Credo announces completion of Le Solarium in Dubai Silicon Oasis
Sunday, July 13, 2008
Labels: Business Tower, Dubai Silicon Oasis
Mada'in announces first commercial venture 'The Domain'
Monday, July 07, 2008

Spreading across a land area of 7.2million square meters, with a built-up area of 303,159 square feet, The Domain is an integral part of series of projects to be launched by the company during the course of the year.
The Prices of the tower begin with Dh.1650 per square foot. Conveniently located in the Dubai Silicon Oasis, The Domain is easily accessible from the Dubai International Airport, Sheikh Zayed Road, the City Center, Al Khail Road and Emirates Road.
The Domain, located within a rich corporate ambience, is best suited for multinational companies, and includes a series of impressive facilities with 647 parking spaces, state-of-the-art gymnasium, swimming pools, restaurants, retail outlets and cafes. The fifth floor of the tower will feature a garden spreading across 18,348 square feet. The offices within The Domain will be equipped with smart office software, for better convenience of its occupants.
The Chief Operating Officer of Mada'in Properties, Kieron O'Connor revealed the plans of the company to launch few more projects, with a total value of nearly Dh.3billion, in Gulf this year.
"With this architectural wonder, we offer multinational companies with an ideal platform for conducting their businesses. Just as all our other properties, The Domain, too, will include the same aesthetic elements and sophistication that Mada’in has been known for," said Abdul Aziz Al Awar, the CEO of Mada'in Properties.
The development is due for completion in 2010. Mada'in had recently announced a Dh.1.25bn development, Marina Arcade in Dubai Marina.
At present, out of about 65 projects being developed in Dubai Silicon Oasis, 40 percent are commercial.
Labels: Commercial Property, Dubai Silicon Oasis
SIT Tower -new hitech commercial destination at Dubai Silicon Oasis
Thursday, June 19, 2008
Labels: Commercial Property, Dubai Silicon Oasis, Freehold Property
Memon awards Dh.40.35m Cambridge contract to Cairo Group
Wednesday, March 19, 2008
Labels: Business Tower, Construction Projects, Dubai Silicon Oasis
Earth Developers launches Atrium Gold Towers in Dubai Silicon Oasis
Sunday, March 16, 2008
Atrium Gold Towers are exclusive mixed-use towers comprising three unique towers of 14 storeys - the Atrium Gold Business Tower, Atrium Gold Residency Tower and the Atrium Gold Executive. The tastefully designed homes of the towers offer the most rejuvenating lifestyle in a perfect business ambience provided by its business units.
This Dubai realty project is surrounded by business and comprehensive community facilities such as playgrounds, hotels, hospitals, schools and the community center, apart from state-of-the-art health club with Jacuzzi, spa, swimming pool, parking space and 24 hour security. The development has two floors of shopping arcade that provides the best brands and food courts.
The Managing Director of Earth Developers, Hadi Ebrahim Al Abbas, during the occasion of the launch ceremony held at the Jumeirah Beach Hotel, said "The Atrium Gold Project is a new-age concept that offers all comforts needed for a futuristic lifestyle."
The launch of Atrium Gold Towers, by Earth Developers, together with Dubai Silicon Oasis, marks their second major project, the first being, 'The Lynx'.
Labels: Dubai Silicon Oasis
Construction of La Vista Residence project assigned
Sunday, March 02, 2008
Al Qandeel Contracting Company and Zahrat Al Safa Construction Company, has together won the combined contract, worth Dh.250million. The work on the residential property development is likely to commence in March this year.

Comprising seven residential buildings, with each being eight storeys high, the La Vista Residence Project, offers a total 832 residential units. The work on the first five buildings will be undertaken by Zahrat Al Safa Construction Company, while the work on the remaining two will be undertaken by Al Qandeel Contracting Company.
The project spreads over a built-up area of 943,000 square feet, covering 290,000 square feet of land. The project, which is likely to be complete by August 2009, offers a studio, single and double bedroom apartments, and is a pure family-oriented community with good schools and shopping malls in the neighbourhood. Other amenities include swimming pool, party hall, gymnasium, sauna and Jacuzzi kids pool, apart from 24 hours security and covered car parking for 860 vehicles.
Located in Dubai Silicon Oasis, in close proximity to the New Ring Road, Emirates Road and Dubailand and Academic City, more than 75 percent of the units have already been sold, ever-since the launch of the project, which happened in May 2007. The prices per square feet have surged by 15 percent, following the launch.
Labels: Construction Projects, Dubai Silicon Oasis, New Contracts
German Business Park at Dubai Silicon Oasis
Monday, October 08, 2007
The German Business Park FZCO is a joint-venture between Bin Jabr Group of Abu Dhabi and Dubai Silicon Oasis Authority. The Dubai Silicon Oasis, where the project is likely to come up, is the premier integrated innovations hub in the region for high-tech industries.The German Business Park, worth Dh.750million, covering an area of 82,000 square meters, comprises a large three-level podium, bordered by two slender towers with twelve floors each, up to a height of 60 meters.
The Park will offer German companies with a business class hotel, commercial space for sale, serviced apartments, luxury retail and restaurant area, and underground parking space for about 1700 cars.
A part of the real estate development will also house the German Center Dubai, an exclusive business environment with networks, offices and other services initially established by Landesbank Baden-Wurttemberg (LBBW). The German Center aims to provide office space and comprehensive support to medium and small-sized German companies looking to establish their operations with Dubai as the base.
The General Manager and Managing Director of the German Business Park, Dagmar Abdelatif, said "We foresee German Business Park and German Center Dubai to form an effective platform for considerable business transactions for both German companies and the companies seeking to operate in the UAE. The development will also offer a lively and attractive environment for Dubai to enjoy the German hospitality and culture all under a single roof."
Dagmar revealed that the company plans to launch the project on 8th to 10th October 2007, at Expo Real in Munich, Germany. A special venue has been allotted to interact with German companies and the team of consultants of the group, so as to incorporate any suggestions into the final design of the German Business Park, to make it truly unique.
The Park has been scheduled for completion by late 2009.
Labels: Commercial Property, Dubai Silicon Oasis, New Developments, Office Space
Deyaar launches Dh.400m Saphire Residence
Saturday, June 23, 2007
Saphire Residence serves the rising demand for new affordable residential offerings in Dubai. It offers ninety one, two and three bedroom apartments.
The Deyaar Chief Executive Officer, Zack Shahin said "The project will enjoy an integrated community setting in an area that is likely to experience considerable growth in the near future."
Saphire Residence, comprising eight storey, scheduled for completion in 2008, will be the first, among four other buildings, that Deyaar plans to launch in Dubai Silicon Oasis. The Oasis is a 7.2 Sq. mt., master-planned community at the Emirates Road.
The Dubai Islamic Bank will offer their finance scheme, wherein no due will be required to be paid before the end of the construction. The launch is closely followed by the sale of a number of residential and commercial projects of Deyaar at the Business Bay.
The net profit of Deyaar has risen from Dh.5m during 2003 to Dh. 73m in 2004, Dh.141m in 2005 and Dh.412m in 2006. Deyaar's recent share sale was also several times oversubscribed.
Labels: Deyaar, Dubai Silicon Oasis, New Developments, Real Estate Projects
Dh.400million La Vista Residence unveiled
Friday, May 25, 2007
On approval, the investors will be able to make use of the financing option from the Emirates Islamic Bank and the financial branch of Mashreq Bank, Badr Al Islami, wherein hundred percent financing will be provided without any down payments and mortgage payments, once the investors move into their apartments.
La Vista comprises seven residential buildings, each comprising eight storey, and a total of 832 residential units. This includes a studio, single and double bedroom apartments, all of which is located in the prime area of DSO.
The construction will commence during September, and is expected to be complete by end of 2008. The prices of La Vista apartments ranges from Dh.530,000 for a single bedroom apartment to Dh.675,000 for a double bedroom.
The Deputy Chief Executive of DSO, Shahla Ahmad Abdul Razak said "The project falls in line with DSO's aim to provide an integrated community, where DSO is saving no effort to provide a high standard of living to people who work within the technology park. Schools, academies, universities, mosques, hospitals, shopping centres, and health and leisure facilities have been designed to be included in the city."
Based on the current market rents, an investor at La Vista Residence is expected to bring about a return of more than ten percent to the investor.
Labels: Dubai Silicon Oasis, New Developments, Real Estate Projects
Dubai Silicon Oasis launches Dh.1.55bn villa project
Thursday, May 24, 2007
The Dubai Silicon Oasis Authority CEO and Vice-Chairman, Dr.Mohammed Al Zarouni said "We believe that providing high-quality standards in a safe and comfortable environment is a fundamental requirement for our partners at DSO. Therefore, we made sure that projects under development assure the highest international standards in term of duality, facilities and services."
The project, located within the DSO on emirates road, will be a gated community development with shopping complex, house, play areas and swimming. The Villas will comprise of executive, luxury, twin and town sq.ft. respectively. The project will be designed in Arabic, modern and traditional.
DSO already functions as a free zone technology park for micro-electronic and other high-tech companies who are on the look out for setting up their regional headquarters in the Middle East and Africa.
Recently, the Silicon Oasis authority entered into an agreement with Avava to facilitate an IP telephony network for its new office.
Labels: Dubai Silicon Oasis, Villa Projects
Dh.1billion project launched by Al Futtaim at the hi-tech hub of Dubai
Wednesday, April 25, 2007
The project comprises residential and serviced apartment blocks, recreation blocks, car parks at the ground floor, surface car parks, external works, landscaping and other service utilities. In addition, the integrated circuit design centers, production lines and R&D facilities offer a cost-effective and quality model to the companies.
Muammar Khaled Al Khatheeri, the Director of Planning and Construction, Dubai Silicon Oasis Authority, mentioned that they are making every possible effort to maintain a high standard of living for people working at hospitals, shopping centers, academies, leisure and health facilities in Silicon Oasis. About Dh.40m has already been spent on landscape so that the quality of life in the apartments, hotels and villas are enhanced and the right environment for a luxurious lifestyle for people of Silicon Oasis could be provided.
The project will be executed by Al Futtaim Real Estate, under regular inspection of Dubai Silicon Oasis Authority. The General Manager of Al Futaim Real Estate, Nasser Mahmoud, describes Silicon Oasis, as an exciting project representing the concept of “city within a city” and provides all that is required for a life of style and comfort.
He added that, in addition to the central technology park and its business facilities, inclusion of the residential factor offered by Dubai Silicon Oasis Authority, will bring in added value to the kind of community lifestyle.
Labels: Al futtaim, Dubai Silicon Oasis, New Developments
















