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Tuesday, August 12, 2008

Marina Bay, Reem Island, Abu Dhabi

The "Go Green" revolution is very strong in the UAE right now. Many new Mega Projects are built to be eco-friendly. Marina Bay, being developed by DAMAC Properties and located in the Najmat Abu Dhabi district of Reem Island, is an environmentally friendly and "healthy" 25 storey mixed-use waterfront tower with a combination of retail, office, and residential areas. In my opinion, Reem Island is currently the best location for investment in Abu Dhabi. Enormous amounts of investment capital are being poured into Reem Island and once complete, Reem Island will be the Icon Mega Project of Abu Dhabi!

The ground and mezzanine levels of Marina Bay will be all retail space. Therefore, according to DAMAC: 'If you’re looking for a store that suits your taste or for a gift that’s a class apart, then this is the ideal place. With top-notch and distinct trend setting lifestyles that will captivate you to a wide range of restaurants and caf├ęs from across the globe.'

The offices will be located on the podium level and will be equipped with all the latest features including swipe access, hi-speed internet access, business center, business lounge and 24 hour security cameras. All the higher floors are residential. The residences of Marina Bay include single, double and triple bedroom apartments, duplexes, and penthouses. All residences include smart home technology, camera supervised covered parking facility on three podiums of the tower, and a 24 hour resident's service and concierge service.

Hussain Sajwani, Chairman, DAMAC Holding, had this to say:

"The construction activity in Abu Dhabi is growing rapidly and the landscape is set to witness a significant change in the coming years. Coupled with the current construction boom and expected increase in population to more than double within a decade makes Abu Dhabi an ideal investment opportunity and a great place to live. The launch of Marina Bay in Abu Dhabi further strengthens our presence in the region and especially in Abu Dhabi."

...and Peter Riddoch, CEO of DAMAC Properties, commented:

"Marina Bay is a distinguished lifestyle investment and is located on one of the most admirable master planned developments. The development is designed to enhance the wealth and well-being of people while maximizing water efficiency and using intelligent integrated building management systems."

Additional features of Marina Bay include:

> Grand Reception Area and Guest Lounge,
> Lift Lobby with multiple Smart Elevators,
> Exquisite waterfront views,
> Monitored ventilation and controlled indoor air quality systems,
> Latest water and energy saving technologies,
> Natural lighting and lighting control systems,
> Landscaping designed to blend in with the project,
> Latest telecommunication systems,
> Health Club,
> Spa with steam, sauna and massage,
> Infinity Pool overlooking the waterfront,
> Yoga and Meditation Room,
> Entertainment and Games Room with pool tables, table tennis, foosball, carrom and other indoor sports,
> Children's Playroom,
> Local activities including surfing, biking, golf, scuba diving, and fishing.

I think Marina Bay is a very intelligently designed and well rounded development with a perfect location on the great Reem Island! Marina Bay should be given strong consideration by those seeking a first class place to live in Abu Dhabi, and investors wanting to get involved in Reem Island.

Here is a Marina Bay video from YouTube:

http://www.youtube.com/watch?v=Snli_1nCheQ

This link takes you to the Marina Bay section of the DAMAC website:

http://www.damacproperties.com/new/main/html-v3/marinabay.asp

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