Al-Fara'a Properties, the flagship subsidiary of the Al-Fara'a Construction, Industrial and Property Group, announced its plans to launch a series of new projects collectively valued at AED10 billion ($2.7 billion) within Dubai's most sought-after real estate destinations by the end of 2008. The 10-fold expansion will reiterate the leading developer's focus on providing quality built spaces and integrated services for regional and global clients through the unveiling of several high profile commercial, residential and mixed-used projects. With a growing repute as a developer that specializes in providing high-end developments within the most in-demand locations, Al-Fara'a Properties has revealed that the projects will be strategically located in Dubai Maritime City, Dubai Waterfront, Down town Jebel Ali, and Al-Reem Island. The new batch of projects will incorporate the developer's signature features, including additional amenities that give Al-Fara'a Properties' projects its distinctive edge. “As an organized business entity whose main focus lies in achieving success in all our endeavors, we have developed a result-driven strategy based on the rapidly-maturing real estate climate to ensure the success of the upcoming projects we currently have in the pipeline,” said Natasha Gangaramani, director, Al-Fara'a Properties. “The value of the strategic planning that goes into our charted plans reflects our proactive approach to growth, including our efforts to launch and deliver projects within important real estate locations in the UAE. We believe that our aim to boost our portfolio to reach AED10 billion by the end of 2008 is ambitious but nevertheless a realistic one, given the support we've received from the Al-Fara'a Construction.” __
