A new AED 100 million labour freehold accommodation project launched

Located within Tameer's Emirates Modern Industrial area in Umm Al Quwain, the project is a unique development, standing on an area of one million square feet, bringing excellent facilities, services and infrastructure to workers and other residents of the new development.

Speaking on the pioneering project, Mr. Omar Ayesh, President of Tameer Holding, mentioned that the development is worth AED 100 million. He further added that the site is conveniently located, at approximately five minutes from Al Nojom Island and Al Salam City in Umm Al Quwain, and only 30 minutes from Dubai.

The distinctive benefits available through the latest Tameer project include 600 plush residential units, including extensive parking facilities and added quality infrastructure. All buildings developed by Tameer comprise of spacious and comfortable living quarters. The freehold property project, which is scheduled for completion within 12 months, is already available for sale to buyers.

Commenting on the latest development, Mr. Omar Ayesh remarked,

"As the construction continues to succeed within the Middle East, it is crucial to provide optimum living standards for workers and labourers alike. Through our new project, we aim to provide high standard residential units with excellent facilities and services for construction workers and others. We are positive that the project will be an outstandingly successful very soon."

The Emirates Modern Industrial Area is an integrated industrial, commercial and residential development, in close proximity to Ajman, Sharjah and Dubai. It has been designed to allow the building of a ground floor (commercial shops), mezzanine and two levels onto each street. At the rear, it is designed purely for industrial purposes, and is built on a total space of approximately 80 million sq. feet.

Tameer Holding Company is the result of a strategic partnership between Al-Rajhi Investment Group & Tameer Property Establishment. Its investment portfolio in the market totals to AED 40 billion. The company is developing a number of the quality projects within the UAE, such as the Madinat Al-Salam Project in Umm Al-Quwain, investing up to AED 50 billion, covering an area of 220 million square feet.

Tameer Holding Company has also entered the Dubai property market with the world's tallest tower "Princess Dubai", located in Dubai Marina, the Dana 1 & Dana 2 projects in International City, and has also entered the Sharjah market with the Al-Amira Tower, Sharjah's tallest residential tower.