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Mr. Amir Giga, Managing Director of Goldcrest Properties, explained:
"Goldcrest Smart Towers, our Dhs2bn flagship project has evolved to become Ajman' most compelling new lifestyle destination for middle income home owners. We are confident that Smart Towers will live up to their reputation of being a state-of-the-art, luxury residential address in Ajman, while at the same time contributing to making Ajman one of UAE' desirable hotspot. The fact that we have customers from around 50 varied nationalities at Smart Towers adds emphasis to the opportunity here, which is attracting global interest."
When completed, Goldcrest Smart Towers will boast more than 3,600 luxury apartments comprising of studios, single-bedroom and double-bedroom units. Construction is set to commence mid 2009 and the project is scheduled for completion in 2012.
The Smart Towers development was launched in two phases. The first phase of the development was launched in June and was sold out in just 15 days, with a flexible four year payment plan for its customers. The second phase was launched end of June and was sold out in just 10 days.
To date, the Giga Group' portfolio consists of Dhs8bn worth of residential developments in UAE, with around 10,000 residential units sold in Dubai.
With further developments in the pipeline, Giga Group aims at securing a considerable market share in Dubai's booming property sector with aims of expanding its project portfolio to reach $11bn in 4 years.
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Posted by Siba Sami Ammari
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