DUBAI | Nakheel Harbour Tower | NEVER BUILT - Page 15

Imre · #**281** Posted **Sep 4, 2009, 3:35 PM**

04/September/2009

Nakheel Harbour and Tower site

malec · #**282** Posted **Sep 20, 2009, 10:04 AM**

Some more pictures of this abandoned site

Quote:

Originally Posted by Imre

18/September/2009

Nakheel Harbour and Tower site

Dylan Leblanc · #**283** Posted **Nov 22, 2009, 10:13 AM**

Had any real construction ever begun for this tower? Other than site clearing and excavation. Had construction of the foundation started?

malec · #**284** Posted **Nov 22, 2009, 8:49 PM**

^^ I don't know but I think some piling might have happened.

malec · #**285** Posted **Nov 26, 2009, 10:31 PM**

Imre got a free chopper ride from a company in return for selling a lot of his pictures. Here are some pictures from this abandoned site.

Quote:

Originally Posted by Imre

26/November/2009

Nakheel Harbour and Tower

Starsky · #**286** Posted **Nov 29, 2009, 8:38 PM**

Probably Nails in the coffin for this one

ethereal_reality · #**287** Posted **Nov 29, 2009, 9:16 PM**

Sadly, it looks that way.....just read any newspaper in the world.

Here are just a few examples.
The first and third link mentions Nakheel PJSC by name.

http://www.bloomberg.com/apps/news?p...d=aRsjlClzl500

http://www.heraldscotland.com/news/w...tocks-1.986865

http://www.ft.com/cms/s/0/46b4065c-d...44feabdc0.html

malec · #**288** Posted **Nov 29, 2009, 11:29 PM**

Yes, as dead as a doornail.

Ktulured55 · #**289** Posted **Dec 2, 2009, 6:01 AM**

I dont' think it's dead yet. Just on hold maybe for another year. Everything will come back.. They are just finally really feeling the global recession now, this is just a huge 'correction' and things will bounce back. More and more people will still be moving to Dubai and it will continue to grow. This is only a large setback.

If I could find a good job there, I personally wouldn't mind moving to Dubai myself.

malec · #**290** Posted **Dec 2, 2009, 10:19 AM**

But Nakheel are pretty much bankrupt.

OneWorldTradeCenter · #**291** Posted **Dec 14, 2009, 3:45 PM**

I think, they will never build this tower.

TANGELD_SLC · #**292** Posted **Dec 14, 2009, 7:57 PM**

This project is most definitely going to be dead. 1: it's extravagantly expensive. 2: there's no "need" for it to be built. 3: Nakheel's bankrupt. 4: Sheik Mohammed has already fulfilled his dream of building the tallest structure on earth in his emirate. His ego is sufficiently padded, I'm sure. I think that sums it up

If it goes forward I'll be shocked.

Duffstuff129 · #**293** Posted **Dec 14, 2009, 8:06 PM**

Quote:

Originally Posted by TANGELD_SLC

This project is most definitely going to be dead. 1: it's extravagantly expensive. 2: there's no "need" for it to be built. 3: Nakheel's bankrupt. 4: Sheik Mohammed has already fulfilled his dream of building the tallest structure on earth in his emirate. His ego is sufficiently padded, I'm sure. I think that sums it up

If it goes forward I'll be shocked.

And real estate prices have halved so there's no way it could pay for itself even if the need was there and every square foot was sold/rented. AND Dubai is in $80 billion dollars of debt.

wjfox2004 · #**294** Posted **Dec 14, 2009, 10:06 PM**

Quote:

Originally Posted by TANGELD_SLC

This project is most definitely going to be dead. 1: it's extravagantly expensive. 2: there's no "need" for it to be built. 3: Nakheel's bankrupt. 4: Sheik Mohammed has already fulfilled his dream of building the tallest structure on earth in his emirate. His ego is sufficiently padded, I'm sure.

Exactly...

OneWorldTradeCenter · #**295** Posted **Dec 15, 2009, 7:21 PM**

Today I read that the project has been cancelled, says Wikipedia. As well as CTBUH deleted this building on it´s "on-hold" tallest list.