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                          Home Construction Infrastructure

                          Kuwait's 'Burooj Views' completed

                          Press release

                          May 8, 2012
                          in Infrastructure, Real Estate
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                          The construction “Burooj Views” tower developed by Burooj Properties is completed. Tamouh, the main developer of the project, announced the end of the construction process and the commencement of the’ snagging’ process – which is one of the first steps to handover. Burooj Properties also informed its clients who were waiting in anticipation, that it had started the delivery process. The construction which began in 2006 is now completed and received a building completion certificate from Abu Dhabi Municipality. They also announced that the property’s water and electricity is now available for connection.
                          The end of the construction stage and beginning of the delivery stage of Burooj Views marks another successful landmark for Burooj Properties, a company which is building a strong reputation in the MENA region as a developer of value-added, innovative residential and commercial real estate projects in the UAE and North Africa. Burooj Views has received considerable interest because of its design and panoramic views, constructed over an area of nearly 350,000 sq meters and comprising a 45 storey tower, including two luxury penthouses, three parking levels and 350 residential units.
                          Its prime location as part of the Marina Square development of Al Reem Island which is one of the most attractive residential opportunities in the Gulf, with the 26.7 hectares Marina, featuring 14 buildings with over 827,000 sq. meters, part of the 5 million square meters island development, a project that has gained international interest as one of the first free zones in Abu Dhabi, where foreign nationalities can buy some of the 22,000 residential units as Freehold. With its prime location, natural beauty and facilities, it is little wonder many investors expressed interest in buying a property in the ‘Views’ long before the project was completed.
                          Adel A Al-Zarouni, Managing Director of Burooj Properties, said:  “Burooj Properties is keen to support the continued growth of Abu Dhabi in line of 2030 vision, by being a growing player in a market which has been driving force behind the region’s development in recent years. We are fully geared to meet the demands of our wide base of local, regional and international investors and customers and are confident that once the market has recovered, the individual and corporate investors can once again expect attractive returns on investments from our projects.”
                          Burooj’s portfolio also includes: the Jawaher Madinat MBZ, which is distributed among the most premium locations in Mohammed Bin Zayed City and comprises 11 villa clusters on 11 separate plots each comprises of 5 villas; the Sharjah Marina, a waterfront site comprising 12 hectares of mixed use development; the Al Qurm Gardens project in Abu Dhabi, which comprises 80 residential villas.
                          On a regional level, Burooj Properties is collaborating with the Egyptian Real Estate developer Palm Hills Development (PHD) in the new Cairo based project, Village Garden Katameya. The development is a master-planned residential community and is the first joint project between Burooj Properties and PHD. Burooj Properties’ services comprise property development, property valuation, property management, real estate investments.
                          Press release
                          8 may

                           

                           

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