Emaar Malls Group completes Gold and Diamond Park expansion
Tuesday, November 20, 2007
The Emaar Malls Group, a subsidiary of Emaar Properties PJSC, has completed the second and third phase of Gold and Diamond Park expansion, with the number of gold and jewellery retailers, being tripled, with new office blocks being established to house 118 manufacturing units and 350 commercial units.
Most of these are located between the residential and commercial developments near Sheikh Zayed Road and Interchange 4 in Dubai.
The Gold and Diamond Park, launched in May 2001, offers various commercial and retail business opportunities. It also comprises a restaurant, several cafes, and an underground parking with a capacity to park more than 750 cars. Apart from jewelery and gold trade, businesses from all sectors have opened offices within this commercial hub.
The General Manager of Gold & Diamond Park, Taher Badri, said that the Gold & Diamond Park has expanded significantly in size, and this will further enhance its reputation as a much sought-after location for a variety of businesses. The range and diversity of the business offerings in Gold and Diamond Park, makes it a leading destination and a centralized place, to conduct business of diamond and gold jewellery.
Most of these are located between the residential and commercial developments near Sheikh Zayed Road and Interchange 4 in Dubai.The Gold and Diamond Park, launched in May 2001, offers various commercial and retail business opportunities. It also comprises a restaurant, several cafes, and an underground parking with a capacity to park more than 750 cars. Apart from jewelery and gold trade, businesses from all sectors have opened offices within this commercial hub.
The General Manager of Gold & Diamond Park, Taher Badri, said that the Gold & Diamond Park has expanded significantly in size, and this will further enhance its reputation as a much sought-after location for a variety of businesses. The range and diversity of the business offerings in Gold and Diamond Park, makes it a leading destination and a centralized place, to conduct business of diamond and gold jewellery.
Labels: Commercial Property, Dubai City, Emmar
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
Emaar launches Armani Residences at Burj Dubai
Tuesday, October 30, 2007
Emaar Properties, the leading Dubai-based realty developer, has launched their Armani Residences, in the world's tallest building, Burj Dubai.
Designed by Giorgio Armani, the 144 units of Armani Residences offer a unique lifestyle experience, and are the first ever residences to be designed by Giorgio Armani. The Armani Residences complement the Armani Hotel, likely to be opened in 2008 in Dubai, and are the first to be opened on collaboration between Giorgio S.p.A and Emaar.
The single and double bedroom luxury residential suits of the Armani Residences, range from 99 sq. mt. to 208 sq. mt. in size, and are decorated with a wide range of Armani/casa home furnishings, clean lines, and the finishes and materials range from zebrawood, stone, fabric, venetian plaster and leather wall coverings. The smart-home technology is the main highlight of the residences that include 100% automated systems for temperature and drapery control, security, lighting and air-conditioning.
Every floor of the Armani Residences has its own elevator access, with full-glass panoramic windows that offer spell-binding views of the Downtown Burj Dubai.
The residents at Armani Residences also have the added benefit of enjoying the amenities at the Armani Hotel Dubai, which complements the Armani Residences, has 160 rooms offering the ultimate in hospitality standards. It offers facilities such as 24-hour room service, concierge, housekeeping, access to library spa, swimming pool and gymnasium and cigar club.
Burj Dubai, by itself, is a mixed-use tower, featuring commercial offices, leisure amenities, and serviced apartments. On its completion during late 2008, the Burj Dubai will be a perfect complement to a vast array of lifestyle options in Burj Dubai, featuring the Burj Dubai Boulevard, The Dubai Mall and various other hospitality and residential projects.
Designed by Giorgio Armani, the 144 units of Armani Residences offer a unique lifestyle experience, and are the first ever residences to be designed by Giorgio Armani. The Armani Residences complement the Armani Hotel, likely to be opened in 2008 in Dubai, and are the first to be opened on collaboration between Giorgio S.p.A and Emaar.The single and double bedroom luxury residential suits of the Armani Residences, range from 99 sq. mt. to 208 sq. mt. in size, and are decorated with a wide range of Armani/casa home furnishings, clean lines, and the finishes and materials range from zebrawood, stone, fabric, venetian plaster and leather wall coverings. The smart-home technology is the main highlight of the residences that include 100% automated systems for temperature and drapery control, security, lighting and air-conditioning.
Every floor of the Armani Residences has its own elevator access, with full-glass panoramic windows that offer spell-binding views of the Downtown Burj Dubai.
The residents at Armani Residences also have the added benefit of enjoying the amenities at the Armani Hotel Dubai, which complements the Armani Residences, has 160 rooms offering the ultimate in hospitality standards. It offers facilities such as 24-hour room service, concierge, housekeeping, access to library spa, swimming pool and gymnasium and cigar club.
Burj Dubai, by itself, is a mixed-use tower, featuring commercial offices, leisure amenities, and serviced apartments. On its completion during late 2008, the Burj Dubai will be a perfect complement to a vast array of lifestyle options in Burj Dubai, featuring the Burj Dubai Boulevard, The Dubai Mall and various other hospitality and residential projects.
Labels: Burj Dubai, Emmar, Latest News
Emaar, Bawadi join hands for Dh.60bn realty development
Tuesday, October 23, 2007
Emaar Properties, together with Bawadi, a member of the subsidiary of Dubai Holding, Tatweer, have announced their joint-venture, worth Dh.60bn, towards development of 70million square feet of land in Bawadi, the largest hospitality and leisure development in the world, at Dubailand.
This realty project is expected to turn out to be a signature development with equal equity participation by both parties. While Bawadi is expected to transfer land rights to the joint venture, Emaar will contribute equivalent portion of cash in the joint venture. The venture is likely to yield its returns by 2009.
The joint venture will be managed by Emaar, through management and technical services agreement. This venture will bring about 15million square feet of family-oriented theme park, lush green parks and lakes with a wide range of attractions matching global standards. It will also include six hotels and 1200 serviced apartments. The project will be located at the heart of Bawadi, and in close proximity to Arabian Ranches, an Emaar flagship project.
The Emaar Properties, Chairman, Mohamed Ali Alabbar, said "As a pioneer of master-planned communities in Dubai, with an accomplished track record of creating world-class developments, Emaar has established credentials in property development. Our partnership with Bawadi will increase our land bank in Dubai by 76%. This transaction is ideal as per the Dubai Strategic Plan, which has been outlined by H.H. Sheikh Mohammed, highlighting the need for Dubai taking leadership position by leveraging its strengths."
The Executive Chairman of Dubai Holding, Mohamed Al Gergawi, mentioned that as per the Strategic Plan by H.H. Sheikh Mohammed, the focal areas of the plan is tourism development, and the abilities of the two companies together, will effectively contribute to this sector.
This realty project is expected to turn out to be a signature development with equal equity participation by both parties. While Bawadi is expected to transfer land rights to the joint venture, Emaar will contribute equivalent portion of cash in the joint venture. The venture is likely to yield its returns by 2009.
The joint venture will be managed by Emaar, through management and technical services agreement. This venture will bring about 15million square feet of family-oriented theme park, lush green parks and lakes with a wide range of attractions matching global standards. It will also include six hotels and 1200 serviced apartments. The project will be located at the heart of Bawadi, and in close proximity to Arabian Ranches, an Emaar flagship project.
The Emaar Properties, Chairman, Mohamed Ali Alabbar, said "As a pioneer of master-planned communities in Dubai, with an accomplished track record of creating world-class developments, Emaar has established credentials in property development. Our partnership with Bawadi will increase our land bank in Dubai by 76%. This transaction is ideal as per the Dubai Strategic Plan, which has been outlined by H.H. Sheikh Mohammed, highlighting the need for Dubai taking leadership position by leveraging its strengths."
The Executive Chairman of Dubai Holding, Mohamed Al Gergawi, mentioned that as per the Strategic Plan by H.H. Sheikh Mohammed, the focal areas of the plan is tourism development, and the abilities of the two companies together, will effectively contribute to this sector.
Labels: Bawadi, Dubailand, Emmar, Latest News, Real Estate Projects, Theme-Parks
The Springs - community of townhouses
Tuesday, October 16, 2007
The Springs, is a gated community of townhouses surrounded by scenic gardens and waterways, offering a harmonious and serene environment for small families and couples. It is located within the Emirates Living Community, surrounded by The Meadows and Emirates Hills developments.
The residents could choose any of the three, four or five bedroom units, with areas ranging from 1772 square feet to 3030 square feet. Residents will have their own car ports with ample space for two Cars, in addition to balconies and private gardens, which overlook other picturesque developments. Other amenities available in The Springs include Nurseries, Spas, Parks, Swimming Pools, Gyms and Community Centers.
The Springs is ideally located in close proximity to other major freehold developments, such as the Dubai Marina, which is just across the road, the Mall of Emirates in Sheikh Zayed Road, and hence can easily access other major amenities such as restaurants, with quite a few five star hotels nearby, and supermarkets.
The Springs is one of the large developments by Emaar, constructed in seven phases. The project is now complete, and with its competitive prices and affordability, The Springs is home to thousands of residents.
The residents could choose any of the three, four or five bedroom units, with areas ranging from 1772 square feet to 3030 square feet. Residents will have their own car ports with ample space for two Cars, in addition to balconies and private gardens, which overlook other picturesque developments. Other amenities available in The Springs include Nurseries, Spas, Parks, Swimming Pools, Gyms and Community Centers.
The Springs is ideally located in close proximity to other major freehold developments, such as the Dubai Marina, which is just across the road, the Mall of Emirates in Sheikh Zayed Road, and hence can easily access other major amenities such as restaurants, with quite a few five star hotels nearby, and supermarkets.
The Springs is one of the large developments by Emaar, constructed in seven phases. The project is now complete, and with its competitive prices and affordability, The Springs is home to thousands of residents.
Labels: Community, Emmar, Residential, Townhouses
Emaar to display flagship international real estate projects at EXPO REAL 2007
Wednesday, October 10, 2007
Emaar Properties, the leading global real estate developer, has announced its decision to display its flagship and international real estate projects at the EXPO REAL 2007 global trade exhibition. The exhibition will be held at New Munich Trade Fair Center, from 8th October to 10th October 2007.
Emaar will be making its second appearance in this international event, highlighting master projects including King Abdullah Economic City in Saudi Arabia, Downtown Burj Dubai, and various other master-planned communities in its international markets such as Morocco, Syria and Egypt.
The major attractions at the Emaar stand will include mixed-use real estate projects such as Burj Dubai, Downtown Burj Dubai community, including the world's tallest free-standing structure, Burj Dubai. Other developments that will be displayed include the Eighth Gate master planned community project in Damascus, the Marassi residential development in Egypt, the ongoing expansive developments, Amelkis II and III in Morocco, Tinja, Oukaimeden, Bahia Bay and Saphira Communities.
The Managing Director of Emaar, Issam Galadari said "As a trade fair hosting some of the high-profile developers of the world, global industry professionals and investors, EXPO REAL is the perfect venue for enhancing the awareness of projects on a global scale. It displays the ever expanding, inspirational architecture in Dubai, to a wide global audience, creating an invaluable networking platform for key investors."
Emaar will be making its second appearance in this international event, highlighting master projects including King Abdullah Economic City in Saudi Arabia, Downtown Burj Dubai, and various other master-planned communities in its international markets such as Morocco, Syria and Egypt.
The major attractions at the Emaar stand will include mixed-use real estate projects such as Burj Dubai, Downtown Burj Dubai community, including the world's tallest free-standing structure, Burj Dubai. Other developments that will be displayed include the Eighth Gate master planned community project in Damascus, the Marassi residential development in Egypt, the ongoing expansive developments, Amelkis II and III in Morocco, Tinja, Oukaimeden, Bahia Bay and Saphira Communities.
The Managing Director of Emaar, Issam Galadari said "As a trade fair hosting some of the high-profile developers of the world, global industry professionals and investors, EXPO REAL is the perfect venue for enhancing the awareness of projects on a global scale. It displays the ever expanding, inspirational architecture in Dubai, to a wide global audience, creating an invaluable networking platform for key investors."
Labels: Emmar, International, Property-show
Emaar Malls Group to unveil Souk Al Bahar soon
Sunday, September 23, 2007
The leading real estate developer in Dubai, Emaar Properties, has announced that their shopping mall subsidiary, Emaar Malls Group LLC, will soon unveil the Souk Al Bahar, the new shopping, dining and entertainment destination in the Downtown Burj Dubai.
Scheduled to be unveiled in December this year, the uniquely positioned in The Old Town Island, facing the Burj Dubai Lake, the Souk Al Bahar, will turn out to be a lively waterside hotspot for visitors and residents of Dubai, comprising more that 130 stores, a waterfront promenade, and the best of 25 cafes and restaurants.
The Chief Executive Office of Emaar Malls Group, Rashid Doleh, said "Souk Al Bahar will surely be a vibrant entertainment and shopping concept for the city, and a perfect style component that meets the requirement of all sections of the society. Located in the heart of Dubai City, the Souk Al Bahar provides one with the joy of living in the most dynamic cities in the world."
Souk Al Bahar is the most ideal complement that matches the most ambitious developments in the world such as the Burj Dubai and the Dubai Mall. A direct footbridge, which connects the Dubai Mall with the Souk Al Bahar, will see visitors having a convenient access to the best dining, shopping and recreational avenues in Dubai.
Covering an area of 164,700 square feet, the Souk Al Bahar has an electric retail mix which depicts the Arabian heritage through a genuine mix of perfumes, furnishings, jewelry, fashion and carpet deals.
Scheduled to be unveiled in December this year, the uniquely positioned in The Old Town Island, facing the Burj Dubai Lake, the Souk Al Bahar, will turn out to be a lively waterside hotspot for visitors and residents of Dubai, comprising more that 130 stores, a waterfront promenade, and the best of 25 cafes and restaurants.
The Chief Executive Office of Emaar Malls Group, Rashid Doleh, said "Souk Al Bahar will surely be a vibrant entertainment and shopping concept for the city, and a perfect style component that meets the requirement of all sections of the society. Located in the heart of Dubai City, the Souk Al Bahar provides one with the joy of living in the most dynamic cities in the world."Souk Al Bahar is the most ideal complement that matches the most ambitious developments in the world such as the Burj Dubai and the Dubai Mall. A direct footbridge, which connects the Dubai Mall with the Souk Al Bahar, will see visitors having a convenient access to the best dining, shopping and recreational avenues in Dubai.
Covering an area of 164,700 square feet, the Souk Al Bahar has an electric retail mix which depicts the Arabian heritage through a genuine mix of perfumes, furnishings, jewelry, fashion and carpet deals.
Labels: Commercial Property, Emmar, New Developments, Shopping Mall
Emaar launches Dubai Lake Hotel, Dubai Mall Hotel in Burj Dubai
Friday, September 07, 2007
The Dubai-based largest real estate firm, Emaar Properties has launched its finest homes in Downtown Burj Dubai, offering its residents, spectacular views of Burj Dubai.
The premier apartments are located in the Burj Dubai Lake Hotel and The Dubai Mall Hotel and Serviced Residences within a 500 acre realty development. The homes are also in close proximity to the Burj Dubai Boulevard, along the walkway of 3.5kms lined with beverage and food outlets.
"Downtown Burj Dubai, the premier downtown development offers commercial, residential, leisure and hospitality components to its investors. Hence with the strong investor response, Burj Dubai has developed into a preferred investment destination for potential investors and home-owners," say Saif Al Mansoori, Sales Director, Emaar Properties.
The Burj Dubai Lake Hotel combines the residential and hospitality component of the Downtown Burj Dubai development, located next to the Dubai Mall and The Old Town Residences. The 63 storey hotel features all the necessary indulgences and amenities that one gets to experience in a five-star hotel.
The premier apartments are located in the Burj Dubai Lake Hotel and The Dubai Mall Hotel and Serviced Residences within a 500 acre realty development. The homes are also in close proximity to the Burj Dubai Boulevard, along the walkway of 3.5kms lined with beverage and food outlets."Downtown Burj Dubai, the premier downtown development offers commercial, residential, leisure and hospitality components to its investors. Hence with the strong investor response, Burj Dubai has developed into a preferred investment destination for potential investors and home-owners," say Saif Al Mansoori, Sales Director, Emaar Properties.
The Burj Dubai Lake Hotel combines the residential and hospitality component of the Downtown Burj Dubai development, located next to the Dubai Mall and The Old Town Residences. The 63 storey hotel features all the necessary indulgences and amenities that one gets to experience in a five-star hotel.
The Dubai Mall Hotel and Serviced Residences comprises four storey of podium with banquet halls, restaurants, meeting rooms, business center, fitness amenities, in addition to a landscaped swimming pool deck. Other amenities include underground parking, car drop off at the ground entrance level and 24 hours maintenance and security.
Labels: Apartments, Downtown, Emmar, Luxury Homes, New Developments, New Hotels, Residential
Emaar's Claren Residential Tower to be launched on 9th September
Thursday, September 06, 2007
Emaar has recently announced the launch its Claren residential towers on 9th September'07 in Burj Dubai.
Located directly across the 29 Burj Dubai Boulevard, Claren features two well-designed mid-rise towers and boulevard apartments that offer to its residents spacious living with better privacy. It features a wide range of podium amenities and is easily accessible to Burj Dubai.
Various financial institutions are competing to offer easy finance options to own a home at Claren, which comprises studios, one, two and three bedroom apartments.
Claren's close proximity to the Downtown Burj Dubai, and other business and financial hubs of Dubai, makes it an ideal location for professionals to stay updated with the happenings in and around the city. Various other entertainment and retail options add to the attractions of Claren. Residents will also have an easy access to The Dubai Mall, the largest entertainment and shopping destinations in the world.
The Downtown Burj Dubai development by Emaar, worth US$20 billion, has most of its components in the development completed and delivered, including the residential and hospitality projects. The hi-tech superior homes, retail outlets and commercial offices and other leisure projects, located amidst landscaped gardens in the development, are marking the foray of a new downtown culture for Dubai.
Located directly across the 29 Burj Dubai Boulevard, Claren features two well-designed mid-rise towers and boulevard apartments that offer to its residents spacious living with better privacy. It features a wide range of podium amenities and is easily accessible to Burj Dubai.Various financial institutions are competing to offer easy finance options to own a home at Claren, which comprises studios, one, two and three bedroom apartments.
Claren's close proximity to the Downtown Burj Dubai, and other business and financial hubs of Dubai, makes it an ideal location for professionals to stay updated with the happenings in and around the city. Various other entertainment and retail options add to the attractions of Claren. Residents will also have an easy access to The Dubai Mall, the largest entertainment and shopping destinations in the world.
The Podium amenities in Claren includes a swimming pool, office spaces, children's pool and landscaped pool deck, gymnasium, children play area, multipurpose rooms, basement level parking, shaded car drop-off at entrance level.The apartments are specially designed to optimize natural light, with the buildings spaced sufficiently to sustain privacy, which is often not found in most high-rise buildings. The buildings will have high-speed internet, telephone service and wide range of IT options.
The Downtown Burj Dubai development by Emaar, worth US$20 billion, has most of its components in the development completed and delivered, including the residential and hospitality projects. The hi-tech superior homes, retail outlets and commercial offices and other leisure projects, located amidst landscaped gardens in the development, are marking the foray of a new downtown culture for Dubai.
Labels: Apartments, Burj Dubai, Emmar, Investment Property, Luxury Homes, New Developments, Real Estate Projects, Residential
Luxurious Villas and Townhouses in Arabian Ranches
Tuesday, September 04, 2007
The Arabian Ranches are an exclusive community of luxurious villas and townhomes, ideally located in close proximity to the Emirates Road and the Emirates Golf Club. The development drives home the concept of a beautiful home environment located in the heart of desert, away from the regular hustle-bustle of the city life. The homes are encompassed by lush landscaped gardens, and the finest equestrian and golfing amenities.
An English primary and secondary school is also located within the community, in addition to 20 retail outlets, including a supermarket. The entire Emaar development is best designed as an independent community meant for family living.
The collection of available properties in the Arabian Ranches range from large to small villas and town homes to single storey homes, that are designed in traditional Mediterranean, Spanish and Arabic styles. These specifications are segregated based on different projects such as Alma Townhomes, Al Mahra, Al Reem, Alvorada Gazelles, Mirador, Hattan, Saheel, Palmera, Alma Townhomes, Savannah and Terra Nova. Among these the HAttan, Mirador and Saheel homes comprise the Emaar Golf Homes that are constructed facing the Desert Course or the Emirates Gold Club offering wonderful views of the fairways.The Arabian Ranches Golf Club, previously known as the Desert Course, is basically an 18-hole desert and grass course that caters to all players. The club features modern play equipments, a bar, a restaurant, and luxury guest rooms. The Equestrian Center offers the best of experience for horse lovers featuring riding fields and beautiful Arabian horses, paddocks, etc., in addition to a swimming pool, spa, polo club with lounge and dining amenities.
An English primary and secondary school is also located within the community, in addition to 20 retail outlets, including a supermarket. The entire Emaar development is best designed as an independent community meant for family living.
Labels: arabian-ranches, Emmar, Luxury Homes, Townhouses, Villa Projects
Emaar and Dubai Holdings join hands for prime land developments in Dubai
Thursday, August 30, 2007
The leading Dubai-based real estate developer, Emaar Properties, and the largest Dubai-based business conglomerate in the Middle East, Dubai Holding, have together announced a joint-venture arrangement for development of land in major locations in Dubai.
The Executive Chairman of Dubai Holding, Mohammad Al Gergawi, said that both Dubai Holding and Emaar are of the belief that both companies would benefit from working together on real estate projects in Dubai. Both firms are currently holding advanced discussions over the matter, for development of world-class projects in major locations in Dubai.
After its launch in 2004, Dubai Holding operates in various sectors ranging from technology, real estate, finance, health, energy, communication, tourism, hospitality, biotechnology and industry. Emaar on the other hand, powered by its vision 2010, is all set to become the most renowned names in the property market across the world, and is in the process of creating master-planned communities in international markets. It is also into developing new competencies in leisure malls, hospitality, healthcare, finance, and education which has evolved from its integrated approach to real estate development and customer service.
Both companies have strong fundamentals and their potential growth displays a great promise for investors.
The Executive Chairman of Dubai Holding, Mohammad Al Gergawi, said that both Dubai Holding and Emaar are of the belief that both companies would benefit from working together on real estate projects in Dubai. Both firms are currently holding advanced discussions over the matter, for development of world-class projects in major locations in Dubai.
After its launch in 2004, Dubai Holding operates in various sectors ranging from technology, real estate, finance, health, energy, communication, tourism, hospitality, biotechnology and industry. Emaar on the other hand, powered by its vision 2010, is all set to become the most renowned names in the property market across the world, and is in the process of creating master-planned communities in international markets. It is also into developing new competencies in leisure malls, hospitality, healthcare, finance, and education which has evolved from its integrated approach to real estate development and customer service.
Both companies have strong fundamentals and their potential growth displays a great promise for investors.
Labels: Dubai Holdings, Dubai Real Estate, Emmar, Real Estate News
Emaar to launch new residential units at Burj Dubai Boulevard
Saturday, August 25, 2007
Leading property developer, Emaar Properties, has announced plans to launch the second tower, a part of 29, Burj Dubai Boulevard, which is an architectural marvel, that has been designed by Frank Williams and Partners, the New-York based Architects.
The launch has been planned for 25th August, 2007. Emaar will simultaneously launch the sale of its Boulevard Apartments, situated in podium of 29, Burj Dubai Boulevard.
The Sales Director, Emaar Properties, Saif Al Mansoori, said "Apart from its ideal location on Burj Dubai Boulevard, the hub of entertainment and leisure activity, the elegant design, makes it an unique attraction to the residential offering in Dubai. The Tower 2 and the Boulevard Apartments on the podium are unique and different from each other in their architectural brilliance."
Burj Dubai Boulevard comprises studios, one, two and three bedroom apartments. Easy finance for purchase of homes is being offered by various financial institutions.
The homes have a wide range of modern amenities and world-class fittings and finishes. The development features separate, spacious lobby entrances for both residential towers, in addition to other amenities such as gymnasium, pool deck, basement parking, swimming pool, communal area, children's wading pool, and multi-purpose rooms.
The launch has been planned for 25th August, 2007. Emaar will simultaneously launch the sale of its Boulevard Apartments, situated in podium of 29, Burj Dubai Boulevard.
The Sales Director, Emaar Properties, Saif Al Mansoori, said "Apart from its ideal location on Burj Dubai Boulevard, the hub of entertainment and leisure activity, the elegant design, makes it an unique attraction to the residential offering in Dubai. The Tower 2 and the Boulevard Apartments on the podium are unique and different from each other in their architectural brilliance."
Burj Dubai Boulevard comprises studios, one, two and three bedroom apartments. Easy finance for purchase of homes is being offered by various financial institutions.
The homes have a wide range of modern amenities and world-class fittings and finishes. The development features separate, spacious lobby entrances for both residential towers, in addition to other amenities such as gymnasium, pool deck, basement parking, swimming pool, communal area, children's wading pool, and multi-purpose rooms.
Labels: Apartments, Burj Dubai, Emmar, Luxury Homes, Residential
Emaar launches sales of its Samarah Dead Sea Jordanian project in Dubai
Thursday, August 23, 2007
The country-subsidiary of Emaar Properties, Emaar International Jordan, has launched the sale of its hi-tech residential project, Samarah Dead Sea Golf & Beach Resort in Dubai on August 18th.
The project, overlooking the Dead Sea, comprises Mediterranean styled homes, within a vibrant retail center and a Spa and Wellness Village.
The Emaar International Jordan General Manager, Steve McCartt, said "The Samarah Hillside homes will provide a lifestyle experience for Jordan through integration of several leisure amenities in close proximity. Jordan has witnessed keen interest from Dubai investors including the Jordanian community in Dubai. Through this sales launch in Jordan and Dubai, we wish to offer a purchase opportunity for Jordan and international investors."
Samarah Dead Sea Golf & Beach Resort is owned by The Dead Sea Touristic and Real Estate Company, a venture of Emaar Properties PJSC. The project aims to energize the Jordanian economy with particular focus on tourism growth and luxury property development.
At present, Emaar is launching the sales of homes within the Hillside comprising two and three bedrooms ranging 314 to 404 sq. mts., in size. The multi-functional residential community is situated opposite to the King Hussein Bin Talal Convention Center.
The project, overlooking the Dead Sea, comprises Mediterranean styled homes, within a vibrant retail center and a Spa and Wellness Village.
The Emaar International Jordan General Manager, Steve McCartt, said "The Samarah Hillside homes will provide a lifestyle experience for Jordan through integration of several leisure amenities in close proximity. Jordan has witnessed keen interest from Dubai investors including the Jordanian community in Dubai. Through this sales launch in Jordan and Dubai, we wish to offer a purchase opportunity for Jordan and international investors."
Samarah Dead Sea Golf & Beach Resort is owned by The Dead Sea Touristic and Real Estate Company, a venture of Emaar Properties PJSC. The project aims to energize the Jordanian economy with particular focus on tourism growth and luxury property development.
At present, Emaar is launching the sales of homes within the Hillside comprising two and three bedrooms ranging 314 to 404 sq. mts., in size. The multi-functional residential community is situated opposite to the King Hussein Bin Talal Convention Center.
Labels: Emmar, International, Investment Property, New Developments, Resorts, Sales
Armani Hotels to be launched in Burj Dubai
Tuesday, August 21, 2007
The Armani Hotels and Resorts and Armani Residences, are a joint venture between Giorgio Armani, an Italian fashion designer and Emaar Properties. It is scheduled to launch its first property in Burj Dubai during 2009.
During the time of entering into the venture in 2005, Emaar had agreed for an investment of $1billion for development of ten Armani luxury hotels and resorts in major global cities. Under the terms of the agreement, Giorgio Armani S.p.A. is awarding a long term license to Emaar Hotel & Resorts LLC for the operation of a collection of luxury hotels and resorts, whereby Emaar will be fully responsible for real estate, construction, management and operations, with Giorgio Armani overseeing all aspects of content, design and style, including interiors and amenities, incorporating the various Armani fashion, beauty collections and furnishings.
The next Armani hotel has been planned in Milan, which will be followed by Marrakesh and New York.
Mohammad Al Abbar, the Emaar Chairman, said The Emaar Hotels and Resorts are in the process of undertaking several prestigious developments across the region to take advantage of the booming tourism sector.
The company has announced that Dardenne, who is currently the CEO of Emaar Hospitality Group, will guide the development of luxury projects in major cities and other emerging markets.
During the time of entering into the venture in 2005, Emaar had agreed for an investment of $1billion for development of ten Armani luxury hotels and resorts in major global cities. Under the terms of the agreement, Giorgio Armani S.p.A. is awarding a long term license to Emaar Hotel & Resorts LLC for the operation of a collection of luxury hotels and resorts, whereby Emaar will be fully responsible for real estate, construction, management and operations, with Giorgio Armani overseeing all aspects of content, design and style, including interiors and amenities, incorporating the various Armani fashion, beauty collections and furnishings.
The next Armani hotel has been planned in Milan, which will be followed by Marrakesh and New York.
Mohammad Al Abbar, the Emaar Chairman, said The Emaar Hotels and Resorts are in the process of undertaking several prestigious developments across the region to take advantage of the booming tourism sector.
The company has announced that Dardenne, who is currently the CEO of Emaar Hospitality Group, will guide the development of luxury projects in major cities and other emerging markets.
Labels: Burj Dubai, Emmar, New Hotels
Emaar launches sales of Ghadeer Town Homes
Wednesday, August 08, 2007
Emaar Properties has announced launching the sale of Ghadeer Townhomes at The Lakes, on 11th of August.
Buyers looking to invest in the property can register online from August 5th to August 7th for participating in the launch.
Emirates Islamic Bank has already come forward with easy home financing solutions for potential buyers.
Ghadeer Townhomes is a gated community located amidst serene lakes in a picturesque living environment and offers direct access to the Lakes Community Center which comprises various recreational and retail outlets. It also includes the Ghadeer Neighbourhood Park and a swimming pool of its own.
Investors have the option of choosing from five different types of Mediterranean-styled townhomes, with sizes ranging from 2485 to 3153 Sq. Ft. The three bedroom Ghadeer Townhomes, features spacious verandahs, terraces, balconies, two car parking spaces for each home, and gardens.
The Emaar Sales Director, Saif Al Mansoori said "The Lakes is a well-established residential community and is very much in demand by the investors, who prefer the comfort of villa living or townhouse. Also, at the moment, the supply of townhomes is limited to Dubai, and there is an increased demand for independent homes with gardens and other amenities. Ghadeer sinks with this need."
He added that Ghadeer has the advantage of, being located within the Emirates Living neighbourhood, which comprises The Springs, The Greens, The Meadows, The Views and Emirates Hills. The residents get to enjoy the amenities such as a flourishing community center, day care centers, shopping outlets, renowned schools and nurseries. All homes within Ghadeer have the additional advantage of providing privacy to residents, as the homes have gardens enclosed within walls.
Ghadeer is situated in the north-eastern boundary of The Lakes, which already comprises four communities namely Forat, Deema, Maeen and Zulal.
Buyers looking to invest in the property can register online from August 5th to August 7th for participating in the launch.
Emirates Islamic Bank has already come forward with easy home financing solutions for potential buyers.
Ghadeer Townhomes is a gated community located amidst serene lakes in a picturesque living environment and offers direct access to the Lakes Community Center which comprises various recreational and retail outlets. It also includes the Ghadeer Neighbourhood Park and a swimming pool of its own.
Investors have the option of choosing from five different types of Mediterranean-styled townhomes, with sizes ranging from 2485 to 3153 Sq. Ft. The three bedroom Ghadeer Townhomes, features spacious verandahs, terraces, balconies, two car parking spaces for each home, and gardens.
The Emaar Sales Director, Saif Al Mansoori said "The Lakes is a well-established residential community and is very much in demand by the investors, who prefer the comfort of villa living or townhouse. Also, at the moment, the supply of townhomes is limited to Dubai, and there is an increased demand for independent homes with gardens and other amenities. Ghadeer sinks with this need."
He added that Ghadeer has the advantage of, being located within the Emirates Living neighbourhood, which comprises The Springs, The Greens, The Meadows, The Views and Emirates Hills. The residents get to enjoy the amenities such as a flourishing community center, day care centers, shopping outlets, renowned schools and nurseries. All homes within Ghadeer have the additional advantage of providing privacy to residents, as the homes have gardens enclosed within walls.
Ghadeer is situated in the north-eastern boundary of The Lakes, which already comprises four communities namely Forat, Deema, Maeen and Zulal.
Labels: Emmar, Investment Property, New Developments, Residential, Villa Projects
Emaar announces reduced NOC charges
Thursday, August 02, 2007
Emaar Properties has announced a major reduction of its certification charges for homeowners who wish to sell their properties.
The company has announced that the cost of issuing a Notification of Completion (NOC) certificate has been slashed by ninety percent, with the fee dropping down from Dh.5000 to Dh.500.
Such a measure was initiated due to complaints from various property owners about the high fee charges by Emaar in comparison to other developers.
Homeowners who already possess the title deeds for their properties should provide the Dubai Land Department with NOC while transferring their ownership to a second party.
Developer Nakheel has already decreased their fee for NOC from Dh.1000 to Dh.500. The fee is charged as verification charges for ensuring that there are no outstanding issues regarding property or any unpaid service charges.
The company has announced that the cost of issuing a Notification of Completion (NOC) certificate has been slashed by ninety percent, with the fee dropping down from Dh.5000 to Dh.500.
Such a measure was initiated due to complaints from various property owners about the high fee charges by Emaar in comparison to other developers.
Homeowners who already possess the title deeds for their properties should provide the Dubai Land Department with NOC while transferring their ownership to a second party.
Developer Nakheel has already decreased their fee for NOC from Dh.1000 to Dh.500. The fee is charged as verification charges for ensuring that there are no outstanding issues regarding property or any unpaid service charges.
Labels: Emmar, Real Estate Company, Real Estate News
Emaar to stop short-term rentals in its properties
Wednesday, July 25, 2007
The residents residing in homes constructed by Emaar Properties are not permitted to let their properties on short-term basis.
Emaar has sent circulars placing certain restrictions and has asked the residents to keep tab on illegal activities. The circulars were sent to residents in Emaar communities of The Greens, The Springs and such others. The circular states that the villas and apartments should not be let for short periods or used as bachelor accommodation. The circular has also asked residents to keep Emaar informed in case anyone violates the rules or employs housemaids without a sponsor.
When the residents were contacted, it was found that while majority of residents supported the neighbourhood watch-style appeals, they were not supportive of the ban against letting out their homes while on vacation.
A UK designer living in the Springs community mentioned that she agrees with Emaar about the neighbourhood watch, but expressed unhappiness that while on a vacation, she would want to rent her property, just as she would do in any other place.
However, according to Emaar, the rules are being enforced keeping the interest of safety and security of the residents and homeowners. The circular mentions that short-term holiday lets are not permitted as per the agreement signed between the developer and the purchaser. However, despite this, short-term accommodation of Emaar properties is being frequently advertised on websites and newspapers.
According to Walter Halt, an independent property consultant, this was being done, due to the fact that there is no federal law on the subject.
"A law concerning how communities are managed is yet to be finalized, which indicates that all master developers bring up their own rules regarding community management."
Emaar has sent circulars placing certain restrictions and has asked the residents to keep tab on illegal activities. The circulars were sent to residents in Emaar communities of The Greens, The Springs and such others. The circular states that the villas and apartments should not be let for short periods or used as bachelor accommodation. The circular has also asked residents to keep Emaar informed in case anyone violates the rules or employs housemaids without a sponsor.
When the residents were contacted, it was found that while majority of residents supported the neighbourhood watch-style appeals, they were not supportive of the ban against letting out their homes while on vacation.
A UK designer living in the Springs community mentioned that she agrees with Emaar about the neighbourhood watch, but expressed unhappiness that while on a vacation, she would want to rent her property, just as she would do in any other place.
However, according to Emaar, the rules are being enforced keeping the interest of safety and security of the residents and homeowners. The circular mentions that short-term holiday lets are not permitted as per the agreement signed between the developer and the purchaser. However, despite this, short-term accommodation of Emaar properties is being frequently advertised on websites and newspapers.
According to Walter Halt, an independent property consultant, this was being done, due to the fact that there is no federal law on the subject.
"A law concerning how communities are managed is yet to be finalized, which indicates that all master developers bring up their own rules regarding community management."
Labels: Emmar, Investment Property, Property Law, Rentals
Burj Dubai stands highest in the world
Tuesday, July 24, 2007
Burj Dubai stands high as the tallest tower in the world at 512.1 meters, announced Emaar Properties on Saturday, the 21st July.
The Skyscraper with 141 storeys, has overtaken the Taiwan's 509m Taipei 101. The Burj also overtook the next highest, the Petronas Towers of Malaysia standing at 452m.
The tower forms a part of the Dh.73billion Downtown Dubai Complex, located off Sheikh Zayed Road, which is due to be completed during the year 2009.
However, Burj Dubai, will not be officially recognized as the tallest tower, until it is occupied. This condition is imposed by the Council for Tall Buildings and Urban Habitat, the organization that ranks the highest structures in the world.
On its completion during 2008, Burj Dubai, will also be the tallest tower in the world on the basis of all four criteria, listed by the Council on Tall Buildings and Urban Habitat.
The council measures the height until the top of the structure, the height upto the highest occupied floor, the height until the roof, and till the tip of the antenna, flag pole or the mast.
Burj Dubai took just 1276 days to be known as the tallest building in the world.
During the process of construction, Burj Dubai overtook the skyscrapers that were previously known as the tallest architecture around the world, such as the Empire State Building in New York with 381 m, the Jin Mao Building at Shanghai with 421m, the Sears Tower of Chicago (442 meters), and the Petronas Towers of Malaysia (452 meters).
The Chairman of Emaar Properties Mohamed Ali Alabbar, said "Four years ago, Burj Dubai was conceived as a ninety storey structure. But, with the inspiration from the UAE Vice President and Prime Minister and Ruler of Dubai, High Highness Shaikh Mohammed Bin Rashid Al Maktoum, to construct a global icon, we went ahead with further works on Burj Dubai."
He said "Burj Dubai is not only an architectural and engineering masterpiece in concrete, steel and glass. It is a human achievement that cannot be equaled. Burj Dubai will surely inspire the future generations to think and look beyond the ordinary and to challenge their mind and spirit."
The Council plans to hold its eighth world congress in Dubai next year, and will use Burj Dubai as a case study to point out to what extent the modern-day structures are pushing boundaries.
The Skyscraper with 141 storeys, has overtaken the Taiwan's 509m Taipei 101. The Burj also overtook the next highest, the Petronas Towers of Malaysia standing at 452m.
The tower forms a part of the Dh.73billion Downtown Dubai Complex, located off Sheikh Zayed Road, which is due to be completed during the year 2009.
However, Burj Dubai, will not be officially recognized as the tallest tower, until it is occupied. This condition is imposed by the Council for Tall Buildings and Urban Habitat, the organization that ranks the highest structures in the world.
On its completion during 2008, Burj Dubai, will also be the tallest tower in the world on the basis of all four criteria, listed by the Council on Tall Buildings and Urban Habitat.
The council measures the height until the top of the structure, the height upto the highest occupied floor, the height until the roof, and till the tip of the antenna, flag pole or the mast.
Burj Dubai took just 1276 days to be known as the tallest building in the world.
During the process of construction, Burj Dubai overtook the skyscrapers that were previously known as the tallest architecture around the world, such as the Empire State Building in New York with 381 m, the Jin Mao Building at Shanghai with 421m, the Sears Tower of Chicago (442 meters), and the Petronas Towers of Malaysia (452 meters).
The Chairman of Emaar Properties Mohamed Ali Alabbar, said "Four years ago, Burj Dubai was conceived as a ninety storey structure. But, with the inspiration from the UAE Vice President and Prime Minister and Ruler of Dubai, High Highness Shaikh Mohammed Bin Rashid Al Maktoum, to construct a global icon, we went ahead with further works on Burj Dubai."
He said "Burj Dubai is not only an architectural and engineering masterpiece in concrete, steel and glass. It is a human achievement that cannot be equaled. Burj Dubai will surely inspire the future generations to think and look beyond the ordinary and to challenge their mind and spirit."
The Council plans to hold its eighth world congress in Dubai next year, and will use Burj Dubai as a case study to point out to what extent the modern-day structures are pushing boundaries.
Labels: Burj Dubai, Dubai Real Estate, Emmar, Latest News
Marina Plaza, the first commercial tower in Dubai Marina, launched
Saturday, July 14, 2007
Emaar Properties, the Dubai-based developer, has launched Marina Plaza, the first commercial tower in the Dubai Marina master-development.
The freehold tower with twenty eight storey, forms a part of the Dubai Marina Mall Complex, and is seated on a podium of eight storey, facing the marina. The sales for office space within the tower, begins on Thursday, and the project is due for completion during 2009.
The Sales Director of Emaar, Saif Al Mansoori, said "Marina Plaza addresses the rising demand for business space in Dubai. Investors will be benefited from its ideal location within the most sought-after developments in the city."
The tower is expected to have 160 units, with six units in each floor and a complete penthouse floor.
Each floor will be wholly available for sale. The project will come up adjacent to the Dubai Marina Mall Complex.
The freehold tower with twenty eight storey, forms a part of the Dubai Marina Mall Complex, and is seated on a podium of eight storey, facing the marina. The sales for office space within the tower, begins on Thursday, and the project is due for completion during 2009.
The Sales Director of Emaar, Saif Al Mansoori, said "Marina Plaza addresses the rising demand for business space in Dubai. Investors will be benefited from its ideal location within the most sought-after developments in the city."
The tower is expected to have 160 units, with six units in each floor and a complete penthouse floor.
Each floor will be wholly available for sale. The project will come up adjacent to the Dubai Marina Mall Complex.
Labels: Commercial Property, Dubai Marina, Emmar, Freehold Property, Office Space
UAE Realty firms look beyond UAE
Friday, July 13, 2007
Despite being one of the most vibrant real estate industries, the UAE continues to pump a huge portion of its capital into overseas ventures.
Companies such as Emaar Properties, Tameer, Damac and ETA Star are targeting North Africa and South Asia. Emaar Properties has already launched about $110 billion worth of projects outside the UAE. The company has also now announced a new project, the Cairo Gate Mall, worth Dh.2.58 billion, in Egypt. The mall is expected to be the largest mall, covering 250,000 square meters in area.
"Emaar is diversifying some income sources and plans to generate sixty to seventy percent of revenues from its international operations," said Arif Amiri, the Director, business development, Emaar Properties.
Nakheel, though yet to venture outside Dubai, has recently announced the opening of Nakheel International, as a preparation for its overseas pursuits.
ETA Star, the Dubai-based company with a portfolio of Dh.7.5billion in the UAE, is already developing three projects overseas - The Jasmine Count and Technopark in Chennai, and The Gardens in Bangalore, with total value worth Dh.1.46billion invested in Indian developments alone.
Damac Properties has also emerged successful overseas. About more than half of its total portfolio comprises projects in Egypt. It has also expanded itself into Lebanon, Qatar, Kuwait and Turkey and is in the process of trying to secure a land bank in China.
Real estate analysts are of the opinion that this trend is likely to continue, with the maturing of the UAE property market, and dynamic emerging markets in Africa, Asia and Eastern Europe offer attractive returns.
The Property Consultants at the Colliers International are of the opinion that over the past five years, the real estate developers in UAE have done exceptionally well, and it is quite natural that they would want to succeed in international markets, as well.
Companies such as Emaar Properties, Tameer, Damac and ETA Star are targeting North Africa and South Asia. Emaar Properties has already launched about $110 billion worth of projects outside the UAE. The company has also now announced a new project, the Cairo Gate Mall, worth Dh.2.58 billion, in Egypt. The mall is expected to be the largest mall, covering 250,000 square meters in area.
"Emaar is diversifying some income sources and plans to generate sixty to seventy percent of revenues from its international operations," said Arif Amiri, the Director, business development, Emaar Properties.
Nakheel, though yet to venture outside Dubai, has recently announced the opening of Nakheel International, as a preparation for its overseas pursuits.
ETA Star, the Dubai-based company with a portfolio of Dh.7.5billion in the UAE, is already developing three projects overseas - The Jasmine Count and Technopark in Chennai, and The Gardens in Bangalore, with total value worth Dh.1.46billion invested in Indian developments alone.
Damac Properties has also emerged successful overseas. About more than half of its total portfolio comprises projects in Egypt. It has also expanded itself into Lebanon, Qatar, Kuwait and Turkey and is in the process of trying to secure a land bank in China.
Real estate analysts are of the opinion that this trend is likely to continue, with the maturing of the UAE property market, and dynamic emerging markets in Africa, Asia and Eastern Europe offer attractive returns.
The Property Consultants at the Colliers International are of the opinion that over the past five years, the real estate developers in UAE have done exceptionally well, and it is quite natural that they would want to succeed in international markets, as well.
Labels: Emmar, Nakheel, Real Estate Company, Real Estate News, UAE
Dubai Marina Mall unveiled
Tuesday, June 05, 2007
Emaar Properties has launched the Dubai Marina Mall complex, comprising an entertainment and shopping center. The Dubai Marina Mall, situated along the waterfront, is scheduled for opening during mid-2008.
The complex covers an area of 42,000 Sq. Mts., and comprises of various retail outlets that offer a wide range of shopping options, a Cineplex, restaurants, cafes and children's entertainment area. The basement will be of two levels, in addition to a five storey parking area that has the capacity to accommodate 3000 vehicles.
The retail subsidiary of Emaar Properties, the Emaar Malls Group, is expected to lease the retail space soon. The mall focuses on a balanced entertainment and retail facility to suit the requirements of visitors and the residents of Dubai Marina.
The Chief Executive of the Emaar Malls Group, Rashid Doleh, says "Dubai Marina is one of the most fashionable lifestyle neighbourhoods in the city, and the Dubai Marina Mall will enhance the quality of living of residents by serving as a one-stop shopping and entertainment destination"
Dubai Marina Mall is expected to have a strong clientele with the 75,000 odd population of Dubai Marina, and several thousand residents residing in the waterfront neighbourhood.
The complex covers an area of 42,000 Sq. Mts., and comprises of various retail outlets that offer a wide range of shopping options, a Cineplex, restaurants, cafes and children's entertainment area. The basement will be of two levels, in addition to a five storey parking area that has the capacity to accommodate 3000 vehicles.
The retail subsidiary of Emaar Properties, the Emaar Malls Group, is expected to lease the retail space soon. The mall focuses on a balanced entertainment and retail facility to suit the requirements of visitors and the residents of Dubai Marina.
The Chief Executive of the Emaar Malls Group, Rashid Doleh, says "Dubai Marina is one of the most fashionable lifestyle neighbourhoods in the city, and the Dubai Marina Mall will enhance the quality of living of residents by serving as a one-stop shopping and entertainment destination"
Dubai Marina Mall is expected to have a strong clientele with the 75,000 odd population of Dubai Marina, and several thousand residents residing in the waterfront neighbourhood.
Labels: Dubai Marina, Emmar, Shopping Mall
Burj Dubai Completes 130 floors
Friday, June 01, 2007
The Burj Dubai, expected to be the tallest tower in the world, yesterday completed its 130th floor.
The high tower, located in the Dh.73billion Downtown Dubai Complex, off Sheikh Zayed Road, is currently 468 meters tall, which is about 16 meters higher than the Petronas Towers in Kuala Lumpur at Malaysia and just 40.9 meters shorter than the Taipei 101 Tower, which is currently the tallest building in the world, and stands are 509 meters.
On completion of construction of Burj Dubai during 2008, Burj Dubai will be the tallest building in the world, and will be recognized by the Council on Tall Buildings and Urban Habitat (CTBUH), which ranks the tallest buildings in the world.
The Executive Director of CTBUH, Antony Wood, mentioned that he keeps getting proposals about the next tallest building in the world, though most of these remain in the conception stage.
He added that "We are basing our congress in Dubai next year and one key factor is the Burj Dubai will be more-or-less structurally topped out by then."
However, wood mentioned that for the Burj Dubai to gain recognition as the tallest tower in the world, it should be topped out structurally, should be able to reach its structural height, all cladding should be one and more than anything, it will have to be inhabited.
The 130 floors were completed in 1226 days ever since the excavation work began during January 2004. Ten cranes and the quickest high-capacity construction hoists in the world, that has a speed of 2m/sec are required to move men and materials.
The chairman of Emaar Properties ( the company behind the tower), Mohammed Ali Alabbar, said that Burj Dubai is almost reaching the top, and the construction work has gained a new shape in the field of engineering technology, as it is equivalent to none.
From now, every new level at Burj Dubai will be the terminating steps in building marvel that reiterates global capabilities. Burj Dubai is expected to remain a mixed use tower with residences, hotel, offices and retail spaces.
The high tower, located in the Dh.73billion Downtown Dubai Complex, off Sheikh Zayed Road, is currently 468 meters tall, which is about 16 meters higher than the Petronas Towers in Kuala Lumpur at Malaysia and just 40.9 meters shorter than the Taipei 101 Tower, which is currently the tallest building in the world, and stands are 509 meters.
On completion of construction of Burj Dubai during 2008, Burj Dubai will be the tallest building in the world, and will be recognized by the Council on Tall Buildings and Urban Habitat (CTBUH), which ranks the tallest buildings in the world.
The Executive Director of CTBUH, Antony Wood, mentioned that he keeps getting proposals about the next tallest building in the world, though most of these remain in the conception stage.
He added that "We are basing our congress in Dubai next year and one key factor is the Burj Dubai will be more-or-less structurally topped out by then."
However, wood mentioned that for the Burj Dubai to gain recognition as the tallest tower in the world, it should be topped out structurally, should be able to reach its structural height, all cladding should be one and more than anything, it will have to be inhabited.
The 130 floors were completed in 1226 days ever since the excavation work began during January 2004. Ten cranes and the quickest high-capacity construction hoists in the world, that has a speed of 2m/sec are required to move men and materials.
The chairman of Emaar Properties ( the company behind the tower), Mohammed Ali Alabbar, said that Burj Dubai is almost reaching the top, and the construction work has gained a new shape in the field of engineering technology, as it is equivalent to none.
From now, every new level at Burj Dubai will be the terminating steps in building marvel that reiterates global capabilities. Burj Dubai is expected to remain a mixed use tower with residences, hotel, offices and retail spaces.
Labels: Burj Dubai, Emmar
Burj Dubai progressing on schedule
Saturday, May 19, 2007
The Dh.73billion Burj Dubai, is making good progress to becoming the tallest tower in the world, and the final touches of installing curtain wall glass panels are now being carried out on the super-tower developed by Emaar Properties.
Burj Dubai currently has 125 floors and is one among the five tallest constructions in the world. The initial batch of cladding which includes 25 panels, have been specially fabricated with state-of-the-art engineering techniques. The curtain wall, made of high-performance material will add to the unique appearance of the building, and will protect the interiors of the building from external noise, moisture, wind and heat.
The installation floors are first being loaded with the cladding panels and will be moved to position by use of small cranes, and then the glass sheets will be hung using monorail series every 30 to 40 storeys. As for cleaning the cladding, an advanced system for window washing and frontage maintenance, twelve permanently installed telescopic building maintenance machines will be used for cleaning the cladding.
The Assistant Director (projects) of Emaar Properties, Greg Sang, mentioned that the Burj Dubai structure is progressing on schedule, and now that the installation of curtain walls have begun, the finishing works will continue at a fast pace. Also on keeping the tower’s façade in place, the graceful shape which was visualized in the architectural design will soon become a reality, he added.
Burj Dubai currently has 125 floors and is one among the five tallest constructions in the world. The initial batch of cladding which includes 25 panels, have been specially fabricated with state-of-the-art engineering techniques. The curtain wall, made of high-performance material will add to the unique appearance of the building, and will protect the interiors of the building from external noise, moisture, wind and heat.
The installation floors are first being loaded with the cladding panels and will be moved to position by use of small cranes, and then the glass sheets will be hung using monorail series every 30 to 40 storeys. As for cleaning the cladding, an advanced system for window washing and frontage maintenance, twelve permanently installed telescopic building maintenance machines will be used for cleaning the cladding.
The Assistant Director (projects) of Emaar Properties, Greg Sang, mentioned that the Burj Dubai structure is progressing on schedule, and now that the installation of curtain walls have begun, the finishing works will continue at a fast pace. Also on keeping the tower’s façade in place, the graceful shape which was visualized in the architectural design will soon become a reality, he added.
Labels: Burj Dubai, Business Tower, Emmar
Arabtec wins Dh.370m contract for Umm Al Quwain Marina
Wednesday, May 09, 2007
Arabtec Holding yesterday announced that it has been awarded a Dh.370m ($101 million) contract of designing and constructing villas at Umm Al Quwain Marina.
About 277 villas are being planned under the leadership of Emaar Properties. The project will be completed within two years.
With this, the total number of villas currently under construction by Arabtec will reach a total of 2,801, with 759 villas for Emaar, 558 for Dubai Properties and 1484 villas for Mohammed bin Rashid Housing Programme.
During the last four years, Arabtec had already completed 4,964 villas with 4,386 villas for Emaar properties at Emirates Lakes, Emirates Hills, Springs, Meadows, Arabian Ranches and about 560 villas for Dubai Silicon Oasis.
About 277 villas are being planned under the leadership of Emaar Properties. The project will be completed within two years.
With this, the total number of villas currently under construction by Arabtec will reach a total of 2,801, with 759 villas for Emaar, 558 for Dubai Properties and 1484 villas for Mohammed bin Rashid Housing Programme.
During the last four years, Arabtec had already completed 4,964 villas with 4,386 villas for Emaar properties at Emirates Lakes, Emirates Hills, Springs, Meadows, Arabian Ranches and about 560 villas for Dubai Silicon Oasis.
Labels: Arabtec, Emmar, New Contracts, Umm Al Quwain, Umm Al Quwain Marina
Emaar plans to ease out the purchase options for tenants
Saturday, February 17, 2007
Further to the announcement made by Emaar Properties to the tenants at The Greens, regarding the selling off properties which are now under rental, Emaar has now sanctioned additional time period for the tenants to arrive at their decisions.
Last week Emaar had sent a letter to the tenants that they had the option of buying their homes before they are sold out to outsiders, though the time allotted for arriving at their decisions for just one week.
Following this announcement, about 120 residents signed and submitted a letter to Emaar requesting for re-consideration of its announcement, as majority of the residents were not in a position to purchase flats, and the time allotted to them to arrive at their decision was also small.
Now, a spokesperson of Emaar Dubai has stated that on further discussions with Amlak Finance, they have decided to ease out the purchase options for tenants and have arrived at a better option, which could prove more beneficial. As per the current option, a three percent discount on the earlier price quoted is being offered. Hamptons, who is in-charge of managing the purchases willl provide more details regarding the discounts.
Emaar has also announced that it is willing to waive off the property registration fee, wherever applicable, which will further reduce the financial burden on tenants. Now, the tenants are also provided with an option of approaching any other mortgage provider, if required, in case they do not wish to route it through only Amlak Finance, Dubai. Amlak Finance was offering the tenants the option wherein only the principal amount profit needs to be paid in four easy installments during the first two years. The Principal payments will begin only after two years, thereby reducing payments significantly in the first two years.
Last week Emaar had sent a letter to the tenants that they had the option of buying their homes before they are sold out to outsiders, though the time allotted for arriving at their decisions for just one week.
Following this announcement, about 120 residents signed and submitted a letter to Emaar requesting for re-consideration of its announcement, as majority of the residents were not in a position to purchase flats, and the time allotted to them to arrive at their decision was also small.
Now, a spokesperson of Emaar Dubai has stated that on further discussions with Amlak Finance, they have decided to ease out the purchase options for tenants and have arrived at a better option, which could prove more beneficial. As per the current option, a three percent discount on the earlier price quoted is being offered. Hamptons, who is in-charge of managing the purchases willl provide more details regarding the discounts.
Emaar has also announced that it is willing to waive off the property registration fee, wherever applicable, which will further reduce the financial burden on tenants. Now, the tenants are also provided with an option of approaching any other mortgage provider, if required, in case they do not wish to route it through only Amlak Finance, Dubai. Amlak Finance was offering the tenants the option wherein only the principal amount profit needs to be paid in four easy installments during the first two years. The Principal payments will begin only after two years, thereby reducing payments significantly in the first two years.
Labels: Emmar
Emaar Properties wins award
Friday, November 03, 2006
Emaar Properties has won Construction Week’s ‘Developer of the Year’ award for its adherence to build quality, aesthetics, timely delivery and evidence of intelligent master-planning. Ahmad Al Matrooshi, UAE Managing Director of Emaar Properties received the award from Grahame McCaig, General Manager and Zeyad Baker, Deputy General Manager of Dutco Balfour Beatty.
The Developer of the Year Award from Construction Week, an industry-specific publication, is a great honour in its own kind. The winners were selected by a high-profile panel of construction industry experts by consensus.
Emaar has handed more than 14,500 homes in Dubai through its various projects including the Arabian Ranches. Emaar has announced several development projects in Saudi Arabia, Syria, Egypt, Morocco, Tunisia, Turkey, India and Pakistan.
The Developer of the Year Award from Construction Week, an industry-specific publication, is a great honour in its own kind. The winners were selected by a high-profile panel of construction industry experts by consensus.
Emaar has handed more than 14,500 homes in Dubai through its various projects including the Arabian Ranches. Emaar has announced several development projects in Saudi Arabia, Syria, Egypt, Morocco, Tunisia, Turkey, India and Pakistan.
Labels: Emmar, Property Awards
