Tuesday, October 07 - 2008

EMAAR launches The Springs' concluding phase

EMAAR Properties today announced the launch of the concluding phase of The Springs, the company's master-planned waterfront property.

  • United Arab Emirates: Thursday, February 26 - 2004 at 08:33
  • PRESS RELEASE


EMAAR has launched the latest phase of 'The Springs', a master-planned waterfront community which forms part of its Emirates Living portfolio. The new phase will feature a selection of attached villas incorporating the finest architectural styles and picturesque landscaping.
EMAAR has launched the latest phase of 'The Springs', a master-planned waterfront community which forms part of its Emirates Living portfolio. The new phase will feature a selection of attached villas incorporating the finest architectural styles and picturesque landscaping.

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This phase will feature villas in varying sizes and floor plans that incorporate the finest architectural styles and picturesque landscaping.

With this launch-the seventh - the company extends the EMAAR offer of premium quality real estate into an integrated community that is built around a central aquatic theme. Bookings commence at Emaar's Street of Dreams from Thursday, February 26, 2004.

Mr. Mansour Al Othaimin, Corporate Director, Sales & Marketing, EMAAR Properties, said The Springs is seen by investors as a viable alternative to renting their dream homes.

'We have been overwhelmed by the response to The Springs project and several subsequent releases during the past two years. These phases were sold out as soon as they were announced. This release of The Springs not only fulfils the growing need of a huge market segment but also allows more investors to join a lifestyle community,' Al Othaimin said.

'EMAAR recognises that buying a home is a huge responsibility and investors typically put their life-time savings into such an investment. Investors have been very impressed by our master-plan for The Springs and the attention to detail that has been paid to every minute aspect of the project including the landscaping and design elements.

'I am sure the response to this phase will be as good as the previous launches because we may not schedule any more releases of The Springs for our investors in the very near future,' he concluded.

The Springs is a masterplanned lifestyle project by the region's largest developer of real estate. From swimming pools, parks, nurseries, spas, gymnasiums and mosques, to schools, shopping arcades and community centres, The Springs offers residents with a distinctive and unique living environment that caters to virtually all their needs. The community also features 24 hours security, year-round maintenance and wide expanses of play areas.




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About EMAAR Properties PJSC
EMAAR Properties is a Public Joint Stock Company listed on the Dubai Financial Market. With an asset base of US$6 billion including the land bank, the Company's vision is 'Shaping the Future. Today' 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 thirteen major real estate projects under various stages of development. These developments include Dubai Marina, Dubai Marina Villas, Arabian Ranch Gazelle, Emirates Hills, The Views, The Meadows, The Springs, The Lakes, Hattan Homes, The Greens, EMAAR Towers and Burj Dubai Residences. The company also owns and manages the Gold and Diamond Park and will be launching plans for its most ambitious project to date, the 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:

David D'Souza/ Sameh Hamtini
ASDA'A Public Relations
Burson-Marsteller exclusive Middle East affiliate
Dubai, UAE
Tel: +971-4-3355969,
Fax: +971-4-3356080

Malika Bseiso
EMAAR Properties
Tel: +971-4-367-3566
Fax: +971-4-367-3705
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Thursday, February 26 - 2004 at 08:33 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This Article was updated on Tuesday, March 20 - 2007


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