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Tameer launches AED 30 billion Al Salam City in Umm Al-Quwain

Tameer Holding recently announced the launch of its latest, largest project - the Al Salam City in Umm Al Quwain. The Project is expected to cost over AED 30 Billion and will be built over an area covering 220 Million Square feet.

  • United Arab Emirates: Monday, July 25 - 2005 at 16:36
  • PRESS RELEASE


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        'caption' => 'Um Al Quwain vice ruler - Al Rajihi & Omar Ayesh during the launch ceremony.',
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Um Al Quwain vice ruler - Al Rajihi & Omar Ayesh during the launch ceremony.
Um Al Quwain vice ruler - Al Rajihi & Omar Ayesh during the launch ceremony.


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The unique project follows a string of consecutive real estate successes from Tameer, including the Princess Village in Ajman and the Modern Emirates Industrial Area in Umm Al Quwain.

Located at a distinctive location on the Emirates Road, the Al Salam City is an integrated residential & commercial city, consisting of a number of residential districts. The development will house over half a million residents and will include a number of prominent towers. Apart from this, the mammoth project will also realize the construction of parks, playing grounds and entertainment centers. The Al Salam City will also include a unique, colossal shopping mall, which is to be built in a distinctive, architectural style.

The Project is planned to be executed in 3 phases, with each phase expected to cover 5 years with an investment of AED 10 Billion each. The first phase of the Project will include the development of the infrastructure of the whole city, including the 'Down Town' area. The Downtown will house the distinct shopping mall, which will be the first of its kind in the Middle East and the fourth worldwide, after USA, Singapore, and Australia. Another distinguishing feature of the mall will be a huge garden that will extend throughout the mall with water surfaces such as lakes and water falls, in addition to entertainment facilities, restaurants, cafes and retail stores.

The Down Town will also include a main hotel tower composed of more than 50 floors, apart from 20 residential and commercial towers of 20 to 25 floors. The First Phase will also realize the development of residential districts, where the first district will include 1000 residential villas while the second will compose of 200 buildings of 5 to 10 floors.

Development of the first phase of the Project will begin at the end of the current year and it will extend over an area of 15 million feet covering 15 thousand residential units.

The City further consists of mosques, schools, banks, commercial shops and a number of distinct cafes & restaurants, in addition to excellent public facilities characterized by vast streets, huge green spaces, a number of parking areas and entertainment centers.

Omar Ayesh, President of Tameer Holding confirmed that the Al Salam City project is an integrated real estate project in Umm Al-Quwain, open to investors from different nationalities. He said that the project is an extension of Tameer's ongoing success and is a clear representation of Tameer's commitment towards developing quality real estate projects in the UAE. Ayesh also emphasized on the growing importance of the real estate environment in the Emirate of Umm Al-Quwain.

'Following the completion of the highly successful Modern Emirates Industrial Area, the Al Salam City project is Tameer's second project in the Emirate of Umm Al-Quwain. The major real estate development is definitely going to put the Emirate on the regional and global investment map,' said Ayesh.

Tameer had entered Dubai's real estate market through Dubai Princess, the world's tallest residential tower, which is to be registered in the Guinness Book of World Records. The leading real estate firm was also involved in the two projects of Al-Dana in the Global City. Additionally, Tameer ventured into Sharjah's real estate market through Sharjah's tallest residential tower, Princess Tower. Ajman's Princess Village Tower is also well known for its architectural style, focusing on the local environment & heritage.

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Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Monday, July 25 - 2005 at 16:36 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 Monday, February 19 - 2007


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