EMAAR to showcase lifestyle offerings in Moscow

In doing so, the region's premier property development company will endeavour to tap into the growing market of affluent Russians who are looking at Dubai as a safe, real-estate investment opportunity.

Organised by Expodesign, the prestigious DOMEXPO will take place from February 26-29, 2004 at the Atrium of Gostiny Dvor - one of the finest exhibition venues in Russia.

EMAAR will present various lifestyle options to the Russian market during the exhibition, including Dubai Marina, Dubai Marina Villas, Arabian Ranches, Gazelle, Emirates Hills, The Views, The Meadows, The Springs, The Lakes, Hattan Homes, The Greens, EMAAR Towers and The Residences at Burj Dubai.

These communities include golf estate living, equestrian living, city living and waterfront living. Each community is master-planned and includes amenities needed to sustain each lifestyle - retail and entertainment facilities feature in all communities, while some developments include schools, spas, boating, stabling and polo facilities.

Mansour Al Othaimin, Corporate Director, Sales and Marketing, EMAAR Properties, said EMAAR's participation in the Moscow exhibition is a logical extension of the company's vision of creating international lifestyle communities for peoples and nationalities to co-exist happily and safely.

"There is a growing segment of affluent Russians who are keen to live in all-year sunshine communities such as the ones EMAAR offers in Dubai. This segment sees buying a home in Dubai as not just a viable investment opportunity but also as a good place to raise a family in a high quality lifestyle development. Also, a second home in a pleasant climate is fast becoming a reality for many Russian businessmen and leisure seekers," Mr. Al Othaimin said.

"As the region's foremost developers of premium lifestyle properties, we are delighted to be making our debut at this high profile exhibition. Our delegation will not only showcase all EMAAR developments but also enlighten potential customers on the economic growth of Dubai, diverse business opportunities and a tourism overview."

According to the Russian State Statistics Committee, more than one million Russians live and work in the USA, Europe and the Near East. Russian citizens are presently buying real estate abroad and find it an attractive investment and alternative to uncomfortable cold seasons in their own country.