#UNDER C: CAMBRIDGE BUSINESS CENTRE, 10F Com (DSO)

[Wannaberich]

Promotional film
http://www.memon.ae/videos/cambridge/Cambridge.html

Feb

[Rob Timpie]

New photo's (Memon website)

[IMG]http://i42.************/34zwp07.jpg[/IMG]

[IMG]http://i43.************/2h3mwaw.jpg[/IMG]

[Wannaberich]

17-4-09

[Imre]

Record pace of construction on AED 80 million ‘Cambridge Business Centre’

Memon Investments prepares to handover project to investors by fourth quarter of 2009

April 20, 2009

Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, the Memon Group of Companies, has revealed that it is witnessing unprecedented construction progress on its AED 80 million ‘Cambridge Business Centre’ project in Dubai Silicon Oasis, despite the massive setback being faced by the UAE real estate and construction sectors. With construction of 3 of the 10 floors completed, initial steps are already being made in preparation for the scheduled handover of the project to the investors by the fourth quarter of 2009. The announcement is in line with the developer’s aims to build and deliver existing projects by leveraging its strong financial backing and partnerships with leading construction companies.

As Memon Investments’ first commercial project in the region, ‘Cambridge Business Centre’ is the collaboration of a dedicated team of industry professionals who were tapped to bring in their expertise and ensure that the project will be at par with global standards for luxury commercial developments. Cairo Contracting Company, which has been awarded the main contract for the business tower, is among the UAE-based companies spearheading the construction progress of the commercial tower. Other construction majors involved in the project include WIN GATE Electromechanical Services, Stromek Emirates Foundation, HI-TECH Electro Mechanical Contracting Est., and Shanghai & Arabian Electromechanical LLC.

“We are very proud to announce the exceptional progress we are seeing in the construction of our inaugural commercial tower, especially at a time when many construction projects are being delayed or cancelled as a result of the financial turmoil,” said Rizwan Shaikhani, Joint Managing Director, Memon Investments. “I believe that it is our strategy - one that involves strategic partnerships with leading construction organisations, as well as our fervent desire to satisfy the requirements of our customers - that is driving our success amidst these trying times.”

Set to feature classic British architecture across its small, medium and large offices, ‘Cambridge Business Centre’ will boast of advanced facilities such as Wi-Fi technology, keyless entry and hi-speed internet connection. Commercial tenants are expected to benefit from the host of services and facilities on offer within the tower, which is set to house retail shops on the ground floor, banking facilities and a travel agency, in addition to amenities for rest and relaxation such as a fully-serviced health club at the rooftop. The 10-storey tower will offer a total built-up area of 160,000 square feet upon its completion by the fourth quarter of 2009.

“Cambridge Business Centre marks the first commercial project we have launched and the success of this development is essential in our aims to build a strong repute within the UAE real state market. Our unwavering commitment to quality has brought us to our success in Dubai, and we are confident that this upward momentum will propel out growth within other promising destinations across the Emirates as well as the region,” concluded Shaikhani.

[IMG]http://i43.************/2hpkh7r.jpg[/IMG]

[IMG]http://i42.************/evdesi.jpg[/IMG]

[Wannaberich]

June 19th

[agod]

Anybody received an email today about connection charges and pre-registration?

Al

[Wannaberich]

29/07/09



http://www.rpdubai.ae/rpdubai/Shared...r/645_3901.jpg

[Wannaberich]

Sept 6th / 09

[Wannaberich]

Prime commercial tower in Dubai Silicon Oasis moving towards delivery
http://www.menafn.com/qn_news_story_...yId=1093282978

[Imre]

Originally Posted by Wannaberich

Prime commercial tower in Dubai Silicon Oasis moving towards delivery
http://www.menafn.com/qn_news_story_...yId=1093282978

same article but I have one more pic

http://imresolt.blogspot.com/2009/11...out-of-10.html

[IMG]http://i38.************/2n9ffys.jpg[/IMG]

[Blizzy]

How is this a tower...

[THE DUBAI GUYS]

Cambridge Business Centre on schedule

* Staff Report
* Published: 00:00 November 28, 2009
* Gulf News

Dubai: Memon Investments, part the Memon Group of Companies, has announced that it has completed nine out of the ten floors within the Cambridge Business Centre (CBC) project, its inaugural commercial venture located in Dubai Silicon Oasis.

The Dh80 million tower is expected to be delivered on schedule.

With a built-up area of 160,000 square feet, CBC is the first project in the region comprising 10 floors that are all dedicated to commercial space.

Memon Investments has partnered with leading construction partners for the project, with Cairo Contracting Company bagging the main contract for the business tower.

"Our initial venture in commercial property development is shaping up to be another success for Memon Investments, cementing our repute as a dynamic construction organisation," Rizwan Shaikhani, Joint Managing Director, Memon Investments, said.

Inspired by classic British architecture, CBC will offer small, medium and large offices that are fully equipped with technologically advanced facilities such as Wi-Fi technology, keyless entry and hi-speed internet connection.

The development will also house retail shops on the ground floor.

http://gulfnews.com/business/constru...edule-1.533188

R

[Imre]

UAE real estate market to witness a demand-supply balance in 2010, says Shaikhani Group

Company asserts commitment to go ahead with construction of all launched projects worth AED 1.34 billion

March 08, 2010

Amidst expectations that the UAE’s economy will rise by 3.2 per cent in 2010, Shaikhani Group, a multibillion dollar international business conglomerate with interests in real estate development, trading, manufacturing and IT, has predicted that the country’s real estate market is poised for demand-supply balance this year. A representative from the company referred to recent data released by Proleads and added that despite the cancellation of 566 projects in the UAE, a total of 806 properties currently under construction are expected to be delivered soon, and this will help attain stability in the property sector. Amidst all this, the Group is assuring its investors of its commitment to go ahead with construction of all its launched projects, which have a collective value of AED 1.34 billion.

With transparency as its utmost priority, Shaikhani Group has reported that construction on its ‘Champions Towers I’ (CTI), ‘Champions Towers II’ (CT II) and ‘Champions Towers III’ (CT III) projects is witnessing continuous progress. The leading property developer reported that it has already 14 levels of CTI, 8 out of 13 floors and 7 out of 15 floors for CT II and CT III respectively. Furthermore, it has also completed nine out of the ten levels within ‘Cambridge Business Centre’ (CBC) project, its inaugural commercial venture located in Dubai Silicon Oasis. The company also previously announced that it is fast-tracking the construction of ‘Gardenia I & II’ and ‘Frankfurt Sports Tower I’, and has awarded various important contracts to a number of top contractors.
More here:

http://imresolt.blogspot.com/2010/03...o-witness.html

[Imre]

Memon Investments completes superstructure of AED 80 million ‘Cambridge Business Centre’

Major commercial tower in ‘Dubai Silicon Oasis’ on track for delivery



April 26, 2010

Memon Investments, a leading Dubai-based property developer and part of the multibillion dollar international business conglomerate, the Shaikhani Group, announced that it has completed the construction of the superstructure of the AED 80 million ‘Cambridge Business Centre’ (CBC). Company officials stated that construction of all 10 floors of its inaugural commercial venture, located in Dubai Silicon Oasis (DSO), have been complete in line with plans to deliver the tower by the second quarter of 2011.

Following the completion of majority of the block works, Cairo Contracting Company, the main contract for the business tower is currently proceeding with the internal plaster and tile work. In addition, Memon’s partnership with several leading construction partners, including Stromek Emirates Foundation (shoring), WIN GATE Electromechanical Services (MEP), HI-TECH Electro Mechanical Contracting (air conditioning), and Shanghai & Arabian Electromechanical (elevators), has contributed to its fast-tracked progress. Furthermore, the rapid development of the project is being mirrored by the master developer’s aggressive work on DSO’s infrastructure.

“As we inch closer to the delivery of this unique commercial tower, we remain committed to our promise to our investors of a commercial space that will incorporate all the amenities to provide their business with the necessary edge and help them become more competitive and accessible to their customers,” said Ahmed Shaikhani, Managing Director, Memon Investments. “We have the highest confidence that ‘Cambridge Business Centre’ will be one of the most important addresses for both start-up companies seeking to establish new operations in the UAE and major players undergoing expansion.”


More info:

http://imresolt.blogspot.com/2010/04...completes.html

[bizzybonita]

[Coolchuck007]

Originally Posted by agod

Thanks Wannaberich, I never seem to get any updates from them, all I ever get, is them losing my money, when I wire it across to them.

Alan

I am also an investor in CBC. If you care to exchange experiences and information, please email me at: cam110439@yahoo.com. You can also post your email address here and I will contact you. Many thanks. Best wishes,

Charlie

[Coolchuck007]

Originally Posted by agod

Thanks Wannaberich, I never seem to get any updates from them, all I ever get, is them losing my money, when I wire it across to them.

Alan

Our experiences on this project with Memon can only be described by one word, "BAD". Our investing in this project was a BIG mistake. If you want to hear more about our experiences in dealing with them, please post your email address and I'll give you the lowdown. Good luck to you all who have given your money and TRUST to Memon.

Charlie

[unknownpleasures]

http://www.memon.ae/gallery.php?gal=...iness%20Centre

16 pics - Construction update July 2010

[SIL Property]

Can Some one tell me any update? Please

[SIL Property]

I just complain this week to RERA Dubai Land Department

Originally Posted by SIL Property

Can Some one tell me any update? Please

Ref: Unit No XXX, Cambridge Business Centre, Dubai Silicon Oasis, Dubai
Location: Plot 26-035, Dubai Silicon Oasis, Emirates Road, Dubai


Dear Sir/Madam,

I am an investor from the XXXXX and had bought property from Memon Investments LLC on 2008, the intended handover date was 2010 however it’s been over three years and I have paid XXXXXXX AED of the total agreed property price of XXXXXX AED and still the handover hasn't taken place yet.

In-order to keep up with the instalments for the property, I had used my life savings and also had borrowed money from friends and family. I was hoping by now I would have rental income from the property, so I could have started paying back the money I borrowed. The reason why we invested in Dubai was because we heard many good things about the country, therefore we thought Dubai was the safest place to invest in the world, but now we are not so sure. Investment in Dubai has caused Financial Crisis for me and my family.

I need your help as I have tried my very best to resolve the matter with the Memon Investments, however been unsuccessful. If this is the way investors get treated in Dubai, in the future people will lose their trust and will be too frightened to invest their money in Dubai. Please could you advise me on what I should do next, or if any other help is available for investors in my situation. I would also be very grateful if you could also investigate into the Memon Investment Company, to find out if they are legitimate and continuing work and there trust account.

I have just received an email on the 23/06/2012 stated that Memon Investments have under gone a change in contact details, it has also come to my attention they have also changed their Company name, address, telephone number and email address.

Please find attached sales memorandum and payment received copies.

Thanking you in advance as any advice or help will be greatly appreciated not just by myself but also my family, as my stress is also affecting them too.



Kind regards,
XXXXXXX