01 December, 2011

Shoreline Beach Clubs

The last few weeks has seen a bit of a spat occur over the access of the Beach clubs at the Shoreline Apartments.
The basic background is that the beach and gyms were easily accessible by both residents and outsiders with the beaches becoming a little crowded.That was acceptable by Nakheel at first as it made sense to attract people who would use the restaurants and bars which they also run.
Over the past few years there have been several 'half hearted' efforts to tighten security and restrict access to owners and their guests but these have always slipped back into fairly free access.
The general consensus I believe would be that most people think the shoreline beach is a lovely stretch of sand but has always been a bit sub standard in the way it is run. The loungers are broken and in need of more with the pools suffering from temperature control problems, toilets are often broken etc etc. With some investment it is a beautiful beach that should enhance the shoreline apartments and help keep them attractive as an investment and a great place to live. In all aspects of property or asset management it is important that a program of maintenace is set out and then cosistantly implemented. Without a professional maintenace program the asset will deteriorate quickly. This, in all honesty, has been the problem on the shorelines so I actually support any initiative that will help upgrade the facilities and provide a program that will ensure that the asset is maintained in the future.
I have always said that the uniqueness of the shorelines is the actual beach and club houses and that is the one thing that will enhance the capital value of the development.
Tiara and Oceana have both started to charge non residents for access with varying success. You would think that some research on these two developments would help Nakheel come up with a solution that was nearer to a working model that benefitted them economically and the owners practically.
The past few weeks has proven that not a lot of research was done as the system introduced has caused such an uproar that the owners association has successfully lobied RERA who have agreed to look into the issue and make a ruling. In the meantime Nakheel have had to 'back pedal' and revert back to the original access procedure.
We await the 15th December with anticipation as this will be important for the Shoreline residents but also all owners associations across Dubai as we will see how RERA deal with governemnt bodies( Nakheel) and hopefuly act in a logical way that supports the legal sale andpurchase agreement and good old fashioned common sense

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