Property development arm of Abdul Rahman Saad Al-Rashid & Sons Co. announces premium development in Downtown Dubai
ARTAR Real Estate Development has announced the launch of Mada Residences, a premium lifestyle development located in Downtown Dubai. The luxury residential project is the first in the UAE from ARTAR, the property development arm of Abdul Rahman Saad Al-Rashid & Sons Co, a group with over 50 years of regional construction and development excellence.
Located in Dubai's premium lifestyle district, Downtown Dubai, Mada Residences comprises a total of 193 spacious units of various sizes. With floor areas starting at 882 sq. ft. and with prime use of floor-to-ceiling glass throughout, each unit has been styled to be light, airy and roomy. Residents at Mada Residences will have access to a luxury roof-top swimming pool, children's pool and terrace lounge that offer stunning views across the city, as well as enjoy sauna and steam rooms, Jacuzzi, a state-of-the-art gym and a multi purpose residents lounge.
"Mada Residences has been launched to bring a new standard of living to one of the most sought after addresses in the UAE, Downtown Dubai. Each apartment, whether one, two, three or the exclusive four-bedroom, is highly appointed and characterised by generous living areas and modern finishes. Our intelligent design focuses on a spacious, well-designed and crafted 'livable' property - this shines through in every apartment at Mada Residences," said Sulaiman Abdulrahman Al Rashid, CEO of ARTAR Real Estate Development L.L.C.
Apartments in Mada Residences are being made available to customers through a special investor-friendly payment plan from ARTAR, which requires 30% during the 1st year and the final 70% percent to be paid upon completion of the project. The company is in the process of establishing commercial arrangements with local banks to facilitate convenient finance terms for its customers.
"ARTAR Real Estate Development is committed to providing exceptional workmanship to create well-crafted liveability. Mada Residences is the company's first premium residential offering in Dubai and boasts all the hallmarks of our construction excellence that has made us such a force in Saudi Arabia. We are delighted to make Mada Residences available to investors - blending livability with an customer-friendly payment plan in a superior location in Downtown Dubai," he added," added Al Rashid.
Already an established and prominent name in the Kingdom of Saudi Arabia's real estate sector, ARTAR has built on its high standing by extending its reach to become a global developer. The company is classified as an 'A' Class contractor by the Contractor's Classification Agency and has a reputation for uncompromising integrity, well-planned engineering and efficient creation of spaces that merge livability with value.
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About ARTAR Real Estate Development L.L.C.
Established in 2014 and located in Dubai, ARTAR Real Estate Development L.L.C. is the property development arm of Abdul Rahman Saad Al-Rashid & Sons Co. (ARTAR), a Saudi-based diversified conglomerate with interests that span numerous industry sectors. Formed as a specialist entity that draws on the huge array of expertise and experience that ARTAR has accrued in real estate development in its Saudi Arabia heartland, ARTAR Real Estate Development L.L.C aims to become a key player in Dubai's real estate market through several major development projects it is undertaking in the near future.
ARTAR Real Estate Development L.L.C. is committed to ARTAR's corporate philosophy of world-class innovation allied to great leadership. The company's ambition is to be at the forefront of Dubai's dynamic real estate market through employing ARTAR's winning business model that is underpinned with the pillars of knowledge, acumen and expertise. ARTAR Real Estate Development L.L.C. prides itself on its second-to-none quality assurance mechanisms. The organisation's uncompromising quest to deliver the very best is an imperative designed to provide long-term benefits to investors and customers.
© Press Release 2016
