#COMPLETED: JUMEIRAH BAY, 41+46+41F, Com, Plot X1, X2, X3 (JLT)

[Gang2098]

Thanks Imre

[Gang2098]

Exterior Cleaning

[AltinD]

A friend who ownes a studio, took delivery and already rented it out through an agent for 36,000 AED, 4 cheques. She paid 5,500 AED service charges.

[Imre]

Originally Posted by AltinD

A friend who ownes a studio, took delivery and already rented it out through an agent for 36,000 AED, 4 cheques. She paid 5,500 AED service charges.

Thats the correct price, we had a small studio of Goldcrest 2 and was rented out within 2 days only for 35K.

[celticmonkey]

how much are the duplex 1 beds renting for?

[celticmonkey]

Word is that there will be no retail in X3 and very limited retail in X1! has anyone else heard what retail there is. I am looking at moving into X1 but with no/limited retail im not so sure. apparently this is the developers decission!!

[Gang2098]

Current Rents (20-Apr-2011)
- Depending on sq-footage.
- Height or view is not so relevant now.
- Proximity to Dubai Marina metro is a key factor.

Studio (560sqft): 30k - 35k
1-BR Simplex (880sqft) : 35k - 45k
1-BR Duplex (1050sqft) : 45k - 55k
2-BR Simplex (1500sqft) : 60k - 75k
2-BR Duplex (2000sqft) : 75k - 85k

There are supposedly a Dry Cleaning company, and a Courier company interested in taking up space in X1 retail. It would be nice to have a Mini-market, and Cafe/Restaurant. (fingers crossed).
I'm sure it won't be too long before a Subway is there.

[Formosa Explorer]

Originally Posted by Gang2098

Current Rents (20-Apr-2011)
- Depending on sq-footage.
- Height or view is not so relevant now.
- Proximity to Dubai Marina metro is a key factor.

Studio (560sqft): 30k - 35k
1-BR Simplex (880sqft) : 35k - 45k
1-BR Duplex (1050sqft) : 45k - 55k
2-BR Simplex (1500sqft) : 60k - 75k
2-BR Duplex (2000sqft) : 75k - 85k

There are supposedly a Dry Cleaning company, and a Courier company interested in taking up space in X1 retail. It would be nice to have a Mini-market, and Cafe/Restaurant. (fingers crossed).
I'm sure it won't be too long before a Subway is there.

Hi Gang:

I have lived in X1 tower since early Feb 2011. As per my observation, it seems the range of the rent for the apt are as the below:

1: Studio: 32K or above
2: 1 BR (Simplex/Duplex): 50K to 55K
3: 2 BR (Simplex): 70K or above
4: 2 BR (Duplex) 2000 sqft: 80K to 90K

Not sure about the rental difference for the furnished apt in this tower if there is any!!
U may also keep this info fyr!!

[Gang2098]

Originally Posted by Formosa Explorer

Hi Gang:

I have lived in X1 tower since early Feb 2011. As per my observation, it seems the range of the rent for the apt are as the below:

1: Studio: 32K or above
2: 1 BR (Simplex/Duplex): 50K to 55K
3: 2 BR (Simplex): 70K or above
4: 2 BR (Duplex) 2000 sqft: 80K to 90K

Not sure about the rental difference for the furnished apt in this tower if there is any!!
U may also keep this info fyr!!

I have also been living in X1 since Feb.
My estimations were not far off. [They were from a reliable source].

[Freestyler]

Anybody has internet connection there? Whats the speed and cost?

[msamre]

Du Internet Service availability:

Building Name Expected date of Service Availability Status/Remark
JLT - Jumeirah Bay (Plot # X1) 7-Feb-11 Service Available
JLT - Jumeirah Bay (Plot # X2) 3-Nov-10 Service Available

Broadband speed and prices:

broadband Monthly Fee (AED)
256 Kbps 149
512 Kbps 189
1 Mbps 249
2 Mbps 349
8 Mbps 449
16 Mbps 549
24 Mbps 749
value added services
Additional e-mail address 10MB 14
Additional mailbox space 50MB 5
Additional mailbox space 100MB 10
Static IP address One time activation fee AED 300
Activate as many Home Services as you want for just AED 200

[Abuhnida]

Intrested in 2BD in X1 moving within 10 days.

[X1_Resident]

Hi X1 residents...
Being a resident of X1 we should all get together against the following issues:

1) The facade cleaning of the tower has not taken place since it was done 1st in March this year.The only answer I am getting from the past 1.5 mth is that its all setup only need a 3rd party approval to begin the cleaing...
2) The lifts get should be centrally controlled which will help all of us cut down on the wait time for the lifts.
3) We should put pressure to form an OA immediately so that we can take control of things and make it better.

[lilyane]

Originally Posted by X1_Resident

Hi X1 residents...
Being a resident of X1 we should all get together against the following issues:

1) The facade cleaning of the tower has not taken place since it was done 1st in March this year.The only answer I am getting from the past 1.5 mth is that its all setup only need a 3rd party approval to begin the cleaing...
2) The lifts get should be centrally controlled which will help all of us cut down on the wait time for the lifts.
3) We should put pressure to form an OA immediately so that we can take control of things and make it better.

Hello, X1_Resident!

I am also a resident of X1.
It is really a shame that management is not taking any actions regarding the issues we have for long time now.
Window are horrible, we will not be able to see through them soon.
Not to mention lifts and swimming pool requests for a sunbeds, that they are promising for a long time now.
Do you have some suggestions what we can do about all of this?
I will be glad to participate.

Thanx for bringing this up.

[X1_Resident]

Hi,
It would be great if there are more people along so we can all come together and speak to Imdaad(facilities management) to get these things organised immediately within a certain time frame and not just by saying will be done without any deadlines.Most importantly we should press for an interim OA to be formed immediately so that we can take control of manging the tower and make these changes immediately.The service charges are being taken for year1 and the services are not being provided the way it should be.Immediate action should be taken by all of us put together.
Let us all come together....

[Gang2098]

Latest Update:

- Facade Cleaning starts tomorrow Thursday 1st Dec
(just in time before they take next year's service charges)

- The OA will start first week of Feb 2012.

-There are alot of pending issues:
-Lifts/Elevators not syncronized
-Reception Furniture/Decoration
-Swimming Pool sunbeds/umbrellas
-Signboard of Jumeirah Bay 1, 2, 3 on each tower
-Cats/rats in the parking area to be removed

plus more.........

[X1_Resident]

Couldn't agree with you more.....We should make sure that all this pending work is carried out and the issues sorted out before we give our next yr's service charge.Everything should be in place before we hand over our 2012 service charges.The OA once formed will help all of us sort these issues immediately....

[smurf27]

I am also resident in X1, the time wasting by Imdaad is stupid. Too many issues to mention, I believe that all owners should withhold next years fees until developer delivers on what they promised. lobby completed, pool area finished. And cleaning crew improved, we need to get the owners association set up and be rid of Imdaad, they are useless

[X1_Resident]

Originally Posted by smurf27

I am also resident in X1, the time wasting by Imdaad is stupid. Too many issues to mention, I believe that all owners should withhold next years fees until developer delivers on what they promised. lobby completed, pool area finished. And cleaning crew improved, we need to get the owners association set up and be rid of Imdaad, they are useless

You are absolutely right....We(all owners) should get together and make these things happen....The OA should be setup at the earliest and all these issues should be raised immediately by the OA and sort it out before moving forward.

[MacroOAM]

Dear Jumeirah Bay Interim Owners Association,

The purpose of this post is to introduce my organization, Mace Macro Owner Association Management (Macro OAM), to you. We are a professionally licensed provider of Owner Association Management services with our headquarters based in Dubai.

Our primary purpose as an owner association management company is to assist in the administrative, financial and technical affairs of the owners association; our services include:

Administrative Management
- Prepare and issue notices for Annual General Assembly and Extraordinary Assembly meetings
- Assist with preparation of Agenda, voting papers and other forms required during General Assembly
- Distribute minutes of the annual General Assembly
- Prepare and issue notices of Owners Association Board meetings
- Prepare and issue notices to Owners regarding compliance with Owners Constitution
- Attend to the instructions of the Owners Association Board
- Maintain records for Owners Association as required under Jointly Owned Properties law
- Maintain records of notices served, minutes of meeting, Owners Constitution, by-laws and other applicable resolutions
- Refer all applications, correspondence, inquiries, complaints and requests for information to the Owners Association Board for its consideration and action
- Follow established and agreed procedures for obtaining authority and instructions from the Board and promptly comply with instructions received from the Board
- Update all relevant information onto online community web portal for online access to owners and residents

Financial Management
- Assist Owners Association Board with preparation of draft budgets for general and reserve funds
- Prepare annual statements of accounts in respect of each financial year
- Facilitate payment of service charges with respect to each Owner's entitlement
- Facilitate payment of insurance premiums and any other financial obligations of the Owners Association
- Management of accounts payable and receivables of all income and expenses against general and reserve funds

Facilities Management
- Prepare request for proposal for tendering of supply agreements with service providers for facilities maintenance services and insurance protection;
- Assist with evaluation of supply agreements between owners association and service providers
- Supervise and monitor service provider performance against key performance indicators and contractual obligations
- Provide a Computer Aided Facility Management (CAFM) system that supports a 24/7 helpdesk service for all reactive and emergency matters
- Manage an effective maintenance plan through long term planning with an emphasis on reducing operating costs
- Manage the delivery of all property and community related services for all common area facilities
- Prepare specifications and standard operating procedures for all service providers
- Provide health & safety specialist advice on all operational matters
- Provide technical advice and guidance on all building and property related matters
- Prepare life cycle costing and reserve fund assessment
- Provide project management support and control for association activities
- Propose energy management and environmental management plans with the aim of reducing operating expenses

As an association management company, one of our main goals is to 'make a difference' in your community by adding value to areas where others don't. We would be pleased to meet representatives of the Owners Association to explain how we can add value to the Jumeirah Bay community.

Please let us know if you would like to learn more about how we can be of assistance and we will gladly attend a meeting at a time of your convenience.

Kind regards

Roger Ghandour
Director of Association Management
Mace Macro Owner Association Management
PO Box 28654, Dubai, UAE

t: +971 (0)4 339 7958
f: +971 (0)4 339 7957
m: +971 (0)50 812 1027
h: +971 800 MACRO (62276)
http://www.macemacro.com