Developer's first project completes phase 1 of construction on schedule

Dubai, UAE. February 8th 2015: Ibrahim Al Ghurair, the founder of pioneering real estate developer Muraba, is on track with his first development, Muraba Residences Palm Jumeirah and has confirmed that the first phase of construction is complete.

"It is important to us at Muraba that we deliver our first project on time so that we are able to handover to buyers from April 2016 as agreed. To that end, we have put in place key measures to ensure this happens in a systematic way and sought to avoid the pitfalls that cause other projects to be delayed," stated Mr Al Ghurair.

"We have seen projects fail because they start before the design is complete. One of the core principles of Muraba is that we must complete design, including the creation cycle of a mock-up unit to validate the design, so that when we go into to construction, the build is not only what we promised; but that we also don't hold the contractor back by changing our minds.

"To that end, Muraba Residences Palm Jumeirah is set to be exactly as per the design promise; an exceptional living space on the East crescent of Palm Jumeirah with a focus on style and design."

Conceptualised by world-renowned RCR Arquitectes, the high-end, low density apartment building will comprise 46 apartments and 4 penthouses with each living space orientated to make the most of the panoramic view across the sea to Dubai's city skyline.

Mr Al Ghurair added; "The building is aligned not only by its physical location with the rising and the setting of the sun, but also with a certain kind of mind-set; one that would be appreciative of a more sophisticated architectural philosophy, as well as keen attention to detail.

"Muraba Residences Palm Jumeirah has been designed 'from the inside out', with the resident in mind. As a result, the spaces are carefully considered, not just in their proportion and relation to each other, but also to how the light behaves throughout the day; from East to West and from dawn to dusk. It has been a joy to be part of this concept and to see something of a discernibly different quality come to fruition."

Prices start at AED 4.9m for Muraba Residences Palm Jumeirah apartments / for more information visit Muraba.ae

About Muraba
Muraba is a pioneering UAE developer that designs property from the inside out; creating remarkable spaces for living that evoke a sense of understated elegance and are identifiable as a distinctive address. Its first project, a G+9 low-density high-end apartment building, Muraba Residence Palm Jumeirah (on the island's east crescent), sets a new standard in apartment design and defines a new era in Dubai property.

For further information:
Manisha Dayaram
m: +971 56 225 2637
manisha.dayaram@muraba.ae

© Press Release 2015