Al Fara'a Properties' Dhs225m Le Grand Château completely sold out

Al Fara'a Properties, the flagship subsidiary of the Al Fara'a Construction Group, has announced that its signature project, the Dhs225m Le Grand Château, has been completely sold out.

  • United Arab Emirates: Tuesday, October 02 - 2007 at 10:33
  • PRESS RELEASE


Le Grand Château.
Le Grand Château.

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Al Fara'a is on track towards its timely completion and subsequent delivery in the fourth quarter of 2008, thus becoming one of the first to deliver a project within Jumeirah Village.

The outstanding performance comes at a time of increasing competition from an unprecedented growth in developments in the region, and according to J.R. Gangaramani, CEO and MD of Al Fara'a Construction Group, is a result of the company's solid background, multi-discipline group structure and strong commitment to delivering world-class properties.

'Dubai has developed into the paramount trading platform and tourist destination in the Middle East, with an estimated 2,100 construction projects planned or underway across the Gulf in a market valued to be around the $1.5 trillion mark. Therefore, setting our developments apart in terms of quality, service, timely delivery and value are key drivers of Al Fara'a Properties,' said J.R. Gangaramani.

The strong interest shown in Le Grand Château reflects Al Fara'a Properties' ability to create new offerings that cater to the exact requirements of its clients according to Natasha Gangaramani, Director, Al Fara'a Properties. 'We are intent on offering a total, tailored, quality product and I am convinced that investors will see significant capital appreciation. The luxurious, majestic design of Le Grand Château is also a fitting tribute to the quality and standard of craftsmanship our customers associate with the Al Fara'a brand. This is a quality that is unique to Al Fara'a Properties because our multi-discipline affiliates control at each and every stage of the development,' added Gangaramani.

Ideally located at the heart of the Jumeirah Village community and adjacent to a green belt, the much sought-after Le Grand Château is inspired by the timeless architectural splendour of the 16th century Chateaux of the Loire Valley in France. All Le Grand Château properties will be finished to the very highest standards - from furniture to lighting - each being conceptualised and manufactured by an elite group of specialists.

The development comprises 15 luxurious, feature-filled 4 bedroom G+2 townhouses and a residential apartment block with a total of 185 studio, 1, 2 and 3 bedroom apartments that overlook a beautifully landscaped inner courtyard, and features a host of amenities including 24-hours security and maintenance, Broadband internet connectivity, and a professionally managed clubhouse.




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About Al Fara'a Properties
Al Fara'a Properties was established by the Al Fara'a Construction Group and leverages the Group's 27 years of experience to build a world-class, professional and client-oriented property development arm. The services offered by Al Fara'a Properties include property development, sales, management, investment portfolio, facilities management, leasing and corporate client consultancy. Born out of the Al Fara'a Group's core values of integrity, customer satisfaction, building partnerships, ethical and professional service delivery, and commitment to enhance customer value, Al Fara'a Properties will keep on track to become one of the premier developers in the region.

About Al Fara'a Construction Group
Al Fara'a Construction Group has a solid track record of more than 27 years, executing prestigious projects in the UAE, building a reputation for delivering outstanding client value and completing projects on time and within budget. It is a conglomerate of leading business entities including Unibeton, Belgium Aluminium and Glass and Al Sabbah Electro Mechanical.

Unibeton, is the market leader in ready mix concrete, and recently created history by pouring a record 22,000 m³. of concrete in less than 35 hours at Al Attar Sky Spiral, Dubai. Belgium Aluminium and Glass is UAE's largest service provider for the fabrication and installation of aluminium and glazed structures and decorative metal work. Other business entities of Al Fara'a Group deals in contracting, precast, joinery, and steel structure, covering the entire domain of the Construction Industry. Led by a team of experienced engineers, managers and technical experts, Al Fara'a Construction Group utilises the most advanced technology and offers multidisciplinary services through one client interface, which reduces costs, simplifies the most complex projects, and enables the company to deliver premium value to the client.

For more information, please contact:
CommuniGate Middle East
PO Box 66861, Dubai, UAE
Tel: +971 4 3988134
Fax: +971 4 3988137
Website: www.communigateme.com
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Tuesday, October 02 - 2007 at 10:33 UAE local time (GMT+4)

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