Fakhruddin sees 60% of its Maimoon Towers instantly snapped up at this year's IPS

The residential project based in the prestigious surroundings of Jumeirah Village South boasts its own restaurants, cafes, a boutique arcade, shopping malls and an open-air podium swimming pool area.

'For investors as well as home-makers, the housing on offer at the towers represents a solid bet for amazing returns on investment as demand for quality, well-planned and spacious apartments continues unabated in Dubai - particularly in the ever-popular Jumeirah district.' said the Mr. Yousuf Fakhruddin, the CEO of Fakhruddin Properties speaking at the IPS event.

Mr. Ali Asgar Fakhruddin Director of Fakhruddin Group said 'We have already sold over 60% of the project, with one of the towers entirely sold out.' He added. 'From the moment this project was launched we had already expected interested in this development to be very high and have been proved right.'

Expected to be completed by 2010, the Maimoon Twin Towers boasts the Middle East's first ever Aqua Park, with penthouse suits benefiting from gardens, a lagoon style swimming pool an artificial beach and even an open air cinema.

With 'Tower One' featuring 45 floors and 'Tower Two' featuring 30 floors, the development also features luxurious and state of the art studio, one, two, three and four bedroom apartments as well as five bedroom deluxe penthouses that boast private swimming pools and smart home technology.