A key component of Emaar's Emirates Living neighbourhood, The Lakes is located near Emirates Hills and the Emirates Golf Club. Potential buyers for Ghadeer townhomes can register on-line from August 5 to 7, 2007 to attend the launch. Emirates Islamic Bank is offering easy home finance solutions to potential investors.
A gated community set amidst placid lakes and a picturesque living environment, Ghadeer offers direct access to the vibrant Lakes Community Centre that features several recreational and retail outlets. An exclusive Ghadeer Neighbourhood Park with its own swimming pool will add to the amenities.
Investors can choose from five types of Mediterranean-styled townhomes, varying in size from 2,485 to 3,153 sq ft. The three-bedroom Ghadeer homes have spacious layouts with verandahs, balconies or terraces, two car parking spaces each and gardens.
"The Lakes is an established residential community and hugely sought after by investors, who prefer the comfort of townhouse or villa living," said Mr Saif Al Mansoori, Sales Director, Emaar Properties. "The supply for townhomes is currently limited in Dubai, and demand for independent homes with gardens and access to other amenities is growing: Ghadeer meets this need."
He added: "The distinctive advantage of Ghadeer is its location within the Emirates Living neighbourhood, which also comprises Emirates Hills, The Springs, The Meadows, The Greens and The Views. Residents can enjoy facilities such as a flourishing community centre, renowned schools and nurseries, day care centres and shopping outlets. All homes within Ghadeer offer utmost privacy to residents and have gardens enclosed within walls."
The Lakes already comprises four communities - Zulal, Maeen, Deema and Forat. Ghadeer is located along the north-east boundary of The Lakes and can be accessed through three main highways - Sheikh Zayed Road, Emirates Road and Al Khail Road.
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Emaar launches sale of Ghadeer townhomes at The Lakes on August 11
- United Arab Emirates: Sunday, August 05 - 2007 at 13:36
- PRESS RELEASE
Emaar Properties will launch the sale of the Ghadeer townhomes at The Lakes, an established residential community, on August 11.
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On-line registration is through the Ghadeer page on www.emaar.com with potential buyers having the opportunity to browse through the various floor plans. An audited random selection will take place after registration closes and a limited number of applicants selected will be invited to the launch event on August 11, where they may have the opportunity to buy the townhomes. Emirates Islamic Bank is offering easy home finance of up to 96 per cent of the townhouse's value on the launch day.For more information, potential buyers can contact the Emaar Sales Centre located at Emaar Business Park, Building 1 on toll-free number: 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.
Emaar has highlighted its remarkable global growth by debuting on the Financial Times Global 500 ranking, which provides an annual snapshot of the world's largest companies.
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 malls, 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, the world's tallest tower, and The Dubai Mall, one of the world's largest shopping and entertainment destinations. In Saudi Arabia, Emaar is developing King Abdullah Economic City, the region's largest private sector-led project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Egypt, Turkey, Libya, India, Pakistan, Indonesia, the US, the UK, France and Canada.
An 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 realtor; and formed a joint venture with US-based 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 Armani resorts and hotels world-wide and 100 Formule 1 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.
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Tel: (+971 4) 335 5969; Fax: (+971 4) 335 6080
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, August 05 - 2007 at 13:36 UAE local time (GMT+4)
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