Eighth Gate is set to redefine the property landscape of Syria through its judicious mix of components. A joint venture between Emaar and IGO, an investment and property development company, the project is located in Yafour, some 15 minutes away from the Damascus city centre.
"Eighth Gate is one of the pioneering developments in Syria, and investor response to the project has been overwhelming," said Dr Nader Mohammed, Regional Managing Director, Emaar International. "We have been streamlining the enquiries and now with the opening of the Sales Centre, the first of its kind in Syria, potential investors can assess the various features of Eighth Gate first-hand and arrive at informed decisions."
The project is inspired by the legendary seven gates that were access points to Syria's rich civilization. A signature tall gate marks the access to the main plaza. The project is divided into three zones - Commercial Centre, Waterfront and Residential.
Dr Anas Kozbari, CEO of IGO added: "We are pleased to partner with Emaar in developing an inspiring development such as Eighth Gate. The project will recreate Syria's ancient heritage yet at the same time offer modern day community living. The launch of the Sales Centre now offers Syrians the opportunity to learn more surrounding the upcoming project."
Mr Sarhad Haffar, General Manager, Emaar Syria, said: "The Eighth Gate Sales Centre showcases the various facets of the entire project including the shopping mall, which will be one of the largest shopping malls in the region. The master-planned community will also have several amenities inspired by the architectural styles of Damascus, along with interconnected courtyards."
Emaar's expansion into Syria is in line with its Vision 2010 to become one of the most valuable companies in the world. The company today has a significant presence in 36 markets globally and has also diversified into education, healthcare, malls, finance, and hospitality & leisure.
Browse
related articles
Emaar Syria completes Sales Center for Eighth Gate
- Syria: Saturday, August 18 - 2007 at 16:20
- PRESS RELEASE
Emaar Syria has completed the Sales Centre of its SYP26 billion (USD500 million) mixed-use development, Eighth Gate.
Related stories
Also consider reading:
Twitter
Facebook
LinkedIn
Digg
Browse
related articles
Today's most read articles:
- » Nakheel commences handover of Marina Residences
- » Alba appoints new Chief Executive
- » Alcatel-Lucent shares four critical determinants for FTTx implementation at FTTH Middle East Conference
- » World tallest hotel, the Rose Rayhaan by Rotana, to open in Dubai
- » New products, world's leading desalination companies headline the exhibition at IDA world congress on Desalination and Water Reuse
Log in to request more information from Emaar Properties
Notes and media contacts
Potential investors can visit www.emaarsyria.co.sy to register their interest.About Emaar Syria:
Emaar Syria is the subsidiary of Dubai-based Emaar Properties PJSC, a global property developer with six business sectors, more than 60 active companies and a collective presence in over 36 markets spanning the Middle East, North Africa, Pan-Asia, Europe and North America.
Emaar's expansion to Syria is in line with its Vision 2010 to become one of the most valuable companies in the world through geographic expansion and business segmentation. Emaar has joined hands with IGO, an offshore investment and property development company, to unveil Eighth Gate, a master-planned community in Syria. Eighth Gate features waterfront villas and apartments; a Commercial Centre comprising the Damascus Stock Exchange and business spaces; and one of the largest shopping malls in the Levant region. The project broke ground in June 2006, and work is progressing on schedule.
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 hospitality & leisure, malls, education, healthcare and finance, 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 course to becoming 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 the US$26.6 billion King Abdullah Economic City, the region's largest private sector-led project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, 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 Hotels & Resorts 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.
Invest Group Overseas:
Invest Group Overseas (IGO) is an off shore company registered in the British Virgin Islands with headquarters located in Dubai, United Arab Emirates. IGO is an investment company that specializes in exploring business opportunities in the Middle East and other potential markets. IGO aims to becoming one of the leading investment and management companies in the region's booming economies.
With investment in the real state business in the Gulf Region and in particular in Dubai, IGO has been able to set an example of excellence in term of designs, comfort, customer reliability and services. Today IGO, through its sister company MAG Properties, has launched several major real estate projects in Dubai that have left their mark on the UAE real estate market.
For further information, please contact:
Kelly Home / Nivine William
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 334 4550;
Fax: (+971 4) 334 4556
Posted by Lara Lynn Golden, News EditorSaturday, August 18 - 2007 at 16:20 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.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds