58 Exclusive Residences Set Within A Luxury Setting
Dubai, United Arab Emirates - September 02 2006 - Dubai Lagoon, the AED 3 Billion High Watermark of Living, today announced the launch of "The Presidential" building which is a new archetype in luxurious contemporary urban living exclusively designed for the higher income segment of society.
The launch comes in the wake of rising consumer demand for ultra-luxury residences in Dubai Lagoon. The Presidential is a ground plus 7 storey building comprising of two wings, The East and West wing, with a total of 58 grand residences set within the complex of Dubai Lagoon. The apartments within the buildings will range from 1,175 sq feet to 2,940 sq feet with private terraces and premium hardwood flooring. Residents will also enjoy executive luxuries such as state-of-the-art Smart Home integration, 24 hour butler service, valet parking, exclusive spa & health club, wireless internet connectivity, latest keyless entry technology, and a concierge desk.
Speaking on the launch, Danial Husain, Vice President of Dubai Lagoon said, "This launch is part of our ambition to provide lavish accommodation options for high society. The Presidential is for those individuals who prefer an exotic, chic lifestyle. Being one of the largest private developments in the UAE, we have always spearheaded the market with revolutionary concepts and The Presidential is yet another quest in our efforts to provide our customers with the epitome of world class living."
Danial added, "Every aspect of our project has been designed from a customer's perspective, from our unique seven year payment plan to the convenient onsite facilities, making Dubai Lagoon the best place to call home."
In addition to well appointed and good value investment opportunities property buyers can also expect to take advantage of the flexible payment plans with 0% interest that allow the buyer to pay 60% over the initial two years and take possession, with the balance to be paid over the next five years, after possession. This makes it economical and affordable to make monthly mortgage payments and own a property rather than paying highly inflated monthly rents. The Presidential can also be bought on the 24 month payment plan. For overseas buyers the apartments are all ownership sub-lease hold title which means that all owners are eligible for family residence visas, subject to UAE immigration rules and regulations.
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About Dubai Lagoon
Dubai Lagoon is located at Dubai Investments Park. The contemporary design comprises of a residential apartment community planned around a lagoon. The community is spread over 1.75 million ft with 53 buildings consisting of studios 1, 2, and 3 bedroom and penthouse apartments. 75% of the land dedicated to landscaping, water falls and fountains.
Dubai Lagoon is under the patronage of the NASA Group L.L.C, which was established over 25 years ago. NASA Group is one of the most prominent companies in the United Arab Emirates and is engaged in diverse business activities including travel and tourism, cargo, logistics, shipping, retail, real estate, construction projects and heavy engineering.
http://www.dubailagoon.com
For more insight, information or to interview a spokesperson please contact:
Press Contact:
Tarek Lasheen or Abhishek Savant
NettResults Public Relations
P.O. Box 72587,
Dubai,
United Arab Emirates
Tel: +971 4 331 1593
Fax: +971 4 331 1562
tarek@nettresults.com or Abhishek.savant@nettresults.com
© Press Release 2006
