Tuesday, May 27, 2008

Al Barakah real estate group to build tallest tower in Ajman

Manara Ajman
The Dubai-based Al Barakah real estate group, which has made its strong presence felt in all segments of real estate sector, and which currently holds a project portfolio of more than Dh.8billion, has now announced the launch of 'Manara Ajman', which is likely to be the tallest tower in Ajman.

The 95-storey tower will be a part of Dh.4bn mixed-use development in Marmooka City, being developed by Al Barakah group. Although, the exact height of the tower is yet to be revealed, Manara Ajman, adds an interesting vertical dimension to Ajman's skyline.

Manara Ajman, known as 'Lighthouse of Ajman' in Arabic, will be a part of the large multi-storeyed project -The Crest. The Crest comprises freehold commercial, residential and retail segments along with modern entertainment, lifestyle, leisure and fine dining opportunities.

The CEO of Al Barakah, Imran Khan, said "The Crest is the most ambitious project that Al Barakah has ever done till date. It is an iconic development that renders Ajman with its first tallest tower ever. Manara Ajman adds a distinct advantage to the project, and is ideally positioned as the gateway to Markmooka City."

Manara Ajman, the 6 million square feet development will include four other towers - the Burj Regal, the Burj Royale, the Burj Monarch and the Burj Regent. The Burj Regent and Burj Monarch will share a common podium, incorporating diverse retail opportunities that spreads across more than one million square feet of area, with a dedicated car parking for the retail sector.

Designed by Primatec International, the project is scheduled to be complete by 2012.

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