(with photos)
ABU DHABI, Aug 19 (KUNA) -- Abu Dhabi National Exhibitions Company (ADNEC) has revealed two distinctive commercial and residential towers by SinoGulf Investments that architecturally mimic the movement of sand dunes.
The towers will be key features of the Dhs8bn Capital Centre development underway surrounding Abu Dhabi National Exhibition Centre, ADNEC reports Tuesday.
Upon completion in the last quarter of 2010, the commercial and residential developments will offer a high quality finish, extensive amenities, ample parking, high-speed lifts, and retail outlets.
Also featured within the residential tower will be a gym, sauna, spa and pool, making the apartments hard to resist for tenants and investors.
The towers are situated in a prime location on the corner of Al-Karama Street and adjacent to the exhibition centre, with non-obstructing north facing views.
ADNEC Business Development Director Sanjay Tanna said "Rental properties and serviced apartments in Abu Dhabi are achieving strong rates and occupancy levels - a clear shortage of accommodation exists for executives. SinoGulf has recognized the demand for high-end living and has created an A grade investment opportunity."
ADNEC is a government organization which functions as a private enterprise and operates within the principle core values of efficiency and effectiveness. It is the first of its kind in the Middle East in the field of holding meetings and conferences and aims to promote the UAE capital as a venue for international events and gatherings.
Established in 2003, SinoGulf Investments manage an excess of USD 1 billion in investments, with development projects based in Abu Dhabi, Jordan, and Dubai.
SinoGulf Investments are currently taking expressions of interest for their residential apartments. The launch date will be announced shortly for sales enquiries.
Copyright Kuwait News Agency 2008.
