Al Madar Group launches Suhail Tower
30 November 2008
One of the leading property developers in Gulf region, Al Madar Investments, an arm of the Al Madar Group, has launched the Suhail Tower, a residential project at the Madinat Al Arab area of Dubai Waterfront. The project is estimated to be worth Dh.1.4 billion (GBP 260 million).
The 47 storey tower with studios, single, double and triple bedroom apartments is expected to be complete by 2011. The apartments would consist of state-of-the-art home automation system, swimming pools, badminton court, gymnasium, cafes, retail outlets and concierge services.
According to the Sales and Marketing Director of Al Madar Investments, Keith Pepperdine, the ideal location of Suhail Tower is a major aspect for its selling point.
Speaking during the launch of the tower, he pointed out that the project is located in tranquil surroundings in close proximity to several major destinations in Dubai, offering wonderful views over the Arabian Gulf from all levels, with the open Parkland and Canal running alongside the back of the project.
Suhail Tower is the latest inclusion to Al Madar's portfolio. The other major projects by the developer in Dubai are the mixed-use development Coopet in Arjan in Dubailand, the Siraj Tower also located in Arjan, the Bellagio Tower a commercial development in Liwan at Dubailand, and a residential tower called Scala Tower at Business bay.
Madinat al Arab is one of the ten locations in the Dubai Waterfront, being developed by an international group of planners, architects and developers. The area is poised to be the new downtown of Dubai and Central Business District. It will feature residential, commercial, retail spaces and resorts, linked by an integrated transport system.