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Monday, October 21, 2013
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Sunday, October 13, 2013
Seven in ten visitors to Omniyat stand at Cityscape mentioned Expo 2020
Seven in ten visitors to Omniyat stand at Cityscape mentioned Expo 2020
Mahdi Amjad: “Investors looking at Expo as a catalyst to boosting Dubai’s image as global real estate hub”
Dubai, UAE, 13 October 2013: Omniyat, a leading developer in the Middle East, has said that 7 out of 10 visitors to its stand at Cityscape Global 2013, mentioned in one way or another Expo 2020.
According to Mahdi Amjad, Omniyat's Executive Chairman and CEO, this indicates the extent of influence the Expo 2020 has on investors and how the likelihood of Dubai winning the bid is acting as a catalyst to boosting Dubai’s position as a global real estate hub.”
Amjad said that there was a positive link between winning the bid and the graph of Dubai’s real-estate in the global market, and added that Dubai had already earned an international image that will surely be further boosted by winning the bid.
He said he is extremely optimistic about Dubai’s bid and added that he was impressed by the collaborative efforts between public and private sectors to attain this goal.
Amjad added that the new creative inputs into the global real-estate sector made by Dubai makes the Emirate an ideal location to host the Expo, backed by the huge investments exerted by Dubai government in infrastructure.
Speaking at the conclusion of Cityscape Global 2013, Amjad said: “At Cityscape, we highlighted ‘The Opus’ that will be an outstanding icon on the skyline of Dubai. We also showcased The Pad, which brings a slice of Miami to Burj Khalifa District through an artistic edifice tilted at 6.5 degrees.”
Dubai enters the final draw of Expo 2020 with competing cities of Izmir in Turkey, Yekaterinburg in Russia and Sao Paulo in Brazil. Experts at Cityscape pointed out that the Dubai had the highest chances of winning the bid and host the show for 6 months.
Amjad added: “Dubai is very well-equipped to host Expo 2020 as it has battled its way to the top.”
If Dubai wins the bid, the emirate will attract millions of visitors who will explore diverse pavilions, exhibitions and cultural events staged by hundreds of participants,including nations, international organisations and businesses in Dubai.
The Shanghai 2010 World Expo brought attention of 73 million people, while the next World Expo takes place in Milan, Italy, in 2015. And Dubai is almost on the way to be a successful host of Expo 2020.
Tuesday, October 8, 2013
Dubai Water Canal features prominently in Cityscape Global
Dubai Water Canal features prominently in Cityscape Global
The project is showcased in a common stand run by RTA, Meydan and Meraas
Dubai- Roads & Transport Authority – Mohammed Al Munji:
The Roads and Transport Authority (RTA), along with Meydan Group and Meraas Holding, have teamed together in running an extensive stand spanning 360 square meters in Cityscape Global 2013; where the components of the Dubai Water Canal showcased included real estate developments, shopping mall, retail outlets, restaurants and residential units to be built on both sides of the Canal which extends from the Business Bay district, crosses the Sheikh Zayed Road and Jumeirah Beach Park and runs through up to the Arabian Gulf.
The Dubai Water Canal project is considered a consummate destination development for regional and international tourist as well as the residents of the Emirates showcasing ingenuity, leadership and creativity.
The stand which comprised huge models, prototyped water canal and portraits depicting the features of the Dubai Water Canal Project had been designed to give the visitor visualization of how the overall settling will look like after the completion of the Canal through reviewing the key features of the project from the starting point at the Gateway of the Canal; which is considered the main entrance of the canal at the intersection with the Sheikh Zayed Road, unifying both sides of the canal and the shopping mall, with an enclosed multi-level retail bridge that contains retail, F&B and entertainment venues. The Tower is a mixed use development that comprises of over 3.5 million square feet of area that includes 468 apartments, 470 service apartments and 617 hotel rooms, as well as over 400,000 square feet of retail and 735,000 square meter of commercial office spaces.
The stand also encompasses a model of Al Safa Park, which will be enhanced with the inclusion of an urban public beach with 1.5 kilometer of beach front and activated program space for public leisure and sports activity. The park boast updated facilities for running and cycling trails that are anchored by perimeter of 1,642 units of residential developments, that cocoons and captures the imagination of a transcendent urban lifestyle park. Within this zone residential and retail facilities edge both sides of the canal that are commensurate with the existing surrounding fabric. This perimeter will include over 460,000 square feet of boardwalk retail and restaurants, as well as 855 residential units.
The stand also includes picturesque drawings of the Jumeirah Highstreet area; an exclusive enclave of 19 bespoke water villas and 44 townhouses above retail outlets. The canal walk environment transforms to a relaxed residential tempo with café culture punctuated with local plazas that nurture community interaction and healthy lifestyle. There will be over 180,000 square feet of retail with a total development area of over 760,000 square feet. The water villas are elevated on piers over the water with private boat docks and serene infinity edge swimming pools overlooking the canal activity.
The visitor of the Dubai Water Canal stand will conclude his or her visit by reviewing models and drawings showcasing the newly designed Jumeirah Beach Park; with additional public beachfront that cradles the water and shelters the crescent shaped beach. The esplanade continues from the Business Bay to the apex of the canal that is anchored with a spectacular hotel tower that extends into the Arabian Gulf. This peninsula at the mouth of the canal includes a 120 boat marina, 925 hotel rooms and 1,363 residential units with stunning views of the Gulf, canal and the city. There will be over 200,000 square feet of retail with a total development area of over 4.2 million square feet.
14 million square feet
The Dubai Water Canal project is considered a symbol of the innovative spirit of the Emirates to create peerless opportunities for community enrichment and growth. The development provides over 14 million square feet of exemplary retail, dining, hospitality and residential lifestyle along an exhilarating esplanade that borders a splendid canal, which connects Jumeirah Beach to the Business Bay.
It is worth mentioning that the Dubai Water Canal will add six km to the Dubai waterfront and the Canal has a depth of up to six meters in high tides. The crossings rise more than eight meters to ensure the smooth and safe passage of large boats measuring 200 meters in length. It will also contribute to renewing the entire length of the Business Bay Canal water automatically without using water pumps. Thanks to the Canal, the Dubai Creek water will be renewed by 250 million cubic meters annually upon the completion of linking the Canal with the Business Bay District. The water movement during the hide and tide process through the Canal is estimated in the order of 800 million cubic meters per annum.
The Polo Residence attracts wide interest on Day 1 of Cityscape Global
The Polo Residence attracts wide interest on Day 1 of Cityscape Global
Elite residential communities are the main feature of this year's show
Dubai, UAE, 8 October 2013: Flash Properties, a leading real estate company in Dubai, attracted wide attention to its projects on the first day of Cityscape Global, particularly The Polo Residence, a flagship AED 2.1 billion real estate project in Meydan in Dubai scheduled to be completed by 2015.
The Polo Residence was one of the distinguished and elite residential communities that form key attractions of this year's edition of Cityscape Global 2013 for real estate investors and end-users.
Flash Properties said, the project ideally located in the vicinity of Downtown Dubai provides high levels of privacy, with its 29 buildings consists of not more than 4 residential floors,and offers higher levels of comfort toits residents.
The new gated community covers an area of 1,500,000 square feet in Meydan, and consist of 29 buildings, each uniquely designed to provide privacy and a feeling of space.
The Flash Properties team explained the unique advantages and key facilities in the project, on their stand in hall 6 of the exhibition. They also gave advice on how to make all logistics simplest ways possible.
Real estate experts predicted that this year’s edition of Cityscape Global Dubai 2013 will see a more impressive portfolio of projects unveiled by real estate development companies, totally valued at over 13 billion dollars, (AED 50 billion).
This year’s edition of the show saw participation of more than 250 companies on an area of 25,000 square meters, a strong indicator ofrobust revival of the local sector.
The Polo Residence project is 8 minutes away from Down Town Burj Khalifa. The entire infrastructure around the project has been completed. The project is focused on green living with 60% space reserved for green areas and playgrounds.
Flanking the racecourse and accessible form Al Khail Road and Shaikh Mohammad Bin Zayed Road, the new gated community in Meydan, will consist of 29 buildings, each uniquely designed to provide privacy and a feeling of space.
Tanzeel Gader, CEO, Flash Properties said:We are delighted to be granted the exclusive sales rights for The Polo Residence ambitious project. Flash Properties has handled the sales and marketing of some of the most successful real estate projects in the UAE. We are confident that we will replicate this success with The Polo Residence.”
The Polo Residence project is showcased at the stand of Invest Group Overseas (IGO), the developer of the project, as well as MAG stand, the mother company.
Monday, October 7, 2013
Invest Group Overseas (IGO), member of MAG Group, unveils its AED 2.1 billion flagship “The Polo Residence” project in Meydan
Invest Group Overseas (IGO), member of MAG Group, unveils its AED 2.1 billion flagship “The Polo Residence” project in Meydan
Covering 1,500,000 square feet, project is one of a series of flagship projects to be launched by IGO in 2014
Dubai, UAE, 7 October 2013: Invest Group Overseas (IGO), a leading international investment company and a member of MAG group, unveiled The Polo Residence, its flagship AED 2.1 billion real estate project in Meydan in Dubai.
Flanking the racecourse and accessible form Al Khail Road and Shaikh Mohammad Bin Zayed Road, the new gated community that covers an area of 1,500,000 square feet in Meydan, will consist of 29 buildings, each uniquely designed to provide privacy and a feeling of space,.
Dr. Anas Kozbary, CEO of IGO, said: “The launch of this iconic polo-theme community is a proud moment for IGO, because it represents a new outstanding addition to the real estate scene of Dubai. The Polo Residence project is 8 minutes away from Down Town Burj Khalifa. The entire infrastructure around the project has been completed. The project is focused on green living with 60% space reserved for green areas and playgrounds. The buildings are low rise (ground plus 4), making it one of the few projects in Dubai to offer quality lifestyle with fewer units per building.”
He added: “IGO is the developer behind some major property developments in the Middle East Region, with trend-setting projects. The Polo Residence is only a preview of the unique offerings IGO has in the pipeline for Dubai.”
While launching the unique development IGO announced its strategic partnership with Flash Properties, a leading real estate company in Dubai, to exclusively manage the sales of this contemporary "Polo Community" project that is scheduled to be completed by 2015.
“When IGO set out to identify the most suitable location for our major investment in Dubai, we had to narrow down our choices to something that fully captured the essence of our brand and our vision. After extensive studies and assessments, IGO settled on Meydan,” Dr. Kozbary said. “Meydan boasts a friendly ambience, with serene surroundings. Most importantly, it is next door to Mohammad bin Rashid City, which we all believe will be another mega development in Dubai.”
Tanzeel Gader, CEO, Flash Properties said: “We are delighted to be granted the exclusive sales rights for The Polo Residence ambitious project. Flash Properties has handled the sales and marketing of some of the most successful real estate projects in the UAE. We are confident that we will replicate this success with The Polo Residence.”
The Polo Residence project will be showcased at Cityscape Global 2013 at IGO MAG stand as well as Flash Properties stand.
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