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Monday, March 22 - 2010

More than 75 per cent of construction completed at Sky Gardens

  • United Arab Emirates: Wednesday, April 11 - 2007 at 11:47
  • PRESS RELEASE

Leading property firm Al Mazaya, have announced the 75 per cent completion of construction works for its Sky Gardens development, a project established by Dubai First Real Estate Development Co., a subsidiary of Mazaya Holding.

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  • Mr. Marwan Asaad, Senior Vice President Projects.
    Mr. Marwan Asaad, Senior Vice President Projects.
Work had commenced in January 2006 and to date 33 out of the 40 residential floors have been completed. A spokesperson for the Sky Gardens Project said that construction development is going to plan and should be completed on schedule, in November 2007.

Based near the gate of the DIFC and facing Emirates Financial Towers, the Sky Gardens will be the first residential tower to be finished in a district that will be the focal point for economic activity in the region, attracting many investment banks and financial intermediaries from around the world. The financial centre provides all the prerequisites needed for a thriving futuristic metropolis including museums, galleries, shopping malls and landscaped living areas.

"Sky Gardens is Al Mazaya's flagship project in Dubai, where a number of units have already been promoted to investors after selling 45% of the project while the remaining units will be held for future plans where they will be sold as furnished units, taking into account the great demand for these kind of property in Dubai",


said Mr. Marwan Asaad, Senior Vive President Projects.

"Our progress in these construction works is rapidly turning our plans into reality. It is through the imagination and ingenuity of our architects, technicians, workers and our entire team, that the Sky Gardens development is proceeding higher and higher day after day, as another quality project under the name of Al Mazaya", he added.

The project comprises of a 40- storey residential tower covering an area of 5990 square meters. The designer of the project is from one of the world's most prominent architectural bureaus, the London based Gensler. Supervision of the project is assumed by WS ATKINS, while management by Projacs International. The project contains 575 residential units varying between studios, two and three bedroom apartments, duplex apartments and penthouses.

Adding to the location of the project, Sky Gardens is characterized with the beauty of design, where the element of creativity in this project is demonstrated in its five suspended gardens that overlook most of the residential units. This element enhanced the aesthetic image of the project internally and externally.

The luxurious design and the location itself have dictated the Sky Gardens design to be finished to high standards of furnishing specifications. Its façade is of American origin and the granite imported from Spain, which would make the project a distinctive architectural trademark. The fountains surround the building, are created by Unique Interior Design, who have already begun working on the interior designs inspired by an Armani style - with an oriental touch. All sanitary works used in the project are supplied by Villory & Boch, kitchens by TEKA and lifts by KONE.
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Notes and media contacts

About AL MAZAYA:

Al Mazaya Real Estate Development Co., listed on the Kuwait Stock Exchange and Dubai Financial Market, created a distinctive place for itself in the economic sector through the implementation of several major and vital projects across the region. The company provides comprehensive real estate services and products across various fields, including housing projects that include high class and deluxe villas, vertical flats and accommodation buildings, office buildings and the purchase and apportionment of large spaces in selected areas. The company's record includes a number of outstanding projects. In Kuwait this consists of, (but not exclusively): Al Maha Villas, MAZAYA Villas, Al Roya, The View Point, 7 Zones, and Kuwait Business Town. In Dubai their projects includes The Villa, Dubai Healthcare City, The Icon, Sky Gardens, Towers at Business Bay and Al Liwa. In addition to several other projects in Lebanon and Jordan, Mazaya Real Estate Development Co. has a capital of $23 million, reflecting a prosperous and bright future for the company that is providing the greatest amount of return for its shareholders.

For further information, please contact:
Serine Srouji
SAHARA- PR Department
Tel: 06 5737018
Fax: 06 5737019

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