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Monday, November 23 - 2009

Zabeel Investments to launch new beachfront development in Umm Sequim

  • United Arab Emirates: Tuesday, March 06 - 2007 at 15:48
  • PRESS RELEASE

Zabeel Investments has announced that it has commenced work on a new (4.5) million square feet coastal development off Umm Sequim in Jumeirah Beach.

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The unique mixed use development will comprise residential, commercial and hospitality facilities reflecting a beachfront lifestyle.

"We are in the early stages of this development and will shortly announce details of the project when finalized," confirmed Mr. Mohammed Ali Al Hashimi, Executive Chairman of Zabeel Investments. "We have appointed a renowned master planner and architect who is putting together final touches to plans that will be one of the best that Dubai has seen."

Located on the prestigious stretch in Umm Sequim, the development will cover both existing and reclaimed land and will overlook the Burj Al Arab located just down the coast. The development will add to the existing beachside environment, which is synonymous with new developments in the UAE. "The new project will further extend Dubai's coastline and provide additional opportunities for the beachfront lifestyle." Mr. Hashimi concluded.

Aside from its property portfolio, Zabeel Investments is a multi-diverse company with business interests spanning private equity and asset management in the GCC and other international markets.
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Notes and media contacts

About Zabeel Investments
Founded in February 2006, Zabeel Investments is a Dubai-based multi-diversified investment company focused in the areas of commercial real estate development and management, private equity and asset management across a wide range of economic sectors in the UAE, GCC and overseas.

Zabeel Investments property portfolio currently comprises of prestige residential, commercial and hospitality developments. Zabeel Investments also has equity stakes in a number of businesses covering real estate, property design and construction, marketing communications, financial services and education.

For further information, please contact:
Rami Halawani, Anne Howard ASDA'A Public Relations Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Tel: +971 4 3344550 (ext: 446/460)

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