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Old August 15th, 2008, 06:20 PM   #1
bizzybonita
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#APPROVED: PEACE TOWER , 19F Res (Marmooka City)

Peace Builders unveil Peace Tower in Ajman

Peace Builders unveil Peace Tower in Ajman: Ras Al Khaimah-based Peace Builders and Developers on Saturday announced here there maiden project - Peace Tower - in Ajman to be built at a cost of Dh60 million.

The freehold residential project will be built in Ajman's Marmooka City, located 35 kilometres from the Dubai International Airport, Peace Builders' managing director Nasir Mahmoud told a news conference. He said the company purchased 125,000 square feet of land for Dh10 million for the development.

"The introductory price, valid until August 31, is Dh475 per square foot. It's lower than the prevailing market price in Ajman, which is about Dh500 per square foot," Mahmoud said.

He said in all, there will be 154 apartments on the proposed 14 floors. In addition, there will be a five-level parking with facilities including a business centre, swimming pool, health club and library.

The buyer will have the option to buy studios, one- and two-bedroom apartments. The size of the apartments ranges from 552 square feet to 1,140 square feet of carpet area, Mahmoud said.

Peace Tower is scheduled for completion in November 2011, Mahmoud said. "The drawings for the project are likely to be approved by authorities by the end of August this year," he said.
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Old August 18th, 2008, 09:09 AM   #2
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Hi

Sounds very marketable. Any pics or plot nums?
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Old August 18th, 2008, 01:08 PM   #3
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Soon
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Old August 19th, 2008, 10:47 AM   #4
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looks very nice,

what is the website of that developer ?
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Old September 13th, 2008, 11:13 AM   #5
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Location is Plot MA130
Information:
http://imaging.gnads4u.com/images/00...620_1/orig.pdf

Developer is Al Zaher Real Estate
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