Cirrus Developments confirms success on Celestial Heights launch

Cirrus Developments, the pioneering Dubai-based developer that established its trust account with Badr Al Islami, before launching a single property, has confirmed that its exclusive investors' pre-launch of their first development, Celestial Heights has been a huge success.

  • United Arab Emirates: Monday, October 15 - 2007 at 12:56
  • PRESS RELEASE


Celestial Heights.
Celestial Heights.

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The event, held in Emirates Towers on 9th October, attracted a substantial number of first round investors and resulted in significant sales in the Downtown Jebel Ali located project that features two exclusive residential towers – Capella and Orion – complemented by a 22 floor commercial tower, Polaris.

Many investors, excited by the prospects of healthy returns from the first private development to be launched in Downtown Jebel Ali, a Limitless master planned development, took the opportunity to buy entire floors off-plan.

Behnam Eshragh, Chairman and CEO of Cirrus Developments, comments: “We are delighted by the phenomenal reception that investors have given both Cirrus Developments and ‘Celestial Heights’, but we are not surprised. Not only have we come to market with an exciting offer in an equally exciting location, but we have done so in a timely fashion with trusted guidance from the Dubai Land Department and within the framework of a new trust account with our trust account management partner, Badr Al Islami.”

He added, “It is the combination of these three factors, coupled with our dedication to providing first-class customer service, that we believe has given investors the confidence to invest so emphatically in Celestial Heights. This gives us great encouragement for the future.”

Celestial Heights is strategically located in Downtown Jebel Ali, the upcoming centre of Dubai – within a short distance of Jebel Ali Free Zone, Waterfront, Techno Park and Dubai World Central Airport. The chosen location is particularly significant as this international business hub has been one of the driving forces in the success of Dubai’s economy.




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Notes and media contacts

For more information on Celestial Heights contact 04 359 8686.

For further information:

Greg Moore / Christine Kalouche at Four Communications
M: 055 985 3375/ M: 055 985 3364

About Cirrus Developments

Cirrus Developments is one of the leading developers and owners of first-class real estate in the Middle East, with a current portfolio comprising over three million square feet of properties in major metropolitan areas across the Middle East, United States and Canada.

Cirrus Developments deliver innovative, high quality residential, commercial and mixed-use properties in high-growth locations. They stand for transparent business practices and have 100% customer satisfaction as a core value. Their projects are developed and managed by the best possible team of experts to meet and exceed all technical standards. The properties are intelligently designed for optimum use of space and use appropriate technology to deliver excellent value for money and ensure strong returns for investors. Their projects set the standard for superior real estate development and are designed to enrich the lives and everyday environment of all who use them.
Medilyn Manibo Posted by Medilyn Manibo, Assistant News Editor
Monday, October 15 - 2007 at 12:56 UAE local time (GMT+4)

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This Article was updated on Tuesday, October 16 - 2007
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