#UNDER C: DUBAI PEARL, 300M, 73F, (Project)

[Parisian Girl]

MAY 14, 2012

Tower 1: Rebar work for swimming pool area in progress.


Tower 2: Topping mesh Rebar and casting at L7 in progress.


Tower 3: Construction for Beam casting at L8 in progress.


Tower 4: Columns Rebar & Form work for L5-L6 in progress.

http://www.dubaipearl.com/info/construction

[bister]

.....very few workers also on these pictures. Now why is that? Well, you actually have to pay contractors to make them mobilize and actually work. And to generate cash flows you need to sell units and in order to sell units you need a flawless reputation with investors, rather than abusing the legal system to delay the inevitable payment. Dubai Pearl may not realize that the pace of construction is a factor of how you treat all the stakeholders on the project. If you treat them badly it will reflect - as can be seen - on project progress.

[A Almarzooqi]

Originally Posted by bister

.....very few workers also on these pictures. Now why is that? Well, you actually have to pay contractors to make them mobilize and actually work. And to generate cash flows you need to sell units and in order to sell units you need a flawless reputation with investors, rather than abusing the legal system to delay the inevitable payment. Dubai Pearl may not realize that the pace of construction is a factor of how you treat all the stakeholders on the project. If you treat them badly it will reflect - as can be seen - on project progress.

100 persent agree

[pailleenque]

Absolutely… deaf ears and heads buried in the sand. Oblivious to reality!

[bister]

Another lesson in what happens when you are not treating clients and partners well can be read in Arabian Business today. The Chairman of Leighton Holdings is quite displeased about his post crisis involvement in Dubai. This very much includes Dubai Pearl, which according to Mr. Al Habtoor is owing the Leighton JV millions.

An unhappy Master Developer does not bode well for construction progress.

http://www.arabianbusiness.com/leigh...ke-458609.html

The question is, if giants such as Habtoor Leighton is not being paid, no wonder small investors are left in the lurch.

[pailleenque]

May 28, 2012

[bister]

Looks ON HOLD...or 'where are the workers'?

[pailleenque]

What do you mean? I count at least 4.
There 2!

[bister]

You must have sharper eyes than I. Judging from the cranes this does not look promising at all. But are we surprised? These guys just stopped paying 1/3 down our contract and next thing you know, almost 2 years have passed with them in court.....making lame excuses such as the financial crisis being 'force majeure'.

I wonder what stories they are telling investors and contractors now? Workers busy celebrating progress at a beach party?

[getroy]

Any news

[Imre]

Originally Posted by getroy

Any news

Same as before , its U/C because few workers there , practically on hold because no progress..

[bister]

Originally Posted by Tosh

The Giant will rise soon and very soon.
Wait till around June then you will see things moving.

Hi there Tosh

June has arrived and we are half way through, yet Imre only reports of bogus 'progress' with less than a cricket team worth of workers hovering around. Some insight please, people waiting to get paid and some people are waiting to get their aparment....somewhere south of 2015 that is....

[getroy]

thank you IMRE

[i love supertalls]

dubai is so, so projects keeps inventing and never builds anything when everything is on hold

[BushMuncher]

This is my favorite project at the moment, hope finance is properly secured and that is doesn't end up the ways of the pentominium

[gevorika78]

yeah I love this project too. if the stick to the plan, It will be a master piece.

[Parisian Girl]

JUNE 26, 2012

Tower 1: Construction of swimming pool area at L8 and Rebar for columns at L8-L9 in progress.


Tower 2: Core wall L8-L9 ready for casting, Construction of beams at L7 and Rebar for columns L7-L8 in progress.


Tower 3: Construction for Beam at L8 in progress.


Tower 4: Core wall L6-L7 ready for casting and Construction of L5-L6 Columns in progress.

http://www.dubaipearl.com/info/const...n#!prettyPhoto

[bister]

Progress? Where are the workers? Cranes not being used, building materials neatly stacked. This project is ON HOLD because there is no money to pay....

[Imre]

28/June/2012

Dubai Pearl

[firoz bharmal]

THEY DAMN SRERIUOUS ABOUT THIS PROJECT UNLIKE OTHER ONES.....PRIME LOCATION JUST IN FRONT OF PALM JUMERAH.....AND CROSSING OF BEACH RROAD.....!