Key event for dynamic young property developer
Dubai - Following the successful launch of 'Sabban Towers' on The Pearl-Qatar's Porto Arabia last week, Sabban Property Investments (SPI) are pleased to announce their participation at Cityscape; the international property investment and development event, which starts in Dubai on Saturday 17th September.
John A. Browne MBE, Managing Director of SPI, commented, "As a young dynamic company in the property development sector it is vitally important for us to participate in key regional property events. Cityscape is an established platform from which we can share the vision of 'Sabban Towers' as a community within a community among potential investors from the Middle East and further a field".
Only 20km from the thriving capital city of Doha in Qatar, 'Sabban Towers' contain both fashionable apartments and lavish penthouses, and provide an attractive investment option within the development. SPI launched its sales of residences in the first of its 3-tower cluster on The Pearl-Qatar with 155 units. Most have sweeping sea or picturesque views, and are available as upscale, one-, two-, three- and four-bedroom luxury apartments plus luxury penthouses. The units come in three architectural styles conceived to reflect the Pearl-Qatar's 'Riviera Arabia' positioning, and will be ready for occupation in 2007.
Strong core values reflected through a commitment to people, make SPI the trusted company it is. Connectedness, responsibility and an assurance that community and the environment will always be prime factors in measured growth, make SPI a respected developer in the region, and one with an exciting future to look forward to.
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About Sabban Property Investments (SPI)
Built on solid values that exemplify stability, social orientation, dynamism, personnel relations and commitment to ideals, Sabban Property Investments (SPI) is a Gulf-based family-owned real estate property development company. It is an integral part of one of Saudi Arabia's leading family businesses - Sabban Group of Companies. SPI was established with a vision to lead the field by creating opportunities for people to own their part of the region's prosperity. By building strong bonds with people, SPI aims to claim its share of the promising future of the Gulf region and to contribute to it in a significant and meaningful manner.
SPI is rapidly progressing to become a leading player in the real estate development industry. SPI enriches people's lives by creatively converting land into thoughtfully designed communities. This is achieved through a sincere commitment to its people, choosing only quality partners to work with, and with a basic belief that honest hard work and creative intelligence is the best way forward in the endeavour to craft a better life.
More than 50 years ago, Sheikh Abdulrahman Alsabban founded the Sabban Group of Companies comprising of diverse industries - property investment, hotels, hospitality, construction, furniture, tourism and car parking management. His foresight helped lay the solid foundation on which the Group prospers today. The sky is the limit for the Sabban Group of Companies which continues to invest in new business opportunities.
In May 2005, Sabban Property Investments (SPI), announced its plan to build three residential towers (the Sabban Towers) on Porto Arabia, the main marina of The Pearl-Qatar, a US $2.5 billion island being reclaimed offshore from the Qatari capital of Doha. This makes SPI one of the first companies to build on the unique development, Qatar's first international freehold real estate venture.
About alshamel Properties Investment & Development (PID)
The marketing of the Sabban Towers is carried out by the UAE based alshamel Properties Investment & Development (PID) and their Doha branch; LifeStyle Homes & Properties, established in 2004 to serve properties developers in the region. As a fully integrated property development company they offer the ability to develop a project from start to finish.
alshamel PID consists of an enthusiastic team of dedicated professionals with experience in all the various disciplines involved in real estate development and project management. They are supported by a network of independent specialists such as architects, engineers, and property managers, who can be called upon for project specific tasks, as well as subcontractors in the construction trade. The company takes pride in its superior ability to bring a project from concept to reality.
alshamel PID is unique in targeting projects that focus on 'quality lifestyle' and 'community living'. The company has a reputation for unique customer service and consistently works towards sustainable development, as a key principle.
In 2005 alshamel established Lifestyle Homes & Properties for the management of property sales in Doha, Qatar. Their inaugural project is the complete sales management of the residences within the Sabban Towers on The Pearl-Qatar. Sales of the one, two, three and four bedroom apartments and the penthouses, officially launch on 6th September 2005 prior to the Qatar Real Estate Exhibition.
For more information please contact:
Fadi Hindash
GolinHarris
Capricorn Tower
7th Floor
Sheikh Zayed Road
P.O.Box 116462
Dubai
UAE
Tel: 971 4 332 3308
Fax: 971 4 332 3306
E-mail:fhindash@golinharris.com
Heba Hassan
GolinHarris
Capricorn Tower
7th Floor
Sheikh Zayed Road
P.O.Box 116462
Dubai
UAE
Tel: 971 4 332 3308
Fax: 971 4 332 3306
© Press Release 2005
