Downtown Burj Dubai units announced for sale
Monday, July 14, 2008
Emaar Properties has announced sale of units in Downtown Burj Dubai beginning 12th July.
The units located in Standpoint, Burj Place, Burj Park V and "M" Burj Dubai, offer uninterrupted views of Burj Dubai, the world’s tallest building.
Customers get to choose from the studios, single, double and triple bedroom apartments. Several other units too, would be open for sale on the event.
Online registrations have already commenced for the limited number of homes and office units, and the registered customers would be served first registered, first served basis on the day of sales.
The customers can log on to www.emaar.com for registrations. The sales event will be hosted at the Downtown Living Sales Center and at the Abu Dhabi Sales Center of Emaar from 9am to 6pm.
The Downtown Burj Dubai has established itself as one of the most desired residential and commercial developments in Dubai. Apart from the amenities such as Souk Al Bahar, Dubai Mall and several hotels, the mega flagship project features few of the most architecturally exceptional buildings, including Burj Dubai.
The Downtown Burj Dubai is a mixed-use development in Dubai, and is the new 'heart of the city'. Several homes in the development have already been delivered to customers, and the shopping centers, hotels and business houses render a vibrant outlook to the community.
Al Qudra's Lilac Tower open for sale
Friday, July 04, 2008
Al Qudra real estate has announced its third and final sales offer of the Shades project, the Lilac Tower, at the core of Shams Abu Dhabi, a project master-planned by Sorouh. The Shades project includes five towers-Amber, Lime, Lilac, Azure and Carmine.
Lilac overlooks the Central Park at Shams Abu Dhabi and has been designed to offer unparalleled luxury and comfort. This wonderful infrastructure has 50 Storeys to its credit, comprising studios, single and double bedroom apartments, complemented by a range of quality amenities.
Among the other amenities of the tower are a landscaped rooftop terrace, a business and day care center, fitness and entertainment areas, swimming pool, and ample underground spaces for parking.
The project is open for sale to both UAE nationals and expatriates during the two road shows to be held at the InterContinental Hotel in Abu Dhabi on Saturday, the 5th July, and at the Westin Dubai Mina Seyahi Beach Resort and Marina on Sunday, the 6th July.
Due for completion by 2011, the project offers residents a one-stop-shop intelligent home solution with air conditioning, entertainment and other appliances all under a single roof.
The Acting CEO of Al Qudra Real Estate, Claus Peter Rees, said Lilac Tower has been launched in June and is now looking to commence sales and is hoping for great success.
Rees disclosed that the project has been offered with flexible financing options that offer buyers the opportunity to purchase both floors and individual units under an attractive payment scheme with 30% of amount to be paid during construction period and rest 70% to be given on completion of construction.
Social BookmarkingLilac overlooks the Central Park at Shams Abu Dhabi and has been designed to offer unparalleled luxury and comfort. This wonderful infrastructure has 50 Storeys to its credit, comprising studios, single and double bedroom apartments, complemented by a range of quality amenities.
Among the other amenities of the tower are a landscaped rooftop terrace, a business and day care center, fitness and entertainment areas, swimming pool, and ample underground spaces for parking.
The project is open for sale to both UAE nationals and expatriates during the two road shows to be held at the InterContinental Hotel in Abu Dhabi on Saturday, the 5th July, and at the Westin Dubai Mina Seyahi Beach Resort and Marina on Sunday, the 6th July.
Due for completion by 2011, the project offers residents a one-stop-shop intelligent home solution with air conditioning, entertainment and other appliances all under a single roof.
The Acting CEO of Al Qudra Real Estate, Claus Peter Rees, said Lilac Tower has been launched in June and is now looking to commence sales and is hoping for great success.
Rees disclosed that the project has been offered with flexible financing options that offer buyers the opportunity to purchase both floors and individual units under an attractive payment scheme with 30% of amount to be paid during construction period and rest 70% to be given on completion of construction.
Emaar Bawadi unveils Maysan Towers at Asmaran
Tuesday, July 01, 2008
Emaar Bawadi, the joint venture between Emaar Properties and Bawadi, has unveiled Maysan Towers, the first residential tower complex, comprising three high-rise apartment towers within Asmaran master-planned community in Bawadi, spreading 70million square feet.
The registered customers can purchase homes on a 'first come first served' basis on 30th June during a sales event held at the Asmaran Sales Center located on Al Qudra Road. The sales center will display a model two-bedroom apartment, so that homeowners get a picture of Maysan residential apartment experience. Several financial institutions have come forward offering easy home finance options.
Located just minutes away from the Bawadi Square, the Maysan Towers community is located in lush landscaped surroundings, with a range of lifestyle amenities and community services. Ample parking space is offered on three basement floors and four partial podium levels.
Designed in elegant Mediterranean style, the Maysan Community includes three residential towers of 30, 26 and 24 storeys each. Located within the entertainment and hospitality districts of Asmaran, the Maysan captures the dynamism of Bawadi Boulevard, Bawadi Square and retail and entertainment souk.
Maysan is also in close proximity to world-class hotels, including the world's largest hotel located in Bawadi. Residents get to enjoy amenities such as fully equipped gymnasium, swimming pools, children play area and games rooms, apart from underground parking and retail. The nine feet high ceilings in rooms add to the feeling of space and light, with all rooms having tinted double glazed windows for comfort and privacy. The kitchen is equipped with bench-top ceramic, 4-burner electric hotplate, refrigerator and dishwasher.
The Chief Executive Officer of Bawadi, Arif Mubarak, commented that Asmaran is a path-breaking development, that brings an integrated lifestyle community, and the new apartment complex will be appealing to those who prefer a home in one of the most happening destinations in Dubai, but away from the regular bustle of the city.
The Managing Director of Emaar Bawadi, Issam Galadari, said that, Maysan Towers are the first residential apartments showcased at Asmaran, an integrated neighborhood that has established itself as a sought-after home destination. The Meysan residential tower emphasizes the development expertise of Emaar and Bawadi, two leading developers in Dubai.
Asmaran will be completed in phases, and after completion, it will be home to a population of 55,000, featuring family-oriented theme park, a mall spreading across 3million Sq. ft., commercial space of 4mn Sq. Ft., more than 5300 serviced apartments, nine world-class restaurants, and a wide range of retail and leisure amenities.
Labels: Asmaran, Bawadi, Emaar, New Developments, Sales
Morina Residences meet record sales
First Dubai Real Estate Development Company has reported record sales on its first launch of residential units at Morina Residential Tower, situated near the Gate of Shams Abu Dhabi on Al Reem Island.
The Vice President - Sales and Marketing, Abudul Rahman Al Kandari was quoted as saying that about 25 percent of the project has been sold generating revenue of Dh.136m, as per the marketing plans, while the total value of the project is Dh.400m. The Company has agreed to resume sales even during the construction process, so as to study the price trends in Abu Dhabi market and to take advantage of the current boom.
The project, as of now, is progressing on schedule. Excavation, piling and construction has begun. This distinguished residential project is one of the most important ones in the Abu Dhabi portfolio.
Comprising 29 storeys, the tower covers an area of 63.572 sq. ft., offering exclusive executive homes with stunning canal views, amidst mangrove trees, ample green space and leisure amenities.
According to Al Kandari the strategic location of the tower in proximity of main amenities at Shams Abu Dhabi, public transport network, and water taxis, has added to value of Morina Residences.
The residences are a wide choice of single, double and triple bedrooms, ranging from executive houses to one or two level duplex and exquisite homes of high design and quality. The units are well-equipped with all necessary home appliances with each flat owning a balcony or more. The towers include 24 hour concierge facility, swimming pools, fitness center, club, children’s play area, information center, reception hall, terrace, parking spaces and more.
Al Kandari assured that the company will work towards offering the best quality at Morina Residential Tower, introducing state-of-the-art project, with the same quality of amenities as the recently completed Sky Gardens residential project at DIFC.
Labels: Abu Dhabi, Al Reem Island, Latest News, Sales
Emaar unveils The Grand Boulevard homes at Downtown Burj Dubai
Thursday, June 26, 2008
Emaar Properties has announced the launch of The Grand Boulevard, an architecturally spectacular twin-tower residential complex on the Burj Dubai Boulevard.
Designed by internationally renowned architects, the towers maximize views of Burj Dubai, the world's tallest building. They feature a theater, an extensive range of leisure amenities, and two storeys of retail, apart from a vast array of leisure amenities.
Emaar has called prospective buyers and investors to register on-line at www.emaar.com beginning 8am on 25th June till 11am on 27th June. Sales for registered customers will be done on the day of launch, i.e., 28th June 2008 at the Downtown Living Sales Center and at Emaar's Abu Dhabi sales center from 9am to 6pm.
Easy home finance options are being offered by several finance institutions on purchase of studios, single, double and triple bedroom apartments and duplexes. The entry to the towers is through a spacious and luxurious lobby area, with the podium featuring a theatre along with wide range of retail options, apart from five levels of parking space.
The Grand Boulevard, located at Downtown Burj Dubai, is known for its unique design, making it an urban destination, which is one-of-a-kind within Downtown Burj Dubai. The observation rooms and terraces of the complex draw inspiration from the architectural experience of Burj Dubai.
The Grand Boulevard also abides by Emaar's commitment towards Green Dubai vision. The duplex units have double-height which ensures full-height views of the tower, while the large terraces permit al fresco activities with views of Burj Dubai.
Among the other amenities are the multi-sports area, swimming pools for adults and children, and lush landscapes. All units feature smart-home capabilities, and all residences have the provision of advanced telecom, entertainment and internet connectivity.
All homes are done with quality finishes, with the porcelain ceramic floor tiles and full-height wooden floors. The floor-to-ceiling and wall-to-wall windows will roll down shades that help manage solar heat consumption while also reducing the glare. Even the kitchens and bathrooms are fitted with quality modern fittings.
Apart from enjoying the royal amenities at The Boulevard homes, the residents also gain an easy access to Dubai World Trade Center, Dubai International Financial Center, and other business nerve-centers in the city.
Downtown Burj Dubai is the latest neighborhood in Dubai offering a community lifestule. The 500-acre development includes three world-class hotels, a shopping mall with traditional Arab architectural elements, apart from quite a few noteworthy amenities. The residential projects that have been launched in Downtown Burj Dubai have so far received overwhelming response.
Labels: Community, Downtown, Luxury Homes, Sales
Al Fara'a announces complete sales of Image Residences first phase
Thursday, May 22, 2008
Al Fara'a Properties, a flagship subsidiary of Al Fara'a Construction, Industrial and Property Group, has announced complete sales of the first phase of Dh.505mn 'Image Residences', within days after launch.Being a luxury residential project, it generated interest from global and regional investors. The developer seeks to leverage the project's sales to further strengthen their expansion plans.
The success of the project has been attributed to its high quality and wide range of offerings, which include studio, single, double, and triple bedroom apartments and townhouses. Comprising 17 storey and 11 storey tower, the development boasts of smart home technology, apart from other amenities such as landscaped leisure deck on the podium, swimming pool, childrens pool, fully-equipped gym, and outdoor seating, and BBQ area.
The retail outlets on the groundfloor are also available for benefit of future residents. Image Residences are the perfect fit at the Downtown Jebel Ali development, which is a 200 hectare mixed-use urban community, stretching 11km across Sheikh Zayed Road and comprises three individual districts- The Trellis District, the Urban Center and Medina. The Medina District will be the ideal backdrop to Image Residences and other mid and low-rise residential neighborhoods.
Small cafes, courtyards, plazas and local shops actually accentuate the overall family-friendly environment of the district, that boasts of cobblestone streets and pathways which entice residents to walk around and experience the tranquility of new residential hub.
Labels: Latest News, Luxury Homes, Sales
Emaar unveils sale of unique signature residences
Saturday, May 10, 2008
Emaar Properties plans to unveil a series of exclusive signature residences in its well-known master planned communities on 10th May 2008. The special sale of premium residences within The Views, The Lakes, Dubai Marina and Downtown Burj Dubai will be open for a day, and will be allotted on a 'first-come, first-serve-basis, offering easy home finance options to several financial institutions.
Among the portfolio of homes for sale are the villas, apartments, and townhouses that are distinguished from each other by their architectural elegance, location, and easy access to amenities such as the Deema townhouses with terraces overlooking The Lakes, the Tanaro apartments at The Views that offer wonderful golf course views, and a group of apartments in Downtown Burj Dubai and Dubai Marina.
The Views and The Lakes, that form a part of Emirates Living, are a group of established communities by Emaar. The Deema townhouses in The Lakes are situated amidst placid lakes and are easily accessible to world-class golf courses. The tranquil parks and waterways add to the quality of living in the community. The Views offer spectacular views of the nearby golf course. The Tanaro is a residential tower that is highly in demand, due to its easy access to Emaar Business Park commercial building cluster.
The Downtown Burj Dubai is another mega-flagship project of Emaar, which anchors Burj Dubai, the tallest building in the world, and The Dubai Mall, the largest shopping and entertainment destination in the world, among many other attractions. The customers get to choose from a wide range of apartments ideally located in elegantly designed residential projects, with most homes offering views of Burj Dubai.
Dubai Marina is one of the first and largest waterfront projects in the region, offering Riviera-styled lifestyle against the backdrop of Marina, and the 11km stretch boardwalk, which includes a rich spread of retail outlets and restaurants. The residential projects by Emaar located on the waterfront location, offers wide array of amenities for residents.
Emaar's residential communities are one among the most desired properties in Dubai, and the sale is considered to be a good and unique opportunity for potential home-owners to be a part of the vibrant Emaar community.
Potential customers are welcome to visit the Downtown Living Sales Center and Abu Dhabi Sales Center on 10th May between 9am and 6pm, or call toll-free 800-EMAAR or log on to www.emaar.com for details.
Social BookmarkingAmong the portfolio of homes for sale are the villas, apartments, and townhouses that are distinguished from each other by their architectural elegance, location, and easy access to amenities such as the Deema townhouses with terraces overlooking The Lakes, the Tanaro apartments at The Views that offer wonderful golf course views, and a group of apartments in Downtown Burj Dubai and Dubai Marina.
The Views and The Lakes, that form a part of Emirates Living, are a group of established communities by Emaar. The Deema townhouses in The Lakes are situated amidst placid lakes and are easily accessible to world-class golf courses. The tranquil parks and waterways add to the quality of living in the community. The Views offer spectacular views of the nearby golf course. The Tanaro is a residential tower that is highly in demand, due to its easy access to Emaar Business Park commercial building cluster.
The Downtown Burj Dubai is another mega-flagship project of Emaar, which anchors Burj Dubai, the tallest building in the world, and The Dubai Mall, the largest shopping and entertainment destination in the world, among many other attractions. The customers get to choose from a wide range of apartments ideally located in elegantly designed residential projects, with most homes offering views of Burj Dubai.
Dubai Marina is one of the first and largest waterfront projects in the region, offering Riviera-styled lifestyle against the backdrop of Marina, and the 11km stretch boardwalk, which includes a rich spread of retail outlets and restaurants. The residential projects by Emaar located on the waterfront location, offers wide array of amenities for residents.
Emaar's residential communities are one among the most desired properties in Dubai, and the sale is considered to be a good and unique opportunity for potential home-owners to be a part of the vibrant Emaar community.
Potential customers are welcome to visit the Downtown Living Sales Center and Abu Dhabi Sales Center on 10th May between 9am and 6pm, or call toll-free 800-EMAAR or log on to www.emaar.com for details.
Labels: Emaar, Latest News, Sales
DWC Residential City Phase 2 sales on March 25th, 26th
Tuesday, March 25, 2008
The Phase II plots of Dubai World Central's 715-hectare Residential City will be launched on sale on 25th and 26th March at Hotel Grand Hyatt, Dubai.
The plots are expected to be sold out, generating a sale of Dh.6bn, according to Khalid Bin Harib, the CEO, Dubai World Central.
The estimates are based on the sales registration that took place at the International Property Show last month for 284 plots that range from 2000 to 12000 square meters in size.
The Phase two covers a total of 140 hectares, and is the largest among all the five phases of the DWC Residential City. The Residential City will eventually house 53,000 people across 18,000 units.
Land grading work for the phase 2 is complete, with 19 plots being allocated for mixed-use development, while nine plots are reserved for commercial and public amenities such as hotels, malls, schools, mosques, health centers, parks and fuel stations.
The Dubai World Central proposition of being close to workplace in an affordable housing is drawing considerable interest from potential buyers, reveals Khalid.
The land registrations during the past couple of months have grown beyond expectations with major regional property developers having expressed interest in providing affordable housing.
The Phase one sales was complete with 24 hours of launch, due to huge developer demand at the DWC Residential City.
The Residential City will have single to four bedroom apartments of various sizes, in five to ten storey buildings. The unique aspect of DWC Residential City being served by its own light rail, linked to the Dubai Metro, will provide easier transportation within the city and outwards to the existing Dubai City Center.
The Dubai World Center is a 140 square kilometer urban aviation community centered around the world's largest international airport, located 40 kilometers from the existing Dubai International Airport. The project is twice the size of Hong Kong Island.
Social BookmarkingThe plots are expected to be sold out, generating a sale of Dh.6bn, according to Khalid Bin Harib, the CEO, Dubai World Central.
The estimates are based on the sales registration that took place at the International Property Show last month for 284 plots that range from 2000 to 12000 square meters in size.
The Phase two covers a total of 140 hectares, and is the largest among all the five phases of the DWC Residential City. The Residential City will eventually house 53,000 people across 18,000 units.
Land grading work for the phase 2 is complete, with 19 plots being allocated for mixed-use development, while nine plots are reserved for commercial and public amenities such as hotels, malls, schools, mosques, health centers, parks and fuel stations.
The Dubai World Central proposition of being close to workplace in an affordable housing is drawing considerable interest from potential buyers, reveals Khalid.
The land registrations during the past couple of months have grown beyond expectations with major regional property developers having expressed interest in providing affordable housing.
The Phase one sales was complete with 24 hours of launch, due to huge developer demand at the DWC Residential City.
The Residential City will have single to four bedroom apartments of various sizes, in five to ten storey buildings. The unique aspect of DWC Residential City being served by its own light rail, linked to the Dubai Metro, will provide easier transportation within the city and outwards to the existing Dubai City Center.
The Dubai World Center is a 140 square kilometer urban aviation community centered around the world's largest international airport, located 40 kilometers from the existing Dubai International Airport. The project is twice the size of Hong Kong Island.
Labels: Dubai-Residential-City, Latest News, Sales
Real estate sales peaked to Dh 1.16bn last week
Saturday, March 01, 2008
Real Estate Sales in Dubai last weeks peaked to Dh.1.16bn, reveals Dubai Land Department.
Al Warsan First recorded the highest sale for a plot with Dh.39,500,500 followed by Al Farsan First at Dh.35,000,000 for the sale of a building.
The villa sales for the week were done at Emirates Hills Third. The total value of land sales recorded, was the highest on 27th February 2008, Wednesday, at Dh.279,475,904.
The combined value of plot sales, flat-sales and villa-sale for the period was Dh.715.9mn, Dh.114.8mn and Dh.18.36mn respectively.
The Construction sector in Dubai, in the meanwhile, is well up-to-the mark, and is on par with the surging demand for space in the emirate.
Trakhees, the Civil Engineering Department of Ports, Customs and Free Zone Corporation has issued an average of 250 permits per day for construction of buildings in Dubai last year.
The Managing Director of Trakhees, Nazek Al Sabbagh, said "The growth in construction sector of Dubai, is ahead of demand, and recorded significant growth last year. Dubai is a world-class city which will see numerous state-of-the-art buildings in days to come."
Also, with the maturing markets of Dubai real estate and construction sectors, the emirate witnessed a considerable drop (from 30% in 2006 to 10% in 2007) in number of construction violations during the past year.
Social BookmarkingAl Warsan First recorded the highest sale for a plot with Dh.39,500,500 followed by Al Farsan First at Dh.35,000,000 for the sale of a building.
The villa sales for the week were done at Emirates Hills Third. The total value of land sales recorded, was the highest on 27th February 2008, Wednesday, at Dh.279,475,904.
The combined value of plot sales, flat-sales and villa-sale for the period was Dh.715.9mn, Dh.114.8mn and Dh.18.36mn respectively.
The Construction sector in Dubai, in the meanwhile, is well up-to-the mark, and is on par with the surging demand for space in the emirate.
Trakhees, the Civil Engineering Department of Ports, Customs and Free Zone Corporation has issued an average of 250 permits per day for construction of buildings in Dubai last year.
The Managing Director of Trakhees, Nazek Al Sabbagh, said "The growth in construction sector of Dubai, is ahead of demand, and recorded significant growth last year. Dubai is a world-class city which will see numerous state-of-the-art buildings in days to come."
Also, with the maturing markets of Dubai real estate and construction sectors, the emirate witnessed a considerable drop (from 30% in 2006 to 10% in 2007) in number of construction violations during the past year.
Labels: Real Estate News, Sales
Dubai records high real estate sales of Dh.2.28bn
Monday, February 25, 2008
The real estate sales in Dubai during the week touched Dh.2.28bn, according to Dubai Land Department.
The property transactions including villa, land and apartment sales were high between 17th and 20th February 2008. The land sales, particularly, was the highest on 20th Feb, 2008. The total amount of transactions on 20th February, alone, touched Dh.1.13million.
The total value of land sales during the period was Dh.2.17 billion, while the apartments recorded a sale of Dh.92.2 millions, and villas recorded a sale of Dh.9.5 million.
Highest land sale was registered at Emirates Hills First (Dh. 380 million), followed by Al Hamriya (Dh.350 million).
The total value of mortgage sales during the 19th and 20th February was Dh.998.07 million
Social BookmarkingThe property transactions including villa, land and apartment sales were high between 17th and 20th February 2008. The land sales, particularly, was the highest on 20th Feb, 2008. The total amount of transactions on 20th February, alone, touched Dh.1.13million.
The total value of land sales during the period was Dh.2.17 billion, while the apartments recorded a sale of Dh.92.2 millions, and villas recorded a sale of Dh.9.5 million.
Highest land sale was registered at Emirates Hills First (Dh. 380 million), followed by Al Hamriya (Dh.350 million).
The total value of mortgage sales during the 19th and 20th February was Dh.998.07 million
Labels: Dubai Real Estate, Latest News, Sales
Dubai World Central Phase II land sales registrations begins at IPS 2008
Tuesday, February 19, 2008
Registrations have commenced for the Phase II of the freehold land sales at Dubai World Central, the urban land project in Jebel Ali. The registrations are open at the International Property Show (IPS) 2008 being held in the Dubai International Exhibition Center, between the 17th and 19th February 2008.
Actual land sales for the plots with sizes ranging from 5000 to 12000 Sq. Mts., will however, commence only next month.
With over 184 hectares of land, being available in Phase 2, the Residential City of the DWC, the largest phase of the city, is expected to house around 53,000 people. The Phase 2 will have about 19 plots, meant for mixed-use, while 9 plots will be reserved for public and commercial purposes, such as malls, schools, hotels, mosques, health centers, fuel stations and parks.
The Dubai World Central, CEO, Khalid bin Harib, said "With the first phase of the project completely sold out last year, yielding sales worth Dh.2.5bn, the second phase has now produced about 700 potential customers. We expect the same response during the registration at the IPS Dubai event. "
Social BookmarkingActual land sales for the plots with sizes ranging from 5000 to 12000 Sq. Mts., will however, commence only next month.
With over 184 hectares of land, being available in Phase 2, the Residential City of the DWC, the largest phase of the city, is expected to house around 53,000 people. The Phase 2 will have about 19 plots, meant for mixed-use, while 9 plots will be reserved for public and commercial purposes, such as malls, schools, hotels, mosques, health centers, fuel stations and parks.
The Dubai World Central, CEO, Khalid bin Harib, said "With the first phase of the project completely sold out last year, yielding sales worth Dh.2.5bn, the second phase has now produced about 700 potential customers. We expect the same response during the registration at the IPS Dubai event. "
Labels: land, Property-show, Sales
Sale of Al Madar's Scala an Siraj towers, a huge success
Monday, February 04, 2008
Al Madar's Scala and Siraj Towers have brought about robust sales for the company.
The 18 storey residential complex, Scala Tower, with 182 apartments, located at Business Bay, Dubai, has been completely sold out. On the other hand, the 30 storey residential complex, Siraj Tower, located at Arjan in dubailand, has been 50 percent sold out, revealed the property developer.
"Both the Towers have achieved enormous sales success, which far exceeds out expectations. We believe that this could be the fruitful result of our commitment to deliver on time, top-class properties, that are greatly appreciated by clients and investors. Also, Dubai's increasing reputation of being an attractive investment destination, has also been vital to the success of Al Madar," quoted the Group Managing Director, Haider Mashhadi.
Al Madar already has a range of exciting projects in pipeline for the current year, including Bellagio, an office tower at Liwan in Dubai, Coppet, and commercial facility at Arjan - Dubai, apart from purchase of various leading properties across major locations in Doha, GCC and Dubai. As a part of its expansion plans for the current year, Al Madar has also begun construction of two more office towers and a hotel in Doha, and has purchased a new plot in Lusail, and a comprehensive integrated development in Qatar where a 15-storey building is likely to be constructed by the company.
Social BookmarkingThe 18 storey residential complex, Scala Tower, with 182 apartments, located at Business Bay, Dubai, has been completely sold out. On the other hand, the 30 storey residential complex, Siraj Tower, located at Arjan in dubailand, has been 50 percent sold out, revealed the property developer.
"Both the Towers have achieved enormous sales success, which far exceeds out expectations. We believe that this could be the fruitful result of our commitment to deliver on time, top-class properties, that are greatly appreciated by clients and investors. Also, Dubai's increasing reputation of being an attractive investment destination, has also been vital to the success of Al Madar," quoted the Group Managing Director, Haider Mashhadi.Al Madar already has a range of exciting projects in pipeline for the current year, including Bellagio, an office tower at Liwan in Dubai, Coppet, and commercial facility at Arjan - Dubai, apart from purchase of various leading properties across major locations in Doha, GCC and Dubai. As a part of its expansion plans for the current year, Al Madar has also begun construction of two more office towers and a hotel in Doha, and has purchased a new plot in Lusail, and a comprehensive integrated development in Qatar where a 15-storey building is likely to be constructed by the company.
Labels: Business Bay, Residential, Sales
Abu Dhabi's Empire Tower meets huge response from investors
Monday, January 21, 2008
Empire International Investments, the real estate division of the multi-disciplinary Empire Group, has announced that about 160 units in their prestigious 'Empire Tower' development, has been sold out. The sales have remained good, despite the recent price hike of 12%.
The project, which is worth Dh.1.2 trillion or more, has about Dh.850million absorbed by the construction sector. The 57 storey residential tower, which was originally named as Waterfront Residence, has been designed by world renowned architects AEDAS.
Located within Shams Abu Dhabi, adjacent to Central Park and the future landmark Quad Building, the building comprises one, two, three and four bedroom apartments, which offer spectacular sea and Central Park views. Other features include swimming pool, sundeck, spa, gym, landscaped garden, underground secure parking and rooftop helipad.
During the past one year, the real estate sales in Abu Dhabi have increased steadily, and the demand for quality residential and commercial property in the city has been much in demand. This comes as good news to all potential investors' planning to invest in Abu Dhabi market.
The Empire Tower units will be sold during the International Real Estate and Investment Show, at stand B8, the ADNEC, from 30th January to 2nd February 2008.
Social Bookmarking
The project, which is worth Dh.1.2 trillion or more, has about Dh.850million absorbed by the construction sector. The 57 storey residential tower, which was originally named as Waterfront Residence, has been designed by world renowned architects AEDAS.Located within Shams Abu Dhabi, adjacent to Central Park and the future landmark Quad Building, the building comprises one, two, three and four bedroom apartments, which offer spectacular sea and Central Park views. Other features include swimming pool, sundeck, spa, gym, landscaped garden, underground secure parking and rooftop helipad.
During the past one year, the real estate sales in Abu Dhabi have increased steadily, and the demand for quality residential and commercial property in the city has been much in demand. This comes as good news to all potential investors' planning to invest in Abu Dhabi market.
The Empire Tower units will be sold during the International Real Estate and Investment Show, at stand B8, the ADNEC, from 30th January to 2nd February 2008.
Labels: Abu Dhabi, Residential, Sales
Mizin Remraam Phase I units sold out successfully
Tuesday, November 27, 2007
Mizin, a member of Tatweer, has announced that the low-rise community Remraam Phase 1, which was announced on 20th November 2007 has been sold completely.
The first phase of the project comprising low0rise Arabian themed buildings with seven storeys and 2090 units is the first of its kind in a large scale development that combines upscale living with value for money proposition.
The CEO of Mizin, Sami Al Hashimi, expressed his happiness over the fact that following the successful launch of Majan, Liwan and Arjan, now Remraam Phase 1 units has drawn lot of consumer interest and has been sold out completely, which indicates once again, the interest that the customers have placed in the company's developments.
The Mizin Phase 2 is expected to be launched during early 2008.
Social Bookmarking
The first phase of the project comprising low0rise Arabian themed buildings with seven storeys and 2090 units is the first of its kind in a large scale development that combines upscale living with value for money proposition.The CEO of Mizin, Sami Al Hashimi, expressed his happiness over the fact that following the successful launch of Majan, Liwan and Arjan, now Remraam Phase 1 units has drawn lot of consumer interest and has been sold out completely, which indicates once again, the interest that the customers have placed in the company's developments.
The Mizin Phase 2 is expected to be launched during early 2008.
Labels: Community, Residential, Sales
Maritime City announces complete sale of phase one plots in Maritime Complex
Thursday, November 22, 2007
The world's first purpose-built Maritime Center, and a member of Dubai World Group of Companies, the Dubai Maritime City has announced recent sale of its first phase plots of the massive commercial and residential districts of its Maritime Complex to contractors and developers.
The work on various commercial and residential projects within the city will begin in near future. The developers are required to obtain the 'Green Building Certificate' for their projects, as per the developmental policies and strict environmental standards of Dubai Maritime City.
The CEO of Dubai Maritime City, Amer Ali, said "The sales performance of the first phase of the project has surpassed expectations with tremendous response due to the huge project value in terms of excellence and creativity, as well as being the first of its kind in the world and in the region. "
He also expressed his pleasure over the steady economic potential of the project, which is sufficient proof of success of Maritime City.
Social BookmarkingThe work on various commercial and residential projects within the city will begin in near future. The developers are required to obtain the 'Green Building Certificate' for their projects, as per the developmental policies and strict environmental standards of Dubai Maritime City.
The CEO of Dubai Maritime City, Amer Ali, said "The sales performance of the first phase of the project has surpassed expectations with tremendous response due to the huge project value in terms of excellence and creativity, as well as being the first of its kind in the world and in the region. "
He also expressed his pleasure over the steady economic potential of the project, which is sufficient proof of success of Maritime City.
Labels: Dubai Real Estate, Latest News, Sales
Emaar to host sales of Platinum Collection homes in Downtown Burj Dubai
Saturday, November 17, 2007
Emaar Properties, one of the largest real estate companies in the world, has announced that they are hosting a special sales roll-out on 17th November 2007, for its Platinum Collection, the high-end homes located in Downtown Burj Dubai. The show would be hosted at 'The Palace Hotel', in Old Town, Downtown Burj Dubai.
The Platinum Collection of homes that are chosen from various residential developments within the mega-development project, comprise a range of amenities, such as high-end retail outlets, health and fitness facilities, swimming pools and children's play areas.
The Sales Director of Emaar, Saif Al Mansoori, said that these homes are chosen due to their superior standards of product quality, and also represent the luxurious living in the Downtown Burj Dubai, which would attract numerous interested buyers who are eagerly seeking a unique home experience.
Various financial institutions are offering easy home finance options for these residences. Emaar's flagship real estate project, Downtown Burj Dubai, is a mixed-use residential and commercial community, which includes hotel, shopping, leisure and entertainment, surrounded by open green spaces, lakes and other water features.
Till date, numerous homes have been already handed over to customers, and three luxury hotels have already got functional within the Downtown development.
Social BookmarkingThe Platinum Collection of homes that are chosen from various residential developments within the mega-development project, comprise a range of amenities, such as high-end retail outlets, health and fitness facilities, swimming pools and children's play areas.
The Sales Director of Emaar, Saif Al Mansoori, said that these homes are chosen due to their superior standards of product quality, and also represent the luxurious living in the Downtown Burj Dubai, which would attract numerous interested buyers who are eagerly seeking a unique home experience.
Various financial institutions are offering easy home finance options for these residences. Emaar's flagship real estate project, Downtown Burj Dubai, is a mixed-use residential and commercial community, which includes hotel, shopping, leisure and entertainment, surrounded by open green spaces, lakes and other water features.
Till date, numerous homes have been already handed over to customers, and three luxury hotels have already got functional within the Downtown development.
Labels: Downtown, Luxury Homes, Residential, Sales
Champions Tower III meets hundred percent sales
Thursday, November 15, 2007
A leading Dubai-based property developer, Memon Investments, has announced sale of all its units in its Champions Tower III, worth $39.5million.
The residential tower project, situated in Dubai Sports City, has generated huge buyer-interest from international and regional markets. According to Memon, the overwhelming success of the project is due to the extensive marketing campaigns held by the company throughout Europe, Asia and Middle East.
The hi-tech contemporary architectural design of the tower has also caught attention of the eye of the investors. The sixteen storey residential tower provides a choice of 256 elegant units comprising single bedroom, studios, and double bedroom apartments. The development also includes a communal swimming pool, health club, roof top juice bar, steam and sauna facilities, and separate gyms for men and women.
Spreading over a built-up area of 250,000 square feet, the tower includes three hi-speed elevators, covered parking on ground floor, apart from basement parking, 24 hours security, concierge and valet parking services and in-house maintenance team.
Located at a walking distance from the luxurious residential property are world-class academies, stadia, religious and healthcare facilities, religious facilities, and posh cafes and restaurants, and a shopping mall with a sports-theme.
Social BookmarkingThe residential tower project, situated in Dubai Sports City, has generated huge buyer-interest from international and regional markets. According to Memon, the overwhelming success of the project is due to the extensive marketing campaigns held by the company throughout Europe, Asia and Middle East.
The hi-tech contemporary architectural design of the tower has also caught attention of the eye of the investors. The sixteen storey residential tower provides a choice of 256 elegant units comprising single bedroom, studios, and double bedroom apartments. The development also includes a communal swimming pool, health club, roof top juice bar, steam and sauna facilities, and separate gyms for men and women.Spreading over a built-up area of 250,000 square feet, the tower includes three hi-speed elevators, covered parking on ground floor, apart from basement parking, 24 hours security, concierge and valet parking services and in-house maintenance team.
Located at a walking distance from the luxurious residential property are world-class academies, stadia, religious and healthcare facilities, religious facilities, and posh cafes and restaurants, and a shopping mall with a sports-theme.
Labels: Dubai Sports City, Residential, Sales
Dubai recorded Dh.10.22bn worth land transactions last month
Sunday, November 04, 2007
The total value of land transactions in Dubai touched Dh.10.22bn in October, according to Dubai Land Department.
Out of the total 395 cash sales that happened during the month, these transactions were worth Dh.6.03bn, out of which Dh.3.49bn were from mortgage trasactions, and Dh.693.49million were from donation of land and property.
The Land Department in Dubai, registered 395 transactions during the month of October, across 61 districts in Dubai. The total area sold was about 9.24 million square feet. About 354 transactions involved the sale of developed or built land.
Al Jadaf recorded the top selling district, generating 18.28 percent of sales during October.
Social BookmarkingOut of the total 395 cash sales that happened during the month, these transactions were worth Dh.6.03bn, out of which Dh.3.49bn were from mortgage trasactions, and Dh.693.49million were from donation of land and property.
The Land Department in Dubai, registered 395 transactions during the month of October, across 61 districts in Dubai. The total area sold was about 9.24 million square feet. About 354 transactions involved the sale of developed or built land.
Al Jadaf recorded the top selling district, generating 18.28 percent of sales during October.
Labels: Dubai Real Estate, land, Sales
Le Grand Chateau from Al Fara'a Properties meets hundred percent sales
Saturday, October 06, 2007
The flagship subsidiary, Al Fara'a Properties, of the Al Fara'a Construction Group, has announced hundred percent sale of its signature project Le Grand chateau, worth Dh.225million. Al Fara'a is progressing as scheduled and is expected to be delivered in the last quarter of 2008, thereby being the first to deliver a project in Jumeirah Village.
This success by Al Fara's group comes at the right time, when the region has been witnessing unparalleled growth in real estate developments, says Gangaramani, the MD and CEO of Al Fara'a Construction Group.
"Dubai has developed into a major tourist destination in Middle East with 2100 construction projects being planned or under construction across the Gulf, touching $1.5trillion mark in value. Hence, keeping our developments apart in terms of timely delivery, service and quality and value are the major factors behind the success of Al Fara'a Properties," says Gangaramani.
Le Grand Chateau is much sought-after, due to its ideal location at the heart of Jumeirah Village Community, adjacent to green belt, and its timeless architectural splendor that depicts the 16th Century Chateaux of the Loire Valley in France.
This success by Al Fara's group comes at the right time, when the region has been witnessing unparalleled growth in real estate developments, says Gangaramani, the MD and CEO of Al Fara'a Construction Group.
"Dubai has developed into a major tourist destination in Middle East with 2100 construction projects being planned or under construction across the Gulf, touching $1.5trillion mark in value. Hence, keeping our developments apart in terms of timely delivery, service and quality and value are the major factors behind the success of Al Fara'a Properties," says Gangaramani.
Le Grand Chateau is much sought-after, due to its ideal location at the heart of Jumeirah Village Community, adjacent to green belt, and its timeless architectural splendor that depicts the 16th Century Chateaux of the Loire Valley in France.
The development consist of luxurious four bedroom G+2 townhouses, and an apartment block with 185 studios, single, double and triple bedroom apartments, overlooking the landscaped courtyard.
Labels: Dubai Real Estate, Jumeriah Village, Real Estate Company, Sales, Studios, Townhouses