Highlights Development's Exclusive Features to Invitation-only Audience of High Net-worth Individuals
Dubai-UAE: 07 April, 2011 - Dubai Silicon Oasis (DSO), the integrated free zone technology park, announced it is showcasing today its AED1.55-billion Cedre Villas project at the Moscow International Property Show, an exclusive real estate show that includes a personally invited audience of high net worth individuals.
A leading foreign property show organized by aigroup, the Moscow International Property Show is presented bi-annually in April and November and currently in its seventh year. Running from 8-9 April in Moscow, it provides a platform for worldwide developers and real estate agencies to network with distinguished representatives from the government and private sectors as well as real estate portfolio managers.
Dubai Silicon Oasis is leveraging the boutique format of the show to spotlight the 1,047-Cedre Villas development comprising luxury, executive, town house and twin villas ranging between three to five bedrooms. Located within the 7.2-square km state-of-the-art integrated tech park, the villas are available in three architectural models - modern, traditional, and Arabic - and are offered at very competitive rates.
Waleed Bin Shafie, Vice President - Real Estate Sales at Dubai Silicon Oasis Authority (DSOA), said: "Dubai is gaining popularity as a holiday destination among Russians who are keen to invest in a second home here. The Moscow International Property Show has stringent criteria of participation and welcomes exhibitors that enjoy high credibility among investors and buyers.
"Our participation at this show offers valuable exposure for Cedre Villas to elite buyers. As a professional platform to exchange information, complete transactions and conclude partnership agreements, we are confident the property show is an ideal forum to highlight the unmatched experience that Cedre Villas offers."
DSO has completed selling and leasing 64 per cent of the first phase of the Cedre Villas development. Construction work on the second phase was completed in May 2010 with nearly 40 per cent of the units sold prior completion.
Cedre Villas offers residents a community centre encompassing an exclusive clubhouse, a shopping complex, health and leisure facilities, as well as swimming pools, schools and academies, clinic, play areas and other features.
The Cedre Villas project is part of a comprehensive metropolitan community at DSO that combines office towers, research and development (R&D) and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare facilities and a wide range of lifestyle options to create a dynamic commercial and social environment.
Wholly-owned by the Government of Dubai, DSO operates as a free zone for companies producing semiconductors, microelectronics, and other high-tech products seeking to establish regional headquarters and centers of research and development in the Middle East and Africa.
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About Dubai Silicon Oasis:
Dubai Silicon Oasis Authority (DSOA), a 100% owned entity by the Government of Dubai is a free zone, strategically placed on the Emirates road. DSOA's urban master-planned community spans 7.2 square kilometers of state of the art office towers, R&D and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare and a full range of lifestyle facilities which translate into a dynamic commercial and social environment. Businesses can flourish under the unrivalled package of incentives, including 100% ownership, and high end IT infrastructure that allows companies to begin operating immediately.
Mazen El Dirany
Dubai Silicon Oasis Authority
Associate Manager - Corporate Communications
Tel: (+971 4) 5015102
Mobile: (+971 50) 2266956
Fax: (+971 4) 5015200
Email: meldirany@dso.ae
Mathilda Saad
JiWin Public Relations
An APCO Worldwide Company
Tel: +9714 361 3879 (direct)
+9714 361 3333 (switchboard)
+97155 699 9890
Fax: +9714 388 8001
Email: mathilda.saad@jiwin.ae
© Press Release 2011
