Abu Dhabi's Top Realtor announces AED700mn development (Stand IF20)

May 8 2007, Abu Dhabi- Al Badie Trading & Investment, the property arm of Al Badie Group (ABG), has officially announced their first real estate development on Al Reem Island at this year's Cityscape, Abu Dhabi. The AED700 million project is set for completion in mid 2010.

The UAE's capital city of Abu Dhabi is undergoing a rapid boom lately- from the Tourism Authority's announcements of importing the Formula 1 Grand Prix (in 2009) to the Louvre, and Guggenheim Museum (set to be the largest in the world). The development projects alone almost top the AED1 trillion mark, thus Al Badie's has decided to join the race in developing Abu Dhabi and marking it a major global tourism and wider business destination hub.

Al Badie began planning their Beach Towers Project on the prestigious Shams Abu Dhabi back in February 2006. The development is scheduled to be ready for occupancy in 2010 and will offer an unparalleled view of the Island, Marina, Sea, and Abu Dhabi skyline. Each floor of the project's 25-storied buildings will consist of 374 luxurious apartments, including: one, two, three and four bedroom apartments, which will be on sale to prospective expatriates and UAE national homeowners. 

Some of the exciting features include:

  • Top-of-the-line management services

  • Luxurious entrance and lobby

  • 24 hour security

  • Indoor parking

  • World class gymnasium/ fitness club

  • Landscaped gardens and swimming pool

  • Maintenance services

  • Designer finishing

"We are delighted to announce our first Al Reem Island development at this time," said Mohamed Joan Al Badie, President. "Every aspect of the property, from the world-class finishing and premium materials used, to our sales proposition, provides for an excellent investment and an even more satisfying home. We look forward to enhancing the Island with our properties and services," he added.

The Beach Towers are located only a short distance from the heart of downtown Abu Dhabi and are conveniently located from all of the major commercial and entertainment outlets. They will quickly become one of the iconic landmarks on the island and allow for rapid return on investment through leasing or resale.  

For further information, please visit www.albadie.com

-Ends-

Noura Sarraj
Account Manager
Promoseven Weber Shandwick
Tel: +9712 4494405
Fax: +9712 4494833
Mobile: +971506720887
Email: noura.sarraj@promoseven.com

© Press Release 2007