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Memon's $69m ‘Champions Towers' on track

Dubai, December 9, 2009

Memon Investments, a leading Dubai-based property developer, has reported that construction on its $69.4 million ‘Champions Towers II’ (CT II) and ‘Champions Towers III’ (CT III) projects is on track and witnessing continuous progress.

The leading property developer reported that it has already completed 6 out of 14 floors and 5 out of 16 floors for CT II and CT III respectively.

Memon has also detailed the awarding of various important contracts to some of the UAE’s top contractors and MEP companies. Anwar Al Aqsa, a leading MEP contractor, will manage the electrical, fire alarm, plumbing and fire fighting installments for the two towers.

The installation of elevators for CT II and III has been awarded to ETA Melco, who will be installing six high-speed, state-of-the-art Mitsubishi units, whilst shoring, initial excavation and foundation work has been undertaken by Stromek Emirates Foundation.

Further, Al Sarh Contracting has been placed in charge of construction for both CT II and CT III. In addition, Hi Tech Electro Mechanical Contracting has also been awarded the contract to install York air conditioning units for the CT II project.

“Various construction projects in the UAE have reported delays and difficulties as a result of being affected by the current economic downturn. However, Memon Investments remains committed to its promise of on-time project delivery,” said Rizwan Shaikhani, joint managing director, Memon Investments.

Champions Tower II is a 14-storey tower with a total built-up area of 231,454 sq ft, which will include 172 apartments comprising 72 studios, 72 one-bedroom and 28 two-bedroom apartments, each with its own magnificent view of the lush greenery exuding a relaxing ambience.

The tower provides easy access to an 18-hole golf course, a cricket stadium and various sport-oriented academies, rugby and football pitches and a track and field stadium.

The tower also offers a handful of modern facilities including a communal swimming pool, spa and sauna, Jacuzzi, a fully equipped gymnasium and an indoor games room.

Champions Tower III is a B+G+15+HC tower with a total built-up area of 283,672 sq ft, and offers a total of 254 elegant units comprising studios, one-bedroom and two-bedroom apartments.

CT III features include a spacious fine marble lobby, three high-speed elevators, basement parking, ground floor covered parking, concierge and valet parking services, 24-hour manned security and an in-house maintenance team.

World-class stadiums and academies, educational, religious and healthcare facilities, as well as posh restaurants and cafés and a sports-themed shopping mall in the gated community are all at walking distance from the luxurious residential property.-TradeArabia News Service




Tags: Dubai | property | real estate | Memon Investments | Champions Towers |

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