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Almasah Project On Track

The real estate company announces that 84 villas of Sahara Living will be ready for handover by October 2010, as scheduled.

| | Feb 15, 2010 | 10:17 am
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The real estate company announces that 84 villas of Sahara Living will be ready for handover by October 2010, as scheduled.

Dubai-based Almasah International Real Estate Company has announced that construction work on Sahara Living, an 18,116-squaremetre residential development, consisting of 84 villas, is nearing completion, and would be handed over by October 2010, as promised.

“Sahara Living sold-out because of the great design, landscaping and community-feel,” said Almasah Chairman, Abou Taleb Talebi. “We have an obligation to deliver to the investors that believed in this project, and we would never let them down.”

Located in Dubai Industrial City, valued at Dh100 million and targeted towards middle-income investors and families, each of the three-bedroom villas includes a small garden, with villa clusters grouped around community pools, BBQ areas and playgrounds, surrounded by greenery.

Reem Dubai Contracting was appointed for the main construction project and began work in April 2009. Since then, say the developers, the project has made steady progress, despite many other projects coming to a halt in Dubai.

When asked how Almasah was able to continue work on schedule, despite the troubles facing most developers in Dubai, Talebi explained: “Our projects are well-planned, and we have firm backing; otherwise we would not be here. We hope that the completion of our projects helps encourage more investments in Dubai, because we are confident in the vision of the city, and of the UAE as a whole.”

Almasah presently has a total of 19 projects under construction, with a total value of Dh3.2 billion, including Chess Tower, valued at Dh200 million, in Dubai Sports City, Nathalie Tower, Blue Moon Tower and Noah’s Arc Tower, jointly valued at Dh800 million on Palm Jebel Ali, and 14 projects, all located in Jumeirah Village South, valued at Dh 2.1 billion.


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