MARKET TRENDS & ANALYSIS // PROPERTY PRICES INFRASTRUCTURE
The work goes on
DUBAI REAL TIMES
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hile newspapers have been discussing the negative aspects of the financial downturn others have just got on with their jobs, to the best of their abilities, with the result that life has been going on – at a slightly slower pace, that’s true – but progress on constructing, installing, decorating, and other related jobs have been carrying on, regardless. Infrastructure is being provided to current projects, while established ones are being improved. Developers who invested in Downtown Jebel Ali can now take possession of their land and begin work, global master developer Limitless has announced. Two hundred and fifty plots are ready for handover to all 122 developers who bought land in the 200 hectare project, where infrastructure work is on track and will continue while developers construct their individual buildings. Salah Ameen, Project Director, Downtown Jebel Ali, said: “This important milestone underlines our commitment to our clients and to the project. Developers are now free to break ground while we press
on with infrastructure work to ensure that buildings are connected to utilities when they are complete.” Cirrus Developments has already begun construction of Celestial Heights, a three-tower complex in Zone One of Downtown Jebel Ali, while Limitless itself is developing The Galleries – an eight-building complex of offices, apartments, retail and leisure facilities set in extensive, landscaped grounds – also in Zone
One. The Galleries includes four newly-completed commercial towers, where A-grade offices are available for lease and four mixed use towers where more than 600 apartments will be ready for lease by the end of 2009. Salah Ameen said: “Downtown Jebel Ali combines quality living, working, recreation and shopping, within easy reach of Dubai and just 45 minutes from Abu Dhabi. It will
be served by the Dubai Metro and have its own environmentallyfriendly people mover system, reducing road congestion and underpinning Limitless’ commitment to moving people and not just cars. There will also be ample shaded, outdoor space – a hallmark of all our projects.” iCrete, a clean technology leader and a premier concrete technology company, announced recently the