#PROJECT-Ras Al Khaimah: BAB AL BAHR RESORT - Page 4

dubaiote · May 15th, 2008, 05:35 PM

Quote:

Originally Posted by eddy123

There might be an issue and I have addressed it. They expect that the Island will have his own supplies and cost will be bared by the developers. That could be an issue for those early projects. At the end this will be resolved as also RAK will have to grow, this is not the only project. They cannot let their icon fail as it already got attention around the world.

You said that prices increased by 45%, but this is 45% increase on which base price? I believe that it was launched at @800 , and then reached 1000 this year. So technically, thats an impt increase.

Basically, what is the new psf that you said they were being sold at?

Godfather ofProperty · May 15th, 2008, 07:28 PM

has BAB been sold out? i've been told that Fayrouz will be on sale next week, good prices as well when you look at select/blu mirage which are now 1600 sqft,

VISTANA23 · May 15th, 2008, 10:30 PM

I have heard also that Fayrouz will be being released in next couple of weeks

dubaiote · May 16th, 2008, 07:41 PM

Quote:

Originally Posted by eddy123

I was told today at CityScape that prices were up 45%

Ed

Do you know what the new price psf is right now? For the ones launched in citiscape?

eddy123 · May 16th, 2008, 10:25 PM

I cannot give a price per sqft as this varies per location. Price increase of 45% is since march 2008. This was also confirmed by Rakeen. Depending on location it could be very good possible that they have reached between 1400 and 1600 AED or more per sqft. I found projects in RAK much less actractive as this project going out for 1250 AED per sqft.

eddy123 · May 16th, 2008, 10:41 PM

Quote:

Originally Posted by Godfather ofProperty

has BAB been sold out? i've been told that Fayrouz will be on sale next week, good prices as well when you look at select/blu mirage which are now 1600 sqft,

Not sold out, still studio's left.

I was told that Fayrouz is reserved by Rakeen. This is a prime location and prices will probable start even higher which will be in an advantage of the other buildings.

eddy123 · May 24th, 2008, 04:57 PM

Pilling has finally started. You can see a lot cranes now and it seems there is more activity to see than LHB. It seems they started with Fayrouz first.

Borring Beach road to the Island

Project can been seen from a distance

Advertisement by Rakeen

Advertisement of Bab Al Bahr

Nearest Beach resort of Bin Majed, at the background you see the cranes of Bab.

Lots of cranes

A look close by

Got almost stuck here to make this close view

Driving further up the island

Picture from the other side, see the nice aerial not far from the project, Radio RAK?

Next update in a few months

Yousuf27 · May 24th, 2008, 05:33 PM

This development is now underway on a pretty large scale looking at the amount of equipment. I was there beginning of April and nothing was happening as far as I could see. LHB doesn't appear to have as much equipment on site but it is a long way ahead and already has the early blocks rising above ground. A lot of their piling was completed a while back.

camac · June 3rd, 2008, 12:00 PM

Anyone out there got a telephone contact and e-mail address for sales division at RAKEEN for the Bab Al Bahr development? Was informed by Orient Planet that ASTECO are no longer sales agents for BAB!

Yousuf27 · June 3rd, 2008, 01:14 PM

Try Ines at Properties Dubai. e-mail ines@propertiesdubai.ae. She'll be able to help you with a BAB inquiry

camac · June 3rd, 2008, 01:33 PM

cheers for the feedback Yousuf27

VISTANA23 · June 7th, 2008, 05:33 PM

Does anyone know who is selling units in this development at present ?

eddy123 · June 9th, 2008, 07:11 AM

Asteco is still their agent, you can contact them.

Ines · June 9th, 2008, 09:07 AM

Quote:

Originally Posted by Yousuf27

Try Ines at Properties Dubai. e-mail ines@propertiesdubai.ae. She'll be able to help you with a BAB inquiry

Thanks for the referral. I do indeed have availability.

Cheers xx

Ben40 · June 10th, 2008, 10:30 PM

So is the whole Island now land filled? i.e. the furthest round island? I saw an air photograph taken some months ago (Feb 2008) and there was just a narrow outline in place? Thx..

eddy123 · July 2nd, 2008, 03:42 PM

From an agent I received the following price per sqft: 1,350AED for both areas, Inside and Terrace. This is on the third floor of Amwaj and Kahraman. That is an increase of my 1 bedroom apartment, bought only a few months ago, of 56%.

eddy123 · July 5th, 2008, 05:09 PM

I was told that Rakeen will open two showcase appartments at the construction site for investors and buyers to expierence the layout and the kind of materials used. It will be available after the 16th of July for visitors. I will definetly go there when opened to make some pictures.

rags · July 14th, 2008, 06:26 PM

RAK govt makes Escrow mandatory:

http://www.empadvisers.com/pages/ras...roperty-market

VISTANA23 · July 20th, 2008, 06:43 PM

EDDY
which agent quoted prices. Also did you see the 2 model units
Thanks

VISTANA23 · August 10th, 2008, 08:30 PM

Does any one have an update on Bab al Bahr progress ?
Thanks

May 16th, 2008, 10:25 PM	#65
eddy123 Registered User Join Date: Mar 2008 Location: Dubai Posts: 145 Likes (Received): 0	price per sqft? I cannot give a price per sqft as this varies per location. Price increase of 45% is since march 2008. This was also confirmed by Rakeen. Depending on location it could be very good possible that they have reached between 1400 and 1600 AED or more per sqft. I found projects in RAK much less actractive as this project going out for 1250 AED per sqft. Last edited by eddy123; May 16th, 2008 at 10:35 PM. Reason: addition

May 24th, 2008, 04:57 PM	#67
eddy123 Registered User Join Date: Mar 2008 Location: Dubai Posts: 145 Likes (Received): 0	Area and Construction pictures Pilling has finally started. You can see a lot cranes now and it seems there is more activity to see than LHB. It seems they started with Fayrouz first. Borring Beach road to the Island Project can been seen from a distance Advertisement by Rakeen Advertisement of Bab Al Bahr Nearest Beach resort of Bin Majed, at the background you see the cranes of Bab. Lots of cranes A look close by Got almost stuck here to make this close view Driving further up the island Picture from the other side, see the nice aerial not far from the project, Radio RAK? Next update in a few months

June 9th, 2008, 07:11 AM	#73
eddy123 Registered User Join Date: Mar 2008 Location: Dubai Posts: 145 Likes (Received): 0	Asteco Asteco is still their agent, you can contact them.

July 2nd, 2008, 03:42 PM	#76
eddy123 Registered User Join Date: Mar 2008 Location: Dubai Posts: 145 Likes (Received): 0	new market price ! From an agent I received the following price per sqft: 1,350AED for both areas, Inside and Terrace. This is on the third floor of Amwaj and Kahraman. That is an increase of my 1 bedroom apartment, bought only a few months ago, of 56%.

July 5th, 2008, 05:09 PM	#77
eddy123 Registered User Join Date: Mar 2008 Location: Dubai Posts: 145 Likes (Received): 0	two showcase appartments I was told that Rakeen will open two showcase appartments at the construction site for investors and buyers to expierence the layout and the kind of materials used. It will be available after the 16th of July for visitors. I will definetly go there when opened to make some pictures.

May 15th, 2008, 07:28 PM	#62
Godfather ofProperty Registered User Join Date: Mar 2008 Posts: 11 Likes (Received): 0	has BAB been sold out? i've been told that Fayrouz will be on sale next week, good prices as well when you look at select/blu mirage which are now 1600 sqft,

May 15th, 2008, 10:30 PM	#63
VISTANA23 Registered User Join Date: Mar 2008 Posts: 33 Likes (Received): 0	I have heard also that Fayrouz will be being released in next couple of weeks

May 24th, 2008, 05:33 PM	#68
Yousuf27 Registered User Join Date: May 2007 Posts: 615 Likes (Received): 0	This development is now underway on a pretty large scale looking at the amount of equipment. I was there beginning of April and nothing was happening as far as I could see. LHB doesn't appear to have as much equipment on site but it is a long way ahead and already has the early blocks rising above ground. A lot of their piling was completed a while back.

June 3rd, 2008, 12:00 PM	#69
camac Registered User Join Date: May 2008 Posts: 31 Likes (Received): 0	Anyone out there got a telephone contact and e-mail address for sales division at RAKEEN for the Bab Al Bahr development? Was informed by Orient Planet that ASTECO are no longer sales agents for BAB!

June 3rd, 2008, 01:14 PM	#70
Yousuf27 Registered User Join Date: May 2007 Posts: 615 Likes (Received): 0	Try Ines at Properties Dubai. e-mail ines@propertiesdubai.ae. She'll be able to help you with a BAB inquiry

June 3rd, 2008, 01:33 PM	#71
camac Registered User Join Date: May 2008 Posts: 31 Likes (Received): 0	cheers for the feedback Yousuf27

June 7th, 2008, 05:33 PM	#72
VISTANA23 Registered User Join Date: Mar 2008 Posts: 33 Likes (Received): 0	Does anyone know who is selling units in this development at present ?

June 10th, 2008, 10:30 PM	#75
Ben40 Registered User Join Date: Apr 2008 Posts: 268 Likes (Received): 0	So is the whole Island now land filled? i.e. the furthest round island? I saw an air photograph taken some months ago (Feb 2008) and there was just a narrow outline in place? Thx..

July 14th, 2008, 06:26 PM	#78
rags Registered User Join Date: Dec 2007 Posts: 380 Likes (Received): 0	RAK govt makes Escrow mandatory: http://www.empadvisers.com/pages/ras...roperty-market

July 20th, 2008, 06:43 PM	#79
VISTANA23 Registered User Join Date: Mar 2008 Posts: 33 Likes (Received): 0	EDDY which agent quoted prices. Also did you see the 2 model units Thanks

August 10th, 2008, 08:30 PM	#80
VISTANA23 Registered User Join Date: Mar 2008 Posts: 33 Likes (Received): 0	Does any one have an update on Bab al Bahr progress ? Thanks

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