#PROJECT: DUBAI INVESTMENTS PARK

[Krazy]

Post news about the project here...

[Krazy]

Dubai Investments Park constructing 38,000 sq meter sports facility for tenants

Dubai Investments Park (DIP), which is a wholly-owned subsidiary of Dubai Investments, has announced that it is constructing a fully-equipped cricket and football pitch within the Park in cooperation with Seven Seas Shipchandlers LLC, for tenants of the Park and for labourers staying in the labour accommodation in DIP.


Aerial photograph of Dubai Investments Park.

A Memorandum of Understanding (MoU) in this regard was recently signed between DIP and Seven Seas Shipchandlers.

A total land area of 38,000 square meters will be utilised to construct this sports facility, which is expected to be ready by the end of 2006. The facility, being built by contractors Khan Sahib, is located near phase 1 and 2 of the labour accommodation in Dubai Investments Park.

As per the MoU, Seven Seas Shipchandlers will donate facilities including flood lights for the cricket field, which will be called DIP Cricket Club. It will also be solely responsible for the maintenance of the entire facility.

'Providing recreational and sporting facilities to the labourers residing in the Park will contribute to their overall well-being and give them a chance to relax after a long day at work. Cricket and football are certainly the most popular games in the UAE, and we hope that this sports facility is fully utilised by tenants and labourers of DIP. Building a facility like this complements our larger goal of promoting inter-company sports activities which kicked off with the recently-held Dubai Investments Park Inter-Company Olympiad 2006,' said Omar Al Mesmar, General Manager, Dubai Investments Park.

'We appreciate the role played by Seven Seas Shipchandlers to ensure that all the required facilities for the cricket field are ready on time. On our part, we will provide them with all the administrative assistance they would require to make the sports facility functional,' Al Mesmar added.

Dubai Investments Park, which is a wholly-owned subsidiary of Dubai Investments, epitomizes the city within city concept of a modern, environmentally friendly mixed-use industrial, business, residential and recreational development.

[Krazy]

Emirates Group brings leading UK hotel chain to Dubai Investments Park

Dubai Investments Park (DIP) has announced the signing of a landmark agreement with the Emirates Group to bring the UK's leading hotel chain, Premier Travel Inn, to its premises.


L-R: Omar Al Mesmar, General Manager, Dubai Investments Park and Patrick Dempsey, Managing Director, Premier Travel Inn.

The 300-room hotel, to be built on an area of 6,840 sq. meters will be known under the brand name, Premier Travel Inn, and will be the first Premier Travel Inn property outside the UK.

Premier Travel Inn will offer business and leisure travelers to the UAE high quality budget hotel accommodation, with room rates expected to be in the region of Dhs 400. The Premier Travel Inn brand is being launched in the UAE following a joint venture agreement between Emirates Group and Whitbread PLC, that was announced in April 2006. Construction of the hotel is scheduled to commence late this year and is expected to be completed in late 2007.

Patrick Dempsey, Managing Director, Premier Travel Inn, said: 'The fact that the hotel in Dubai Investments Park will be our first property outside the UK is a reflection of our confidence in the Dubai market and, in particular in Dubai Investments Park, as an attractive place to do business.'

Omar Al Mesmar, General Manager, Dubai Investments Park, said:

'The decision to set up a renowned hotel chain like Premier Travel Inn in Dubai Investments Park underlines the prominence of the Park in the UAE's fast-growing business environment. This hotel will help meet the ever-increasing demand for quality hotel accommodation in Dubai, and complements our strategy to provide the highest level of infrastructure facilities and services. We also greatly appreciate the effort and dedication of Emirates Group to bring the Premier Travel Inn brand to the UAE, and we assure them of our complete support to ensure the success of this venture.'

Stewart Angus, Senior Vice President, Associated Companies, Emirates group, said: 'Premier Travel Inn will bring a refreshing combination of service quality and value-for-money to hotel guests staying in Dubai. We are very pleased to be working with Premier Travel Inn and Dubai Investment Park on this exciting development in the UAE market. In all, we have identified three initial sites in Dubai to build Premier Travel Inn hotels, which means we will be creating over 800 quality new rooms for business and leisure travelers in the Emirate.'

Premier Travel Inn is UK's largest hotel chain with more than 470 budget hotels and over 31,000 rooms, and is renowned for providing high quality service and part of Whitbread PLC, the UK's leading hospitality and leisure group, quoted on the London Stock Exchange.

The Emirates Group has had a presence in Dubai Investments Park since 2003, when it set up the Emirates Flight Catering Co. LLC, occupying two plots in Phase 2. One plot is used for a frozen meal facility, while the other is used for industrial laundry services.

DIP, the only business zone to be launched by the private sector in the Middle East, offers investors pre-serviced sites, world-class infrastructure, state-of-the-art facilities and quality services for manufacturing, housing, academic, research, distribution and logistics purposes.

[Imre]

Dubai Investments Real Estate Company launches ‘Ritaj’ – its first residential project


The 2,200 unit development at Dubai Investments Park is designed to provide high-quality and affordable housing




October 28, 2006
Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments PJSC, has announced the launch of its first residential project – ‘Ritaj’ - at Dubai Investments Park.

A unique residential development designed to epitomize the concept of affordable luxury, ‘Ritaj’ provides a range of more than 2,200 housing units, including studios, one, two and three bedroom apartments that offer world-class facilities. Residents at the project will enjoy fully serviced accommodation, which includes 24-hour security, maintenance and cleaning.

“Dubai Investments is focused on diversifying its investments and is constantly exploring new business opportunities and revenue streams,” said Khalid Kalban, Managing Director and Chief Executive Officer, Dubai Investments. “DIRC was launched to further our aim of contributing to the growth and development of the UAE by meeting the demand for high-quality but affordable residential and commercial projects. DIRC complements Dubai Investments’ diversification strategy and will soon launch a variety of real estate projects which will include residential and commercial buildings, staff accommodation facilities, warehouses and a unique country club.”

Obaid Al Salami, General Manager, Dubai Investments Real Estate Company, said, “‘Ritaj’ will feature a fully equipped community centre with restaurants, cafes, shops, supermarket, clinic, pharmacy and mosque. Complementing these amenities will be a host of entertainment and recreational facilities including swimming pools and landscaped gardens, exemplifying DIRC’s vision for the project as a self-contained community.”

““Ritaj” is a one-of-its-kind project designed to bring quality residential space within the reach of a cross-section of people. It is effectively a self-contained community, where residents will have easy access to all essential services and can also benefit from an array of recreational facilities and other amenities. ‘Ritaj’ will be the first of several landmark residential projects to come out of the DIRC stable,” he added.

Sales for the Ritaj project start today (Sunday, October 29, 2006) at the DIRC sales office located in Dubai Investments Park. DIRC has partnered with Emirates Islamic Bank to provide a range of attractive financial options to investors.

[Krazy]

Dubai Investments Park judged Best General/Industrial Special Economic Zone in the Middle East

Dubai Investments Park (DIP), the wholly-owned subsidiary of Dubai Investments, has won the latest edition of the biennial Middle East Special Economic Zones of the Future 2006/07 Award in the Best General/Industrial Special Economic Zone category.


Omar Al Mesmar, General Manager, Dubai Investments Park (Center) receiving the award.

The Award, organised by Foreign Direct Investment (fDi) magazine and Financial Times Business, was presented to DIP at a ceremony that was recently held at the Dubai International Exhibition Centre during the recently-concluded Cityscape Dubai 2006 exhibition.

Omar Al Mesmar, General Manager, Dubai Investments Park said:

'Dubai Investments Park is delighted and honoured to receive the Middle East Special Economic Zones of the Future 2006/07 Award. Dubai Investments Park has led the way in bringing the unique concept of a mixed-use economic zone with industrial, commercial and residential areas to the Middle East and has demonstrated how this can be established and managed successfully.'

'Being chosen as the Best General/Industrial Special Economic Zone in the Middle East, also highlights our commitment and constant efforts that have made Dubai Investments Park, in a short period of eight years, the region's high profile, technologically advanced development with state-of-the-art services and attractive financial incentives to investors in various sectors,' he added.

Dubai Investments Park tallied a huge number of points in this year's awards, placing it at seventh position in the latest list of the Top 50 Middle East Economic Zones. The list covered all five categories of special economic zones--Airport, General/Industrial, Port, Science/Hi-Tech and Specialist--in the region. Dubai Investments Park was also ranked at ninth position in the overall rating out of 90 special economic zones in the Middle East that sent in their applications for the award.

The applications, containing detailed information on each Special Economic Zone, were collected over the past five months by the Financial Times Business' research team, making the award and the rankings one of the most authoritative research projects and free zone comparisons in the Middle East to date. A panel of judges consisted of fDi Magazine's editorial team and independent guest judges, Graham Mather, Chairman of the World Free Zone Convention and Juan Torrents, President of the World Federation of Free Zones (FEMOZA).

These criteria included expansion plans, recent infrastructure development; presence of high growth industries; number of businesses; growth in the number of businesses operating in each zone over the past 12 months; strength of leading investors; size of the zone and area allocated for expansion; financial and other incentives; amenities such as restaurants and retail outlets, housing, childcare, leisure and health facilities; and rental costs.

Dubai Investments Park is a modern, eco-sensitive mixed-use development spread across an area of 32 million square metres hosting industrial, commercial and residential facilities with an investment of AED 5 billion.

[Krazy]

Dubai Investments Park (DIP) announces tie-up with Syscom Emirates

Dubai Investments Park, developer of prime real estate for Dubai Investments Group recently finalised an agreement with Syscom Emirates LLC, a dynamic organization specializing in Internal Communications Network Installations and Maintenance, to exclusively offer System Integration Solutions and Services to all tenants located in Dubai Investments Park.


(from left to right): Omar Al Mesmar, General Manager, Dubai Investments Park and Yawar Sajjad, General Manager, Syscom Emirates LLC.

The two companies have signed a Memorandum of Understanding (MoU) that sets out the terms of collaboration between growing enterprises. This was signed by Omar Al Mesmar, General Manager, Dubai Investments Park and Yawar Sajjad, General Manager, Syscom Emirates LLC.

Announcing the tie-up with Syscom Emirates, Omar Al Mesmar said: 'Dubai Investments Park made a careful study of its tenant's requirements and short listed select companies in the UAE. In our efforts to find a suitable partner, we studied in detail the product offerings and support services from Syscom Emirates, before making a final selection. Our study revealed that Syscom Emirates has the potential and capability to rise to the demands of DIP tenants in terms of vast product availability, relevant experience and most importantly their response time to meet with growing demands of our tenants."

Yawar Sajjad, Syscom Emirates, said: 'We appreciate that Syscom Emirates have been selected by DIP as their preferred System Integrator and we look forward to meeting with this challenging opportunity. We are confident that with our expertise and relevant experience, Syscom will comply with specific requirements of a demanding marketplace. Syscom Emirates is customer focused and committed to providing DIP tenants with value-for-money and innovative initiatives and solutions.

Dubai Investments Park is a one-of-its-kind mixed-use industrial, business and residential development developed and managed by Dubai Investments Park Development Company LLC (DIPDC). The Park, the only one to be launched by the private sector in the Middle East, offers investors pre-serviced sites, world-class infrastructure, state-of-the-art facilities and quality services for manufacturing, housing, academics, research, distribution and logistics purposes. DIP offers 100 per cent repatriation of capital and profits, with no currency restrictions and freedom from foreign exchange controls and trade barriers.

Syscom Emirates LLC is owned by M'Sharie, a fully owned subsidiary of Dubai Investments. Syscom Emirates offers complete Telecommunications System Integration Solutions for commercial, corporate and residential sectors. The company's products and services include PBX and Customer Premises Equipment, IP Telephony Solutions, Fiber Optic Devices, CCTV Software and Equipment, Structured Cabling and maintenance of Fiber Optic Networks.

[Krazy]

Dubai Investments Park to lease 20 million square feet of office space

Dubai Investments Park (DIP), a wholly owned subsidiary of Dubai Investments, has announced that they have already leased more than 8 million square feet of office Development plots.


Omar Al Mesmar, General Manager, Dubai Investments Park.

They also intend to offer investor over 20 million square feet of office space within the next 15 months at a cost of more than AED 5 billion.

'There is a high demand for office space in Dubai as the emirate is booming economically and many people want to establish their business here. However, office space is becoming rare so people are resorting to drastic measures to find premises for their business,' said Omar Al Mesmar, General Manager, DIP.

Planning began in 1997 on the Park, which has attracted investments in office development worth more than AED 5 billion. The development, already entirely leased, has been designed to attract company headquarters, administrative and professional offices, clinics, research and development activities, laboratories, commercial services and trading businesses.

The DIP office space zone will be low raise, boutique style & heavily landscaped and each development will provide an excellent retail facility, including an abundance of parking spaces to eliminate the hassles associated with parking. Large and discreet parking areas were incorporated into DIP to facilitate business performance and contribute to enhanced facilities for both visitors and residents.

'We have received a surge of investors who have recognised the potential within DIP as the Park provides office space and first class infrastructure complementary to economic development' Al Mesmar added.

Dubai Investments Park, one of the most prominent business-oriented developments is the premier business park in the Arabian Gulf by offering investors a tailor-made business and residential environment. The AED 1.5 billion multi phased project is spread over a total area of 3,200 hectares and is equipped with world-class facilities and services for manufacturing, housing, academic, research and development, distribution and logistics purposes.

The Park has also attracted investments in commercial amenities such as six international schools, sports clubs, fire and police departments, a healthcare centre, postal, banking and insurance services and major shopping facilities. DIP is also the first private sector development in Dubai to offer its tenants water for irrigation and fire-fighting, supplied through the parks extensive irrigation network.

'DIP offices are highly attractive because of their strategic location only half an hour from downtown Dubai, right where the future of Dubai is taking shape and close to Jebel Ali port and Dubai's upcoming International airport in Jebel Ali. DIP can be easily accessed from Emirates Road and Sheikh Zayed Road & Al Hibab road and the outer bypass of the Park is surrounded by a 20 km radius of major residential, Recreational, entertainment and hospitality developments,' Al Mesmar concluded.

[Imre]

14/June/2007

The Green Community West, DIP

[rexdmx]

Schon launches $200m business park
Staff Report
Published: July 09, 2007, 00:25


Dubai: Schön Properties has launched a $200 million business park near Jebel Ali International Airport in Dubai Investments Park (DIP).

The approximately 1.1 million square foot Schön Business Park will comprise a three-storey building containing 410 offices with a capacity to accommodate about 4,000 employees.

The ground floor will include furnished offices and 80,000 square feet of retail area.

The three other levels of the park are split between shell and core space and an operator-managed business centre, which features facilities such as executive board rooms and video conferencing.


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"Our extensive market research revealed that Dubai Investments Park and the Jebel Ali Free Zone Area face a major shortage of office space and a lot of companies are keen on moving offices to New Dubai," said Danial Husain, vice-president of Schön Properties.

"We chose Dubai Investments Park due to its unparalleled demand and its proximity to Dubai World Central and the Jebel Ali Free Zone."

Schön Properties is a newly established holding company that has several real estate projects in the UAE, including Dubai Lagoon - a Dh3 billion project in Dubai Investment Park.

[missapour]

Originally Posted by rexdmx

Schon launches $200m business park
Staff Report
Published: July 09, 2007, 00:25


Dubai: Schön Properties has launched a $200 million business park near Jebel Ali International Airport in Dubai Investments Park (DIP).

The approximately 1.1 million square foot Schön Business Park will comprise a three-storey building containing 410 offices with a capacity to accommodate about 4,000 employees.

The ground floor will include furnished offices and 80,000 square feet of retail area.

The three other levels of the park are split between shell and core space and an operator-managed business centre, which features facilities such as executive board rooms and video conferencing.


--------------------------------------------------------------------------------


--------------------------------------------------------------------------------


"Our extensive market research revealed that Dubai Investments Park and the Jebel Ali Free Zone Area face a major shortage of office space and a lot of companies are keen on moving offices to New Dubai," said Danial Husain, vice-president of Schön Properties.

"We chose Dubai Investments Park due to its unparalleled demand and its proximity to Dubai World Central and the Jebel Ali Free Zone."

Schön Properties is a newly established holding company that has several real estate projects in the UAE, including Dubai Lagoon - a Dh3 billion project in Dubai Investment Park.

Do they (schon)have building permit.

[bizzybonita]

Green Community West - Construction Update
January 2008

[bizzybonita]

Schon Business Park is a new commercial project selling on pre launch prices. It has been developed to provide end-users with a greater flexibility and choice than that offered to most businesses, with a variety of commercial


spaces that can match the needs and requirements of any businesses.

Ideal both as an investment, whereby space can be bought and then leased out of for businesses who want to own their own premises, the Park offers complete flexibility, competitive prices and state-of-art facilities and amenities.

Businesses and investor can choose from a variety of spaces, in differing stages of preparation, up to and including turnkey spaces.

These include:
Shell and Core – where the 1st, 2nd and 3rd floors of the East Wing and West Wing exist as basic shells, to allow occupants to create their own configuration to meet their needs.

Business Centre offices – on the ground floor of the West Wing are completely fitted and furnished, as ready to work business centers. This includes internet, fax and telephone facilities, as well as meeting and board rooms.

Food Court and Retail Shopping – the ground floor of the East Wing provides suitable spaces for these facilities, to cater for the rest of the development.

The Business Park has been designed to provide a unique and self-contained environment for its occupants, both owners and tenants.

The building uses 3 skylights that opens onto each floor to crate atriums of light, with vegetation on each floor.

Completion Date: second Quarter of 2009
Location: 5 km from the Dubai World Central Airport
No of Stories: 2B+G+3
No of offices: 410 offices
Shell and Core: 147 offices totaling 342,990 sq ft
Semi-Fitted: 88 offices totaling 189,336 sq ft
Retail development: 108 retail outlets totaling 99,447 sq ft
Business centre: 7 offices totaling 60,611 sq ft
Elevators: 6 panoramic – 15 passengers capacity
Office Parking: 1,300 spaces in total over 2 basement floors

Hi-tech facilities: Restaurants with terraces, Coffee shops with terraces, Health Club, Beauty Salon, Children Nursery, Nail Spa, Steam Room, Saunas, Plunge Pool, Hair saloon, Convenience Store, Dry Cleaners, ATM Machines, Travel Centre, Business Centre and Separate Prayer Rooms will be available to the visitors.

Security: CTV Cameras distributed in corridors and outside the blocks, Fire Detection Alarm System, Voice Evacuation System, Emergency Lighting, Security System Provision, Access Control and Card Reader (offices, main gate, and parking).

Completion: June 2009

Long Term payment plan:
70% during construction
30% over 3 years after completion (applies for Business Center and Finished offices)

Prices and Payments
Prices starting 950 AED/ sq ft

[Parisian Girl]

Interesting project. Haven't heard much about it though ... Nice pics bizzy

[Parisian Girl]

The Palisades is 'going ahead'
April, 2008

A spokesperson for Pearl Properties, which is developing the US $2.7 billion (AED10 billion) Palisades project in Dubai, confirmed that the project is ‘definitely going ahead'.

Sami Hennawi, financial manager of Pearl Properties said: "The project is definitely going ahead. The reason for the delay is not because of the material costs, but because we are still waiting for final approvals from Dubai Municipality."

"We put up the fencing and got the site office in place but didn't proceed with any other work in order to avoid running into any trouble with the authorities as we don't have our approvals in place."

Hennawi added that the company is hoping to receive approval from Dubai Municipality before the end of April.

"Once we receive the approvals we will begin phase one infrastructure and construction work simultaneously."

Hennawi also said that the company is currently in negotiations with a number of contractors for the main construction package and an award is expected to be made this month.

The Palisades, which was launched in late 2006, is set to be a mixed-use project covering an area of 1.4 million m2 and will include townhouses, villas and apartments.

Hennawi added that phase one of the project is scheduled for completion in the second quarter of 2010, while the entire project will be finished in 2011.


http://www.dubaichronicle.com/2008/0...ing-ahead.html

[Parisian Girl]

Luv this design! Very European! I'd really like to see a lot more designs like this in Dubai!

[Alan100]

Alot of pictures of Omar Al Mesmar on this thread! Is he a sponsor?

[bizzybonita]

May 2008 Green Community West - Construction Update

[The-King]

awesome photos bizzybonita, thank you very much for posting them!

[bizzybonita]

[Anand]

Originally Posted by bizzybonita

Schon Business Park is a new commercial project selling on pre launch prices. It has been developed to provide end-users with a greater flexibility and choice than that offered to most businesses, with a variety of commercial


spaces that can match the needs and requirements of any businesses.

Ideal both as an investment, whereby space can be bought and then leased out of for businesses who want to own their own premises, the Park offers complete flexibility, competitive prices and state-of-art facilities and amenities.

Businesses and investor can choose from a variety of spaces, in differing stages of preparation, up to and including turnkey spaces.

These include:
Shell and Core – where the 1st, 2nd and 3rd floors of the East Wing and West Wing exist as basic shells, to allow occupants to create their own configuration to meet their needs.

Business Centre offices – on the ground floor of the West Wing are completely fitted and furnished, as ready to work business centers. This includes internet, fax and telephone facilities, as well as meeting and board rooms.

Food Court and Retail Shopping – the ground floor of the East Wing provides suitable spaces for these facilities, to cater for the rest of the development.

The Business Park has been designed to provide a unique and self-contained environment for its occupants, both owners and tenants.

The building uses 3 skylights that opens onto each floor to crate atriums of light, with vegetation on each floor.

Completion Date: second Quarter of 2009
Location: 5 km from the Dubai World Central Airport
No of Stories: 2B+G+3
No of offices: 410 offices
Shell and Core: 147 offices totaling 342,990 sq ft
Semi-Fitted: 88 offices totaling 189,336 sq ft
Retail development: 108 retail outlets totaling 99,447 sq ft
Business centre: 7 offices totaling 60,611 sq ft
Elevators: 6 panoramic – 15 passengers capacity
Office Parking: 1,300 spaces in total over 2 basement floors

Hi-tech facilities: Restaurants with terraces, Coffee shops with terraces, Health Club, Beauty Salon, Children Nursery, Nail Spa, Steam Room, Saunas, Plunge Pool, Hair saloon, Convenience Store, Dry Cleaners, ATM Machines, Travel Centre, Business Centre and Separate Prayer Rooms will be available to the visitors.

Security: CTV Cameras distributed in corridors and outside the blocks, Fire Detection Alarm System, Voice Evacuation System, Emergency Lighting, Security System Provision, Access Control and Card Reader (offices, main gate, and parking).

Completion: June 2009

Long Term payment plan:
70% during construction
30% over 3 years after completion (applies for Business Center and Finished offices)

Prices and Payments
Prices starting 950 AED/ sq ft

=======================================================
I am an investor of Schon Properties Limited in Dubai Lagoon Project
at DIP since 2006. Dont trust these people. For further details and
facts, please visit Dubai Lagoon thread where you may read horrible
reactions of Schon's customers. Again keep Away and invest your
money somewhere else