Dubai, June 17, 2007(WAM): - Sama Dubai, the internationalreal estate investment and development arm of Dubai Holding,has commenced infrastructure work on the QAR 2.3 billion mixeduse corporate towers - 'Dubai Towers - Doha'.

Ongoing construction work at a cost of QAR 1.5 billionincludes advanced enabling (substructure) works and tower piling.

Podium piles have already been installed, with the main structure'building' works scheduled to commence in the first half of 2007.

Work on 'Dubai Towers - Doha' will begin after the completionof a comprehensive Environmental Impact Assessment study, whichhas received preliminary approval from the Supreme Council forEnvironment and Natural Resources in Qatar and has been incorporatedinto all the design procedures and building services engineeringfor the towers. Strict adherence to environmentally sound practicesand sustainability measures is being enforced by Sama Dubai throughoutthe phases of construction.

Located on the Corniche in the West Bay area of Doha,the project is set to be one of Qatar's iconic landmarks anda prominent feature of Doha's new skyline.

The mixed-use corporate towers have been conceived todeliver the complete corporate experience in the heart of Doha'sbustling new business district. Projected to reach a soaringheight of 435 meters, 'Dubai Towers - Doha' will help enhancethe city's diverse offerings and cosmopolitan character. Providingpremium corporate real estate facilities with services and amenitiescatering to the local and regional business community, the towerswill meet the rising demand for first-rate office space, qualityresidential units and hotel rooms.

Designed by RMJM, an internationally renowned architecturalfirm, 'Dubai Towers - Doha' is set to be a signature landmarkwithin the booming Doha property sector. The 84 plus multi-storeymarvel is expected to catalyze the city's emerging status asa centre for business and commercial activity, as well as a rapidlygrowing international destination.

Slated for completion in the first half of 2010, 'DubaiTowers - Doha' will feature offices, serviced and unfurnishedapartments, an upscale retail shopping boulevard, and a luxuryboutique hotel. The towers' components will be complemented byexcellent corporate facilities and services, including recreationand entertainment amenities, a health centre, gym, restaurants,ample basement and above grade car parking, designated drop offzones, security services, and 24-hour maintenance system, aswell as a superbly equipped business centre with high speed,state-of-the-art connectivity.

The latest technology and construction methods and materialshave been adopted to guarantee that the highest internationalstandards are met in 'Dubai Towers - Doha'.

'Dubai Towers - Doha' is expected to contribute to Qatar'sambitious new tourism masterplan. Underlined by an investmentof US$15 billion, the plan aims to establish Doha as a high qualitydestination for business and tourism. With Doha on course toachieve a target of over one million hotel guests by 2010 , supportedby extensive investments in tourism and business activities,further demand is being generated for quality real estate projects,spurring an array of new infrastructure and real estate projects.

With a GDP growth rate of 24 per cent in 2006, the countryhas witnessed an unprecedented growth in real estate sector causedby the exceptional economic boom and a steady increase in population.