Flip through the latest issue of Gulf Weekly.
THE sizable new ‘i-Rise’, being developed by property developer Realty Capital Middle East to become one of the region’s landmark business tower and a prestigious corporate address, was officially launched recently during a VIP cocktail event in Dubai that was attended by a number of dignitaries.
Construction has already started on the approximately AED1 billion 37-storey project, which will become one of the largest business towers in the region, incorporating a total-built-up office area of more than one million square feet in Dubai’s Technology, E-commerce and Media (Tecom) Free Zone, Site-C.
On completion in late 2009, i-Rise Office Tower will feature a distinctive curvilinear design, which has been specifically tailored to provide unique office layouts that will allow for maximum exposure to natural light, with panoramic views of new Dubai and the Arabian Gulf. The project is conveniently located off Shaikh Zayed Road, with easy access to the upcoming Tecom Metro Station.
“The launch event was successful and exciting,” commented Marwan Mansour, chief executive officer, Realty Capital Middle East.
“Investors have been interested in the unique features of our new development, which has been built to satisfy the dynamics and demands of a challenging corporate environment.
“The i-Rise Office Tower will set the pace for office building designs in Dubai through its visually compelling quality and state-of-the-art infrastructure and communication systems,” Mansour added.
Office modules in the Tower start from 700 square feet, offering investors a free zone location and freehold title. Premium facilities have been included in the design, including executive offices, private high-speed elevators, restaurants, coffee shops, retail space, a fitness centre and an extensive multi-storey car park.
Mansour said that Realty Capital Middle East has partnered with several of the world’s top service providers for the design, development, execution and sales of the project, including, Khatib and Alami Consolidated Engineering Company, a leading architectural and engineering consultancy firm in the MENA region; Projacs International, one of the largest Pan-Arab project and construction management firms; Better Homes, a leading real-estate company in the region, as the exclusive sales consultant for this development outside Saudi Arabia; and Al Raeda Real Estate Development as the sales agent for i-Rise in Saudi Arabia.
