Warsan Villas to contribute a profit of Dh2.2bn to Emaar
Monday, July 21, 2008
Emaar could make a profit of Dh.2.2bn, once its new master development Warsan Villas is complete within three years time, revealed an industry analyst.A contract worth Dh.599mn has been signed between Arabtec and Emaar to design, and develop 550 townhouses in the 3.4mn Square Foot development, located on Al Awir road. This implies cost of construction of each villa in Warson is a little more than Dh.1.08mn.
Emaar has not yet revealed the prices of the villas, although Warsan Estate has been rolled out on sale at a price of Dh.4.7mn for a townhouse. But, the local real estate websites indicate that Warsan three bedroom villas are priced at Dh.4.9mn to Dh.6.28mn.
This implies that Emaar is collecting minimum of Dh.4mn per villa on an average. Hence for the entire Warsan development, comprising 550 villas, Emaar is likely to gain a profit of Dh.2.2bn.
The construction of Warsan project will last for 30 months, with the villas being delivered phase by phase all through the construction period. Emaar now has four mega projects in Dubai, including the Dubai Marina, Arabian Ranches, Emirates Living and now, the Warsan.
Warsan Estate, spreading across 3.4mn Square Feet of space, is a residential community of villas. Warsan Estate would include 500 family homes on completion. The Warsan Estate features the usual high quality finish that all Emaar properties offer, being an excellent mix of amenities for residents. The spacious three bedroom townhomes range in size from 2463 Sq.Ft. to 2864 Sq. Ft. located amidst elegant landscapes.
The Warsan Estate townhomes feature slanted terracotta roofs, elegant arches, balconies, marble and granite countertops, ceramic flooring, bathroom, kitchen cabinetry, and grand bedrooms with ensuite bathrooms, and built-in wardrobes. The lifestyle amenities that are standard to Emaar, are also found in Warsan Estate, which includes a community plaza, full-fledged retail center, mosque and nursery school, Playcourts, swimming pool and shaded walkways.
With such huge demand for the Dubai properties, particularly villas, Warsan is likely to better fill in the shortage of family homes in the market. Located in close proximity to Global Village, Mushrif Park, and Dubai International Airport among others, Warsan is also easily accessible and connected to the Abu Dhabi, Sharjah, and rest of Dubai through Al Khail Road and Emirates Road.
Labels: Emaar, Residential, Villa Projects
Bloom Properties launches Bloom Gardens in Abu Dhabi
Sunday, July 20, 2008
Bloom Properties, the joint real estate development arm of Emirates International Investment Company (EIIC) and the National Holding is launching a luxury residential development Bloom Gardens, located on the prestigious Eastern Mangrove Corniche Road.
The development comprises 640 luxurious detached and semi-detached villas, apartments and townhouses along the seafront. Construction of the landmark project will commence in January 2009.
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The development comprises 640 luxurious detached and semi-detached villas, apartments and townhouses along the seafront. Construction of the landmark project will commence in January 2009.
Being an exclusive gated residential development, Bloom Gardens is just a short distance away from Mangroves. The gardens combine detached villas of four, five, six and seven bedrooms, apart from three and four bedrooms, townhouses, all in a lush landscaped environment, designed by renowned international architects.
Among the other amenities are the concierge services, guard-controlled access for pedestrians and vehicles, restaurants, serviced laundry, clubhouses, coffee shops, safe play areas, tennis and basketball courts, parking space within units, recreational building in the neighborhood, pool house, barbeque and picnic area, apart from retail outlets and convenience stores for everyday use and designer boutiques.
According to Hani Shammah, the CEO of Bloom properties, the Bloom Gardens will be ready by the first-half of 2011.
The Bloom brand takes a fresh approach to property, particularly community-oriented development, bringing about a new generation in property development, setting it apart from other developers in the capital.
Apart from Bloom Gardens, the company is currently developing large scale mixed-use, master-planned communities across the MENA region. The Bloom communities will include unique features with strong operators in hospitality, education, leisure and healthcare facilities, depending on the location.
Labels: Abu Dhabi, Community, Luxury Homes, Residential
Plus Properties launches Beirut Towers -luxury residential development
Thursday, July 10, 2008
A $125m luxury residential development, Beirut Towers, has been launched by the Dubai-based developer, Plus Properties, within the International Media Production Zone of TECOM. The project comprises of two towers - Verdun and Ashrafieh with 23 Storey each.
Designed by Agostine & Rafael, a renowned consultancy firm, drawing inspiration from the Lebanese culture and heritage, the floors of bot the towers will be named after famous street in Verdun and Ashrafieh, two of the most prestigious residential neighborhoods in Beirut. The names of the floor in Verdun Tower being - Dunes, Bristol, Ain Tine, Koraytem, Verdun 730 and Verdun 732; while that in Ashrafieh Tower are Sursok, Sodeco, Sahet Sassine, Monot, and Abdl Wahab.
The towers feature studio, single and double bedroom apartments on single or duplex floors.
The CEO of Plus Properties, Georges Chehwane, mentioned that the project is an evocative of Lebanon, and is sure to provide residents of Dubai, particularly the Lebanese nationals, with a taste of Beirut.
The CEO of Plus Properties, Georges Chehwane, mentioned that the project is an evocative of Lebanon, and is sure to provide residents of Dubai, particularly the Lebanese nationals, with a taste of Beirut.
A number of financing options have been placed before potential tenants by Plus Properties, including the use of escrow accounts.
The dates of commencement of Construction and completion of the project are yet to be announced by the developer. TECOM is the master developer of the project.
The residents can also gain access to major road networks such as Emirates Road, Sheikh Zayed Road, Al Khail Road, and landmarks like Dubai Knowledge Village, Dubai Media City, Mall of Emirates, Dubai Sports City and the forthcoming Al Maktoum International Airport, due to the proximity of IMPZ to these locations and landmarks.
On completion, IMPZ, which will stretch over 43million Square Feet of land, would be a cluster of media and production companies, with the free zone housing commercial, industrial, and residential and community service project.
Beirut Towers has already drawn an overwhelming response from international and regional investors during the open house sales launch event, which was held on 1st of this month at the Jumeirah Beach hotel.
Labels: Luxury Homes, New Developments, Residential
IRIS unveils Dh.2.5bn IRIS Mist in Maritime City
Tuesday, July 08, 2008
Iris, a leading property developer in the region, on Sunday, unveiled their new Dh.2.5bn residential development, Iris Mist at Dubai Maritime City.
Designed by the renowned architects, WS Atkins, this 200-meter tall structure is the first in the region to have taken the shape of patterned sea waves. The façade of the tower is to be built in layers of white pre-cast, glass and aluminium with various texture and colors.
Ideally located on plot R6 in the 'Harbour Residence District of Maritime City, the Iris Mist will be in proximity to Jumeirah Beach Road, Sheikh Zayed Road, Dubai International Airport and Bur Dubai.
On completion, this freehold development spreading across a built-up area of 850,000 square feet, will include 54 residential storey comprising 355 luxurious single, double and triple bedroom apartments, six retail outlets, apart from 28 units allocated as office space.
The residents will get to enjoy a wide spectrum of state-of-the-art facilities including health and fitness centers with swimming pools and retail area.
The Chief Executive of IRIS and Managing Director of Sheth Estate, Ashwin Sheth, mentioned that with this launch, the company has reconfirmed its interest to meet and surpass the expectation of investors who seek unique properties at competitive prices in a mixed-use locality.
He added that IRIS Mist has been designed to surpass the highest and safest international construction standards, and is thereby an ideal place to live in.
The tower will be ready for hand-over to residents by July 2011. Being a 'green building', the design of the tower makes use of amenities that reduce use of non-renewable resources, while also shutting down on pollutants and maximizing opportunities for passive cooling and ventilation.
Till date, IRIS has successfully launched various residential projects at Culture Village and Dubai Marina, including the IRIS Blue, which has been recently handed over to residents and investors.
IRIS has developed several luxurious residential and good quality commercial developments in UAE and India. The portfolio of IRIS in Dubai is worth US$1250mn and includes about US$250mn worth projects in India. IRIS aims to reach a portfolio of US$2.3bn during the next three to five years.
Labels: eco-friendly, Freehold Property, Luxury Homes, Residential
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
Emaar expands further with the launch of Warsan Estate
Monday, June 30, 2008
Emaar Properties has unveiled an exclusive residential community, Warsan Estate, at Al Awir Road. This project marks Emaar's expansion into new geographic locale in the city.
Located along an exclusive residential community on Al Awir Road, Warsan Estate is a medium-sized community whose master-plan is being finalized. Spreading across 3.4million square feet, Warsan Estate will include 500 single family townhomes, which is just apt for residents seeking the privacy of villa in a well-planned residential community.
Warsan Estate is located away from the bustle of the city, and is in close proximity with leisure avenues such as Global Village, Dubai Autodrome, while
also being easily accessible to Abu Dhabi, Sharjah and the rest of Dubai. Warsan Estate offers various lifestyle options that are usually found in Emaar communities.
The Managing Director of Emaar Properties - UAE, Ahmad Al Matoushi said "Warsan Estate is a reiteration of our commitment to develop world-class master-planned communities in Dubai.
Followed by four successful mega-projects in Dubai including the Arabian Ranches, Emirates Living, Downtown Burj Dubai and Dubai Marina, which are either handed over or in their final stages, we are now focusing on building a core competency of master-planned communities."
By developing new townhomes, Emaar caters to the fast-growing demand for villas and townhomes in the city.
Labels: Commercial Property, Emaar, Residential, Townhouses
Claren 2 residential towers unveiled by Emaar
Saturday, June 28, 2008
Emaar Properties has recently launched Claren 2, the mid-rise residential towers, which form a part of Claren district.
Designed by renowned architects, the Claren 2 residential towers comprise studios, single, double and triple bedroom apartments, which are located in easy access to lifestyle events at the Burj Dubai Boulevard.
Claren 2, located in close proximity to the Burj Dubai, the world's tallest building, and the new fountain in Burj Dubai Lake, offers a unique 'boulevard lifestyle'. The claren homes focus on maximizing the privacy of residents, are distinct in their own way due to their elegant design focus.
The sales for registered customers will take place on June 21st, 2008 at the Downtown Living Sales Center at the Abu Dhabi Sales Center from 9am to 6pm. Several financial institutions have come forward to offer easy home finance options.
Claren is the most sought-after residential zones within Burj Dubai due to its architectural elegance and access to lifestyle amenities. Claren 2 features two towers with 21 and 25 storeys.
The residents can look forward to a wide spread array of retail outlets, restaurants, and other entertainment options at Burj Dubai Boulevard, apart from a range of podium level amenities such as landscaped pool deck, swimming pools, children’s play area, fully-equipped gymnasium, and multipurpose rooms. Basement floors offer ample parking space, and connectivity to Burj Dubai Tram system.
Residents can also enjoy access to The Dubai Mall, the largest shopping and entertainment destinations in Dubai, due to open by end of this year, apart from Souk Al Bahar mall and other hotels.
Labels: Burj Dubai, Downtown, Emaar, Residential
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
Crescent Towers unveiled in Ajman's Marmooka City
Wednesday, June 18, 2008
A luxurious residential project, Crescent Towers, has been officially unveiled by Al Jabal Holdings in Ajman's Marmooka City.
Comprising 18 storey towers, the development has been designed by one of the oldest and most renowned architectural firms in UAE, Adnan Saffarini Engineering Consultants.
Al Jabel Real Estate development has forayed into the UAE realty sector through the launch of Crescent Towers, which is due for completion in October 2011. Each floor of the tower will have nine spacious apartments, including studios, single bedroom, double bedrooms and triple bedrooms.
Crescent Towers is located on the 12 lane Emirates Road highway, connecting Ajman to Dubai, with the Crescent Towers being ideally positioned at a short distance from one of the most unique coastlines in the UAE. Marmooka City, in particular, has drawn the attention of home seekers due to its unique master-plan and amenities.
"Marmooka City is developing its own city within a city comprising shopping malls, mosques, schools, and lush gardens at affordable prices, which is perhaps the most lucrative investment potential in the realty market today," says Saeed Ali Currimjee, the Managing Director, Al Jabal Real Estate.
The apartments will make maximum use of natural light, reflecting the environmentally friendly approach of Crescent Towers. Residents can enjoy the access to world-class amenities such as rooftop pool, state-of-the-art gym, and ample covered parking.
The Crescent Towers will be one of the most admired developments in the Marmooka City, offering spacious, tranquil and refined living, explains CEO of Adnan, Ahmad Saffarini. The Ajman government envisions the city as an international tourist destination and business hub.
Labels: Ajman, Luxury Homes, Residential
The Mansion - residential tower launched at Burj Dubai by Emaar
Saturday, June 14, 2008
One of the most magnificent residential complexes, The Mansion, has been unveiled by Emaar Properties at Burj Dubai, the world's tallest building.
Being an architectural masterpiece by itself, it is unique in the sense that all homes with 60-storey tower, open to receive direct views of Burj Dubai, and the magnificent fountain on the Burj Dubai Lake.
Located on the Burj Dubai Boulevard and Lakefront, The Mansion, has a private access and security, to create an exclusive neighborhood choice for interested buyers. Being a true luxury residential complex with in-tower retail options, The Mansion at Burj Dubai, is designed by the renowned Adrian Smith, the designer of Burj dubayy, the world's tallest building.
The Mansion features spacious, elegantly designed studios, single, double and triple bedroom apartments that render unparalleled views of Downtown Burj Dubai, the fountain in Burj Dubai Lake, the stellar water and music spectacle from the terraces and balconies of every unit.
On the 58th storey of the tower is a stunning penthouse with two large terraces, which is the perfect place for entertainment. The Mansion also includes an international restaurant at its lobby, which directly opens to render magnificent views of the fountain.
On the 58th storey of the tower is a stunning penthouse with two large terraces, which is the perfect place for entertainment. The Mansion also includes an international restaurant at its lobby, which directly opens to render magnificent views of the fountain.
According to the Sales Director, Emaar Properties, Saif Al Mansoori, The Mansion will be one of the crowning residential projects at Downtown Burj Dubai, as it blends three appealing elements - central location in Downtown Burj Dubai, magnificent views of Burj Dubai and the fountain in the Burj Dubai Lake, and a rich blend of retail and lifestyle amenities.
The Mansion, apart from being a gateway between the commercial and residential zones in Downtown Burj Dubai, is also an elegant work of architecture, which adopts subtle, alternating pattern of directionality on its window units, creating a dynamic woven texture. The vertical stone ribbons lining the southern facade will protect the units from harsh sun which also allowing light to pass through.
Residents can avail a range of lifestyle amenities at the Burj Dubai Boulevard, and enjoy the shopping and leisure options at the Dubai Mall, one of the largest shopping and entertainment zone in the world. Various other retail outlets and food and beverage facilities will also be available at the tower's retail plaza. Among the other amenities in the tower are the business center, fully-equipped gymnasium, entertainment area, swimming pool and sundeck.
The Mansion units will be open for sales at Burj Dubai from 14th June at Downtown Living Sales Center and at Abu Dhabi Sales Center at Emaar.
Labels: Burj Dubai, Downtown, Emaar, Luxury Homes, Residential
Lake Signature development unveiled in Ajman
Saturday, June 07, 2008
A leading real estate developer in the UAE, Gr8 Real Estate, has revealed the launch of Lake Signature, a residential project located at the Emirates Lake Towers, in Emirates City, Ajman.
The 30 storey development offers a range of studios, single and double bedroom units, with 100% ownership benefit, and UAE residence visa.
Other noteworthy features of this state-of-the-art residential tower are the 24 residential floors, G + 5 podium parking, provision for sporting such as Table Tennis, and Billiards, apart from Gymnasium, Sauna Room, Jacuzzi, Ladies Aerobic Hall, separate swimming pool for adults and children, an exclusive lobby, guest room, wireless internet and round the clock security.
Gr8 Holding is a subsidiary of Gr8 Group, which has made its significant presence felt in various industries over the last thirty years. Established in 2004, the company has carved a niche for itself in the UAE realty sector, and has been handling property sales, property management, leasing and brokerage.
The 30 storey development offers a range of studios, single and double bedroom units, with 100% ownership benefit, and UAE residence visa.
Other noteworthy features of this state-of-the-art residential tower are the 24 residential floors, G + 5 podium parking, provision for sporting such as Table Tennis, and Billiards, apart from Gymnasium, Sauna Room, Jacuzzi, Ladies Aerobic Hall, separate swimming pool for adults and children, an exclusive lobby, guest room, wireless internet and round the clock security.
Gr8 Holding is a subsidiary of Gr8 Group, which has made its significant presence felt in various industries over the last thirty years. Established in 2004, the company has carved a niche for itself in the UAE realty sector, and has been handling property sales, property management, leasing and brokerage.
Labels: Ajman, Residential
Ajman unveils Dh 2bn Smart City development
Wednesday, June 04, 2008
A member of the Giga Group, which is also one of the leading property developers in the region, namely Goldcrest Properties, has unveiled the Dh.2bn Smart City project - a freehold residential development, in Ajman.
Comprising eight luxury towers, across a built-up area of 4.2million square feet, along the Emirates Road, Smart City offers about 3500 luxury apartments including studios, single and double bedroom units.
The Managing Directors of Goldcrest Properties, Amir Giga is of the opinion that Smart City will surely be a picture of inspiration and the quality of planning and attention to detail employed in the project, will be highly appreciated by the residents of the community, both in terms of aesthetics and function.
The Giga Group is also offering in-house interest-free financing options with flexible payment options for the development.
Comprising eight luxury towers, across a built-up area of 4.2million square feet, along the Emirates Road, Smart City offers about 3500 luxury apartments including studios, single and double bedroom units.
The Managing Directors of Goldcrest Properties, Amir Giga is of the opinion that Smart City will surely be a picture of inspiration and the quality of planning and attention to detail employed in the project, will be highly appreciated by the residents of the community, both in terms of aesthetics and function.
The Giga Group is also offering in-house interest-free financing options with flexible payment options for the development.
Labels: Ajman, Freehold Property, Residential
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
Emaar's "M" Burj Dubai residential project unveiled
Thursday, May 01, 2008
"M" Burj Dubai is another latest inclusion in the list of trendy homes launched by Emaar Properties in Downtown Burj Dubai."M" Burj Dubai is a monumental residential project with two towers of 50 and 22 storey each. With its exceptional design by renowned award-winning architects, "M" Burj Dubai redefines the home experience with rich amenities, suited for the trendy lifestyle of home-owners.
The sale of studios, single and double bedroom apartments of "M" Burj Dubai will be opened from May 3rd at the Downtown Burj Dubai Sales Center and Abu Dhabi Sales Center on a first-come first-serve basis.
Many financial institutions have come forward with easy home finance solutions for the homes.
The close proximity of M Burj Dubai to Burj Dubai, the world's tallest building and The Dubai Mall, the largest shopping and entertainment destinations in the world, will render a stand-out value to "M" Burj Dubai.
The most unique aspect of "M" Burj Dubai, is the grand entrance lobby with ceilings that are 13mts in height, supported by elegantly carved columns. The ambience created by space and light runs though apartments, which render panoramic views of Downtown Burj Dubai. Every house features modern finishes, luxury fittings and advanced telecom and entertainment connectivity.
Residents of "M" Burj Dubai can get to enjoy the shopping opportunities at the neighboring Dubai Mall, due to open shortly, and also the retailing options at 'Souk Al Bahar', an Arabesque architecture inspired shopping mall. Other attractions include hotels such as The Palace, Qamardeen, Al Manzil and The Old Town, apart from easy connectivity to the business nerve-centers of Dubai.
The Sales Director at Emaar, Saif Al Mansoori, says "Downtown Burj Dubai is the most sought after home destination in Dubai, with its central location and a rich spread of lifestyle amenities. It is an excellent sterling addition to the residential components of the project, with its elegant architecture, range of amenities, including the shopping plaza within the towers, rooftop garden and extensive health and leisure choices."
"M" Burj Dubai is believed to define the evolution of residential property sector in Dubai, where demand is driven by three main factors, such as location, design and amenities.
Potential customers can visit Downtown Burj Dubai Sales Center and Abu Dhabi Sales Center on 3rd May from 9am to 6pm.
Downtown Burj Dubai is Emaar's mega flagship project, and the new center of the city, which constantly gains overwhelming customer response for its various commercial and residential project launches.
Labels: Downtown, Emaar, New-Dubai, 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
Foundation stone laid for Hydra Twin Towers Project at Jumeirah
Thursday, April 24, 2008
The foundation stone for Hydra Twin Towers Project at Jumeirah Village in Dubai has been laid by Dr. Sulaiman Al-fahim, the Chief Executive Officer of Hydra Properties.The first phase of work is likely to be complete by September this year.
The Hydra Properties Twin Tower comprises two residential towers, each of which comprises 32 storey each. Other project amenities include spacious car parkings, spas, shops, gymnasiums, community center, promenades, sports pitches, jogging trails, scenic cycling, schools, clinics, private gardens, restaurants, luxury cafes and other luxurious amenities.
The Hydra Properties Twin Towers are an exclusive community meant for luxury lifestyle, rendering tranquility and comfort.
"We are proud to lay the foundation stone, which marks the commencement of the prestigious project. We, at Hydra, are pleased with the progress of our work, which reflects the commitment of the company in providing superior quality developments. The coming period will witness the beginning of works and construction of many previously announced projects of Hydra Properties," said Dr. Al Fahim.
Labels: Community, Jumeriah Village, Luxury Homes, Residential
Nakheel launches Veneto, first exclusive residential community in Waterfront
Wednesday, April 16, 2008
Nakheel, the most innovative real estate developers in the world, has announced the launch of Veneto, the most exclusive residential district in Waterfront.
Being the first community to be launched in the largest coastal realty development of the world, Veneto is so designed to create an exclusive waterside neighbourhood on the fringe of Waterfront City in Dubai.
Comprising limited numbers of villas and low-rise townhouses, Veneto features City Center living close to Sheikh Zayed Road, each home located within a reach of less than 2kms from the coastline.
Veneto will have 1400 villas and townhouses, and 1200 low-rise apartments in Dubai. The handover during the initial phase of the villas will be during second half of 2009.
The villas and townhouses will have abundant space around the development, apart from a range of amenities such as the community centers, mosques, nurseries, schools, community pools and health care, apart from wonderful and tranquil environment amidst landscaped parks, waterfront boardwalks, tree-lined walkways, waterways and marina.
The Waterfront Managing Director, Matt Joyce, said "Nakheel launches the first community in Waterfront with immense pride. As far as Dubai is concerned, it is exceptionally rare that villas are located in such a close proximity to city center. So Veneto has something very unique to homebuyers, and more so, because this is a waterfront project."
Labels: Community, Nakheel, Residential, Water front
Cirrus announces launch of Aquarius Gate
Tuesday, April 08, 2008
Cirrus has announced plans to launch Aquarius Gate, a Dh.3billion mixed-use project at Nakheel's Waterfront Development.
The development will be the first one at the waterfront to house commercial and residential units, apart from also being the first to have an approval for operational trust account from Nakheel, and also the first to gain approval to sell properties from the Dubai Land Department.
Aquarius Gate is a mixed-use development comprising residential and commercial units at Madinat Al Arab, in the heart of Dubai. The beachfront community in the Waterfront will be adjacent to the beaches, a Metro-station, restaurants, shops, parks and other amenities. One side of the development will feature an art wall, which depicts the various Islamic cultures from around the world.
The commercial tower of the development offers panoramic views of the Arabian Gulf and the Palm Jebel Ali from its 29 storeys. The residential tower, on the other hand, offers views across the Marina, the Canal and the Palm Jebel Ali. The residential tower will include single, double and triple bedroom units, apart from townhouses.
Aquarius Gate is the second major development by Cirrus in Dubai. The Celestial Heights in Downtown Jebel Ali was the first. The Waterfront, located along the western shores of Dubai, will transform the 1.4bn square feet of empty desert and sea, into an international community. It will serve an estimated 1.5mn population and will be twice the size of Hong Kong.
The development will be the first one at the waterfront to house commercial and residential units, apart from also being the first to have an approval for operational trust account from Nakheel, and also the first to gain approval to sell properties from the Dubai Land Department.
Aquarius Gate is a mixed-use development comprising residential and commercial units at Madinat Al Arab, in the heart of Dubai. The beachfront community in the Waterfront will be adjacent to the beaches, a Metro-station, restaurants, shops, parks and other amenities. One side of the development will feature an art wall, which depicts the various Islamic cultures from around the world.
The commercial tower of the development offers panoramic views of the Arabian Gulf and the Palm Jebel Ali from its 29 storeys. The residential tower, on the other hand, offers views across the Marina, the Canal and the Palm Jebel Ali. The residential tower will include single, double and triple bedroom units, apart from townhouses.
Aquarius Gate is the second major development by Cirrus in Dubai. The Celestial Heights in Downtown Jebel Ali was the first. The Waterfront, located along the western shores of Dubai, will transform the 1.4bn square feet of empty desert and sea, into an international community. It will serve an estimated 1.5mn population and will be twice the size of Hong Kong.
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