EMAAR will launch this tower on 5th April.
It will have 50+ floors we dont know anything about the height......

here is the first render from it
http://i30.tinypic.com/2cn9g7o.gif

http://i30.tinypic.com/2v0izo1.jpg

Time for Emaar to show up one of 2008 launches...

They all look so similar, but 50 floors are great!!! :okay:

Emaar debuts Burj Park waterfront homes within Downtown Burj Dubai

Emaar properties PJSC has unveiled Burj Park, a premium waterfront residential zone and the first of its kind within Downtown Burj Dubai, conveniently located within walking distance of Burj Dubai and The Dubai Mall.

United Arab Emirates: Thursday, April 03 - 2008 at 13:49

Burj Park also offers direct access to Burj Lake Promenade and to Park Island, a 25-hectare park located on an island accessible via a bridge walkway.

Burj Park homes redefine the lifestyle experience by blending elegant views and modern amenities. Many of the residences open to Burj Dubai and a vast panorama of greenery and water, including The Fountain, a monumental, world-class musical water feature incorporating choreographed music, light and projection. The Fountain forms the centrepiece of Burj Dubai Lake.

The sale of studios, and one- and two- bedroom apartments in the 50-storey Burj Park will begin on April 5, 2008 at the Downtown Living Sales Centre located with Downtown Burj Dubai. Potential customers can look forward to luxury living in a lifestyle-rich environment described as the 'soul of Dubai.'

Mr Saif Al Mansoori, Sales Director, Emaar Properties, said:

'Burj Park V is situated in a prime location, defined by the impressive waterfront views it offers residents. Burj Park V homes will appeal to the stylish and sophisticated, with an address where luxury is the way of life. Adding to the affluence of the community is its central location within the thriving neighbourhood, Downtown Burj Dubai, which has already been recognised as a global investment destination.'

Burj Park V features neo-classical architecture and modern décor designed as a collaboration between international and local architects. The interiors of every apartment are embellished with the finest furnishings, accessories and fittings. Podium level amenities include a swimming pool, children's pool, Jacuzzi, outdoor dining area, children's play area, fully-equipped gymnasium and club house with secure parking. The podium also has a number of apartments with private gardens overlooking Burj Dubai Lake and lush, landscaped courtyards.

Mr Al Mansoori explained: 'Burj Park V offers 'a cut above the rest' ambience, and is a perfect complement to the vibrant lifestyle choices offered by Downtown Burj Dubai. The newest neighbourhood in the city has already come to life with residential communities at The Residences and The Old Town, and with the opening of Souk Al Bahar, a shopping mall with a delectable array of dining outlets and cafes - all in an Arabesque environment.'

The 500-acre Downtown Burj Dubai, currently, also hosts three hotels - Al Manzil, Qamardeen and The Palace, The Old Town; as well as dedicated commercial offices. Burj Dubai, the world's tallest building, and The Dubai Mall, one of the world's largest shopping and entertainment destinations, are being completed.

Burj Park, similar to the rest of Downtown Burj Dubai, can be easily accessed from Sheikh Zayed Road, and will also enjoy close proximity to Burj Dubai Metro station. It is located in close proximity to the Dubai International Financial Centre and other business nerve-centres of the city.

Investor response to residential and commercial property in Downtown Burj Dubai is strong, reflecting the increasing preference by potential customers to own property in one of the most prestigious addresses in Dubai.

http://www.ameinfo.com/152299.html

http://img91.imageshack.us/img91/4421/cam66270308framesmallky6.jpg

http://img186.imageshack.us/img186/476/c62smallpe0.jpg

http://img147.imageshack.us/img147/7729/5kitchen03novagk1.jpg

http://img412.imageshack.us/img412/8848/7typicaltoiletae6.jpg

http://img241.imageshack.us/img241/2572/mainlobby13february08jb8.jpg

The first picture is just WOW! I wish we have that many if not more skyscrapers rising so close together. Great stuff!

Excellent renders! Those interiors look good, but that kitchen needs a good overhaul imo! lol

Wow, what great renders :omg: :eek:

The tower on the left side of this one here should be taller than 50 floors :okay:

:cheers:, great new project for DBD!

yea it's wonderful one .

was told by an agent that Burj Park was being sold at AED 3800 / sq ft. wonder what effect it might have on the secondary market for other downtown properties.

How was the response for this tower?

good or bad:ohno:

Sold out in 4 hours @ Dhs 3200 to Dhs 4000 per sq foot :shocked:

Emaar had to call in the police for crowd control. More than a thousand people lined up.

BURJ PARK V


Luxury Resenditial Apartments contained in one 50 storey tower, approximate Area 63,630 SM.

Owner: EMAAR Properties PJSC

Architect: Smallwood, Reynolds, Stewart, Stewart www.srssa.com

M&E & Structural: Meinhardt www.meinhardt.com

http://i183.photobucket.com/albums/x134/sami_tabet/Pers_street_low.jpg


BURJ PARK V


Luxury Resenditial Apartments contained in one 50 storey tower, approximate Area 63,630 SM.

Owner: EMAAR Properties PJSC

Architect: Smallwood, Reynolds, Stewart, Stewart www.srssa.com

M&E & Structural: Meinhardt www.meinhardt.com


http://i183.photobucket.com/albums/x134/sami_tabet/Pers_Aerial_low.jpg


BURJ PARK V


Luxury Resenditial Apartments contained in one 50 storey tower, approximate Area 63,630 SM.

Owner: EMAAR Properties PJSC

Architect: Smallwood, Reynolds, Stewart, Stewart www.srssa.com

M&E & Structural: Meinhardt www.meinhardt.com


http://i183.photobucket.com/albums/x134/sami_tabet/lounge_low.jpg


BURJ PARK V


Luxury Resenditial Apartments contained in one 50 storey tower, approximate Area 63,630 SM.

Owner: EMAAR Properties PJSC

Architect: Smallwood, Reynolds, Stewart, Stewart www.srssa.com

M&E & Structural: Meinhardt www.meinhardt.com


http://i183.photobucket.com/albums/x134/sami_tabet/GYM-low.jpg


BURJ PARK V


Luxury Resenditial Apartments contained in one 50 storey tower, approximate Area 63,630 SM.

Owner: EMAAR Properties PJSC

Architect: Smallwood, Reynolds, Stewart, Stewart www.srssa.com

M&E & Structural: Meinhardt www.meinhardt.com


http://i183.photobucket.com/albums/x134/sami_tabet/loftkit_low.jpg

Owner: EMAAR Properties PJSC

Architect: Smallwood, Reynolds, Stewart, Stewart www.srssa.com

M&E & Structural: Meinhardt www.meinhardt.com[/SIZE]

i'd say 160m+

Sold out in 4 hours @ Dhs 3200 to Dhs 4000 per sq foot :shocked:

WOW!! That's fantastic news! More towers like this please! :cheers:

Demand surges for Emaar's waterfront homes at Downtown Burj Dubai

Posted: 10-04-2008 , 13:32 GMT

Waterfront homes located in the heart of the city are the new trend in the residential property sector of Dubai, as customers turned out in record numbers for the launch of Burj Park V in Downtown Burj Dubai, the flagship project of Emaar Properties PJSC.

Burj Park V is the first in a series of residences that are specifically designed by Emaar to maximize waterfront views for customers. Within walking distance of Burj Dubai – the world’s tallest building - and The Dubai Mall – one of the world’s largest shopping and entertainment destinations, Burj Park also offers direct access to Burj Lake Promenade and to Burj Park Island, a 25-hectare park located on an island accessible via a bridge walkway.

Mr Saif Al Mansoori, Sales Director, Emaar Properties, said: “A central location and picturesque views are a rare combination in residential property development, especially in fast-growing cities. Burj Park at Downtown Burj Dubai has appealed to customers precisely for the same reasons. The strong demand for these waterfront homes has indeed set a new trend in the residential property sector in Dubai.”

He added: “Burj Park is the first of its kind waterfront project within Downtown Burj Dubai. We will build further on the customer appeal and unveil more Burj Park towers shortly. As the new ‘soul of Dubai’, Downtown Burj Dubai is redefining lifestyles – Burj Park is another stellar addition to the 500 acre neighbourhood.”

Many Burj Park residences open to Burj Dubai and offer a vast panorama of greenery and water, including The Fountain, the centrepiece of Burj Dubai Lake and a landmark within Downtown Burj Dubai. The colourful and spectacular Fountain is a musical water feature incorporating choreographed music, light and projection – Burj Park will enjoy some of the best possible views of The Fountain. An exclusive retail offering will augment the amenities within the Burj Park district, offering high-end stores in air-conditioned walkways, along with international cuisine outlets, enhancing the lifestyle experience for residents.

Burj Park V is an elegantly designed tower featuring neo-classical architectural elements. All homes have modern décor, and luxury finishes & fittings. Podium level amenities include a swimming pool, children’s pool, Jacuzzi, outdoor dining area, children’s play area, fully-equipped gymnasium and club house with secure parking.

Three hotels – Al Manzil, Qamardeen and The Palace, The Old Town – are already open within Downtown Burj Dubai, and are now a preferred destination for tourists. Several offices are functioning within Downtown Burj Dubai and Souk Al Bahar, a mall with Arab architectural elements, is a charismatic meeting point for friends and families offering an array of retail and F&B options.

© 2008 Al Bawaba (www.albawaba.com)

http://i183.photobucket.com/albums/x134/sami_tabet/Pers_Aerial_low.jpg

Not surprised this sold out so fast. Prime real estate such as Burj Park V in such a prime location won't last 24 hours once it hits the market!

Thanks for great renders sami_tabet :cheers:

Burj Park V real estate project in Dubai garners huge investor response


13-Apr-2008

An artist's rendition of Burj Park V, flagship real estate development of Emaar Properties in Dubai

The launch of Burj Park V in Downtown Burj Dubai, the flagship real estate project of Emaar Properties located in the heart of the city received massive customer response. Burj Park V is the first in a series of residences that are specifically designed by Emaar to maximize waterfront views for customers.

Saif Al Mansoori, Sales Director, Emaar Properties, said, “A central location and picturesque views are a rare combination in residential property development, especially in fast-growing cities. Burj Park at Downtown Burj Dubai has appealed to customers precisely for the same reasons. The strong demand for these waterfront homes has indeed set a new trend in the residential property sector in Dubai”.

Burj Park V is an elegantly designed tower featuring neo-classical architectural elements. All homes in this real estate development in Dubai have modern décor and luxury finishes. Podium level amenities include a swimming pool, children’s pool, Jacuzzi, outdoor dining area, children’s play area, fully-equipped gymnasium and club house with secure parking.


R

http://img91.imageshack.us/img91/4421/cam66270308framesmallky6.jpg

All these buildings look so nice. But Dubai is getting soooo expensive. Who can afford Dhs 3800 psf? Three years ago buildings were being built and sold at Dhs 600 psf. These price hikes are crazy!

yeah, whats the deal with dubai ?

All these buildings look so nice. But Dubai is getting soooo expensive. Who can afford Dhs 3800 psf? Three years ago buildings were being built and sold at Dhs 600 psf. These price hikes are crazy!

Yea, but clearly there is HUGE demand for such properties right now, even at these crazy prices, I mean, Burj Park V sold out in 4 HOURS flat! Incredible! But question is how long will such a demand last at such high prices? Where will be cut-off point? But I can still see prices going even higher than this! :nuts:

Are these price hikes actually sustainable? Something doesn't seem right if they rise so fast. :weird:

However I am just bullshitting so I don't know. I suppose since material costs have gone up so much then these apartments are worth double the price so they won't drop fast.

Who knows, but u can bet the prices won't drop half as fast as when they went up! They'll go higher before coming down, and I can't see them coming down by a whole lot either - not for a long time yet. Cost of materials is a big factor here but when u have the demand that exists right now for such property in Dubai then they're gonna take full advantage of it believe me. These particular towers / projects will sell out real fast imo!

Like the renders, the burj dubai complex shaping up nicely!

it seems there are still some buildings to be launched in downtown burj dubai.
Does anyone have an idea how many buildings are still to be released?
one can just imagine the prices per sq ft for these.

well if it has 3m floors. it will be 186m high to spire.
if it has 4m floors it will be 248m high.
If it has 3.5m floors it will be 217m high. what does evryone think?

it seems there are still some buildings to be launched in downtown burj dubai.
Does anyone have an idea how many buildings are still to be released?
one can just imagine the prices per sq ft for these.

the point is the prices are still low compared to other international hubs...that's why prices are still high...
the other question as to how long this boom will last, well of course there are several reasons to support the optimist and the pessimist but in the mean time the bulls would continue to gore the bears!

Direct access to a lake!! very confortable

Price: AED4,430,758
Type: Apartment
Bedrooms: 1
Baths: null
SqFt: 992

Location:
Located in
Burj Dubai

well if it has 3m floors. it will be 186m high to spire.
if it has 4m floors it will be 248m high.
If it has 3.5m floors it will be 217m high. what does evryone think?

hmm...i guess it will be over 200m, but not too far

any last updated pictures of this project?? how much construction is done ti now??? the boom is over here in dubai yet emaar wants their money paid in time .

^^ Why would you assume that Emaar wouldn't ask for payments? The only reason to stop payments were if the project in question was on hold. Besides, developers have never followed a construction based payment plan which hopefully will now change with new regulations in 2009.

Do you know if this project is still going ahead as planned ? any updates ?

You can see this as a hole in the middle of the picture, above the M Burj dubai site.
Not much seems to be happening though (when you compare with the mansion)

http://img65.imageshack.us/img65/2389/burjparkmansionwu6.jpg

Has anyone bought an apartment in this project ?

i bought a studio

I send you a pm.

I also bought a flat 1 bedroom. I have no news from Emaar...

Also do you know if law on limiting 25% payment before starting construction would apply ?

I also bought a flat 1 bedroom. I have no news from Emaar...

Also do you know if law on limiting 25% payment before starting construction would apply ?

when is the next payment and when was the launch?


Article (17):
A Developer shall be cancelled from the Register in any of the following
events:
a. If he declares bankruptcy.
b. If he does not commence construction within six months of the date
he was granted approval to sell off plan without an acceptable
excuse.
c. If his license is cancelled by the licensing authorities.
d. If he violates any of numbers (2) or (3) or (4) or (5) of article 16 of
this law.

The 6 month rule is clearly stated in the law No8 (Article 17)
Law No8

http://www.dubailand.gov.ae/ld_websi.../No08_2007.pdf

explanation:

As we have seen by the introduction of new Law No. 14, RERA will be responsible for enforcing the provisions of Law No 8 and may at any time request the Escrow Agent to provide it with any information or data it deems necessary. RERA can determine if a breach of the law has occurred and under the provisions of Law No. 8 may then serve written notice on the Escrow Agent to remedy the breach within a specified period of time.

If it transpires that a developer or any other person involved in the development process knowingly breaches the law, the penalties under Law No. 8 include imprisonment and fines of not less than AED 100,000. A developer’s registration may also be cancelled if it is declared bankrupt, does not start works within six (6) months from the date of approval (without acceptable excuse), its licence is cancelled or it commits any violation of the law or the laws governing the activity of real estate development in Dubai. It will be interesting to see the extent to which these enforcement remedies will be applied going forward, and whether this law has real strength in terms of changing the current market.

http://www.clydeco.com/knowledge/articles/escrow-law-dubais-new-regulations-for-the-sale-of-off-plan-units.cfm

ON HOLD, Bin Ladin security there

20/February/2009

Burj Park 5

http://img8.imageshack.us/img8/6909/imresolt59hf2.jpg (http://imageshack.us)

http://img9.imageshack.us/img9/9558/imresolt60nf6.jpg (http://imageshack.us)

http://img9.imageshack.us/img9/9523/imresolt61ze8.jpg (http://imageshack.us)

Have already paid 25%
Next payment is 30 april for extra 20%
Launch was 5 april 2008
Completion date 31 december 2010
What do you think

Have already paid 25%
Next payment is 30 april for extra 20%
Launch was 5 april 2008
Completion date 31 december 2010
What do you think

You have the right to halt payments as per RERA regulations because they did not start construction yet...........its best if you contact EMAAR about this :bash:

Already contacted Emaar for reinstalelement but they simply refused saying that our contract we signed allow them to be late...

HELLO EVERYONE, THIS IS FOR PEOPLE WHO HAVE PAID EMAAR SOME INSTALMENTS AND WANT TO GET BACK THEIR 5 TO 20 % REST, CALL ME I MAY HAVE A SOLUTION FOR YOU.

THIS PROJECT APPROVED..

Developers like Emaar allowing us to do this only for the selected Towers.. And most cases they are after the instalments whether they are going to finish or not., 'till than collecting whatever they can rather than returning the amount and take their time to call it off later on, Yea Fishy..

Even they are going for construction, The OP price that you've bought still way above than the market if you were direct from Emaar..

Tricky..

So here I come..

I have some friends in Emaar & clients they are paying their instalments properly, Whatever the percentage you have paid I can help and transfer the credit one to another account If the property you have is suitable for this allowance.. Subject to approval by EMAAR

That way, you can waive the risk of paying and regreting later on and as well as getting out clean with no hassle.

You can save pretty good rather than losing it all !!!

Again If the property is suitable for this action.

Contact for details : hakanlegend@gmail.com or HAKAN 050 903 4683

GOOD LUCK FOR ALL,

24/08/09

From 30th floor of the Residences, Tower 1 (W3)
http://img32.imageshack.us/img32/9563/burjparkv.jpg

any news of this proyect?

^^
so who's the developer? maybe someone could check the official site...?

oh and i don't think anything will happen here until next year...