Canal Residence West’s Venetian apartments all set for hand-over at Dubai Sports City

Dubai: Dubai Sports City is all set to start the handover of apartments this week within its latest flagship development – Canal Residence West’s Venetian building.

It follows the successful completion of the first phase of hand-overs involving Canal Residence West’s European and Mediterranean Buildings and further builds on the population at Dubai Sports City where an extra 5,000 residents are expected to move in over the next 12 months.

Dubai Sports City President Khalid Al Zarooni said the occasion was the perfect illustration of the way the world’s first integrated sports city was continuing to move forward at a rapid pace.

“The handover of apartments within the Venetian building of Canal Residence West is an extremely proud, pleasing and exciting occasion for everyone at Dubai Sports City,” he said.

The 274 Venetian units include studio, one, two and three bedroom apartments and are finished to an extremely high standard as well as offering numerous amenities including a swimming pool, gym and sauna facility.

During the course of the summer the Canal Promenade retail outlets will be completed, as well as a health centre and restaurants, further enhancing the environment for residents.

“Each apartment in Canal Residence West comes with the superb benefits of living within Dubai Sports City,” Al Zarooni continued. “Those benefits include the fact that residents have a superb community lifestyle, with The Els Club, including its championship golf course and multiple dining options, on their doorstep, together with a range of nurseries and schools that cater for all ages.”

Those lucky enough to live at Canal Residence West are just a stone’s throw away from the ICC Academy, the Dubai Sports City Football Academy, the Sports Village and Fit Republik, a premier fitness facility in the region, which includes an Olympic-sized swimming pool and gymnastics area.

The DSC Football Zone, featuring Kickers Sports Bar and Champs Restaurant, is overseen by former Real Madrid and Spain legend Michel Salgado, and includes the Spanish Soccer Schools coaching programme that won the Gold award for Best Youth Development Programme at the Sports Industry Awards in Dubai in March.

Also close at hand are the Butch Harmon School of Golf and The Els Club, the 18-hole championship golf course designed by multiple major winner Ernie Els and the location for last December’s Dubai Open, the final event of the 2014 Asian Tour.

The Els Club includes multiple dining options, including the 261 Restaurant and The Big Easy Bar and Grill.

And for residents with young families there are plenty of schooling options, with Bradenton Preparatory Academy, an American curriculum school managed by GEMS Education that has been open since 2009, the Victory Heights Primary School and two Wonder Years Nursery schools.

DSC Chief Financial Officer Vijay Sajjanhar added: “Dubai Sports City is going from strength to strength and this handover of Venetian apartments is the latest illustration of that fact.

“Also moving forward at great pace is the Fortuna Village development, the eighth residential area within Victory Heights, the villa community that fringes The Els Club, and that development is on target for completion early next year.

“Everywhere you look, things are happening, and the fact that properties within Dubai Sports City offer one of the best returns on investment of anywhere in Dubai is another reason for people to look at what we have to offer.

“With a fantastic road and transport infrastructure around our location, situated on the Sheikh Mohammad Bin Zayed Road corridor, and just minutes from the Al Maktoum International Airport and the site of Expo 2020, Dubai Sports City really is the place to be.”

Anyone interested in enquiring about properties within Canal Residence West or any of Dubai Sports City’s developments can call +971 4 425 1111, email info@dsc.ae or visit www.dsc.ae.

About Dubai Sports City

Dubai Sports City (DSC) is a 50-million square feet mixed use development that is the world’s first integrated purpose-built sports city. The development is being built around five major sports venues and features a series of major sports academy facilities.

Among the star attractions are the 25,000-seat capacity Dubai International Stadium which has staged more Twenty20 International cricket than any other venue in the world; an 18-hole championship golf course, The Els Club – Ernie Els’ first golf course design concept in the Middle East – that hosted the Asian Tour’s 2014 finale, the Dubai Open, together with its state-of-the-art Clubhouse including multiple dining options; the International Cricket Council (ICC) head office and the ICC Academy with its state-of-the-art indoor and outdoor facilities, including two floodlit full-sized ovals: the Dubai Sports City Sports Village that includes a full-sized FIFA-approved indoor football pitch (believed to be the only one if its kind in the UAE) within the Indoor Dome, which is home to Spanish Soccer Schools runs by former Real Madrid and Spain legend Michel Salgado and includes outdoor grass and artificial turf pitches; Fit Republik, with the only permanent fully Olympic-equipped gymnastic arena in the UAE and an Olympic-sized swimming pool; and the Butch Harmon School of Golf, with world-leading coaches and facilities.

The Victory Heights golf course villa community, set on the fairways of the prestigious Els Club golf course, is thriving and expanding with the addition of an eighth community, Fortuna Village, and also located in DSC are the Bradenton Preparatory Academy, an American curriculum school managed by GEMS Education that has been open since 2009, the Victory Heights Primary School and two Wonder Years Nursery schools.

Access to Dubai Sports City is now easier than ever along the Hessa Street extension and public transport includes the F29 bus that runs to and from the Mall of the Emirates.

Memon Investments to deliver ‘Champions Tower I’ in first quarter of 2012

Memon Investments to deliver ‘Champions Tower I’ in first quarter of 2012

Leading property developer reveals smooth work and timely pace of construction on projects in Dubai Sports City

August 22, 2011

Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, Shaikhani Group, has confidently revealed that Champions Tower I (CTI), the first of the four Champions Towers, will be delivered to its customers in the first quarter of 2012. The leading developer has reported completion on CTI’s structure and blocking works and is now currently working on the first floor windows and tiling works at a very timely pace. The latest report reflects the company’s commitment towards meeting its construction deadlines amidst the challenges left behind by the global economic downturn.

The company has also reported that they are on track to meet their deadlines for the other Champions Towers projects and Frankfurt Sports Tower. The expected dates of completion include CTII in December 2012, CTIII in June 2012, CTIV in December 2013 and FST in June 2013. Takmeel, the Shaikhani Group’s newly launched turnkey services provider, will render strategic services like Design Consultation, Value Engineering and Project Management for CTI. Also, Memon Investments has revealed that the awarding of various contracts to some of the UAE’s leading contractors has played a key factor in the fast paced construction of the towers. Stromek Emirates Foundation completed the initial excavation and foundation work on the five projects, while Al Sarh Contracting facilitated the construction work and leading MEP contractor Amwar Al Aqsa managed the electrical, plumbing, fire alarm and fighting components.

“The smooth flow of construction and the fast pace of work rendered by our contractors have given us the confidence to assure our investors that we will be able to turn over Champions Tower I by early next year,” said Ahmed Shaikhani, Managing Director, Memon Investments. ”We remain fully committed to our promise of on-time project delivery. In fact, our newly launched turnkey services provider arm, Takmeel, will be providing turnkey design consultation services for Champions Tower I before it gets turned over to our clients.“

With a total built-up area of 105,133 square feet, CTI is a 15-storey tower, which will include 135 apartments comprising 49 studios, 50 one-bedroom and 50 two-bedroom apartments. The tower also provides easy access to an 18-hole golf course, a cricket stadium and various sport-oriented academies, rugby and football pitches and a track and field stadium. CTI is also equipped with modern facilities including a communal swimming pool, spa and sauna, Jacuzzi, a fully equipped gymnasium and an indoor games room.

“We are also pleased to share that Champions Towers II, III, IV and the Frankfurt Sports Towers are also moving at a pace that is sure to meet its scheduled deadlines. These projects give a clear vision of the company’s move to provide the UAE with world-class property development projects that meet the demands of our intended target markets. We remain steadfast in the move towards redefining the country’s real estate sector and play a key role in driving in economic progress,” concluded Ahmed Shaikhani.

About Memon Investments LLC
Founded as the property development arm of the international business conglomerate, the Shaikhani Group of Companies, Memon Investments has grown to become a leading property player in the region offering a diversified portfolio of premium property projects. Guided by a tradition of excellence, the developer’s intense focus lies within its core competencies, specifically acquisition, design and development, consultancy, leasing and management of properties. Leveraging the Shaikhani Group’s extensive real estate development experience, Memon Investments’ UAE portfolio comprises of prestigious residential projects including ‘Champions Towers I, II, III, and IV’ and ‘Frankfurt Sports Tower I’ in Dubai Sports City; ‘Gardenia I & II’ in Jumeirah Village, and its inaugural commercial venture -‘Cambridge Business Centre’ in Dubai Silicon Oasis, all of which embody the developer’s trademark top-notch quality and uniqueness.

Having delivered over 30,000 units across the globe with a presence in 90 countries spread across Asia, Africa, Middle East and Europe, the Shaikhani Group of Companies is presently commemorating its 30th year of delivering unique offerings and services to its global customers. In addition to its extensive expertise in the real estate market, the Group has also built a strong reputation for its unwavering support for various causes such as poverty alleviation, environmental conservation and academic development. As a socially-aware international corporation, the Group has devoted 19 years in support of the Shaikhani Foundation (formerly Rabia Charitable Foundation and the Rabia Relief Fund).

Hamza Tower interior photos,Dubai Sports City,Dubai

Memon Investments launches ‘show apartment’ at AED 145 million ‘Champions Towers III’ project

Memon Investments launches ‘show apartment’ at AED 145 million ‘Champions Towers III’ project

Leading property developer showcases fully - furnished model to give customers a look at project’s world class features and amenities


December 1, 2010

Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, Shaikhani Group, has launched a model apartment at ‘Champions Towers III (CT III),’ a AED145 million high profile residential development project designed by leading design and engineering firm, Adnan Saffarini. The move is part of a strategic marketing initiative that aims to give existing buyers a realistic view of the apartment model. The leading property developer has prepared a fully furnished unit, complete with furniture, lighting fixtures, appliances and accessories; giving customers a look of the model apartment’s world class design, features, amenities and accompanying facilities. CT III is part of the company’s AED1.34 billion portfolio mainly consisting of high profile residential projects that include ‘Frankfurt Sports Towers’ and the ‘Champions Tower’ series (CT I, CT II, CT III and CT IV).

The model unit currently displays furniture from well known, furniture and home accessories brand to give customers a feel of the apartment’s spacious and airy design. The apartments have been designed to match today’s fast paced lifestyle, which is a lively mix of key luxuries as well as adorned conveniences. The ‘show apartment’ also aims to highlight CT III’s key offerings like spacious interiors, fine marble lobby, three high-speed elevators, basement and ground covered floor parking, concierge and valet services, health and wellness facilities, 24-hour manned security and an in-house maintenance team. The 15-storey tower stands on a total built-up area of 283,672 square feet with 254 units composed of studios, one bedroom and two bedroom apartments. The tower aims to promote a healthy lifestyle among its future residents with the availability of a juice bar, health club, swimming pool, gym, sauna and steam room.

“The opening of our new ‘show apartment’ is part of Memon Investment’s move to create a more interactive and customer centric marketing approach at highlighting the units of our ‘Champions Towers III’ project,” said Ahmed Shaikhani, Managing Director, Memon Investments. “Inviting our customers to come and see our model apartment allows us to provide them with a more realistic view of the apartment—furniture and interior wise, the facilities and amenities present and what to see and do within the gated community, which will help them in their decision to invest in a CT III apartment.”

The move to launch a ‘show apartment’ for CT III follows after the leading property developer’s recent reports that CT II and CT III are steadily approaching completion—the tower’s external structure fully completed with the continuing internal work and block work expected to meet its scheduled deadline. CT III also boasts of its excellent location that is both premium and serene--where residents have easy access to world class stadiums, academies, educational, religious and healthcare facilities, restaurants, cafés and a sports themed mall that have all been built within Dubai Sport City’s gated community. The rapid pace of construction and development underlines Memon Investment’s commitment to finishing the project in time; turning over the keys to CT III’s first occupants on the third or fourth quarter of 2011.

“Memon Investments remains steadfast in its commitment to provide our customers with a luxury lifestyle that embodies the elements of comfortable living, access to world-class facilities and amenities and the confidence of living in a safe and secure community. We are confident that our key development projects like Champions Towers I, II and III will be able to meet our client’s expectations and requirements—even surpassing them with the promise of the best services and facilities that a world class developer like us can offer,” concluded Shaikhani.


About Memon Investments LLC
Founded as the property development arm of the international business conglomerate, the Memon Group of Companies, Memon Investments has grown to become a leading property player in the region offering a diversified portfolio of premium property projects. Guided by a tradition of excellence, the developer’s intense focus lies within its core competencies, specifically acquisition, design and development, consultancy, leasing and management of properties. Leveraging the Memon Group’s extensive real estate development experience, Memon Investments’ UAE portfolio comprises of prestigious residential projects including ‘Champions Towers I, II, III, and IV’ and ‘Frankfurt Sports Tower I’ in Dubai Sports City; ‘Gardenia I & II’ in Jumeirah Village, and its inaugural commercial venture - ‘Cambridge Business Centre’ in Dubai Silicon Oasis, all of which embody the developer’s trademark top-notch quality and uniqueness.

Having delivered over 30,000 units across the globe with a presence in 90 countries spread across Asia, Africa, Middle East and Europe, the Memon Group of Companies is presently commemorating its 30th year of delivering unique offerings and services to its global customers. In addition to its extensive expertise in the real estate market, the Group has also built a strong reputation for its unwavering support for various causes such as poverty alleviation, environmental conservation and academic development. As a socially-aware international corporation, the Group has devoted 19 years in support of the Rabia Charitable Foundation and the Rabia Relief Fund.

Memon Investments continues construction of current projects amidst reports showing 38 per cent of all UAE projects are currently inactive

Memon Investments continues construction of current projects amidst reports showing 38 per cent of all UAE projects are currently inactive

Leading developer stands firm on commitment to complete AED 1.34 billion worth of projects

September 26, 2010

Memon Investments, a leading Dubai based property developer and part of the multi-billion dollar international business conglomerate, the Shaikhani Group, has reported that construction activity on all of their current line of projects are still ongoing despite the global downturn which has affected the regional real estate sector. The announcement follows the recent release of a Proleads report that states that 38 per cent of the UAE’s construction and development projects are currently inactive. The country’s residential sector, which comprises of 682 projects valued at USD 306 billion, represents 62 per cent of construction projects in the UAE. Memon’s current portfolio, which is currently valued at AED 1.34 billion, consists of high profile residential development projects like the ‘Frankfurt Sports Tower’ and the ‘Champions Tower’ series.

According to a recent report released by UAE-based research firm Proleads Global, a total of 1,296 projects valued at more than USD 418 billion are currently being built in the UAE, with an additional 303 projects worth USD 143 billion already in the design, planning and or bidding stage. However, the report also stated that 38 percent of these projects have ceased construction and have become inactive as a result of the global financial crisis. As one of the very few developers to maintain continued construction activity, Memon Investments remains steadfast in its commitment to complete and deliver all of its projects through the support of satisfied customers. The developer is also confident that its current portfolio of projects will provide buyers a wide range of investment options that offer excellent return potential.

“Many promising construction projects in the UAE have ceased development and construction activity as a result of the global financial crisis, “ said Ahmed Shaikhani, Managing Director, Memon Investments. “Memon Investments is glad to report that it is continuously moving forward with all of its projects. Despite the recession, we have managed to stay afloat by adopting strategic initiatives and practices. Rest assured, we stand firm on our promise to complete and deliver our projects in accordance with the expectations of our discerning clientele.”

Memon Investments recently announced that it has already crossed the halfway mark for ‘Champions Tower II’ (CT II) and ‘Champions Tower III’ (CT III), two of its prime residential projects located in Dubai Sports City. Construction has reached the 9th floor in CT II, with the developer preparing for the next slab and block work has also been done till 6th floor; while the 10th floor in CT III has already been cast. Leading MEP contractor Anwar Al Aqsa has been awarded the contract to manage the electrical, plumbing, fire alarm and fire fighting installations, while ETA MELCO has been commissioned to install six high-speed, state-of-the-art Mitsubishi elevator units for both towers. As construction progresses rapidly, the developer is currently looking to award contracts related to the finishing and facility management to credible partners in the UAE.

“We are very pleased to share that both of our Champions Tower projects have already crossed the halfway mark and we expect to complete both projects fairly soon. Awarding various contracts to some of the UAE’s leading contractors and MEP companies has largely contributed to the fast-paced construction of both towers. Similarly, implementing a sound project management plan has played an important role in our efforts to maintain continued construction activity. Our strong commitment towards customer satisfaction continues to provide us with the confidence and inspiration to finish all of our projects scheduled deadlines”, concluded Shaikhani.

About Memon Investments LLC
Founded as the property development arm of the international business conglomerate, the Memon Group of Companies, Memon Investments has grown to become a leading property player in the region offering a diversified portfolio of premium property projects. Guided by a tradition of excellence, the developer’s intense focus lies within its core competencies, specifically acquisition, design and development, consultancy, leasing and management of properties. Leveraging the Memon Group’s extensive real estate development experience, Memon Investments’ UAE portfolio comprises of prestigious residential projects including ‘Champions Towers I, II, III, and IV’ and ‘Frankfurt Sports Tower I’ in Dubai Sports City; ‘Gardenia I & II’ in Jumeirah Village, and its inaugural commercial venture - ‘Cambridge Business Centre’ in Dubai Silicon Oasis, all of which embody the developer’s trademark top-notch quality and uniqueness.

Having delivered over 30,000 units across the globe with a presence in 90 countries spread across Asia, Africa, Middle East and Europe, the Memon Group of Companies is presently commemorating its 30th year of delivering unique offerings and services to its global customers. In addition to its extensive expertise in the real estate market, the Group has also built a strong reputation for its unwavering support for various causes such as poverty alleviation, environmental conservation and academic development. As a socially-aware international corporation, the Group has devoted 19 years in support of the Rabia Charitable Foundation and the Rabia Relief Fund.

Memon Investments passes halfway mark on ‘Champions Tower II’ and ‘Champions Tower III’

Memon Investments passes halfway mark on ‘Champions Tower II’ and ‘Champions Tower III’

Developer pushes on with construction despite global economic downturn

May 16, 2010

Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, Shaikhani Group, announced that it has passed the halfway mark on the construction of two of its prime residential developments in ‘Dubai Sports City’ - ‘Champions Tower II’ (CT II) and ‘Champions Tower III’ (CT III). Construction has reached the 9th floor in CT II, with the developer preparing for the next slab and block work on the 4th floor; while the 10th floor in CT III has already been cast. Amidst the progress, Memon Investments aims to underline its commitment to push on with construction despite the challenges of the global economic downturn.

The awarding of various contracts to some of the UAE’s top contractors has contributed to the fast-paced construction of both towers, with Stromek Emirates Foundation having completed the initial excavation and foundation work and Al Sarh Contracting placed in charge of construction. Leading MEP contractor Anwar Al Aqsa is managing the electrical, fire alarm, plumbing and fire fighting instalments, while ETA MELCO has been commissioned to install six high-speed, state-of-the-art Mitsubishi elevator units for ‘CT II’ and ‘CT III’. As construction progresses rapidly, the developer is currently looking to award contracts related to the finishing and facility management to credible partners in the UAE.

“Our unwavering commitment to deliver these two unique towers and to do so with a guarantee of excellent quality is paying off with the exceptional speed and standards by which ‘Champions Tower II’ and ‘Champions Tower III’ are being constructed,” said Ahmed Shaikhani, Managing Director, Memon Investments. “We are very excited to approach the construction of the last levels of these projects, and eventually the handover of units to our investors, which is a major milestone in our operations as a developer of high value projects.”

With a total built-up area of 231,454 square feet, ‘Champions Tower II’ is a 14-storey tower, which will include 172 apartments comprising 72 studios, 72 one-bedroom and 28 two-bedroom apartments, each with its own view of Dubai Sports City’s lush greenery. The tower will provide easy access to an 18-hole golf course, a cricket stadium and various sport-oriented academies, rugby and football pitches and a track and field stadium. The tower will also offer modern facilities including a communal swimming pool, spa and sauna, Jacuzzi, a fully equipped gymnasium and an indoor games room.

‘Champions Tower III’ is a B+G+15+HC tower with a total built-up area of 283,672 square feet, and will offer a total of 254 units comprising of studios, one-bedroom and two-bedroom apartments. Its features include a spacious fine marble lobby, three high-speed elevators, basement parking, ground floor covered parking, concierge and valet parking services, 24-hour manned security and an in-house maintenance team. World-class stadiums and academies, educational, religious and healthcare facilities, as well as high-class restaurants and cafés and a sports-themed shopping mall in the gated community are all within walking distance from the luxurious residential property.

“These projects are in line with our vision and strategy to provide the ultimate luxury lifestyle to discerning investors. With the inclusion of the most sophisticated amenities and conveniences in these towers, we are confident that all our clients’ expectations will be met, if not surpassed,” concluded Shaikhani.


About Memon Investments LLC
Founded as the property development arm of the international business conglomerate, the Memon Group of Companies, Memon Investments has grown to become a leading property player in the region offering a diversified portfolio of premium property projects. Guided by a tradition of excellence, the developer’s intense focus lies within its core competencies, specifically acquisition, design and development, consultancy, leasing and management of properties. Leveraging the Memon Group’s extensive real estate development experience, Memon Investments’ UAE portfolio comprises of prestigious residential projects including ‘Champions Towers I, II, III, and IV’ and ‘Frankfurt Sports Tower I’ in Dubai Sports City; ‘Gardenia I & II’ in Jumeirah Village, and its inaugural commercial venture - ‘Cambridge Business Centre’ in Dubai Silicon Oasis, all of which embody the developer’s trademark top-notch quality and uniqueness.

Having delivered over 30,000 units across the globe with a presence in 90 countries spread across Asia, Africa, Middle East and Europe, the Memon Group of Companies is presently commemorating its 30th year of delivering unique offerings and services to its global customers. In addition to its extensive expertise in the real estate market, the Group has also built a strong reputation for its unwavering support for various causes such as poverty alleviation, environmental conservation and academic development. As a socially-aware international corporation, the Group has devoted 19 years in support of the Rabia Charitable Foundation and the Rabia Relief Fund.

Memon Investments’ AED 255 million ‘Champions Towers II’ and ‘Champions Towers III’ witness continuous construction progress

Memon Investments’ AED 255 million ‘Champions Towers II’ and ‘Champions Towers III’ witness continuous construction progress

Leading property developer confident to deliver projects on time

December 8, 2009

Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, Memon Group of Companies, has reported that construction on its ‘Champions Towers II’ (CT II) and ‘Champions Towers III’ (CT III) projects is witnessing continuous progress. The leading property developer reported that it has already completed 6 out of 14 floors and 5 out of 16 floors for CT II and CT III respectively. The timely pace of the project’s construction and development complements Memon Investment’s assurance of delivering the projects on time.

Memon has also detailed the awarding of various important contracts to some of the UAE’s top contractors and MEP companies. Anwar Al Aqsa, a leading MEP contractor, will manage the electrical, fire alarm, plumbing and fire fighting installments for the two towers. The installation of elevators for CT II and III has been awarded to ETA MELCO, who will be installing six high-speed, state-of-the-art Mitsubishi units, whilst shoring, initial excavation and foundation work has been undertaken by Stromek Emirates Foundation. Further, Al Sarh Contracting has been placed in charge of construction for both CT II and CT III. In addition, HI TECH Electro Mechanical Contracting Est. has also been awarded the contract to install YORK air conditioning units for the CT II project.

Rizwan Shaikhani, Joint Managing Director, Memon Investments, said, “Various construction projects in the UAE have reported delays and difficulties as a result of being affected by the current economic downturn. However, Memon Investments remains committed to its promise of on-time project delivery. Our efforts to partner with some of the country’s leading contractors, suppliers and MEP companies have allowed us to keep our projects running at an impressive pace, giving us the confidence to assure our clients that both CT II and CT III will be delivered on time.”

Champions Tower II is a 14-storey tower with a total built-up area of 231,454 square feet, which will include 172 apartments comprising 72 studios, 72 one-bedroom and 28 two-bedroom apartments, each with its own magnificent view of the lush greenery exuding a relaxing ambience. The tower provides easy access to an 18-hole golf course, a cricket stadium and various sport-oriented academies, rugby and football pitches and a track and field stadium. As the culmination of the sophisticated combination of luxury and high technology living set amidst a sports-oriented environment, the tower also offers a handful of modern facilities including a communal swimming pool, spa and sauna, Jacuzzi, a fully equipped gymnasium and an indoor games room.

Champions Tower III is a B+G+15+HC tower with a total built-up area of 283,672 square feet, and offers a total of 254 elegant units comprising of studios, one-bedroom and two-bedroom apartments. CT III features include a spacious fine marble lobby, three high-speed elevators, basement parking, ground floor covered parking, concierge and valet parking services, 24-hour manned security and an in-house maintenance team. World-class stadiums and academies, educational, religious and healthcare facilities, as well as posh restaurants and cafés and a sports-themed shopping mall in the gated community are all at walking distance from the luxurious residential property.

“CT II and CT III reflect Memon Investment’s vision to provide property development projects that suit the lifestyle of our target market while consequently allowing us to deliver investment opportunities that yield in high significant returns. Moreover, Memon Investments continues to remain steadfast in its role as prime developer of iconic development projects, clearly redefining the UAE’s real estate sector and helping in its drive for economic progress,” concluded Shaikhani.

Memon Investments awards AED 84.5 million contract for ‘Champions Tower IV’

Memon Investments awards AED 84.5 million contract for ‘Champions Tower IV’

Al Jassmy Contracting Co. to complete AED 450 million project within 22 months

July 6, 2009

Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, the Memon Group of Companies, has awarded an AED 84.5 million contract to Al Jassmy Contracting Co. LLC for the construction of the ‘Champions Tower IV’, a 20-storey residential tower worth AED 450 million in Dubai Sports City. The announcement follows the commencement of the tower’s Raft works, with the main contractor committing to complete the project within a period of 22 months.

The agreement was signed by Rizwan Shaikhani, Joint Managing Director, Memon Investments; and Momen Yousuf Al Jassmy, Deputy Managing Director, Al Jassmy Contracting Co. LLC. Prior to the awarding of the main contract, the developer has awarded an AED 1.8 million contract to Stromek Emirates Foundation to undertake the shoring and excavation, while ETA MELCO has been chosen to install high-speed elevator within the tower.

“Our primary aim is to maintain a consistently high level of quality and to make this the standard for all our subsequent projects,” said Rizwan Shaikhani. “In line with this goal, we have made it part of our strategy to partner with credible and trustworthy industry leaders to lend us their expertise and help us achieve the targets we have set for our projects. For ‘Champions Tower IV’ we have assembled a formidable team of engineers and project managers who will be working hand in hand to provide our customers the quality and convenience we have committed to them.”

Established in 1968, Al Jassmy Contracting Co. LLC has undertaken multi-million projects in the region, some of which are for various government sectors. It has established a strong repute with the construction industry, having worked on several high profile commercial and residential projects as well as majestic mosques. Projects are professionally managed by its qualified engineers, foremen and supervisors, who have earned an average of 40 years of expertise in the field. The company also boasts of a pool of manpower with the appropriate skill set and strong commitment and dedication towards excellence.

“Achieving highest quality standard throughout our clients’ satisfaction is our mission, and our partnership with Memon Investments has opened up an enormous opportunity for us to impart our industry expertise and become a part of a prestigious and much-anticipated project. We are confident that through our highly systematic processes and our close collaboration with Memon Investments we will be able to hit the deadline set for this project while satisfying all the quality benchmarks that are expected from projects of this calibre,” concluded Momen Yousuf Al Jassmy.

Designed by Eng. Adnan Saffarini Office, ‘Champions Tower IV’ will house 266 units comprising of 114 studios, 133 one-bedroom and 19 two-bedroom apartments. The freehold residential tower will incorporate golf course, garden and canal views, a state-of-the-art surveillance and intercom system, basement parking, covered parking on the ground floor, 24-hour manned security and in-house maintenance, mood lighting, four high-speed elevators and valet parking services. In addition, the tower will also offer luxurious amenities including a majestic marble lobby, a rooftop health club, communal swimming pool, party hall, outdoor terrace, rooftop juice bar, spa, steam, sauna, Jacuzzi, separate fitness gyms for men and women, concierge desk and a health club lounge.

Dubai Sports City, DSC construction update, 19/June/2009

Dubai Sports City, DSC construction update, 19/June/2009

Dubai Sports City, DSC photos, 19/June/2009

Dubai Sports City, DSC photos, 19/June/2009

Dubai Sports City,Arabian Travel Market 2009,ATM 2009, Dubai photos, 05/May/2009

Dubai Sports City,Arabian Travel Market 2009,ATM 2009, Dubai photos, 05/May/2009