Friday, July 24, 2009

Burooj's Al Gurm Gardens villas completed within 7 months

Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank (ADIB), a master developer of mega projects in the UAE and the region, has been successful in the launch, execution and completion of Al Gurm Gardens villas at Al Reem Island, adjacent to Abu Dhabi International Airport and Khalifa Park.

The project includes 80 villas located at a strategic location, covering a total floor space of nearly 285000 square feet. Launched in January this year, the company completed the construction within seven months. The finishing works of the villas are now in progress, and the company has confirmed handover of the units by end of this year.

According to the Managing Director of the Boorj Properties, Adel Ahmed Al Zarouni, the achievement at Al Gurm Gardens is a testament to the fact that risks can be avoided by adopting strategic planning, irrespective of the market conditions.

Several factors needs to be taken into account before investing into any region in the world, the most important being the investment location. Abu Dhabi has been chosen as the ideal location for this project, as it is the destination of choice for property investments due to the visionary urban development plans adopted by the government, Al Zarouni said.

The post-crisis property market is very different from that of pre-crisis period, as the current focus of the developer is on the end-user, who seeks safe, healthy and environment-friendly home, apart from an innovative design and architecture. All these features have been met in this project, he pointed out.

The Dh.500mn Al Gurm Gardens comprises villas, with smart building features incorporated, including touch button for lights, air-conditioning and security, and round-the-clock concierge services, CCTV monitoring of public areas, other additional modern amenities such as a gymnasium, swimming pool, health club, children play area, multi-purpose playground, and a private garden for each stand-alone villa. The project includes spacious green areas with multiple choices of entertainment.

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