Are you a resident living on the Palm Jumeirah in the Shoreline?
Nakheel has announced that residents that live on the Palm Jumeirah will be charged up to 5,000 dirham per year for access the beach clubs.
It was mentioned over the last few months that Nakheel were looking to take these steps however, did anybody really believe that this would happen? We know Nakheel is strapped for cash but is this necessary?
The outlook looks grim for the tenants on the Palm, pay for access to the gymnasium, swimming pool and private beach… Will this take away the reasons to pay the extra to live on the Palm?
Details have been presented to the residents meeting group and have not been finalised however it is expected that an announcement will take place within a week.
Nakheel, one of the largest Dubai Property developers in Dubai are also looking to charge non residence up to 12,000 dirham per year to use the facilities as they feel this would help subsidise the resident’s fees.
Apparently this is applicable to people living in the Shoreline project and a family membership is understood to be 5,000 dirham and will give full access to the beach club.
With all this said it is still no clear whether Nakheel has received approval from RERA (Real Estate Regulatory Authority) so that they can go ahead with the privatisation of the shoreline’s beach club.
Nakheel, a government owned developer is still in dispute with the owners of the properties in the Shoreline as to who has the rights the beach clubs, this has led to the owners receiving separate bills for maintenance and the facilities at the beach clubs.
RERA and Nakheel declined to comment.
Many homeowners in the Shoreline have rightly lodged complaints as they believe that they were sold the properties with the understanding that they had free access to the facilities such as pools, gyms and beach.
“Many tenants and owners alike are questioning whether they will be able to get the beach access when renting a property in the Shoreline. With the appeal of the Palm Jumeirah quite obvious I really wonder how this will affect the quality of living for many tenants. The Shoreline has always dictated a higher rental price as tenants have access to the facilities, now it looks like the rental figure will go up by an extra 5,000 dirham’s. I think that owners of the Shoreline apartments firstly need to check there Sales and Purchase agreements and see if this were mentioned at the time of purchase” says one tenant in Shoreline.