Dubai
Properties, one of the leading master developers
in the UAE and a member of Dubai Holding,
attracted crowds of GCC investors and businessmen
at the International Real Estate & Investment
Show 2006 (IREIS) taking place in Abu Dhabi.
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Dubai
Properties' stand covered 108 square meters
and showcased the master plan of the Business
Bay, and a model of the newly launched Vision
Tower. Information and brochures for Dubai
Properties' other projects namely Jumeirah
Beach Residence and The Villa at Dubailand
were also available at the stand.
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The
4-day property show took place at the Abu
Dhabi International Exhibition Center from
the March 22nd to 25th
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' 'Our
participation in International Real Estate
and Investment Show comes after a successful
exhibition in France at MIPIM 2006. In both
exhibitions we have noticed a trend towards
commercial investments in the regions, particularly
from GCC countries which have booming economies
as well. Their confidence in our projects
is a sign that we are on the right track,
providing what investors are looking for,'
commented Hashim Al Dabal, CEO of Dubai Properties.
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The
Business Bay development has been the main
attraction for investors and businessmen from
the GCC. Stretching from Ras Al Khor along
Al Khail Road to Sheikh Zayed Road, Business
Bay offers world class infrastructure and
free hold status to commercial enterprises.
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The
Executive Towers in Business Bay were the
first projects announced in the development
by Dubai Properties. The twelve towers feature
residential, commercial, hospitality and retail
sections, all centrally linked by shaded pathways
and open courtyards along the extended Creek.
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Earlier
Dubai Properties had announced that extension
work on Dubai Creek is proceeding on schedule
and 3.2km have been completed so far.
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Dubai
Properties also reported increased interest
in its new venture Vision Tower, a stand-alone
free hold office tower located at the main
entrance of Business Bay. The 60-storey tower
offers 500,000 square feet of customized office
space behind an iconic bent glass façade
overlooking Sheikh Zayed Road and the waterways
of Business Bay.
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'Vision
Tower is quite popular among exhibition visitors
and this is the first exhibition in the UAE
where we have showcased this tower since its
launch last month. The contemporary architecture
and glass exterior of the building appeals
to the vision of a modern Dubai,' concluded
Al Dabal.
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The
IREIS 2006 is the only exclusive international
platform for the real estate industry and
allied sectors to meet and network with home
buyers and investors from the UAE, one of
the most buoyant and promising property markets
of the GCC region.
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