Third tower launch of Dubai Marina's landmark project, apartments priced from AED 643,000
Dubai - After the successful launch of the first two towers at Dubai Marina's Park Island development last month, Emaar Properties today unveiled the third tower - the 24 storey Sanibel Tower. Park Island, the peninsula shaped development consisting of four residential condominium towers, offers upscale community living in an exclusive marina environment.
The ultra modern one and two bedroom apartments offer state-of-the-art finishing and technology. The four towers surround a central landscaped island with cascading waterfalls and stepped water features and are strategically positioned to allow majority of the apartments have uninterrupted marina views.
With Sanibel Tower apartment prices starting from AED 643,000, sales will be restricted to e-registration on the Park Island dedicated website www.emaar.com/sanibel from 10:00am on Saturday 18 June until 4:00pm on Sunday 19 June 2005. A random draw will take place on Monday 20 June to determine order of sales and applicants will be notified by e-mail of their numbers to attend the launch at Dubai Marina sales centre on Tuesday 21 June 2005.
"The strategic location of Park Island has made it one of the sought-after properties at Dubai Marina. With its unique location, exquisite design and picturesque surroundings set within a marina environment, the development reaches the heights of designer living," commented Naaman Atallah, Emaar Properties Director of Sales.
All Park Island apartments have maximum utilisation of interior spaces, designer suite finishes, stone countertops with breakfast bars and style cabinetry. The appliance collection includes hob, hood, oven, refrigerator, dishwasher and washer/dryer. They also include all the standard facilities offered in Dubai Marina homes.
Park Island access is by a controlled gatehouse with ramps providing access up to a podium level where the tower entrances are located including 4 levels of underground parking. Amenities include retail spaces within the complex, three parks, swimming pool, squash courts, mini theatre, a health club, gymnasium, games room, four guest bedrooms and business centre.
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About Emaar Properties PJSC:
Emaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market with an asset base of US$7.7 billion including the land bank. In 2004 Emaar was included in the Dow Jones Dubai International Financial Centre Arabia Titans Index. The company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base. Currently, it has several major real estate projects under various stages of development in Dubai including Arabian Ranches, Dubai Marina, Emirates Hills, The Views, The Meadows, The Springs, The Lakes, The Greens and Emaar Towers. The company also owns and manages the Gold and Diamond Park. Emaar has started construction on its most ambitious project to date, the Burj Dubai Development, which comprises The Burj Dubai, The Dubai Mall, The Boulevard, The Old Town, The Residences, man-made lakes and landscaped parks and gardens. The company also has joint ventures and projects across the region covering Saudi Arabia, Egypt, Jordan, Libya, Morocco, India and Pakistan.
While continuing to actively pursue expansion in its core business of innovative, high quality real estate development, Emaar has diversified into related business lines to further build value for its 41,000 shareholders, which includes the Government of Dubai. Emaar owns and manages two subsidiaries - Dubai Bank, focused on retail and commercial banking and EMRILL, a joint venture with the UK-based Carillion which provides innovative property and facilities management services. Emaar is also the majority shareholder in Amlak Finance, UAE's first mortgage finance company.
For more information, please contact:
Geoffrey Watson
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Tel: (+971 4) 335 5969
Fax: (+971 4) 335 6080
E-mail: k.home@asdaa.com
Kelly Home
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Tel: (+971 4) 335 5969
Fax: (+971 4) 335 6080
E-mail: k.home@asdaa.com
© Press Release 2005
