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Old February 2nd, 2014, 10:30 PM   #361
man city fc
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Great thanks UAE. So is there much work going on at the Venetian? What still needs to be finished?

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Old February 4th, 2014, 08:28 PM   #362
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Great thanks UAE. So is there much work going on at the Venetian? What still needs to be finished?
Like i said its been on hold for the last 2 years.

Once Euro building is complete,then we should see a change ?

Last edited by UAE Investor; February 18th, 2014 at 01:33 AM.
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Old February 6th, 2014, 07:54 PM   #363
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Old February 10th, 2014, 05:15 PM   #364
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Basheer ,these are from the second floor ...not very good but i was in a rush to get to the 16 th floor before security intervene !











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Old February 10th, 2014, 05:17 PM   #365
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less fiited out than the 16 th floor ...all i can say really!
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Old February 10th, 2014, 05:55 PM   #366
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less fiited out than the 16 th floor ...all i can say really!
hey.... many thanks for the pics...

still a long long way to go... so as u said I see it atleast 2 years before handover
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Old February 28th, 2014, 12:13 PM   #367
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Any updates from those who have already took possession ?
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Old March 4th, 2014, 01:56 PM   #368
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Dubai bank /EIB operating profit

Does anyone have finance through Dubai Bank now EIB? Are the bank going to honor the agreement to fix the profit rate agreed by Dubai Bank in 2011?
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Old March 12th, 2014, 06:04 AM   #369
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Update on European Building from CRW people

We are expecting to start snagging of the apartments by Mid of April ,2014 and approx. handover of individual units will be by May/June,2014.



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Old March 25th, 2014, 07:21 PM   #370
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Last edited by UAE Investor; March 25th, 2014 at 08:44 PM.
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Old May 4th, 2014, 03:07 AM   #371
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Quote:
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Update on European Building from CRW people

We are expecting to start snagging of the apartments by Mid of April ,2014 and approx. handover of individual units will be by May/June,2014.



Kind Regards,
Hi,

Is this any news on this?
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Old May 9th, 2014, 06:51 AM   #372
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EU Snagging

The European building snagging is going on...visited my apartment on wednesday....the place looks good and minor items like last coat of paint, deep cleaning of the apartment, some tiles in the false ceiling etc. remain to be finished. The snagging staff is very polite and helpful. Came to know that 125 apartments from a total of 160 next door (MEDITERRANEAN BUILDING) are occupied by residents.

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Old May 9th, 2014, 10:30 AM   #373
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Quote:
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The European building snagging is going on...visited my apartment on wednesday....the place looks good and minor items like last coat of paint, deep cleaning of the apartment, some tiles in the false ceiling etc. remain to be finished. The snagging staff is very polite and helpful. Came to know that 125 apartments from a total of 160 next door (MEDITERRANEAN BUILDING) are occupied by residents.

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Thanks Ravi. Do you have any news on Venetian Building?
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Old May 9th, 2014, 01:29 PM   #374
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Heard that it will be ready by December though seems unlikely from the stage it is at now.
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Old May 9th, 2014, 03:57 PM   #375
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Heard that it will be ready by December though seems unlikely from the stage it is at now.
Thankyou
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Old May 9th, 2014, 05:34 PM   #376
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what is this stadium ?
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Wishing a shinning future for you my dear country EGYPT
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Old May 9th, 2014, 10:14 PM   #377
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what is this stadium ?
60,000 seater soccer stadium ...

maybe smaller if they ever start it again?
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Old May 9th, 2014, 10:25 PM   #378
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Heard that it will be ready by December though seems unlikely from the stage it is at now.
The other 2 building took 2.5 years after looking complete, and the venetian is 8(?) floors higher.

If they get it looking external complete i.e no cranes and scaffold stuck to it and all paint work done then from there 3 years..?

Suppose they get to that stage by year end, then we are looking at 2017...but most of the more expensive apartments need to be refinished so even more time( or they won,t be able to sell or rent them.)

2018 is realistic..contractor (unec) won,t put any more man power so ....

So most investors stuck since 2006 on this one and no return...and DSC say go.........yourself...fill in the blanks yourself...!

2006 to 2018 thats ten years, no return not even interest, and big completion fees surprise waiting for all the patient innocent investors at the end.

What a Disgrace ....

Last edited by UAE Investor; May 9th, 2014 at 10:30 PM.
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Old May 12th, 2014, 11:24 PM   #379
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Quote:
Originally Posted by UAE Investor View Post
The other 2 building took 2.5 years after looking complete, and the venetian is 8(?) floors higher. If they get it looking external complete i.e no cranes and scaffold stuck to it and all paint work done then from there 3 years..? Suppose they get to that stage by year end, then we are looking at 2017...but most of the more expensive apartments need to be refinished so even more time( or they won,t be able to sell or rent them.) 2018 is realistic..contractor (unec) won,t put any more man power so .... So most investors stuck since 2006 on this one and no return...and DSC say go.........yourself...fill in the blanks yourself...! 2006 to 2018 thats ten years, no return not even interest, and big completion fees surprise waiting for all the patient innocent investors at the end. What a Disgrace ....
Would be very disappointing if it took another 2.5 years from now until the handover of the Venetian. Trying to remain positive it perhaps took 2.5 years for the European and Mediterranean due to the global economic downturn. Surely it would be in the developers interests (and DSC) for them to finish the whole job, especially as the rental demand appears to be good... Anybody have any ideas when the water is actually going into the canal as well ..?
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