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Tameer's Princess Tower reaches 30th level
Tameer Holding, the region's leading developer, has announced that the Princess Tower, its 107-storey luxury residential tower in the heart of Dubai Marina, has now reached 30 floors in height.
- United Arab Emirates: Monday, September 15 - 2008 at 13:59
- PRESS RELEASE
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The Princess Tower is expected to be one of the world's tallest all-residential buildings at 414 meters and progress is exceeding swiftly on the tower's main core and its subsequent masonry works.
Managing Director of Tameer Dubai, Abdul Hamid Moukayed, confirmed that work on the tower is progressing as planned, emphasizing the developer's commitment to following strict timetables and delivering results promptly to its customers.
'Despite the recent difficulties experienced by the real estate and construction sectors, such as the rising costs of material and labour, along with the increasing competition for contractors, construction on the Princess Tower is moving ahead according to schedule, a testament to Tameer's position as the most trusted name in real estate,'
Mr. Moukayed said.
Mr. Moukayed also expressed satisfaction with the appointment of ASE as the project consultant for the Princess Tower, as well as the awarding of the main project contract to Arabian Construction Company (ACC), in contributing to the steady success of the luxury residential tower.
'The sheer height of the Princess Tower required the selection of contractors with solid experience working on such tall structures. It was also of paramount importance to appoint a consultant and contractor with the right background for the scale of Tameer's projects. ASE and ACC indisputably met all our requirements,'
said Mr. Moukayed.
The Princess Tower houses a large selection of luxury residential apartments consisting of two, three or four bedrooms, duplex villas and high-end penthouses. It also includes offices, swimming pools, a gymnasium, a children's day care nursery, a sauna club, a prayer area and a private car parking area for each resident in addition to a luxurious reception area.
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About TAMEER
Dedicated to the meticulous creation of comfortable living spaces and inspirational work environments, TAMEER Holding emerged with an ambitious vision of developing as the most trusted brand name in real estate during a time when the Middle Eastern real estate sector was defining itself. TAMEER's commitment to pursuing perfection and its relentless search for innovation, distinguished it as one of the pioneers that set the standards for the market from its inception.
TAMEER has experienced rapid exponential growth, increasing from a handful of dedicated individuals in 2005 to a diverse team of several hundred professionals today, simultaneously cultivating its project portfolio to over 30 landmark developments in the UAE, the GCC and the greater MENA region.
TAMEER has established itself as one of the dominant forces in the region's real estate scene, having entered a strategic partnership with the Al-Rajhi Investment Group, further enhancing its expertise and leadership in property development.
Selecting the most prestigious and premium locations in Abu Dhabi, Dubai and Northern Emirates, TAMEER's landmark developments include the iconic Tameer Towers, at Shams Abu Dhabi on Al Reem Island; The Gate Towers, a joint venture with Sorouh; Princess Tower in Dubai Marina, one of the world's highest residential structures; and the technologically ground-breaking Platinum Towers at Business Bay.
For more information, please contact:
Shabia Mantoo
Assistant Manager, Public Relations
Marketing Department
Tameer Holdings
+971 4 601 0600
Wajih Halawa
Account Manager
SAHARA Communications
Tel: +971 4 329 8996
Fax: +971 4 329 8995
Mobile: +971 50 240 3357
Posted by Ehab Al-AbbadiMonday, September 15 - 2008 at 13:59 UAE local time (GMT+4)
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