Rasyat Real Estate participates in Cityscape Abu Dhabi 2008

Rasyat Real Estate participates in Cityscape Abu Dhabi 2008
Rasyat to present its maiden project in the UAE, the prestigious and luxurious Burj Al Yaqut, set to rise in Danet Abu Dhabi.
Rasyat Real Estate, a subsidiary of leading Saudi company Mohamed Al Nahdi Real Estate Group, today announced their first ever participation in Cityscape Abu Dhabi which will run from May 13 to 15 at the state-of-the-art Abu Dhabi National Exhibition Center.
The second edition of Cityscape Abu Dhabi promises to be bigger than its predecessor. Cityscape Abu Dhabi is an annual networking exhibition that showcases all aspects of property development and celebrates the very best in real estate, architecture, urban planning and design—attracting investors, property developers as well as architects and designers from the region and around the globe.
Mr Mohamed Al Nahdi, Chairman of Mohamed Al Nahdi Real Estate Group stated that: “Our participation is in line with the company’s long-term strategy of consolidating its position in the UAE real estate market by establishing new values of quality, innovation and excellence.”
Burj Al Yaqut is one of the free hold residential development towers currently ongoing in Abu Dhabi main islands. With its iconic exterior and space optimizing design, the tower is set to become an architectural landmark, adding dynamism to the city skyline. Considered as the first genuine investment opportunity on the island of Abu Dhabi, Burj Al Yaqut allows Emiratis to buy 1, 2 and 3-bedroom apartments in the new heart of Abu Dhabi, Danet Abu Dhabi. Danet Abu Dhabi is one of the region’s best-
planned communities, leveraging sophisticated metropolitan design in a futuristic environment.
“The booming real estate market in the UAE is a result of the ever growing demand for properties that combine innovative design, value-driven facilities and amenities and the utilization of state-of-the-art technology,” said Engineer Mubarak Al Nahdi, CEO, “ Rasyat Real Estate “.
Along with its commitment to delivering projects on time, Rasyat Real Estate adopts a clear-cut strategy of providing new architectural concepts and innovative designs. "This is very evident in the manner in which Burj Al Yaqut has been planned and designed: creative, luxurious, first-rate, and ideally situated—all the reasons why it is very popular among discerning investors,” added Mr Mohamed Al Nahdi.
The tower is set to be completed at the end of 2009 and will comprise 23 residential and commercial floors, with three levels for parking and a total of 189 apartments ranging from 75 to 190 square metres.
Mr. Mujahed Ben Nasser, Managing Director, Rasyat Real Estate:” Rasyat Real Estate has various projects in the pipeline which will be announced in the near future”.
Rasyat Real Estate was established with the objective of focusing on dynamic real estate projects in the UAE, starting with Abu Dhabi. As part of Al Nahdi Group, Rasyat has years of expertise in real estate and this, combined with key studies, enables the company to focus on specific market needs by offering the highest standards of property solutions.