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· Kool Kat
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Pakistani group to build twin towers in Dubai

Dubai :

A Pakistan-based property developer has announced a Dh250 million twin tower apartment complex in the Dubai Sports City, part of the government's Dubailand leisure and tourism project.

The 15-floor Rufi Twin Towers is the first of three building projects in Dubai announced by Karachi headquartered Rufi Real Estate Group, company representatives told a press conference here.

The group has already sold 200 of the 450 apartments in the towers to buyers from Pakistan and the Gulf region, said Manzoor Ahmad Rufi, president of the group.

The other two projects are an office tower and a high-rise apartment building. The group's investment in all three projects will top Dh650 million, he said.

Prices of the apartments in the twin towers range from Dh259,000 for a studio to Dh900,000 for three bedrooms, said Rameez Rufi, executive vice-president of the group.

The building designers are Arenco, Dubai based real-estate consultants and contractors.

The Rufi Group has 30 years of experience in real estate development in Pakistan, the United States and Canada.

"This is our first venture in Dubai and the Middle East. We will continue to explore further investments in the property market here," said Rameez Rufi.
 

· Kool Kat
Joined
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17,318 Posts
Rufi unveils Dhs250m twin towers in Dubai

RUFI Real Estate has entered the UAE real estate market with the launch of a residential project, Rufi Twin Towers, at the Dubai Sports City complex.

The group is planning to launch three more projects in Dubai, together costing Dhs750 million. Rufi Twin Towers will be completed in 2008 with an investment of Dhs250 million.

The Rufi Group has extensive experience in the development of diversified projects, including high-rises, commercial and shopping centres, townhouses and independent villas in Canada, North America and Pakistan.

Customers will have a choice of studios, one bedroom, two bedroom and three bedroom apartments.

"A resident will enjoy an Olympic sized swimming pool in the garden, fully equipped gymn and aerobics, children's play area, banquet hall for 1200, and a two level basement parking lot," said Rufi Group President Manzoor Ahmed Rufi.

Residents will also have access to shopping malls, cafes, restaurants and an 18-hole championship golf course.

"Rufi Twin Towers at Dubai Sports City will be at the centre of sports activities in the Middle East. Residents of Rufi Twin Towers can live the passion of all types of sporting activities like cricket, volleyball, baseball, wrestling, martial arts, gymnastics, field hockey and a host of others," he said.

The Dubai Sports City will feature the most modern and advanced stadia in this part of the world and one can experience the excitement of Olympic style swimming and the thrill of tennis netball, handball, boxing, etc. Dubai Sports City features world-class sports academies aimed at transforming young athletes into global competitors.
 
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