A complement to the Doha Road enhancing traffic infrastructure. Access adds convenience of residents and hotel guests. Several retail outlets, new hotels open within Downtown Burj Dubai
Dubai, UAE; July 23, 2007: Emaar Properties has announced the opening of a new access road to its flagship Downtown Burj Dubai development. The new road will add to the convenience of residents and guests visiting the newly opened retail outlets and hotels within the 500-acre mega-project. In addition to two new hotels and a number of leading retail outlets, Downtown Burj Dubai is already buzzing with community life, with Emaar having handed over several residential projects to buyers.
The new access road from Sheikh Zayed Road, near the Millennium Tower, complements the existing access road to Downtown Burj Dubai via Doha Road. The road enhances traffic access to The Old Town and The Residences, two residential developments, which has welcomed its first residents. It will also provide greater accessibility to Burj Dubai Square, a dedicated commercial development.
"One of the important considerations in any residential and commercial development is the traffic infrastructure it provides," said Fred Durie, Executive Director - Development, Emaar Properties. "We have been working in co-operation with the Roads and Transport Authority to enhance the road network that connects to Downtown Burj Dubai. We are thankful to them for completing the new access road swiftly and in adding to the convenience of our residents and visitors."
He added: "Downtown Burj Dubai is now fast gaining ground as the new downtown of Dubai. Its mix of hotels - Al Manzil and Qamardeen, which are already open - and retail outlets have greatly boosted traffic flow to the area. With the Souk Al Bahar and The Palace hotel to open at The Old Town Island later this year, Downtown Burj Dubai will be the must-visit destination for residents and tourists."
Downtown Burj Dubai now features supermarkets, DVD rental facility, bank and ATM, opticians, dry-cleaners and hairdressers, in addition to a series of cafes and restaurants that have opened at Al Manzil and Qamardeen. Several innovative dining concepts and a spa will open at The Palace, The Old Town, managed by Sofitel.
Al Manzil and Qamardeen have swiftly established as business and leisure hotels and enjoy strong occupancy levels. The Arabesque-style Al Manzil is linked to a traditional shopping mall and has 197 rooms, fully-equipped business centre, meeting facilities and themed restaurants. Qamardeen also reflects the Arab architectural ethos, and has 186 spacious rooms, leisure facilities, meeting rooms, boutique shops and F&B outlets. Both are managed by Southern Sun Middle East, a renowned hospitality group.
Downtown Burj Dubai, an AED 73 billion (US$20 billion) development has a detailed mix of residential, commercial, leisure, retail and hospitality components, set amidst a long boulevard, landscaped gardens and a lake. Burj Dubai, the tallest building in the world, forms the center of the project. Another key component is The Dubai Mall, one of the world's largest shopping and entertainment destinations, ready for completion next year.
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About Emaar Properties PJSC:
Emaar Properties PJSC is one of the world's largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. Powered by its Vision 2010 to become one of the most valuable companies in the world, Emaar is charting a new course of growth with a two-pronged strategy of geographical expansion and business segmentation.
Replicating its successful business model in Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Emaar is also developing new competencies in retail, hospitality and leisure, education, healthcare, finance and industry, which have evolved from its integrated approach to customer service and property development.
Listed on the Dubai Financial Market, part of the Dow Jones Arabia Titans Index and certified to ISO9001:2000 for quality standards, Emaar is developing Burj Dubai, on its way to become the world's tallest tower, and The Dubai Mall, one of the world's largest shopping and entertainment destinations. In Saudi Arabia, Emaar is developing King Abdullah Economic City, the region's largest private sector-led project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Egypt, Turkey, Libya, India, Pakistan, Indonesia, the US, the UK, France and Canada.
An award-winning developer, Emaar has strengthened its product sale competencies, market reach and best practices through strategic acquisitions and joint ventures. Emaar acquired John Laing Homes, America's second largest privately held home builder; Hamptons International, UK's premier realtor; and formed a joint venture with US-based Turner International to strengthen execution capabilities.
Emaar has joined hands with Giorgio Armani and Accor Hotels to strengthen its presence in hospitality, and will launch ten luxury Armani resorts and hotels world-wide and 100 Formule 1 budget hotels in India. The company is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent. Emaar acquired Singapore-based leading education provider, Raffles Campus, to extend expertise to its educational institutions.
Emaar holds 30 per cent equity in Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in Amlak Finance, UAE's leading Islamic home financing company. For more information, visit www.emaar.com.
For further information please contact:
Kelly Home
Nivine William
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 335 5969;
Fax: (+971 4) 335 6080
E-mail: k.home@asdaa.com,
E-mail: n.william@asdaa.com
© Press Release 2007
