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Sat 27 Dec 2008 04:00 AM

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Cayan completes US $95.2mn Dorrabay marina job

UAE-based Cayan Investment and Development has announced the completion of its US $95.2 million (AED350 million) Dorrabay project in Dubai Marina.

UAE-based Cayan Investment and Development has announced the completion of its US $95.2 million (AED350 million) Dorrabay project in Dubai Marina.

The company also announced that it has completed four towers out of six towers in the Marina.

Dorrabay is a residential project in the Marina. The handing-over process has already started with clients already receiving their keys to move in.

Cayan has delivered La Residencia Del Mar, The Jewels, Dorrabay at Dubai Marina and Cayan Business Centre at Tecom, Dubai.

Cayan chairman Ahmad Al Hatti said, "We are delighted to unveil yet another masterpiece for the discerning community - the Dorrabay in Dubai Marina.  A beautiful residential tower, Dorrabay extends a sophisticated lifestyle with unique facilities and a stunning view of the Marina."

Dorrabay offers 1, 2, 3 bedroom apartments, duplexes, townhouses and penthouses.

Kareem Derbas, chief executive officer of Cayan, said, "At Cayan, we have constantly strived for the best and are committed towards delivering high-end luxury and high return on investment to our customers. In line with our commitment, we have made significant progress towards developing our projects. This is a big year for us - and we have successfully completed four of our six towers in the Marina, in addition to a commercial tower, Cayan Business Centre, in Tecom. We are confident that the project execution will go a long way in building customer confidence in our projects and the real estate industry as a whole."

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