#COMPLETED: MAZAYA BUSINESS AVENUE, 3x50F Com, Plots AA1, BB1, BB2 (JLT)

Krazy · February 5th, 2007, 04:16 AM

Do we have a thread for these??

Two towers of Al Mazaya Business Avenue sold out

Dubai: Al Mazaya Real Estate Co. yesterday completed the sale of two towers in the three-tower Al Mazaya Business Avenue project in Dubai.

Al Mazaya Business Avenue includes three 44-storey towers designated for commercial use, at a cost of $340 million.

The two towers were sold for $220 million. While Hilal Al Zarooni Group and Dynasty Enterprises bought the first one for $111 million, Hilal Al Zarooni and Baraq Group bought the second for $109 million.

Al Mazaya Business Avenue takes advantage of its strategic location at the Jumeirah Lakes and Shaikh Zayed Road, where it offers stunning views of the lakes. The towers were designed to incorporate the latest in smart technology and communications, as part of an integrated system that provides the highest level of state of the art services. It is expected that the project will be completed by the end of 2009.

"From the outset we have been receiving a great deal of interest from prospective clients, right up until we had eventually awarded the contracts to Hilal Al Zarooni Group, Dynasty Enterprises and Al Baraq Group," said Khalid Esbaitah, managing director and CEO of Al Mazaya Holding.

"We are looking to keep the third tower of the project as a long-term investment, where we intend to manage it through a rental system, allowing it to be an asset that brings income to our firm in Dubai. The feasibility of these projects has been examined in accordance with the rules of financial flow," he added.

Krazy · February 5th, 2007, 04:31 AM

another render

gormandy · February 5th, 2007, 05:11 AM

Which plots for these beauties, Krazy?
G

***Chad*** · February 5th, 2007, 05:18 AM

Looks gooood..

Imre · February 5th, 2007, 12:09 PM

Quote:

Originally Posted by gormandy

Which plots for these beauties, Krazy?
G

gulfnews said JLT extension

gormandy · February 5th, 2007, 02:55 PM

Quote:

Originally Posted by Imre

gulfnews said JLT extension

Extension? Interesting, but where's the room for three giants?
G

***AltinD*** · February 5th, 2007, 03:46 PM

Yes there is and even more towers are there.

THE DUBAI GUYS · February 8th, 2007, 03:01 PM

its abt time! i preffered the old design tho...heres an enlarged version of the pic from strategiy.com:

R

Krazy · February 8th, 2007, 03:03 PM

what was the old design?

THE DUBAI GUYS · February 9th, 2007, 04:36 PM

there were 3 towers 2 of them were the same and the cenral one was different....it was turquiose green...

R

malec · February 9th, 2007, 09:05 PM

These were 60 floors high originally I think

THE DUBAI GUYS · February 10th, 2007, 04:59 PM

yup!

R

Imre · February 27th, 2007, 10:35 AM

so, we know the location between H plot and Jumeirah Island

Dubai-Lover · February 28th, 2007, 09:44 AM

added to emporis

Imre · February 28th, 2007, 11:36 PM

that map maybe wrong.. between H plot and JI have not enough place..

more possible between I plot and JI , there is some construction works but not sure.

dubaiflo · March 1st, 2007, 10:01 PM

very weird.

there are no plots here whatsoever..

***AltinD*** · March 7th, 2007, 05:50 PM

Look at the location ... as well as the marketing BS.

gormandy · March 8th, 2007, 05:38 PM

Two dedicated subway stations? What does that mean? A link to the Sh Zayed Rd metro station or another line entirely, going round the back of JLT?
Anybody know? This could be VERY good news for towers along the back.
G

Imre · March 8th, 2007, 06:01 PM

2 metro station at JLT site

1. front of Green Lakes Towers ( Marina Station)
2. font of Indigo, Almas Towers (JLT station)

both of U/C

Imre · March 8th, 2007, 06:07 PM

Quote:

Originally Posted by AltinD

Look at the location ... as well as the marketing BS.

Palm

they should write there:

"close to the prestigious Almas Tower ( Diamond Exchange) and H plot ( Platinum, Gold , Silver Towers)"

February 5th, 2007, 04:16 AM	#1
Krazy Kool Kat Join Date: Apr 2004 Location: Austin, TX Posts: 13,625 Likes (Received): 1	#COMPLETED: MAZAYA BUSINESS AVENUE, 3x50F Com, Plots AA1, BB1, BB2 (JLT) Do we have a thread for these?? Two towers of Al Mazaya Business Avenue sold out Dubai: Al Mazaya Real Estate Co. yesterday completed the sale of two towers in the three-tower Al Mazaya Business Avenue project in Dubai. Al Mazaya Business Avenue includes three 44-storey towers designated for commercial use, at a cost of $340 million. The two towers were sold for $220 million. While Hilal Al Zarooni Group and Dynasty Enterprises bought the first one for $111 million, Hilal Al Zarooni and Baraq Group bought the second for $109 million. Al Mazaya Business Avenue takes advantage of its strategic location at the Jumeirah Lakes and Shaikh Zayed Road, where it offers stunning views of the lakes. The towers were designed to incorporate the latest in smart technology and communications, as part of an integrated system that provides the highest level of state of the art services. It is expected that the project will be completed by the end of 2009. "From the outset we have been receiving a great deal of interest from prospective clients, right up until we had eventually awarded the contracts to Hilal Al Zarooni Group, Dynasty Enterprises and Al Baraq Group," said Khalid Esbaitah, managing director and CEO of Al Mazaya Holding. "We are looking to keep the third tower of the project as a long-term investment, where we intend to manage it through a rental system, allowing it to be an asset that brings income to our firm in Dubai. The feasibility of these projects has been examined in accordance with the rules of financial flow," he added. __________________ Save Dubai's Workers! Click here and sign the petition! Last edited by bizzybonita; April 3rd, 2011 at 08:13 AM.

February 5th, 2007, 04:31 AM	#2
Krazy Kool Kat Join Date: Apr 2004 Location: Austin, TX Posts: 13,625 Likes (Received): 1	another render __________________ Save Dubai's Workers! Click here and sign the petition!

February 5th, 2007, 05:18 AM	#4
*Chad* Kickimus Gluteus Maximus Join Date: Oct 2002 Location: Bangkok Posts: 36,258 Likes (Received): 295	Looks gooood.. __________________ You have the right to remain silent, everything you say will be misquoted and used against you in the forum -Imate pravo da ?utite, sve što budete rekli može i bi?e upotrebljeno protiv vas na forumu You know you love me. XOXO.

February 8th, 2007, 03:03 PM	#9
Krazy Kool Kat Join Date: Apr 2004 Location: Austin, TX Posts: 13,625 Likes (Received): 1	what was the old design? __________________ Save Dubai's Workers! Click here and sign the petition!

February 27th, 2007, 10:35 AM	#13
Imre Dubai Join Date: Jan 2005 Location: Dubai Posts: 41,364 Likes (Received): 27	so, we know the location between H plot and Jumeirah Island __________________ Dubai Construction Update Dubai photos by Imre Solt

February 5th, 2007, 05:11 AM	#3
gormandy Registered User Join Date: May 2006 Posts: 238 Likes (Received): 0	Which plots for these beauties, Krazy? G

February 5th, 2007, 03:46 PM	#7
*AltinD* The Modecator Join Date: Jul 2004 Location: Tiranë / DUBAI / Vienna Posts: 29,779 Likes (Received): 555	Yes there is and even more towers are there.

February 8th, 2007, 03:01 PM	#8
THE DUBAI GUYS Ruff 'n' Ready Join Date: Aug 2004 Location: Dubai City, Dubai Posts: 3,592 Likes (Received): 2	its abt time! i preffered the old design tho...heres an enlarged version of the pic from strategiy.com: R

February 9th, 2007, 04:36 PM	#10
THE DUBAI GUYS Ruff 'n' Ready Join Date: Aug 2004 Location: Dubai City, Dubai Posts: 3,592 Likes (Received): 2	there were 3 towers 2 of them were the same and the cenral one was different....it was turquiose green... R

February 9th, 2007, 09:05 PM	#11
malec Rrrraaaaaahhhhhhh!!!!!!! Join Date: Apr 2005 Location: Cork Posts: 10,452 Likes (Received): 9	These were 60 floors high originally I think

February 10th, 2007, 04:59 PM	#12
THE DUBAI GUYS Ruff 'n' Ready Join Date: Aug 2004 Location: Dubai City, Dubai Posts: 3,592 Likes (Received): 2	yup! R

February 28th, 2007, 09:44 AM	#14
Dubai-Lover Construction Paradise Join Date: Jul 2004 Location: Dubai (UAE) \| Oehringen (GER) \| Bad Honnef (GER) Posts: 12,678 Likes (Received): 0	added to emporis __________________ Updates - Dubai on Emporis

February 28th, 2007, 11:36 PM	#15
Imre Dubai Join Date: Jan 2005 Location: Dubai Posts: 41,364 Likes (Received): 27	that map maybe wrong.. between H plot and JI have not enough place.. more possible between I plot and JI , there is some construction works but not sure. __________________ Dubai Construction Update Dubai photos by Imre Solt

March 1st, 2007, 10:01 PM	#16
dubaiflo visit my homepage Join Date: Jan 2005 Location: Munich \| Dubai \| London Posts: 15,864 Likes (Received): 1	very weird. there are no plots here whatsoever.. __________________ DJ Flore - Producer and DJ My Photoblog - Urban \| Event \| Nature \| Portrait Grapevine Grooves - Independent House Music Label Dubai - The Megaprojects - The Video (Version 3 cancelled due to credit crunch)

March 7th, 2007, 05:50 PM	#17
*AltinD* The Modecator Join Date: Jul 2004 Location: Tiranë / DUBAI / Vienna Posts: 29,779 Likes (Received): 555	Look at the location ... as well as the marketing BS.

March 8th, 2007, 05:38 PM	#18
gormandy Registered User Join Date: May 2006 Posts: 238 Likes (Received): 0	Two dedicated subway stations? What does that mean? A link to the Sh Zayed Rd metro station or another line entirely, going round the back of JLT? Anybody know? This could be VERY good news for towers along the back. G

March 8th, 2007, 06:01 PM	#19
Imre Dubai Join Date: Jan 2005 Location: Dubai Posts: 41,364 Likes (Received): 27	2 metro station at JLT site 1. front of Green Lakes Towers ( Marina Station) 2. font of Indigo, Almas Towers (JLT station) both of U/C __________________ Dubai Construction Update Dubai photos by Imre Solt

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