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Hydra Properties completes 60% of excavation work for Executive Towers at Al Reem Island

Hydra Properties, the leading UAE-based international property developer, today announced the completion of 60% of excavation work for the magnificent Hydra Executive Towers located at Al Reem Island in Abu Dhabi.

  • United Arab Emirates: Saturday, August 23 - 2008 at 17:00
  • PRESS RELEASE


Hydra Executive Towers at Al Reem Island.
Hydra Executive Towers at Al Reem Island.


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Hydra Executive Towers consists of three towers and two of them will rise up to 30 stories each and function as offices. The third tower is planned with 24-stories and will offer serviced apartments.

The towers are coming up along a waterfront promenade and will be interlinked by lush landscaped plazas with signature clusters of date palms. World class shopping and dining establishments will line the waterfront which will offer an array of water based activities and sports.

Commenting on the swift progress of the much sought after project, Dr. Sulaiman Al Fahim, Chief Executive Officer, Hydra Properties, said:

'Hydra Executive Towers will go a long way to fulfill the long felt need for sleek business towers in Abu Dhabi. Executive Towers will empower decision makers by offering them unique business spaces and facilities that will play an intrinsic role in their growth and in formulating a vision for the future. I have no doubt that Hydra Executive Towers will act as an excellent launching pad for many a successful business venture in Abu Dhabi.'



Giving an update on the project, Eng. Jonathan Ing, Project Manager, Hydra Properties, said:

'Hydra Properties has employed its logistics muscle in a fruitful manner to speed up the enabling work. The initial phase of the project is going ahead of schedule and 60% of excavation work has been completed.'



The project is expected to be finished by September 2011, and is executed by Tafseer Contracting Company while National Engineering Bureau acts as the engineering consultancy.

Hydra Executive Towers will also have business lounges, high-speed internet services, tranquil landscaped areas, refreshing greenery, pedestrian walkways, ample basement car parking and a drop off area for important employees and clients.

The interior of the Towers is designed to offer new levels of civilized refinement not previously found in the region. The serviced apartments in the towers will employ state-of-the-art smart home technology to provide residents an unmatched living experience. The apartments, to be managed by a leading luxury hotel group, are available for outright sale.




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Notes and media contacts

About Hydra Properties:

Hydra Properties is a privately owned company, established in 2006 in Abu Dhabi, the capital of UAE. The company was established with a vision to provide the UAE, Middle East and the world with unprecedented development concepts which are reflected in the company's various landmark projects. Since inception, the company has embraced the best international building criteria and has introduced fresh concepts in design and materials.

At Hydra Properties there is a firm belief in the humanizing factor. Real estate is not only about space, steel and concrete but is actually a living organism. That is why we always aspire to create spaces that nurture and accommodate the human side of real estate.

Hydra Properties does not only see itself as only a real estate development company. Hydra Properties has clear social commitments and responsibilities. Hydra never misses an opportunity to give back to society through its endless community activities in the areas of cultural awareness, support to sport activities and providing major community service through its active and ongoing role in supporting health, education and social institutions.

Hydra Properties has rapidly expanded in the UAE with several mega projects in Abu Dhabi and Dubai. Relentless efforts have allowed it to expand globally into Mexico, where it has developed 'Hydra Waves', one of the finest luxury projects in North America.

The company nurses more global ambitions and will soon launch projects across the continents.

For further media enquiries contact:

John Cheeran / Walid El-Tigi
Arabia PR FZ LLC
Tel: +9714 3911201
Fax: +9714 3904511
P.O. Box 500491, Dubai, UAE
Office 235, Building 10 (BBC World Building), Dubai Media City
Siba Sami Ammari Posted by Siba Sami Ammari
Saturday, August 23 - 2008 at 17:00 UAE local time (GMT+4)

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