Memon Investments’ AED 145 million Champions Tower III completely sold out

Published November 11th, 2007 - 11:34 GMT
Al Bawaba
Al Bawaba

Memon Investments, a leading Dubai-based property developer, recently announced that it has completely sold out all units of its AED 145 million Champions Tower III, the largest residential tower under the Champions Towers series. Strategically situated in Dubai Sports City, the prestigious project generated huge amount of interest from investors in regional and international markets. The developer attributes the overwhelming success to its extensive pre and post launch marketing campaigns held throughout Asia, Europe and the Middle East.

Champions Tower III’s high-tech functionality and contemporary architectural design has caught the investors’ and end-users’ attention. Envisioned by the prestigious award-winning architectural and engineering firm, Eng. Adnan Saffarini Office, the 16-storey residential tower offers a choice of 256 elegant units comprising of studios, one-bedroom and two-bedroom apartments. In addition, the tower also boasts of a fully-serviced health club, communal swimming pool, rooftop juice bar, steam and sauna facilities as well as separate fitness gyms for both men and women.

With a total built-up area of 250,000 square feet, Champions Tower III’s features include a spacious fine marble lobby, 3 high-speed elevators, basement parking, covered parking on the ground floor, concierge and valet parking services, 24-hour manned security and an in-house maintenance team. World-class stadiums and academies, educational, religious and healthcare facilities, as well as posh restaurants and cafés and a sports-themed shopping mall in the gated community are all at walking distance from the luxurious residential property.

“The response we generated for Champions Tower III speaks of the level of investor confidence in the Memon brand and in the viability of our projects, which was proven by achieving a sold out status within months of its launch. As developers, we ensure that our properties are exceptional in terms of design, quality and location, and thus, offer premium returns for our investors and end-users. Our intensive sales and marketing strategy has also played an important role in our record sales particularly of the Champions Towers series,” said Ahmed Shaikhani, Managing Director, Memon Investments.

Memon Investments had undertaken a comprehensive marketing strategy earlier this year, which included participation in different events and road shows to showcase the excellent amenities of Champions Tower III.

“Our success is reflective of our commitment to exceed customer expectations in line with our customer-centric approach. We are leveraging our strong performance and furthering our goal of becoming a major player in the property industry by diversifying our portfolio with projects that suit our clients’ every need and budget,” concluded Shaikhani.

About Memon Investments LLC:
Memon Investments LLC is a leading Dubai-based property developer offering a whole gamut of property-related services to the Middle East market and the world. The company has attained ISO 9001:2000 certification, an internationally accepted quality management certification system, following a rigorous assessment by IMS Certification Plc. It is poised to become a leading property player by focusing on its core competencies on acquisition, design and development, consultancy, leasing and management of properties to bring a diversified portfolio of premium property projects.

Memon Investments, the property development arm of the international business conglomerate, the Memon Group of Companies, leverages the over 28 years of real estate development experience of the group, having delivered over 30,000 units across the globe with a presence in 90 countries spread across Asia, Africa, Middle East and Europe. The UAE portfolio includes prestigious residential projects namely, Champions Tower I, II and III located in Dubai Sports City and its inaugural commercial venture, Cambridge Business Centre located in Dubai Silicon Oasis.