#GROUND WORKS: THE PALISADES (DIP)

[jixline]

Pearl Properties and Aristocrate Holdings launched a Dh20 billion mixed-use development in Dubai yesterday.

Situated within Dubai Investments Park, The Palisades is primarily a residential development aimed at the mid- to high-income group, according to a senior executive at Landmark Properties, which has been appointed sales and marketing partner of the project.

Pearl Properties is a group company of Sheikh Issa bin Zayed Al Nahyan and was established 18 months ago to develop residential, commercial and retail sectors in the country.

“We have launched the project at a very reasonable price, focusing on the mid segment of the market. Our pre-launch bulk price for one building is Dh588 per square foot,” Craig Johnson, general manager, Landmark Properties, told Emirates Today.

Comprising 20 residential towers housing 1,450 apartments (one-, two- and three bedroom), 36 townhouses and eight luxury villas (two-, three- and four bedroom), The Palisades is spread across an area of about 15 million sq ft. While the first phase of the project, estimated at Dh10 billon, would complete in end 2008, the whole project is due for completion in 2011.

The site work is already under way and construction for The Palisades is expected to start, on schedule, in early2007. “A high level of sales and sales interest is already evident,” said a senior executive at Pearl Properties.

[Nasrawi]

How many residential developments do they have near industrial areas?

[THE DUBAI GUYS]

R

[THE DUBAI GUYS]

http://thepalisadesdubai.com/

R

[wiki]

i like that render, it looks cool

[DR.SHREJMAN]

come on man it looks nothing

[The Cebuano Exultor]

I like this project. It is simple but, at the same time, elegant.

[Tractor]

I hear all the villas were bought by one guy on the first day!

[Krazy]

Originally Posted by Tractor

I hear all the villas were bought by one guy on the first day!

Landmark sells all 44 villas in Phase One of The Palisades

Dubai: Dubai-based Landmark Properties has successfully sold all of the 44 Phase One villas located at The Palisades, one of Dubai's mixed-use real estate developments.

As a result of strong commercial investor interest in The Palisades, Landmark Properties has released another 200 individual apartments at The Palisades.

The Palisades offer both standard and duplex apartments, ranging from 900 to 1900 square feet.

Craig Johnson, General Manager, Landmark Properties, commented: "Landmark Properties' familiarity with the Dubai real estate market combined with the unique features of The Palisades have resulted in a phenomenal market response to Phase One of the project. We have experienced huge sales success for the first phase and have released individual apartments for sale this month and we foresee a very positive reaction to the release of these apartments."

As sole agents, Landmark Properties is responsible for the sale of villas, apartments and town houses within the Dh10 billion project that will eventually be home to over 55,000 when completed in 2008.

[guy_in_dubai]

lol. i doubt it. they're probably around 4.5million+ each

[dubaiflo]

these guys seem to be good.

website is great, everything seems reasonably designed and the have a blog with updates on progress etc.

[THE DUBAI GUYS]

Palisades takes on sustainable spin
by Angela Giuffrida on Saturday, 24 March 2007

The US $4 billion (AED15 billion) ‘The Palisades' project is set to become the first development of its scale in Dubai to incorporate all elements of sustainable building into its construction.

The project will be heavily focussed on reducing energy and water consumption and will feature sewage treatment, grey water recycling and district cooling plants.

Solar hot-water generation will also be incorporated into the development, as well as new standards in thermal insulation and natural ventilation.

Carefully selected building materials and lightweight structural and building systems will be used to reduce consumption of materials in construction and the associated impact on the environment.

"No other development in Dubai, the UAE, or globally is making environmental assessments on a project of this scale," said Stephen Oehme, chief environmental consultant, The Palisades.

"The technologies and methods that we are reviewing are extremely comprehensive.

"Other developers are typically committing to just one or two environmental initiatives and, overall, the environmental initiatives are secondary. At The Palisades, environmental responsibility a primary objectives - we are reviewing over 20 initiatives, which, when combined will result in a world-first in environmental benchmarking."

Oehme added that while developers are gradually taking heed of sustainable construction, they may have been reluctant to use sustainable building practices in the past because of being unfamiliar with the processes and the costs involved.

"There are a lot of materials out there that aren't risky to use, but because of the cost and unfamiliarity, people were just not using them, even though their environmental impact was instantaneous."

R

[Julito-dubai]

http://www.thepalisadesdubai.com/

website

and brochure

http://www.thepalisadesdubai.com/adm...s_brochure.pdf

[Nazo_x]

Spoke to the Sales manager at pearl properties and she said that the construction is to start in a month and that they will be announcing the awarding of the contract to Arabtec soon...

[bizzybonita]

is a monumental architectural vision coming to life in Dubai Investment Park with uniquely styled homes that are highly individual and packed with function. Its leafy open-planned design will give residents the space to evolve into a community with a real sense of togetherness.

The grand vision of its developers, together with the high quality of structural finish, ensure that this will be an iconic development that will stand out in the competitive housing sector.

Further adding to its profile is its immense size and style. The Palisades will be Dubai's largest area of urban landscaped parkland, housing a staggering population of more than 55,000 in property; styled in the Georgian, Regency and Victorian era. The Palisades is a remarkable project that will not only make a footprint in the property market, but leave a legacy.

[arnestad]

Originally Posted by bizzybonita

is a monumental architectural vision coming to life in Dubai Investment Park with uniquely styled homes that are highly individual and packed with function. Its leafy open-planned design will give residents the space to evolve into a community with a real sense of togetherness.

The grand vision of its developers, together with the high quality of structural finish, ensure that this will be an iconic development that will stand out in the competitive housing sector.

Further adding to its profile is its immense size and style. The Palisades will be Dubai's largest area of urban landscaped parkland, housing a staggering population of more than 55,000 in property; styled in the Georgian, Regency and Victorian era. The Palisades is a remarkable project that will not only make a footprint in the property market, but leave a legacy.

Please note that the following group has been created on Facebook that allows investors and other interested parties to share their thoughts about the status of this development, and to try and obtain some sort of response from the developer.

http://www.facebook.com/home.php?#/g...id=80763442855

There is also a discussion board with details of how to contact Dr Daoud of Avanti Holding, links to newspaper articles where you can lodge complaints against the development, and details of how to lodge a complaint with RERA.

[yshimy]

Is This project ever coming to life? i checked their website, they have some photos that work started in 06 ((( but i know till now nothing is there.

Is there a problem in the project?

also if someone can advice with the difference between freehold and leasehold.

thanks

[bizzybonita]

most of developer websites without any construction updates actually you can't Adopt him ...

[jixline]

still no construction activity on the site

[ww333]

hi


any updates on this project on picture it looks the best project in Dubai but when would it start....????



Thank you