Dubai Silicon Oasis Showcases Cedre Villas At Moscow International Property Show

Dubai Silicon Oasis (DSO), the integrated free zone technology park, announced it is showcasing today its AED1.55-billion Cedre Villas project at the Moscow International Property Show, an exclusive real estate show that includes a personally invited audience of high net worth individuals.

A leading foreign property show organized by aigroup, the Moscow International Property Show is presented bi-annually in April and November and currently in its seventh year. Running from 8-9 April in Moscow, it provides a platform for worldwide developers and real estate agencies to network with distinguished representatives from the government and private sectors as well as real estate portfolio managers.

Dubai Silicon Oasis is leveraging the boutique format of the show to spotlight the 1,047-Cedre Villas development comprising luxury, executive, town house and twin villas ranging between three to five bedrooms. Located within the 7.2-square km state-of-the-art integrated tech park, the villas are available in three architectural models – modern, traditional, and Arabic – and are offered at very competitive rates.

Waleed Bin Shafie, Vice President – Real Estate Sales at Dubai Silicon Oasis Authority (DSOA), said: “Dubai is gaining popularity as a holiday destination among Russians who are keen to invest in a second home here. The Moscow International Property Show has stringent criteria of participation and welcomes exhibitors that enjoy high credibility among investors and buyers.

“Our participation at this show offers valuable exposure for Cedre Villas to elite buyers. As a professional platform to exchange information, complete transactions and conclude partnership agreements, we are confident the property show is an ideal forum to highlight the unmatched experience that Cedre Villas offers.”

DSO has completed selling and leasing 64 per cent of the first phase of the Cedre Villas development. Construction work on the second phase was completed in May 2010 with nearly 40 per cent of the units sold prior completion.

Cedre Villas offers residents a community centre encompassing an exclusive clubhouse, a shopping complex, health and leisure facilities, as well as swimming pools, schools and academies, clinic, play areas and other features.

The Cedre Villas project is part of a comprehensive metropolitan community at DSO that combines office towers, research and development (R&D) and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare facilities and a wide range of lifestyle options to create a dynamic commercial and social environment.

Wholly-owned by the Government of Dubai, DSO operates as a free zone for companies producing semiconductors, microelectronics, and other high-tech products seeking to establish regional headquarters and centers of research and development in the Middle East and Africa.

 

Dubai Silicon Oasis To Host Second Open House For Cedre Villas Development

Dubai Silicon Oasis (DSO), the integrated free zone technology park, today announced it will host its second open house at its prestigious Cedre Villas project.

To be held on 12 March, visitors to the AED1.55-billion villa development that comprises luxury, executive, twin villas, as well as town houses in three distinct architectural models – modern, traditional, and arabic, will benefit from an array of attractive offers.

Walid bin Shafee, Vice President – Sales Real Estate, Dubai Silicon Oasis Authority, said: “The upcoming open house event for our Cedre Villas development comes on the back of the success of the previous session we held last December. The positive response we received then has encouraged us to extend these special offers to those looking to invest in quality villas that reflect excellent value for money.”

Dubai Silicon Oasis Authority will leverage the open house initiative to roll out its three payment plan options for future home owners. No interest will be charged for buyers committing to a three-year instalment plan whereas only AED70,000 and AED140,000 will be added to the original price of the unit for those wishing to commit to a four or five-year instalment plan respectively.

In addition, potential customers will receive a five percent discount if opting for bank financing whereas a 10 percent discount will be granted to cash buyers. All buyers will also benefit from a waiver of the community fee for the first year, free land registration and free basic landscaping.

Strategically located to provide easy access to all points of Dubai, the gated Cedre Villas development offers modern comfort and safe community living. A 65,000-sq-ft community centre, clubhouses, nursery and k-12 grade schools, play areas, swimming pools, pedestrian networks, interconnected courtyards and parks are all part of the holistic offering at Cedre Villas.
 

Dubai Silicon Oasis To Introduce New Offerings For Cedre Villas Project At Cityscape Dubai

Dubai Silicon Oasis (DSO), the region’s integrated free zone technology park, today announced it will introduce new promotional incentives including special discounts and fee waivers for its ready-to-move-in Cedre Villas project during its participation at Cityscape Global 2010 in Dubai, one of the largest business-to-business real estate investment and development events in the world.

The ninth edition of Cityscape Global in Dubai will be held from 4-7 October at the Dubai International Convention and Exhibition Centre. Senior officials will be responding to visitors’ queries about the villa project’s new promotional offers at DSO stand located at hall #6 – C20.

The leasing and sale of all 368 units in Phase-I of the AED1.55 billion Cedre Villas project have been successfully completed, while Phase-II of the project was delivered in June 2010. Almost 40 per cent of the units have already been leased and sold.

Shahla Ahmed Abdul Razak, Deputy Chief Executive Officer at Dubai Silicon Oasis Authority, said: "Since the launch of the Cedre Villas project, we have received tremendous interest from industry professionals and investors alike. We are currently at the final stages of launching an integrated community centre at the luxurious villa project. The centre will particularly serve people living at the Cedre Villas project as well as those who work and live in the vicinity of DSO through providing them with a variety of amenities and services. This step comes in line with our commitment to achieving the project objectives as per the planned schedule.

“Our participation in Cityscape Dubai last year received great interest from investors who were impressed with the high quality-space and the overall value proposition that the units offer when benchmarked against similar developments in the market,” Shahla added.

Cityscape Global in Dubai, which will attract business leaders and industry professionals alike, will provide DSO with an opportunity to highlight the integrated gated community that additionally holds appeal to those working and living in the vicinity of DSO.

With 218 exhibitors from 115 countries, 6,840 investors and hundreds of real estate projects on showcase from across the Middle East, Asia, Africa and Europe, the four-day industry event attracted more than 80,000 visitors in 2009.

Currently, 126 plots are being developed at Dubai Silicon Oasis out of which the construction of 44 fitted-out buildings was completed during the first half of this year. Additionally, the hi-tech park will house three mosques, the first of which was delivered in June 2010 with a 300-person capacity. The 1,000-capacity second mosque is scheduled to be delivered within 18 months while construction of the third mosque has already commenced A wholly-owned entity of Dubai Government, Dubai Silicon Oasis operates as a free zone technology park for the semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and Africa region.

Dubai Silicon Oasis Announces 100% Completion Of Its Cedre Villas Project

Dubai Silicon Oasis (DSO), the region’s integrated free zone technology park, today announced the delivery of Phase-2 of its 1,047 Cedre Villas project, comprising a variety of exclusive and spacious villas. Phase-2 includes 647 units that are ready to move into with water and electricity connected.

Following the phenomenal success of Phase-1 of the development which saw 400 villas launched in October 2009 and completely sold out, DSO adds another 647 villas bringing the total to 1,047 units. Of the 647 units in Phase-2 DSO has already received pre-bookings for over 30 percent of units.

Located within the 7.2-square km state-of-the-art integrated high-technology free zone, the 1,047 Cedre Villas development comprises of luxury, executive, town house and twin villas ranging between 3 to 5 bedrooms. The villas are available in three architectural models – modern, traditional, and Islamic – and are being offered at very competitive rates.

Eng. Muammar Al Katheeri, Senior Vice President of Engineering Management at Dubai Silicon Oasis Authority, said: “We have succeeded to sell and lease phase-1 of the development and today we add another remarkable milestone by releasing additional units into the market. Consistent efforts to maintain quality and strict adherences to timelines have facilitated the completion of construction ahead of schedule.”

“This accomplishment also ensures our commitment to exceed customer expectations. The demand has been quite remarkable for Phase-1 and despite current market conditions Phase-2 has received an enthusiastic response. We are confident that Cedre villas development will continue to receive high interest.”

Located within the gated community of Dubai Silicon Oasis on Emirates Road, the development will offer residents a community center comprising of an exclusive clubhouse, a shopping complex, health and leisure facilities, swimming pools, schools and academies, clinic, play areas and other lifestyle necessities. Completion of these facilities is expected by August 2010.

The Cedre Villas project is part of a comprehensive urban community at DSO that combines office towers, research and development (R&D) and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare facilities and a wide range of lifestyle options to create a dynamic commercial and social environment.

Dubai Silicon Oasis is a wholly-owned entity of the Government of Dubai and operates as a free zone technology park for the semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and Africa region.
 

Dubai Silicon Oasis’ Showcases Luxurious Cedre Villas Development At Cityscape Jeddah 2010

Dubai Silicon Oasis (DSO), the integrated free zone technology park, today announced it is showcasing its AED1.55-billion Cedre Villas project at Cityscape Jeddah 2010, the Kingdom’s premier real estate investment and development event.

Held under the patronage of His Royal Highness Prince Misha’al Bin Majed Bin Abdul Aziz, Governor of Jeddah from 7 to 9 June; the three-day Cityscape Jeddah 2010 opened today at the Jeddah Center for Forums and Events.

Spanning an area of 10,000 sq meters of prime exhibition space, Cityscape Jeddah highlights Jeddah’s role as Saudi Arabia’s ’Gateway City’. With more than 100 local and regional property investors, developers and service providers, the event is set to deliver powerful content and insightful discussions by top calibre speakers.

Waleed Bin Shafie, Director – Real Estate Sales at Dubai Silicon Oasis Authority (DSOA), said: “Based on our success during similar events in the region, we aim to further expand our reach and connect with a wider client base in the region through our participation at Cityscape Jeddah. This event is an ideal platform to network and attract regional and international investors to the high-technology park and the prestigious residential community.”

“A world-class project with Phase-1 completely sold out; Phase-2 of Cedre Villas has already received pre-bookings for over 30 percent of units. We are developing a community that caters to the lifestyle of all the residents and are confident the development will continue to generate high interest with our holistic offerings.”

Dubai Silicon Oasis recently delivered Phase-2 of its 1,047 Cedre Villas project, comprising a variety of exclusive and spacious villas. Phase-2 includes 647 units that are ready to move in with water and electricity connected.

Located within the 7.2-square km state-of-the-art integrated high-technology free zone, the 1,047 Cedre Villas development comprises luxury, executive, town house and twin villas ranging between three to five bedrooms. The villas are available in three architectural models – modern, traditional, and Islamic – and are being offered at very competitive rates.

Cedre Villas offers residents a community centre comprising an exclusive clubhouse, a shopping complex, health and leisure facilities, swimming pools, schools and academies, clinic, play areas and other features required for convenience. The entire range of facilities is expected to be completed by August 2010.

The Cedre Villas project is part of a comprehensive urban community at DSO that combines office towers, research and development (R&D) and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare facilities and a wide range of lifestyle options to create a dynamic commercial and social environment.

Cityscape Jeddah 2010 has brought together leaders of the biggest commercial and investment banks, institutional investors and developers in Saudi Arabia. In addition, the event introduces a more interactive format to provide attendees with the opportunity to interact, brainstorm, exchange views and compare experiences through informal, focused discussions.

Dubai Silicon Oasis is a wholly-owned entity of the Government of Dubai and operates as a free zone technology park for the semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and Africa region.