Emaar Properties has announced the launch of the concluding phase of the Springs, the company's waterfront property. Bookings commence from February 26, 2004.
The Springs features pools, parks, nurseries, spas, gymnasiums and mosques, to schools, shopping arcades and community centers. The community also features 24 hours security, year-round maintenance and wide expanses of play areas.
Emaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market. Currently, it has thirteen major real estate projects under various stages of development. These developments include Dubai Marina, Dubai Marina Villas, Arabian Ranch Gazelle, Emirates Hills, the Views, the Meadows, the Springs and the Lakes. The company also owns and manages the Gold and Diamond Park and will be launching plans for its most ambitious project to date, the Burj Dubai.
While Emaar continues to actively pursue expansion in its core business of innovative, high quality real estate development, it has diversified into related business lines to further build value for its 41,000 shareholders. In line with this corporate belief, Emaar also owns and manages four subsidiaries – Dubai Bank, focused on retail and commercial banking, Amlak Finance, the UAE's first and only mortgage finance company, EMRILL, a joint venture with the UK-based Carillion plc which provides innovative property and facilities management services, and it technology and communications company, Sahm Technologies. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
