Commercial real estate investment opportunity in heart of Abu Dhabi

Published May 6th, 2007 - 12:44 GMT

Al Odaid, the real estate subsidiary of Al Ghaith Holding, announced today at a press conference their commercial tower, Burj Al Jewn, for sale to investors at the Danat Abu Dhabi site. Burj Al Jewan is due for completion in December 2009 which will make it one of the first completed commercial projects for sale on the main island of Abu Dhabi.

Burj Al Jewn has been designed with all modern conveniences required for businesses in today’s high speed, hectic world. Layouts in the tower offer office space from 74 square metres rising to 1674 square metres and prices start at a competitive AED 1200 per square foot. The tower has been positioned to appeal to investors looking for affordable commercial solutions and the plot incorporates ample parking; leisure facilities such as swimming pool and gym; and space for retail outlets all packaged in a high quality, premium finish. Al Odaid has tied up with premium motor company Aston Martin and as an added bonus for investors buying a floor will receive a complementary luxury Aston Martin Vantage V8.

Established in 2002, Al Odaid is backed by one of the UAE’s leading Holding Companies, Al Ghaith Holdings. Al Odaid’s belief is to provide real estate solutions, residential and commercial, at affordable prices with state of the art, modern amenities which enhance the lifestyle of those living and working within the UAE.

Ghaith Hamel Al Ghaith Al Qubaisi, Vice-Chairman of Al Ghaith Holdings and Al Odaid said at the press event: “Al Odaid’s objective is to be a partner in the development of the UAE’s rapidly expanding infrastructure. Al Odaid offers investors opportunities that will yield solid financial returns and also returns in the form of appreciated lifestyles.” He concluded by saying that Burj Al Jewn is a commercial project positioned as an investment for the company and the company has others that will be announced soon.

The strategic location of Burj Al Jewn is a prime selling point. Located in Danet Abu Dhabi, a master community developed by Al Qudra, the tower is within easy access to all areas of the city as well as being close to the main road leading to Dubai, Al Ain and other regions of the UAE.  Danet Abu Dhabi will be completed within 3 years and will provide a host of amenities and facilities.

About Al Odaid Real Estate

Established in 2002, Al Odaid is the real estate arm of one of the country’s leading Holding Companies, Al Ghaith Holdings.

Al Odaid commenced operations by specializing in real estate development and leasing. Al Odaid has kept pace as the UAE market has developed and opened doors for foreign investment in the real estate market and now incorporates real estate investment opportunities in its portfolio.

Every Al Odaid project is meticulously researched and strategically planned in consultation with experts in the field of architecture, engineering, infrastructure and internal design. The needs of the local population are analyzed so the company can offer the most effective solutions for investors.



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