Wednesday, September 2, 2009

The Trump International Hotel - Dubai


In the midst of the magnificence of Palm Jumeirah dwells the Jumeirah Al Fattan Palm Resort. This retirement centre of unadulterated tranquil and pleasure resides in a desired spot on the right tip of The Crescent.

Dubai’s Hi-Tech Futuristic 7 Star Apeiron Island Hotel


This is Dubai’s US $350 million project, it’s the hi-tech and futuristic 7 star Apeiron Island Hotel.

This is one of the most impressive futuristic luxury hotels I have ever seen, I am not sure how much it will end up costing to stay their but do not expect cheap in the price.

The Dubai Apeiron island hotel is designed by Sybarite Architects and will feature an underwater restaurant, an art gallery, a spa, 438 suites and 28 floors.

The Apeiron Island will be 300m from the coast of Dubai and the top two floors of the hotel will even feature a temperature-controlled butterfly jungle with tropical species…how cool is that.

Tuesday, September 1, 2009

AAA Appraisers launches the Eclipse Tower in Dubai


A development arm of AAA International Group, AAA Appraisers, yesterday launched the $200million Eclipse Tower in Dubai Jumeirah Village.The project, which covers a gross built-up area of 350,000 square feet, with an additional 55,000 square feet of retail space, will also feature a sky golf course.

"This is a record of sorts. Dubai has never experienced a sky golf course, featuring bunkers, water hazards and pioneering water management system that maintains the golf course with minimal wastage of water," said Ebrahim, the General Manager of AAA.

The project also introduces another new concept in Dubai, wherein, the moment investors buy an office in the tower, they will be able to move into a fully furnished office. In the normal course projects, on the other hand, businesses will have to wait for two to three years before the keys of their office are handed over. The company aims to introduce a paradigm shift in the realty industry this way.

Featuring high standard modern amenities that promote both convenient and professional business standards, it also includes options for relaxation after the hectic working hours. The officer offer stunning views of the canal within the Jumeirah Village South, while the five high-speed elevators carry employees to their respective offices in a fast and comfortable manner. The golf course in the tower is the first-of-its-kind to be built in a commercial office tower in Dubai, which offers clients and businessmen a unique working environment.

Ideally located amongst the major roads in Dubai - the emirates road and Al Khail Road, the commuters no doubt will be benefited from the new metro too, which links the Dubai International Airport to its new residential development. The prime location is sure to attract foreign investors who further promote the growth of Dubai's currently blossoming economy.

Construction of the project is likely to commence by end of September 2008, and will be complete by end of 2010.

The sales of the tower will be launched within the next few months at the rate of Dh.1600 per square foot.

The Eclipse Tower, has already received approval from Dubai's RERA (Real Estate Regulatory Authority) and has an escrow account with Emirates Islamic Bank.

Abu Dhabi Municipality announces unique EMERALD GATEWAY Project


The Abu Dhabi Municipality has announced the unique, prestigious Emarald Gateway Project, worth Dh.7 billion dollars, being developed in partnership with the private sector. The project will be located along the main highway Coast Road, right in between the Abu Dhabi International Airport and Abu Dhabi downtown, through a main artery highway that leads to the city.

The development comprises 88 Towers, which will be developed on either sides of a 3.5 kilometer segment on the Highway. The Site has all the necessary potential to develop into a high-end residential and hotel destination.

The Abu Dhabi Municipality got the Master Plan for the project, tailor-made by KEO International Consultants. The plan was recently approved by H.H. Sheikh Mohammed Bin Zayed. In one look, the plan puts before us a powerful vision for "green" residential communities, besides including hotel complexes and a business park.The Emerald Gateway rather than being just a development, also takes into consideration the community level desires and national level aspiration, with dramatic enhancement of all its surroundings. It will be a wonderful experience for all those who enter and leave Abu Dhabi, while they pass through the extensively shaped landscaped highway corridor, imprinting an ever-lasting memory about their drive along the stretch of the road of the Emerald Gateway.

In the center, one gets to see a giant artistically designed sculpture, inspired by the wings of falcon, which will be located inside the Sculpture Park. Resting on a reflecting pool, this will make an attractive gateway to the city during the day, while at night, it will be all lighted up to glow as two translucent forms. Their surging forms will be a mark of respect to the high achievements of the nation, and will celebrate the national pride of the City of Abu Dhabi. On the whole, the scheme is an integration of many landscaped features through numerous pedestrian links to adjoining communities.

The 88 Towers of the Emerald Gateway are located in two separate development districts; the Canal Park Neighbourhood and the Recreational Park Neighbourhood.

The Canal District, located along an existing water canal, will be developed with walkways and rich green spaces so as to form a Canal Park Neighbourhood for 42 tower plots along the edge of the canal. It will include numerous green gardens, restaurants and retails, terraces for ground level cafes, and a roundabout boardwalk. It stretches from the western edge of the Canal District to the eastern edge, ending with a fountain promenade that serves not only the tower residents, but also those in Al Maqta area.

The Recreational Park Neighbourhood, located along the Southern edge of the site, comprises 46 tower plots in a richly landscaped surrounding. The Park begins at the western edge, that includes two football field sized green areas and stretches to the east incorporating children's play areas, tennis courts, gardens and walkways.

The development also includes a Ceremonial Entrance with a Gateway Reflecting Pool, located along its western edge.

According to the Abu Dhabi Municipality officials, the development is likely to be one of the major public-private partnering developments ever launched by the Abu Dhabi Government. The Government will invest another billion ($242.4 million) for the landscaping and infrastructure services.

The Municipality and KEO officials have confirmed that a binding design and construction guideline will be issued to every plot owner to ensure the quality of design and construction, and their adherence to the master plan.

The CEO of KEO, Donna Sultan, the lead for creation of the Master Plan commented "Rather than looking at the site as the one filled with constraints, we foresaw a fantastic opportunity of putting together the master plan of the site, with its geographical prominence, being located between the City of Abu Dhabi and the airport, and came up with a world-class setting of the Emerald Gateway, which speaks about high national and community goals."

Nakheel to develop 4000 homes and villas in Al Furjan developments


Nakheel has announced its plans to build a cluster of 4000 homes in 'new Dubai', which will cover the same land area as in Palm Jumeirah.
The first stage of construction of the project, Al Furjan, is due to begin during the initial half of 2008. The handover of the terraced homes and villas will be complete by the year 2010. The completion date for the entire 560 hectare development has been scheduled towards 2013.

Experts are of the opinion that this project will address the immediate requirement of villas in the emirate. The Al Furjan development comprises three, five and six bedroom villas and smaller terraced homes. The unit price begins at a range of Dh.2 million, and higher.

The project will be sold in phases. The first phase will consist of 800 units or more, and house 3,000 people. The other phases will be launched later, with about 4000 homes and 5000 residential apartments in the mixed-retail units, and hotels.
The Al Furjan will be the largest villa community ever launched by Nakheel. The officials say that the company plans to create a family-oriented community. The master-plan comprises play areas, open space and pathways. Every community will have its own village center, with other amenities ranging from supermarkets and coffee-shops to restaurants, gym facilities and open spaces.

Gallery Villas - Luxury Living at Dubai Sports City


The luxury built-in Gallery Villas that are designed for family living, is an exclusive private community that will become home only to a selected few.Comprising 75 luxury villas, that are designed as a self-contained private community within the Dubai Sports City, the Gallery Villas, are a safe, secure private community, comprising landscaped gardens, green spaces with cycle and jogging tracks. The development consists of two storey, three bedroom semi-detached and terraced townhouses with 2,444 square feet habitable space, and five bedroom detached villas accommodated in two storeys with 4,553 square feet habitable space.

The houses include spacious rooms and large patios and balconies, high quality kitchen cabinetry with granite countertops, built-in wardrobes in all bedrooms, separate dressing area in master bedrooms, spacious laundry and storage facilities, maids room, detached villa featuring the ensuite bathroom, guest room and driver’s room adjacent to garage.

Positioned ideally, adjacent to 'The Dunes' signature golf course, the development comprises private international schools, childcare facilities and medical clinics.

Dubai Properties launches 'Al Waha' Villas in Dubailand


Dubai Properties has announced the launch of 'Al Waha Villas' worth Dh.745million, which is a freehold Mediterranean style residential community, located at Dubailand.The project made its first appearance during the recent two-month long summer promotion at Harrods, the famous department store in London, where it generated sales worth Dh.150mn.

The project was also exhibited at the Ritz Hotel in Paris recently. The show was a part of the initiative by Dubai properties, to extend its reach and promote its signature project to international audience to gain investors interest in Dubai.

The project comprises of 260 townhouses that are built in Mediterranean style, with a luxurious enclave. The development is due for completion by 8 months towards the mid of 2008.

"The Al Waha villas will set a new benchmark in luxury accommodation. Designed with creativity, and quality in mind, the villas offer a unique lifestyle community with two, three and four bedroom villas, encompassed in lush greenery and landscape," said Mohamed Binbrek, the CEO of Dubai Properties.

The villas are a gated development comprising properties that range from 3,944 sq.ft. space for a four bedroom villa to 3,621 sq.ft. for a three bedroom, and 1,785 sq.ft. in size for a two bedroom villa. The development features a clubhouse and community swimming pool, while the villas are provided with balconies, terraces and one or two parking spaces.

Dubai Properties, is a member of Dubai Holding, and operates with the aim of developing unique communities.

The Meadows - Successful Emirates Living Community


The Meadows is a flagship community project, that is based on the concept of bringing tree lined streets, and serene surroundings to the emirate. Developed by Emaar, 'The Meadows' is an integral part of the successful Emirates Living Community. 'The Meadows' comprises villas that are finished to highest specifications and standards, and feature the finest amenities for the residents to enjoy.'The Meadows' places before buyers a choice of three, four, five, six and seven bedroom villas that are distinctive and spacious in size. All homes at the Meadows, come with large gardens and balconies, so that the residents could truly appreciate the beauty of surroundings.

Parks, water features, swimming pools, play areas, gyms are other amenities at 'The Meadows' apart from the usual supermarkets, restaurants, cafes and shops all scattered within the development. The Emirates Living Community brings different villas, lifestyle of various Emaar developments into one giant community, which includes community centers, schools, and other recreational facilities.



With the five star hotels, beach and the Emirates Golf Club being easily accessible to residents, they have the wonderful opportunity of enjoying all they need in one roof. The Meadows would be the right choice, for people looking for spacious surroundings, with best quality home finishing without having to spend the earth.

The Jumeirah Islands - Luxury Residential Villas


Jumeirah Islands, a unique residential development by Nakheel, is based on the concept of island living in the heart of a busy city. It features 50 manmade islands, which are surrounded by water. Every island comprises 16 spacious luxury villas with a private pool and large variety of specifications and designs.
Each villa meets the highest in quality, and is characterized by European, Contemporary, Arabian and Mediterranean architecture. The villas are designed in three different ways namely the Master View, Enterntainment Foyer and the Garden Hall. Being surrounded by water, the islands truly depict the feel of an island lifestyle, with cascading waterfalls and the currents that keep the surrounding water flowing. The landscaped gardens include walkway and paths bridges to create an idyllic feeling of home.

When it comes to villas, each villa offers the best with regard to communications, entertainment and security. This, coupled with unique exterior design and fabulous garden space, makes the houses seem permanent homes. The Jumeirah Islands community offers a carefree luxurious lifestyle, with additional recreational facilities, apart from private pool alone, such as the health club, spa, tennis courts, community pool and gymnasium.

For any basic amenities such as the shops and ATM machines, one can always visit the Jumeirah Island Village, which is home to a wide range of shops and boutiques, themed restaurants, an amphitheatre, waterways, lagoons, and fountains that characterize the Jumeirah Islands project.



Jumeirah Island implies a community environment with the most beautiful settings around, and a home that is in no way short of total luxury.

ETA Star, ADCB sign MOU for construction of Taj Exotica Resort and Spa at Palm Jumeirah


ETA Star, together with the Abu Dhabi Commercial Bank (ADCB) has announced the construction of Taj Exotica Resort and Spa at The Palm Jumeirah, and has entered into an agreement to this effect.

As per the agreement, ADCB will lend Dh.275million to ETA Star for construction of this superb resort complex. ETA Star plans to construct Taj Exotica Resort & Spa through a partnership with Taj Group of Hotels.

The Taj Exotica Resort & Spa is a luxurious five-star hotel development, depicting the style of conventional Palaces of Rajasthan. The highlight of the entire development is the 262 room 'Jiva Spa', which is likely to be the largest in the Middle East. The Spa comprises single and double treatment suites, meditation and yoga pavilions, beauty treatment rooms, fully equipped gyms and relaxation pools. Other facilities include Tennis Courts and Private beaches, and the swimming pools.

The Executive Director, ETA Star, Abid Junaid said that ETA Star has always aimed to provide only the best to its customers, by delivering state-of-the art projects without any comprises being made. The Taj Exotica Resort & Spa, on completion, will be the 'abode for modern-day royalty'. He assured that the project will provide its occupants all perks that a regal hospitality would offer.

The Jumeirah Lake Towers at Dubai Marina


The Jumeirah Lake Towers is yet another development, situated across the Dubai Marina development, equally impressive in size, comprising high-rises that are scattered around the man-made lakes. The buildings depict a range of residential and commercial freehold properties, marking an extension of growing business community in Dubai.
There will be a total of 87 towers, most of which are either under construction, or to be completed soon, and will be situated among four purpose built manmade landscaped gardens. Residents will get to catch a glimpse of newest part of Dubai, including the freehold communities like Emirates Living that are nearby.

The upcoming towers of the development include the Al Seef, Lake Plaza, Armada, Concorde Tower, Al Waleed, Dubai Arch, Dubai Gate, Falcon Tower, Flamingo, Fortune Executive, Fortune Tower, Global Lake, Goldcrest Views, Green Lakes towers, HDS Tower, Indigo, Laguna Tower, Lake City, Lake Shore Tower, Lake Terrace, Lake View, Madina Tower, Manchester Tower, Ocean Heights, Palladium, Saba Tower, Tamweel Tower, The Icon, Vista de Lago, Vue du Lac and Wind Tower.

Jumeirah Lake Tower aims to combine working and living in perfect harmony. All the buildings have good finishing, and offer the best in services and amenities. The commercial buyers can rest assured of excellent office accommodation that is hundred percent secure, and good services from the neighbouring facilities. Residents too, get to enjoy good amenities within their buildings, from swimming pools to gymnasiums, to saunas to conference centers.

A waterfront promenade surrounds the towers, where the working community and the residents get to enjoy an extensive range of outdoor restaurants and cafes all through the day and until late in the night. Retail outlets will also be easily available, to ensure all essential provisions are available on fingertips for the residents in the development.

Al Fara'a kick-starts construction of Manhattan Apartments at Jumeirah


Al Fara'a Properties recently held the ground breaking ceremony to mark the commencement of construction works of their Dh.353mn Manhattan Luxury Apartments in Jumeirah Village.The groundbreaking ceremony was conducted just after the successful launch of Manhattan Luxury Apartments at the recent Cityscape Dubai 2007, when the project generated considerable buyer interest, with more than 72 percent of the project, being sold out.

The construction contract for the luxury apartments has been handed over to Al Fara'a General Contracting Company (AFGCO) and their team of qualified professionals. AFGCO has a successful history of more than 26 years in implementing projects around UAE, such as the Al Attar Tower, Rotana Hotel, and the Sheikh Mansoor bin Zayed Tower, among others.

Alongside the sidelines of groundbreaking ceremony, Al Fara'a Properties has registered for an Escrow Account with Emirates Islamic Bank, in compliance with regulations stipulated by Dubai Land Department.

The Manhattan Luxury Apartments draws inspiration from the 1930's urban residences of New York, comprising 355 elegant units with a classic selection of studio, single, double and triple bedroom apartments. These apartments, coupled with the stunning landscapes of Jumeirah Village, have been so designed to include well-planned master bedrooms, generous walk-in closets, beautifully appointed bathrooms, and spacious and comfortable interiors with distinctive accent lighting. The other amenities within the complex include state-of-the-art gymnasium, a swimming pool with sauna and steam facilities, and children play area.

The General Manager for AFGCO, Ahmad Maarouf said "Our vast experience in construction business has provided us with utmost confidence in handling a high-profile project like Manhattan Apartments. The strength of our expertise will ensure that we live up to our reputation of delivering quality work within prescribed time frame."

The company has committed that the works would be complete within 24 months, towards end of 2009.

The Jumeirah Park - community of family villas


he Jumeirah Park , together with Nakheel's Jumeirah Islands are a community of family villas in beautiful surroundings, specifically designed to offer environmentally friendly living in the heart of new development area. The Park, located in close proximity to the emirates Golf Club, is easily accessible from Emirates Road and Sheikh Zayed Road.With a wide choice of 2000 odd three, four and five bedroom villas, built within and eco-friendly environment, the Jumeirah Park is a project that is appealing to public. The villas have a wide range of sizes ranging from 3569 square feet to 5479 square feet of space, and each of these comes with its own Private Garden, Standard Private Pool, Car Ports, and a Standard Private Pool for larger villa categories.

The villas have the latest in communications, internet and entertainment. The villas are finished to the highest standard, and include the best facilities and luxury fittings within the community. With landscaped gardens and parks spread throughout the entire development, residents get to enjoy cycling and jogging as there are tracks for these events, and sufficient room for outdoor seating and exercise areas.

The development also features community center with cafes, shops and a pharmacy, as well as restaurants, shopping center and a promenade. There are also quite a few mosques, play areas and a kindergarten on the site.

The Jumeirah Park community promotes quality living in a healthy environment, with additional green measures such as the energy saving designs for villas, recycling, water features, and reduction in land, water, air and noise pollution. Residents at Jumeirah Park get to interact closely with nature, while also sustaining a good quality lifestyle.

ETA Star delivers new mixed-use realty development 'The Palladium'


A leading UAE realty developer, ETA Star, has announced the delivery of the luxury mixed-use development 'The Palladium' at Jumeirah Lakes Towers on Sheikh Zayed Road, Dubai.The luxury development, which features 34-storey office and retail and residential complex with single, double and triple bedroom apartment and penthouses, has been handed over to the respective owners.

Located in the heart of Jumeirah Lakes Towers, 'The Palladium' captures the charm and essence of sophisticated lakeside lifestyle. Spreading over half a million square feet in area, it is a state-of-the-art high-rise development, comprising coffee shops, restaurants, and boutiques in the lobby.

The Executive Director of ETA Star, Abid Junaid, mentioned that 'The Palladium' being, one of its major projects, the company has been able to keep up its promise, thereby deeply enrooting the trust that the customers have placed on the company.

Pearl Dubai FZ LLC reveals purchase of Dh 3bn Dubai Pearl


A Consortium of investors, Pearl Dubai FZ LLC, led by the Al Fahim Group, Abu Dhabi-based group, has announced that it has purchased and repositioned the $3billion worth Dubai Pearl real estate development.

The project, located within the Dubai Media and Technology Free Zone (TECOM), facing The Palm Jumeirah, will cover a built-up area of more than 15 million square feet.

Abdul Majeed Al Fahim, the Chairman of Board of Directors, Pearl Dubai, while speaking during a press conference, mentioned that Dubai is growing at an unprecedented pace, and that 'Dubai Pearl' will be a unique addition to the real estate landscape of the emirate.

Dubai Pearl is an integrated, mixed-use sustainable development with all major components located within 400 meters of each other, and is expected to be complete by December 2010.

The residential segment of Dubai Pearl Towers will include Sky Palaces with private gardens and pools, Sky Penthouses, luxury-branded condominiums and apartments. It also features boutique, offices, renowned hospitality brands, state-of-the-art theatre with a capacity for 1500 to 2000 people, a luxury fashion precinct located within a premier shopping mall, cinemas, and multi-cuisine food courts.

The construction of 'Dubai Pearl' would begin immediately. The project is considered to be unique, as the infrastructure amenities, including a well-linked road network are all in place, facilitating easy access to all major residential and commercial areas such as the Jumeirah, Dubai Internet City and Dubai Media City.

Al Fara'a launches Mulberry Mansions



Al Fara'a Properties launched their new project, Dh.95mn worth, Mulberry Mansions, yesterday. This forms a part of their Dh.6.5billion worth projects planned for the current year.The residential development, comprising 23 luxurious town homes, marks the third project of Al Fara'a in Jumeirah Village, following the launch of Manhattan Luxury Apartments and Le Grand Chateau.


The two-storey townhouses built in Victorian-style will comprise four bedrooms, a terrace, a balcony, maid's room with separate access, a private two-car garage and a small private garden. Few selected townhouses that are positioned at the far end of each row of the plot will have access to private swimming pools within side gardens. The spacious interiors incorporate custom-built walk-in closets, fully equipped kitchens, well-planned master bedrooms with distinct lighting designs, adding to the luxury. All units are well-planned to catch a view of the skylight and boulevard, ensuring natural brightness and ventilation.


The Director of Al Fara'a properties, Natasha Gangaramani said "Through the launch of our third project we are on-track to exceed our Dh.2.5bn investment plans that was outlined for 2008. We now hope to invest Dh.6.5bn this year, and expect to atleast equal our records set by previous projects in terms of customer sales and appreciation."


Mulberry Mansions will be complete towards the third quarter of 2009.


Al Fara'a Properties have met considerable success in their projects launched last year, thereby, re-defining the benchmark of excellence, in the booming realty sector of UAE

Luxury Villas, much in demand in Dubai


The exciting response for Polo Homes developed by Emaar Properties, one again strongly highlights the need for luxury lifestyles and exclusive living in Dubai.

Villas being more sought-after, the elite Polo Homes, recorded unprecedented home-owner interest, the company mentioned in their statement.Located within the Arabian Ranches, the Polo Homes, which are just 71 in number, is one of the most luxurious residential communities, ever launched by Emaar. It is a true reflection of the vast range of home options that the company offers to satisfy customer requirements. The owners of Polo Homes get to enjoy various membership privileges at the Dubai Polo and Equestrian Club, inclusive of access to modern clubhouse with specialty restaurants and spa, international equestrian events, an array of leisure and recreational facilities, and two polo fields.
The Sales Director of Emaar, Saif Al Mansoori says "Villas sell like hot cakes in Dubai, and the overwhelming customer response for Polo Homes, highlights the demand for exclusive homes with distinctive lifestyles. Polo Homes signify Emaar's competency to deliver fresh perspective to property development. The development has been created focusing on the requirements of residents, who enjoy being linked to the current equestrian-related events at their doorstep."
Apart from the leisure facilities at the Equestrian Club, the residents also get easy access to the Arabian Ranches Golf Course, schools, retail outlets, children play areas, and health and fitness amenities, located in close proximity within the Arabian Ranches development.

The two-storey villas of the Polo Homes remain detached, and comprise five to six bedrooms that reflect Andalusian architecture with every minute detail being taken care off. The villas possess spacious central courtyards, terracotta roof tiles and are spacious enough for unique and inspirational landscaping opportunities.

Polo Homes can be accessed from three ring roads that lead to Sharjah and Abu Dhabi. It is located in close proximity to the main centers of Dubai, including, the Dubai Internet City, Dubai Media City, and the Jebel Ali Free Zone.

Al Fara'a announces complete sales of Image Residences first phase


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.

The Mansion - residential tower launched at Burj Dubai by Emaar


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.

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.

Dubai houses world's first revolving 'Dynamic Tower'


Dubai now houses the world's first revolving, pre-fabricated tower, worth $3billion, designed by the Italian Architect, David Fisher. The 'Dynamic Tower' comprising 80 storey will be 420 meters tall.


Located on Shaikh Zayed Road, the Dynamic Tower will spread across an area of 1.2million Square Feet. The tower is said to have a central core for lifts, and there are lifts particularly for cars, hence it is possible for residents to drive into their apartments.
The Dynamic Tower is a slender, rotating skyscraper, with its luxury apartments being energy-self-sufficient. The tower offers endless design possibilities, with each floor rotating independently so as to form a building that constantly changes shape, and results in a unique, ever-evolving structure. Each rotating floor will have horizontal wind turbines, so that the towers can generate sufficient energy to power the other five towers of same size.


The tower will be pre-fabricated with parts made in Italy, and the time will be considerably reduced.


Fisher says "It takes only six days for completion of one floor, as against six weeks taken to complete a floor of traditional building."


It has been estimated that it will take about 20 months for completing the Dynamic Tower. It is said that a similar tower is also being planned at Moscow, followed by New York.

IRIS unveils Dh.2.5bn IRIS Mist in Maritime City


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.

Stallion Properties launches Santorini development at RAK


Inline with its plans to raise the total portfolio of its projects to Dh.4.5bn in UAE, Stallion Properties launched Dh.1.2bn worth Greek-style development on Marjan Island in Ras Al Khaimah.

The Santorini development will include 560 units, spreading across an area of 463,000 Square Feet. The units will include Zeus villas, Aphrodite townhouses, Artemis luxury condos and Apollo condos, water bungalows, and five-star hotel.

Inspired by the iconic Greek archipelago, Santorini development offers residents the enjoyment of majestic romance of Greek island, together with the luxuries of Arabia.

Each property in the Santorini development comes with its own unique features. The Zues villas offer wonderful panoramic sea views with Jacuzzi on terrace and your own private infinity pool. The Aphrodite townhomes offer the luxury of serene views of a private lake, while the Apollo condos include duplexes and penthouses with Gymnasiums, pools, and podium parking. The Artemix luxury condos go further in offering private clubhouse, vas Jacuzzi, lap pool and children's wading pool.

The construction will commence in October this year, and will be complete in 2011. Stallion Properties has also entered into tie-up with Aspire Real Estate to help with sales and marketing of Santorini project.

The units at Santorini are sold in packages of seven, as the investors intend to make money from resales, with the cheapest package being available for around Dh.10mn.

The Marjan Island is a Dh.6.6bn project and is also one of the major developments in progress in Ras Al Khaimah. The mega-project is a mini archipelago, and includes five man-made islands spread across 2.7mn square meters. The Island is so designed that it stretches over two kilometers into the Gulf.

Stallion Properties also plans to launch two towers in Palm Jebel Ali at a cost of Dh.3bn, thereby increasing the portfolio of the company to around Dh.4.5bn.

Construction of SkyGardens project begins at Reem Island


One of the leading property developers in Middle East, Plus Properties, together with Taahud General Contracting Company, has entered into a Dh.400mn construction contract for developing the SkyGardens project, a waterfront property at Reem Island in Abu Dhabi.

This deal makes way for commencement of construction of SkyGardens project, which is likely to turn out to be one of the most prestigious waterfront projects dotting the Abu Dhabi skyline, revealed a Plus Properties official. Enabling works of the project have already commenced.

SkyGardens is an iconic residential waterfront project, designed by renowned architect James Law, featuring a range of single, double and triple bedroom deluxe apartments, garden apartments and sky garden duplex villas.

The SkyGardens duplex villas feature amenities such as private swimming pools, luxurious interior and exterior finishing and suspended gardens. All units of the development open to sea view, with a 360 degree panoramic view stretching from the sea to Abu Dhabi's stylish skyline.
Located in a quite and upscale marina neighborhood at Reem Island, the development is linked to downtown Abu Dhabi by a bridge, and is just 20 minutes away from the Abu Dhabi airport.

Taahud is one of the major players in today's construction market, with a series of prestigious projects to its credit. The core management team of this Abu Dhabi-based company includes reputed industry professionals with decades of experience in local and regional construction sector.

Dusit International set to launch the Dusit Residence Dubai Marina


Dusit International, the Bangok-based Thai hospitality chain, will shortly launch its first branded residence out of Thailand, with the soft launch of Dusit Residence Dubai Marina.

The landmark tower, which is 35 storey in height, contains 146 premier serviced residences, that face the Dubai Marina. Located ideally in the heart of New Dubai, the Dusit Residence intends to cater to both leisure and business travelers, with only minutes away from the Knowledge Village, Dubai Media City and the Dubai Internet City. The Dusit Residences are easily accessible to the Mall of Emirates and the Ibn Battuta Mall.

The contemporary five-star residence is well-designed with a comprehensive range of integrated facilities for both long and short staying guests, featuring food and beverage outlets, including Dusit Gourmet, Fusion Lounge, fully equipped health center with swimming pool, a spa with Thai massage, foot reflexology, all of which will be ready for customers by later next year.
Among the other amenities are quality brand toasters, washing machines, wireless internet, iPod docking stations, state-of-the-art meeting rooms, mobile office support, all of which can be installed in the guest residence, along with secretarial assistance, if needed.

Dusit Residence Dubai Marina is now, the third Dusit property in Dubai, with a residence in Al Barsha, and a flagship property in Dusit Thani, all of which opened in 2001 and is located at the financial center of Dubai. So far, there are three Dusit properties on Palm Jumeirah, which will be complete within next few years. Another property will be launched in Abu Dhabi by end of next year, and another new Dusit Thani Lake View hotel in Cairo will be open in January 2009.

Luxury project Le Stelle in Dubailand by Al Barakah Group


A member of The Al Barakah Group of Companies, EGSI Group, has unveiled a new Dh.4.5billion worth ultra luxury project Le Stelle in Dubailand.

The Iconic Five Towers, located in Majan-Mizin, Dubailand, spread across 2.2million square feet, overlook the prestigious Al Barari development. Designed by Heerim, the renowned international firm of Architects and Planners from South Korea, all apartments are equipped with state-of-the-art Smart Home Technologies.

The project marks the entry by EGSI Group into the high-end luxury segment and targets the connoisseurs of fine living.

Resting on a distinct and stylish boat-shaped podium, the towers - Orione, Sirio, Vega, Fenice and Electra, exhibit Italian glamour, with innovative architecture, stylish interiors, exquisitely designed.

The G+30 development with full glass exterior, has a four-tier podium which has about 180,000 square feet of space earmarked for recreational amenities, swimming pools and relaxing lounges. The podium surface includes walkways, landscaped gardens, and water features.

The 'Smart Home' technologies equipped apartments offer spacious studios, single bedroom, double bedroom, triple bedrooms, and luxurious penthouses, with huge sky gardens and infinity swimming pools, set amidst lush green surroundings of Majan.

Speaking during the launch of Le Stelle, Imran Khan, CEO of EGSI and Al Barakah, said "Le Stelle is another great project from Al Barakah. The unique location in the heart of Downtown Dubailand, which overlooks Al Barari, adds immense value to the project that is likely to stand out for its modern design, stylish interiors and architecture. This being our maiden project with EGSI brand, we envision the five towers to radiate the brilliance of The Stars that they are named after".
The sale and marketing of 'Sirio' and 'Orione' towers will be handled by 'Let's Talk Real Estate'.
Le Stelle, is sure to prove to be a landmark development in Dubailand.

Al Barakah is a leading Dubai-based real estate group, which has marked its strong presence in all sectors of real estate value-chain and project portfolio of more than Dh.12bn.

Tameer completes foundation works of Elite Residence at Dubai Marina


Tameer Holding, the leading real estate developer in the region has announced completion of foundation raft of Elite Residence, the ultra-luxurious residential tower located at Dubai Marina.
The foundation raft of the Elite Residence has been completed in less than five months after the commencement of construction.

Abdul Hamid Moukayed, the Managing Director of Tameer Dubai, expressed his satisfaction over the progress of construction on the Elite Residence, and emphasized on the efforts made by Tameer in avoiding obstacles that have been faced currently by developers.

"We have undertaken strategic planning methods and have entered into alliances to avoid getting caught in the trap of lagging behind schedule. This is our commitment towards customers through our projects," Moukayed said.

The Arabian Construction Company (ACC) has been awarded as the main contractors of the project, while the designing and engineering works have been assigned to ASE consultants.

Located on the heart of Dubai Marina, the Elite Residences is one of the most prestigious addresses that offer residence the ultimate in elegance, luxury, and service. The towers are wonderfully positioned to offer eye-catching views of the Arabian Gulf, with a unique design exhibiting a rare blend of Victorian architecture, finished in its finest form.

Standing high at 380 meters, the 91 storey structure, features state-of-the-art fixtures from across the world, with ground-breaking technology being available in each unit, making each day an ultramodern experience.

The ASE, and the ACC teams that are currently working on the Elite Residences are also continuing work on Tameer's Princess Towers, the tallest residential towers in the world, located in close proximity to the Elite Residence at Dubai Marina.

Tameer has established itself as one of the pioneers in the real estate market, due to its dedication towards meticulous creation of comfortable living spaces and inspirational working environments.

Tameer's Princess Tower progressing as scheduled



Tameer Holding, a pioneer property developer, has announced that its 107-storey luxury residential tower, the Princess Tower, located in Dubai Marina, has successfully completed 30 storeys, and is progressing as scheduled.

The Princess Tower (also known as Al Ameera Tower) is one of the many freehold towers in Dubai Marina, opposite to Jumeirah Lake Towers, adjacent to American University of Dubai. It is positioned on the same side of marina, as that of Dubai Marina Towers, in close proximity to the Torch Tower. On completion, the Princess Tower is hoped to be one of the tallest all-residential buildings in the world, standing high at 414 meters.

The Princess Tower, covering 37,410 square feet of space, rising more than 400 meters in height, would be the world's tallest residential building, with a total of 100 storeys. It includes 750 luxury residential apartments, including double, triple and four bedrooms apart from duplex villas and penthouses.
Among the other amenities at the Princess Tower are the gymnasium, swimming pools, a sauna club, child day-care, private car parking area and prayers area, for each resident apart from luxurious reception area.

The Princess Tower will be the most expensive apartments in the world, costing about US$85,000,000.00. The ground floor of the building (the entrance hall), will be glided with white gold, one of the most rare and expensive type in the world. This will be supplemented with opals, diamonds, sapphires, rubies and crystals.

The Managing Director of Tameer Dubai, Abdul Hamid Moukayed, said "Despite the difficulties experienced by real estate and construction sectors, such as the rising costs of material and labour, apart from increasing competition for contractors, construction on the Princess Tower is progressing as scheduled. The tower would be a testament to strengthen Tameer's position as the most trusted in the property sector."

World's first Michael Schumacher World Champion Tower in Abu Dhabi


The Central Business District of Abu Dhabi's Reem Island will be home to the World's first Micahel Schumacher World Champion Tower (MSWCT), which was launched yesterday.
The wharf tower, which will emerge from the sea, will be wonderfully integrated with the water on the seafront and will comprise a luxurious marina.

Developed by the Marasi and PNYG:COMPANY, the tower will be an iconic landmark, symbolizing a blend of human tenacity with high technology, which motivated Michael Schumacher to his sporting achievements.

The CEO of Marasi, Michael Kutschenreuter, said that Marasi will specialize in offering solutions for people who intend to combine together their residential location and immediate access to their yachts.

The MSWCT cutting edge technology, coupled with the inspiring design, will form a unique living community with a spectacular backdrop, he said.

The MSWCT Reem Island is the first among several such projects planned by Marasi. It is hoped to be one of the most prestigious residential addresses in the world, representing a true blend of wharf concept with unprecedented luxury living.

PNYG holds exclusive rights to Michael Schumacher Branded Luxury Real Estate. MSWCT includes values and qualities that make Michael Schumacher successful as racing driver. Every feature of the building technique used, to the smallest details contained within, has been so designed, that it reflects the standards which make his racing career so successful.

The MSWCT will be the first of seven such towers planned to be built across the world. The towers would symbolize each of the seven Formula One (F1) World Championship titles won by Michael Schumacher during his career.

The ecological impact of the tower will be limited. Even to achieve a small carbon footprint, Marasi will be employing the most conscientious and advanced methods available.

Deyaar has been appointed as the exclusive sales agent for MSWCT. The CEO of Deyaar, Markus Giebel, said that being the regions fastest growing developer, Deyaar is delighted to be associated with this coveted project. This unique tower offers Deyaar the perfect opportunity to enter the iconic building market.

Aristocrat Star unveils Dh.5bn worth Royal Estates Community


A UK-based real estate, retail and manufacturing conglomerate, Aristocrat Star Investments, launched Dh.5bn worth mixed-use developments in Dubai.

Targeted at the high-end market, the Royal Estates Community, spreads across 3.5mn square feet, and is located in the Dubai Investment Park.

The residential district has about 34 villas with five bedrooms each, 200 townhouses with four bedrooms each, and about 810 apartments.

The Gateway Apartments and Park View Apartments are a collection of six-storey low-rise residential buildings, located at the entrance of the Royal Estates residential community.

The Chief Executive of Aristocrat Star Investment, Osman Valli, revealed that about 90 percent of the apartments are either studios or single-bedroom apartments, priced at Dh.1400 per square foot.

The commercial buildings will offer about 852 offices, while the retail will include about 850,000 square foot boutique retail mall.

The hospitality aspect of the development will include Dh.180mn hotel and hotel apartments worth Dh.400mn. The company is under talks with Kempinski to have its Shaza Hotels brand manage the 380-room five-star restaurant.

Construction will commence next January, and will be complete within two years.

The group will launch another two properties during the coming months. A Dh.3bn project is planned at Al Marjan to be launched in four to six weeks, while a Dh.6bn project, spreading about 4million square feet is also in pipeline for UK-based investors.

Al Barari properties earn good demand from world's super-rich


According to a property developer in Dubai, its new $6.4bn luxury residential development has drawn more billionaires than in any other part of the world.

Located off the Emirates Road in Dubailand, the villas and apartments of the Al Barari mixed-use development, in the Nad Al Sheba area, are being snapped up by the super-rich.

The Chairman of Al Barari, Zaal Mohammad Zaal, agreed that Al Barari has more billionaires per square meter, than anywhere else."Most of our buyers are what you call 'old money'. They are the end-users and we hardly have speculators," he said.

Mohammad Zaal refused to give details, but said that the people here love their privacy. About 300 secluded villas, amidst lakes and trees, are spread across 14.2million square feet of space. Al Barari is one of the lowest density developments in the region, and more than 80 percent of it is in the un-built area.

The villas have a starting price of $10.3mn, and the apartment prices range from $1.4mn to $4mn. Phase one of the project, which includes 300 villas, is about 75 percent complete. The earthworks and infrastructure will begin towards the end of the year during phase two, which includes 32 villas, a six-star boutique hotel, apartments, spa and resort, gardens, shopping areas, apartments, culture village and a grand mosque.

About 200 villas of phase have already been sold, and a huge demand is being witnessed for phase two of the project. The entire scheme would be complete towards end of 2011.

New Royal Bay project, worth Dh.1.8bn unveiled at Dubai Waterfront


A new Dh.1.8bn Royal Bay project was unveiled at the Dubai Waterfront by the developer VIP Waterfront.

Complete with two helipads to enable access, the Royal Bay development covers a built-up area of more than 1.2mn square feet. The development includes a 158 units residential tower and a penthouse. About 107 offices are situated within its commercial tower. Both towers are linked at one level with a floor which includes a spa and a gymnasium.

The development also houses 12 villas and two palaces and a three-storey shopping mall. The helipads will ease transportation within the locality.

The Chief Executive Officer of VIP Waterfront, Slava Garin said that heli-transportation will soon be a part of future transportation in the country.

Royal Bay is situated in proximity to the Dubai World Central, the largest international airport, and hence its easier to reach the place, as even car traffic is restricted in the Waterfront, he added.

The apartment prices begin with Dh.2300 per square foot, and starts with Dh.2700 per square foot for villas.

Royal Bay will be displayed at the International Property Show in Moscow early next week.

The Golf Community by Tiger Woods Dubai nearing completion


A member of Tatweer Dubai, The Tiger Woods, revealed that the construction work on the 55million square feet golf community development is heading towards its scheduled completion by the end of 2009.The project has met with considerable progress across all facets of development, including the Al Ruwaya Golf Course, the world's first to accept design cues from the Champion Golfer. A boutique hotel and a club house designed by Elie Saab are also coming as per plan.

According to The Tiger Woods Dubai, there is a huge demand ever-since the launch of sales in July and the development is drawing good end-users and investor response.

The Project Director of The Tiger Woods Dubai, Abdulla Al Gurg, said that the timely progress made by the company indicates the commitment by the company to deliver promises not only with regard to completion dates, but also with creating a development which would be one of the much sought after golf destinations in the world.

A major component that has registered a steady progress is the Al Ruwaya Golf Course, wherein the 13 holes have been rough shaped and detailed shaping is in progress on nine of the holes. Irrigation, landscape and drainage is being installed on the first few holes.

Construction of lakes is also making progress inline with the proposed date of complete of the golf course.

The final design stages for the exclusive 360,000 square foot luxury boutique hotel is being finalized, with the construction of exclusive hotel, due to commence next month. It would near completion towards fourth quarter of 2010.

The Tiger Woods Dubai has also recently entered into a deal with the renowned three-star Michelin Chef Guy Savoy for a signature restaurant, his first ever debut in the Middle East at the boutique hotel.

The hotel will include 90 suites, 14 bungalows in the range of 1300 to 9500 square feet. Spreading across a 10,000 square foot oasis-style swimming pool and spa, the hotel targets the top-tier clients.

i-Rise Tower on track for completion in 2010


Realty Capital has announced completion of works on the fifth podium floor slab of its i-Rise Business Tower project. The company has confirmed that the project is on track for its scheduled completion by mid-2010.

At present, work is in progress on two more slabs to complete the podium structure, comprising huge concrete and steel quantities.

Even the mechanical and electrical works are going as scheduled, and the interior designing team has already reviewed the finishes and is working on the best possible design to match the magnificent façade.

Covering a built-up area of 1.8million square feet, i-Rise Tower is one of the largest office towers in the region.

Being one of the major office developments in the region, i-Rise has been successful in generating attention from potential tenants and investors. Hence we are determined to continue with the development, without any delay and complete the project within the scheduled time frame, said Marwan Mansour, CEO of Realty Capital.

On completion, i-Rise tower would comprise 37 storeys with premium facilities like 18 high-speed elevators, retail space, fitness center, restaurants, cafes, and large multi-storey car parking. The unique design of the tower would make it a popular landmark in Dubai.

IRIS launches IRIS Crystal commercial tower at Business Bay


IRIS, a leading property developer in the region, has officially launched the Dh.600mn IRIS Crystal, during an event held at the InterContinental Hotel on 28th April.
Located at the heart of Business Bay, the 25-storey five-star luxury business development is a freehold office tower, covering 300,000 Square Feet of floor space and 12,000 Square Feet of retail space on the ground level.
Designed by well-known international architects, Aedas, IRIS Crystal will be a commercial tower with prominent architectural features and rich interiors with finest fittings and innovative technologies incorporated. The tenants will have access to a wide range of amenities including health and fitness facilities, state-of-the-art business center, retail outlets all complemented by modern office infrastructure.
The interior will be so designed that it ensures efficient usage of space and light, accommodating six high-speed elevators, nine levels of parking with sufficient parking space for 672 cars, 24 hours secturity, high-speed internet connectivity in all units, state-of-the-art CCTV systems, Smart Card access control, apart from offering unparalleled aesthetics, which ensures high return on investments.
The starting prices of units at IRIS Crystal is nearly Dh.2,976 per Sq. Ft.
The IRIS CEO and the Managing Director of Sheth Estate, Ashwin Sheth, when speaking during the launch, mentioned that the impressive growth of Dubai economy has led to increased demand for office space at prime locations, and that IRIS is proud to introduce another iconic development in Dubai's prime business hub.

JMS unveils luxury hotel & commercial tower -Sharjah Jewel


JMS has announced plans to unveil a luxury hotel and commercial tower, called the 'Sharjah Jewel', worth Dh.1.5bn, at the Al Mamzar Lagoon in Sharjah.

The tower, which is ideally located at the pristine beaches of Al Mamzar Lagoon, will heighten the sense of luxury for anybody working or residing there, and afford good accessibility to Dubai and Sharjah.

The unique 'hanging' form of the Sharjah jewel will continue to rise dramatically at ground floor plus 55 floors. The top eleven floors of the Sharjah Jewel is comprise of furnished residences, connected directly to hotel, with access to office tower. The floors at the office space are likely to be the most sought-after in the UAE, due to the magnificent views of Al Mamzar Lagoon and the Sharjah skyline.

The JMS Chief Executive, Randa Kamal, said "The unique and outstanding architecture, coupled with the top quality construction and fittings, makes Sharjah Jewel the ideal landmark development in the emirate."

The work on the development is due to begin in the first quarter of 2009. The project is likely to be complete within 30 months after the commencement of construction.

Aldar launches second phase of Al Mamoura, Baniyas Towers


The leading integrated property developer, Aldar Properties, has launched the second phase of Al Mamoura and Baniyas Towers at Abu Dhabi.

The two commercial developments, located at the heart of Abu Dhabi, offer about 62,000 square meters of office space, thereby helping to meet the high demand for office space in Abu Dhabi.

Followed by the pre-letting of the 37,000 square meters of entire Al Mamoura A, another 20,000 square meters at Al Mamoura B, is also due for completion, and will be open for lease by the end of this year.

Baniyas Towers will have another 42,000 square meters of grade A office space to offer in two buildings, that are due for completion by January 2009.

Al Mamoura B and Baniyas Towers will offer 'grade A' office accommodation, including high-end amenities, together with units of flexible size, available for lease. Both developments will have ample parking for its tenants and will be serviced by a high standard of building management.

"Aldar Properties hopes to provide the market with a considerable amount of international grade office space by the year 2009. These projects are being done inline with Aldar’s initiative to meet the requirements of this rapidly evolving city and its high demand for quality office accommodation," said Ahmed Ali Al Sayegh, Chairman, Aldar Properties.

SIT Tower -new hitech commercial destination at Dubai Silicon Oasis


Dubai Silicon Oasis has witnessed the launch of another commercial project, the S.I.T. Tower, which is expected to be Dubai's new hi-tech commercial destination.

According to developer of the project, Muhammad Nasir Muhammad Iqbal, the development is likely to meet considerable success due to its unique features, and the prime location.

It has been formed through strategic partnership with Sherwoods Independent Property Consultants and First Choice Real Estate, which further boosts confidence in the project, he added.

The S.I.T Tower, which was unveiled at the Westin Dubai Mina Seyahi Beach Resort and Serdaal Ballrom, features a good combination of excellent business location with world-class amenities, and attractive payment schemes that make it an attractive investment among investors.

About 25% of the tower is already complete. An escrow account has been opened, which has gained the approval of Dubai's RERA (Real Estate Regulatory Authority). Other key amenities of the tower are high-end retail shops, and complete range of restaurants and cafes.

Being located in Dubai Silicon Oasis, the tower appears to be an attractive investment option to foreign investors, as it permits 100 percent foreign ownership with zero personal and corporate taxation, and many other privileges of free-zone.

The commercial complex will take advantage of a thriving urban community, with a master-planned residential environment nearby, apart from a world-class infrastructure, and easy access to Dubai's International Airport, Jebel Ali sea port and Dubai's central business district.

The developer of the project has already made a mark through projects such as International City -Phase 3 and Al Ittihad Village and other developments in Limitless, Downtown Jebel Ali and Dubai Waterfront.

ACI and Escan Real Estate to develop Dh2bn Escan Tower


ACI Real Estate, the German developer, together with Escan Real Estate, has announced their plan to develop the only freehold commercial tower, the Escan Tower, on Sheikh Zayed Road at a cost of Dh.2billion.

The Escan Tower comprising 60 storey will offer a mixed-use space of 570,000 square feet on Shaikh Zayed Road, opposite Mazaya Center. The storey one to twenty will be exclusively reserved for office space, while floors twenty one to sixty will be set aside as residential units, apart from high-end retail and dining facilities.

Escan Tower owns the credit of holding "rare freehold status on prime real estate", reveals the Chairman of Escan, Saeed Mattar Bin Belaila. It is also the first freehold commercial building on the highway, which contributes significantly to the landscape of Sheikh Zayed Road.

The tower also includes a five-storey business center, and currently talks are on regarding the company which will brand the center. The selected company will be announced during the coming weeks, reveals the Managing Director of ACI, Robin Lohmann.

Ever-since its entry into the Dubai realty market in 2004, ACI Real Estate has invested more than Dh.10bn in Dubai. ACI is planning several new exciting projects by end of the year.
Escan has a portfolio of more than Dh.13bn but this year it is set to jump higher, and plans to touch Dh.20bn.

Emaar expands further with the launch of Warsan Estate


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.