IRIS officially opened sales for its AED 600 million commercial development at a gala dinner presentation attended by 600 delegates
Dubai, UAE - 29th April 2008 - IRIS, one of the leading property developers in the region officially launched IRIS Crystal at a gala dinner held at the Al Ras Ballroom in the Intercontinental Hotel on Monday, 28th April, 2008.
The event was attended by 600 delegates including a number of local & international investors, consultants, architects, senior officials and media who were welcomed by IRIS with a detailed presentation of the development. Ashwin Sheth, CEO of IRIS and Managing Director of Sheth Estate commented, "the impressive growth of Dubai's economy has fuelled demand for office space in premium locations, and we at IRIS are proud to announce another iconic development in Dubai' prime business hub."
With the announcement, IRIS officially opened sales for IRIS Crystal with prices starting from approximately AED 2,976 per sq. ft.
Strategically located at the center of business bay, the five star luxury business development is a 25-storey freehold office tower offering 300,000 sq.ft of floor space and 12,000 sq.ft of retail space on the ground level.
Designed by internationally renowned architects, Aedas, IRIS Crystal will provide businesses with uninterrupted 280 degree panoramic views of Dubai' regional business hub. In addition, the commercial tower will have prominent architectural features and rich interiors with the finest fittings equipped with the latest innovative technologies. Tenants will have access to a diverse array of amenities, including health & fitness facilities, retail outlets and a state-of-the-art business centre, complemented by modern office infrastructure.
"The interior's design will ensure efficient use of space and light and will accommodate six high-speed elevators and 9 levels of parking that will help achieve complete customer satisfaction through unrivalled design, and incomparable aesthetics that will ensure a high return on investment." added Sheth.
IRIS Crystal will also offer over 672 car parking spaces and around the clock security including state-of-the-art CCTV systems, high speed internet connectivity in all units, and smart card access control.
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About IRIS
IRIS is a brand of futuristic real estate projects designed specifically for the UAE market by Sheth, India's leading quality property developer. Launched in Dubai in 2005 the brand embodies Sheth's tradition of uncompromising dedication to quality and innovation.
IRIS is established with the time tested values of its parent corporation, Sheth, as a leading construction house actively involved in building some of India's largest communities, leisure and business complexes and high-rise towers. Sheth's impressive portfolio boasts over 10,000 homes built, 50 projects completed and 6.61 million square feet developed in a history spanning over 21 years. This unmatched, high-end track record has consistently built a strong and lasting bond of trust between the corporation and its clients.
IRIS makes its debut with IRIS Blue, a luxury residential tower at Dubai Marina which has just recently been completed. IRIS' second project is the highly anticipated IRIS Bay, a half-moon shaped commercial building strategically located at Business Bay, facing Sheikh Zayed Road. The third project on IRIS' calendar is IRIS Amber, a residential building in the culture village.
For further information about IRIS, please contact:
Ashwin Sheth, CEO, IRIS
Tel: 009714-334 4115
Email: ashwin_sheth@hotmail.com/maria@iris.ae
© Press Release 2008
