08 Jan 2007
Dubai: Dubai-based Edara LLC has been commissioned to provide project management services for the first National Bonds Dh1.5 billion real estate project SkyCourts in Dubai.
SkyCourts is an affordable, yet upscale, freehold residential community in the heart of Dubailand, the emirate's upcoming leisure, tourism and entertainment destination.
The Dh1.5 billion development will offer over 2,300 apartments across six towers. Apartments will range in size from studios to two-bedroom units, with prices from Dh273,000 to Dh898,000. All apartments were sold out in six days to bondholders, much earlier than planned.
Edara will provide project management services throughout the scheme design and construction phases to handover, which has announced the project completion date to be around in the first half of 2009.
Phill Edmondson, the general manager at Edara, said, "Our aim is to become the preferred provider of project management services in the region. We have the talent and experience to add significant value to any development."
Edara has, in recent years, managed projects ranging from villas to large residential and leisure developments, commercial real estate, high rise, low rise and a racetrack.
SkyCourts is strategically located to overlook the luxurious 'The Villa' project and a number of other Dubai landmarks and will be easily accessible from key arterial roads including the Al Ain Road and Emirates Road. Residents will also have access to recreational and leisure amenities including health clubs and swimming pools, rooftop gardens and cafes, shops and free parking.
By Staff Reporter
Gulf News 2007. All rights reserved.
