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- NIC-led Projects Now Cleared by Municipality for Sale for UAE Nationals -
Abu Dhabi - National Investment Corporation (NIC) has officially completed validation, endorsement and registration of Fairmont Marina Residences and Marina Sunset Bay as real estate development projects at the real estate records of the Land Department with the Municipality of Abu Dhabi.
In addition, Nationwide Middle East Properties LLC., a leading and Abu Dhabi-based Real Estate broker, has been awarded, through a tender, to market and sell both “Fairmont Marina Residences” and “Marina Sunset Bay” projects.
The two projects are the latest in ultimate luxurious residential units to be located at the breakwater area, Abu Dhabi City and are set to be completed by the third and fourth quarter of 2017 respectively.
A Senior Director at the developer National Investment Corporation (NIC), stated: “The initial interest in the Fairmont Marina Residences, Abu Dhabi development has been tremendous amongst Abu Dhabi residents. There is strong demand for these luxury apartments. Fairmont Marina Residences combines the best of city living and a breathtaking location with unrivalled lifestyle benefits offered exclusively by a signature hospitality brand Fairmont, with which we have a long-standing and successful partnership.”
“As a global hospitality company, AccorHotels (which includes Fairmont Hotels & Resorts as one of its luxury brands) has exceptionally strong residential expertise and combined with Abu Dhabi as one of the fast growing markets in the region, we are excited to be part of this exciting mixed use development,” said Sami Nasser, Chief Operating Officer, Luxury Brands, AccorHotels Middle East. “We’ve enjoyed success at Fairmont Bab Al Bahr and widening our footprint to now include this latest flagship will further our goal of being the preferred hotel and residential operator in addition to building brand equity.”
Marina Sunset Bay which is adjacent to Fairmont Marina Residences, Abu Dhabi is a new addition to the portfolio of high-standing, luxury projects developed by National Investment Corporation (NIC) and managed by Marina Facilities Management (MFM). Conveniently located next to Marina Mall Abu Dhabi, the private residential estate on the breakwater with stunning views of the Arabian Gulf will also be environment friendly. Comprising 67 luxury villas, Marina Sunset Bay features four rows of premium villas, including five, six and seven waterfront bedroom units.
Fairmont Marina Residences, Abu Dhabi by Fairmont Hotels & Resorts – a company renowned for its luxury portfolio across the globe – is also among NIC’s upcoming projects. The unrivalled, luxury beach resort with breathtaking views of the capital’s skyline comprises of a 38-story residential tower of 249 units and a 563 guestroom hotel tower. Fairmont Residences are serviced, fully-furnished, homes with lavish interiors that reflect the local heritage and culture. Units range from 100 square meters for a one-bedroom apartment to over 300 square meters for a four-bedroom apartment, each providing spectacular views and exceptional owner benefits.
Ameen Al Qudsi, Chief Executive Officer of Nationwide Middle East Properties said “We spotted a big interest in the “Fairmont Marina Residences”, and we expect an increased demand for these luxurious residences with their privileged location which combines the benefits of staying in the city, and providing a luxury lifestyle”.
In addition to concierge and a dedicated Owner Services team, residence owners will be able to look forward to à la carte residential services such as housekeeping, childcare, grocery shopping and a private chef on demand. Owners will also enjoy the facilities at the Fairmont Marina Resort, including beach access, kids club, fitness center, spa, restaurants and lounges, and state-of-the-art meeting and function space. They will also receive membership in Fairmont’s exclusive Owner Benefits. With to access to special events, benefits and services, members will also enjoy savings on best available room rates at over 70 Fairmont properties worldwide as well as across the Swissôtel and Raffles portfolios.
For more information, visit www.fairmontmarinaresideces.com or www.marinasunsetbay.ae or contact Nationwide at info@nwmea.com or call 80014444.
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About Fairmont
Fairmont Hotels & Resorts connects guests to the very best of its destinations worldwide, providing travelers with memorable travel experiences, thoughtful and attentive service and luxury hotels that are truly unforgettable. Each Fairmont property reflects the locale’s energy, culture and history through locally inspired cuisine, spirited bars and lounges and distinctive design and decor. With more than 70 hotels globally, and many more in development, the Fairmont collection boasts some of the most iconic and distinctive hotels in the world. This extraordinary collection includes The Plaza in New York, The Savoy in London, Fairmont Grand Del Mar, Dubai’s Fairmont The Palm, Fairmont Peace Hotel in Shanghai, Fairmont San Francisco and Fairmont Le Château Frontenac in Québec City. Fairmont is part of AccorHotels, a world-leading travel & lifestyle group and digital innovator offering unique experiences in more than 4,000 hotels, resorts and residences, as well as in over 2,600 of the finest private homes around the globe. For more information or reservations, please visit fairmont.com.
About National Investment Corporation (NIC)
The National Investment Corporation (NIC) was established in 1999 for the development of the Breakwater area in order to optimize the use of this prime location for economic, social, entertainment and tourism purposes. The corporation’s first project, Marina Mall, opened in 2001 to much acclaim, having been very well received by both tenants and shoppers. NIC continued its growth with Marina Royal in 2006 – a residential compound consisting of 100 top luxury villas, wherein all units enjoyed unparalleled sea views. Also in 2006, the first extension of Marina Mall from the West was completed and opened to the public. Four years later, NIC converted the Marina Village compound into an Office Park in order to maximize returns to the shareholders and cater to a demanding market. The National Investment Corporation is headquartered in the Emirate of Abu Dhabi, with the corporate head office located in Marina Mall. For more information, please visit www.nicuae.ae.
About Nationwide Middle East Properties LLC (NWMEA)
Nationwide Middle East Properties is a company from the UAE, operating in the UAE.
Out of the experience of its founders, Nationwide was born to serve the population and to deliver the best real estate solutions in the UAE.
Specializing in Abu Dhabi, Nationwide has placed itself ahead of competitors by maintaining the high quality standards to proudly deliver turnkey solutions in the easiest and most convenient way.
Nationwide Middle East Properties combines the expertise of around 70 employees delivering 360 degree= state-of-the-art services.
© Press Release 2017
