EMAAR introduces Al Majara waterfront towers at leading Iran trade fair
- United Arab Emirates: Monday, June 09 - 2003 at 09:03
- PRESS RELEASE
EMAAR Properties, the region's largest property development company, announced that it would be offering luxurious apartments within its Al Majara Towers, Dubai Marina, at the Third UAE Trade Exhibition in Iran.
Commenting on the company's participation, Mr. Mansour Al Othaimin, Director, Sales and Marketing, EMAAR Properties, said: "As the UAE's premier property development company, we are delighted to be part of the exhibition, which is aimed at boosting business relations between the two countries. This year marks our third year of participation in this dynamic regional trade and business forum."
Part of EMAAR's innovative Dubai Marina waterfront development, Al Majara comprises five high-rise and mid-rise apartment buildings, three of which have already been sold out. The remaining towers, Al Majara 4 & 5, overlook the marina and offer unparalleled views of the Gulf and the largest bay within the marina, and easy access to the 11 km marina promenade."
Amenities at Al Majara towers include a 15,000 sq ft super resort spa and fitness club, outdoor terraces with swimming pool, a gymnasium, a Hollywood style movie theatre, games rooms, a business centre, guest suites, elegantly landscaped courtyards, private gardens and 24-hour concierge and security.
Throughout the trade fair, EMAAR will also be showcasing its recently launched 'Gazelle at Arabian Ranches', a new themed villa community development. Inspired by the beauty of the desert and the grace of the Arabian Gazelle, this exceptional desert resort is a 208-acre development with three themed, gated communities which front an expansive lake built in two levels.
"Both Dubai Marina, which is reputed as the world's largest waterfront resort master planned community, and Arabian Ranches, Dubai's unique residential 'desert paradise' with golfing and equestrian themes, are among EMAAR's landmark developments. This exhibition provides us with an ideal platform to showcase these world-class projects and the distinctive lifestyles that are on offer to our regional customers, " continued Mr. Al Othaimin.
Commenting upon the importance of the Iran market for the UAE, Mr. Al Othaimin added that Iran's achievements over the last few years have effectively seen the country's re-emergence as a major regional player. The two-way trade between the two nations has steadily increased and today Iran ranks as one of the UAE's key trading partners and a prime source of inward investment.
Organised by the Dubai Chamber of Commerce & Industry, Dubai Ports, Customs & Free Zone Corporation in association with the Department of Tourism and Commerce Marketing and INDEX Conferences & Exhibitions, the annual showcase attracts exhibitors from a wide range of industries. These include petrochemicals, mechanical equipment, spare parts, electronics, computers, house appliances, furniture, travel and tourism, banks, cosmetics, fashion, textiles and food.
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Notes and Media Contacts »
EMAAR Properties is a Public Joint Stock Company listed on the Dubai Financial Market. With an asset base of $6 billion, the Company's vision is to 'Shape the Future of Dubai' by focusing on innovation, meticulous planning and the continuous pursuit of excellence. The Company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base.
Currently, it has eight major real estate projects under various stages of development. These developments include Dubai Marina, Arabian Ranches, Emirates Hills, The Meadows, The Springs, The Lakes, The Greens and EMAAR Towers in downtown Dubai. The company also owns and manages the Gold and Diamond Park and will soon launch on its ambitious plans to build Burj Dubai - the tallest skyscraper in the world.
While EMAAR continues to actively pursue expansion in its core business of innovative, high quality real estate development it has diversified into related business lines to further build value for its 41,000 shareholders. In line with this corporate belief, EMAAR also owns and manages four subsidiaries - Dubai Bank, focused on retail and commercial banking, Amlak Finance, the UAE's first and only mortgage finance company, EMRILL, a joint venture with the UK-based Carillion plc which provides innovative property and facilities management services, and it technology and communications company, Sahm Technologies.
For further information, please contact:
Christa Vander/Sameh Hamtini
ASDA'A Public Relations
Burson-Marsteller exclusive Middle East affiliate
Dubai, UAE
Tel: +971-4-3344550, Fax: +971-4-3344556
Shatha Al Rumaithy
EMAAR Properties
Tel: +971-4-399 3366
Fax: +971-4-399 2292
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