|Real Estate News|
Falconcity of Wonders (FCW), the mega project in Dubailand, is encouraging local developers to continue promoting their projects and look beyond the current global economic downturn, as it signed up as Gold Sponsor of the International Property Show in Dubai or IPS 2009.
The IPS 2009 is considered as the biggest transactional property exhibition in the region. It will be held on February 15 to 17 at the Dubai International Exhibition Centre.
FCW Chairman and CEO Salem Al Moosa explains: ‘We at Falconcity of Wonders want to show to UAE residents and other nationalities that we are committed and ready to pursue future developments and investments. Those who have invested with us are owning investments that are purposely secure in an intimate community designed with lifestyle appeal and quality assurance.’
The mega project complements the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Vice-President and Prime Minister of the UAE to turn Dubai into one of the leading tourist destinations in the world.
FCW is a purpose-built mega project within Dubailand, featuring structures based on famous sites and the architectural marvels of the world, such as the Pyramids, the Hanging Gardens of Babylon, the Eiffel Tower, the Taj Mahal and the Leaning Tower of Pisa. The city is shaped to represent the falcon, emblematic of the UAE’s heritage.
The project is spread over an area more than 40 million square feet and will combine various commercial, residential, educational and leisure amenities with entertainment facilities, and will include apartments, villas, shopping malls, hotels, restaurants, health clubs and spas, and schools and parks.
FCW is developed by the Salem Ahmad Al Moosa Enterprises founded in 1975. The group is involved in various fields of operations, namely: contracting and civil engineering; manufacturing of reinforced plastic, concrete, gypsum and fibrous gypsum; supplying and applying of special exterior texture coatings; oil protection; general trading and distribution of electrical appliances, and oil and gas related services, among others.