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Discussion Starter · #2 ·
Dh460m contract for Queue Point phase one




Representatives of Al Mazaya Holding break ground for Queue Point. (SUPPLIED)

on Wednesday, June 11, 2008

Kuwait-based Al Mazaya Holding has broken ground on phase one of Queue Point in Al Liwan, a residential project in Dubailand, and has awarded contracts worth Dh460 million for executing the phase.

Khalid Esbaitah, Chief Executive of Al Mazaya Holding said: "The Queue Point project is progressing very well. Following the resounding success of the sales phase, we are proceeding with the construction of the project. We are confident that building of this project will be executed to the stringent standards we set in the planning of the project."

The construction work for phase one has been awarded to three Dubai-based contractors – Al Omran, Al Sarah and Al Ruwabi – in order to expedite the construction of the phase one, which covers an area of 3.562.744 square feet. Al Omran has been awarded four of the first phase plots for development, Al Sarah five plots and Al Ruwabi the remaining five.

The construction works on this phase includes 14 plots on which 1,031 residential units are to be built. The entire Queue Point project comprises a total of 52 plots. The schedule includes completion of various works, in phases, from 2008 until the end of 2009.

"We will launch the second and third phases of the project within the next two months. Construction will commence when we get all the permits," he said.

Queue Point, located near Emirates Road at the Al Ain Road intersection, is a Dh2 billion project and will include a variety of multi-purpose buildings, both residential and commercial, of between five and 15 storeys.

Al Mazaya has launched projects worth Dh20bn in the GCC countries, of which over Dh10 billion has been invested in the Dubai real estate sector.


The number

Dh2bn: The value of Queue Point, which in coming up at Dubailand. It will include a variety of multi-purpose buildings, both commercial and residential, of between five and 15 storeys
 

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I have seen a new board of liwan today :)

Atlast they going to start the construction now

Any idea what plots come under these 14.
 

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guys anything for this...where are the people? this rendering is bull shit too, high time we chage it, any one got something new?
 

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Liwan and Queue Point are two totally different projects.
Liwan is an area / project Masterplanned by MIZIN whereas Queue Point is a residential community in LIWAN developed by Mazaya, Queue Point is 52 plots in LIWAN.
 

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My apartment is located in build no . R008 A . the construction has not been yet started and they did not charge my account for March payment .

anyone knows about the status of this building?

Regards.
 

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My apartment is located in build no . R008 A . the construction has not been yet started and they did not charge my account for March payment .

anyone knows about the status of this building?

Regards.
MAZAYA IS SENDING OVER DUE PAYMENT LETTERS, STARTING THIS WEEK :eek:hno:
 

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Discussion Starter · #16 ·
Queue Point to be ready for handover next year

Construction work on the first residential project targeted at mid-income segment, namely The Queue Point in Dubailand, has been resumed, following series of external challenges which had resulted in temporary halting of the project.

Al Mazaya, which had entered into a contract for the project with Mizin, a subsidiary of Al Liwan, the main developer, to purchase 40 plots, has reported that construction work has resumed on all project buildings, with 40-60 percent completion rates throughout the project. It has confirmed that Queue Point will be delivered to owners next year.

Speaking about the progress in work on Queue Point, the Managing Director and CEO of Al Mazaya, Eng. Khalid Esbaitah, said that the project has faced several challenges which affected the progress and delivery schedule.

Choosing the right contractor for the project has been the most difficult task, particularly during this time of economic crunch, as several contractors were stuck mid-way due to variance in prices of construction materials and contracts and the decline in funding, Esbaitah said.
However, Queue Point is one of those projects that had overcome the economic fluctuations, apart from being an investment, which guarantees considerable returns for investors, he pointed out.

The project has not seen recent fluctuation in prices, while correctional methods are being applied, and the demand is equal to supply, as Queue point is based on reasonable prices on installment basis.

Queue Point is an integrated residential project, meant for mid-income sector, offering luxurious lifestyle on par with other major projects. The project has drawn several residents seeking to own affordable apartments, with over 95 percent of the project units having been sold already.

Located along Al Liwan in Dubailand, Queue Point is located close to the intersection between Al Ain Road and Emirates Road in Dubai. The project will include multi-purpose residential and commercial buildings that are between five and fifteen storeys, with enchanting designs. Residential and commercial units are interspersed with green spaces, gardens and waterfalls that cater to the needs of various sections of the society.
 

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yesdubai they are constructing. How fast, how good, dunnow. The monthly updates are there, have you made any payments recently?
 

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