Durar 1 residential twin tower unveiled in Dubailand
Monday, July 07, 2008
Durar Properties, a UAE-based developer, together with Abu Dhabi-based 'Ali and Sons' and other Saudi groups, has launched its first joint venture residential project, Durar 1 twin tower, worth Dh.250mn in Dubailand.
Spreading across 63,000 Square Feet, Durar 1 is a 19-storey twin tower development at Residence Complex in Dubailand. Comprising 236 units of single, double and triple bedroom apartments, the prices begin from Dh.1050 per Square Foot to Dh.1175 per Square foot on the 19th floor.
Ideally located at the region's largest tourism, leisure, entertainment and lifestyle destination, Dubailand, Durar 1 promises the ultimate in contemporary living.
The tower has been designed as a family-friendly development, which is evident when one glances at the positioning of its facilities and the comfort and security that it offers to the homeowners. Several financing options too are on the offer to ensure total satisfaction and reassurance to customers, said Miqdadi, the General Manager, Durar Properties.
Durar 1 is a freehold real estate project in Dubai, and includes sky gardens, temperature-controlled roof-top pools, high-speed elevators, reception lobby, sauna and steam rooms, gymnasium rooms, round-the-clock concierge facilities, children play area and nursery, excellent communication amenities and ample parking space.
The General Manager of Durar Properties, Mohammad Miqdadi, said the company is planning for Durar 2 and Durar 3.
Durar 2 will be a commercial building in Jumeirah Village, and will be launched during the next three months. Durar 2 is worth around Dh.190mn to Dh.200mn. The construction of Durar 3 will commence in the next two to three months time and will take 22 months for completion.
Construction of Durar 1 commenced in May 2008 and is due to be completed in December 2009.
To further enhance its portfolio, Durar Properties has entered into a partnership with Ali and Sons, and Durar 1 is the result of this collaboration. Durar Al Emarat Properties will operate and manage properties, apart from purchase and sale of land, property maintenance, property leasing, carrying on feasibility study as and when required.
Construction of Durar 1 commenced in May 2008 and is due to be completed in December 2009.
To further enhance its portfolio, Durar Properties has entered into a partnership with Ali and Sons, and Durar 1 is the result of this collaboration. Durar Al Emarat Properties will operate and manage properties, apart from purchase and sale of land, property maintenance, property leasing, carrying on feasibility study as and when required.
Labels: Apartments, Dubailand, Freehold Property, Residential
Dubai houses world's first revolving 'Dynamic Tower'
Saturday, June 28, 2008
Dubai now houses the world's first revolving, pre-fabricated tower, worth $3billion, designed by the Italian Architect, David Fisher. The 'Dynamic Tower' comprising 80 storey will be 420 meters tall.
Located on Shaikh Zayed Road, the Dynamic Tower will spread across an area of 1.2million Square Feet. The tower is said to have a central core for lifts, and there are lifts particularly for cars, hence it is possible for residents to drive into their apartments.
The Dynamic Tower is a slender, rotating skyscraper, with its luxury apartments being energy-self-sufficient. The tower offers endless design possibilities, with each floor rotating independently so as to form a building that constantly changes shape, and results in a unique, ever-evolving structure. Each rotating floor will have horizontal wind turbines, so that the towers can generate sufficient energy to power the other five towers of same size.
The tower will be pre-fabricated with parts made in Italy, and the time will be considerably reduced.
Fisher says "It takes only six days for completion of one floor, as against six weeks taken to complete a floor of traditional building."
It has been estimated that it will take about 20 months for completing the Dynamic Tower. It is said that a similar tower is also being planned at Moscow, followed by New York.
Social BookmarkingLocated on Shaikh Zayed Road, the Dynamic Tower will spread across an area of 1.2million Square Feet. The tower is said to have a central core for lifts, and there are lifts particularly for cars, hence it is possible for residents to drive into their apartments.
The Dynamic Tower is a slender, rotating skyscraper, with its luxury apartments being energy-self-sufficient. The tower offers endless design possibilities, with each floor rotating independently so as to form a building that constantly changes shape, and results in a unique, ever-evolving structure. Each rotating floor will have horizontal wind turbines, so that the towers can generate sufficient energy to power the other five towers of same size.
The tower will be pre-fabricated with parts made in Italy, and the time will be considerably reduced.
Fisher says "It takes only six days for completion of one floor, as against six weeks taken to complete a floor of traditional building."
It has been estimated that it will take about 20 months for completing the Dynamic Tower. It is said that a similar tower is also being planned at Moscow, followed by New York.
Labels: Apartments, Latest News, Luxury Homes
Triple Towers - a Dh 500mn project launched in Ajman
Saturday, June 21, 2008
An Abu Dhabi-based developer, Saleh Amer Al Katheeri, together with International Capital Trust (ICT), the German investors, have launched a Dh.500mn project - Triple Towers at Park View development in Ajman.
Being a cluster of three towers, it includes 1160 units comprising studio, single, and double bedroom apartments, spread across a built-up area of 65,400 square meters.
The Chairman of High Sky Properties, Saleh Amer Al Katheeri, said "These are being offered at a pre-launch price of Dh.465 to Dh.480 per square feet, which is an attractive option for investors. The total value of the project exceeds Dh.500million. We see strong investor response for these projects."
The construction of the development is likely to begin in August and will be ready by end of 2010.
High Sky plans to launch a 120-plot residential community in Ajman within next five years, and is aiming a portfolio of more than Dh.37billion ($10billion).
In the meanwhile, there is increasing concern about the shortage of power supply on completion of the buildings. But, Katheeri has assured that the government has promised a steady power supply, and in case of any shortage, a generator will be installed to power the buildings.
Located just thirty minutes from Dubai, it is easily accessible to Dubai Media City, Dubailand, and Dubai Internet City. Residents can have an easy access to major roads such as the Emirates road and Sheikh Zayed Road.
ICT is a new German investment house established for conception and marketing of closed-end funds and leading investment vehicles. High Sky Properties is a local developer, which brings in affordable apartments to expatriate population.
Labels: Ajman, Apartments, Residential
ICD unveils new iconic 36-storey mixed-use development One Za'abeel
Sunday, June 15, 2008
Investment Corporation of Dubai (ICD) has launched an iconic 36-storey mixed-use development One Za'abeel at the World Trade Center roundabout.
One Za'abeel has been rightly named, as it is strategic ally positioned between the old and new business districts in the Sheikh Zayed Road of Dubai. Comprising three separate towers, One Za'abeel will be interlinked at the top, and will share a common podium at the base. It is for the first time in the region that a highway will run through the development. One Za'abeel will offer easy access to both Metro stations.
The retail area, covering 270,000 square feet, will have a retail podium that connects the three towers at the ground level. One Zaabeel will have a car parking space for 2300 cars.
Construction of the project is likely to begin shortly and will be complete during early 2011. Due to its prime location on the Sheikh Zayed road, One Za'abeel will turn out to be a symbol of Dubai's rich trading roots, and will rapidly rise to be a modern international financial and business hub. One Za'abeel is planned such that it turns out to be an environment-friendly project, abiding by the green buildings initiative launched by Sheikh Mohammed Bin Rashid Al Maktoum, the Vice President and Prime Minister of UAE and ruler of Dubai.
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One Za'abeel has been rightly named, as it is strategic ally positioned between the old and new business districts in the Sheikh Zayed Road of Dubai. Comprising three separate towers, One Za'abeel will be interlinked at the top, and will share a common podium at the base. It is for the first time in the region that a highway will run through the development. One Za'abeel will offer easy access to both Metro stations.
The unique residential tower will include 450 apartments, a 370-room five-star hotel tower, and a commercial tower covering 500,000 square feet of space. The commercial tower too, will be interlinked at the top with 133 serviced apartments, and will feature a swimming pool, meeting rooms and other amenities making it an ideal hub for Dubai's business community.
The retail area, covering 270,000 square feet, will have a retail podium that connects the three towers at the ground level. One Zaabeel will have a car parking space for 2300 cars.
Construction of the project is likely to begin shortly and will be complete during early 2011. Due to its prime location on the Sheikh Zayed road, One Za'abeel will turn out to be a symbol of Dubai's rich trading roots, and will rapidly rise to be a modern international financial and business hub. One Za'abeel is planned such that it turns out to be an environment-friendly project, abiding by the green buildings initiative launched by Sheikh Mohammed Bin Rashid Al Maktoum, the Vice President and Prime Minister of UAE and ruler of Dubai.
Labels: Apartments, Business Tower, New Developments
Sunland Group unveils Nur - a boutique residential tower
Saturday, May 31, 2008
The Sunland Group, a Dubai-based realty developer, has announced plans to unveil 'Nur', a Dh.725m, 27-storey completely furnished boutique residential tower, at Dubai's Culture Village. Being Sunland's third project, this project raises Sunland's portfolio to more than Dh.13bn.
'Nur', which implies 'light' in Arabic, follows the success of the company's earlier developments, D1 and Palazzo Versace, also in Culture Village.
The project is launched through joint-venture with London's Peacock Ventures Limited, and comprises 191 single and double bedroom apartments, two luxurious five bedroom penthouses, split at two levels. The sizes of the apartments vary from 767 square feet for a single bedroom apartment, to 1412 square feet for a double bedroom apartment, with additional private space for balcony.
The Founder and Managing Director of Sunland Group, Soheil Abedian, said "We have pre-sold about 70 percent of Nur, without any major marketing campaign, due to the cachet and quality of the apartments, the value for money, and the proven success track of the Sunland brand."
'Nur', which implies 'light' in Arabic, follows the success of the company's earlier developments, D1 and Palazzo Versace, also in Culture Village.
The project is launched through joint-venture with London's Peacock Ventures Limited, and comprises 191 single and double bedroom apartments, two luxurious five bedroom penthouses, split at two levels. The sizes of the apartments vary from 767 square feet for a single bedroom apartment, to 1412 square feet for a double bedroom apartment, with additional private space for balcony.
The Founder and Managing Director of Sunland Group, Soheil Abedian, said "We have pre-sold about 70 percent of Nur, without any major marketing campaign, due to the cachet and quality of the apartments, the value for money, and the proven success track of the Sunland brand."
Labels: Apartments, Cultural-Village, Penthouse, Residential
MAG 214 apartments at Jumeirah Lakes handed over to residents
Saturday, April 26, 2008
The Dubai-based real estate firm, MAG Group Property Development, has handed over the keys to residents of 306 apartments and penthouses at the MAG 214 building at Jumeirah Lakes Tower development on the Sheikh Zayed Road in Dubai.
MAG 214 is one of the several competitively budgeted buildings developed by the company to cater to the mid-range market, which is quite appealing to Dubai’s middle income families.
The 40 storey high-rise building tower with a structural height of 155mts, was completed in 2007, and comprises 312 apartments. Situated above Jumeirah Lakes, MAG 214 offers the lending edge of contemporary design to one of the most sought after residential developments in Dubai.
Each single, double and triple bedroom and penthouse apartment in the building is designed in a unique manner, allowing the resident's choice of living space to reflect their individual style. All apartments including the duplexes and penthouses are fitted with panoramic floor-to-ceiling windows. The landscaped gardens in the building include a swimming pool and children's pool.
The CEO of Mag Group Property Development, Mohammed Nimer, said "We excel in designing, finishing and customer satisfaction, and focus on delivering our promises."
Jumeirah Lakes Towers is a dynamic waterfront development with residential and office towers, apart from leisure, hotels and retail outlets.
MAG 214 is one of the several competitively budgeted buildings developed by the company to cater to the mid-range market, which is quite appealing to Dubai’s middle income families.
The 40 storey high-rise building tower with a structural height of 155mts, was completed in 2007, and comprises 312 apartments. Situated above Jumeirah Lakes, MAG 214 offers the lending edge of contemporary design to one of the most sought after residential developments in Dubai.
Each single, double and triple bedroom and penthouse apartment in the building is designed in a unique manner, allowing the resident's choice of living space to reflect their individual style. All apartments including the duplexes and penthouses are fitted with panoramic floor-to-ceiling windows. The landscaped gardens in the building include a swimming pool and children's pool.
The CEO of Mag Group Property Development, Mohammed Nimer, said "We excel in designing, finishing and customer satisfaction, and focus on delivering our promises."
Jumeirah Lakes Towers is a dynamic waterfront development with residential and office towers, apart from leisure, hotels and retail outlets.
Labels: Apartments, Jumeirah-Lake-Towers, Residential
GGICO launches Axis Residences Phase 2
Thursday, April 17, 2008
The Gulf General Investment Company (GGICO) a leading real estate and investment firm in Dubai has launched the second phase of its highly successful 'Axis Residences' at Dubai.
The Second Phase of Axis Residence towers boasts of high-level amenities, with all the towers featuring well-designed interiors, spacious balconies and terraces, apart from leisure packages which include pools, health clubs, gymnasiums, and open-air relaxation packages. Safety has been given the prime importance and the apartments are equipped with leading safety features including fire safety and alarm system, security system, smoke detection system and child-proof electrical switches. All the apartments are well-connected through intercom, and the MAT TV and satellite infrastructure offers world-class entertainment.
Leading real estate brokerage firm, Gowealthy.com, have been appointed as the leading sales agents to handle commercial sales and marketing of all the seven towers.
GIGCO has offered the investors with a tailor-made 7.5 year payment plan with initial booking deposit of 5% out of the value of the unit as the first installment, followed by another 5% of the value payable within 3 months of booking installments. The rest 90% is payable with equal 1% installments beginning October 2008, in 90 months time span.
The CEO of Gowealthy.com, Peter Penhall says "The initial payment plan during the first phase of the project was very successful with excellent draw for investors. The second phase of GGICO has again increased the bar, with their tailor made plan, which facilitates investors."
GGICO has a well-planned focused strategy for the future, and is poised to replicate its proven track record with successful master developments including Emirates Crown and Horizon Towers in Dubai Marina, Olympic Park in Dubai Sports City, first phase of Axis Residences due for completion towards end of 2008.
The first tower among the seven towers of this project is expected to be ready towards end of 2008, which further boosts the company’s commitment towards delivering an enhanced proposition with all its offerings.
Labels: Apartments
Iris launches its fourth project IRIS Asmar
Sunday, April 06, 2008
IRIS, the Dubai-based Indian property developer plans to boost its portfolio to Dh.5bn this year, through the launch of its latest project, 'IRIS Asmar', worth Dh.100million.
IRIS Asmar is a seven storey residential building in Cultural Village, which comprises eight triple-bedrooms and seven four bedroom apartments. This is the fourth project of the company in Dubai, which raises the current portfolio of the company to Dh.2.5bn.
'IRIS Asmar' is designed on the concept of Islamic Architecture, which will reflect the essence of Culture Village in terms of diversity and design, paying attention to detail. The tower symbolizes modern living, offering a panoramic view of Dubai. The special combination of privacy and space, coupled with exclusive finishes and unique synthesis of design and technology ensures that every apartment symbolizes perfection and a five-star lifestyle.
Located ideally in the heart of Culture Village, in close proximity to the Waterfront Canal, in close proximity to Dubai International Airport, Sheikh Zayed Road and Business Bay and Emirates Roads, the residents of IRIS Asmar get to enjoy paramount views of the waterfront development.
Among several other amenities at the complex, are high-speed internet facilities, ground floor retail space, advanced safety systems, high-speed elevators, 24-hour concierge, and access to Satellite Television, state-of-the-art fitness club, closed-circuit television, sauna, swimming pool, Jacuzzi, landscaped podium, and private parking spaces.
Each apartment within the property development feature private decorative latticed balconies, Arabian style gardens, rooftop swimming pools, and traditional Arabesque details with parapets and domes. The starting prices of apartments in Iris Asmar is Dh.2,835 per square foot, which is likely to go up to Dh.2,888 per square foot.
The Director, Iris Properties, Ashwin Sheth, says "With the fast-paced growth of the property market, the major concern is to find good contractors and consultants. Completion of project on time, is more challenging than selling the apartments."
He also revealed that two more projects are in pipeline, waiting to be launched this year. One is the launch of the development in Business Bay and Maritime City in April, which will increase the company's Dubai portfolio to Dh.5bn, spread across six projects, on four million square feet of land, including parking areas.
Labels: Apartments, Cultural-Village, New Developments, Residential
Mada'in Properties launches Dh.1.25bn Marina Arcade
Thursday, April 03, 2008
Mada'in Properties yesterday announced the launch of their Dh.1.25bn flagship project, Marina Arcade, at Dubai Marina, as an initiative to build a Dh.3bn portfolio in 2008.
The Marnia Arcade is a 60-storey tower, connected to a glass-roofed shopping arcade. Spreading across 950,125.68 square feet in area, it includes seven townhouses with Jacuzzis, and gardens on the Marina Arcade rooftop. It will include single, double, triple bedroom apartments, apart from duplexes and penthouses.
Among the other amenities are parking space capacity for 850 cars, a state-of-the-art gymnasium spread across three floors with each floor covering 38,000 square feet in area, a roof-top garden, jogging track, designer stores and cafes.
The project is expected to be complete by June 2011. The starting price of the apartments are Dh.2,050 per square feet from the sixth floor upwards.
The Marina Arcade is the first of the four projects, likely to be launched this year, with a combined value of Dh.3billion.
Abdul Aziz Al Awar, the Chief Executive Officer of Mada'in Properties, says "The Marina Arcade is an apt tribute to the vision of marina development, apart from Dubai's meteoric ambitions."
Labels: Apartments, Dubai Marina, Penthouse, Real Estate Projects
Nakheel's final Shoreline Apartments at Jumeirah released
Tuesday, March 11, 2008
Nakheel has announced the release of the final Shoreline Apartments, which could be the final opportunity to invest at The Palm Jumeirah.The apartments, which are located at the trunk of The Palm Jumeirah, are easily accessible to private beachfront clubhouses and are inclusive of amenities such as retail outlets, world-class fitness centers, swimming pools, direct access to white sandy beaches of the island.
The Trunk is connected by an innovative monorail system and houses numerous shopping destinations, hotels and cafes. The area is the core of activity with the entire 2500 Shoreline apartments already handed over. More than 1500 apartments have already been occupied by residents.
The five private beachfront clubhouses will be unveiled over the coming weeks.
The Director of Sales, Manal shaheen said, "This year will be a huge change for 'The Palm Jumeirah'. More than 2000 families are now residing on the island and more amenities are opening up at the development and it is no longer a concept."
Labels: Apartments, Nakheel, Palm Jumeirah
Triveni's La Fontana apartments launched in Dubai
Saturday, February 02, 2008
A new Dh.100mn worth La Fontana di Trevi apartments has been launched by Triveni Builders and Promoters Limited (TBPL) in Dubai.
The apartments, located in close proximity to the Arabian Ranches, just off the Emirates Road and Dubailand, is a six storey low-rise with state-of-the-art architecture. Being built in Chicago-style, with large "Chicago windows", these buildings possess distinctive bays, metal-frame construction and terra-cotta cladding. The stylish master-plan is expected to have a strong impact on the European, UK and US expats, who are more comfortable with the low-rises, the company mentioned in their statement.
Each apartment has the convenience of secure, covered parking, with modern fully equipped gym, walkways for the elderly, jogging tracks, and children's play area. Each floor is divided into twenty-one well-done apartments, comprising twelve single bedroom, three studios and six two bedroom apartments.
Being a part of Arjan Master Community, La Fontana includes schools, offices, residences, hotels, parks, retail and leisure. The complex is located within close proximity of the Mall of Emirates, the Diamond Park, Burj Al Arab Hotel, and is surrounded by retail and entertainment outlets, coffee shops, restaurants and parks.
The Chief Executive Officer of TBPL, Ashok Galgotia, said "We are proud to have contributed to the development of Dubai property sector, where there is an ever increasing demand for quality housing units and the La Fontana apartments that combines the latest architectural designs, with true definition of comfort and luxury, all in one, will bring about a tremendous change with an affordable option for quality living."
Mizin is the master developer of the project. Landmark projects such as the 'Dubai Eye', 'The Giant Dubai Wheel' etc., will be based in this community. The community will also house one of the largest "open air" amphitheatres for carrying out big events in Dubai.
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The apartments, located in close proximity to the Arabian Ranches, just off the Emirates Road and Dubailand, is a six storey low-rise with state-of-the-art architecture. Being built in Chicago-style, with large "Chicago windows", these buildings possess distinctive bays, metal-frame construction and terra-cotta cladding. The stylish master-plan is expected to have a strong impact on the European, UK and US expats, who are more comfortable with the low-rises, the company mentioned in their statement.Each apartment has the convenience of secure, covered parking, with modern fully equipped gym, walkways for the elderly, jogging tracks, and children's play area. Each floor is divided into twenty-one well-done apartments, comprising twelve single bedroom, three studios and six two bedroom apartments.
Being a part of Arjan Master Community, La Fontana includes schools, offices, residences, hotels, parks, retail and leisure. The complex is located within close proximity of the Mall of Emirates, the Diamond Park, Burj Al Arab Hotel, and is surrounded by retail and entertainment outlets, coffee shops, restaurants and parks.
The Chief Executive Officer of TBPL, Ashok Galgotia, said "We are proud to have contributed to the development of Dubai property sector, where there is an ever increasing demand for quality housing units and the La Fontana apartments that combines the latest architectural designs, with true definition of comfort and luxury, all in one, will bring about a tremendous change with an affordable option for quality living."
Mizin is the master developer of the project. Landmark projects such as the 'Dubai Eye', 'The Giant Dubai Wheel' etc., will be based in this community. The community will also house one of the largest "open air" amphitheatres for carrying out big events in Dubai.
Labels: Apartments, Community, Residential
Deyaar launches Dh1.5bn Bristol Towers at Business Bay
Saturday, January 19, 2008
One of the region's fastest growing real estate companies, Deyaar, yesterday, unveiled Bristol Towers, a Dh.1.5bn twin tower project in Business Bay.With the inclusion of Bristol Towers, Deyaar has about a dozen projects in Business Bay. The properties of Deyaar, are one of the most sought-after in the development.
The Chief Executive of Deyaar, Zack Shahin, said "Bristol Towers are the jewel of the collection. This project is amongst the largest and most well-designed undertakings in Business Bay with excellent facilities. The trust posed on us, by our customers has motivated us to constantly deliver our commitments of ensuring transparency, quality and timely deliveries. "
The project features a residential block (Bristol Residency) and a commercial block (Bristol Executive). Comprising 29 storeys, the towers feature a refreshingly beautiful exterior that resembles an open book. The project spreads across an area of 623,680 square feet of space, and offers ample parking space with more than 1300 parking units.
Bristol Residency comprises studio, single, double and triple bedroom apartments, with well-designed office space, along with a host of facilities, such as a podium level garden with an outdoor sitting area, state-of-the-art IT facilities and security systems.
Deyaar is a leading developer in Business Bay, with most of its projects almost sold out, which includes, Metropolis, The Citadel, 51@Business Bay, Burlington, Fairview Residency, Oxford Tower and such others. Most of the developments of the company are much in demand on the secondary market as well, drawing customers from UAE and overseas.
The Bristol Residency and Bristol Executive clients get to avail themselves of many finance schemes from leading banks such as First Gulf Bank, Tamweel, National Bank of Dubai, Dubai Islamic Bank and Abu Dhabi Commercial Bank.
Labels: Apartments, Business Bay, Business Tower, Deyaar, Real Estate Projects
Bavaria launches Sandoval Apartments; signs loan agreement with Mashreq
Tuesday, December 25, 2007
The German boutique developer, Bavaria Gulf, has announced the launch of first phase of 'Sandoval Apartments' at Jumeirah Village, which had earlier made its grand entry into Dubai realty sector through the launch of 'Sandoval Townhouses'.
The project will consist of 165 mid-range apartments with high-quality German precision, certified by TUeV, the most stringent and independent quality evaluators in the world. With seven G+4 buildings, Sandoval Apartments will include 57 studio apartments, 17 two bedroom apartments, 81 single bedroom units, and 10 special duplex apartments. These apartments, which range from 680 to 2700 Square feet, will be sold at a high value driven prick bracket.
The Managing Director of Bavaria, Raymond Lefevre, said "Our previous launch of Sandoval Townhouses, proved to be a real eye opener for us. Now, Sandoval Apartments follows suit, offering high-quality, yet, luxurious, functional and value-driven realty concepts."
Bavaria is also one of the first mid-segment realty developers in Dubai, to sign home loan agreement for all its future and existing projects with Mashreq, one of the largest private banks in the Middle East. The customers of Mashreq will benefit from customized home loan packages, apart from enjoying upto 90% on sales price for all existing and future Bavaria Gulf projects, with attractive interest rates for the next 25 years.
Mashreq will offer Bavaria customers with a variety of convenient financing options and attractive rates, apart from other benefits such as the lowest down payments, apart from providing them with the benefit of owning the property of their dreams.
Social BookmarkingThe project will consist of 165 mid-range apartments with high-quality German precision, certified by TUeV, the most stringent and independent quality evaluators in the world. With seven G+4 buildings, Sandoval Apartments will include 57 studio apartments, 17 two bedroom apartments, 81 single bedroom units, and 10 special duplex apartments. These apartments, which range from 680 to 2700 Square feet, will be sold at a high value driven prick bracket.
The Managing Director of Bavaria, Raymond Lefevre, said "Our previous launch of Sandoval Townhouses, proved to be a real eye opener for us. Now, Sandoval Apartments follows suit, offering high-quality, yet, luxurious, functional and value-driven realty concepts."
Bavaria is also one of the first mid-segment realty developers in Dubai, to sign home loan agreement for all its future and existing projects with Mashreq, one of the largest private banks in the Middle East. The customers of Mashreq will benefit from customized home loan packages, apart from enjoying upto 90% on sales price for all existing and future Bavaria Gulf projects, with attractive interest rates for the next 25 years.
Mashreq will offer Bavaria customers with a variety of convenient financing options and attractive rates, apart from other benefits such as the lowest down payments, apart from providing them with the benefit of owning the property of their dreams.
Labels: Apartments, Mortgages, New Developments
Mawarid Finance offers financing for The Centrium purchasers
Sunday, December 09, 2007
Mawarid Finance, a Dubai-based public joint stock company, specializing in Islamic Finance, have entered into a partnership agreement with ETA Star, for providing finance to purchasers of units in 'The Centrium' at International Media Production Zone (IMPZ) in Dubai. Potential buyers can get up to 95% finance, and will have to pay installments after moving into their apartments.
The 'Centrium' in Dubai, comprises of four towers, interlinked to each other by bridges and with common facilities in a spacious garden setting. The apartments are available in configurations of single, double and triple bedroom apartments with latest hi-tech amenities.
The Chief Executive of Mawarid Finance, Mohammed Al Neaimi, said that the financing of the 'Centrium' units is based on Ijara principle, with an undertaking to transfer title on fulfillment of buyer's contractual commitments.
Labels: Apartments, Mortgages
Al Madar launches Dh300m Siraj Tower
Monday, November 19, 2007
A leading GCC property developer, Al Madar Property Investments, which is also a part of the Al Madar Group, has announced the launch of its Siraj Tower, worth Dh.300m, located at Arjan, Dubailand.
The thirty storey residential tower comprises a studio, single, double and triple bedroom apartments, and houses world-class amenities, presenting an ultra-luxurious residential offering to its investors.
The design of Siraj Tower draws inspiration from Roman and Spanish architecture. According to the Managing Director of Al Madar Group, Haider Abdula Reda Mashhadi, the Siraj Tower, with its attractive design, interiors and amenities, is the most sought-after residential projects in Dubailand.
The tower has a Homenet system that offers additional lifestyle and security facilities for easy living and better access and control.
The construction of the tower will begin during May 2008 and will be complete by mid-2010.
Al Madar, since its launch in Qatar during 1992, has grown to be a premier business house in Gulf, and has established its presence in various sectors including, engineering, real estate, contracting, trading and manufacturing.
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The thirty storey residential tower comprises a studio, single, double and triple bedroom apartments, and houses world-class amenities, presenting an ultra-luxurious residential offering to its investors.The design of Siraj Tower draws inspiration from Roman and Spanish architecture. According to the Managing Director of Al Madar Group, Haider Abdula Reda Mashhadi, the Siraj Tower, with its attractive design, interiors and amenities, is the most sought-after residential projects in Dubailand.
The tower has a Homenet system that offers additional lifestyle and security facilities for easy living and better access and control.
The construction of the tower will begin during May 2008 and will be complete by mid-2010.
Al Madar, since its launch in Qatar during 1992, has grown to be a premier business house in Gulf, and has established its presence in various sectors including, engineering, real estate, contracting, trading and manufacturing.
Labels: Apartments, Dubailand, New Developments, Residential
The Views - community for young professionals and families
Sunday, November 18, 2007
The Views, is another Emaar project, strategically located next to The Greens. It focuses on spacious and comfortable living at an affordable price. The views are so designed, that they offer eye-catching views of the prestigious Emirates Golf Club and the surrounding waterways. With a high-quality finish, most properties of The Views are already complete, while other sub-developments too will soon be completed.
Designed to be a master-planned community for young professionals and families, The Views, are a spacious community with all the necessary amenities that one would look for to be self-contained. The picturesque views that the development offers is a strong selling point. Emaar also offers a wide range of high-rises and low-rises, apart from Riviera-inspired townhouses within the development for the residents to choose from.
With studios, single, double and triple bedroom apartments to choose from, The Views are just the right choice for those looking at high-quality living and convenience.
Designed to be a master-planned community for young professionals and families, The Views, are a spacious community with all the necessary amenities that one would look for to be self-contained. The picturesque views that the development offers is a strong selling point. Emaar also offers a wide range of high-rises and low-rises, apart from Riviera-inspired townhouses within the development for the residents to choose from.
The other features that make up The Views community are The Fairways, Arno, Golf Tower, Travo, Turia, Links and Una. Other amenities include gyms, sport courts, swimming pools, underground covered parking, play areas, shopping areas, parks, barbeque areas, and 24 hours security.The Views are located in close proximity to the Sheikh Zayed Road, with Dubai Media City, shopping malls, beaches, and five star hotels positioned only short distance away.
With studios, single, double and triple bedroom apartments to choose from, The Views are just the right choice for those looking at high-quality living and convenience.
Labels: Apartments, Community, Emmar, Residential, Townhouses
Nagarjuna Construction forays into Dubai Realty market with Dh.1.5bn NCC Harmony
A leading Indian construction conglomerate, NCC Urban Infrastructure Limited, a subsidiary of NCCL (Nagarjuna Construction Company Limited), has launched a Dh.1.5bn freehold mixed-use development at DuBio-ech (Dubai Biotechnology and Research Park).
The twin tower project, NCC Harmony, covering 2.3million square feet of built-up area at the DuBiotech free-zone is the first project by the company in Dubai. The development is located in the heart of New Dubai, adjacent to Dubailand, Arabian Ranches and major shopping centers.
NCC Harmony comprises two 32 storey towers with one residential and one hotel apartment, comprising single and double bedrooms, and studios.
NCC Harmony is supported by NCCL, an ISO 9001-14001-18001 certified Group, rated as 'Best Under Billion' by Forbes Asia, in Asia Pacific during 2005. The Group has an annual turnover of Dh.3billion, and is the largest construction groups in India.
The construction works of NCC Harmony has been handed over to Dutch Foundation and Concrete Processing Co. LLC with the excavation, piling and shoring works already commenced.
The development is slated for completion by May 2010.
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The twin tower project, NCC Harmony, covering 2.3million square feet of built-up area at the DuBiotech free-zone is the first project by the company in Dubai. The development is located in the heart of New Dubai, adjacent to Dubailand, Arabian Ranches and major shopping centers.NCC Harmony comprises two 32 storey towers with one residential and one hotel apartment, comprising single and double bedrooms, and studios.
NCC Harmony is supported by NCCL, an ISO 9001-14001-18001 certified Group, rated as 'Best Under Billion' by Forbes Asia, in Asia Pacific during 2005. The Group has an annual turnover of Dh.3billion, and is the largest construction groups in India.
The construction works of NCC Harmony has been handed over to Dutch Foundation and Concrete Processing Co. LLC with the excavation, piling and shoring works already commenced.
The development is slated for completion by May 2010.
Labels: Apartments, DuBiotech, New Developments, New Hotels, New-Dubai, Residential
Uptown Midriff freehold residential development
Saturday, November 03, 2007
The 23 hectare freehold residential development, Uptown, is a one of a kind development in the heart of the busy and popular Midrif area, with a shopping district and neighbourhood atmosphere, all in one place. Residents are placed with a wide choice of apartments, townhouses and villas to choose from, all of which are completed, apart from about 350,000 square feet of retail shopping space.
Uptown provides the right environment for small families with a choice of three bedroom town houses and row houses, surrounded by quiet streets and gardens. With the Commons recreational center, clubhouse, swimming pool, children play areas and seating areas and a gym that surrounds the environment, residents can easily keep themselves occupied.
The apartments are of four different types - the Terrace and Garden apartments with two bedrooms, offering outdoor space of living in a villa, and Gate and Courtyard apartments that comprise studios, single and double bedroom apartments.
The retail area offers much more for residents to enjoy, apart from the numerous amenities that are available. A covered porch which leads to open-style walkways, restaurants, shops, cafes, medical center, supermarket, cinemas and amusement areas, and a family food court, all in a relaxed environment for one and all to enjoy. Life in Uptown Mirdiff is all about comfortable and safe living, amidst a wealth of amenities in a neighbourhood that is full of activities, with the residents enjoying life to the fullest.
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Uptown provides the right environment for small families with a choice of three bedroom town houses and row houses, surrounded by quiet streets and gardens. With the Commons recreational center, clubhouse, swimming pool, children play areas and seating areas and a gym that surrounds the environment, residents can easily keep themselves occupied.
The apartments are of four different types - the Terrace and Garden apartments with two bedrooms, offering outdoor space of living in a villa, and Gate and Courtyard apartments that comprise studios, single and double bedroom apartments.
The retail area offers much more for residents to enjoy, apart from the numerous amenities that are available. A covered porch which leads to open-style walkways, restaurants, shops, cafes, medical center, supermarket, cinemas and amusement areas, and a family food court, all in a relaxed environment for one and all to enjoy. Life in Uptown Mirdiff is all about comfortable and safe living, amidst a wealth of amenities in a neighbourhood that is full of activities, with the residents enjoying life to the fullest.
Labels: Apartments, Freehold Property, Mirdiff, Villa Projects
Work commences on HDS Sunstar Tower
Thursday, November 01, 2007
The construction of the second tower of HDS Sunstar Towers commenced yesterday in Dubai International City soon by joint efforts of the Cinnovation and the HDS Groups.
The multi-dimensional conglomerate, the Cinnovation Group holds a global reputation in a number of other sectors too, apart from real estate, while the HDS Group have established themselves as major players in the property industry.
The multi-dimensional conglomerate, the Cinnovation Group holds a global reputation in a number of other sectors too, apart from real estate, while the HDS Group have established themselves as major players in the property industry.