Initiative Targets Small and Medium Enterprises with Integrated and Efficient Business Models
Dubai: 12 December, 2006 - Dubai Properties today announced the launch of Tijara Town, an AED 6 billion freehold master development targeting small and medium enterprises. The new development will span 188 hectares and will be located in Dubailand on Al Ain Road, close to Emirates Road
Tijara Town will be the first project in Dubai to offer integrated office, showroom, warehouse, and apartments as one unit. It offers 51 customizable freehold mixed-used units of 7,700 square metres each that will help businesses improve efficiency through low operational costs.
Hashim Al Dabal, CEO, Dubai Properties said: "The launch of Tijara Town signals a first for Dubai Properties as it not only offers an integrated business model, but also targets small to medium size enterprises. Tijara Town will be the ideal location for businesses looking to increase efficiency and reduce operations' costs in a turnaround time.
"With Dubai's growing status as a major international trading hub, there is an urgent need for developments that can offer integrated logistical solutions. Tijara Town will fill this gap in the market by offering a freehold project mix to enterprises such as service centres, car showrooms, furniture dealers and other businesses."
Tijara Town will offer world-class facilities and infrastructure to enterprises located in the development. The Tijara Town Trade Centre will be a premier consumer and trade exhibition facility where producers and retailers can permanently showcase and promote products. It will have a state-of-the-art exhibition hall, auditorium, serviced executive office suites and meeting rooms, multi-purpose viewing galleries, VIP lounges, restaurants and cafs.
Tijara Town's two four-star hotels will cater to the needs of business visitors with serviced apartments, a 24-hour coffee shop and fine dining restaurants.
The residential sector will feature traditional low to medium-rise buildings, and the commercial sector will house showrooms, warehouses and offices. The development will be serviced by retail outlets, schools and parks, and other community centres.
Construction has already begun on Phase I of Tijara Town, and is expected to be completed by 2008.
Dubai Properties has been instrumental in conceiving unique communities with projects such as Culture Village, Business Bay, The Villa and Jumeirah Beach Residence. With the launch of Tijara Town it aims to expand its portfolio of projects that contribute to the growth of Dubai.
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Note for Editors
Dubai Properties is a member of Dubai Holding and operates with the express aim of conceiving large-scale developments, transforming Dubai's vision into reality. The portfolio of projects handled by Dubai Properties is diverse and represents the highest quality of real estate in the region. Real estate offerings by Dubai Properties include the 1.7km long Jumeirah Beach Residence with The Walk as a promenade of retail and entertainment venues stretching the waterfront. Business Bay, the region's business capital offers the best corporate headquarters for international businesses. The Villas at Dubailand is another unique development from Dubai Properties offering hacienda-style residential communities. Recently Dubai Properties announced the AED 50 billion Culture Village, a unique development offering an elite lifestyle in an intellectually stimulating environment, with year-round world class cultural events.
For further information, please contact:
Linda Abdulhay
JiWin
The Public Relations Arm of Dubai Press Club
Tel: +971 4 3613333
Fax: + 971 4 3688001
Mob: +971 50 4824185
Email: Linda.abdulhay@jiwin.ae
Lama Kabbani
Dubai Properties
Tel: +971 4 3602775
Fax: + 971 4 3695300
Mob: +971 50 5536250
Email: lama.kabbani@dubai-properties.ae
© Press Release 2006
