Project: Nadra Tower
Developer: Al Sharq Investment
Type: Commercial freehold
Floor Count: 30
Status: Approved
Construction Start: 2007
Construction End: Sept. 2008

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New projects for Al Sharq worth US$ 1.2 billion

Dubai-based property developer, Al Sharq Investment, has announced today that they are launching six major projects in Dubai with a combined value of US$ 1.2 billion.

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Ali Al Shehri, Chairman, Al Sharq Investment.

One of their residential development projects is Al Sharq Tower, which once completed will be the tallest tower on Dubai's Sheikh Zayed Road.

With construction starting in April next year, Al Sharq will reach new heights with their signature landmark appropriately named Al Sharq Tower. Positioned in the centre of Dubai's business district, the 100 storey, 360 metre tower consists of 268 luxury apartments and notably allows buyers the option to customise their own individual floor plans. Designed by the internationally renowned Skidmore, Owings & Merrill (SOM), the iconic vertical resort has eight cylinders defined by a spiraling filigree structure, which will create a unique marker on Dubai's main highway.

'Our business strategy is to offer an expanding portfolio of signature projects with cutting-edge design and uncompromised quality. These projects reflect our commitment to market demand for high-end, quality driven and innovative real estate developments,' commented Ali Al Shehri, Chairman, Al Sharq Investment.

Their other projects carry some of the most prestigious addresses in Dubai such as the 400 room luxury resort hotel, W Dubai - The Palm on the crescent of the Palm Jumeirah. W Hotels®, the world's fastest growing luxury hotel brand, is a part of Starwood Hotels & Resorts Worldwide, Inc.. At a cost of US$ 180 million, the hotel is due for completion in December 2009. Al Sharq will also release 200 prestige freehold residences on the Palm Jumeirah, adjacent to the W Dubai - The Palm, featuring 40 metres of pristine beach front.

Steve Tight, Chief Executive, Al Sharq Investment, stated, 'To achieve our highest quality standards we partner with world-class organisations, from the start of the project through to completion and beyond. Distinguished architects, leading construction companies and internationally branded operators are all meticulously selected to ensure that we deliver our promise to not only meet, but exceed our clients' and guests' expectations.'

In Business Bay, Al Sharq will develop two architecturally stunning towers, Rawasi Tower and Nadra Tower. The 35 storey commercial Rawasi Tower offers 590,000 square feet of freehold office space and 58,000 square feet of retail space, in a prime location at the gateway to Business Bay. The project will be finished by September 2009 at a cost of US$ 140 million. The Nadra Tower consists of 30 storeys and will be ready for occupancy a full 12 months before its sister property Rawasi Tower.

Over at Dubailand, having already launched Aqua Dunya Resort, a water themed family entertainment destination spread across more than 60 hectares, Al Sharq has added Aqua Dunya Residences which contains over 1,600 freehold apartments for sale along Emirates Road adjacent to the City of Arabia. The community includes a lakeside hotel, restaurants, cafes and bars with water taxi service to the adjacent Aqua Dunya Resort. This residential development takes Al Sharq's total investment in Dubailand to over US$ 1.7 billion alone.

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very interesting tower!

i like this developers projects,, they are all classy and very high quality....

i applaud them for looking to be different with quality

Al Sharq projects are amazing!!

I feel that the word "business" in the area's designation is heavily influencing the design on the buildings being planned for it.

love this one as well~~ :)

excellent design

added to emporis

boxes set on top of each other. the americans will like it. not sure what to think of it though.

copy of the AG Tower in DMCC

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i like the cube form of that tower

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Take Note. MENTIONS BUILDING PERMIT NO. Unlike other that nave none.

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hilarious. Almost two years after first post.

At least they are building it...

They require permit to start construction. Hopefully rise soon.
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This is now called Tamweel Tower

Will Update Thread title

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They are still waiting for Tecom Permission

Never Built

They are filling the plot with sand, when I asked the on site what was happening he said. "Project Cancelled"

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I was like WTF whenI saw a good 20% of the plot filled with sand today.

1. What is going to happen with this plot?
2. If nothing is going to be build here, what will Deyaar do with the ugly side of the podium?

How hilarious they are filling the entire excavation with sand now..

They will probably sell the plot, either back to DP or to another developer.

How hilarious they are filling the entire excavation with sand now..

They will probably sell the plot, either back to DP or to another developer.


Land Prices are OP. 250 AED sqft now.

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Nearly full.

Why is this thread called Tamweel Tower? Tamweel were advertising Tamweel Tower in JLT, so I doubt they have two with the same name...