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Thursday, November 12 - 2009

Demand surges for Emaar's waterfront homes at Downtown Burj Dubai

  • United Arab Emirates: Sunday, April 13 - 2008 at 08:22
  • PRESS RELEASE

Waterfront homes located in the heart of the city are the new trend in the residential property sector of Dubai, as customers turned out in record numbers for the launch of Burj Park V in Downtown Burj Dubai, the flagship project of Emaar Properties PJSC.

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  • Burj Park V in Downtown Burj Dubai.
    Burj Park V in Downtown Burj Dubai.
Burj Park V is the first in a series of residences that are specifically designed by Emaar to maximize waterfront views for customers. Within walking distance of Burj Dubai - the world's tallest building - and The Dubai Mall - one of the world's largest shopping and entertainment destinations, Burj Park also offers direct access to Burj Lake Promenade and to Burj Park Island, a 25-hectare park located on an island accessible via a bridge walkway.

Mr Saif Al Mansoori, Sales Director, Emaar Properties, said: "A central location and picturesque views are a rare combination in residential property development, especially in fast-growing cities. Burj Park at Downtown Burj Dubai has appealed to customers precisely for the same reasons. The strong demand for these waterfront homes has indeed set a new trend in the residential property sector in Dubai."

He added:

"Burj Park is the first of its kind waterfront project within Downtown Burj Dubai. We will build further on the customer appeal and unveil more Burj Park towers shortly. As the new 'soul of Dubai', Downtown Burj Dubai is redefining lifestyles - Burj Park is another stellar addition to the 500 acre neighbourhood."


Many Burj Park residences open to Burj Dubai and offer a vast panorama of greenery and water, including The Fountain, the centrepiece of Burj Dubai Lake and a landmark within Downtown Burj Dubai. The colourful and spectacular Fountain is a musical water feature incorporating choreographed music, light and projection - Burj Park will enjoy some of the best possible views of The Fountain. An exclusive retail offering will augment the amenities within the Burj Park district, offering high-end stores in air-conditioned walkways, along with international cuisine outlets, enhancing the lifestyle experience for residents.

Burj Park V is an elegantly designed tower featuring neo-classical architectural elements. All homes have modern décor, and luxury finishes & fittings. Podium level amenities include a swimming pool, children's pool, Jacuzzi, outdoor dining area, children's play area, fully-equipped gymnasium and club house with secure parking.

Three hotels - Al Manzil, Qamardeen and The Palace, The Old Town - are already open within Downtown Burj Dubai, and are now a preferred destination for tourists. Several offices are functioning within Downtown Burj Dubai and Souk Al Bahar, a mall with Arab architectural elements, is a charismatic meeting point for friends and families offering an array of retail and F&B options.
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Notes and media contacts

Potential customers can call toll-free on 800-EMAAR (800-36227) or log in to www.emaar.com for more details on Burj Park V. Several financial institutions are offering easy home finance options.

About Emaar Properties PJSC:
Emaar Properties PJSC is one of the world's largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. Powered by its Vision 2010 to become one of the most valuable companies in the world, Emaar is charting a new course of growth with a two-pronged strategy of geographical expansion and business segmentation.

Emaar has highlighted its remarkable global growth by debuting on the Financial Times Global 500 ranking, which provides an annual snapshot of the world's largest companies. Emaar has been assigned A- and A3 ratings with stable outlook by Standard & Poor's and Moody's Investor Services, respectively.

Replicating its successful business model in Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Emaar is also developing new competencies in malls, hospitality & leisure, education, healthcare and finance, which have evolved from its integrated approach to customer service and property development.

Listed on the Dubai Financial Market, part of the Dow Jones Arabia Titans Index and certified to ISO9001:2000 for quality standards, Emaar is developing Burj Dubai, the world's tallest building and free-standing structure, and The Dubai Mall, one of the world's largest shopping and entertainment destinations. In Saudi Arabia, Emaar is developing the $26.6bn King Abdullah Economic City, the region's largest private sector-led project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Egypt, Turkey, Libya, Algeria, India, Pakistan, Indonesia, the US, the UK, France and Canada.

An award-winning developer, Emaar has strengthened its product sale competencies, market reach and best practices through strategic acquisitions and joint ventures. Emaar acquired John Laing Homes, America's second largest privately held home builder; Hamptons International, UK's premier realtor; and formed a joint venture with US-based Turner International to strengthen execution capabilities.

Emaar has joined hands with Giorgio Armani and Accor Hotels to strengthen its presence in hospitality, and will launch ten luxury Armani Hotels & Resorts world-wide and 100 Formule 1 budget hotels in India.

The company is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent. Emaar acquired Singapore-based leading education provider, Raffles Campus, to extend expertise to its educational institutions.

Emaar holds 30 per cent equity in Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in Amlak Finance, UAE's leading Islamic home financing company.

For further information, please contact:
Kelly Home / Nivine William
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 334 4550; Fax: (+971 4) 3344 556

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