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Thursday, November 26 - 2009

ETA Star completes registration process with Real Estate Regulatory Authority

  • United Arab Emirates: Tuesday, September 04 - 2007 at 13:27
  • PRESS RELEASE

ETA Star Property Developers LLC, a leading property developer in the UAE, has announced the successful completion of the Developer registration process with the Real Estate Regulatory Authority (RERA), a subsidiary of Dubai Land Department, formed to regulate the property segment of the emirate.

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ETA Star is among the first developers to register in accordance to Law 8 of "Regulating Escrow Accounts in the Property Development in the Emirate of Dubai". The developer registration number of ETA Star is 26/2007.

Commenting on the completion of the registration process with RERA, Mr. Abid Junaid, Executive Director, ETA Star said:

"We believe that RERA will play a key role in the development of the property market in Dubai. The recent announcements from RERA will help further enhance the segment's trust and credibility factors, which ETA Star strongly believes in."


He further added: "Property seekers in Dubai and abroad can now be assured of the security of their investments in new projects here. We also believe that the new developments will help further validate Dubai in the eyes of the world as a hotspot for property investment."

ETA Star is currently developing millions of square feet of premium property in countries across the Middle East and South-East Asia, including UAE, India, Sri Lanka, Qatar and Turkey. ETA Star has built thousands of beautiful homes and living communities, as well as, world-class business and commercial developments across the globe - all excellent investment opportunities, which are fast reshaping the urban skyline. Keeping this track record in mind along with a distinctive ETA Ascon lineage, the regional banks have developed confidence in ETA Star Properties and a strong credibility has been established with the leading financial institutions of the region.

A rare promise to keep in today's swarming real estate market; every ETA Star property is as per schedule and construction is progressing at an aggressive pace. Forever in pursuit of better customer service, ETA Star has introduced revolutionary and innovative investment opportunities for their customers with unique partnerships with leading financial institutions across the world.

ETA Star is one of the leading property development companies in the GCC and is the first developer in the region to be awarded the ISO certification. The company has successfully launched projects close to 10 million sq ft in various master development communities like Dubai Marina, Jumeirah Lake Towers, Dubai International Financial Centre, Business Bay and International Media Production Zone. ETA Star's portfolio includes pioneering projects such as 23 Marina, Al Manara, Liberty House, Gold Crest Executive, The Palm Jumeriah Residence and Spa and Grandeur Residences, The Summit, Pearl Residence, The Belvedere and Gold Crest Views-2.
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About ETA Star
ETA Star Property Developers LLC is the property development arm of the ETA-Ascon Group. The company's prime objective is to harness the growing commercial opportunity in Dubai's freehold market. Developments over 10 million square feet of built-up area are already underway and many more are planned over the coming months. ETA Star's portfolio currently includes prestigious commercial and residential properties such as 23 Marina, Liberty House, Goldcrest Executive, Goldcrest Views - 2, The Belvedere and The Palladium. In addition, ETA Star is developing commercial and hospitality projects at the DMC complex, Palm Jumeirah Crescent, Port Saeed, Salahuddin Road and other prime locations in the UAE. ETA Star is also developing major residential and info-tech parks in India and Sri Lanka.

For further information, please contact:
Ayesha Tully/Jumana Aman
Watermelon PR
Dubai, UAE
Phone: +971- 4 -2833 655

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