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Tuesday, December 1 - 2009

Asteco launches Imperial Ruby Tower

Asteco, the property services leader, has been appointed sole sales agents for Imperial Ruby Tower, situated in the exclusive Viva Bahriya district of The Pearl-Qatar.

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  • Viva Bahriya.
    Viva Bahriya.

Ruby Tower



Ruby Tower forms part of real estate developer Durat Al Doha's five-tower development, Imperial Towers. Each tower takes inspiration from each of the world's continents.

Asteco General Manager David Oayda commented "Like a real gem, Ruby stands in the market. We're very pleased to be delivering a unique development to Qatar. Ruby Tower offers an instant themed living experience and an unparalleled investment opportunity due the mortgage package we're offering".

The exclusive mortgage sees buyers pay only 10% of the property value as a down-payment, a further 10% in 6 months time and 80% on completion.

A choice of one, two, three bedroom apartments and penthouses are available, with a select few apartments offering direct access to a private beach.

Ruby Tower's distinct design and financing has already attracted a large number of early sales and strong interest, with 1/3 of the 153 units available, being sold since its recent launch.

Speaking at the launch one buyer said "Ruby Tower looks modern, stylish and exclusive; therefore it has great rental potential, which is just what I'm looking for. Asteco's experience in the market assured me that this is a great investment opportunity; one that I couldn't afford to miss".

Inspired by Asia, Ruby Tower fuses together the complexities of Thai, Indian and Japanese culture. The luxurious interior has been designed to evoke the intensity and diversity of the Asian continent; exotic to the eye, yet soothing to the soul. Imperial Ruby will offer the perfect antidote to fast-paced, contemporary living, providing sanctuary to its residents; whether home-owners, holiday visitors or returning business travellers.

Imperial Ruby residents will join Qatar's 'Riviera Arabia' living; a blend of Qatar's heritage and modern expectations. This unique destination will offer a sophisticated outdoor Riviera lifestyle, invoking visions Italy and France in the heart of the Arabian Gulf.

Residents of The Pearl's exclusive, up-scale Viva Bahriya district will be treated to stunning seascapes, pristine beaches, bustling marina's and upscale retail outlets and restaurants. Amenities will also include clubhouses, gym and leisure facilities and schools.

Scheduled for completion in 2010, Imperial Ruby Towers looks set to fill the mantra 'Lead the life you love and love the life you lead' for its residents.
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Notes and media contacts

Asteco
Asteco is an international property services company based in Dubai and is the UAE's leading property services consultancy with over 5,000,000sq ft of real estate under their management, including The Palm, Jumeirah development in Dubai. Asteco offers complete property agency services including leasing and sales, development advice, property management and marketing and feasibility studies for residential, commercial and retail developments.

Imperial Towers
The Imperial Towers project on Viva Bahriya, which is the second phase of The Pearl Qatar, is a project developed by Durat Al Doha- a real estate developer. The Imperial Towers is an ensemble of five towers each inspired by the cultures of the world's five continents - Oceania, Asia, Europe, The America, and Africa.

Released on behalf of Asteco by Hill & Knowlton - for further information or to arrange an interview, please contact:

David Oayda
General Manager
Asteco
Tel: +974 449 7700

Kerry Morris
Senior Account Executive
Hill & Knowlton, Qatar
Tel: +974 413 1292

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