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Al Madar to showcase $163m projects

Dubai, February 18, 2008

Al Madar Property Investments will showcase projects worth Dh600 million ($163m) at International Property Show (IPS).

Al Madar will display its latest development projects at IPS 2008, which are the Coopet, a mixed-use building located at a prime location in Dubailand; Siraj Tower, a mixed-use building located at the heart of Dubailand; and Paradise, a residential development in the heart of Lusail, Qatar, the property developer said in a statement.

'The Gulf region's ongoing economic boom has brought exciting opportunities for growth in the property sector. Al Madar has seized the opportunity to further expand our portfolio of world-class property developments by launching projects that are optimally located in strategic areas across the Gulf,' said Al Madar Group Managing Director Engineer Haider Abdulreda Mashhadi.

Coopet offers a combination of retail facilities and a residential complex of balconied apartments. It features an electronically controlled basement and ground-level parking, 24-hour concierge service, gym facilities, rooftop swimming pool and a wide range of other leisure amenities. The Coopet offers 61 studio, 24 one-bedroom, 16 two-bedroom and 8 three-bedroom units.

The 30-storey Siraj is a visionary development that stands out with its striking balance and symmetry and with its Spanish and Roman-inspired architecture. It features state-of-the-art, computer-controlled intelligent homes, complete frame with powder-coated aluminium windows, balconies to all units, concierge counter, 24-hour security, two basement levels of car parking and a leisure deck with a main pool, kids' pool, adult Jacuzzi, gym, changing areas with saunas, playroom and communal hall.

Paradise is comfortably located overlooking a park and has been developed as a haven for both professional and family life with its elegantly designed interiors, exterior and landscaping. Paradise is strategically surrounded by business and entertainment districts and is within a short distance from the beach and the corniche.

Al Madar will also exhibit its other offerings at IPS 2008, including a Hotel, and an office building in old Salata road; distinct Gulf developments whose excellent sales performance have greatly influenced the firm's rapid growth.

IPS 2008, to be held in Dubai from February 17-19, 2008, will feature prime real estate projects across the globe ranging from commercial properties to high and low-density residential developments, distinctive leisure and shopping centres as well as upscale resorts and hotels.

The event is also regarded as a powerful networking platform that attracts high net-worth investors, and leading players in the local, regional, and international property markets, and other related industries. – TradeArabia News Service




Tags: property | real estate | Realty | Al Madar | investments |

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