ground at most six months after launch...RERA
This means that the Botanica plot will be cleared by this time.

ILD -- I think you are right because I was initially worried that my palm view wouldn't be that great otherwise !

What palm view? Has no one told you about Dubai Promenade?

Not if the owner, next door, that is using the plot is HABTOOR , I dont think RERA can do anythig about it. But the good news is that the main structure of Habtoor tower is completed.

DS own the plot, they can tell Habtoor to F off out of it and move their junk somewhere else. They will have to break ground within 5 months from now or face stiff penalties / fines or loss of their RERA license.

DS own the plot, they can tell Habtoor to F off out of it and move their junk somewhere else. They will have to break ground within 5 months from now or face stiff penalties / fines or loss of their RERA license.

I know DS owns the Botanica plot but Habtoor is using it. Do you really think DS can tell Habtoor that? Not DS nor RERA can say a word to Habtoor.

Of course they can they have every right to do so. Habtoor just took advantage of the free plot but now it is needed they can reposition their stuff on the podium or inside it.

I know that Habtoor is a last name of a family with tremendous influence in the UAE.

So, does that give them the right to do whatever they want to anyone else's property and break the law ?

Influence some times plays a role in delaying or neglecting the law.

I DO KNOW ABOUT PROM. BUT STILL THINK IT WILL BE GOOD PALM VIEW JUDGING FROM WHEN I WAS ON PLOT AND FROM RECENT RENDERS OF PROM.

I think so too, it looks like viewing the palm from Botanica the first building of the promenade which is the lowest of all of them will be blocking only the left side of the palm.

Is there anyone able to superimpose Botanica on this poster and indicate what kind of palm views are available? I am no good at this kind of stuff.

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

Received my weekly e-mail from PMC Agency they're selling Botanica....... I thought it was only available from SP direct. Interestingly PMC say the tower is now 77% sold.


DUBAI MARINA SPECIAL
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
BOTANICA

The only private residence with a sky garden
Botanica is a striking 36 floor development which occupies the closest location to the beach that is permitted for residential development. Ideally situated between the water front and the marina, Botanica ensures you capture every aspect of Dubai, with views of Dubai Marina, the Arabian Gulf and the famous Palm Jumeriah. Botanica successfully brings together the glamour, luxury and comfort which is synonymous with Dubai, but with an added twist which undoubtedly sets it apart from every other development in the Marina.

Alongside state-of-the-art facilities, Botanica offers something which is truly unique to residential property in Dubai Marina - a tropical sky garden which dominates an entire floor half way up the tower. Designed to offer residents a tranquil setting, the tropical garden are a secluded, magical place to view the Dubai skyline, with a 360degree aspect to take in the magnificent views. Botanica offers a wide selection of luxury properties.1 and 2 bedroom apartments, exclusive villas and four 5 bed penthouses are all available.



Dubai Marina - In addition to the high capital growth experienced on Dubai Marina, Botanica offers superb rental potential. Due to its close proximity to the commercial areas of Dubai Media City and Internet City; and on the doorstep of the premier hotels and beaches; Botanica offers the ideal the rental location for business trips, week vacations or year-round commercial rentals.
Payments plans: Choose from a selection of payment options to make purchasing your property simple and affordable. Non-status payment terms available to all! No mortgage required! For properties purchased in Botanica, we can provide customers with a choice of either a standard payment plan or a non-status lengthy payment plan over a period of 15 years.
Standard Payment Plan
£3000/€4200/21.000 AED/ reservation fee
15% on exchange of contract
15% May 2008
20% November 2008
20% May 2009
20% November 2009
10% Completion - 9/2010


Non-status Lengthy payment plan;
£3000/€4200/21.000 AED/ reservation fee
15% on exchange of contract
15% six months thereafter
Quarterly instalments spread over 15 years

In terms of availability the tower is 77% sold, although we still have some of the most prime investments available:

1 BR type B from 1,257,552 AED seaview /// 1 BR type C from 1,241,495 AED seaview /// 1 BR type D from 1,315,426 AED palm views /// 1 BR type D from 1,088,463 AED marina views /// 1 BR type B from 1,085,840 AED marina views /// 1 BR type A from 1,202,540 AED side views /// 2 BR from 2,020,906 AED palm views /// 2 BR from 1,650,88 AED marina views /// Penthouses

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

^^ you see, 65% 2 weeks ago, 77% this week. Not lies after all :)

Yes apologies Steve, sorry I doubted you.

I must be reading too many of TB's anti- Select posts. :lol:

Morris' --Steve - just glAd i got my apt beforE the 77% becomes 100% by end of feb - really think it is a good investmeNt although some ready apts are cheaper elsewhere (Dorrabay might be worth looking at actually because of possible views of Al Burj or NEW POLO) they are not in same leaage BT I mean GH/Le Meridian/Hbtoor/new "POLO" nearby row of SUPER TALLS THE DUBAI PROMENADE as next door neighbours it is a "no brainer" for investment

Yes definitely a good buy Paul, well done....... and of course right next to Dubai Promenade.:banana:

Sorry to spoil this party but if we are talking views and making money at the same time, why not buy in nearly ready Bayside AND Timeplace with views like these available now for 1600 - 1700 /sqft.

http://i7.tinypic.com/6xvhh5s.jpg

http://i16.tinypic.com/733qj68.jpg

http://i16.tinypic.com/727wozk.jpg

If you don't mind high density living then this is the one to go for.

HOWEVER!!!

Have a close look at the payment plan before you sign. 50% of your money will be required before they start the construction. In the usual style of DS you will be required to pay 90% of the investment by November 2009. Going by their current track record that means 90% paid and 10% constructed. You do the maths!

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 .

This should make the DS Fan Club happy :)

yes, but I saw the pics The Channel Towers and the office tower will be blocking the palm view of the Botanica.

I agree, it is limited views that way but I always said units 01, 10 & 11 were a much better option if the "Le Royal Meridian" does not get knocked down soon.

Still would not buy here based on their performance and lies to date. I just do not trust DS/SG at all. You know all the stories anyway Imre.

yes, I would buy here if I see some progress of their projects but nothing , maybe the Torch is ok 1 floor /3-4 weeks:) , The Point has just a core , Bay Central nothing... this is the story.

but the 15 years payment plan is good.

If you don't mind high density living then this is the one to go for.

HOWEVER!!!

Have a close look at the payment plan before you sign. 50% of your money will be required before they start the construction. In the usual style of DS you will be required to pay 90% of the investment by November 2009. Going by their current track record that means 90% paid and 10% constructed. You do the maths!

There is a 15 year payment plan which should be taken instead for any DS developments which offers good value.

Even with the payment plan, you will pay nearly 50 to 60% by the time you get the unit.

yes because of the initial 30%. I agree for any off-plan investment, that finance should be structured so that payments start after completeion with maximum 30% down. I have several investments in other parts of the world like this so construction delays are not too much of a worry.

I don't know if I should :lol: or :cry: :cry::cry: about the prices. Where is this going to end?

I would :lol: since you will be very rich from your Torch apartments in 3 years :) + a £100 bonus from me. Then you can buy a resale in the promenade.

True, thanks for reminding me of the £100. It has cheered me up again :cheers:

yes because of the initial 30%. I agree for any off-plan investment, that finance should be structured so that payments start after completeion with maximum 30% down. I have several investments in other parts of the world like this so construction delays are not too much of a worry.

I did as a mater of fact ask for similar terms to LHB, 30% down and 70% on completion but they were not prepared to do a deal. Apparently they have many Russian clients waiting in the wing to buy floors and not a couple of apartments according to their sales guys :bash:

Actually you're right Mackie. Certainly for BTL purposes, buying something in say Timeplace makes a lot more sense, only slightly higher priced and you collect your rent immediately. Will still be a lot more capital appreciation to come at Timeplace.

IMRE - MY APT IS ABOVE 35TH SO WILL BE WELL ABOVE OFFICE TOWERS ALTHOUGH WE CANNOT SEE ENTIRE PALM WE WILL SEE WHAT I EXPECTED WHEN PURCHASED
I KNEW THAT THE DP WOULD BE THERE FROM THE OUTSET - I JUST THIBK THE DP WILL HELP BOTANICA FROM A COMMUNITY POINT OF VIEW AND AESTHETICALLY ALSO
PS. WHEN ARE YOU GOING TO B.B AGAIN I,D LIKE TO SEE SOME E.T. PICS TOWER L

Seems promising...Habtoor is clearing the Botanica plot.
It will not surprise me if botanica- 1tower- is completed before
Bay central-3 towers-...

Seems promising...Habtoor is clearing the Botanica plot.
It will not surprise me if botanica- 1tower- is completed before
Bay central-3 towers-...

i WOULD BE PLEASANTLY SURPRISED IF THAT HAPPENED ! BUT IT IS POSSSIBLE