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AlSalam City in UAQ by Tameer ahead of schedule
- March 26, 2007, 10:15 pm
Tameer Holding, the region’s leading real estate company, today declared that it is ahead of schedule in the development of the infrastructure and related services for Phase 1 of AlSalam City, the largest property development project in the world, with investments of AED 30 billion and designed to house up to half a million residents when complete.
Phase 1 of AlSalam City covers an area of approximately 5,600,000 sq meters or 80 million sq feet, and is situated along Emirates Road with a frontage of approximately 7 km. Site Grading works have been ongoing since early 2006 which has seen over 8 million cubic meters of sand moved to the site.
‘That we are ahead of schedule for what is set to become one of the most advanced developments in the world is very pleasing,’ said Omar Ayesh, President, Tameer Holding. ‘Already you can form an idea of what will make AlSalam City unique, and the project is firmly on track for completion in 2021. Moving forward with the infrastructure plans will ensure we deliver a city that is a cut above the rest and we are indebted to the support of Sheikh Abdullah and the Rulers of Umm Al Quwain.’
Works associated with the recently floated infrastructure tender include road networks, hardscape, electricity, street lighting, sewer, storm water drainage, fire fighting, irrigation water, potable water, and telecommunications: a package which comprises the vast majority of the infrastructure required for the future residents of AlSalam City Phase 1.
Executed in three phases, the AlSalam City project phase one is scheduled for completion within the next three years, with final completion slated for 2021. The cost of each phase is at an investment of 10 billion AED a piece.
Situated strategically on the Emirates Road and the Pan-Emirates road currently under construction, the AlSalam City will form an integrated residential and commercial area, consisting of a number of residential districts. The development has been designed to house up to half a million residents with an area that will include parks, playgrounds, entertainment centers, horse riding stables and cable car facilities.
‘Making frequent visits to the site is important to Tameer Holding as we always have a very hands-on approach to the developments under our wing,’ said Omar Ayesh, President, Tameer Holding. ‘We were the first real estate company to make in-roads into Umm Al Quwain and are very passionate about this project. Checking on the quality of the work being undertaken is vital and I am very happy with what I see before my eyes today.’
Located just 25 minutes away from Dubai International Airport, it will change the landscape and herald a new era for the Northern Emirate of Umm Al Quwain.
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