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Wednesday, November 11 - 2009

Al Madar Property Investments to showcase over Dhs600m in projects at International Property Show 2008

  • United Arab Emirates: Saturday, February 16 - 2008 at 13:21
  • PRESS RELEASE

Al Madar Property Investments, a leading property developer in the GCC and part of the Al Madar Group, has announced that it will be showcasing its portfolio of high-profile projects worth a combined value of over Dhs600m as part of its extensive display in the International Property Show (IPS) 2008, the biggest transactional property exhibition in the region that will be held in Dubai from February 17 to 19 February, 2008.

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Al Madar will also display its latest development projects at IPS 2008, which are the Coopet, a mixed-use building located at a prime location in Dubailand; Siraj Tower, a mixed-use building located at the heart of Dubailand; and Paradise, a residential development in the heart of Lusail, Qatar.

"The Gulf region's ongoing economic boom has brought exciting opportunities for growth in the property sector. Al Madar has seized the opportunity to further expand our portfolio of world-class property developments by launching projects that are optimally located in strategic areas across the Gulf," said Eng. Haider Abdulreda Mashhadi, Managing Director, Al Madar Group.

Coopet offers a combination of retail facilities and a residential complex of balconied apartments. It features an electronically controlled basement and ground-level parking, 24-hour concierge service, gym facilities, rooftop swimming pool and a wide range of other leisure amenities. The Coopet offers 61 studio, 24 one-bedroom, 16 two-bedroom and 8 three-bedroom units.

The 30-storey Siraj is a visionary development that stands out with its striking balance and symmetry and with its Spanish and Roman-inspired architecture. It features state-of-the-art, computer-controlled intelligent homes, complete frame with powder-coated aluminium windows, balconies to all units, concierge counter, 24-hour security, two basement levels of car parking and a leisure deck with a main pool, kids' pool, adult Jacuzzi, gym, changing areas with saunas, playroom and communal hall.

Paradise is comfortably located overlooking a park and has been developed as a haven for both professional and family life with its elegantly designed interiors, exterior and landscaping. Paradise is strategically surrounded by business and entertainment districts and is within a short distance from the beach and the corniche.

Al Madar will also exhibit its other offerings at IPS 2008, including a Hotel, and an office building in old Salata road; distinct Gulf developments whose excellent sales performance have greatly influenced the firm's rapid growth.

IPS 2008 will feature prime real estate projects across the globe ranging from commercial properties to high and low-density residential developments, distinctive leisure and shopping centres as well as upscale resorts and hotels. The event is also regarded as a powerful networking platform that attracts high net-worth investors, and leading players in the local, regional, and international property markets, and other related industries.

Al Madar Group was founded in 1992 in Qatar as a company specialised in the development, design and construction of civil and industrial projects as well as infrastructure and marine development works. The Group has since grown to become one of the premier business houses in the Gulf, expanding its presence in several business and industrial sectors, including real estate, contracting, engineering, manufacturing and trading.
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Notes and media contacts

The Al Madar Group has been operating and developing property in Qatar since 1992 and has earned a reputation for delivering high quality projects on time. Originally concentrating on the design and development of villa complexes, the Group now develops multi-storey complexes and currently has several residential, commercial and hotel developments in Doha and is also strengthening its presence in the UAE.

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