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Saturday, September 5, 2009

Al Fara'a Properties hands over award-winning 'Le Grand Chateau' project ahead of 2010 deadline





Al Fara'a Properties hands over award-winning 'Le Grand Chateau' project ahead of 2010 deadline

Developer is first to deliver in Jumeirah Village

September 5, 2009

Al Fara'a Properties, a member of the Al Fara’a Construction, Property and Industrial Group, has announced that the handover of units within its AED 225 million inaugural residential development - 'Le Grand Chateau' (LGC) is complete, well ahead of the 2010 deadline set for the project’s delivery. The announcement also coincides with the welcoming of the first batch of tenants moving into the high profile development, which is the first project to be completed in Jumeirah Village. As a testament to the developer’s achievement in adopting top quality construction standards and in affirming the competitiveness of Dubai-based developments among other landmark projects across the Gulf region, LGC has bagged the 'Best Development' award at the CNBC Arabian Property Awards 2008.

Ideally located at the heart of Jumeirah Village, ‘Le Grand Chateau’ draws inspiration from the architecture of the 16th century Chateaux of the Loire Valley in France. The development comprises 15 luxurious four-bedroom G+2 townhouses and a residential block with a combined total of 185 apartments. In addition to its impressive design, all aspects of the project - from furniture to lighting - have been carefully selected and blended to uphold the highest standards.

"We are thrilled to be the first developer to deliver a project in Jumeirah Village, ahead of our 2010 scheduled completion date,” said Dr JR Gangaramani, President and Executive Chairman, Al Fara’a Construction, Property and Industrial Group. ”Through maximising our ability to deliver world-class turnkey solutions as a truly integrated construction group in the UAE, we believe that we have positioned ourselves as a real estate provider of choice to customers that seek solid investment solutions.”

In line with its commitment to provide excellent care to its investors, the Al Fara’a Group has provided LGC investors access to flexible financing options for the project through Abu Dhabi Commercial Bank (ADCB). Furthermore, the Group has also recently launched a facilities management division, which will help in optimising the costs of maintenance and ensuring the longevity of investments, whether it be through well maintained facilities or stretching the maintenance pool fund as far as possible. As an additional value-add, Al Fara’a Properties has partnered with Al Huzaifa Furniture to bring occupants a range of d├ęcor ideas centered on classic Italian furniture in a contemporary modern setting. LGC tenants are also offered special rates on the leading furniture company’s latest collection and its turnkey interior design services such as design consultancy, concept designing and custom interior solutions.

“We are committed to exceeding the expectations of our clients throughout the value chain, whether in terms of providing the right solutions for their needs or actively ensuring the sustained value of their investment. We remain steadfast in our belief that swift, efficient and timely handover of projects is as important as the value of investment driven by construction quality and facilities offered. We will continue to apply these standards to The Manhattan’, and ‘Mulberry Mansions' projects in Jumeirah Village, and bolster the investments of our clients through our recently launched facilities management division within the Al Fara’a Group, which will assume full responsibility for the care and security of the project to ensure the quality of the building is well maintained at most acceptable cost and value,” concluded Natasha Gangaramani, Director, Al Fara’a Properties.

In addition to LGC, Al Fara’a Properties has two other luxury residential projects within Jumeirah Village - the ‘The Manhattan’, and the ‘Mulberry Mansions'. Inspired by the urban residences of 1930’s New York, ‘The Manhattan’ will offer 355 units, which comprise a selection of studio, one-, two-, and three-bedrooms apartments; while ‘Mulberry Mansions' will provide 12 Victorian-styled two-storey townhouses, incorporating four bedrooms, a private two-car garage, a terrace, a balcony, maid’s room with separate access, and a small private garden.

Image 01: Living room area of the show apartment at the ‘Le Grand Chateau’

Image02: Bed room area of the show apartment at the ‘Le Grand Chateau’

Image 03: External view of ‘Le Grand Chateau’ at Jumeirah Village

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