Handover to commence immediately

Dubai, December 7th, 2011: TAMEER Holding Investment LLC, a leading property developer in the Middle East, announced the successful completion of its 31-storey Silver Tower project in Business Bay, the newly developed commercial and business hub aimed at attracting leading businesses, multinationals as well as local corporations.

Business Bay has been purpose master-planned to provide the most conducive environment and infrastructure to conduct business, cementing Dubai's ranking on the Middle East business map once again.

With its strategic location right by the waterfront, and within walking distance to the Business Bay metro station, Silver Tower provides multiple commuting routes on Sheikh Zayed Road and Al Khail Road. Every floor of this 31-storey office tower has panoramic views of both the lake and the city, of which 27 floors contain individually created offices and 6 floors of parking, all fitted with state-of-the-art infrastructure.

Federico Tauber, President of TAMEER said, "We are very pleased to announce our Silver Tower in Business Bay is completed and ready for occupancy. The snagging inspection and handover process has been initiated and our valued customers will now be able to take possession of their premises and start their fit-out works, while others with prepared offices may move in at their convenience".

Silver Tower is one of the first buildings in the Business Bay area to receive all the necessary clearance certificates from local authorities and utility providers such as TECOM, DPG, DEWA, Empower and Dubai Civil Defence.

Testifying to its architectural character, Tauber added "the exterior facade exposes a unique appeal with its silver aluminium and ultra-chic executive grey glass architecture, while the interior is designed to make optimum use of space and light where every detail has been carefully planned".

Silver Tower is a premium freehold commercial property with a total built-up area of around 700,000 square feet, featuring a mixture of shell and core offices, 786 parking spaces, cafeteria, shaded seating area, community podium deck, 6 high speed elevators, retail space and commercial outlets.

"Fringed by imminent retail, dining and leisure possibilities, Silver Tower stands within a diverse relaxing environment in which to work and unwind from a demanding workday" concluded Tauber.

-Ends-

About TAMEER
Dedicated to the meticulous creation of comfortable living spaces and inspirational work environments, Tameer Holding Investment L.L.C. (TAMEER) emerged with an ambitious vision of developing as one of the most trusted brand names in real estate. TAMEER's commitment to pursuing perfection and its relentless search for innovation, distinguished it as one of the early pioneers in the fast-expanding regional market.

For more information, please contact:
Tameer Holding Investment L.L.C.
Marketing Department
Tel: 00971 - 4 - 407 5555

TRACCS
Farah Ibrahim
Tel: 00971 - 4 - 3672530
TRACCS 24/7 Media Hotline: 00971 -50- 9448389
Email: farah.ibrahim@traccs.net

© Press Release 2011