First Steps towards the Construction of Luxury Serviced Apartments & Offices will Commence November 2008.

Dubai, October 21, 2008: ACW Holdings, a leading property developer specialising in high-yield investment opportunities across the residential, retail, serviced apartment and commercial office sectors in the UAE has announced will begin groundwork at Arjan, Dubailand in November 2008. marking the start of construction for three developments; Platinum One and Platinum Two luxury serviced apartments and The Light serviced offices.

The construction works and ground preparations are being handled by the Torque Group who is responsible for ACW Holdings' developments in the Arjan community.

Ian Pask, ACW Holdings General Manager said "Arjan as a district represents an important part of our investment led approach to property development in Dubai, with three key investment properties located in this prestigious area."

Arjan will accommodate over 67,000 residents and will comprise medium rise commercial, residential, retail and hospitality developments. With over 100 residential complexes, six iconic office towers and around a unique art deco architectural style, Arjan will feel distinct from other areas of Dubai.

The diverse community of residents and businesses will provide the foundation of a thriving hub, while the close proximity to Dubailand's super-entertainment complexes will make it an appealing place for the tourism, hotel and serviced apartment sectors. Arjan's own attractions such as the Dubai Eye and open air Amphitheatre, will offer residents of Dubai, new and exciting unique experiences.

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About ACW Holdings:
ACW Holdings is specialised in developing high-yield property investments through innovation and market research. The company was formed in 2004 by a group of UK investors to develop property in the United Arab Emirates, beginning with Dubai.

ACW Holdings has two offices in the UAE and two UK offices, the head office in Leeds and a newly built sales office in London. The company is registered with RERA (Real Estate Regulatory Authority) as a Property Developer and activities include real estate development and related services encompassing real estate agency and interior design.

In just over four years, ACW Holdings has grown substantially with numerous major projects under development and an asset value in excess of AED 5 billion. The company strives to establish long term mutually beneficial relationships, providing investors with an exclusive selection of real estate investment opportunities and the highest European standards of quality, service and construction.

For further information:
ACW Holdings                        
info@acwholdings.com            
www.acwholdings.com

© Press Release 2008