Redefine your image. Developed by:

Transcription

1 Redefine your image

2 Redefine your image Developed by:

3 A whole new image First impressions are lasting impressions - redefine the way you live by immersing yourself in a chic quality of life complemented by well-designed and contemporary living spaces that represent exactly the image you want to portray. Such a harmonious blend of luxury, location and lifestyle is on offer at Image Residences, a luxurious residential development by Al Fara a Properties.

4 Image Residences Defined by practicality and endowed with style, Image Residences is an exclusive residential address providing a premium lifestyle for the discerning few. Situated in Downtown Jebel Ali, within the bustling metropolis of Dubai in the United Arab Emirates, the tastefully-crafted interior finishes of Image Residences combined with its masterfully designed structure, provides you with a preview of what the jewel of the Middle East has to offer.

5 Vibrant Dubai Luxury golf courses Burj Al Arab Dubai, the hub of the Middle East and one of the fastest growing cities in the world has, in recent times, experienced phenomenal growth which has positioned it as one of the forthcoming financial, business and tourism capitals of the world. Sheikh Zayed Road at night The city is undergoing an incredible boom within the realty sector with a remarkable and iconic skyline dominated by the Burj Dubai, the world s tallest tower, Burj Al Arab, the world s first seven star hotel, The Palm and The World. Another such development, created to reflect Dubai s elite cosmopolitan lifestyle is Downtown Jebel Ali a fully integrated, residential and commercial community.

6 Dubai Waterfront Palm Jebel Ali Palm Jumeirah Palm Deira Downtown Jebel Ali Jebel Ali Port The World Port Rashid Dubai Marina Burj Al Arab Dubai Offshore Sailing Club ZONE 4 ZONE 3 Jebel Ali Freezone ZONE 2 ZONE 1 Dubai World Central Airport EMIRATES ROAD SHEIKH ZAYED ROAD Golf Estate lbn Battuta Mall Jumeirah Islands Sport City Mall of Emirates Emirates Hill Jumeirah Village SHEIKH ZAYED ROAD AL KAHIL ROAD Burj Dubai Dubai Mall DIFC Dubai Festival City Reef Mall Dubai Airport Downtown Jebel Ali is a 200-hectare, mixed-use urban community along an 11 kilometer stretch of Sheikh Zayed Road. It will accommodate more than 200,000 people in four distinctive zones. Each zone will have three individual districts: The Urban Centre, The Trellis and The Medina, creating a blend of business, residential, shopping, dining and entertainment facilities, as well as its own iconic, individually-themed plaza, which will be the transport, retail and entertainment hub of the zone. Downtown Jebel Ali is located between the Jebel Ali Free Zone and Techno Park, and will have 330 buildings, 208 of which are residential. Around one hectare in five will be green, open space and there will be pedestrianised, car-free areas. The development will also boast a rich, convenient transport system, enabling people to live in, work at or visit Downtown Jebel Ali without the need for a car. An internal people mover will use the latest technology to provide easy, environmentallyfriendly travel within each zone; four Dubai Metro stations will allow effortless travel between each zone and road access will be via four new freeway interchanges. EMIRATES ROAD International City Limitless LLC, a Dubai World company, is an integrated global real estate developer across all market segments, delivering distinctive, sustainable developments. Established in July 2005 and built upon the philosophy of delivering distinction, Limitless has three specific areas of expertise: master planning large urban communities, waterfront development and the implementation of large scale balanced projects. Situated at the heart of Downtown Jebel Ali is Image Residences, a luxurious residential development by Al Faraa Properties, one of the leading developers in Dubai.

7 Strategically positioned Downtown Jebel Ali Zone 3 Image Residences enviable location in the lively Medina District within Zone 3 allows you to enjoy all the trappings of a well integrated community with lush landscaped gardens, stunning urban plazas and children s playgrounds. This superb development is strategically positioned in close proximity to Dubai World Central International Airport - the world s largest airport, Jebel Ali Free Zone - the world s largest man made harbor, Techno Park & Dubai Waterfront - the world s largest waterfront development.

8 A visionary transport hub At Downtown Jebel Ali, the upcoming Dubai Metro system will connect Image Residences to the rest of Dubai and four new planned highway intersections will make your commute fast and stress-free. The new Dubai World Central International Airport the world s largest passenger and cargo terminal - will only be minutes from Downtown Jebel Ali. This new airport will be linked to the existing Dubai International Airport by a high speed express rail system and served by the Dubai Metro and a dedicated Dubai World Central light railway.

9 Making a design statement Image Residences, a lavish residential development of two towers, with Towers A and B comprising 17 and 11 floors respectively, has been carefully designed to be an integrated offering of homes with well crafted studios, spacious one bedroom, two bedroom and three bedroom apartments and plush townhouses. Reflect on your lifestyle as you take in the vistas of the lush landscaped areas and beautiful urban plazas from the environs of your own patio at Image Residences.

10 Focus on style and comfort Each apartment at Image Residences has been designed with an eye for detail to provide the chic and fashionable standard of living that will delight its residents. Stylish, fully equipped kitchens Many apartments with private gardens and maid s room Spacious walk-in wardrobes in most apartments Generous and comfortable interiors Stunning luxury bathrooms

11 speakers control panel Smart Homes ipod docking station lighting and curtain control Integrated with a controlled state of the art lighting system, the smart home design at Image Residences alleviates the everyday problem of intrusive technology components, from switches to control panels, cluttering up your interior. A customdesigned combination faceplate will elegantly house all your audio, visual and lighting functions. With one superior master panel, the smart home lighting system will offer mood lighting flexibility and scene selection throughout your home. Transcend your lifestyle with acute hi-fi performance throughout your home with fully compatible technologies, including ipod and Mp3 options. Listen in on the news in your bathroom or to your favourite tunes in the kitchen as you prepare a meal for the family. The stylish wall mounted key pads and hand held remotes allow you full control over both audiovisual and lighting from the comfort of your arm chair.

12 A new perspective on life Combining urban style with modern conveniences and a cosmopolitan atmosphere, a new home at Image Residences offers you the luxury and comfort of your own space designed to accommodate not just your needs but also to satisfy your desires. A well manicured central leisure deck with a generously-sized swimming pool and children s pool is surrounded by relaxing outdoor sitting and barbeque areas. Simply relax or choose to have a stress-releasing workout at the stateof-the-art-gym, followed by some retail therapy in the surrounding plazas.

13 Specification Image Residences offers an amazing range of facilities and amenities that complement your way of life Amenities Large landscaped leisure deck on the podium Swimming pool & children s pool State of the art gym Outdoor seating and BBQ area Smart Home technology Basement and podium car park Facilities Retail outlets at the ground floor High speed internet connectivity 24 hour security system District cooling system

14 Investing in your image Up to 90% finance available At Al Fara a Properties, we understand the importance of your investment and recognize the trust you place in us. Whether you are a first time buyer or a seasoned investor, we are committed to providing you with a home of the highest quality. We offer you a choice of both Islamic and non-islamic banks that provide attractive payment plans to suit your budget. At Al Fara a, we create value for our customers.

15 Site plan Courtyard 4th floor Key 1 bed 2 bed 3 bed N N All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE. All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE.

16 Typical floor plan Typical studio apartment Key Studio 1 bed 2 bed N Total unit area from 451ft 2 to 503ft 2 N All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE. All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE.

17 Typical 1 bedroom apartment Typical 2 bedroom apartment N N Total unit area from 741ft 2 to 999ft 2 Total unit area from 1351ft 2 to 1487ft 2 All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE. All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE.

18 Typical 2 bedroom + maid apartment Typical 3 bedroom apartment N N Total unit area from 1508ft 2 to 1709ft 2 Total unit area from 1957ft 2 to 2413ft 2 All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE. All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE.

19 Typical townhouse Ground and first floor Typical townhouse Second floor Exclusive lobby Attractive Medina Street view Master bedroom suites Spacious family room Total unit area from 2324ft 2 to 3923ft 2 N N All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE. All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space may vary from the stated floorplan. The developer reserves the right to make revisions to floorplans. Drawings not to scale. E&OE.

20 Weaving luxury into everyday living Al Fara a Properties brings the combined experience of more than 28 years of the Al Fara a Construction and Industrial Group to Image Residences at Downtown Jebel Ali: Al Fara a Properties is committed to building excellence through partnership with our clients and consultants to ensure that every project we put our name to, meets the highest design and quality standards at the best prices. Established in 1980 as a construction and general contracting company, Al Fara a is now recognized as one of the most sought after construction groups within the U.A.E. Over the last 28 years, Al Fara a Construction Group has honed its skills and established group companies in allied sectors such as Real Estate and Property Development, Readymix Concrete, Precast Structures, Electro-Mechanical Services, Aluminium and Glass Interiors and Joinery. Al Fara a offers total integrated construction packages providing all services under one roof. A slice of life the big apple way Al Fara a General Contracting Co. Uniberton Readymix Al Fara a Steel Structures Belgium Aluminium & Glass Industries Al Sabbah Electro-Mechanical Cont. Est. Al Fara a Properties Al Fara s Investments Al Fara a Interiors & Joinery Al Fara a Precast

21 800 ALFARAA ( ) Developer Registration No 78/2007

22 Invest at Image

23 Invest at Image Developed by:

24 Image Residences Defined by practicality and endowed with style, Image Residences is an exclusive two tower mid-rise residential address situated within downtown Jebel Ali in the bustling metropolis of Dubai in the United Arab Emirates. The tastefully crafted interior finishes of the studios, spacious one, two bedroom and three bedroom apartments and plush townhouses provide a preview of what the jewel of the Middle East has to offer. Reflect on your lifestyle as you take in the vistas of the lush landscaped areas and beautiful urban plazas from the environs of your own private patios at Image Residences.

25 Why Dubai? GDP (AED) 300, , , , ,000 Dubai GDP Growth at Current Prices POPULATION 2,000,000 1,800,000 1,600,000 1,400,000 1,200,000 1,000, , ,000 Population Growth Curve A stable, growing economy 50, , , Year Year Original Forecast Source: Dubai Chamber of Commerce & Industry Revised Forecast Source: Ministry of Planning, Dubai Municipality Dubai International Airport Statistics Most Popular Expatriate Destination Leadership The growth of Dubai is led by the powerful vision unveiled by the Prime Minister of the UAE and Ruler of Dubai, General Sheikh Mohammed bin Rashid Al Maktoum for 2015 is to grow the GDP of Dubai from $37 billion to $108billion. GDP Growth GDP growth remains significantly above the averages of developed economies. The Dubai Government expects GDP to reach $67Billion in UAE* 35.00% Trade Driven by the world s 4th largest logistical network, Dubai Port World handled 43.3 million TEUs via its portfolio of 42 terminals in Also, backed by 19 trade free zones, Dubai is the leading choice for international investors to operate from. PASSENGERS (millions) YEAR Passengers (millions) Freight (tonnes) Source: Dubai International Airport TONNES Dubai Saudi Arabia Qatar Oman Kuwait Bahrain 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% * Excluding Dubai Source: GulfTalent Survey 40.00% Free Zones Business can be set up in just 30 minutes in a Dubai free zone which are now home to 5,000+ companies with an estimated total investment of over $4 billion. Freehold Property Effective 2002, the Dubai government permitted the ownership of freehold property to expatriates, which has changed the real estate industry in the region. Tax-free A tax-free regime has aided Dubai s rise to prominence as a financial centre of excellence. With no capital gains, inheritance or income tax and fantastic employment prospects, Dubai attracts international high earners and investors. Population Growth Emergence of Dubai as the regional centre of commercial activity is one of the key drivers behind population growth. Employee growth has more than doubled over the last ten years and today the figure stands at over 1 million employees. Tourism The tourism industry is one of the primary sources of future growth with approx. 6 million tourists visiting Dubai in 2006 and a projected 15 million tourists by Construction Boom used in Dubai. This is eminent by the fact that 25% of the world s cranes are The above are key indicators that have defined Dubai as a lucrative hub for both national and international investors alike. Source: Colliers 2007 report

26 Why Dubai? Attracting national and international property investors 6,000,000,000 4,000,000,000 2,000,000,000 Value (AED) 0 Saudi Arabia India United Kingdom Kuwait Pakistan Oman Iran Bahrain Qatar Russian Federation Figure 1.1 On the back of a booming economy and a favourable tax regime, there has been a massive influx of both foreign and local property investors: Mortgage Finance Number of banks willing to lend finance on the purchase of foreign ownership properties has increased as banks adopt less conservative lending practices with mortgages now being offered on up to 96% of a property s market value. Freehold & Free zone Investments Changes made to property law in 2002 enable foreign investors to buy freehold property in Dubai, entitling them to a residence visa. The combination of a relatively red-tape free buying process, no legal fees, reasonable transfer fees and only 1.5% land registration tax payable to the Government on completion. Q figures indicate that International investors from Saudi Arabia, India and the United Kingdom head the list of a diversified investment demographic that pumped an estimated AED13Billion into the Dubai realty market. Security Escrow Account Owing to a substantial portion of investment being made in off-plan projects, in July 2007 Dubai authorities introduced the Escrow or Trust Account which safeguards the interests of freehold property buyers. An escrow is the deposit of funds with a neutral third party (The Escrow Agent) until such time as either a certificate is issued that the building is completed; or the property is registered in the name of the purchaser; or the transaction is cancelled and the purchase price has been dealt with accordingly.

27 Why Residential Property? A rising market attracting global attention Sound Investments Rising property prices in Dubai continue to maximize capital investment in real estate; indeed some construction projects have appreciated by more than 300% in less than two years. The price of properties on the resale market can achieve up to an average of 70% more than their original purchase price, depending on their popularity. High Rental Yields Global Property Guide lists an apartment of 120 square metres in Dubai, priced at around US$140,000 generating a typical rental yield of 12.8%. Apartments of approximately 50 square metres are listed at around US 50,000 generating a rental yield of 8.4%. The United Kingdom, Ireland and many of the European capital cities are witnessing rental yields falling to below 3%. In Dubai, rental yields are currently holding firm at 6-7% per annum. Another added benefit is that rents in Dubai are paid in advance, sometimes up to 12 months in advance which is an advantage for investors considering purchasing residential property in the region Supply & Demand Curve The demand for residential property continues to rise owing to strong population growth and strong wages underpinned by very buoyant economic conditions. Source: Colliers Q report

28 Why Downtown Jebel Ali? Dubai s most exciting and innovative new location to live, work and relax Located between the Jebel Ali Free zone and Techno Park with their wealth of commercial, employment and educational opportunities, Downtown Jebel Ali will be at the heart of the most dynamic and strategically significant region of Dubai: The development is situated along an 11-kilometre stretch of Sheikh Zayed Road and is a 200-hectare mixed community which will accommodate more than 200,000 people. Downtown Jebel Ali will feature 330 buildings, 208 of which are residential. Downtown Jebel Ali will have four distinctive zones, each with three individual districts - The Urban Centre, The Trellis and The Medina offering a blend of business, residential, shopping, dining and entertainment facilities as well as an iconic, individuallythemed plaza.

29 Why Downtown Jebel Ali? Dubai Waterfront ZONE 4 ZONE 3 Jebel Ali Freezone Palm Jebel Ali Jebel Ali Port SHEIKH ZAYED ROAD lbn Battuta Mall Dubai Marina Jumeirah Islands Palm Jumeirah Mall of Emirates Emirates Hill Burj Al Arab SHEIKH ZAYED ROAD The World Dubai Offshore Sailing Club Burj Dubai Dubai Mall DIFC Port Rashid Palm Deira Reef Mall Make the right connections with an impressive transport network ZONE 2 ZONE 1 AL KAHIL ROAD Dubai Airport Dubai World Central Airport EMIRATES ROAD Golf Estate Sport City Jumeirah Village Dubai Festival City Downtown Jebel Ali boasts a rich, convenient transport system, enabling people to live in, work at or visit Downtown Jebel Ali without the need for a car. An internal people mover system will use the latest technology to provide easy, environmentally-friendly travel within each zone. EMIRATES ROAD International City Four Dubai Metro stations will allow effortless travel between each zone and road access will be via four new freeway interchanges. The new Dubai World Central International Airport the world s largest passenger and cargo terminal is minutes from Downtown Jebel Ali. This new airport, offering three passenger terminals, luxurious facilities, hotels, shopping malls and over 100,000 parking spaces, will be linked to the existing Dubai International Airport by a high speed express rail system and served by the Dubai Metro and a dedicated Dubai World Central light railway. This incredible upcoming growth in surrounding infrastructure puts Downtown Jebel Ali at the forefront of being a rewarding investment prospect.

30 Why Image Residences? An outstanding opportunity Image Residences is a lavish residential double-tower development with Towers A and B, comprising 17 and 11 floors respectively, offering a luxurious collection of well crafted studios, spacious two and three-bedroom apartments and plush three-storey townhouses. Image Residences offers a premium lifestyle opportunity, combining the best of urban style, modern convenience and a cosmopolitan atmosphere with restaurants and retail outlets almost on the doorstep. Premium apartments have private patios overlooking lush, landscaped areas and beautiful urban plazas. Communal areas include a carefully-manicured central leisure deck with a generouslysized swimming pool and children s pool, outdoor sitting and barbecue area, a state of the art gym and male and female spas. Image Residences enjoys an exclusive residential address in an enviable location within the vibrant Medina District, set in Zone 3 of Downtown Jebel Ali. This outstanding development is strategically placed to provide easy access to Dubai World Central International Airport - the world s largest airport, Jebel Ali Free Zone - the world s largest man-made harbor, Techno Park and Dubai Waterfront the world s largest waterfront development. Designed with an eye for detail and an understanding of the chic and fashionable lifestyle of residents, Image Residences offers a high level, high quality specification including fully fitted kitchens with a range of appliances, air conditioning and built in wardrobes to many of the new properties. The latest Smart Home Technology and multiplex data and voice network hub providing state of the art sound, home entertainment and lighting systems along with integrated security, home management and home tasking. Basement and podium car parking, fire alarm system, closed circuit television covering the basement, reception and entrance areas.

31 Why Al Fara, a Properties? Creating value for our customers 96% 145% 600% Weaving luxury into everyday living Average ROI per annum 0 Le Grand Chateau The Manhattan Mulberry Mansions Committed to timely deliveries and working in partnership with our clients, Al Fara a ensures that every development is built to the design and quality standard that creates the highest value for our home owners and investors alike. With Le Grand Chateau being the first development to have commenced ground breaking at Jumeirah Village South, our soon to follow portfolio of projects currently boasts the following per annum average ROI ranges: A slice of life the big apple way Launch date Project Avg. ROI per annum November 2006 Le Grand Chateau 96% October 2007 The Manhattan 145% February 2008 Mulberry Mansions 600%

32 Why Al Fara, a Properties? No missing links Established in 1980, Al Fara a Properties is a company that has gained experience in construction over a period of 28 years and intends to use its expertise and skills over the decades yet to come. The Al Fara a Construction Group owns and manages a diversified portfolio of companies across all disciplines in construction and related sectors. Each sector is served by a specialist company and together these create synergy, giving the Al Fara a Group a unique business advantage. The company s unmatched record in the UAE has lead to certification as a special grade solutions provider by the UAE Government; the highest ranking award available. The companies within the group include: Al Fara a General Contracting Co. Uniberton Readymix Al Fara a Steel Structures Belgium Aluminium & Glass Industries Al Sabbah Electro-Mechanical Cont. Est. Al Fara a Properties Al Fara s Investments Al Fara a Interiors & Joinery Al Fara a Precast As a horizontally and vertically integrated organization, The Al Fara a Group employs over 15,000 people from a range of nationalities, taking a management approach that involves worker empowerment, and development. At Al Fara a Properties we create value for all our customers, regardless of whether you are a first time buyer or a seasoned investor.

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34 800 ALFARAA ( ) Developer Registration No 78/2007