Emaar unveils more office space in Downtown Burj Dubai

Emaar Properties is offering more commercial space within its flagship development, Downtown Burj Dubai.

  • United Arab Emirates: Sunday, March 11 - 2007 at 16:22
  • PRESS RELEASE


Construction moves ahead at The Old Town Island at Downtown Burj Dubai.
Construction moves ahead at The Old Town Island at Downtown Burj Dubai.

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Commercial space at The Old Town Island and Burj Dubai Square will open for sale on March 15 with Amlak Finance offering easy finance options. All offices are nearing completion and will be ready for occupancy by this summer.

Burj Dubai Square is the central commercial entity at Downtown Burj Dubai. To meet the burgeoning demand for office space, Emaar has added Al Saaha boutique offices at The Old Town Island, a mixed-use project featuring Arabesque residences, hotels, commercial space and retail outlets built around the Burj Dubai Lake. The unique Al Saaha offices built around a central pool are roomy, bright and located within easy access of Burj Dubai Square. Both office facilities are near Burj Dubai, on its course to become the world's tallest tower.

'Commercial space is of premium value in Dubai with demand for office space set to increase by almost six million sq ft according to independent analysts,' said Hussein A. Belshalat, Senior Sales Manager, Emaar Properties. 'Al Saaha Offices at The Old Town Island and office space at Burj Dubai Square offer potential investors a strategic location advantage and help them build their businesses from one of Dubai's most vibrant environments.'

Amlak Finance is offering up to 96 per cent finance support to own commercial space within Downtown Burj Dubai. All the offices come equipped with the latest in information and communication technology (ICT) facilities. Other amenities include access to health and fitness centres, retail outlets and parking, and 24-hour security and maintenance support.

'One of the chief considerations in selecting office space is accessibility to key business hubs,' said Belshalat. 'Al Saaha Offices at The Old Town Island and Burj Dubai Square have a central location to easily reach the Dubai International Financial Centre, Dubai Internet City, Dubai Media City and Knowledge Village.'

Burj Dubai Square comprises six towers and has a range of convenient features including drop-off area, basement car parking, courtyard with cafes, cascading water features, pedestrian walkways, landscaped areas and refreshing greenery.

The AED 73 billion (US$20 billion) Downtown Burj Dubai brings in a new vibrant lifestyle to Dubai through its mixed-use components.




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Notes and media contacts

Potential investors can visit The Old Town Sales Centre from March 13 for pre-approval and more details. They can also call toll-free 800-EMAAR (36227).

About Emaar Properties PJSC:
Emaar Properties PJSC is one of the world's largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. Powered by its Vision 2010 to become one of the most valuable companies in the world, Emaar is charting a new course of growth with a two-pronged strategy of geographical expansion and business segmentation.

Replicating its successful business model in Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Emaar is also developing new competencies in retail, hospitality and leisure, education, healthcare, finance and industry, which have evolved from its integrated approach to customer service and property development.

Listed on the Dubai Financial Market, part of the Dow Jones Arabia Titans Index and 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, Morocco, Turkey, Libya, India, Pakistan, the US 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 formed a joint venture with Turner International to strengthen execution capabilities.

Emaar has joined hands with Giorgio Armani and Accor Hotels to strengthen its presence in hospitality, and will launch ten luxury resorts and hotels world-wide and 100 budget hotels in India. The company is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent. Emaar acquired Singapore-based leading education provider, Raffles Campus, to extend expertise to its educational institutions.

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
Janeta Novakovic Posted by Janeta Novakovic, Assistant News Editor
Sunday, March 11 - 2007 at 16:22 UAE local time (GMT+4)

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This Article was updated on Wednesday, March 14 - 2007
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