Dubai, UAE, April 9, 2007: Emaar Properties has launched a new residential project in Downtown Burj Dubai, Centro Towers, consisting of two high-rise apartment buildings. The first tower - Centro 1 - will open for sale on April 14 with Dubai Islamic Bank providing easy home finance options.
Located on the Burj Dubai Boulevard, Centro Towers are in close proximity to Burj Dubai, on its course to become the world’s tallest tower. Centro 1 will be a 24-storey tower with two basement levels dedicated for parking. The apartment will feature studios, one-, two- and three-bedroom apartments.
“The launch of Centro Towers follows the consistently strong demand for residential units within Downtown Burj Dubai,” said Hussain A. Belshalat, Senior Sales Manager, Emaar Properties. “The central location and the extensive range of amenities make Centro a good buy for potential home-owners and investors, who can gain attractive returns on investment.”
Centro Towers have several podium level amenities including swimming pool, children’s pool, landscaped pool deck and a fully-equipped gymnasium. All apartments will feature advanced information technology and communication features. Residents can also enjoy outdoor activities including a barbecue area and poolside facilities.
“There is an increasing preference for home-owners to reside in community living neighbourhoods such as those in Downtown Burj Dubai,” said Belshalat. “Centro Towers is centrally located on the bustling Burj Dubai Boulevard, which will feature several lifestyle elements including retail outlets and coffee shops. The homes also offer easy access to The Dubai Mall, one of the world’s largest shopping and entertainment destinations, and the Dubai International Financial Centre.”
Dubai Islamic Bank will offer up to 95 per cent finance. “With on-site initial credit approval and installments beginning only after hand-over or delivery of the property, Al Islami Home Finance is a comfortable option for potential home-owners,” said Mohammed Al Ameery, SVP – Head of Sales and Distribution, Dubai Islamic Bank.
He added: “The Islamic insurance financed scheme does not require salary transfer and needs only minimum documentation. The Al Islami home finance on Centro Towers 1 is a good opportunity for customers to own a dream home in Downtown Burj Dubai, one of the most-sought after locations in the city.”
Potential home-owners can visit the Downtown Burj Dubai Sales Centre for pre-approval from April 11 from 9am to 7pm. They can also call toll-free 800-EMAAR (36227) for more details.
The AED 73 billion (US$20 billion) Downtown Burj Dubai is a mixed-use project that ushers in a vibrant, new downtown neighbourhood to Dubai.
