Fakhruddin finalize the piling at Dhs800m Lake Central

"Lake Centre is a unique commercial tower adding to our signature projects, which have garnered much attention thanks to their unique architectural features, strategic locations, premium facilities and high investment returns," said Mr. Ali Asgar Fakhruddin, Director of Fakhruddin Properties.

"Central to our organization's belief is that each project should reflect the company as a whole and it is with this mission statement that we endeavour to consistently deliver our best. With this work ethic as our primary mode of operation, we continue to strive and to move forward," he added.

The structure's T-shaped design not only capitalises on its location by giving more Creek views, but also enhances its functionality. Amenities include an exclusive Creek-facing swimming pool and hi-tech gym, Creek-facing cafes and restaurants, a business centre and a conference room".

Explaining the rationale behind Lake Central being an exclusively commercial tower, Mr. Ali Fakhruddin said, "there is a markedly growing need for office space in Dubai, and already demand far outstrips supply. Lake Central is being constructed to contribute to bridging this gap".

Realty giant Fakhruddin Properties' assault on the UAE's real estate market continues unabated with its signature developments located in International City and Business Bay still garnering much investor interest, as was clear with its trilogy of towers named 'Trafalgar'.

Several market studies drive home the fact that Dubai is in need of 30-40 million square feet of commercial spaces annually; and though up to 6-7 million square feet of commercial spaces have been created within the last year, demand is still forecast to outstrip supply.