SkyscraperCity banner

1 - 14 of 14 Posts

·
Registered
Joined
·
10,939 Posts
AED 7.5 billion Marina community on Abu Dhabi's Reem Island is launched






AED 7.5 billion Marina community on Abu Dhabi's Reem Island is launched
Eshraq Properties, a joint venture between leading business groups in UAE and Saudi Arabia, has announced the launch of its mega urban development project 'Marina Rise', first complete urban development project on the Reem Island, Abu Dhabi.

The project is worth AED7.5 Billion and builds on over 10 million sq. ft. The project is considered the largest development so far to be announced on Reem Island.


'The launch of the Marina Rise is part of Eshraq Properties' confidence in the Abu Dhabi's growing property market. Our ultimate goal is to create an urban development which consists of luxury residential apartments with sufficient recreational facilities that has never seen in UAE, office towers which goes beyond concrete blocks, canal side corniche as well as one of the biggest malls in the island. Marina Rise is an expansion of our vision to offer investment and residential opportunities which will be benchmarking Dubai Marina's success,'



said Chairman Saleh Al Amri.

Construction of Marina Rise will have begun by October 2007 and will be completed by 2010 through many stages to assure a quicker return on the investment for the buyers. Upon completion, the project will house luxury residential sand leisure facilities consisting of three high-rise towers featuring waterfront apartments. The project will offer studio, one and two bedroom flats with a spectacular river and sea views including boutique retail shops as well as four office towers.

'Designed to suit many different discerning tastes, each apartment, retail space and offices at The Marina Rise will be built according to the highest specification and design using the best materials. We have worked very closely with New York-based design firm Khatib & Alami Design Group, to ensure that each product offers every modern amenity in a chic and functional setting. The Marina Rise, without doubt, symbolizes the aspiration of modern living, smart corporate office developments and boutique retail offerings' said Vice President Jamal Al Sagher.

Parallel to the launch of its mega project Marina Rise, Eshraq properties signed a 1 Billion private stock offering which will be managed by Abu Dhabi Islamic Bank. Stocks will be offered to exclusive investors through ADIB and aims to raise further capital growth upcoming projects.

http://www.ameinfo.com/115839.html

Location: http://wikimapia.org/#lang=en&lat=24.496751&lon=54.394898&z=18&m=b
 

·
Registered
Joined
·
10,939 Posts
Discussion Starter · #3 ·
The Project is a prestigious luxury oriented development within the AI Reem area. Dubbed as "The Cove" (plot 2), this waterfront development will usher to a sophisticated and vibrant life style, incorporating built-structures that are truly unique and form an iconic development within the island.

A total of 21 exclusive land mark towers, interlink by a waterfront promenade with landscaping to achieve a relaxing yet upscale environment, will be boarded by exclusive residences, state of the art office towers, luxury Hotels and residential apartments. In the heart of the site, an upmarket shopping mall with landscape roof deck and activity zone adds value to the lifestyle, leisure work, and recreation are integrated within the development.

The site area is 111.480 sq.m2 divided to a North and South plots by a canal.

The development has the following components:
1) Residential Apartment Towers -13 Nos.
2) Office Towers -4 Nos.
3) Hotel- 2 Nos.
4) Furnished apartment Towers -2 Nos.
5) Waterfront Mall -1 No.
 

·
Registered
Joined
·
10,939 Posts
Discussion Starter · #4 ·
BRIEF PROJECT COMPONENTS DESCRIPTION

Building Heights:

North Plots

The envisioned maximum height requirements for this part of development are as follows:

* Office Towers:
30- 35 Floor Tower
2 -3 levels Podium.
1 -2 Basement.

* Residential Building:
25- 30 Floors Tower
2 -3 levels Podium
1 -2 Basement

* Hotel and Residential Apartment:
25 Floor Tower
3 levels Podium
2 Basement



South Plots

The South plot will have the following height requirements.

* Iconic Office Tower:
50 Floor Tower
4 level Podiums
2 Basement Parking

* Residential:
23-40 Floor Tower
3 level Podiums
2 Basement Parking

http://www.eshraquae.com/alreem-concept.html
 

·
Registered
Joined
·
883 Posts
New site board on C3 plot for Marina Rise

Client: Eshraq properties
Consultant: Khatib & Alami
Ground works: National Engineering piling

2B+G+2P+24 storey



 

·
Registered
Joined
·
883 Posts
Eshraq's 110m Marina Rise tower in Abu Dhabi notes building progress

The 110m-tall Marina Rise tower in Abu Dhabi is progressing as scheduled, with construction work reaching its sixth floor and currently 19% complete, according to developer Eshraq.

Marina Rise is a 2B+2P+24+R tower located within Reem Island’s sector RT, Zone 2-Plot C3. Comprising 233 homes across studio (84), one-bedroom (116), two-bedroom (27), and three-bedroom (6) layouts, the tower is due to complete in Q2 2020.



https://www.constructionweekonline....akes-construction-progress-as-eshraq-rebrands
 
1 - 14 of 14 Posts
Top