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Tuesday, December 1 - 2009

Latest beachfront projects from Plus Properties register impressive sales at Cityscape Dubai

  • United Arab Emirates: Wednesday, October 08 - 2008 at 14:13
  • PRESS RELEASE

Plus Properties, a leading real estate developer in the Middle East, has announced that its latest beachfront projects in the UAE - a residential property in Dubai and residential and commercial towers in Ajman - have received a tremendous response at Cityscape Dubai 2008.

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  • Al Zorah Ad.
    Al Zorah Ad.
'Wave Residence 2' registered 50% sales worth Dhs250m, while the 'Tamara C' and 'Starco' towers registered 25% sales.

"We are delighted with the superb response our latest beachfront projects have received at Cityscape Dubai," said Georges Chehwane, CEO of Plus Properties. "Cityscape Dubai has proven to be a huge success this year. It is our observation that visitors to the exhibition this year are very discerning in their choice of properties, opting for projects that offer prime location and excellent investment opportunities."

Plus Properties unveiled projects worth a combined Dhs1.15bn, include 'Wave Residence-2' located at the Madinat Al Arab-Waterfront, a freehold residential tower 'Tamara C' and a free zone commercial tower 'Starco' located within Solidere's upcoming Al Zorah water front development in Ajman at Cityscape Dubai 2008.

Situated on the first row of developments directly on the beach, with a spectacular view of Palm Jebel Ali, Wave Residence-2 will be an exclusive residential concept built on the lines of the immensely successful Wave Residence-1. The freehold residential tower - 'Tamara C' and the freezone commercial center - 'Starco' will both be located strategically within Solidere's Al Zorah development. These projects have been designed to cater to the growing demand for quality commercial and residential spaces in and around Ajman. Plus Properties will be among the first developers to start construction at the Madinat Al Arab-Waterfront and Al Zorah, Ajman.

The Plus Properties Stand (Stand RC20 at the Sheikh Rashed Hall) received a very positive response from visitors and potential investors at the exhibition. The stand showcased past and present world-class projects undertaken by the company, including - Wave Residence 1 and Pixel located in Madinat Al Arab-WATERFRONT, Beirut Towers an exclusive residential development at TECOM - Dubai, Skygardens Tower at Al Reem Island - Abu Dhabi and Plus Towers, a deluxe residential twin-tower, to be located in Solidere's Downtown Beirut - Lebanon, all of which have witnessed significant sales in record time.

Visitors to the stand were also introduced to various upcoming projects. Registration of units for Plus Properties' pre-launch projects far exceeded previous estimates made by the company.

"We are committed to developing quality living and leisure concepts with high business potential across the region. The keen interest we've received for our projects serves to strengthen our belief that we are on the right track. We would like to thank the organizers of this premier event for putting forward such an excellent platform,"


concluded Chehwane.

Cityscape Dubai takes place between 6th and 9th October at the Dubai International Exhibition Centre.
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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. Plus Properties currently has offices in Dubai, Abu Dhabi, Jeddah, Riyadh, Bahrain, Beirut and Moscow.

In its constant endeavour to provide a comprehensive package of value-added benefits to its clients, Plus Properties offers a range of realtor services focused on the UAE, KSA, Bahrain, Kuwait, Syria and Lebanon markets through its sister agency Plus Real Estate Brokers. Experienced professionals at Plus Real Estate Brokers also offer clients advice on investments and coordinate property transactions, including buying, selling, leasing, and the procurement of prime office space within the UAE and throughout the Middle East region.

for more details please contact:
Sue Ellen Lazrado
Headline Public Relations
Tel: +9714 - 2289655 Extension 120
Fax: +9714 - 2282125

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