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

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Northern Emirates Projects in Ras al-Khaimah, Umm al-Quwain, and Fujairah


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Old May 15th, 2008, 05:35 PM   #61
dubaiote
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Quote:
Originally Posted by eddy123 View Post
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?
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Old May 15th, 2008, 07:28 PM   #62
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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,
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Old May 15th, 2008, 10:30 PM   #63
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I have heard also that Fayrouz will be being released in next couple of weeks
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Old May 16th, 2008, 07:41 PM   #64
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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?
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Old May 16th, 2008, 10:25 PM   #65
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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
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Old May 16th, 2008, 10:41 PM   #66
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Quote:
Originally Posted by Godfather ofProperty View Post
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.
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Old May 24th, 2008, 04:57 PM   #67
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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
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Old May 24th, 2008, 05:33 PM   #68
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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.
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Old June 3rd, 2008, 12:00 PM   #69
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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!
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Old June 3rd, 2008, 01:14 PM   #70
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Try Ines at Properties Dubai. e-mail [email protected]. She'll be able to help you with a BAB inquiry
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Old June 3rd, 2008, 01:33 PM   #71
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cheers for the feedback Yousuf27
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Old June 7th, 2008, 05:33 PM   #72
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Does anyone know who is selling units in this development at present ?
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Old June 9th, 2008, 07:11 AM   #73
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Asteco

Asteco is still their agent, you can contact them.
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Old June 9th, 2008, 09:07 AM   #74
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Quote:
Originally Posted by Yousuf27 View Post
Try Ines at Properties Dubai. e-mail [email protected]. She'll be able to help you with a BAB inquiry
Thanks for the referral. I do indeed have availability.

Cheers xx

Last edited by Ines; June 9th, 2008 at 09:17 AM.
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Old June 10th, 2008, 10:30 PM   #75
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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..
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Old July 2nd, 2008, 03:42 PM   #76
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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%.
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Old July 5th, 2008, 05:09 PM   #77
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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.
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Old July 14th, 2008, 06:26 PM   #78
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RAK govt makes Escrow mandatory:

http://www.empadvisers.com/pages/ras...roperty-market
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Old July 20th, 2008, 06:43 PM   #79
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EDDY
which agent quoted prices. Also did you see the 2 model units
Thanks
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Old August 10th, 2008, 08:30 PM   #80
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Does any one have an update on Bab al Bahr progress ?
Thanks
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