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Zaya debuts with private island resort development

  • United Arab Emirates: Sunday, May 11 - 2008 at 09:33
  • PRESS RELEASE

Zaya, a newly formed Abu-Dhabi-based real estate joint venture between Tasameem Real Estate and Assas, whose combined portfolio exceeds $15bn, enters the high-end property market with a slate of private exclusive development projects.

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  • Nadia Zaal, CEO and Co-founder of Zaya.
    Nadia Zaal, CEO and Co-founder of Zaya.
Its first project; Nurai, is an iconic resort development off the coast of Abu Dhabi, scheduled to be launched in May 2008.

"We have established a property development organization that will only create residential and hospitality developments at the highest end of the property market," said Nadia Zaal, CEO and Co-founder of Zaya.

Backed by senior management with over 25 years of experience, Zaal leads with fresh prospective and passionate dedication in creating sustainable communities that will raise the bar in high end property development.

Zaal explains, "Zaya has a passion for creating unique lifestyle solutions that goes beyond bricks and mortar. Using our unique understanding of the clientele and refusing to be bound by convention, our projects will be known for being the most stylish living experiences in the region and beyond".

"Our research has shown that there is a shortage of the kind of highly sophisticated projects we envision for our company. We intend to remain focused at the highest end of the market and we have plans for expansion into the Middle East, Asia and Europe".
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Notes and media contacts

About Zaya
Zaya LLC is a joint venture between Tasameem Real Estate & Assas, whose portfolio is in excess of $15bn, formed to create a distinct brand of iconic property developments. Nurai, Zaya's first entry into the Abu Dhabi market offers an exclusive community of limited edition resort beach-front estates and water villas along with all the services and comforts of a boutique resort. Zaya brings together a world-class team poised to capture the imagination of the world and is set to create similar stunning icons across the Middle East, Europe, and Asia.

For further information please contact:
Farah Ibrahim
TRACCS Public Relations
Phone: + 971 4 367 2530
Fax: + 971 4 367 2531

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