Tameer moves ahead on "Al Jawzaa" residential development

The latest announcement reinforces Tameer's important presence within the regional property market, especially in the high-end, freehold residential and commercial property development sector. With a number of developments in progress and more to follow, Tameer is emerging as a major player in meeting the rising demands for elite residential space in Dubai, and across the Middle East.

Located within Phase Three of International
City, the twin buildings of the "Al Jawzaa" project cover a built up area of 241,658 sq. feet, covering basement, ground and five floors. Each of the five floors comprise of 18 spacious, well designed studio, one and two bedroom apartments. The twin building project is estimated to cost 55 million AED and is forecasted to be completed by Mid-2007.

Announcing the launch of the "Al Jawzaa" twin residential building development, Ali Al Khudairi, CEO of Tameer Holding remarked: "An indication of our true commitment towards developing high quality residential space, we are delighted to announce the "Al Jawzaa" project. Tameer already has a number of residential developments under progress, such as the Dana I and Dana II at the International City. Following our success with the Dana residential complexes, we are sure that the twin building, "Al Jawzaa" project will be a huge success as well."

Located next to each other, the twin residential building complex also boasts of excellent facilities such as swimming pool, gym and other modern amenities. Drawing from Tameer's rich real estate experience, the buildings also have ample parking facilities and other functional constituents, which are essential for residential complexes.

Formed through a strategic partnership between Al-Rajhi Investment Group & Tameer Property Establishment, Tameer Holding had entered the thriving UAE property market with the world's tallest tower "Princess Dubai", located in Dubai Marina, the Dana 1 & Dana 2 projects in International City, and Al-Ameera Tower, Sharjah's tallest residential tower. Today, the firm's investment portfolio in the market totals AED 40 billion.