UAE Property Investment Forum

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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ronald9a25 Offline
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Posts: 16
Join Date: Feb 2007
Default Feedback about Dubai Star Tower - 23-02-2007, 05:54 AM

Hey guys,

I have purchased an apartment in Dubai Star tower in Jumeirah 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 are the developers, 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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darren Offline
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Posts: 21
Join Date: Feb 2007
Default Re: Feedback about Dubai Star Tower - 23-02-2007, 06:53 AM

Hi

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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