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Jumeirah Lake Towers Jumeirah Lake Towers consists of residences, offices and retail outlets developed around man-made lakes and waterways covering over 730,000 sq m (2.4 million sq ft); with man-made lakes covering 116,000 sq m (381,000 sq ft). So, with this sheer size and magnitude of the project, has it really been a success? Jumeirah Lake Towers is being completed in various stages, and some investors have already seen a good return on their investment. Are you one of them, or do you have a contradictory opinion? Share your views with others here.

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ruben99a7 Offline
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Default Feedback about Dubai Star Tower - 21-03-2007, 11:35 AM

I have purchased an apartment in Dubai Star tower in Jumeraha lakes; does anyone have a clue what is happening with this? Have you had any problems?

I have been making regular payments since 2004, first I was not told that the marketing agency has handed back to Junior Gas Trading in Kuwait who is the developers, and then I was not told that there is a huge delay in construction. When I phoned them yesterday I was told that the construction has not started due to a problem with al nakheel and that if I want my money back this can be arranged... completion was due in May 2007.

This is very frustrating for me and I am very disappointed....
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pedro_9k6k Offline
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Default Re: Feedback about Dubai Star Tower - 21-03-2007, 12:29 PM

Really know how you feel, started my payments in 04 as well and as I said in my previous post my date has gone back three times. It is under construction but every time I log on the website to look at pictures of the development progress it just makes me feel worse because it is so painfully slow. I have decided to log on only once a month now in the hope that I can see some difference. I think I read somewhere that the Palm Deira is so far behind that Nakheel have offered people a refund or swap to another development. As for excepting your money back, your not going to find the same flat at the 04 price you paid, but how long do you keep waiting?
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bryson99z1 Offline
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Default Re: Feedback about Dubai Star Tower - 21-03-2007, 12:46 PM

I too have been regularly paying since 2004. Same thing happened to me where I was not told that the management has been handed back to junior gas in Kuwait. Also I was not told that the building construction has now been passed onto ACI/Lakeview who apparently are the new owners of the project after junior gas sold to them. I did get offered my money back but no compensation or inflation was taken into consideration, as Moses says that 2004 prices are not available any more.

To think we have paid so much already and there has been no update or communication at all is sickening and frightening as a lot of money is involved.
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cade99v7 Offline
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Default Re: Feedback about Dubai Star Tower - 21-03-2007, 01:00 PM

How is this property doing at the moment? I was being offered commercial property in this structure...office space

what is yr recommendation?
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