Doha - Sabban Property Investments (SPI), the Gulf-based, family-owned real estate property development company, today announced the launch of their premium three residential towers, offering state-of-the-art finishing and technology, ultra modern one, two, three and four bedroom apartments and penthouses designed based on the charms of European-Mediterranean architecture of and stunning views of the sumptuous botanical treasures of Porto Arabia, which is set in the unique and urban context of The Pearl- Qatar.
During the launch, Issam Al Sabban, Chairman and CEO of Sabban Property Investments, commented by saying: "This is a remarkable day for us whereby we are offering investors and home owners a piece of this unique mixture between European fashion and Arabic culture within a bustling retail district. The apartments offer all the comforts of luxury designer living while retaining our own mission of creating thoughtfully designed communities".
"The extravagant 'Sabban Towers' on The Pearl-Qatar's Porto Arabia will contain upscale apartments and luxury penthouses which will be ready for occupation in 2007.
"We are now in the enviable position of being one of the first companies to build on this unique development which represents Qatar's first international real estate venture." Al Sabban said.
The Sabban Towers will offer unique community living in its own exclusive life style in the Marina of The Pearl-Qatar. These stylish tower apartments will lead the way in term of prestigious and attractive living owing to The Pearl Qatar's positioning as one of the Arabian Gulf's most glamorous addresses. The range of one, two, three and four-bedroom luxury apartments and penthouses in the Sabban Towers, with sweeping sea or picturesque views, come in three European architectural styles conceived to reflect The Pearl-Qatar's 'Riviera Arabia' positioning.
John A. Browne MBE, Managing Director of Sabban Property Investments, said: "In our tower homes, which are strategically positioned to allow uninterrupted marina views, we offer uncompromising high standards of finishing and technology that overlook the fantastic landscaped greenery and the bustling social atmosphere of Porto Arabia.
"We've gone to great lengths to provide this development with an aura of designer living coupled with the existing Qatar Marina lifestyle. The Sabban Towers mark the beginning of development on Phase One of The Pearl-Qatar's Porto Arabia, and will surely attract people with its exclusive leisure amenities, the relaxed waterside lifestyle and stunning beauty of the peninsula shaped district with its own retail area - it's a community of its own and modern living at its best!"
The Sabban community boasts numerous landscaped areas and water features, parks, a world-class swimming pool and Jacuzzi, squash courts, a health club, a games room, a business centre and 4 underground car parking levels for tenants and visitors.
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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 further information, please contact:
Fadi Hindash
Account Manager
Golin/Harris International
Capricorn Tower, 7th Floor
Sheikh Zayed Road
P.O.Box 116462
Dubai
UAE
Tel: +971.4.332 3308
Fax: +971.4.332 3306
Email: fhindash@golinharris.com
© Press Release 2005
