The first, Al Sondos Tower, is a 47-storey luxury apartment complex in Al Khan, offering a variety of dramatic views which include Al Khan lagoon, The Arabian Gulf, and Al Mamzar Park. When completed, it will be Sharjah's tallest tower, according to Ayman J. El-Deen, Deputy General Manager, Tiger Group.

With 7 floors devoted to residents' parking, the remaining 40 floors offer residential apartments and ladies and men's health clubs equipped with sauna, steam room, changing rooms, gymnasium, children's room and nursery, aerobic area, swimming pool, conference room and offices.

The apartments offered comprise of elegantly finished 2 or 3 bedroom units with ceramic tiling throughout, fully fitted kitchens, spacious bedrooms with built-in wardrobes and en-suite bathroom in master bedrooms.

Other key features include high-speed digital technology internet, TV and voice communication connections; central air-conditioning; central gas connections; central dish antenna; 24 hour security and mosque.

Al Taawun Tower, close to Sharjah's Expo Centre, has 25 floors of residential accommodation plus a seven-storey car park and offers a total of 250 one or two bedroom flats.

Both properties are being developed by Tiger Real Estate, who have appointed Asteco as exclusive sales agents and managers for the properties.

The properties are being sold on a 99-year leasehold basis with an option to transfer to freehold, law permitting.

Tiger is one of the largest development construction companies in the UAE and was established in 1976 by H.H. Sheikh Rashid Al-Qasimi and Mr. Waleed M. Mohamed.

Mr. John Stevens, Asteco's Branch Manager in Sharjah, said "We are very happy to be representing these two prestigious properties, which will make a major contribution to Shajrah's property portfolio."

Asteco has been established over 20 years.  It is one of the leading real estate firms in the Middle East and is in the forefront of the region's residential property market with a portfolio of over 5 million sq. ft.

The properties go on sale today with Al Sondos Towers due for completion in December 2007 and Al-Taawun Tower due for completion in December 2006.

-Ends -

For further information please contact:
Arafaat Ali Khan/Sandy Barqawi
Landmark Public Relations
P O Box 502182
Dubai Media City
Dubai
U.A.E
Tel: (009714) 391 2140/1/2/3/4
Fax: (009714) 390 4345

© Press Release 2005