Nakheel, problemas en la palmera!

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Nakheel, problemas en la palmera!

Mensajepor Dalamar » 11 Jul 2012 07:34

According to sources, tenants are losing interest in Palm Jumeirah apartments due to the ongoing battle between landlords and Nakheel over the outstanding service charges. This battle started in December when Nakheel restricted access of 1300 residents from gyms and the beaches at Shoreline Apartments Residences. At that time, Nakheel said that the landlords owed it US$ 20 m in service charges.

The battle intensified when Nakheel drained out 6 swimming pools last week at Marina Residences Towers. Nakheel claimed US$ 4 m unpaid service charges from the owners of property in these residences. Sources say, though Nakheel has started to refill the pools, this action has badly affected its reputation and tenants have started to shun its residences. The high negative publicity of Nakheel has led tenants to ask for rebates for rent and some are even seeking to relocate somewhere else. Mario Volpi, head of leasing and residential sales at Cluttons, says that they have a wider selection of properties to offer and have noticed a reluctance towards the property on Palm Jumeirah.
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 17 Ago 2012 09:02

An artificial island in the shape of a palm tree, Palm Jumeirah increased Dubai’s shoreline dramatically, as well as creating a world-class platform for hotels, resorts and villas. The entire project was to have been capped off by the Trump International Hotel & Tower on the trunk, a 62-storey mixed-use project on the Golden Mile.

First announced in 2005, Nakheel announced in 2009 that work had been suspended indefinitely. This sentiment was echoed later by Donald Trump Jnr., who stated that construction on the billion-dollar project would not happen “any time soon”.

Despite the bursting of the real-estate bubble and the myriad troubles that embroiled master developer Nakheel, the Palm Jumeirah remains a stunning engineering feat. The crescent is constructed from rock, while all the frond-like islands contained within are (literally) built on sand.

The breakwater stands in 10.5m of open ocean at its deepest point, rising to 4m above chart datum, or sea level at low tide. The breakwater was designed to protect the Palm Jumeirah against worst-possible sea conditions, including once-in-a-century Shamal-induced storm events, and even global warming.

Sand, covered by an erosion-preventing water-permeable geotextile, comprises the breakwater’s lowest layer. One-ton rocks cover the sand, with two layers of large rocks, weighing up to six tons each, capping the structure. A ‘toe’, placed by a floating crane, sits inside the crescent. The breakwater also has two 100m openings on each side to eliminate stagnation in the channels. These gaps allow water to recirculate every 13 days.

With the crescent in palce, 4.8m cubic metres of rock were positioned to create the land foundations of the inner frond-like islands. Ten dredgers then began working around the clock to transfer an astonishing 92.234m cubic metres of sand to build up the required land mass.

One of the latest developments at Palm Jumeirah is master developer Nakheel issuing a tender for infrastructure works on Frond ‘N’. It has invited suitably-qualified contractors, licensed by Dubai’s Department of Economic Development, to bid for Tender No. N-006-4-60.

The project comprises: roads, parking, driveways and sidewalks; street lighting, stormwater drainage network; vacuum sewerage; ancillary control and monitoring system; irrigation water system and fire hydrants; utility road crossings: potable water system, electrical network; telecoms network and LPG gas house connections. The closing date for bids from interested contractors is 4 March.

Nakheel has also announced plans to build an exclusive new $80m restaurant and shopping area at the tip of its Palm Jumeirah development in Dubai. The Pointe will be constructed at the tip of the Palm Jumeirah’s trunk, facing the Atlantis hotel. It will cover 131,000m2 and include 56,120m2 of high-end retail shops, a combination of informal and formal dining, a 34,130m2 promenade, a marina with floating pontoons and a computerised water fountain set offshore.

The Pointe will also have 1,200 parking spaces and be linked to the Palm Jumeirah monorail system. Water taxis will also operate between the Palm Atlantis and the Pointe, while the marina will allow boat owners to moor nearby and visit the development. Initial designs for the project have already been produced by Dar Al Handasah, with plans allocating space for 75 retail shops and 120 cafes and restaurants.

Nakheel chairman Ali Rashid Lootah told reporters that tenders for work on the project would be announced within the next two months, and that work would begin on-site by mid-year. He said construction would take 18 months, and that The Pointe would be ready to open at the end of 2013.
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 23 Sep 2012 14:14

Nakheel, which is restructuring some AED59bn ($16.1bn) of liabilities, has hinted it plans to ramp up its tourism interests in an attempt to offset tumbling revenues from its real estate sales.

The company said Wednesday it plans to create 500 artificial reefs around Dubai in an effort to regenerate marine life around the emirate's coastline, and aid the local fishing industry.

The reefs will be positioned around Nakheel's existing manmade islands, Ali Lootah, chairman of Nakheel, told reporters.

"It will help the local economy from having a good tourist industry in Dubai and environmentally I think we did our best to protect the environment," he said.

A United Nations report released last month said the GCC's offshore islands and policy of overfishing had damaged the local marine ecosystem.

Development of the reefs will not be a "big financial burden" said Lootah, without specifying the cost. "We have the materials, we have the stone, we have the barges - we have most of this already. The materials are with us so it's not going to cost us very much," he said.

Nakheel was one of the biggest casualties of Dubai's property crash after overstretching itself with ambitious projects such as the offshore World island development. The firm in September wrote down AED78.6bn ($21.4bn) from the value of its real estate during the Dubai debt crisis.
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 28 Sep 2012 08:40

“The beach belongs to Nakheel, it’s our beach,” the chairman of the government owned master developer, which is embroiled in an ongoing dispute with residents and tenants on the Palm Jumeirah over service charges, said in an interview this week.

“There’s no excuse for not paying. All our fees are approved by the Real Estate Regulatory Authority (RERA) and audited by auditors,” Nakheel chairman Ali Rashid Lootah said in an interview with a local newspaper.

Nakheel’s long running battle with its customers on the Palm Jumeirah started last December when it banned more than 1,300 residents from using the beaches and gyms at its Shoreline Apartments residences and claimed it was owed US$20m in unpaid service charges.

The row escalated when Nakheel drained all six swimming pools at another development, its prestigious Marina Residences towers.

When asked if the developer planned to take control of the man-made island’s beach area Lootah said: “The beach belongs to Nakheel, it’s our beach. We will go as per the contract we sign. I don’t want to elaborate more. Whatever is there in the contract, we will respect it. It is not what people think they are entitled to.”

Lootah said that the situation had begun to improve and those with outstanding charges “have started to pay their dues”.

“I would like to add that Nakheel’s service fees are among the cheapest in town and there are certain people who recognise this,” he added.

“The articles written recently about the problems of service charges or lack of payments to properties on the Palm are, I am sure, having a negative effect,” Mario Volpi, head of residential sales and leasing at Cluttons, said in June.

“When we are offering a wide selection of properties there does now appear to be a reluctance [towards] the Nakheel properties on the palm. The questions from prospective tenants are mainly along the lines of whether the landlord is up to date with his/her maintenance payments,” he added.

“It’s been noticed that quite a few tenants who have been renting on the Palm for a while now are extremely frustrated and no longer wish to renew their leases, or are looking to break their lease for the obvious reasons of limited or no access to on-site amenities," she said.
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 30 Sep 2012 16:52

Downtown is the Nakheel-built Palm Jumeirah development. Last week, there was also a bit of a gathering there. This one was unhappy residents getting together to decide what to do next in their long-running spat with Nakheel, after the developer banned many of them from using the beach in a row over service charges. Many are now stuck in lengthy legal disputes with the developer that could drag on for years. There, is of course, no shortage of apartments for sale on the Palm Jumeirah, though with around five minutes of research, you could pick up a decent place for close to AED800 per square foot

http://www.arabianbusiness.com/is-emaar ... 74599.html
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Nakheel, problemas en la palmera!

Mensajepor Dalamar » 02 Oct 2012 11:27

Nakheel slaps Palm Jumeirah guests with 60% fees hike
CITYSCAPE 2012: Residents furious over beach club fees rise to AED80 per day
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 11 Oct 2012 06:42

Nakheel appoints Sanjay Manchanda as CEO: Indebted Dubai developer makes Sanjay Manchanda full-time boss of firm
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 18 Oct 2012 06:32

Indebted Nakheel issues tender for Palm Mall

Dubai developer launches tender for construction of 160,000 sqm Palm Mall
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 22 Oct 2012 07:35

Dubai's indebted property developer Nakheel said on Sunday that net profit for the first nine months of the year nearly doubled, helped by property handovers and growing business in its retail and leasing segment.

Nakheel, whose developments at the height of Dubai's property boom contributed to the emirate's debt woes, has been slowly recovering from the crippling real estate collapse.

Net profit for the nine months ended September 30 was AED1.1bn ($299.5m), up from AED600m in the year-ago period, Nakheel said in a statement sent by email. The company did not provide any quarterly numbers.

Revenue for the nine months rose to AED4.5bn from AED2bn in the prior-year period.
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Re: Nakheel, problemas en la palmera!

Mensajepor Dalamar » 18 Nov 2012 13:14

Un chalecito en la palmera?
Adjuntos
palmVilla.JPG
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