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Emaar launches Mosela Waterside Residences at The Views on February 10

Emaar Properties offers buyers the opportunity to choose from 24 different floor plans at the Mosela tower within The Views residential development.

United Arab Emirates: Wednesday, February 07 - 2007 at 14:59
PRESS RELEASE

A rendering of the Mosela residence at The Views.

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Amlak Finance is offering up to 96 per cent home finance support for owning a home in the 24-storey building that features a mix of studios, and one-, two- and three-bedrooms. Sales will commence on February 10.

Mosela blends Mediterranean architectural elements that are characteristic of mid-rise towers with the height advantage offered by high-rises, thus creating a unique residential address in the heart of New Dubai. Located close to Emaar Business Park, in close proximity to the Dubai Internet City and Dubai Media City, Mosela Waterside Residences offer picturesque views of the neighbouring Emirates Golf Club and pleasing vistas of canals.

'The Views is a preferred residential choice for its convenient location and the superb views it guarantees,' said Ms Bahiya Kayed, Assistant Director of Sales, Emaar Properties. 'Mosela builds on these advantages further by the being the first tower within The Views to offer golf course and waterside views. It also offers customers a varied choice of floor plans that will help them own their dream home.'

Investor response to all launches and sales initiatives at The Views has been overwhelming. 'The Views enjoys tremendous brand equity, which appeals to both potential home owners and investors,' said Ms Kayed. 'As a residential project from Emaar, it also enjoys the singular advantage of having a 10-year warranty.'

Mosela Waterside Residences will have modern finishes and convenient amenities that will enhance their appeal to individuals and institutional buyers looking for short-term and long-term investment in Dubai. 'Residents of The Views can also enjoy facilities such as an expanded retail centre, coffee shops, restaurants, a mosque, hotels and schools,' said Ms Kayed. 'The central location near Emaar's other neighbourhoods such as The Greens and The Springs makes The Views an ideal buy.'

The Views comprises Water Side and Golf Side towers, offering picture-perfect views from all apartments. The Water Side towers include Arno, Travo, Turia and Una, and Golf Side Towers include The Fairways, Golf Towers and The Links. Many of the units have been handed over; construction is ongoing according to schedule on the other towers.

Emaar is the only developer to offer a 10-year warranty on its projects.

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Notes and media contacts

Potential home-owners can visit the Emaar Sales Centre, Building 1 at the Emaar Business Park for more details on the project and for pre-approval from Amlak. They can also call toll-free 800-EMAAR.

About Emaar Properties PJSC:
Emaar Properties, the Dubai-based Public Joint Stock Company established in 1997, is a global property developer with significant presence in 14 countries. Listed on the Dubai Financial Market and part of the Dow Jones Arabia Titans Index, Emaar has diversified into education, healthcare, retail, hospitality and finance as part of its Vision 2010 to become one of the most valuable companies in the world.

Certified to ISO9001:2000 for quality standards, Emaar is developing Burj Dubai, on its way to become the world's tallest tower, and The Dubai Mall, the world's largest shopping and entertainment destination. In Saudi Arabia, Emaar is developing King Abdullah Economic City, the Kingdom's largest private sector project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Egypt, Morocco, Turkey, Libya, India, Pakistan, the US, Singapore and the UK.

A multiple-award winning developer, Emaar has strengthened its product sale competencies, market reach and best practices through strategic acquisitions and joint ventures. Emaar acquired John Laing Homes, America's second largest privately held home builder; Hamptons International, UK's premier real estate company; and Raffles Campus, Singapore's leading education provider. Emaar has partnered with Turner International, Accor Hotels and Giorgio Armani to strengthen its presence in construction management and hospitality sectors. Emaar is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent, and will launch ten luxury hotels and resorts world-wide.

Emaar holds 30 per cent equity in Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in Amlak Finance, UAE's leading Islamic home financing company.

For further information, please contact:
Kelly Home / Nedal Alasaad
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 335 5969; Fax: (+971 4) 335 6080

Posted by Janeta Novakovic, Assistant News Editor
Wednesday, February 07 - 2007 at 14:59 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

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