ArabianBusiness.com - Middle East Business News
Thursday, 26 November 2009 23:24 UAE time

YOUR DIRECTORY /

| Share |

Best of the rest

by ArabianBusiness.com staff writer  on Thursday, 18 October 2007
Marina marvel: UAE property giant Tanmiyat showcased its Ajman Marina project that aims to transform the emirate’s coastline in 2012.

Completion is expected in 2009. According to the company The Pad is one the world's first full cybertecture apartment tower with intelligent rooms, voice control, artificial intelligence, automated parking and "morph-able furniture". Among many other innovative projects in the pipeline and under construction, James Law Cybertecture International is involved in two residential developments on Dubai Waterfront, both of which will host major steps forward in home technology.

Tameer

At this year's Cityscape event, Tameer officially announced the launch of it's three newest projects; Platinum Towers in Business Bay, Tameer Towers in Shams Abu Dhabi and displayed models of it's latest international project in Jordan, Al Majd City, beginning sales of the 18,500 residential units. Tameer announced it's third venture into Dubai's Business Bay earlier this year with the new Silver Tower, scheduled for completion in 2009. All units for the Silver Tower were sold out just two weeks after it was launched. Alongside being an office, the tower will host swimming pools and a mini golf course. The development is expected to reach an estimated construction value of US$122m.

Story continues below
advertisement

Nakheel

Working with the international consultancy the Sustainability Advisory Group, Nakheel announced that it had conducted an investigation into the sustainability of its construction and real estate development in Dubai. It used Cityscape 2007 to showcase satellite images of Dubai from 1973 to the present day, followed by a projected image of what Dubai is likely to look like in the future from the same perspective. These images show how influential Nakheel's developments have been on the growth of the emirate, with the Palm projects and The World, and how influential it is set to be as each project is completed over the next decade. On the Palm Jumeirah alone, there will be 30 hotels, which will increase the number of beachfront hotels in Dubai by 70%. The company also unveiled a 13m scale of model of Dubai, suggesting how the city will look in the future.

Tanmiyat

Tanmiyat promoted its new Commercial Towers that will be located in the Living Legends area of Dubailand. It also showcased launched venture Ajman Marina. This will be built next to the Kempinski Hotel in Ajman over the next five years, providing accommodation for up to 21,000 residents. Tanmiyat aims to transform the Ajman coast into a commercial and residential resort.

Al Mazaya

Al Mazaya's current projects have a total investment volume of US$1.9bn, which is set to grow considerably after this year's Cityscape. The company showcased its latest electronic technology, while conducting detailed presentations across it's various pavilions.

A US$7m contract has just been signed between Al Mulla Group and Al Mazaya for the supply, installation and maintenance of electrical mechanical parts and equipment for Al Mulla's ‘7 Zones' project - a construction materials city, situated in the Shuwaikh Industrial Area of Kuwait. Al Mazaya has purchased land in Bahrain in order to erect another construction materials city. The company is also gearing up to bring the concept into Abu Dhabi, Dubai and Jordan.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

From  Current Issue

SHARE PRICE CHECK

RELATED LINKS

  1. ETA Star Property Developers»
  2. Nakheel - UAE»
  3. Tameer Holding Investments»

 EMAIL ALERTS

  1. Asteco Property Management

  2. ETA Star Property Developers

  3. Nakheel - UAE

  4. Tameer Holding Investments

  5. Real Estate


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 20
    26 Nov ' 09 at 20:13
    Red Devil/Sandjocky, I have also had several posts blocked over the past couple of days, posts that speak of the facts only as they...   More  »
  2. UAE real estate market has now hit bottom - analysts 05
    26 Nov ' 09 at 21:36
    Comn' AB is a yo-yo when it comes to news.People forecasting good and then bad. Good and bad and then some more "experts" saying...   More  »
  3. Moody's cuts Dubai GRI ratings amid debt delay 02
    26 Nov ' 09 at 19:51
    Dubai World better change its slogan & reposition itself - Dubai LTD.   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM