UAE Property Investment Forum

Palm Jumeirah The Palm Jumeirah is the smallest of the three Palm Islands, and is built in the shape of a date palm tree. It consists of a trunk, a crown with 17 fronds, and a surrounding crescent island that will form a water-breaker. Delayed by almost 2 years, the Palm is now reaching it's final stages. Palm Jumeirah is one of the very few projects in Dubai where investors have made over 300% returns. The Palm has been popular with investors, owners and holidaymakers alike. What are your views of the Palm, have you invested there or considering a resale property? Discuss your issues and share your thoughts with others.

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drew95k9 Offline
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Default Construction delays - The big picture? - 19-02-2007, 11:21 AM

There seem to be many problems and delays in many projects currently being build in Dubai. There are delays on the Palm Jumeirah for about a year, Time Place, Marina Diamond 2, The Light House and many more. Some projects are still only a plot with a sign board in one corner.

Could it be that Dubai Municipality realized that they wont be able to handle the increased number of people living in Dubai in the original time frame and therefore try to delay some of the projects?

Does anyone know anything about the free capacities of the water desalination plants, the power plants and so on?

Will new plants be finished in time to provide additional capacity?
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zane98h2 Offline
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Default Re: Construction delays - The big picture? - 19-02-2007, 11:46 AM

You are right; further construction delays can be seen in the majority of projects across Dubai. It is very understandable in developments like 'The Palm', where new construction ideas & technology are being use to recreate new land in the sea.

What I cannot understand is why developers in say The Lighthouse don't come clean with their investors, with the reasons behind all the delays. When you witness the construction of JBR, the multiple towers have gone from ground preparation work to huge towers in not much more than 12 months. In comparison TLH has taken 10 months to dig one hole & start laying foundations.

As a general comment I think the take up of development across Dubai has been so rapid, it has caught the control/design people & systems 'on the hop'. There is now a lot of retrospective planning being introduced, like the news of several new road junctions & schemes to link the various projects together. To an observer it was very obvious the existing road network could not accommodate the planned projects & expected population growth.
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ruben99a7 Offline
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Default Re: Construction delays - The big picture? - 19-02-2007, 11:59 AM

It's also been suggested to me that developers are slowing down a) because they're waiting for the Land Dept. to be established and laws to actually be in place and b) to spread the time-frame when projects are handed over and start to be occupied. All coming at once could probably mean an over-supply and falling prices.
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bryson99z1 Offline
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Default Re: Construction delays - The big picture? - 20-02-2007, 07:11 AM

Hmm... Was Nakheel also not involved in those villas built against a jebelside that showed gigantic cracks in the wall even before the people moved in? There where rumours that the palm developments would 'not last as long' as people might think...

This is what I am worried about with a lot of developments in Dubai. ... There is no standards and everything seems to be finished in a rush... It was to be expected but wonder what our rights are. In the Marina Diamond development we are only allowed ONE inspection tour at handover. All things noticed in this tour should be fixed by the developer.

The rest.... Well, time will tell but should be responsibility of the buyer. I find this a bit strange though because if there are cracks in the wall after say, 6months, I think the developer hold still be liable.

Let's just hoe the Marina Diamond finishing will not disappoint or it will be very hard to sell at a later stage.
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