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Saturday, November 14 - 2009

Al Qudra Real Estate experiences unprecedented success after sales launch of Ain Al Fayda

  • United Arab Emirates: Tuesday, October 07 - 2008 at 13:17
  • PRESS RELEASE

Al Qudra Real Estate (AQRE), a leading Abu Dhabi-based real estate company in the UAE, experienced unprecedented success after the sales launch of the Ain Al Fayda project during the first day at Cityscape Dubai 2008.

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  • Al Qudra Real Estate experiences unprecedented success after sales launch of Ain Al Fayda.
    Al Qudra Real Estate experiences unprecedented success after sales launch of Ain Al Fayda.
The silver sponsor of Cityscape Dubai conducted an exclusive preview of prime projects strategically located in Abu Dhabi, Al Ain and other international cities. The unique array of projects showcased include the Desert Star, Manarah Bay, Ain Al Fayda, Al Nasseem, as well as international projects in Algeria, Morocco, Belarus, and Syria.

Claus Peter Rees, Acting CEO, Al Qudra Real Estate, said:
"The projects we are displaying at Cityscape Dubai 2008 reflect our commitment in fostering the property boom in the UAE and developing regions. We are looking forward to establishing a solid connection with industry prime movers and prominent investors regionally and internationally."


Pierre Moerland, Vice President of Sales and Marketing, Al Qudra Real Estate, said:
"We are thrilled at the interest that Ain Al Fayda experienced during the first day of the event, and would like to invite all UAE nationals interested in investing in this unique development to quickly reserve their share in the development."


"The first three sectors of Stage 1 were sold out only hours after the event commenced. Properties available for investment are open to UAE nationals and vary between detached and semi-detached villas as well as townhouses," he added.

"Ain Al Fayda is a mixed-use community and modern-day oasis which will feature healthcare, tourism, residential and retail components. The development is poised to become a well-being destination, the first of its kind in the region. Lodged at the base of Jebel Hafeet in Al Ain amidst abundant foliage and healing hot springs, Ain Al Fayda will comprise two, three, and four-bedroom houses designed for both nature-lovers and modern city dwellers," continued Moerland.

Manarah Bay, situated in a prime location on the Creek in Abu Dhabi and between Maqta Bridge and Zayed Bridge, features two residential buildings, the Square and the Quarter, as well as one office building dubbed 'the District'. The development will provide a sophisticated urban setting with loft-style apartments and offer commercial spaces, retail areas, parking facilities and an iconic hotel.

"Amid the real estate boom that is transforming the skylines of the region, Al Qudra Real Estate has remained committed to its strategy of developing and delivering distinctive projects that enrich people's lives. Al Qudra Real Estate only work with the best in the world - leading consultants and architects who assist us in achieving our objectives," added Rees.

Desert Star, a residential tower that is part of the Desert Towers project, is located in the Mohammed Bin Zayed City at the Mussafah area in Abu Dhabi. The tower will cover a total plot area of 4,631 square meters and will feature over 120 residential units consisting of studio, one-bedroom, and two-bedroom apartments. The project will also comprise a mosque, cafeteria and health club. The retail area will include a vast number of services including grocery stores, food courts, pharmacies, beauty salons, dry cleaning, as well as ATM machines among others.

Poised to become a leading leisure and recreational community, Al Nasseem project will enclose the previously launched Eve's Gate as well as sports clubs, spas, hotels, wedding and banquet facilities, shopping areas and luxurious villas. Inspired by a young Dubai-based talented team, the fort-like development and spread over 120,000 square meters, the development will provide a unique and dynamic sense of community for its inhabitants as only Al Ain can offer.

All these projects are currently showcased at AQRE's stand number ZT20. Cityscape Dubai 2008 which is taking place now from October 6th - 9th is the seventh show at the Dubai International Exhibition Center and has a proven success record attracting thousands of people from hundreds of countries.
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Notes and media contacts

About Al Qudra Real Estate:

With strong local roots, extensive regional exposure and focused international outreach, Al Qudra Real Estate (AQRE), a wholly owned subsidiary of Al Qudra Holding, is set to become one of the recognized leaders in the global real estate industry. AQRE is a specialized Master Planner and Developer with a focus on social, financial and environmentally-sustainable developments. The company's integrated products and services are tailored to meet the needs and rising aspirations of UAE residents as well as international investors, while aligning itself with Abu Dhabi's vision of developing a sustainable, open and globally competitive economy. The unique vision of AQRE is reflected in the thought leadership of the company, brought to the market through unprecedented developments such as Danet Abu Dhabi and Ain Al Fayda, with the latter blending leisure with healthcare and wellness tourism.

For further information, kindly contact:

Sama Al Aghbar
Sr. PR Account Manager
Viola Public Relations
T: +9712 6449444
F: +9712 6451199

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