Mohammed bin Rashid orders implementation of AED2.5bn ‘Nakheel Mall’

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum paid a visit to Nakheel headquarters in Dubai where he was briefed on the company’s future investment projects

Sheikh Mohammed ordered that necessary measures be taken to commence the implementation of the ‘Nakheel Mall’ project located on the beachfront of the Palm Jumeirah at a cost of AED2.5 billion. Additionally, His Highness also ordered the commencement of ‘The Pointe’ project which overlooks the Jumeirah Beach Hotel and the Atlantis resort at a cost of AED800 million.
Accompanying Sheikh Mohammed on his visit to the Nakheel headquarters were Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Deputy Ruler Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Civil Aviation and Chief Executive of Emirates Group Sheikh Ahmed bin Saeed Al Maktoum, Sheikh Saeed bin Maktoum bin Juma Al Maktoum, Director of Dubai Ruler’s Court Mohammed Ibrahim Al Shebani and Dubai Director of Protocol and Hospitality Khalifa Saeed Suleiman.
Nakheel Chairman Ali Rashid Lootah presented a detailed briefing to Sheikh Mohammed on the two new projects including amenities, landscaping, project designs and premium services to be offered. The visiting delegation also watched a video presentation about the projects.
The ‘Nakheel Mall’, with its exquisite view of Al Ittihad Garden and the Atlantis at the Palm Jumeirah will be built on an area of one million square feet and will feature a 200-room state-of-the-art hotel, 200 hotel apartments and a restaurant with a panoramic sea view.
Nakheel Chairman briefed Sheikh Mohammed and his accompanying delegation on ‘The Pointe,’ which is considered a new destination for dining and relaxed entertainment located at one of the most iconic locations in Dubai; Palm Jumeirah. Located at the tip of The Palm just across the bay from Atlantis, ‘The Pointe,’ is a large scale complex nestled among gardens and the inner calm waters of the bay boasting a combination of bustling retail shops, high end restaurants as well as an exciting mix of cafes and patisseries.
Lootah took note of Sheikh Mohammed’s suggestions on including additional elements to the designs which add to the appeal of the new projects.
Sheikh Mohammed expressed satisfaction with the new projects and said, “We to continue in the path of excellence… as Dubai always have.”
Continuing his visit, Sheikh Mohammed and the accompanying delegation toured Nakheel offices, sales hall and was briefed on the progress at different projects carried out by the company. His Highness also greeted customers present at the premise.
Lootah thanked Sheikh Mohammed on his continuous support and his guidance that helped Nakheel regain its leading position as a master developer of real estate, tourist and commercial projects

The Address Residence Fountain Views' launch by Emaar records sell-out response on first day of public launch

 Emaar Properties PJSC, the developer of iconic real estate assets, record sell-out investor response to The Address Residence Fountain Views, the first exclusive serviced residences in Downtown Dubai, on the very first day of its public launch. Potential customers had the option to register their interest online and were offered the opportunity to purchase the homes on a first registered, first served basis. The Address Residence Fountain Views received strong customer registrations and all units released were sold out on the very first day of sale.

 

 

Ahmad Al Matrooshi, Managing Director, Emaar Properties, said: "The overwhelming investor response to The Address Residence Fountain Views is another strong testament to the robust property demand in Dubai, led by its economic growth and the city's global recognition as a thriving business and tourism hub. As the first of its kind exclusive serviced residences, The Address Residence Fountain Views not only appealed to residents in the city but also to investors from around the world. Its central location in Downtown Dubai, the most visited lifestyle and tourism destination in the world, makes the residences a first choice for property investment."
He added: "Over the past months, Emaar's new project launches have recorded overwhelming investor response. This underlines the investor confidence in our commitment to creating world-class developments and our focus on timely delivery. We will continue to explore potential development opportunities in line with the growing demand for homes in the city, especially in premier communities such as Downtown Dubai."
An integral part of the expansion of The Dubai Mall, The Address Residence Fountain Views is directly linked to the world's largest shopping and entertainment destination, with all residences opening to spectacular views of Burj Khalifa, the world's tallest building, and The Dubai Fountain, the world's tallest performing fountain. A 55-level dedicated serviced residences development with only 280 residences, all to be serviced by the professional team of The Address Hotels + Resorts, The Address Residence Fountain Views offers investors the choice of spacious 1, 2, 3-bedroom, and 4-bedroom apartments.
Downtown Dubai, one of the most sought-after communities for residential sales as well as leasing, is a must-visit tourist attraction, having welcomed more than 60 million visitors. The attractions in Downtown Dubai, described as 'The Centre of Now' and most prestigious square kilometre on earth, include At the Top, Burj Khalifa, the world's tallest observatory deck with an outdoor terrace; At.mosphere, the world's highest restaurant; and a total of six world-class hotels including the Armani Hotel Dubai.

Emaar.com

The Address Residence Fountain Views Floor Plans

1 Bed Room

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2 Bed Rooms

 

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3 Bed Rooms

 

 

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Biggest Dubai Marathon

Elite runners arrive with an eye to shatter course records set last year

Dubai: The stage is set for the biggest ever Standard Chartered Dubai Marathon. Tomorrow, over 20,000 runners will hit the streets of Dubai to shatter the record for the highest number of participants in the 15-year-old history of the event. 

For Ahmad Al Kamali, the General Co-ordinator of the Dubai Marathon, President of the UAE Athletic Federation and International Association of Athletics Federations (IAAF) Council member, it will be a special moment.

Kamali, who visualised this event and transformed it into one of the finest marathons in the world told Gulf News: “I am so happy to be linked with such an event. Fifteen years ago when this marathon began, only around 100 runners took part and to see this event grow to such proportions with the best runners taking part makes me very happy.”

Twelve months ago the Marathon scaled greater heights with men and women shattering the course record. Former world junior cross country champion Ayele Abshero from Ethiopia won the men’s event with a time of 2:04.23 followed by two Ethiopians and a Kenyan running under the 2:05 mark.

In the women’s race new bests were also recorded with Ethiopian Aselefech Mergia winning with a timing of 2:19.31 with three women running under the 2:20 mark.

With excellent weather conditions expected, Dubai Marathon organisers are hoping for another string of new records. Peter Connerton, the event director said: “We only hope the weather does not get too hot on Friday. We had fantastic conditions last year. We had 14 degrees at start and 15 degrees at finish last year. I was out there today at the course and it was 14 degrees at 7am and 16 at the finish time so I don’t think that weather will change dramatically. We will once again deliver a good show.”

Vibrant

The best runners from around the world have once again arrived to take part except for the two winners in the men’s and women’s categories who could not recover from their injuries in time to retain their titles. Ethiopian and Kenyan runners who have dominated in this event are once again here in large numbers.

J.W. Marriott Marquis Dubai, which is the official hotel for the event was filled with runners around the world, collecting their run numbers and race packs.

Rupprecht Queitsch, General Manager of J.W. Marriott told Gulf News: “It is very vibrant and motivating to see so many people being here wanting to run. It has even livened up our hotel. We are proud to have all the best runners in our hotel.”

Jonathan Morris, the Chief Executive Officer of the title sponsors Standard Chartered, said: “We are delighted to be associated with this event for the last nine years. It is very pleasing to see the event grow in stature and significance over the years.

Adidas, the official outfitter of the event is giving ClimaCool running shirt to every participant in the Dubai Marathon with. The shirt is designed to help runners to stay cool and ventilated throughout their race. With leading body temperature control technology, adidas claim the shirt provides outstanding breathability and moisture management to keep runners at their best throughout the marathon.

Ethiopian women runners Tirfi Tsegaye and Koren Jelela, coached by Gemedu Dedefo, are here as strong contenders while in the men’s section their countrymen Yemane Tsegay and Dadi Yami are the favourites.

gulfnews.com

Emaar launches The Address Residence Fountain Views, the first fully dedicated serviced residences' property in Downtown Dubai

 Emaar Properties PJSC, the developer of iconic real estate assets, has unveiled The Address Residence Fountain Views, the first exclusive serviced residences in Downtown Dubai, the most prestigious square kilometre on earth. 





With Downtown Dubai hosting over 60 million visitors to become the world's most visited
destination, the new dedicated serviced residences are a distinctive investment opportunity, billed to be a home for the city's residents and a second home for tourists from around the world, who wish for short or long stays in Dubai. Residents become part of one of the most vibrant lifestyle communities, described as 'The Centre of Now,' with an array of choices spanning retail, leisure and hospitality in close proximity.
An integral part of the expansion of The Dubai Mall, The Address Residence Fountain Views is directly linked to the world’s largest shopping and entertainment destination, with all residences also opening to spectacular views of Burj Khalifa, the world’s tallest building, and The Dubai Fountain, the world's tallest performing fountain.
Offering an unparalleled lifestyle choice, The Address Residence Fountain Views is a 55-level dedicated serviced residences development. With only 280 residences, all to be serviced by the professional team of The Address Hotels + Resorts, the newest lifestyle development in Downtown Dubai offers investors the choice of spacious 1, 2, 3-bedroom, and 4-bedroom apartments.
Ahmad Al Matrooshi, Managing Director, Emaar Properties, said: "As the world's most visited tourism, shopping and lifestyle destination, Downtown Dubai is today the connoisseur's choice for premium homes in Dubai. Today, the city has established its clear lead as a business and tourism hub recording significant growth in passenger arrivals, tourist numbers and the duration of stay of guests. With the launch of The Address Residence Fountain Views, Emaar's first exclusive serviced residences’ development in Downtown Dubai, we are offering the city’s residents and visitors the choice of being part of one of the the world’s most dynamic communities."
He added: "In addition to the significant location advantage of being in the heart of the city, residents will have the advantage of enjoying the world-class service offered by The Address Hotels + Resorts, Emaar’s own hotel brand, and the convenience of directly accessing The Dubai Mall. The lifestyle buzz of Downtown Dubai, highlighted by the year-round calendar of cultural and entertainment events, will further add to their quality of life. The opening of the metro link connecting the Downtown Dubai to the Dubai Metro station, further enhances connectivity."
Elegantly designed by an international team of architects, in line with the world-class standards set by Emaar, The Address Residence Fountain Views marks the first launch of residential property by the global property developer in 2013. This follows the overwhelming response to the launch of serviced residences in The Address The BLVD, also in Downtown Dubai, and premium villas in Arabian Ranches, highlighting the robust performance of the city's property sector led by all-round economic growth.
Downtown Dubai was one of the most sought-after communities for residential sales as well as leasing in 2012, as cited by several property sector reports. The 500-acre community, a must-visit tourist attraction, was also in the global spotlight by welcoming more than 1.7 million visitors – one of the highest number of people at a single event globally – for the Downtown Dubai New Year’s Eve Gala.
The attractions in Downtown Dubai include At the Top, Burj Khalifa, the world's tallest observatory deck with an outdoor terrace; At.mosphere, the world’s highest restaurant; and a total of six world-class hotels including the Armani Hotel Dubai.
Inside The Dubai Mall, visitors can take their pick from over 1,200 retail outlets or numerous leisure attractions including the 22-screen Reel Cinemas; KidZania®, a role-play destination for youngsters billed as a 'children's city’; SEGA Republic, the largest of its kind indoor theme park; and Dubai Aquarium & Underwater Zoo.
Another spectacular attraction in Downtown Dubai is the Mohammed Bin Rashid Boulevard, which is envisaged as one of the world’s most prestigious, offering a rich array of retail and F&B choices. Downtown Dubai hosts a spectacular array of events all through the year including live concerts, art exhibitions and signature events such as the Emirates Classic Car Festival and Downtown Dubai Parade, National Day. Downtown Dubai will also feature the Dubai Modern Art Museum & Opera House District, featuring the city’s first opera house and several design galleries.
Potential customers can register interest for serviced residences in The Address Residence Fountain Views from January 22, 2013, at www.emaar.com. The sale will be on a first come first serve basis on January 26, at 9am. They can also toll-free 800 EMAAR (36227) for more details.

Emaar.Com

Emaar to launch new luxury tower in Downtown Dubai

The Address Residence Fountain Views will be launched on January 26

Emaar Properties, Dubai’s largest developer, will be launching The Address Residence Fountain Views, a luxury tower, in the Downtown Dubai distrcit later this month.

The public launch of new tower is scheduled for January 26, according to an invite sent by the developer to its registered real estate agents.

The Address Residence Fountain Views will be the first project to be launched by Emaar this year.

In November, the developer had announced it will be launching new luxury homes and serviced residences in Downtown Dubai and commence expansion of the Dubai Mall by building a new high-street boulevard style retail destination.

Emaar has launched the “Sky Collection“, a range of three-, four- and five-bedroom serviced residences, penthouses, and duplexes set on the uppermost levels of the 72-storey The Address The BVLD hotel and serviced apartment tower.

The tower, which includes 200 hotel rooms and 523 serviced residences, was launched in September 2012 and had recorded a sell-out response from investors.

Brookfield Multiplex Construction has commenced on the tower, which is located close to Burj Khalifa, the tallest tower in the world.

Market sources told this website earlier that Emaar had sold units in The Address The BVLD as high as Dh29,000 per square metre (Dh2,650 per square feet), which were more than double the average sale price in the area.

Official Video of 2013 Burj Khalifa New Year's Eve Fireworks