| 26 Nov 2008 |
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Al Madar Investments launches AED 1.4 billion Suhail Tower
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47 - Storey residential tower in Madinat Al Arab to include top-end amenities
Al Madar Investments, a leading property developer in the GCC and part of the Al Madar GroupAl Madar Group
, has today (day, date, 2008) announced the launch of the Suhail Tower, an AED 1.4 billion residential project located in the Madinat Al Arab area of the Dubai Waterfront.On completion in late 2011, the 47 -storey tower will encompass studio, one, two and three bedroom apartments with luxury Penthouses occupying the top 3 floors; and boasts a top-end home automation system, as well as several swimming pools, a gymnasium, a badminton court, and concierge services alongside the coffee shop and retail units on the ground floor
"The location of the Suhail Tower is a key selling point," explained Keith Pepperdine, Director of Sales and Marketing, Al Madar Investments, during the launch of the project. "With priceless views over the Arabian Gulf from all levels and with the open parkland and canal running along the back of the project, it has a very tranquil ambience combined with close proximity to key destinations in Dubai."
"Of course, the huge value of the tower - at AED 1.4 billion - also gives some indication of the superior quality of the design, interiors, finishing and facilities that investors and residents can expect," he added.
Madinat Al Arab is one of the ten areas of the Dubai Waterfront, and is being developed by an international consortium of architects, planners and urban developers. The area, expected to become Dubai's new downtown and central business district, will feature resorts, as well as residential, retail and commercial spaces linked by an integrated transport system.
Suhail Tower is the latest addition to Al Madar's extensive Dubai property portfolio, which also includes Coopet, a mixed-use building located at a prime location in Arjan, Dubailand; Siraj Tower, also located in Arjan, Dubailand; Bellagio Tower, an office building in Liwan, Dubailand; and Scala Tower a residential tower in the heart of Business Bay which is already well advanced with construction.
Al Madar Property Investments is a division of Al Madar GroupAl Madar Group
, a Qatari company founded in 1992 and specialised in the design and construction of civil and industrial projects as well as infrastructure and marine development works. -Ends-
The Al Madar GroupAl Madar Group has been operating and developing property in Qatar since 1992 and has earned a reputation for delivering high quality projects on time. Originally concentrating on the design and development of villa complexes, the Group now develops multi-storey complexes and currently has several residential, commercial and hotel developments in Doha and is also strengthening its presence in the UAE.
For further information, please contact:
Orient Planet PR & Marketing Communications
Tel: +971 43988901
Fax: +971 43988941
P.O.Box 23345, Dubai, UAE
Email: info@orientplanet.com
Website: www.orientplanet.com
© Press Release 2008
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