Positioned as 'the defined height of luxury', Pentominium stands tall at 516 mts.
Will offer a hand picked bouquet of premium luxury brands including Rolls Royce, Swarovski, Bang & Olufsen, Tiffany & Co., Quintessentially, Davidoff, Azimut Yachts, Six Senses Spa combined with the winning interiors by Hirsch Bedner Associates and world renowned architects Aedas.
Dubai, UAE, October 14, 2007: Since its official unveiling at MIPIM in Cannes earlier this year, the accolades for Trident International Holdings (TIH) latest luxury offering 'The Pentominium' have only been witnessing a northward movement. The project, which has been creating waves in the international property market and which is aimed at redefining the very essence of luxury living, has been nominated for the "Best Property in the World" for the CNBC International Property Awards - the Oscars of the property world.
Adding to its significance is the fact that The Pentominium is the only property from the Middle East, to be nominated in this category and also one of the five highest scorers from all the entries worldwide in the same category. The awards will be presented at a high level celebrity dinner at the Bellagio Hotel, Las Vegas on 16th November 2007, which will coincide with the largest realtor exhibition in the world, the National Association of Realtors conference and expo.
Commenting on this momentous achievement Mr. Wazir Daredia, Executive Director and CEO, Trident International Holdings, said: "We are pleased to be a part of the industry's most prestigious awards programme the 'CNBC International Property Awards', which offers an ideal global platform of excellence for property developers to showcase their projects. Furthermore, we are also extremely proud of the fact that our latest luxury living offering 'The Pentominium' has been nominated for the esteemed "Best Property in the World" category. It has in the process also become the only property in this category from the Middle East, further vindicating the growing reputation of the GCC, especially the UAE, as one of the most attractive property markets globally."
As per the industry resources in the past three years, the total value of residential property in developed economies has increased by an estimated $20 trillion, to over $60 trillion, and the value of the real estate projects in the GCC, Iran and Iraq has already crossed $750 billion. This clearly indicates region's contribution to the global property market. In many respects, the Gulf region, especially Dubai, Saudi Arabia and Kuwait, has seen a real estate boom in the last few years perhaps unparalleled elsewhere in the world. Through its nomination of 'Best Property in the World' for the CNBC International Property Awards, the Pentominium, will further help showcase the regions realty sector prowess on a significant global platform.
Now entering its 13th year, the CNBC International Property Awards aim to distinguish the highest levels of achievement in a range of property-related fields. The awards that are truly global, which allows entrants from any country, has award categories encompassing estate agents, property developers, architects, interior designers and many other areas of the residential property trade. This year's awards include entrants from nations such as, Turkey, Thailand, Spain, USA, South Africa, Greece, Cyprus, etc.
"However, given this backdrop and in spite of stiff global competition, we are extremely confident that The Pentominium will still stand distinctively apart, as arguably the most luxurious residential tower in the world. Our strategic alliances with some of the leading brands that prominently feature on the World Luxury Index will further help vindicate this claim," added Mr. Daredia.
Positioned as 'the defined height of luxury', The Pentominium, has taken the concept of luxury living to a new level offering a lifestyle molded to cater to connoisseurs accustomed to living in luxury-sensitive communities. Standing tall at 516 m, this boutique development offers for the first-time ever, a hand picked bouquet of premium luxury brands - Rolls Royce, Swarovski, Bang & Olufsen, Tiffany & Co., Quintessentially, Davidoff, Azimut Yachts, Six Senses Resort & Spas combined with winning interiors by Hirsch Bedner Associates.
Elaborating on the projects positioning Mr Daredia stated: "The Pentominium will create a world class proposition that is an ultra-exclusive offering to its high profile residents with the best luxuries available anywhere in the world on a single platform."
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About Pentominium:
Strategically located at the exclusive Dubai Marina, the Pentominium will a rise up a majestic 120 floors. An individual unit will take up a complete floor of the tower providing over 6500 sq.ft of unsurpassed private world class luxury. Each floor will have its own exclusive private foyer with each unit equipped with state of the art biometric access control. To create an architectural masterpiece that is in itself iconic, Pentominium boasts entire floors which are uniquely suspended in mid air, causing an illusion of floating penthouses in the sky.
Pentominium is being designed by award winning, world renowned architects and designers Aedas. Based in Britain, with offices around the world Aedas already has to its credit a reputation for creating striking buildings and developments, many of which are already in Dubai and across the Gulf. Interior design of Pentominium is being undertaken by Hirsch Bedner Associates, exclusive designers of Ritz Carltons, Grand Hyatts & Four Seasons worldwide.
There will be a dedicated Concierge Service by Quintessentially, the international private members club. This service will be available 24 hours, 7 days a week to cater to every requirement of the Pentominium residents-whether local or global. Addiniotnally, through its series of unique alliances, Pentominium residents will be owners on a shared ownership basis to a fleet of premium automobiles including Rolls-Royce Phantom that come as a part of this unique lifestyle experience Pentominium has to offer. This experience will be further accentuated with world renowned Azimut yachts for leisurely trips across the expanses of the Arabian Gulf.
The tower boasts a world renowned spa, exclusive to its distinguished residents which will be run by Six Senses Spas, the operators of a number of premium world class health resorts around the world including the multi-award winning Soneva Fushi in the Maldives, itself one of the top 10 spas in the world as rated by Forbes.
All public areas at the Pentominium will be crystallized by Swarovski with each individual unit fitted with state of the art sound equipment provided by Bang & Olufsen, while Pentominium's exquisite Cigar Lounge will be by Davidoff and its business lounge that is to overlook Dubai's majestic Palm Islands will be accessorized by exclusive Tiffany & Co. accessories.
Pentominium can be classified as the latest benchmark in "Concept Realty Sector". The global luxury real estate sector has rapidly evolved into concept realty- significant differentiation factors and unique product attributes are what the rich and the famous are looking for. This kind of residential proposition is as perfect match for Dubai, which has fast established itself as synonymous with the word luxury.
About Trident:
As of date, Trident International Holdings have launched five luxury freehold residential projects all located at the Dubai Marina. The Waterfront is a boutique 20-story tower that is nearing completion. The second project is the twin tower Marinascape comprising of two grand residential towers, the 35 storey 'Oceanic' and the 25 storey 'Avant' towers, cumulatively comprising of over 200 waterfront condominiums along with Marina Homes. Bayside Residence is the third project that shoots up 22 floors, 4th one is the Trident Grand Residence, a 45 story project comprising of 253 magnificent condominiums & luxury penthouses while the last one being the Pentominium, the lasted addition to its luxury bouquet.
Trident International Holdings is a global group engaged in diversified corporate activities with presence in major cities world wide. TIH was incorporated with a committed focus on up market and super luxury living and has since revolutionized this concept of 'luxury living' in the Middle East. Trident has pioneered some bold concepts related to up market luxury living, most of which are benchmarks in the industry
For further information please contact:
Nikhil D'Rozario/ Dolly Nadar,
Percept Profile Gulf,
00971 4 3446373
nikhil@perceptprofilegulf.com / dolly@perceptprofilegulf.com
© Press Release 2007
