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Al Areifi Marina Tower apartments in Dubai Marina - 65% sold

- August 20, 2005, 12:10 am

Al Areifi Marina Tower apartments in Dubai Marina - 65% sold

Ebtikar announces that there has been such a massive interest by investors in Al Areifi Marina Tower, their client’s new real estate venture in Dubai, that now only 35% of the apartments are still available for purchasers.

A number of road shows were recently held in different GCC countries, including Bahrain, Qatar and Saudi Arabia, to highlight the venture’s investment potential, architectural excellence, state-of-the-art convenience, sophisticated infrastructure, exclusive locale and unparalleled luxury. Response to these road shows was highly positive and elicited not just enthusiastic enquiries but, also, immediate property purchase.

Located in the heart of the exclusive Dubai Marina area, Al Areifi Marina Tower rubs shoulders with such spectacular architectural projects like Dubai Palm, World Island and Burj Al Arab, and stands as a defining statement for opulent living.

“The response to Al Areifi Marina Tower has been huge and we would encourage interested buyers to contact us as soon as possible to avoid any disappointment.

“Our aim behind this project has been to create a uniquely affordable property that does not compromise on luxury and convenience. Judging by the level of response so far, it appears that this objective has succeeded in convincing many discerning buyers about the need to invest in Al Areifi Marina Tower,” said Thamer Al Muqla, Vice Chairman of Ebtikar.

“Dubai is one of the region’s premier real estate markets and in the recent years has witnessed a surge in property development. A number of exclusive real estate projects have been launched and have further added to Dubai’s construction boom.

“Our project seeks to provide those interested in making Dubai their home with a property that’s both affordable and yet offers a new benchmark in luxury living,” added Al Muqla.

The 412,427 square foot, 35 floor-tower comprises 300 elegant units, furnished with full luxury amenities. Apartments include chic and tastefully decorated studios, one bedroom, two bedrooms, three bedrooms, duplexes and villas. Each floor boasts its own private pool, in addition to the building’s outer pool.

Tenants will also enjoy a comprehensive ultra-modern health club complete with a reception, male and female changing rooms, sauna, Jacuzzi and steam room. The ground floor is expected to include a food court, café, retail outlets and ample car parking in the basement.

The building will also have a dedicated children’s pool, and outdoor pool area, and the comfort of knowing that families will be able to raise their children in a safe, secure and tranquil environment.



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