Al Abbas Group to embark on second project at DSO

Al Abbas Group, one of the oldest conglomerates in the UAE, which has entered into the real estate sector recently by launching 'Lynx' at Dubai Silicon Oasis (DSO) has hinted at a second project at DSO.

  • United Arab Emirates: Saturday, September 01 - 2007 at 10:32
  • PRESS RELEASE


Hadi Ebrahim Al Abbas of Al Abbas Group, Ali Reza Mohammed Ali of Tamanna Real Estate and others during the ground breaking ceremony.
Hadi Ebrahim Al Abbas of Al Abbas Group, Ali Reza Mohammed Ali of Tamanna Real Estate and others during the ground breaking ceremony.

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Work on 'Lynx,' a major commercial cum residential development with a cost of Dhs200 million getting ready at Dubai Silicon Oasis has begun in full swing with the official ground-breaking ceremony performed recently.

'Within a short time since we launched Lynx, one of the major projects developed by us in Dubai, 90% of the project has been sold out,' said Hadi Ebrahim Al Abbas, Managing Director of Earth Developers, the developers of the project and member of Al Abbas Group.

'As Al Abbas is the only local group, which has invested in DSO, we will do something very special to make our project the most sought after one,' he said during the ground breaking ceremony.

'With four decades of strong presence in the diversified fields of business in Dubai, Al Abbas Group stands out with exceptional quality and confidence, which has led to tendering the property at 20% premium for its first project itself within an incredibly short span of time since its launch,' said Abbas.

'We hope to complete the construction work of this landmark project at Dubai Silicon Oasis ahead of schedule as the area is fast developing into a modern day business hub. The property is expected to be ready by December 2008,' said Abbas.

'Al Abbas Group, which shares Dubai leaders' vision for excellence combines the real estate expertise of Earth Developers and the marketing skills of Tamanna Real Estate, the exclusive sales agents of the project to make the Lynx a big success,' he said.

'At the sprawling 7.2 million square metre Dubai Silicon Oasis, a technology free zone, established with the motto of 'high on returns and low on investment, Lynx office or apartment comes at a surprisingly low investment,' said Abbas.

He said Lynx is an elite development within a unique world that marks Dubai's ever-evolving vision for progress.

The foundation and piling contract for the project was awarded to Atlas Foundation Est.

Thoughtfully designed, Lynx reflects 21st century dynamism in its sleek design, functionality, convenience and promise of exclusivity. With separate wings for apartments and offices, Lynx offers a choice of spacious and stylish studios, one, two and three bedroom apartments.

Space-sensitive interiors and maximum utilisation of natural light enhance the luxury and comfort of the living space at Lynx. Tailor-made offices suit individual business requirements, along with contemporary business and communication facilities, conferencing amenities and an array of dining, retail, fitness and executive grooming services.

Lynx is designed for a healthy family life and productive work environs. A fully equipped health club, spa and Jacuzzi, swimming pools and a multi-cuisine food plaza all within the complex offer relaxation and leisure.

Lynx is located in close proximity to shopping malls and supermarkets, schools, hospitals, parks, entertainment and recreational facilities both within and outside Dubai Silicon Oasis. The Dubai International Airport next door brings convenience right to the doorstep.




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Medilyn Manibo Posted by Medilyn Manibo, Assistant News Editor
Saturday, September 01 - 2007 at 10:32 UAE local time (GMT+4)

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