The company will not only build but also market its projects under the ETA STAR's brand name
September 27, 2004: The Palladium and Belvedere projects herald the arrival of ETA STAR as the main property development arm of The ETA-ASCON Group, which is involved in conceiving, developing and marketing free hold residential and commercial properties.
The Palladium, set in Jumeirah Lakes Towers' luxurious surroundings, is part of Dubai's newest residential development. The 33-storey tower offers waterside and marina views, along with one, two and three bedroom apartments, penthouses, retail and office space and a lobby packed with restaurants and boutiques. Construction begins by early next year and completion by mid 2007.
Located at the south-western end of Dubai Marina, The Belvedere is a seven-storey building offering fine views of the 3.5 km long marina. Ground floor apartments will enjoy landscaped exteriors, which extend into private gardens. The property is expected to be ready for occupation in 2005.
"ETA ASCON group has involved in Dubai Marina, Emirates Towers, Deira City Centre and other landmark projects in the UAE and other Gulf Countries. ETA STAR is a full fledged property development arm of ETA ASCON. The Palladium and Belvedere projects are prime examples of the dynamic contribution Dubai's property developers are making to the creation of a new lifestyle in the Emirate," said Abid A. Junaid, ETA STAR's Executive Director. The company will not only build but also market its projects under the ETA STAR's brand name.
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ETA-ASCON turns developer with luxury projects at Jumeirah Lake Towers and Dubai Marina
- United Arab Emirates: Monday, September 27 - 2004 at 15:30
- PRESS RELEASE
ETA STAR, the property development arm of The ETA-ASCON Group, has launched two major freehold residential property projects in the UAE.
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About ETA AsconEmirates Trading Agency-Associated Constructions and Investments (ETA ASCON) Co. L.L.C. Group is a multi-dimensional and diversified organisation established in 1973 as a joint venture with the UAE's Al Ghurair Group. ETA-ASCON has built an enviable reputation for quality, service and cost-effective technological capability. Headquartered in Dubai, the Group network encompasses construction, contracting and infrastructure project work in several countries, with 23 branch and associate offices worldwide. Areas of expertise include Engineering, Contracting, Construction, Manufacturing, Trading, Shipping, Jewellery, Travel, Consumer Electronics, Waste Paper Recycling, CARS, Building Maintenance, Information Technology, Human Resources Management, Real Estate, Finance and Industry. The Group's consolidated sales for the year ending 2003 were in excess of USD 1.5 billion.
About ETA STAR
ETA STAR Property Developers LLC was established in 2004 as the property development arm of The ETA-ASCON Group. The prime objective of the company is to harness the growing commercial opportunity in Dubai's Freehold market. ETA STAR has embarked on an ambitious programme to develop Commercial and Residential properties to cater to a discerning international clientele. Developments worth AED 400 million are already underway and many more are planned over the coming decade. Please visit www.etastarproperties.com for further information.
For further information, please contact:
Prem Ramchandran
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
PO Box 28063
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
Web: www.asdaa.com
Posted by Anne-Birte Stensgaard, Senior News EditorMonday, September 27 - 2004 at 15:30 UAE local time (GMT+4)
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