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Falconcity of Wonders enthralls visitors at Arabian Properties Forum in Abu Dhabi |
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4/11/2006 9:09:07 AM |
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 Falconcity of Wonders, an ambitious AED 5.5 billion project being set up within Dubailand, has announced that its participation in the Arabian Properties Forum that was recently held in Abu Dhabi alongside the first Arabian Properties Exhibition, has proved to be highly successful, as they received an overwhelming response from visitors to their stand.
“The interest generated by Falconcity of Wonders at the Arabian Properties Exhibition provides ample proof of the market demand for inimitable and one-of-a-kind property developments,” said Salem AlMoosa, Chairman and CEO, Falcon City of Wonders LLC. “The Abu Dhabi property market has been witnessing a major boom in the recent months, which is certain to drive huge investments in this sector, and we are glad that our participation in this exhibition has paid rich outcome.”
“The Dubai Property Law recently issued by H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, provides an added impetus to the already booming property market, and also enhances the significance of unique property developments such as the Falconcity of Wonders,” he added.
Falconcity of Wonders is a unique, purpose-built community project featuring structures based on the architectural wonders of the world, such as the Pyramids, the Hanging Gardens of Babylon, the Eiffel Tower, the Taj Mahal, the Great Wall of China, the Leaning Tower of Pisa, and the Lighthouse of Alexandria. In addition, the project comprises villas, apartments, shopping malls, hotels, restaurants, health clubs, schools and parks.
“With the growing interest shown by expatriates to invest in premium real estate projects in the UAE, Falconcity of Wonders is certain to appeal to these investors, as its distinctive design and concept is an embodiment of global cultures and civilizations. Our participation in the Arabian Properties Exhibition gave us an excellent opportunity to target prospective investors in Abu Dhabi, and we are more than satisfied with the outcome, as our stand was constantly flooded with visitors and prospective investors who wanted to know more about the project.”
“The Falconcity of Wonders presents the very best in design, architecture and luxury, and this project is a tribute to the people of this country. The recent developments in property market have taken us a step closer to reality and I would like to thank the government and the rulers of UAE for creating a conducive environment for companies like Falconcity of Wonders to realise its dreams,” added Almoosa.
Falconcity of Wonders recently tied up with Emirates Islamic Bank to finance properties developed within the project. The deal comprises three unique offers; The SmartHome Home Finance scheme which is suited for those who prefer fixed rate financing, HomeLease scheme, which is perfect for customers opting for floating rate finance, and the HomeInvest scheme that caters to those who wish to unlock the value of their property through refinancing.
About Falcon City of Wonders:
Falcon City of Wonders is a purpose-built community project within Dubailand, featuring structures based on famous sites and the architectural marvels of the world, such as the Pyramids, the Hanging Gardens of Babylon, the Eiffel Tower, the Taj Mahal and Leaning Tower of Pisa. Spread over an area of 4 million square meters, it is shaped to represent the falcon, emblematic of the UAE’s heritage.
The project will combine various commercial, residential, educational and leisure amenities with entertainment facilities, and will include apartments, villas, shopping malls, hotels, restaurants, health clubs and spas, schools and parks, in addition to a Pharaohs Theme Park. Falcon City of Wonders is designed to be a land of civilizations, tracing the lifestyles and culture of people from different ages and from different parts of the world.
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