Limitless seals $1.2bn syndicated Islamic facilty through Emirates Bank

Notes and media contacts

Limitless LLC, a Dubai World company, is an integrated global real estate developer across all market segments, delivering distinctive, sustainable developments. Established in July 2005 and built upon the philosophy of 'delivering distinction', Limitless has three specific areas of expertise: master planning large urban communities, waterfront development and the implementation of large scale balanced projects.



The 18 banks involved are:
UAE Emirates Bank; Emirates Islamic Bank; National Bank of Abu Dhabi; Union National Bank; Bader Al Islami; Dubai Islamic Bank; Noor Islamic Bank
GCC Arab National Bank; Saudi British Bank; The Arab Investment Company
Taiwan Mega International Commercial Bank
Malaysia Affin Islamic Bank; EON Capital Islamic Bank Berhah; RHB Islamic Bank Berhad
Europe Royal Bank of Scotland plc; Hypo Real Estate Bank International
Pakistan United Bank Limited; Habib Bank AG Zurich

Limitless projects
Malaysia International Halal Park, Selangor State, Malaysia: The world's first fully-integrated Halal centre and one of two projects for Limitless in Malaysia, this 1115 hectare complex includes homes for 200,000 people, food manufacturing plants, training and research centres, offices, entertainment and retail facilities

Limitless Towers, Amman, Jordan: $300m, 200 metre residential twin towers that will be the tallest buildings in Jordan. Towers will be connected by the world's highest suspended swimming pool, 125 metres above Amman. First 'green' building in the country, with 600 luxury apartments as well as a retail, entertainment and leisure plaza

Moscow, Russia: 113 hectare development near Moscow, with 4,500 homes as well as schools, retail and commercial elements. The project is a 50-50 joint venture with leading Russian developer RDI, and will accommodate around 12,000 people

Residential North, Puteri Harbour, Malaysia: $450m, 44 hectare development of landed waterfront homes - with individual berthing - and high-end condominiums. A 60-40 joint venture with UEM Land, this will be the country's first luxury waterfront enclave

Al Wasl, Riyadh, Saudi Arabia: $12bn, 1,400 hectare mixed-use development near Riyadh, including 60,000 homes as well as mosques, educational facilities, offices, shopping malls and hotels

Arabian Canal, Dubai, UAE: $11bn, 75 km man-made waterway - the biggest and most complex civil engineering project ever undertaken in the Middle East. Limitless is also master planning a US$50 billion, 20,000 hectare canalside 'city' as part of the project
Bidadi, Bangalore, India: $12bn, 4,000 hectare mixed-use development, including 1,000 hectares of office/commercial space, near Bangalore. The first of five new towns planned by the Government for the outskirts of the city, Bidadi will provide house up to 750,000 people

Halong Star, Halong Bay, Vietnam: $220m, 125 hectare mixed-use development with residential units, hotels, and education, cultural and recreational facilities, overlooking Halong Bay, a UNESCO-sanctioned world heritage site
Downtown Jebel Ali, Dubai, UAE: $13bn, 200 hectare sustainable, mixed-use development consisting of four quarters, each with its own iconic, individually-themed plaza. Downtown Jebel Ali will have nearly 330 buildings, including 237 residential towers.