Tameer's Al Dana 1 development on the verge of completion

A Tameer spokesman yesterday stated that the construction of Al Dana 1 is on the verge of completion, with its every apartment already sold out to investors and residents. Part of a twin tower development situated in Dubai International City, a prestigious residential and commercial project also currently under construction, the Al Dana Towers are next in a long line of high profile state-of-the-art developments on the verge of fruition across the country.

"We at Tameer are proud to confirm that the Al Dana 1 tower is near completion." confirmed Ali Al Khudairi, CEO of Tameer Holding."This means the frame of the structure is completed and it will only be a matter of time before the building itself will be ready for residents to move in."

With 2006 being a landmark year for the developer that has so far seen the launch of the ambitious AlSalam City; the Al Dana 1 announcement comes shortly after the UAE based real estate developer declared the completion of the AED 250 million town sized industrial development, the Emirates Industrial Area.

"In true Tameer style, we work quickly and efficiently with no slip in dedication and concentration. Before the end of the year we will soon be handing the keys over to the Al Dana 1 residents, as we endeavor to ensure that all of our developments are delivered to our customers in the time stated without any lapse in their quality." said Ali Al Khudairi.

At the beginning of 2005 the development's sister building Al Dana 2 was launched, with construction on both projects moving at a steady swift pace. The Al Dana 1 building has been officially scheduled for completion by the autumn of this year and will contain a number of amenities that include a large swimming pool, gymnasiums and a health spa, that will all compliment it's 10 luxury residential floors that face the main center of Dubai International City.

Formed through a strategic partnership between Al-Rajhi Investment Group & Tameer Property Establishment, Tameer Holding had entered the thriving UAE property market with numerous sophisticated developments, including the world's tallest tower "Princess Tower", located in Dubai Marina, the Dana 1 & Dana 2 projects in International City, Al Jawzaa in the International City, Al Shahd in the Emirates Hills, The Regal Tower in Business Bay and Al Ameera Village in Ajman. Today, the firm's investment portfolio in the market totals AED 40 billion.