Mina Al Fajer joins Abu Dhabi property and investment show

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On the heels of the a construction milestone it achieved recently, Mina Al Fajer Real Estate will be showcasing its AED800 million Mina Al Fajer resort at the Fourth Abu Dhabi Real Estate & Investment Show (IREIS 2008) scheduled to take place from 30 Jan – 2 Feb at the Abu Dhabi National Exhibition Centre. Mina Al Fajer has been on the radar of property investors following its successful showcase in several property exhibitions in the last couple of months, impressing many with its exquisitely designed mixed-use lifestyle community spreading over 777,025 square feet, and beautifully blending the Hajar Mountains landscape with the Omani Gulf and Indian Ocean. The stunning sea-front property is at the forefront of Fujeirah’s booming real estate sector and is expected to again wow prospective investors in Abu Dhabi, which with the easing of the regulations on land and property ownership as well as the launch of mega-tourism, residential, commercial and infrastructure projects, the emirate of Abu Dhabi has emerged as one of the most dynamic real estate markets in the region. “We’re delighted to join the Fourth Abu Dhabi Real Estate & Investment Show to showcase our flagship property development project,” said Mr. Abdulrahman Al Awar, Managing Director, Mina Al Fajer Real Estate LLC and Director of Development and Investment in the private office of HH Dr. Sheikh Sultan bin Khalifa bin Zayed Al Nahyan. Al Awar added “Abu Dhabi has become a magnet for prospective property investors and has in the past year alone launched development projects on an unprecedented scale impressing the world over. Being here is imperative for any real estate developer that wants to be noticed and wants to attract international investors and achieve exposure on a worldwide scale.” Al Awar only recently reported that they have completed 80% of the construction work on their world-class marina, 100% excavation works for the hotel and land reclamation of the Marina apartments with piling works commencing. “As of this time, we have completed 80% of the construction work for our marina and with levels of platforms for the mountain villas 90% completed we are well ahead of schedule, which demonstrates our capacity as a developer and shows our unwavering commitment to deliver on our promises to our investors,” he said. Al Awar further added that the whole resort will be fully completed by end of 2009. Mina Al Fajer is a superb sea-front community that will include a marina, 48 mountain villas, 13 solarium villas, and 70 marina apartments, in addition to a 200-room five-star hotel that will be managed by the Fairmont Hotels and Resorts. With nature providing a dramatic backdrop to an upscale and exclusive resort, Mina Al Fajer promises contemporary, luxurious living experience that is unlike any other in the region.

 

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