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Old June 4th, 2009, 08:56 PM   #221
nagshah
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My Freind was told June 2009 is the delivery and for me March 2010 but from the progress in the area I can confirm to you most villas will not be ready before 2011. This year they might deliver 200-400 villas only.
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Old June 8th, 2009, 03:44 PM   #222
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completion of JP : PHASE 1

How can that be? Nakheel sent a official letter stating Aug 2009; take 4-6 months delay after that date; 2011 for phase 1 is no way possible? can someone confirm this with me??
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Old June 16th, 2009, 08:52 AM   #223
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I'm considering buying here after canceling our plans to invest in Jumeirah Park. Can anyone here tell me if i can visit the model home and also where exactly it is located?

Thank you in advance.
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Old June 30th, 2009, 07:56 PM   #224
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Jumeirah Park June 09

Sorry for the delay finally some up to date pics from JLT.
Most of the work seems to be going on on the right hand side of picture, also they're working 24/7 on a major road junction (see later pics).
















Major Road intersection?





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Old July 1st, 2009, 04:00 PM   #225
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thanks for the great photos!

Great photos thanks Tony.


Can anyone let us know what is going to happen between Jumeirah Park and Disccovery Gardens?

Is there any project allocated for that strip of land?

Seems like it could be pretty valuable and well located in terms of marina, jebel ali, new dubai.

thanks!
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Old July 1st, 2009, 04:40 PM   #226
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Quote:
Originally Posted by TerryPop View Post
Great photos thanks Tony.


Can anyone let us know what is going to happen between Jumeirah Park and Disccovery Gardens?

Is there any project allocated for that strip of land?

Seems like it could be pretty valuable and well located in terms of marina, jebel ali, new dubai.

thanks!
The Arabian Canal going to be there if it will be ever built.

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Old July 18th, 2009, 04:48 PM   #227
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I have a fully paid for 3 bed regional large in phase two, delivery in March 2010 but surely delayed. Would anyone want to swap with me for a phase one villa ? I want to move in earlier. It would delay your payment schedule, easy on on your budget as your payment plan would be strung out longer, assuming of course you have one in phase 1 to swap with....feel free to pm..
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Old July 23rd, 2009, 10:38 PM   #228
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Latest Development Updates March 2009


http://www.jumeirahpark.com/en/devel...structure.html
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Old August 5th, 2009, 01:59 PM   #229
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Anyone in Jumeirah park phase 1 here ? Have you heard anything from Nakheel about handover ? Wasnt it suppose to be in July - August 2009 ?
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Old August 8th, 2009, 10:36 AM   #230
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I said before and I say now, most villas will be delivered 2011.
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Old August 8th, 2009, 05:38 PM   #231
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I know you did, whats your source ?
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Old August 10th, 2009, 04:23 PM   #232
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Jumeirah Park is on hold

Quote:
Originally Posted by DUBAI INVESTOR View Post
I know you did, whats your source ?
Went to Nakheel today to get status on Jumeirah Park progress. They said that they will be sending out notices in a week's time to tell customers not to make any further payments for now. They will be announcing a new payment plan.
They also refused to give us an appointment to check the construction progress on site (they used to give appointments every thursday to customers for going on-site and observing construction).

Of course, they deny the project is on hold. They say that phase 1 has progressed well so far (not sure if there is continued progress on phase 1 as of now). They refused to accept that they may be negotiating a better price from the contractor and/or that they may have defaulted on payments to existing contractor.

Does anyone else have more info on this? Given that many villas are 70%+ paid, the manner in which they are handling this is unacceptable.
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Old August 10th, 2009, 06:17 PM   #233
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Bad news, this means delivery for most villas will be 2012, with phase one mid or end 2011.
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Old August 10th, 2009, 07:30 PM   #234
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I see the site almost every day from the road , same as the Jumeirah Heights, officially not ON HOLD because few workers still there.
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Old August 14th, 2009, 10:27 AM   #235
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Quote:
Originally Posted by nagshah View Post
Bad news, this means delivery for most villas will be 2012, with phase one mid or end 2011.
Nagshah, how you figure this ? I drive thru or around Jumeirah Park daily and I would say the villas are 70 % or so completed. Of course, if Nakheel out of cash and project "on hold" we could loking at 2020 or any date far into future..I believe many of Dubai's property projects are on inofficial hold as Dubai awaiting more cash from Abu Dhabi and only when they have received this money, in form of another bond, will Dubai decide on what projects to complete. Nakheel ( read "Dubai" ) additionally has a huge loan or bond due for repayment in December 2009 which unless met will cause dire consequences for Dubai ....
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Old August 14th, 2009, 06:01 PM   #236
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462 Villas at Jumeriah Park in Dubai

Client: Nakheel

Actual Value: 272m USD

Contractors: Main Contractor: Nurol Group

Consultants: Main Consultant: Dar Al-Handasah (Shair & Partners)

Main Consultant: Edsa (The master-plan Consultant)

Main Consultant: Al Khatib Cracknell Garden Design (Landscape Consultant)

Main Consultant: Bovis Lend Lease (Project Manager)

Project Type: Residential Development

Project Duration:

From: Q3 2008 Estimated
To: Q4 2010 Estimated

Status: Construction

Scope The project calls for construction of 462 three and four-bedroom villas at Jumeriah Park in Dubai. Jumeirah Park covers an area of 3.2 square kilometres.

Schedule: Nurol Group was awarded the main construction contract in July 2008. Construction is in progress and expected to be completed by end of 2010.
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Old August 21st, 2009, 02:32 PM   #237
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Have any one heared from Nakheel? Nabeel
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Old August 22nd, 2009, 01:19 AM   #238
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The last I heard was yes they have officially stopped taking payments
and they are really concentrating on paying a repayment on a loan they have,
That is the main priority right now

please visit the the national news website
For more details
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Old August 22nd, 2009, 11:01 AM   #239
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yup, it's official, I just had a courier delivered letter for me from Nakheel stating " due current market conditions certain aspects of the project have slowed down and as a result of this, we are currently revising the payment schedule for properties within this development which we will share with you in due course..." There has not been workers on site for many months, just skeleton staff like security personel...but work on the surrounding infrastructure like roads etc seems to be pressing along. Still, very disappointing. It would be interesting to talk to the contractors of Jumeirah Park, I bet they have walked off the site due Nakheel lagging way behind in payments.....
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Old August 22nd, 2009, 07:10 PM   #240
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What should I do wiht Tamweel? They financed the house I bought.....is this we will pay interest for ever?
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