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16 December, 2013

'Centurion Star Tower' launched - The first freehold commercial property in Deira

Dubai, UAE, December 16th, 2013: 'Royal Star International', and 'Centurion Residence Limited', have entered into a joint venture to launch the 'Centurion Star Tower' project. This first freehold commercial property in Deira is an elite office business centre that is spread across two twin mirror image buildings, with a total built up area of 492,000 square feet. This 12 storey office building

This ready to move in 492,000 square feet property is just 10 minutes away from the airport and is located opposite Deira City Centre
Dubai, UAE, December 16th, 2013: 'Royal Star International', and 'Centurion Residence Limited', have entered into a joint venture to launch the 'Centurion Star Tower' project. This first freehold commercial property in Deira is an elite office business centre that is spread across two twin mirror image buildings, with a total built up area of 492,000 square feet. This 12 storey office building will have freehold retail spaces and offers magnificent views of the creek and Dubai Creek Golf and Yacht Club. Finance facility on this project is provided by Mashreq Bank.

"Commercial real estate sector is set to take a giant leap forward and with Dubai winning the Expo2020 bid - this has now become a reality. To further emphasise the win we have the Expo 2020 logo embedded in our landscaping and lighting features. There is a major gap that we have filled in by launching this office property that is located in the heart of the city. There is a huge demand for our project due to the exponential growth that the city is currently experiencing. We have a lot of enquiries from local business entities and overseas investors who would want to enter UAE and set up their businesses. All they are looking for is a good property with all the amenities and a perfect location to conduct their businesses. Centurion Star Tower is embedded with all these features and has a great corporate personality coupled with a great business address," said Hamzah Abu Zannad, Director of Operations, Royal Star International.

The office sizes start from 800sq.ft. to 1500sq.ft and ideal for small and medium businesses. Centurion Star Tower has 168 offices, 22 shops, rooftop pool with sunbathing decks, 4 gymnasiums, 2 sauna and 2 steam rooms, male and female prayer areas among other amenities and 375 parking bays for owners and their visitors. More than 40% of the land plot has been dedicated to public landscaping, greenery and fountains adding to the beauty of the building and the entire neighbourhood. In the congested and bustling area of Deira, the building's private drop off and valet area offers great convenience, and swift accessibility. The office sizes start from 800sq.ft. to 2000sq.ft and ideal for small and medium businesses.

"Dubai is a safe haven for investors and a world class business hub. Centurion Star Tower will stand as a testimony to Deira's performance as a prime business centre - the core of Dubai's busy trading centre. Deira will always retain the status of being the commercial business district of Dubai - as the first chapter of trading was conceived here," added Hamzah.

Strategically located in the heart of Deira, the property is just 10 minutes away from the airport and is less than one minute away from the Deira City Centre metro station. Centurion Star Tower is positioned in the middle of Port Saeed area and is opposite Deira City Centre.

The 'W' shaped buildings are uniquely designed to capture the essence of the surrounding area of Deira and its creek. The offices enjoy floor to ceiling windows to maximize natural sunlight which promotes healthy workplace atmosphere. Centurion Star Tower has been engineered to offer modern and functional attributes to the tenants, the double height lobbies create a grand entrance that suits a landmark building that sits on its own city block.

"Through this joint venture we are aiming to launch many other prime properties in the near future. Centurion Star Tower is a ready property and we wanted to go ahead with a ready property instead of going for an off plan project.  The property is ready to move in and is a great place for any business to just get in and start performing. They can be productive from day one," concluded Hamzah.

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About the developer:
Royal Star International is a world leading developer in mega shopping centres. With more than 11 shopping malls under its belt with one being the largest shopping mall in the world in terms of number of shops. A total of 2 million square meters covering all categories of the real estate sector have been delivered within 20 years of the company's operation. 

Centurion Residence Limited is a part of Centurion Group of Companies. The Group is founded and headed by Mr. Manoj Kumar Garg, who has a vision and instinct to deliver infrastructural facilities in the projects undertaken by the group. The endeavour of the group has always been to meet the ever expanding demands and needs of the customers as per the dynamic real estate market. The group is committed to its infrastructure projects and is currently undertaking various residential and hotel projects across UAE. Please visit www.centurionstar.com for more details.

For further information please contact:
Prem A. Ramachandran
Managing Director,
White Water Public Relations
GSM:0097150-4537253,
PO. Box 18936, Dubai, UAE
Email: prem@whitewaterpr.com,  www.whitewaterpr.com

© Press Release 2013