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Jumeirah Lakes completes residential cluster

Dubai, June 26, 2010

The 200-hectare Jumeirah Lakes Towers (JLT) free zone administered by the Dubai Multi Commodities Centre Authority (DMCC) reached a significant milestone in its ongoing development with the completion of its residential cluster.

The S Cluster, one of 26 similar clusters within JLT, offers residents a premium community environment within the JLT, a mixed-use free zone in Dubai with freehold property options.

The cluster S comprises three residential towers which will eventually support approximately 1,400 residents.
 
“The JLT development will consist of 87 towers and is well on its way to becoming a vibrant community with the first complete cluster being handed over at Cluster “S”,” said Ahmed bin Sulayem, executive chairman of DMCC.

“JLT was conceived as a mixed-use development catering to both businesses and residents with the cpromise of a superior quality of life with its world class infrastructure and living amenities.

The completion of this first cluster reinforces this objective and signifies the sustained progress made by DMCC as a master developer to make the JLT free zone the most sought after address for residents and businesses alike,” he noted.

Cluster S boasts landscaping and walkways, promenade seating and retail, surrounding one of the four lakes that will eventually form the hub of activity in the JLT development. The JLT, when complete will house some 140,000 residents.

A dynamic community comprised of high-rise residences, expansive retail and spacious offices, JLT offers the best of all worlds, in new Dubai’s most desirable district. JLT will comprise 87 purpose-built towers and supporting infrastructure.

JLT houses DMCC’s headquarters and over 2,000 other local, regional and international firms. The development is fully equipped with state-of-the-art facilities designed to provide industry-specific support to DMCC member companies.-TradeArabia News Service


 




Tags: DMCC | Jumeirah Lakes Towers | residential cluster |

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