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Tameer hold celebratory event for Al Salam City launch
- United Arab Emirates: Monday, March 06 - 2006 at 15:10
- PRESS RELEASE
The regions leading real estate developer Tameer Holding, hosted a lunch at the Grand Al Hyatt Dubai in celebration of the successful sales launch of Al Salam City; the company's colossal project based in Umm Al Quwain.
To celebrate the successful launch of this city, Tameer Holding is offering a 10% discount until Thursday March 9th on property purchases within this remarkable development; providing an unprecedented low price to prospective residences on services and features unavailable elsewhere in the region.
Situated strategically on the Emirates Road and the Pan-Emirates road currently under construction, the Al Salam City is an integrated residential & commercial area, consisting of a number of residential districts. The development has been designed to house up to half a million residents with an area that will include parks, playgrounds, entertainment centers, horse riding stables and cable car facilities.
One of the city's most distinguishing features is its 'Down Town' area. Expected to hold a gargantuan shopping mall which has been slated as the first of its kind in the Middle East, the area will also contain a main hotel tower composed of more than 50 floors and several other residential and commercial towers. This First Phase of the project will also include the development of Al Salam's residential districts, where the initial district will include a large number of residential villas, while the second will be comprised of two hundred 4, 5 to 12 story buildings. The entire city's population is estimated to be around the half a million mark.
'Al Salam City guarantees unique benefits that make it the ideal place to call home'. Omar Al Ayesh continued. 'The city is truly among the most advanced in the world. Among the reasons why the city is a cut above the rest are the residential areas that have been designed in such a way, that every apartment and villa cluster has its own access to a private park, swimming pools, children's play areas, and nurseries that can be monitored through Web cams or closed circuit television.'
The security, health and safety of its populace are one of the city's many aspects that differentiate it from other town developments. Promised are strategically positioned emergency centers that will enable the emergency services of the police, ambulance and fire department to be able to reach any part of Al Salam city within 4 minutes of a call.
The Project executed in 3 phases, will have its first phase scheduled for completion within the next three years. The cost of each phase is at an investment of AED 10 Billion apiece.
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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Posted by Anne-Birte Stensgaard, Senior News Editor
