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Tameer chooses the most significant real estate show, Cityscape 2007, to officially announce the launching of three new projects
- United Arab Emirates: Monday, October 15 - 2007 at 15:41
- PRESS RELEASE
The region's leading real estate firm Tameer, is participating significantly in the Cityscape 2007, which will continue till October 18, at Dubai International Convention and Exhibition Centre, with a set of new projects that are ready to be launched.
Tameer will officially announce today (16th Oct 07) the launch of 3 of its newest projects in Dubai, Abu Dhabi and Jordan. The projects will hold the name of "Platinum Towers" in Dubai Business Bay, "Tameer Towers" in "Shams Abu Dhabi" and "Al Majd City" in Jordan.
"Enthusiasm and trust are both influencing our participation this year, given the fact that the exhibition is occurring at a historic moment in time where construction and realty development is at its apex in both the UAE and GCC.
Today the property industry is helping to fuel economic activity in the Gulf as a result of a prudent fiscal policy that is successfully attracting foreign investments to the property sector. It is this new legislation that is facilitating investment opportunities in real estate, in addition to the factors of population growth and an increase in oil prices and foreign money that is looking to establish both Greenfield projects as well as FDI opportunities. It is at this age that many prefer to invest in homes and property, as it works as a safe long term investment and offers good returns", said Omar Ayesh, President of Tameer Holding.
"Tameer knows well the meaning of appropriate timing and a good event, and this has been proved with its ability to attract attention to its projects. Thus, the launching of 3 projects at Cityscape 2007, is the perfect opportunity to let visitors and the press see what we have achieved in the property industry, and our region wide expansion plans that answers the needs of societies different social levels", he added.
Observers expect that Cityscape will attract this year more than 500 exhibitors, and more than 30000 specialist visitors from more than 100 countries, with the value of projects unveiled to exceed a trillion dollars. It is worth mentioning that the exhibition organizers had increased the exhibition area by 27% compared to last year, to reach a total of 70000 ft2.
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About Tameer:The journey of Tameer began in 1991. This UAE-based company has grown over the years, with the aim of becoming the leading property developer in the region. In 2005, Tameer Holding formed a strategic partnership with Al-Rajhi Investment Group and today the firm's investment portfolio in the realty market totals over Dhs150b.
Currently, Tameer Holding is developing key projects in the UAE, such as its signature development "AlSalam City" in Umm Al Quwain, and "Al Ameera Village" in Ajman, with "Princess Tower", one of the world's tallest residential tower, located in Dubai Marina. This was followed by other key projects in Dubai such as the "Al Dana 1 & Al Dana 2" projects, "Al Shahd" Tower on the Emirates Hills, "Al Jawzaa" in International City, The Palace Towers in Dubai Silicon Oasis, "Elite Residence" in Dubai Marina and "Imperial Residence" in Jumeirah. The "Regal Tower" the "Silver Tower" and "Platinum Tower" in the heart of Dubai Business Bay and the "Tameer Towers" and the "Gate" projects in Shams Abu Dhabi located in the capital's Reem Island."
In addition to these projects in the UAE, Tameer has numerous international developments including "Madinat Al Majd" in Jordan and "Al Hanaa City" in Libya.
For more information, please contact:
Hunada Zein Edin
Corporate Communications Manager
Marketing Department
00971 6 599 5159
Rola Shalak
Assistant Manager, Corporate Communications
Marketing Department
00971 6 599 5161
Serine Srouji
SAHARA PR
00971 6 5737018
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