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Burooj Properties Affirms Timely Delivery Of Projects On Al Reem Island

Burooj Properties, the Abu Dhabi-based subsidiary of Abu Dhabi Islamic Bank (ADIB) and a developer of world-class, innovative residential and commercial real estate projects in the UAE and the MENA (Middle East and North Africa) region, has affirmed the timely delivery of its projects. Noting the company’s commitment to its investors, Adel Al Zarouni, Managing Director of Burooj Properties, said that the company’s projects will be completed as scheduled and buyers of the residential properties will be able to move in to their new homes as planned on Abu Dhabi’s premier address. “The Abu Dhabi realty market remains resilient despite the global economic downturn. This is primarily due to the current imbalance between the great demands vs low supply of residential properties, compounded by the relatively new concept of expat ownership in the emirate. These, plus the growing attraction of Abu Dhabi as an ideal place to live and work owing to the Government’s measured development, allow developers like Burooj Properties the opportunity to continue to do business in the UAE capital,” said Al Zarouni. On the upcoming Abu Dhabi Real Estate & Investment Show (IREIS), which will be held on 27-29th January at the Abu Dhabi National Exhibition Centre, Burooj Properties will exhibit three of its residential towers on Al Reem Island - Burooj Pearl, Burooj Terraces and Burooj Crystal. The towers - Burooj Pearl, Burooj Terraces and Burooj Crystal - rise up to 26, 40 and 48-storey buildings and have 213, 270 and 322 apartments respectively, consisting of studio to one to three-bedroom apartments. All three projects comprise stylish modern facilities and amenities that offer optimum conveniences of an urban lifestyle. These include 24-hour security and state-of-the-art facility management systems such as automatic temperature control, air quality control, lighting, waste disposal system and CCTV monitoring. “With their ultra-luxurious design, elegant finishing, convenient location and premium surroundings, the towers will undoubtedly be an attraction for potential investors or residence buyers at IREIS,” Al Zarouni said. IREIS has grown to be one of the region’s leading real estate shows that provide industry players, such as Burooj Properties, the platform to showcase their projects before a high quality audience of investors and property developers. Burooj Properties is located (C1) will be at Hall no. 2 at ADNEC.

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