KM Properties presents 'The Park Square project'

KM Properties is a subsidiary of the Al Rostamani Enterprise and is a fully fledge real estate company with a diversified portfolio of residential, commercial and freehold properties in over 80 countries. In addition, KM Properties' range of services also includes property investment, management of completed projects, evaluation and inspection, retail and consultancy, maintenance and interior design, personal and business storage, special needs for the elderly as well as financial and legal advice. In addition KM Properties has ventured into e-marketing targeted at property investors and developers.

The Clients of KM Properties are at a distinct advantage finding it much easier to operate within the property market due to KM Properties' local team of specialist property consultants and global network that spans 80 countries.

The Park Square project conjures up a vision of a desired lifestyle, luxury, state-of-the-art facilities and iconic buildings. This proposed novel development is set to make this particular vision become a reality.

The Park Square Project, which covers 1.4 Mil sq.ft. has already received unprecedented demands resulting in Phase I being sold out within the first week of release. The investment figures speak for themselves with a projected 300% return on investment and individual investors receiving a Financial Plan of their plot highlighting the return on investment and RRI. The Project's range of components has attracted immense attention from investors, being near to a Theme Park, Zabeel Park - being developed by Dubai Municipality,
The Park Square Mall Leisure Complex, Tower Hotel, Residential Towers, Office Towers and Buildings. The closeness to the twin parks and the accessibility of Dubai Metro's Station on site as well as the largest Headquarters, have made this a unique investment opportunity.

The Master Plan for Park Square was developed by KM Properties with a large team of International Consultants. Investors and developers are being offered 35 year concession rights to develop properties on a mixed-use basis with first renewal rights. The concession offerings include a complete Business Plan and Financial Modeling validated by a team of international financial houses, preliminary development concept, suggested space utilization and optimal revenue model.

It is anticipated that the first construction tenders will come out in early 2006 and that construction will commence within the first quarter.

Park Square hosts unique features which include the development being within Zabeel Park which is a twin park which flanks either side of the development. The development itself will comprise of business, commercial, residential, leisure and entertainment. Add to this the location of the Dubai Metro Headquarters and one large train station and it is a receipe for unprecedented value for money. Park and Ride facilities will ensure a hassle-free, congestion free area and at the same time provide a central quick and easy connection by rail to all major parts of the city. The development is only 11 minutes train ride away from the Dubai International Airport and 14 minutes from Jebel Ali. The Metro Rapid Train will have the capacity to carry 170 million passengers a year and will be able to cope with Dubai's anticipated annual population growth rate of 6%. This is reflected in the projected passenger carrying figures for 2020 of 1.8 million passengers daily and 570 million annually.

Park Square is strategically located near the World Trade Center, Sheikh Zayed Road and the Fairmont Hotel area. Once constructed residents and office dwellers will enjoy spectacular views of sea, lake and Dubai Creek. With Parks on the doorstep and the thoughtful layout of the master plan, this is a once only investment opportunity for a distinct lifestyle.