Monday, April 18, 2011

Al Mazaya delivers Business Avenue Towers units at Jumeirah Lakes

One of the largest real estate companies in the region, Al Mazaya Holding, is now handing over residential units of its Business Avenue Towers in Jumeirah Lakes, Dubai, it has been revealed. The units are being delivered to owners, following sale of two towers in the three-towered project. While 70% of the project has been sold, the company is in the process of leasing and selling the third tower.

The CEO of Al Mazaya-Dubai operations, Eng. Naif Al Awadi, when speaking about the Business Avenue Towers, said that the towers have been mainly designed to include the best in smart technology and communications, and forms a part of an integrated system that offers the highest level of state-of-the-art services. Further, the project is located at an area that is subject to Dubai's freezone laws, permitting the business sector to establish various firms that can meet its requirements.

The Third Tower will be considered for long-term investment, by management through a rental system, said Al Awadi.

Al Mazaya has already appointed a professional special services company to manage its services at Business Avenue Towers, and a Building Director to obtain approvals from official bodies when necessary.

Located at Dubai's Jumeirah Lakes, the Business Avenue is mainly meant for commercial use. The project comprises three towers with 45 storeys each, linked to a four-storey commercial center with premium retail spaces.

1 comment:

Dubai Properties said...

According to this article, Al Mazaya strategy about business is very strange because this company is already working on different projects in Abu Dhabi and Kuwait.