Tameer Holding, the region's leading real estate developer, has announced the completion of the foundation raft of the Elite Residence, its ultra-luxurious residential tower located in Dubai Marina.
The foundation raft of the Elite Residence was completed in less than five months since the commencement of construction. On-site, the construction team continues to prepare the shuttering and formworks for the fourth level basement slab.
Managing Director of Tameer Dubai, Abdul Hamid Moukayed, expressed satisfaction with the advancement of construction on the Elite Residence, noting that Tameer was exerting additional efforts and planning carefully to avoid the obstacles that have faced other developers recently.
"At Tameer, we have undertaken strategic planning methods and formed alliances in order to avoid being caught in the trap of falling behind on delivery. This is part of our commitment to our customers throughout our projects," said Mr. Moukayed.
Design and engineering firm ASE Consultants has been appointed to consult on the Elite Residence, whilst the Arabian Construction Company (ACC) was awarded the main contract for the project.
"The decision to appoint ASE was based on our ultimate confidence in the firm along with its impeccable track record and portfolio. ACC was selected largely due to its all-encompassing knowledge and experience in high-rise construction. Since the Elite Residence is an exceptionally tall residential tower, it was a hugely decisive factor to ensure that we have only the best contractors for the project, a company that has immense knowledge and experience in working on such tall and luxurious structures," said Mr. Moukayed.
Situated at the heart of Dubai Marina - one of Dubai's most prestigious addresses - the Elite Residence carries this title in each and every right. Offering residents the last word in luxury, elegance and service, the towers are marvellously positioned to offer breathtaking views of the Arabian Gulf, with a postmodern design that features an unusual mixture of Victorian architecture finished in a futuristic layout.
The 91-storey, 380 metre high Elite Residence features only the most chic and stylish of fixtures from around the world with ground-breaking technology available in every unit turning everyday living into an ultramodern experience.
The winning teams from ASE. ACC and TPM working on the Elite Residence are also currently presiding on Tameer's Princess Tower, one of the world's tallest residential towers, located in proximity to the Elite Residence in Dubai Marina. Tameer's Princess Tower has currently reached the 30th floor.
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About TAMEER
Dedicated to the meticulous creation of comfortable living spaces and inspirational work environments, TAMEER Holding emerged with an ambitious vision of developing as the most trusted brand name in real estate during a time when the Middle Eastern real estate sector was defining itself. TAMEER's commitment to pursuing perfection and its relentless search for innovation, distinguished it as one of the pioneers that set the standards for the market from its inception.
TAMEER has experienced rapid exponential growth, increasing from a handful of dedicated individuals in 2005 to a diverse team of several hundred professionals today, simultaneously cultivating its project portfolio to over 30 landmark developments in the UAE, the GCC and the greater MENA region.
TAMEER has established itself as one of the dominant forces in the region's real estate scene, having entered a strategic partnership with the Al-Rajhi Investment Group, further enhancing its expertise and leadership in property development.
Selecting the most prestigious and premium locations in Abu Dhabi, Dubai and Northern Emirates, TAMEER's landmark developments include the iconic Tameer Towers, at Shams Abu Dhabi on Al Reem Island; The Gate Towers, a joint venture with Sorouh; Princess Tower in Dubai Marina, one of the world's highest residential structures; and the technologically ground-breaking Platinum Towers at Business Bay.
For more information, please contact:
Shabia Mantoo
Assistant Manager, Public Relations
Marketing Department
Tameer Holdings
+971 4 601 0600
www.tameer.net
Wajih Halawa
Account Manager
SAHARA Communications
Tel: +971 4 329 8996
Fax: +971 4 329 8995
Mobile: +971 50 240 3357
E-mail: wajih@saharagcc.com
© Press Release 2008
