A piece of Beirut now in Dubai

Providing residents in the UAE with a taste of the beauty and ethnicity of Lebanon, Plus Properties unveiled a $125m one-of-its-kind project - Beirut Towers, a luxury residential development that will be based within TECOM in the International Media Production Zone, Dubai.

  • United Arab Emirates: Thursday, July 03 - 2008 at 13:38
  • PRESS RELEASE


Beirut Towers.
Beirut Towers.

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Tastefully designed by renowned consultancy firm Agostine & Rafael to depict the rich culture and heritage of Lebanon, Beirut Towers will consist of two towers - Ashrafieh and Verdun.

Aiming to offer customers the ultimate lifestyle and leisure experience, the Towers will consist of over 23 floors each.

Every floor will be named after a famous street in Verdun and Ashrafieh, two of Beirut's most prestigious residential neighborhoods, teeming with vibrant shopping areas and high-tech business centers.

Floor names in the Verdun Tower will include Verdun 730, Verdun 732, Bristol, Dunes, Ain Tine and Koraytem.

Floor names in the Ashrafieh Tower will include Sodeco, Sursok, Monot, Sahet Sassine and Abdl Wahab.

Influenced by a unique architectural style reminiscent of Lebanon, the Towers will feature a wide range of studio, one and two bedroom apartments on single or duplex floors.

Plus Properties will provide an array of financing options and the use of escrow accounts to potential tenants.

The Towers promise to offer its customers a plush lifestyle and a host of unparalleled services and amenities.

The Beirut Towers will be located in the International Media Production Zone (IMPZ) in the heart of downtown Dubai.

IMPZ seeks to create a unique cluster environment for media production companies from across the industry value chain, and from across the world, to interact and collaborate effectively.

IMPZ will provide an environment of growth by building key facilities, investing in infrastructure, and forming a unique free zone that incorporates industrial, commercial, residential and community service projects under its mantle.

The vast complex will be housed on a territory of over 43 million square feet of land. TECOM is the master developer of IMPZ.

IMPZ's proximity to major road networks such as Sheikh Zayed Road, Emirates Road and Al Khail Road and other landmarks such Dubai Media City, Dubai Knowledge Village, Dubai Sports City, Mall of the Emirates and the upcoming Al Maktoum International Airport will also constitute a major strategic advantage to tenants.

'We are committed to developing quality living and leisure concepts with high business potential at our carefully chosen properties across the region. The keen interest we've received for our projects epitomizes the recognition of our broader vision for a distinct lifestyle and creation of elite business and residential environments', said Georges Chehwane, CEO of Plus Properties.

We envisioned the Beirut Towers as a project evocative of Lebanon and are confident that our latest offering will succeed in providing many residents of Dubai especially Lebanese nationals, with a taste of Beirut,' Chehwane concluded.

Beirut Towers received an overwhelming response from regional and international investors at an open house sales launch event held on 1st July 2008 at the Jumeirah Beach Hotel.




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Notes and media contacts

About Plus Properties
Plus Properties has quickly established itself as one of the most innovative and ambitious real estate developers in the Middle East. Based in Dubai, it develops luxury residential and commercial projects in the UAE and throughout the region. The company was launched in July 2007 and already holds a portfolio of prestigious projects worth in excess of Dhs4.16bn ($1.134bn).

Also offering a range of realtor services focused on the UAE, KSA, Bahrain, Kuwait, Syria and Lebanon markets, Plus Properties currently has offices in Dubai, Abu Dhabi, Jeddah, Riyadh, Kuwait, Bahrain, Beirut and Moscow. Its team of experienced professionals both advise on investments and coordinate property transactions, including buying, selling, leasing, and the procurement of prime office space within the UAE and throughout the region.

Media contact:

Sue Ellen Lazrado
Headline Public Relations
Tel: +9714 - 2289655 Extension 120
Fax: +9714 - 2282125
Eman Hassan Posted by Eman Hassan
Thursday, July 03 - 2008 at 13:38 UAE local time (GMT+4)

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