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Old February 1st, 2009, 04:47 AM   #1321
einar79
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no depression in dubai as we can see
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Old February 1st, 2009, 05:23 AM   #1322
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Originally Posted by einar79 View Post
no depression in dubai as we can see
Dubai is still better then anything in USA or Europe.

Most of projects still going on , infrastructure as well.
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Old February 1st, 2009, 06:04 AM   #1323
Lawcheehung
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no offence to Dubai but aren't like TONS of skyscrapers like half vacant..?
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Old February 1st, 2009, 06:08 AM   #1324
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Quote:
Originally Posted by Imre View Post
Dubai is still better then anything in USA or Europe.

Most of projects still going on , infrastructure as well.
Don't be a ass with out America and Europe designing and building the crap being put there dubai would still be a third world country. And if I remember right the technology used to make dubai rich was develope in Europe and America. Pray Dubai doesn't go bust because we chop off the hands of the ungrateful. In other words don't ask for help.
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Old February 1st, 2009, 06:28 AM   #1325
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Originally Posted by kingsc View Post
Don't be a ass with out America and Europe designing and building the crap being put there dubai would still be a third world country. And if I remember right the technology used to make dubai rich was develope in Europe and America. Pray Dubai doesn't go bust because we chop off the hands of the ungrateful. In other words don't ask for help.
I meant the amount of constructions in Dubai.
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Old February 1st, 2009, 06:30 AM   #1326
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no offence to Dubai but aren't like TONS of skyscrapers like half vacant..?
just tell me one skyscraper in Dubai which is half vacant
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Old February 1st, 2009, 07:38 AM   #1327
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I meant the amount of constructions in Dubai.
Even if thats what you meant your still wrong. America is killing Dubai. I can't speak for Europe and Chinas on a whole other playing field.
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Old February 1st, 2009, 08:20 AM   #1328
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Originally Posted by gothicform View Post
do you have any idea how many companies will have to do this for dubai to get anywhere? the contractors working on these projects don't believe in the dubai boom and never have, they simply took the money whilst the going was good and kept their mouths shut.

the biggest problem is apparently that dubai has liabilities well in excess of its assets and cannot afford to cover them. the main assets that allowed them to expand so fast were property, except the property has crashed creating a huge hole in their balance sheet.

they've spent a fortune building infrastructure which is now well in excess of what they will need and will have to shut down chunks of it or their losses will go up even more.

most importantly of all, in order to sell this idea of it being a major city dubai has tried to have credibility but now the emporer has no clothes and people can see what's happened. who's going to buy property there? it already had a bad reputation before. i know people who have spent $400,000 dollars on apartments and moved into buildings that have had no functioning air conditioning and the light switches don't work.
I know some bad things have been done during the boom. Now it`s the time to change things to the better. The oil rich countries lost a lot of money in Europe, USA. Now they will focus themself on their home economy. Abu Dhabi can bailout Dubai without hurting themself.

Some impressive not real estate related facts.
DXB passengers: 34million (2007)
Tourists in Dubai 8million (2007)
Air cargo: 1.4million tons (2005)
Sea cargo: 92million tons (2005)

Dubai is a tax free, modern and safe city between Africa, Asia and Europe. toutism and trade will help Dubai to boom again.
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Old February 1st, 2009, 08:39 AM   #1329
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Quote:
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America is killing Dubai.
nice joke

just tell me how they will kill Dubai ?
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Old February 1st, 2009, 10:01 AM   #1330
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Originally Posted by Imre View Post
nice joke

just tell me how they will kill Dubai ?
They burning the money Dubai has invested in the USA.
It`s time to take the money back and let them beg for it.

Right now Dubai is collapsing and after the crisis the oil money is behind the boom. The daily show will start again.
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Old February 1st, 2009, 11:38 AM   #1331
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Quote:
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Abu Dhabi can bailout Dubai without hurting themself.
I love this...

Honest americans bailout the idiot bankers who ruin the economy to keep warm their swimming pool, people from Abu Dhabi (from honest people, you don't think they will take the money from the rich people ) will bailout Dubai to keep the extravagant constructions alive.
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Old February 1st, 2009, 11:51 AM   #1332
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Quote:
Originally Posted by kingsc View Post
Don't be a ass with out America and Europe designing and building the crap being put there dubai would still be a third world country. And if I remember right the technology used to make dubai rich was develope in Europe and America. Pray Dubai doesn't go bust because we chop off the hands of the ungrateful. In other words don't ask for help.
sensitive much..?
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Old February 1st, 2009, 12:58 PM   #1333
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Quote:
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just tell me one skyscraper in Dubai which is half vacant
He knows...
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Old February 1st, 2009, 01:33 PM   #1334
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I think in few weeks time this project -NHT- will be U/C
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Old February 1st, 2009, 01:37 PM   #1335
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This thread is garbage.
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Old February 2nd, 2009, 12:35 PM   #1336
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Quote:
I think in few weeks time this project -NHT- will be U/C
no it wont. i know that the people who were managing the construction project have lost their jobs. sorry but when senior construction managers have lost their jobs the project is ****ed.
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Old February 2nd, 2009, 06:58 PM   #1337
bizzybonita
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Please LOCKED this thread ...
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Old February 2nd, 2009, 09:27 PM   #1338
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Quote:
Originally Posted by gothicform View Post
no it wont. i know that the people who were managing the construction project have lost their jobs. sorry but when senior construction managers have lost their jobs the project is ****ed.
I hope they will start again in one year. They can redesign the tower choose a new cosntruction company.
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Old March 8th, 2009, 11:16 PM   #1339
malec
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I'll open this thread again for a little while anyway.

Quote:
Originally Posted by Imre View Post
08/March/2009

Nakheel Harbour Tower

[IMG]http://i42.************/20u1seq.jpg[/IMG]

[IMG]http://i43.************/2le52wy.jpg[/IMG]

[IMG]http://i40.************/25aungy.jpg[/IMG]
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Old March 8th, 2009, 11:25 PM   #1340
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Thanks Imre for the photos .. and for the effort
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