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Tuesday, November 24 - 2009

Sama Dubai spotlights Dhs3.7bn Salam Resort Bahrain Phase-1 components at Cityscape Abu Dhabi 2008

  • United Arab Emirates: Tuesday, May 13 - 2008 at 16:01
  • PRESS RELEASE

Sama Dubai, the international real estate investment and development arm of Dubai Holding, is showcasing the Phase-1 components of the Dhs3.67bn ($1bn) Salam Resort Bahrain at Cityscape Abu Dhabi 2008, which is set to raise its curtains for the second edition today.

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  • Farhan Faraidooni, Executive Chairman of Sama Dubai.
    Farhan Faraidooni, Executive Chairman of Sama Dubai.
Since its announcement, it is the first time that a scale model of the island resort's unique features will be up for public viewing.

Located just 45 km from Bahrain World Trade Center and close to Bahrain Formula 1 Track, Salam Resort Bahrain will offer premium five-star service throughout its comprehensive range of facilities.

Phase-1 of the project will include a 288-room luxury beach hotel, seven waterfront hotel villas, a 20,000 sq metre state-of-the-art conference centre and six royal villas on a private island. The second phase will encompass a residential community and retail outlets set in traditional souk style.

Farhan Faraidooni, Executive Chairman of Sama Dubai, said: "Cityscape Abu Dhabi is an excellent opportunity to showcase Salam Resort Bahrain. As one of the largest of its kind in Bahrain, as well as the first luxury beach community on the untouched south western coast of the island, we are confident Salam Resort Bahrain will attract discerning investors seeking niche developments."

Faraidooni recently presented a scale model of the Salam Resort Bahrain project to Bahrain King His Majesty Hamad Bin Isa Al Khalifa during a private meeting in Manama. Construction works on the project commenced in September 2007, with Phase-1 expected to be completed in 2009.

Covering an area of 500,000 square meters, the Salam Resort Bahrain will boast hotels, villas, souks, health spas, shops and restaurants.

Comprising unique features and holistic offerings, Salam Resort Bahrain will significantly contribute to the tourism industry in Bahrain, while opening up several employment opportunities.

The project is a rich tribute to the traditions and colourful culture of Bahrain, reflected through its highly detailed architectural design. The resort will resemble a traditional Bahraini town in its aesthetic elements, luxurious facilities and overall ambience.

Committed to sharing Dubai's evolutionary real estate achievements, Sama Dubai develops and invests in real estate around the globe.

The high end Salam Resort and Spas brand aims to be one of the finest integrated, luxury resort developments in the world. Although different in their offerings, each Salam property, located at a prime location, will reflect the culture and heritage of its host country.

The Sama Dubai stand 4B20 between hall 3 and 4 at Cityscape Abu Dhabi 2008 will also feature the company's other projects such as the $3bn "Amwaj", the $1.1bn "Salam Resort and Spa- Yiti", the $550m "Dubai Towers - Doha", and the $17.7bn "The Lagoons".

Cityscape Abu Dhabi, the UAE capital's premier real estate development and investment exhibition, will run until 15 May at the Abu Dhabi Exhibition Centre.

The event, spanning more than 30,000 square metres with over 300 exhibitors is expected to draw over 25,000 visitors from nearly 100 countries.
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Notes and media contacts

About Sama Dubai

Sama Dubai is a private company wholly owned by Dubai Holding. The international real estate investment and development company focuses on leveraging synergies across international, regional and local real estate sectors. Its aim is the creation of a world class portfolio of partners, properties and investments which distinguish it as a market leader.

Sama Dubai is active across several segments of the real estate development sector including tower buildings (under the 'Dubai Towers' brand), large scale resorts (under the 'Salam' brand), business developments, mega malls and more.

Sama Dubai's existing projects are:
• Dubai Towers - Doha, Qatar
• Dubai Towers - Dubai, United Arab Emirates
• Amwaj - Rabat, Morocco
• Salam Resort- Bahrain
• Salam Yiti - Oman
• The Lagoons - Dubai, UAE
• Mediterranean Gate, Tunisia

For further information please visit: www.sama-dubai.com, or contact:

Feda Kassem
Sama Dubai
+971 4 427 9315

Or
Sally Hamandi
JiWin
The Public Relations arm of Dubai Press Club

Or
Mathilda Saad
JiWin
The Public Relations arm of Dubai Press Club

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