Register | Forgot password?
Switch to Arabic
Monday, March 22 - 2010

Unique Alghadeer customer initiative receives excellent response from first 150 owners consulted

  • United Arab Emirates: Monday, May 18 - 2009 at 16:26
  • PRESS RELEASE

Sorouh Real Estate PJSC today announced a resoundingly positive reaction to its unique customer initiative for alghadeer.

Article continues below
 
The initiative, which aims to ensure long-term value creation and growth for alghadeer customers, includes reduced selling prices, revised built-up areas to maximize equity value and re-scheduled payment plans with financial support through Sorouh's lending partners.

Simon Cunningham, Chief Sales & Marketing Officer for Sorouh, said:

"A dedicated sales team started last week to meet each customer, face to face, to explain the details of this unique initiative, which we have been working so hard to develop over the last weeks. We have now met 150 customers and the feedback so far has been extremely positive."


"We are grateful and happy to have received the trust of those customers, for alghadeer in particular and for Sorouh in general. In today's challenging financial environment, trust is everything..

"Our customers recognise that this unique plan brings them important benefits. The combination of re-pricing, revisions to the built-up areas and re-scheduling of payments gives them greater equity in their properties, with no further payments to be made until completion. Also the revisions to the built-up areas offer attractive options both for home-owners and for investors seeking rental yields.

"No other developer is offering such an opportunity to its customers. We looked at our customers' needs, we listened to our customers' views - and now we have created an offer that gives our customers the very best option for the future."

Mr Cunningham said the sales team has also been updating customers on the progress of construction on site.

"Construction remains on track at the alghadeer site, with the earthworks and the enabling works well under way. Our site office is operational, the show villas are completed and our customers can really see the quality of living that alghadeer will provide. Our customers have in many cases been pleasantly surprised to learn just how much has been done."

Customer meetings continue over the next eight weeks. Any customers who require further information can contact the service team on 800-SOROUH.
Also consider reading:
Log in to request more information from Sorouh Real Estate

Notes and media contacts

About alghadeer

alghadeer is a 3m square metre development with Investment Zone status on the borders of Abu Dhabi and Dubai. Part of the wider Saih As Sidirah regional master planned development, alghadeer is on a path to becoming one of the most significant new commuter destinations in the Emirates from the delivery of the first homes in 2012.

alghadeer will eventually be home to 18,000 residents. Residents will enjoy access to outstanding facilities including two kindergartens, two primary schools, a private international school, two secondary schools, seven mosques, sports clubs, community centers, retail outlets, numerous restaurants, cafés and cinemas, all surrounded by safe, pedestrian friendly parks, communal areas and under-road walkways. alghadeer will also contain a hotel with facilities overlooking alghadeer lake.

Located just 40 minutes from Abu Dhabi and 30 minutes from the heart of Dubai, alghadeer is positioned close to some of the UAE's most significant new industrial zones and facilities, including the Khalifa Port and Industrial Zone, Jebel Ali Free Zone and Abu Dhabi International Airport.

About Sorouh Real Estate PJSC

Abu Dhabi-based Sorouh Real Estate PJSC is one of the UAE's leading property companies, with multibillion dirham worth of projects under development in the UAE and internationally. Established in June 2005 with a capital of AED 2.5bn, Sorouh is now one of the largest real estate developers on the Abu Dhabi Securities Exchange.

Working in master-planning, master-development and property related fields, Sorouh has some of the region's most important developments underway, including Abu Dhabi's Lulu Island, SHAMS Abu Dhabi on Reem Island including The Gate District, and alghadeer on the border of Abu Dhabi and Dubai, all developed in close cooperation with the Abu Dhabi Government and its Plan Abu Dhabi 2030.

For more information, please contact:

Olivia White
Four Communications Group Abu Dhabi
Tel: +971 55 980 1124

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions