Company to Bring Dynamic Designs, Innovative Concepts and Efficient Technologies to Master Developments in Dubai

Dubai: 26 October 2008:  Injaz, leading property developer and subsidiary of Dubai Properties Group, today revealed its new strategy that aims to redefine the real estate market with its focus on conceptualizing and building sustainable communities and spaces.

During an invitation only ceremony at the Mina A'Salam Jumeirah, Injaz revealed its strategic vision, roadmap, and novel website to key stakeholders and business professionals. Presenting pioneering concepts dedicated to bringing top design and construction excellence to its stakeholders, Injaz also revealed its roadmap to deliver results with cutting-edge technology and ethical investment strategies.

Mohamed Al Dabal, CEO of Injaz, said: "Sustainability as an issue is not a choice but an imperative necessity when considering a mega real estate projects. How we live and the way we consume energy and space has implications not only on our lives but also the entire planet. We believe in this principle very strongly and will, therefore, endeavour to build and promote spaces that are not only aesthetically appealing and exemplify excellence, but also prove sustainable in the long run.

Injaz is committed to implementing international best practices in Dubai's competitive real estate industry. While benchmarking projects with global standards, the company will incorporate local architecture and property development values to reorient the construction of master communities.

Al Dabal added: "As pioneers in the field, Injaz will set new benchmarks for sustainable community developments. We believe that with our revamped strategy we will successfully offer creative solutions that will redefine the real estate industry in the region and overseas. We are living in definitive times, where the issues of environment and energy are topmost in people's minds. How we define and manage these issues will eventually shape the future of our world."

Injaz's current project portfolio is worth over AED 360 billion, developing over 900 million square feet of mixed used developments, including Jumeirah Beach Residence, Executive Towers, The Villa and Tijara Town.

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About Dubai Properties Group
Dubai Properties Group (DPG), a member of Dubai Holding, is a pioneering community developer that offers integrated and holistic services in real estate, retail, and hospitality and lifestyle management. Dubai Properties Group was established in 2008 to consolidate the operation growth of Dubai Properties different divisions into distinct business units. This evolution came from Dubai properties entity which aimed to contribute to the growth of Dubai by conceiving, developing and enhancing unique business projects.

With six synergetic lines of business, the Dubai Properties Group offers a sustained level of quality and excellence through its subsidiaries comprising Dubai Properties for customer service, sales and marketing interface; Salwan for property management services company; Injaz for the development of fully sustainable communities; Dubai Retail as the retail services company; Dubai Asset Management as the facilities management provider and community security services and Dubai Hospitality, as the hospitality field company.

Founded on principles of transparency, accountability, and dedicated customer focus, Dubai Properties Group aspires to become the best partner in providing unique lifestyles, by creating a world class organization that offers a wealth of industry knowledge and expertise through its people. DPG will constantly seek new and innovative ways in delivering comprehensive end-to-end solutions for its stakeholders, investors and business partners. In pursuing its ambitious objectives, DPG consciously works towards raising the benchmark of environmental standards while striving to reduce its carbon footprint in the countries and communities where it seeks a presence.

For further information, please contact:
Dalia Kazoun
Injaz
Tel: +971 4 363 6899
Fax: + 971 4 4351200
Email: dalia.kazoun@injazllc.ae

© Press Release 2008