Al Madar unveils AED 300 mln. Siraj Tower in Dubailand (UAE)

Al Madar Property Investments, a leading property developer in the GCC and part of the Al Madar Group, today (Tuesday, November 13, 2007) announced the launch of its AED 300 mln. (approx. €51.12 mln.) Siraj Tower, located at Arjan, the master planned development within Dubailand, the world's most ambitious tourism, leisure and entertainment project, catering to the needs of the entire family. The design of the 30 story luxurious residential tower is inspired by Spanish and Roman architecture.

Siraj Tower in Dubailand

The 30 story residential tower, with studio, one, two and three-bedroom apartments, boasts world-class amenities and incorporates the finest building materials and fittings to present an ultra-luxurious residential offering to investors. The design of Siraj Tower draws inspiration from Spanish and Roman architecture, with the architectural concepts of balance and symmetry ruling the overall design of the structure.

Speaking at the press conference, Eng. Haider Abdul Reda Mashhadi, Managing Director, Al Madar Group, said, "Siraj Tower is set to be one of the most sought-after residential projects in Dubailand, with its eye-catching design, luxurious interiors and state-of-the-art amenities. Like every other project in our portfolio, this tower will be stamped with the proven quality hallmark of Al Madar Group, which has helped us build an enviable reputation of offering only the very best. Another factor that makes Siraj Tower a unique value proposition for investors is its prime location in the heart of Dubailand, which is a one-of-a-kind tourism, leisure and entertainment project."

Keith Pepperdine, Sales and Marketing Director of Al Madar Group, said, "Siraj Tower will epitomise luxury living in every aspect; with attention to detail and our steadfast commitment to offer facilities and services of the finest quality. With the property market in Dubai continuing its unparalleled growth, the demand for quality, residential apartments is at an all-time high, which means that we are certain to receive an overwhelming response for Siraj Tower when it is open for sale."

Facilities at Siraj Tower include an impressive reception lobby, 4 high speed elevators plus a separate service lift, 2 swimming pools (1 for children), Jacuzzi, Separate Ladies and gents sauna and steam room, fully-equipped gym, excellent communication facilities, 24/7 security and maintenance, ample parking facilities, party hall and children's play room. The tower is also fitted with a Homenet system providing additional security and lifestyle facilities to enable additional control and ease of living. Construction of the tower will commence on May 2008 and is scheduled for completion by 2nd Quarter of 2010.

Source: Property World

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