Dubai Properties to showcase and release megaproject at Cityscape Dubai 2008

Dubai Properties, leading master developer and a subsidiary of Dubai Properties Group (DPG), yesterday announced it will release details on its new projects and showcase existing developments at Cityscape Dubai 2008, one of the largest business-to-business real estate investment and development events in the world.

The master developer is also an exclusive sponsor of the annual ITP Architecture Awards, the Media Centre at the trade center and the Cultural Evening organized by Cityscape, to be held on the 8th of October.

The exhibition scheduled to be held from 6-9 October 2008 at the Dubai International Exhibition Centre (DIEC) is the 7th edition of Cityscape Dubai and will bring together industry professionals including property developers, investors, government and property development authorities, architects, designers and consultants from over 130 countries.

The Dhs40-bn Mudon master development will be showcased at the 480 sq ft. Dubai Properties stand. Dubai Properties will launch the first aspect of Mudon, with 348 of the Cairo Townhouses made available for sale.

Mudon Cairo Townhouses comprises of a 1.4 million square foot cluster of 2-storey, 4 bedroom villas, within the Cairo section of the project. Expected to be completed in 2010, each villa within the cluster will include a garage for two cars, patio and garden and a first floor terrace.

Yaqoob Al Zarooni, Deputy CEO, Dubai Properties, said:

“As with every year, Dubai Properties looks forward to a fruitful participation at this edition of Cityscape Dubai. Over the past four years, the event has proven to be a key industry platform for spotlighting our offerings to a well-informed audience of investors and buyers. Based on the response received at previous participations, we are confident of garnering heightened interest in our stable of landmark projects and replicating our success.”

“Cairo Townhouses, the first aspect of Mudon to be released, is an exciting project that we are confident will attract major investor interest, and Cityscape is the appropriate time and place to put them on the market,”

he added.

As part of its support of architecture excellence and design from the emerging regions, Dubai Properties will sponsor the Cityscape Dubai Architecture Awards. The internationally renowned awards will bring together professionals from the GCC states, the Middle East, Asia, Africa, the Indian subcontinent and Australasia. Highlighting the multidimensional scope of architecture, the awards recognize achievement in select categories including residential, master planning, travel and transport, community, leisure, tourism and travel, environmental and Islamic architecture.

Al Zarooni added: ‘Dubai Properties strongly believes in valuing people and investing in excellence. As a leading master developer, we consider investing in human capital and nurturing growth in the company as our top priorities. We are keen to bring our organizational values to Cityscape Dubai by sponsoring the Architecture Awards.’

As sponsors of the Media Centre, Dubai Properties will offer an exclusive and well-equipped space to a constant stream of over 800 media professionals to ensure the event gains high visibility in the regional and international media.

Poised to become a trillion dirham master developer, Dubai Properties is currently implementing several unique developments around Dubai, including the Culture Village, Business Bay, Mudon, Tijara Town and The Villa.

AME Info/Press release