Mr. Khalaf Al Habtoor, Chairman of the Al Habtoor Group announced the
expansion plans of the Group, which are in line with the vision of His Highness
Sheikh Mohammed Bin Rashid Al Maktoum for Dubai.
Participating in the ever promising Realty property market of Dubai, AL Habtoor
Group Real Estate has widened its portfolio by adding two new residential
buildings during the current year. The latest acquisition is the strikingly
distinguished building in the Emaar development Marina Walk that is called Al
Habtoor Walk. It is located strategically and directly along the water front and
the yachting berths, adjacent to the Dubai Marina Phase I, and shares the
popular marina retail area which includes foods courts, shopping stalls, themed
restaurants and supermarkets.
The unique tower development of 33 storeys has a strategic angle location
whereby most of the residential units face the water front and also offers a
breathtaking view of the Arabian Sea. The tower consists of 169 high quality
residential units comprising of 1BR, 2BR, 3BR apartments in addition to
penthouses and podium villas and are designed and oriented to offer luxurious
life styles. The development also includes 5000 sq. ft. of retail space. There
is a private way leading to Marina phase I development including this tower
whereby residents and visitors will be able to have private access to the tower.
Ample Parking area of 215 units would cater to the need of the tenants.
Said Khalaf Al Habtoor: “Al Habtoor Group strategy is to develop continuously,
paralleling the continuous growth of Dubai according to HH Sheikh Mohammed’s
vision. The transparency of the plans of HH to invest huge budgets in the
infrastructure of Dubai is a great result to all people – We strongly support
the vision of HH Sheikh Mohammed and therefore we are encouraged to invest in
more specialized work to prepare Dubai for worldwide future competition”.