COMPLETED: OASIS HIGH PARK, 10F Res (DSO)

[Dubai-Lover]

Name: Oasis High Park
Floors: 10
Height: ?
Use: Res

http://www.oasishighpark.com

[AltinD]

Yeah, there was a full page add on Property section of GN. I googled though but couldn't find anything

[jixline]

high res render

http://www.fakhruddinproperties.com/...sis%20main.jpg

sorry for big size

[THE DUBAI GUYS]

from their website:


and a pic:


R

[bizzybonita]

[Wannaberich]

MAY 2008

Fakhruddin Properties, one of the UAE’s leading up-and-coming real estate development firms, reports that construction of its Oasis High Park Tower is progressing ahead of schedule, ensuring that the firm is able to deliver the finished project on time.

“We are very pleased with the way that this project is progressing, and look forward to handing it over on schedule at the end of next year. The progress of the Oasis High Park Tower thus far shows the depth of our commitment to producing state-of-the-art real estate on time,” says CEO, Mr. Fakhruddin.

The Dhs150m investment project, which is situated in Dubai’s Nad Al Sheba and consists of a basement level, ground floor, eight storeys and a rooftop terrace. Thus far, the first floor structure and slab work on the first floor have been completed, putting construction of the Oasis Tower project well ahead of schedule.

Fakhruddin Properties has enjoyed tremendous growth in the UAE in recent times, and is a forerunner in the implementation of smart technology in the building of its state-of-the-art homes. Other projects currently underway by this dynamic firm include the prestigious Maimoom Twin Towers and the Lake Central Towers, among others.

[Wannaberich]

August 15th 2008:
Courtesy of Imre.
For more photos of Silicon Oasis visit:
http://www.flickr.com/photos/imresol...7606754170310/

Silicon Oasis residents website:
www.siliconoasis.org


image hosted on flickr



image hosted on flickr

[Wannaberich]

Dec 7th 2008.
Courtesy of Imre.
For more photos of Silicon Oasis visit:
http://www.flickr.com/photos/imresol...7610788388033/

image hosted on flickr


image hosted on flickr

[Wannaberich]

ARABIAN BUSINESS:
Construction of Oasis High Park Tower, which is being developed by Fakhruddin Properties, one of the UAE’s leading up-and-coming real estate development firms, is progressing well as per the schedule, according to CEO Yousuf Fakhruddin.



He says that, in spite of the tough global climate the firm will be able to deliver the finished project on time.

“The progress we have made on Oasis High Park Tower shows the depth of our commitment to producing state-of-the-art real estate on time, despite adversity. Currently, the project is being developed as per the schedule, with work on the 8-storey building 85% complete. We are extremely pleased with the rate of progress, and we look forward to handing over the completed project, on schedule, during the first quarter of 2009.”

The project, which has an investment value of AED 150 million, is set to become one of Dubai’s leading landmarks.

Strategically located on Dubai’s Silicon Oasis, it is within easy access of Dubai International Airport, Jebel Ali Port and Dubai’s central business district, and is planned specifically with the vision of creating a true home that exudes warm elegance and gracious hospitality, offering residents an integrated lifestyle.

Fakhruddin Properties has enjoyed tremendous growth in the UAE since its inception, and is a forerunner in the implementation of smart technology in the building of its state-of-the-art homes. Other projects currently underway by this dynamic firm include, among others, the prestigious Maimoom Twin Towers and the Lake Central Towers.

[Wannaberich]

Taken Feb 6th

image hosted on flickr


image hosted on flickr


image hosted on flickr

[Wannaberich]

17-4-09 Topped Out

[malec]

Again, is that some scaffolding up there at the top or is it something else?

[Wannaberich]

Looks like its part of the building holding up those panels?

[Wannaberich]

Change to completed

[Wannaberich]

Completed please move

[Stephan23]

Wrote sale !!

[Wannaberich]

Sept 6th / 09

[Wannaberich]

Fakhruddin Properties hands over Oasis High Park

United Arab Emirates: 1 hour, 2 minutes agoPRESS RELEASE
One of Dubai's prominent and dependable developers, Fakhruddin Properties announced today the complete handover of the prestigious Oasis High Park.

Built at an investment of Dhs100m, the plush 160-apartment residential building, with an area of approximately 206,000 sq ft, is strategically located right off Emirates Road at the new business hub - Dubai Silicon Oasis.

Mr Yusuf Fakhruddin, CEO, Fakhruddin Properties, said:

"We are extremely pleased that despite the downturn, we have been able to keep our commitment to our clients. Silicon Oasis is a great community to begin with and has an incredible infrastructure. Owing to its brilliant location, Oasis High Park is one of the best addresses in town offering easy access from Dubai's main thoroughfare."


Oasis High Park offers world-class studios and one- and two-bedroom apartments equipped with the finest facilities. "During the course of its development, many extra lifestyle features were added to the tower to provide added value to our customers such as swimming pool, sauna, steam rooms, state-of-the-art health club and 24-hour security," he added.

The project has already been fully sold out. "For those who need our assistance we are helping to lease out and sell ready apartments. We are also facilitating our investors to get the maximum possible return on investment. In place is also a well trained customer relationship team with a strong background in portfolio management to service and advise our clients to manage their property portfolios with us in order to increase their return on investments in the minimum possible time frame," he said.

Despite the battering, Fakhruddin Properties remains committed to delivering quality and value to all its stake holders. Mr Fakhruddin said, "We never compromise on quality. Oasis High Park is open for all to see that the construction has been done to the highest standards. We thoroughly snagged the entire building ourselves before the handover to ensure that the execution has been done as per the stringent quality standards defined. Ultimately, we endeavor to keep our legacy for delivering quality and to rise as a dependable, committed and innovative developer, offering value and lifestyle to the changing needs of the current world."

Like the rest of the market, Fakhruddin Properties rode the wave of the Emirate's property boom for years. However, today admits Mr Fakhruddin, "Volumes and profitability are greatly reduced compared with last year. Prices have dramatically plunged putting into reverse the amazing surge. But despite the crash we have not stopped. Rather we have continued with the construction at all our projects by creatively fighting the challenges of the industry. Be it the Lake Central at the Business Bay or Trafalgar Central at International City all are progressing well. No doubt plans will have to be modified to meet new realities but the good news is that we are able to stick to our plans."

"Wisely channelizing and managing the cash flow is the key to success in the current scenario. Fakhruddin Properties has always taken steps which are simultaneously in the best interest of all its customers and suppliers. We are offering flexible payment plans to our customers who have invested their hard earned money with us in good hope," Mr Fakhruddin added.

Mr Fakhruddin advice to investors is, "According to our analysis, the real estate market meltdown is primarily due to investors' psychological fears and a general loss of confidence in the Dubai market. Some of the factors which have further contributed to the down turn are the speculators and short-term flippers in the market. However, this global recession has not hit as hard as it has in the western part of the world thus, still making Dubai a better choice. The prices of real estate market have nearly touched rock bottom and some of the areas in UAE are way under valued. This brings in the opportunity for cash buyers to invest in this market which is actually offering the best deal out of the lot."

"Investors are indeed protecting their existing assets, but the challenge lies in creating and maintaining a portfolio of productive, efficient and relatively liquid assets considering the current economic scenario. At the same time we do believe if investors have the holding power and the patience to wait till the property is delivered, they can definitely get a very good ROI in future," he added.

Mr Fakhruddin remains upbeat about the UAE's long-term outlook despite the market's current woes and believes spacing projects could provide the market the much needed soft landing. The carnage is widespread. Most are scaling back or hibernating in the hope of weathering the storm. What is great is that prices have stopped to drop like before. Within, Dubai, opportunities are still there and considering the history, they will never run short.

In reference to Fakhruddin Holdings, "We have been able to seize the opportunities offered by Dubai which has led us to develop and maintain a massive diversified portfolio. We strongly reckon that the future of Dubai is bright and the city will come out even stronger after this temporary phase," he said.

http://www.ameinfo.com/211249.html

[Wannaberich]

[zwamborn]

09-11-09
http://lh6.ggpht.com/_ZqK2vPa3OLw/Sw...iPhotos161.jpg