#PROJECT-Ras Al Khaimah: MARJAN ISLAND - Page 4

rags · April 8th, 2008, 12:59 PM

Quote:

Originally Posted by MrAustralia

Hi all,
I have booked an apartment in Pacific by select properties, somebody has latest pitcures or reports on the project. it will be of great help my email id mraustralia_in@yahoo.com

Hi,

What were the specifications for the apt (which floor, no of bed rooms, area of the apt, view from the rooms, etc) and at what rate did you buy? Also, what were the terms so that one may be able to offer a view meaningfully.

Regards.

beer51 · April 8th, 2008, 01:44 PM

Yousuf27

Did you see any acitivity on the Blu Miraj side?

Ali_Syed · April 8th, 2008, 05:59 PM

i dont think anything will happen on blu mirage till the end of summer!

Yousuf27 · April 8th, 2008, 11:55 PM

Quote:

Originally Posted by beer51

Yousuf27

Did you see any acitivity on the Blu Miraj side?

While I was there I didn't have the plot map with me but I didn't notice anything substantial happening in that direction. Apart from BAB and LHB I could only really see activity on the dredging contractor's base and also a drilling company base at the Marjan Island entrance.

beer51 · April 9th, 2008, 01:36 PM

Thanks Yousuf27

soennecken · April 20th, 2008, 10:53 AM

our friends at C7invest are advertising Harbour Beach on Al Marjan Island with prices from dh1350/sqft. No details on location.

Yousuf27 · April 20th, 2008, 11:34 AM

Hi Soennecken,

I believe this is the same place listed on the thread index as Akaar - it's the Marriott resort opposite LHB. Akaar is the developer and the contrcator will be Turkish - the name was something like Kaysi I think? I think it's very expensive even allowing for a premium to have your apt on the Marriott property. There is 70% finance available through Baroda Bank but I don't think it's a case of 70% final payment upon picking up your keys (as the old LHB deal was before they ended it). I think you still have to make stage payments through the build. The reservation payment is very high imo at 10% - then another 10% on contract so you're in for 20% very quickly at the outset.

Morrismarina · April 20th, 2008, 12:42 PM

And there's a £495 "piss take" administration fee.

vanderlo83 · April 20th, 2008, 12:44 PM

Quote:

Originally Posted by DanishGardener

Hi Folks

Virgin poster on this site although I have bought in Dubai. Does anyone have some good info on Select Properties and Marjan Island and their developments. Their Standard Payment Plan is 15% down, 15% every six months and 10% on completin - Seems steep. 2 bed sea view - 1.3m 933 sqft (1041 sqft with balcony) Is LHB residences 1 or 2 beds better bet and still anything out there to buy today?
help apprciated

Hi i have bought a studio in select properties development pacific. I paid approx 1000psf, and chose the lenghty 15 yr payment plan. i have so far had a good experience dealing with SP, and I have confidence in them as they have escrow A/C in place and also have previous experience from developments in dubai marina. and from what i have read they were the first to implement escrow A/C in dubai even before the law was passed there. i would say that it is worth paying a bit extra as you are getting things like parking, balcony included, and also a big thing for me is the private beach for residents only. anyway this is just my opinion, but these are some of the things that convinced me to buy here.

Ben40 · April 20th, 2008, 03:17 PM

Hi Guys, New to this.. bought a studio in Al Hamra after being told (by estate agent - yes I know..) that it would be ready in a couple of months, and wish I had not as have not seen anything going on for the past year. Thinking of investing here and have seen the SP page but not prices. Any one suggest best purchase options / agents for price and reliable service ext..

Ben40 · April 20th, 2008, 03:21 PM

Hi Vanderlo, what is the deposit to get started for studio with SP? do you know what the 1/2 beds start at?

vanderlo83 · April 20th, 2008, 04:38 PM

Quote:

Originally Posted by Ben40

Hi Vanderlo, what is the deposit to get started for studio with SP? do you know what the 1/2 beds start at?

to reserve you pay a deposit of £3000 GBP and then 15% within 3weeks of receiving the contracts. my studio was 468K AED, but prices have gone up twice since start of april. i have bought in block A which is at the rear of the development and 1beds I believe start at around 780K AED, if you PM me your email address I can send you the latest price list I have for block A. But for 2beds and the other blocks, best to contact SP directly.

Morrismarina · April 20th, 2008, 05:19 PM

Not sure whether you guys have ever thought of this, but I have revolutionary idea.............why don't you post stuff about Pacific on the Pacific thread.

vanderlo83 · April 20th, 2008, 05:32 PM

Quote:

Originally Posted by Morrismarina

Not sure whether you guys have ever thought of this, but I have revolutionary idea.............why don't you post stuff about Pacific on the Pacific thread.

wow that is a great idea thanks!

i guess the fact that i've read various posts about blu mirage and akaar/marriot on this al marjan thread too, threw me off line a bit, my bad. see you on the pacific thread!

Godfather ofProperty · April 21st, 2008, 07:56 PM

This Harbour Beach, is it def marriott? where is it on Marjan island?

Yousuf27 · April 22nd, 2008, 08:57 AM

It's in the same lagoon as LHB but on the opposite side of the bay.

soennecken · May 1st, 2008, 12:59 AM

Yousuf27 · May 1st, 2008, 09:35 AM

Many thanks Soennecken. Great detail.

I have received negative comment on more than one RAK for continuing to point out the issue of being on the ocean side of Marjan Island rather than on the lagoon side. At risk of receiving negative comment again I would like to say that this photograph illustrates my point admirably and it bears out what I saw on the two occasions I've vistied Marjan Island.

At the time when the photo was taken I would estimate the wind speed was about 12 knots generating a sea state around 3. That is calm, - but you can still see clearly that there is white water on the rocks on the ocean side whereas the lagoon side is like a lake. Not an issue on the day the photo was taken or ideed in typical Gulf conditions, - but when the weather turns nasty and you get a 6 on the water you're going to see waves of 1.5 - 2.0m breaking on the weather side. It will always be flat calm in the lagoon.

dubai_nomad · May 1st, 2008, 10:23 AM

Can anyone list all the projects currently on this island?
Are there any new projects coming up on the different island of Al Marjan?

rags · May 1st, 2008, 12:10 PM

Nice photograph from Soennecken. It is a pity though that there does not seem to be much progress on the LHB Residence development. Nor have we had any updates from Khoie. The last newsletter was in March but it contained nothing on LHB 'Residence'. The April newsletter, expected to come out in the first week of the month, never came out. Let us see what, f at all, they put out in may.

April 20th, 2008, 10:53 AM	#66
soennecken We will not be the last Join Date: Jan 2005 Location: Dubai Posts: 555 Likes (Received): 0	Harbour beach our friends at C7invest are advertising Harbour Beach on Al Marjan Island with prices from dh1350/sqft. No details on location.

May 1st, 2008, 12:59 AM	#77
soennecken We will not be the last Join Date: Jan 2005 Location: Dubai Posts: 555 Likes (Received): 0	Thanks to Jasmine's Dad Last edited by soennecken; May 1st, 2008 at 01:06 AM.

May 1st, 2008, 10:23 AM	#79
dubai_nomad Registered User Join Date: May 2006 Posts: 327 Likes (Received): 0	Projects on Al Marjan Can anyone list all the projects currently on this island? Are there any new projects coming up on the different island of Al Marjan?

May 1st, 2008, 12:10 PM	#80
rags Registered User Join Date: Dec 2007 Posts: 414 Likes (Received): 0	La Hoya Bay Residence Nice photograph from Soennecken. It is a pity though that there does not seem to be much progress on the LHB Residence development. Nor have we had any updates from Khoie. The last newsletter was in March but it contained nothing on LHB 'Residence'. The April newsletter, expected to come out in the first week of the month, never came out. Let us see what, f at all, they put out in may.

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April 8th, 2008, 01:44 PM	#62
beer51 Registered User Join Date: Nov 2007 Posts: 664 Likes (Received): 1	Yousuf27 Did you see any acitivity on the Blu Miraj side?

April 8th, 2008, 05:59 PM	#63
Ali_Syed Investor Join Date: Jun 2007 Posts: 223 Likes (Received): 0	i dont think anything will happen on blu mirage till the end of summer!

April 9th, 2008, 01:36 PM	#65
beer51 Registered User Join Date: Nov 2007 Posts: 664 Likes (Received): 1	Thanks Yousuf27

April 20th, 2008, 11:34 AM	#67
Yousuf27 Registered User Join Date: May 2007 Posts: 615 Likes (Received): 0	Hi Soennecken, I believe this is the same place listed on the thread index as Akaar - it's the Marriott resort opposite LHB. Akaar is the developer and the contrcator will be Turkish - the name was something like Kaysi I think? I think it's very expensive even allowing for a premium to have your apt on the Marriott property. There is 70% finance available through Baroda Bank but I don't think it's a case of 70% final payment upon picking up your keys (as the old LHB deal was before they ended it). I think you still have to make stage payments through the build. The reservation payment is very high imo at 10% - then another 10% on contract so you're in for 20% very quickly at the outset.

April 20th, 2008, 12:42 PM	#68
Morrismarina Registered User Join Date: Nov 2005 Posts: 2,612 Likes (Received): 0	And there's a £495 "piss take" administration fee.

April 20th, 2008, 03:17 PM	#70
Ben40 Registered User Join Date: Apr 2008 Posts: 268 Likes (Received): 0	Hi Guys, New to this.. bought a studio in Al Hamra after being told (by estate agent - yes I know..) that it would be ready in a couple of months, and wish I had not as have not seen anything going on for the past year. Thinking of investing here and have seen the SP page but not prices. Any one suggest best purchase options / agents for price and reliable service ext..

April 20th, 2008, 03:21 PM	#71
Ben40 Registered User Join Date: Apr 2008 Posts: 268 Likes (Received): 0	Hi Vanderlo, what is the deposit to get started for studio with SP? do you know what the 1/2 beds start at?

April 20th, 2008, 05:19 PM	#73
Morrismarina Registered User Join Date: Nov 2005 Posts: 2,612 Likes (Received): 0	Not sure whether you guys have ever thought of this, but I have revolutionary idea.............why don't you post stuff about Pacific on the Pacific thread.

April 21st, 2008, 07:56 PM	#75
Godfather ofProperty Registered User Join Date: Mar 2008 Posts: 11 Likes (Received): 0	This Harbour Beach, is it def marriott? where is it on Marjan island?

April 22nd, 2008, 08:57 AM	#76
Yousuf27 Registered User Join Date: May 2007 Posts: 615 Likes (Received): 0	It's in the same lagoon as LHB but on the opposite side of the bay.

May 1st, 2008, 09:35 AM	#78
Yousuf27 Registered User Join Date: May 2007 Posts: 615 Likes (Received): 0	Many thanks Soennecken. Great detail. I have received negative comment on more than one RAK for continuing to point out the issue of being on the ocean side of Marjan Island rather than on the lagoon side. At risk of receiving negative comment again I would like to say that this photograph illustrates my point admirably and it bears out what I saw on the two occasions I've vistied Marjan Island. At the time when the photo was taken I would estimate the wind speed was about 12 knots generating a sea state around 3. That is calm, - but you can still see clearly that there is white water on the rocks on the ocean side whereas the lagoon side is like a lake. Not an issue on the day the photo was taken or ideed in typical Gulf conditions, - but when the weather turns nasty and you get a 6 on the water you're going to see waves of 1.5 - 2.0m breaking on the weather side. It will always be flat calm in the lagoon.