By Andy Sambidge
Sheikh Suroor Projects Department says mixed-use project will include five-star Jumeirah hotel
Etihad Towers, a major new development in Abu Dhabi, is on schedule to handover its first homes and offices later this year, developers said on Tuesday.
Sheikh Suroor Projects Department (SSPD) said the five towers, ranging from 54 to 75 floors, and rising over 300 metres, would be targeted at the number of global professionals arriving in the UAE capital.
Sami Al Khuwaiter, project director, said: "Abu Dhabi has established its credentials as a truly global city, and today, witnesses an unprecedented developmental momentum. The rising prominence of the city as a regional thought leader and business hub has been complemented by the arrival of global professionals, who demand the best in lifestyle choices."
He added that the mixed-use development, which also includes a five-star Jumeirah hotel and a boutique shopping mall, would "serve as the new benchmark in luxury property lifestyle choices in Abu Dhabi".
The different components of Etihad Towers will open doors in phases beginning this year, he added.
The 885 apartments and penthouses, ranging from one to five bedrooms, are now available for lease, he said, adding that the office tower would offer a total of more than 45,000 sq m of leasable area over 54 floors.
Several international brands have signed up to operate stores in the retail tower, Al Khuwaiter said, offering the "best global brands", without naming any specific operators.
Jumeirah at Etihad Towers, Abu Dhabi will offer a five star hotel with 382 rooms and suites, 199 serviced apartments, and a range of beauty, fashion and relaxation amenities including the Talise Spa.
The master-development, with its own private beach, will also feature one of Abu Dhabi's largest and most contemporary convention centres and a grand ballroom that can cater for groups of over 2,200.
Good news indeed, but would appreciate if anyone has any idea on updates with regards to Tameer Towers in Abu Dhabi. The company has refused to provide any update despite constantly asking. As an investor, I find this appalling and have been seeking compensation as there is no public information available on the status of this project. Would appreciate comments from other investors.
Yes, I am an investor also... I was contacted several times from Tameer to change to the Dubai projects at a grossly overinflated M2 price... I said no and would like a refund of my deposit as per contract ...that seemed to frighten them into oblivion... the last email from them was on the 31st of March 2011 saying she would be in touch once she had news.... hmmmm I dont expect after 5 months she will be contacting me?.....I will be instructing my lawyer. There are some posts on the Property Community Forum that have been posted recently... take a look and try to contact some of the other investors... there was a very large group in Dubai that had started some sort of legal case... am not sure what came out of that?