daily menu » rate the banner | guess the city | one on oneforums map | privacy policy (aug.2, 2013) | DMCA policy | flipboard magazine

Go Back   SkyscraperCity > Continental Forums > United Arab Emirates - دار زايـــد > Dubai Projects > Jumeirah Lakes Towers

Jumeirah Lakes Towers 79 Towers in a masterplanned community by Nakheel



Reply

 
Thread Tools
Old November 18th, 2013, 08:26 PM   #621
M.A.K
Registered User
 
Join Date: Dec 2010
Posts: 9
Likes (Received): 0

Hi

Quote:
Originally Posted by W40arx View Post
Thanks Tony, are you playing some version of spot the difference? I take it as not much activity at all then?
Hi ... do you have any updates about the project ?
M.A.K no está en línea   Reply With Quote

Sponsored Links
 
Old November 28th, 2013, 03:17 PM   #622
drmadar
drmadar
 
Join Date: Nov 2011
Posts: 10
Likes (Received): 0

Dubai star update

Hi everyone. I went to the construction site today .The work has resumed and will be completed. They are planning to build upto 48 floors and interior work is going to continue simultaneously.It is going to take another 2 years to complete.
There does not seem to be cash problems anymore since new buyer is on board now. They are hoping to get permission to build upto 48 floors. I was quite satisfied and by the Grace of Allah we will see this project completed
drmadar no está en línea   Reply With Quote
Old December 1st, 2013, 05:23 PM   #623
CIPUS
Registered User
 
CIPUS's Avatar
 
Join Date: Apr 2007
Posts: 175
Likes (Received): 0

http://www.ernestopreatoni.com/en/li...aper-in-dubai/
__________________
Quant'č bella giovinezza che si fugge tuttavia!
Chi vuol esser lieto, sia: di doman non c'č certezza.
CIPUS no está en línea   Reply With Quote
Old December 2nd, 2013, 01:15 PM   #624
Tony 90
Registered User
 
Tony 90's Avatar
 
Join Date: Dec 2006
Location: London
Posts: 543
Likes (Received): 55

Dubai Star last week.





Tony 90 no está en línea   Reply With Quote
Old December 19th, 2013, 05:23 AM   #625
R Malhotra
Registered User
 
Join Date: Aug 2010
Posts: 21
Likes (Received): 0

http://www.ernestopreatoni.com/en/li...aper-in-dubai/

October25

Libero – The Preatoni family buys an entire skyscraper in Dubai

.

An Investment of a hundred million to complete a Tower of 48 floors ( DominaTower) : 600 apartments of which 400 are already optioned.



One of the 900 skyscrapers will speak Italian, which in little more than thirty years have changed the face of Dubai. Ernesto Preatoni announced the investment, which may go up to 100 million to complete a 48 floors tower that the real estate crash of 2009 left incomplete and depleted.

It will be called Domina Tower and it will be ready in April 2015. For the game of mirrors, this time Italians will be pulling the Germans out of trouble. The skyscraper, in fact, was initiated in 2006 by a real estate company based in Germany who had called it ” Dubai Star” without being able to finish it. A highly prestigious locations in the Jumeirah Lake Towers, a large district built along the edges of four artificial lakes reclaimed from the desert offering an uncommon landscape surrounded by the dunes.

In 2009 the sboom: Dubai seems destined to collapse before this happens in Greece. Investors fleeing, real estate companies without money anymore, buyers who paid advances and deposits risk to lose everything. In 2010 came the financing of 10billion of the emir of Abu Dhabi without asking for anything special in return (nothing to do with Mrs. Merkel ).

Dubai is pull out of trouble but investors are now escaped and investments are failing.

It Makes it still testify about 300 skyscrapers that offer the sand off their metal skeletons. A ring gear of the Burj Khalifa, the needle of 830 m which remains the tallest building in the world.

As always happens in the business world when all those who have run away withyour wallet seize the best opportunities. “I valued the opportunity to invest Dubai in 2006, explains Preatoni but I preferred to spend time and resources in other markets like the Baltic States and Russia in particular. The signals that were predicting the risk of a speculative bubble, like soaring sales on paper, combined with the buying and selling of living spaces mainly vacant, were numerous and all very worrying. “

With the explosion of the bubble were burned 250 billion of real estate investments,most of which are concentrated in Dubai. An example is the tower from which proceeds will be 600 apartments, 300 of which have already been optioned: deposits and advances that are likely to go up in smoke. It was the Committee of buyers that called Preatoni to organize it as a manager from Syria had blocked three apartments and risked losing everything. After a year of contacts, the decision to intervene was made. ”We have waited for signs of awakening ” says Preatoni. For the first time in a real estate transaction, Patriarch partnered with two of the seven children. Not surprisingly, the company that owns the Domina Tower Dubai has been called Preatoni Real Estate. It is involving Edoardo of 26 years who moved to Dubai to follow all the negotiations along with his brother Eugenio, four years older who is also joining the partnership. He will have the task of organizing the sales network. The goal, in fact, is to expand the group’s presence in the Emirates: ” The crisis of the United Arab Emirates Real Estate is not expended: in the real estate market of 2012 presents a significant growth constant, prices are rising and also sales have registered positive signs. “


In the viewfinder is the “Dolce Vita”, another incomplete tower. A group of Italian real estate agents have started to building it until the crisis and then everything finished. In the meantime the Germans were in the Gulf trying to findsolutions, but Italians fled. So the “Dolce Vita” become another unfinished skyscraper whose name testifies unequivocally the origin. ”We’are trying to do something,” concludes Preatoni.
R Malhotra no está en línea   Reply With Quote
Old January 8th, 2014, 08:36 PM   #626
W40arx
ACI victim
 
Join Date: Sep 2010
Location: London
Posts: 109
Likes (Received): 1

Has anyone had any further info on this please?
W40arx no está en línea   Reply With Quote
Old January 8th, 2014, 09:06 PM   #627
M.A.K
Registered User
 
Join Date: Dec 2010
Posts: 9
Likes (Received): 0

I live right next to domina tower (dubai star) and notice the construction work everyday. So far, I can see the cranes in operation and a few workers working as well. They do have safety nets up and one can see workers working at the top most floor. The work commenced a few weeks ago but I must say, it is kind of slow. Hope they pick up pace.

Last edited by Face81; January 26th, 2014 at 11:16 PM.
M.A.K no está en línea   Reply With Quote
Old January 27th, 2014, 06:14 PM   #628
1Dxb
Registered User
 
Join Date: Jan 2014
Location: Dubai
Posts: 40
Likes (Received): 24

I happen to live directly next to it as well and it's great to see activity on the site pick up again. The number of workers on the site seems a little low though..they're making slow yet steady progress.
1Dxb no está en línea   Reply With Quote
Old February 1st, 2014, 08:36 PM   #629
1Dxb
Registered User
 
Join Date: Jan 2014
Location: Dubai
Posts: 40
Likes (Received): 24



Source: http://dubaidevelopments.blogspot.ae/
__________________

firoz bharmal liked this post
1Dxb no está en línea   Reply With Quote
Old February 14th, 2014, 03:45 PM   #630
Tony 90
Registered User
 
Tony 90's Avatar
 
Join Date: Dec 2006
Location: London
Posts: 543
Likes (Received): 55

Dubai Star last week.





Tony 90 no está en línea   Reply With Quote
Old February 22nd, 2014, 02:27 PM   #631
1Dxb
Registered User
 
Join Date: Jan 2014
Location: Dubai
Posts: 40
Likes (Received): 24

Working on the 44th floor:



http://dubaidevelopments.blogspot.ae/
__________________

firoz bharmal liked this post
1Dxb no está en línea   Reply With Quote
Old March 23rd, 2014, 01:29 PM   #632
W40arx
ACI victim
 
Join Date: Sep 2010
Location: London
Posts: 109
Likes (Received): 1

Hi all, are there any further updates?
W40arx no está en línea   Reply With Quote
Old March 23rd, 2014, 06:11 PM   #633
building1
Registered User
 
Join Date: Oct 2008
Posts: 628
Likes (Received): 10

What are you guys thinking about the Preatoni owner ? Do they have the funds to finish the tower ? Is there significant work happening again ?
building1 no está en línea   Reply With Quote
Old March 23rd, 2014, 09:35 PM   #634
1Dxb
Registered User
 
Join Date: Jan 2014
Location: Dubai
Posts: 40
Likes (Received): 24

Plenty of activity on the site, I'll post some new pics soon!
1Dxb no está en línea   Reply With Quote
Old March 27th, 2014, 03:35 PM   #635
Sunny666
Registered User
 
Join Date: Mar 2014
Location: Dubai
Posts: 7
Likes (Received): 2

Construction is going on pretty fast.

Couple of pictures:



Sunny666 no está en línea   Reply With Quote
Old March 27th, 2014, 03:35 PM   #636
Sunny666
Registered User
 
Join Date: Mar 2014
Location: Dubai
Posts: 7
Likes (Received): 2





__________________

1Dxb liked this post
Sunny666 no está en línea   Reply With Quote
Old April 17th, 2014, 07:13 PM   #637
Tony 90
Registered User
 
Tony 90's Avatar
 
Join Date: Dec 2006
Location: London
Posts: 543
Likes (Received): 55

Advert in Gulf News.

Tony 90 no está en línea   Reply With Quote
Old April 17th, 2014, 07:17 PM   #638
Tony 90
Registered User
 
Tony 90's Avatar
 
Join Date: Dec 2006
Location: London
Posts: 543
Likes (Received): 55

Dubai Star last week.

Good progress, workers on site 7 days a week.






__________________

Munwon liked this post
Tony 90 no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT +2. The time now is 07:59 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Feedback Buttons provided by Advanced Post Thanks / Like v3.2.5 (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu