Dubai Properties Group Offers Affordable Apartment Options At Al Khail Gate Community

More than 50% of Units Already Leased as Location and Value for Money Drive Demand for Spacious New Units in Gated Community.

Dubai: 16 December, 2009 – Dubai Properties Group (DPG), a member of Dubai Holding, today announced that it has leased more than 50% of apartments at its innovative new community Al Khail Gate to both corporate and residential customers looking for affordable mid-range housing requirements in Dubai.

With reasonable prices and a prime location on Al Khail road, the AED 3 billion development is proving popular with customers throughout the Emirates as demand is high to lease spacious apartments that offer good value for money.  The gated community is designed to accommodate both singles and families across the  seven million square foot development.

With Leasing prices starting as low as AED 33,000 per year, the Community offers a wide range of apartments and leasing options, including studios, one, two and three-bedroom apartments.

Khalid Al Malik, Group CEO, Dubai Properties Group, said:

We are thrilled with the success of the Al Khail Gate community and pleased to be able to offer these spacious new apartment that  provide  a much needed option for affordability, quality and convenience in the Dubai real estate market. Al Khail Gate affirms our commitment to deliver a diverse real estate portfolio that offers something for everyone in every corner of Dubai.

Ideal for UAE residents currently making the long commute from other emirates, the apartments at Al Khail Gate range from 420 sq ft studios, 690 sq ft one-bedroom, 966 sq ft two-bedroom and 1,150 sq ft three-bedroom units. Located in close proximity to Dubai’s arterial highways including Al Khail Road, the development is just minutes away from the Dubai business district, Old Town, and new Dubai.

In addition, further enhancements to the living experience at the community are underway as additional services and facilities are being planned. DPG is planning to build a dedicated gym, a swimming pool, kids play areas, sport facilities including multipurpose courts for basketball, volleyball and tennis, in addition to a cricket ground, and retail shops to further enrich the experience and better service the community.

Salwan Property Management will lease and manage the Al Khail Gate development and deliver its unique customer-centric services. Salwan Property Management, a subsidiary of Dubai Properties Group, currently manages more than 14,000 residential and commercial units in different locations around Dubai including Shorooq Mirdif, Jumeirah Beach Residence (JBR), Cordoba Villas, Al Khail Gate, and Layan.

Additional information is available on 800-SALWAN (725926) or at www.salwan.ae

Notes to Editors

About Dubai Properties Group

Dubai Properties Group (DPG), a member of Dubai Holding, is a pioneering community developer that offers integrated and holistic services in real estate, retail, destination management and lifestyle management. Dubai Properties Group was established in 2008 to consolidate the operation growth of Dubai Properties different divisions into distinct business units. This evolution came from Dubai properties entity which aimed to contribute to the growth of Dubai by conceiving, developing and enhancing unique business projects.

With five synergetic lines of business, the Dubai Properties Group offers a sustained level of quality and excellence from Dubai Properties for customer service, sales and marketing interface; Salwan for property management services company; Injaz for the development of fully sustainable communities; Dubai Retail as the retail services company and Dubai Asset Management as the facilities management provider and community security services.

Founded on principles of transparency, accountability, and dedicated customer focus, Dubai Properties Group aspires to become the best partner in providing unique lifestyles, by creating a world class organization that offers a wealth of industry knowledge and expertise through its people. DPG will constantly seek new and innovative ways in delivering comprehensive end-to-end solutions for its stakeholders, investors and business partners.

In pursuing its ambitious objectives, DPG consciously works towards raising the benchmark of environmental standards while striving to reduce its carbon footprint in the countries and communities where it seeks a presence.

About Salwan Property Management

Salwan Property Management, a subsidiary of Dubai Properties Group, is a leading provider of innovative leasing and property management solutions and the introducers of the strata management system to the region. Established in 2008, Salwan offers a full spectrum of enabling services to residential and commercial stakeholders. Its service portfolio includes property management, leasing, sales / resale, hotel apartment management and real estate valuation and advisory services.

Salwan also offers a complete range of construction supervision and administrative services ranging from contract negotiations and build-out to leasing and risk management. The company currently offers premium real estate services to more than 18,000 units around Dubai including Jumeirah Beach Residence (JBR), Cordoba Residence, Al Khail Gate, Al Razi Residence, Layan Community at Dubailand, and Office Park at Dubai Internet City.

For further information, please contact:

Dina Samhout
Account Manager
Jiwin Public Relations
A member of the Media Services Group
Phone: +971-4-3755247
Fax: +971-4-3688001
Email: Dina.Samhout@jiwin.ae

Or 

Stephanie Goodell
Sr. Manager PR & Communications
DPG
Tel: + 971-4-4352042
Fax: + 971-4-3672972
E-mail: Stephanie.goodell@tatweerdubai.com