UAE house prices seen falling further 15-20%
#46
Re: UAE house prices seen falling further 15-20%
see you in ten years ... as for the cheap labour impact on design and structural characteritics on high rise buildings ... i'll have to think about it before jumping into any conclusion but something tells me you could be an accountant or a media designer or a hair dresser ... not necessarily an engineer?
anyhow, like the construction sites around the world are filled with highly skilled labour ... those very skilled seem to do their own business ... have you ever been on a "baustelle' in germany? have you seen who's working there? as for here, some of my friends have personally been as supervisory staff on various constrcution sites around dubai ... many of them lost their jobs ... but they were here during construction of these buildings ...
anyhow, like the construction sites around the world are filled with highly skilled labour ... those very skilled seem to do their own business ... have you ever been on a "baustelle' in germany? have you seen who's working there? as for here, some of my friends have personally been as supervisory staff on various constrcution sites around dubai ... many of them lost their jobs ... but they were here during construction of these buildings ...
I know numerous people in construction and the resounding advice they give is "Don't Buy Du-Bai!"
It's won't be the prices coming down, it'll be the buildings!
#47
Re: UAE house prices seen falling further 15-20%
...your building may have been designed by the greatest architect in the world but I can tell you with 100% certainty that it was built by an underpaid Bangladeshi farmer who has no idea what he is doing, and is pouring cement made with sand from the beach because some middle mans brother can do the job cheaper 'same-same!'
In 10 years time this city is going to a shoddy nightmare!
In 10 years time this city is going to a shoddy nightmare!
#48
Joined: May 2007
Posts: 317
Re: UAE house prices seen falling further 15-20%
what do you do other than riding a harley? if you are not no engineer then let's not argue the things you don't know and in particular about buidling's safety and engineering codes and standards.
as for people suggesting "Don't Buy Du-Bai!" that may nothing to do with the construction quality.
It's won't be the prices coming down, it'll be the buildings!
Last edited by diablo; Jun 16th 2009 at 12:20 pm.
#49
Re: UAE house prices seen falling further 15-20%
what do you do other than riding a harley? if you are not no engineer then let's not argue the things you don't know and in particular about buidling's safety and engineering codes and standards.
as for people suggesting "Don't Buy Du-Bai!" that may nothing to do with the construction quality.
Do you hear yourself? Come on man, that's beyond ignorance.
as for people suggesting "Don't Buy Du-Bai!" that may nothing to do with the construction quality.
Do you hear yourself? Come on man, that's beyond ignorance.
#50
Joined: May 2007
Posts: 317
Re: UAE house prices seen falling further 15-20%
... no, I had no intention of implying that I know better; specifically if talking to an engineer; the whole point was about whether you were an engineer to discuss engineering issues and codes/standards ... however to say 'buildings will fall in 10 years' sounds more like nostradamus ... it just doesn't sund like an engineering statement ...
there are a few engineering failures around the world if i remember correctly like that airport building in france, or some construction sites in germany and bridges in the us and so on. of course there the failure was due to an error in engineering judgement and here is lack of engineering ... these guys here are as good as anywhere else at the same level of comparison ...
there are a few engineering failures around the world if i remember correctly like that airport building in france, or some construction sites in germany and bridges in the us and so on. of course there the failure was due to an error in engineering judgement and here is lack of engineering ... these guys here are as good as anywhere else at the same level of comparison ...
#51
Re: UAE house prices seen falling further 15-20%
Have you been swimming in that famous river in Egypt? You are seriously in Da Nile, mate.
#52
Re: UAE house prices seen falling further 15-20%
diablo, explain this one, my wifes company rents space in a building in abu dhabi, in the last two days over a dozen widows have fallen out, not just the glass but also the frames. these have then seriously damaged over 20 cars parked below. do you seriously believe that the building was built to international standards?
#53
Joined: May 2007
Posts: 317
Re: UAE house prices seen falling further 15-20%
diablo, explain this one, my wifes company rents space in a building in abu dhabi, in the last two days over a dozen widows have fallen out, not just the glass but also the frames. these have then seriously damaged over 20 cars parked below. do you seriously believe that the building was built to international standards?
#55
Re: UAE house prices seen falling further 15-20%
The buildings can be overdesigned, and specc'd out to whatever standard anyone cares to choose, but once it's on site, decisions are made, costs are cut, deadlines are changed and so the outcome can be rather different from the original intent.
This happens all over the world, but whereas, for example, in the UK, Building Control and Planning aren't afraid to wade in and condemn (and have the power and authority to do so), in the ME, as well you know, things are more... flexible.
This doesn't mean to say that every single building is shoddy, but who's to know which is which or what's happened to what?
#56
Re: UAE house prices seen falling further 15-20%
c'mon shiva, you cannot use one building as an example; it would be rather an exception from the rule (particularly if you're talking buildings built by these small local buildiers similar to private houses etc). now if we had a major high rise building collapsing without apparent force (i.e., bomb, erthquake etc.) i would agree and the i vestigation would probably found some dodgy activities / to save some money but hey ... i live on a friken construction site ... Marina hey I watch these buildings from my balcony for years now ... and i'm telling you what i've seen ... what you've seen or your wife etc. is all valid but just a different experience ... i am talking from mine.
The shodiness imho even spills over to 'Euro spec' Developments....
Al Raha Gardens in AD is very popular and has indeed won design awards.
Some of the units have stoves fitted in a space bordered by plastic/synthetic trim.....you switch your hob on and the heat from the ring melts the end of worktop strips.....'allegedly'(I say that to cover me but I've seen the meltdown)...the noise from the aircon is like spitfires limping home from B.o.B. and in some models- in their luverly 'him and hers' bathroom with the luverly rolltop standalone bath,you have to be a skinny minny to access the loo-there isn't enough space for a comely lass like myself possessed of a pair of 36/38/DD or a lager loving lad to negotiate the door which couldn't open becos of the bath parked so close.
Coupled with the problems relative to residencY-why would anyone want to invest in UAE????
#57
Re: UAE house prices seen falling further 15-20%
I'm a Quantity Surveyor with 20 years' experience, but I'm beginning to realise that i'm wasting my time and so is everyone else. Enjoy your fantasy world, fella!
#58
Re: UAE house prices seen falling further 15-20%
Diablo, I like you for your madness but if you had half a dinar between your slavic ears you'd be buying up in Croatia..........
#59
Re: UAE house prices seen falling further 15-20%
c'mon shiva, you cannot use one building as an example; it would be rather an exception from the rule (particularly if you're talking buildings built by these small local buildiers similar to private houses etc). now if we had a major high rise building collapsing without apparent force (i.e., bomb, erthquake etc.) i would agree and the i vestigation would probably found some dodgy activities / to save some money but hey ... i live on a friken construction site ... Marina hey I watch these buildings from my balcony for years now ... and i'm telling you what i've seen ... what you've seen or your wife etc. is all valid but just a different experience ... i am talking from mine.
#60
Joined: May 2007
Posts: 317
Re: UAE house prices seen falling further 15-20%
Eva, being from there I have a natural resistency to those areas. Now some people can claim differently but I know quite a few families that have lost their family homes in Croatia for being of 'worng' nationality. Same applies in other areas of former Yugoslavia; not for Brits though.