The fun packed days included a range of children's activities and entertainment for the residents of Arabian Ranches, The Meadows and The Springs as well as raising money for a local children's charity.
The Community Market Days gave residents the opportunity to rent a table and sell a variety of goods to other residents in their community. With items ranging from handmade cards, sporting goods, clothes and other household articles, the days attracted over 100 tables. The monies raised from the rental of the tables were donated to the Al Noor Training Centre for Children with Special Needs.
During the course of the day, youngsters were treated to various entertainment ranging from bouncy castles and a big chief slide to face painters, balloon benders and cartoon characters. Jebel Ali Hospital was also on hand to provide residents with complimentary blood pressure checks and blood sugar levels.
"A good day was had by all and the community event was well attended by residents. A new concept in Emaar's 'Celebrating Lifestyles' programme, the Community Market Days provide an ideal opportunity for neighbours and families to get together, enjoy themselves and socialize as a community," said Ahmad Al Falasi, Director of Property Management, Emaar Properties. "We will be organising similar events throughout our communities."
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Emaar Community Market Days
- United Arab Emirates: Tuesday, June 13 - 2006 at 11:48
- PRESS RELEASE
As part of Emaar's ongoing 'Celebrating Lifestyles' programme, the company recently held two Community Market Days within its Arabian Ranches and The Meadows/The Springs neighbourhoods.
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About Emaar Properties PJSC:Emaar Properties, the Dubai-based Public Joint Stock Company, is listed on the Dubai Financial Market and is part of the Dow Jones Arabia Titans Index. The company recently announced that its net profits for the first quarter ended 31 March 2006 reached AED 1.517 billion - an impressive rise on the AED 1.325 billion for the equivalent period. Emaar's net profits for the year ended 31 December, 2005 climbed 180 per cent, to a record AED 4.731 billion. The figures represent a substantial increase on the AED 1.691 billion for the year 2004.
The company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base with more than 13,000 homes handed over to satisfied customers to date. Currently, it has several major real estate projects under various stages of development in Dubai including Arabian Ranches, Dubai Marina, Emirates Hills, The Views, The Meadows, The Springs, The Lakes and The Greens. The company also owns and manages the Gold and Diamond Park.
Emaar has started construction on its most ambitious project to date, the AED 73 billion Burj Dubai Downtown development, which comprises the Burj Dubai - the tallest tower in the world when completed in 2008, The Dubai Mall, Burj Dubai Boulevard, The Lofts, The Old Town, The Old Town Island, The Residences, Burj Views, man-made lakes, landscaped parks and gardens. The company has joint ventures and projects across the region covering Saudi Arabia, Egypt, Syria, Morocco, Turkey, Tunisia, India and Pakistan.
Last year the award winning property developer announced plans to aggressively expand the retail sector with investments of over AED 15 billion to develop approximately 100 malls in the mega emerging markets of the Middle East, North Africa and the Indian subcontinent. In addition, Emaar has teamed up with Giorgio Armani S.p.A to build and manage 10 Armani hotels and resorts across the world; an Armani hotel will feature in Emaar's flagship Burj Dubai tower.
Recently the company also announced plans to expand its investments into the education and healthcare business. The education initiative will involve the establishment of international schools in the MENA region and India, which will offer premium quality education and an integrated curriculum for students ranging from kindergarten to tertiary levels. Emaar's healthcare diversification will see the company invest around AED 18.35 billion over the next decade in the MENA and South Asia markets with the construction of hospitals, clinics and medical centres and the investment in the provision of world-class healthcare services.
While continuing to actively pursue expansion in its core business of innovative, high quality real estate development, Emaar has diversified into related business lines to further build value for its 59,000 shareholders, which includes the Government of Dubai. Emaar owns and manages EMRILL, a joint venture with the UK-based Carillion which provides innovative property and facilities management services. Emaar also holds 30 per cent equity in Dubai Bank, focused on retail and commercial banking and is the majority shareholder in Amlak Finance, UAE's leading Islamic home financing company. For further information, please visit www.emaar.com.
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ASDA'A Public Relations
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Tel: (+971 4) 334 4550; Fax: (+971 4) 334 4556
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, June 13 - 2006 at 11:48 UAE local time (GMT+4)
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