Eqarat.com, a leading total solutions provider to real estate sector, has signed a strategic partnership with Galadari Investment Office (GIO) to manage sales of the Dh1.2 billion ($326.7 million) ‘G Tower’ project, located in the City of Arabia - Dubailand.

GIO is the real estate arm of the Galadari Group of Companies owned by Rashid AW Galadari.

Eqarat.com had recently showcased the state-of-the-art residential tower, which is due for completion in 2010, to investors and end-users at its offices near the Dubai International Exhibition Centre.

The 45-story, 280-metre ‘G Tower’, which has been dubbed the ‘Burj Al Arab of Residences’, is one of the highest residential towers in the UAE and is the tallest domestic tribute to the pursuit of pleasure and luxury living.

The high-end property features 240 apartments, three exclusive ‘G Suites’ and a duplex penthouse on the 44th and 45th floor, all of which are equipped with fully-integrated home appliance networking, advanced building management systems, and several innovative design and architectural elements.

Designed by internationally-recognised architect Alex Vacha, all apartments will have access to the tower’s three spacious sky decks.

Additionally, tenants will enjoy a host of conveniences, including 24-hour valet and concierge services and two parking slots, which are assigned to each unit.

"City of Arabia is an exciting residential, commercial and entertainment destination, which is expected to emerge as a model urban community within new Dubai,"  said Ali Al Rahma, CEO, Eqarat.com, said.

Upon its completion it will become home to more than 30,000 residents, thus becoming a haven for modern and luxurious living, he noted.

"‘G Tower’ will certainly be a unique and stylish landmark within this area, and we are truly pleased to be playing an important role as the point of contact for clients who are looking to invest in this iconic development,” Al Rahma added.

As the developer of one of the first branded developments in the region, GIO Developments has earned the distinction of being among the pioneering companies to introduce the luxury-branded lifestyle concept to the Middle East.

In line with its aims to leverage the growing popularity of branded developments, GIO has identified the opportunities in forging strategic partnerships with leading real estate players, such as Eqarat.com, as well as with other prestigious brands that could provide inspiration for its branded luxury projects.

Recently, the company embarked on a joint venture to develop a high-rise project named ‘Gianfranco Ferré Stresa’, which will pay tribute to the late Gianfranco Ferré, the prominent Italian designer and architect, and his beloved town of Stressa.

"These developments complement our own regional and global expansion strategies and will create opportunities for us to display the capabilities and connections we have acquired through 16 years of solid industry experience."

Additionally, the outstanding quality standards being set by GIO for its projects are in line with our own stringent benchmarks in excellence, which bodes well for the success of this partnership,” Al Rahma added.-TradeArabia News Service