#GROUND WORK: EDEN BLUE TOWER, 28F Res

[i love dubai]

Eden blue construction
http://img155.imageshack.us/img155/1536/p3170079kw4.jpg (http://imageshack.us)

http://img187.imageshack.us/img187/6136/p3170082hu2.jpg (http://imageshack.us)

[ParisDubai]

Thanks I love Dubai for the pics!!!
Wheresmycoat i sent you a private message with my e-mail so you can also send me your pics for my collection:) Thanks:)

[wheresmycoat_2000]

I Love Dubai! (well, I do) ... thanks for the pics too. How did you upload - I couldn't figure it out. And, did our cars cross paths at one point today? Hmm...

[i love dubai]

Wheresmycoat, go to imageshak.us click on browse, find the location of the file(picture) you want to upload from your computer, double click on the picture, then click on (HOST IT). wait for the picture to upload then a new page will open with links, highlight the (hot link for forum 1) right click copy then paste it with your quote. if you cant do it i will pm my email, email me the pictures and I will do it for you.

[i love dubai]

one more picture
http://img72.imageshack.us/img72/2285/p3170080kn7.jpg (http://imageshack.us)

[i love dubai]

Pictures taken by wheresmycoat
http://img187.imageshack.us/img187/7025/edenblue002iz0.jpg (http://imageshack.us)

http://img237.imageshack.us/img237/6315/edenblue003ul4.jpg (http://imageshack.us)

[bizzybonita]

i saw two container inside the plot sound construction coming soon....:) much luv our nebour

[i love dubai]

New floorplan
http://img442.imageshack.us/img442/778/thamirhatcozt4.jpg (http://imageshack.us)

[mazdubai]

I Love Dubai,

Cheers for the floor plan, but I couldn't make out bugger all.

Do you have to sign up to imageshak to view a bigger version of the pic?

I tried saving and then enlarging, but that didn't work either.

[i love dubai]

I Love Dubai,

Cheers for the floor plan, but I couldn't make out bugger all.

Do you have to sign up to imageshak to view a bigger version of the pic?

I tried saving and then enlarging, but that didn't work either.
Pm me your email and I email you the bigger version

[ParisDubai]

Due to the new design of the Eden Blue i have a very big balcony.... Maybe i can do the BBQ party there:)
Look forward to see workers on the site...

[bizzybonita]

^^about design i really like it i saw new render at work site :) i couldn't get it from developer website ...can anyone check the render .

[dubai banks]

Hope everyone is well.

We finally received our contracts this week.

Schedule A also missing ie new floor plan etc.
Although our unit has increased in size and price we have no breakdown on the contract to show that it includes any of the common areas? Have emailed Investment House to check this. We to would not gain from not signing as we also bought our unit resale so stand to lose quite a bit if we chose to sell it back to Investment House. So we will keep it and cross our fingers that all goes well.


We have to send a further installment in line with the new payment plan, due on 25 March (next week) but notice the bank details on the contract are different to the ones we were originally sending payments to.

Can anyone confirm the correct bank details ie do we now send to their Escrow account as per the contract?

We also noticed that Dujan Properties are still involved? They are mentioned on the contract with no mention of Investment House? So confusing!::nuts:

Looking forward to meeting everyone on ParisDubai's Balcony!!!!!::lol:

[ParisDubai]

Now Inv House has a contract with Amlak so you have to send the money to AMLAK escrow account.
For the involvment of Dujan properties i don't know?

Is the construction really starting with many workers on the site?

Thanks!!!

[wheresmycoat_2000]

What happened to ALL of my posts? Who has the authority to delete messages by registered users? That's appalling!!

I have driven by the site every day this week, spoken with the workers and walked around the Eden Blue construction offices. Have lots of updates and pictures. When the "person" who deleted all my public messages "restores" them I shall post all my info on this blog. Or, send me a private message and I shall email them to you (excluding Donald Kay).

[charlie big potatoes]

What happened to ALL of my posts? Who has the authority to delete messages by registered users? That's appalling!!

I have driven by the site every day this week, spoken with the workers and walked around the Eden Blue construction offices. Have lots of updates and pictures. When the "person" who deleted all my public messages "restores" them I shall post all my info on this blog. Or, send me a private message and I shall email them to you (excluding Donald Kay).

Shouldnt of thrown all the toys out of your pram earlier in the week. Did you find your coat?

[dubai banks]

Now Inv House has a contract with Amlak so you have to send the money to AMLAK escrow account.
For the involvment of Dujan properties i don't know?

Is the construction really starting with many workers on the site?

Thanks!!!


Thanks Paris

Where did you see the pics of the new design and your new balcony???

Dubai Banks

[dubai banks]

Pm me your email and I email you the bigger version

Hi,
Please can you also email a copy to us?
We have bought a studio, 2104

Thanks so much

[Donald Kay]

What happened to ALL of my posts? Who has the authority to delete messages by registered users? That's appalling!!

I have driven by the site every day this week, spoken with the workers and walked around the Eden Blue construction offices. Have lots of updates and pictures. When the "person" who deleted all my public messages "restores" them I shall post all my info on this blog. Or, send me a private message and I shall email them to you (excluding Donald Kay).
I thought we had seen the last of you...sadly it seems not so! if you insist on hanging around then please make yourself useful rather than offer conditions which nobody cares about - there are many other people willing to offer pictures etc without setting conditions after all this is an eden blue discussion board. Again are you really a cfo or an imposter let me know who you work for as it seems like a cushty number given you have time for a daily site visit and inspection..

[wheresmycoat_2000]

Wow - Donald, I am flattered that you have given me so much power in your life that you invest time and energy in hypothesising about my career and how I choose to spend my time. Rest assured, that you DO NOT represent all people on here and many do want my pictures and updates, although now we communicate over a different medium, away from the unecessary and negative rants of you!!

I don't even believe you are a real owner. I think you are a real estate person who is trying to get Eden Blue units for nothing. Or, perhaps you even work for Inv House trying to get back units to re-sell!!

I know that if you respond to this post with even more anger that I touched a nerve and that everybody else on here will know that I am telling the truth about you. Because, unlike me who uses PRIVATE messages to convey personal thoughts, you continue to use the PUBLIC Board because you have more to hide.

[Donald Kay]

Wow - Donald, I am flattered that you have given me so much power in your life that you invest time and energy in hypothesising about my career and how I choose to spend my time. Rest assured, that you DO NOT represent all people on here and many do want my pictures and updates, although now we communicate over a different medium, away from the unecessary and negative rants of you!!

I don't even believe you are a real owner. I think you are a real estate person who is trying to get Eden Blue units for nothing. Or, perhaps you even work for Inv House trying to get back units to re-sell!!

I know that if you respond to this post with even more anger that I touched a nerve and that everybody else on here will know that I am telling the truth about you. Because, unlike me who uses PRIVATE messages to convey personal thoughts, you continue to use the PUBLIC Board because you have more to hide.
sorry...no more time to ping pong with you, I have made my points clear - will leave it to others on this board to draw their own conclusions

[mazdubai]

[QUOTE=wheresmycoat_2000;19173917]Wow - Donald, I am flattered that you have given me so much power in your life that you invest time and energy in hypothesising about my career and how I choose to spend my time. Rest assured, that you DO NOT represent all people on here and many do want my pictures and updates, although now we communicate over a different medium, away from the unecessary and negative rants of you!!

I don't even believe you are a real owner. I think you are a real estate person who is trying to get Eden Blue units for nothing. Or, perhaps you even work for Inv House trying to get back units to re-sell!!




Isn't this allegation the exact reason you had a hissy fit with me last week and I was only joking?

Anyway don't know if you noticed, but my posts were also deleted. I really don't think it's some conspiracy against you.

I think it is probably best that we let bygones be bygones so we can use this forum for useful info.

Which brings me to Paris dubai....

You say your balcony is bigger. Is this in expense of your living area or due to the overall increase imposed on us? If it is down to the common area issue, then I guess we do get some extra sqftage after all???

If on the other hand your internal space has been reduced for a bigger balcony then they have screwed us over twice.

P.S. Sorry I am not very good at quoting

[ParisDubai]

When i bought i had no detail regarding the size of my internal space and balcony (total was 452 SQFT)
Now in my contact the size of balcony+internal space is 458 SQFT (110 for the balcony) + 79 SQFT for common area

[mazdubai]

Thanks for the clarification.

I had assumed from your earlier post that 'the new plan' had been amended from the initial plan.

I am nervous about seeing my break down. My studio is even smaller and the actual living space will be tiny. I'm hoping for a minute balcony.

[wheresmycoat_2000]

Paris, my studio breakdown is exactly like yours. I have mixed feelings about a balcony being 1/3 the size of the actual flat. Its good for BBQs for sure, but not so good when you are living there and want to enjoy the flat away from the elements or want to rent out/sell off as many agents list net area (i.e. excludes balcony) when listing.

Still, there are ways to convert a large balcony into another room in the flat! Its just strange that my 2-bedroom in the marina has a balcony thats half the size of my studio! Then again, I suppose its cheaper for them to build larger balconies (concrete slab, really) than to give us that extra space in the interior (4 walls, piping, floor, ceiling, insulation, etc) given the price we are paying per square foot.

[ParisDubai]

But the net area is 358 SQFT which is approximatly the same size than the studios of the Marina Diamond Towers which seem to have a very good return on investment.

My opinion is that agents list gross area and not net (but net of common area:))

i think a large balcony is not so bad for short term rental? A little drink on the balcony (or we can call it terrace:)) after shopping and sunbath on the beach is not so bad:):):)

Any idea of short term rental occupancy rate and price for studio in the Marina?

[wheresmycoat_2000]

Nice Studios can command 80,000 Dirham per year in the Marina. Short terrm lets go for 12,000 per month for high end studios (i.e. corporate lets -- high tech, expensive furnishings, etc.)

Of course, in late 2010....the prices will be much higher!!!

Our studios will make VERY NICE short term lets....

[mazdubai]

I beg to differ. Last I heard the consensus was that rents will be much LOWER by 2010 due to a correction in the market caused by oversupply during 2009.

Time will tell.

[wheresmycoat_2000]

Maz - I will bet you 2 pints on Paris' balcony in 2010 that rent goes up, not down.

[dubai banks]

we have sent u a PM.

[dubai banks]

If we can all figure out how to make our common area into an extra bedroom then maybe we would all be happy!

Just had the breakdown for our studio and we are not happy.

was 430sqft, then told it was 464 sqft and charged a further 27000aed.
The breakdown confirms our unit size ie Living Area + Balcony is now only 400.4 sqft ie smaller than originally thought. but we are paying for 68sqft of common area.

Surely this is unacceptable.

Is there nothing we can do about it?

[wheresmycoat_2000]

Paris, forgot to mention that Marina Diamond Tower studios, although quite small in size, are having a great ROI because they are relatively cheap and completed. The larger units take MUCH longer to move/resell because there is no financing on that tower so basically you need to be a cash buyer, which there are fewer of these days! This might also be a concern for potential Eden Blue buyers. I am not sure if there is financing with this tower but as we are having studios, for sure there will be some cash buyers with 750,000 if we decide to flip at completion (or even before).

[ParisDubai]

Have a look at this ad from better homes => they are selling gross including common area....

http://www.bhomes.com/view-details.aspx?id=75772&lookfor=B&curPage=1&cid=&sid=&aid=&communityname=&type=1&state=1&community=213&propertyname=0&minprice=&maxprice=&br=&sqft=0&sector=&status=1&orderby=&src=1

[wheresmycoat_2000]

Paris, thanks for the link. Wow - that seems a bit on the high side for a studio but I suppose there is a buyer for everything right now. I do know that betterhomes separates gross from net square footage but at the end of the day, whatever the contract says (i.e. 531 sq feet for you and me) is what stands.

Dubai Banks, I have thought about your wish to convert some common area into more space for our studios. I think I am going to convert my carpark space into a guest bedroom, complete with 4 plaster walls and a crystal chandelier. Do you think the developer would mind? We could have ourselves a wee B&B! :cheer:

[dubai banks]

few studios for salehttp://www.gnads4u.com/search.html?t=properties&pub=D&loc=Dubai+Marina&ct=RXC-PR-FS&sort_t=price&sort=asc&pn=8

[i love dubai]

Eden Blue
http://img402.imageshack.us/img402/7897/p3200080cp3.jpg (http://imageshack.us)

[mazdubai]

few studios for salehttp://www.gnads4u.com/search.html?t=properties&pub=D&loc=Dubai+Marina&ct=RXC-PR-FS&sort_t=price&sort=asc&pn=8

Didn't realise there were 764sqft studios? I thought they were 1 bed.

Interesting that there are so many on the market now. I guess a lot of owners are trying to get rid of them before signing the contract after hearing about the common area issue. They may be able to dupe people into buying them at the larger size.

If new buyers don't do the research, there is nothing to suggest the new sizes aren't the net size. I notice one of the unscrupulous agents is even advertising 'full marina view'. I was told by Inv. House that none of the studios will have full Marina view.

[ParisDubai]

..

[ParisDubai]

Thanks i love Dubai for the picture! Lot of workers but no sign of work on the picture compared to last week pics? Do you know what are they doing?

[dubai banks]

My hubby is a plasterer - erecting studed walls in the basement not a problem!!! Just tell us where u want em! May have a problem supplying the chandelier though!!!:lol:

[ParisDubai]

woahhhhhhh!!!!

Look at that, same studio (see my post 283) but the price is going up!!

http://www.bhomes.com/view-details.aspx?id=75773&lookfor=B&curPage=1&cid=&sid=&aid=&communityname=&type=1&state=1&community=213&propertyname=0&minprice=&maxprice=&br=&sqft=0&sector=&status=1&orderby=&src=1

Next 800 000 AED in two days:):):)

[dubai banks]

Did a quick scan of the net and found a range of studios for sale in Eden Blue ranging in price from circ 1214/sqft to approx 1340/sqft - depending on floor and view. Have you noticed the maintenance cost? 14,000/annum?

I assume some people are trying to sell theirs privately due to the recent price increase etc?

[i love dubai]

More equipments at the site, and the office has moved to the middle.
http://img89.imageshack.us/img89/7328/p3270096fm0.jpg (http://imageshack.us)
http://img167.imageshack.us/img167/1843/p3270097ob9.jpg (http://imageshack.us)

[mishmish]

Im confused....
How many 1 beds on each floor ? I was lead to believe all the 1 beds are 775sqft... thats what I was told for a Number 6 apartment. However I have seen also Apartment 6 on a different floor advertised as 868 sqft along with apt No 1?
Also how are the apartment numbers situated ? Ie is Apt 6 facing DEWA or the marina side ? :?

[i love dubai]

Im confused....
How many 1 beds on each floor ? I was lead to believe all the 1 beds are 775sqft... thats what I was told for a Number 6 apartment. However I have seen also Apartment 6 on a different floor advertised as 868 sqft along with apt No 1?
Also how are the apartment numbers situated ? Ie is Apt 6 facing DEWA or the marina side ? :?

All 775 now are 898 and they are unit 6, all 755 now are 867 and the are unit 1. unit 6 and 1 are adjacent to each other and they are both marina facing. if you are interested pm me your email and i will send you the new floor plan.

[mazi]

Guys,

am looking into buying a studio here

are you saying that a now 464sf studio is a former 430sf meaning 30sf of common area??? is this clearly stated in the contract or does the contract have no breakdown?

in any event, how does a 1150aed/psf sound for a studio?

Thanks

[wheresmycoat_2000]

that seems a reasonable price considering what i have been seeing in gulf news property, betterhomes, etc.

i would grab it.

[i love dubai]

You will not find anything cheaper in the marina. This price will not last for long.

[mazi]

Thanks guys for your advice,

how can i make sure the price the agent is advertising includes the price for extra square footage which the developer has added on to avoid being asked later on by the developer to pay the extra on the top of the price advertised now (hope i'm not sounding daft:nuts:)

Do new contracts include a new payment plan taking into account the revised price?

[i love dubai]

Thanks guys for your advice,

how can i make sure the price the agent is advertising includes the price for extra square footage which the developer has added on to avoid being asked later on by the developer to pay the extra on the top of the price advertised now (hope i'm not sounding daft:nuts:)

Do new contracts include a new payment plan taking into account the revised price?

Ask the agent if there is a contract. If you see a contract then it is the new sq footage and the new price, prior to that there were only reservation forms. And yes the contracts has a new payment plan

[wheresmycoat_2000]

i love dubai - I sent you another pic to your email that you can post on here. i went by the site today....more equipment!!

[mazi]

gr8 info i love dubai - Thanx - merci - shokran :cheers1:

[i love dubai]

Eden Blue ,courtesy of wheresmycoat


http://img72.imageshack.us/img72/2479/dscf1867lv0.jpg (http://imageshack.us)

[dubai banks]

Eden Blue ,courtesy of wheresmycoat


http://img72.imageshack.us/img72/2479/dscf1867lv0.jpg (http://imageshack.us)

Thats a piling rig,we should see some action this week!

[mazi]

What's the maximum square feet that has been added to the studios in the new contracts?

[ParisDubai]

great picture!!! Many thanks to Mr Coat and I Love Dubai!!!

[bizzybonita]

Eden Blue ,courtesy of wheresmycoat


http://img72.imageshack.us/img72/2479/dscf1867lv0.jpg (http://imageshack.us)

man don't forget about us lol when you around make some shoots for DEC TOWER , thnx alot for last update i love dubai

[wheresmycoat_2000]

Just returned from another site visit. There is another one of those piliing rigs at the site and one on the road, which actualy is blocking 75% of the street! Difficult to maneuvre in a 4x4!

All very good signs! :colgate:

[dubai banks]

Thanks to all taking pictures for us - we do appreciate the time and effort you are taking and are so jealous that we are not in Dubai to take some too.

Has anyone had problems sending their installments?

We just had a call from our bank saying the last installment has been returned due to there being no master account number? We only have the escrow number (the unique one for our apartment) that we was given by Investment House - their bank wouldn't accept the money due to money laundering rules in Dubai? We did speak to Inv house but they told us there is no master account? Our bank is trying to sort it out with them today? Has anyone else sent money using the Escrow Unit nos on their contracts?

[wheresmycoat_2000]

i havent. i was just going to pop by their office with the cash, sans suitcase -- how very dubai!

[mazdubai]

i havent. i was just going to pop by their office with the cash, sans suitcase -- how very dubai!


A word of warning. If you are talking about taking it to Inv. House, they do not accept cash.

Check with them first; it could save you a trip.

[i love dubai]

The building site was very busy today, and the road was partially closed.
http://img148.imageshack.us/img148/4296/p3310102sm5.jpg (http://imageshack.us)
http://img119.imageshack.us/img119/8271/p3310104hf0.jpg (http://imageshack.us)
http://img383.imageshack.us/img383/428/p3310105nh2.jpg (http://imageshack.us)

[ParisDubai]

Thank you very very much guys for all these uptades!
I am also jalous that you are in Dubai and you can see the site everyday:)

[merv]

Thanks to all who have taken the time and effort to give us these very encouraging updates on our Eden Blue Tower. I think the tide is now turning for us here at Eden Blue for the good after such a worrying time.:nuts: although still not out of the woods as yet we can look forward to seeing progress being made at last.:banana::banana:
Once again thanks to all for sending All correspondence to us less fortunate souls stuck in the grip of a terrible spring in the UK.
Merv:):banana:

[Muzza2005]

greetings fellow Eden Blue bloggers.. I bought a 1 bed in EdenBlue via Elite Style with the view to relocating to Dubai in the not too distant future, but best laid plans can come adrift, and for various personal reasons this one has ... have managed to sell on the apartment but am having shed-load of difficulties with EliteStyle to stump up what they owe me... has anyone else here had problems with this broker? Also, can someone furnish me with an email of Investments House so I can see if Elite are pulling a fast one...
thanks...

[i love dubai]

greetings fellow Eden Blue bloggers.. I bought a 1 bed in EdenBlue via Elite Style with the view to relocating to Dubai in the not too distant future, but best laid plans can come adrift, and for various personal reasons this one has ... have managed to sell on the apartment but am having shed-load of difficulties with EliteStyle to stump up what they owe me... has anyone else here had problems with this broker? Also, can someone furnish me with an email of Investments House so I can see if Elite are pulling a fast one...
thanks...
email info@investments-house.com
website www.investments-house.com

[i love dubai]

This picture was taken today, Friday, from the rear end of the plot looking toward the front.
http://img238.imageshack.us/img238/7227/p4040110wl4.jpg (http://imageshack.us)

[ParisDubai]

Did they start the work?

[wheresmycoat_2000]

I love Dubai - thanks for uploading the photos. I don't think the actual groundwork will commence until another week or two. Site preparations and equipment delivery seem to be the daily routine now. Be sure to factor in the new Amlak escrow charges that are in the updated contracts.

500 to register / transfer account - *mandatory
100 to set up account - *mandatory
2000 for release of escrow payments (if sold before completion)
10 statement page

[dubai banks]

Do you know if we need to pay these charges now or on completion?

[wheresmycoat_2000]

before completion -- probably in the next payment installment.

[Muzza2005]

email info @investments-house.com
website www.investments-house.com

...many thanks...

[mazdubai]

I have been thinking about possible views now that the plan is finalised. I would like your opinions on the following:

http://i153.photobucket.com/albums/s233/umleila/edenfloorplan.jpg

My estimation is that there will be excellent marina views for those at the front of the building and on the 18th floor or higher based on this picture looking back at Eden from the Marina. Again your thoughts please.

http://i153.photobucket.com/albums/s233/umleila/eden1.jpg

The blacked out parts represent the seven story building currently under construction.

[i love dubai]

I have been thinking about possible views now that the plan is finalised. I would like your opinions on the following:

http://i153.photobucket.com/albums/s233/umleila/edenfloorplan.jpg

My estimation is that there will be excellent marina views for those at the front of the building and on the 18th floor or higher based on this picture looking back at Eden from the Marina. Again your thoughts please.

http://i153.photobucket.com/albums/s233/umleila/eden1.jpg

The blacked out parts represent the seven story building currently under construction.

You are right.
one more thing I would like to note, Eden blue tower is pushed all the way to the front of the plot and DEC towers are pushed all the way to the back of the plot so the Eden Blue will be adjacent to the podium of DEC tower and the podium is only 3 floors.
I think all the units on the marina side above the 10th floor will have a marina view even the ones in the back.

[mazdubai]

I love Dubai,

I was told the exact opposite. The original plans were for Eden to be at the front, but now it has been pushed to the back. In fact I am pretty sure about this as I was clearly shown on the model in the office. :nuts:

We'll soon find out, but obviously not good news for views if it has indeed been pushed to the back.

[i love dubai]

I love Dubai,

I was told the exact opposite. The original plans were for Eden to be at the front, but now it has been pushed to the back. In fact I am pretty sure about this as I was clearly shown on the model in the office. :nuts:

We'll soon find out, but obviously not good news for views if it has indeed been pushed to the back.

I was at the office today looked at the model and it seems like it is in the front and the 3 floors Eden Blue condominums are in the back and between them there is landscaping.

[mazdubai]

That's the old model that has never been updated to take into account the recent changes. I was in last week and they said it is a direct swap with the tower going to the back although it will still face the same way.

[i love dubai]

That's the old model that has never been updated to take into account the recent changes. I was in last week and they said it is a direct swap with the tower going to the back although it will still face the same way.

That is a bad move, first, the view of DEC tower will be blocked by Eden blue , second the view of Eden blue will be blocked by DEC tower except for the upper three floors.

The two neighboring towers will be so close to each other I have not seen anything like it any where else in the marina.

[mazdubai]

I Love Dubai,

I also think it's a bad move. Would you be kind enough to double check this point when you are next in their office. They don't seem to have their details straight yet and different owners are getting different stories according to who they are asking.

The reason why I said 18th floor and above as opposed to 10th or so, is exactly because being so far back makes the obstruction from those 7 story buildings in front of us so much more significant.

I am referring to the model next to Iqtidar's desk btw.

Thanks

[i love dubai]

I Love Dubai,

I also think it's a bad move. Would you be kind enough to double check this point when you are next in their office. They don't seem to have their details straight yet and different owners are getting different stories according to who they are asking.

The reason why I said 18th floor and above as opposed to 10th or so, is exactly because being so far back makes the obstruction from those 7 story buildings in front of us so much more significant.

I am referring to the model next to Iqtidar's desk btw.

Thanks
The model on the left of his desk? that is the same model I was referring to, I will go the day after tomorrow to investmanrs house office and ask for a site plan, this way we all will know for sure where the building is going to be built.

[wheresmycoat_2000]

My understanding is that the Eden Blue tower will go up parallel to DEC, but 5 metres apart, in the back by the plant. The front part of the lot (closest to marina) will be the townhouses/villas, which is separate from the tower. Feel free to have a chat with the on-site PM at the actual site. He should definitely know!!

Seriously, don't bet on any views until completed. And, even then, don't bet on any lasting views! Anything could happen! There is still no set plan for the plots in-between Eden Blue and KG (I asked Inv House about this). I do agree that the higher up you are, the better your chances for seeing a bit of blue!

[ParisDubai]

Still no sign of construction start?

[wheresmycoat_2000]

drove by yesterday...
still looks as though the equipment is being moved around and the offices have changed position but no breaking ground as yet.

[merv]

Has anyone got clarification on the leasing out of our apartments as it states that it is only to be used for families and friends? We need to have our contracts back by the 16 April but we havnt made up our mind if we will keep this project on. Too many unknowns about the whole thing.
what about the master account has anyone else had the problem sorted re the account not being able to accept the money?

Merv:bash::bash::bash::bash::ohno::ohno::ohno::nuts::nuts::nuts::bash::bash::bash: :)

[wheresmycoat_2000]

I think that clause means that the units are only meant for residential purposes (i.e., no business or commericial activities should be run from your apartment). There goes my Eden Blue cafe idea.......:)

[mazdubai]

I agree,

No problems with renting out. 'Single Family' is stipulated so you don't try to squeeze 15 labourers into your studio.

[dubai banks]

Has anyone got clarification on the leasing out of our apartments as it states that it is only to be used for families and friends? We need to have our contracts back by the 16 April but we havnt made up our mind if we will keep this project on. Too many unknowns about the whole thing.
what about the master account has anyone else had the problem sorted re the account not being able to accept the money?

Merv:bash::bash::bash::bash::ohno::ohno::ohno::nuts::nuts::nuts::bash::bash::bash: :)

Hi merv,we had the same problem with transfers as there was no proper account no.,in the end we used the EA no.,and this went through ok.
:banana:

[ParisDubai]

Hi, i confirm this is OK for the payment, Escrow account number is working. I just received the confirmation of my payment today.
I saw that the al burj tower will maybe be contructed no far from the Eden Blue (between JLT and Discovery Gadens). Great news!
Does anyone know if the arabian canal will be next to the Eden Blue or on the other side of the Dewa contruction?

[dubai banks]

Hi paris,
We were told by iqtidar that the canal "and some other things" will be close to Eden blue where there is currently an inlet for the power station.There are some articles about the canal in Gulf news for you to look at.:)

[dubai banks]

by the way just to confirm we spoke to investment house re renting out our apartment whilst we are in the UK and they said not a problem and that nearer the time of completion they can put us in touch with some companies who can help to manage it for us, so we don't see a problem with renting our our apartments.

[merv]

Thanks all for your help. I think we will proceed. Plus I wouldnt want to miss the bar- b- Que on the top of the Eden Blue Tower. Nor would i want to miss out on the fight between mr mc kay and wheresmycoat.:lol::lol::lol:

let the digging begin:lol::lol::)

[wheresmycoat_2000]

LOL, Merv.....Old hat.

All is well in my world.

[Muzza2005]

email info@investments-house.com
website www.investments-house.com

Thanks for the info. Have contacted Investments House... looks like Elite Style Brokers are nothing but Emirati crooks - repeated emails/phonecalls to transfer the money they owe me falls on deaf ears... a long drawn out affair to try and get something but I'm not holding my breath. For all of you investing is that cesspool of fraud called Dubai, best of luck - you're going to need it.:ohno::ohno:

[wheresmycoat_2000]

For all of you investing is that cesspool of fraud called Dubai, best of luck - you're going to need it.:ohno::ohno:


Hey now, sorry about your less than perfect situation but try not and attack an entire city of investments because of one bad agent/agency/investment. Many of us are quite happy and doing very well. :okay:

[merv]

^^^^:lol::ohno: yes wheresmycoat ive made millions from eden blue tower already. its a greeeeeaaat investment.:):):).


maybe someday afar off. well potentially maybe emm pissibly

but definately maybe.

merv:banana::banana::banana:.:lol::lol::lol:

[ParisDubai]

Any new picture of the site?

[wheresmycoat_2000]

Merv, I am gonna fine you for gratuitous use of the animated icons! :) ...someone has WAY too much time on his hands, eh?
Sarcasm noted on Eden Blue (you will eat your words in 2010).

Sometimes I wish people who are incredibly negative and/or silly in the beginning of their investments (you know, people who poo-poo the project?) should not have the good fortune of doubling (or trippling) their money at completion. I wish these fools were forced to forfeit their extraordinary gains to a charity as retribution. But, alas, I am not the Sheikh and cannot make such demands....sigh. Anyhow, not sure why you bothered to bring up a VERY OLD tiff between me and mr. mckay (that was clearly already water under the bridge) other than to kick up an unecessary fuss. Golly, I find that action very annoying and humourless. tsk tsk.

Paris, my friend, no new pics as nothing has changed enough on the site to warrant flipping out the digi-cam. (Drive by last night)

[merv]

sorry wheresmycoat I will
1 not be over indulgent in the use of the wee icons

2 not be mentioning your old nemmises mr mc k..,

3 be in any way humorous ever again

4 be sarcastic.

Suitable repremanded and humbled.

Mervyn.

P.S. Hope your right about the bigdividend at completion.

P.P.S. Note, not 1 icon in sight.

[wheresmycoat_2000]

Splendid, Mervyn, thank you.

P.S. I am always right about money.

[sohail]

Hi everyone, Looks investments house is just an investment company only and they are behind our money. I don't think they can* built even first floor of Eden Blue building in next five years. Can anyone tell me how much % is paid till now? As per my knowledge, whoever bought anything from investment house they all are distress selling. I also tried to sell my OB apartment but investments house increased the price of amount 250,000 AED more from original selling price and transfer was not sucessful. Anyhow I'm also victim of Elite Style broker and inestments house.

[ParisDubai]

Any news?
Why can't they start pilling work as equipements are on the site?

[sohail]

Hi Paris Dubai,
Yesterday I visited the Eden Blue site and noticed pilling work is not started at all. Equipments on site is well planned drama to make us fool and take the next installments..... Based on my experience with investments house, they will not commence the work and after holding the payments for long time they will start refund ... when I asked them how can I get my amount back, they said we will sell your apartment and it can take upto one year...hope soon this drama will come to end....

[i love dubai]

Hi Paris Dubai,
Yesterday I visited the Eden Blue site and noticed pilling work is not started at all. Equipments on site is well planned drama to make us fool and take the next installments..... Based on my experience with investments house, they will not commence the work and after holding the payments for long time they will start refund ... when I asked them how can I get my amount back, they said we will sell your apartment and it can take upto one year...hope soon this drama will come to end....

Are you by any chance from hollywood ?

[ParisDubai]

Today news from Inv. House:
"Regarding the construction we are waiting for permit from Dubai Municipality
which we hope to get by this week and then we can start with shoring and
piling."

[wheresmycoat_2000]

Construction delays are NORMAL and EXPECTED in Dubai. Full Stop.

[bizzybonita]

^^about design i really like it i saw new render at work site :) i couldn't get it from developer website ...can anyone check the render .




http://www.propertyfinder.ae/images/biensimmo/images/53826/53826-1-1209027845.jpg

[ParisDubai]

Hi,
According to Inv. House, they get the permit from the Dubau Municipality last week and the work have started.
Anyone can confirm? Any new pic?
THANKS!!!

[Donald Kay]

yes you are indeed correct the permit was issued and i understand the current work involves shoring not piling - this stage will last around 140 days and will be followed by the piling.I haven't been there for a week but will check again this week if the work is underway.

[True Blue]

6th May;
http://img382.imageshack.us/img382/6038/imgp1180gw3.jpg (http://imageshack.us)

[ParisDubai]

Any confirmation that work has started as Inv House said???

[Ni3lS]

I had contact with developer of Eden Blue Banks. He asked me something about a bridge ;) Tower looks cool :)

[mazdubai]

Any confirmation that work has started as Inv House said???

Going by True Blue's pic dated 06/05/2008, I would say the answer is NO. Site looks no different than it did a month ago.

[ParisDubai]

Any closer pic to confirm? As Inv House said that work has started, I am interested to know if it is really true...

[Saleem]

I have been thinking about possible views now that the plan is finalised. I would like your opinions on the following:

http://i153.photobucket.com/albums/s233/umleila/edenfloorplan.jpg

My estimation is that there will be excellent marina views for those at the front of the building and on the 18th floor or higher based on this picture looking back at Eden from the Marina. Again your thoughts please.

http://i153.photobucket.com/albums/s233/umleila/eden1.jpg

The blacked out parts represent the seven story building currently under construction.
Hi Mazdubai, Thanks for posting the floor plan for the Eden Blue tower as its something I have been trying to get hold of for a while.I have been offered a 1 bedroom on marina view side on the corner. I assume this will be the front of the building but want to see dimensions as the posted drawing is blurred. Please will you post these or email me a opy of the plans.

[mazdubai]

Saleem,

I'll be happy to email you, but I don't think they have dimensions on the plans, and it will be no clearer. The floor plans are available on the Eden Blue website, again without dimensions. I think however that the diagrams on the website refer to the old plans, before the supposed increase in size.

http://www.edenbluetower.com/floorplan.html

IMHO the position of the apartment is far more important than the exact layout as I don't think the one beds vary very much. If you get the wrong corner however, you could very well end up with a great view of a power station.

[king2008]

Hi there

I am new to this forum. When it came to buying a studio apartment in Eden Blue, my search on the internet prompted me to visit this website and forum. This is really great forum and the members are very helpful to each other. Its good to see such forum exists, whereby someone like myself, can gather very important and realistic information before buying any apartment in Dubai.

I have been offered a studio apartment in Eden Blue at AED440,000 of 434 sq.ft. size. There are two on offer, one has partial marina/ocean view and other has partial SZ Road view. When I read all updates on this forum, I am really thinking whether or not I should be buying one in Eden Blue.

Please can someone help me reaching to a decision and also give me an indication as to the price I am paying is fair price and that whether or not the building will be completed eventually, without being adding any additional cost on the purchase price.

Thank you in advance for your assistance.

[Saleem]

Hi Mazdubai,
Thanks for your reply. i have had a look at the link you sent and, as you say, shows colour pictures and not a scale drawing. One of your previous messages included drawing that looked like it had dimensions and it was this I was after.

I am interested in apt 1905 as this is the one offerred. I am need advise on current value, position, marina facing etc etc to help decide.

If any body else has information/suggestion please

Regards

Saleem

[mazdubai]

Saleem,

PM me your email and I will send it to you. Still not sure if it has dimensions though, but you can check when you enlarge it. Prices for a one bed should be around 1150-1200 per sq/ft I think.

The apartment number means nothing to me (maybe someone else can help), so it's impossible to say regarding views etc. What floor is it?


king2008,

If memory serves me correctly, this price/size is without the extra sq/ft that was suddenly included a couple of months back. I suspect someone has decide to offload before signing the contract. You are being asked just over 1010AED per sq/ft which seems like a decent deal. Before you sign the contract you will be asked for another 40000-50000 for extra sq/ftage which will take your apartment to about 480sqft which is the new size. I stress that this is my hunch; the best thing to do is contact Investments House. Who knows if it will ever get built, we have been waiting long enough for it to get started, but then again as Wheremycoat said these delays are half expected in Dubai.

[ParisDubai]

Mazdubai or whereismycoat, did you see the site during the last few days? I am looking for someone who can confirm us what Inv House said (work has started?).
Thanks

[andubai]

I was on site two days ago....work hasn't start yet.

[ParisDubai]

Hi again,
Here are today news from Inv House: "Construction is going on at the site and the shoring work has started. Please note that the contractors don’t work on weekends (Friday). The clients can visit the site now and see the progress of work. The work will be quicker in coming week."
I can't check as i am not in Dubai...

[mazdubai]

Mazdubai or whereismycoat, did you see the site during the last few days? I am looking for someone who can confirm us what Inv House said (work has started?).
Thanks

ParisDubai,

Sorry I won't be in Dubai for another 3-4 weeks or so. Will post pics when i'm back. Haven't heard anything from wheresmycoat in a while, but hopefully he can post a pic or two a lot sooner than that.

[i love dubai]

And I am not in Dubai, so I wouldn't know.

[king2008]

Mazdubai

Thank you for your assistance. I can see that the rate offered to me is very good, however, I am reluctant to deal through the agent, who has quoted me this rate. As suggested by you, I will first try and contact Investment House to see what they have to say regarding the current prevailing rate in the same building and then ask them about the completion date etc. to see what they say.

Cheers.

[Saleem]

Hi Mazdubai,

Thanks for your help on previous questions. I didn't buy from the beginning but am interested in knowing what is the payment schedule with dates as i am buying a one-bed resale on the 19th floor. Can you help please.

Regards

Saleem

[sohail]

Hi Mazdubai,

Thanks for your help on previous questions. I didn't buy from the beginning but am interested in knowing what is the payment schedule with dates as i am buying a one-bed resale on the 19th floor. Can you help please.

Regards

Saleem
Hi Saleem,
I've one bed on 18th floor facing sea & marina. SP is AED 1000/sq/ft. Payment schedule is 10% every four months from now.Let me know if you are interested in buying my apartment. I'll send you all the details.
Sohail

[mazdubai]

Saleem,

It is impossible to say exactly when payments will be, unless you have the schedule. My understanding is that there are some differences between individual payment schedules. My schedule is: payment every three months with a couple of exceptions where the payment is due after four months. Payments to be completed mid 2010; assuming completion is in 2010 which looks increasingly unlikely.

It will probably depend on how many payments the seller has made to date.

Sohail's deal sounds interesting. I'm sure he can fill you in on the new schedule.

[wheresmycoat_2000]

Hello everyone,

I have been driving by the site every day...as per normal. There hasn't been enough activity to upload more photos. Things pretty much look the same. There is maybe a bit more equipment on the site but I still see the same handful of construction men.

Hopefully, more excitement shall soon commence.

[Saleem]

Sohail,

Thanks for the offer but i have decided not to buy for the moment. Still got to do some more research

Saleem

[ParisDubai]

Any news? Still no sign of work? Any new pics?
Did you pay the May instalment?
thks

[dubai banks]

We have today been told that the shoring is taking place and we can expect to see a lot more activity on site over the next few weeks. We have just sent our payment for June installment.

[merv]

jUST ABOUT TO THROW THIS PROJECT IN THE BIN. lIES AND HALF TRUTHS FROM INVESTMENTS HOUSE. CAN ANYONE GET THE TRUTH OUT OF THIS CROWD. I didnt think this sort of behaviour was consistant with the UAE s. How dissapointed we are. :bash::nuts:

Anyone can cheer my wee heart up regarding this disaster i will GLADLY harken to your sweet tones of encouragement. Please someone blow some SUNSHINE toward me.:)
Thanks,
Merv Northern Ireland.

[merv]

^^^^Just by the way we were due to sin our contracts about 3 weeks ago but havnt done so yet. However we have made our next installment in to the escrow account. Not a word from investments house re the contracts. However they seem to be not bothered about getting the contracts back as long as the money keeps flowing.:ohno:

[sohail]

^^^^Just by the way we were due to sin our contracts about 3 weeks ago but havnt done so yet. However we have made our next installment in to the escrow account. Not a word from investments house re the contracts. However they seem to be not bothered about getting the contracts back as long as the money keeps flowing.:ohno:

Pls look at my comments on 26, 27 April 2008. You will find all the answers.

[ParisDubai]

Inv House confirm me again that "construction has been started and everything is moving as per the plan."

They are "planning on installing camera so that the buyers can view the
progress. The contractor has promised to do this for us every 3-4 months"

Can someone who is in Dubai confirm that work has really started on the Eden Blue plot?

THANKS!!!!:)

[MZDUBAI]

Hi every body

I think by scaring each other you are reaching no where. It is better to be realistic and ask some body who has experience, my self visited the site couple of week’s back I met the consultant and asked him about the project. He comments this is a good and true project and has nothing to be worried about.
By just exposing your scares from the project you are negatively impact the project and scaring others to buy like Suhail did.

I was there today, the work is progressing. The price should be much higher than what you guys proposing. You have to consider the last increment on the steel and cement prices which 30-35% is in additional to the inflation.In all Marina you will not get a price less than 1350/sft. Few months later you will feel sorry Suhail that you didn’t buy.

[wheresmycoat_2000]

very sensible post, MZDUBAI.

I am driving by the site tomorrow for a first hand view. I was away the last few weeks in Europe.

[ParisDubai]

Hi,
According to Inv. House, the progress of the construction will be installed on the website
www.edenbluetower.com before the end of this month
Did you see the site Mr Coat:)

[dubai banks]

Hope you enjoyed your travels in Europe.
Good to have you back - we missed you.

We signed and returned our contracts and have paid our June installment.
We have also got a receipt for the money and have also been told that shoring has started, work will pick up over the next few weeks and as Paris says the web cam will be up and running on the developers website shortly for us all to watch their progress.

I don't think we have anything to worry about - just need to be patient and watch our investment grow.

[wheresmycoat_2000]

drove by this afternoon. definitely more progress and there are large steel (?) tubes sticking out of the ground. Construction seems to be underway. Hurrah!

[merv]

:)Hope you had a great time in Europe.

Good point re above. I guess it is difficult to be positive these days because there has been so many dissapointments with this project.
However, this is good news about the construction beginning at last. Investments house told us that the workers have agreed to do 2 twelve hour shifts for the foundations which if true will bring the construction more towards schedule. This can only be good news for us.

I hope that the camera does be erected so as we who cannot drive past the site can be more encouraged.

does anyone know if imre has any new photos of the site?

Bye for now.

Merv. PS Wheresmycoat. Note my tempered use of the icons.:lol:

[wheresmycoat_2000]

Well done, Merv!

I am feeling inspired. Perhaps I shall whizz by EB tomorrow with the trusty digital cam...

[i love dubai]

Yes Mr. Coat plllllease we need a picture

[ParisDubai]

new pics here:
http://www.alineah.com/apartment/1001/detail.htm

[wheresmycoat_2000]

It doesn't look like that anymore.

I can't upload the pics. Help!

[dubai banks]

If you can e-mail them to us,we'll do the rest

[merv]

^^^^Hi Dubai Banks,
Did mr coat email you any pics?

Merv

[wheresmycoat_2000]

pics are on my laptop. i am in saudi arabia (without laptop).
shall email them when I am back tomorrow.

[wheresmycoat_2000]

i love dubai -- I emailed the pics to your yahoo account. please would you post them up here (enjoy everyone!).

[i love dubai]

Thank you very much for those pictures. You made my day. I am in cairo, when I go back home in 10 days I will post the pictures.
Looks from the picture that the building will be built in the front part of the lot after all. Good news , more views.

[bizzybonita]

It's really good news elso for DEC Investors :D

[dubai banks]

http://img127.imageshack.us/img127/4232/dscf20594pi0.jpg

http://img127.imageshack.us/img127/977/dscf20562kj1.jpg

http://img127.imageshack.us/img127/3796/dscf20583wz8.jpg

http://img127.imageshack.us/img127/4702/dscf20551lb4.jpg

[bizzybonita]

Piling stage :) Great move .

[wheresmycoat_2000]

:-)

[crazyevildude]

June 13th, By Imre

http://farm4.static.flickr.com/3079/2577223084_3618d80ee6_o.jpg

[senzaparole]

who knows which price per sf they are selling now ?

[ParisDubai]

Thanks guy for those great pics!
Here are the studio advt for resale:
http://www.thespecialistsdubai.com/property.php?prp_id=11356
And here is one for DEC tower (next to Eden Blue tower):
http://www.alineah.com/apartment/9275/detail.htm

[wheresmycoat_2000]

wow - can't believe the price of the DEC studio. Athough, they were looking mighty fine when i drove by. that's a low floor studio view, too (i.e. zero marina view!)

[ParisDubai]

Hope the tall tower and the arabian canal will be next to Eden Blue Tower so the price will go up...
what is your expectation of the eden Blue price per sf at the completion date?:)

[bizzybonita]

Hope the tall tower and the arabian canal will be next to Eden Blue Tower so the price will go up...
what is your expectation of the eden Blue price per sf at the completion date?:)

that's why iam with DEC :lol: , 2000-2500pseqfeet (without any effect from tall tower or arabian canal ) ...

[wheresmycoat_2000]

completion date is changed to Q1 2011.

[ParisDubai]

??

[ParisDubai]

In my contract it is Q2 2010 and they have to pay me a 2% interest penalty if the completion is later than Q4 2010.

[dubai banks]

WMCoat - Where did you hear this? From Investment House??

Our contract also states completion 2nd qtr 2010 and like Paris they have to pay us a penality if it is not ready by end 2010?

When we spoke to Mr Hussain in Dubai he told us it will take approx 2 yrs to build the tower?

[wheresmycoat_2000]

Directly from Horses mouth (Inv House). They are adjustng my contract as the completion date and payment schedule have now changed.

[avion1]

I was also told that the completion date is 2011 now. they are sending new contracts out.

[ParisDubai]

I imagine they are sending new contracts only for contracts not yet signed by Inv House... If not, a contract signed by both parties means nothing, and so they can change price and completion date whenever they want. I don't beleive it is possible...

[dubai banks]

I emailed Inv house and got the following reply:-

Yes you are correct the completion date is now 1st Quarter 2011.

We estimated the date before as 2nd quarter 2010 as per the contracts but due to unavoidable circumstances beyond our control we have to extend the completion date . Kindly note it will take 30 months to complete the building so basically the expected completion date is now 1st quarter 2011.

You will be notified officially and an amendment letter will be sent to all clients where by we will mention the changes and it should be signed by both the developer and the client.

We will also adjust the payment schedule accordingly

[dubai banks]

:mad:

[ParisDubai]

so it is possible:)
let say dec 2011 for the bbq party!!!

[andubai]

how many pages in the new contract are changed? what's points? how is the new payment plan?
i have shifting of handover date, possible price increasing of 5%, no penality payments for delays in case of war, terrorism...

[ParisDubai]

Is it a joke?

[andubai]

new points:
8.9 the seller shall be entitled to recover from the purchaser any construction cost escalation in excess of 5% owing to the current market situation. Such cost escalation shall be verified by the project manager. the purchaser shall not call in question such cost escalation once certified by the project manager, and shall pay to the sellet the amount apportioned on the unit on or before completation date
15.1 the seller shall not be liable for any failure or delay.... blablabla...., shortage of construction material and labor....blablabla.

the payment plan has not changed from the first contract...

[ParisDubai]

I have already signed my contract and Inv House too... So don't want this new contract.
Andubai, did you have a contract signed by both parties before this new contract?

[andubai]

no, you are safe, i think...
i have send my first contract to them, then they have sent me back the same with the new page 3, 15 an 19 changed to sign.
any suggestions?
there is someone in my situation?
thanks a lot

[Morrismarina]

new points:
8.9 the seller shall be entitled to recover from the purchaser any construction cost escalation in excess of 5% owing to the current market situation. Such cost escalation shall be verified by the project manager. the purchaser shall not call in question such cost escalation once certified by the project manager, and shall pay to the sellet the amount apportioned on the unit on or before completation date


:omg:

I really can't believe this. Somebody please tell me I'm not understanding this correctly !!

So the price is completely open-ended. Who knows what you'll end up paying here. I can't believe the developer has put this in the contract. You'll all be insane to sign up for this. Given the rise in construction costs you will end up paying an absolute fortune for your apartments. The developer is off loading all the risk on to the purchaser here. Stay well clear of this development. It's the craziest situation I've ever heard. You'll lose loads of money buying here......the contract is not worth the paper it's written on.......Buyer Be Very Aware !!!

[jeetha]

Yes it basically means you have to pay 5% EXTRA.

[Morrismarina]

Are you sure Jeeta ?? It doesn't read like that to me. It's saying they can recover any increase in excess of 5%. So in other words, the developer will stand the first 5% increase in construction costs, then charge the purchaser the rest.

There's some strange things going on here. First they quote net area, then decide to re-size the units by quoting gross measurements including communal areas. (Apparantly due to the fact that they can't get their costings right for this project at the start and Emaar have to step in as the development will not be viable). Then they send contracts out but don't return them and instead chose to amend them - adding a clause saying if construction costs go up by more than 5% the purchaser has to pay extra. What's going on here ??

I'm not buying here but if I were, all this would make me feel very uncomfortable.

[Morten_Denmark]

I think you are right Morris. Seems like a blank check to me. Its unheard of - put RERA on the case - or even better - the media.

[jeetha]

Mmmmmmmm
That can’t be right. What if the construction cost goes up by 100%.
Also says that nobody be able to question the project manager. This bit (the purchaser shall not call in question)
It gives them license to print money.

[ParisDubai]

As nobody can sign a contract with such an article, it is maybe a strategy for Inv. House to take back some units (and to refund the buyer at buying price +10/20%) and to resell them at market price?

[dubai banks]

We have signed our contracts and have had them signed and returned to us by Investment House - we certainly won't be signing anything further to say we agree to pay more, especially when we have already had to pay extra because they recosted the project and said we are to pay for the common area. We have ended up paying more money but for less apartment area. We are certainly not going to pay any further increases and will not be selling the unit back to Inv House. I will be taking letter they send to us to a solicitor in the UK along with our signed contracts for their advice.

:ohno:

[ParisDubai]

Hi Dubai Banks,
I think that we are not concerned as Investment House already signed our contract (i think we have the same contract).
In our contract you can read in the art 16.1: "No variation of this agreement shall be valid unless it is in writing and signed by each of the Parties or their authorised representatives."
So they will probably try to send an amendment but of course we will not sign and return it, and our contract is still running.
I don't understand why do they not built a higher tower, keeping the higher floors for them so they can sell the units at the end of the project at market price, and so not have a loss on their project...

[Morrismarina]

I always wondered why this development looked such good value.............now we know why. :ohno:

[Wannaberich]

I always wondered why this development looked such good value.............now we know why. :ohno:


1st rule of property buying in Dubai,forget location,price,style,1st rule is go for an established proven developer.
Always the case with 'good value' projects there is a hitch.
Have looked at this myself and agree prices are very good.This should be
some consolation to the investors.Even with increased costs passed on for increased construction costs this is still a good investment.
In 2011 if this is completed,the Marina along with JBR will be a fantastic place to live and anyone owning property,whichever building,will be very lucky.

[andubai]

incredible, isn't it? so...if i won't ti sing it? what's could happened? i have bought it from the resale market, i want a contract like the first owner has got...and this is what i have signed first....

[i love dubai]

When I visited the office of Investment house last March and looked at the contract and the price increase I got upset and asked Mr. Hussien, How can I be sure that you wull not inncrease the price again, he replied to me Quote: There was no contract before but now once the contract is signed by both parties we cannot increase the price again.
My contract have been signed by both parties and I will not sign any think else.

[ParisDubai]

Hi! good news posted by the DubaiGuy: The tall taller will be probably next to the West side of the Marina:)

Nakheel increases height of Tall Tower to 1.4 kilometres


* Published: 20 June 2008 18:12 GMT
* Author: Colin Foreman
* More by this Author

Tallest skyscraper in the world will be the centrepiece of Ibn Battuta Mall.

Local developer Nakheel is finalising plans for the world's tallest tower in Dubai. The scheme involves constructing a 1.4 kilometre-tall tower next to the Ibn Battuta Mall in the Jebel Ali area.

The Tall Tower project had involved plans for a 1,050 metre-tall building, but it is understood these designs have now been revised upwards to make it the tallest skyscraper in the world.

At 1.4km it is almost double the height of Emaar's Burj Dubai, which is expected to reach about 815 metres, and several hundred metres taller than rival towers in Kuwait and Saudi Arabia.

A spokesman for Nakheel confirms designs for the tower are being finalised and says a launch is expected this year.

Earlier designs for the project showed a building with 228 floors, a four-level basement and one service sub-level – a total built-up area of 1.49 million square metres with 492,000 sq m of useable space.

The tower will house offices, apartments and hotels. In the original 1,050 metre design, the highest habitable floor was at 850 metres, topped by a 200-metre central spire with a three-level function area and three service floors (MEED 10:8:08).

Nakheel's tower will be the focal point of its plans for the Ibn Battuta Mall development next to Jumeirah islands and Jumeirah Lake Towers. The Tall Tower will be flanked by about 20 smaller towers of up to 90 storeys that will be next to the revamped shopping mall.

Work has started on changing the layout of the mall ahead of the proposed expansion, which will double its existing retail area to 250,000 sq m by building retail space over existing parking areas between the mall and the metro.

The expansion will also include entertainment attractions and a roller-coaster on top of the mall.


The Tall Tower was originally called the Pinnacle and destined for Palm Jumeirah, before becoming part of the Dubai Waterfront scheme when it was renamed Al-Burj. The consultancy team for the tower includes UK-based WSP, US-based Leslie E Robertson Associates and Australia's Woods Bagot.

The project is just one of several skyscraper projects under development in the Gulf that could claim the title of the world's tallest building.

Saudi-based Kingdom Holding had planned to build a tower in Jeddah that was expected to be one mile high (1,609 metres). However, these plans are understood to have been scaled back and the final height of the building could be about 1,100 metres.

Like Nakheel's Tall Tower and the Burj Dubai, the tower will form part of a wider 5.4 sq km real estate project planned by Kingdom Holding.

Another masterplanned community anchored by a tall tower is Kuwait's City of Silk. The Burj Mubarak is expected to be 1,001 metres tall. In Bahrain, Danish architect Henning Larsens Tegnestue (HLT) has completed design work for a 1,022 metre-tall tower.

If all these projects go ahead, and no other 1,000 metre-plus towers are built in other regions, the Gulf will be home to the five tallest buildings in the world.

R

[wheresmycoat_2000]

Paris, they can't build more floors because everything must be pre-approved by Emaar. I did drive by today and there is definitely more progress on the site, which is a good sign.

[wheresmycoat_2000]

The tall taller will be next to the Eden Blue:)


Do you know the layout of the neighbourhood? That's not next to Eden Blue. Perhaps some units "may" see a bit of it but Ibn Battuta and Jumeirah Park/ JLT is a completely different district, separated by SZR, and does not border the Marina at all.

Sorry to burst your bubble! :-)

[Morten_Denmark]

Do you know the layout of the neighbourhood? That's not next to Eden Blue. Perhaps some units "may" see a bit of it but Ibn Battuta and Jumeirah Park/ JLT is a completely different district, separated by SZR, and does not border the Marina at all.

Sorry to burst your bubble! :-)

This is such a big fancy development which will mean the same for you Eden owners as Burj Dubai means and affects develoments close by. It is good news for you even if you can not see the tower from your windows. It will mean a significant upgrade of the mall - and most important I think it means that the powerplant behind you will be replaced even quicker and a Marina II will be build there instead.

[ParisDubai]

Yes that's it! And maybe between the Marina I and II, the Arabian Canal:) Just miss a private beach for the Eden Blue owners...

[wheresmycoat_2000]

Morten -- curious, are you also an owner in Eden Blue?

[Morten_Denmark]

Morten -- curious, are you also an owner in Eden Blue?

Hi wheresmycoat_2000

No, I am not an owner. Eden Blue seems like a nice tower and the location is not so bad as some think IMO. So projectwise Eden Blue is good - but obvious you have some issues with the developer.

[wheresmycoat_2000]

thank you for the feedback...

[i love dubai]

My contract is signed by both.

[Wannaberich]

Great news for anyone owning units at that end of the Marina.All of a sudden Eden Blue isnt looking so bad after all.

[Morten_Denmark]

thank you for the feedback...

good points.

hopefully, we can fight and negotiate these amendments. Have you ever heard of a situation like mine, where the purchaser signed the agreement at the developers office but they did not sign as well? Do I have a legal leg to stand on, so to speak?

Thanks for your reply!

No, I have not yet heard about such amendments as yours. I dont think it was strange they did not sign at the office - it is quite normal.

If they have not signed yet I dont know how you stand. I think you could give them a lot of bad publicity if you contact the media - maybe things then will be easier for you. Giving them the right to put unlimited extra cost on you is unheard of.

[MZDUBAI]

I spoke to Eden Blue this after noon, it seems they even don’t care, this is the conditions either you take it or leave it. After waiting for more than a year it is too disappointing to deal with such developer mentality.

I don’t understand whether this issue is raised up after this information about the tower.

They offered to refund the flat back and to give 10-15% premium.
I haven’t my contract signed yet.

Do you think if we sue them that could be a solution?

This contract close is to force buyers to return their flats back so they can sell them on higher prices. On 2011 who knows how drastically the concrete and steel price could jump. so our initial price per sf will end up with double the price (1400) /sf as a cost.

The other thing, how can we know that there will be no other issue with this developer.:ohno:

[ParisDubai]

Nobody can accept 10-15% prenium but a minimum of 100%... I imagine that if you don't sign the contract they can't sell your unit as you have the apartment reservation agreement?

[MZDUBAI]

I don’t know if this will be only applied on the one how don’t have the contract signed or on all Eden Blue purchaser.

I am going to meet them tomorrow for more details.
I well let you all know

[ParisDubai]

Very strange as i just called Inv Houses and they told me that the only change will concern the completion date and not the price (they confirmed that they cancelled the new amendmend regarding the price). Maybe they don't have the same speach for those who don't have a contract signed by both parties? (he asked me me unit number)

[Morrismarina]

I'm not a legal expert but this is how I see things:

If you're already in possession of a contract signed by both yourself and the developer without the new clause then you're fine, it's a done deal and the developer cannot change anything.

However if only you have signed and the developer hasn't signed yet, there's nothing you can do as a contract is not in place. The reservation can simply be cancelled on the basis the developer doesn't want to sell it to you now and your money refunded.

Nobody in their right mind will sign such an open-ended contract and the developer knows this. They're hoping everybody will back out, then they can resell the units at a higher price with of course the new cost escalation clause removed.

I'd definitely speak to RERA and see if there's anything they can do here, as this is totally unethical behaviour. :ohno:

[i love dubai]

Very strange as i just called Inv Houses and they told me that the only change will concern the completion date and not the price (they confirmed that they cancelled the new amendmend regarding the price). Maybe they don't have the same speach for those who don't have a contract signed by both parties? (he asked me me unit number)

So you have your contract signed by both parties?

[ParisDubai]

yes

[merv]

What if we all email Emaar as to what is happening to our project. After all its our hard earned money thats sitting in an escrow account doing nothing for over 1 year now. just a polite notice about the way we have been treated by the buisness men in The United Arab Emerites. Personally im so dissapointed that we have been used and abused by these people who supposedly are a very honest and trustworthy people!! Supposedly!!

Merv:ohno:

[MZDUBAI]

merv,

Don’t be disappointed, I heard that they will eliminate this close. Call Investment House and ask them to change this close (8.9) page 15 from your contract if you don’t have it signed yet.:)

[ParisDubai]

Hi
The camera on the site is not for this month as they don't have the authorization of the main contractors...

[merv]

Why does that not surprise me?
merv:ohno:

[MZDUBAI]

The contracts remain unchanged whether you have it signed or not, don’t be frustrated man....smile:)

The camera is not a practical solution, I don’t think other developer offer the same for their clients. should not make it an issue.

[wheresmycoat_2000]

For a 100 dirhams (or a nice bottle of French wine), I will take weekly photos! :)

[ParisDubai]

I will bring a bottle of french wine next time i will come in Dubai:)
Surely the camera on the site is not very important as we have our spy Mr Coat who takes great pics!!!

[wheresmycoat_2000]

Ahh...Paris, will this be extra aged French wine by the time you get out here? :okay:


Spy? Now thats a sexy job title....:rock::

(right after photographer)

[merv]

Mr wheresmycoat,
By the time this tower is built that bottle of wine will be a very expensive vintage. hold on to the wine as it will worth a lot more than your apartment in eden blue:)

merv

[charlie big potatoes]

Ahh...Paris, will this be extra aged French wine by the time you get out here? :okay:


Spy? Now thats a sexy job title....:rock::

(right after photographer)

What you doing with the other hand?^^^^

[dubai banks]

:lol: Ha - I love it - good to see we all still have our sense of humour!:lol:

Even if our Barby has been delayed.:dance2:

[ParisDubai]

What about the weekly photos?:)
Everything looks ok on the site?

[mazdubai]

Hi all,

Not that much happening at the site. Workers were on site Friday morning (27/06/08 date of pictures), but they seemed to be just loafing about.

http://i153.photobucket.com/albums/s233/umleila/new%20pics%20for%20abba/eden/03220006.jpg

http://i153.photobucket.com/albums/s233/umleila/new%20pics%20for%20abba/eden/03220009.jpg

http://i153.photobucket.com/albums/s233/umleila/new%20pics%20for%20abba/eden/03220007.jpg

http://i153.photobucket.com/albums/s233/umleila/new%20pics%20for%20abba/eden/03220001.jpg

http://i153.photobucket.com/albums/s233/umleila/new%20pics%20for%20abba/eden/03220004.jpg

http://i153.photobucket.com/albums/s233/umleila/new%20pics%20for%20abba/eden/03220002.jpg

[i love dubai]

you can click the link below to see updates of construction at site
http://www.edenbluetower.com/developerpic.html

[wheresmycoat_2000]

Super, thanks!

[dubai banks]

Have been in the USA/Carribean on hol for couple of weeks - thanks for the great photos everyone.

[ParisDubai]

Hi all!
New uptade on the internet site:
http://www.edenbluetower.com/developerpic1.html
Mr Coat your pics are better quality....^^

[wheresmycoat_2000]

Thanks, Paris.

(You still owe me a bottle of French wine. :))

[ParisDubai]

Are they still working on the site as it is very hot now in Dubai?

[wheresmycoat_2000]

yes.

extreme heat doesn't deter progress. :)

[dubaiquote]

but it does slow it down.. i guess the hotter it is the less work gets done .. just a human thing .. but the main delay for projects is not heat it seems to be money and logistics

[ParisDubai]

How long for pilling works (without problem of course)?

[merv]

hi all havnt been about lately but was curious if anyone has been sent their new modified contracts yet?
merv:?

[mazdubai]

I picked my contract up after all the furore about making us liable for construction cost increases. Just to be clear, my contract was NOT signed by them at this time and they had ample time to make the amendment, but chose not to.

So, hopefully this has been dropped as a bad idea and everyone will get their contracts with only the completion date having been changed. Of course that also means a slightly altered payment plan.

[merv]

^^
thanx mazdubai for the update

merv:)

[Saleem]

Hi, I was on holiday in Dubai from the UK two weeks ago and went to the office of Investment House to get some information.

They confirmed verbally that the clause in the contract regarding passing on the construction cost increases has been dropped.

They also advise that completion is expected to be Q1 2011.

I have some pics that i will upload when I have worked out how to do it ( I assume it's simply cut and paste into the message box).

Regards

Saleem

[bizzybonita]

Use this website to upload it .

www.tinypic.com

[Saleem]

Sorry - haven't been able to copy and paste photos into forums - any suggestions on how to do this anybody


Saleem

[i love dubai]

Hi Saleem,
I will PM you my email. You can email me the pictures and I will post them.

[Edenbluite 851]

DELETED

[Edenbluite 851]

Mr AltonD,
Must say that it is indeed rude and unethical to remove my thread from the forum. I take strong exception to it.

Not a word in my mail was out of context or not relevant to this forums discussion. You may put it back on the forum and ask members to comment whether it be pasted or not. I am intrigued and surprised when you do not delete unparlimantry threads while when I provide Good News and updates on progress related to Eden Blue Towers it is deleted from this forum.

This is highly objectionable that you have prevented me from interactig and sharing views with members. Smacks of

[ParisDubai]

From IMRE pics from 1st of August:

http://www.flickr.com/photos/imresolt/2724525466/

http://www.flickr.com/photos/imresolt/2724525358/

Thanks IMRE

[AltinD]

Mr AltonD,
Must say that it is indeed rude and unethical to remove my thread from the forum. I take strong exception to it.

... rather part of a moderator's duty.

CASE CLOSED!

[bizzybonita]

Can anyone answer me please , where is the exactly location of enterance toward DEC podium and marina view or toward power station ?


Thanks in advance

Bizzy

[Saleem]

Hi All,

Opened an account with flikr - to see the photos follow the link

http://www.flickr.com/photos/29488556@N07/

Hope this works

Saleem

[ParisDubai]

Many thanks Saleem for these great pics!

[wheresmycoat_2000]

Thanks Saleem! Much appreciated. :)

[bizzybonita]

This one Ground Work i think ! thanks in advance ...

[dubai banks]

This one Ground Work i think ! thanks in advance ...

Soz Biz, u've lost us wiv this one mate?
Did we miss something?

Just looked on Eden Blue site and the developer has posted more pics from 1-15 Aug. Does anyone know how long this will take?
"Piling permit from Dubai Municipality is awaited"

http://www.edenbluetower.com/developerpic2.htm

[ParisDubai]

thanks for this update. I am suprised that they need a permit for each step of the construction, but it is probably normal?

[dubai banks]

Hope u r well.

Apparently this is normal they have to have permits at certain stages of the build. Only like the UK really where they make sure things are going to plan.

Are you planning on going to Dubai for hols before your apt is built?

[Doctor_UK]

hello to all

eden blue seems to be a good investment opporunity at present. if i describe it's position in a nut shell, then it will be 'high risk, high gain' investment.

can anyone please answers the folowing questions, which i'm sure will be asked by every investor regarding eden blue.....

1. are there any banks offering finance for eden blue?

2. is the payment plan related to the construction of the development, or is it just fixed payments every 3 or 4 months?

3. who is the developer? is it investment house or dujon or someone else?

4. is the location same as shown on the page 1 of this thread/ developers' website? or has it changed?

5. what are the developments infront of eden blue? and how many floors is it?

6. is there any chance of the marina facing apartments losing their view in the future?

thanks in advance :)

regards





....

[BuAlii]

Hi all

No pic for EDEN BLUE

[i love dubai]

hello to all

eden blue seems to be a good investment opporunity at present. if i describe it's position in a nut shell, then it will be 'high risk, high gain' investment.

can anyone please answers the folowing questions, which i'm sure will be asked by every investor regarding eden blue.....

1. are there any banks offering finance for eden blue?

2. is the payment plan related to the construction of the development, or is it just fixed payments every 3 or 4 months?

3. who is the developer? is it investment house or dujon or someone else?

4. is the location same as shown on the page 1 of this thread/ developers' website? or has it changed?

5. what are the developments infront of eden blue? and how many floors is it?

6. is there any chance of the marina facing apartments losing their view in the future?

thanks in advance :)

regards





....
Hi
What I know and seen when I visted Dubai is that Eden Blue plot is the one adjacent to DCE towers and the building infront of Eden blue is 8 floors. I dont think the marina facing apartments will ever lose their view( if you are in higherfloors).
So I think on the highest floors you will get the best view of the marina. My apartment is on the 27th floor and I know that I will have an unobstucted view. The payment plan is every 3 months but it is deposited in an escrow account(AMLAK). The developer is Investments house http://www.investments-house.com

[wheresmycoat_2000]

Did a drive by last night (around 4 am).

There were lights on and activity and I saw a great big hole in the ground. I drove off with a smile on my face. :)