Emaar launches sale of homes in Al-Sahab Dubai Marina

Published October 21st, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

Emaar Properties has opened the sale of bedroom and penthouse apartment suites in the 44-storey and 24-storey towers in the Al-Sahab waterfront complex to national and expatriate investors. 

 

The company also announced that it will also open the sale of a limited number of unique two and three storey, multi-level residential suites that form part of the new development. This new residential concept, Marina Homes, takes its inspiration from the waterfront architecture in premier communities in the French Riviera, and is being introduced for the first time in the region.  

 

The twin Al-Sahab tower complex forms part of District 7, the latest phase of Emaar's ambitious Dubai Marina project, and will also contain a number of shopping and entertainment centers. The complex, which is located on the eastern side of Dubai Marina, offers views of the Arabian Gulf, world-class golf courses, and vistas of the new growth corridor across the Jumeirah area.  

 

“Marina Homes is targeted at investors who, on the one hand, desire the amenities associated with living in the buzz of a waterfront apartment community, and enjoy the luxury of an exclusive villa, on the other, ” said Corporate Director of Sales and Marketing, Mansour Al-Othaimin.  

 

Dubai Marina is a planned community by Emaar Properties and marks one of the Gulf's biggest building projects. Upon completion, this 50 million square foot project will house luxury residential and leisure facilities covering approximately three square kilometers.  

 

The Dubai Marina itself is approximately 3.5 kilometers long with an 11-kilometer marine frontage starting from Dubai International Marine Club (DIMC) and returning just beyond the Sheraton Jumeirah Hotel.  

 

Emaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market. Currently it has six major real estate projects under development. Besides real-estate projects Emaar also owns and manages subsidiaries such as Dubai Bank, Amlak Finance, Emrill, a joint venture with the United Kingdom’s Carillion, technology company Sahm Technologies. — (menareport.com) 

 

 

 

© 2002 Mena Report (www.menareport.com)