Abdulla Lahej, Acting Director of Development, Emaar Properties, led the team during the ceremony held on the 34th floor of the residential offering on the shores of the spectacular man-made lake.
He was joined by Fred Durie, Executive Director Development, David Richmond, Senior Director Development, Mohammed Moshneb, Senior Development Manager, Mohammed Maydoor, Assistant Project Manager, all of Emaar. Also present were members of NASA Multiplex, the main contractors.
Construction for the towers began in August 2003 and NASA Multiplex have completed the structure on schedule. Cost of constructing the six towers is approximately AED 580 million. The project will be completed in 2006.
The Residences comprises of one, two and three-bedroom luxury apartments, with breathtaking views of the Burj Dubai Tower and the surrounding skyline. It has all the amenities of a metropolitan centre, but with the comforts and security of an exclusive community right in the middle of Dubai's downtown area.
Facilities include swimming pools, squash court, golf court, fitness centre, a mini theatre, library, business centre and guest suite. The homes feature the latest in IT and communications technology. 24-hour security and maintenance, basement parking and concierge facility will also be provided.
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The Residences at Burj Dubai topped out
- United Arab Emirates: Tuesday, May 17 - 2005 at 13:35
- PRESS RELEASE
The Residences, Emaar's exclusive 6-tower complex in the heart of the Burj Dubai District, was topped up on schedule last week.
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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 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 in Dubai including Dubai Marina, Arabian Ranches, Emirates Hills, The Views, The Meadows, The Springs, The Lakes, Hattan Homes, The Greens, Emaar Towers and The Residences at Burj Dubai. The company also owns and manages the Gold and Diamond Park. Emaar has started construction on its most ambitious project to date, the Burj Dubai Development, which comprises The Burj Dubai, The Dubai Mall, The Boulevard, The Old Town, man-made lakes, landscaped parks, etc. The company also has joint ventures and projects across the region covering Saudi Arabia, Egypt, Jordan, Libya, Morocco as also India and Pakistan.
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, which includes the Government of Dubai. In line with this corporate belief, Emaar also owns and manages three subsidiaries - Dubai Bank, focused on retail and commercial banking, 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. Emaar is also the majority shareholder of Amlak Finance, UAE's first mortgage finance company. In 2004 Emaar was included in the Dow Jones Dubai International Financial Centre Arabia Titans Index.
Press Contact:
Kelly Home
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Tel: (+971 4) 335 5969, Fax: (+971 4) 335 6080
Emaar Properties PJSC
Tel: (+971 4) 367 3566
Fax: (+971 4) 367 3705
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, May 17 - 2005 at 13:35 UAE local time (GMT+4)
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