A friend of mine who lives in Dubai, but does business throughout the UAE, made 2 photos that he took available to me which appear to be advertising some new Island Mega Project for.....FUJAIRAH!!
I don't know anything more about this project right now but I wanted you to see the two photos here:
http://www.picturehosting.com/images/philbert/fuj.jpg
http://www.picturehosting.com/images/philbert/fuj2.jpg
WOW!! An Island Mega Project in Fujairah!! This will be fantastic for Fujairah! If any of you know more about this project you can post it in the comments section or contact me directly....and I will try to find out more as well.
Friday, May 30, 2008
Thursday, May 29, 2008
The Boulevard, Ajman
Ajman is booming right along! New fabulous Mega Projects being announced all the time...many great investment opportunities. As a matter of fact, the way Ajman is growing, I am going to start calling this Emirate "Dubai Jr." The Boulevard is a new mixed-use Ajman Mega Project being developed by aaproperty.ae, a member of Ajman Holding:
'Currently we are focusing on Ajman where we see significant opportunities both for buyers of residential and commercial units as well as real estate investors. Using our experience, financial strengths and partnerships with leading designers & consultants, we plan to move beyond the boundaries of Ajman into the neighboring Emirates and countries where we fulfill our mission and where we provide value to our shareholders,' according to aaproperty.ae.
The Boulevard, a fully freehold development, is made up of 14 state-of-the-art residential and commercial towers, a mall containing all the very best retail brands from around the world, a 5-Star Hotel, restaurants & cafes, boutiques, grocery stores, conference facilities and a huge 5000 sq ft children's playing area. The Boulevard is BOTH a family oriented development with a large choice of functional and elegant living spaces, AND a modern retail and office development. Therefore this project has a very broad appeal to a wide variety of investors.
"This is a first rate opportunity for the discerning investor or home buyer looking to establish themselves in an up and coming Emirate. Above and beyond the huge attraction of this development being highly affordable, The Boulevard, Ajman is another premium development with distinguishing features that we are privileged to market and sell in line with our objective of partnering with visionary developers," commented Peter Penhall, CEO of Gowealthy.com, one of the marketers of The Boulevard.
Here are some of the amenities of The Boulevard:
- Roof top swimming pools and health clubs,
- Nursery, nanny and day-care facilities,
- Walk to the shopping mall,
- Walk to the hotel and fine dining facilities,
- Fitness Centre,
- Built-in closets for smaller and larger apartments,
- 24-hour security staff to provide peace of mind,
- High speed internet and cable tv.
...and here are some more features you should be aware of:
- Dynamic business environment,
- Contemporary & productive work environment,
- High-tech office spaces,
- Modern living spaces,
- Both the mall and hotel will be managed by world class management groups,
- The entire project is freehold and provides residence visas,
- Functional spaces with practical amenities and futuristic designs,
- Strategically located on Emirates Road Highway; a mere 25 minutes drive from Dubai International Airport, and 10 minutes drive from Sharjah Airport,
- Over 2000 basement and podium parking spaces,
- The first phase of The Boulevard towers is slated for completion in the 2nd quarter of 2009.
According to the CEO of Ajman Holding, Dr Yahya Haddad:
"We have a very clear vision for The Boulevard, Ajman in line with our ambition for the Emirate in Ajman not only in offering the ideal freehold development opportunity but also in its enviable location- on Emirates Road and close to the untouched, pristine beaches."
The Boulevard is a top of the line master-planned Mega Project that I think will have a great deal of appeal to investors. This is because it is a very well rounded development with broad appeal to families wanting a beautiful place to live at an affordable price, and businesses wanting to locate in one of the fastest growing regions in the world!
This link takes you to the aaproperty.ae website:
http://www.aaproperty.ae/
'Currently we are focusing on Ajman where we see significant opportunities both for buyers of residential and commercial units as well as real estate investors. Using our experience, financial strengths and partnerships with leading designers & consultants, we plan to move beyond the boundaries of Ajman into the neighboring Emirates and countries where we fulfill our mission and where we provide value to our shareholders,' according to aaproperty.ae.
The Boulevard, a fully freehold development, is made up of 14 state-of-the-art residential and commercial towers, a mall containing all the very best retail brands from around the world, a 5-Star Hotel, restaurants & cafes, boutiques, grocery stores, conference facilities and a huge 5000 sq ft children's playing area. The Boulevard is BOTH a family oriented development with a large choice of functional and elegant living spaces, AND a modern retail and office development. Therefore this project has a very broad appeal to a wide variety of investors.
"This is a first rate opportunity for the discerning investor or home buyer looking to establish themselves in an up and coming Emirate. Above and beyond the huge attraction of this development being highly affordable, The Boulevard, Ajman is another premium development with distinguishing features that we are privileged to market and sell in line with our objective of partnering with visionary developers," commented Peter Penhall, CEO of Gowealthy.com, one of the marketers of The Boulevard.
Here are some of the amenities of The Boulevard:
- Roof top swimming pools and health clubs,
- Nursery, nanny and day-care facilities,
- Walk to the shopping mall,
- Walk to the hotel and fine dining facilities,
- Fitness Centre,
- Built-in closets for smaller and larger apartments,
- 24-hour security staff to provide peace of mind,
- High speed internet and cable tv.
...and here are some more features you should be aware of:
- Dynamic business environment,
- Contemporary & productive work environment,
- High-tech office spaces,
- Modern living spaces,
- Both the mall and hotel will be managed by world class management groups,
- The entire project is freehold and provides residence visas,
- Functional spaces with practical amenities and futuristic designs,
- Strategically located on Emirates Road Highway; a mere 25 minutes drive from Dubai International Airport, and 10 minutes drive from Sharjah Airport,
- Over 2000 basement and podium parking spaces,
- The first phase of The Boulevard towers is slated for completion in the 2nd quarter of 2009.
According to the CEO of Ajman Holding, Dr Yahya Haddad:
"We have a very clear vision for The Boulevard, Ajman in line with our ambition for the Emirate in Ajman not only in offering the ideal freehold development opportunity but also in its enviable location- on Emirates Road and close to the untouched, pristine beaches."
The Boulevard is a top of the line master-planned Mega Project that I think will have a great deal of appeal to investors. This is because it is a very well rounded development with broad appeal to families wanting a beautiful place to live at an affordable price, and businesses wanting to locate in one of the fastest growing regions in the world!
This link takes you to the aaproperty.ae website:
http://www.aaproperty.ae/
Wednesday, May 28, 2008
Donald Trump And Family Come To Abu Dhabi!!
Donald Trump, his daughter Ivanka and his two sons Don Jr. and Eric visited Abu Dhabi to talk over potential projects with Hydra Properties!! This is great news for the UAE! Donald Trump is one of the most well known brands in the entire world. "The Donald" represents the highest and best in luxury real estate developments... already he and Nakheel are developing the Trump Dubai at Palm Jumeirah.
Here is a quote from Ivanka Trump:
"It is quite a thrill to be here in Abu Dhabi and see all the developments in full swing. We are witnessing outstanding progress that is taking on a full speed like no other in the world, and entering the active real estate scenario in this Emirate is definitely something that we are looking into. We recognize the efforts being taken by Hydra Properties in building unique and high quality projects, and a partnership with an influential developer such as them is an attractive option for us."
The Trump family met with Dr. Sulaiman Al Fahim - CEO of Hydra - who outlined the tremendous real estate opportunities in Abu Dhabi. How could the Trumps not be interested? Abu Dhabi is one of the wealthiest locations in the world and exploding with limitless growth. This is exactly what a Mega Developer like Trump looks for.
As some of you may know, Dr. Al Fahim will be hosting a tv show in Abu Dhabi called 'The Hydra Executives' which is basically the UAE version of Donald Trump's wildly popular show 'The Apprentice.' It was announced that both Ivanka Trump and Don Jr. will be making an appearance on 'The Hydra Executives.' The Executive producer of 'The Hydra Executives,' Ziad Batal, had this to say:
"As a major player in the real estate market in Abu Dhabi, it is also part of our business strategy to venture into partnerships with leading global developers. Donald Jr., Ivanka and Erik Trump's visit to the Emirate is a positive indication of the Trump Organisation's interest in entering the Abu Dhabi real estate market. We also expect the appearance of Donald and Ivanka in 'Hydra Executives' to be an inspiration for the contenders to motivate them in their pursuit for success at the show."
All of this is extremely positive for the UAE. The whole world follows Donald Trump and where he goes people go...lots of people. Trump's expansion in The Gulf will be great for attracting more and more investors as well as a huge amount of high net worth tourists. And I would bet that we will be seeing Trump expand to Ajman, Qatar and Bahrain as well!
Here is a quote from Ivanka Trump:
"It is quite a thrill to be here in Abu Dhabi and see all the developments in full swing. We are witnessing outstanding progress that is taking on a full speed like no other in the world, and entering the active real estate scenario in this Emirate is definitely something that we are looking into. We recognize the efforts being taken by Hydra Properties in building unique and high quality projects, and a partnership with an influential developer such as them is an attractive option for us."
The Trump family met with Dr. Sulaiman Al Fahim - CEO of Hydra - who outlined the tremendous real estate opportunities in Abu Dhabi. How could the Trumps not be interested? Abu Dhabi is one of the wealthiest locations in the world and exploding with limitless growth. This is exactly what a Mega Developer like Trump looks for.
As some of you may know, Dr. Al Fahim will be hosting a tv show in Abu Dhabi called 'The Hydra Executives' which is basically the UAE version of Donald Trump's wildly popular show 'The Apprentice.' It was announced that both Ivanka Trump and Don Jr. will be making an appearance on 'The Hydra Executives.' The Executive producer of 'The Hydra Executives,' Ziad Batal, had this to say:
"As a major player in the real estate market in Abu Dhabi, it is also part of our business strategy to venture into partnerships with leading global developers. Donald Jr., Ivanka and Erik Trump's visit to the Emirate is a positive indication of the Trump Organisation's interest in entering the Abu Dhabi real estate market. We also expect the appearance of Donald and Ivanka in 'Hydra Executives' to be an inspiration for the contenders to motivate them in their pursuit for success at the show."
All of this is extremely positive for the UAE. The whole world follows Donald Trump and where he goes people go...lots of people. Trump's expansion in The Gulf will be great for attracting more and more investors as well as a huge amount of high net worth tourists. And I would bet that we will be seeing Trump expand to Ajman, Qatar and Bahrain as well!
Tuesday, May 27, 2008
35 Reasons To Invest In Dubai
Currently I am living in the United States until I get the best offer to come to the UAE and I am amazed at how little Americans know about the massive real estate expansion going on in Dubai, the rest of the UAE, and all over The Gulf. There is very little in the media about the Gulf Expansion except for 'Business Arabia' on for 1/2 hour once a week and 'Gateway To The Middle East' on for 1/2 hour once a month. Other than that, except for the occasional report on one of the business channels, there is almost nothing!
I have created this list - '35 Reasons To Invest In Dubai' - for two main reasons: 1.) as a tool to stimulate interest in Dubai in regions where little interest exists, and 2.) as an excellent tool in areas where great interest already exists, such as The Gulf itself. In both cases the list can be given to perspective investors to give them a quick point-by-point rundown of the many benefits of investing in Dubai. I think this list is the most complete available anywhere and I hope you find it useful.
35 REASONS TO INVEST IN DUBAI
1. Dubai has become a leading regional, commercial, financial and tourist hub with a state-of-the-art infrastructure and a world class business environment.
2. Dubai has successfully positioned itself as a diversified international business center attracting 100's of new international companies every year who come to take advantage of the TAX-FREE Free Trade Zones for businesses.
3. Dubai has the most PRO-BUSINESS ATTITUDE of any region on the planet and believes that "if it’s good for business, it’s good for Dubai." Dubai is often referred to as "Dubai Inc."
4. Due to the incredible expansion of the region as a financial and tourism powerhouse, prime locations in Dubai should always be in demand and are likely to provide excellent investment opportunities both short and long term.
5. Dubai is ideally positioned as a business gateway between Europe and Asia.
6. Future Demand: Population is destined to increase from 1m to 3m while tourism will also greatly expand from 6m to 15m, by 2010.
7. Future Supply: All master-planning is Government controlled to carefully manage the demand-supply ratio thus maintaining strong growth & returns.
8. No Income Tax.
9. No Corporate Tax (the only exception to this is oil producing companies and branches of foreign banks).
10. No Capital Gains Tax.
11. No Rental Income Tax.
12. 100% ownership in Free Zones.
13. Strong investor incentives and protections.
14. No restrictions on capital repatriation.
15. No foreign exchange controls, trade barriers or quotas.
16. Buying Process: Simple. No company formation or national registration is required.
17. Legal & Notary Fees: None required, although legal advice is recommended.
18. Payment Structure: Following an initial reservation deposit, a deferred payment structure is usually provided by the developer with payments spread over the construction period.
19. Capital Appreciation: Recent years have provided huge returns...100% Tax Free.
20. Rental Returns: Recent years have provided huge returns...100% Tax Free.
21. Most property available for purchase by non-nationals.
22. There are 15 huge Free Zones where developers can build freehold properties.
23. A buyer has the option to transfer a property purchase (i.e. flip it) during payment terms - at low fees - usually between 1% and 7%.
24. RERA. Real Estate Regulatory Agency oversees entire real estate market in Dubai to satisfy and guarantee all investors rights and expectations.
25. Residency: Resident visas are supplied with non-UAE purchase on property.
26. Over 200 nationalities and cultures are represented in Dubai.
27. Progressive, tolerant and multicultural society.
28. Continuous political stability since its inception in 1971.
29. SAFETY. Voted the safest city in the world by Interpol.
30. Worldwide Recognition and Press Attention due to iconic developments such as Palm Jumeirah, The World, Burj Dubai, Burj Al Arab, Dubailand, etc.
31. Internationally renowned sports facilities including golf, tennis, water sports, horse racing, indoor skiing, dune driving and sand skiing. Dubai plays host to the Dubai Tennis Open, Dubai PGA Desert Classic, Dubai Rugby Sevens, Dubai Grand Prix of Nations, Dubai World Cup, etc.
32. Ultra modern airport facilities.
33. Unparalleled luxury for visiting tourists - Dubai has more leading hotels of the world than any other country.
34. World-class international schools.
35. Superb climate, with more than 350 days of sun annually.
I have created this list - '35 Reasons To Invest In Dubai' - for two main reasons: 1.) as a tool to stimulate interest in Dubai in regions where little interest exists, and 2.) as an excellent tool in areas where great interest already exists, such as The Gulf itself. In both cases the list can be given to perspective investors to give them a quick point-by-point rundown of the many benefits of investing in Dubai. I think this list is the most complete available anywhere and I hope you find it useful.
35 REASONS TO INVEST IN DUBAI
1. Dubai has become a leading regional, commercial, financial and tourist hub with a state-of-the-art infrastructure and a world class business environment.
2. Dubai has successfully positioned itself as a diversified international business center attracting 100's of new international companies every year who come to take advantage of the TAX-FREE Free Trade Zones for businesses.
3. Dubai has the most PRO-BUSINESS ATTITUDE of any region on the planet and believes that "if it’s good for business, it’s good for Dubai." Dubai is often referred to as "Dubai Inc."
4. Due to the incredible expansion of the region as a financial and tourism powerhouse, prime locations in Dubai should always be in demand and are likely to provide excellent investment opportunities both short and long term.
5. Dubai is ideally positioned as a business gateway between Europe and Asia.
6. Future Demand: Population is destined to increase from 1m to 3m while tourism will also greatly expand from 6m to 15m, by 2010.
7. Future Supply: All master-planning is Government controlled to carefully manage the demand-supply ratio thus maintaining strong growth & returns.
8. No Income Tax.
9. No Corporate Tax (the only exception to this is oil producing companies and branches of foreign banks).
10. No Capital Gains Tax.
11. No Rental Income Tax.
12. 100% ownership in Free Zones.
13. Strong investor incentives and protections.
14. No restrictions on capital repatriation.
15. No foreign exchange controls, trade barriers or quotas.
16. Buying Process: Simple. No company formation or national registration is required.
17. Legal & Notary Fees: None required, although legal advice is recommended.
18. Payment Structure: Following an initial reservation deposit, a deferred payment structure is usually provided by the developer with payments spread over the construction period.
19. Capital Appreciation: Recent years have provided huge returns...100% Tax Free.
20. Rental Returns: Recent years have provided huge returns...100% Tax Free.
21. Most property available for purchase by non-nationals.
22. There are 15 huge Free Zones where developers can build freehold properties.
23. A buyer has the option to transfer a property purchase (i.e. flip it) during payment terms - at low fees - usually between 1% and 7%.
24. RERA. Real Estate Regulatory Agency oversees entire real estate market in Dubai to satisfy and guarantee all investors rights and expectations.
25. Residency: Resident visas are supplied with non-UAE purchase on property.
26. Over 200 nationalities and cultures are represented in Dubai.
27. Progressive, tolerant and multicultural society.
28. Continuous political stability since its inception in 1971.
29. SAFETY. Voted the safest city in the world by Interpol.
30. Worldwide Recognition and Press Attention due to iconic developments such as Palm Jumeirah, The World, Burj Dubai, Burj Al Arab, Dubailand, etc.
31. Internationally renowned sports facilities including golf, tennis, water sports, horse racing, indoor skiing, dune driving and sand skiing. Dubai plays host to the Dubai Tennis Open, Dubai PGA Desert Classic, Dubai Rugby Sevens, Dubai Grand Prix of Nations, Dubai World Cup, etc.
32. Ultra modern airport facilities.
33. Unparalleled luxury for visiting tourists - Dubai has more leading hotels of the world than any other country.
34. World-class international schools.
35. Superb climate, with more than 350 days of sun annually.
Sunday, May 25, 2008
The Mega Developers: DAMAC Properties
By far one of the most successful developers in The Gulf is DAMAC Properties of Dubai. DAMAC was founded in 2002 by its parent company, DAMAC Holding. DAMAC is the largest private Master Developer in the Middle East and the company is run by Hussein Ali Habib Sajwani, Chairman and Peter Riddoch, CEO. DAMAC is a true international company with offices around the world including: UAE, Qatar, Saudi Arabia, Lebanon, Egypt, Jordan, United Kingdom, Russia, Ireland and Italy. In DAMAC's own words:
'The company’s portfolio includes properties spread across 450 million square feet and is worth in excess of US$30 Billion. By partnering with world renowned architects and designers, DAMAC Properties aims to develop schemes that include residential, commercial and leisure facilities that will create an integrated community. Driven by a passion for excellence, DAMAC Properties manage all their projects from start to finish. The company's diverse range of expertise allows them to control land purchase activity, appointment of architects and designers, construction and sales and after sales service.'
What really impresses me about DAMAC is the huge number of Mega Projects they are developing. Currently DAMAC has over 80 projects in development with more on the way. DAMAC divides their projects into five categories: residential, office, retail, leisure and signature series. What follows is a complete list of the DAMAC projects. **The projects are listed according to category and some projects fit into MORE THAN ONE category (i.e. some have BOTH residential AND retail areas, some offer residential AND office space, etc.) therefore you will sometimes see the same project listed under more than one category.
DAMAC RESIDENTIAL:
- Central Square
- Тuscan Residence
- Palm Terrace
- Green Park
- The Heights
- Palm Springs
- The Terrace
- Harbour Heights
- Lake Terrace
- Garden Heights
- Centre Ville
- Lakeview
- Fairway Heights
- Suburbia
- Оceanscape
- Marina Bay
- Tuscan 2
- Lagovista
- Lagovista 2
- Amber Residence
- Flamingo Heights
- Central Avenue
- Lakeside
- Ocean Heights
- Madison Residences
- The Courtyard
- The Crescent
- Westside at Lincoln Park
- Marina Terrace
- The Waves
- Damac Heights
- Теrrа Del Sol 1 and 2
- Park Towers
- Burjside Boulevard
- Lofts at the Heights
- Emirates Gardens
- Al Jawharah
- La Residence
- Emirates Gardens 2
- Lincoln Park
- La Residence 2 at Lotus
- The Piazza
- La Residence at Lotus
- Hyde Park
DAMAC OFFICE:
- Capital Square
- Business Heights
- Fairway Heights
- Executive Heights
- Park Avenue
- XL Tower
- Haz Tower
- Smart Heights
- Water's Edge
- Business Tower
- Capital Bay
- Park Towers
- Lincoln Park
- Executive Bay
- The Corner
- Business Central
- Business Gate
- Park Central
DAMAC RETAIL:
- Green Park
- Central Square
- Fairway Heights
- Flamingo Heights
- Suburbia
- La Residence At Lotus
- Park Avenue at New Cairo
- Park Towers
- Amber Residence
- Lakeview
- Central Avenue
- Lake Terrace
- Haz Tower
- Park Avenue at Cairo Alex Desert Road
- Lincoln Park
- Marina Terrace
- The Courtyard
- XL Tower
- Emirates Gardens
- Business Tower
- The Piazza
- The Heights
- Lofts at the Heights
- Smart Heights
DAMAC LEISURE:
- Gamsha Bay
DAMAC SIGNATURE SERIES:
- Ocean Heights
- Lotus Heights
WOW! Considering DAMAC Properties was formed only 6 years ago this list of Mega Projects is beyond impressive...it is phenomenal! DAMAC certainly has embraced the "No Limits" attitude of Dubai and this great Mega Developer will make the UAE, all of the Middle East, and the entire world proud with its wide variety of spectacular Mega Projects!
Here are 2 YouTube DAMAC videos:
http://www.youtube.com/watch?v=mdZfBIKqwmU&feature=related
http://www.youtube.com/watch?v=o-a3HxchXwE
Contact:
DAMAC Properties
Al Moosa Tower ll
5th Floor
Sheikh Zayed Road
Dubai, UAE
Tel: +971 4-345-5522
Fax: +971 4-332-5335
Email: difc@damacgroup.com
Website: http://www.damacproperties.com/
'The company’s portfolio includes properties spread across 450 million square feet and is worth in excess of US$30 Billion. By partnering with world renowned architects and designers, DAMAC Properties aims to develop schemes that include residential, commercial and leisure facilities that will create an integrated community. Driven by a passion for excellence, DAMAC Properties manage all their projects from start to finish. The company's diverse range of expertise allows them to control land purchase activity, appointment of architects and designers, construction and sales and after sales service.'
What really impresses me about DAMAC is the huge number of Mega Projects they are developing. Currently DAMAC has over 80 projects in development with more on the way. DAMAC divides their projects into five categories: residential, office, retail, leisure and signature series. What follows is a complete list of the DAMAC projects. **The projects are listed according to category and some projects fit into MORE THAN ONE category (i.e. some have BOTH residential AND retail areas, some offer residential AND office space, etc.) therefore you will sometimes see the same project listed under more than one category.
DAMAC RESIDENTIAL:
- Central Square
- Тuscan Residence
- Palm Terrace
- Green Park
- The Heights
- Palm Springs
- The Terrace
- Harbour Heights
- Lake Terrace
- Garden Heights
- Centre Ville
- Lakeview
- Fairway Heights
- Suburbia
- Оceanscape
- Marina Bay
- Tuscan 2
- Lagovista
- Lagovista 2
- Amber Residence
- Flamingo Heights
- Central Avenue
- Lakeside
- Ocean Heights
- Madison Residences
- The Courtyard
- The Crescent
- Westside at Lincoln Park
- Marina Terrace
- The Waves
- Damac Heights
- Теrrа Del Sol 1 and 2
- Park Towers
- Burjside Boulevard
- Lofts at the Heights
- Emirates Gardens
- Al Jawharah
- La Residence
- Emirates Gardens 2
- Lincoln Park
- La Residence 2 at Lotus
- The Piazza
- La Residence at Lotus
- Hyde Park
DAMAC OFFICE:
- Capital Square
- Business Heights
- Fairway Heights
- Executive Heights
- Park Avenue
- XL Tower
- Haz Tower
- Smart Heights
- Water's Edge
- Business Tower
- Capital Bay
- Park Towers
- Lincoln Park
- Executive Bay
- The Corner
- Business Central
- Business Gate
- Park Central
DAMAC RETAIL:
- Green Park
- Central Square
- Fairway Heights
- Flamingo Heights
- Suburbia
- La Residence At Lotus
- Park Avenue at New Cairo
- Park Towers
- Amber Residence
- Lakeview
- Central Avenue
- Lake Terrace
- Haz Tower
- Park Avenue at Cairo Alex Desert Road
- Lincoln Park
- Marina Terrace
- The Courtyard
- XL Tower
- Emirates Gardens
- Business Tower
- The Piazza
- The Heights
- Lofts at the Heights
- Smart Heights
DAMAC LEISURE:
- Gamsha Bay
DAMAC SIGNATURE SERIES:
- Ocean Heights
- Lotus Heights
WOW! Considering DAMAC Properties was formed only 6 years ago this list of Mega Projects is beyond impressive...it is phenomenal! DAMAC certainly has embraced the "No Limits" attitude of Dubai and this great Mega Developer will make the UAE, all of the Middle East, and the entire world proud with its wide variety of spectacular Mega Projects!
Here are 2 YouTube DAMAC videos:
http://www.youtube.com/watch?v=mdZfBIKqwmU&feature=related
http://www.youtube.com/watch?v=o-a3HxchXwE
Contact:
DAMAC Properties
Al Moosa Tower ll
5th Floor
Sheikh Zayed Road
Dubai, UAE
Tel: +971 4-345-5522
Fax: +971 4-332-5335
Email: difc@damacgroup.com
Website: http://www.damacproperties.com/
Friday, May 23, 2008
Sukoon Tower: A Great Place To Live In Bahrain!
With the "UAE-like" growth the Kingdom of Bahrain is experiencing, some of the finest upscale residential Mega Projects are being built there. One of my favorites is Sukoon Tower, a stunning 45-floor, 592 apartment tower being developed by Tashyeed Properties of Bahrain. What I like most about Sukoon Tower is its uniqueness. Sukoon means "inner peace" and this magnificent tower has been designed to give residents a feeling of well being and harmony amidst the bustling fast paced Bahrain lifestyle.
One of the major themes used in developing Sukoon Tower is to bring the outdoors in. To this end Sukoon Tower will have vast areas of gardens and water features giving residents an overall feeling of being part of the great outdoors. The idea here is to create a feeling of unity and harmony with nature thus creating an overall feeling of well being. According to Dr. Kadhem Rajab, Chairman of Tashyeed:
"At Tashyeed Properties we want to enhance people's lives through the development of new homes and commercial buildings. With Sukoon Tower we plan to develop a landmark project close to the waters edge in Juffair that residents can make their own urban haven. We have worked in partnership with internationally acclaimed architects and interior designers to ensure Sukoon Tower will stand out on Juffair's skyline."
What a great idea. An urban haven! This gives residents the best of both worlds...urban living...with rural charm! Tashyeed calls this "Sukoon Living" and in fact a complete floor in Sukoon Tower is designed specifically to bring a feeling of the outdoors to an indoor environment. This floor will have swimming pools, outdoor and indoor cafes, greenery throughout, and even walkways:
"The Tower will have a meticulously designed dedicated recreation floor with vast landscaped greenery, water features and a dedicated health club floor to provide its residents with a signature lifestyle. Great care and attention have been made to create unique apartment combination options and offering investors multiple options in their choice of apartment type and area. We are proud to create this tower in Bahrain and invite Bahrainis and other international investors to invest in this unique opportunity," said Mr. Rajab.
The health club will take up the entire 7th floor and will contain exercise equipment of all kinds, sauna and Jacuzzi, steam rooms, a lap pool and a full size indoor pool, a kitchen and even a business center. The health and well being of residents was primary in the design of Sukoon Tower as you can see.
All of the 592 apartments at Sukoon Tower will offer state-of-the-art features. These apartments have become so popular that the entire phase one has already been sold out. No wonder. Sukoon Tower will be one of the best places to live in all of Bahrain and offer a great lifestyle to its residents:
"The feedback we have received from the initial investors in Sukoon Tower has been extremely positive. Investors have been delighted with the design, the location, the extensive range of luxury facilities as well as the high quality fixtures and fittings. Those people buying apartments in which to live are also excited by the tranquility and peaceful surroundings Sukoon Tower will offer," said Mr. Rajab of Tashyeed.
I think Sukoon Tower represents one of the finest and most well thought out Mega Residential Projects in The Gulf. Sukoon Tower delivers a unique living experience and will no doubt be an inspiration to future residential developments throughout the Middle East!
This link takes you to the Sukoon Tower website:
http://www.sukoontower.com/default.html
This link takes you to Tashyeed Properties, developers of Sukoon Tower:
http://www.tashyeed.net/
One of the major themes used in developing Sukoon Tower is to bring the outdoors in. To this end Sukoon Tower will have vast areas of gardens and water features giving residents an overall feeling of being part of the great outdoors. The idea here is to create a feeling of unity and harmony with nature thus creating an overall feeling of well being. According to Dr. Kadhem Rajab, Chairman of Tashyeed:
"At Tashyeed Properties we want to enhance people's lives through the development of new homes and commercial buildings. With Sukoon Tower we plan to develop a landmark project close to the waters edge in Juffair that residents can make their own urban haven. We have worked in partnership with internationally acclaimed architects and interior designers to ensure Sukoon Tower will stand out on Juffair's skyline."
What a great idea. An urban haven! This gives residents the best of both worlds...urban living...with rural charm! Tashyeed calls this "Sukoon Living" and in fact a complete floor in Sukoon Tower is designed specifically to bring a feeling of the outdoors to an indoor environment. This floor will have swimming pools, outdoor and indoor cafes, greenery throughout, and even walkways:
"The Tower will have a meticulously designed dedicated recreation floor with vast landscaped greenery, water features and a dedicated health club floor to provide its residents with a signature lifestyle. Great care and attention have been made to create unique apartment combination options and offering investors multiple options in their choice of apartment type and area. We are proud to create this tower in Bahrain and invite Bahrainis and other international investors to invest in this unique opportunity," said Mr. Rajab.
The health club will take up the entire 7th floor and will contain exercise equipment of all kinds, sauna and Jacuzzi, steam rooms, a lap pool and a full size indoor pool, a kitchen and even a business center. The health and well being of residents was primary in the design of Sukoon Tower as you can see.
All of the 592 apartments at Sukoon Tower will offer state-of-the-art features. These apartments have become so popular that the entire phase one has already been sold out. No wonder. Sukoon Tower will be one of the best places to live in all of Bahrain and offer a great lifestyle to its residents:
"The feedback we have received from the initial investors in Sukoon Tower has been extremely positive. Investors have been delighted with the design, the location, the extensive range of luxury facilities as well as the high quality fixtures and fittings. Those people buying apartments in which to live are also excited by the tranquility and peaceful surroundings Sukoon Tower will offer," said Mr. Rajab of Tashyeed.
I think Sukoon Tower represents one of the finest and most well thought out Mega Residential Projects in The Gulf. Sukoon Tower delivers a unique living experience and will no doubt be an inspiration to future residential developments throughout the Middle East!
This link takes you to the Sukoon Tower website:
http://www.sukoontower.com/default.html
This link takes you to Tashyeed Properties, developers of Sukoon Tower:
http://www.tashyeed.net/
Wednesday, May 21, 2008
The Gulf's Most Powerful Families
A very interesting list has been prepared by the privately owned Gulf investment and merchant banking group, The National Investor (TNI). TNI operates out of Dubai and Abu Dhabi. TNI, in a report they prepared called: 'Power Matter: A Survey Of GCC Boards,' analyzed who was on the Board Of Directors of 582 Gulf companies and found that certain Gulf families held up to 30% of company board seats giving these families great power over all business done in the Gulf.
Here are the Gulf families TNI found to be the most powerful.
GULF'S MOST POWERFUL FAMILIES:
DUBAI:
> Maktoum, > Ghurair, > Mulla, > Futtaim, > Sari, > Jallaf, > Kazim, > Lootah, > Mazrouei, > Shamsi, > Shaibani, > Ba'alawy, > Alabbar, > Matrooshi, > Belhoul, > Jawa, > Mohannadi.
ABU DHABI:
> Nahyan, > Qassimi, > Dhaheri, > Mazroei, > Qubaisi, > Suwaidi, > Khoury, > Rumaithi, > Muhairi, > Shamsi, > Hosani, > Hajeri, > Otaiba, > Mazrouei, > Omran, > Rostomani, > Sayegh.
QATAR:
> Thani, > Mana, > Attiya, > Saad, > Ali, > Naimi, > Mannai, > Mohannadi, > Ansari, > Sulaiti, > Suwaidi, > Kamal, > Ibrahim, > Salat, > Hitmi, > Fardan.
BAHRAIN:
> Khalifa, > Fakhro, > Kanoo, > Moayyed, > Amin, > Buhindi, > Jalal, > Murad, > Nass, > Sabah, > Mashani, > Mazrouq, > Meer, > Faivre, > Harthy, > Khalili, > Murshidi, > Razak, > Yahyai.
SAUDI ARABIA:
> Saud, > Rajhi, > Issa, > Zamil, > Rashid, > Saleh, > Babtain, > Subaei, > Turki, > Agil, > Drees, > Rajdhi, > Mady, > Abanumay, > Faris, > Hakami, > Husseini, > Omran.
KUWAIT:
> Sabah, > Ghanim, > Kharafi, > Wazzan, > Sultan, > Behbahani, > Bahar, > Mazrouk, > Shaya, > Mutawa, > Rashed, > Fulaij, > Ghanim, > Marafi, > Nafisi.
OMAN:
> Busaidi, > Shanfari, > Rawas, > Sultan, > Lawati, > Mashani, > Harthy, > Saleh, > Zawawi, > Hassan, > Zadjali, > Razak, > Yahyai, > Khalili, > Faivre, > Murshidi, > Abduwani, > Nahari.
This link takes you to the website of The National Investor, who came up with the above list:
http://www.tni.ae/
Here are the Gulf families TNI found to be the most powerful.
GULF'S MOST POWERFUL FAMILIES:
DUBAI:
> Maktoum, > Ghurair, > Mulla, > Futtaim, > Sari, > Jallaf, > Kazim, > Lootah, > Mazrouei, > Shamsi, > Shaibani, > Ba'alawy, > Alabbar, > Matrooshi, > Belhoul, > Jawa, > Mohannadi.
ABU DHABI:
> Nahyan, > Qassimi, > Dhaheri, > Mazroei, > Qubaisi, > Suwaidi, > Khoury, > Rumaithi, > Muhairi, > Shamsi, > Hosani, > Hajeri, > Otaiba, > Mazrouei, > Omran, > Rostomani, > Sayegh.
QATAR:
> Thani, > Mana, > Attiya, > Saad, > Ali, > Naimi, > Mannai, > Mohannadi, > Ansari, > Sulaiti, > Suwaidi, > Kamal, > Ibrahim, > Salat, > Hitmi, > Fardan.
BAHRAIN:
> Khalifa, > Fakhro, > Kanoo, > Moayyed, > Amin, > Buhindi, > Jalal, > Murad, > Nass, > Sabah, > Mashani, > Mazrouq, > Meer, > Faivre, > Harthy, > Khalili, > Murshidi, > Razak, > Yahyai.
SAUDI ARABIA:
> Saud, > Rajhi, > Issa, > Zamil, > Rashid, > Saleh, > Babtain, > Subaei, > Turki, > Agil, > Drees, > Rajdhi, > Mady, > Abanumay, > Faris, > Hakami, > Husseini, > Omran.
KUWAIT:
> Sabah, > Ghanim, > Kharafi, > Wazzan, > Sultan, > Behbahani, > Bahar, > Mazrouk, > Shaya, > Mutawa, > Rashed, > Fulaij, > Ghanim, > Marafi, > Nafisi.
OMAN:
> Busaidi, > Shanfari, > Rawas, > Sultan, > Lawati, > Mashani, > Harthy, > Saleh, > Zawawi, > Hassan, > Zadjali, > Razak, > Yahyai, > Khalili, > Faivre, > Murshidi, > Abduwani, > Nahari.
This link takes you to the website of The National Investor, who came up with the above list:
http://www.tni.ae/
Tuesday, May 20, 2008
Emirates Palace: 7 Stars For Abu Dhabi!
In my last post I covered the magnificent Burj Al Arab hotel in Dubai, the world's first 7-Star hotel and Dubai's first Iconic Mega Project. The Burj Al Arab is not the only 7-Star hotel however....there is one more....the Emirates Palace in Abu Dhabi. I guess Abu Dhabi saw how popular the Burj Al Arab had become and decided they needed their own 7-Star Wonder. At a cost of $3.8Billion the Emirates Palace was designed to become a landmark for the Middle East and the entire world. Mission Accomplished! Emirates Palace is a breathtaking Arabian Palace redefining the concept of a luxury hotel....and giving the Burj Al Arab some real competition for world's most luxurious hotel!
Emirates Palace is located on a 1.3 km stretch of Abu Dhabi's beautiful sandy beach and was formerly known as Bani Yas Palace but the Government of Abu Dhabi has renamed it Emirates Palace to reflect the significance of the project for the UAE in general and in particular for Abu Dhabi, which has become a world-class financial and conference destination. Emirates Palace opened in November 2005 and has been a primary hotel choice for Royalty, Presidents, Billionaire Businessmen, Celebrities and GCC Summits!
Emirates Palace has the most luxurious rooms and suites you will find anywhere in the world, and according to them:
'Each of the exceptional rooms and suites provide guests with uncompromising indulgence. These include 302 Grand rooms, 40 splendid Khaleej & Khaleej Deluxe suites, 4 Royal Khaleej suites, 16 three-bedroom Palace suites divisible into a total of 48 one-bedroom individual suites.
'Inside every room & suite, the decor is a masterful blend of Arabian regal splendor and the latest technology. Decoration includes acres of gold leaf and the finest marble. The guest is given command of all room & suite appliances including lights, air conditioning & in room entertainment systems via a touch screen hand held control.'
The architecture and design of Emirates Palace is unequalled anywhere in the world in my opinion and includes:
- 114 domes, of which the Grand Atrium dome is higher than the dome of St. Peter’s Basilica in Rome,
- 1,002 Swarovski crystal chandeliers, including some of the world's largest,
- 6,000 square meters of interior covered in 22-carat gold leaf,
- Over one million square feet of the world's finest marble imported from Italy, Spain, China, and India,
- 200 fountains spread throughout 600 acres of exotic grounds,
- 1.3 km long private beach,
- The Emirates Palace Archway, covered in Italian stone, and bigger than the Arc de Triomphe in Paris, and containing a museum,
- 128 kitchens and pantries,
- 140 elevators,
- 2 helipads.
Emirates Palace is also the official Guest Palace for the Government of Abu Dhabi, with 22 three-bedroom suites capable of hosting as many heads of state and their entourages. The highest floor has six Rulers' Suites, which are off-limits to all except members of the Royal Families of the UAE.
The Conference and Banqueting Center at Emirates Palace is the most opulent and technologically advanced meeting facility in all of the Middle East and offers:
> State of the art auditorium accommodating 1100 guests,
> A luxurious Grand Ballroom divisible into three sections: total seating capacity of 2,400 guests,
> A range of over 40 meeting rooms with different setups & capacity,
> High-tech Media Center and Business Center,
> Outdoor function space of over 10,000 sqm providing a magnificent al fresco setting for cocktail receptions and dinners.
Emirates Palace offers a wide variety of leisure and recreational facilities including: Anantara Spa which offers rejuventating treatments of all kinds, Fitness Suites offering personal training and aerobics classes, an "extreme sports" Energy Zone area, Blue Dolphin Diving Center offering scuba diving lessons, tennis courts and private tennis lessons, a private beach and two swimming pools, boutiques of all kinds, etc.
Naturally you will experience some of the finest dining in the world at the restaurants of Emirates Palace: Le Vendôme Brasserie, Sayad, Mezzaluna, Al Majlis & Caviar Bar, Cascades, Diwan L'Auberge, Anar Restaurant and Las Brisas. You can also dine in your room and experience what Emirates Palace calls "The Palace Ceremony." This is one ceremony I would like to experience! The hotel even offers genuine Albino Caviar...at about $30,000 a pound!
All of this luxury does not come cheap. Today, May 20, 2008, hotel rates for a Pearl Room are about $1,100/night - a Khaleej one bedroom Suite is about $2,700/night - Palace Grand Suite $7,000/night - Two Bedroom Palace Suite about $10,000/night - 3 Bedroom Palace Grand Suite about $14,000/night. These rates are from the Emirates Palace website and I am converting AED rate which they list to US dollar rate.
What we have with the Emirates Palace is much more than an ultra luxurious Mega Hotel Project. Emirates Palace is a Crown Jewel for Abu Dhabi and a Shining Star for the entire Middle East!
Here is a YouTube Emirates Palace video:
http://www.youtube.com/watch?v=9zAiDXFoNXM&feature=related
This link takes you to the Emirates Palace website:
http://www.emiratespalace.com/en/home/index.htm
Emirates Palace is located on a 1.3 km stretch of Abu Dhabi's beautiful sandy beach and was formerly known as Bani Yas Palace but the Government of Abu Dhabi has renamed it Emirates Palace to reflect the significance of the project for the UAE in general and in particular for Abu Dhabi, which has become a world-class financial and conference destination. Emirates Palace opened in November 2005 and has been a primary hotel choice for Royalty, Presidents, Billionaire Businessmen, Celebrities and GCC Summits!
Emirates Palace has the most luxurious rooms and suites you will find anywhere in the world, and according to them:
'Each of the exceptional rooms and suites provide guests with uncompromising indulgence. These include 302 Grand rooms, 40 splendid Khaleej & Khaleej Deluxe suites, 4 Royal Khaleej suites, 16 three-bedroom Palace suites divisible into a total of 48 one-bedroom individual suites.
'Inside every room & suite, the decor is a masterful blend of Arabian regal splendor and the latest technology. Decoration includes acres of gold leaf and the finest marble. The guest is given command of all room & suite appliances including lights, air conditioning & in room entertainment systems via a touch screen hand held control.'
The architecture and design of Emirates Palace is unequalled anywhere in the world in my opinion and includes:
- 114 domes, of which the Grand Atrium dome is higher than the dome of St. Peter’s Basilica in Rome,
- 1,002 Swarovski crystal chandeliers, including some of the world's largest,
- 6,000 square meters of interior covered in 22-carat gold leaf,
- Over one million square feet of the world's finest marble imported from Italy, Spain, China, and India,
- 200 fountains spread throughout 600 acres of exotic grounds,
- 1.3 km long private beach,
- The Emirates Palace Archway, covered in Italian stone, and bigger than the Arc de Triomphe in Paris, and containing a museum,
- 128 kitchens and pantries,
- 140 elevators,
- 2 helipads.
Emirates Palace is also the official Guest Palace for the Government of Abu Dhabi, with 22 three-bedroom suites capable of hosting as many heads of state and their entourages. The highest floor has six Rulers' Suites, which are off-limits to all except members of the Royal Families of the UAE.
The Conference and Banqueting Center at Emirates Palace is the most opulent and technologically advanced meeting facility in all of the Middle East and offers:
> State of the art auditorium accommodating 1100 guests,
> A luxurious Grand Ballroom divisible into three sections: total seating capacity of 2,400 guests,
> A range of over 40 meeting rooms with different setups & capacity,
> High-tech Media Center and Business Center,
> Outdoor function space of over 10,000 sqm providing a magnificent al fresco setting for cocktail receptions and dinners.
Emirates Palace offers a wide variety of leisure and recreational facilities including: Anantara Spa which offers rejuventating treatments of all kinds, Fitness Suites offering personal training and aerobics classes, an "extreme sports" Energy Zone area, Blue Dolphin Diving Center offering scuba diving lessons, tennis courts and private tennis lessons, a private beach and two swimming pools, boutiques of all kinds, etc.
Naturally you will experience some of the finest dining in the world at the restaurants of Emirates Palace: Le Vendôme Brasserie, Sayad, Mezzaluna, Al Majlis & Caviar Bar, Cascades, Diwan L'Auberge, Anar Restaurant and Las Brisas. You can also dine in your room and experience what Emirates Palace calls "The Palace Ceremony." This is one ceremony I would like to experience! The hotel even offers genuine Albino Caviar...at about $30,000 a pound!
All of this luxury does not come cheap. Today, May 20, 2008, hotel rates for a Pearl Room are about $1,100/night - a Khaleej one bedroom Suite is about $2,700/night - Palace Grand Suite $7,000/night - Two Bedroom Palace Suite about $10,000/night - 3 Bedroom Palace Grand Suite about $14,000/night. These rates are from the Emirates Palace website and I am converting AED rate which they list to US dollar rate.
What we have with the Emirates Palace is much more than an ultra luxurious Mega Hotel Project. Emirates Palace is a Crown Jewel for Abu Dhabi and a Shining Star for the entire Middle East!
Here is a YouTube Emirates Palace video:
http://www.youtube.com/watch?v=9zAiDXFoNXM&feature=related
This link takes you to the Emirates Palace website:
http://www.emiratespalace.com/en/home/index.htm
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