Sunday, February 04, 2007

Marina Project of UAQ reaches Second Phase

It has been said that Emaar is presenting three to four bedroom villas in a two storey for Dh.2.04 million during the phase 2 of Umm Al Quwain Marina, at the Mistral Community.

Umm Al Quwain Marina is basically a joint venture between the Governments of Emaar Middle East and Umm Al Quwain, which is likely to launch the second phase soon.

The Mistral Community consists of a spectrum of Portuguese and Spanish style villas. The sizes of three and four bedroom villas of the two storey range from 3,458 Sq. Ft to 4,311 Sq. Ft.

Ahmad Al Matroushi, Managing Director of Emaar Properties for UAE and the member of Board of Directors for Emaar Middle East, mentioned that the investor response has been encouraging and that the launching of the second phase might take place earlier than scheduled. He also mentioned that the potential investors can visit the Sales Center of Umm Al Quwain for gathering more details on the villas and to get an overview of the project. He added that the wonderful response received during the first sale of the project is a clear indication of the faith of the home-owners in the project.

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