The Abu Dhabi-based real estate pioneer evolves into a truly global developer with focus on

great living and celebration of life.

DUBAI (United Arab Emirates), 13 May 2008: Hydra Properties, the leading UAE real estate developer, announced the launch of regional sales of its units in their luxurious Hydra Waves project at the beach city of Mazatlan in Mexico, at Abu Dhabi Cityscape, being held from 13-15, May 2008.

Commenting on the launch of sales of units at Hydra Waves, Dr. Sulaiman Al Fahim, Chief Executive Officer of Hydra Properties, said: "Hydra Properties has managed in a very short span of time to emerge as a leading real estate developer in the UAE. Now we have left the shores of the UAE to truly evolve into a global realty developer. It gives me great pride to announce the sales of our project in Mexico. Here is an opportunity for all of you to become part of the luxurious project on the beaches of Mazatlan. I'm sure Hydra Waves will be admired for its grand design and innovations in lifestyles."

This is the first time the Hydra Waves units are on sale in the region. The project is expected to be completed within 30 months from 15, May, 2008.

The Hydra Waves comprise a number of towers, including the 37-storey Hydra Waves Beach Front Tower facing the main seafront in the heart of the Golden Zone between Islas del Sol Resort and El Cid.  It is the tallest condominium tower in Mazatlan.

Built on a 4614 square metres area, the Hydra Beach Front Waves Tower will have 172 fulltime condominium units. The Hydra Waves Beach Front Tower will be the first structure of its kind to boast a 500 square metre rooftop restaurant.

The second phase of the project has a 26-storey, five star hotel towers with 500 rooms and a group of 18-story time share buildings on the seafront.

The hotel is designed to herald tourists into hitherto unseen or unheard zone of luxury. The one thousand apartments coming up in the same vicinity will provide accommodation to those seeking their own residential space with a sea-view.

Reaffirming Hydra Properties' philosophy that has taken the UAE-based company to the Latin shores and the launch of Hydra Waves in Mazatlan, Dr. Al Fahim, said:

"Hydra's philosophy goes beyond brick and mortar. Hydra's each project is designed to be a living organism, blending in with ecology and breathing nature's pristine energy, so that you don't feel trapped inside the steely and concrete claws of your apartments. Each day, Hydra strives to make its spaces radiate with positive energy so that you get more from life."

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About Hydra Properties
Hydra Properties is a privately owned company, established in 2006 in Abu Dhabi, the capital of UAE. The company was established with a vision to provide the UAE, Middle East and the world with unprecedented development concepts which are reflected in the company's various landmark projects. Since inception, the company has embraced the best international building criteria and has introduced fresh concepts in design and materials.

At Hydra Properties there is a firm belief in the humanizing factor. Real estate is not only about space, steel and concrete but is actually a living organism. That is why we always aspire to create spaces that nurture and accommodate the human side of real estate.

Hydra Properties does not only see itself as only a real estate development company.  Hydra Properties has clear social commitments and responsibilities. Hydra never misses an opportunity to give back to society through its endless community activities in the areas of cultural awareness, support to sport activities and providing major community service through its active and ongoing role in supporting health, education and social institutions.

Hydra Properties has rapidly expanded in the UAE with several mega projects in Abu Dhabi and Dubai. Relentless efforts have allowed it to expand globally into Mexico, where it has developed 'Hydra Waves', one of the finest luxury projects in North America.

The company nurses more global ambitions and will soon launch projects across the continents.

On the web www.hydraproperties.com

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© Press Release 2008