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Tameer showcases new developments at the International Property Exhibition
- United Arab Emirates: Saturday, February 25 - 2006 at 16:36
- PRESS RELEASE
Dubai's World Trade Center in the past week played host to the International Property Exhibition, which this year featured leading Middle Eastern real estate developer Tameer Holding's latest projects.
Mr. Ali Al Khudairi, CEO of Tameer Holding, speaking of his company's achievements attributed its success to a key focus on excellence and first-rate teamwork. Since Tameer decided to concentrate solely on real estate development, it has been witness to a high degree of triumphs which have been spearheaded by a number of prestigious and innovative projects, such as the Al Ameera Village. This Ajman based project is a mixed-use infrastructure development, which spans an array of constructions from traditionally designed residential buildings, to a five star hotel and hotel apartments, all of which are complimented by a shopping mall covering an area of 50,000 square meters.
Also showcased was the twin building assignment of International City's Al Jawzaa project, which is estimated to cost over 55 million AED and is forecasted to be completed by the middle of next year. Covering a built-up area of 241,658 square feet, each of the Al Jawzaa's five floors will contain luxury one and two bedroom apartments and studio apartments.
Speaking further on these projects Mr. Ali Al Khudairi said: "The Al Ameera Village and the Al Jawzaa projects are just two examples of premier investment opportunities being offered by Tameer which have values that are expected to far exceed those of its neighboring property developments".
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 Tower", located in Dubai Marina, the Dana 1 & Dana 2 projects in International City, Al Salam City in Umm Al Quwain, Al Ameera Village in Ajman and Al-Ameera Tower, Sharjah's tallest residential tower. Today, the firm's investment portfolio in the market totals AED 40 billion.
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