Al Madar to showcase over Dhs3bn worth of projects at Cityscape Dubai 2008

Al Madar will join more than 60,000 participants from over 150 countries to highlight six of its executive projects, namely, Suhail and Siraj Towers, Bellagio Tower, Coopet, Azzurra Residence and also showcasing Scala tower at Business Bay.

The 46-storey, Suhail Tower is a residential project located at The Waterfront scheduled for completion in 2011.

The 28-storey, Siraj Tower in the Dubailand entertainment complex will be completed by mid-2010.

The Bellagio is a 9-storey Italian-style office building that will also be built in Dubailand, while Azzurra is a classy 15-storey, 70-apartment residential offering in Lusail, Doha.

"This year's edition of Cityscape will allow us to capitalize on the trade show's renowned brand value to highlight our latest and best developments. Our Dubai projects leverage the Emirate's global reputation as a new travel and leisure hub to strategically position ourselves regionally and internationally. Each of our properties also reflects the high levels of quality befitting Dubai's status as a premier investment destination,"

said Eng Haider AbdulRedha Mashhadi Managing Director Al Madar Group.

In 2007, Cityscape Dubai hosted 51,855 professionals from 136 countries, with 849 exhibitors featuring their projects and services on 74,240 sqm of exhibition space.

It is considered the world's largest business-to-business real estate investment and development show.

The 2008 edition is expected to easily surpass this performance, given the steady growth of construction and property developments in the Middle East.

Current projects in the Gulf region alone exceed $1 trillion; it is also the world's fastest-growing commercial real estate market, with an increase of 565% since 2000.

Al Madar Property Investments is a division of Al Madar Group, a Qatari company founded in 1992 originally specializing in civil and industrial projects as well as infrastructure and marine development.

The Group has since expanded into various business and industrial sectors such as real estate, contracting, engineering, manufacturing and trading.