With built-up area of the 6 million sq. ft. including mix-use residential, commercial, retail space and a hotel, the Crest is one of the most dynamic developments in Ajman.

The Crest concept was designed by Primatec International who are the project managers and the architectural firm of Eng. Adnan Saffarini appointed as the lead architects.

Strategically located at the gateway to Marmooka City, this makes the Crest the most exclusive address in the master development

Development offers 1 million sq. ft. of retail space

18th May, Dubai,UAE : Al Barakah Group, the Dubai based  real estate group with a strong presence in all the segments of the real estate value-chain and a project portfolio of more than AED 8 billion, today announced 'Manara Ajman' the tallest tower in Ajman, one of the fastest growing real estate cities in UAE. This state-of-the-art, 95-storey tower is a part of the AED 4billion mixed-used development in Marmooka City, which is being developed by Al Barakah group. While Manara Ajman or Lighthouse of Ajman in Arabic certainly adds an interesting vertical dimension to Ajman's skyline, the actual height of the tower has not yet been revealed.

Manara Ajman would be part of a larger multi-towered project-- the Crest. Envisioned to be an iconic development and the home of the tallest tower in Ajman, the Crest is being considered the most exclusive and desirable address in the entire Marmooka development. As a state-of-the art development-the Crest would offer free-hold residential, commercial and retail space along with modern leisure, lifestyle, well-being, entertainment and fine dining opportunities. The Crest was designed by Primatec International, who are also the project managers and the architectural firm of Eng. Adnan Saffarini have been appointed as the lead architects. The entire project is scheduled for completion in 2012

Commenting on Manara Ajman and the Crest Mr. Imran Khan, CEO of Al Barakah said: "The Crest is Al Barakah's most ambitious project till date and an iconic development in itself that gives Ajman its first ever tall tower- Manara Ajman. While Manara Ajman adds a distinct advantage to the project, the other USP of the project is most certainly its location as the gateway to Marmooka City. Being the single largest project in the Marmooka City- the Crest has all desirable elements that will help it to position itself as hub of the self-sustained master development. These factors along with a competitive pricing add to the attractiveness of the project both as a high-return investment option and as a premium end-user destination."

In addition to Manara Ajman, the 6 million sq. ft. development would include four other towers--Burj Royale, Burj Regal, Burj Monarch, and Burj Regent. The Burj Regent and the Burj Monarch will share a common podium that would incorporate diverse retail opportunities spread over an area of 1 million sq. ft. with a dedicated car park specially for the retail section. The Burj Royale and the Burj Regal each with a total built-up area of 888,276 sq. ft.,  are mixed-use projects, that will be connected to the entire complex by a walkway. While as Burj Monarch and  Burj Regent are purely residential towers , each with an built-up area of 851190sq.ft including a multi-tiered parking space.

Elaborating on the potential of Marmooka City Mr. Imran Khan said: "Marmooka City is amongst the most exciting developments in the UAE. Strategically located and only minutes away from the major commercial hubs of Dubai, Sharjah and Ras Al Khaimah, the development is perfectly poised to enjoy the best of all the worlds. Our choice of Marmooka City stems from our belief that the development combines high-return on investment with an assurance of quality life for the end-users. This proposition attracts both investors and end-users and will contribute to the long-term financial viability of the project."

Marmooka City offers residential and commercial development set among lush gardens and lakes, the city will include a shopping district, five-star hotels, mosques, hospitals and schools.  

The Crest would be Al Barakah's second development in Ajman after its first offering Crimson Court in Emirates City was completely sold out. Construction has commenced on Crimson Court

-Ends-

About Al Barakah 
Founded in 2007, Al Barakah Investments is a diversified real estate investment group with the corporate philosophy "building value through integrity". The company remains committed to the traditional values of fairness, quality and transparency in every aspect of dealings with investors and customers including contract formulation. It aspires to be amongst the top ten most trusted real estate companies in the UAE within the next ten years.

The company's board comprises five directors, all professionals with rich experience in real estate and other business sectors. Their first venture in the UAE was a real estate brokerage company, Inside Track Real Estate Brokers LLC. Late in 2007, the partners launched Al Barakah Investments, focusing on the fast-growing mid-segment of Dubai's real estate market.

Al Barakah enjoys the distinction of dealing with every sphere of real estate activity, including marketing, development and investments. Additionally, it believes in establishing long-term associations with property buyers through transparent dealings, by making them fully aware of the various aspects of property ownership. The group has hundreds of sales affiliates spread across 30 countries. Al Barakah currently has projects in various stages of development that are valued in excess of AED 8 billion.

Contact Details
Shazia Kamili
Percept Profile Gulf
PO Box: 74245
Dubai UAE
Tel: 04 3446373

© Press Release 2008