Falcon City of Wonders to launch 'The Wings' at Home Owner Dubai 2006

The company is now mulling to launch "The Wings" - a new collection of 200 villas in four distinct themes designed by the National Engineering Bureau (NEB) - at the fourth Home Owner Dubai 2006 exhibition to be held from 26-28 January 2006 in Dubai.

Salem Al Moosa, Chairman and CEO of Falcon City of Wonders, said,"The first phase of Falcon City of Wonders was an unqualified success. Since its inception, Falcon City of Wonders had elicited tremendous response from investors and end users leading to successful villa sales. We are now gearing up to present the new villas design to investors and homeowners in light of growing market demand for the properties and the upbeat outlook of the real estate market as a whole."

"The Wings are a premium collection of tastefully appointed villas, which will set a benchmark in property development due to their fantastic design, and their central location. Showcasing the model at a well-known platform such as the Home Owner Dubai 2006 exhibition will allow investors and end users to conveniently approach us for enquiries and purchases, and will help further raise the profile of our premium property offerings and generate greater public awareness about the project,"

Al Moosa added.

Home Owner Dubai 2006 exhibition will encompass all aspects of the home buying process. The properties within Falcon City of Wonders were earlier displayed at prominent events such as the Worldwide Property Show held in Dubai in November 2005. The company also recently entered into strategic partnership with AMLAK Finance PJSC, the largest publicity held Islamic finance company in the country, and a pioneer in Islamic home finance services to facilitate purchase and investment. Moreover, the company recently opened its new sales office in Dubai to simplify the buying procedure for potential investors and end users by ensuring better access, and to enhance the visibility of the project.

Falcon City of Wonders is a unique, purpose-built community project featuring structures based on the wonders of the world, such as the Pyramids, the Hanging Gardens of Babylon, the Eiffel Tower, the Taj Mahal, the Great Wall of China, the Leaning Tower of Pisa, and the Light House of Alexandria. The project, which combines various commercial, residential, educational and leisure facilities, is shaped after the falcon, which is symbolic of the UAE's heritage.