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High Rise Real Estate launches the 7 billion Dirham Emirates Flag Development in Ras Al Khaimah
- United Arab Emirates: Thursday, September 21 - 2006 at 16:55
- PRESS RELEASE
Ras Al-Khaimah is eagerly anticipating a major new landmark, with the announcement by High Rise Real Estate today of the prestigious Emirates Flag project.
In an inspiring conceptual design based on the Emirates Flag, designed by the reputed architectural design firm, Dimensions, the development is spread over 7 blocks. Each block will be themed around one of the Emirates - and will include a residential tower, hotel and office tower - complete with local art, food and décor from the Emirate represented in the design of the block. The project when built will proudly portray the flag of the UAE, immortalised for eternity in concrete glass and steel.
"We want the Emirates Flag project to be the first icon of the UAE, representing the unity and dynamism, of this country. This project will put Ras Al Khaimah on the global map," said Mr. Faisal Ali Moosa, Managing Partner, High Rise Real Estate.
Each block is divided into 3 buildings; a residential tower, a hotel and an office tower. There are seven such blocks in the development.
Each residential tower will face the sea and will consist of 160, one Bedroom flats of 800sq ft each, 120 studio flats of 450 sq ft each and 120, 2 Bed flats of 1,200 sq ft respectively. The Residential Towers boast of unparalleled vistas of the sea horizon and the adjacent Ras Al Khaimah coast line.
The middle building in every block is an exclusive 5 star hotel, comprising of 450 rooms, fully equipped with retail outlets, health clubs and banquet halls. Each hotel is uniquely themed to reflect the history and the spirit of the Emirate it represents, each imposing hotel covers more than 300,000 sq ft and is an architectural and design master piece by itself.
Completing the circle of self sufficiency, is the commercial office building which make up a third of the entire development. Each office tower has 25 floors and a total built up area of 300,000 sq ft, and offers a full service business centre in each tower, and retail shops. The lobby of every office tower is designed to be unique with own identity matching with the theme of the project. It will be fully self sufficient, intelligent community, complete with restaurants and retail areas all offering a direct view of the marina.
One of the amazing aspects of this project is that about 20% of The Emirates Flag project is built in the sea bridging land and sea, this provides office, homes and hotel rooms in the development fantastic vistas of the RAK coast line. The project also boasts of a large man made marina built to moor the yachts and boats.
'You will be actually able to drive your yacht to the door step of your office in the morning and watch the setting sun on the horizon, on your way back home at the helm of your yacht. Now that is the way to drive," explained Mr Hisham Al Ghani, Designer of the Emirates Flag Project.
"Commuting between Dubai and Ras Al Khaimah will not be a problem any more, as The Emirates Flag Development will provide its own fleet of high speed Water Jet taxis, which will provide an over-water connection for commuters travelling between Ras Al Khaimah and Dubai. This will be a fantastic service for people living in Dubai and working in Ras al Khaimah and vice versa. It will reduce commuting time by over 50% you can forget about traffic jams now," he added
The Emirates Flag Development has been conceptualized and developed by High Real Estate, the creative force behind such prestigious development projects as; The Wave Business Towers, the Rotating City, Rotating residences and Al Jerf Gardens. High Rise Real Estate is renowned for conceptualizing realising ambitious, iconic, world class developments.
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About High Rise Real Estate:High Rise Real Estate was founded by two very high profile businessmen namely Mr. Abdul Hakim Al Tayer, graduated from Washington university in 1992 after obtaining a graduate in management information systems in Washington USA scion. He the member of the Al Tayer family which is a reputed business conglomerate in the Middle East with business interest in banking, finance, and construction.
Eng. Mr. Faisal Ali Moosa, Managing Director of Ali Moosa Group of companies and Ali Moosa Contracting Division and Mr. Abdul Hakim Al Tayer, scion of the Al Tayer family in Dubai which is a reputed business conglomerate in the Middle East.
High Rise Real Estate has been involved in some of the most exciting projects in Dubai like The Rotating City, Rotating City Project and Dubai's first rotating residence building. This building consists of 15 floors with the first 10 circular floors fixed and the next 5 floors rotating 360 degrees independently of each other with a duplex villa rotating right at the top with its own exclusive car lift.
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