Tuesday, September 8, 2015

Al Habtoor Group to showcase a vibrant new neighbourhood at Cityscape Global

Al Habtoor Group to showcase a vibrant new neighbourhood at Cityscape Global

DUBAI, UAE -  SEPT 2015: As Al Habtoor Group is about to open the St. Regis Dubai, the first of the three super luxury hotels at Al Habtoor City this October, the Group will unveil its ultra luxury residential project, The Residence Collection, Al Habtoor City at Cityscape Global this week.
Al Habtoor City, a vibrant new neighbourhood in the heart of Dubai, will be on show at the regions most influential real estate exhibition taking place at the Dubai World Trade Centre from 8-10 September 2015.
Khalaf Ahmad Al Habtoor, founder and Chairman of the Group, will personally welcome visitors to the Al Habtoor City stand (B10, Hall 5) from 10am on the first two days of the exhibition.
Al Habtoor said, I am proud to state that The Residence Collection, Al Habtoor City is the epitome of luxury unmatched with any other project in the world. We are extremely delighted to present this unique, new luxury landmark in the heart of Dubai. Al Habtoor City will be an all-encompassing hospitality, residential and leisure destination in Dubai with unparalleled amenities.
On display at Cityscape, visitors will be able to meet  Chairman Al Habtoor and see details of the entire project, which covers a total built up area of 8.5 million square foot of hospitality, residential and retail space. It marks the Groups first appearance at Cityscape Global as it establishes a strong position among the UAEs leading developers.
The world-class development sits in an iconic location on Sheikh Zayed Road and the newly developed Dubai Water Canal. The City is integrated into the RTA network, which includes major roads, rail, as well as water taxis.
Al Habtoor said, Al Habtoor City is situated in a prime location on Sheikh Zayed Road, within easy reach of the main landmarks in Dubai. It is close to Business Bay, and the Dubai International Financial Centre, Downtown, as well as the citys major malls.
The exclusive Al Habtoor City comprises three 5-star Starwood branded hotels (The St. Regis Dubai, W Dubai Al Habtoor City, and Westin Dubai, Al Habtoor City), three luxury residential towers, and permanent Las Vegas-style theatrical production by Dragone - the leading cultural creation company in the world. In addition, there is an array of retail and leisure facilities lining The Boulevard and the Marina Promenade, including boutiques, stylish cafés, signature restaurants, and a tennis academy with four courts, including an air-conditioned court for year-round play. The new community with also incorporate a supermarket chain, a clinic and pharmacy, and more than 5,000 car secure parking spaces.
Al Habtoor added, The demand is rising for high-end mixed-use living. Todays modern families are seeking integrated communities with everything under one roof. We have taken it one step further by incorporating three luxury residential towers with world-class hotels - each with a unique offering. Al Habtoor City is a one-stop destination. It is the first integrated residential, hospitality and entertainment complex built on Sheikh Zayed Road and the Dubai Water Canal.
Residents will have access to Al Habtoor Citys world-class amenities, which include the largest swimming pool podium in the UAE, a state-of-the-art gym and access to the unparalleled amenities within the hotel complex.

About Al Habtoor Group
The Al Habtoor Group is a UAE-based conglomerate. While best known for construction, it is globally recognised through its involvement in the hotel, automotive, real estate, education and publishing sectors.

About Al Habtoor City
Al Habtoor City is a multi-use development incorporating three five-star Starwood-branded hotels (The St. Regis Dubai, W Dubai- Al Habtoor City, The Westin Dubai, Al Habtoor City), alongside three luxurious residential towers. The City, which sits alongside the upcoming Dubai Water Canal, will also be home to the regions first-ever permanent Dragone theatrical production choreographed exclusively for Al Habtoor City. In addition, there will be a tennis academy, a European-style boulevard lined with retail outlets, a marina and multiple restaurants.

Empower urges developers participating at Cityscape Global 2015 to adopt district cooling as a cost-effective and environment friendly method

Empower urges developers participating at Cityscape Global 2015 to adopt district cooling as a cost-effective and environment friendly method

Ahmad bin Shafar: “District cooling has become the integral part of new lifestyle, which is now well-accepted at new projects in the region”   

Dubai, UAE, 7th September 2015: Emirates Central Cooling Systems Corporation (Empower the world’s largest district cooling services provider, said in connection with Cityscape Global 2015, that the real estate developers in the Arab world realize the importance of district cooling in saving operational and maintenance costs and preserving natural resources. Cityscape Global 2015, the Middle East's largest and most significant real estate event, is taking place from 8 to 10 September at the Dubai International Convention and Exhibition Centre,

The company added that these developers are fully convinced that time has come to shift from conventional chilling systems to district cooling that is environment-friendly and less energy consuming, as well as ensures high quality of air conditioning for the end user.

Empower urged the companies participating at Cityscape Global 2015 to put district cooling on top of their priority list while launching new projects.

According to H.E Ahmad Bin Shafar, CEO of Empower, district cooling is very much accepted in several new projects being launched in the region.

HE Shafar said District Cooling has become the integral part of Green Building concept in the Middle East, promoted by local governments. Empower has effectively integrated Green Building guidelines with district cooling, and we have even built our plants as per these guidelines. Developers should pay special attention to adopt environment-friendly cooling systems so as to accelerate global initiatives on sustainability and CO2 reduction. 

He added that Arab countries have the responsibility to foster district cooling technology and encourage its usage in more areas. Bin Shafar said that most of the GCC countries are on roads to shifting to district cooling, with the UAE leading the way.

Empower serves a wide array of real estate projects in the UAE. The company works on diversifying its products and services in the district cooling arena after its success in building world class district cooling network in the country.

Empower’s district cooling systems provide effective and efficient means of air conditioning. Water is cooled in central plants and distributed through a network of piping systems to individual customers in different buildings.

Empower operates more than 1 Million Refrigeration Tons (RT), providing environmentally friendly district cooling services to large-scale real estate developments, such as Jumeirah Group, Business Bay, Jumeirah Beach Residence, Dubai International Financial Centre, Palm Jumeirah,  Jumeirah Lake Towers, Ibn Battuta Mall, Discovery Gardens, Dubai Healthcare City, Dubai World Trade Centre Residences and Dubai Design District, amongst others.

Tuesday, July 28, 2015

Aquaventure at Atlantis, The Palm Takes Trip Advisor Crown as Best Waterpark in the Middle East and One of the Top Five in the World

Aquaventure at Atlantis, The Palm Takes Trip Advisor Crown as Best Waterpark in the Middle East and One of the Top Five in the World

TripAdvisor creditsthousands of thrilling photos posted by happy Aquaventure visitors as a primary reason for the prestigious ranking

Dubai, United Arab Emirates, 27 July 2015 – With school holidays’ in mid flow, families can experience one of the top waterpark attractions in the world, without even having to leave the UAE. Aquaventure at Atlantis, The Palm has been voted the best waterpark in the Middle East and the fifth best in the world, in the TripAdvisor Travellers' Choice Waterparks Awards. The influential travel site this week announced the accolade is based on millions of traveller reviews.

The 17 hectare beachfront waterpark, situated on the apex of The Palm’s crescent boasts two enormous towers packed with rides including the world’s largest diameter slide, the world’s first vertical banking family ride with a double hump at the end, the first double slide within a slide experience, the world’s first known zipline circuit to be integrated into a waterpark tower and unique marine animal interactions with rays and sharks.

Within Dubai, it's Aquaventure that takes the lead with more TripAdvisor Travellers' Choice Awards for waterparks than any other waterpark in the country.

The TripAdvisor report features over 1,000 photos taken by happy Aquaventure visitors, along with thousands of positive reviews, which refer to the park in glowing terms due to the vast range of exhilarating rides available to suit all of the family, no matter the age or thrill level desired.

Scott.Deisley, Vice President of Operations at Aquaventure said: ‘We are thrilled that this excellent ranking by Trip Advisor endorses Aquaventure’s global standing, especially as it comes from thousands of happy guests that have passed through our door. We thank each and every person that has taken the time to share their amazing experience with us.’

The high rating comes on the heels of Atlantis’ investment of around US$ 27 million whereby a second 40-meter Tower of Poseidon was added, to give the waterpark a record breaking offering to guests, both regionally and globally.

Aquaventure was ranked fifth in a list that featured Siam Park in Spain, Beach Park in Brazil, Waterbom Bali in Indonesia and Disney's Typhoon Lagoon Water Park in Florida in first to fourth respectively.

Complimentary to guests of Atlantis, The Palm and welcoming thousands of visitors from across the world each day, Aquaventure contains 18 million litres of fresh water used to power eleven thrilling waterslides and a 2.3 kilometre river ride with tidal waves and pools, water rapids and white water chargers. Using the latest technology,Aquaventure is capable of using over 750,000 litres per minute to create water surges and waves with swells reaching almost 1 metre high.  Guests are propelled through the lushly landscaped waterscape, never having to leave their inner tubes as innovative water escalators carry participants up slide towers and down through rapids.

About Atlantis, The Palm, Dubai
Atlantis, The Palm is the first entertainment resort destination in the region and located at the centre of the crescent of The Palm in Dubai. Opened in September 2008, the unique ocean-themed resort features a variety of marine and entertainment attractions, as well as 17 hectares of waterscape amusement at Aquaventure Waterpark, all within a 46 hectare site. It is home to one of the largest open-air marine habitats in the world, with over 65,000 marine animals in lagoons and displays including The Lost Chambers Aquarium, a maze of underwater corridors and passageways providing a journey through ancient Atlantis. Aquaventure features 18 million litres of fresh water used to power thrilling waterslides, a 2.3 kilometre river ride with tidal waves and pools, water rapids and white water chargers. Atlantis, The Palm is also known as the culinary destination in the region with a collection of world-renowned restaurants including Nobu and Ronda Locatelli. The resort boasts an impressive collection of luxury boutiques and shops as well as extensive meeting and convention facilities.

Wednesday, July 22, 2015

TECOM Investments and Amlak Finance Launch Off-plan Islamic Financing for Villa Lantana Residential Community

TECOM Investments and Amlak Finance Launch Off-plan Islamic Financing for Villa Lantana Residential Community

TECOM Investments has signed an agreement with Amlak Finance, the UAE’s first specialised real estate finance provider, to offer Shari’a compliant financing options via its Amlak Tatweer program to all purchasers of freehold Villa Lantana homes, including non-resident and self-employed buyers.

Amlak will offer financing up to 50 per cent of the property value prior to project handover, with the option to re-finance up to 75 per cent upon completion for tenures of up to 25 years at highly competitive rates, enabling more investors and end-users to become part of the Villa Lantana community.

The agreement was signed by Badr Al Gargawi, Chief Executive Officer, Development & Planning Division, TECOM Investments, and Arif Alharmi, Managing Director and CEO of Amlak Finance PJSC.

Commenting on the partnership, Mr. Al Gargawi said, “We are proud to be working with Amlak Finance to provide a Shari’a compliant option for people to own their dream home at Villa Lantana.  A big part of TECOM Investments’ ethos when planning a new development is to engage with our stakeholders to ensure we deliver in line with market and consumer requirements. They told us that they needed a forward thinking, tailored Islamic finance option - and this is exactly what Amlak Tatweer offers.”

The new Villa Lantana development of 440 freehold family villas represents an astute investment opportunity, in part due to its key location in Dubai’s Al Barsha growth corridor in addition to the established reputation of its master developer, TECOM Investments.

Mr. Alharmi commented, “Amlak is pleased to be partnering with TECOM Investments to offer these tailored and easy financing solutions for those wishing to own a property at Villa Lantana. Our Tatweer product is a perfect match for such an impressive development. We continually strive to provide prospective investors with innovative Islamic finance solutions.”

Villa Lantana benefits from being in close proximity to Dubai’s main arterial roads, allowing fast and easy access to the city’s primary business areas, retail and entertainment hubs. The community is just minutes away from Mall of the Emirates and within a five minute walking distance from the soon-to-be-launched My City Centre Al Barsha. A number of leading schools have also recently opened in the near vicinity.

The contemporary Villa Lantana community also features a well-planned, beautifully landscaped family neighbourhood. Buyers can choose between 17 different villa designs, 11 floor plans and a range of 3, 4 and 5 bedroom detached and semi-attached family homes. Villas span in square footage from 2453 square foot, Built Up Area (BUA), up to 6082 square foot (BUA).

To learn more about the financing options for this development please contact Amlak Finance on 800-AMLAK (26525). Alternatively, to find out more about Villa Lantana please visit or call 800-LANTANA.

About Villa Lantana:
Villa Lantana is a freehold villa community for Dubai’s growing family market, launched by TECOM Investments and ideally situated in the heart of Dubai’s growth corridor of Al Barsha.

Villa Lantana is in close proximity to Dubai’s main arterial roads and enjoys fast and easy access to the city’s primary business areas, retail and entertainment hubs, and educational establishments. Construction is currently underway with project completion set for Q4 2015.

Set in two well-planned and landscaped, gated communities, the development consists of 3, 4 and 5 bedroom detached and semi-attached family homes offering a choice of 17 different villa designs and 11 floor plans. Residents of Villa Lantana will benefit from a retail centre, parks and playgrounds, as well as sports facilities including sports centres with gyms and pools, sports courts and outdoor jogging tracks. All amenities and full landscaping will be completed in time for handover.

For further information and to register your interest, please visit or call 800-LANTANA.
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