Monday, September 08 - 2008

Al Fara'a Properties launches Dhs95m Mulberry Mansions project

Al Fara'a Properties, the flagship subsidiary of the Al Fara'a Construction & Industrial Group, has announced the launch of the Dhs95m 'Mulberry Mansions', which is a part of the developer's planned projects worth Dhs6.5bn for 2008.

  • United Arab Emirates: Sunday, February 03 - 2008 at 14:51
  • PRESS RELEASE


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The luxurious residential development, which comprises 23 luxurious residential town homes, marks the leading developer's third project located within Jumeirah Village, following previously announced projects including 'Le Grand Chateau' and 'Manhattan Luxury Apartments', and is expected to be complete and ready for delivery in the third quarter of 2009.

Each luxurious Victorian-styled two-storey townhouse will include four bedrooms, a private two-car garage, a terrace, a balcony, maid's room with separate access, and a small private garden, which mirrors the elegance of Dubai's most sought after address at the heart of Jumeirah Village. The spacious and comfortable interiors also incorporate custom-built walk-in closets, fully-equipped kitchens and well planned master bedrooms accented by distinct lighting designs. Weaving luxury into everyday living, all carefully planned units will also boast of a remarkable view of the boulevard and a skylight to bring natural brightness and ventilation. Selected townhouses at the far sides of each row of the plot will be incorporated with elegant private swimming pools within private side gardens.

'Amidst the rapid growth of the Middle East property market, the criteria for investors in choosing suitable developments have evolved in identifying projects that incorporate highly functional facilities and luxurious amenities. Inspired by this insight, the Mulberry Mansions project stands as a testament to the uniqueness of our offerings, which is being recognised by both regional and international customers,'



said J.R. Gangaramani, Chairman, Al Fara'a Construction Group.

'After the successful launch of our previous projects, 'Le Grand Chateau' and 'Manhattan Luxury Apartments', which has been well-appreciated by our customers as proven by the outstanding sales performance both has achieved, we are confident that our latest project will set new industry standards in terms of creativity and style, thereby reinforcing our leading position in the UAE market. The Mulberry Mansions project marks a successful start of the year for the Group, as we look forward to the launch of more projects within the first quarter of 2008,' added J.R. Gangaramani.

Ensuring the utmost satisfaction of customers, the 'Mulberry Mansions' project is set to be built using first grade construction materials, including terracotta roof tiles, limestone walls and piers, wrought iron balcony grillwork, wooden trellises, vinyl-clad French doors and dormer window units with decorative accent elements. To further accentuate the sophisticated yet relaxing style of the project, the doors, window mullions and light fixtures of the townhouses will feature an antique bronze finish. Al Fara'a Properties' commitment to delivering the highest quality developments will be incorporated in its planned projects for 2008, which include luxurious residential, commercial and mixed-use developments.

'Incorporating an aura of sophistication within our residential developments has been the trademark of all our projects. Further emphasizing our dedication towards providing our customers with luxurious residences close to the city's most important business and leisure hubs, we have identified Jumeirah Village as the perfect location for our unique offerings. With the launch of our third project in this high profile location well under way, we are on track to exceed the Dhs2.5bn investment plans we had initially outlined for 2008. We now intend to invest Dhs6.5bn this year, and we fully expect to equal if not surpass the records set by our previous projects in terms of customer appreciation and sales,' said Natasha Gangaramani, Director, Al Fara'a Properties.

Al Fara'a Properties' initial ventures have witnessed tremendous success, with its signature project, the Dhs225m 'Le Grand Château' having been fully sold out. The developer recently held a ground breaking ceremony to commemorate the start of construction work on its second project, the Dhs353m 'The Manhattan', which was launched last year at Cityscape. With work progressing rapidly on the two projects, Al Fara'a Properties is on track towards timely delivery of its projects in line with its planned expansion across the region.

'Al Fara'a Properties has witnessed a tremendous growth in 2007, having launched a number of successful projects, which has redefined the benchmark of excellence amidst the ever-growing real estate sector in the UAE. Our previous successes now serve as a strong motivation for us to continuously strive for distinction, as the fast-evolving landscape of property development ensures more growth opportunities, which we intend to leverage through the projects and investments we have in the pipeline for 2008,' concluded Natasha Gangaramani.




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Notes and media contacts

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 Al Fara'a General Contracting, 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 deal 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
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Sunday, February 03 - 2008 at 14:51 UAE local time (GMT+4)

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