‘Living Legends’ project progressing at rapid pace; handover
of villas by end of 2014: Tanmiyat Group new CEO
Appointment of Engineer Muhammad Bin Odah is part of
company’s re-structuring aimed at boosting its real estate market share in
Dubai
Dubai, UAE,
9 June 2014: Tanmiyat’s newly appointed CEO, Eng. Muhammad Bin Odah, says that
‘Living Legends’, its major project in Dubailand is progressing at a rapid
pace, as the company’s management re-structuring process takes shape aiming at
boosting its share of Dubai’s real-estate market.
Bin Odah
confirmed that Tanmiyat will hand over the ‘Living Legends’ villas in December
2014. He added that there are also plans to release new apartments in the
market shortly, with attractive pricing and payment plans.
According to
the company, the dramatic progress on Living Legends project is a reflection of
the current robustness of the real-estate market in Dubai.
“The Living
Legends project today is at an advanced stage and I am working very closely
with the team to maintain the schedule and upgrade the quality and maximize our
supply to meet the market demands as part of Tanmiyat’s efforts to consolidate
its leading position amongst real estate developers not only in Dubai but also
in the region,” Bin Odah said.
Eng.
Muhammad Bin Odah who has extensive construction experience took over the
project recently, leveraging his wealth of expertise as an engineer to look
after every little detail. In addition, Mr. Bin Odah has very dynamic
management capabilities having held several leading positions prior to
Tanmiyat.
Living
Legends, the 7 billion AED project, is an independent residential community with
a golf course, a mall, landscaped gardens as well as other facilities to add to
the comfort of residents.
Living
Legends is also an attractive project for investors as it is part of the larger
iconic entertainment project “IMG Worlds Of Adventure” in Dubailand. Tanmiyat
is one of the main players in the ‘Legends’ project and an integral part of it.
Tanmiyat
Group was launched in 1992, and currently has operations in different countries.
According to the management, the company's restructuring is aimed at
consolidating its position as one of the leading companies in the real estate
sector in the region and to explore new opportunities.
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