DUBAI - Reef Real Estate Investment Co. officially launched a new residential building located in the Jumeirah Lakes area, the Madina Tower.
It is a private company managed by Shaikh Ahmed Mohammed Zayed Saqer Al Nahyan, the managing director of the company.
This was launched with established marketing agents, Sherwoods Independent Property Consultants.
Madina Tower, is expected to be completed in 2006 and it will be a 34-storey building offering 1, 2 and 3 bedroom apartments. The apartments have been designed to provide an ideal combination of space and privacy to the residents. The designers and architects of the building have taken every environmental concern into account in the selection of materials like paints, etc.
The interior of Madina Tower is designed to convey quality, luxury, and sophistication. The various amenities in the tower includes, the library cafe, the theatre room with a 50-inch home theatre system for private screenings, presentations and special viewings and the Business IT Lounge which offers access to several computer stations and fully equipped Board Room for organising meetings.
In the UAE, residents, non-residents and corporations can buy Madina Tower apartments on a freehold basis, which entitles them to a residence visa. Leading banks and financial institutions will be extending home loans of up to 70 per cent.
Reef Real Estate Investment Co with its highly competent team will develop this tower with vast experiences in real estate investments and developments.
Madina Tower will be marketed in AGCC countries and internationally by one of the leading independent property consultants, Sherwoods.BY A STAFF REPORTER
© Khaleej Times 2004
