Dubai Consumer Mirror

Saturday, April 26, 2008

The Guardian disses Palm Jumeirah

Multimillion-pound villas have been squeezed together "like Coronation Street", air-conditioning bills are hitting £800 a month and persistent snags have led some to joke it is more "eighth blunder" than "eighth wonder".


Here is the deal: Everyone I know who lives there, owns at least 3 or 4 houses, consider their crib on the Palm like a get-away home only and £800 is like loose change to them.

Doesn't seem like many "Palm Pioneers" are gonna care about what the Guardian thinks about it.

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7 Comments:

  • Mo, it is a critic's job to be, well, bitterly critical. This is what they're paid to do.

    Regardless, there are some fallacies in the article, namely sampling out four people with a 1:3 happy:nonhappy ration to represent all tenants most of which haven't moved in yet.

    Throwing in the laborer's melodrama to get sympathy out of the readers is unnecessary. Palm Jumeria isn't sponsored by UNICEF and the target consumers is pretty obvious.

    By Blogger KJ, at April 27, 2008 at 8:57 AM  

  • I like your analogy KJ... Dubai is becoming like the rich kid in class that everyone loves to hate.

    By Blogger moryarti, at April 27, 2008 at 11:28 PM  

  • press always run sensational stories just to attract readers..

    By Anonymous Anonymous, at April 28, 2008 at 4:51 PM  

  • Valid points raised by both the Guardian and Mr Moryarti :-)

    KJ has a point as well.

    Man.. this is such a pointy world we live in...

    By Blogger BuJ, at May 2, 2008 at 11:48 AM  

  • You know people who live on the Palm?

    By Blogger A Yahya, at May 13, 2008 at 3:39 PM  

  • I know 4 people who have moved into their 'mansions' on the palm. They are all blissfully happy and keep telling me to shutup about our iminent earthquake that will wipe them off the map.....But, I would not like to live there. Way to cramped. I like my open air desert.

    By Blogger CG, at May 31, 2008 at 4:35 PM  

  • Well I wouldn't say anyone would be unhappy and nor would I agree with a coronation street packing, but from an investment and price expectation perspective the average rate now is 30 to 70 million dirhams for a 1100 m2 signature baby! That's 8 million dollars minimum.

    Don't know about you but a freakin' 5 acre Mediterranean mansion on the Spanish Andalusia coast, a huge 22 room Austrian Castle, or a celebrity mansion in Beverly Hills, Malibu, or Boston costing less than half of that price makes me say it out loud: You buy in that blunder at such prices, you're a total tool!

    By Blogger Dubai Warrior, at June 18, 2008 at 3:59 AM  

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