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Emaar underscores homeownership values
- United Arab Emirates: Tuesday, June 01 - 2004 at 15:07
- PRESS RELEASE
The strong Emaar belief that home ownership is a commitment which involves more than just the purchase of a home has provided the property developing giant enduring relationships with thousands of homeowners who have invested into Emaar's innovative properties.
"Home ownership involves more than just the purchase of a home; it is a commitment that involves finances, family, community, and economic growth, which Emaar truly values," said Robert Booth, Executive Director, Emaar Properties.
"Our participation in the Home Owner Dubai exhibition is to extend this same belief and commitment, while providing prospective homeowners a peek into our diverse lifestyle portfolio." Emaar is a platinum sponsor of the event, which will be held at the Jumeirah Beach Hotel from June 3-5, 2004.
Booth elaborated on homeownership as a commitment and how Emaar embellishes that belief. "The purchase of a home is a commitment to personal financial security. Not only is it a commitment of your money now and for as long as you own your home, but it is also an investment, an asset that can grow in value. Home ownership allows people greater control and responsibility over their living environment.
"Home ownership allows you to express your values and tastes. It helps to stabilise neighbourhoods and strengthen communities. When you own a home, you have an incentive for maintaining and improving your property as well as the surrounding areas such as your neighbourhood. The purchase of homes help to create jobs and encourage economic growth as it requires the use of products and services in the community. All these values are underscored by Emaar's commitment to promises and a lifetime partnership between us and the Emaar homeowner," Booth said.
The Emaar pavilion will feature the Burj Dubai Development featuring the Burj Dubai, the world's tallest tower, and The Dubai Mall, the world's largest shopping and entertainment mall.
The scale of the Burj Dubai Development has already caught the world's fancy. The Development - construction for which has already begun—sits on 500 acres of lush, landscaped area and comprises the 3km long Boulevard which will equal, if not rival, some of the famous boulevards in New York, Paris and London. The Burj Dubai Development, which will create Dubai's elegant downtown area, also
Visitors to the Emaar stand will be equally treated to a diversity of lifestyles ranging from waterfront living offered at the company's master-planned Dubai Marina waterfront development to golfing at its flagship Emirates Hills community, and equestrian featured in Emaar's unique desert themed residential development, Arabian Ranches.
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Notes and media contacts
About Emaar Properties PJSCEmaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market. With an asset base of US$7.7 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 several major real estate projects under various stages of development. These developments include Dubai Marina, Arabian Ranches, Gazelle, Emirates Hills, The Views, The Meadows, The Springs, The Lakes, Hattan Homes, The Greens, EMAAR Towers and Residences at Burj Dubai. The company also owns and manages the Gold and Diamond Park, and has started construction on 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, UAE's first mortgage finance company, EMRILL, a joint venture with the UK-based Carillion which provides innovative property and facilities management services, and its technology and communications company, Sahm Technologies.
For further information, please contact:
David D'Souza/Lina Anani
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in
Middle East and North Africa
Dubai, UAE
Tel: +971-4-3355969, Fax: +971-4-3356080
Emaar Properties
Tel: +971-4-367-4566
Fax: +971-4-367-3705
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