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Old September 18th, 2010, 10:33 AM   #721
noir-dresses
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Quote:
Originally Posted by boschb View Post
i wasnt comparing with china?
dubai's economy is corrupted as most economys are, and there is labour issues in dubai, many construction companys fail to pay there workers
plus there government has a big issue with people paying debts, many peoples passports have been taken away and people have been imprisoned, thats a vialation to human rights
the corruption is true, dubai still has to change its systems, for gods sake the laws have not changed there in many years, the laws are corrupt, or maybe dubai is just different in a bad way, i don't know what im talking about anyway
If Dubai was corrupt it wouldn't of achieved what it has today. On the contrary, it has a zero tollerance policy, which if you ask me is good. The only real problem with developer's the last year, or two is they are abusing force majour to extend completion dates, or they over extended them selves cause they thought the investor buying spree would never end. Confidence is rising in Dubai as we speak, especially with last weeks Dubai World restructuring being finalized.

It is just different that it has laws that don't let you abuse bankruptcy so you don't have to pay your debt's, that's all. In western country's if you go bankrupt it's even worse cause it kill's your credit rating, which put's you on a road to no where fast.

Building's are being finished, or under construction that I even thought would never be done. The infrustructure in Dubia is second to none, and it just keep's getting better. It is well positioned for the next wave of growth when it comes.
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Old September 19th, 2010, 01:32 PM   #722
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Regarding the debt and imprison issue, I agree its an issue that might be better delt with in western countries. But I guess we have 2 points of differnt constraints to make it sound reasonable but not justified to me( I hate banks and I dont like the system to back them up with their scams on ppl):
1) there are almost no citizenship given to residents of UAE, so to guarantee loans and make business move, they cant inforce bankruptcy laws like the North America. Otherwise no bank will give loans to 90% of population of the country, because they can just take the money and runaway
2) People know the rules in advance and its a mater of choice, you knew before taking the loan that you will be prosucted and you have a full idea about the consequences. It applies in other laws in different fields and different countries; for example; if you do drugs in North America you might get away with it if you get caught, but in singapore or India for example, its a serious offence that will imprison you for 10 years in jail or even death penalty if you have large quantity! North Americans know the law very well and some still choose to do drugs in those countries ( where many were caught and sentenced)
My point is; we are in different parts of the world, and laws varies according to many culture, society and other impacts. It might not always be better or worse, but its for sure different. We have to act smart and make right choices!
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Last edited by saeed; September 19th, 2010 at 01:39 PM.
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Old September 19th, 2010, 01:45 PM   #723
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And Regarding those construction companies that dont pay there workers; . Trust me, the company will be in trouble. But we cant bame the government about what these companies are doing, they are private companies in front of the law. I am sure 100%once those workers go and complain they will get support of the labour department and the company will have to pay ....
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Old September 20th, 2010, 06:54 AM   #724
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well i guess im wrong cause thats the majority of what we hear about dubai in canada, i dont know much i shouldnt say much
other that a couple of issues dubai has done extremely well in the past decades
i dint want the thread to get this far off track
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Old September 20th, 2010, 01:43 PM   #725
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Quote:
Originally Posted by boschb View Post
well i guess im wrong cause thats the majority of what we hear about dubai in canada, i dont know much i shouldnt say much
other that a couple of issues dubai has done extremely well in the past decades
i dint want the thread to get this far off track
I am sorry, its my bad!
I get really carried away, I love living in Dubai and all its projects!
But I came from Canada too
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Old September 21st, 2010, 10:04 AM   #726
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+ 1
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Old September 21st, 2010, 10:39 AM   #727
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Quote:
Originally Posted by noir-dresses View Post
If Dubai was corrupt it wouldn't of achieved what it has today.
L. O. L.
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Old September 21st, 2010, 03:06 PM   #728
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http://www.skyscraperlist.com/showth...el-330m&p=1459
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Old September 22nd, 2010, 06:03 AM   #729
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so there is some sort of cladding up there now or has that been there for a while?
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Old September 23rd, 2010, 05:59 PM   #730
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sniff
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Old October 21st, 2010, 07:11 AM   #731
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Here's my merged Al Yoqoub Tower snapshot from a gigapan by 234sale. The roof cladding looks almost wine red and reminds me a bit of some early 20th century skyscrapers in New York.

Not much more to say... it's another slow phase there.

19/October/2010 by 234sale:

[IMG]http://i54.************/se39g7.jpg[/IMG]
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Old October 21st, 2010, 08:00 AM   #732
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At least some work is happening. Not like Al Attar tower...
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Old October 21st, 2010, 08:07 AM   #733
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is that the final color on the crown?
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Old October 21st, 2010, 12:03 PM   #734
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RED is new to dubai
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Old October 22nd, 2010, 06:55 AM   #735
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Oh my F.ing god!!!!

in a VERY VERY BAD WAY!
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Old October 22nd, 2010, 08:05 AM   #736
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LOL
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Old October 22nd, 2010, 08:29 AM   #737
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Quote:
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RED is new to dubai
It's definetly different. I like it.
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Old October 22nd, 2010, 09:52 AM   #738
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Finally some red on a building top IMO. I like it too.
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Old October 22nd, 2010, 12:42 PM   #739
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Quote:
Originally Posted by Dan Hochhaus View Post
Here's my merged Al Yoqoub Tower snapshot from a gigapan by 234sale. The roof cladding looks almost wine red and reminds me a bit of some early 20th century skyscrapers in New York.

Not much more to say... it's another slow phase there.

19/October/2010 by 234sale:

[IMG]http://i54.************/se39g7.jpg[/IMG]

As of today they have completed most of the cladding on the top pyramid.
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Old October 22nd, 2010, 06:35 PM   #740
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nice shot, where the index(328m) is next to al Yaqoub (330m)
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