Leading property developer, Sorouh Real Estate has announced its sponsorship as a Platinum sponsor of Cityscape, Abu Dhabi set to take place from May 8 – 10, 2007 at the Abu Dhabi National Exhibition Center. Sorouh will showcase its flagship projects, and will be highly visible through extensive branding on display throughout the Exhibition Centre.
Mounir Haidar, Sorouh CEO commented “Cityscape Abu Dhabi provides an excellent platform to attract key investors and decision makers within the real estate industry –We are very proud to be supporting this important exhibition. Abu Dhabi is Sorouh’s key market, and one of the most sought after and fastest growing investment sectors in the world. Participating in this prestigious event will allow us to network with powerful regional and international property investors and developers. We are looking forward to building new relationships as well as cementing our existing partnerships.”
Sorouh will be showcasing its premium luxury lifestyle projects including Shams Abu Dhabi, Sorouh’s prestigious AED 25 billion landmark development located on Reem Island. Shams Abu Dhabi is a self sustaining city of canals and parks which integrates world-class master planning practices offering a balanced life to its residents. Visitors will also be able to see model of Central Park, a major attraction project in Shams Abu Dhabi, offering one million square feet of open space and recreational amenities which will position it as a daily destination for residents and visitors. Also displayed will be the Gate District; a complex of eight high rise towers which will be a visual entry point or ‘Gateway’ to Shams Abu Dhabi.
About Sorouh Real Estate
Abu Dhabi based Sorouh was established on June 26, 2005 with a capital of AED 2.5 billion. Today it is one of the largest real estate developers listed on the Abu Dhabi Securities Market with a market cap close to AED 6.9 billion. It is one of the most widely held issues with approximately 55,000 shareholders..
Sorouh's corporate vision is to "bring communities to life in perfect balance". Its real estate projects are master-planned and designed to meet the four core needs of human wellbeing: physical, intellectual, social and spiritual. SOROUH employs in excess of 120 highly qualified professionals operating in the field of master-planning and master-development.
Sorouh’s now has around AED 50Bn of projects under development. These include:
Shams Abu Dhabi, Sorouh’s flagship project is an AED 25Bn landmark development on Reem island. A complete new city of 75,000, Shams Abu Dhabi will be self sustaining city of Canals and Parks which integrates world-class master planning practices and extends the lush green of Abu Dhabi’s landscape.
The Gate District on Shams Abu Dhabi is a cluster of 8 towers located at the entrance to Shams, Abu Dhabi. Now architecturally renowned worldwide the AED 11Bn residential, office and retail development is designed as a Gateway to the Peninsula from Reem Island. The Gate District also includes the AD 2.2Bn 83 storey Sky Tower which will be a pinnacle of luxury for its residential and commercial occupants as well as Abu Dhabi’s tallest building when completed.
Lulu Island opposite the Abu Dhabi Corniche will be the City’s most prestigious and sought after district. Housing 45 – 50,000 residents 85% of whom will have sea views this AED 14.5Bn development will be one of the most beautiful places in the entire region
Sorouh has also the Golf Gardens overlooking the Abu Dhabi Championship Course, the Abu Dhabi Aviation Authority residential project, Al-Shamkha national housing project, the Tala Tower and Saraya on the Abu Dhabi Corniche. In its first venture outside the UAE Sorouh will also be involved in developing the 7,000,000 m Sq ft Bab Al-Bahr project in Morocco.
