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DIRC’s comprehensive offering set to generate huge interest at International Property Show 2007

Published April 4th, 2007 - 05:54 GMT
Al Bawaba
Al Bawaba

Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments PJSC, is currently participating at the International Property Show 2007, the biggest transactional property exhibition in the region, being held from April 3-5, at the Dubai International Exhibition Centre. The DIRC stand at the exhibition is set to attract a large number of property investors as the company is offering for sale a diverse range of properties including residential developments, a warehouse complex and office spaces.

Obaid Al Salami, General Manager, Dubai Investments Real Estate Company, said, “We are keen to make a mark at the International Property Show 2007 with the diversity and quality of our offerings. As a rapidly growing real estate company, we are focused on setting new standards with the level of services we offer and the range of projects we have in our portfolio. Our participation in the International Property Show is crucial since this is one of the premier shows in region for exhibiting and trading in property, and provides a platform to closely interact with thousands of visitors from around the world.”

‘Ritaj’, the first residential project of DIRC, is one of the projects being showcased at the International Property Show, which is in its third edition. ‘Ritaj’ is a residential development designed to epitomize the concept of affordable luxury. The development provides a range of more than 2,200 housing units, including studios, one, two and three bedroom apartments that offer world-class facilities. Residents at the project will enjoy fully serviced accommodation, which includes 24-hour security, maintenance and cleaning.

DIRC’s upcoming warehouse complex is set to take warehousing standards to new levels. A unique feature of this complex is the provision of a 33,000 sq ft luxury office building located at the entrance which enables companies to locate warehouse and office operations on one purpose-built site with excellent communication links. From the smallest unit of 5,000 sq ft up to a total complex capacity of 620,000 sq ft, this warehousing facility built with an elevated floor design provides extremely flexible space options and configurations. The high quality, secure units are particularly attractive for high value goods such as electronics and consumer goods. The warehousing facilities are available to customers on a 30-year lease hold basis.

The DIRC office development comprises a cluster of seven office buildings. The office space in each building range from 113,000 sq ft to 124,500 sq ft, finished to the highest quality standards. Set amidst lush green gardens, the office development also features cafes, restaurants, shops and a gym to provide occupants a wholesome experience. Further, the multi-storied car park of the facility provides covered parking to close to 1,500 cars.

“Our residential development, warehouse complex and the office development have something unique to offer investors, besides the fact that the developments are strategically located. We are certain that our offerings will appeal to the large number of visitors and potential investors at the International Property Show 2007,” concluded Al Salami.